Back to search

Kmc Music Ltd

14169415

active
Private Limited Company
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

C/O CC YOUNG & CO, 3RD FLOOR, THE BLOOMSBURY BUILDING, HOLBORN, WC1A 2SL
Incorporated 13/06/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59200
Sound recording and music publishing activities

Officers

Ms Alexi Cory-Smith

director · Since 08/07/2023

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 10 other boards

Mr Neelesh Prabhu

director · Since 08/07/2023

ACCOUNTANT

BRITISH · ENGLAND · Age 45

Also on 10 other boards

Persons with Significant Control

Bfm Holdco Limited

75–100% shares
75–100% votes
Appoint directors

C/O Cc Young & Co, 3rd Floor, 5 Chancery Lane, London, WC2A 1LG

Reg: 13798507 · Companies House · Limited Company

Notified 10/08/2022

Charges3 outstanding

Charge
outstanding

WILMINGTON TRUST (LONDON) LIMITED

Created 27/12/2024Registered 30/12/2024
Charge
outstanding

CITY NATIONAL BANK AS ADMINISTRATIVE AGENT

Created 13/07/2023Registered 18/07/2023
Charge
outstanding

WILMINGTON TRUST (LONDON) LIMITED AS ENGLISH SECURITY AGENT

Created 13/07/2023Registered 18/07/2023

CompanyRankvs 78970+ SIC 59200 peers
23

Financial strength25th percentile among SIC peers · 6/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.77× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
1Woolfsongs Limited
90
2Robobuild Limited
90
3The Jungle Group Limited
90
4Ignition Music Limited
90
5International Live Music Conference Limited
90
6Factory Studios Limited
90
7Voice Squad Ltd
90
8Sons Of Einion Limited
90
9Anglo Management Music Ltd
90
10Reliable Source Music Limited
90
7897Kmc Music Ltd
39
How is this score calculated?
Financial strength6/25 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.

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.

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

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£1

Balance sheet strength

Cash

£162k

Cash in the bank

Profit Before Tax

-£27k

Bottom line earnings

Net Current Assets

-£104k

Working capital

Current Assets

£347k

Current Liabilities

£451k

Debtors

£185k

Cost of Sales

£618k

Admin Expenses

£497k

Profit After Tax

-£27k

2avg. employees

Tax at Year End

Corp tax£0
Dividends paid£266k

Balance Sheet

Intangible assets£1.2M
Assets less current liabilities£1.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20240.77
20230.65

Derived from filed accounts. Not audited figures.