SENTRIC MUSIC LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-10 (in 10mo)
Last made up 2026-02-24
Watchouts
None on the register
Cash
£3M
-76.1% vs 2023
Net assets
£9M
+5.4% highest in 6 filed years
Employees
107
+24.4% highest in 6 filed years
Profit before tax
£580K
-78.5% vs 2023
Net assets
10-year trend · vs Consumer Discretionary median
Accounts
10-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | £15,564,395 | — | £18,786,709 | — | £29,594,989 | — | £43,556,000 | — | £56,500,000 | £65,149,000 | |
| Operating profit | £306,637 | — | £501,561 | — | £1,290,827 | — | £1,687,000 | — | £2,625,000 | -£312,000 | |
| Profit before tax | £200,366 | — | £395,770 | — | £1,182,384 | — | £1,679,000 | — | £2,699,000 | £580,000 | |
| Net profit | £145,216 | — | £456,420 | — | £1,119,974 | — | £1,428,000 | — | £4,460,000 | £437,000 | |
| Cash | £1,803,612 | — | £5,767,891 | — | £12,297,595 | — | £10,232,000 | — | £13,689,000 | £3,272,000 | |
| Total assets less current liabilities | £2,666,471 | — | £3,180,560 | — | £3,201,902 | — | £3,657,000 | — | £8,167,000 | £8,554,000 | |
| Net assets | £867,241 | — | £1,361,160 | — | £2,031,134 | — | £3,657,000 | — | £8,117,000 | £8,554,000 | |
| Equity | £867,241 | £867,240 | £1,361,160 | £1,361,160 | £2,031,134 | £2,031,000 | £3,657,000 | £3,657,000 | £8,117,000 | £8,554,000 | |
| Average employees | 50 | — | 57 | — | 65 | — | 73 | — | 86 | 107 | |
| Wages | £1,151,590 | — | £1,679,786 | — | £2,342,688 | — | £2,946,000 | — | £4,036,000 | £5,224,000 | |
| Directors' remuneration | £237,967 | — | £303,721 | — | £465,276 | — | £683,000 | — | £624,000 | £471,000 |
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
+15.3%
£56,500,000 £65,149,000
highest in 6 filed years
-
Cash
-76.1%
£13,689,000 £3,272,000
-
Net assets
+5.4%
£8,117,000 £8,554,000
highest in 6 filed years
-
Employees
+24.4%
86 107
highest in 6 filed years
-
Operating profit
-111.9%
£2,625,000 -£312,000
lowest in 6 filed years
-
Profit before tax
-78.5%
£2,699,000 £580,000
-
Wages
+29.4%
£4,036,000 £5,224,000
highest in 6 filed years
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 | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | 2.0% | — | 2.7% | — | 4.4% | — | 3.9% | — | 4.6% | -0.5% | |
| Net margin | 0.9% | — | 2.4% | — | 3.8% | — | 3.3% | — | 7.9% | 0.7% | |
| Return on capital employed | 11.5% | — | 15.8% | — | 40.3% | — | 46.1% | — | 32.1% | -3.6% | |
| Current ratio | — | — | — | — | — | — | — | — | 1.06x | 1.05x | |
| Interest cover | 2.69x | — | 4.70x | — | 11.90x | — | 58.17x | — | — | — |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Langtons Professional Services Limited
- 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 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
- SENTRIC MUSIC LIMITED · parent
- Sentric Music Publishing Limited 100%
- Masstrax Music Limited 100%
- IQ Music Limited 100%
- Black Rock Publishing Limited 100%
Significant events
- “The business continued its positive trajectory in 2024. Year-on-year growth was impressive, with revenue 15% higher than 2023 and gross profit by 2% compared with the previous year.”
- “The business continued to invest in operating overheads, with continued investment in our teams to ensure we are set up for future growth including setting up new teams overseas. We are also now paying management fees to our parent company for use of their brand and other services. This has meant that EBITDA growth was lower than turnover, with EBITDA 90% lower.”
- “Since Sentric was acquired by Believe SA in 2023, we have developed a strategy to leverage Believe's successful global network and cross sell our publishing services to Believe customers who would benefit from our expertise. We have invested in the teams that will help us implement this strategy during 2024 and we will start to see the results of this during 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CHANDLER, Stuart Neil | Director | 2025-12-08 | Dec 1985 | British |
| MEEHAN, Christopher John | Director | 2006-02-24 | Jan 1985 | British |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COOPER, Philip | Secretary | 2014-02-13 | 2017-03-10 |
| DAVIDSON, Sarah | Secretary | 2006-02-24 | 2008-12-31 |
| BALANCE FINANCIAL MANAGEMENT | Corporate Secretary | 2009-01-01 | 2009-04-30 |
| CHAFFER, Daniel | Director | 2024-02-05 | 2025-12-08 |
| CHANDLER, Stuart Neil | Director | 2019-05-16 | 2023-10-09 |
| COOPER, Philip Roy | Director | 2006-02-24 | 2012-04-26 |
| DAVIDSON, Andrew John | Director | 2008-04-01 | 2021-08-19 |
| DAVIES, Martin William Oliver | Director | 2013-12-01 | 2022-11-18 |
| HUGHES, Michael Anthony | Director | 2012-04-26 | 2017-06-01 |
| INSKIP, Neil Patrick | Director | 2017-03-10 | 2022-05-04 |
| MCCAMLEY, Hugh Peter | Director | 2016-02-01 | 2023-10-09 |
| MILBOURN, Ian Leathley | Director | 2014-02-14 | 2017-06-01 |
| MORRISSEY, Paul Joseph | Director | 2012-04-26 | 2017-06-01 |
| NERI, Roberto Bruno | Director | 2022-05-04 | 2024-02-05 |
| VIDAL, Bastien Louis Albert | Director | 2022-05-04 | 2023-03-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Sentric Music Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-05-27 | Active |
| Bgf Gp Limited | Corporate entity | Shares 25–50% | 2017-03-10 | Ceased 2020-05-27 |
| Mr Christopher John Meehan | Individual | Significant influence | 2016-04-06 | Ceased 2020-05-27 |
| Mr Andrew John Davidson | Individual | Shares 25–50% | 2016-04-06 | Ceased 2020-05-27 |
| The North West Fund For Digital And Creative Lp | Corporate entity | Appoints directors | 2016-04-06 | Ceased 2019-09-10 |
Filing timeline
Last 20 of 141 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-03-25 MA Memorandum articles
- 2024-03-25 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-26 | CH01 | officers | Change person director company with change date | |
| 2026-01-15 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-19 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-17 | AA | accounts | Accounts with accounts type full | |
| 2025-03-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-20 | CH01 | officers | Change person director company with change date | |
| 2024-06-20 | AA | accounts | Accounts with accounts type full | |
| 2024-04-09 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-04-09 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-03-26 | SH08 | capital | Capital name of class of shares | |
| 2024-03-26 | SH10 | capital | Capital variation of rights attached to shares | |
| 2024-03-26 | SH10 | capital | Capital variation of rights attached to shares | |
| 2024-03-26 | SH10 | capital | Capital variation of rights attached to shares | |
| 2024-03-26 | SH10 | capital | Capital variation of rights attached to shares | |
| 2024-03-26 | SH10 | capital | Capital variation of rights attached to shares | |
| 2024-03-25 | MA | incorporation | Memorandum articles | |
| 2024-03-25 | RESOLUTIONS | resolution | Resolution | |
| 2024-02-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-05 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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.