hmv group plc
hmv group plc Company Information
Company Number
03412290
Next Accounts
Nov 2024
Industry
Activities of head offices
Other retail sale of new goods in specialised stores (other than by opticians or commercial art galleries), n.e.c
Shareholders
-
Group Structure
View All
Contact
Registered Address
hill house 1 little new street, london, EC4A 3TR
Website
hmvgroup.comhmv group plc Estimated Valuation
Pomanda estimates the enterprise value of HMV GROUP PLC at £575.1m based on a Turnover of £873.1m and 0.66x industry multiple (adjusted for size and gross margin).
hmv group plc Estimated Valuation
Pomanda estimates the enterprise value of HMV GROUP PLC at £213.7m based on an EBITDA of £43.8m and a 4.88x industry multiple (adjusted for size and gross margin).
hmv group plc Estimated Valuation
Pomanda estimates the enterprise value of HMV GROUP PLC at £0 based on Net Assets of £-136.1m and 2.87x industry multiple (adjusted for liquidity).
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Hmv Group Plc Overview
Hmv Group Plc is a dissolved company that was located in london, EC4A 3TR with a Companies House number of 03412290. It operated in the other retail sale of new goods in specialised stores (not commercial art galleries and opticians) sector, SIC Code 47789. Founded in July 1997, it's largest shareholder was unknown. The last turnover for Hmv Group Plc was estimated at £873.1m.
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Hmv Group Plc Health Check
Pomanda's financial health check has awarded Hmv Group Plc a 3 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
5 Weak
Size
annual sales of £873.1m, make it larger than the average company (£7.8m)
£873.1m - Hmv Group Plc
£7.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Hmv Group Plc
- - Industry AVG
Production
with a gross margin of 3.4%, this company has a higher cost of product (34.3%)
3.4% - Hmv Group Plc
34.3% - Industry AVG
Profitability
an operating margin of -1.7% make it less profitable than the average company (4.4%)
-1.7% - Hmv Group Plc
4.4% - Industry AVG
Employees
with 6997 employees, this is above the industry average (96)
6997 - Hmv Group Plc
96 - Industry AVG
Pay Structure
on an average salary of £19k, the company has a lower pay structure (£27.1k)
£19k - Hmv Group Plc
£27.1k - Industry AVG
Efficiency
resulting in sales per employee of £124.8k, this is equally as efficient (£134.7k)
£124.8k - Hmv Group Plc
£134.7k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (30 days)
6 days - Hmv Group Plc
30 days - Industry AVG
Creditor Days
its suppliers are paid after 26 days, this is quicker than average (45 days)
26 days - Hmv Group Plc
45 days - Industry AVG
Stock Days
it holds stock equivalent to 34 days, this is less than average (63 days)
34 days - Hmv Group Plc
63 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (12 weeks)
5 weeks - Hmv Group Plc
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 152.5%, this is a higher level of debt than the average (69%)
152.5% - Hmv Group Plc
69% - Industry AVG
HMV GROUP PLC financials
Hmv Group Plc's latest turnover from April 2012 is £873.1 million and the company has net assets of -£136.1 million. According to their latest financial statements, Hmv Group Plc has 6,997 employees and maintains cash reserves of £19.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|
| Turnover | 873,100,000 | 1,102,200,000 | 1,281,100,000 |
| Other Income Or Grants | 0 | 0 | 0 |
| Cost Of Sales | 843,400,000 | 1,049,000,000 | 1,154,100,000 |
| Gross Profit | 29,700,000 | 53,200,000 | 127,000,000 |
| Admin Expenses | 44,400,000 | 43,200,000 | 53,500,000 |
| Operating Profit | -14,700,000 | 10,000,000 | 73,500,000 |
| Interest Payable | 25,300,000 | 10,000,000 | 12,100,000 |
| Interest Receivable | 1,700,000 | 200,000 | 5,900,000 |
| Pre-Tax Profit | -38,600,000 | 0 | 67,300,000 |
| Tax | 1,900,000 | -6,400,000 | -19,300,000 |
| Profit After Tax | -36,700,000 | -6,400,000 | 48,000,000 |
| Dividends Paid | 0 | 27,500,000 | 0 |
| Retained Profit | -81,600,000 | -151,500,000 | 49,200,000 |
| Employee Costs | 132,900,000 | 237,500,000 | 240,300,000 |
| Number Of Employees | 6,997 | 13,617 | |
| EBITDA* | 43,800,000 | 61,200,000 | 119,000,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|
| Tangible Assets | 57,800,000 | 97,400,000 | 220,100,000 |
| Intangible Assets | 2,000,000 | 55,500,000 | 126,800,000 |
| Investments & Other | 7,100,000 | 11,400,000 | 10,300,000 |
| Debtors (Due After 1 year) | 2,300,000 | 11,900,000 | 12,700,000 |
| Total Fixed Assets | 59,800,000 | 152,900,000 | 346,900,000 |
