Revolutions Records Limited
- Small
- Active
- 7 years
- £8,994 (assets)
- Real address
- 1 director
- 1 owner
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Revolutions Records Ltd from Blandford Forum UK: small company, active status, founded 7 years ago, £8,994 assets, real address, 1 director, 1 owner. The company operates in the retail sale of music and video recordings in specialised stores, the retail sale via mail order houses or via internet industries. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £8,994.
The company’s website, Revolution Records, is clearly focused on selling vinyl records. It’s an e-commerce site, with a clean design and a focus on “What’s Hot” – featuring artists like Fontaines DC and Eminem. They also highlight the resurgence of vinyl, fuelled by a younger audience and collectors. Beyond sales, the site emphasizes the history and quality of vinyl, arguing it provides a superior listening experience compared to digital formats. They even offer recycling and reselling advice, and have a "Join Our Revolution" club for newsletters. The site also mentions four physical stores and a focus on used classic vinyl in great condition.
Financially, Revolutions Records Ltd’s recent performance presents a mixed picture. While current assets increased by a modest 20% to £9,000, net assets remain low at just £2. Bank borrowings are not mentioned, and cash reserves are a meagre £490. Creditors decreased by 12%, which is a positive sign. The company’s small size and lack of employees (zero reported) allows for flexibility, but the low net assets and reliance on owner funding suggest a precarious position. No auditor is mentioned, meaning the figures are unaudited.
It seems Revolutions Records Ltd is navigating the challenges of a niche market. The company’s focus on vinyl and its online presence are strengths, but the limited financial resources and reliance on a single owner could be a concern. It's clear they're trying to capitalize on the vinyl revival, but whether they can sustain growth remains to be seen.
Registered in England/Wales under the registration number 11191457, with a registered address at DT11 7SE, United Kingdom, Blandford Forum, 24 Hambledon Gardens.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Roberts David Timothy
- 7 years
- 1
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- Roberts David Timothy
- 7 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Unaudited abridged accounts made up to 2024-02-28Download 7 pages pdf report
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Confirmation statement made on 2024-10-04 with no updatesDownload 3 pages pdf report
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Unaudited abridged accounts made up to 2023-02-28Download 13 pages pdf report
FAQ about Revolutions Records Limited
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