music industries association

2.5

music industries association Company Information

Share MUSIC INDUSTRIES ASSOCIATION
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MatureMicroDeclining

Company Number

02091034

Registered 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

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Directors

Jon Gold16 Years

Anthony Short9 Years

View All

Shareholders

-0%

music industries association Estimated Valuation

£145.1k

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

£0

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

£368.9k

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
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £347k, make it smaller than the average company (£2.2m)

£347k - Music Industries Association

£2.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -26%, show it is growing at a slower rate (6.5%)

-26% - Music Industries Association

6.5% - Industry AVG

production

Production

with a gross margin of 16.6%, this company has a higher cost of product (35.9%)

16.6% - Music Industries Association

35.9% - Industry AVG

profitability

Profitability

an operating margin of -3.2% make it less profitable than the average company (6%)

-3.2% - Music Industries Association

6% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (17)

2 - Music Industries Association

17 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.5k, the company has an equivalent pay structure (£40.5k)

£40.5k - Music Industries Association

£40.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £173.5k, this is more efficient (£119.9k)

£173.5k - Music Industries Association

£119.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 155 days, this is later than average (34 days)

155 days - Music Industries Association

34 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 7 days, this is quicker than average (35 days)

7 days - Music Industries Association

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Music Industries Association

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Music Industries Association

- - Industry AVG

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover347,045363,927466,920870,996799,724911,459900,0401,210,896282,370323,687332,528262,557198,074187,668199,756
Other Income Or Grants000000000000000
Cost Of Sales289,601300,660389,911735,412662,687759,766749,842995,054233,093269,130276,743217,282162,102152,392160,790
Gross Profit57,44463,26777,009135,584137,038151,694150,198215,84249,27754,55755,78545,27635,97235,27638,966
Admin Expenses68,710110,826167,410202,699166,087161,162129,649180,39456,58147,06618,367-11,29026,538-107,201-190,867
Operating Profit-11,266-47,559-90,401-67,115-29,049-9,46820,54935,448-7,3047,49137,41856,5669,434142,477229,833
Interest Payable000000000000000
Interest Receivable00000004171,7191,7381,5931,4131,3241,021370
Pre-Tax Profit-11,266-47,559-90,401-67,115-29,049-9,46820,54935,865-5,5859,22939,01257,97910,758143,499230,203
Tax000000-3,904-7,1730-1,938-8,973-13,915-2,797-40,180-64,457
Profit After Tax-11,266-47,559-90,401-67,115-29,049-9,46816,64528,692-5,5857,29130,03944,0647,961103,319165,746
Dividends Paid000000000000000
Retained Profit-11,266-47,559-90,401-67,115-29,049-9,46816,64528,692-5,5857,29130,03944,0647,961103,319165,746
Employee Costs81,00687,14083,162160,000118,663114,807108,639177,61635,65771,17470,51334,63134,59934,13035,229
Number Of Employees222433351221111
EBITDA*-11,266-47,559-90,401-67,115-29,049-9,46820,54935,448-6,3518,44437,97756,5669,568142,856230,212

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets869296557120569179133951,3481,11900134513
Intangible Assets000000000000000
Investments & Other0000000012121212888
Debtors (Due After 1 year)00000000008,9010000
Total Fixed Assets869296557120569179134071,36010,032128142521
Stock & work in progress000000000000000
Trade Debtors147,637170,687230,925315,875390,941449,054455,720433,35474,91279,70279,23971,09351,49150,58657,350
Group Debtors000000000000000
Misc Debtors5039074,5844,00010,7840000000000
Cash00000000333,958353,825341,407295,953269,225260,480147,982
misc current assets000000000000000
total current assets148,140171,594235,509319,875401,725449,054455,720433,354408,870433,527420,646367,046320,716311,066205,332
total assets149,009171,890236,066319,887401,725449,623455,899433,367409,277434,887430,678367,058320,724311,208205,853
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 5,6952,05617,55415,06017,05960,91957,72751,84056,44276,46779,54945,96843,69842,14340,107
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities5,6952,05617,55415,06017,05960,91957,72751,84056,44276,46779,54945,96843,69842,14340,107
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income015,25415,95412,28724,7730000000000
other liabilities00002380000000000
provisions00419000000000000
total long term liabilities015,25416,37312,28725,0110000000000
total liabilities5,69517,31033,92727,34742,07060,91957,72751,84056,44276,46779,54945,96843,69842,14340,107
net assets143,314154,580202,139292,540359,655388,704398,172381,527352,835358,420351,129321,090277,026269,065165,746
total shareholders funds143,314154,580202,139292,540359,655388,704398,172381,527352,835358,420351,129321,090277,026269,065165,746
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-11,266-47,559-90,401-67,115-29,049-9,46820,54935,448-7,3047,49137,41856,5669,434142,477229,833
Depreciation000000009539535590134379379
Amortisation000000000000000
Tax000000-3,904-7,1730-1,938-8,973-13,915-2,797-40,180-64,457
Stock000000000000000
Debtors-23,454-63,915-84,366-81,850-47,329-6,66622,366358,442-4,790-8,43817,04719,602905-6,76457,350
Creditors3,639-15,4982,494-1,999-43,8603,1925,887-4,602-20,025-3,08233,5812,2701,5552,03640,107
Accruals and Deferred Income-15,254-7003,667-12,48624,7730000000000
Deferred Taxes & Provisions0-419419000000000000
Cash flow from operations573-261545250-807390166-334,769-21,58611,86245,53825,3197,421111,476148,512
Investing Activities
capital expenditure-573261-545-12569-390-1663820-1,182-1,678000-892
Change in Investments0000000-120004008
cash flow from investments-573261-545-12569-390-1663940-1,182-1,678-400-900
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000-2382380000000000
share issue000000000000000
interest00000004171,7191,7381,5931,4131,3241,021370
cash flow from financing000-238238004171,7191,7381,5931,4131,3241,021370
cash and cash equivalents
cash0000000-333,958-19,86712,41845,45426,7288,745112,498147,982
overdraft000000000000000
change in cash0000000-333,958-19,86712,41845,45426,7288,745112,498147,982

music industries association 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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Music Industries Association Competitor Analysis

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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 Shareholders

--

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).

officercountryagestartendrole
Mr Jon Gold63 years Sep 2007- Director
Mr Anthony ShortEngland53 years Sep 2014- Director
Mr Steven GreenallEngland50 years Sep 2019- Director
Mr Stuart WilliamsEngland51 years Sep 2019- Director
Ms Sarah YuleEngland42 years Nov 2020- Director
Mrs Suzanne Harlow58 years Jul 2021- Director
Mr Mrunal DaveEngland39 years Jul 2021- Director
Mr Mrunal Dave39 years Jul 2021- Director
Miss Olivia WildEngland34 years Jul 2021- Director
Mr Jonathan BradingEngland46 years Mar 2023- Director

P&L

March 2024

turnover

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 2024

net 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

None

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

music industries association Companies House Filings - See Documents

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