M.J. Performing Arts Ltd
15161132
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Michael Clay
British · United Kingdom · Age 33
203 London Road, Hadleigh, Benfleet, SS7 2RD
Notified 25/09/2023
CompanyRankvs 5070+ SIC 85520 peers21
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure Although there is material uncertainty which may cast doubt on the company’s ability to continue as a going concern, the financial statements have been prepared on a going con
Key FinancialsYear ending 30/09/2025
Net Worth
-£8k
Balance sheet strength
Cash
£231
Cash in the bank
Net Current Assets
-£17k
Working capital
Current Assets
£231
Current Liabilities
£18k
Fixed Assets
£10k
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.01 | -£9k |
| 2024 | 0.33 | — |
Derived from filed accounts. Not audited figures.