grant music limited

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grant music limited Company Information

Share GRANT MUSIC LIMITED

Company Number

00944156

Shareholders

marco music ltd

marco music (productions) ltd

Group Structure

View All

Industry

Sound recording and music publishing activities

 

Registered Address

1341 high road, whetstone, london, N20 9HR

grant music limited Estimated Valuation

£75.7k

Pomanda estimates the enterprise value of GRANT MUSIC LIMITED at £75.7k based on a Turnover of £229.2k and 0.33x industry multiple (adjusted for size and gross margin).

grant music limited Estimated Valuation

£50.4k

Pomanda estimates the enterprise value of GRANT MUSIC LIMITED at £50.4k based on an EBITDA of £28.5k and a 1.77x industry multiple (adjusted for size and gross margin).

grant music limited Estimated Valuation

£157.9k

Pomanda estimates the enterprise value of GRANT MUSIC LIMITED at £157.9k based on Net Assets of £88.6k and 1.78x industry multiple (adjusted for liquidity).

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Grant Music Limited Overview

Grant Music Limited is a live company located in london, N20 9HR with a Companies House number of 00944156. It operates in the sound recording and music publishing activities sector, SIC Code 59200. Founded in December 1968, it's largest shareholder is marco music ltd with a 86% stake. Grant Music Limited is a mature, micro sized company, Pomanda has estimated its turnover at £229.2k with high growth in recent years.

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Grant Music Limited Health Check

Pomanda's financial health check has awarded Grant Music Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £229.2k, make it smaller than the average company (£531.6k)

£229.2k - Grant Music Limited

£531.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (9.8%)

25% - Grant Music Limited

9.8% - Industry AVG

production

Production

with a gross margin of 16.1%, this company has a higher cost of product (42.2%)

16.1% - Grant Music Limited

42.2% - Industry AVG

profitability

Profitability

an operating margin of 12.4% make it more profitable than the average company (6.8%)

12.4% - Grant Music Limited

6.8% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (3)

2 - Grant Music Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £34.2k, the company has an equivalent pay structure (£34.2k)

£34.2k - Grant Music Limited

£34.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £114.6k, this is equally as efficient (£125k)

£114.6k - Grant Music Limited

£125k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 155 days, this is later than average (33 days)

155 days - Grant Music Limited

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 10 days, this is quicker than average (38 days)

10 days - Grant Music Limited

38 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Grant Music Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Grant Music Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 9.4%, this is a lower level of debt than the average (78.5%)

9.4% - Grant Music Limited

78.5% - Industry AVG

GRANT MUSIC LIMITED financials

EXPORTms excel logo

Grant Music Limited's latest turnover from June 2023 is estimated at £229.2 thousand and the company has net assets of £88.6 thousand. According to their latest financial statements, Grant Music Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover229,174142,102147,004116,444176,077170,189150,200276,5923,7832,3671476271,0431,109
Other Income Or Grants
Cost Of Sales192,372114,842117,91592,721138,504133,867124,074213,6842,8421,858115464784796
Gross Profit36,80227,26029,08923,72337,57336,32226,12662,90894251032163259313
Admin Expenses8,30217,58319,84812,38534,44241,46229,73665,620-10,9171488011,3061,307-61,489
Operating Profit28,5009,6779,24111,3383,131-5,140-3,610-2,71211,859362-769-1,143-1,04861,802
Interest Payable
Interest Receivable29513582592520253218
Pre-Tax Profit28,5009,6779,24111,3383,160-5,089-3,575-2,63011,918387-749-1,118-1,01661,819
Tax-7,125-1,839-1,756-2,154-600-2,383-81-17,309
Profit After Tax21,3757,8387,4859,1842,560-5,089-3,575-2,6309,534306-749-1,118-1,01644,510
Dividends Paid
Retained Profit21,3757,8387,4859,1842,560-5,089-3,575-2,6309,534306-749-1,118-1,01644,510
Employee Costs68,49484,27889,94491,09046,92897,24883,12391,29847,88647,78550,99244,93446,91147,352
Number Of Employees22221222111111
EBITDA*28,5009,6779,24111,3383,131-5,136-3,609-2,71111,861365-766-1,139-1,04261,810

