luckyme records two ltd
luckyme records two ltd Company Information
Company Number
08692575
Next Accounts
17 days late
Shareholders
warp records ltd
luckyme records ltd
Group Structure
View All
Industry
Reproduction of sound recording
+1Registered Address
unit l spectrum house, 32-34 gordon house road, london, NW5 1LP
Website
https://www.warp.netluckyme records two ltd Estimated Valuation
Pomanda estimates the enterprise value of LUCKYME RECORDS TWO LTD at £114k based on a Turnover of £231.9k and 0.49x industry multiple (adjusted for size and gross margin).
luckyme records two ltd Estimated Valuation
Pomanda estimates the enterprise value of LUCKYME RECORDS TWO LTD at £0 based on an EBITDA of £-155.1k and a 3.53x industry multiple (adjusted for size and gross margin).
luckyme records two ltd Estimated Valuation
Pomanda estimates the enterprise value of LUCKYME RECORDS TWO LTD at £0 based on Net Assets of £-229.1k and 1.38x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Luckyme Records Two Ltd Overview
Luckyme Records Two Ltd is a live company located in london, NW5 1LP with a Companies House number of 08692575. It operates in the reproduction of sound recording sector, SIC Code 18201. Founded in September 2013, it's largest shareholder is warp records ltd with a 50% stake. Luckyme Records Two Ltd is a established, micro sized company, Pomanda has estimated its turnover at £231.9k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Luckyme Records Two Ltd Health Check
Pomanda's financial health check has awarded Luckyme Records Two Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
8 Weak
Size
annual sales of £231.9k, make it smaller than the average company (£503.5k)
- Luckyme Records Two Ltd
£503.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (6.5%)
- Luckyme Records Two Ltd
6.5% - Industry AVG
Production
with a gross margin of 48.3%, this company has a comparable cost of product (48.3%)
- Luckyme Records Two Ltd
48.3% - Industry AVG
Profitability
an operating margin of -66.9% make it less profitable than the average company (7.6%)
- Luckyme Records Two Ltd
7.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
3 - Luckyme Records Two Ltd
6 - Industry AVG
Pay Structure
on an average salary of £33.3k, the company has an equivalent pay structure (£33.3k)
- Luckyme Records Two Ltd
£33.3k - Industry AVG
Efficiency
resulting in sales per employee of £77.3k, this is less efficient (£121.8k)
- Luckyme Records Two Ltd
£121.8k - Industry AVG
Debtor Days
it gets paid by customers after 27 days, this is earlier than average (39 days)
- Luckyme Records Two Ltd
39 days - Industry AVG
Creditor Days
its suppliers are paid after 101 days, this is slower than average (26 days)
- Luckyme Records Two Ltd
26 days - Industry AVG
Stock Days
it holds stock equivalent to 43 days, this is more than average (28 days)
- Luckyme Records Two Ltd
28 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (42 weeks)
4 weeks - Luckyme Records Two Ltd
42 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 205.1%, this is a higher level of debt than the average (69.5%)
205.1% - Luckyme Records Two Ltd
69.5% - Industry AVG
LUCKYME RECORDS TWO LTD financials
Luckyme Records Two Ltd's latest turnover from June 2023 is estimated at £231.9 thousand and the company has net assets of -£229.1 thousand. According to their latest financial statements, Luckyme Records Two Ltd has 3 employees and maintains cash reserves of £38.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 3 | 3 | 3 | 3 | 2 | 3 | 2 | 3 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,995 | 3,381 | 4,768 | 1,909 | 2,512 | |||||
| Intangible Assets | ||||||||||
| Investments & Other | ||||||||||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 1,995 | 3,381 | 4,768 | 1,909 | 2,512 | |||||
