soundcarving limited

soundcarving limited Company Information

Share SOUNDCARVING LIMITED
Live 
MatureMicroDeclining

Company Number

05239781

Industry

Performing arts

 

Directors

Clark Rundell

Shareholders

clark rundell

christopher rundell

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Group Structure

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Contact

Registered Address

c/o djh st george's house, 56 peter street, manchester, M2 3NQ

Website

-

soundcarving limited Estimated Valuation

£4.1k

Pomanda estimates the enterprise value of SOUNDCARVING LIMITED at £4.1k based on a Turnover of £11.3k and 0.36x industry multiple (adjusted for size and gross margin).

soundcarving limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SOUNDCARVING LIMITED at £0 based on an EBITDA of £-268 and a 4x industry multiple (adjusted for size and gross margin).

soundcarving limited Estimated Valuation

£151

Pomanda estimates the enterprise value of SOUNDCARVING LIMITED at £151 based on Net Assets of £100 and 1.51x industry multiple (adjusted for liquidity).

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Soundcarving Limited Overview

Soundcarving Limited is a live company located in manchester, M2 3NQ with a Companies House number of 05239781. It operates in the performing arts sector, SIC Code 90010. Founded in September 2004, it's largest shareholder is clark rundell with a 90% stake. Soundcarving Limited is a mature, micro sized company, Pomanda has estimated its turnover at £11.3k with declining growth in recent years.

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Soundcarving Limited Health Check

Pomanda's financial health check has awarded Soundcarving Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £11.3k, make it smaller than the average company (£317.7k)

£11.3k - Soundcarving Limited

£317.7k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -44%, show it is growing at a slower rate (8.5%)

-44% - Soundcarving Limited

8.5% - Industry AVG

production

Production

with a gross margin of 2.9%, this company has a higher cost of product (28.1%)

2.9% - Soundcarving Limited

28.1% - Industry AVG

profitability

Profitability

an operating margin of -2.4% make it less profitable than the average company (0.8%)

-2.4% - Soundcarving Limited

0.8% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (7)

1 - Soundcarving Limited

7 - Industry AVG

paystructure

Pay Structure

on an average salary of £26.9k, the company has an equivalent pay structure (£26.9k)

£26.9k - Soundcarving Limited

£26.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £11.3k, this is less efficient (£72.9k)

£11.3k - Soundcarving Limited

£72.9k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Soundcarving Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 90 days, this is slower than average (15 days)

90 days - Soundcarving Limited

15 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Soundcarving Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 53 weeks, this is less cash available to meet short term requirements (125 weeks)

53 weeks - Soundcarving Limited

125 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 98%, this is a higher level of debt than the average (23.3%)

98% - Soundcarving Limited

23.3% - Industry AVG

SOUNDCARVING LIMITED financials

EXPORTms excel logo

Soundcarving Limited's latest turnover from March 2024 is estimated at £11.3 thousand and the company has net assets of £100. According to their latest financial statements, we estimate that Soundcarving Limited has 1 employee and maintains cash reserves of £5.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Turnover11,28130,89664,74850,38292,793129,546151,561114,04025,55922,63011,16812,8432,67300
Other Income Or Grants000000000000000
Cost Of Sales10,94929,98364,82947,38787,442123,966140,389105,00323,35918,8289,45710,1262,22800
Gross Profit332912-812,9955,3525,58011,1729,0372,2003,8011,7112,71744400
Admin Expenses6001,0217,74615,8736,454-97211,1934,811-2,5927,871-831-774678-1,868-16,983
Operating Profit-268-109-7,827-12,878-1,1026,552-214,2264,792-4,0702,5423,491-2341,86816,983
Interest Payable000000000000000
Interest Receivable26810900000726212935394017
Pre-Tax Profit00-7,827-12,878-1,1026,552-214,2344,818-4,0492,5713,525-1951,90817,000
Tax00000-1,2450-847-9630-591-8460-534-4,760
Profit After Tax00-7,827-12,878-1,1025,307-213,3873,854-4,0491,9802,679-1951,37412,240
Dividends Paid000000000000000
Retained Profit00-7,827-12,878-1,1025,307-213,3873,854-4,0491,9802,679-1951,37412,240
Employee Costs26,86225,69624,27123,54423,87823,68947,65523,59824,33724,88624,02923,83723,29700
Number Of Employees111111211111100
EBITDA*-2684,293-7,827-12,878-1,1026,552-214,2264,792-4,0702,5423,491-2342,54316,983

