music arts ltd

music arts ltd Company Information

Share MUSIC ARTS LTD
Live 
EstablishedMicroDeclining

Company Number

08183740

Industry

Support activities to performing arts

 

Shareholders

pravinchandra majithia

Group Structure

View All

Contact

Registered Address

mpk house 318 melton road, leicester, LE4 7SL

music arts ltd Estimated Valuation

£13.4k

Pomanda estimates the enterprise value of MUSIC ARTS LTD at £13.4k based on a Turnover of £42.7k and 0.31x industry multiple (adjusted for size and gross margin).

music arts ltd Estimated Valuation

£13.5k

Pomanda estimates the enterprise value of MUSIC ARTS LTD at £13.5k based on an EBITDA of £4.2k and a 3.24x industry multiple (adjusted for size and gross margin).

music arts ltd Estimated Valuation

£12.2k

Pomanda estimates the enterprise value of MUSIC ARTS LTD at £12.2k based on Net Assets of £18.3k and 0.67x industry multiple (adjusted for liquidity).

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Music Arts Ltd Overview

Music Arts Ltd is a live company located in leicester, LE4 7SL with a Companies House number of 08183740. It operates in the support activities to performing arts sector, SIC Code 90020. Founded in August 2012, it's largest shareholder is pravinchandra majithia with a 100% stake. Music Arts Ltd is a established, micro sized company, Pomanda has estimated its turnover at £42.7k with declining growth in recent years.

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Music Arts Ltd Health Check

Pomanda's financial health check has awarded Music Arts Ltd a 2.5 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

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £42.7k, make it smaller than the average company (£267.8k)

£42.7k - Music Arts Ltd

£267.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (5.6%)

-19% - Music Arts Ltd

5.6% - Industry AVG

production

Production

with a gross margin of 13.1%, this company has a higher cost of product (39.2%)

13.1% - Music Arts Ltd

39.2% - Industry AVG

profitability

Profitability

an operating margin of 9.8% make it more profitable than the average company (6.7%)

9.8% - Music Arts Ltd

6.7% - Industry AVG

employees

Employees

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

1 - Music Arts Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £28.5k, the company has an equivalent pay structure (£28.5k)

£28.5k - Music Arts Ltd

£28.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £42.7k, this is less efficient (£73.5k)

£42.7k - Music Arts Ltd

£73.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 64 days, this is later than average (15 days)

64 days - Music Arts Ltd

15 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 11 days, this is quicker than average (27 days)

11 days - Music Arts Ltd

27 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Music Arts Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Music Arts Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 5.9%, this is a lower level of debt than the average (30%)

5.9% - Music Arts Ltd

30% - Industry AVG

MUSIC ARTS LTD financials

EXPORTms excel logo

Music Arts Ltd's latest turnover from August 2023 is estimated at £42.7 thousand and the company has net assets of £18.3 thousand. According to their latest financial statements, Music Arts Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013
Turnover42,68766,37059,66880,909107,31871,44730,2507,63529,66036,24515,264
Other Income Or Grants00000000000
Cost Of Sales37,08457,71158,88470,27694,57763,53025,8866,27226,01229,45113,036
Gross Profit5,6048,65878410,63212,7407,9184,3641,3633,6486,7942,228
Admin Expenses1,4438,6582,52613,30210,660764-1,909-6,1173,6923,4493,966
Operating Profit4,1610-1,742-2,6702,0807,1546,2737,480-443,345-1,738
Interest Payable00000000000
Interest Receivable000045852825443311
Pre-Tax Profit4,1610-1,742-2,6702,1257,2406,3017,50503,378-1,727
Tax-1,040000-404-1,376-1,197-1,5010-7090
Profit After Tax3,1210-1,742-2,6701,7215,8645,1046,00402,669-1,727
Dividends Paid00000000000
Retained Profit3,1210-1,742-2,6701,7215,8645,1046,00402,669-1,727
Employee Costs28,51427,15327,75225,68027,27523,17223,30323,90024,91826,27527,595
Number Of Employees11111111111
EBITDA*4,1610-1,742-2,6702,0807,1546,2737,480-443,345-1,738

