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N4 Music Limited

13844096

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

2ND FLOOR CONNAUGHT HOUSE, 1-3 MOUNT STREET, LONDON, W1K 3NB
Incorporated 12/01/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59200
Sound recording and music publishing activities

Officers

Mr Henry Ryde Rowland Village

director · Since 12/01/2022

DIRECTOR

BRITISH · ENGLAND · Age 41

Mr Joseph Worku

director · Since 12/01/2022

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 1 other board

Persons with Significant Control

Mr Henry Ryde Rowland Village

25–50% shares
25–50% votes

British · England · Age 41

2nd Floor, Connaught House, 1-3 Mount Street, London, W1K 3NB

Notified 12/01/2022

Mr Joseph Worku

25–50% shares
25–50% votes

British · England · Age 51

2nd Floor, Connaught House, 1-3 Mount Street, London, W1K 3NB

Notified 12/01/2022

CompanyRankvs 11017+ SIC 59200 peers
24

Financial strength2th percentile among SIC peers · 1/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.24× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength1/25 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.

Liquidity2/20 pts

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

Longevity4/15 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

convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 105 the UK and the Republic of Ireland and the Companies Act 2006 . 1.2 Going concern These financial statements have been prepared on a going concern basis. The company's ability to continue as a going concern depends on the financial support of the directors as well as

Key FinancialsYear ending 31/01/2025

Net Worth

-£161k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£161k

Working capital

Current Assets

£51k

Current Liabilities

£213k

2avg. employees

Balance Sheet

Assets less current liabilities-£161k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent Ratio
20250.24

Derived from filed accounts. Not audited figures.