London Gospel Music Company C.I.C.
Registered name: LONDON GOSPEL MUSIC COMPANY C.I.C.
London Gospel Music Company C.I.C. made £80.1k revenue and a £4.9k loss in the year to 31 May 2025.
London Gospel Music Company C.I.C.’s revenue grew 23% to £80.1k in the year to 31 May 2025, with a loss of £4.9k and 6 employees. The company is classified under “performing arts” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 11 yrs · since 2015
- 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 May 2022 | 31 May 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £76.8k | £64.9k | £80.1k |
| Cost of sales | — | £11.7k | £14.4k | £15.3k |
| Gross profit | — | £65k | £50.4k | £64.8k |
| Operating profit | — | −£2.6k | −£4.6k | −£4.9k |
| Profit before tax | — | −£2.6k | −£4.6k | −£4.9k |
| Profit after tax | — | −£2.6k | −£4.6k | −£4.9k |
| Profit (best available) | — | −£2.6k | −£4.6k | −£4.9k |
| Employees (average) | 6 | 5 | 6 | 6 |
| Ratios | ||||
| Profit margin | — | −3.4% | −7% | −6.1% |
| Gross margin | — | 84.7% | 77.8% | 80.8% |
| Revenue per employee | — | £15.4k | £10.8k | £13.4k |
| Profit per employee | — | −£527 | −£759 | −£818 |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▼15.5% | ▲23.5% |
| Headcount growth | — | ▼16.7% | ▲20% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.4k | £87 | £602 | £1.1k |
| Net assets | £4k | £1.9k | −£3.2k | −£8.3k |
| Fixed assets | £7.2k | £6.2k | £7.1k | £5.8k |
| Current assets | £4.3k | £7.8k | £11.9k | £13.2k |
| Debtors | £2.2k | £6.9k | £8.4k | £9.2k |
| Deferred income | — | — | £159 | £159 |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data May 2025 | FullAccounts · bulk data May 2026 |
How the business works
- Profit margin
- −6.1%
- Profit ÷ revenue.
- Gross margin
- 80.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £13.4k
- Revenue ÷ average employees.
- Profit per employee
- −£818
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 7.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 11.5%
- 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
- —
- Now −£8.3k
- Cash at bank
- ▲85%
- Now £1.1k
- Headcount
- 0%
- Now 6
- Deferred income
- 0%
- Now £159
- Fixed assets
- ▼19%
- Now £5.8k
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 May 2025 (profit −£4.9k), from the Companies House accounts bulk data published May 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.