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Tangible Assets007,01213,17621,99727,84817,19819,74718,90518,34917,73712,78711,3659,5778,902
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets007,01213,17621,99727,84817,19819,74718,90518,34917,73712,78711,3659,5778,902
Stock & work in progress000000000000000
Trade Debtors006,6204,06012,38417,30813,5239,6651,29406461,247002,500
Group Debtors000000000000000
Misc Debtors000000000000000
Cash5,1135,1130000005,9834,2484,2037,5406,2619,2446,770
misc current assets000000000000000
total current assets5,1135,1136,6204,06012,38417,30813,5239,6657,2774,2484,8498,7876,2619,2449,270
total assets5,1135,11313,63217,23634,38145,15630,72129,41226,18222,59722,58621,57417,62618,82118,172
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 2,7162,7168,8834,6608,92718,6009,4728,1428,1998,468056097500
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities2,2972,2970000000004,8163,1325,1075,832
total current liabilities5,0135,0138,8834,6608,92718,6009,4728,1428,1998,46805,3764,1075,1075,832
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities00000000004,4080000
provisions000000000000000
total long term liabilities00000000004,4080000
total liabilities5,0135,0138,8834,6608,92718,6009,4728,1428,1998,4684,4085,3764,1075,1075,832
net assets1001004,74912,57625,45426,55621,24921,27017,98314,12918,17816,19813,51913,71412,340
total shareholders funds1001004,74912,57625,45426,55621,24921,27017,98314,12918,17816,19813,51913,71412,340
Mar 2024Mar 2023Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Operating Activities
Operating Profit-268-109-7,827-12,878-1,1026,552-214,2264,792-4,0702,5423,491-2341,86816,983
Depreciation04,402000000000006750
Amortisation000000000000000
Tax00000-1,2450-847-9630-591-8460-534-4,760
Stock000000000000000
Debtors002,560-8,324-4,9243,7853,8588,3711,294-646-6011,2470-2,5002,500
Creditors02,7164,223-4,267-9,6739,1281,330-57-2698,468-560-41597500
Accruals and Deferred Income02,29700000000-4,8161,684-1,975-7255,832
Deferred Taxes & Provisions000000000000000
Cash flow from operations-2689,306-6,164-8,821-5,85110,650-2,549-5,0492,2665,044-2,8242,667-1,2343,78415,555
Investing Activities
capital expenditure0-4,4026,1648,8215,851-10,6502,549-842-556-612-4,950-1,422-1,788-1,350-8,902
Change in Investments000000000000000
cash flow from investments0-4,4026,1648,8215,851-10,6502,549-842-556-612-4,950-1,422-1,788-1,350-8,902
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000-4,4084,4080000
share issue010000000-100000000100
interest26810900000726212935394017
cash flow from financing26820900000-9326-4,3874,437353940117
cash and cash equivalents
cash05,11300000-5,9831,73545-3,3371,279-2,9832,4746,770
overdraft000000000000000
change in cash05,11300000-5,9831,73545-3,3371,279-2,9832,4746,770

soundcarving 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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Soundcarving Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for soundcarving limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in M 2 area or any other competitors across 12 key performance metrics.

soundcarving limited Ownership

SOUNDCARVING LIMITED group structure

Soundcarving Limited has no subsidiary companies.

Ultimate parent company

SOUNDCARVING LIMITED

05239781

SOUNDCARVING LIMITED Shareholders

clark rundell 90%
christopher rundell 5%
clara rundell 5%

soundcarving limited directors

Soundcarving Limited currently has 1 director, Mr Clark Rundell serving since Sep 2004.

officercountryagestartendrole
Mr Clark RundellEngland63 years Sep 2004- Director

P&L

March 2024

turnover

11.3k

-63%

operating profit

-268.4

0%

gross margin

3%

-0.32%

turnover

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

Balance Sheet

March 2024

net assets

100

0%

total assets

5.1k

0%

cash

5.1k

0%

net assets

Total assets minus all liabilities

soundcarving limited company details

company number

05239781

Type

Private limited with Share Capital

industry

90010 - Performing arts

incorporation date

September 2004

age

20

incorporated

UK

ultimate parent company

None

accounts

Dormant

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

c/o djh st george's house, 56 peter street, manchester, M2 3NQ

Bank

-

Legal Advisor

-

soundcarving 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 soundcarving limited.

soundcarving 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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soundcarving limited Companies House Filings - See Documents

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