new age music limited

new age music limited Company Information

Share NEW AGE MUSIC LIMITED
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Company Number

01977723

Industry

Sound recording and music publishing activities

 

Directors

Penelope Bron

Shareholders

penelope ann bron

Group Structure

View All

Contact

Registered Address

20 sunningdale close, stanmore, HA7 3QL

new age music limited Estimated Valuation

£75.4k

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

£0

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

£75.5k

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

Health Check Image
Health Rating3.5out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £122.3k, make it smaller than the average company (£494.2k)

£122.3k - New Age Music Limited

£494.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (10%)

1% - New Age Music Limited

10% - Industry AVG

production

Production

with a gross margin of 45.4%, this company has a comparable cost of product (45.4%)

45.4% - New Age Music Limited

45.4% - Industry AVG

profitability

Profitability

an operating margin of -3% make it less profitable than the average company (8.1%)

-3% - New Age Music Limited

8.1% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (3)

1 - New Age Music Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.5k, the company has an equivalent pay structure (£32.5k)

£32.5k - New Age Music Limited

£32.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £122.3k, this is equally as efficient (£122.3k)

£122.3k - New Age Music Limited

£122.3k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - New Age Music Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - New Age Music Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - New Age Music Limited

- - Industry AVG

cashbalance

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

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover122,295113,305115,762117,93209,6313,5291,5665,7577,3053,39912,6756,6045,136
Other Income Or Grants00000000000000
Cost Of Sales66,81166,07167,57665,10104,9911,96279403,49706,3743,5992,653
Gross Profit55,48547,23448,18652,83104,6401,5677725,7573,8083,3996,3013,0052,483
Admin Expenses59,18446,19141,02949,496-6,511-4,134-807902,3721,6351,9063,5293,3395,641
Operating Profit-3,6991,0437,1573,3356,5118,7742,3746823,3852,1731,4932,772-334-3,158
Interest Payable00000000000000
Interest Receivable1,6764253128184000900000
Pre-Tax Profit-2,0231,4687,1883,3636,6958,7742,3746823,3942,1731,5272,241-345-3,170
Tax0-279-1,366-639-1,272-1,680-487-161-712-478-365-13000
Profit After Tax-2,0231,1895,8222,7245,4237,0941,8875212,6821,6951,1622,111-345-3,170
Dividends Paid00000000000000
Retained Profit-2,0231,1895,8222,7245,4237,0941,8875212,6821,6951,1622,111-345-3,170
Employee Costs32,52040,77243,55645,543047,49041,56245,64947,88647,78550,99244,93446,91147,352
Number Of Employees11110111111111
EBITDA*-2,9991,7437,6153,7936,5118,8432,4668043,5482,3901,7833,158181-2,471

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets4831,1839151,3731542062753674896528691,1591,5452,060
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets4831,1839151,3731542062753674896528691,1591,5452,060
Stock & work in progress00000000000000
Trade Debtors00000000000000
Group Debtors9,0009,0009,0009,0009,0009,0009,0009,0009,0009,0009,0009,0007,2000
Misc Debtors00000000002,1442,1332,34116,270
Cash32,37634,65533,33328,38827,25521,93812,3699,9679,7916,2454,3211,957366363
misc current assets00000000000000
total current assets41,37643,65542,33337,38836,25530,93821,36918,96718,79115,24515,46513,0909,90716,633
total assets41,85944,83843,24838,76136,40931,14421,64419,33419,28015,89716,33414,24911,45218,693
Bank overdraft0000000000000408
Bank loan00000000000000
Trade Creditors 0000000000001,001159
Group/Directors Accounts00000961348016700000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities1,1212,0771,6763,0113,3832,5807877121,0124782,6101,68707,330
total current liabilities1,1212,0771,6763,0113,3833,5411,1357121,1794782,6101,6871,0017,897
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions00000000000000
total long term liabilities00000000000000
total liabilities1,1212,0771,6763,0113,3833,5411,1357121,1794782,6101,6871,0017,897
net assets40,73842,76141,57235,75033,02627,60320,50918,62218,10115,41913,72412,56210,45110,796
total shareholders funds40,73842,76141,57235,75033,02627,60320,50918,62218,10115,41913,72412,56210,45110,796
Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit-3,6991,0437,1573,3356,5118,7742,3746823,3852,1731,4932,772-334-3,158
Depreciation70070045845806992122163217290386515687
Amortisation00000000000000
Tax0-279-1,366-639-1,272-1,680-487-161-712-478-365-13000
Stock00000000000000
Debtors000000000-2,144111,592-6,72916,270
Creditors00000000000-1,001842159
Accruals and Deferred Income-956401-1,335-3728031,79375-300534-2,1329231,687-7,3307,330
Deferred Taxes & Provisions00000000000000
Cash flow from operations-3,9551,8654,9142,7826,0428,9562,0543433,3701,9242,3302,122422-11,252
Investing Activities
capital expenditure0-9680-1,6775200000000-2,747
Change in Investments00000000000000
cash flow from investments0-9680-1,6775200000000-2,747
Financing Activities
Bank loans00000000000000
Group/Directors Accounts0000-961613348-16716700000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00000000000000
share issue000000000000013,966
interest1,6764253128184000900000
cash flow from financing1,6764253128-777613348-167176000013,966
cash and cash equivalents
cash-2,2791,3224,9451,1335,3179,5692,4021763,5461,9242,3641,5913363
overdraft000000000000-408408
change in cash-2,2791,3224,9451,1335,3179,5692,4021763,5461,9242,3641,591411-45

new age 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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New Age Music Limited Competitor Analysis

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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 Shareholders

penelope ann bron 100%

new age music limited directors

New Age Music Limited currently has 1 director, Ms Penelope Bron serving since Jul 1991.

officercountryagestartendrole
Ms Penelope BronEngland76 years Jul 1991- Director

P&L

June 2023

turnover

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 2023

net 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

None

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

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