Vinyl Factory Productions Limited

Vinyl Factory Productions Ltd, based in Lincoln, UK, is a small holding company with an active status, celebrating 21 years since its founding. Employing just three people, the company holds £1,089,167 in assets and operates from a virtual address, managed by one director and two owners. It boasts a stellar 5.0 Google rating based on 20 reviews.

The Vinyl Factory is a multifaceted enterprise, encompassing a record label, pressing plant, and online magazine. Its website showcases a curated selection of vinyl releases, including limited editions and soundtracks from artists like Wes Anderson and Skepta, alongside live sessions and exhibitions. The company's primary activities involve wholesale and retail of audio recordings and equipment, as well as book publishing. It also operates a pressing plant, producing vinyl records for various artists and labels.

Financially, Vinyl Factory Productions Ltd presents a mixed picture. While current assets increased by 6.8% to £1,100,000, net assets decreased by 10% to -£2,100,000. Bank borrowings decreased by 37% to £17,000, and cash reserves increased by 130% to £3,400. Trade debtors increased by a significant 140% to £20,000, suggesting potential challenges in collecting payments. The company’s small size (meeting two of three conditions for being a small company) allows for flexibility, but the declining equity raises questions about its long-term sustainability. The financial statements are unaudited, as is typical for small companies.

The company's auditor is Wright Vigar Limited. It's worth noting that the company’s reliance on intangible assets, which decreased by 41% to £3,300, could be a factor in its financial performance. Overall, Vinyl Factory Productions Ltd appears to be navigating a complex landscape, balancing its diverse operations with financial pressures.

Registered in England/Wales under the registration number 04786139, with a registered address at LN1 1XG, Lincoln, 15 Newland.

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