albam records limited

Dissolved 

albam records limited Company Information

Share ALBAM RECORDS LIMITED

Company Number

07671400

Shareholders

albam songs limited

Group Structure

View All

Industry

Sound recording and music publishing activities

 

Registered Address

12 post office street, witton le wear, co durham, DL14 0AW

Website

-

albam records limited Estimated Valuation

£8.5k

Pomanda estimates the enterprise value of ALBAM RECORDS LIMITED at £8.5k based on a Turnover of £25.3k and 0.34x industry multiple (adjusted for size and gross margin).

albam records limited Estimated Valuation

£3.3k

Pomanda estimates the enterprise value of ALBAM RECORDS LIMITED at £3.3k based on an EBITDA of £1.8k and a 1.8x industry multiple (adjusted for size and gross margin).

albam records limited Estimated Valuation

£26

Pomanda estimates the enterprise value of ALBAM RECORDS LIMITED at £26 based on Net Assets of £15 and 1.78x industry multiple (adjusted for liquidity).

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Albam Records Limited Overview

Albam Records Limited is a dissolved company that was located in co durham, DL14 0AW with a Companies House number of 07671400. It operated in the sound recording and music publishing activities sector, SIC Code 59200. Founded in June 2011, it's largest shareholder was albam songs limited with a 100% stake. The last turnover for Albam Records Limited was estimated at £25.3k.

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Albam Records Limited Health Check

Pomanda's financial health check has awarded Albam Records Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £25.3k, make it smaller than the average company (£500.3k)

£25.3k - Albam Records Limited

£500.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 232%, show it is growing at a faster rate (9.8%)

232% - Albam Records Limited

9.8% - Industry AVG

production

Production

with a gross margin of 16.1%, this company has a higher cost of product (42.5%)

16.1% - Albam Records Limited

42.5% - Industry AVG

profitability

Profitability

an operating margin of 7.2% make it as profitable than the average company (6.8%)

7.2% - Albam Records Limited

6.8% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (3)

1 - Albam Records Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £34.2k, the company has an equivalent pay structure (£34.2k)

£34.2k - Albam Records Limited

£34.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £25.3k, this is less efficient (£125k)

£25.3k - Albam Records Limited

£125k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 84 days, this is later than average (33 days)

84 days - Albam Records Limited

33 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Albam Records Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Albam Records Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Albam Records Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 99.8%, this is a higher level of debt than the average (78.5%)

99.8% - Albam Records Limited

78.5% - Industry AVG

ALBAM RECORDS LIMITED financials

EXPORTms excel logo

Albam Records Limited's latest turnover from June 2023 is estimated at £25.3 thousand and the company has net assets of £15. According to their latest financial statements, we estimate that Albam Records Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012
Turnover25,34611,5912406953,5104,0234,4656,6779,4936,6103,9110
Other Income Or Grants000000000000
Cost Of Sales21,2759,3671925532,7613,1653,6765,1587,1315,1883,0510
Gross Profit4,0712,224471427498597881,5192,3621,4238600
Admin Expenses2,2322,678-756182,858-1,4741,7493624,0759401,1480
Operating Profit1,839-454803124-2,1092,333-9611,157-1,713483-2880
Interest Payable000000000000
Interest Receivable0122335261646523590
Pre-Tax Profit1,839-442805127-2,0742,359-9451,203-1,661518-2790
Tax-4600-153-240-4480-2400-10900
Profit After Tax1,379-442652103-2,0741,911-945962-1,661409-2790
Dividends Paid000000000000
Retained Profit1,379-442652103-2,0741,911-945962-1,661409-2790
Employee Costs34,24742,13944,97245,54546,92848,62441,56245,64947,88647,78550,9920
Number Of Employees111111111110
EBITDA*1,839-454803124-1,8592,583-7111,157-1,713483-2880

