Cirius Music Ltd

Cirius Music Ltd is a small, active company registered in London, UK, founded sixteen years ago in 2008. The company, with three employees and £128,781 in assets, operates from a virtual address shared by 8933 other companies. It’s led by one director and one owner, Galbraith Justin.

The company specializes in retail sales through stalls, markets, mail order, and the internet, operating under the brand Cyrus Audio. Cyrus Audio is a high-end audio brand based in the UK, offering a range of pre-amplifiers, amplifiers, CD players, power supplies, turntables, and power amplifiers. The website highlights a new 40 Series of products, with demonstrations planned at dealer events and major shows. It also features a piano restoration division, 1066 Pianos, which operates independently from the music business.

Financially, Cirius Music Ltd shows some concerning trends. Current assets have decreased by 14%, falling to £130,000, while net assets have also dropped 17%, settling at £92,000. Cash reserves have also declined by 37%, leaving just £34,000 in the bank. Creditors have decreased by 5.2%, which is good, but the decline in equity suggests the company may be burning through cash. Tax liabilities have increased by a large 85%, which is a worry. The company’s small size (meeting two of three criteria for a small company) does offer some flexibility, but the declining equity and cash reserves need to be watched closely. No auditor is mentioned, which is typical for a small company.

Registered in England/Wales under the registration number 06754210, with a registered address at WC2A 2JR, England, London, 7 Bell Yard.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.