Ckut Limited

Ckut Ltd from Sheffield UK: a small, active company founded four years ago, employs one person, and holds £30,464 in assets. It’s a real address, managed by a single director and owner, and operates as a solo founder venture. The company’s status is active, and it was incorporated on June 09, 2020.

The website reveals a unique operation centered around the CKUT Music Dept, a project that produces and sells live music compilations via Bandcamp. It’s not your typical e-commerce site; instead, it functions as a platform for supporting independent artists and the CKUT radio station in Montreal. The site offers physical media – limited edition double cassettes and CDs – alongside digital downloads and streaming options. The focus is on live recordings, with the current compilation, "TOTAL ECLIPSE LIVE ON CKUT 90.3 FM," featuring a diverse range of experimental and alternative artists. The site’s language is passionate, emphasizing community support and artistic integrity, and it’s clear that CKUT Music Dept is more than just a business; it’s a labor of love.

Financially, Ckut Ltd presents a mixed picture. While current assets increased by 78% to £30,000, net assets declined significantly by 200% to -£4,200. Bank borrowings decreased by 4.4% to £820, and cash reserves rose by 21% to £1,200. Creditors increased by 9.5% to £51,000. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the negative equity raises concerns. The lack of an auditor (likely exempt as a small company) means the figures are unaudited.

It seems Ckut Ltd is facing some financial challenges, possibly due to the costs associated with producing and distributing physical media. However, the company’s commitment to supporting independent music and its unique business model suggest a strong foundation for long-term sustainability.

Registered in England/Wales under the registration number 12656131, with a registered address at S8 9NR, England, Sheffield, 3 Thorpe House Road.

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