Offside Agency Ltd

Offside Agency Ltd from Warrington UK is a small, active company founded 7 years ago on January 30, 2018. It’s a private limited company with a real address and two directors, one owner, and a solo founder. The company meets two of three conditions to be considered small: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

The agency operates in a diverse range of areas, including retail sale via mail order houses or via internet, transportation support, sound recording and music publishing, and support activities to performing arts industries. Its website, offsideagency.com, highlights its role as an independent booking agency and gigs promoter, representing well-known reggae, world music, jazz, and indie artists. They work internationally and have strong connections in the UK and Poland, collaborating with music festivals and organizing gigs. The site also features upcoming events and artist rosters, indicating a focus on live music delivery.

Financially, Offside Agency Ltd’s recent accounts present a mixed picture. Cash bank on hand has dropped significantly, falling 87% to just £24. Creditors have also increased considerably, rising to £10,000 within the last year. Equity has taken a hit, decreasing 48% to -£10,000. On the positive side, loans from directors have been cleared, and net assets have decreased, but net current assets are also down considerably. The company’s small size and lack of employees (zero reported) likely contribute to its agility, but the decline in equity and cash reserves suggests a need for careful financial management. There’s no auditor mentioned, which is common for small companies.

While the agency appears active in the music industry, its financial health is clearly facing challenges. Whether this is a temporary setback or a longer-term trend remains to be seen, but the company will need to maintain its connections and adapt to changing market conditions to ensure its survival.

Registered in England/Wales under the registration number 11178726, with a registered address at WA5 8QD, England, Warrington, 6 Livingstone Close, Old Hall.

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