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Company No. 01766113 · Incorporated 1 Nov 1983

Mute Records Limited

Registered name: MUTE RECORDS LIMITED

Part of BMG Rights Management (UK) Limited group

Mute Records Limited made £5.7m revenue and £1.4m profit in the year to 31 Dec 2025.

Mute Records Limited’s revenue fell 10% to £5.7m in the year to 31 Dec 2025, with £1.4m profit and 0 employees. The company is classified under “artistic creation” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection R · Arts, entertainment and recreationSIC 90030Artistic creation
Status
Active
Location
London, London
Age
42 yrs · since 1983
Type
Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2025

Key figures

Small teamCapital-light
Revenue
£5.7m
Growth ▼10.1%
Profit
£1.4m
Growth ▲0.9%
Profit margin
24.5%
Gross 39.9%
Employees
0
Change —
Profit / employee
—
 
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202431 Dec 2025
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£6.4m£5.7m
Cost of sales£3.8m£3.4m
Gross profit£2.5m£2.3m
Operating profit£1.7m£1.6m
Profit before tax£1.9m£2m
Profit after tax£1.4m£1.4m
Profit (best available)£1.4m£1.4m
Employees (average)00
Ratios
Profit margin21.8%24.5%
Gross margin40%39.9%
Growth (year on year)
Revenue growth—▼10.1%
Profit growth—▲0.9%
Balance sheet — indirect signals, not revenue
Net assets£5.2m£6.6m
Fixed assets£23k£17k
Current assets£8.4m£9.6m
Debtors£0£46k
Deferred income£2.3m£2.3m
SourceFullAccounts · bulk data Jul 2026FullAccounts · bulk data Jul 2026
Derived from the latest filing

How the business works

Profit margin
24.5%
Profit ÷ revenue.
Gross margin
39.9%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
—
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.3%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
40.7%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
0.8%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
▲27%
Now £6.6m
Cash at bank
—
Now —
Headcount
—
Now 0
Deferred income
▼0%
Now £2.3m
Fixed assets
▼26%
Now £17k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. BMG Rights Management (UK) Limitedultimate parent75–100%
  2. Mute Records Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (25)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.4m), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.