How much does Vinyl Space Limited make?

Vinyl Space Limited reported revenue of £8.2m and a loss of £199k in the year to 28 Feb 2025, according to its accounts filed at Companies House.

How many employees does Vinyl Space Limited have?

Vinyl Space Limited reported an average of 85 employees in the year to 28 Feb 2025.

Is Vinyl Space Limited profitable?

No — Vinyl Space Limited reported a loss of £199k in the year to 28 Feb 2025.

Company No. 04191465 · Incorporated 2 Apr 2001

Vinyl Space Limited

Registered name: VINYL SPACE LIMITED

Part of The Vinyl Factory Limited group

Vinyl Space Limited made £8.2m revenue and a £199k loss in the year to 28 Feb 2025.

Vinyl Space Limited’s revenue fell 19% to £8.2m in the year to 28 Feb 2025, with a loss of £199k and 85 employees. The company is classified under “hotels and similar accommodation” and is based in Lincoln; we hold 4 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 55100Hotels and similar accommodation SIC 68202Letting and operating of conference and exhibition centres SIC 68209Other letting and operating of own or leased real estate

Status: Active
Location: Lincoln, East Midlands
Age: 25 yrs · since 2001
Type: Private Limited Company

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 28 Feb 2025

Key figures

Revenue

£8.2m

Growth ▼19.1%

Profit

−£199k

Growth —

Profit margin

−2.4%

Gross 49.3%

Employees

Change ▼30.9%

Profit / employee

−£2.3k

Revenue/employee £96.8k

Profitable streak

0yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	28 Feb 2022	28 Feb 2023	29 Feb 2024	28 Feb 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£6.5m	£10m	£10.2m	£8.2m
Cost of sales	£2.9m	£5.7m	£5.6m	£4.2m
Gross profit	£3.6m	£4.3m	£4.5m	£4.1m
Operating profit	£91k	£201k	−£244k	−£198k
Profit before tax	£91k	£202k	−£244k	−£199k
Profit after tax	−£62.7k	£202k	−£244k	−£199k
Profit (best available)	−£62.7k	£202k	−£244k	−£199k
Staff costs	£3.9m	£4.3m	£3.8m	£2.9m
Employees (average)	131	142	123	85
Ratios
Profit margin	−1%	2%	−2.4%	−2.4%
Gross margin	55.1%	43.1%	44.6%	49.3%
Revenue per employee	£49.6k	£70.3k	£82.7k	£96.8k
Profit per employee	−£478	£1.4k	−£2k	−£2.3k
Growth (year on year)
Revenue growth	—	▲53.6%	▲1.9%	▼19.1%
Profit growth	—	—	▼220.7%	—
Headcount growth	—	▲8.4%	▼13.4%	▼30.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£207k	£19.8k	£159k	£73.7k
Net assets	£4.8m	£5m	£4.8m	£4.6m
Fixed assets	£8.8m	£9.8m	£9.3m	£8.4m
Current assets	£2.6m	£4.6m	£3.9m	£3.9m
Debtors	£193k	£245k	£213k	£189k
Source	Accounts · bulk data Mar 2024	Accounts · bulk data Mar 2024	FullAccounts · bulk data May 2025	FullAccounts · bulk data Jun 2026

Derived from the latest filing

How the business works

Profit margin: −2.4%; Profit ÷ revenue.
Gross margin: 49.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £96.8k; Revenue ÷ average employees.
Profit per employee: −£2.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 102.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 2.3%; 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: ▼4%; Now £4.6m
Cash at bank: ▼54%; Now £73.7k
Headcount: ▼31%; Now 85
Deferred income: —; Now —
Fixed assets: ▼9%; Now £8.4m

Corporate ownership

Group structure

Ownership chain

The Vinyl Factory Limitedultimate parent75–100%
Vinyl Space Limitedthis company

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

Sister companies (8)

The Store X LimitedRev. £10.3m · Profit −£224k
Alex Eagle Store LimitedFigures not disclosed
Marshall Street Regeneration LimitedRev. — · Profit −£3.5m
Vinyl Factory Manufacturing LimitedFigures not disclosed
Vinyl Factory Music LimitedFigures not disclosed
Vinyl Factory Productions LimitedFigures not disclosed
Vinyl Factory Publishing LtdFigures not disclosed
Vinyl Factory Records LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 28 Feb 2025 (profit −£199k), from the Companies House accounts bulk data published Jun 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.