diamond sound ltd

diamond sound ltd Company Information

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Company Number

04533587

Industry

Sound recording and music publishing activities

 

Directors

Sam Diamond

Shareholders

sebastian john diamond

christina leith violet meiklejohn

Group Structure

View All

Contact

Registered Address

65 -67 wembley hill road, wembley, HA9 8DP

Website

-

diamond sound ltd Estimated Valuation

£61.6k

Pomanda estimates the enterprise value of DIAMOND SOUND LTD at £61.6k based on a Turnover of £96.9k and 0.64x industry multiple (adjusted for size and gross margin).

diamond sound ltd Estimated Valuation

£32.4k

Pomanda estimates the enterprise value of DIAMOND SOUND LTD at £32.4k based on an EBITDA of £9.4k and a 3.44x industry multiple (adjusted for size and gross margin).

diamond sound ltd Estimated Valuation

£86.6k

Pomanda estimates the enterprise value of DIAMOND SOUND LTD at £86.6k based on Net Assets of £46.7k and 1.85x industry multiple (adjusted for liquidity).

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Diamond Sound Ltd Overview

Diamond Sound Ltd is a live company located in wembley, HA9 8DP with a Companies House number of 04533587. It operates in the sound recording and music publishing activities sector, SIC Code 59200. Founded in September 2002, it's largest shareholder is sebastian john diamond with a 80% stake. Diamond Sound Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £96.9k with healthy growth in recent years.

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Diamond Sound Ltd Health Check

Pomanda's financial health check has awarded Diamond Sound Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £96.9k, make it smaller than the average company (£436.1k)

£96.9k - Diamond Sound Ltd

£436.1k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 10%, show it is growing at a similar rate (11.4%)

10% - Diamond Sound Ltd

11.4% - Industry AVG

production

Production

with a gross margin of 47.9%, this company has a comparable cost of product (47.9%)

47.9% - Diamond Sound Ltd

47.9% - Industry AVG

profitability

Profitability

an operating margin of 5.5% make it less profitable than the average company (8.5%)

5.5% - Diamond Sound Ltd

8.5% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (3)

2 - Diamond Sound Ltd

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.2k, the company has an equivalent pay structure (£38.2k)

£38.2k - Diamond Sound Ltd

£38.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £48.5k, this is less efficient (£128.5k)

£48.5k - Diamond Sound Ltd

£128.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 11 days, this is earlier than average (37 days)

11 days - Diamond Sound Ltd

37 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Diamond Sound Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Diamond Sound Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 87 weeks, this is more cash available to meet short term requirements (26 weeks)

87 weeks - Diamond Sound Ltd

26 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 49.5%, this is a lower level of debt than the average (76.2%)

49.5% - Diamond Sound Ltd

76.2% - Industry AVG

DIAMOND SOUND LTD financials

EXPORTms excel logo

Diamond Sound Ltd's latest turnover from October 2023 is estimated at £96.9 thousand and the company has net assets of £46.7 thousand. According to their latest financial statements, Diamond Sound Ltd has 2 employees and maintains cash reserves of £71.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Turnover96,931105,08277,94572,983105,906130,557108,324180,32034,88866,41332,02844,30740,38962,20183,256
Other Income Or Grants000000000000000
Cost Of Sales50,51160,90947,02438,68656,06567,06759,23790,35817,45933,42116,38921,23519,48530,8600
Gross Profit46,41944,17330,92134,29749,84163,49049,08889,96217,42932,99215,63923,07220,90331,3410
Admin Expenses41,08940,42431,35242,77362,77660,16359,64055,139-15,80744,08827,45619,11121,148-9,928-58,121
Operating Profit5,3303,749-431-8,476-12,9353,327-10,55234,82333,236-11,096-11,8173,961-24541,26958,121
Interest Payable000000000000000
Interest Receivable3,3601,292483630127867961418317520314426
Pre-Tax Profit8,6915,041-383-8,440-12,6343,605-10,48534,91933,378-11,013-11,6424,164-10141,27158,127
Tax-2,173-958000-6850-6,984-6,67500-9990-8,983-12,482
Profit After Tax6,5184,083-383-8,440-12,6342,920-10,48527,93526,702-11,013-11,6423,165-10132,28845,645
Dividends Paid000000000000030,00034,000
Retained Profit6,5184,083-383-8,440-12,6342,920-10,48527,93526,702-11,013-11,6423,165-1012,28811,645
Employee Costs76,40876,89081,25592,89593,37891,08682,52290,26447,02447,70248,05144,35248,00546,1856,788
Number Of Employees222222221111110
EBITDA*9,4228,4384,837-2,505-5,47111,620-1,08934,82337,464-6,340-6,90310,1885,06741,26958,121

