Pomanda estimates the enterprise value of WEST MIDLANDS MUSIC LIMITED at £26.3k based on a Turnover of £47.9k and 0.55x industry multiple (adjusted for size and gross margin).
west midlands music limitedEstimated Valuation
£14.3k
Pomanda estimates the enterprise value of WEST MIDLANDS MUSIC LIMITED at £14.3k based on an EBITDA of £3.6k and a 4.01x industry multiple (adjusted for size and gross margin).
west midlands music limitedEstimated Valuation
£12.5k
Pomanda estimates the enterprise value of WEST MIDLANDS MUSIC LIMITED at £12.5k based on Net Assets of £5.8k and 2.13x industry multiple (adjusted for liquidity).
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West Midlands Music LimitedOverview
West Midlands Music Limited is a live company located in west midlands, B63 3TT with a Companies House number of 03083831. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in July 1995, it's largest shareholder is
graham irvin cook
with a 65% stake. West Midlands Music Limited is a mature,
micro sized company, Pomanda has estimated its turnover at
£47.9k with
declining
growth in recent years.
Pomanda's financial health check has awarded West Midlands Music Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
1 Strong
4 Regular
4 Weak
Size
annual sales of £47.9k, make it smaller than the average company (£3.7m)
£47.9k - West Midlands Music Limited
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (5.1%)
-1% - West Midlands Music Limited
5.1% - Industry AVG
Production
with a gross margin of 38.2%, this company has a comparable cost of product (38.2%)
38.2% - West Midlands Music Limited
38.2% - Industry AVG
Profitability
an operating margin of 5.2% make it as profitable than the average company (6.1%)
5.2% - West Midlands Music Limited
6.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (23)
1 - West Midlands Music Limited
23 - Industry AVG
Pay Structure
on an average salary of £48.2k, the company has an equivalent pay structure (£48.2k)
£48.2k - West Midlands Music Limited
£48.2k - Industry AVG
Efficiency
resulting in sales per employee of £47.9k, this is less efficient (£152.6k)
£47.9k - West Midlands Music Limited
£152.6k - Industry AVG
Debtor Days
it gets paid by customers after 40 days, this is near the average (40 days)
40 days - West Midlands Music Limited
40 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - West Midlands Music Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - West Midlands Music Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - West Midlands Music Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 32.3%, this is a lower level of debt than the average (61.4%)
32.3% - West Midlands Music Limited
61.4% - Industry AVG
WEST MIDLANDS MUSIC LIMITED financials
EXPORT
West Midlands Music Limited's latest turnover from August 2023 is estimated at £47.9 thousand and the company has net assets of £5.8 thousand. According to their latest financial statements, we estimate that West Midlands Music Limited has 1 employee and maintains cash reserves of 0 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
Jun 2016
Jun 2015
Jun 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Jul 2009
Turnover
47,941
30,134
44,739
48,749
73,567
47,989
91,697
28,238
22,333
11,996
58,525
8,215
7,845
21,629
Other Income Or Grants
Cost Of Sales
29,623
18,626
28,220
30,201
45,910
29,923
56,667
17,614
14,182
7,725
37,753
5,153
4,795
12,918
Gross Profit
18,318
11,507
16,519
18,548
27,657
18,066
35,029
10,624
8,150
4,270
20,772
3,062
3,050
8,711
Admin Expenses
15,828
9,912
16,123
18,914
27,092
21,016
29,618
12,214
9,054
2,932
19,458
1,707
3,775
8,361
-878
Operating Profit
2,490
1,595
396
-366
565
-2,950
5,411
-1,590
-904
1,338
1,314
1,355
-725
350
878
Interest Payable
5
Interest Receivable
6
15
33
24
1
Pre-Tax Profit
2,485
1,595
396
-366
565
-2,950
5,411
-1,584
-889
1,371
1,338
1,357
-725
350
878
Tax
-621
-303
-75
-107
-1,028
-288
-308
-326
-98
-246
Profit After Tax
1,864
1,292
321
-366
458
-2,950
4,383
-1,584
-889
1,083
1,030
1,031
-725
252
632
Dividends Paid
Retained Profit
1,864
1,292
321
-366
458
-2,950
4,383
-1,584
-889
1,083
1,030
1,031
-725
252
632
Employee Costs
48,191
45,610
42,798
41,601
41,320
39,173
37,976
38,386
38,071
38,079
36,880
36,855
35,897
35,315
Number Of Employees
1
1
1
1
1
1
1
1
1
1
1
1
1
1
EBITDA*
3,570
1,595
396
-366
565
-2,950
5,411
-1,332
-561
1,726
1,831
1,818
-206
656
1,286
