MUSIC MARKETING SERVICES LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-02-10 (in 9mo)
Last made up 2026-01-27
Watchouts
None on the register
Cash
£5M
-17.1% vs 2023
Net assets
£12M
+15.3% vs 2023
Employees
35
+29.6% vs 2023
Profit before tax
£3M
+18% vs 2023
Net assets
2-year trend · vs Telecommunications median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £11,439,401 | £14,511,167 | |
| Operating profit | £2,413,367 | £2,832,432 | |
| Profit before tax | £2,450,204 | £2,891,946 | |
| Net profit | £1,929,357 | £2,700,798 | |
| Cash | £6,166,457 | £5,112,207 | |
| Total assets less current liabilities | £11,044,941 | £13,488,626 | |
| Net assets | £10,688,410 | £12,328,495 | |
| Equity | £10,688,410 | £12,328,495 | |
| Average employees | 27 | 35 | |
| Wages | £2,042,039 | £2,561,603 | |
| Directors' remuneration | £307,766 | £393,428 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+26.9%
£11,439,401 £14,511,167
-
Cash
-17.1%
£6,166,457 £5,112,207
-
Net assets
+15.3%
£10,688,410 £12,328,495
-
Employees
+29.6%
27 35
-
Operating profit
+17.4%
£2,413,367 £2,832,432
-
Profit before tax
+18%
£2,450,204 £2,891,946
-
Wages
+25.4%
£2,042,039 £2,561,603
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 21.1% | 19.5% | |
| Net margin | 16.9% | 18.6% | |
| Return on capital employed | 21.9% | 21.0% | |
| Gearing (liabilities / total assets) | 17.5% | 22.2% | |
| Current ratio | 6.12x | 4.69x | |
| Interest cover | 230.24x | 152.96x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- MUSIC MARKETING SERVICES LIMITED 1986-04-16 → present
- MIDDLEGUN LIMITED 1986-03-14 → 1986-04-16
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Kilsby & Williams LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- MUSIC MARKETING SERVICES LIMITED · parent
- Quial Digital NA inc 100%
- Worldcard (2000) Limited 100%
- Quial Limited 100%
- Quail Digital Gmbh 100%
Significant events
- “The Group has continued to invest in product development during the year with development costs increasing 715% to £3.73m (2023: £522k).”
- “The Group has also invested in operations, customer service, and sales & marketing to ensure continued growth and scalability as it expands further into Europe and into the US in 2025 and beyond.”
- “The Group has established a European entity Quail Digital GmbH to book and process its European sales and has set up a fulfilment base near Hamburg to house and dispatch shipments into European customers.”
- “The board's strategy for future growth is to increase the visibility and recurrence of earnings, and to develop new products & services complemented by profitable sales growth in geographic markets including the US and Europe and Asia.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DOWNES, Thomas Richard Glen | Director | — | Feb 1961 | United Kingdom |
| HARNETT, Laura | Director | 2019-12-19 | Oct 1977 | British |
| SWIRE, Rhoderick Martin | Director | 2013-11-01 | Mar 1951 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHOHAN, Shushil Kumar | Secretary | 2002-03-31 | 2013-12-01 |
| COPPING, Simon James | Secretary | 2014-09-24 | 2023-09-25 |
| DOWNES, Thomas Richard Glen | Secretary | — | 1995-12-31 |
| O BRIEN KENNEY, Michael Mahoney Paul | Secretary | 1997-10-21 | 2002-03-31 |
| RAYMOND, Louis | Secretary | 1994-11-30 | 1997-03-07 |
| CABLE, John Edward | Director | 2002-06-11 | 2012-06-27 |
| HOOD, Nicholas Roy | Director | 2011-10-05 | 2012-06-27 |
| JARMAN, Jonathan Stuart | Director | — | 2022-11-14 |
| JONES, Andrew Stewart Ross | Director | — | 2004-02-10 |
| STRAKER SMITH, Richard David | Director | — | 2012-06-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Thomas Richard Glen Downes | Individual | Shares 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 179 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-06 | AA | accounts | Accounts with accounts type group | |
| 2025-01-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-17 | AA | accounts | Accounts with accounts type group | |
| 2024-02-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-09-29 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-06-29 | AA | accounts | Accounts with accounts type group | |
| 2023-06-09 | SH06 | capital | Capital cancellation shares | |
| 2023-06-09 | SH03 | capital | Capital return purchase own shares | |
| 2023-02-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-11-17 | SH03 | capital | Capital return purchase own shares | |
| 2022-11-15 | TM01 | officers | Termination director company with name termination date | |
| 2022-10-24 | SH06 | capital | Capital cancellation shares | |
| 2022-07-13 | AA | accounts | Accounts with accounts type group | |
| 2022-02-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-08-11 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-05-29 | AA | accounts | Accounts with accounts type small | |
| 2021-01-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-01-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-07-22 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.