7wallace Music Limited
08960712
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 26/03/2014
DIRECTOR
BRITISH · UNITED KINGDOM · Age 53
Also on 21 other boards
Persons with Significant Control
Ie7 Holdings Limited
10, Queen Street Place, London, EC4R 1AG
Reg: 11924896 · Companies House · Limited By Shares
Notified 09/07/2019
Former PSCs
Green Door Pictures Limited
Ceased 09/07/2019
Mr Idris Akuna Elba
Ceased 06/04/2016
Charges1 outstanding
SANTANDER UK PLC
CompanyRankvs 184770+ SIC 90030 peers33
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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.
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 31/12/2021
Net Worth
-£2.8M
Balance sheet strength
Cash
£399k
Cash in the bank
Net Current Assets
-£4.8M
Working capital
Current Assets
£457k
Current Liabilities
£5.3M
Fixed Assets
£2.0M
Debtors
£58k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2021 | 0.09 | -£2.2M |
| 2019 | 0.05 | — |
Derived from filed accounts. Not audited figures.