snatch! music limited

snatch! music limited Company Information

Share SNATCH! MUSIC LIMITED
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EstablishedMicroHealthy

Company Number

07029542

Industry

Artistic creation

 

Directors

Stefano Miele

Shareholders

beats inc. ltd

Group Structure

View All

Contact

Registered Address

35 ballards lane, london, N3 1XW

snatch! music limited Estimated Valuation

£96.6k

Pomanda estimates the enterprise value of SNATCH! MUSIC LIMITED at £96.6k based on a Turnover of £199.8k and 0.48x industry multiple (adjusted for size and gross margin).

snatch! music limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SNATCH! MUSIC LIMITED at £0 based on an EBITDA of £-20.9k and a 6.59x industry multiple (adjusted for size and gross margin).

snatch! music limited Estimated Valuation

£541k

Pomanda estimates the enterprise value of SNATCH! MUSIC LIMITED at £541k based on Net Assets of £438.8k and 1.23x industry multiple (adjusted for liquidity).

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Snatch! Music Limited Overview

Snatch! Music Limited is a live company located in london, N3 1XW with a Companies House number of 07029542. It operates in the artistic creation sector, SIC Code 90030. Founded in September 2009, it's largest shareholder is beats inc. ltd with a 100% stake. Snatch! Music Limited is a established, micro sized company, Pomanda has estimated its turnover at £199.8k with healthy growth in recent years.

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Snatch! Music Limited Health Check

Pomanda's financial health check has awarded Snatch! Music Limited a 4 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 Rating4out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £199.8k, make it in line with the average company (£228.6k)

£199.8k - Snatch! Music Limited

£228.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (14.1%)

4% - Snatch! Music Limited

14.1% - Industry AVG

production

Production

with a gross margin of 48.3%, this company has a comparable cost of product (48.3%)

48.3% - Snatch! Music Limited

48.3% - Industry AVG

profitability

Profitability

an operating margin of -13.1% make it less profitable than the average company (3.2%)

-13.1% - Snatch! Music Limited

3.2% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Snatch! Music Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £26.7k, the company has an equivalent pay structure (£26.7k)

£26.7k - Snatch! Music Limited

£26.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £199.8k, this is more efficient (£74.5k)

£199.8k - Snatch! Music Limited

£74.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 27 days, this is later than average (16 days)

27 days - Snatch! Music Limited

16 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Snatch! Music Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Snatch! Music Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 315 weeks, this is more cash available to meet short term requirements (96 weeks)

315 weeks - Snatch! Music Limited

96 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 13.4%, this is a lower level of debt than the average (34.5%)

13.4% - Snatch! Music Limited

34.5% - Industry AVG

SNATCH! MUSIC LIMITED financials

EXPORTms excel logo

Snatch! Music Limited's latest turnover from April 2024 is estimated at £199.8 thousand and the company has net assets of £438.8 thousand. According to their latest financial statements, Snatch! Music Limited has 1 employee and maintains cash reserves of £300.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010
Turnover199,842445,419219,456176,966273,587593,046572,390468,718181,120335,990247,565204,50141,522340,664604,973
Other Income Or Grants000000000000000
Cost Of Sales103,235229,86294,82282,987117,480243,750255,162189,16377,494150,030107,13881,26017,708153,420265,255
Gross Profit96,607215,557124,63493,979156,108349,295317,228279,555103,626185,960140,427123,24023,814187,244339,718
Admin Expenses122,873229,88598,231143,251139,332291,364250,25786,62334,224131,624209,594162,425-50,10462,938250,017
Operating Profit-26,266-14,32826,403-49,27216,77657,93166,971192,93269,40254,336-69,167-39,18573,918124,30689,701
Interest Payable3,6714,2963,1891,46400000000000
Interest Receivable16,20814,4532,5863954382,9911,9989938151,4221,6461,4441,010827358
Pre-Tax Profit-13,729-4,17125,800-50,34117,21460,92268,969193,92570,21655,759-67,521-37,74174,928125,13290,058
Tax00-4,9020-3,271-11,575-13,104-36,846-14,043-11,15200-17,983-32,534-25,216
Profit After Tax-13,729-4,17120,898-50,34113,94349,34755,865157,07956,17344,607-67,521-37,74156,94592,59864,842
Dividends Paid000000000000000
Retained Profit-13,729-4,17120,898-50,34113,94349,34755,865157,07956,17344,607-67,521-37,74156,94592,59864,842
Employee Costs26,74026,06825,80825,89425,09424,30825,48725,04227,207109,338111,90784,31027,925131,689206,055
Number Of Employees111111111443158
EBITDA*-20,891-10,77130,255-44,74621,84463,56569,921199,36575,07558,933-64,750-33,39279,909128,09090,132

