The State51 Music Group Limited
09636602
Some Concerns
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/03/2025
group
Next accounts due
31/12/2026
Confirmation statement
Last: 12/06/2026
Due 26/06/2027
Industry
Officers
Former
director · Resigned 30/11/2017
Persons with Significant Control
Mr Paul Anthony Sanders
British · United Kingdom · Age 60
8-10, Rhoda Street, London, E2 7EF
Notified 06/04/2016
Charges1 outstanding
HSBC BANK PLC
Change History
Active
Private Limited Company
8-10 RHODA STREET
LONDON
CompanyRankvs 8578+ SIC 74990 peers32
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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.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/03/2025
Net Worth
£317
Balance sheet strength
Cash
£2.6M
Cash in the bank
Profit Before Tax
£505k
Bottom line earnings
Net Current Assets
-£243k
Working capital
Current Assets
—
Current Liabilities
£243k
Fixed Assets
£155k
Debtors
£3.4M
Cost of Sales
£15.9M
Admin Expenses
£3.1M
Profit After Tax
£507k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.00 |
| 2023 | 0.53 |
Derived from filed accounts. Not audited figures.