Back to search

Melody Road Music Ltd

08755636

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

55 KENTISH TOWN ROAD, LONDON, NW1 8NX
Incorporated 31/10/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Ian Richard Westley

director · Since 31/10/2013

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 7 other boards

Persons with Significant Control

Mr Ian Richard Westley

75–100% shares

British · England · Age 58

55, Kentish Town Road, London, NW1 8NX

Notified 31/10/2016

CompanyRankvs 86055+ SIC 82990 peers
44

Financial strength56th percentile among SIC peers · 14/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.9× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1British And Foreign Wharf Company Limited(The)
90
2Cumberland Electrochemical Limited
90
3Haircloth Weaving & Finishing Company Limited
90
4Frank P. Matthews Limited
90
5Morris, Corfield & Co Holdings Ltd
90
6J.Clarke Transport(Lichfield)Limited
90
7New England Stud Farm Limited
90
8G.R.Carr (Essex) Limited
90
9J.Browne Construction Company Limited
90
10Henbrandt Limited
90
86055Melody Road Music Ltd
49
How is this score calculated?
Financial strength14/25 pts

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

Employees6/15 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.

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

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

in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the compan

Key FinancialsYear ending 30/04/2025

Net Worth

£3k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£19k

Current Liabilities

£21k

Fixed Assets

£5k

Debtors

£18k

1avg. employees

Balance Sheet

Assets less current liabilities£3k
Signed by Mr I Westley,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.90
20230.81
20220.75
20210.76
20200.60
20190.85
20180.48

Derived from filed accounts. Not audited figures.