LOCKED IN 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

Reporting scope

Standalone (parent only)

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The director has considered whether the going concern basis of accounting is appropriate with reference to the company's results for the year, cash flow forecasts and its financing via loans from its parent, O A Industries Limited. At the balance sheet date the company has net current liabilities and is loss making, being funded by loans from its parent. However, the director has concluded that the company has access to adequate resources which will enable it to continue in operational existence for the foreseeable future. These resources are detailed in the financial statements of the ultimate parent company, MASH Holdings Topco Limited, and the director of that entity has confirmed ongoing support for the company in writing for a period of no less than twelve months from the date the financial statements are approved. For these reasons, the director considers that the company will continue to trade, and has access to sufficient appropriate resources to meet its liabilities as they fall due, for at least twelve months from the date of approval of these financial statements, and have thus prepared the financial statements on a going concern basis.”

Significant events

• “No ordinary dividends were paid (2024: £nil). The director does not recommend payment of a final dividend.”
• “There were no post balance sheet events to report.”

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

  +138.4%

  £10,408 → £24,817

• Cash

  —

  Not reported

• Net assets

  -5%

  -£2,563,533 → -£2,691,883

• Employees

  —

  Not reported

• Operating profit

  +27.6%

  -£177,181 → -£128,350

• Profit before tax

  +27.6%

  -£177,181 → -£128,350

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