salvation music limited

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salvation music limited Company Information

Share SALVATION MUSIC LIMITED

Company Number

04041699

Shareholders

rugagug limited

trc management ltd

Group Structure

View All

Industry

Sound recording and music publishing activities

 

Registered Address

c/o ymu business management limi, 180 great portland street, london, W1W 5QZ

salvation music limited Estimated Valuation

£326.4k

Pomanda estimates the enterprise value of SALVATION MUSIC LIMITED at £326.4k based on a Turnover of £699.6k and 0.47x industry multiple (adjusted for size and gross margin).

salvation music limited Estimated Valuation

£25.9k

Pomanda estimates the enterprise value of SALVATION MUSIC LIMITED at £25.9k based on an EBITDA of £10.4k and a 2.5x industry multiple (adjusted for size and gross margin).

salvation music limited Estimated Valuation

£144.2k

Pomanda estimates the enterprise value of SALVATION MUSIC LIMITED at £144.2k based on Net Assets of £80.9k and 1.78x industry multiple (adjusted for liquidity).

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Salvation Music Limited Overview

Salvation Music Limited is a live company located in london, W1W 5QZ with a Companies House number of 04041699. It operates in the sound recording and music publishing activities sector, SIC Code 59200. Founded in July 2000, it's largest shareholder is rugagug limited with a 80% stake. Salvation Music Limited is a mature, small sized company, Pomanda has estimated its turnover at £699.6k with healthy growth in recent years.

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Salvation Music Limited Health Check

Pomanda's financial health check has awarded Salvation Music Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

2 Weak

size

Size

annual sales of £699.6k, make it larger than the average company (£450.3k)

£699.6k - Salvation Music Limited

£450.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (12.9%)

5% - Salvation Music Limited

12.9% - Industry AVG

production

Production

with a gross margin of 45.6%, this company has a comparable cost of product (45.6%)

45.6% - Salvation Music Limited

45.6% - Industry AVG

profitability

Profitability

an operating margin of 1.5% make it less profitable than the average company (9.1%)

1.5% - Salvation Music Limited

9.1% - Industry AVG

employees

Employees

with 5 employees, this is above the industry average (2)

5 - Salvation Music Limited

2 - Industry AVG

paystructure

Pay Structure

on an average salary of £43.5k, the company has an equivalent pay structure (£43.5k)

£43.5k - Salvation Music Limited

£43.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £139.9k, this is equally as efficient (£139.9k)

£139.9k - Salvation Music Limited

£139.9k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Salvation Music Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Salvation Music Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Salvation Music Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1142 weeks, this is more cash available to meet short term requirements (32 weeks)

1142 weeks - Salvation Music Limited

32 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 4.6%, this is a lower level of debt than the average (70.3%)

4.6% - Salvation Music Limited

70.3% - Industry AVG

SALVATION MUSIC LIMITED financials

EXPORTms excel logo

Salvation Music Limited's latest turnover from March 2024 is estimated at £699.6 thousand and the company has net assets of £80.9 thousand. According to their latest financial statements, Salvation Music Limited has 5 employees and maintains cash reserves of £84.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover699,560720,996626,724609,498628,791173,761163,73890,78586,98610,60441,46031,79936,00960,47038,731
Other Income Or Grants
Cost Of Sales380,577372,658362,062328,326323,38989,51084,27950,25844,2255,10023,45415,80018,10930,37220,340
Gross Profit318,983348,337264,661281,172305,40284,25179,45940,52742,7615,50418,00615,99817,90030,09818,392
Admin Expenses308,615334,476249,685260,842285,56283,68077,14540,50848,7948,82015,4218,33715,07531,0695,747
Operating Profit10,36813,86114,97620,33019,8405712,31419-6,033-3,3162,5857,6612,825-97112,645
Interest Payable
Interest Receivable4,1792,8694114016523440869871302615
Pre-Tax Profit14,54716,73015,38620,37019,8566222,34819-5,993-3,2302,6837,7322,855-94512,660
Tax-3,637-3,179-2,923-3,870-3,773-118-446-4-617-1,856-742-3,545
Profit After Tax10,91013,55112,46316,50016,0835041,90215-5,993-3,2302,0665,8762,113-9459,115
Dividends Paid
Retained Profit10,91013,55112,46316,50016,0835041,90215-5,993-3,2302,0665,8762,113-9459,115
Employee Costs217,718186,540203,861226,809227,73547,83443,60841,39747,06147,88648,05146,43345,15446,86447,352
Number Of Employees555551111111111
EBITDA*10,36813,86114,97620,33019,8405712,31419-6,033-1,6533,5138,8994,35360113,825

