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Static Wax Records Ltd

11380503

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

Birds Hollow Ingatestone Road, Highwood, Chelmsford, CM1 3QU
Incorporated 24/05/2018

Compliance

Last accounts

31/05/2025

micro entity

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 31/05/2026

Due 14/06/2027

On track

Industry

59200
Sound recording and music publishing activities

Officers

Mr Ian James Parkins

director · Since 24/05/2018

BANK OFFICIAL

BRITISH · ENGLAND · Age 64

Also on 5 other boards

Mr Gavin John Webb

director · Since 24/05/2018

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 6 other boards

Ian James Parkins

director · Since 24/05/2018

British · England · Age 64

Gavin John Webb

director · Since 24/05/2018

British · England · Age 56

Former

Mark Paul Topham

director · Resigned 09/09/2020

Sharon Denise Creates

director · Resigned 25/02/2021

Persons with Significant Control

Mr Gavin John Webb

25–50% shares

British · England · Age 56

1 Ropers Farm Cottages, Margaretting Road, Chelmsford, CM1 3PH

Notified 06/03/2025

Mr Ian James Parkins

25–50% shares

British · England · Age 64

Birds Hollow, Ingatestone Road, Chelmsford, CM1 3QU

Notified 06/03/2025

Former PSCs

The Signatures, Northern Soul Band Ltd

Ceased 06/03/2025

Red Menace Records Ltd

Ceased 06/03/2025

Change History

statusactive
2026-06-13

Active

typeltd
2026-06-13

Private Limited Company

address line1Birds Hollow Ingatestone Road
2026-06-13

BIRDS HOLLOW INGATESTONE ROAD

post townChelmsford
2026-06-13

CHELMSFORD

officer appointedPARKINS, Ian James
2026-06-13
officer appointedWEBB, Gavin John
2026-06-13

CompanyRankvs 12833+ SIC 59200 peers
29

Financial strength4th percentile among SIC peers · 1/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.07× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees3/15 pts

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

Liquidity2/20 pts

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

Longevity8/15 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 31/05/2025

Net Worth

-£62k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£62k

Working capital

Current Assets

£5k

Current Liabilities

£67k

Fixed Assets

£69

0avg. employees

Balance Sheet

Assets less current liabilities-£62k
Signed by 1.6.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20250.07-£839
20240.11-£9k
20230.11-£29k
20220.10-£18k
20210.25-£3k
20200.30-£5k
20190.31

Derived from filed accounts. Not audited figures.