ee music limited

Live MatureMicroDeclining

ee music limited Company Information

Share EE MUSIC LIMITED

Company Number

02187264

Shareholders

i.g. curnow

i.a. curnow

Group Structure

View All

Industry

Sound recording and music publishing activities

 

Registered Address

70 northgate street, bury st. edmunds, IP33 1JD

ee music limited Estimated Valuation

£26.4k

Pomanda estimates the enterprise value of EE MUSIC LIMITED at £26.4k based on a Turnover of £66.6k and 0.4x industry multiple (adjusted for size and gross margin).

ee music limited Estimated Valuation

£0

Pomanda estimates the enterprise value of EE MUSIC LIMITED at £0 based on an EBITDA of £-367 and a 2.01x industry multiple (adjusted for size and gross margin).

ee music limited Estimated Valuation

£146.7k

Pomanda estimates the enterprise value of EE MUSIC LIMITED at £146.7k based on Net Assets of £119k and 1.23x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Ee Music Limited Overview

Ee Music Limited is a live company located in bury st. edmunds, IP33 1JD with a Companies House number of 02187264. It operates in the sound recording and music publishing activities sector, SIC Code 59200. Founded in November 1987, it's largest shareholder is i.g. curnow with a 51% stake. Ee Music Limited is a mature, micro sized company, Pomanda has estimated its turnover at £66.6k with declining growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Ee Music Limited Health Check

Pomanda's financial health check has awarded Ee Music Limited a 2 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 Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £66.6k, make it smaller than the average company (£474.1k)

£66.6k - Ee Music Limited

£474.1k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (13%)

-2% - Ee Music Limited

13% - Industry AVG

production

Production

with a gross margin of 23.3%, this company has a higher cost of product (46.1%)

23.3% - Ee Music Limited

46.1% - Industry AVG

profitability

Profitability

an operating margin of -0.5% make it less profitable than the average company (9.3%)

-0.5% - Ee Music Limited

9.3% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (2)

1 - Ee Music Limited

2 - Industry AVG

paystructure

Pay Structure

on an average salary of £46.1k, the company has an equivalent pay structure (£46.1k)

£46.1k - Ee Music Limited

£46.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £66.6k, this is less efficient (£142.8k)

£66.6k - Ee Music Limited

£142.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 115 days, this is later than average (30 days)

115 days - Ee Music Limited

30 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 166 days, this is slower than average (31 days)

166 days - Ee Music Limited

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Ee Music Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Ee Music Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 16.8%, this is a lower level of debt than the average (70.2%)

16.8% - Ee Music Limited

70.2% - Industry AVG

EE MUSIC LIMITED financials

EXPORTms excel logo

Ee Music Limited's latest turnover from March 2024 is estimated at £66.6 thousand and the company has net assets of £119 thousand. According to their latest financial statements, Ee Music Limited has 1 employee 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
Turnover66,59565,92075,68771,27553,073105,17479,63986,55631,78823,70812,34127,54241,4786,4177,388
Other Income Or Grants
Cost Of Sales51,08652,99460,83856,09240,72678,47560,80467,91124,08416,9389,68520,57630,0544,7205,388
Gross Profit15,51012,92614,84915,18312,34626,69818,83518,6447,7046,7702,6566,96611,4241,6972,000
Admin Expenses15,87718,69918,42327,73920,01612,17315,139-37,36215,80022,207-48,17313,38311,2143,88422,724
Operating Profit-367-5,773-3,574-12,556-7,67014,5253,69656,006-8,096-15,43750,829-6,417210-2,187-20,724
Interest Payable270
Interest Receivable1024232181313
Pre-Tax Profit-367-5,773-3,574-12,556-7,67014,5253,69656,016-8,072-15,41450,849-6,409223-2,174-4,194
Tax-2,760-702-11,203-11,695-5825
Profit After Tax-367-5,773-3,574-12,556-7,67011,7652,99444,813-8,072-15,41439,154-6,409165-2,174-4,169
Dividends Paid4,800
Retained Profit-367-5,773-3,574-12,556-7,67011,7652,99444,813-8,072-15,41439,154-6,409165-2,174-8,969
Employee Costs46,13238,32442,13945,36247,40347,83443,60841,39747,06147,88648,05146,43345,15446,86447,352
Number Of Employees111111111111111
EBITDA*-367-5,773-3,574-12,556-7,67014,5253,69656,006-4,708-12,34554,506-3,0404,0683,029-15,146

