The Firmwatch take
Online Takeover Music Limited (12667421) currently shows: At risk signal detected, based on accounts to 30 April 2025; last refreshed 24 May 2026. Net liabilities of £17k — assets do not cover obligations.
Companies House source·Accounts to 30 Apr 2025·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Pulse · Net assets, 2024–2025
↘ £3kIncorporated
12 June 2020
5 years on the register
Sector
Sound recording and music publishing activities
SIC 59200
Size
Not classified
Net assets
−£17k
Bottom 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Elevated insolvency risk
The latest public accounts show financial pressure that should be reviewed before relying on the company as a customer, supplier or counterparty.
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Money
What the balance sheet says
Net assets
−£17k
Bottom 10% in sector · sector median £449 · 60,894 filers in this sector
Cash
Not disclosed
Working cap.
−£17k
Median £2k
Current ratio
—
Signals · 2
Negative net assets
The latest filed accounts show liabilities exceeding assets.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Sector benchmark · Publishing and Media
How this company compares in 60,894 filers in this sector
Bottom 10% in sector — Online Takeover Music Limited shows −£17k in net assets. Sector median is £449.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
Address pattern · BN11 1QR
998 other UK companies registered at this postcode.
Active
946
Dissolved
14
Strike-off action
33
People
Who runs this company
- OO
OLATUNJI, Olajide Olayinka Williams
director · since 2020
Registered office
Address intelligence
998 other companies use this address.
High-volume registered-office service. Many UK companies use these legitimately, but they are also a known hosting location for shell entities. Treat this as a flag, not a verdict.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.