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ROCKVINYL.WORKS LIMITED
56 ASHTON LANE, GLASGOW, G12 8SJCompany Number: SC724350
Incorporation date: 24-Feb-2022
Status: Active
Entity type: Private Limited Company
SIC codes:
46431 Wholesale of audio tapes, records, CDs and video tapes and the equipment on which these are played
SUMMARY
This company is 2.7 years old and is currently active. It is controlled by Mr David James St Clair Low. No P&L financials are available but there is Balance Sheet data. The company has positive equity (net assets) of GBP 183.8 thousand which has increased from GBP 130.5 thousand in the previous year. Although the P&L is not published, we can infer from the Balance Sheet that Net Loss was GBP 169.2 thousand in the last reported period. Retained earnings is negative (GBP -188.7 thousand), which means the company has aggregate losses since it's inception; given that the company is a start-up, this is not surprising. The company has 6 active officers (directors or partners) who are or were officers of 47 other companies, 19 (40.4%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.FINANCIALS (BETA)
Next accounts due: 31-Oct-2025Accounts Filed: TOTAL EXEMPTION FULL (31-Jan-2024)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-Jan-2024 | GBP | 8,553 | 33,680 | 245,056 | 160,626 | 211,875 | -188,748 | 183,753 | |
31-Jan-2023 | GBP | 132,146 | 132,146 | 1,680 | 105,001 | 45,000 | -19,535 | 130,466 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|---|---|---|---|---|---|
31-Jan-2024 | GBP | 34.63% | 222,500 | 420,004 | 642,504 | 460,905 |
** Estimated based on average Cash and Debt levels during period
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
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DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Peter MCGOWAN | 01 Jun 2022 | Manager | British | 7 - 6 | 5 (38.5%) | |
Active | Denis Francis KINANE | 01 Jun 2022 | General Manager | British | 6 - 5 | 2 (18.2%) | |
Active | David William BRADY | 01 Jun 2022 | General Manager | Scottish | 1 - 0 | 0 (0.0%) | |
Active | Mark Joseph MACKIE | 01 Jun 2022 | General Manager | Scottish | 1 - 0 | 0 (0.0%) | |
Active | Mark Anthony WILSON | 01 Jun 2022 | Lawyer | Scottish | 1 - 1 | 1 (50.0%) | |
Active | David James St Clair LOW | 24 Feb 2022 | Manager | Irish | 8 - 25 | 16 (48.5%) |
Average tenure of active directors: 2.5 years
Average tenure of resigned directors: no resignations yet
Average active director Dissolution Rate: 25.9%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
SHAREHOLDERS (BETA)
No shareholder data available
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
ROCKVINYL.WORKS LIMITED
no controlled companies
LATE PAYMENTS REPORT
This company has not filed any late payment reports possibly because it is not considered \'Large\'.
COURT CASES
No Court Cases found
PATENTS
No Patents found
COMPETITORS
(Based on Sic code:
46431 Wholesale of audio tapes, records, CDs and video tapes and the equipment on which these are played)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|---|---|---|---|---|---|
WARNER MUSIC UK LIMITED | CANNON PLACE, 78, CANNON STREET, LONDON, ENGLAND, EC4N 6AF | 00680511 | 2017-09-29 | 197,397,000 | 18,846,000 |
59200-Sound recording and music publishing activities |
BOSE LIMITED | 16 DUFOUR’S PLACE, LONDON, UNITED KINGDOM, W1F 7SP | 01187672 | 2018-03-31 | 110,522,000 | 2,660,000 | |
POLAR AUDIO LIMITED | 19 MONTPELIER AVENUE, BEXLEY, KENT, DA5 3AP | 00957438 | 2017-12-31 | 11,975,721 | 0 | |
AMPREGEN LTD | 35 CHURCH STREET, DIDCOT, OXFORDSHIRE, OX11 8DG | 08523460 | 2018-05-31 | 3,819 | 0 |
47890-Retail sale via stalls and markets of other goods 47990-Other retail sale not in stores, stalls or markets 95210-Repair of consumer electronics |
HORIZON RECORDS LIMITED | 1ST FLOOR SOUTH DOWN HOUSE, STATION ROAD, PETERSFIELD, HAMPSHIRE, GU32 3ET | 05063552 | 2018-03-31 | 3,677 | 0 | |
ICONIX GROUP LIMITED | 46 LANDSBURG ROAD, CANVEY ISLAND, ENGLAND, SS8 8HW | 10012683 | 2018-02-17 | 2,902 | 0 |
47430-Retail sale of audio and video equipment in specialised stores 63110-Data processing, hosting and related activities |
FRESH RADIO 247 LTD | CARE OF ADDRESS 27A, 27A EASTFIELD ROAD, SOUTHAMPTON, HAMPSHIRE, UNITED KINGDOM, SO17 2JF | 10297905 | 2018-07-31 | 0 | 0 |
60100-Radio broadcasting 90020-Support activities to performing arts |
LIQUIDATION RISK (BETA)
This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis | Liquidation within 3 months | Liquidation within 6 months | Liquidation within 12 months | Prediction confidence |
---|---|---|---|---|
ROCKVINYL.WORKS LIMITED | 0.7% | 3.6% | 7.1% | Medium |
Other companies Active in the same sector | Too few competitors | |||
Age | 0.7% | 3.7% | 7.0% | Medium |
Company Type | 0.7% | 3.7% | 7.4% | Medium |
Accounts category | 0.5% | 2.1% | 4.2% | Medium |
Accounting Month | 0.6% | 2.2% | 6.7% | Medium |
Sic code count | 0.7% | 3.5% | 7.0% | Medium |