TOWNSEND MUSIC LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-08-30
Confirmation statement due
2026-09-01 (in 4mo)
Last made up 2025-08-18
Watchouts
Cash
£9M
+3.4% vs 2023
Net assets
£5M
+24.2% vs 2023
Employees
47
+4.4% vs 2023
Profit before tax
£2M
+33.8% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Name history
Renamed 1 time since incorporation
- TOWNSEND MUSIC LIMITED 2003-08-27 → present
- SPEED 9711 LIMITED 2003-08-18 → 2003-08-27
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-08-30
| Metric | Trend | 2023-08-30 | 2024-08-30 |
|---|---|---|---|
| Turnover | £13,899,170 | £17,633,455 | |
| Operating profit | £1,099,488 | £1,471,539 | |
| Profit before tax | £1,277,905 | £1,710,111 | |
| Net profit | £1,003,231 | £1,275,837 | |
| Cash | £8,749,592 | £9,042,795 | |
| Total assets less current liabilities | £4,160,545 | £5,160,466 | |
| Net assets | £4,128,175 | £5,128,052 | |
| Equity | £4,128,175 | £5,128,052 | |
| Average employees | 45 | 47 | |
| Wages | £1,179,572 | £1,335,608 |
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 | 2023-08-30 | 2024-08-30 |
|---|---|---|---|
| Operating margin | 7.9% | 8.3% | |
| Net margin | 7.2% | 7.2% | |
| Return on capital employed | 26.4% | 28.5% | |
| Current ratio | 1.76x | 2.14x | |
| Interest cover | 18324.80x | — |
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
- Sumer Auditco Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Significant events
- “On 9 September 2024, the company allotted 2 E Ordinary shares of £0.01 each for consideration of £2,649.88, 1,368 C Ordinary shares of £0.01 each for consideration of £13.68 and 24 D Ordinary shares of £0.01 each for consideration of £0.24.”
- “On 9 September 2024, 100% of the company's share capital was acquired by Artone Holdings Ltd, a company incorporated in the United Kingdom, and from this date, became the immediate parent undertaking.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KAASSCHIETER, Johan Willem | Secretary | 2024-09-09 | — | — |
| LAMBREGTS, Johannes Petrus Nicolaas Maria | Secretary | 2024-09-09 | — | — |
| HORROCKS, Alban | Director | 2010-07-29 | Nov 1982 | English |
| KAASSCHIETER, Johan Willem | Director | 2024-09-09 | May 1979 | Dutch |
| LAMBREGTS, Johannes Petrus Nicolaas Maria | Director | 2024-09-09 | Mar 1970 | Dutch |
| MCKENZIE, Bruce | Director | 2003-08-21 | Aug 1967 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAMBER, Brenda | Secretary | 2003-08-21 | 2006-02-14 |
| BAMBER, Stephen | Secretary | 2006-02-14 | 2024-09-09 |
| WATERLOW SECRETARIES LIMITED | Corporate Nominee Secretary | 2003-08-18 | 2003-08-21 |
| BAMBER, Brenda | Director | 2003-08-21 | 2006-02-14 |
| BAMBER, Stephen | Director | 2003-08-21 | 2024-09-09 |
| QUINN, James | Director | 2010-07-29 | 2024-09-09 |
| WATERLOW NOMINEES LIMITED | Corporate Nominee Director | 2003-08-18 | 2003-08-21 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Artone Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-09-09 | Active |
| Mr Stephen Bamber | Individual | Shares 50–75%, Voting 50–75%, Appoints directors | 2016-04-06 | Ceased 2024-09-09 |
Filing timeline
Last 20 of 94 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-07-28 MA Memorandum articles
- 2023-07-28 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-08-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-05-02 | AA01 | accounts | Change account reference date company current extended | |
| 2025-04-30 | AA | accounts | Accounts with accounts type full | |
| 2025-02-05 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-02-04 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-09-24 | SH01 | capital | Capital allotment shares | |
| 2024-09-20 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-09-20 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-09-20 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-09-20 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-09-20 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-20 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-20 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-20 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-20 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-08-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-24 | AA | accounts | Accounts with accounts type full | |
| 2023-09-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-28 | MA | incorporation | Memorandum articles | |
| 2023-07-28 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 1
- 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
FY2023 → FY2024 · period ending 2024-08-30 vs 2023-08-30
-
Turnover
+26.9%
£13,899,170 £17,633,455
-
Cash
+3.4%
£8,749,592 £9,042,795
-
Net assets
+24.2%
£4,128,175 £5,128,052
-
Employees
+4.4%
45 47
-
Operating profit
+33.8%
£1,099,488 £1,471,539
-
Profit before tax
+33.8%
£1,277,905 £1,710,111
-
Wages
+13.2%
£1,179,572 £1,335,608
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