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Magnetic North Music Management Limited

10444751

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

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

No risk factors detected.

Details

3RD FLOOR COLWYN CHAMBERS, MANCHESTER, M2 3BA
Incorporated 25/10/2016

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 24/10/2025

Due 07/11/2026

On track

Industry

70229
Management consultancy activities
90020
Support activities to performing arts

Officers

Ms Ilian Marticorena

director · Since 25/10/2016

DIRECTOR

GERMAN · ENGLAND · Age 46

Mr Timothy John Mullett

director · Since 25/10/2016

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 1 other board

Persons with Significant Control

Ms Ilian Marticorena

25–50% shares
25–50% votes

German · England · Age 46

3rd Floor, Colwyn Chambers, Manchester, M2 3BA

Notified 25/10/2016

Mr Timothy John Mullett

25–50% shares
25–50% votes

British · England · Age 52

3rd Floor, Colwyn Chambers, Manchester, M2 3BA

Notified 25/10/2016

CompanyRankvs 70131+ SIC 70229 peers
59

Financial strength42th percentile among SIC peers · 11/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.1× · 12/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength11/25 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.

Liquidity12/20 pts

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

Longevity10/15 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 31/12/2024

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

2avg. employees

Tax at Year End(2023)

Corp tax£0

Balance Sheet

Assets less current liabilities£4k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.10
20231.34
20231.29
20221.70-£13k
20212.06
20201.43
20190.98

Derived from filed accounts. Not audited figures.