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Right Tracks Music Limited

08484981

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

1ST FLOOR SUITE, LONDON, W8 6SH
Incorporated 12/04/2013

Compliance

Last accounts

30/04/2025

total exemption full

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 08/05/2026

Due 22/05/2027

On track

Industry

59200
Sound recording and music publishing activities

Officers

Hal Management Limited

secretary · Since 12/04/2013

BRITISH

Also on 465 other boards

Mr Christopher Norman Wright

director · Since 12/04/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 81

Also on 11 other boards

Persons with Significant Control

Mr Christopher Norman Wright

75–100% shares

British · United Kingdom · Age 81

1st Floor Suite, 181b Kensington High Street, London, W8 6SH

Notified 06/04/2016

CompanyRankvs 10444+ SIC 59200 peers
25

Financial strength1th percentile among SIC peers · 0/25
Employees49th percentile among SIC peers · 7/15
LiquidityNo balance sheet data · 0/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
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9Anglo Management Music Ltd
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10Reliable Source Music Limited
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10444Right Tracks Music Limited
35
How is this score calculated?
Financial strength0/25 pts

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

Employees7/15 pts

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

Liquidity0/20 pts

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

Longevity13/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

that there are no material uncertainties that may cast significant doubt on the Company's ability to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements. Turnover Revenue is recognised to the extent that it is probable that the economic benefits will flow to th

Key FinancialsYear ending 30/04/2025

Net Worth

-£300k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

—

Current Liabilities

£386k

Debtors

£31k

1avg. employees

Director Loans(2019)

Company owes directors£79k

Balance Sheet

Intangible assets£47k
Prepared with Silverfin

EstimatesDerived

YearCurrent RatioImplied Profit
2025—-£245k
20190.35—

Derived from filed accounts. Not audited figures.