Cooking Vinyl Limited

Cooking Vinyl Ltd, based in London, UK, is a small holding company with an active status, celebrating 38 years in business. Established in 1986, it employs 27 people and holds assets worth £4,478,336. While it has a registered address, fourteen companies share the same location, suggesting a virtual address. The company is overseen by two directors and owned by two individuals, although the ownership list changed five months ago, which is a good sign.

Primarily, Cooking Vinyl operates as a record label, home to a diverse range of artists including Shed Seven, Razorlight, and Passenger. It provides artist services and distribution deals, actively partnering with digital organizations. Its website highlights a focus on artist development and promotion, rather than direct e-commerce sales. The label’s website showcases its artist roster and recent news, demonstrating a strong emphasis on music industry engagement.

Financially, Cooking Vinyl Ltd’s numbers show some interesting trends. Accrued liabilities increased by 62%, while net assets decreased by 35%, dropping to £200,000. Bank borrowings surged by 38%, reaching £280,000, and cash reserves fell 120% to £900,000. Trade debtors increased by 39%, suggesting a possible delay in customer payments. Despite these fluctuations, the company’s small size (meeting two of three conditions for a small company) allows for agility. The lack of a mentioned auditor, likely due to its small size, means the financial statements are unaudited.

The company regularly imports electrical machinery and equipment, with 18 months of import activity recorded, and exports the same equipment, with 44 months of export activity. These import and export activities suggest a focus on international music distribution and artist promotion.

Registered in England/Wales under the registration number 02045353, with a registered address at NW1 9QS, England, London, Camden Gateway, 349 Royal College Street.

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