Terrible Merch Limited

Terrible Merch Limited is a small, active company based in London, UK, established nine years ago in February 2016. The company, which has two directors and two owners, employs just two people and holds assets valued at £1,505,071. It operates from a real address and is registered as a private limited company. Its core business revolves around the support activities to performing arts industries.

The company’s website, The School of Music Business, offers online courses focused on the music industry, including artist management, music marketing, and sync licensing. The site emphasizes live, expert-led courses with flexible options, personal coaching, and professional certification. It also provides a "Ultimate Music Industry Toolkit" and consultancy services. The school is a decade old and boasts a 5-star rating on Trustpilot.

Financially, Terrible Merch Limited presents a mixed picture. While cash reserves have increased by a healthy 47% to £230,000, current assets have seen a significant jump of 290% to £1,500,000. However, net losses have deepened to -£31,000. Bank borrowings have decreased by 16%, and creditors have increased substantially, particularly within the last year. Trade debtors have also risen dramatically, suggesting potential issues with customer payments. The company's small size (meeting two of three conditions for a small company) allows for agility, but the increased debt levels are something to keep an eye on. As a small company, it’s exempt from a full audit, relying on unaudited accounts.

Registered in England/Wales under the registration number 10009484, with a registered address at E2 8DY, England, London, Lower Ground South Stables, 138 Kingsland Road.

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