Soundplay Music Limited

Soundplay Music Ltd from Watford UK is a small, holding company with an active status, established eleven years ago in 2013. The company employs five people and holds £188,648 in assets, operating from a real address shared by five other businesses. It’s led by three directors, with one owner reported – though this list may not be exhaustive. Soundplay Music Ltd is an irregular importer, primarily dealing in toys, games, and sports equipment, with just one month of import activity recorded back in 2019.

The company's website reveals a fascinating blend of creative expression and musical experimentation. It seems to focus on sensory play, immersive music, and innovative workshops, catering to both disabled and non-disabled individuals. They offer inclusive sessions, events, and objects, often incorporating technology to weave together music, visuals, and sensory materials. There's a strong emphasis on collaboration and partnership, with a clear mission to create spaces and objects that encourage play and making. They even have a section dedicated to training and donations.

Financially, Soundplay Music Ltd presents a mixed picture. While cash reserves increased by a respectable 63%, reaching £84,000, other key metrics show some concerning trends. Net assets, however, dropped by 350%, to £6,900, and net current assets decreased by 51%, to £7,800. Trade debtors also plummeted by 88%, suggesting difficulties in collecting payments. Bank borrowings, however, surged by 2,400%, reaching £29,000. The company’s small size—meeting two of three conditions for being classified as small—helps it remain flexible, but the sharp decline in equity raises questions about its long-term sustainability. As a small company, it’s exempt from an audit, so the figures are unaudited. The company’s reliance on retained earnings, which decreased by 43%, also suggests a need for careful financial management.

Registered in England/Wales under the registration number 08655173, with a registered address at WD17 1HP, United Kingdom, Watford, C/O Hillier Hopkins First Floor, Radius House, 51 Clarendon Road.

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