naxos music uk limited
naxos music uk limited Company Information
Company Number
02619679
Next Accounts
Sep 2025
Shareholders
naxos global distribution ltd
Group Structure
View All
Industry
Wholesale of gramophone records, audio tapes, compact discs and video tapes and of the equipment on which these are played
Registered Address
3rd floor forum house, 41-51 brighton road, redhill, surrey, RH1 6YS
Website
http://selectmusic.co.uknaxos music uk limited Estimated Valuation
Pomanda estimates the enterprise value of NAXOS MUSIC UK LIMITED at £2.7m based on a Turnover of £6.2m and 0.44x industry multiple (adjusted for size and gross margin).
naxos music uk limited Estimated Valuation
Pomanda estimates the enterprise value of NAXOS MUSIC UK LIMITED at £0 based on an EBITDA of £-163.7k and a 4.99x industry multiple (adjusted for size and gross margin).
naxos music uk limited Estimated Valuation
Pomanda estimates the enterprise value of NAXOS MUSIC UK LIMITED at £5.8m based on Net Assets of £3.3m and 1.76x industry multiple (adjusted for liquidity).
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Naxos Music Uk Limited Overview
Naxos Music Uk Limited is a live company located in redhill, RH1 6YS with a Companies House number of 02619679. It operates in the wholesale of audio tapes, records, cds and video tapes and the equipment on which these are played sector, SIC Code 46431. Founded in June 1991, it's largest shareholder is naxos global distribution ltd with a 100% stake. Naxos Music Uk Limited is a mature, mid sized company, Pomanda has estimated its turnover at £6.2m with declining growth in recent years.
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Naxos Music Uk Limited Health Check
Pomanda's financial health check has awarded Naxos Music Uk Limited a 3 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
2 Strong
3 Regular
7 Weak
Size
annual sales of £6.2m, make it smaller than the average company (£10.8m)
- Naxos Music Uk Limited
£10.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (0.6%)
- Naxos Music Uk Limited
0.6% - Industry AVG
Production
with a gross margin of 22.8%, this company has a comparable cost of product (22.8%)
- Naxos Music Uk Limited
22.8% - Industry AVG
Profitability
an operating margin of -3.2% make it less profitable than the average company (4.5%)
- Naxos Music Uk Limited
4.5% - Industry AVG
Employees
with 16 employees, this is below the industry average (30)
16 - Naxos Music Uk Limited
30 - Industry AVG
Pay Structure
on an average salary of £55.2k, the company has an equivalent pay structure (£55.2k)
- Naxos Music Uk Limited
£55.2k - Industry AVG
Efficiency
resulting in sales per employee of £385.1k, this is equally as efficient (£432.2k)
- Naxos Music Uk Limited
£432.2k - Industry AVG
Debtor Days
it gets paid by customers after 53 days, this is later than average (34 days)
- Naxos Music Uk Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 17 days, this is quicker than average (30 days)
- Naxos Music Uk Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 26 days, this is less than average (43 days)
- Naxos Music Uk Limited
43 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (44 weeks)
11 weeks - Naxos Music Uk Limited
44 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 20.4%, this is a lower level of debt than the average (44.7%)
20.4% - Naxos Music Uk Limited
44.7% - Industry AVG
