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Music Vine Limited

09234137

active
Private Limited Company
england wales
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

TAILORS CORNER, LEEDS, LS1 4DP
Incorporated 24/09/2014

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 02/09/2025

Due 16/09/2026

On track

Industry

59200
Sound recording and music publishing activities

Officers

Mr Lewis Rowan Foster

director · Since 24/09/2014

CEO

BRITISH · ENGLAND · Age 38

Mr Matthew James Russell

director · Since 24/09/2014

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 37

Mr Glenn Patterson

director · Since 10/12/2021

DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 1 other board

Persons with Significant Control

Mr Matthew James Russell

25–50% shares
25–50% votes

British · England · Age 37

Tailors Corner, 1 Thirsk Row, Leeds, LS1 4DP

Notified 06/04/2016

Mr Lewis Rowan Foster

25–50% shares
25–50% votes

British · United Kingdom · Age 38

Tailors Corner, 1 Thirsk Row, Leeds, LS1 4DP

Notified 06/04/2016

Envato Ventures Pty Ltd

25–50% shares
25–50% votes

Level 1, 121, King Street, Melbourne

Reg: Acn 613 138 426 · Australian Securities And Investments Commission · Proprietary Limited Company

Notified 10/12/2021

CompanyRankvs 840+ SIC 59200 peers
83

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.97× · 16/20
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 strength25/25 pts

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

Employees15/15 pts

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

Liquidity16/20 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 30/09/2024

Net Worth

£1.1M

Balance sheet strength

Cash

£1.6M

Cash in the bank

Net Current Assets

£847k

Working capital

Current Assets

£1.7M

Current Liabilities

£877k

Fixed Assets

£259k

Debtors

£81k

22avg. employees

Balance Sheet

Bank loans & overdrafts£10k
Assets less current liabilities£1.1M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.97-£976k
20233.81-£864k
20225.74+£3.0M
20210.89-£54k
20201.04-£69k
20191.21+£7k
20181.08

Derived from filed accounts. Not audited figures.