Recognition Music Limited
11425132
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 21/08/2025
Due 04/09/2026
Industry
Officers
director · Since 12/10/2021
DIRECTOR
BRITISH · UNITED KINGDOM · Age 33
Also on 1 other board
director · Since 14/04/2023
PRESIDENT & COO
BRITISH · UNITED KINGDOM · Age 45
Also on 34 other boards
director · Since 29/07/2024
CFO
BRITISH · UNITED KINGDOM · Age 49
Also on 30 other boards
director · Since 21/11/2024
MD, PORTFOLIO OPERATIONS
AMERICAN · UNITED KINGDOM · Age 45
Also on 1 other board
Persons with Significant Control
Lyra Bidco Limited
5th Floor, 20 Fenchurch Street, London, EC3M 3BY
Reg: 15680043 · Companies House · Private Limited Company
Notified 10/06/2025
Former PSCs
Mr Merck Mercuriadis
Ceased 29/07/2024
Mr Stephen Allen Schwarzman
Ceased 10/06/2025
Charges0 outstanding
COUTTS & COMPANY
CompanyRankvs 6560+ SIC 82990 peers73
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d
Key FinancialsYear ending 31/12/2023
Net Worth
£3.6M
Balance sheet strength
Cash
£1.6M
Cash in the bank
Profit Before Tax
-£5.2M
Bottom line earnings
Net Current Assets
£2.7M
Working capital
Current Assets
£4.8M
Current Liabilities
£2.1M
Fixed Assets
£939k
Debtors
£3.2M
Cost of Sales
£1.6M
Admin Expenses
£14.2M
Profit After Tax
-£4.1M
Tax at Year End(2021)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 2.32 | -£7.7M |
| 2021 | 5.37 | +£10.9M |
| 2020 | 0.77 | +£254k |
| 2019 | — | -£516k |
| 2019 | 2.35 | — |
Derived from filed accounts. Not audited figures.