swingbest limited
swingbest limited Company Information
Company Number
02932981
Next Accounts
Dec 2025
Shareholders
frank silver
thomas nathanial silver
Group Structure
View All
Industry
Sound recording and music publishing activities
Registered Address
alders farm ivy lane, great brickhill, milton keynes, MK17 9AH
Website
-swingbest limited Estimated Valuation
Pomanda estimates the enterprise value of SWINGBEST LIMITED at £87.2k based on a Turnover of £174.5k and 0.5x industry multiple (adjusted for size and gross margin).
swingbest limited Estimated Valuation
Pomanda estimates the enterprise value of SWINGBEST LIMITED at £4.2k based on an EBITDA of £1.7k and a 2.53x industry multiple (adjusted for size and gross margin).
swingbest limited Estimated Valuation
Pomanda estimates the enterprise value of SWINGBEST LIMITED at £19.5k based on Net Assets of £15.8k and 1.23x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Swingbest Limited Overview
Swingbest Limited is a live company located in milton keynes, MK17 9AH with a Companies House number of 02932981. It operates in the sound recording and music publishing activities sector, SIC Code 59200. Founded in May 1994, it's largest shareholder is frank silver with a 50% stake. Swingbest Limited is a mature, micro sized company, Pomanda has estimated its turnover at £174.5k with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
Swingbest Limited Health Check
Pomanda's financial health check has awarded Swingbest Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £174.5k, make it smaller than the average company (£426.9k)
- Swingbest Limited
£426.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (13%)
- Swingbest Limited
13% - Industry AVG
Production
with a gross margin of 45.8%, this company has a comparable cost of product (45.8%)
- Swingbest Limited
45.8% - Industry AVG
Profitability
an operating margin of 1% make it less profitable than the average company (9.2%)
- Swingbest Limited
9.2% - Industry AVG
Employees
with 3 employees, this is above the industry average (2)
3 - Swingbest Limited
2 - Industry AVG
Pay Structure
on an average salary of £43.5k, the company has an equivalent pay structure (£43.5k)
- Swingbest Limited
£43.5k - Industry AVG
Efficiency
resulting in sales per employee of £58.2k, this is less efficient (£139.9k)
- Swingbest Limited
£139.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Swingbest Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 15 days, this is quicker than average (36 days)
- Swingbest Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Swingbest Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 96 weeks, this is more cash available to meet short term requirements (30 weeks)
96 weeks - Swingbest Limited
30 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 53.9%, this is a lower level of debt than the average (70.2%)
53.9% - Swingbest Limited
70.2% - Industry AVG
SWINGBEST LIMITED financials
Swingbest Limited's latest turnover from March 2024 is estimated at £174.5 thousand and the company has net assets of £15.8 thousand. According to their latest financial statements, Swingbest Limited has 3 employees and maintains cash reserves of £34.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 800 | 1,866 | |||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 800 | 1,866 | |||||||||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 6,000 | ||||||||||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 5,000 | 5,000 | 5,070 | 5,060 | 5,000 | ||||||||||
| Cash | 34,326 | 25,568 | 22,038 | 23,952 | 7,354 | 3,817 | 6,098 | 4,671 | 6,578 | 2,490 | 4,260 | 7,192 | 2,251 | 5,141 | 2,572 |
| misc current assets | |||||||||||||||
