No Studio Ltd

No Studio Ltd is a small, active company based in London, UK, founded nine years ago in 2016. It has a single employee and holds £225,872 in assets, operating from a virtual address shared by thousands of other companies. The company is led by a solo founder and director, Moretti Guido. It’s an irregular importer of art and antiques, with just one month of import activity recorded back in 2019.

The company’s website, joenostudio.co.uk, reveals a thriving recording studio specializing in underground and experimental music. Established in 2012, No Studio has worked with a diverse range of artists who have gone on to perform at major festivals and collaborate with respected labels. The site showcases a portfolio of recordings, highlighting the studio's expertise in capturing intense and innovative sounds. It's clear the studio is a hub for creative musicians seeking a unique recording experience.

Financially, No Studio Ltd presents a mixed picture. While its current assets remain stable at around £230,000, equity has dramatically shifted, with retained earnings dropping significantly to -£570,000. Bank cash has also decreased by 47% to £9,600. However, creditors have fallen by 66% to £14,000, suggesting improvements in managing short-term debts. Pension costs have increased by a substantial 91%, and staff costs have risen 7%, reflecting potential investment in personnel. The company's small size (meeting two of three criteria for a small company) allows it to remain nimble, but the large equity loss is a concern. As a small company, it's exempt from an audit, so the figures are unaudited.

Overall, No Studio Ltd seems to be a creative business facing financial challenges. The recording studio’s reputation and artistic focus are strengths, but the company needs to address its equity position to ensure long-term sustainability.

Registered in England/Wales under the registration number 10095498, with a registered address at EC1V 2NX, England, London, 124 City Road.

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