Marathon Music Limited

Marathon Music Limited, based in London, UK, is a small, active company founded 34 years ago in 1990. With three employees and £61,458 in assets, it operates from a real address in Lots Road and is overseen by two directors and three owners. The company is an irregular importer, primarily dealing in art and antiques, with recent activity recorded in December 3023.

The company's website, Marathon Music Group, highlights its role as a music partner, amplifying artists' visions and helping them find audiences. It focuses on publishing, sync licensing, and recordings, indicating a multifaceted approach to the music industry. The site mentions partnerships with artists across diverse music cultures and emphasizes a “leading edge approach” to marketing and artist development.

Financially, Marathon Music Limited presents a mixed picture. While the company's turnover is not specified, it meets the criteria for a small company (turnover under £10.2m, assets under £5.1m, fewer than 30 employees). Current assets have decreased by 31% to £61,000, and net assets have increased by a staggering 860% to £13,000. Cash reserves have also fallen by 31% to £29,000. Creditors have decreased by 43% to £51,000, suggesting improved debt management. The company's bank borrowings have also decreased by 31%. The lack of an auditor is not surprising, given its small size and exemption status.

The significant increase in equity, despite the decrease in cash, could indicate a revaluation of assets or a change in accounting practices. The decrease in employee numbers from three to two is a slight concern, but it could be a temporary adjustment. The company’s irregular import activity suggests a niche market focus, and its online presence indicates a modern approach to artist development and music licensing. The company’s financial statements are unaudited, so it’s important to interpret these numbers with caution.

Registered in England/Wales under the registration number 02558932, with a registered address at SW10 0QD, England, London, Unit 1 92 Lots Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.