sound performance limited
sound performance limited Company Information
Company Number
02892752
Website
www.soundperformance.co.ukRegistered Address
3 greenwich quay, clarence road, london, SE8 3EY
Industry
Reproduction of sound recording
Telephone
02086912121
Next Accounts Due
May 2025
Group Structure
View All
Directors
Christopher Marksberry30 Years
Shareholders
sound performance holdings ltd 100%
sound performance limited Estimated Valuation
Pomanda estimates the enterprise value of SOUND PERFORMANCE LIMITED at £3m based on a Turnover of £8.4m and 0.36x industry multiple (adjusted for size and gross margin).
sound performance limited Estimated Valuation
Pomanda estimates the enterprise value of SOUND PERFORMANCE LIMITED at £604.9k based on an EBITDA of £138.8k and a 4.36x industry multiple (adjusted for size and gross margin).
sound performance limited Estimated Valuation
Pomanda estimates the enterprise value of SOUND PERFORMANCE LIMITED at £313.8k based on Net Assets of £187.5k and 1.67x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Sound Performance Limited Overview
Sound Performance Limited is a live company located in london, SE8 3EY with a Companies House number of 02892752. It operates in the reproduction of sound recording sector, SIC Code 18201. Founded in January 1994, it's largest shareholder is sound performance holdings ltd with a 100% stake. Sound Performance Limited is a mature, mid sized company, Pomanda has estimated its turnover at £8.4m with high growth in recent years.
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Sound Performance Limited Health Check
Pomanda's financial health check has awarded Sound Performance Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
3 Weak
Size
annual sales of £8.4m, make it larger than the average company (£433.9k)
- Sound Performance Limited
£433.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (1.1%)
- Sound Performance Limited
1.1% - Industry AVG
Production
with a gross margin of 51.5%, this company has a comparable cost of product (51.5%)
- Sound Performance Limited
51.5% - Industry AVG
Profitability
an operating margin of 1.6% make it less profitable than the average company (6.8%)
- Sound Performance Limited
6.8% - Industry AVG
Employees
with 19 employees, this is above the industry average (9)
19 - Sound Performance Limited
9 - Industry AVG
Pay Structure
on an average salary of £30.1k, the company has an equivalent pay structure (£30.1k)
- Sound Performance Limited
£30.1k - Industry AVG
Efficiency
resulting in sales per employee of £441k, this is more efficient (£120.6k)
- Sound Performance Limited
£120.6k - Industry AVG
Debtor Days
it gets paid by customers after 57 days, this is near the average (49 days)
- Sound Performance Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 60 days, this is slower than average (7 days)
- Sound Performance Limited
7 days - Industry AVG
Stock Days
it holds stock equivalent to 5 days, this is less than average (41 days)
- Sound Performance Limited
41 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (58 weeks)
3 weeks - Sound Performance Limited
58 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92.8%, this is a higher level of debt than the average (60.7%)
92.8% - Sound Performance Limited
60.7% - Industry AVG
SOUND PERFORMANCE LIMITED financials
Sound Performance Limited's latest turnover from August 2023 is estimated at £8.4 million and the company has net assets of £187.5 thousand. According to their latest financial statements, Sound Performance Limited has 19 employees and maintains cash reserves of £157.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 5,002,833 | 6,154,711 | 11,669,208 | 11,077,049 | 11,596,912 | |||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | |||||||||
| Cost Of Sales | 3,881,725 | 5,122,196 | 10,338,033 | 9,469,913 | 9,839,798 | |||||||||
| Gross Profit | 1,121,108 | 1,032,515 | 1,331,175 | 1,607,136 | 1,757,114 | |||||||||
| Admin Expenses | 920,302 | 1,111,497 | 1,400,004 | 1,496,313 | 1,607,208 | |||||||||
| Operating Profit | 200,806 | -78,982 | -68,829 | 110,823 | 149,906 | |||||||||
| Interest Payable | 100,117 | 84,571 | 90,365 | 69,768 | 76,817 | |||||||||
