Aberystwyth Musicfest Ltd
10520961
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 12/12/2016
LECTURER IN CLASSICAL STUDIES
BRITISH · UNITED KINGDOM · Age 76
director · Since 01/11/2017
SOLICITOR
BRITISH · WALES · Age 69
Also on 4 other boards
director · Since 30/04/2024
PR/MEDIA CONSULTANT
BRITISH · WALES · Age 63
Also on 1 other board
director · Since 20/02/2025
WRITER & FORESTER
BRITISH · UNITED KINGDOM · Age 79
Also on 2 other boards
Persons with Significant Control
Mr David Martin James Davies
British · Wales · Age 69
Unit 8 Creative Units, Aberystwyth Arts Centre, Aberystwyth, SY23 3DE
Notified 12/12/2016
Ms Carol Elizabeth Nixon
British · Wales · Age 80
Unit 8 Creative Units, Aberystwyth Arts Centre, Aberystwyth, SY23 3DE
Notified 12/12/2016
Mrs Joan Ceridwen Rowlands
British · United Kingdom · Age 76
Unit 8, The Arts Centre, Penglais, Aberystwyth, SY23 3DE
Notified 03/11/2020
Former PSCs
Mr David Russell Hulme
Ceased 03/11/2020
Mr Ian David Pettit
Ceased 18/09/2023
Mr Richard Blackford
Ceased 24/03/2022
Mr Terence Mark Watson
Ceased 10/12/2024
Ms Catherine Morris
Ceased 03/11/2020
Mr Michael Francis Bott
Ceased 16/06/2023
CompanyRankvs 6058+ SIC 90010 peers48
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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
and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity. Going concern There are no material uncertainties about the charity's ability to continue. Judgements and key sources of estimation uncertainty The preparation of the financial statements requires manageme
Key FinancialsYear ending 30/11/2023
Net Worth
£2k
Balance sheet strength
Cash
£4k
Cash in the bank
Net Current Assets
£2k
Working capital
Current Assets
£4k
Current Liabilities
£2k
Debtors
£23k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 1.93 | -£187 |
| 2022 | 1.06 | +£17k |
| 2019 | 0.99 | — |
| 2018 | 1.00 | — |
Derived from filed accounts. Not audited figures.