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Minds On Fire Songs Limited

13652953

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

105 BLUNDELL STREET, LONDON, N7 9BN
Incorporated 30/09/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59200
Sound recording and music publishing activities

Officers

Mr Simon Douglas Harris

director · Since 30/09/2021

MUSIC PUBLISHER

BRITISH · UNITED KINGDOM · Age 59

Also on 2 other boards

Mr Christian David Michael Nockall

director · Since 30/09/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 7 other boards

Mr James Stuart Pitt

director · Since 30/09/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 3 other boards

Persons with Significant Control

Mr James Stuart Pitt

25–50% shares
25–50% votes

British · England · Age 54

105, Blundell Street, London, N7 9BN

Notified 30/09/2021

Mr Simon Douglas Harris

25–50% shares
25–50% votes

British · United Kingdom · Age 59

105, Blundell Street, London, N7 9BN

Notified 30/09/2021

CompanyRankvs 9497+ SIC 59200 peers
43

Financial strength10th percentile among SIC peers · 3/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.65× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees14/15 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.

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

-£11k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£11k

Working capital

Current Assets

£21k

Current Liabilities

£32k

Debtors

£17k

3avg. employees

Balance Sheet

Assets less current liabilities-£11k
Prepared with BTCSoftware AP Solution 2025 12.1.03

EstimatesDerived

YearCurrent RatioImplied Profit
20240.65-£7k
20230.84-£2k
20220.90

Derived from filed accounts. Not audited figures.