music industries association Company Information
Company Number
02091034
Website
http://mia.org.ukRegistered Address
7 bell yard, london, WC2A 2JR
Industry
Other business support service activities n.e.c.
Telephone
01403800500
Next Accounts Due
December 2025
Group Structure
View All
Shareholders
-0%
music industries association Estimated Valuation
Pomanda estimates the enterprise value of MUSIC INDUSTRIES ASSOCIATION at £145.1k based on a Turnover of £347k and 0.42x industry multiple (adjusted for size and gross margin).
music industries association Estimated Valuation
Pomanda estimates the enterprise value of MUSIC INDUSTRIES ASSOCIATION at £0 based on an EBITDA of £-11.3k and a 3.35x industry multiple (adjusted for size and gross margin).
music industries association Estimated Valuation
Pomanda estimates the enterprise value of MUSIC INDUSTRIES ASSOCIATION at £368.9k based on Net Assets of £143.3k and 2.57x industry multiple (adjusted for liquidity).
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Music Industries Association Overview
Music Industries Association is a live company located in london, WC2A 2JR with a Companies House number of 02091034. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in January 1987, it's largest shareholder is unknown. Music Industries Association is a mature, micro sized company, Pomanda has estimated its turnover at £347k with declining growth in recent years.
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Music Industries Association Health Check
Pomanda's financial health check has awarded Music Industries Association a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
![Health Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
2 Strong
![positive_score](/assets/images/scoreRate1.png)
1 Regular
![positive_score](/assets/images/scoreRate0.png)
7 Weak
![size](/assets/images/scoreRate0.png)
Size
annual sales of £347k, make it smaller than the average company (£2.2m)
- Music Industries Association
£2.2m - Industry AVG
![growth](/assets/images/scoreRate0.png)
Growth
3 year (CAGR) sales growth of -26%, show it is growing at a slower rate (6.5%)
- Music Industries Association
6.5% - Industry AVG
![production](/assets/images/scoreRate0.png)
Production
with a gross margin of 16.6%, this company has a higher cost of product (35.9%)
- Music Industries Association
35.9% - Industry AVG
![profitability](/assets/images/scoreRate0.png)
Profitability
an operating margin of -3.2% make it less profitable than the average company (6%)
- Music Industries Association
6% - Industry AVG
![employees](/assets/images/scoreRate0.png)
Employees
with 2 employees, this is below the industry average (17)
2 - Music Industries Association
17 - Industry AVG
![paystructure](/assets/images/scoreRate1.png)
Pay Structure
on an average salary of £40.5k, the company has an equivalent pay structure (£40.5k)
- Music Industries Association
£40.5k - Industry AVG
![efficiency](/assets/images/scoreRate2.png)
Efficiency
resulting in sales per employee of £173.5k, this is more efficient (£119.9k)
- Music Industries Association
£119.9k - Industry AVG
![debtordays](/assets/images/scoreRate0.png)
Debtor Days
it gets paid by customers after 155 days, this is later than average (34 days)
- Music Industries Association
34 days - Industry AVG
![creditordays](/assets/images/scoreRate0.png)
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (35 days)
- Music Industries Association
35 days - Industry AVG
![stockdays](/assets/images/scoreRate-1.png)
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Music Industries Association
- - Industry AVG
![cashbalance](/assets/images/scoreRate-1.png)
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Music Industries Association
- - Industry AVG
![debtlevel](/assets/images/scoreRate2.png)
Debt Level
it has a ratio of liabilities to total assets of 3.8%, this is a lower level of debt than the average (56.9%)
3.8% - Music Industries Association
56.9% - Industry AVG
MUSIC INDUSTRIES ASSOCIATION financials
![ms excel logo](/assets/images/ms_excel_logo.png)
Music Industries Association's latest turnover from March 2024 is estimated at £347 thousand and the company has net assets of £143.3 thousand. According to their latest financial statements, Music Industries Association has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 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 | 2 | 2 | 2 | 3 | 3 | 3 | |||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 869 | 296 | 557 | 12 | 0 | 569 | 179 | 13 | 395 | 1,348 | 1,119 | 0 | 0 | 134 | 513 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12 | 12 | 12 | 12 | 8 | 8 | 8 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,901 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 869 | 296 | 557 | 12 | 0 | 569 | 179 | 13 | 407 | 1,360 | 10,032 | 12 | 8 | 142 | 521 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 147,637 | 170,687 | 230,925 | 315,875 | 390,941 | 449,054 | 455,720 | 433,354 | 74,912 | 79,702 | 79,239 | 71,093 | 51,491 | 50,586 | 57,350 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 503 | 907 | 4,584 | 4,000 | 10,784 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 333,958 | 353,825 | 341,407 | 295,953 | 269,225 | 260,480 | 147,982 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 148,140 | 171,594 | 235,509 | 319,875 | 401,725 | 449,054 | 455,720 | 433,354 | 408,870 | 433,527 | 420,646 | 367,046 | 320,716 | 311,066 | 205,332 |
