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Musical Service Ltd

08723686

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

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

Details

69 LOUGHBOROUGH RD, NOTTINGHAM, NG2 7LA
Incorporated 08/10/2013

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 08/10/2025

Due 22/10/2026

On track

Industry

90020
Support activities to performing arts

Officers

Mr Russell Swift

secretary · Since 08/10/2013

Also on 1 other board

Mr Russell Swift

director · Since 08/10/2013

MUSICIAN

BRITISH · UNITED KINGDOM · Age 60

Also on 1 other board

Persons with Significant Control

Mr Russell Swift

75–100% shares

English · England · Age 60

Cobblers Hall, 119 Leighton Road, Dunstable, LU5 6AR

Notified 06/04/2016

CompanyRankvs 890+ SIC 90020 peers
78

Financial strength90th percentile among SIC peers · 23/25
Employees44th percentile among SIC peers · 7/15
LiquidityCurrent ratio 2.59× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

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

Employees7/15 pts

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

Liquidity20/20 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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

£86k

Balance sheet strength

Cash

£121k

Cash in the bank

Net Current Assets

£77k

Working capital

Current Assets

£126k

Current Liabilities

£49k

Fixed Assets

£11k

Debtors

£5k

1avg. employees

Tax at Year End

Corp tax£211

Balance Sheet

Assets less current liabilities£88k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20242.59-£6k
20233.23+£194
20223.45+£20k
20215.51+£4k
20203.18+£10k
20192.52+£24k

Derived from filed accounts. Not audited figures.