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Rhodes Music Group Ltd

12015661

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

30-34 North Street, Hailsham, BN27 1DW
Incorporated 24/05/2019

Compliance

Last accounts

30/09/2025

total exemption full

Next accounts due

30/06/2027

On track

Confirmation statement

Last: 17/08/2025

Due 31/08/2026

On track

Industry

32200
Manufacture of musical instruments

Officers

Mr Timothy Alexander Dawson

director · Since 24/05/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 16 other boards

Mr Matthew Robert Pelling

director · Since 27/08/2019

DIRECTOR

BRITISH · ENGLAND · Age 52

Mr Daniel Howard Robert Goldman

director · Since 24/03/2021

DIRECTOR

BRITISH · ENGLAND · Age 48

Timothy Alexander Dawson

director · Since 24/05/2019

British · United Kingdom · Age 53

Matthew Robert Pelling

director · Since 27/08/2019

British · England · Age 52

Daniel Howard Robert Goldman

director · Since 24/03/2021

British · England · Age 48

Persons with Significant Control

Mr Matthew Robert Pelling

50–75% shares
50–75% votes

British · England · Age 52

30-34 North Street, Hailsham, BN27 1DW

Notified 27/08/2019

Mr Timothy Alexander Dawson

25–50% shares
25–50% votes

British · United Kingdom · Age 53

30-34 North Street, Hailsham, BN27 1DW

Notified 19/08/2024

Former PSCs

Mr Timothy Alexander Dawson

Ceased 27/08/2019

Change History

officer appointedDAWSON, Timothy Alexander
2026-07-22
officer appointedGOLDMAN, Daniel Howard Robert
2026-07-22
officer appointedPELLING, Matthew Robert
2026-07-22
statusactive
2026-07-22

Active

typeltd
2026-07-22

Private Limited Company

address line130-34 North Street
2026-07-22

30-34 NORTH STREET

post townHailsham
2026-07-22

HAILSHAM

CompanyRankvs 241+ SIC 32200 peers
39

Financial strength0th percentile among SIC peers · 0/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.42× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

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

Employees15/15 pts

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

Liquidity2/20 pts

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

Longevity7/15 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 30/09/2025

Net Worth

-£485k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£1.5M

Working capital

Current Assets

£1.1M

Current Liabilities

£2.6M

Fixed Assets

£1.0M

Debtors

£225k

17avg. employees-1

Tax at Year End(2024)

Corp tax-£59k

Balance Sheet

Intangible assets£970k
Assets less current liabilities-£475k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.42-£238k
20240.49+£626k
20230.50

Derived from filed accounts. Not audited figures.