fly eye music limited

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fly eye music limited Company Information

Share FLY EYE MUSIC LIMITED

Company Number

08241905

Directors

Adam Wiles

Shareholders

three six zero grp limited

adam wiles

Group Structure

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Industry

Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

 +1

Registered Address

48 george street, floor 2, london, W1U 7DY

Website

-

fly eye music limited Estimated Valuation

£61.5k

Pomanda estimates the enterprise value of FLY EYE MUSIC LIMITED at £61.5k based on a Turnover of £77.8k and 0.79x industry multiple (adjusted for size and gross margin).

fly eye music limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FLY EYE MUSIC LIMITED at £0 based on an EBITDA of £-7.3k and a 5.54x industry multiple (adjusted for size and gross margin).

fly eye music limited Estimated Valuation

£296.8k

Pomanda estimates the enterprise value of FLY EYE MUSIC LIMITED at £296.8k based on Net Assets of £267.1k and 1.11x industry multiple (adjusted for liquidity).

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Fly Eye Music Limited Overview

Fly Eye Music Limited is a live company located in london, W1U 7DY with a Companies House number of 08241905. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in October 2012, it's largest shareholder is three six zero grp limited with a 99.9% stake. Fly Eye Music Limited is a established, micro sized company, Pomanda has estimated its turnover at £77.8k with declining growth in recent years.

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Fly Eye Music Limited Health Check

Pomanda's financial health check has awarded Fly Eye Music Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 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

7 Weak

size

Size

annual sales of £77.8k, make it smaller than the average company (£9.6m)

£77.8k - Fly Eye Music Limited

£9.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -56%, show it is growing at a slower rate (9%)

-56% - Fly Eye Music Limited

9% - Industry AVG

production

Production

with a gross margin of 46.8%, this company has a comparable cost of product (46.8%)

46.8% - Fly Eye Music Limited

46.8% - Industry AVG

profitability

Profitability

an operating margin of -9.4% make it less profitable than the average company (5.1%)

-9.4% - Fly Eye Music Limited

5.1% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (55)

1 - Fly Eye Music Limited

55 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.4k, the company has an equivalent pay structure (£36.4k)

£36.4k - Fly Eye Music Limited

£36.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £77.8k, this is less efficient (£135.7k)

£77.8k - Fly Eye Music Limited

£135.7k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Fly Eye Music Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 5 days, this is quicker than average (35 days)

5 days - Fly Eye Music Limited

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Fly Eye Music Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (43 weeks)

0 weeks - Fly Eye Music Limited

43 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 1.8%, this is a lower level of debt than the average (54.9%)

1.8% - Fly Eye Music Limited

54.9% - Industry AVG

FLY EYE MUSIC LIMITED financials

EXPORTms excel logo

Fly Eye Music Limited's latest turnover from December 2023 is estimated at £77.8 thousand and the company has net assets of £267.1 thousand. According to their latest financial statements, Fly Eye Music Limited has 1 employee and maintains cash reserves of £53 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Turnover77,82272,758117,020888,6831,222,0351,223,883635,154506,7361,322,2121,416,64461,739
Other Income Or Grants
Cost Of Sales41,43638,62457,665468,457627,313656,347339,404279,404726,509785,91133,425
Gross Profit36,38634,13459,355420,226594,722567,535295,750227,332595,704630,73228,314
Admin Expenses43,67527,80169,982431,299605,501571,949271,298154,865512,227419,43136,931
Operating Profit-7,2896,333-10,627-11,073-10,779-4,41424,45272,46783,477211,301-8,617
Interest Payable
Interest Receivable34771627471,0173921832120
Pre-Tax Profit-7,2866,337-10,620-11,066-10,617-3,66725,46972,85983,660211,323-8,597
Tax-1,204-4,839-14,572-16,732-44,378
Profit After Tax-7,2865,133-10,620-11,066-10,617-3,66720,63058,28766,928166,945-8,597
Dividends Paid
Retained Profit-7,2865,133-10,620-11,066-10,617-3,66720,63058,28766,928166,945-8,597
Employee Costs36,43834,91133,82732,96332,29631,60630,37161,82762,179406,97931,224
Number Of Employees111111122131
EBITDA*-7,2896,333-10,627-11,073-10,779-4,07024,79672,81183,735211,301-8,617

