Out Loud Music Community Interest Company
09114225
Healthy
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 03/07/2014
PROPRIETOR OF A RECORDING STUD
ENGLISH · UNITED KINGDOM · Age 45
Also on 3 other boards
director · Since 16/11/2015
DIRECTOR & BUSINESS OWNER
ENGLISH · ENGLAND · Age 47
Also on 1 other board
Former
director · Resigned 20/07/2026
Persons with Significant Control
Mr Joe Bailey
English · England · Age 45
Out Loud Music, International House, Ipswich, IP1 3NU
Notified 06/04/2016
Mr Jamie Mark Goodrich
British · England · Age 41
Out Loud Music, International House, Ipswich, IP1 3NU
Notified 06/04/2016
Mr Alexander Marcus Neal
British · England · Age 47
Out Loud Music, International House, Ipswich, IP1 3NU
Notified 06/04/2016
CompanyRankvs 3027+ SIC 59200 peers68
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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 31/07/2023
Turnover
£39k
Annual revenue
Net Worth
£36k
Balance sheet strength
Cash
£35k
Cash in the bank
Profit Before Tax
£3k
Bottom line earnings
Net Current Assets
-£1k
Working capital
Current Assets
£91k
Current Liabilities
£92k
Fixed Assets
£44k
Debtors
£56k
Cost of Sales
£110k
Gross Profit
-£71k
Admin Expenses
£186k
Operating Profit
£3k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2023 | 0.99 |
Derived from filed accounts. Not audited figures.