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The Music Workshop Limited

15115857

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 1B, FOLKESTONE, CT20 2AD
Incorporated 05/09/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47591
Retail sale of musical instruments and scores
56302
Public houses and bars
90040
Operation of arts facilities

Officers

Mr Daniel Lee Clark

director · Since 05/09/2023

ENGINEER

BRITISH · ENGLAND · Age 40

Also on 2 other boards

Persons with Significant Control

Mr Daniel Lee Clark

25–50% shares
25–50% votes
Appoint directors

British · England · Age 40

Unit 1b, Town Walk, Folkestone, CT20 2AD

Notified 05/09/2023

Former PSCs

Miss Josie Matcham

Ceased 17/02/2026

CompanyRankvs 640+ SIC 47591 peers
30

Financial strength19th percentile among SIC peers · 5/25
Employees33th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.4× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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640The Music Workshop Limited
29
How is this score calculated?
Financial strength5/25 pts

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

Employees5/15 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.

Longevity3/15 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 30/09/2025

Net Worth

-£2k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£5k

Working capital

Current Assets

£3k

Current Liabilities

£8k

Fixed Assets

£3k

1avg. employees

Balance Sheet

Assets less current liabilities-£2k
Prepared with FreeAgent

EstimatesDerived

YearCurrent RatioImplied Profit
20250.40+£0
20250.40+£3k
20240.24—

Derived from filed accounts. Not audited figures.