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Panda Music Ltd

15216689

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

23 ST LEONARDS ROAD, BEXHILL-ON-SEA, TN40 1HH
Incorporated 17/10/2023

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 16/10/2025

Due 30/10/2026

On track

Industry

59200
Sound recording and music publishing activities

Officers

Mr Ardell Michael Mafi

director · Since 17/10/2023

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Mr Lee Rose

director · Since 17/10/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 6 other boards

Persons with Significant Control

Deevu Ltd

25–50% shares
25–50% votes

23 St Leonards Road, Bexhill-On Sea, East Sussex, TN40 1HH

Reg: 09855626 · Companies House · Ltd

Notified 17/10/2023

Turbo Music Limited

25–50% shares
25–50% votes

14, Tolworth Rise South, Tolworth, KT5 9NN

Reg: 12203172 · Companies House · Limited

Notified 17/10/2023

CompanyRankvs 7993+ SIC 59200 peers
37

Financial strength44th percentile among SIC peers · 11/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.56× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength11/25 pts

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

Employees12/15 pts

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

Liquidity6/20 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.

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

or other future taxable profits. Hire purchase and leasing commitments Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. Going concern The company’s ability to continue to trade is dependent upon the continued support of its directors. The directors have indicated that this support will be forthcoming and that they will not req

Key FinancialsYear ending 31/10/2025

Net Worth

£100

Balance sheet strength

Cash

£18k

Cash in the bank

Net Current Assets

-£30k

Working capital

Current Assets

£38k

Current Liabilities

£67k

Fixed Assets

£5k

Debtors

£19k

2avg. employees

Balance Sheet

Assets less current liabilities-£24k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.56

Derived from filed accounts. Not audited figures.