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Tangible Assets864307741,118
Intangible Assets
Investments & Other1,0011,0011,0011,0011,0011,0011,0011,0011,0011,001668
Debtors (Due After 1 year)
Total Fixed Assets1,0011,0011,0011,0011,0011,0871,4311,7752,1191,001668
Stock & work in progress
Trade Debtors193,693199,558209,342148,24370,151288,361218,669
Group Debtors270,613304,875274,13786,21286,26886,26888,26858,3311,410
Misc Debtors40047791791
Cash53531965,3879,51833,699165,525241,38972,3367357,836
misc current assets
total current assets271,066304,928274,333285,339296,135330,100402,036369,871362,107219,4047,836
total assets272,067305,929275,334286,340297,136331,187403,467371,646364,226220,4058,504
Bank overdraft
Bank loan
Trade Creditors 6591623864,03037,29262,05617,100
Group/Directors Accounts16,019
other short term finances
hp & lease commitments
other current liabilities4,33731,4106,1106,1106,22629,66094,24387,08284,638
total current liabilities4,99631,5726,1106,4966,22629,66098,27387,082137,94962,05617,100
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities4,99631,5726,1106,4966,22629,66098,27387,082137,94962,05617,100
net assets267,071274,357269,224279,844290,910301,527305,194284,564226,277158,349-8,596
total shareholders funds267,071274,357269,224279,844290,910301,527305,194284,564226,277158,349-8,596
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Operating Activities
Operating Profit-7,2896,333-10,627-11,073-10,779-4,41424,45272,46783,477211,301-8,617
Depreciation344344344258
Amortisation
Tax-1,204-4,839-14,572-16,732-44,378
Stock
Debtors-33,86230,738-5,815-6,665-9,78459,890108,029-161,28971,102218,669
Creditors497162-386386-4,0304,030-37,292-24,76444,95617,100
Accruals and Deferred Income-27,07325,300-116-23,434-64,5837,1612,44484,638
Deferred Taxes & Provisions
Cash flow from operations-3-147-5,198-4,138-24,429-132,573-76,881184,68055,775-6,7908,483
Investing Activities
capital expenditure86-1,376
Change in Investments333668
cash flow from investments86-1,376-333-668
Financing Activities
Bank loans
Group/Directors Accounts-16,01916,019
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue1,0001
interest34771627471,0173921832120
cash flow from financing34771627471,017-15,62717,2022121
cash and cash equivalents
cash-143-5,191-4,131-24,181-131,826-75,864169,05371,601-7,1017,836
overdraft
change in cash-143-5,191-4,131-24,181-131,826-75,864169,05371,601-7,1017,836

fly eye music 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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Fly Eye Music Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for fly eye music limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in W1U area or any other competitors across 12 key performance metrics.

fly eye music limited Ownership

FLY EYE MUSIC LIMITED group structure

Fly Eye Music Limited has 2 subsidiary companies.

Ultimate parent company

1 parent

FLY EYE MUSIC LIMITED

08241905

2 subsidiaries

FLY EYE MUSIC LIMITED Shareholders

three six zero grp limited 99.9%
adam wiles 0.1%

fly eye music limited directors

Fly Eye Music Limited currently has 1 director, Mr Adam Wiles serving since Oct 2012.

officercountryagestartendrole
Mr Adam WilesEngland41 years Oct 2012- Director

P&L

December 2023

turnover

77.8k

+7%

operating profit

-7.3k

0%

gross margin

46.8%

-0.34%

turnover

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

Balance Sheet

December 2023

net assets

267.1k

-0.03%

total assets

272.1k

-0.11%

cash

53

0%

net assets

Total assets minus all liabilities

fly eye music limited company details

company number

08241905

Type

Private limited with Share Capital

industry

64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

90030 - Artistic creation

incorporation date

October 2012

age

13

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

48 george street, floor 2, london, W1U 7DY

Bank

-

Legal Advisor

-

fly eye music 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 fly eye music limited.

fly eye music 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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fly eye music limited Companies House Filings - See Documents

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