NAXOS MUSIC UK LIMITED financials
Naxos Music Uk Limited's latest turnover from December 2023 is estimated at £6.2 million and the company has net assets of £3.3 million. According to their latest financial statements, Naxos Music Uk Limited has 16 employees and maintains cash reserves of £183 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 7,982,363 | 8,762,024 | 9,237,826 | 9,011,092 | 9,672,366 | 10,217,150 | 10,406,147 | ||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 5,920,723 | 6,592,235 | 7,052,932 | 7,969,382 | |||||||||||
| Gross Profit | 2,061,640 | 2,169,789 | 2,184,894 | 2,436,765 | |||||||||||
| Admin Expenses | 2,032,570 | 2,066,776 | 1,973,419 | 2,364,114 | |||||||||||
| Operating Profit | 29,070 | 103,013 | 211,475 | 102,501 | 49,796 | 132,454 | 72,651 | ||||||||
| Interest Payable | 117 | 138 | 326 | 2,214 | 1,086 | 3,022 | 4,880 | ||||||||
| Interest Receivable | 60,243 | 57,075 | 57,358 | 58,571 | 55,070 | 33,098 | 21,114 | ||||||||
| Pre-Tax Profit | 89,196 | 206,247 | 268,507 | 158,858 | 103,780 | 162,530 | 88,885 | ||||||||
| Tax | -15,599 | -42,115 | -49,085 | -40,718 | -32,344 | -52,192 | -29,788 | ||||||||
| Profit After Tax | 73,597 | 164,132 | 219,422 | 118,140 | 71,436 | 110,338 | 59,097 | ||||||||
| Dividends Paid | 100,000 | 100,000 | |||||||||||||
| Retained Profit | 71,624 | 162,953 | 119,422 | 118,140 | 71,436 | 10,338 | 59,097 | ||||||||
| Employee Costs | 1,146,205 | 1,174,141 | 1,142,355 | 1,190,571 | 1,295,298 | 1,247,313 | 1,336,534 | ||||||||
| Number Of Employees | 16 | 21 | 22 | 25 | 25 | 31 | 37 | 37 | 39 | 42 | 43 | 45 | |||
| EBITDA* | 84,287 | 153,315 | 257,882 | 143,182 | 86,479 | 158,967 | 107,616 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 97,918 | 120,521 | 246,370 | 297,274 | 335,097 | 332,057 | 45,269 | 80,747 | 127,621 | 130,471 | 101,505 | 86,919 | 102,875 | 86,447 | 51,555 |
| Intangible Assets | 4,418 | 5,017 | |||||||||||||
| Investments & Other | 192,743 | 192,743 | 192,743 | 192,743 | 192,743 | 190,233 | 190,232 | 190,232 | |||||||
| Debtors (Due After 1 year) | 12,666 | 12,666 | 76,552 | 76,552 | 76,152 | 76,152 | 76,152 | 174,983 | 174,860 | 174,511 | 173,915 | 173,274 | 172,494 | 172,031 | 171,787 |
| Total Fixed Assets | 303,327 | 325,930 | 515,665 | 566,569 | 603,992 | 598,442 | 311,653 | 445,962 | 306,899 | 309,999 | 275,420 | 260,193 | 275,369 | 258,478 | 223,342 |
| Stock & work in progress | 350,333 | 465,151 | 648,549 | 609,739 | 761,592 | 736,092 | 871,207 | 797,806 | 1,036,959 | 1,195,412 | 1,231,038 | 1,331,748 | 1,256,170 | 1,244,041 | 1,909,525 |
| Trade Debtors | 908,393 | 1,035,828 | 611,646 | 1,020,371 | 806,240 | 957,753 | 1,118,047 | 1,108,843 | 850,116 | 1,205,049 | 1,298,918 | 1,094,391 | 1,498,903 | 1,758,415 | 1,900,346 |
| Group Debtors | 2,033,687 | 2,148,056 | 1,669,178 | 1,352,350 | 1,552,376 | 1,933,884 | 2,367,411 | 1,856,017 | 1,639,972 | 1,356,210 | 1,833,817 | 1,955,007 | 1,807,696 | 1,845,490 | 1,276,804 |
| Misc Debtors | 323,091 | 349,818 | 403,937 | 74,292 | 344,975 | 390,781 | 876,238 | 651,973 | 757,577 | 647,010 | 800,491 | 677,599 | 432,665 | 197,775 | 263,553 |
| Cash | 182,999 | 232,136 | 892,014 | 1,216,268 | 397,998 | 460,765 | 67,613 | 643,040 | 696,863 | 582,148 | 461,779 | 6,377 | 1,022 | 261,056 | 431,598 |
| misc current assets | |||||||||||||||
