first night records limited
first night records limited Company Information
Company Number
02875499
Next Accounts
Jun 2025
Shareholders
exallshow limited
Group Structure
View All
Industry
Sound recording and music publishing activities
Registered Address
cannon place, 78 cannon street, london, EC4N 6AF
Website
www.firstnightrecords.comfirst night records limited Estimated Valuation
Pomanda estimates the enterprise value of FIRST NIGHT RECORDS LIMITED at £66.9k based on a Turnover of £130.8k and 0.51x industry multiple (adjusted for size and gross margin).
first night records limited Estimated Valuation
Pomanda estimates the enterprise value of FIRST NIGHT RECORDS LIMITED at £35k based on an EBITDA of £13.5k and a 2.59x industry multiple (adjusted for size and gross margin).
first night records limited Estimated Valuation
Pomanda estimates the enterprise value of FIRST NIGHT RECORDS LIMITED at £857.8k based on Net Assets of £695.7k and 1.23x industry multiple (adjusted for liquidity).
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First Night Records Limited Overview
First Night Records Limited is a live company located in london, EC4N 6AF with a Companies House number of 02875499. It operates in the sound recording and music publishing activities sector, SIC Code 59200. Founded in November 1993, it's largest shareholder is exallshow limited with a 100% stake. First Night Records Limited is a mature, micro sized company, Pomanda has estimated its turnover at £130.8k with declining growth in recent years.
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First Night Records Limited Health Check
Pomanda's financial health check has awarded First Night Records Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
3 Weak
Size
annual sales of £130.8k, make it smaller than the average company (£467.8k)
- First Night Records Limited
£467.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -36%, show it is growing at a slower rate (11.3%)
- First Night Records Limited
11.3% - Industry AVG
Production
with a gross margin of 46.8%, this company has a comparable cost of product (46.8%)
- First Night Records Limited
46.8% - Industry AVG
Profitability
an operating margin of 10.4% make it more profitable than the average company (8.5%)
- First Night Records Limited
8.5% - Industry AVG
Employees
with 3 employees, this is similar to the industry average (3)
3 - First Night Records Limited
3 - Industry AVG
Pay Structure
on an average salary of £37.4k, the company has an equivalent pay structure (£37.4k)
- First Night Records Limited
£37.4k - Industry AVG
Efficiency
resulting in sales per employee of £43.6k, this is less efficient (£139.9k)
- First Night Records Limited
£139.9k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (31 days)
- First Night Records Limited
31 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- First Night Records Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- First Night Records Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - First Night Records Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 29.8%, this is a lower level of debt than the average (77.6%)
29.8% - First Night Records Limited
77.6% - Industry AVG
FIRST NIGHT RECORDS LIMITED financials
First Night Records Limited's latest turnover from September 2023 is estimated at £130.8 thousand and the company has net assets of £695.7 thousand. According to their latest financial statements, First Night Records Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,532,997 | 1,767,609 | 1,580,214 | 1,637,661 | |||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 1,083,413 | 1,167,195 | 996,916 | 1,166,855 | |||||||||||
| Gross Profit | 449,584 | 600,414 | 583,298 | 470,806 | |||||||||||
| Admin Expenses | 441,405 | 594,697 | 581,701 | 469,127 | |||||||||||
| Operating Profit | 8,179 | 5,717 | 1,597 | 1,679 | |||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | 73 | 7 | 13 | 104 | |||||||||||
| Pre-Tax Profit | 8,252 | 5,724 | 1,610 | 1,783 | |||||||||||
| Tax | -2,342 | -1,582 | -1,930 | -911 | |||||||||||
| Profit After Tax | 5,910 | 4,142 | -320 | 872 | |||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | 5,910 | 4,142 | -320 | 872 | |||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | ||||||
| EBITDA* | 17,426 | 5,865 | 5,117 | 5,201 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 814 | 1,085 | 673 | 1,345 | 6,262 | 11,181 | 12,741 | 2 | 150 | 3,670 | |||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 814 | 1,085 | 673 | 1,345 | 6,262 | 11,181 | 12,741 | 2 | 150 | 3,670 | |||||
| Stock & work in progress | 4,500 | 7,500 | 6,300 | 8,200 | 7,400 | 8,700 | 16,700 | 10,700 | 16,100 | 14,100 | |||||
| Trade Debtors | 657 | 652 | 657 | 55,616 | 20,497 | 47,736 | 89,346 | 120,531 | 124,008 | 75,095 | 116,733 | 199,922 | 274,464 | 321,029 | 167,594 |
| Group Debtors | 990,726 | 967,989 | 879,294 | 604,446 | 271,189 | 136,112 | |||||||||
| Misc Debtors | 1,953 | 777 | 6,448 | 5,952 | 6,349 | 5,705 | 5,082 | 6,265 | 4,525 | 5,728 | |||||
| Cash | 3,028 | 2,110 | 39,529 | 26,584 | 78,498 | 107,117 | 93,072 | 80,018 | 142,185 | 222,999 | 209,810 | 261,701 | |||
| misc current assets | |||||||||||||||
