FRICTIONLESS MUSIC LIMITED

Active
Company number 12958872Private limited companyIncorporated 2020
⚠ Confirmation statement overdue. It was due on 1 Nov 2026.

Key figures

−£591,506-1.4%
Net assets 2024/25
-600 k-400 k-200 k02021/222023/242024/25

Like most small UK companies, FRICTIONLESS MUSIC LIMITED does not publish a profit and loss account in its latest accounts. The figures below come from the balance sheet.

Ratios

2024/25

Sector comparison

SIC 74909

Where the company stands among the 58,503 active companies whose first SIC code is 74909 (Other professional, scientific and technical activities n.e.c.).

Net assets−£591,506
Lower than 99% · median £12,925
Total assets£478,391
Higher than 86% · median £41,823
Employees0
Lower than 75% · median 1
Company age6.1 years
Younger than 63% · median 9.4 years

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 58,503. The line on each bar marks the median.

Summary: FRICTIONLESS MUSIC LIMITED

What kind of company is it?

FRICTIONLESS MUSIC LIMITED is a private limited company registered with Companies House under company number 12958872. It was incorporated on 19 Oct 2020. Its status is active. The registered office is in Braunton (EX33). Its nature of business (SIC 2007) is other professional, scientific and technical activities n.e.c. (74909).

How is the company doing financially?

The latest accounts in the database are for 2024/25 (period ending 31 Mar 2025); the company files micro-entity accounts. Net assets were −£591,506, down 1.4% on the previous year. Total assets were £478,391 and total liabilities £1,069,897. The company had an average of 0 employees. Figures are available for 3 financial years (2021/22–2024/25).

How does it compare with similar companies?

Compared with 58,503 active companies whose first SIC code is 74909: By net assets it ranks lower than 99% of them (median £12,925). By total assets it ranks higher than 86% of them (median £41,823). By number of employees it ranks lower than 75% of them (median 1). It is younger than 63% of them (median age 9.4 years).

Who runs and controls the company?

One person with significant control is registered.

When are its next filings due?

The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 1 Nov 2026.

Filed accounts2021/22–2024/25
2021/222023/242024/25
Cash at bank and in hand27,139——
Total assets383,921457,437478,391
Total liabilities—1,041,0041,069,897
Net assets / total equity-485,463-583,567-591,506
Average number of employees000

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.

History

7 events
  1. Mr Alexander Francis Kleiner ceased to be a person with significant control
  2. Financial year 2024/25 endedAccounts: net assets −£591.5k, 0 employees
  3. Financial year 2023/24 endedAccounts: net assets −£583.6k, 0 employees
  4. Financial year 2021/22 endedAccounts: net assets −£485.5k, 0 employees
  5. Frictionless Holdings Limited registered as a person with significant control
  6. Mr Alexander Francis Kleiner registered as a person with significant control
  7. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current and former persons with significant control, and the end of each financial year with figures in the database.