precision audio group limited

precision audio group limited Company Information

Share PRECISION AUDIO GROUP LIMITED
Live 
EstablishedMicroHealthy

Company Number

06663430

Industry

Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

 

Directors

Mark Barnes

Shareholders

arthur barnes

Group Structure

View All

Contact

Registered Address

80 featherstone lane, featherstone lane, pontefract, WF7 6LR

Website

-

precision audio group limited Estimated Valuation

£90k

Pomanda estimates the enterprise value of PRECISION AUDIO GROUP LIMITED at £90k based on a Turnover of £101.2k and 0.89x industry multiple (adjusted for size and gross margin).

precision audio group limited Estimated Valuation

£0

Pomanda estimates the enterprise value of PRECISION AUDIO GROUP LIMITED at £0 based on an EBITDA of £-507 and a 3.46x industry multiple (adjusted for size and gross margin).

precision audio group limited Estimated Valuation

£1.8m

Pomanda estimates the enterprise value of PRECISION AUDIO GROUP LIMITED at £1.8m based on Net Assets of £1.4m and 1.31x industry multiple (adjusted for liquidity).

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Precision Audio Group Limited Overview

Precision Audio Group Limited is a live company located in pontefract, WF7 6LR with a Companies House number of 06663430. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in August 2008, it's largest shareholder is arthur barnes with a 100% stake. Precision Audio Group Limited is a established, micro sized company, Pomanda has estimated its turnover at £101.2k with healthy growth in recent years.

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Precision Audio Group Limited Health Check

Pomanda's financial health check has awarded Precision Audio Group Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £101.2k, make it smaller than the average company (£19.3m)

£101.2k - Precision Audio Group Limited

£19.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a slower rate (11.7%)

9% - Precision Audio Group Limited

11.7% - Industry AVG

production

Production

with a gross margin of 20.9%, this company has a higher cost of product (34.7%)

20.9% - Precision Audio Group Limited

34.7% - Industry AVG

profitability

Profitability

an operating margin of -0.5% make it less profitable than the average company (4.7%)

-0.5% - Precision Audio Group Limited

4.7% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (105)

1 - Precision Audio Group Limited

105 - Industry AVG

paystructure

Pay Structure

on an average salary of £44.5k, the company has an equivalent pay structure (£44.5k)

£44.5k - Precision Audio Group Limited

£44.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £101.2k, this is less efficient (£192.3k)

£101.2k - Precision Audio Group Limited

£192.3k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Precision Audio Group Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 132 days, this is slower than average (43 days)

132 days - Precision Audio Group Limited

43 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Precision Audio Group Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Precision Audio Group Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 2.1%, this is a lower level of debt than the average (68.2%)

2.1% - Precision Audio Group Limited

68.2% - Industry AVG

PRECISION AUDIO GROUP LIMITED financials

EXPORTms excel logo

Precision Audio Group Limited's latest turnover from March 2024 is estimated at £101.2 thousand and the company has net assets of £1.4 million. According to their latest financial statements, Precision Audio Group Limited has 1 employee and maintains cash reserves of 0 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
Turnover101,18791,42181,87678,58381,38181,44379,55577,49282,03181,51481,62881,19137,6920207,840
Other Income Or Grants000000000000000
Cost Of Sales80,02172,45765,19363,57765,22065,53763,89662,25465,91265,87266,38367,14630,7370171,562
Gross Profit21,16618,96416,68315,00716,16115,90615,65915,23816,11915,64215,24414,0456,955036,278
Admin Expenses21,67319,45117,11515,46416,55816,33915,99014,56216,55215,84415,75216,707-1,862,9601,404,721-1,914,723
Operating Profit-507-487-432-457-397-433-331676-433-202-508-2,6621,869,915-1,404,7211,951,001
Interest Payable000000000000000
Interest Receivable000000000002200
Pre-Tax Profit-507-487-432-457-397-433-331676-433-202-508-2,6601,869,918-1,404,7211,951,001
Tax0000000-1350000-486,1790-546,280
Profit After Tax-507-487-432-457-397-433-331541-433-202-508-2,6601,383,739-1,404,7211,404,721
Dividends Paid000000000000000
Retained Profit-507-487-432-457-397-433-331541-433-202-508-2,6601,383,739-1,404,7211,404,721
Employee Costs44,52741,64739,08337,34936,79835,99834,28632,95033,00032,74832,50132,40132,507033,156
Number Of Employees111111111111101
EBITDA*-507-487-432-457-397-433-331676-433-202-508-2,6621,869,915-1,404,7211,951,001

