Musicians League Ltd
09632048
Healthy
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
30/06/2025
total exemption full
Next accounts due
31/03/2027
Confirmation statement
Last: 28/05/2025
Due 11/06/2026
Industry
Officers
Persons with Significant Control
Mr Michael Edward Mcclintock
Australian · United States · Age 49
Adamson House, Towers Business Park, Manchester, M20 2YY
Notified 10/06/2016
Mr Damien Brian Eldridge
Australian · England · Age 54
Adamson House, Towers Business Park, Manchester, M20 2YY
Notified 11/06/2016
CompanyRankvs 8621+ SIC 59200 peers40
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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 30/06/2025
Net Worth
-£326k
Balance sheet strength
Cash
£74k
Cash in the bank
Profit Before Tax
£34k
Bottom line earnings
Net Current Assets
-£312k
Working capital
Current Assets
£150k
Current Liabilities
£462k
Debtors
£76k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.32 | +£27k |
| 2024 | 0.29 | +£13k |
| 2023 | 0.23 | +£10k |
| 2022 | 0.24 | +£5k |
| 2021 | 0.23 | -£32k |
| 2020 | 0.14 | -£33k |
| 2019 | 0.08 | — |
Derived from filed accounts. Not audited figures.