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The Independent Music Support Cic

13715970

active
Community Interest 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)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)

Details

12 CONQUEROR COURT, SITTINGBOURNE, ME10 5BH
Incorporated 01/11/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

90020
Support activities to performing arts

Officers

Mr Adrian Norman

director · Since 01/11/2021

HEAD OF OPERATIONS

BRITISH · ENGLAND · Age 50

Also on 5 other boards

Persons with Significant Control

Mr Adrian Norman

75–100% votes

British · England · Age 50

12 Conqueror Court, Sittingbourne, ME10 5BH

Notified 01/11/2021

CompanyRankvs 12349+ SIC 90020 peers
33

Financial strength19th percentile among SIC peers · 5/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.93× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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12349The Independent Music Support Cic
28
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.

Employees2/15 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 30/11/2024

Turnover

£3k

Annual revenue

Net Worth

-£352

Balance sheet strength

Cash

£4k

Cash in the bank

Profit Before Tax

-£613

Bottom line earnings

Net Current Assets

-£352

Working capital

Current Assets

£4k

Current Liabilities

£5k

Fixed Assets

£0

Debtors

£645

Cost of Sales

£1k

Gross Profit

£2k

Admin Expenses

£2k

Operating Profit

-£613

0avg. employees

Balance Sheet

Intangible assets£0
Assets less current liabilities-£352
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20240.93
20231.10
20221.32

Derived from filed accounts. Not audited figures.