GEAR4MUSIC LIMITED
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Cash
£7.1m
+47.7% highest in 3 filed years
Net assets
£31m
+24.7% highest in 3 filed years
Employees
389
+10.5% highest in 3 filed years
Profit before tax
£9.3m
+4,730.6% highest in 3 filed years
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £143,312,000 | £145,516,000 | £189,417,000 | +30.2% | |
| Operating profit | £1,769,000 | £2,112,000 | £10,947,000 | +418.3% | |
| Profit before tax | -£453,000 | £193,000 | £9,323,000 | +4,730.6% | |
| Net profit | -£559,000 | -£180,000 | £6,410,000 | +3,661.1% | |
| Cash | £3,852,000 | £4,830,000 | £7,136,000 | +47.7% | |
| Total assets less current liabilities | £47,977,000 | £48,248,000 | £58,332,000 | +20.9% | |
| Net assets | £24,721,000 | £25,102,000 | £31,291,000 | +24.7% | |
| Equity | £24,721,000 | £25,102,000 | £31,291,000 | +24.7% | |
| Average employees | 382 | 352 | 389 | +10.5% | |
| Wages | £11,994,000 | £11,110,000 | £12,462,000 | +12.2% | |
| Directors' remuneration | £929,000 | £858,000 | £829,000 | -3.4% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Operating margin | 1.2% | 1.5% | 5.8% | |
| Net margin | -0.4% | -0.1% | 3.4% | |
| Return on capital employed | 3.7% | 4.4% | 18.8% | |
| Current ratio | 2.47x | 2.09x | 2.27x | |
| Interest cover | 0.78x | 1.04x | 5.91x |
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 3 times since incorporation
- GEAR4MUSIC LIMITED 2015-04-02 → present
- RED SUBMARINE LIMITED 2002-08-13 → 2015-04-02
- SUBMARINE MUSIC LIMITED 1995-10-25 → 2002-08-13
- SOUNDPRO LIMITED 1995-10-12 → 1995-10-25
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“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 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
- GEAR4MUSIC LIMITED · parent
- Gear4music Sweden AB 100%
- Gear4music GmbH 100%
- Gear4music Europe Limited 100%
- Gear4music Spain SL 100%
Significant events
- “Since the financial year-end on 1 April 2026, the Company entered into a 15-year lease for a 132,000 square foot facility near York. The site is currently being fitted out as an automated distribution centre.”
- “Cagney Limited is a dormant company and was dissolved on 21 April 2026.”
- “On 1 April 2026 the Company signed an agreement to lease SH131 at Sherburn 42 which would result in a lease liability after the balance sheet date of approximately £9.9m and corresponding asset of approximately £10.2m once the 15-year lease is signed.”
- “Related capital expenditure of £10.2m is expected to be incurred in FY27 of which £9.5m is committed.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SCOTT, Christopher David | Secretary | 2013-01-08 | — | — |
| BEVAN, Gareth John | Director | 2013-01-01 | May 1978 | British |
| NEWPORT, Robert John | Director | 2017-03-01 | Jan 1978 | British |
| SCOTT, Christopher David | Director | 2013-01-01 | Sep 1975 | British |
| WASS, Andrew Paul | Director | 1995-10-28 | Apr 1971 | British |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| NETTLETON, Stephen Michael | Secretary | 2001-04-02 | 2013-01-08 |
| WASS, Susan Ruth | Secretary | 1995-10-18 | 2001-04-02 |
| YORK PLACE COMPANY SECRETARIES LIMITED | Corporate Nominee Secretary | 1995-10-12 | 1995-10-18 |
| BULLOCK, Stephen Robert | Director | 2010-03-12 | 2012-03-19 |
| BURAS, Eleni | Director | 2020-12-14 | 2023-10-10 |
| FIELDHOUSE, David | Director | 2021-12-09 | 2023-06-30 |
| JOWETT, Nigel David Rippon | Director | 2001-04-02 | 2012-03-19 |
| MAHON, Charlotte Georgina | Director | 2019-07-16 | 2022-03-01 |
| MEAGER, Jonathan Richard | Director | 2017-03-01 | 2024-09-25 |
| NETTLETON, Stephen Michael | Director | 2012-03-19 | 2013-01-01 |
| NETTLETON, Stephen Michael | Director | 2001-04-02 | 2009-07-13 |
| WALDER, Thomas Oliver | Director | 2017-03-01 | 2020-07-23 |
| YORK PLACE COMPANY NOMINEES LIMITED | Corporate Nominee Director | 1995-10-12 | 1995-10-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Gear4music (Holdings) Plc | Corporate entity | Shares 50–75%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 197 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-08-20 RP04SH01 Legacy PDF
- 2025-07-15 MA Memorandum articles
- 2025-07-15 RESOLUTIONS Resolution
- 2025-03-07 MA Memorandum articles
- 2025-03-07 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-23 | AA | accounts | Accounts with accounts type full | |
| 2026-06-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-12-30 | AA | accounts | Accounts with accounts type full | |
| 2025-11-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-11-10 | CH01 | officers | Change person director company with change date | |
| 2025-11-10 | CH01 | officers | Change person director company with change date | |
| 2025-08-20 | RP04SH01 | change-of-name | Legacy | |
| 2025-07-21 | SH01 | capital | Capital allotment shares | |
| 2025-07-15 | MA | incorporation | Memorandum articles | |
| 2025-07-15 | RESOLUTIONS | resolution | Resolution | |
| 2025-04-07 | SH10 | capital | Capital variation of rights attached to shares | |
| 2025-04-07 | SH08 | capital | Capital name of class of shares | |
| 2025-03-07 | MA | incorporation | Memorandum articles | |
| 2025-03-07 | RESOLUTIONS | resolution | Resolution | |
| 2025-02-12 | SH08 | capital | Capital name of class of shares | |
| 2025-02-11 | SH10 | capital | Capital variation of rights attached to shares | |
| 2024-12-05 | AA | accounts | Accounts with accounts type full | |
| 2024-11-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-25 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-19 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 5
- 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.