Greensleeves Records Limited

Greensleeves Records Ltd from London UK: a small company, holding company, active status, founded 59 years ago, with two employees, holding £1,739,230 in assets, operating from a virtual address, managed by three directors, and owned by one individual. It’s an irregular importer of printed materials like books, newspapers, and pictures, with just one month of imports recorded dating back to August 2018.

The company's website paints a picture of a vibrant music label dedicated to reggae and dub music. It's a hub for discovering artists, exploring new releases, and attending events. The site showcases a wide range of music, from classic albums to new collaborations, and even features a channel dedicated to Iration Steppas Dubs From The Foundation. Beyond music, the site also highlights the label's involvement in the Blue Plaque scheme, celebrating its legacy and contribution to British music culture. It's clear the focus is on showcasing its catalogue and engaging with fans. The site has a mailing list signup, and a search function to explore artists, records, and events.

Financially, Greensleeves Records Ltd presents a mixed picture. Current assets increased by a substantial 29%, reaching £1,700,000, while net assets also rose by 17%, settling at £360,000. However, bank borrowings increased significantly by 73%, reaching £630,000—a notable shift. Cash reserves, however, remained relatively stable at £890,000. Trade debtors also increased by 54%, suggesting a potential reliance on customer payments. 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, but the increase in borrowings warrants closer attention. There’s no mention of an auditor, which is likely due to its status as a small company.

Overall, Greensleeves Records Ltd seems to be navigating a period of growth, with increased assets and a thriving online presence. However, the rise in borrowings suggests a need for careful financial management. The company’s long history and dedication to reggae music ensure its continued relevance in the music industry.

Registered in England/Wales under the registration number 00871107, with a registered address at W1W 6XH, United Kingdom, London, 101 New Cavendish Street, 1st Floor South.

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