greatsound limited
greatsound limited Company Information
Company Number
03253395
Website
http://salesvirtuoso.comRegistered Address
3rd floor, scottish mutual house, 27-29 north street, hornchurch, essex, RM11 1RS
Industry
Business and domestic software development
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Shareholders
derek graham wells 60%
antigone anna theoharris 40%
greatsound limited Estimated Valuation
Pomanda estimates the enterprise value of GREATSOUND LIMITED at £176.4k based on a Turnover of £224.1k and 0.79x industry multiple (adjusted for size and gross margin).
greatsound limited Estimated Valuation
Pomanda estimates the enterprise value of GREATSOUND LIMITED at £0 based on an EBITDA of £-3.4k and a 5.17x industry multiple (adjusted for size and gross margin).
greatsound limited Estimated Valuation
Pomanda estimates the enterprise value of GREATSOUND LIMITED at £23 based on Net Assets of £10 and 2.37x industry multiple (adjusted for liquidity).
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Greatsound Limited Overview
Greatsound Limited is a dissolved company that was located in hornchurch, RM11 1RS with a Companies House number of 03253395. It operated in the business and domestic software development sector, SIC Code 62012. Founded in September 1996, it's largest shareholder was derek graham wells with a 60% stake. The last turnover for Greatsound Limited was estimated at £224.1k.
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Greatsound Limited Health Check
Pomanda's financial health check has awarded Greatsound Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
4 Weak
Size
annual sales of £224.1k, make it smaller than the average company (£3m)
- Greatsound Limited
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of 30%, show it is growing at a faster rate (8.5%)
- Greatsound Limited
8.5% - Industry AVG
Production
with a gross margin of 72.3%, this company has a comparable cost of product (72.3%)
- Greatsound Limited
72.3% - Industry AVG
Profitability
an operating margin of -1.5% make it less profitable than the average company (3.9%)
- Greatsound Limited
3.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (28)
2 - Greatsound Limited
28 - Industry AVG
Pay Structure
on an average salary of £65.7k, the company has an equivalent pay structure (£65.7k)
- Greatsound Limited
£65.7k - Industry AVG
Efficiency
resulting in sales per employee of £112.1k, this is equally as efficient (£112.1k)
- Greatsound Limited
£112.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Greatsound Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Greatsound Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Greatsound Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 52 weeks, this is more cash available to meet short term requirements (18 weeks)
52 weeks - Greatsound Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.9%, this is a higher level of debt than the average (60.9%)
99.9% - Greatsound Limited
60.9% - Industry AVG
GREATSOUND LIMITED financials
Greatsound Limited's latest turnover from April 2023 is estimated at £224.1 thousand and the company has net assets of £10. According to their latest financial statements, Greatsound Limited has 2 employees and maintains cash reserves of £8.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 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 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 612 | 816 | 513 | 684 | 818 | 1,091 | 1,455 | 1,940 | 1,777 | 2,370 | 0 | 2,769 | 3,268 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 612 | 816 | 513 | 684 | 818 | 1,091 | 1,455 | 1,940 | 1,777 | 2,370 | 0 | 2,769 | 3,268 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 2,194 | 4,388 | 5,063 | 3,206 | 0 | 12,350 | 0 | 30,605 | 29,868 | 625 | 13,395 | 34,500 | 8,275 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 82 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 8,230 | 11,832 | 13,680 | 33,588 | 12,643 | 12,684 | 19,210 | 10,386 | 57,608 | 18,216 | 35,553 | 66,838 | 12,115 | 49,886 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 8,230 | 14,026 | 18,068 | 38,651 | 15,849 | 12,766 | 31,560 | 10,386 | 88,213 | 48,084 | 36,178 | 80,233 | 46,615 | 58,161 |
| total assets | 8,230 | 14,638 | 18,884 | 39,164 | 16,533 | 13,584 | 32,651 | 11,841 | 90,153 | 49,861 | 38,548 | 80,233 | 49,384 | 61,429 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 34,974 | 14,559 | 19,880 | 58,596 | 22,737 | 38,798 |
| Group/Directors Accounts | 5,457 | 7,248 | 7,338 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,761 | 4,391 | 4,753 | 27,106 | 15,053 | 10,907 | 20,809 | 1,771 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 8,218 | 11,639 | 12,091 | 27,106 | 15,053 | 10,907 | 20,809 | 1,771 | 34,974 | 14,559 | 19,880 | 58,596 | 22,737 | 38,798 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 423 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 423 | 0 | 0 |
| total liabilities | 8,220 | 11,639 | 12,091 | 27,106 | 15,053 | 10,907 | 20,809 | 1,771 | 34,974 | 14,559 | 19,880 | 59,019 | 22,737 | 38,798 |
| net assets | 10 | 2,999 | 6,793 | 12,058 | 1,480 | 2,677 | 11,842 | 10,070 | 55,179 | 35,302 | 18,668 | 21,214 | 26,647 | 22,631 |
| total shareholders funds | 10 | 2,999 | 6,793 | 12,058 | 1,480 | 2,677 | 11,842 | 10,070 | 55,179 | 35,302 | 18,668 | 21,214 | 26,647 | 22,631 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 0 | 204 | 273 | 171 | 227 | 273 | 364 | 485 | 1,041 | 593 | 1,709 | 3,192 | 924 | 1,090 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -2,194 | -2,194 | -675 | 1,857 | 3,124 | -12,268 | 12,350 | -30,605 | 737 | 29,243 | -12,770 | -21,105 | 26,225 | 8,275 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -34,974 | 20,415 | -5,321 | -38,716 | 35,859 | -16,061 | 38,798 |
| Accruals and Deferred Income | -1,630 | -362 | -22,353 | 12,053 | 4,146 | -9,902 | 19,038 | 1,771 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -1,791 | -90 | 7,338 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -423 | 423 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -3,602 | -1,848 | -19,908 | 20,945 | -41 | -6,526 | 8,824 | -47,222 | 39,392 | -17,337 | -31,285 | 54,723 | -37,771 | 49,886 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -3,602 | -1,848 | -19,908 | 20,945 | -41 | -6,526 | 8,824 | -47,222 | 39,392 | -17,337 | -31,285 | 54,723 | -37,771 | 49,886 |
greatsound limited Credit Report and Business Information
Greatsound Limited Competitor Analysis
Perform a competitor analysis for greatsound limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in RM11 area or any other competitors across 12 key performance metrics.
greatsound limited Ownership
GREATSOUND LIMITED group structure
Greatsound Limited has no subsidiary companies.
Ultimate parent company
GREATSOUND LIMITED
03253395
greatsound limited directors
Greatsound Limited currently has 2 directors. The longest serving directors include Mr Derek Wells (Oct 1996) and Ms Antigone Theoharris (Oct 1996).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Derek Wells | 66 years | Oct 1996 | - | Director | |
| Ms Antigone Theoharris | 63 years | Oct 1996 | - | Director |
P&L
April 2023turnover
224.1k
+132%
operating profit
-3.4k
0%
gross margin
72.3%
-2.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
10
-1%
total assets
8.2k
-0.44%
cash
8.2k
-0.3%
net assets
Total assets minus all liabilities
greatsound limited company details
company number
03253395
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
September 1996
age
28
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2023
previous names
N/A
accountant
BRUCE ALLEN LLP
auditor
-
address
3rd floor, scottish mutual house, 27-29 north street, hornchurch, essex, RM11 1RS
Bank
-
Legal Advisor
-
greatsound 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 greatsound limited.
greatsound limited Companies House Filings - See Documents
| date | description | view/download |
|---|