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012
Tangible Assets0000025050000000
Intangible Assets000000000000
Investments & Other000000000000
Debtors (Due After 1 year)000000000000
Total Fixed Assets0000025050000000
Stock & work in progress000000000000
Trade Debtors5,8454,412000000073600
Group Debtors000000000000
Misc Debtors0004436000000
Cash001,8451,7623,8115,4784,9577,67710,53710,4003,4310
misc current assets5900000048260000
total current assets6,4354,4121,8451,7663,8155,5144,9618,50310,53711,1363,4310
total assets6,4354,4121,8451,7663,8155,7645,4618,50310,53711,1363,4310
Bank overdraft000000000000
Bank loan000000000000
Trade Creditors 05,2012186863,8834,4816,2098,39111,96810,9063,6100
Group/Directors Accounts001,8741,35488404400000
other short term finances000000000000
hp & lease commitments000000000000
other current liabilities005751,2006257866225810000
total current liabilities05,2012,6673,2405,3925,2676,8758,97211,96810,9063,6100
loans000000000000
hp & lease commitments000000000000
Accruals and Deferred Income6,4205750000000000
other liabilities000000000000
provisions000000000000
total long term liabilities6,4205750000000000
total liabilities6,4205,7762,6673,2405,3925,2676,8758,97211,96810,9063,6100
net assets15-1,364-822-1,474-1,577497-1,414-469-1,431230-1790
total shareholders funds15-1,364-822-1,474-1,577497-1,414-469-1,431230-1790
Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012
Operating Activities
Operating Profit1,839-454803124-2,1092,333-9611,157-1,713483-2880
Depreciation000025025025000000
Amortisation000000000000
Tax-4600-153-240-4480-2400-10900
Stock000000000000
Debtors1,4334,412-40-323600-73673600
Creditors-5,2014,983-468-3,197-598-1,728-2,182-3,5771,0627,2963,6100
Accruals and Deferred Income5,8450-625575-161164415810000
Deferred Taxes & Provisions000000000000
Cash flow from operations590117-439-2,522-2,586535-2,852-2,079856,9343,3220
Investing Activities
capital expenditure000000-75000000
Change in Investments000000000000
cash flow from investments000000-75000000
Financing Activities
Bank loans000000000000
Group/Directors Accounts0-1,874520470884-444400000
Other Short Term Loans 000000000000
Long term loans000000000000
Hire Purchase and Lease Commitments000000000000
other long term liabilities000000000000
share issue0-100000000001000
interest0122335261646523590
cash flow from financing0-1,962522473919-18604652351090
cash and cash equivalents
cash0-1,84583-2,049-1,667521-2,720-2,8601376,9693,4310
overdraft000000000000
change in cash0-1,84583-2,049-1,667521-2,720-2,8601376,9693,4310

albam records 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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Albam Records Limited Competitor Analysis

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Perform a competitor analysis for albam records limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in DL14 area or any other competitors across 12 key performance metrics.

albam records limited Ownership

ALBAM RECORDS LIMITED group structure

Albam Records Limited has no subsidiary companies.

Ultimate parent company

1 parent

ALBAM RECORDS LIMITED

07671400

ALBAM RECORDS LIMITED Shareholders

albam songs limited 100%

albam records limited directors

Albam Records Limited currently has 1 director, Mr Alan Bambrough serving since Jun 2011.

officercountryagestartendrole
Mr Alan BambroughEngland60 years Jun 2011- Director

P&L

June 2023

turnover

25.3k

+119%

operating profit

1.8k

0%

gross margin

16.1%

-16.27%

turnover

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

Balance Sheet

June 2023

net assets

15

-1.01%

total assets

6.4k

+0.46%

cash

0

0%

net assets

Total assets minus all liabilities

albam records limited company details

company number

07671400

Type

Private limited with Share Capital

industry

59200 - Sound recording and music publishing activities

incorporation date

June 2011

age

14

incorporated

UK

ultimate parent company

accounts

Dormant

last accounts submitted

June 2023

previous names

N/A

accountant

M.A D. ACCOUNTANTS LTD

auditor

-

address

12 post office street, witton le wear, co durham, DL14 0AW

Bank

-

Legal Advisor

-

albam records 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 albam records limited.

albam records 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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albam records limited Companies House Filings - See Documents

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