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3wavemusic Limited

12933975

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

305 ROUNDHAY ROAD, LEEDS, LS8 4HT
Incorporated 07/10/2020

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 06/10/2025

Due 20/10/2026

On track

Industry

59200
Sound recording and music publishing activities

Officers

Mr Brandon Ginika Ibeanu

director · Since 07/10/2020

DIRECTOR

ENGLISH · ENGLAND · Age 27

Persons with Significant Control

Mr Brandon Ginika Ibeanu

Significant control

English · England · Age 27

153 Broomgrove Gardens, Edgware, HA8 5RJ

Notified 07/10/2020

CompanyRankvs 2940+ SIC 59200 peers
66

Financial strength83th percentile among SIC peers · 21/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.21× · 12/20
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 strength21/25 pts

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

Employees12/15 pts

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

Liquidity12/20 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 31/10/2024

Net Worth

£29k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£17k

Working capital

Current Assets

£100k

Current Liabilities

£83k

Fixed Assets

£15k

2avg. employees

Balance Sheet

Assets less current liabilities£32k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20241.21+£12k
20230.99+£19k
20220.14

Derived from filed accounts. Not audited figures.