Magnetic North Music Management Limited
10444751
Healthy
No risk factors detected.
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 24/10/2025
Due 07/11/2026
Industry
Officers
director · Since 25/10/2016
DIRECTOR
BRITISH · ENGLAND · Age 52
Also on 1 other board
Persons with Significant Control
Ms Ilian Marticorena
German · England · Age 46
3rd Floor, Colwyn Chambers, Manchester, M2 3BA
Notified 25/10/2016
Mr Timothy John Mullett
British · England · Age 52
3rd Floor, Colwyn Chambers, Manchester, M2 3BA
Notified 25/10/2016
CompanyRankvs 70131+ SIC 70229 peers59
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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 31/12/2024
Net Worth
£289
Balance sheet strength
Cash
£22k
Cash in the bank
Net Current Assets
£2k
Working capital
Current Assets
£28k
Current Liabilities
£25k
Fixed Assets
£1k
Debtors
£6k
Tax at Year End(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.10 | — |
| 2023 | 1.34 | — |
| 2023 | 1.29 | — |
| 2022 | 1.70 | -£13k |
| 2021 | 2.06 | — |
| 2020 | 1.43 | — |
| 2019 | 0.98 | — |
Derived from filed accounts. Not audited figures.