Pomanda estimates the enterprise value of NORTHERN MUSIC CENTRE LTD at £103.2k based on a Turnover of £145k and 0.71x industry multiple (adjusted for size and gross margin).
northern music centre ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of NORTHERN MUSIC CENTRE LTD at £0 based on an EBITDA of £-5.7k and a 4.21x industry multiple (adjusted for size and gross margin).
northern music centre ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of NORTHERN MUSIC CENTRE LTD at £0 based on Net Assets of £-5.5k and 2.53x industry multiple (adjusted for liquidity).
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Northern Music Centre LtdOverview
Northern Music Centre Ltd is a live company located in newton aycliffe, DL5 6GR with a Companies House number of 06923037. It operates in the cultural education sector, SIC Code 85520. Founded in June 2009, it's largest shareholder is
kevin r. miller
with a 99% stake. Northern Music Centre Ltd is a established,
micro sized company, Pomanda has estimated its turnover at
£145k with
declining
growth in recent years.
Pomanda's financial health check has awarded Northern Music Centre Ltd 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 Rating2out of 5
2 Strong
2 Regular
6 Weak
Size
annual sales of £145k, make it smaller than the average company (£224.1k)
£145k - Northern Music Centre Ltd
£224.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -38%, show it is growing at a slower rate (10.8%)
-38% - Northern Music Centre Ltd
10.8% - Industry AVG
Production
with a gross margin of 69.7%, this company has a comparable cost of product (69.7%)
69.7% - Northern Music Centre Ltd
69.7% - Industry AVG
Profitability
an operating margin of -4.4% make it less profitable than the average company (1.3%)
-4.4% - Northern Music Centre Ltd
1.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Northern Music Centre Ltd
6 - Industry AVG
Pay Structure
on an average salary of £25.5k, the company has an equivalent pay structure (£25.5k)
£25.5k - Northern Music Centre Ltd
£25.5k - Industry AVG
Efficiency
resulting in sales per employee of £72.5k, this is more efficient (£55.8k)
£72.5k - Northern Music Centre Ltd
£55.8k - Industry AVG
Debtor Days
it gets paid by customers after 22 days, this is later than average (12 days)
22 days - Northern Music Centre Ltd
12 days - Industry AVG
Creditor Days
its suppliers are paid after 133 days, this is slower than average (27 days)
133 days - Northern Music Centre Ltd
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Northern Music Centre Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Northern Music Centre Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 151.4%, this is a higher level of debt than the average (18.2%)
151.4% - Northern Music Centre Ltd
18.2% - Industry AVG
NORTHERN MUSIC CENTRE LTD financials
EXPORT
Northern Music Centre Ltd's latest turnover from June 2024 is estimated at £145 thousand and the company has net assets of -£5.5 thousand. According to their latest financial statements, Northern Music Centre Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Turnover
145,013
147,062
439,804
612,612
150,392
176,181
176,822
272,810
65,279
39,949
35,370
38,408
Other Income Or Grants
Cost Of Sales
43,924
44,804
168,493
305,858
87,119
73,404
85,736
143,134
36,874
22,381
23,316
23,168
Gross Profit
101,089
102,258
271,311
306,753
63,273
102,777
91,086
129,676
28,405
17,568
12,054
15,240
Admin Expenses
107,427
106,005
277,461
291,613
63,866
109,123
94,066
129,689
23,834
21,707
5,904
14,245
-3,205
-7,311
3,994
Operating Profit
-6,338
-3,747
-6,150
15,140
-593
-6,346
-2,980
-13
4,571
-4,139
6,150
995
3,205
7,311
-3,994
Interest Payable
135
135
283
283
Interest Receivable
9
19
7
7
3
6
5
Pre-Tax Profit
-6,338
-3,747
-6,150
15,140
-593
-6,346
-2,980
-4
4,590
-4,132
6,022
862
3,211
7,032
-4,277
Tax
-2,877
-918
-1,265
-198
-771
-1,828
Profit After Tax
-6,338
-3,747
-6,150
12,263
-593
-6,346
-2,980
-4
3,672
-4,132
4,757
664
2,440
5,204
-4,277
Dividends Paid
Retained Profit
-6,338
-3,747
-6,150
12,263
-593
-6,346
-2,980
-4
3,672
-4,132
4,757
664
2,440
5,204
-4,277
Employee Costs
50,933
24,517
191,589
282,438
64,700
91,111
88,575
106,259
44,836
23,126
23,599
22,496
Number Of Employees
