Music Bank (hire) Limited in London, WC1V 7JZ

Description

Data updated on: 01-11-2023

Music Bank (hire) Limited has existed in this business for thirty years. Registered under the number 02949015 in 1994, the firm have office at 2nd Floor, Northumberland House, London WC1V 7JZ. Its present name is Music Bank (hire) Limited. This business's former associates may know it also as Musicbest Company, which was used up till 1994-10-04. This business's principal business activity number is 90030 meaning Artistic creation. 2022-10-31 is the last time the accounts were reported.

The company owns one restaurant or cafe. Its FHRSID is 62144. It reports to Southwark and its last food inspection was carried out on 15th January 2013 in Tower Bridge Business Complex, London, SE16 4DG. The most recent quality assessment result obtained by the company is exempt, which translates as exept.

Music Bank (hire) Ltd is a small-sized vehicle operator with the licence number OK0230343. The firm has one transport operating centre in the country. In their subsidiary in London on 100 Clements Road, 3 machines are available.

Alexandra H., Aaron H. and Trevor H. are registered as the firm's directors and have been managing the firm since 2011.

Previous company's names
Music Bank (hire) Limited 1994-10-04
Musicbest Company Limited 1994-07-15

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-10-31	2016-10-31	2017-10-31	2018-10-31	2019-10-31	2020-10-31	2021-10-31	2022-10-31
Currency
Net Worth	178 900	271 190

Balance Sheet
Cash Bank On Hand		303 767	57 102	55 966	219 948	49 496	1 916 083	810 899
Current Assets	394 277	680 119	512 812	594 118	803 985	479 183	3 014 068	998 468
Debtors	293 671	345 550	424 710	507 152	551 965	397 615	1 065 913	187 569
Other Debtors		99 314	151 155	269 432	341 384	342 126	290 537	4 400
Property Plant Equipment		8 311	16 183	1 174 882	1 091 005	974 017	198 000
Total Inventories		30 802	31 000	31 000	32 072	32 072	32 072
Cash Bank In Hand	69 442	303 767
Stocks Inventory	31 164	30 802
Tangible Fixed Assets		8 311

Capital & Reserves
Called Up Share Capital	1 420	1 420
Profit Loss Account Reserve	177 480	269 770
Shareholder Funds	178 900	271 190

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment		2 555 725	1 706 853	1 774 812	1 887 035	2 006 124	19 009
Amounts Owed By Related Parties		24 320	53 132	58 549	81 223	6 904	515 827
Amounts Owed To Group Undertakings		68 754		216 124	279 305	579 258	129 508
Average Number Employees During Period				11	12	12	11	7
Corporation Tax Payable							781 599	35 001
Corporation Tax Recoverable								165 671
Creditors		417 240	241 113	2 112 517	2 594 634	2 540 218	1 165 281	92 963
Deferred Tax Asset Debtors							223 314
Future Minimum Lease Payments Under Non-cancellable Operating Leases				3 344 777	3 107 278	2 869 779
Increase From Depreciation Charge For Year Property Plant Equipment			2 261	67 959	114 609	119 089
Net Current Assets Liabilities	178 900	262 879	271 699	-1 518 399	-1 790 649	-2 061 035	1 848 787	905 505
Number Shares Issued Fully Paid			1 420
Other Creditors		73 820	81 349	1 483 166	2 135 892	1 883 451	97 639	55 052
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment			851 133		2 386		1 987 115	19 009
Other Disposals Property Plant Equipment			851 133		2 386		2 764 748	217 009
Other Taxation Social Security Payable		62 694	40 944	8 333	22 227	7 135	63 531	1 910
Par Value Share		1	1
Profit Loss						-387 374	3 133 805
Property Plant Equipment Gross Cost		2 564 036	1 723 036	2 949 694	2 978 040	2 980 141	217 009
Total Additions Including From Business Combinations Property Plant Equipment			10 133	1 226 658	30 732	2 100	1 616
Total Assets Less Current Liabilities	178 900	271 190	287 882	-343 517	-699 644	-1 087 018	2 046 787	905 505
Trade Creditors Trade Payables		211 972	118 820	404 894	157 210	70 379	93 004	1 000
Trade Debtors Trade Receivables		221 916	220 423	179 171	129 358	48 584	36 235	17 498
Creditors Due Within One Year	215 377	417 240
Number Shares Allotted		1 420
Share Capital Allotted Called Up Paid	1 420	1 420