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013
Tangible Assets00000000000
Intangible Assets00000000000
Investments & Other00000000000
Debtors (Due After 1 year)00000000000
Total Fixed Assets00000000000
Stock & work in progress00000000000
Trade Debtors7,53516,05616,05618,14821,9448,7286,16904,6314,631928
Group Debtors00000000000
Misc Debtors11,9650000000000
Cash0000011,97010,81611,5568,7018,7014,495
misc current assets00000000000
total current assets19,50016,05616,05618,14821,94420,69816,98511,55613,33213,3325,423
total assets19,50016,05616,05618,14821,94420,69816,98511,55613,33213,3325,423
Bank overdraft00000000000
Bank loan00000000000
Trade Creditors 1,1568338331,1832,30902,2502,5005,27212,3897,149
Group/Directors Accounts00000000000
other short term finances00000000000
hp & lease commitments00000000000
other current liabilities000002,7832,6842,1097,11700
total current liabilities1,1568338331,1832,3092,7834,9344,60912,38912,3897,149
loans00000000000
hp & lease commitments00000000000
Accruals and Deferred Income00000000000
other liabilities00000000000
provisions00000000000
total long term liabilities00000000000
total liabilities1,1568338331,1832,3092,7834,9344,60912,38912,3897,149
net assets18,34415,22315,22316,96519,63517,91512,0516,947943943-1,726
total shareholders funds18,34415,22315,22316,96519,63517,91512,0516,947943943-1,726
Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013
Operating Activities
Operating Profit4,1610-1,742-2,6702,0807,1546,2737,480-443,345-1,738
Depreciation00000000000
Amortisation00000000000
Tax-1,040000-404-1,376-1,197-1,5010-7090
Stock00000000000
Debtors3,4440-2,092-3,79613,2162,5596,169-4,63103,703928
Creditors3230-350-1,1262,309-2,250-250-2,772-7,1175,2407,149
Accruals and Deferred Income0000-2,78399575-5,0087,11700
Deferred Taxes & Provisions00000000000
Cash flow from operations0000-12,0141,068-7682,830-444,1734,483
Investing Activities
capital expenditure00000000000
Change in Investments00000000000
cash flow from investments00000000000
Financing Activities
Bank loans00000000000
Group/Directors Accounts00000000000
Other Short Term Loans 00000000000
Long term loans00000000000
Hire Purchase and Lease Commitments00000000000
other long term liabilities00000000000
share issue0000-1000001
interest000045852825443311
cash flow from financing000044852825443312
cash and cash equivalents
cash0000-11,9701,154-7402,85504,2064,495
overdraft00000000000
change in cash0000-11,9701,154-7402,85504,2064,495

music arts ltd 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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Music Arts Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for music arts ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in LE4 area or any other competitors across 12 key performance metrics.

music arts ltd Ownership

MUSIC ARTS LTD group structure

Music Arts Ltd has no subsidiary companies.

Ultimate parent company

MUSIC ARTS LTD

08183740

MUSIC ARTS LTD Shareholders

pravinchandra majithia 100%

music arts ltd directors

Music Arts Ltd currently has 1 director, Mr Pravin Majithia serving since Aug 2012.

officercountryagestartendrole
Mr Pravin Majithia71 years Aug 2012- Director

P&L

August 2023

turnover

42.7k

-36%

operating profit

4.2k

0%

gross margin

13.2%

+0.62%

turnover

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

Balance Sheet

August 2023

net assets

18.3k

+0.21%

total assets

19.5k

+0.21%

cash

0

0%

net assets

Total assets minus all liabilities

music arts ltd company details

company number

08183740

Type

Private limited with Share Capital

industry

90020 - Support activities to performing arts

incorporation date

August 2012

age

12

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

August 2023

previous names

N/A

accountant

-

auditor

-

address

mpk house 318 melton road, leicester, LE4 7SL

Bank

-

Legal Advisor

-

music arts 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 music arts ltd.

charges

music arts ltd Companies House Filings - See Documents

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