−£4,843
vs Mar 2025Active12701150Private limited companyDerby
THE SYSTEM DONT WORK LTD
Significant control: Jonathan Hewitt (75–100%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
Coming soon · product and service lists
What does The System Dont Work Ltd sell?
Registered activity: Retail sale of music and video recordings in specialised stores (SIC 47630). We’re building product and service lists for UK companies. Get this one when it’s ready.
One email, only about this. If we don’t launch within 60 days we’ll tell you. Privacy
01
Summary
THE SYSTEM DONT WORK LTD is an active private limited company (company number 12701150) incorporated on 29 June 2020, registered in Derby. Its registered activity is retail sale of music and video recordings in specialised stores (SIC 47630). Latest micro accounts cover the period ending 31 March 2026, showing net assets of −£4,843, with 0 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 1% on the prior period (−£4,869). Across the last 3 periods on record the net-asset trend is volatile.
Peer position · net assets
By net assets it sits in the bottom quarter of 589 comparable companies in the UK (median £255, upper quartile £12k).
02
Ownership and control
- Mr Jonathan Hewitt
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 29 June 20206 yrs ago
- Next accounts due
- 31 December 2027in 434 days
- Confirmation statement due
- 13 July 2027in 263 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 47630
- Retail sale of music and video recordings in specialised stores
- Accounts type
- Micro Entity
- Size band
- MicroCompanies Act thresholds
05
Financials
Not reported
Not disclosed
0
vs Mar 2025| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 March 2026 | −£4,843 | — | — | £5,643 | — | — | 0 |
| 31 March 2025 | −£4,869 | — | — | £4,987 | — | — | 0 |
| 31 March 2024 | −£3,999 | — | — | £4,795 | — | — | 0 |
Current ratio0.14Current assets ÷ creditors within one year
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
06
Filing and accounts signals
- Net assets below zeroNet assets £-4,843 at 31 March 2026
- Current assets below creditors within one yearCurrent ratio 0.14
- Three or more accounting periods on record3 periods on record
- Incorporated five or more years agoIncorporated 29 June 2020
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Next accounts duein 434 days
- Confirmation statement duein 263 days
- Accounts period endNet liabilities £4,843 · micro accounts
- Accounts period endNet liabilities £4,869 · micro accounts
- Accounts period endNet liabilities £3,999 · micro accounts
- Incorporated
08
Similar companies in Derby
- SDJ MUSIC LTDDerby · inc. Jan 2023
- YEW TREE RECORDS (DERBYSHIRE) LTDAshbourne · inc. May 2024
- MUSIC MADNESS LTDHeanor · inc. Apr 2026
- MOSAIC MUSIC LTDIlkeston · inc. May 2026
- PROMO RECORDS LIMITEDSwadlincote · inc. Jul 2001
- CLASSICAL CD LIMITEDMatlock · inc. Aug 1993
All companies incorporated on 29 June 2020 · in Jun 2020.
09
Reminders for THE SYSTEM DONT WORK LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.