Things aren’t going very well in the world of James Drew Asquith right now. Over the weekend, a female Scottish DJ accused him of sexual assault, coercion and grooming – allegations which Asquith himself strongly denies. Since then, more claims have emerged – and Ears To The House understands several others are yet to be made public.

We also understand that all of his shows for the next few weeks have been cancelled – which will presumably allow him time to run his Lobster Theremin record label, seeing that his entire staff resigned from the company just a few days ago. We don’t know if this is directly related to the current allegations, but we do know Lobster Theremin is now a solo operation.

It’s been a fairly lucrative little operation for James Drew Asquith, as he’s called over on UK business register Companies House. Asquith is listed as a director for two different companies alongside his father – Lobster Theremin Ltd and Lobster Publishing Ltd. Documents filed reveal the companies employed one person in 2019 and two in 2020 respectively, although we gather there were more staff hired since then.

Accounts filed for 31st December 2020 disclose that Lobster Theremin Ltd had net assets of £340,166 – despite the pandemic’s effects on the club scene, this was up from £295,260 at the end of 2019. Lobster Publishing had more princely assets of £4450 at the end of 2020, but this is still quite a big jump from £684 the previous year.

And they say there’s no money to be made in music anymore…

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