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Music Entertainment Ltd

11228437

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

OFFICE 6 HENRITH BUSINESS CENTRE, SPALDING, PE11 3YR
Incorporated 27/02/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59200
Sound recording and music publishing activities
90030
Artistic creation

Officers

Mr Wesley Earl Banton

director · Since 27/02/2018

MANAGER

BRITISH · UNITED KINGDOM · Age 37

Also on 9 other boards

Mr Ricky Earl Banton

director · Since 01/01/2024

DIRECTOR

BRITISH · ENGLAND · Age 31

Also on 6 other boards

Mr Adam Nathaniel Williams

director · Since 01/01/2024

DIRECTOR

BRITISH · ENGLAND · Age 31

Also on 3 other boards

Persons with Significant Control

Mr Ricky Earl Banton

25–50% shares
25–50% votes
Appoint directors

British · England · Age 31

Strafford Cottage, Boughton Park, Northampton, NN2 8SQ

Notified 27/02/2018

Mr Adam Williams

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 31

Strafford Cottage, Boughton Park, Northampton, NN2 8SQ

Notified 27/02/2018

Former PSCs

Mr Wesley Earl Banton

Ceased 21/11/2019

CompanyRankvs 1377+ SIC 59200 peers
64

Financial strength98th percentile among SIC peers · 25/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.32× · 12/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 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.

Liquidity12/20 pts

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

Longevity8/15 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.

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

is no material uncertainties that lead to significant doubt upon the Company's ability to continue as a going concern. These financial statements have therefore been prepared on a going concern basis. true 3. EMPLOYEES AND DIRECTORS The average number of employees during the year was 3 (2024 - NIL) The notes form part of these fina

Key FinancialsYear ending 28/02/2025

Net Worth

£750k

Balance sheet strength

Cash

£520k

Cash in the bank

Net Current Assets

£721k

Working capital

Current Assets

£3.0M

Current Liabilities

£2.3M

Fixed Assets

£39k

Debtors

£2.5M

3avg. employees+3

Balance Sheet

Bank loans & overdrafts£10k
Assets less current liabilities£760k
Prepared with FINTAGS

EstimatesDerived

YearCurrent RatioImplied Profit
20251.32-£49k
20241.41+£40k
20231.31+£4k
20221.34-£1.6M
20214.01

Derived from filed accounts. Not audited figures.