masterchord records & tapes limited

masterchord records & tapes limited Company Information

Share MASTERCHORD RECORDS & TAPES LIMITED
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Company Number

01722610

Industry

Sound recording and music publishing activities

 

Directors

Timothy Haas

Shareholders

mr timothy w. haas

Group Structure

View All

Contact

Registered Address

14 bancroft avenue, london, 14 bancroft avenue, london, N2 0AS

Website

-

masterchord records & tapes limited Estimated Valuation

£9.8k

Pomanda estimates the enterprise value of MASTERCHORD RECORDS & TAPES LIMITED at £9.8k based on a Turnover of £23.5k and 0.42x industry multiple (adjusted for size and gross margin).

masterchord records & tapes limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MASTERCHORD RECORDS & TAPES LIMITED at £0 based on an EBITDA of £0 and a 2.26x industry multiple (adjusted for size and gross margin).

masterchord records & tapes limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MASTERCHORD RECORDS & TAPES LIMITED at £0 based on Net Assets of £-7.1k and 1.85x industry multiple (adjusted for liquidity).

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Masterchord Records & Tapes Limited Overview

Masterchord Records & Tapes Limited is a live company located in london, N2 0AS with a Companies House number of 01722610. It operates in the sound recording and music publishing activities sector, SIC Code 59200. Founded in May 1983, it's largest shareholder is mr timothy w. haas with a 100% stake. Masterchord Records & Tapes Limited is a mature, micro sized company, Pomanda has estimated its turnover at £23.5k with healthy growth in recent years.

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Masterchord Records & Tapes Limited Health Check

Pomanda's financial health check has awarded Masterchord Records & Tapes Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £23.5k, make it smaller than the average company (£322k)

£23.5k - Masterchord Records & Tapes Limited

£322k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a slower rate (15.2%)

7% - Masterchord Records & Tapes Limited

15.2% - Industry AVG

production

Production

with a gross margin of 18.8%, this company has a higher cost of product (45.6%)

18.8% - Masterchord Records & Tapes Limited

45.6% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Masterchord Records & Tapes Limited

- - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (2)

1 - Masterchord Records & Tapes Limited

2 - Industry AVG

paystructure

Pay Structure

on an average salary of £34.4k, the company has an equivalent pay structure (£34.4k)

£34.4k - Masterchord Records & Tapes Limited

£34.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £23.5k, this is less efficient (£130.2k)

£23.5k - Masterchord Records & Tapes Limited

£130.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 93 days, this is later than average (34 days)

93 days - Masterchord Records & Tapes Limited

34 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 250 days, this is slower than average (30 days)

250 days - Masterchord Records & Tapes Limited

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Masterchord Records & Tapes Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Masterchord Records & Tapes Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 216.7%, this is a higher level of debt than the average (72.6%)

216.7% - Masterchord Records & Tapes Limited

72.6% - Industry AVG

MASTERCHORD RECORDS & TAPES LIMITED financials

EXPORTms excel logo

Masterchord Records & Tapes Limited's latest turnover from January 2024 is estimated at £23.5 thousand and the company has net assets of -£7.1 thousand. According to their latest financial statements, we estimate that Masterchord Records & Tapes Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Turnover23,49225,99718,62019,17116,33617,88117,65722,14620,74721,78424,82523,77121,65125,42026,818
Other Income Or Grants000000000000000
Cost Of Sales19,08721,00715,03315,05411,97513,07713,54117,65615,47715,41419,48217,73615,68718,61119,953
Gross Profit4,4064,9913,5884,1174,3614,8044,1174,4905,2706,3705,3436,0355,9646,8096,865
Admin Expenses4,4064,9913,5864,1174,3614,8044,1174,4905,2706,3705,3436,0355,9646,81113,985
Operating Profit0020000000000-2-7,120
Interest Payable000000000000000
Interest Receivable000000000000000
Pre-Tax Profit0020000000000-2-7,120
Tax000000000000000
Profit After Tax0020000000000-2-7,120
Dividends Paid000000000000000
Retained Profit0020000000000-2-7,120
Employee Costs34,41838,44539,40645,52047,40144,56041,77441,09347,06147,57848,46445,87946,83946,29349,267
Number Of Employees111111111111111
EBITDA*0020000000000-2-7,120

