Republic Of Music Limited

Republic of Music Limited, based in Hove, UK, is a small, family-run business with an active status, celebrating eighteen years since its founding in 2006. Employing thirty-two people, the company holds £3,310,974 in assets, operating from a virtual address shared by numerous other companies – a bit unusual, really. With four directors and two owners (though the full list of owners may be larger), the company has a solid Google rating of 4.0 based on six reviews. They regularly import and export electrical machinery and equipment, with a history of sixty-two months of imports and seventy-two months of exports.

The company’s website, republicofmusic.co.uk, showcases a vibrant independent music distribution and label services business. They provide a wide range of services to labels, artists, and managers worldwide, from digital and physical distribution to manufacturing, synchronisation, and data analytics. The site highlights several labels they work with, including Holodeck City Slang, Breakbeat Kaos, and !K7, and features a "News" section showcasing new releases and promotions. It's clear they're focused on supporting independent artists and labels, offering a comprehensive suite of services to help them reach a global audience.

Financially, Republic of Music Limited presents a mixed picture. While cash reserves increased by a healthy 53% to £1.2 million, current assets also grew by 86% to £3.3 million. However, equity took a significant hit, decreasing by 51% to £120,000. Trade debtors have also increased dramatically, ballooning by 110% to £2.2 million, which could indicate a reliance on customer payments. Creditors, on the other hand, have risen sharply by 410% to £1.4 million – a worrying trend. The company’s small size (meeting two of three criteria for a small company) helps keep costs down, but the decline in equity and the increase in debt are points to watch. There’s no auditor mentioned, which is common for small companies exempt from an audit. It’s a bit of a bumpy ride, but Republic of Music Limited seems to be navigating the challenges of the music industry with a focus on independent artists and a diverse range of services.

Registered in England/Wales under the registration number 05991787, with a registered address at BN3 4EL, United Kingdom, Hove, East Sussex, The Old Bank, 257 New Church Road.

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