masterchord records & tapes limited Company Information
Company Number
01722610
Next Accounts
Oct 2025
Industry
Sound recording and music publishing activities
Directors
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
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
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
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
1 Strong
1 Regular
7 Weak
Size
annual sales of £23.5k, make it smaller than the average company (£322k)
- Masterchord Records & Tapes Limited
£322k - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a slower rate (15.2%)
- Masterchord Records & Tapes Limited
15.2% - Industry AVG
Production
with a gross margin of 18.8%, this company has a higher cost of product (45.6%)
- Masterchord Records & Tapes Limited
45.6% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Masterchord Records & Tapes Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (2)
- Masterchord Records & Tapes Limited
2 - Industry AVG
Pay Structure
on an average salary of £34.4k, the company has an equivalent pay structure (£34.4k)
- Masterchord Records & Tapes Limited
£34.4k - Industry AVG
Efficiency
resulting in sales per employee of £23.5k, this is less efficient (£130.2k)
- Masterchord Records & Tapes Limited
£130.2k - Industry AVG
Debtor Days
it gets paid by customers after 93 days, this is later than average (34 days)
- Masterchord Records & Tapes Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 250 days, this is slower than average (30 days)
- Masterchord Records & Tapes Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Masterchord Records & Tapes Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Masterchord Records & Tapes Limited
- - Industry AVG
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
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 House, Pomanda Estimates
Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 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 | |||||||||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 98 | 98 | 98 | 98 | 98 | 98 | 98 | 98 | 98 | 98 | 98 | 98 | 98 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 98 | 98 | 98 | 98 | 98 | 98 | 98 | 98 | 98 | 98 | 98 | 98 | 98 | 0 | 0 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 6,005 | 6,005 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 6,005 | 6,005 | 6,005 | 6,005 | 6,005 | 6,005 | 6,005 | 6,005 | 6,005 | 6,005 | 6,005 | 6,005 | 6,005 | 6,005 | 6,005 |
total assets | 6,103 | 6,103 | 6,103 | 6,103 | 6,103 | 6,103 | 6,103 | 6,103 | 6,103 | 6,103 | 6,103 | 6,103 | 6,103 | 6,005 | 6,005 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 13,125 | 13,125 | 13,125 | 13,223 | 13,223 | 13,125 | 13,125 | 13,125 | 13,125 | 13,125 | 13,223 | 13,223 | 13,125 | 13,125 | 13,125 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 98 | 0 | 0 | 98 | 0 | 0 |
total current liabilities | 13,125 | 13,125 | 13,125 | 13,223 | 13,223 | 13,125 | 13,125 | 13,125 | 13,125 | 13,223 | 13,223 | 13,223 | 13,223 | 13,125 | 13,125 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 98 | 98 | 98 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 98 | 98 | 98 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 13,223 | 13,223 | 13,223 | 13,223 | 13,223 | 13,125 | 13,125 | 13,125 | 13,125 | 13,223 | 13,223 | 13,223 | 13,223 | 13,125 | 13,125 |
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 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | |||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 0 | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,000 |
Creditors | 0 | 0 | -98 | 0 | 98 | 0 | 0 | 0 | 0 | -98 | 0 | 98 | 0 | 0 | 13,125 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -98 | 98 | 0 | -98 | 98 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 98 | 0 | 0 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 98 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 0 | -5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | -5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 |
masterchord records & tapes limited Credit Report and Business Information
Masterchord Records & Tapes Limited Competitor Analysis
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 directors
Masterchord Records & Tapes Limited currently has 1 director, Mr Timothy Haas serving since Apr 1998.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Timothy Haas | 71 years | Apr 1998 | - | Director |
P&L
January 2024turnover
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 2024net 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
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
date | description | view/download |
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