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Unit 2 Music Ltd

12397420

active
Private Limited Company
england wales
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

124 CITY ROAD, LONDON, EC1V 2NX
Incorporated 10/01/2020

Compliance

Last accounts

31/03/2024

audit exemption subsidiary

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 09/01/2026

Due 23/01/2027

On track

Industry

82990
Other business support service activities

Officers

Mr Simon Cowell

director · Since 03/10/2022

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 8 other boards

Persons with Significant Control

Syco Entertainment Limited

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

124, City Road, London, EC1V 2NX

Reg: 07197993 · Company House Register · Private Limited Company

Notified 03/10/2022

Former PSCs

Mr Jon Maguire

Ceased 03/10/2022

Mrs Kirsty Marie Maguire

Ceased 03/10/2022

CompanyRankvs 84468+ SIC 82990 peers
50

Financial strength27th percentile among SIC peers · 7/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 7.85× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength7/25 pts

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

Employees2/15 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.

Longevity6/15 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 31/03/2023

Net Worth

£2

Balance sheet strength

Cash

£62k

Cash in the bank

Net Current Assets

£404k

Working capital

Current Assets

£463k

Current Liabilities

£59k

Debtors

£401k

0avg. employees-2

Tax at Year End

Corp tax£22k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20237.85
20228.53
20215.08

Derived from filed accounts. Not audited figures.