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets1,406,4961,406,4961,406,4961,406,4961,406,4961,406,4961,406,4961,406,4960000000
Intangible Assets000000000000000
Investments & Other000000001,406,4961,406,4961,406,4981,406,4981,406,49801,406,498
Debtors (Due After 1 year)000000000000000
Total Fixed Assets1,406,4961,406,4961,406,4961,406,4961,406,4961,406,4961,406,4961,406,4961,406,4961,406,4961,406,4981,406,4981,406,49801,406,498
Stock & work in progress000000000000000
Trade Debtors0000000000000050,000
Group Debtors000000000000000
Misc Debtors000000000000000
Cash000000000001395500
misc current assets000000000000000
total current assets0000000000013955050,000
total assets1,406,4961,406,4961,406,4961,406,4961,406,4961,406,4961,406,4961,406,4961,406,4961,406,4961,406,4981,406,5111,407,45301,456,498
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 29,06328,55628,06927,63727,18026,78326,35026,01925,55625,12324,92324,42811,480050,744
Group/Directors Accounts00000000000011,230029
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities29,06328,55628,06927,63727,18026,78326,35026,01925,55625,12324,92324,42822,710050,773
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000000000000000
total liabilities29,06328,55628,06927,63727,18026,78326,35026,01925,55625,12324,92324,42822,710050,773
net assets1,377,4331,377,9401,378,4271,378,8591,379,3161,379,7131,380,1461,380,4771,380,9401,381,3731,381,5751,382,0831,384,74301,405,725
total shareholders funds1,377,4331,377,9401,378,4271,378,8591,379,3161,379,7131,380,1461,380,4771,380,9401,381,3731,381,5751,382,0831,384,74301,405,725
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-507-487-432-457-397-433-331676-433-202-508-2,6621,869,915-1,404,7211,951,001
Depreciation000000000000000
Amortisation000000000000000
Tax0000000-1350000-486,1790-546,280
Stock000000000000000
Debtors0000000000000-50,00050,000
Creditors50748743245739743333146343320049512,94811,480-50,74450,744
Accruals and Deferred Income000000000000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations00000001,0040-2-1310,2861,395,216-1,405,4651,405,465
Investing Activities
capital expenditure0000000-1,406,4960000000
Change in Investments0000000-1,406,4960-2001,406,498-1,406,4981,406,498
cash flow from investments000000000200-1,406,4981,406,498-1,406,498
Financing Activities
Bank loans000000000000000
Group/Directors Accounts00000000000-11,23011,230-2929
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue0000000-1,00400001,004-1,0041,004
interest000000000002200
cash flow from financing0000000-1,004000-11,22812,236-1,0331,033
cash and cash equivalents
cash0000000000-13-94295500
overdraft000000000000000
change in cash0000000000-13-94295500

precision audio group 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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Precision Audio Group Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for precision audio group limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in WF7 area or any other competitors across 12 key performance metrics.

precision audio group limited Ownership

PRECISION AUDIO GROUP LIMITED group structure

Precision Audio Group Limited has 1 subsidiary company.

Ultimate parent company

PRECISION AUDIO GROUP LIMITED

06663430

1 subsidiary

PRECISION AUDIO GROUP LIMITED Shareholders

arthur barnes 100%

precision audio group limited directors

Precision Audio Group Limited currently has 1 director, Mr Mark Barnes serving since Nov 2016.

officercountryagestartendrole
Mr Mark BarnesEngland50 years Nov 2016- Director

P&L

March 2024

turnover

101.2k

+11%

operating profit

-507

0%

gross margin

21%

+0.84%

turnover

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

Balance Sheet

March 2024

net assets

1.4m

0%

total assets

1.4m

0%

cash

0

0%

net assets

Total assets minus all liabilities

precision audio group limited company details

company number

06663430

Type

Private limited with Share Capital

industry

64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

incorporation date

August 2008

age

17

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

80 featherstone lane, featherstone lane, pontefract, WF7 6LR

Bank

-

Legal Advisor

-

precision audio group 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 precision audio group limited.

precision audio group 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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precision audio group limited Companies House Filings - See Documents

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