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More Music Uk Ltd

10946567

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

C/O COSEC DIRECT LTD, 837 SALISBURY HOUSE, LONDON, EC2M 5QQ
Incorporated 05/09/2017

Compliance

Last accounts

31/12/2024

unaudited abridged

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 12/12/2025

Due 26/12/2026

On track

Industry

85520
Cultural education
85590
Other education

Officers

Cosec Direct Limited

secretary · Since 05/09/2017

OTHER

Also on 160 other boards

Mr Asbjorn Norgaard Blakstad

director · Since 03/08/2018

CEO MORE MUSIC GROUP

DANISH · DENMARK · Age 38

Mr Alexander Wibrew

director · Since 03/08/2018

CEO

BRITISH · ENGLAND · Age 44

Ms Signe Wisby Tobiassen

director · Since 18/09/2023

CEO

DANISH · DENMARK · Age 35

Persons with Significant Control

Former PSCs

Mr Soren Christiansen

Ceased 06/12/2017

CompanyRankvs 3549+ SIC 85520 peers
40

Financial strength1th percentile among SIC peers · 0/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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3549More Music Uk Ltd
39
How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

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

Longevity9/15 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 31/12/2024

Net Worth

-£1.4M

Balance sheet strength

Cash

£138k

Cash in the bank

Net Current Assets

-£1.4M

Working capital

Current Assets

£148k

Current Liabilities

£1.6M

Debtors

£10k

6avg. employees+2

Balance Sheet

Assets less current liabilities-£1.4M
Signed by 1.1.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20240.09-£313k
20230.13-£411k
20220.09-£505k
20210.06+£44k
20200.12-£107k
20190.04-£115k
20180.13—

Derived from filed accounts. Not audited figures.