hitmakers4life entertainment ltd

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hitmakers4life entertainment ltd Company Information

Share HITMAKERS4LIFE ENTERTAINMENT LTD

Company Number

08341279

Shareholders

richard olasode

Group Structure

View All

Industry

Sound recording and music publishing activities

 

Registered Address

15 kershaw avenue, kershaw avenue, sale, M33 2TG

Website

-

hitmakers4life entertainment ltd Estimated Valuation

£10.4k

Pomanda estimates the enterprise value of HITMAKERS4LIFE ENTERTAINMENT LTD at £10.4k based on a Turnover of £35.6k and 0.29x industry multiple (adjusted for size and gross margin).

hitmakers4life entertainment ltd Estimated Valuation

£3.7k

Pomanda estimates the enterprise value of HITMAKERS4LIFE ENTERTAINMENT LTD at £3.7k based on an EBITDA of £1.7k and a 2.24x industry multiple (adjusted for size and gross margin).

hitmakers4life entertainment ltd Estimated Valuation

£12.2k

Pomanda estimates the enterprise value of HITMAKERS4LIFE ENTERTAINMENT LTD at £12.2k based on Net Assets of £8.3k and 1.47x industry multiple (adjusted for liquidity).

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Hitmakers4life Entertainment Ltd Overview

Hitmakers4life Entertainment Ltd is a live company located in sale, M33 2TG with a Companies House number of 08341279. It operates in the sound recording and music publishing activities sector, SIC Code 59200. Founded in December 2012, it's largest shareholder is richard olasode with a 100% stake. Hitmakers4life Entertainment Ltd is a established, micro sized company, Pomanda has estimated its turnover at £35.6k with high growth in recent years.

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Hitmakers4life Entertainment Ltd Health Check

Pomanda's financial health check has awarded Hitmakers4Life Entertainment Ltd a 1 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 Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £35.6k, make it smaller than the average company (£704.3k)

£35.6k - Hitmakers4life Entertainment Ltd

£704.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (11.2%)

24% - Hitmakers4life Entertainment Ltd

11.2% - Industry AVG

production

Production

with a gross margin of 19.1%, this company has a higher cost of product (39.6%)

19.1% - Hitmakers4life Entertainment Ltd

39.6% - Industry AVG

profitability

Profitability

an operating margin of 4.7% make it less profitable than the average company (6.8%)

4.7% - Hitmakers4life Entertainment Ltd

6.8% - Industry AVG

employees

Employees

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

1 - Hitmakers4life Entertainment Ltd

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £50.7k, the company has an equivalent pay structure (£50.7k)

£50.7k - Hitmakers4life Entertainment Ltd

£50.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £35.6k, this is less efficient (£150.5k)

£35.6k - Hitmakers4life Entertainment Ltd

£150.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 51 days, this is later than average (30 days)

51 days - Hitmakers4life Entertainment Ltd

30 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Hitmakers4life Entertainment Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Hitmakers4life Entertainment Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Hitmakers4life Entertainment Ltd

- - Industry AVG

debtlevel

Debt Level

There is insufficient data available for this Key Performance Indicator!

- - Hitmakers4life Entertainment Ltd

- - Industry AVG

HITMAKERS4LIFE ENTERTAINMENT LTD financials

EXPORTms excel logo

Hitmakers4Life Entertainment Ltd's latest turnover from December 2023 is estimated at £35.6 thousand and the company has net assets of £8.3 thousand. According to their latest financial statements, Hitmakers4Life Entertainment Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Turnover35,55728,64431,46918,57616,77614,555
Other Income Or Grants
Cost Of Sales28,78023,17125,26214,66912,82611,170
Gross Profit6,7775,4726,2073,9073,9493,384
Admin Expenses5,1246,2225,6513,3511,542-2,7891-1
Operating Profit1,653-7505565562,4076,173-11
Interest Payable
Interest Receivable
Pre-Tax Profit1,653-7505565562,4076,173-11
Tax-413-106-106-457-1,173
Profit After Tax1,240-7504504501,9505,000-11
Dividends Paid
Retained Profit1,240-7504504501,9505,000-11
Employee Costs50,69546,32144,97245,42745,54346,022
Number Of Employees111111
EBITDA*1,653-7505565562,4076,173-11

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Tangible Assets3,2403,0002,8502,7002,6502,000
Intangible Assets
Investments & Other1
Debtors (Due After 1 year)
Total Fixed Assets3,2403,0002,8502,7002,6502,0001
Stock & work in progress
Trade Debtors5,0004,0005,0004,7004,3003,000
Group Debtors
Misc Debtors100100
Cash
misc current assets
total current assets5,1004,1005,0004,7004,3003,000
total assets8,3407,1007,8507,4006,9505,0001
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
net assets8,3407,1007,8507,4006,9505,0001
total shareholders funds8,3407,1007,8507,4006,9505,0001
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Operating Activities
Operating Profit1,653-7505565562,4076,173-11
Depreciation
Amortisation
Tax-413-106-106-457-1,173
Stock
Debtors1,000-9003004001,3003,000
Creditors
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations240150150506502,000-11
Investing Activities
capital expenditure-240-150-150-50-650-2,000
Change in Investments-11
cash flow from investments-240-150-150-50-650-2,0001-1
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash

hitmakers4life entertainment ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for hitmakers4life entertainment ltd. Get real-time insights into hitmakers4life entertainment ltd's credit score, group structure and payment trends.

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Hitmakers4life Entertainment Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for hitmakers4life entertainment ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in M33 area or any other competitors across 12 key performance metrics.

hitmakers4life entertainment ltd Ownership

HITMAKERS4LIFE ENTERTAINMENT LTD group structure

Hitmakers4Life Entertainment Ltd has no subsidiary companies.

Ultimate parent company

HITMAKERS4LIFE ENTERTAINMENT LTD

08341279

HITMAKERS4LIFE ENTERTAINMENT LTD Shareholders

richard olasode 100%

hitmakers4life entertainment ltd directors

Hitmakers4Life Entertainment Ltd currently has 1 director, Mr Richard Olasode serving since Dec 2012.

officercountryagestartendrole
Mr Richard OlasodeUnited Kingdom45 years Dec 2012- Director

P&L

December 2023

turnover

35.6k

+24%

operating profit

1.7k

0%

gross margin

19.1%

-0.24%

turnover

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

Balance Sheet

December 2023

net assets

8.3k

+0.17%

total assets

8.3k

+0.17%

cash

0

0%

net assets

Total assets minus all liabilities

hitmakers4life entertainment ltd company details

company number

08341279

Type

Private limited with Share Capital

industry

59200 - Sound recording and music publishing activities

incorporation date

December 2012

age

13

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

15 kershaw avenue, kershaw avenue, sale, M33 2TG

Bank

-

Legal Advisor

-

hitmakers4life entertainment 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 hitmakers4life entertainment ltd.

hitmakers4life entertainment ltd 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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hitmakers4life entertainment ltd Companies House Filings - See Documents

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