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Oaa Music Limited

08905793

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

7 GEORGE STREET WEST, LUTON, LU1 2BJ
Incorporated 21/02/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59200
Sound recording and music publishing activities

Officers

Mr Olusegun Adeyemi Akinola

secretary · Since 21/02/2014

Also on 1 other board

Mr Olusegun Adeyemi Akinola

director · Since 21/02/2014

DIRECTOR

BRITISH · ENGLAND · Age 34

Also on 1 other board

Mrs Jade Adelle Akinola

director · Since 10/07/2026

BRITISH · ENGLAND · Age 34

Persons with Significant Control

Mr Olusegun Adeyemi Akinola

75–100% shares

British · England · Age 34

7, George Street West, Luton, LU1 2BJ

Notified 01/01/2017

Mrs Jade Adelle Akinola

25–50% shares

British · England · Age 34

7, George Street West, Luton, LU1 2BJ

Notified 20/03/2023

CompanyRankvs 199+ SIC 59200 peers
86

Financial strength96th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.09× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 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.

Longevity12/15 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 28/02/2025

Net Worth

£308k

Balance sheet strength

Cash

£307k

Cash in the bank

Net Current Assets

£232k

Working capital

Current Assets

£307k

Current Liabilities

£75k

Fixed Assets

£140k

Debtors

£647

4avg. employees+1

Balance Sheet

Bank loans & overdrafts£64k
Assets less current liabilities£372k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20254.09-£28k
20246.35-£63k
20236.39

Derived from filed accounts. Not audited figures.