Topic Music Limited
10126426
Some Concerns
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 12/09/2019
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 48
Also on 13 other boards
Persons with Significant Control
Proper Records Limited
C/O Myrus Smith, Norman House, 8 Burnell Road, Sutton, KT21 1NA
Reg: 03029900 · Companies House · Private Limited Company
Notified 12/09/2019
Former PSCs
Mr David Suff
Ceased 12/09/2019
Mr Anton Engle
Ceased 12/09/2019
CompanyRankvs 149903+ SIC 70229 peers25
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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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
Based on these assessments and having regard to the resources available to the entity, the director has concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and financial statements. 1.3 Financial instruments The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and S
Key FinancialsYear ending 31/12/2024
Net Worth
£100
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
—
Current Liabilities
—
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2019 | 0.76 |
Derived from filed accounts. Not audited figures.