Music House Education C.I.C.
08294280
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 10/12/2012
MUSIC EDUCATIONALIST
BRITISH · ENGLAND · Age 63
Also on 4 other boards
Persons with Significant Control
Mrs Emma Clare Raworth
British · England · Age 63
306, Uxbridge Road, London, W12 7LJ
Notified 01/07/2018
Ms Magda Skoczylas
Polish · England · Age 50
306, Uxbridge Road, London, W12 7LJ
Notified 22/11/2023
Former PSCs
Mr Charlie Raworth
Ceased 01/07/2018
Charges0 outstanding
HANDELSBANKEN PLC
CompanyRankvs 2817+ SIC 85520 peers40
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Computer Equipment 25% straight line Other accounting policies Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going
Key FinancialsYear ending 29/11/2023
Turnover
£195k
Annual revenue
Net Worth
-£18k
Balance sheet strength
Cash
£0
Cash in the bank
Profit Before Tax
-£23k
Bottom line earnings
Net Current Assets
-£18k
Working capital
Current Assets
£27k
Current Liabilities
£45k
Fixed Assets
£0
Debtors
£27k
Cost of Sales
£76k
Gross Profit
£119k
Admin Expenses
£142k
Operating Profit
-£23k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 0.60 | -£22k |
| 2022 | 1.16 | — |
| 2021 | 1.01 | — |
| 2018 | 0.99 | — |
Derived from filed accounts. Not audited figures.