seattle sound ltd
seattle sound ltd Company Information
Company Number
08012264
Website
-Registered Address
1b enterprise house tudor grove, london, E9 7QL
Industry
Development of building projects
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
gary michael battle 50%
lloyd james searson 50%
seattle sound ltd Estimated Valuation
Pomanda estimates the enterprise value of SEATTLE SOUND LTD at £59.1k based on a Turnover of £163.9k and 0.36x industry multiple (adjusted for size and gross margin).
seattle sound ltd Estimated Valuation
Pomanda estimates the enterprise value of SEATTLE SOUND LTD at £0 based on an EBITDA of £-3.5k and a 2.74x industry multiple (adjusted for size and gross margin).
seattle sound ltd Estimated Valuation
Pomanda estimates the enterprise value of SEATTLE SOUND LTD at £0 based on Net Assets of £-5.8k and 1.55x industry multiple (adjusted for liquidity).
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Seattle Sound Ltd Overview
Seattle Sound Ltd is a live company located in london, E9 7QL with a Companies House number of 08012264. It operates in the development of building projects sector, SIC Code 41100. Founded in March 2012, it's largest shareholder is gary michael battle with a 50% stake. Seattle Sound Ltd is a established, micro sized company, Pomanda has estimated its turnover at £163.9k with rapid growth in recent years.
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Seattle Sound Ltd Health Check
Pomanda's financial health check has awarded Seattle Sound Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £163.9k, make it smaller than the average company (£2.1m)
- Seattle Sound Ltd
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 101%, show it is growing at a faster rate (2.1%)
- Seattle Sound Ltd
2.1% - Industry AVG
Production
with a gross margin of 9.2%, this company has a higher cost of product (25.7%)
- Seattle Sound Ltd
25.7% - Industry AVG
Profitability
an operating margin of -2.1% make it less profitable than the average company (8.6%)
- Seattle Sound Ltd
8.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Seattle Sound Ltd
6 - Industry AVG
Pay Structure
on an average salary of £46.6k, the company has an equivalent pay structure (£46.6k)
- Seattle Sound Ltd
£46.6k - Industry AVG
Efficiency
resulting in sales per employee of £81.9k, this is less efficient (£275.8k)
- Seattle Sound Ltd
£275.8k - Industry AVG
Debtor Days
it gets paid by customers after 95 days, this is later than average (29 days)
- Seattle Sound Ltd
29 days - Industry AVG
Creditor Days
its suppliers are paid after 59 days, this is slower than average (31 days)
- Seattle Sound Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Seattle Sound Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Seattle Sound Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 113.3%, this is a higher level of debt than the average (74.9%)
113.3% - Seattle Sound Ltd
74.9% - Industry AVG
SEATTLE SOUND LTD financials
Seattle Sound Ltd's latest turnover from March 2023 is estimated at £163.9 thousand and the company has net assets of -£5.8 thousand. According to their latest financial statements, Seattle Sound Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | |||||||||||
| Gross Profit | |||||||||||
| Admin Expenses | |||||||||||
| Operating Profit | |||||||||||
| Interest Payable | |||||||||||
| Interest Receivable | |||||||||||
| Pre-Tax Profit | |||||||||||
| Tax | |||||||||||
| Profit After Tax | |||||||||||
| Dividends Paid | |||||||||||
| Retained Profit | |||||||||||
| Employee Costs | |||||||||||
| Number Of Employees | 2 | 2 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 913 | 1,217 | 1,623 | 2,079 | 2,535 | 3,091 | 3,769 | 4,596 | 5,604 | 7,004 | 8,755 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 913 | 1,217 | 1,623 | 2,079 | 2,535 | 3,091 | 3,769 | 4,596 | 5,604 | 7,004 | 8,755 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 42,710 | 48,809 | 53,565 | 5,216 | 4,897 | 1,444 | 0 | 1,360 | 649 | 3,410 | 1,113 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 865 | 2,693 | 501 | 2,687 | 0 | 4,150 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 42,710 | 48,809 | 53,565 | 5,216 | 4,897 | 2,309 | 2,693 | 1,861 | 3,336 | 3,410 | 5,263 |
| total assets | 43,623 | 50,026 | 55,188 | 7,295 | 7,432 | 5,400 | 6,462 | 6,457 | 8,940 | 10,414 | 14,018 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 24,403 | 17,306 | 52,475 | 3,380 | 4,679 | 2,999 | 5,004 | 5,753 | 8,209 | 10,582 | 16,689 |
| Group/Directors Accounts | 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 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 24,403 | 17,306 | 52,475 | 3,380 | 4,679 | 2,999 | 5,004 | 5,753 | 8,209 | 10,582 | 16,689 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 25,010 | 35,004 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 25,010 | 35,004 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 49,413 | 52,310 | 52,475 | 3,380 | 4,679 | 2,999 | 5,004 | 5,753 | 8,209 | 10,582 | 16,689 |
| net assets | -5,790 | -2,284 | 2,713 | 3,915 | 2,753 | 2,401 | 1,458 | 704 | 731 | -168 | -2,671 |
| total shareholders funds | -5,790 | -2,284 | 2,713 | 3,915 | 2,753 | 2,401 | 1,458 | 704 | 731 | -168 | -2,671 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 0 | 0 | 556 | 678 | 827 | 1,008 | 1,400 | 1,751 | 1,650 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -6,099 | -4,756 | 48,349 | 319 | 3,453 | 1,444 | -1,360 | 711 | -2,761 | 2,297 | 1,113 |
| Creditors | 7,097 | -35,169 | 49,095 | -1,299 | 1,680 | -2,005 | -749 | -2,456 | -2,373 | -6,107 | 16,689 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 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 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -9,994 | 35,004 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | 0 | 0 | 0 | 0 | -865 | -1,828 | 2,192 | -2,186 | 2,687 | -4,150 | 4,150 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | -865 | -1,828 | 2,192 | -2,186 | 2,687 | -4,150 | 4,150 |
seattle sound ltd Credit Report and Business Information
Seattle Sound Ltd Competitor Analysis
Perform a competitor analysis for seattle sound ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in E 9 area or any other competitors across 12 key performance metrics.
seattle sound ltd Ownership
SEATTLE SOUND LTD group structure
Seattle Sound Ltd has no subsidiary companies.
Ultimate parent company
SEATTLE SOUND LTD
08012264
seattle sound ltd directors
Seattle Sound Ltd currently has 3 directors. The longest serving directors include Mr Lloyd Searson (Mar 2012) and Mr Gary Battle (Mar 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Lloyd Searson | England | 42 years | Mar 2012 | - | Director |
| Mr Gary Battle | United Kingdom | 41 years | Mar 2012 | - | Director |
| Mr Lloyd Searson | England | 42 years | Mar 2012 | - | Director |
P&L
March 2023turnover
163.9k
-1%
operating profit
-3.5k
0%
gross margin
9.2%
+5.84%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-5.8k
+1.54%
total assets
43.6k
-0.13%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
seattle sound ltd company details
company number
08012264
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
March 2012
age
12
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
1b enterprise house tudor grove, london, E9 7QL
Bank
-
Legal Advisor
-
seattle sound 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 seattle sound ltd.
seattle sound ltd Companies House Filings - See Documents
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