raindance music limited

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raindance music limited Company Information

Share RAINDANCE MUSIC LIMITED

Company Number

04171561

Shareholders

nic burrows

chris smith

Group Structure

View All

Industry

Sound recording and music publishing activities

 

Registered Address

190 collis street, amblecote, stourbridge, west midlands, DY8 4EQ

raindance music limited Estimated Valuation

£10.6k

Pomanda estimates the enterprise value of RAINDANCE MUSIC LIMITED at £10.6k based on a Turnover of £30.1k and 0.35x industry multiple (adjusted for size and gross margin).

raindance music limited Estimated Valuation

£0

Pomanda estimates the enterprise value of RAINDANCE MUSIC LIMITED at £0 based on an EBITDA of £-1.5k and a 1.88x industry multiple (adjusted for size and gross margin).

raindance music limited Estimated Valuation

£0

Pomanda estimates the enterprise value of RAINDANCE MUSIC LIMITED at £0 based on Net Assets of £-7.3k and 1.78x industry multiple (adjusted for liquidity).

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Raindance Music Limited Overview

Raindance Music Limited is a live company located in stourbridge, DY8 4EQ with a Companies House number of 04171561. It operates in the sound recording and music publishing activities sector, SIC Code 59200. Founded in March 2001, it's largest shareholder is nic burrows with a 50% stake. Raindance Music Limited is a mature, micro sized company, Pomanda has estimated its turnover at £30.1k with declining growth in recent years.

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Raindance Music Limited Health Check

Pomanda's financial health check has awarded Raindance Music Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £30.1k, make it smaller than the average company (£358.4k)

£30.1k - Raindance Music Limited

£358.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (17%)

-16% - Raindance Music Limited

17% - Industry AVG

production

Production

with a gross margin of 20.7%, this company has a higher cost of product (42.6%)

20.7% - Raindance Music Limited

42.6% - Industry AVG

profitability

Profitability

an operating margin of -4.9% make it less profitable than the average company (8.1%)

-4.9% - Raindance Music Limited

8.1% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (2)

1 - Raindance Music Limited

2 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.7k, the company has an equivalent pay structure (£48.7k)

£48.7k - Raindance Music Limited

£48.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £30.1k, this is less efficient (£128.9k)

£30.1k - Raindance Music Limited

£128.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 36 days, this is near the average (31 days)

36 days - Raindance Music Limited

31 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 305 days, this is slower than average (20 days)

305 days - Raindance Music Limited

20 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Raindance Music Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Raindance Music Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 157.2%, this is a higher level of debt than the average (73.3%)

157.2% - Raindance Music Limited

73.3% - Industry AVG

RAINDANCE MUSIC LIMITED financials

EXPORTms excel logo

Raindance Music Limited's latest turnover from April 2024 is estimated at £30.1 thousand and the company has net assets of -£7.3 thousand. According to their latest financial statements, Raindance Music Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover30,11442,45553,93051,36648,11438,28748,85446,1545,2055,0876,45824,418
Other Income Or Grants
Cost Of Sales23,88834,74743,46540,60137,32228,01737,55536,2853,8743,7124,80417,523
Gross Profit6,2267,70810,46510,76610,79210,27011,2999,8691,3311,3751,6546,895
Admin Expenses7,70413,65510,4647,91813,61415,38418,17915,385-6,193-5,616-3,17010,076-3,397-3,330-3,250
Operating Profit-1,478-5,94712,848-2,822-5,114-6,880-5,5166,1935,6163,170-8,7454,7724,98410,145
Interest Payable
Interest Receivable1667514169866726
Pre-Tax Profit-1,478-5,94712,848-2,822-5,114-6,880-5,5006,2605,6663,210-8,6764,8585,05110,171
Tax-541-1,252-1,133-674-1,166-1,313-2,848
Profit After Tax-1,478-5,94712,307-2,822-5,114-6,880-5,5005,0084,5332,536-8,6763,6923,7387,323
Dividends Paid
Retained Profit-1,478-5,94712,307-2,822-5,114-6,880-5,5005,0084,5332,536-8,6763,6923,7387,323
Employee Costs48,72168,15288,26089,94488,37646,02245,06441,08050,99244,13346,81646,826
Number Of Employees122221111111
EBITDA*-1,478-5,94712,848-2,822-5,114-6,880-5,5168,7838,2346,070-5,6197,3746,67011,663

