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Dropout Music Limited

12616292

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

2ND FLOOR CONNAUGHT HOUSE, 1-3 MOUNT STREET, LONDON, W1K 3NB
Incorporated 21/05/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

90020
Support activities to performing arts

Officers

Mr Daniel Traynor

director · Since 21/05/2020

DIRECTOR

BRITISH · ENGLAND · Age 35

Also on 1 other board

Miss Shanice Steele

director · Since 14/01/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 34

Also on 1 other board

Persons with Significant Control

Mr Daniel Traynor

75–100% shares
75–100% votes

British · England · Age 35

2nd Floor, Connaught House, 1-3 Mount Street, London, W1K 3NB

Notified 21/05/2020

CompanyRankvs 1008+ SIC 90020 peers
76

Financial strength95th percentile among SIC peers · 24/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 6.37× · 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 strength24/25 pts

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

Employees11/15 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 31/05/2025

Net Worth

£212k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

£163k

Working capital

Current Assets

£194k

Current Liabilities

£30k

Fixed Assets

£48k

Debtors

£192k

2avg. employees
Prepared with Caseware UK (AP4) 2025.0.111

EstimatesDerived

YearCurrent RatioImplied Profit
20256.37+£11k
20246.62-£74k
202313.08+£22k
202227.28+£35k
20214.38

Derived from filed accounts. Not audited figures.