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010
Tangible Assets18,37618,85811,55813,57615,20516,90217,27719,30217,01813,79013,25017,38017,97311,3511,292
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets18,37618,85811,55813,57615,20516,90217,27719,30217,01813,79013,25017,38017,97311,3511,292
Stock & work in progress000000000000000
Trade Debtors14,82240,59224,32513,19330,92973,09174,42951,7017,14716,6263,8633,3041,58826,94348,588
Group Debtors173,232165,100161,567161,5675,56716,22421,43300000000
Misc Debtors00014,35917,97719,58519,58500000000
Cash300,107317,329362,798326,785462,959412,978384,600414,602379,395272,278296,679361,563216,179187,693143,057
misc current assets000000013,0204,134000000
total current assets488,161523,021548,690515,904517,432521,878500,047479,323390,676288,904300,542364,867217,767214,636191,645
total assets506,537541,879560,248529,480532,637538,780517,324498,625407,694302,694313,792382,247235,740225,987192,937
Bank overdraft000000000000000
Bank loan9,6329,3979,165000000000000
Trade Creditors 00506,6004,9474,3963,825131,633197,781148,954204,659205,59321,34568,537128,085
Group/Directors Accounts31,06748,1210000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities8,7333,89757,00339,07241,54162,17890,64000000000
total current liabilities49,43261,41566,21845,67246,48866,57494,465131,633197,781148,954204,659205,59321,34568,537128,085
loans18,29927,92937,32448,00000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities18,29927,92937,32448,00000000000000
total liabilities67,73189,344103,54293,67246,48866,57494,465131,633197,781148,954204,659205,59321,34568,537128,085
net assets438,806452,535456,706435,808486,149472,206422,859366,992209,913153,740109,133176,654214,395157,45064,852
total shareholders funds438,806452,535456,706435,808486,149472,206422,859366,992209,913153,740109,133176,654214,395157,45064,852
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010
Operating Activities
Operating Profit-26,266-14,32826,403-49,27216,77657,93166,971192,93269,40254,336-69,167-39,18573,918124,30689,701
Depreciation5,3753,5573,8524,5265,0685,6342,9506,4335,6734,5974,4175,7935,9913,784431
Amortisation000000000000000
Tax00-4,9020-3,271-11,575-13,104-36,846-14,043-11,15200-17,983-32,534-25,216
Stock000000000000000
Debtors-17,63819,800-3,227134,646-54,427-6,54763,74644,554-9,47912,7635591,716-25,355-21,64548,588
Creditors0-50-6,5501,653551571-127,808-66,14848,827-55,705-934184,248-47,192-59,548128,085
Accruals and Deferred Income4,836-53,10617,931-2,469-20,637-28,46290,64000000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations1,583-83,72739,961-180,20852,91430,646-44,09751,817119,338-20,687-66,243149,14040,08957,653144,413
Investing Activities
capital expenditure-4,893-10,857-1,834-2,897-3,371-5,259-925-8,717-8,901-5,137-287-5,200-12,613-13,843-1,723
Change in Investments000000000000000
cash flow from investments-4,893-10,857-1,834-2,897-3,371-5,259-925-8,717-8,901-5,137-287-5,200-12,613-13,843-1,723
Financing Activities
Bank loans2352329,165000000000000
Group/Directors Accounts-17,05448,1210000000000000
Other Short Term Loans 000000000000000
Long term loans-9,630-9,395-10,67648,00000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue0000002000000010
interest12,53710,157-603-1,0694382,9911,9989938151,4221,6461,4441,010827358
cash flow from financing-13,91249,115-2,11446,9314382,9912,0009938151,4221,6461,4441,010827368
cash and cash equivalents
cash-17,222-45,46936,013-136,17449,98128,378-30,00235,207107,117-24,401-64,884145,38428,48644,636143,057
overdraft000000000000000
change in cash-17,222-45,46936,013-136,17449,98128,378-30,00235,207107,117-24,401-64,884145,38428,48644,636143,057

snatch! 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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Snatch! Music Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for snatch! music limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in N 3 area or any other competitors across 12 key performance metrics.

snatch! music limited Ownership

SNATCH! MUSIC LIMITED group structure

Snatch! Music Limited has no subsidiary companies.

Ultimate parent company

SNATCH! MUSIC LIMITED

07029542

SNATCH! MUSIC LIMITED Shareholders

beats inc. ltd 100%

snatch! music limited directors

Snatch! Music Limited currently has 1 director, Mr Stefano Miele serving since Sep 2009.

officercountryagestartendrole
Mr Stefano MieleUnited Kingdom50 years Sep 2009- Director

P&L

April 2024

turnover

199.8k

-55%

operating profit

-26.3k

0%

gross margin

48.4%

-0.11%

turnover

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

Balance Sheet

April 2024

net assets

438.8k

-0.03%

total assets

506.5k

-0.07%

cash

300.1k

-0.05%

net assets

Total assets minus all liabilities

snatch! music limited company details

company number

07029542

Type

Private limited with Share Capital

industry

90030 - Artistic creation

incorporation date

September 2009

age

15

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

April 2024

previous names

N/A

accountant

-

auditor

-

address

35 ballards lane, london, N3 1XW

Bank

-

Legal Advisor

-

snatch! 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 snatch! music limited.

snatch! 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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snatch! music limited Companies House Filings - See Documents

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