London Gospel Music Company C.I.C.
09569814
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 30/04/2015
DIRECTOR
BRITISH · UNITED KINGDOM · Age 38
Also on 2 other boards
Persons with Significant Control
Mr Isaac Kimbowa
British · United Kingdom · Age 38
125, Sewell Road, London, SE2 9DH
Notified 01/06/2016
CompanyRankvs 7760+ SIC 90010 peers46
Show leaderboard
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 31/05/2025
Turnover
£80k
Annual revenue
Net Worth
-£8k
Balance sheet strength
Cash
£1k
Cash in the bank
Profit Before Tax
-£5k
Bottom line earnings
Net Current Assets
-£13k
Working capital
Current Assets
£13k
Current Liabilities
£27k
Fixed Assets
£6k
Debtors
£12k
Cost of Sales
£15k
Gross Profit
£65k
Admin Expenses
£82k
Operating Profit
-£5k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.50 | -£5k |
| 2024 | 0.55 | -£5k |
| 2023 | 0.68 | -£2k |
| 2022 | 0.63 | -£5k |
| 2021 | 3.17 | — |
Derived from filed accounts. Not audited figures.