diplomats of sound cic
diplomats of sound cic Company Information
Company Number
07522067
Website
diplomatsofsound.orgRegistered Address
35 ballards lane, london, N3 1XW
Industry
Support activities to performing arts
Telephone
01173290786
Next Accounts Due
March 2025
Group Structure
View All
Directors
Simon Blatchly13 Years
Shareholders
-0%
diplomats of sound cic Estimated Valuation
Pomanda estimates the enterprise value of DIPLOMATS OF SOUND CIC at £94.3k based on a Turnover of £315.7k and 0.3x industry multiple (adjusted for size and gross margin).
diplomats of sound cic Estimated Valuation
Pomanda estimates the enterprise value of DIPLOMATS OF SOUND CIC at £29.8k based on an EBITDA of £10.2k and a 2.93x industry multiple (adjusted for size and gross margin).
diplomats of sound cic Estimated Valuation
Pomanda estimates the enterprise value of DIPLOMATS OF SOUND CIC at £16.6k based on Net Assets of £25.3k and 0.66x industry multiple (adjusted for liquidity).
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Diplomats Of Sound Cic Overview
Diplomats Of Sound Cic is a live company located in london, N3 1XW with a Companies House number of 07522067. It operates in the support activities to performing arts sector, SIC Code 90020. Founded in February 2011, it's largest shareholder is unknown. Diplomats Of Sound Cic is a established, micro sized company, Pomanda has estimated its turnover at £315.7k with rapid growth in recent years.
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Diplomats Of Sound Cic Health Check
Pomanda's financial health check has awarded Diplomats Of Sound Cic a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £315.7k, make it in line with the average company (£267.8k)
- Diplomats Of Sound Cic
£267.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 95%, show it is growing at a faster rate (4.9%)
- Diplomats Of Sound Cic
4.9% - Industry AVG
Production
with a gross margin of 12.5%, this company has a higher cost of product (37%)
- Diplomats Of Sound Cic
37% - Industry AVG
Profitability
an operating margin of 3.2% make it less profitable than the average company (6.5%)
- Diplomats Of Sound Cic
6.5% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
- Diplomats Of Sound Cic
4 - Industry AVG
Pay Structure
on an average salary of £28.7k, the company has an equivalent pay structure (£28.7k)
- Diplomats Of Sound Cic
£28.7k - Industry AVG
Efficiency
resulting in sales per employee of £105.2k, this is more efficient (£73.2k)
- Diplomats Of Sound Cic
£73.2k - Industry AVG
Debtor Days
it gets paid by customers after 60 days, this is later than average (14 days)
- Diplomats Of Sound Cic
14 days - Industry AVG
Creditor Days
its suppliers are paid after 28 days, this is close to average (30 days)
- Diplomats Of Sound Cic
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Diplomats Of Sound Cic
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Diplomats Of Sound Cic
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 52.2%, this is a higher level of debt than the average (30.8%)
52.2% - Diplomats Of Sound Cic
30.8% - Industry AVG
DIPLOMATS OF SOUND CIC financials
Diplomats Of Sound Cic's latest turnover from June 2023 is estimated at £315.7 thousand and the company has net assets of £25.3 thousand. According to their latest financial statements, we estimate that Diplomats Of Sound Cic has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 42,654 | 36,904 | 33,629 | |||||||||
| Other Income Or Grants | 0 | 0 | 0 | |||||||||
| Cost Of Sales | 25,848 | 22,081 | 20,263 | |||||||||
| Gross Profit | 16,806 | 14,823 | 13,366 | |||||||||
| Admin Expenses | 6,705 | 11,590 | 3,586 | |||||||||
| Operating Profit | 10,101 | 3,233 | 9,780 | |||||||||
| Interest Payable | 0 | 0 | 0 | |||||||||
| Interest Receivable | 0 | 0 | 0 | |||||||||
| Pre-Tax Profit | 10,101 | 3,233 | 9,780 | |||||||||
| Tax | -1,600 | 0 | 1,124 | |||||||||
| Profit After Tax | 8,501 | 3,233 | 10,904 | |||||||||
| Dividends Paid | 0 | 0 | 0 | |||||||||
| Retained Profit | 8,501 | 3,233 | 10,904 | |||||||||
| Employee Costs | ||||||||||||
| Number Of Employees | 3 | 3 | 3 | |||||||||
