Lancaster Music Festival Cic
11720678
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 10/12/2018
DIRECTOR
BRITISH · UNITED KINGDOM · Age 62
Also on 4 other boards
director · Since 10/12/2018
DIRECTOR
BRITISH · UNITED KINGDOM · Age 53
Also on 1 other board
director · Since 04/01/2022
DIRECTOR
BRITISH · ENGLAND · Age 58
Also on 1 other board
CompanyRankvs 5808+ SIC 90020 peers52
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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 31/12/2024
Turnover
£64k
Annual revenue
Net Worth
£3k
Balance sheet strength
Cash
£25k
Cash in the bank
Profit Before Tax
£195
Bottom line earnings
Net Current Assets
£7k
Working capital
Current Assets
£25k
Current Liabilities
£18k
Debtors
£165
Cost of Sales
£58k
Gross Profit
£5k
Admin Expenses
£5k
Operating Profit
£195
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.40 | +£367 |
| 2023 | 0.78 | -£295 |
| 2022 | 15.18 | +£446 |
| 2021 | 6.11 | +£349 |
| 2020 | 58.06 | — |
Derived from filed accounts. Not audited figures.