The Association of Independent Music Limited
Registered name: THE ASSOCIATION OF INDEPENDENT MUSIC LIMITED
The Association of Independent Music Limited made £1.2m revenue and a £251k loss in the year to 31 Dec 2024.
The Association of Independent Music Limited’s revenue fell 8% to £1.2m in the year to 31 Dec 2024, with a loss of £251k and 13 employees. The company is classified under “activities of business and employers membership organizations” and is based in Lymington; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Lymington, South East
- Age
- 27 yrs · since 1998
- Type
- PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
Non-profit. It is limited by guarantee (typically an association, club or management company), so it isn't run for profit. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £1.1m | £1.2m | £1.3m | £1.2m |
| Cost of sales | £434k | £519k | £408k | £471k |
| Gross profit | £629k | £719k | £902k | £733k |
| Operating profit | −£41.7k | −£60.1k | — | — |
| Profit before tax | −£41.7k | −£60.1k | £90.6k | −£251k |
| Profit after tax | −£41.7k | −£60.1k | £90.6k | −£251k |
| Profit (best available) | −£41.7k | −£60.1k | £90.6k | −£251k |
| Employees (average) | 13 | 15 | 15 | 13 |
| Ratios | ||||
| Profit margin | −3.9% | −4.9% | 6.9% | −20.8% |
| Gross margin | 59.2% | 58.1% | 68.9% | 60.9% |
| Revenue per employee | £81.8k | £82.5k | £87.4k | £92.7k |
| Profit per employee | −£3.2k | −£4k | £6k | −£19.3k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲16.4% | ▲5.9% | ▼8.1% |
| Profit growth | — | — | — | ▼376.8% |
| Headcount growth | — | ▲15.4% | 0% | ▼13.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £714k | £718k | £572k | £174k |
| Net assets | £503k | £443k | £533k | £282k |
| Fixed assets | £12.1k | £7.9k | £7.1k | £5.9k |
| Current assets | £970k | £882k | £1m | £670k |
| Debtors | £250k | £80.5k | £435k | £204k |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- −20.8%
- Profit ÷ revenue.
- Gross margin
- 60.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £92.7k
- Revenue ÷ average employees.
- Profit per employee
- −£19.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 16.9%
- Money owed by customers. Low = customers pay quickly.
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
- ▼47%
- Now £282k
- Cash at bank
- ▼70%
- Now £174k
- Headcount
- ▼13%
- Now 13
- Deferred income
- —
- Now —
- Fixed assets
- ▼18%
- Now £5.9k
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£251k), from the Companies House accounts bulk data published Sep 2025. 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.