X THE TRACKS LTD Financials
- Company number
- 11798490CopyCopy
- Registered office
- 2 Bentinck Mews, London W1U 2AQ
- Incorporated
- 31/01/2019
Company snapshot
- Status
- Active
- Employees
- 7 (2023)
- Latest financial data
- 2023
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-122.38%vs 20222022: £169.20K
Total Assets
9.79%vs 20222022: £496.61K
Cash in Bank
-50.01%vs 20222022: £24.74K
Total Liabilities
78.09%vs 20222022: £327.42K
Employees
-1vs 20222022: 8
In 2023, X THE TRACKS LTD reported net assets of £-37.86K. The same filing shows total assets of £545.23K, cash in bank of £12.37K and total liabilities of £583.09K. Reported headcount was 7 in 2023. Total Liabilities rose from £327.42K in 2022 to £583.09K in 2023 (78.09%). Okredo holds filed figures for 2021–2023; 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
-122.38%from £169.20K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures X THE TRACKS LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2021Cash in Bank
-94.2%vs 2021-75.9% a year compound (CAGR)
Total Assets
+33%vs 2021+15.3% a year compound (CAGR)
Total Liabilities
+42.2%vs 2021+19.3% a year compound (CAGR)
Employees
-12.5%vs 2021-1Biggest increase
Total Liabilities+42.2%
£410.01K in 2021 to £583.09K in 2023
Biggest decrease
Cash in Bank-94.2%
£212.24K in 2021 to £12.37K in 2023
X THE TRACKS LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from X THE TRACKS 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
- -6.94%2023
- 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
- 106.94%2023
- 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
- 2.12%2023
- 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
- 2.27%2023
- 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 X THE TRACKS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | -52.00 | 169.20K | -37.86K |
| Total Assets£ | 409.96K | 496.61K | 545.23K |
| Cash in Bank£ | 212.24K | 24.74K | 12.37K |
| Total Liabilities£ | 410.01K | 327.42K | 583.09K |
| Employees | 8 | 8 | 7 |
X THE TRACKS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for X THE TRACKS LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
X THE TRACKS LTD reported net assets of £-37.86K for 2023. That compares with £169.20K in 2022, a change of -122.38%.
X THE TRACKS LTD reported total assets of £545.23K for 2023. That compares with £496.61K in 2022, a change of 9.79%.
X THE TRACKS LTD reported cash in bank of £12.37K for 2023. That compares with £24.74K in 2022, a change of -50.01%.
X THE TRACKS LTD reported 7 employees in 2023, compared with 8 in 2022.
Between 2021 and 2023, X THE TRACKS LTD's cash in bank fell by 94.2%, total assets rose by 33%, total liabilities rose by 42.2% and employee numbers fell by 12.5%. Cash in bank contracted at 75.9% a year across the two years to 2023, from £212.24K to £12.37K. Reported headcount went from 8 in 2021 to 7 in 2023 (-1).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.