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Music Tech London Ltd

11693372

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

THE LONG LODGE, LONDON, SW19 3NW
Incorporated 23/11/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Megan Davis

secretary · Since 23/11/2018

Mr Thomas Riley Grayson

director · Since 23/11/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 2 other boards

Megan Jane Davis

director · Since 01/04/2021

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 1 other board

Persons with Significant Control

Mr Thomas Riley Grayson

25–50% shares

British · United Kingdom · Age 56

24, Granville Square, London, WC1X 9PD

Notified 23/11/2018

Megan Jane Davis

25–50% shares

British · United Kingdom · Age 60

24, Granville Square, London, WC1X 9PD

Notified 23/11/2018

CompanyRankvs 30130+ SIC 70229 peers
71

Financial strength88th percentile among SIC peers · 22/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 4.35× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 pts

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

Employees6/15 pts

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

Liquidity20/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/11/2024

Net Worth

£94k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£93k

Working capital

Current Assets

£121k

Current Liabilities

£28k

Fixed Assets

£1k

1avg. employees
Signed by 11693372 2023-12-01 2024-11-30 11693372 2024-11-30 11693372 core:CurrentFinancialInstruments core:WithinOneYear 2024-11-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20244.35-£4k
20234.81

Derived from filed accounts. Not audited figures.