Out Loud Music Community Interest Company
Registered name: OUT LOUD MUSIC COMMUNITY INTEREST COMPANY
Out Loud Music Community Interest Company made £39.2k revenue and a £124 loss in the year to 31 Jul 2023.
Out Loud Music Community Interest Company’s revenue fell 72% to £39.2k in the year to 31 Jul 2023, with a loss of £124 and 3 employees. The company is classified under “sound recording and music publishing activities” and is based in Ipswich; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Ipswich, East of England
- Age
- 12 yrs · since 2014
- Type
- Community Interest Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jul 2022 | 31 Jul 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £139k | £39.2k |
| Cost of sales | £366k | £110k |
| Gross profit | −£227k | −£70.6k |
| Operating profit | −£23.2k | £2.7k |
| Profit before tax | −£23.4k | £2.7k |
| Profit after tax | −£26.5k | −£124 |
| Profit (best available) | −£26.5k | −£124 |
| Employees (average) | 3 | 3 |
| Ratios | ||
| Profit margin | −19.1% | −0.3% |
| Gross margin | −163.1% | −179.8% |
| Revenue per employee | £46.4k | £13.1k |
| Profit per employee | −£8.8k | −£41 |
| Growth (year on year) | ||
| Revenue growth | — | ▼71.8% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £28.7k | £34.9k |
| Net assets | £35.9k | £35.8k |
| Fixed assets | £53.4k | £44.3k |
| Current assets | £94.6k | £91.3k |
| Debtors | £65.9k | £56.4k |
| Deferred income | £80.5k | £81.8k |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 |
How the business works
- Profit margin
- −0.3%
- Profit ÷ revenue.
- Gross margin
- −179.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £13.1k
- Revenue ÷ average employees.
- Profit per employee
- −£41
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 112.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 208.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 143.7%
- 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
- ▼0%
- Now £35.8k
- Cash at bank
- ▲22%
- Now £34.9k
- Headcount
- 0%
- Now 3
- Deferred income
- ▲2%
- Now £81.8k
- Fixed assets
- ▼17%
- Now £44.3k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 31 Jul 2023 (profit −£124), from the Companies House accounts bulk data published Jul 2024. 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.