new age music limited Company Information
Company Number
01977723
Next Accounts
Mar 2025
Industry
Sound recording and music publishing activities
Directors
Shareholders
penelope ann bron
Group Structure
View All
Contact
Registered Address
20 sunningdale close, stanmore, HA7 3QL
Website
http://gerrybron.comnew age music limited Estimated Valuation
Pomanda estimates the enterprise value of NEW AGE MUSIC LIMITED at £75.4k based on a Turnover of £122.3k and 0.62x industry multiple (adjusted for size and gross margin).
new age music limited Estimated Valuation
Pomanda estimates the enterprise value of NEW AGE MUSIC LIMITED at £0 based on an EBITDA of £-3k and a 3.34x industry multiple (adjusted for size and gross margin).
new age music limited Estimated Valuation
Pomanda estimates the enterprise value of NEW AGE MUSIC LIMITED at £75.5k based on Net Assets of £40.7k and 1.85x industry multiple (adjusted for liquidity).
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New Age Music Limited Overview
New Age Music Limited is a live company located in stanmore, HA7 3QL with a Companies House number of 01977723. It operates in the sound recording and music publishing activities sector, SIC Code 59200. Founded in January 1986, it's largest shareholder is penelope ann bron with a 100% stake. New Age Music Limited is a mature, micro sized company, Pomanda has estimated its turnover at £122.3k with low growth in recent years.
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New Age Music Limited Health Check
Pomanda's financial health check has awarded New Age Music Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
4 Weak
Size
annual sales of £122.3k, make it smaller than the average company (£494.2k)
- New Age Music Limited
£494.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (10%)
- New Age Music Limited
10% - Industry AVG
Production
with a gross margin of 45.4%, this company has a comparable cost of product (45.4%)
- New Age Music Limited
45.4% - Industry AVG
Profitability
an operating margin of -3% make it less profitable than the average company (8.1%)
- New Age Music Limited
8.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
1 - New Age Music Limited
3 - Industry AVG
Pay Structure
on an average salary of £32.5k, the company has an equivalent pay structure (£32.5k)
- New Age Music Limited
£32.5k - Industry AVG
Efficiency
resulting in sales per employee of £122.3k, this is equally as efficient (£122.3k)
- New Age Music Limited
£122.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- New Age Music Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- New Age Music Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- New Age Music Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1501 weeks, this is more cash available to meet short term requirements (25 weeks)
1501 weeks - New Age Music Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2.7%, this is a lower level of debt than the average (78.3%)
2.7% - New Age Music Limited
78.3% - Industry AVG
NEW AGE MUSIC LIMITED financials
New Age Music Limited's latest turnover from June 2023 is estimated at £122.3 thousand and the company has net assets of £40.7 thousand. According to their latest financial statements, New Age Music Limited has 1 employee and maintains cash reserves of £32.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
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 | 9,631 | 3,529 | 1,566 | 5,757 | 7,305 | 3,399 | 12,675 | 6,604 | 5,136 | |||||
Other Income Or Grants | 0 | 0 | 0 | |||||||||||
Cost Of Sales | 0 | 3,497 | 0 | |||||||||||
Gross Profit | 5,757 | 3,808 | 3,399 | |||||||||||
Admin Expenses | 2,372 | 1,635 | ||||||||||||
Operating Profit | 8,774 | 2,374 | 682 | 3,385 | 2,173 | |||||||||
Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Interest Receivable | 0 | 0 | 0 | 9 | 0 | 0 | 0 | 0 | 0 | |||||
Pre-Tax Profit | 8,774 | 2,374 | 682 | 3,394 | 2,173 | 1,527 | 2,241 | -345 | -3,170 | |||||
Tax | -1,680 | -487 | -161 | -712 | -478 | -365 | -130 | 0 | 0 | |||||
Profit After Tax | 7,094 | 1,887 | 521 | 2,682 | 1,695 | 1,162 | 2,111 | -345 | -3,170 | |||||
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Retained Profit | 7,094 | 1,887 | 521 | 2,682 | 1,695 | 1,162 | 2,111 | -345 | -3,170 | |||||
Employee Costs | ||||||||||||||
Number Of Employees | 1 | 1 | 1 | 1 | ||||||||||
EBITDA* | 8,843 | 2,466 | 804 | 3,548 | 2,390 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
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 | 483 | 1,183 | 915 | 1,373 | 154 | 206 | 275 | 367 | 489 | 652 | 869 | 1,159 | 1,545 | 2,060 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 483 | 1,183 | 915 | 1,373 | 154 | 206 | 275 | 367 | 489 | 652 | 869 | 1,159 | 1,545 | 2,060 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group Debtors | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 7,200 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,144 | 2,133 | 2,341 | 16,270 |
