GEAR4MUSIC LIMITED
ActiveKey figures
† GEAR4MUSIC LIMITED filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.
Ratios
2025/26Sector comparison
SIC 47591Where the company stands among the 741 active companies whose first SIC code is 47591 (Retail sale of musical instruments and scores).
- GEAR4MUSIC LIMITED£31.3m
- FREDERICK HYDE LIMITED£3.7m
- JAQUES SAMUEL PIANOS LIMITED£3.5m
- PEACH GUITARS LIMITED£3.1m
- BONNERS LIMITED£2.6m
- RIMMERS MUSIC LTD.£2.3m
- CODA MUSIC UK LIMITED£2.2m
- FORSYTH BROTHERS LIMITED£2m
- TIM TOFT VIOLINS LIMITED£1.8m
- VISCOUNT CLASSICAL ORGANS LIMITED£1.6m
Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 741. The line on each bar marks the median.
Summary: GEAR4MUSIC LIMITED
What kind of company is it?
GEAR4MUSIC LIMITED is a private limited company registered with Companies House under company number 03113256. It was incorporated on 12 Oct 1995. Its status is active. The registered office is in York (YO26). Its nature of business (SIC 2007) is retail sale of musical instruments and scores (47591), other retail sale not in stores, stalls or markets (47990).
How is the company doing financially?
The latest accounts in the database are for 2025/26 (period ending 31 Mar 2026); the company files full accounts. Turnover was £189,417,000. Profit for the year was £6,410,000. Net assets were £31,291,000, up 24.7% on the previous year. Cash at bank and in hand was £7,136,000. Total assets were £83,142,000 and total liabilities £24,810,000. The company had an average of 389 employees. Figures are available for 2 financial years (2024/25–2025/26).
How does it compare with similar companies?
Compared with 741 active companies whose first SIC code is 47591: By net assets it ranks higher than 99% of them (median £11,500). By total assets it ranks higher than 99% of them (median £75,087). By cash it ranks higher than 99% of them (median £19,835). By number of employees it ranks higher than 99% of them (median 1). It is older than 94% of them (median age 7.5 years).
Does it supply the public sector?
The company is named as a supplier in 6 public contract award notices from 3 public sector buyers since 2024. Contracts awarded to it alone have a combined published value of £93.6k. Its most frequent buyer is Leicestershire County Council (4 contracts).
What do public registers and reports show?
It appears on the Home Office register of licensed sponsors (Skilled Worker). HMRC lists it as an importer of goods, mainly furniture and lighting, musical instruments, leather goods and bags. HMRC lists it as an exporter of goods, mainly machinery, electrical equipment, musical instruments. In its latest payment practices report it took an average of 18 days to pay suppliers, and 11% of invoices were not paid within agreed terms. Its gender pay gap report for 2025/26 shows median hourly pay for women 1.1% lower than for men. It has modern slavery statements on the government registry for 6 years.
Who runs and controls the company?
One person with significant control is registered. 4 of 11 registered charges are outstanding.
When are its next filings due?
The next accounts are due by 31 Dec 2027. The next confirmation statement is due by 14 Nov 2026.
Filed accounts2024/25–2025/26
| 2024/25 † | 2025/26 † | |
|---|---|---|
| Turnover | 145,516,000 | 189,417,000 |
| Profit for the year | -180,000 | 6,410,000 |
| Cash at bank and in hand | — | 7,136,000 |
| Total assets | — | 83,142,000 |
| Total liabilities | 20,154,000 | 24,810,000 |
| Net assets / total equity | 25,102,000 | 31,291,000 |
| Average number of employees | 352 | 389 |
A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.
Public contracts
6 contractsGEAR4MUSIC LIMITED is named as a supplier in 6 public contract award notices from 3 public sector buyers since 2024. The 5 contracts awarded to it alone with a published value add up to £93.6k.
