concord rm assets 1 limited
concord rm assets 1 limited Company Information
Company Number
07613691
Next Accounts
Sep 2025
Industry
Sound recording and music publishing activities
Shareholders
concord recorded music holdings ltd
Group Structure
View All
Contact
Registered Address
aldwych house concord, 71-91 aldwych, london, WC2B 4HN
Website
-concord rm assets 1 limited Estimated Valuation
Pomanda estimates the enterprise value of CONCORD RM ASSETS 1 LIMITED at £2.6m based on a Turnover of £5.6m and 0.47x industry multiple (adjusted for size and gross margin).
concord rm assets 1 limited Estimated Valuation
Pomanda estimates the enterprise value of CONCORD RM ASSETS 1 LIMITED at £13.9m based on an EBITDA of £5.5m and a 2.52x industry multiple (adjusted for size and gross margin).
concord rm assets 1 limited Estimated Valuation
Pomanda estimates the enterprise value of CONCORD RM ASSETS 1 LIMITED at £8.6m based on Net Assets of £4.7m and 1.85x industry multiple (adjusted for liquidity).
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Concord Rm Assets 1 Limited Overview
Concord Rm Assets 1 Limited is a live company located in london, WC2B 4HN with a Companies House number of 07613691. It operates in the sound recording and music publishing activities sector, SIC Code 59200. Founded in April 2011, it's largest shareholder is concord recorded music holdings ltd with a 100% stake. Concord Rm Assets 1 Limited is a established, mid sized company, Pomanda has estimated its turnover at £5.6m with rapid growth in recent years.
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Concord Rm Assets 1 Limited Health Check
Pomanda's financial health check has awarded Concord Rm Assets 1 Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
2 Weak
Size
annual sales of £5.6m, make it larger than the average company (£583.1k)
- Concord Rm Assets 1 Limited
£583.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 317%, show it is growing at a faster rate (11%)
- Concord Rm Assets 1 Limited
11% - Industry AVG
Production
with a gross margin of 18.7%, this company has a higher cost of product (41.7%)
- Concord Rm Assets 1 Limited
41.7% - Industry AVG
Profitability
an operating margin of 98.2% make it more profitable than the average company (6.8%)
- Concord Rm Assets 1 Limited
6.8% - Industry AVG
Employees
with 13 employees, this is above the industry average (3)
- Concord Rm Assets 1 Limited
3 - Industry AVG
Pay Structure
on an average salary of £48.7k, the company has an equivalent pay structure (£48.7k)
- Concord Rm Assets 1 Limited
£48.7k - Industry AVG
Efficiency
resulting in sales per employee of £433.6k, this is more efficient (£142.8k)
- Concord Rm Assets 1 Limited
£142.8k - Industry AVG
Debtor Days
it gets paid by customers after 89 days, this is later than average (30 days)
- Concord Rm Assets 1 Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 216 days, this is slower than average (35 days)
- Concord Rm Assets 1 Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Concord Rm Assets 1 Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Concord Rm Assets 1 Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 36.9%, this is a lower level of debt than the average (77.9%)
36.9% - Concord Rm Assets 1 Limited
77.9% - Industry AVG
CONCORD RM ASSETS 1 LIMITED financials
Concord Rm Assets 1 Limited's latest turnover from December 2023 is estimated at £5.6 million and the company has net assets of £4.7 million. According to their latest financial statements, we estimate that Concord Rm Assets 1 Limited has 13 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Apr 2013 | Apr 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 198,711 | ||||||||||||
| Other Income Or Grants | 0 | ||||||||||||
| Cost Of Sales | 181,720 | ||||||||||||
| Gross Profit | 16,991 | ||||||||||||
| Admin Expenses | |||||||||||||
| Operating Profit | |||||||||||||
| Interest Payable | 0 | ||||||||||||
| Interest Receivable | 0 | ||||||||||||
| Pre-Tax Profit | -40,081 | ||||||||||||
| Tax | 0 | ||||||||||||
| Profit After Tax | -40,081 | ||||||||||||
| Dividends Paid | 0 | ||||||||||||
| Retained Profit | -40,081 | ||||||||||||
| Employee Costs | |||||||||||||
| Number Of Employees | 2 | 2 | 2 | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Apr 2013 | Apr 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 6,003,988 | 2,261,935 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 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 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 6,003,988 | 2,261,935 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,378,230 | 723,577 | 912 | 22,933 | 17,582 | 10,881 | 37,736 | 0 | 39,145 | 92,439 | 51,426 | 92,574 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 139,775 | 263,642 | 445,029 | 476,860 | 4,804 | 6,913 | 0 | 0 | 0 | 0 | 16,850 |
| Cash | 0 | 0 | 575,146 | 42,078 | 234,400 | 287,411 | 15,538 | 5,864 | 15,756 | 939 | 328,978 | 78,283 | 211,776 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,378,230 | 723,577 | 715,833 | 328,653 | 697,011 | 775,152 | 58,078 | 12,777 | 54,901 | 93,378 | 380,404 | 170,857 | 228,626 |
