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The Real Power Of Music Cic

09631243

active
Community Interest Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

47 MANOR ROAD, FOLKESTONE, CT20 2SE
Incorporated 09/06/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

90040
Operation of arts facilities

Officers

Hannah Amy Grover

director · Since 09/06/2015

SOLE TRADER VIRTUAL ASSISTANT

BRITISH · UNITED KINGDOM · Age 42

Mr Alex Mcneice

director · Since 09/06/2015

MUSICIAN

BRITISH · ENGLAND · Age 44

Mr Lewis Glenn Foreman

director · Since 27/10/2023

TEACHER

BRITISH · ENGLAND · Age 39

Persons with Significant Control

Mr Alex Mcneice

Significant control

British · England · Age 44

47, Manor Road, Folkestone, CT20 2SE

Notified 09/06/2017

CompanyRankvs 1531+ SIC 90040 peers
50

Financial strength41th percentile among SIC peers · 10/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.1× · 12/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength10/25 pts

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

Employees2/15 pts

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

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity11/15 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 30/06/2025

Turnover

£1k

Annual revenue

Net Worth

£95

Balance sheet strength

Cash

£882

Cash in the bank

Profit Before Tax

£56

Bottom line earnings

Net Current Assets

£95

Working capital

Current Assets

£1k

Current Liabilities

£945

Debtors

£158

Cost of Sales

£624

Gross Profit

£705

Admin Expenses

£649

Operating Profit

£56

0avg. employees

Balance Sheet

Assets less current liabilities£95
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20251.10
20241.04
20230.84

Derived from filed accounts. Not audited figures.