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Way Out Music Limited

14455752

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

1ST FLOOR, LONDON, W1D 1LP
Incorporated 01/11/2022

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 31/10/2025

Due 14/11/2026

On track

Industry

90020
Support activities to performing arts

Officers

Mr Thor Jacob Sutherland

director · Since 01/11/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 28

Also on 3 other boards

Persons with Significant Control

Mr Thor Jacob Sutherland

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

British · United Kingdom · Age 28

1st Floor, 104 Oxford Street, London, W1D 1LP

Notified 01/11/2022

CompanyRankvs 2672+ SIC 90020 peers
67

Financial strength89th percentile among SIC peers · 22/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 3.58× · 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 strength22/25 pts

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

Employees6/15 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 30/11/2025

Net Worth

£82k

Balance sheet strength

Cash

£84k

Cash in the bank

Net Current Assets

£80k

Working capital

Current Assets

£111k

Current Liabilities

£31k

Fixed Assets

£1k

Debtors

£27k

1avg. employees

Tax at Year End

Corp tax£27k
VAT£2k

Director Loans

Company owes directors£561

Balance Sheet

Assets less current liabilities£82k
Signed by Mr Thor Sutherland 18/08/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20253.58-£26k£31k
20242.27+£95k£688k
20231.31

Derived from filed accounts. Not audited figures.