| total current assets | 34,326 | 25,568 | 22,038 | 23,952 | 12,354 | 8,817 | 11,168 | 9,731 | 11,578 | 8,490 | 4,260 | 7,192 | 2,251 | 5,141 | 2,572 |
| total assets | 34,326 | 25,568 | 22,038 | 23,952 | 12,354 | 8,817 | 11,168 | 9,731 | 11,578 | 8,490 | 4,260 | 7,192 | 2,251 | 5,941 | 4,438 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 4,062 | 4,063 | 7,864 | 9,480 | 4,062 | 6,355 | 3,129 | 4,063 | 9,156 | 9,147 | 9,128 | 13,202 | 9,225 | 10,957 | 7,899 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 14,426 | 8,105 | 2,653 | 3,907 | 6,898 | 1,876 | 8,032 | 5,648 | 2,243 | ||||||
| total current liabilities | 18,488 | 12,168 | 10,517 | 13,387 | 10,960 | 8,231 | 11,161 | 9,711 | 11,399 | 9,147 | 9,128 | 13,202 | 9,225 | 10,957 | 7,899 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 18,488 | 12,168 | 10,517 | 13,387 | 10,960 | 8,231 | 11,161 | 9,711 | 11,399 | 9,147 | 9,128 | 13,202 | 9,225 | 10,957 | 7,899 |
| net assets | 15,838 | 13,400 | 11,521 | 10,565 | 1,394 | 586 | 7 | 20 | 179 | -657 | -4,868 | -6,010 | -6,974 | -5,016 | -3,461 |
| total shareholders funds | 15,838 | 13,400 | 11,521 | 10,565 | 1,394 | 586 | 7 | 20 | 179 | -657 | -4,868 | -6,010 | -6,974 | -5,016 | -3,461 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 800 | 1,066 | 1,066 | ||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -5,000 | -70 | 10 | 60 | -1,000 | 6,000 | |||||||||
| Creditors | -1 | -3,801 | -1,616 | 5,418 | -2,293 | 3,226 | -934 | -5,093 | 9 | 19 | -4,074 | 3,977 | -1,732 | 3,058 | 7,899 |
| Accruals and Deferred Income | 6,321 | 5,452 | -1,254 | -2,991 | 5,022 | -6,156 | 2,384 | 3,405 | 2,243 | ||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 8,758 | 3,530 | -1,914 | 16,598 | 3,537 | -2,281 | 1,427 | -1,907 | 4,088 | -1,770 | -2,932 | 4,941 | -2,890 | 2,569 | 2,572 |
| overdraft | |||||||||||||||
| change in cash | 8,758 | 3,530 | -1,914 | 16,598 | 3,537 | -2,281 | 1,427 | -1,907 | 4,088 | -1,770 | -2,932 | 4,941 | -2,890 | 2,569 | 2,572 |
swingbest limited Credit Report and Business Information
Swingbest Limited Competitor Analysis
Perform a competitor analysis for swingbest limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in MK17 area or any other competitors across 12 key performance metrics.
swingbest limited Ownership
SWINGBEST LIMITED group structure
Swingbest Limited has no subsidiary companies.
Ultimate parent company
SWINGBEST LIMITED
02932981
swingbest limited directors
Swingbest Limited currently has 3 directors. The longest serving directors include Mrs Lucy Silver (May 1994) and Mr Francis Silver (Dec 2001).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Lucy Silver | England | 67 years | May 1994 | - | Director |
| Mr Francis Silver | 70 years | Dec 2001 | - | Director | |
| Mr Thomas Silver | 38 years | Sep 2005 | - | Director |
P&L
March 2024turnover
174.5k
-2%
operating profit
1.7k
0%
gross margin
45.9%
-5.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
15.8k
+0.18%
total assets
34.3k
+0.34%
cash
34.3k
+0.34%
net assets
Total assets minus all liabilities
swingbest limited company details
company number
02932981
Type
Private limited with Share Capital
industry
59200 - Sound recording and music publishing activities
incorporation date
May 1994
age
31
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
sinkmend projects limited (June 1994)
accountant
PRICE JONES PARTNERSHIP LTD
auditor
-
address
alders farm ivy lane, great brickhill, milton keynes, MK17 9AH
Bank
-
Legal Advisor
-
swingbest 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 swingbest limited.
swingbest 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 SWINGBEST LIMITED. This can take several minutes, an email will notify you when this has completed.
swingbest limited Companies House Filings - See Documents
| date | description | view/download |
|---|