2
1
8
12
3
4
4
5
2
1
1
1
EBITDA*
-5,721
-3,747
-6,150
15,140
-593
-6,346
-2,980
-13
4,842
-3,809
6,552
1,486
4,560
7,311
-3,994
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Tangible Assets
1,852
2,469
11,010
8,458
8,558
8,681
8,829
9,011
1,232
1,503
1,833
2,235
2,726
Intangible Assets
8,000
8,000
8,000
8,000
8,000
8,000
8,000
8,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,852
10,469
11,010
8,458
8,558
8,681
8,829
9,011
9,232
9,503
9,833
10,235
10,726
8,000
8,000
Stock & work in progress
Trade Debtors
8,785
10,676
19,321
21,087
7,297
9,608
9,874
Group Debtors
Misc Debtors
Cash
6,923
654
1,996
668
537
1,831
misc current assets
total current assets
8,785
10,676
19,321
21,087
7,297
9,608
9,874
6,923
654
1,996
668
537
1,831
total assets
10,637
21,145
30,331
29,545
8,558
15,978
18,437
18,885
16,155
10,157
11,829
10,903
11,263
9,831
8,000
Bank overdraft
8,707
Bank loan
Trade Creditors
16,106
20,276
25,813
18,877
10,153
16,980
13,093
10,561
7,729
5,403
2,943
2,614
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
7,798
8,806
3,472
total current liabilities
16,106
20,276
25,813
18,877
10,153
16,980
13,093
10,561
7,729
5,403
2,943
2,614
7,798
8,806
12,179
loans
4,160
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
4,160
total liabilities
16,106
20,276
25,813
18,877
10,153
16,980
13,093
10,561
7,729
5,403
2,943
6,774
7,798
8,806
12,179
net assets
-5,469
869
4,518
10,668
-1,595
-1,002
5,344
8,324
8,426
4,754
8,886
4,129
3,465
1,025
-4,179
total shareholders funds
-5,469
869
4,518
10,668
-1,595
-1,002
5,344
8,324
8,426
4,754
8,886
4,129
3,465
1,025
-4,179
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Operating Activities
Operating Profit
-6,338
-3,747
-6,150
15,140
-593
-6,346
-2,980
-13
4,571
-4,139
6,150
995
3,205
7,311
-3,994
Depreciation
617
271
330
402
491
1,355
Amortisation
Tax
-2,877
-918
-1,265
-198
-771
-1,828
Stock
Debtors
-1,891
-8,645
-1,766
21,087
-7,297
-2,311
-266
9,874
Creditors
-4,170
-5,537
6,936
8,724
-6,827
3,887
2,532
2,832
2,326
2,460
329
2,614
Accruals and Deferred Income
-7,798
-1,008
5,334
3,472
Deferred Taxes & Provisions
Cash flow from operations
-8,000
-639
2,552
-100
-123
-148
-182
-7,055
6,250
-1,349
5,616
-3,896
2,781
10,817
-522
Investing Activities
capital expenditure
8,000
541
-2,552
100
123
148
182
221
-4,081
-8,000
Change in Investments
cash flow from investments
8,000
541
-2,552
100
123
148
182
221
-4,081
-8,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-4,160
4,160
Hire Purchase and Lease Commitments
other long term liabilities
share issue
98
-98
98
interest
9
19
7
-128
-132
6
-278
-283
cash flow from financing
98
-89
19
7
-4,288
4,028
6
-278
-185
cash and cash equivalents
cash
-6,923
6,269
-1,342
1,328
131
-1,294
1,831
overdraft
-8,707
8,707
change in cash
-6,923
6,269
-1,342
1,328
131
-1,294
10,538
-8,707
northern music centre ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for northern music centre ltd. Get real-time insights into northern music centre ltd's credit score, group structure and payment trends.
Perform a competitor analysis for northern music centre ltd by selecting its closest rivals, whether from the EDUCATION sector, other micro companies, companies in DL5 area or any other competitors across 12 key performance metrics.
northern music centre ltd Ownership
NORTHERN MUSIC CENTRE LTD group structure
Northern Music Centre Ltd has no subsidiary companies.
Ultimate parent company
NORTHERN MUSIC CENTRE LTD
06923037
NORTHERN MUSIC CENTRE LTD Shareholders
The largest shareholders in Northern Music Centre Ltd include Kevin R. Miller and Karron Joanne Miller.
kevin r. miller
98.98%
karron joanne miller
1.02%
northern music centre ltd directors
Northern Music Centre Ltd currently has 1 director, Mr Kevin Miller serving since Jun 2009.
28 aspen grove, school aycliffe, newton aycliffe, county durham, DL5 6GR
Bank
-
Legal Advisor
-
northern music centre 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 northern music centre ltd.
northern music centre 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 NORTHERN MUSIC CENTRE LTD. This can take several minutes, an email will notify you when this has completed.
northern music centre ltdCompanies House Filings - See Documents
