Songbirds Music UK CIC
Registered name: SONGBIRDS MUSIC UK CIC
Songbirds Music UK CIC made £87.9k revenue and a £1.7k loss in the year to 30 Jun 2024.
Songbirds Music UK CIC’s revenue grew 2% to £87.9k in the year to 30 Jun 2024, with a loss of £1.7k and 2 employees. The company is classified under “sound recording and music publishing activities” and is based in Salford; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Salford, North West
- Age
- 7 yrs · since 2019
- 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 | 30 Jun 2022 | 30 Jun 2023 | 30 Jun 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £70.2k | £86.3k | £87.9k |
| Cost of sales | £15.7k | £16.6k | £21.4k |
| Gross profit | £54.5k | £69.6k | £66.4k |
| Operating profit | £4.5k | £2.7k | −£1.7k |
| Profit before tax | £4.5k | £2.7k | −£1.7k |
| Profit after tax | £4.5k | £1.9k | −£1.7k |
| Profit (best available) | £4.5k | £1.9k | −£1.7k |
| Employees (average) | 2 | 2 | 2 |
| Ratios | |||
| Profit margin | 6.4% | 2.2% | −1.9% |
| Gross margin | 77.6% | 80.7% | 75.6% |
| Revenue per employee | £35.1k | £43.1k | £43.9k |
| Profit per employee | £2.2k | £930 | −£844 |
| Growth (year on year) | |||
| Revenue growth | — | ▲22.8% | ▲1.9% |
| Profit growth | — | ▼58.4% | ▼190.7% |
| Headcount growth | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £59.1k | £58.5k | £48.5k |
| Net assets | £5.2k | £7.1k | £5.4k |
| Fixed assets | £3.4k | £1.7k | £36 |
| Current assets | £59.1k | £69.8k | £48.9k |
| Debtors | £0 | £11.3k | £433 |
| Deferred income | £56k | £60.8k | £40.4k |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Dec 2024 |
How the business works
- Profit margin
- −1.9%
- Profit ÷ revenue.
- Gross margin
- 75.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £43.9k
- Revenue ÷ average employees.
- Profit per employee
- −£844
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 46%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.5%
- 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
- ▼24%
- Now £5.4k
- Cash at bank
- ▼17%
- Now £48.5k
- Headcount
- 0%
- Now 2
- Deferred income
- ▼33%
- Now £40.4k
- Fixed assets
- ▼98%
- Now £36
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- War Child Trading LimitedLondon · Sound recording and music publishing activities
- Revenue
- £104k
- Profit
- £10.1k
- Staff
- —
- Blueshift Developments LimitedSound recording and music publishing activities
- Revenue
- £107k
- Profit
- £3.1k
- Staff
- 0
- Turbo House LtdBristol · Sound recording and music publishing activities
- Revenue
- £109k
- Profit
- £30.1k
- Staff
- 1
- Bxcellence Community Interest CompanyBristol · Sound recording and music publishing activities
- Revenue
- £109k
- Profit
- £26.2k
- Staff
- 0
- The Btspod LimitedCroydon · Sound recording and music publishing activities
- Revenue
- £110k
- Profit
- £48.5k
- Staff
- 3
- Layered Sounds CICLiverpool · Sound recording and music publishing activities
- Revenue
- £115k
- Profit
- £20.7k
- Staff
- 0
Sources
Latest figures from FullAccounts for the year to 30 Jun 2024 (profit −£1.7k), from the Companies House accounts bulk data published Dec 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.