| total assets | 7,382,218 | 2,985,512 | 715,833 | 328,653 | 697,011 | 775,152 | 58,078 | 12,777 | 54,901 | 93,378 | 380,404 | 170,857 | 228,626 |
| Bank overdraft | 0 | 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 | 0 |
| Trade Creditors | 2,720,208 | 2,473,684 | 0 | 29,884 | 42,860 | 21,625 | 7,047 | 22,048 | 8,708 | 560,734 | 567,461 | 220,247 | 13,879 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 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 | 0 |
| other current liabilities | 0 | 0 | 426,630 | 349,729 | 727,260 | 844,686 | 700,424 | 720,761 | 750,583 | 0 | 0 | 0 | 254,728 |
| total current liabilities | 2,720,208 | 2,473,684 | 426,630 | 379,613 | 770,120 | 866,311 | 707,471 | 742,809 | 759,291 | 560,734 | 567,461 | 220,247 | 268,607 |
| loans | 0 | 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 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 2,720,208 | 2,473,684 | 426,630 | 379,613 | 770,120 | 866,311 | 707,471 | 742,809 | 759,291 | 560,734 | 567,461 | 220,247 | 268,607 |
| net assets | 4,662,010 | 511,828 | 289,203 | -50,960 | -73,109 | -91,159 | -649,393 | -730,032 | -704,390 | -467,356 | -187,057 | -49,390 | -39,981 |
| total shareholders funds | 4,662,010 | 511,828 | 289,203 | -50,960 | -73,109 | -91,159 | -649,393 | -730,032 | -704,390 | -467,356 | -187,057 | -49,390 | -39,981 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Apr 2013 | Apr 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | 0 | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 654,653 | 582,890 | -145,888 | -176,036 | -25,130 | 445,201 | 35,627 | -32,232 | -53,294 | 41,013 | 34,576 | 75,724 | 16,850 |
| Creditors | 246,524 | 2,473,684 | -29,884 | -12,976 | 21,235 | 14,578 | -15,001 | 13,340 | -552,026 | -6,727 | 553,582 | 206,368 | 13,879 |
| Accruals and Deferred Income | 0 | -426,630 | 76,901 | -377,531 | -117,426 | 144,262 | -20,337 | -29,822 | 750,583 | 0 | -254,728 | -254,728 | 254,728 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 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 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 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 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | 0 | ||||||||||||
| cash flow from financing | 100 | ||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | 0 | -575,146 | 533,068 | -192,322 | -53,011 | 271,873 | 9,674 | -9,892 | 14,817 | -328,039 | 117,202 | -133,493 | 211,776 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | -575,146 | 533,068 | -192,322 | -53,011 | 271,873 | 9,674 | -9,892 | 14,817 | -328,039 | 117,202 | -133,493 | 211,776 |
concord rm assets 1 limited Credit Report and Business Information
Concord Rm Assets 1 Limited Competitor Analysis
Perform a competitor analysis for concord rm assets 1 limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in WC2B area or any other competitors across 12 key performance metrics.
concord rm assets 1 limited Ownership
CONCORD RM ASSETS 1 LIMITED group structure
Concord Rm Assets 1 Limited has no subsidiary companies.
Ultimate parent company
CONCORD BICYCLE ASSETS LLC
#0121122
2 parents
CONCORD RM ASSETS 1 LIMITED
07613691
concord rm assets 1 limited directors
Concord Rm Assets 1 Limited currently has 3 directors. The longest serving directors include Mr Kent Hoskins (Oct 2021) and Ms Amanda Molter (May 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kent Hoskins | United States | 49 years | Oct 2021 | - | Director |
| Ms Amanda Molter | United States | 43 years | May 2024 | - | Director |
| Mr Justin Prakash | United Kingdom | 46 years | May 2024 | - | Director |
P&L
December 2023turnover
5.6m
+81%
operating profit
5.5m
0%
gross margin
18.7%
-2.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
4.7m
+8.11%
total assets
7.4m
+1.47%
cash
0
0%
net assets
Total assets minus all liabilities
concord rm assets 1 limited company details
company number
07613691
Type
Private limited with Share Capital
industry
59200 - Sound recording and music publishing activities
incorporation date
April 2011
age
13
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
b unique records (uk) limited (October 2021)
accountant
-
auditor
-
address
aldwych house concord, 71-91 aldwych, london, WC2B 4HN
Bank
-
Legal Advisor
-
concord rm assets 1 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 found 3 charges/mortgages relating to concord rm assets 1 limited. Currently there are 3 open charges and 0 have been satisfied in the past.
concord rm assets 1 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.
Click to start generating capital raising & share issue transactions for CONCORD RM ASSETS 1 LIMITED. This can take several minutes, an email will notify you when this has completed.
concord rm assets 1 limited Companies House Filings - See Documents
| date | description | view/download |
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