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets1,7883,6214,8294,9892,7863,7144,5824,7173,539
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,7883,6214,8294,9892,7863,7144,5824,7173,539
Stock & work in progress
Trade Debtors16,0999,7809,1215,0005,0007,6105,000
Group Debtors
Misc Debtors1131,5945,000
Cash84,79374,40460,59648,93332,0415013,71615,95218,45420,7537,4714,4955,931
misc current assets
total current assets84,79374,40460,59748,93432,04417,74313,7169,7809,12115,95223,45425,75312,47112,10510,931
total assets84,79374,40460,59748,93432,04417,74315,50413,40113,95020,94126,24029,46717,05316,82214,470
Bank overdraft
Bank loan
Trade Creditors 4,3842,7095,1487,77512,9526,3288,2805,353
Group/Directors Accounts60
other short term finances
hp & lease commitments
other current liabilities3,8584,3794,1234,9234,5336,3184,583
total current liabilities3,8584,3794,1234,9234,5336,3184,5834,3842,7095,2087,77512,9526,3288,2805,353
loans
hp & lease commitments
Accruals and Deferred Income1,488
other liabilities
provisions751736238354440370
total long term liabilities2,239736238354440370
total liabilities3,8584,3794,1234,9234,5336,3184,5834,3844,9485,9448,01313,3066,7688,6505,353
net assets80,93570,02556,47444,01127,51111,42510,9219,0179,00214,99718,22716,16110,2858,1729,117
total shareholders funds80,93570,02556,47444,01127,51111,42510,9219,0179,00214,99718,22716,16110,2858,1729,117
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit10,36813,86114,97620,33019,8405712,31419-6,033-3,3162,5857,6612,825-97112,645
Depreciation1,6639281,2381,5281,5721,180
Amortisation
Tax-3,637-3,179-2,923-3,870-3,773-118-446-4-617-1,856-742-3,545
Stock
Debtors-1-2-17,69017,693-9,7806599,121-5,000-2,6102,6105,000
Creditors-4,3841,675-2,439-2,627-5,1776,624-1,9522,9275,353
Accruals and Deferred Income-521256-800390-1,7851,7354,583-1,4881,488
Deferred Taxes & Provisions-75115498-116-8670370
Cash flow from operations6,21010,93911,25316,85231,972-15,50511,847-1,208-16,0901,218-2,39713,5814,3391,28810,633
Investing Activities
capital expenditure1,7881,8331,208160-3,866-370-1,393-2,750-4,719
Change in Investments
cash flow from investments1,7881,8331,208160-3,866-370-1,393-2,750-4,719
Financing Activities
Bank loans
Group/Directors Accounts-6060
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue32-22
interest4,1792,8694114016523440869871302615
cash flow from financing4,1792,86941140195236-221469871302617
cash and cash equivalents
cash10,38913,80811,66316,89231,991-13,66613,716-15,952-2,502-2,29913,2822,976-1,4365,931
overdraft
change in cash10,38913,80811,66316,89231,991-13,66613,716-15,952-2,502-2,29913,2822,976-1,4365,931

salvation music limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Salvation Music Limited Competitor Analysis

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Perform a competitor analysis for salvation music limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in W1W area or any other competitors across 12 key performance metrics.

salvation music limited Ownership

SALVATION MUSIC LIMITED group structure

Salvation Music Limited has no subsidiary companies.

Ultimate parent company

SALVATION MUSIC LIMITED

04041699

SALVATION MUSIC LIMITED Shareholders

rugagug limited 80%
trc management ltd 20%

salvation music limited directors

Salvation Music Limited currently has 7 directors. The longest serving directors include Mr Philip Chadwick (Jun 2019) and Mr Philip Chadwick (Jun 2019).

officercountryagestartendrole
Mr Philip ChadwickEngland53 years Jun 2019- Director
Mr Philip ChadwickUnited Kingdom53 years Jun 2019- Director
Mr Peter TurnerEngland50 years Jul 2019- Director
Mr Peter TurnerEngland50 years Jul 2019- Director
Mr Craig PotterEngland49 years Jul 2019- Director
Mr Mark PotterUnited Kingdom50 years Jul 2019- Director
Mr Guy GarveyEngland51 years Jul 2019- Director

P&L

March 2024

turnover

699.6k

-3%

operating profit

10.4k

0%

gross margin

45.6%

-5.62%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

80.9k

+0.16%

total assets

84.8k

+0.14%

cash

84.8k

+0.14%

net assets

Total assets minus all liabilities

salvation music limited company details

company number

04041699

Type

Private limited with Share Capital

industry

59200 - Sound recording and music publishing activities

incorporation date

July 2000

age

25

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

c/o ymu business management limi, 180 great portland street, london, W1W 5QZ

Bank

BARCLAYS BANK PLC

Legal Advisor

-

salvation 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 salvation music limited.

salvation 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.

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salvation music limited Companies House Filings - See Documents

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