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ARMADA MUSIC UK LIMITED Financials

Company number
11136875Copy
Copy
Registered office
314 Old Street, London EC1V 9DR
Incorporated
08/01/2018

Company snapshot

Status
Active
Employees
15 (2024)
Latest financial data
2024
Accounts type
Small

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£190.75K2024
-4.37%vs 2023

2023: £199.47K

Total Assets

£269.97K2024
-10.75%vs 2023

2023: £302.48K

Cash in Bank

£133.72K2024
-20.10%vs 2023

2023: £167.37K

Total Liabilities

£79.22K2024
-23.10%vs 2023

2023: £103.01K

Employees

152024
+3vs 2023

2023: 12

In 2024, ARMADA MUSIC UK LIMITED reported net assets of £190.75K. The same filing shows total assets of £269.97K, cash in bank of £133.72K and total liabilities of £79.22K. Reported headcount was 15 in 2024. Cash in Bank fell from £167.37K in 2023 to £133.72K in 2024 (-20.10%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£190.75K2024
-4.37%from £199.47K in 2023

Year-on-year change

Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures ARMADA MUSIC UK LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£131.89K2022£190.75K2024
+44.6%vs 2022

+20.3% a year compound (CAGR)

Cash in Bank

£79.81K2022£133.72K2024
+67.6%vs 2022

+29.4% a year compound (CAGR)

Total Assets

£191.81K2022£269.97K2024
+40.7%vs 2022

+18.6% a year compound (CAGR)

Total Liabilities

£59.92K2022£79.22K2024
+32.2%vs 2022

+15% a year compound (CAGR)

Employees

82022152024
+87.5%vs 2022+7

Biggest increase

Employees+87.5%

8 in 2022 to 15 in 2024

Every indicator Okredo holds for ARMADA MUSIC UK LIMITED rose between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, with net assets, cash in bank, total assets and total liabilities climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from ARMADA MUSIC UK LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
70.66%2024
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Liabilities to total assets
29.34%2024
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Cash to liabilities
168.81%2024
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Cash to total assets
49.53%2024
Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for ARMADA MUSIC UK LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£120.84K131.89K199.47K190.75K
Total Assets£176.08K191.81K302.48K269.97K
Cash in Bank£91.33K79.81K167.37K133.72K
Total Liabilities£55.25K59.92K103.01K79.22K
Employees581215

ARMADA MUSIC UK LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for ARMADA MUSIC UK LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

ARMADA MUSIC UK LIMITED reported net assets of £190.75K for 2024. That compares with £199.47K in 2023, a change of -4.37%.

ARMADA MUSIC UK LIMITED reported total assets of £269.97K for 2024. That compares with £302.48K in 2023, a change of -10.75%.

ARMADA MUSIC UK LIMITED reported cash in bank of £133.72K for 2024. That compares with £167.37K in 2023, a change of -20.10%.

ARMADA MUSIC UK LIMITED reported 15 employees in 2024, compared with 12 in 2023.

Between 2022 and 2024, ARMADA MUSIC UK LIMITED's net assets rose by 44.6%, cash in bank rose by 67.6%, total assets rose by 40.7% and total liabilities rose by 32.2%. Net assets compounded at 20.3% a year across the two years to 2024, from £131.89K to £190.75K. Reported headcount went from 8 in 2022 to 15 in 2024 (+7).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.