The State51 Conspiracy Ltd

The State51 Conspiracy Ltd is a large, active company based in London, UK, founded seventeen years ago in December 2007. It operates as a holding company with thirteen employees and holds assets totaling £5,403,467. The company has a real address at E2 7EF, England, London, 8-10 Rhoda Street, and is managed by two directors and one owner. It regularly imports and exports electrical machinery and equipment, with activity recorded for ten months.

The company's website reveals a multifaceted operation. While officially described as an “independent music house,” the site highlights several ventures, including “state51 Recordings” and “state51 Distribution.” It also features “state51 Atelier” and “state51 Factory,” suggesting creative and manufacturing activities. The website also mentions 2025, which is likely a project or release date. The company is registered in England and Wales with VAT registration number GB929758366.

Financially, The State51 Conspiracy Ltd shows a mixed picture. While net assets remained relatively stable at -£2 million, cash reserves dropped significantly by 30% to £1.6 million. Bank borrowings increased by 1,100% to £29,000, and administrative expenses surged by 110% to £2.6 million. Interestingly, trade debtors increased by 890%, which could indicate delayed customer payments or an expansion of credit terms. Creditors also rose by 35%, suggesting increased short-term liabilities. The company's small size (meeting two of three criteria for turnover under £36 million, assets under £18 million, and fewer than 250 employees) helps it stay agile, but the sharp equity drop raises questions. The company's auditor is Hardwick & Morris LLP.

Overall, The State51 Conspiracy Ltd appears to be navigating a period of change, with increased expenses and borrowing offsetting gains in other areas. The company's diverse ventures and focus on music and creative industries suggest a dynamic, but potentially challenging, business environment.

Registered in England/Wales under the registration number 06460702, with a registered address at E2 7EF, England, London, 8-10 Rhoda Street.

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