| EBITDA* | 10,366 | 3,588 | 10,252 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 336 | 448 | 596 | 795 | 1,060 | 1,415 | 1,887 | 2,517 | 3,357 | 3,709 | 4,262 | 3,955 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 336 | 448 | 596 | 795 | 1,060 | 1,415 | 1,887 | 2,517 | 3,357 | 3,709 | 4,262 | 3,955 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 52,447 | 47,809 | 32,248 | 21,447 | 0 | 7,689 | 7,689 | 12,444 | 36,366 | 28,029 | 8,613 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 23,567 | 8,451 | 8,451 | 8,451 | 8,504 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 11,871 | 402 | 985 | 707 | 1,627 | 1,219 | 3,028 | 407 | 6,532 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 52,447 | 47,809 | 32,248 | 56,885 | 8,853 | 17,125 | 16,847 | 22,575 | 37,585 | 31,057 | 9,020 | 6,532 |
| total assets | 52,783 | 48,257 | 32,844 | 57,680 | 9,913 | 18,540 | 18,734 | 25,092 | 40,942 | 34,766 | 13,282 | 10,487 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 21,439 | 22,835 | 20,630 | 15,393 | 0 | 0 | 0 | 0 | 61,264 | 62,711 | 38,785 | 8,316 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 19,655 | 37,239 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 36,918 | 13,045 | 24,905 | 16,348 | 17,724 | 0 | 0 | 0 | 0 |
| total current liabilities | 21,439 | 22,835 | 20,630 | 52,311 | 13,045 | 24,905 | 36,003 | 54,963 | 61,264 | 62,711 | 38,785 | 8,316 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 6,090 | 7,800 | 7,800 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 6,090 | 7,800 | 7,800 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 27,529 | 30,635 | 28,430 | 52,311 | 13,045 | 24,905 | 36,003 | 54,963 | 61,264 | 62,711 | 38,785 | 8,316 |
| net assets | 25,254 | 17,622 | 4,414 | 5,369 | -3,132 | -6,365 | -17,269 | -29,871 | -20,322 | -27,945 | -25,503 | 2,171 |
| total shareholders funds | 25,254 | 17,622 | 4,414 | 5,369 | -3,132 | -6,365 | -17,269 | -29,871 | -20,322 | -27,945 | -25,503 | 2,171 |
| Jun 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 10,101 | 3,233 | 9,780 | |||||||||
| Depreciation | 265 | 355 | 472 | 630 | 840 | 1,119 | 1,237 | 1,289 | 1,190 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Tax | -1,600 | 0 | 1,124 | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 4,638 | 15,561 | -12,766 | 36,563 | -7,689 | 0 | -4,808 | -15,418 | 8,337 | 19,416 | 8,613 | 0 |
| Creditors | -1,396 | 2,205 | 5,237 | 15,393 | 0 | 0 | 0 | -61,264 | -1,447 | 23,926 | 30,469 | 8,316 |
| Accruals and Deferred Income | 0 | 0 | -36,918 | 23,873 | -11,860 | 8,557 | -1,376 | 17,724 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 11,469 | -583 | 19,933 | |||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | -19,655 | -17,584 | 37,239 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -1,710 | 0 | 7,800 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | 0 | 0 | 0 | |||||||||
| cash flow from financing | 0 | 0 | -19,655 | |||||||||
| cash and cash equivalents | ||||||||||||
| cash | 0 | 0 | -11,871 | 11,469 | -583 | 278 | -920 | 408 | -1,809 | 2,621 | -6,125 | 6,532 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -11,871 | 11,469 | -583 | 278 | -920 | 408 | -1,809 | 2,621 | -6,125 | 6,532 |
diplomats of sound cic Credit Report and Business Information
Diplomats Of Sound Cic Competitor Analysis
Perform a competitor analysis for diplomats of sound cic 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.
diplomats of sound cic Ownership
DIPLOMATS OF SOUND CIC group structure
Diplomats Of Sound Cic has no subsidiary companies.
Ultimate parent company
DIPLOMATS OF SOUND CIC
07522067
diplomats of sound cic directors
Diplomats Of Sound Cic currently has 1 director, Mr Simon Blatchly serving since Feb 2011.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Blatchly | United Kingdom | 51 years | Feb 2011 | - | Director |
P&L
June 2023turnover
315.7k
+42%
operating profit
10.2k
0%
gross margin
12.6%
+26.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
25.3k
+0.43%
total assets
52.8k
+0.09%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
diplomats of sound cic company details
company number
07522067
Type
Private Ltd By Guarantee w/o Share Cap
industry
90020 - Support activities to performing arts
incorporation date
February 2011
age
13
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2023
previous names
creative integrated communities cic (February 2017)
accountant
ALAN HEYWOOD & CO LLP
auditor
-
address
35 ballards lane, london, N3 1XW
Bank
-
Legal Advisor
-
diplomats of sound cic 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 diplomats of sound cic.
diplomats of sound cic Companies House Filings - See Documents
| date | description | view/download |
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