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8 Track Music Solutions Limited

04941042

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

PALMEIRA AVENUE MANSIONS, HOVE, BN3 2FA
Incorporated 22/10/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93290
Other amusement and recreation activities

Officers

James Wood

secretary · Since 22/10/2003

SECRETARY

BRITISH

Also on 1 other board

Mr James Marshall Wood

director · Since 01/02/2012

CONSULTANT

BRITISH · ENGLAND · Age 51

Mr Massimo Lamagna

director · Since 22/03/2017

COMPANY DIRECTOR

ITALIAN · UNITED KINGDOM · Age 58

Persons with Significant Control

Mr James Marshall Wood

50–75% shares
50–75% votes
Appoint directors

British · England · Age 51

Palmeira Avenue Mansions, 19 Church Road, Hove, BN3 2FA

Notified 22/10/2016

Massimo Lamagna

25–50% shares
25–50% votes

Italian · England · Age 58

Palmeira Avenue Mansions, 19 Church Road, Hove, BN3 2FA

Notified 22/10/2016

CompanyRankvs 5761+ SIC 93290 peers
58

Financial strength47th percentile among SIC peers · 12/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.59× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength12/25 pts

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

Employees10/15 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.

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

Key FinancialsYear ending 31/10/2025

Net Worth

£335

Balance sheet strength

Cash

£43k

Cash in the bank

Net Current Assets

-£42k

Working capital

Current Assets

£62k

Current Liabilities

£104k

Fixed Assets

£54k

Debtors

£19k

2avg. employees

Tax at Year End(2022)

Corp tax£10k

Balance Sheet

Intangible assets£50k
Assets less current liabilities£12k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.59
20241.28-£26k
20231.67+£12k
20221.95+£0
20211.95-£13k
20202.28+£10k
20191.47+£18k
20181.11

Derived from filed accounts. Not audited figures.