| Stock & work in progress | 79,100,000 | 106,200,000 | 247,800,000 |
| Trade Debtors | 16,100,000 | 16,900,000 | 13,200,000 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 20,900,000 | 27,200,000 | 67,500,000 |
| Cash | 19,100,000 | 24,100,000 | 29,700,000 |
| misc current assets | 60,800,000 | 203,000,000 | 1,900,000 |
| total current assets | 196,000,000 | 377,400,000 | 360,100,000 |
| total assets | 255,800,000 | 530,300,000 | 707,000,000 |
| Bank overdraft | 0 | 0 | 2,400,000 |
| Bank loan | 600,000 | 0 | 0 |
| Trade Creditors | 60,400,000 | 92,900,000 | 255,500,000 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 32,700,000 | 185,000,000 | 81,100,000 |
| hp & lease commitments | 0 | 0 | 1,000,000 |
| other current liabilities | 96,200,000 | 115,400,000 | 212,900,000 |
| total current liabilities | 189,900,000 | 393,300,000 | 552,900,000 |
| loans | 318,400,000 | 14,000,000 | 23,600,000 |
| hp & lease commitments | 0 | 0 | 4,100,000 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 19,000,000 | 148,200,000 | 0 |
| provisions | 44,200,000 | 81,200,000 | 83,400,000 |
| total long term liabilities | 200,300,000 | 195,800,000 | 53,500,000 |
| total liabilities | 390,200,000 | 589,100,000 | 606,400,000 |
| net assets | -136,100,000 | -59,600,000 | 99,400,000 |
| total shareholders funds | -136,100,000 | -59,600,000 | 99,400,000 |
| Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | -14,700,000 | 10,000,000 | 73,500,000 |
| Depreciation | 24,200,000 | 50,900,000 | 45,400,000 |
| Amortisation | 34,300,000 | 300,000 | 100,000 |
| Tax | 1,900,000 | -6,400,000 | -19,300,000 |
| Stock | -27,100,000 | -141,600,000 | 247,800,000 |
| Debtors | -16,700,000 | -37,400,000 | 93,400,000 |
| Creditors | -32,500,000 | -162,600,000 | 255,500,000 |
| Accruals and Deferred Income | -19,200,000 | -97,500,000 | 212,900,000 |
| Deferred Taxes & Provisions | -37,000,000 | -2,200,000 | 83,400,000 |
| Cash flow from operations | 800,000 | -28,500,000 | 310,300,000 |
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | -4,300,000 | 1,100,000 | 10,300,000 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 600,000 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | -152,300,000 | 103,900,000 | 81,100,000 |
| Long term loans | 304,400,000 | -9,600,000 | 23,600,000 |
| Hire Purchase and Lease Commitments | 0 | -5,100,000 | 5,100,000 |
| other long term liabilities | -129,200,000 | 148,200,000 | 0 |
| share issue | |||
| interest | -23,600,000 | -9,800,000 | -6,200,000 |
| cash flow from financing | 5,000,000 | 220,100,000 | 153,800,000 |
| cash and cash equivalents | |||
| cash | -5,000,000 | -5,600,000 | 29,700,000 |
| overdraft | 0 | -2,400,000 | 2,400,000 |
| change in cash | -5,000,000 | -3,200,000 | 27,300,000 |
hmv group plc Credit Report and Business Information
Hmv Group Plc Competitor Analysis
Perform a competitor analysis for hmv group plc by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other undefined companies, companies in EC4A area or any other competitors across 12 key performance metrics.
hmv group plc Ownership
HMV GROUP PLC group structure
Hmv Group Plc has 1 subsidiary company.
hmv group plc directors
Hmv Group Plc currently has 2 directors. The longest serving directors include Mr Philip Rowley (Oct 2007) and Mr David Adams (Jun 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Philip Rowley | 72 years | Oct 2007 | - | Director | |
| Mr David Adams | 70 years | Jun 2012 | - | Director |
P&L
April 2012turnover
873.1m
-21%
operating profit
-14.7m
-247%
gross margin
3.5%
-29.52%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2012net assets
-136.1m
+1.28%
total assets
255.8m
-0.52%
cash
19.1m
-0.21%
net assets
Total assets minus all liabilities
hmv group plc company details
company number
03412290
Type
Public limited with Share Capital
industry
70100 - Activities of head offices
47789 - Other retail sale of new goods in specialised stores (other than by opticians or commercial art galleries), n.e.c
incorporation date
July 1997
age
27
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
April 2012
previous names
hmv media group plc (April 2002)
doublecapital public limited company (March 1998)
accountant
-
auditor
-
address
hill house 1 little new street, london, EC4A 3TR
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
hmv group plc 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 32 charges/mortgages relating to hmv group plc. Currently there are 9 open charges and 23 have been satisfied in the past.
hmv group plc Companies House Filings - See Documents
| date | description | view/download |
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