PRAISE MUSIC LIMITED
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Cash
—
Latest balance sheet
Net assets
-£589K
-1.5% vs 2024
Employees
0
Average over period
Profit before tax
-£8.8K
-194.1% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Profit before tax
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-04-30
| Metric | Trend | 2024-04-30 | 2025-04-30 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £15,982 | £14,265 | -10.7% | |
| Operating profit | — | — | — | |
| Profit before tax | £9,311 | -£8,762 | -194.1% | |
| Net profit | £9,311 | -£8,762 | -194.1% | |
| Cash | — | — | — | |
| Total assets less current liabilities | — | — | — | |
| Net assets | — | — | — | |
| Equity | -£580,648 | -£589,410 | -1.5% | |
| Average employees | 0 | 0 | — | |
| Wages | — | — | — | |
| Directors' remuneration | — | — | — |
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 | 2024-04-30 | 2025-04-30 |
|---|---|---|---|
| Net margin | 58.3% | -61.4% |
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
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“For these reasons, the director considers that the company will continue to trade, and has access to sufficient appropriate resources to meet its liabilities as they fall due, for at least twelve months from the date of approval of these financial statements, and have thus prepared the financial statements on a going concern basis.”
Significant events
- “There were no post balance sheet events to report.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| EACOTTS INTERNATIONAL LIMITED | Corporate Secretary | 2017-07-19 | — | — |
| ASHLEY, Oliver Carl Wallace | Director | 2017-07-19 | May 1990 | Swedish |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| O A Industries Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-07-01 | Active |
| Mr Oliver Carl Wallace Ashley | Individual | Significant influence | 2017-07-19 | Active |
Filing timeline
Last 20 of 24 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-29 | AA | accounts | Accounts with accounts type full | |
| 2025-07-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-01 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-02-04 | AA | accounts | Accounts with accounts type full | |
| 2024-07-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-07 | AA | accounts | Accounts with accounts type full | |
| 2023-07-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-06 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-07-06 | CH01 | officers | Change person director company with change date | |
| 2023-02-01 | AA | accounts | Accounts with accounts type full | |
| 2022-07-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-03 | AA | accounts | Accounts with accounts type full | |
| 2021-07-19 | AA | accounts | Accounts with accounts type full | |
| 2021-07-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-07-14 | AA | accounts | Accounts with accounts type full | |
| 2020-07-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-06-25 | PSC05 | persons-with-significant-control | Change to a person with significant control without name date | |
| 2020-04-14 | AA01 | accounts | Change account reference date company previous shortened | |
| 2020-01-20 | AA01 | accounts | Change account reference date company previous shortened | |
| 2019-07-03 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.