FUTURE WORLD MUSIC CREATION LTD Financials
- Company number
- 12321220CopyCopy
- Registered office
- 1st Floor 8b Lonsdale Gardens, Tunbridge Wells, Kent TN1 1NU
- Incorporated
- 19/11/2019
Company snapshot
- Status
- Active
- Employees
- 3 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
55.70%vs 20232023: £-50.71K
Total Assets
616.76%vs 20232023: £2.39K
Cash in Bank
2.28K%vs 20232023: £374.00
Total Liabilities
-25.40%vs 20232023: £53.10K
Employees
0vs 20232023: 3
In 2024, FUTURE WORLD MUSIC CREATION LTD reported net assets of £-22.46K. The same filing shows total assets of £17.15K, cash in bank of £8.91K and total liabilities of £39.61K. Reported headcount was 3 in 2024. Net Assets rose from £-50.71K in 2023 to £-22.46K in 2024 (55.70%). 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
55.70%from £-50.71K in 2023Year-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 FUTURE WORLD MUSIC CREATION LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Increasedvs 2022Cash in Bank
-61.7%vs 2022-38.1% a year compound (CAGR)
Total Assets
-39.1%vs 2022-21.9% a year compound (CAGR)
Total Liabilities
-59.9%vs 2022-36.6% a year compound (CAGR)
Employees
0%vs 2022Biggest decrease
Cash in Bank-61.7%
£23.23K in 2022 to £8.91K in 2024
FUTURE WORLD MUSIC CREATION LTD's filings pull in both directions between 2022 and 2024. The steepest fall came in cash in bank, pointing to a tighter cash position, with total assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from FUTURE WORLD MUSIC CREATION LTD'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
- -130.95%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
- 230.95%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
- 22.48%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
- 51.92%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 FUTURE WORLD MUSIC CREATION LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | -69.32K | -70.52K | -50.71K | -22.46K |
| Total Assets£ | 3.82K | 28.15K | 2.39K | 17.15K |
| Cash in Bank£ | 6.00 | 23.23K | 374.00 | 8.91K |
| Total Liabilities£ | 73.14K | 98.66K | 53.10K | 39.61K |
| Employees | 3 | 3 | 3 | 3 |
FUTURE WORLD MUSIC CREATION LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for FUTURE WORLD MUSIC CREATION LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
FUTURE WORLD MUSIC CREATION LTD reported net assets of £-22.46K for 2024. That compares with £-50.71K in 2023, a change of 55.70%.
FUTURE WORLD MUSIC CREATION LTD reported total assets of £17.15K for 2024. That compares with £2.39K in 2023, a change of 616.76%.
FUTURE WORLD MUSIC CREATION LTD reported cash in bank of £8.91K for 2024. That compares with £374.00 in 2023, a change of 2.28K%.
FUTURE WORLD MUSIC CREATION LTD reported 3 employees in 2024, compared with 3 in 2023.
Between 2022 and 2024, FUTURE WORLD MUSIC CREATION LTD's cash in bank fell by 61.7%, total assets fell by 39.1%, total liabilities fell by 59.9% and employee numbers was unchanged. Cash in bank contracted at 38.1% a year across the two years to 2024, from £23.23K to £8.91K. Reported headcount went from 3 in 2022 to 3 in 2024.
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.