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Prblm Music Ltd

15261739

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

FLAT 812 , EQUIPOINT COVENTRY ROAD, BIRMINGHAM, B25 8FH
Incorporated 06/11/2023

Compliance

Last accounts

30/11/2024

micro entity

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 04/11/2025

Due 18/11/2026

On track

Industry

47630
Retail sale of music and video recordings in specialised stores
47710
Retail sale of clothing in specialised stores
59200
Sound recording and music publishing activities
62012
Business and domestic software development

Officers

Mrs Feyisara Damilola Salami

director · Since 06/11/2023

ENTREPRENEUR

NIGERIAN · ENGLAND · Age 38

Mr Oluwasesan Abbas Salami

director · Since 06/11/2023

ENTERTAINER

NIGERIAN · ENGLAND · Age 37

Persons with Significant Control

Mrs Feyisara Damilola Salami

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

Nigerian · England · Age 38

Flat 812 , Equipoint, Coventry Road, Birmingham, B25 8FH

Notified 06/11/2023

Mr Oluwasesan Abbas Salami

50–75% shares
50–75% votes
Appoint directors

Nigerian · England · Age 37

Flat 812 , Equipoint, Coventry Road, Birmingham, B25 8FH

Notified 06/11/2023

CompanyRankvs 353+ SIC 47630 peers
47

Financial strength60th percentile among SIC peers · 15/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength15/25 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.

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 30/11/2024

Net Worth

£324

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£624

Working capital

Current Assets

£10

Current Liabilities

£634

Fixed Assets

£300

2avg. employees

Balance Sheet

Assets less current liabilities£324
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20240.02

Derived from filed accounts. Not audited figures.