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Xlantic Music Group Limited

04554424

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

22 NOTTING HILL GATE, LONDON, W11 3JE
Incorporated 04/10/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

90020
Support activities to performing arts

Officers

Mr Knut Eikrem

director · Since 18/03/2003

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 7 other boards

Mr David Theodore Fischer

director · Since 18/03/2003

CHIEF EXECUTIVE OFFICER

AMERICAN · ENGLAND · Age 60

Mr Knut Eikrem

secretary · Since 31/03/2003

MANAGING DIRECTOR

NORWEGIAN · Age 51

Also on 7 other boards

Mr Ben Yefet

director · Since 08/04/2003

DIRECTOR OF ENTERTAINMENT

BRITISH · UNITED KINGDOM · Age 47

Persons with Significant Control

Mr Knut Eikrem

25–50% shares

British · England · Age 51

22, Notting Hill Gate, London, W11 3JE

Notified 06/04/2016

Mr Ben Yefet

25–50% shares

British · England · Age 47

22, Notting Hill Gate, London, W11 3JE

Notified 06/04/2016

Former PSCs

Mr David Theodore Fischer

Ceased 26/10/2023

Charges1 outstanding

charge
outstanding

SUPERSONIC LIMITED

Created 02/09/2003Registered 17/09/2003

CompanyRankvs 7249+ SIC 90020 peers
38

Financial strength3th percentile among SIC peers · 1/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.69× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2024

Net Worth

-£64k

Balance sheet strength

Cash

£37k

Cash in the bank

Net Current Assets

-£57k

Working capital

Current Assets

£124k

Current Liabilities

£181k

Fixed Assets

£0

Debtors

£88k

2avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.69+£9k
20230.66+£44k
20220.58+£31k
20210.44-£47k
20200.73-£105k
20190.66

Derived from filed accounts. Not audited figures.