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Oj Music Ltd

13391655

active
Private Limited Company
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)
  • Going concern doubt noted in accounts (-10)

Details

1ST FLOOR, LONDON, W1D 1LP
Incorporated 12/05/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59200
Sound recording and music publishing activities
60100
Radio broadcasting
90020
Support activities to performing arts

Officers

Mr Owen Jones

secretary · Since 12/05/2021

Also on 1 other board

Mr Owen Jones

director · Since 12/05/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 33

Also on 1 other board

Persons with Significant Control

Mr Owen Jones

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

British · United Kingdom · Age 33

128, City Road, London, EC1V 2NX

Notified 12/05/2021

CompanyRankvs 8720+ SIC 59200 peers
34

Financial strength43th percentile among SIC peers · 11/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.89× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
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9Anglo Management Music Ltd
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8720Oj Music Ltd
40
How is this score calculated?
Financial strength11/25 pts

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

Employees7/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity5/15 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 not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/05/2024

Net Worth

£47

Balance sheet strength

Cash

£75

Cash in the bank

Net Current Assets

-£1k

Working capital

Current Assets

£9k

Current Liabilities

£10k

Fixed Assets

£1k

Debtors

£9k

1avg. employees

Tax at Year End

Corp tax£10k

Director Loans

Directors owe company£7k

Balance Sheet

Assets less current liabilities£47
Signed by Mr Owen Jones 27/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.89
20230.89
20220.60

Derived from filed accounts. Not audited figures.