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Tangible Assets16,84018,75421,07023,88529,85633,17037,85226,91816,33118,25218,62823,54219,42117,08421,964
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets16,84018,75421,07023,88529,85633,17037,85226,91816,33118,25218,62823,54219,42117,08421,964
Stock & work in progress000000000000000
Trade Debtors2,9595,7115171,7763,5061,9205912,7044207,6031,1521,1661,26011,9948,780
Group Debtors000000000000000
Misc Debtors1,1209951,0289979461,1943,52030,8300000000
Cash71,48956,51858,32736,78034,84245,42228,66825,03951,5814,84228,53341,39639,94617,58817,518
misc current assets000000008789625165651,78700
total current assets75,56863,22459,87239,55339,29448,53632,77958,57352,87913,40730,20143,12742,99329,58226,298
total assets92,40881,97880,94263,43869,15081,70670,63185,49169,21031,65948,82966,66962,41446,66648,262
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 0000000029,43918,35324,61430,04830,06500
Group/Directors Accounts00000000000004,0416,063
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities42,65838,24440,85122,42918,56717,8598,81414,9970000012,56114,423
total current liabilities42,65838,24440,85122,42918,56717,8598,81414,99729,43918,35324,61430,04830,06516,60220,486
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions3,0613,5634,0034,5385,6726,3027,1925,3842,5962,8332,7293,4932,38600
total long term liabilities3,0613,5634,0034,5385,6726,3027,1925,3842,5962,8332,7293,4932,38600
total liabilities45,71941,80744,85426,96724,23924,16116,00620,38132,03521,18627,34333,54132,45116,60220,486
net assets46,68940,17136,08836,47144,91157,54554,62565,11037,17510,47321,48633,12829,96330,06427,776
total shareholders funds46,68940,17136,08836,47144,91157,54554,62565,11037,17510,47321,48633,12829,96330,06427,776
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Operating Activities
Operating Profit5,3303,749-431-8,476-12,9353,327-10,55234,82333,236-11,096-11,8173,961-24541,26958,121
Depreciation4,0924,6895,2685,9717,4648,2939,46304,2284,7564,9146,2275,31200
Amortisation000000000000000
Tax-2,173-958000-6850-6,984-6,67500-9990-8,983-12,482
Stock000000000000000
Debtors-2,6275,161-1,228-1,6791,338-997-29,42333,114-7,1836,451-14-94-10,7343,2148,780
Creditors0000000-29,43911,086-6,261-5,434-1730,06500
Accruals and Deferred Income4,414-2,60718,4223,8627089,045-6,18314,9970000-12,561-1,86214,423
Deferred Taxes & Provisions-502-440-535-1,134-630-8901,8082,788-237104-7641,1072,38600
Cash flow from operations13,788-72823,9521,902-6,73120,08723,959-16,92948,821-18,948-13,08710,37335,69127,21051,282
Investing Activities
capital expenditure-2,178-2,373-2,4530-4,150-3,611-20,397-10,587-2,307-4,3800-10,348-7,6494,880-21,964
Change in Investments000000000000000
cash flow from investments-2,178-2,373-2,4530-4,150-3,611-20,397-10,587-2,307-4,3800-10,348-7,6494,880-21,964
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000-4,041-2,0226,063
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue0000000000000016,131
interest3,3601,292483630127867961418317520314426
cash flow from financing3,3601,2924836301278679614183175203-3,897-2,02022,200
cash and cash equivalents
cash14,971-1,80921,5471,938-10,58016,7543,629-26,54246,739-23,691-12,8631,45022,3587017,518
overdraft000000000000000
change in cash14,971-1,80921,5471,938-10,58016,7543,629-26,54246,739-23,691-12,8631,45022,3587017,518

diamond sound ltd 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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Diamond Sound Ltd Competitor Analysis

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Perform a competitor analysis for diamond sound ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in HA9 area or any other competitors across 12 key performance metrics.

diamond sound ltd Ownership

DIAMOND SOUND LTD group structure

Diamond Sound Ltd has no subsidiary companies.

Ultimate parent company

DIAMOND SOUND LTD

04533587

DIAMOND SOUND LTD Shareholders

sebastian john diamond 80%
christina leith violet meiklejohn 20%

diamond sound ltd directors

Diamond Sound Ltd currently has 1 director, Mr Sam Diamond serving since Oct 2002.

officercountryagestartendrole
Mr Sam Diamond58 years Oct 2002- Director

P&L

October 2023

turnover

96.9k

-8%

operating profit

5.3k

0%

gross margin

47.9%

+13.92%

turnover

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

Balance Sheet

October 2023

net assets

46.7k

+0.16%

total assets

92.4k

+0.13%

cash

71.5k

+0.26%

net assets

Total assets minus all liabilities

diamond sound ltd company details

company number

04533587

Type

Private limited with Share Capital

industry

59200 - Sound recording and music publishing activities

incorporation date

September 2002

age

22

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

October 2023

previous names

N/A

accountant

-

auditor

-

address

65 -67 wembley hill road, wembley, HA9 8DP

Bank

ABBEY NATIONAL PLC

Legal Advisor

-

diamond sound ltd 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 diamond sound ltd.

diamond sound ltd 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 DIAMOND SOUND LTD. This can take several minutes, an email will notify you when this has completed.

diamond sound ltd Companies House Filings - See Documents

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