| total current assets | 991,383 | 968,641 | 879,951 | 665,043 | 294,573 | 234,325 | 129,382 | 211,678 | 245,030 | 175,567 | 205,451 | 363,889 | 514,428 | 551,464 | 449,123 |
| total assets | 991,383 | 968,641 | 879,951 | 665,043 | 294,573 | 235,139 | 130,467 | 212,351 | 246,375 | 181,829 | 216,632 | 376,630 | 514,430 | 551,614 | 452,793 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 22,135 | 33,196 | 81,941 | 27,753 | 171,533 | 203,336 | 84,226 | 60,682 | 94,680 | 51,789 | |||||
| Group/Directors Accounts | 274,378 | 262,605 | 238,649 | 186,002 | 63,282 | 62,700 | 58,700 | 183,258 | 228,618 | 379,715 | 372,509 | 347,134 | |||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 21,313 | 20,489 | 20,561 | 23,509 | 56,951 | 199,671 | 20,131 | 62,447 | 25,484 | 50,550 | 66,707 | 81,241 | 50,366 | ||
| total current liabilities | 295,691 | 283,094 | 259,210 | 209,511 | 120,233 | 221,806 | 116,027 | 203,088 | 236,495 | 171,533 | 203,336 | 363,394 | 507,104 | 548,430 | 449,289 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 295,691 | 283,094 | 259,210 | 209,511 | 120,233 | 221,806 | 116,027 | 203,088 | 236,495 | 171,533 | 203,336 | 363,394 | 507,104 | 548,430 | 449,289 |
| net assets | 695,692 | 685,547 | 620,741 | 455,532 | 174,340 | 13,333 | 14,440 | 9,263 | 9,880 | 10,296 | 13,296 | 13,236 | 7,326 | 3,184 | 3,504 |
| total shareholders funds | 695,692 | 685,547 | 620,741 | 455,532 | 174,340 | 13,333 | 14,440 | 9,263 | 9,880 | 10,296 | 13,296 | 13,236 | 7,326 | 3,184 | 3,504 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 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 | 8,179 | 5,717 | 1,597 | 1,679 | |||||||||||
| Depreciation | 136 | 271 | 942 | 672 | 4,917 | 4,919 | 4,919 | 9,247 | 148 | 3,520 | 3,522 | ||||
| Amortisation | |||||||||||||||
| Tax | -2,342 | -1,582 | -1,930 | -911 | |||||||||||
| Stock | -4,500 | -3,000 | 1,200 | -1,900 | 800 | -1,300 | -8,000 | 6,000 | -5,400 | 2,000 | 14,100 | ||||
| Debtors | 22,742 | 88,690 | 217,936 | 369,552 | 102,167 | 94,998 | -31,582 | -2,833 | 54,618 | -41,638 | -88,271 | -75,725 | -44,825 | 152,232 | 173,322 |
| Creditors | -22,135 | -11,061 | -48,745 | 54,188 | -143,780 | -31,803 | 119,110 | 23,544 | -33,998 | 42,891 | 51,789 | ||||
| Accruals and Deferred Income | 824 | -72 | -2,948 | -33,442 | -142,720 | 179,540 | -42,316 | 36,963 | 25,484 | -50,550 | -16,157 | -14,534 | 30,875 | 50,366 | |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 92,196 | 5,976 | -77,279 | -80,977 | |||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 11,773 | 23,956 | 52,647 | 122,720 | 63,282 | -62,700 | 4,000 | -124,558 | 183,258 | -228,618 | -151,097 | 7,206 | 25,375 | 347,134 | |
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 73 | 7 | 13 | 104 | |||||||||||
| cash flow from financing | -151,024 | 7,213 | 25,388 | 349,870 | |||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -3,028 | 918 | -37,419 | 12,945 | -51,914 | -28,619 | 14,045 | 13,054 | -62,167 | -80,814 | 13,189 | -51,891 | 261,701 | ||
| overdraft | |||||||||||||||
| change in cash | -3,028 | 918 | -37,419 | 12,945 | -51,914 | -28,619 | 14,045 | 13,054 | -62,167 | -80,814 | 13,189 | -51,891 | 261,701 |
first night records limited Credit Report and Business Information
First Night Records Limited Competitor Analysis
Perform a competitor analysis for first night records limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in EC4N area or any other competitors across 12 key performance metrics.
first night records limited Ownership
FIRST NIGHT RECORDS LIMITED group structure
First Night Records Limited has no subsidiary companies.
Ultimate parent company
ACCESS INDUSTRIES LLC
#0058130
2 parents
FIRST NIGHT RECORDS LIMITED
02875499
first night records limited directors
First Night Records Limited currently has 3 directors. The longest serving directors include Mr Paul Robinson (Jul 2019) and Mr Paul Seyde (Sep 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Robinson | United States | 66 years | Jul 2019 | - | Director |
| Mr Paul Seyde | England | 46 years | Sep 2019 | - | Director |
| Mr Kevin Gore | United States | 59 years | Sep 2019 | - | Director |
P&L
September 2023turnover
130.8k
+13%
operating profit
13.5k
0%
gross margin
46.8%
+11.75%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
695.7k
+0.01%
total assets
991.4k
+0.02%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
first night records limited company details
company number
02875499
Type
Private limited with Share Capital
industry
59200 - Sound recording and music publishing activities
incorporation date
November 1993
age
32
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
September 2023
previous names
N/A
accountant
ECOVIS WINGRAVE YEATS LLP
auditor
-
address
cannon place, 78 cannon street, london, EC4N 6AF
Bank
HSBC BANK PLC
Legal Advisor
-
first night records 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 first night records limited.
first night records 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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first night records limited Companies House Filings - See Documents
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