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Company No. 11798490 · Incorporated 31 Jan 2019

X the Tracks Ltd

Registered name: X THE TRACKS LTD

Part of Superstruct Entertainment Limited group

X the Tracks Ltd made £186k profit in the year to 31 Dec 2023 (revenue not disclosed).

X the Tracks Ltd reported £186k profit in the year to 31 Dec 2023, up 10% on the year before; its revenue was not disclosed. It had 7 employees. The company is classified under “other service activities” and is based in London; we hold 2 years of its filed accounts.

Profit onlySection S · Other service activitiesSIC 96090Other service activities n.e.c.
Status
Active
Location
London, London
Age
7 yrs · since 2019
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2023

Key figures

Small teamYoung and profitable
Revenue
—
Not disclosed in filing
Profit
£186k
Growth ▲10.1%
Profit margin
—
 
Employees
7
Change ▼12.5%
Profit / employee
£26.6k
 
Profitable streak
2yrs
Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 2023
DisclosureProfit onlyProfit only
Profit & loss
Revenue (turnover)——
Profit after tax£169k£186k
Profit (best available)£169k£186k
Employees (average)87
Ratios
Profit margin——
Profit per employee£21.2k£26.6k
Growth (year on year)
Profit growth—▲10.1%
Headcount growth—▼12.5%
Balance sheet — indirect signals, not revenue
Cash at bank£24.7k£12.4k
Net assets£169k−£37.9k
Current assets£497k£545k
Debtors£174k£281k
Deferred income£219k£371k
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024
Derived from the latest filing

How the business works

Profit margin
—
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
£26.6k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
▼122%
Now −£37.9k
Cash at bank
▼50%
Now £12.4k
Headcount
▼13%
Now 7
Deferred income
▲69%
Now £371k
Fixed assets
—
Now —

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Superstruct Entertainment Limitedultimate parent75–100%
  2. Superstruct UK Festivals Ltd50–75%
  3. X the Tracks Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (17)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £186k), from the Companies House accounts bulk data published Sep 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.