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Ml School Of Music Ltd

11705810

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

58 GRANVILLE DRIVE, NEWCASTLE UPON TYNE, NE12 9LD
Incorporated 30/11/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

90020
Support activities to performing arts

Officers

Mrs Megan Mccance

director · Since 30/11/2018

MUSIC TEACHER

NORTHERN IRISH · UNITED KINGDOM · Age 37

Persons with Significant Control

Mrs Megan Mccance

75–100% shares
75–100% votes
Appoint directors

Northern Irish · England · Age 37

58, Granville Drive, Newcastle Upon Tyne, NE12 9LD

Notified 30/11/2018

CompanyRankvs 3292+ SIC 90020 peers
64

Financial strength54th percentile among SIC peers · 14/25
Employees44th percentile among SIC peers · 7/15
LiquidityCurrent ratio 3.58× · 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 strength14/25 pts

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

Employees7/15 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 31/07/2023

Net Worth

£1k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£17k

Working capital

Current Assets

£23k

Current Liabilities

£7k

1avg. employees

Balance Sheet

Assets less current liabilities£17k
Prepared with BTCSoftware AP Solution 2024 11.1.03

EstimatesDerived

YearCurrent RatioImplied Profit
20233.58
20229.63
20217.80+£811
20203.18
20191.29

Derived from filed accounts. Not audited figures.