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Promised Land Music Ltd

08712016

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

FIRST FLOOR, 14-15, LONDON, W1T 3LJ
Incorporated 01/10/2013

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 01/10/2025

Due 15/10/2026

On track

Industry

90030
Artistic creation

Officers

Mr Ferdinand Rafael Andrej Unger-Hamilton

director · Since 01/10/2013

MUSIC EXECUTIVE

BRITISH · ENGLAND · Age 55

Also on 2 other boards

Mr Roger Ames

director · Since 30/09/2019

DIRECTOR

BRITISH · ENGLAND · Age 76

Also on 3 other boards

Mr Joseph Davis

director · Since 01/07/2025

SOLICITOR

BRITISH · ENGLAND · Age 34

Persons with Significant Control

Mr Ferdinand Rafael Andrej Unger-Hamilton

75–100% shares
75–100% votes
Appoint directors

British · England · Age 55

First Floor, 14-15, Berners Street, London, W1T 3LJ

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

FERDINAND RAFAEL ANDREI UNGER-HAMILTON

Created 28/06/2019Registered 12/07/2019

CompanyRankvs 6233+ SIC 90030 peers
56

Financial strength89th percentile among SIC peers · 22/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.42× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees14/15 pts

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

Liquidity2/20 pts

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

Longevity13/15 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£75k

Balance sheet strength

Cash

£1.3M

Cash in the bank

Net Current Assets

-£1.9M

Working capital

Current Assets

£1.4M

Current Liabilities

£3.2M

Fixed Assets

£4.4M

Debtors

£103k

3avg. employees

Balance Sheet

Assets less current liabilities£2.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.42+£247k
20230.35

Derived from filed accounts. Not audited figures.