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Ega Distro Limited

14443902

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

THE UNIVERSAL BUILDING, LONDON, W14 8NS
Incorporated 26/10/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59200
Sound recording and music publishing activities

Officers

Mr Colin Batsa

director · Since 26/10/2022

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 4 other boards

Mr Ufuoma Omosevwerha

director · Since 26/10/2022

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 2 other boards

Miss Charley Snook

director · Since 26/10/2022

DIRECTOR

BRITISH · ENGLAND · Age 32

Also on 5 other boards

Mr Jt Meyers

director · Since 03/03/2023

CO-CEO, VIRGIN MUSIC GROUP

AMERICAN · UNITED STATES · Age 50

Mr Nathaniel Pastor

director · Since 03/03/2023

CO-CEO VIRGIN MUSIC GROUP

AMERICAN · UNITED STATES · Age 49

Persons with Significant Control

Vrl Recordings

25–50% shares
25–50% votes

4, Pancras Square, London, N1C 4AG

Reg: 02259349 · Companies House · Private Unlimited Company

Notified 03/03/2023

Former PSCs

Mr Colin Batsa

Ceased 03/03/2023

Mr Ufuoma Omosevwerha

Ceased 03/03/2023

CompanyRankvs 8364+ SIC 59200 peers
42

Financial strength0th percentile among SIC peers · 0/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 38.07× · 20/20
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 strength0/25 pts

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

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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 28/02/2025

Net Worth

-£3.3M

Balance sheet strength

Cash

£263k

Cash in the bank

Net Current Assets

£10.8M

Working capital

Current Assets

£11.1M

Current Liabilities

£290k

Debtors

£10.8M

0avg. employees-9

Tax at Year End(2024)

VAT£342k

Director Loans(2024)

Directors owe company£8k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
202538.07-£1.4M
20248.89£6.8M

Derived from filed accounts. Not audited figures.