Company Overview
Associated Board Of The Royal Schools Of Music(The) is listed at the official companies registry as Active Private Limited Company By Guarantee Without Share Capital, Use Of 'Limited' Exemption. The company was incorporated on Wednesday 26 June 1985, so this is a well established company. Associated Board Of The Royal Schools Of Music(The) has been in business for 38 years and 10 months. The accounts status is group and the accounts are next due on Thursday 31 October 2024.
Registered Address

4 London Wall Place, London, EC2Y 5AU
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Companies House Data
Company NameASSOCIATED BOARD OF THE ROYAL SCHOOLS OF MUSIC(THE)
Company Number01926395
Registered Office Address4 London Wall Place
 EC2Y 5AU
Company CategoryPrivate Limited Company By Guarantee Without Share Capital, Use Of 'Limited' Exemption
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date26/06/1985
Accounting Reference Date Day31
Accounting Reference Date Month1
Accounts Next Due Date31/10/2024
Accounts Last Made Up Date31/01/2023
Accounts Account CategoryGROUP
Returns Next Due Date03/08/2016
Returns Last Made Up Date06/07/2015
Directors & Members
Show Resigned
Frances Anderson - Director
(British, 71 years old, born February 1953)
Lawyer - Appointed 21 November 2019
Active
Abdul Bhanji - Director
(British, 75 years old, born September 1949)
Company Director - Appointed 24 November 2021
Active
Karen Di Lorenzo - Director
(British, 58 years old, born February 1966)
Director Of Finance - Appointed 05 November 2021
Active
Jonathan Freeman Attwood - Director
(British, 63 years old, born October 1961)
Principal Royal Academy Of Music - Appointed 01 July 2008
Active
Antony Hales - Director
(British, 76 years old, born May 1948)
Company Director - Appointed 28 November 2017
Active
Deborah Harry - Director
(British, 59 years old, born May 1965)
Finance Director - Appointed 14 March 2024
Active
Leslie Kwan - Director
(American, 54 years old, born March 1970)
Director - Appointed 02 January 2022
Active
Colin Lawson - Director
(British, 75 years old, born July 1949)
Director - Appointed 26 July 2005
Active
Secretaries
Show Resigned
Balance Sheet Unlock full report
Accounts Date 31-Jan-2023 31-Jan-2011 31-Jan-2010
Balance Sheet
Fixed Assets 1,292,000 1,292,000 1,181,000
Current Assets 17,059,000 17,059,000 14,058,000
Creditors Due Within One Year 12,325,000 12,325,000 10,562,000
Working Cap 4,734,000 4,734,000 3,496,000
Total Assets Less Current Liabilities 6,026,000 6,026,000 4,677,000
Long-term Liabilities 5,558,000 5,558,000 9,694,000
Net Assets 468,000 468,000 -5,017,000
Share Capital & Reserves
Share Cap 0 0 0
Profit & Loss Reserves 468,000 468,000 -5,017,000
Other Reserves 0 0 0
Shareholders Funds 468,000 468,000 -5,017,000
Common Size Financial Analysis Unlock full report
Accounts Date 31-Jan-2023 31-Jan-2011 31-Jan-2010
Tangible Fixed Assets - - -
Fixed Assets 7.0% 7.0% 7.7%
Stocks Inventory 5.8% 5.8% 5.1%
Debtors 31.7% 31.7% 35.6%
Cash Bank In Hand 7.8% 7.8% 6.2%
Current Assets 93.0% 93.0% 92.3%
Creditors Due Within One Year 67.2% 67.2% 69.3%
Net Current Assets Liabilities 25.8% 25.8% 22.9%
Creditors Due After One Year 0.0% 0.0% 0.3%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 2.6% 2.6% -32.9%
Called Up Share Capital 0.0% 0.0% 0.0%
Share Capital Allotted Called Up Paid 0.0% 0.0% 0.0%
Profit Loss Account Reserve 2.6% 2.6% -32.9%
Shareholder Funds 2.6% 2.6% -32.9%
Capital Employed - - -
Total Assets Less Current Liabilities 32.8% 32.8% 30.7%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Jan-2023 31-Jan-2011 31-Jan-2010
Liquidity Ratio 1.4 1.4 1.3
Solvency Ratio 1.0 1.0 0.8
Reserves to Assets 0.0 0.0 -0.3
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Jan-2023 31-Jan-2011 31-Jan-2010
Assets 18,351,000 18,351,000 15,239,000
Debt 17,883,000 17,883,000 20,256,000
Net Assets/Debt 468,000 468,000 -5,017,000

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around EC2Y 5AU
Document Filings
Appointment of Mr Gavin Donald Reid as a director on 14 March 2024
Appointment of Ms Deborah Rachel Ruth Harry as a director on 14 March 2024
Termination of appointment of Nicola Alison Irvine as a director on 14 March 2024
Termination of appointment of George Benjamin Whalley as a director on 1 March 2024
Director's details changed for Mr Kevin Andrew Porter on 12 October 2023
Director's details changed for Professor Colin James Lawson on 12 October 2023
Confirmation statement made on 6 July 2023 with no updates
Confirmation statement made on 6 July 2022 with no updates
Appointment of Ms Leslie Deloris Kwan as a director on 2 January 2022
Appointment of Mr Abdul Fazal Bhanji as a director on 24 November 2021
Termination of appointment of Jeremy Wilfrid Heap as a director on 24 November 2021
Termination of appointment of David Roper as a director on 24 November 2021
Appointment of Ms Karen Victoria Di Lorenzo as a director on 5 November 2021
Termination of appointment of Judith Mary Barber as a director on 20 September 2021
Confirmation statement made on 6 July 2021 with no updates
Appointment of Ms Nicola Alison Irvine as a director on 18 March 2021
Director's details changed for Mr Jeremy Wilfrid Heap on 12 May 2021
Termination of appointment of Frostrow Capital Llp as a secretary on 31 December 2020
Appointment of Mr George Benjamin Whalley as a director on 13 March 2020
Termination of appointment of Nicola Joan Taylor as a director on 31 July 2020
Confirmation statement made on 6 July 2020 with no updates

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