| Interest Receivable | 353 | 3,242 | 0 | 0 | 0 | |||||||||
| Pre-Tax Profit | 101,042 | -160,311 | -159,194 | 41,055 | 73,089 | |||||||||
| Tax | -30,234 | -41,760 | 0 | -2,174 | -26,372 | |||||||||
| Profit After Tax | 70,808 | -202,071 | -159,194 | 38,881 | 46,717 | |||||||||
| Dividends Paid | 0 | 0 | 83,300 | 0 | 0 | |||||||||
| Retained Profit | 70,808 | -202,071 | -242,494 | 38,881 | 46,717 | |||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 19 | 19 | 20 | 21 | 22 | 20 | 23 | 22 | 22 | |||||
| EBITDA* | 213,007 | -65,971 | -43,899 | 135,777 | 173,799 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 37,794 | 38,030 | 45,069 | 36,763 | 41,978 | 39,281 | 41,422 | 48,293 | 46,101 | 57,747 | 75,775 | 86,956 | 105,151 | 101,011 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 748 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 86,374 | 49,358 | 43,557 | 37,922 | 43,609 | 35,313 | 21,724 | 25,142 | 24,473 | 23,240 | 23,240 | 13,309 | 0 | 0 |
| Total Fixed Assets | 124,168 | 87,388 | 88,626 | 75,433 | 85,587 | 74,594 | 63,146 | 73,435 | 70,574 | 80,987 | 99,015 | 100,265 | 105,151 | 101,011 |
| Stock & work in progress | 63,680 | 68,570 | 78,128 | 78,997 | 92,356 | 80,987 | 72,032 | 0 | 0 | 0 | 0 | 0 | 10,250 | 10,250 |
| Trade Debtors | 1,322,760 | 1,104,870 | 1,031,320 | 720,966 | 830,208 | 878,414 | 1,330,921 | 837,858 | 1,124,012 | 1,534,584 | 2,113,203 | 3,102,140 | 2,278,662 | 2,536,700 |
| Group Debtors | 435,687 | 423,194 | 462,042 | 468,560 | 407,217 | 342,326 | 249,455 | 229,140 | 107,544 | 0 | 0 | 0 | 664,679 | 232,020 |
| Misc Debtors | 503,861 | 900,226 | 869,396 | 614,924 | 449,828 | 223,907 | 272,104 | 248,251 | 162,319 | 0 | 0 | 0 | 89,176 | 106,356 |
| Cash | 157,167 | 161,226 | 154,936 | 107,716 | 228,174 | 43,112 | 39,843 | 27,492 | 69,531 | 57,346 | 35,542 | 15,481 | 0 | 189,984 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,483,155 | 2,658,086 | 2,595,822 | 1,991,163 | 2,007,783 | 1,568,746 | 1,964,355 | 1,342,741 | 1,463,406 | 1,591,930 | 2,148,745 | 3,117,621 | 3,042,767 | 3,075,310 |
| total assets | 2,607,323 | 2,745,474 | 2,684,448 | 2,066,596 | 2,093,370 | 1,643,340 | 2,027,501 | 1,416,176 | 1,533,980 | 1,672,917 | 2,247,760 | 3,217,886 | 3,147,918 | 3,176,321 |
| Bank overdraft | 44,545 | 50,509 | 173,913 | 105,436 | 0 | 0 | 0 | 0 | 0 | 80,083 | 0 | 0 | 73,253 | 80,038 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 99,666 | 33,333 | 100,000 |
| Trade Creditors | 671,561 | 1,226,871 | 1,014,869 | 882,478 | 886,924 | 698,993 | 1,166,652 | 907,489 | 941,783 | 909,325 | 2,185,638 | 1,041,291 | 909,826 | 720,892 |
| Group/Directors Accounts | 39,542 | 0 | 0 | 0 | 0 | 0 | 9,863 | 0 | 0 | 0 | 0 | 0 | 0 | 32,750 |
| other short term finances | 865,361 | 712,115 | 730,291 | 212,244 | 620,527 | 561,173 | 866,283 | 600,849 | 0 | 951,100 | 0 | 1,682,214 | 1,471,563 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 720,904 | 472,122 | 483,504 | 582,259 | 534,422 | 510,483 | 319,924 | 302,660 | 1,058,970 | 0 | 0 | 339,817 | 404,218 | 1,992,464 |
| total current liabilities | 2,341,913 | 2,461,617 | 2,402,577 | 1,782,417 | 2,041,873 | 1,770,649 | 2,362,722 | 1,810,998 | 2,000,753 | 1,940,508 | 2,185,638 | 3,162,988 | 2,892,193 | 2,926,144 |
| loans | 77,955 | 122,500 | 173,010 | 277,402 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 41,667 | 0 | 33,333 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 110,310 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 1,457 | 0 | 5,196 | 3,257 | 3,048 | 4,032 | 2,889 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 77,955 | 122,500 | 174,467 | 277,402 | 115,506 | 3,257 | 3,048 | 4,032 | 2,889 | 0 | 0 | 41,667 | 0 | 33,333 |
| total liabilities | 2,419,868 | 2,584,117 | 2,577,044 | 2,059,819 | 2,157,379 | 1,773,906 | 2,365,770 | 1,815,030 | 2,003,642 | 1,940,508 | 2,185,638 | 3,204,655 | 2,892,193 | 2,959,477 |
| net assets | 187,455 | 161,357 | 107,404 | 6,777 | -64,009 | -130,566 | -338,269 | -398,854 | -469,662 | -267,591 | 62,122 | 13,231 | 255,725 | 216,844 |
| total shareholders funds | 187,455 | 161,357 | 107,404 | 6,777 | -64,009 | -130,566 | -338,269 | -398,854 | -469,662 | -267,591 | 62,122 | 13,231 | 255,725 | 216,844 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 200,806 | -78,982 | -68,829 | 110,823 | 149,906 | |||||||||
