Free Music Ltd
08941857
Some Concerns
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Aleksander Bielski
Polish · England · Age 37
23 Wadsworth Business Centre, 21 Wadsworth Road, Greenford, UB6 7LQ
Notified 06/04/2016
CompanyRankvs 8634+ SIC 59200 peers40
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/03/2025
Net Worth
-£38k
Balance sheet strength
Cash
£381
Cash in the bank
Net Current Assets
-£38k
Working capital
Current Assets
—
Current Liabilities
£38k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | — | +£0 |
| 2025 | — | -£7k |
| 2024 | — | -£7k |
| 2023 | — | -£5k |
| 2022 | 0.01 | -£9k |
| 2021 | 0.08 | -£6k |
Derived from filed accounts. Not audited figures.