| total current assets | 3,798,503 | 4,230,989 | 4,225,324 | 4,273,020 | 3,863,181 | 4,479,275 | 5,300,516 | 5,057,679 | 4,981,487 | 4,985,829 | 5,626,043 | 5,065,122 | 4,996,456 | 5,306,777 | 5,781,826 |
| total assets | 4,101,830 | 4,556,919 | 4,740,989 | 4,839,589 | 4,467,173 | 5,077,717 | 5,612,169 | 5,503,641 | 5,288,386 | 5,295,828 | 5,901,463 | 5,325,315 | 5,271,825 | 5,565,255 | 6,005,168 |
| Bank overdraft | 117,406 | 186,247 | 472,810 | 394,629 | |||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 228,847 | 257,781 | 480,485 | 483,819 | 538,893 | 604,942 | 1,093,821 | 1,110,674 | 1,032,096 | 1,090,376 | 1,546,271 | 1,051,951 | 1,120,379 | 1,233,761 | 1,334,984 |
| Group/Directors Accounts | 101,843 | 277,020 | 311,179 | 364,988 | 220,900 | 999,587 | 580,465 | 342,622 | 255,696 | 266,994 | 608,805 | 679,573 | 603,324 | 589,150 | 1,082,886 |
| other short term finances | |||||||||||||||
| hp & lease commitments | 9,104 | ||||||||||||||
| other current liabilities | 506,040 | 570,783 | 362,309 | 582,931 | 375,837 | 271,986 | 601,264 | 551,916 | 542,712 | 553,367 | 544,273 | 393,693 | 397,323 | 376,418 | 300,787 |
| total current liabilities | 836,730 | 1,105,584 | 1,153,973 | 1,431,738 | 1,135,630 | 1,876,515 | 2,275,550 | 2,005,212 | 1,830,504 | 1,910,737 | 2,699,349 | 2,242,623 | 2,307,273 | 2,672,139 | 3,122,390 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 25,407 | 31,334 | 4,247 | 10,920 | 10,946 | ||||||||||
| total long term liabilities | 25,407 | 31,334 | 4,247 | 10,920 | 10,946 | ||||||||||
| total liabilities | 836,730 | 1,105,584 | 1,179,380 | 1,463,072 | 1,135,630 | 1,876,515 | 2,275,550 | 2,009,459 | 1,841,424 | 1,921,683 | 2,699,349 | 2,242,623 | 2,307,273 | 2,672,139 | 3,122,390 |
| net assets | 3,265,100 | 3,451,335 | 3,561,609 | 3,376,517 | 3,331,543 | 3,201,202 | 3,336,619 | 3,494,182 | 3,439,843 | 3,366,246 | 3,202,114 | 3,082,692 | 2,964,552 | 2,893,116 | 2,882,778 |
| total shareholders funds | 3,265,100 | 3,451,335 | 3,561,609 | 3,376,517 | 3,331,543 | 3,201,202 | 3,336,619 | 3,494,182 | 3,439,843 | 3,366,246 | 3,202,114 | 3,082,692 | 2,964,552 | 2,893,116 | 2,882,778 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 29,070 | 103,013 | 211,475 | 102,501 | 49,796 | 132,454 | 72,651 | ||||||||
| Depreciation | 33,402 | 54,472 | 63,200 | 62,891 | 58,120 | 27,927 | 49,602 | 56,401 | 55,217 | 50,302 | 46,407 | 40,681 | 36,683 | 26,513 | 34,965 |
| Amortisation | |||||||||||||||
| Tax | -15,599 | -42,115 | -49,085 | -40,718 | -32,344 | -52,192 | -29,788 | ||||||||
| Stock | -114,818 | -183,398 | 38,810 | -151,853 | 25,500 | -135,115 | 73,401 | -239,153 | -158,453 | -35,626 | -100,710 | 75,578 | 12,129 | -665,484 | 1,909,525 |
| Debtors | -268,531 | 785,055 | 237,748 | -256,178 | -578,827 | -1,079,278 | 646,032 | 369,291 | 39,745 | -724,361 | 206,870 | -11,487 | -61,953 | 361,221 | 3,612,490 |
| Creditors | -28,934 | -222,704 | -3,334 | -55,074 | -66,049 | -488,879 | -16,853 | 78,578 | -58,280 | -455,895 | 494,320 | -68,428 | -113,382 | -101,223 | 1,334,984 |
| Accruals and Deferred Income | -64,743 | 208,474 | -220,622 | 207,094 | 103,851 | -329,278 | 49,348 | 9,204 | -10,655 | 9,094 | 150,580 | -3,630 | 20,905 | 75,631 | 300,787 |
| Deferred Taxes & Provisions | -25,407 | -5,927 | 31,334 | -4,247 | -6,673 | -26 | 10,946 | ||||||||
| Cash flow from operations | 118,435 | 435,332 | 747,537 | -33,685 | 11,482 | 385,446 | -3,808,416 | ||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | -60,993 | -27,521 | -54,164 | -68,054 | -6,026 | ||||||||||
