# UNDERRATED MUSIC LTD (10681591)

> UNDERRATED MUSIC LTD is an active private limited company (company number 10681591) incorporated on 21 March 2017, registered in Hornchurch. Its registered activity is retail sale via mail order houses or via internet (SIC 47910). Latest small accounts cover the period ending 31 March 2025, showing net assets of −£16k and cash of £7,039, with 1 employee on average. Net assets fell 15% on the prior period (−£14k).

- Status: Active
- Incorporated: 2017-03-21
- Registered office: Hornchurch, RM11 2AU
- SIC 47910: Retail sale via mail order houses or via Internet
- SIC 59200: Sound recording and music publishing activities
- SIC 62020: Information technology consultancy activities
- SIC 77400: Leasing of intellectual property and similar products, except copyright works
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-04-04
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 7,934 comparable companies in Greater London (median £100, upper quartile £4,680).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | −£16k | £7,039 | — | £29k | — | — | 1 |
| 2024-03-31 | −£14k | £8,151 | £250 | £28k | — | — | 1 |

current ratio 0.24; size band micro.

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

- Net assets below zero: Net assets £-16,041 at 31 March 2025
- Current assets below creditors within one year: Current ratio 0.24
- Incorporated five or more years ago: Incorporated 21 March 2017

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

## Persons with significant control

- Mr Eric Hiezely — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2017-03-21
- Owner Celine Devarieux — has significant influence or control, since 2017-03-21

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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/10681591
HTML: https://firmoscan.com/company/10681591-underrated-music-ltd