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20-20 Music Worldwide Ltd

13875547

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)
  • Current liabilities exceed current assets (-10)

Details

UNIT 6, LONDON, N7 9AH
Incorporated 27/01/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59200
Sound recording and music publishing activities

Officers

Mr Adam Basil Helal

director · Since 27/01/2022

AUDIO PRODUCER

BRITISH · UNITED KINGDOM · Age 61

Also on 2 other boards

Persons with Significant Control

Mr Adam Basil Helal

75–100% shares
75–100% votes

British · United Kingdom · Age 61

Unit 6, Tileyard Road, London, N7 9AH

Notified 27/01/2022

CompanyRankvs 14927+ SIC 59200 peers
23

Financial strength7th percentile among SIC peers · 2/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio -24.33× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees0/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/01/2026

Net Worth

-£27k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£29k

Working capital

Current Assets

-£28k

Current Liabilities

£1k

Fixed Assets

£3k

Balance Sheet

Assets less current liabilities-£26k
Signed by Mr Adam Helal 24/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
2026-24.33-£7k
2025-21.03-£14k
2024-26.05-£5k
20230.51

Derived from filed accounts. Not audited figures.