The State51 Music Group Limited
Active09636602Incorporated 12 Jun 2015 · London
The principal activity of the company and group continued to be that of digital music retail and management.
Revenue
£17.2m
▼ -6.9% vs prior ~12m period
Profit after tax
-£193k
Margin -1.2%
Employees
31
▲ +933.3% vs prior ~12m period
Net assets
-£1.3m
Total assets £244k
Financial history
Revenue by accounting period
7 periods available · ▲ growth ▼ decline
Mar 2019Not available
Mar 2020Not available
Mar 2021
£18.4m
Mar 2022
£17.2m▼ -6.9%
Mar 2023Not available
Mar 2024Not available
Mar 2025Not available
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Mar 2025 | — | — | £505k | 31 | -£1.3m |
| 31 Mar 2024 | — | — | -£308k | 3 | -£1.8m |
| 31 Mar 2023 | — | — | — | 3 | £344 |
| 31 Mar 2022 | £17.2m | ▼ -6.9% | -£216k | 3 | £344 |
| 31 Mar 2021 | £18.4m | — | -£803k | 3 | £344 |
| 31 Mar 2020 | — | — | — | 3 | — |
| 31 Mar 2019 | — | — | — | — | — |
Latest available figures
Period ending 31 Mar 2022. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £17.2m
- Gross profit
- £2.4m
- Operating profit
- -£213k
- Profit before tax
- -£216k
- Profit after tax
- -£193k
Balance sheet
- Total assets
- £244k
- Cash
- £2.6m
- Total liabilities
- £1.5m
- Net assets
- -£1.3m
- Revenue per employee
- Not available