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The Magic Beatbox Ltd

14349638

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

STANHOPE HOUSE, HOLSWORTHY, EX22 6DT
Incorporated 11/09/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

90010
Performing arts

Officers

Miss Charlie Louise Harris

director · Since 11/09/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 25

Mrs Christine Annette Williams

director · Since 11/09/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 73

Mr Russell James Williams

director · Since 14/06/2023

MUSICIAN

BRITISH · UNITED KINGDOM · Age 37

Westcotts Secretarial Ltd

secretary · Since 31/08/2023

Also on 8 other boards

Persons with Significant Control

Miss Charlie Louise Harris

25–50% shares
25–50% votes

British · United Kingdom · Age 25

Stanhope House, 9-10 Fore Street, Holsworthy, EX22 6DT

Notified 11/09/2022

Mrs Christine Annette Williams

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 73

Stanhope House, 9-10 Fore Street, Holsworthy, EX22 6DT

Notified 11/09/2022

CompanyRankvs 6698+ SIC 90010 peers
52

Financial strength69th percentile among SIC peers · 17/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.5× · 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 strength17/25 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.

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 30/09/2024

Net Worth

£5k

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

-£16k

Working capital

Current Assets

£15k

Current Liabilities

£31k

Fixed Assets

£28k

Debtors

£1k

3avg. employees

Balance Sheet

Assets less current liabilities£12k
Signed by 14349638 2023-10-01 2024-09-30 14349638 2024-09-30 14349638 core:CurrentFinancialInstruments 2024-09-30 14349638 core:CuPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.50-£2k
20230.51

Derived from filed accounts. Not audited figures.