GEAR4MUSIC LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-11-14 (in 6mo)
Last made up 2025-10-31
Watchouts
None on the register
Cash
£5M
+25.4% vs 2024
Net assets
£25M
+1.5% vs 2024
Employees
352
-7.9% vs 2024
Profit before tax
£193K
+142.6% vs 2024
Name history
Renamed 3 times since incorporation
- GEAR4MUSIC LIMITED 2015-04-02 → present
- RED SUBMARINE LIMITED 2002-08-13 → 2015-04-02
- SUBMARINE MUSIC LIMITED 1995-10-25 → 2002-08-13
- SOUNDPRO LIMITED 1995-10-12 → 1995-10-25
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £143,312,000 | £145,516,000 | |
| Operating profit | £1,769,000 | £2,112,000 | |
| Profit before tax | -£453,000 | £193,000 | |
| Net profit | -£559,000 | -£180,000 | |
| Cash | £3,852,000 | £4,830,000 | |
| Total assets less current liabilities | £47,977,000 | £48,248,000 | |
| Net assets | £24,721,000 | £25,102,000 | |
| Equity | £24,721,000 | £25,102,000 | |
| Average employees | 382 | 352 | |
| Wages | £11,994,000 | £11,110,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 1.2% | 1.5% | |
| Net margin | -0.4% | -0.1% | |
| Return on capital employed | 3.7% | 4.4% | |
| Current ratio | 2.47x | 2.09x | |
| Interest cover | 0.78x | 1.04x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Having duly considered all of these factors and having reviewed the forecasts for the period to 30 June 2027, the Directors have a reasonable expectation that the Company has adequate resources to continue trading for the foreseeable future, and as such continue to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- GEAR4MUSIC LIMITED · parent
- Gear4music Sweden AB 100%
- Gear4music GmbH 100%
- Gear4music Europe Ltd 100%
- Gear4music Spain SL 100%
- Cagney Limited 100%
Significant events
- “in April 2025 acquired certain intangible assets including websites, trademarks, and commercial data and purchased stock with a cost value of £1.6 million, from the Administrators of the GAK Group (The Guitar, Amp & Keyboard Limited) for total consideration of £0.5 million”
- “in June 2025 acquired certain intangible assets including websites, trademarks, and commercial data and purchased stock with a cost value of £2.0 million, from the Administrators of the PMT Group (Jamm Co 2019 Limited and subsidiaries) for total consideration of £0.9 million.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SCOTT, Christopher David | Secretary | 2013-01-08 | — | — |
| BEVAN, Gareth John | Director | 2013-01-01 | May 1978 | British |
| NEWPORT, Robert John | Director | 2017-03-01 | Jan 1978 | British |
| SCOTT, Christopher David | Director | 2013-01-01 | Sep 1975 | British |
| WASS, Andrew Paul | Director | 1995-10-28 | Apr 1971 | British |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| NETTLETON, Stephen Michael | Secretary | 2001-04-02 | 2013-01-08 |
| WASS, Susan Ruth | Secretary | 1995-10-18 | 2001-04-02 |
| YORK PLACE COMPANY SECRETARIES LIMITED | Corporate Nominee Secretary | 1995-10-12 | 1995-10-18 |
| BULLOCK, Stephen Robert | Director | 2010-03-12 | 2012-03-19 |
| BURAS, Eleni | Director | 2020-12-14 | 2023-10-10 |
| FIELDHOUSE, David | Director | 2021-12-09 | 2023-06-30 |
| JOWETT, Nigel David Rippon | Director | 2001-04-02 | 2012-03-19 |
| MAHON, Charlotte Georgina | Director | 2019-07-16 | 2022-03-01 |
| MEAGER, Jonathan Richard | Director | 2017-03-01 | 2024-09-25 |
| NETTLETON, Stephen Michael | Director | 2012-03-19 | 2013-01-01 |
| NETTLETON, Stephen Michael | Director | 2001-04-02 | 2009-07-13 |
| WALDER, Thomas Oliver | Director | 2017-03-01 | 2020-07-23 |
| YORK PLACE COMPANY NOMINEES LIMITED | Corporate Nominee Director | 1995-10-12 | 1995-10-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Gear4music (Holdings) Plc | Corporate entity | Shares 50–75%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 195 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-08-20 RP04SH01 Legacy PDF
- 2025-07-15 MA Memorandum articles
- 2025-07-15 RESOLUTIONS Resolution
- 2025-03-07 MA Memorandum articles
- 2025-03-07 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-30 | AA | accounts | Accounts with accounts type full | |
| 2025-11-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-11-10 | CH01 | officers | Change person director company with change date | |
| 2025-11-10 | CH01 | officers | Change person director company with change date | |
| 2025-08-20 | RP04SH01 | change-of-name | Legacy | |
| 2025-07-21 | SH01 | capital | Capital allotment shares | |
| 2025-07-15 | MA | incorporation | Memorandum articles | |
| 2025-07-15 | RESOLUTIONS | resolution | Resolution | |
| 2025-04-07 | SH10 | capital | Capital variation of rights attached to shares | |
| 2025-04-07 | SH08 | capital | Capital name of class of shares | |
| 2025-03-07 | MA | incorporation | Memorandum articles | |
| 2025-03-07 | RESOLUTIONS | resolution | Resolution | |
| 2025-02-12 | SH08 | capital | Capital name of class of shares | |
| 2025-02-11 | SH10 | capital | Capital variation of rights attached to shares | |
| 2024-12-05 | AA | accounts | Accounts with accounts type full | |
| 2024-11-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-25 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-19 | AA | accounts | Accounts with accounts type full | |
| 2023-11-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-10-31 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 5
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+1.5%
£143,312,000 £145,516,000
-
Cash
+25.4%
£3,852,000 £4,830,000
-
Net assets
+1.5%
£24,721,000 £25,102,000
-
Employees
-7.9%
382 352
-
Operating profit
+19.4%
£1,769,000 £2,112,000
-
Profit before tax
+142.6%
-£453,000 £193,000
-
Wages
-7.4%
£11,994,000 £11,110,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers