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Audio Media Group Limited

12327548

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

269 MARKET STREET, HYDE, SK14 1HE
Incorporated 21/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59200
Sound recording and music publishing activities

Officers

Mr Nigel Elton

director · Since 21/11/2019

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 12 other boards

Persons with Significant Control

Mr Nigel Elton

Significant control

British · England · Age 52

Unit F13 / Scope House,, Western Rd, Crewe, CW1 6DD

Notified 21/11/2019

Former PSCs

Mr Carl Andrew Jones

Ceased 02/11/2021

CompanyRankvs 9432+ SIC 59200 peers
29

Financial strength5th percentile among SIC peers · 1/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.12× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength1/25 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.

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.

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

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern

Key FinancialsYear ending 30/03/2024

Net Worth

-£39k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£30k

Working capital

Current Assets

£4k

Current Liabilities

£34k

Fixed Assets

£6k

Debtors

£120

3avg. employees-6

Balance Sheet

Assets less current liabilities-£24k
Signed by Mr N Elton 1 April 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.12+£15k
20230.10-£11k
20223.03+£38k
20210.60

Derived from filed accounts. Not audited figures.