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Music House Education C.I.C.

08294280

active
Community Interest Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • 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

306 UXBRIDGE ROAD, LONDON, W12 7LJ
Incorporated 15/11/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85520
Cultural education

Officers

Mrs Emma Clare Raworth Ltcl Ba Hons

director · Since 10/12/2012

MUSIC EDUCATIONALIST

BRITISH · ENGLAND · Age 63

Also on 4 other boards

Ms Magda Skoczylas

director · Since 23/11/2017

FINANCIAL CONTROLLER

POLISH · UNITED KINGDOM · Age 50

Persons with Significant Control

Mrs Emma Clare Raworth

Significant control

British · England · Age 63

306, Uxbridge Road, London, W12 7LJ

Notified 01/07/2018

Ms Magda Skoczylas

Significant control

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

Charge
satisfied

HANDELSBANKEN PLC

Created 06/02/2019Registered 06/02/2019Satisfied 01/10/2025

CompanyRankvs 2817+ SIC 85520 peers
40

Financial strength6th percentile among SIC peers · 2/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.6× · 6/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength2/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

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

3avg. employees+1

Balance Sheet

Intangible assets£0
Assets less current liabilities-£18k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20230.60-£22k
20221.16
20211.01
20180.99

Derived from filed accounts. Not audited figures.