Xyz Music Academy Ltd
09021852
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Duncan Lee
British · England · Age 37
Unit A St Andrews Court, Wellington Street, Thame, OX9 3WT
Notified 06/04/2016
Former PSCs
Michael Peter Lee
Ceased 12/03/2025
Mr Peter Robert Lee
Ceased 20/03/2020
CompanyRankvs 59099+ SIC 96090 peers49
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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 31/08/2025
Net Worth
-£70k
Balance sheet strength
Cash
£1k
Cash in the bank
Net Current Assets
-£62k
Working capital
Current Assets
£165k
Current Liabilities
£228k
Fixed Assets
£29k
Debtors
£164k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.73 | -£49k |
| 2024 | 0.96 | +£863 |
| 2023 | 0.92 | — |
Derived from filed accounts. Not audited figures.