Pax Records Limited
13047372
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 27/11/2020
MARKETING DIRECTOR
BRITISH · ENGLAND · Age 35
Persons with Significant Control
Miss Alexandra Charlotte Kate Hutton
British · England · Age 35
Broom Farm, Norwich Road, Norwich, NR14 6BQ
Notified 27/11/2020
CompanyRankvs 14028+ SIC 59200 peers27
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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 30/11/2024
Net Worth
-£110k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£111k
Working capital
Current Assets
£1k
Current Liabilities
£113k
Fixed Assets
£1k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.01 | -£25k |
| 2023 | 0.01 | -£28k |
| 2022 | 0.05 | -£41k |
| 2021 | 0.02 | — |
Derived from filed accounts. Not audited figures.