| Change in Investments | 2,510 | 1 | 190,232 | ||||||||||||
| cash flow from investments | -60,993 | -27,521 | -54,164 | -68,054 | -6,026 | ||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -175,177 | -34,159 | -53,809 | 144,088 | -778,687 | 419,122 | 237,843 | 86,926 | -11,298 | -341,811 | -70,768 | 76,249 | 14,174 | -493,736 | 1,082,886 |
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | -9,104 | 9,104 | |||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 60,126 | 56,937 | 57,032 | 56,357 | 53,984 | 30,076 | 16,234 | ||||||||
| cash flow from financing | 50,801 | -283,695 | -13,736 | 132,606 | 68,158 | -472,764 | 3,931,905 | ||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -49,137 | -659,878 | -324,254 | 818,270 | -62,767 | 393,152 | -575,427 | -53,823 | 114,715 | 120,369 | 455,402 | 5,355 | -260,034 | -170,542 | 431,598 |
| overdraft | -117,406 | -68,841 | -286,563 | 78,181 | 394,629 | ||||||||||
| change in cash | -49,137 | -659,878 | -324,254 | 818,270 | -62,767 | 393,152 | -575,427 | -53,823 | 114,715 | 120,369 | 572,808 | 74,196 | 26,529 | -248,723 | 36,969 |
naxos music uk limited Credit Report and Business Information
Naxos Music Uk Limited Competitor Analysis
Perform a competitor analysis for naxos music uk limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in RH1 area or any other competitors across 12 key performance metrics.
naxos music uk limited Ownership
NAXOS MUSIC UK LIMITED group structure
Naxos Music Uk Limited has no subsidiary companies.
Ultimate parent company
NAXOS GLOBAL DISTRIBUTION LTD
#0024877
1 parent
NAXOS MUSIC UK LIMITED
02619679
naxos music uk limited directors
Naxos Music Uk Limited currently has 3 directors. The longest serving directors include Mr Klaus Heymann (Mar 1993) and Mr Matthias Lutzweiler (Aug 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Klaus Heymann | China | 88 years | Mar 1993 | - | Director |
| Mr Matthias Lutzweiler | England | 57 years | Aug 2021 | - | Director |
| Mr Matthias Lutzweiler | England | 57 years | Aug 2021 | - | Director |
P&L
December 2023turnover
6.2m
-17%
operating profit
-197.1k
0%
gross margin
22.9%
+5.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.3m
-0.05%
total assets
4.1m
-0.1%
cash
183k
-0.21%
net assets
Total assets minus all liabilities
naxos music uk limited company details
company number
02619679
Type
Private limited with Share Capital
industry
46431 - Wholesale of gramophone records, audio tapes, compact discs and video tapes and of the equipment on which these are played
incorporation date
June 1991
age
34
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
select music & video distribution limited (August 2019)
accountant
DEEKS EVANS AUDIT SERVICES LIMITED
auditor
-
address
3rd floor forum house, 41-51 brighton road, redhill, surrey, RH1 6YS
Bank
BARCLAYS BANK PLC
Legal Advisor
-
naxos music uk 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 3 charges/mortgages relating to naxos music uk limited. Currently there are 2 open charges and 1 have been satisfied in the past.
naxos music uk 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 NAXOS MUSIC UK LIMITED. This can take several minutes, an email will notify you when this has completed.
naxos music uk limited Companies House Filings - See Documents
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