Music Connect London Limited

Key Facts

Net Assets

Current: £10,663

Previous: £11,469

Change: -806 (-7%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £3,412

Previous: £9,338

Change: -£5,926 (-63.5%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £9,795

Previous: £22,509

Change: -£12,714 (-56.5%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £1,890

Previous: £13,171

Change: -£11,281 (-85.7%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £1,022

Previous: £1,702

Change: -£680 (-40%)

Comment: Fixed assets fell significantly.

Turnover

Current: Not reported

Previous: Not reported

Comment: Turnover not reported for either period, which is common for micro‑entity and small business.

Employees

Current: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.