total assets | 149,009 | 171,890 | 236,066 | 319,887 | 401,725 | 449,623 | 455,899 | 433,367 | 409,277 | 434,887 | 430,678 | 367,058 | 320,724 | 311,208 | 205,853 |
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 | 5,695 | 2,056 | 17,554 | 15,060 | 17,059 | 60,919 | 57,727 | 51,840 | 56,442 | 76,467 | 79,549 | 45,968 | 43,698 | 42,143 | 40,107 |
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 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 5,695 | 2,056 | 17,554 | 15,060 | 17,059 | 60,919 | 57,727 | 51,840 | 56,442 | 76,467 | 79,549 | 45,968 | 43,698 | 42,143 | 40,107 |
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 | 15,254 | 15,954 | 12,287 | 24,773 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 238 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 419 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 15,254 | 16,373 | 12,287 | 25,011 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 5,695 | 17,310 | 33,927 | 27,347 | 42,070 | 60,919 | 57,727 | 51,840 | 56,442 | 76,467 | 79,549 | 45,968 | 43,698 | 42,143 | 40,107 |
net assets | 143,314 | 154,580 | 202,139 | 292,540 | 359,655 | 388,704 | 398,172 | 381,527 | 352,835 | 358,420 | 351,129 | 321,090 | 277,026 | 269,065 | 165,746 |
total shareholders funds | 143,314 | 154,580 | 202,139 | 292,540 | 359,655 | 388,704 | 398,172 | 381,527 | 352,835 | 358,420 | 351,129 | 321,090 | 277,026 | 269,065 | 165,746 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 953 | 953 | 559 | 0 | 134 | 379 | 379 | ||||||||
Amortisation | 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 | -23,454 | -63,915 | -84,366 | -81,850 | -47,329 | -6,666 | 22,366 | 358,442 | -4,790 | -8,438 | 17,047 | 19,602 | 905 | -6,764 | 57,350 |
Creditors | 3,639 | -15,498 | 2,494 | -1,999 | -43,860 | 3,192 | 5,887 | -4,602 | -20,025 | -3,082 | 33,581 | 2,270 | 1,555 | 2,036 | 40,107 |
Accruals and Deferred Income | -15,254 | -700 | 3,667 | -12,486 | 24,773 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | -419 | 419 | 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 | -12 | 0 | 0 | 0 | 4 | 0 | 0 | 8 |
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 | 0 | -238 | 238 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -333,958 | -19,867 | 12,418 | 45,454 | 26,728 | 8,745 | 112,498 | 147,982 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -333,958 | -19,867 | 12,418 | 45,454 | 26,728 | 8,745 | 112,498 | 147,982 |
music industries association Credit Report and Business Information
Music Industries Association Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
Perform a competitor analysis for music industries association by selecting its closest rivals and benchmarking them against 12 key performance metrics.
music industries association Ownership
MUSIC INDUSTRIES ASSOCIATION group structure
Music Industries Association has 2 subsidiary companies.
Ultimate parent company
MUSIC INDUSTRIES ASSOCIATION
02091034
2 subsidiaries
music industries association directors
Music Industries Association currently has 19 directors. The longest serving directors include Mr Jon Gold (Sep 2007) and Mr Anthony Short (Sep 2014).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Jon Gold | 63 years | Sep 2007 | - | Director | |
Mr Anthony Short | England | 53 years | Sep 2014 | - | Director |
Mr Steven Greenall | England | 50 years | Sep 2019 | - | Director |
Mr Stuart Williams | England | 51 years | Sep 2019 | - | Director |
Ms Sarah Yule | England | 42 years | Nov 2020 | - | Director |
Mrs Suzanne Harlow | 58 years | Jul 2021 | - | Director | |
Mr Mrunal Dave | England | 39 years | Jul 2021 | - | Director |
Mr Mrunal Dave | 39 years | Jul 2021 | - | Director | |
Miss Olivia Wild | England | 34 years | Jul 2021 | - | Director |
Mr Jonathan Brading | England | 46 years | Mar 2023 | - | Director |
P&L
March 2024turnover
347k
-5%
operating profit
-11.3k
0%
gross margin
16.6%
-4.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
143.3k
-0.07%
total assets
149k
-0.13%
cash
0
0%
net assets
Total assets minus all liabilities
music industries association company details
company number
02091034
Type
Private Ltd By Guarantee w/o Share Cap
industry
82990 - Other business support service activities n.e.c.
incorporation date
January 1987
age
37
accounts
Micro-Entity Accounts
ultimate parent company
previous names
music industries association(the) (May 1987)
incorporated
UK
address
7 bell yard, london, WC2A 2JR
last accounts submitted
March 2024
music industries association 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 music industries association.
![charges](/assets/images/company_charges.png)
music industries association Companies House Filings - See Documents
date | description | view/download |
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