| Depreciation | 8,970 | 10,550 | 10,753 | 9,943 | 9,507 | 10,372 | 11,748 | 12,201 | 13,011 | 24,702 | 20,928 | 24,930 | 24,954 | 23,893 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -30,234 | -41,760 | 0 | -2,174 | -26,372 | |||||||||
| Stock | -4,890 | -9,558 | -869 | -13,359 | 11,369 | 8,955 | 72,032 | 0 | 0 | 0 | 0 | -10,250 | 0 | 10,250 |
| Debtors | -128,966 | 71,333 | 563,943 | 111,510 | 250,902 | -394,244 | 533,813 | -77,957 | -139,476 | -578,619 | -979,006 | 82,932 | 157,441 | 2,875,076 |
| Creditors | -555,310 | 212,002 | 132,391 | -4,446 | 187,931 | -467,659 | 259,163 | -34,294 | 32,458 | -1,276,313 | 1,144,347 | 131,465 | 188,934 | 720,892 |
| Accruals and Deferred Income | 248,782 | -11,382 | -98,755 | 47,837 | 23,939 | 190,559 | 17,264 | -756,310 | 1,058,970 | 0 | -339,817 | -64,401 | -1,588,246 | 1,992,464 |
| Deferred Taxes & Provisions | 0 | -1,457 | 1,457 | -5,196 | 1,939 | 209 | -984 | 1,143 | 2,889 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -528,731 | 1,126,062 | -49,517 | -1,423,150 | -24,543 | |||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | -748 | 748 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -99,666 | 66,333 | -66,667 | 100,000 |
| Group/Directors Accounts | 39,542 | 0 | 0 | 0 | 0 | -9,863 | 9,863 | 0 | 0 | 0 | 0 | 0 | -32,750 | 32,750 |
| Other Short Term Loans | 153,246 | -18,176 | 518,047 | -408,283 | 59,354 | -305,110 | 265,434 | 600,849 | -951,100 | 951,100 | -1,682,214 | 210,651 | 1,471,563 | 0 |
| Long term loans | -44,545 | -50,510 | -104,392 | 277,402 | 0 | 0 | 0 | 0 | 0 | 0 | -41,667 | 41,667 | -33,333 | 33,333 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -110,310 | 110,310 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -99,764 | -81,329 | -90,365 | -69,768 | -76,817 | |||||||||
| cash flow from financing | 501,085 | -1,032,429 | 228,286 | 1,269,045 | 259,393 | |||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -4,059 | 6,290 | 47,220 | -120,458 | 185,062 | 3,269 | 12,351 | -42,039 | 12,185 | 21,804 | 20,061 | 15,481 | -189,984 | 189,984 |
| overdraft | -5,964 | -123,404 | 68,477 | 105,436 | 0 | 0 | 0 | 0 | -80,083 | 80,083 | 0 | -73,253 | -6,785 | 80,038 |
| change in cash | 1,905 | 129,694 | -21,257 | -225,894 | 185,062 | 3,269 | 12,351 | -42,039 | 92,268 | -58,279 | 20,061 | 88,734 | -183,199 | 109,946 |
sound performance limited Credit Report and Business Information
Sound Performance Limited Competitor Analysis
Perform a competitor analysis for sound performance limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in SE8 area or any other competitors across 12 key performance metrics.
sound performance limited Ownership
SOUND PERFORMANCE LIMITED group structure
Sound Performance Limited has no subsidiary companies.
Ultimate parent company
1 parent
SOUND PERFORMANCE LIMITED
02892752
sound performance limited directors
Sound Performance Limited currently has 1 director, Mr Christopher Marksberry serving since Nov 1994.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Marksberry | United Kingdom | 60 years | Nov 1994 | - | Director |
P&L
August 2023turnover
8.4m
+23%
operating profit
129.9k
0%
gross margin
51.5%
-6.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
187.5k
+0.16%
total assets
2.6m
-0.05%
cash
157.2k
-0.03%
net assets
Total assets minus all liabilities
Similar Companies
sound performance limited company details
company number
02892752
Type
Private limited with Share Capital
industry
18201 - Reproduction of sound recording
incorporation date
January 1994
age
30
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
3 greenwich quay, clarence road, london, SE8 3EY
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
sound performance 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 4 charges/mortgages relating to sound performance limited. Currently there are 3 open charges and 1 have been satisfied in the past.
sound performance limited Companies House Filings - See Documents
| date | description | view/download |
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