Pabjam Music Ltd
10954092
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/08/2024
total exemption full
Next accounts due
31/05/2026
Confirmation statement
Last: 07/09/2025
Due 21/09/2026
Industry
Officers
director · Since 08/09/2017
DIRECTOR
BRITISH · UNITED KINGDOM · Age 53
Also on 2 other boards
Persons with Significant Control
Mr Pablo Clements Spencer
British · England · Age 53
19, Berriedale Avenue, Hove, BN3 4JF
Notified 08/09/2017
Mr James Hosmer Griffith
American · England · Age 51
7c, Selborne Road, Hove, BN3 3AJ
Notified 08/09/2017
CompanyRankvs 11210+ SIC 59200 peers38
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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 31/08/2024
Net Worth
-£54k
Balance sheet strength
Cash
£12k
Cash in the bank
Net Current Assets
-£14k
Working capital
Current Assets
£15k
Current Liabilities
£29k
Debtors
£3k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.53 | -£2k |
| 2023 | 2.28 | -£23k |
| 2022 | — | -£8k |
| 2021 | 0.95 | -£9k |
| 2020 | 1.03 | -£4k |
| 2019 | 6.80 | +£8k |
| 2018 | 53.48 | — |
Derived from filed accounts. Not audited figures.