Future Music Now Limited
10425008
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/10/2025
micro entity
Next accounts due
31/07/2027
Confirmation statement
Last: 12/10/2025
Due 26/10/2026
Industry
Officers
director · Since 04/06/2020
DIRECTOR
BRITISH · ENGLAND · Age 66
Also on 1 other board
Persons with Significant Control
Mr Allan Patrick Cosgrove
British · England · Age 66
207 Cotton Exchange, Bixteth Street, Liverpool, L3 9LQ
Notified 02/02/2026
Former PSCs
Mr Alexander Mearns
Ceased 02/02/2026
CompanyRankvs 150279+ SIC 82990 peers30
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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 31/10/2025
Net Worth
-£74k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£71k
Working capital
Current Assets
£1k
Current Liabilities
£73k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.02 | -£891 |
| 2024 | 0.01 | -£2k |
| 2023 | 0.00 | -£698 |
| 2022 | 0.02 | — |
Derived from filed accounts. Not audited figures.