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Not Forgotten Music Ltd

12860888

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

UNIT 8 SILVER BUSINESS PARK, CHRISTCHURCH, BH23 3TA
Incorporated 07/09/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47630
Retail sale of music and video recordings in specialised stores

Officers

Mr Stuart Andrew Bell

director · Since 19/07/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 1 other board

Persons with Significant Control

Mr Stuart Andrew Bell

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

British · England · Age 48

Unit 8 Silver Business Park, Airfield Way, Christchurch, BH23 3TA

Notified 26/07/2023

Former PSCs

Mr Mathew Richard Harwood

Ceased 26/07/2023

Mr Nicholas Foot

Ceased 26/07/2023

Mr Matthew Small

Ceased 26/07/2023

CompanyRankvs 545+ SIC 47630 peers
36

Financial strength18th percentile among SIC peers · 5/25
Employees50th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.34× · 2/20
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 strength5/25 pts

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

Employees8/15 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.

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 30/09/2024

Net Worth

-£5k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£2k

Current Liabilities

£6k

1avg. employees-2

Balance Sheet

Assets less current liabilities-£4k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.34-£8k
20234.29+£498
20221.46+£1k
20211.42

Derived from filed accounts. Not audited figures.