Parallax Music Ltd
08829121
Healthy
- Negative net worth (-10)
Details
Compliance
Last accounts
31/01/2025
micro entity
Next accounts due
31/10/2026
Confirmation statement
Last: 02/01/2026
Due 16/01/2027
Industry
Officers
director · Since 02/01/2014
CONSULTANT
BRITISH · ENGLAND · Age 77
Also on 4 other boards
Persons with Significant Control
Mr Alexander James Henson
British · England · Age 44
88, Boundary Road, Hove, BN3 7GA
Notified 06/04/2016
Mr Terence Edwin Henson
British · England · Age 77
88, Boundary Road, Hove, BN3 7GA
Notified 06/04/2016
CompanyRankvs 22845+ SIC 90030 peers32
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/01/2025
Net Worth
-£36k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£37k
Working capital
Current Assets
£5k
Current Liabilities
£41k
Fixed Assets
£879
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.12 | -£3k |
| 2024 | 0.06 | -£2k |
| 2023 | 0.03 | -£3k |
| 2022 | 0.03 | -£4k |
| 2021 | 0.03 | -£2k |
| 2020 | 0.04 | -£2k |
| 2019 | 0.05 | — |
Derived from filed accounts. Not audited figures.