PINK FLOYD MUSIC LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102 §1A

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Riches & Company

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. PINK FLOYD MUSIC LIMITED · parent
   1. Pink Floyd Records Limited 1% · England and Wales · music publishing
   2. PFM Exhibitions Limited 1% · England and Wales · event and exhibition management

Significant events

• “During the financial year, the company experienced a modest decline in turnover, with revenue decreasing by 12.7% to £26.9 million (2023: £30.8 million). The decrease primarily reflects the absence of reissued material in the year, the timing of sync licensing deals and fluctuations in royalty receipts from international markets.”
• “Despite the reduction in turnover, gross profit rose significantly to £15.7 million (2023: £0.6 million). This improvement is primarily attributable to the acquisition of Pink Floyd Music Limited by Sony Music Entertainment (SME), which meant service fees were no longer payable to the band members (or their respective companies).”
• “On 30 September 2024, the Company was sold to SME Two Limited under a locked box arrangement effective from 30 June 2023. The transaction was approved post year-end and included termination of historic service arrangements and related IP agreements.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -12.6%

  £30,809,044 → £26,932,289

• Cash

  +378.1%

  £1,117,472 → £5,342,591

• Net assets

  +10,884,270%

  £100 → £10,884,370

• Employees

  0%

  3 → 3

• Operating profit

  +67,800%

  -£21,372 → £14,468,844

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers