Modulate: Electronic Music, Mental Health CIC
Registered name: MODULATE: ELECTRONIC MUSIC, MENTAL HEALTH CIC
Modulate: Electronic Music, Mental Health CIC made £0 revenue and a £34 loss in the year to 31 Aug 2024.
Modulate: Electronic Music, Mental Health CIC’s revenue was £0 in the year to 31 Aug 2024, with a loss of £34 and 7 employees. The company is classified under “sound recording and music publishing activities” and is based in Brighton; we hold 3 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Brighton, South East
- Age
- 6 yrs · since 2020
- 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 Aug 2022 | 31 Aug 2023 | 31 Aug 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £23 | £0 | £0 |
| Cost of sales | £176 | £0 | £0 |
| Gross profit | −£153 | £0 | £0 |
| Operating profit | −£632 | −£13 | −£34 |
| Profit before tax | −£632 | −£13 | −£34 |
| Profit after tax | −£632 | −£13 | −£34 |
| Profit (best available) | −£632 | −£13 | −£34 |
| Employees (average) | 7 | 7 | 7 |
| Ratios | |||
| Profit margin | −2748% | — | — |
| Gross margin | −665.2% | — | — |
| Revenue per employee | £3 | £0 | £0 |
| Profit per employee | −£90 | −£2 | −£5 |
| Growth (year on year) | |||
| Revenue growth | — | ▼100% | — |
| Headcount growth | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £207 | £207 | £285 |
| Net assets | £4.2k | £4.7k | £4.5k |
| Fixed assets | £4.5k | £4.5k | £4.2k |
| Current assets | £207 | £207 | £285 |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2025 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £0
- Revenue ÷ average employees.
- Profit per employee
- −£5
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- ▼5%
- Now £4.5k
- Cash at bank
- ▲38%
- Now £285
- Headcount
- 0%
- Now 7
- Deferred income
- —
- Now —
- Fixed assets
- ▼7%
- Now £4.2k
Similar profitable businesses
- Domino Music Group LimitedLondon · Sound recording and music publishing activities
- Revenue
- £48.1m
- Profit
- £6.2m
- Staff
- 112
- One Media IP Group PLCIver Heath · Sound recording and music publishing activities
- Revenue
- £4.8m
- Profit
- £1m
- Staff
- —
- Rak Publishing LimitedLondon · Sound recording and music publishing activities
- Revenue
- £2.5m
- Profit
- £915k
- Staff
- 2
- Real World Productions LimitedCorsham · Sound recording and music publishing activities
- Revenue
- £663k
- Profit
- £414k
- Staff
- —
- Warp Group LimitedLondon · Sound recording and music publishing activities
- Revenue
- £19.5m
- Profit
- £406k
- Staff
- —
- Ditto LtdLiverpool · Sound recording and music publishing activities
- Revenue
- £9.9m
- Profit
- £281k
- Staff
- 88
Sources
Latest figures from FullAccounts for the year to 31 Aug 2024 (profit −£34), from the Companies House accounts bulk data published May 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.