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TIGHT LINES MUSIC C.I.C. Financials

Company number
11995908Copy
Copy
Registered office
6 Stonebridge Grove, Farnley, Leeds, West Yorkshire LS12 5AP
Incorporated
14/05/2019

Company snapshot

Status
Active
Employees
5 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£984.002024
8.25%vs 2023

2023: £909.00

Total Assets

£3.02K2024
146.78%vs 2023

2023: £1.23K

Cash in Bank

£3.02K2024
146.78%vs 2023

2023: £1.23K

Total Liabilities

£2.04K2024
545.25%vs 2023

2023: £316.00

Employees

52024
0vs 2023

2023: 5

In 2024, TIGHT LINES MUSIC C.I.C. reported net assets of £984.00. The same filing shows total assets of £3.02K, cash in bank of £3.02K and total liabilities of £2.04K. Reported headcount was 5 in 2024. Total Assets rose from £1.23K in 2023 to £3.02K in 2024 (146.78%). 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

£984.002024
8.25%from £909.00 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 TIGHT LINES MUSIC C.I.C. filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£441.002022£984.002024
+123%vs 2022

+49.4% a year compound (CAGR)

Cash in Bank

£708.002022£3.02K2024
+327%vs 2022

+107% a year compound (CAGR)

Total Assets

£708.002022£3.02K2024
+327%vs 2022

+107% a year compound (CAGR)

Total Liabilities

£267.002022£2.04K2024
+664%vs 2022

+176% a year compound (CAGR)

Employees

5202252024
0%vs 2022

Biggest increase

Total Liabilities+664%

£267.00 in 2022 to £2.04K in 2024

Every measure that changed in TIGHT LINES MUSIC C.I.C.'s filings between 2022 and 2024 rose. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, with net assets, cash in bank and total assets climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from TIGHT LINES MUSIC C.I.C.'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
32.55%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
67.45%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
148.26%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
100.00%2024
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Revenue per employee
£2.48K2024
Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for TIGHT LINES MUSIC C.I.C. by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£697.00441.00909.00984.00
Total Assets£1.05K708.001.23K3.02K
Cash in Bank£1.05K708.001.23K3.02K
Total Liabilities£349.00267.00316.002.04K
Employees5555

TIGHT LINES MUSIC C.I.C. financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for TIGHT LINES MUSIC C.I.C. covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

TIGHT LINES MUSIC C.I.C. reported net assets of £984.00 for 2024. That compares with £909.00 in 2023, a change of 8.25%.

TIGHT LINES MUSIC C.I.C. reported total assets of £3.02K for 2024. That compares with £1.23K in 2023, a change of 146.78%.

TIGHT LINES MUSIC C.I.C. reported cash in bank of £3.02K for 2024. That compares with £1.23K in 2023, a change of 146.78%.

TIGHT LINES MUSIC C.I.C. reported 5 employees in 2024, compared with 5 in 2023.

Between 2022 and 2024, TIGHT LINES MUSIC C.I.C.'s net assets rose by 123%, cash in bank rose by 327%, total assets rose by 327% and total liabilities rose by 664%. Net assets compounded at 49.4% a year across the two years to 2024, from £441.00 to £984.00. Reported headcount went from 5 in 2022 to 5 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.