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AXTONE RECORDS LIMITED Financials

Company number
05359712Copy
Copy
Registered office
Floors 1-3 20 Vauxhall Bridge Road, London SW1V 2SA
Incorporated
09/02/2005

Company snapshot

Status
Active
Employees
3 (2024)
Latest financial data
2024
Accounts type
Small

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£1.42M2024
97.63%vs 2023

2023: £719.49K

Total Assets

£2.08M2024
83.66%vs 2023

2023: £1.13M

Cash in Bank

£1.38M2024
24.97%vs 2023

2023: £1.10M

Total Liabilities

£655.36K2024
58.60%vs 2023

2023: £413.21K

Employees

32024
0vs 2023

2023: 3

In 2024, AXTONE RECORDS LIMITED reported net assets of £1.42M. The same filing shows total assets of £2.08M, cash in bank of £1.38M and total liabilities of £655.36K. Reported headcount was 3 in 2024. Total Assets rose from £1.13M in 2023 to £2.08M in 2024 (83.66%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£1.42M2024
97.63%from £719.49K in 2023

Year-on-year change

Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures AXTONE RECORDS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£424.97K2022£1.42M2024
+235%vs 2022

+82.9% a year compound (CAGR)

Cash in Bank

£680.55K2022£1.38M2024
+103%vs 2022

+42.4% a year compound (CAGR)

Total Assets

£705.39K2022£2.08M2024
+195%vs 2022

+71.7% a year compound (CAGR)

Total Liabilities

£280.42K2022£655.36K2024
+134%vs 2022

+52.9% a year compound (CAGR)

Employees

4202232024
-25%vs 2022-1

Biggest increase

Net Assets+235%

£424.97K in 2022 to £1.42M in 2024

Biggest decrease

Employees-25%

4 in 2022 to 3 in 2024

AXTONE RECORDS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.

Ratios from the filed figures

Calculated from AXTONE RECORDS LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
68.35%2024
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Liabilities to total assets
31.50%2024
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Cash to liabilities
210.62%2024
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Cash to total assets
66.35%2024
Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for AXTONE RECORDS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£287.20K424.97K719.49K1.42M
Total Assets£619.83K705.39K1.13M2.08M
Cash in Bank£577.33K680.55K1.10M1.38M
Total Liabilities£332.63K280.42K413.21K655.36K
Employees4433

AXTONE RECORDS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for AXTONE RECORDS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

AXTONE RECORDS LIMITED reported net assets of £1.42M for 2024. That compares with £719.49K in 2023, a change of 97.63%.

AXTONE RECORDS LIMITED reported total assets of £2.08M for 2024. That compares with £1.13M in 2023, a change of 83.66%.

AXTONE RECORDS LIMITED reported cash in bank of £1.38M for 2024. That compares with £1.10M in 2023, a change of 24.97%.

AXTONE RECORDS LIMITED reported 3 employees in 2024, compared with 3 in 2023.

Between 2022 and 2024, AXTONE RECORDS LIMITED's net assets rose by 235%, cash in bank rose by 103%, total assets rose by 195% and total liabilities rose by 134%. Net assets compounded at 82.9% a year across the two years to 2024, from £424.97K to £1.42M. Reported headcount went from 4 in 2022 to 3 in 2024 (-1).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.