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Chrysalis Records Limited

00938986

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
20/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • 7 outstanding charges (-10)

Details

VICTORIA HOUSE 1 LEONARD CIRCUS, LONDON, EC2A 4DQ
Incorporated 18/09/1968

Compliance

Last accounts

31/03/2025

small

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 14/09/2025

Due 28/09/2026

On track

Industry

90030
Artistic creation

Officers

Mr Jeremy Lascelles

director · Since 27/06/2016

MUSIC EXECUTIVE

BRITISH · ENGLAND · Age 71

Also on 3 other boards

Ms Golnar Khosrowshahi

director · Since 05/06/2019

CHIEF EXECUTIVE OFFICER

CANADIAN · UNITED STATES · Age 54

Also on 10 other boards

Mr Rell Quentin Lafargue Jr.

director · Since 05/06/2019

CHIEF OPERATING OFFICER

AMERICAN · UNITED STATES · Age 54

Also on 3 other boards

Persons with Significant Control

Blue Raincoat Music Limited

75–100% shares
75–100% votes
Appoint directors

Fifth Floor, Clareville House, 26-27 Oxendon Street, London, SW1Y 4EL

Reg: 5075712 · Companies House · Limited Company

Notified 05/07/2016

Charges7 outstanding

Charge
outstanding

TRUIST BANK

Created 03/06/2025Registered 04/06/2025
Charge
outstanding

TRUIST BANK

Created 16/12/2022Registered 21/12/2022
Charge
outstanding

TRUIST BANK (AS SUCCESSOR BY MERGER TO SUNTRUST BANK)

Created 07/12/2021Registered 10/12/2021
Charge
outstanding

TRUIST BANK (AS SUCCESSOR BY MERGER TO SUNTRUST BANK) AS ADMINISTRATIVE AGENT

Created 25/08/2021Registered 06/09/2021
Charge
outstanding

TRUIST BANK (AS SUCCESSOR BY MERGER TO SUNTRUST BANK) AS SECURITY AGENT

Created 28/07/2021Registered 05/08/2021
Charge
outstanding

SUNTRUST BANK (AS SECURITY AGENT)

Created 16/10/2019Registered 23/10/2019
Charge
outstanding

SUNTRUST BANK (AS ADMINISTRATIVE AGENT)

Created 16/10/2019Registered 23/10/2019
Charge
satisfied

KOBALT MUSIC COPYRIGHTS SARL

Created 01/08/2016Registered 16/08/2016Satisfied 07/06/2019
charge
satisfied

CITIBANK N.A. LONDON BRANCH (THE SECURITY AGENT)

Created 01/10/2008Registered 10/10/2008Satisfied 25/10/2012
charge
satisfied

CITIBANK, N.A., LONDON BRANCH (THE SECURITY AGENT)

Created 28/01/2008Registered 31/01/2008Satisfied 25/10/2012
charge
satisfied

C B S RECORDSA DIVISION OF CBS INC

Created 31/05/1985Registered 11/06/1985Satisfied 20/06/1989
charge
satisfied

SAMUEL MONTAGU & CO LIMITED

Created 16/01/1985Registered 18/01/1985Satisfied 09/06/1989
charge
satisfied

SAMUEL MONTAGU & CO LIMITED

Created 16/01/1985Registered 18/01/1985Satisfied 09/06/1989
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 30/03/1981Registered 09/04/1981Satisfied 06/06/2008

CompanyRankvs 7433+ SIC 90030 peers
52

Financial strength72th percentile among SIC peers · 18/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.04× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength18/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2024

Net Worth

£10k

Balance sheet strength

Cash

£1.1M

Cash in the bank

Net Current Assets

£401k

Working capital

Current Assets

£10.6M

Current Liabilities

£10.2M

Fixed Assets

£453k

Debtors

£7.8M

Profit After Tax

£40k

0avg. employees

Tax at Year End

Corp tax£0

Balance Sheet

Intangible assets£453k
Assets less current liabilities£854k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.04+£0
20231.05+£0
20221.06-£747k
20211.09+£747k
20200.71

Derived from filed accounts. Not audited figures.