Cash | 32,376 | 34,655 | 33,333 | 28,388 | 27,255 | 21,938 | 12,369 | 9,967 | 9,791 | 6,245 | 4,321 | 1,957 | 366 | 363 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 41,376 | 43,655 | 42,333 | 37,388 | 36,255 | 30,938 | 21,369 | 18,967 | 18,791 | 15,245 | 15,465 | 13,090 | 9,907 | 16,633 |
total assets | 41,859 | 44,838 | 43,248 | 38,761 | 36,409 | 31,144 | 21,644 | 19,334 | 19,280 | 15,897 | 16,334 | 14,249 | 11,452 | 18,693 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 408 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,001 | 159 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 961 | 348 | 0 | 167 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 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 |
other current liabilities | 1,121 | 2,077 | 1,676 | 3,011 | 3,383 | 2,580 | 787 | 712 | 1,012 | 478 | 2,610 | 1,687 | 0 | 7,330 |
total current liabilities | 1,121 | 2,077 | 1,676 | 3,011 | 3,383 | 3,541 | 1,135 | 712 | 1,179 | 478 | 2,610 | 1,687 | 1,001 | 7,897 |
loans | 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 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 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 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 1,121 | 2,077 | 1,676 | 3,011 | 3,383 | 3,541 | 1,135 | 712 | 1,179 | 478 | 2,610 | 1,687 | 1,001 | 7,897 |
net assets | 40,738 | 42,761 | 41,572 | 35,750 | 33,026 | 27,603 | 20,509 | 18,622 | 18,101 | 15,419 | 13,724 | 12,562 | 10,451 | 10,796 |
total shareholders funds | 40,738 | 42,761 | 41,572 | 35,750 | 33,026 | 27,603 | 20,509 | 18,622 | 18,101 | 15,419 | 13,724 | 12,562 | 10,451 | 10,796 |
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 | 8,774 | 2,374 | 682 | 3,385 | 2,173 | |||||||||
Depreciation | 700 | 700 | 458 | 458 | 0 | 69 | 92 | 122 | 163 | 217 | 290 | 386 | 515 | 687 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -1,680 | -487 | -161 | -712 | -478 | -365 | -130 | 0 | 0 | |||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,144 | 11 | 1,592 | -6,729 | 16,270 |
Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,001 | 842 | 159 |
Accruals and Deferred Income | -956 | 401 | -1,335 | -372 | 803 | 1,793 | 75 | -300 | 534 | -2,132 | 923 | 1,687 | -7,330 | 7,330 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | 8,956 | 2,054 | 343 | 3,370 | 1,924 | |||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | -961 | 613 | 348 | -167 | 167 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 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 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | 0 | 0 | 0 | 9 | 0 | 0 | 0 | 0 | 0 | |||||
cash flow from financing | 613 | 348 | -167 | 176 | 0 | 0 | 0 | 0 | 13,966 | |||||
cash and cash equivalents | ||||||||||||||
cash | -2,279 | 1,322 | 4,945 | 1,133 | 5,317 | 9,569 | 2,402 | 176 | 3,546 | 1,924 | 2,364 | 1,591 | 3 | 363 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -408 | 408 |
change in cash | -2,279 | 1,322 | 4,945 | 1,133 | 5,317 | 9,569 | 2,402 | 176 | 3,546 | 1,924 | 2,364 | 1,591 | 411 | -45 |
new age music limited Credit Report and Business Information
New Age Music Limited Competitor Analysis
Perform a competitor analysis for new age music limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in HA7 area or any other competitors across 12 key performance metrics.
new age music limited Ownership
NEW AGE MUSIC LIMITED group structure
New Age Music Limited has no subsidiary companies.
Ultimate parent company
NEW AGE MUSIC LIMITED
01977723
new age music limited directors
New Age Music Limited currently has 1 director, Ms Penelope Bron serving since Jul 1991.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Ms Penelope Bron | England | 76 years | Jul 1991 | - | Director |
P&L
June 2023turnover
122.3k
+8%
operating profit
-3.7k
0%
gross margin
45.4%
+8.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
40.7k
-0.05%
total assets
41.9k
-0.07%
cash
32.4k
-0.07%
net assets
Total assets minus all liabilities
new age music limited company details
company number
01977723
Type
Private limited with Share Capital
industry
59200 - Sound recording and music publishing activities
incorporation date
January 1986
age
38
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
tideturn limited (February 1986)
accountant
PASSER & CO
auditor
-
address
20 sunningdale close, stanmore, HA7 3QL
Bank
BARCLAYS BANK PLC
Legal Advisor
-
new age 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 new age music limited.
new age 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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new age music limited Companies House Filings - See Documents
date | description | view/download |
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