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Blue Raincoat Music Limited

05075712

active
ltd
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

Unit 2, Victoria House 1 Leonard Circus, 64 Paul Street, London, EC2A 4DQ
Incorporated 16/03/2004

Previously known as

Arts Media Limited · until 05/07/2016
Whitfield Street Studios Limited · until 05/04/2004

Compliance

Last accounts

31/03/2025

small

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 11/08/2025

Due 25/08/2026

On track

Industry

59200
Sound recording and music publishing activities

Officers

Jeremy Lascelles

director · Since 21/09/2015

British · England · Age 71

Golnar Khosrowshahi

director · Since 05/06/2019

Canadian · United States · Age 54

Rell Quentin Lafargue Jr.

director · Since 05/06/2019

American · United States · Age 54

Former

Raymond Philip Bernstein

secretary · Resigned 21/09/2015

Raymond Philip Bernstein

director · Resigned 21/09/2015

Robert Devereux

director · Resigned 05/06/2019

Christopher Norman Wright

director · Resigned 05/06/2019

Robin John Christian Millar

director · Resigned 31/12/2022

Persons with Significant Control

Reservoir Media Management, Inc.

75–100% shares
75–100% votes

200 Varick Street, Suite 801a, New York, 10014

Notified 05/06/2019

Former PSCs

Mr Jeremy Lascelles

Ceased 05/06/2019

Mr Hassan Khosrowshahi

Ceased 05/06/2019

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 ADMINISTRATIVE AGENT)

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

SUNTRUST BANK (AS SECURITY AGENT)

Created 16/10/2019Registered 23/10/2019

Change History

statusactive
2026-06-04

Active

typeltd
2026-06-04

Private Limited Company

address line1Unit 2, Victoria House 1 Leonard Circus
2026-06-04

UNIT 2, VICTORIA HOUSE 1 LEONARD CIRCUS

post townLondon
2026-06-04

LONDON

CompanyRankvs 1574+ SIC 59200 peers
62

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.47× · 2/20
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 strength25/25 pts

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

Employees15/15 pts

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

Liquidity2/20 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

£2.3M

Balance sheet strength

Cash

£75k

Cash in the bank

Net Current Assets

-£9.1M

Working capital

Current Assets

£8.1M

Current Liabilities

£17.3M

Fixed Assets

£11.4M

Debtors

£8.0M

Profit After Tax

£701k

31avg. employees+2

Tax at Year End

Corp tax£0

Balance Sheet

Intangible assets£1.2M
Assets less current liabilities£2.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.47+£49k
20230.40

Derived from filed accounts. Not audited figures.