- Leicestershire County Council
- 4 contracts · £67.5k
- Durham County Council
- 1 contract · £26.2k
- Department for Education
- 1 contract
- 002545 - DfE Musical Instruments, Equipment and Technology - Capital Grant FundingDurham County Council · £26,170
- Direct Award via the DfE Musical Instruments, Equipment and Technology Framework purchase of Digital Piano's & Various Musical Equipment‡Leicestershire County Council · £47,155 · 2 lots · runs until May 2027
- Musical Instruments - Instruments‡Leicestershire County Council · £5,637 · runs until May 2027
- Musical Instruments - Keyboard and Amp equipment‡Leicestershire County Council · £1,178 · runs until May 2027
- Musical Instruments - Keyboards, Amplifier and Mixing Equipment‡Leicestershire County Council · £13,491 · runs until May 2027
Show 1 more
- Musical Instrument, Equipment and Technology Framework‡Department for Education · £1
From contract award notices on Contracts Finder (since 2016) and Find a Tender (since 2021), published by the Cabinet Office under the Open Government Licence v3.0. Values are as published by the buyer and usually cover the whole contract term; the total leaves out awards shared between several suppliers, where the published figure is a ceiling for all of them, placeholder values and single figures of £1 billion or more. Notices marked ‡ do not state a company number and were linked by an exact match on the registered name. Contracts below the publication thresholds and those of devolved buyers that publish elsewhere are not included.
Statutory reporting
- Average time taken to pay invoices
- 18 days
- Invoices not paid within agreed terms
- 11%
- Standard payment terms
- 0–90 days
- Member of a payment code
- No
- Within 30 days 87%
- 31 to 60 days 10%
- After 60 days 3%
Earlier periods (7)
- Period ending
- Days to pay
- Within 30 days
- Late
- 31 Mar 2022
- 16
- 88%
- 34%
- 30 Sep 2021
- 16
- 90%
- 24%
- 31 Mar 2021
- 19
- 85%
- 22%
- 30 Sep 2020
- 15
- 90%
- 27%
- 31 Mar 2020
- 15
- 91%
- 15%
- 30 Sep 2019
- 14
- 92%
- 14%
- 31 Mar 2019
- 14
- 89%
- 20%
- Median hourly pay
- women 1.1% lower
- Mean hourly pay
- women 12.5% lower
- Median bonus pay
- women 20% lower
- Employer size
- 250 to 499 employees
Earlier years (8)
- Year
- Median hourly pay
- Mean hourly pay
- 2024/25
- women 7.7% lower
- women 17.6% lower
- 2023/24
- women 5.6% lower
- women 15.9% lower
- 2022/23
- women 5% lower
- women 17.5% lower
- 2021/22
- women 0.7% lower
- women 11.8% lower
- 2020/21
- women 0.2% higher
- women 13.6% lower
- 2019/20
- women 10.3% higher
- women 6.5% lower
- 2018/19
- women 15.5% higher
- women 9.2% lower
- 2017/18
- women 14.8% higher
- women 12.6% lower
A positive gap means women's average hourly pay is lower than men's across the whole employer; it is not a comparison of pay for the same work. View on the Gender pay gap service
- 2026
- Statement · summary on GOV.UK · group statement
- 2025
- Statement · summary on GOV.UK · group statement
- 2024
- Statement · summary on GOV.UK · group statement
Earlier years (3)
- 2023
- Statement · summary on GOV.UK · group statement
- 2022
- Statement · summary on GOV.UK · group statement
- 2021
- Statement · summary on GOV.UK · group statement
Figures the company reported itself to the government's Check payment practices service, Gender pay gap service and Modern slavery statement registry (Open Government Licence v3.0). Only large companies and employers with 250 or more staff have to report, so most companies have nothing here.
Registers and licences
- Licence type and rating
- Worker (A rating)
- Route
- Skilled Worker
On the Home Office register of licensed sponsors, which lists organisations licensed to sponsor workers from overseas.
Listed by HMRC as an importer of goods in 12 of the last 12 months on record, most recently August 2026. Main goods: furniture and lighting, musical instruments, leather goods and bags, machinery and electrical equipment.
Listed by HMRC as an exporter of goods in 12 of the last 12 months on record, most recently August 2026. Main goods: machinery, electrical equipment, musical instruments, furniture and lighting and leather goods and bags.
From HMRC's monthly lists of importers and exporters. Traders can ask to be left off the lists, so absence does not mean a company does not trade.
Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.
History
5 events- Financial year 2025/26 endedAccounts: turnover £189.4m, net assets £31.3m, 389 employees
- Financial year 2024/25 endedAccounts: turnover £145.5m, net assets £25.1m, 352 employees
- Gear4music (Holdings) Plc registered as a person with significant control
- Name changed to GEAR4MUSIC LIMITEDPreviously RED SUBMARINE LIMITED
- Company incorporatedPrivate limited company
Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.