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My Music Grades Limited

10364220

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

43A HIGH STREET, ILFORD, IG6 2AD
Incorporated 07/09/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85200
Primary education
85320
Technical and vocational secondary education
85520
Cultural education
85590
Other education

Officers

Peter Pouros

director · Since 07/09/2016

GUITAR TUTOR

BRITISH · ENGLAND · Age 53

Persons with Significant Control

Mr Peter Pouros

75–100% shares
75–100% votes

British · United Kingdom · Age 53

43a, High Street, Ilford, IG6 2AD

Notified 07/09/2016

CompanyRankvs 3125+ SIC 85200 peers
30

Financial strength13th percentile among SIC peers · 3/25
Employees16th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 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.

Liquidity0/20 pts

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

Longevity10/15 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 30/09/2024

Net Worth

-£3k

Balance sheet strength

Cash

£37

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

Current Liabilities

£3k

Fixed Assets

£12k

0avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
2024-£288
2023-£1k
20210.00

Derived from filed accounts. Not audited figures.