Glowormrecording Ltd

Glowormrecording Ltd, based in Glasgow, UK, is a small, active company founded nine years ago. Employing just three people, it holds £14,377 in assets and operates from a real address in the city centre. With two directors and two owners—a family business—it boasts a stellar 5.0 Google rating based on five reviews. The company is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with just one month of import activity recorded as of December 2024.

The business functions as a high-end, multi-room recording studio complex, catering to both freelance engineers and producers. It's set up differently than most studios, supporting a wide pool of talent. Glowormrecording emphasizes a fresh, inclusive culture and collaborates with partners like Carrier Waves Mastering (audio mastering), Glo Music (digital label services), and Kutana Coffee (artisan coffee and baking) to offer a one-stop shop for creative projects. The website highlights a range of services, including studio rentals, equipment hire, and mastering, demonstrating a focus on providing a complete creative solution.

Financially, Glowormrecording Ltd presents a mixed picture. While the company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, there are some concerning trends. Creditors increased by 12% to £110,000, and net assets declined by 14% to £36,000. Bank borrowings, however, decreased by 52%, and cash reserves grew by 77% to £13,000. Trade debtors also saw a significant drop, suggesting improved cash flow management. With no auditor mentioned (likely exempt as a small company), the unaudited figures rely on director-reported data.

Overall, Glowormrecording Ltd seems to be navigating a period of change. While the studio's reputation and collaborative approach are strengths, the decline in equity and rising liabilities warrant close monitoring. The company’s ability to maintain its collaborative partnerships and attract both freelance talent and clients will be key to its long-term success.

Registered in Scotland under the registration number SC507884, with a registered address at G2 4DQ, Scotland, Glasgow, 226 West Regent Street.

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