# MUSIC HANDS LTD (09172693)

> MUSIC HANDS LTD is an active private limited company (company number 09172693) incorporated on 12 August 2014, registered in Newcastle Upon Tyne. Its registered activity is other education n.e.c. (SIC 85590). Latest small accounts cover the period ending 31 August 2025, showing net assets of £17k and cash of £1,935, with 1 employee on average. Net assets fell 30% on the prior period (£24k).

- Status: Active
- Incorporated: 2014-08-12
- Registered office: Newcastle Upon Tyne, NE6 4AT
- SIC 85590: Other education n.e.c.
- Next accounts due: 2027-05-31
- Confirmation statement due: 2027-08-26
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 373 comparable companies in Newcastle (median £913, upper quartile £16k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-08-31 | £17k | £1,935 | £2,147 | £1,121 | — | — | 1 |
| 2024-08-31 | £24k | £2,766 | £6,114 | £1,559 | — | — | 1 |

current ratio 3.64; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £16,683 at 31 August 2025
- Net assets down 25% or more on the prior period: -29.5% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 3.64
- Incorporated five or more years ago: Incorporated 12 August 2014

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr David Folahan Olatunji — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors; has significant influence or control, since 2016-08-12

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/09172693
HTML: https://firmoscan.com/company/09172693-music-hands-ltd