Creds Music Ltd
13644850
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 27/09/2021
DIRECTOR
BRITISH · IRELAND · Age 32
Also on 1 other board
director · Since 11/12/2024
DIRECTOR
BRITISH · ENGLAND · Age 62
Also on 1 other board
Persons with Significant Control
Michael Campbell Linn
British · United Kingdom · Age 32
Olcote Kings Crescent, Shoreham Beach, Shoreham-By-Sea, BN43 5LE
Notified 14/11/2022
Former PSCs
Michael Campbell Linn
Ceased 29/10/2021
Adam Marcus Podgorski
Ceased 14/03/2024
CompanyRankvs 119138+ SIC 62020 peers23
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
-£45k
Balance sheet strength
Cash
£4k
Cash in the bank
Net Current Assets
-£45k
Working capital
Current Assets
—
Current Liabilities
£48k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | — | -£19k |
| 2023 | 0.00 | -£44k |
| 2022 | 0.04 | — |
Derived from filed accounts. Not audited figures.