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets456811141824
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets456811141824
Stock & work in progress
Trade Debtors97,81672,57864,55857,18745,933
Group Debtors
Misc Debtors35,57235,89036,42339,02938,07838,07838,97639,00838,766
Cash7,80112,46815,40917,3026,2893,7744,1425,6987,025
misc current assets
total current assets97,81672,57864,55857,18745,93343,37348,35851,83256,33144,36741,85243,11844,70645,791
total assets97,81672,57864,55857,18745,93343,37348,36251,83756,33744,37541,86343,13244,72445,815
Bank overdraft
Bank loan
Trade Creditors 5,6011,8381,7561,9704,7702,3421366561,1301,205
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities3,1003,0002,900
total current liabilities5,6011,8381,7561,9703,1003,0002,9004,7702,3421366561,1301,205
loans
hp & lease commitments
Accruals and Deferred Income3,6003,5003,4003,3003,200
other liabilities
provisions
total long term liabilities3,6003,5003,4003,3003,200
total liabilities9,2015,3385,1565,2703,2003,1003,0002,9004,7702,3421366561,1301,205
net assets88,61567,24059,40251,91742,73340,27345,36248,93751,56742,03341,72742,47643,59444,610
total shareholders funds88,61567,24059,40251,91742,73340,27345,36248,93751,56742,03341,72742,47643,59444,610
Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit28,5009,6779,24111,3383,131-5,140-3,610-2,71211,859362-769-1,143-1,04861,802
Depreciation411233468
Amortisation
Tax-7,125-1,839-1,756-2,154-600-2,383-81-17,309
Stock
Debtors25,2388,0207,37111,25410,361-318-533-2,606951-898-3224238,766
Creditors3,76382-2141,970-4,7702,4282,206-520-474-751,205
Accruals and Deferred Income1001001001001001001002,900
Deferred Taxes & Provisions
Cash flow from operations-7,730-4,718-2,976-1,97510,9552,490-388-1,581-1,3596,940
Investing Activities
capital expenditure-32
Change in Investments
cash flow from investments-32
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-100100
interest29513582592520253218
cash flow from financing-715135825925202532118
cash and cash equivalents
cash-7,801-4,667-2,941-1,89311,0132,515-368-1,556-1,3277,025
overdraft
change in cash-7,801-4,667-2,941-1,89311,0132,515-368-1,556-1,3277,025

grant music limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Grant Music Limited Competitor Analysis

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Perform a competitor analysis for grant music limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in N20 area or any other competitors across 12 key performance metrics.

grant music limited Ownership

GRANT MUSIC LIMITED group structure

Grant Music Limited has no subsidiary companies.

Ultimate parent company

1 parent

GRANT MUSIC LIMITED

00944156

GRANT MUSIC LIMITED Shareholders

marco music ltd 86%
marco music (productions) ltd 14%

grant music limited directors

Grant Music Limited currently has 2 directors. The longest serving directors include Mr Edmond Grant (May 1992) and Ms Pauline Grant (May 1992).

officercountryagestartendrole
Mr Edmond Grant77 years May 1992- Director
Ms Pauline Grant74 years May 1992- Director

P&L

June 2023

turnover

229.2k

+61%

operating profit

28.5k

0%

gross margin

16.1%

-16.29%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

June 2023

net assets

88.6k

+0.32%

total assets

97.8k

+0.35%

cash

0

0%

net assets

Total assets minus all liabilities

grant music limited company details

company number

00944156

Type

Private limited with Share Capital

industry

59200 - Sound recording and music publishing activities

incorporation date

December 1968

age

57

incorporated

UK

ultimate parent company

accounts

Micro-Entity Accounts

last accounts submitted

June 2023

previous names

N/A

accountant

MUNRO'S

auditor

-

address

1341 high road, whetstone, london, N20 9HR

Bank

-

Legal Advisor

-

grant music limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We did not find charges/mortgages relating to grant music limited.

grant music limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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grant music limited Companies House Filings - See Documents

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