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North Star Music Limited

09192897

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

THE OLD WORKSHOP, SHEFFIELD, S11 9PA
Incorporated 29/08/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

90010
Performing arts

Officers

Mr Robert Duncan Mcvey

director · Since 29/08/2014

MUSICIAN

BRITISH · UNITED KINGDOM · Age 47

Also on 3 other boards

Persons with Significant Control

Mr Robert Duncan Mcvey

25–50% shares

British · United Kingdom · Age 47

The Old Workshop, 1 Ecclesall Road South, Sheffield, S11 9PA

Notified 30/06/2016

Ms Ilaria Padovani

25–50% shares

Italian · United Kingdom · Age 38

The Old Workshop, 1 Ecclesall Road South, Sheffield, S11 9PA

Notified 30/08/2020

CompanyRankvs 5261+ SIC 90010 peers
57

Financial strength83th percentile among SIC peers · 21/25
Employees48th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.05× · 2/20
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 strength21/25 pts

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

Employees7/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 31/08/2024

Net Worth

£27k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£25k

Working capital

Current Assets

£1k

Current Liabilities

£27k

Fixed Assets

£53k

1avg. employees

Balance Sheet

Assets less current liabilities£28k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.05-£13k
20232.84-£3k
20221.96+£18k
20211.12+£3k
20201.15+£21k
20190.11-£3k
20180.23

Derived from filed accounts. Not audited figures.