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Tangible Assets000000000000000
Intangible Assets000000000000000
Investments & Other9898989898989898989898989800
Debtors (Due After 1 year)000000000000000
Total Fixed Assets9898989898989898989898989800
Stock & work in progress000000000000000
Trade Debtors6,0056,0056,0006,0006,0006,0006,0006,0006,0006,0006,0006,0006,0006,0006,000
Group Debtors000000000000000
Misc Debtors000000000000000
Cash005555555555555
misc current assets000000000000000
total current assets6,0056,0056,0056,0056,0056,0056,0056,0056,0056,0056,0056,0056,0056,0056,005
total assets6,1036,1036,1036,1036,1036,1036,1036,1036,1036,1036,1036,1036,1036,0056,005
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 13,12513,12513,12513,22313,22313,12513,12513,12513,12513,12513,22313,22313,12513,12513,125
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities00000000098009800
total current liabilities13,12513,12513,12513,22313,22313,12513,12513,12513,12513,22313,22313,22313,22313,12513,125
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities989898000000000000
provisions000000000000000
total long term liabilities989898000000000000
total liabilities13,22313,22313,22313,22313,22313,12513,12513,12513,12513,22313,22313,22313,22313,12513,125
net assets-7,120-7,120-7,120-7,120-7,120-7,022-7,022-7,022-7,022-7,120-7,120-7,120-7,120-7,120-7,120
total shareholders funds-7,120-7,120-7,120-7,120-7,120-7,120-7,120-7,120-7,120-7,120-7,120-7,120-7,120-7,120-7,120
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Operating Activities
Operating Profit0020000000000-2-7,120
Depreciation000000000000000
Amortisation000000000000000
Tax000000000000000
Stock000000000000000
Debtors050000000000006,000
Creditors00-980980000-980980013,125
Accruals and Deferred Income00000000-98980-989800
Deferred Taxes & Provisions000000000000000
Cash flow from operations0-5-96098000-9800098-25
Investing Activities
capital expenditure000000000000000
Change in Investments0000000000009800
cash flow from investments000000000000-9800
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities0098000000000000
share issue00-2000000000020
interest000000000000000
cash flow from financing0096000000000020
cash and cash equivalents
cash0-50000000000005
overdraft000000000000000
change in cash0-50000000000005

masterchord records & tapes 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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Masterchord Records & Tapes Limited Competitor Analysis

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Perform a competitor analysis for masterchord records & tapes limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in N 2 area or any other competitors across 12 key performance metrics.

masterchord records & tapes limited Ownership

MASTERCHORD RECORDS & TAPES LIMITED group structure

Masterchord Records & Tapes Limited has no subsidiary companies.

Ultimate parent company

MASTERCHORD RECORDS & TAPES LIMITED

01722610

MASTERCHORD RECORDS & TAPES LIMITED Shareholders

mr timothy w. haas 100%

masterchord records & tapes limited directors

Masterchord Records & Tapes Limited currently has 1 director, Mr Timothy Haas serving since Apr 1998.

officercountryagestartendrole
Mr Timothy Haas71 years Apr 1998- Director

P&L

January 2024

turnover

23.5k

-10%

operating profit

0

0%

gross margin

18.8%

-2.3%

turnover

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

Balance Sheet

January 2024

net assets

-7.1k

0%

total assets

6.1k

0%

cash

0

0%

net assets

Total assets minus all liabilities

masterchord records & tapes limited company details

company number

01722610

Type

Private limited with Share Capital

industry

59200 - Sound recording and music publishing activities

incorporation date

May 1983

age

41

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

January 2024

previous names

N/A

accountant

-

auditor

-

address

14 bancroft avenue, london, 14 bancroft avenue, london, N2 0AS

Bank

-

Legal Advisor

-

masterchord records & tapes 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 masterchord records & tapes limited.

masterchord records & tapes 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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masterchord records & tapes limited Companies House Filings - See Documents

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