erato record classics limited

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erato record classics limited Company Information

Share ERATO RECORD CLASSICS LIMITED

Company Number

02074980

Directors

Jamie Moran

Antony Harlow

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Shareholders

parlophone records ltd

Group Structure

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Industry

Artistic creation

 

Registered Address

cannon place, 78 cannon street, london, EC4N 6AF

erato record classics limited Estimated Valuation

£2

Pomanda estimates the enterprise value of ERATO RECORD CLASSICS LIMITED at £2 based on a Turnover of £8 and 0.32x industry multiple (adjusted for size and gross margin).

erato record classics limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ERATO RECORD CLASSICS LIMITED at £0 based on an EBITDA of £0 and a 4.47x industry multiple (adjusted for size and gross margin).

erato record classics limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ERATO RECORD CLASSICS LIMITED at £0 based on Net Assets of £1 and 0.92x industry multiple (adjusted for liquidity).

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Erato Record Classics Limited Overview

Erato Record Classics Limited is a live company located in london, EC4N 6AF with a Companies House number of 02074980. It operates in the artistic creation sector, SIC Code 90030. Founded in November 1986, it's largest shareholder is parlophone records ltd with a 100% stake. Erato Record Classics Limited is a mature, micro sized company, Pomanda has estimated its turnover at £8.5 with healthy growth in recent years.

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Erato Record Classics Limited Health Check

Pomanda's financial health check has awarded Erato Record Classics Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £8.5, make it smaller than the average company (£314.2k)

£8.5 - Erato Record Classics Limited

£314.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (5.8%)

5% - Erato Record Classics Limited

5.8% - Industry AVG

production

Production

with a gross margin of 23.8%, this company has a higher cost of product (56.7%)

23.8% - Erato Record Classics Limited

56.7% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Erato Record Classics Limited

- - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (5)

1 - Erato Record Classics Limited

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £26.9k, the company has an equivalent pay structure (£26.9k)

£26.9k - Erato Record Classics Limited

£26.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £8.5, this is less efficient (£77.5k)

£8.5 - Erato Record Classics Limited

£77.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 43 days, this is later than average (16 days)

43 days - Erato Record Classics Limited

16 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Erato Record Classics Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Erato Record Classics Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Erato Record Classics Limited

- - Industry AVG

debtlevel

Debt Level

There is insufficient data available for this Key Performance Indicator!

- - Erato Record Classics Limited

- - Industry AVG

ERATO RECORD CLASSICS LIMITED financials

EXPORTms excel logo

Erato Record Classics Limited's latest turnover from September 2023 is estimated at £8 and the company has net assets of £1. According to their latest financial statements, we estimate that Erato Record Classics Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Mar 2013Mar 2012Mar 2011Mar 2010
Turnover87777
Other Income Or Grants
Cost Of Sales65565
Gross Profit22222
Admin Expenses222215,605,535-20,266,926-20,533,596
Operating Profit-15,605,53320,266,92620,533,596
Interest Payable
Interest Receivable
Pre-Tax Profit-15,605,53320,266,92620,533,596
Tax-4,661,393-4,928,063
Profit After Tax-15,605,53315,605,53315,605,533
Dividends Paid
Retained Profit-15,605,53315,605,53315,605,533
Employee Costs26,94726,29027,06426,05625,103
Number Of Employees11111111
EBITDA*-15,605,53320,266,92620,533,596

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors11111
Group Debtors11
Misc Debtors
Cash
misc current assets
total current assets11111111
total assets11111111
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
net assets11111111
total shareholders funds11111111
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-15,605,53320,266,92620,533,596
Depreciation
Amortisation
Tax-4,661,393-4,928,063
Stock
Debtors1-1-11
Creditors
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-15,605,53415,605,53415,605,534-1
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 issue15,605,534-15,605,534-15,605,5341
interest
cash flow from financing15,605,534-15,605,534-15,605,5341
cash and cash equivalents
cash
overdraft
change in cash

erato record classics 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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Erato Record Classics Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for erato record classics limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in EC4N area or any other competitors across 12 key performance metrics.

erato record classics limited Ownership

ERATO RECORD CLASSICS LIMITED group structure

Erato Record Classics Limited has no subsidiary companies.

Ultimate parent company

ACCESS INDUSTRIES LLC

#0058130

2 parents

ERATO RECORD CLASSICS LIMITED

02074980

ERATO RECORD CLASSICS LIMITED Shareholders

parlophone records ltd 100%

erato record classics limited directors

Erato Record Classics Limited currently has 3 directors. The longest serving directors include Mr Jamie Moran (Jan 2020) and Mr Antony Harlow (Jan 2021).

officercountryagestartendrole
Mr Jamie MoranEngland54 years Jan 2020- Director
Mr Antony HarlowEngland60 years Jan 2021- Director
Mr Kevin GoreUnited States59 years Apr 2021- Director

P&L

September 2023

turnover

8.5

+18%

operating profit

0

0%

gross margin

23.9%

-8.69%

turnover

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

Balance Sheet

September 2023

net assets

1

0%

total assets

1

0%

cash

0

0%

net assets

Total assets minus all liabilities

Similar Companies

Similar companies unavailable for this selection

erato record classics limited company details

company number

02074980

Type

Private limited with Share Capital

industry

90030 - Artistic creation

incorporation date

November 1986

age

39

incorporated

UK

ultimate parent company

ACCESS INDUSTRIES LLC

accounts

Dormant

last accounts submitted

September 2023

previous names

virgin record classics limited (June 2013)

virgin classics limited (September 1992)

accountant

-

auditor

-

address

cannon place, 78 cannon street, london, EC4N 6AF

Bank

THE ROYAL BANK OF SCOTLAND PLC

Legal Advisor

-

erato record classics 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 found 2 charges/mortgages relating to erato record classics limited. Currently there are 0 open charges and 2 have been satisfied in the past.

erato record classics 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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erato record classics limited Companies House Filings - See Documents

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