durham music limited
durham music limited Company Information
Company Number
00950611
Next Accounts
Mar 2026
Shareholders
sean alexander whyton
onward music ltd
Group Structure
View All
Industry
Sound recording and music publishing activities
Registered Address
roundhouse, 212 regent's park road, london, NW1 8AW
Website
www.durhamonlinemusic.co.ukdurham music limited Estimated Valuation
Pomanda estimates the enterprise value of DURHAM MUSIC LIMITED at £43.7k based on a Turnover of £100.8k and 0.43x industry multiple (adjusted for size and gross margin).
durham music limited Estimated Valuation
Pomanda estimates the enterprise value of DURHAM MUSIC LIMITED at £856 based on an EBITDA of £369 and a 2.32x industry multiple (adjusted for size and gross margin).
durham music limited Estimated Valuation
Pomanda estimates the enterprise value of DURHAM MUSIC LIMITED at £11k based on Net Assets of £6.2k and 1.78x industry multiple (adjusted for liquidity).
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Durham Music Limited Overview
Durham Music Limited is a live company located in london, NW1 8AW with a Companies House number of 00950611. It operates in the sound recording and music publishing activities sector, SIC Code 59200. Founded in March 1969, it's largest shareholder is sean alexander whyton with a 50% stake. Durham Music Limited is a mature, micro sized company, Pomanda has estimated its turnover at £100.8k with healthy growth in recent years.
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Durham Music Limited Health Check
Pomanda's financial health check has awarded Durham Music Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £100.8k, make it smaller than the average company (£384.7k)
- Durham Music Limited
£384.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a slower rate (17.3%)
- Durham Music Limited
17.3% - Industry AVG
Production
with a gross margin of 39.6%, this company has a comparable cost of product (39.6%)
- Durham Music Limited
39.6% - Industry AVG
Profitability
an operating margin of 0.4% make it less profitable than the average company (7.7%)
- Durham Music Limited
7.7% - Industry AVG
Employees
with 2 employees, this is similar to the industry average (2)
2 - Durham Music Limited
2 - Industry AVG
Pay Structure
on an average salary of £49.2k, the company has an equivalent pay structure (£49.2k)
- Durham Music Limited
£49.2k - Industry AVG
Efficiency
resulting in sales per employee of £50.4k, this is less efficient (£139.6k)
- Durham Music Limited
£139.6k - Industry AVG
Debtor Days
it gets paid by customers after 20 days, this is earlier than average (31 days)
- Durham Music Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is slower than average (21 days)
- Durham Music Limited
21 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Durham Music Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 48 weeks, this is more cash available to meet short term requirements (28 weeks)
48 weeks - Durham Music Limited
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 52.3%, this is a lower level of debt than the average (73.3%)
52.3% - Durham Music Limited
73.3% - Industry AVG
DURHAM MUSIC LIMITED financials
Durham Music Limited's latest turnover from June 2024 is estimated at £100.8 thousand and the company has net assets of £6.2 thousand. According to their latest financial statements, Durham Music Limited has 2 employees and maintains cash reserves of £6.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | |||||||||||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 5,714 | 3,759 | 8,926 | 4,777 | 6,339 | 4,899 | 15,641 | 1,909 | 150 | 23,832 | 5,203 | 4,638 | 6,122 | 4,840 | 3,843 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 899 | 1,862 | 135 | 8,238 | |||||||||||
| Cash | 6,353 | 5,516 | 2,854 | 5,047 | 2,920 | 4,258 | 37,538 | 33,044 | 30,055 | 10,193 | 11,031 | 12,322 | 10,954 | 13,177 | 11,374 |