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets119,575120,087118,603120,546119,290121,169121,543121,75610,1629,27411,03210,13211,575106,785108,810
Intangible Assets
Investments & Other486,000401,000283,000271,000252,5005,1205,120
Debtors (Due After 1 year)
Total Fixed Assets119,575120,087118,603120,546119,290121,169121,543121,756496,162410,274294,032281,132264,075111,905113,930
Stock & work in progress
Trade Debtors21,08119,33133,04329,32222,91244,62729,99632,3886,5685,9362,3224,6019,7401,223
Group Debtors
Misc Debtors2,2782,03110,4251,209
Cash7,9031,6147,6685732,6472,7412,324
misc current assets
total current assets23,35921,36233,04329,32233,33744,62729,99632,38814,4717,5509,9905,17412,3873,9643,533
total assets142,934141,449151,646149,868152,627165,796151,539154,144510,633417,824304,022286,306276,462115,869117,463
Bank overdraft
Bank loan
Trade Creditors 23,30819,65625,33019,97811,20116,88014,38819,98739,64523,86412,64834,08637,7336,2434,000
Group/Directors Accounts27,00625,269
other short term finances
hp & lease commitments
other current liabilities3,600
total current liabilities23,30819,65625,33019,97811,20116,88014,38819,98739,64523,86412,64834,08637,73333,24932,869
loans
hp & lease commitments
Accruals and Deferred Income6502,4501,2001,200180
other liabilities
provisions1,6001,5001,5001,5001,6001,7001,500
total long term liabilities6502,4501,2001,2001801,6001,5001,5001,5001,6001,7001,500
total liabilities23,95822,10626,53021,17811,38116,88014,38819,98741,24525,36414,14835,58639,33334,94934,369
net assets118,976119,343125,116128,690141,246148,916137,151134,157469,388392,460289,874250,720237,12980,92083,094
total shareholders funds118,976119,343125,116128,690141,246148,916137,151134,157469,388392,460289,874250,720237,12980,92083,094
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-367-5,773-3,574-12,556-7,67014,5253,69656,006-8,096-15,43750,829-6,417210-2,187-20,724
Depreciation3,3883,0923,6773,3773,8585,2165,578
Amortisation
Tax-2,760-702-11,203-11,695-5825
Stock
Debtors1,997-11,6813,721-4,015-11,29014,631-2,39225,8206323,614-2,279-5,1398,517141,209
Creditors3,652-5,6745,3528,777-5,6792,492-5,599-19,65815,78111,216-21,438-3,64731,4902,2434,000
Accruals and Deferred Income-1,8001,2501,020180-3,6003,600
Deferred Taxes & Provisions-1,600100-100-1002001,500
Cash flow from operations-5121,484-1,9431,256-1,879-374-213-2,27510,541-4,74323,652-1,64826,8831,858-7,230
Investing Activities
capital expenditure512-1,4841,943-1,2561,879374213-111,594-4,276-1,334-4,577-1,93491,352-3,191-114,388
Change in Investments-486,00085,000118,00012,00018,500247,3805,120
cash flow from investments512-1,4841,943-1,2561,879374213374,406-89,276-119,334-16,577-20,434-156,028-3,191-119,508
Financing Activities
Bank loans
Group/Directors Accounts-27,0061,73725,269
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-380,04485,000118,00020,000156,04492,063
interest1024232181313-270
cash flow from financing-380,03485,024118,0232120,008129,0511,750117,062
cash and cash equivalents
cash-7,9036,289-6,0547,095-2,074-944172,324
overdraft
change in cash-7,9036,289-6,0547,095-2,074-944172,324

ee music limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for ee music limited. Get real-time insights into ee music limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Ee Music Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for ee music limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in IP33 area or any other competitors across 12 key performance metrics.

ee music limited Ownership

EE MUSIC LIMITED group structure

Ee Music Limited has no subsidiary companies.

Ultimate parent company

EE MUSIC LIMITED

02187264

EE MUSIC LIMITED Shareholders

i.g. curnow 51%
i.a. curnow 49%

ee music limited directors

Ee Music Limited currently has 2 directors. The longest serving directors include Mrs Irena Curnow (Jul 1991) and Mr Ian Curnow (Jul 1991).

officercountryagestartendrole
Mrs Irena CurnowEngland67 years Jul 1991- Director
Mr Ian CurnowEngland68 years Jul 1991- Director

P&L

March 2024

turnover

66.6k

+1%

operating profit

-367

0%

gross margin

23.3%

+18.77%

turnover

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

Balance Sheet

March 2024

net assets

119k

0%

total assets

142.9k

+0.01%

cash

0

0%

net assets

Total assets minus all liabilities

ee music limited company details

company number

02187264

Type

Private limited with Share Capital

industry

59200 - Sound recording and music publishing activities

incorporation date

November 1987

age

38

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

TAXASSIST ACCOUNTANTS

auditor

-

address

70 northgate street, bury st. edmunds, IP33 1JD

Bank

-

Legal Advisor

-

ee 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 ee music limited.

ee 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.

Click to start generating capital raising & share issue transactions for EE MUSIC LIMITED. This can take several minutes, an email will notify you when this has completed.

ee music limited Companies House Filings - See Documents

datedescriptionview/download