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Jun 2016
Jun 2015
Jun 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Jul 2009
Tangible Assets
3,240
2,620
3,493
3,207
3,556
1,401
1,468
773
1,031
1,164
1,552
1,389
1,727
916
1,222
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
3,240
2,620
3,493
3,207
3,556
1,401
1,468
773
1,031
1,164
1,552
1,389
1,727
916
1,222
Stock & work in progress
Trade Debtors
5,383
6,128
5,511
5,636
9,231
6,639
13,534
3,640
2,535
900
863
507
2,977
376
Group Debtors
Misc Debtors
Cash
76
2,246
3,855
9,182
388
88
30
112
misc current assets
5
total current assets
5,388
6,128
5,511
5,636
9,231
6,639
13,534
3,716
4,781
4,755
9,182
1,251
595
3,007
488
total assets
8,628
8,748
9,004
8,843
12,787
8,040
15,002
4,489
5,812
5,919
10,734
2,640
2,322
3,923
1,710
Bank overdraft
89
Bank loan
Trade Creditors
1
6,328
6,488
10,066
5,777
9,789
3,649
3,388
2,606
8,504
1,440
2,153
3,029
1,068
Group/Directors Accounts
2,247
3,809
other short term finances
hp & lease commitments
other current liabilities
450
960
total current liabilities
2,786
4,770
6,328
6,488
10,066
5,777
9,789
3,649
3,388
2,606
8,504
1,440
2,153
3,029
1,068
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
2,786
4,770
6,328
6,488
10,066
5,777
9,789
3,649
3,388
2,606
8,504
1,440
2,153
3,029
1,068
net assets
5,842
3,978
2,676
2,355
2,721
2,263
5,213
840
2,424
3,313
2,230
1,200
169
894
642
total shareholders funds
5,842
3,978
2,676
2,355
2,721
2,263
5,213
840
2,424
3,313
2,230
1,200
169
894
642
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Jun 2016
Jun 2015
Jun 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Jul 2009
Operating Activities
Operating Profit
2,490
1,595
396
-366
565
-2,950
5,411
-1,590
-904
1,338
1,314
1,355
-725
350
878
Depreciation
1,080
258
343
388
517
463
519
306
408
Amortisation
Tax
-621
-303
-75
-107
-1,028
-288
-308
-326
-98
-246
Stock
Debtors
-745
617
-125
-3,595
2,592
-6,895
9,894
1,105
1,635
900
-863
356
-2,470
2,601
376
Creditors
-1
-6,327
-160
-3,578
4,289
-4,012
6,140
261
782
-5,898
7,064
-713
-876
1,961
1,068
Accruals and Deferred Income
-510
960
Deferred Taxes & Provisions
Cash flow from operations
3,183
-4,692
286
-349
2,155
-67
629
-2,176
-1,414
-5,360
9,450
423
1,388
-82
1,732
Investing Activities
capital expenditure
-1,700
873
-286
349
-2,155
67
-695
-210
-680
-125
-1,330
-1,630
Change in Investments
cash flow from investments
-1,700
873
-286
349
-2,155
67
-695
-210
-680
-125
-1,330
-1,630
Financing Activities
Bank loans
Group/Directors Accounts
-1,562
3,809
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
10
-10
10
interest
-5
6
15
33
24
1
cash flow from financing
-1,567
3,819
-10
6
15
33
24
1
10
cash and cash equivalents
cash
-76
-2,170
-1,609
-5,327
8,794
300
58
-82
112
overdraft
89
change in cash
-89
-76
-2,170
-1,609
-5,327
8,794
300
58
-82
112
west midlands 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 west midlands music limited. Get real-time insights into west midlands music limited's credit score, group structure and payment trends.
Perform a competitor analysis for west midlands music limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in B63 area or any other competitors across 12 key performance metrics.
west midlands music limited Ownership
WEST MIDLANDS MUSIC LIMITED group structure
West Midlands Music Limited has no subsidiary companies.
Ultimate parent company
WEST MIDLANDS MUSIC LIMITED
03083831
WEST MIDLANDS MUSIC LIMITED Shareholders
The largest shareholders in West Midlands Music Limited include Graham Irvin Cook and Kerry-Jayne Bradley.
graham irvin cook
65%
kerry-jayne bradley
34.9%
west midlands housing group limited
0.1%
west midlands music limited directors
West Midlands Music Limited currently has 1 director, Mr Graham Cook serving since Sep 1995.
82990 - Other business support service activities n.e.c.
incorporation date
July 1995
age
30
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
GODFREY MANSELL & CO
auditor
-
address
hales court stourbridge road, halesowen, west midlands, B63 3TT
Bank
BARCLAYS BANK PLC
Legal Advisor
-
west midlands 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 west midlands music limited.
west midlands 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 WEST MIDLANDS MUSIC LIMITED. This can take several minutes, an email will notify you when this has completed.
west midlands music limitedCompanies House Filings - See Documents
