Active

TOKEN TRAXX MUSIC LTD Financials

Company number
13753129Copy
Copy
Registered office
Suite 6, Floor 2 Congress House, 14 Lyon Road, Harrow HA1 2EN
Incorporated
18/11/2021

Company snapshot

Status
Active
Employees
5 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2022–2024.

Net Assets

£102.70K2024
-97.30%vs 2023

2023: £3.80M

Total Assets

£876.21K2024
-84.30%vs 2023

2023: £5.58M

Cash in Bank

£6.19K2024
17.58K%vs 2023

2023: £35.00

Total Liabilities

£770.96K2024
-56.60%vs 2023

2023: £1.78M

Employees

52024
0vs 2023

2023: 5

In 2024, TOKEN TRAXX MUSIC LTD reported net assets of £102.70K. The same filing shows total assets of £876.21K, cash in bank of £6.19K and total liabilities of £770.96K. Reported headcount was 5 in 2024. Total Assets fell from £5.58M in 2023 to £876.21K in 2024 (-84.30%). Okredo holds filed figures for 2022–2024; 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

£102.70K2024
-97.30%from £3.80M in 2023

Year-on-year change

Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures TOKEN TRAXX MUSIC LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£3.85M2022£102.70K2024
-97.3%vs 2022

-83.7% a year compound (CAGR)

Cash in Bank

£10.72K2022£6.19K2024
-42.2%vs 2022

-24% a year compound (CAGR)

Total Assets

£13.83M2022£876.21K2024
-93.7%vs 2022

-74.8% a year compound (CAGR)

Total Liabilities

£9.98M2022£770.96K2024
-92.3%vs 2022

-72.2% a year compound (CAGR)

Employees

5202252024
0%vs 2022

Biggest decrease

Net Assets-97.3%

£3.85M in 2022 to £102.70K in 2024

Every measure that changed in TOKEN TRAXX MUSIC LTD's filings between 2022 and 2024 fell. The steepest fall came in net assets, pointing to a weakening balance sheet, with cash in bank, total assets and total liabilities falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from TOKEN TRAXX MUSIC LTD'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
11.72%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
87.99%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
0.80%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
0.71%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 TOKEN TRAXX MUSIC LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202220232024
Net Assets£3.85M3.80M102.70K
Total Assets£13.83M5.58M876.21K
Cash in Bank£10.72K35.006.19K
Total Liabilities£9.98M1.78M770.96K
Employees555

TOKEN TRAXX MUSIC LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for TOKEN TRAXX MUSIC LTD covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.

TOKEN TRAXX MUSIC LTD reported net assets of £102.70K for 2024. That compares with £3.80M in 2023, a change of -97.30%.

TOKEN TRAXX MUSIC LTD reported total assets of £876.21K for 2024. That compares with £5.58M in 2023, a change of -84.30%.

TOKEN TRAXX MUSIC LTD reported cash in bank of £6.19K for 2024. That compares with £35.00 in 2023, a change of 17.58K%.

TOKEN TRAXX MUSIC LTD reported 5 employees in 2024, compared with 5 in 2023.

Between 2022 and 2024, TOKEN TRAXX MUSIC LTD's net assets fell by 97.3%, cash in bank fell by 42.2%, total assets fell by 93.7% and total liabilities fell by 92.3%. Net assets contracted at 83.7% a year across the two years to 2024, from £3.85M to £102.70K. Reported headcount went from 5 in 2022 to 5 in 2024.

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