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets9,72911,44810,07611,8559,53811,22413,20615,54118,28116,60317,36919,11915,67614,62910,306
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets9,72911,44810,07611,8559,53811,22413,20615,54118,28116,60317,36919,11915,67614,62910,306
Stock & work in progress
Trade Debtors2,9891,00513,40511,12511,81714,29017,36116,9857534,505
Group Debtors
Misc Debtors
Cash13,18313,7216,5279,67217,95816,56310,417
misc current assets
total current assets2,9891,00513,40511,12511,81714,29017,36116,98513,18313,7216,52710,42517,95816,56314,922
total assets12,71812,45323,48122,98021,35525,51430,56732,52631,46430,32423,89629,54433,63431,19225,228
Bank overdraft
Bank loan
Trade Creditors 19,99718,25423,33522,83523,51724,85424,59319,6727,1955,6696,328
Group/Directors Accounts16,17213,11213,70317,805
other short term finances
hp & lease commitments
other current liabilities13,21017,07815,183
total current liabilities19,99718,25423,33522,83523,51724,85424,59319,67213,21017,07815,18323,36718,78120,03117,805
loans
hp & lease commitments
Accruals and Deferred Income200200
other liabilities
provisions
total long term liabilities200200
total liabilities19,99718,25423,33522,83523,51724,85424,79319,87213,21017,07815,18323,36718,78120,03117,805
net assets-7,279-5,801146145-2,1626605,77412,65418,25413,2468,7136,17714,85311,1617,423
total shareholders funds-7,279-5,801146145-2,1626605,77412,65418,25413,2468,7136,17714,85311,1617,423
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit-1,478-5,94712,848-2,822-5,114-6,880-5,5166,1935,6163,170-8,7454,7724,98410,145
Depreciation2,5902,6182,9003,1262,6021,6861,518
Amortisation
Tax-541-1,252-1,133-674-1,166-1,313-2,848
Stock
Debtors1,984-12,4002,280-692-2,473-3,07137616,985-753753-4,5054,505
Creditors1,743-5,081500-682-1,3372614,92119,672-7,1951,526-6596,328
Accruals and Deferred Income-200-13,010-3,8681,89515,183
Deferred Taxes & Provisions
Cash flow from operations-1,7191,372-1,7792,317-1,686-1,982-2,335-15,8393,6638,99614,137-4,8465,54916,1904,310
Investing Activities
capital expenditure1,719-1,3721,779-2,3171,6861,9822,3352,740-4,268-1,852-1,150-6,569-3,649-6,009-11,824
Change in Investments
cash flow from investments1,719-1,3721,779-2,3171,6861,9822,3352,740-4,268-1,852-1,150-6,569-3,649-6,009-11,824
Financing Activities
Bank loans
Group/Directors Accounts-16,1723,060-591-4,10217,805
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-100100
interest1667514169866726
cash flow from financing-846751-16,1313,129-505-4,03517,931
cash and cash equivalents
cash-13,183-5387,194-3,145-8,2861,3956,14610,417
overdraft
change in cash-13,183-5387,194-3,145-8,2861,3956,14610,417

raindance 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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Raindance Music Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for raindance music limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in DY8 area or any other competitors across 12 key performance metrics.

raindance music limited Ownership

RAINDANCE MUSIC LIMITED group structure

Raindance Music Limited has no subsidiary companies.

Ultimate parent company

RAINDANCE MUSIC LIMITED

04171561

RAINDANCE MUSIC LIMITED Shareholders

nic burrows 50%
chris smith 50%

raindance music limited directors

Raindance Music Limited currently has 2 directors. The longest serving directors include Mr Nicolas Burrows (Mar 2001) and Mr Christopher Smith (Mar 2001).

officercountryagestartendrole
Mr Nicolas Burrows61 years Mar 2001- Director
Mr Christopher Smith50 years Mar 2001- Director

P&L

April 2024

turnover

30.1k

-29%

operating profit

-1.5k

0%

gross margin

20.7%

+13.87%

turnover

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

Balance Sheet

April 2024

net assets

-7.3k

+0.25%

total assets

12.7k

+0.02%

cash

0

0%

net assets

Total assets minus all liabilities

raindance music limited company details

company number

04171561

Type

Private limited with Share Capital

industry

59200 - Sound recording and music publishing activities

incorporation date

March 2001

age

24

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

April 2024

previous names

N/A

accountant

-

auditor

-

address

190 collis street, amblecote, stourbridge, west midlands, DY8 4EQ

Bank

-

Legal Advisor

-

raindance 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 raindance music limited.

raindance 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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raindance music limited Companies House Filings - See Documents

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