| misc current assets | |||||||||||||||
| total current assets | 12,966 | 11,137 | 11,780 | 9,824 | 9,394 | 9,157 | 53,179 | 43,191 | 30,205 | 34,025 | 16,234 | 16,960 | 17,076 | 18,017 | 15,217 |
| total assets | 12,966 | 11,137 | 11,780 | 9,824 | 9,394 | 9,157 | 53,179 | 43,191 | 30,205 | 34,025 | 16,234 | 16,960 | 17,076 | 18,017 | 15,217 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 4,086 | 3,053 | 3,966 | 2,266 | 2,340 | 2,429 | 45,099 | 35,207 | 17,362 | 28,674 | 10,989 | 11,787 | 11,956 | 12,941 | 10,223 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 2,693 | 2,408 | 2,234 | 2,095 | 1,613 | 1,306 | 2,664 | 2,587 | 7,482 | ||||||
| total current liabilities | 6,779 | 5,461 | 6,200 | 4,361 | 3,953 | 3,735 | 47,763 | 37,794 | 24,844 | 28,674 | 10,989 | 11,787 | 11,956 | 12,941 | 10,223 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 6,779 | 5,461 | 6,200 | 4,361 | 3,953 | 3,735 | 47,763 | 37,794 | 24,844 | 28,674 | 10,989 | 11,787 | 11,956 | 12,941 | 10,223 |
| net assets | 6,187 | 5,676 | 5,580 | 5,463 | 5,441 | 5,422 | 5,416 | 5,397 | 5,361 | 5,351 | 5,245 | 5,173 | 5,120 | 5,076 | 4,994 |
| total shareholders funds | 6,187 | 5,676 | 5,580 | 5,463 | 5,441 | 5,422 | 5,416 | 5,397 | 5,361 | 5,351 | 5,245 | 5,173 | 5,120 | 5,076 | 4,994 |
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 992 | -3,305 | 4,149 | -1,697 | 1,575 | -10,742 | 5,494 | 9,997 | -23,682 | 18,629 | 565 | -1,484 | 1,282 | 997 | 3,843 |
| Creditors | 1,033 | -913 | 1,700 | -74 | -89 | -42,670 | 9,892 | 17,845 | -11,312 | 17,685 | -798 | -169 | -985 | 2,718 | 10,223 |
| Accruals and Deferred Income | 285 | 174 | 139 | 482 | 307 | -1,358 | 77 | -4,895 | 7,482 | ||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| 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 | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 837 | 2,662 | -2,193 | 2,127 | -1,338 | -33,280 | 4,494 | 2,989 | 19,862 | -838 | -1,291 | 1,368 | -2,223 | 1,803 | 11,374 |
| overdraft | |||||||||||||||
| change in cash | 837 | 2,662 | -2,193 | 2,127 | -1,338 | -33,280 | 4,494 | 2,989 | 19,862 | -838 | -1,291 | 1,368 | -2,223 | 1,803 | 11,374 |
durham music limited Credit Report and Business Information
Durham Music Limited Competitor Analysis
Perform a competitor analysis for durham music limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in NW1 area or any other competitors across 12 key performance metrics.
durham music limited Ownership
DURHAM MUSIC LIMITED group structure
Durham Music Limited has no subsidiary companies.
Ultimate parent company
DURHAM MUSIC LIMITED
00950611
durham music limited directors
Durham Music Limited currently has 2 directors. The longest serving directors include Mr Simon Platz (May 1993) and Mr Sean Whyton (Feb 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Platz | 67 years | May 1993 | - | Director | |
| Mr Sean Whyton | England | 60 years | Feb 2011 | - | Director |
P&L
June 2024turnover
100.8k
+34%
operating profit
369.8
0%
gross margin
39.7%
-6.1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
6.2k
+0.09%
total assets
13k
+0.16%
cash
6.4k
+0.15%
net assets
Total assets minus all liabilities
Similar Companies
durham music limited company details
company number
00950611
Type
Private limited with Share Capital
industry
59200 - Sound recording and music publishing activities
incorporation date
March 1969
age
56
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2024
previous names
N/A
accountant
-
auditor
-
address
roundhouse, 212 regent's park road, london, NW1 8AW
Bank
-
Legal Advisor
-
durham 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 durham music limited.
durham 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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durham music limited Companies House Filings - See Documents
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