| Stock & work in progress | 14,158 | 7,477 | 27,004 | 8,514 | 3,174 | 1,903 | 5,994 | 1,710 | 21,695 | |
| Trade Debtors | 17,381 | 65,660 | 18,652 | 36,302 | 103,276 | 47,169 | 24,758 | 44,916 | 58,347 | 28,541 |
| Group Debtors | 34,274 | 4,516 | 62,667 | |||||||
| Misc Debtors | 148,395 | 138,066 | 471,508 | 175,970 | 191,940 | 196,308 | 159,398 | 126,745 | ||
| Cash | 38,123 | 48,398 | 100,674 | 89,587 | 39,850 | 84,245 | 99,264 | 244,540 | 17,183 | 23,226 |
| misc current assets | ||||||||||
| total current assets | 218,057 | 293,875 | 622,354 | 310,373 | 400,907 | 329,625 | 289,414 | 416,201 | 77,240 | 73,462 |
| total assets | 218,057 | 293,875 | 624,349 | 313,754 | 405,675 | 331,534 | 291,926 | 416,201 | 77,240 | 73,462 |
| Bank overdraft | 5,702 | 21,180 | ||||||||
| Bank loan | ||||||||||
| Trade Creditors | 33,279 | 33,460 | 23,867 | 59,672 | 50,876 | 117,978 | 201,135 | 179,215 | 65,520 | 66,316 |
| Group/Directors Accounts | 257,148 | 223,450 | 302,289 | 102,246 | 194,468 | 142,863 | ||||
| other short term finances | ||||||||||
| hp & lease commitments | ||||||||||
| other current liabilities | 156,700 | 113,114 | 270,087 | 185,317 | 182,414 | 196,928 | 56,183 | 77,893 | ||
| total current liabilities | 447,127 | 370,024 | 596,243 | 352,937 | 448,938 | 314,906 | 257,318 | 399,971 | 65,520 | 66,316 |
| loans | ||||||||||
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | ||||||||||
| other liabilities | ||||||||||
| provisions | ||||||||||
| total long term liabilities | ||||||||||
| total liabilities | 447,127 | 370,024 | 596,243 | 352,937 | 448,938 | 314,906 | 257,318 | 399,971 | 65,520 | 66,316 |
| net assets | -229,070 | -76,149 | 28,106 | -39,183 | -43,263 | 16,628 | 34,608 | 16,230 | 11,720 | 7,146 |
| total shareholders funds | -229,070 | -76,149 | 28,106 | -39,183 | -43,263 | 16,628 | 34,608 | 16,230 | 11,720 | 7,146 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 1,995 | 1,386 | 1,387 | 1,060 | 603 | 503 | ||||
| Amortisation | ||||||||||
| Tax | ||||||||||
| Stock | 6,681 | -19,527 | 18,490 | 5,340 | 1,271 | -4,091 | 5,994 | -1,710 | -19,985 | 21,695 |
| Debtors | -72,224 | -256,676 | 282,404 | -145,611 | 114,406 | 59,321 | 12,495 | 113,314 | 29,806 | 28,541 |
| Creditors | -181 | 9,593 | -35,805 | 8,796 | -67,102 | -83,157 | 21,920 | 113,695 | -796 | 66,316 |
| Accruals and Deferred Income | 43,586 | -156,973 | 84,770 | 2,903 | -14,514 | 140,745 | -21,710 | 77,893 | ||
| Deferred Taxes & Provisions | ||||||||||
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | ||||||||||
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | ||||||||||
| Group/Directors Accounts | 33,698 | -78,839 | 200,043 | -92,222 | 194,468 | -142,863 | 142,863 | |||
| 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 | -10,275 | -52,276 | 11,087 | 49,737 | -44,395 | -15,019 | -145,276 | 227,357 | -6,043 | 23,226 |
| overdraft | -5,702 | -15,478 | 21,180 | |||||||
| change in cash | -10,275 | -52,276 | 16,789 | 65,215 | -65,575 | -15,019 | -145,276 | 227,357 | -6,043 | 23,226 |
luckyme records two ltd Credit Report and Business Information
Luckyme Records Two Ltd Competitor Analysis
Perform a competitor analysis for luckyme records two ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in NW5 area or any other competitors across 12 key performance metrics.
luckyme records two ltd Ownership
LUCKYME RECORDS TWO LTD group structure
Luckyme Records Two Ltd has no subsidiary companies.
Ultimate parent company
LUCKYME RECORDS TWO LTD
08692575
luckyme records two ltd directors
Luckyme Records Two Ltd currently has 3 directors. The longest serving directors include Mr Martyn Flyn (Sep 2013) and Mr Kevin Fleming (Sep 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Martyn Flyn | United Kingdom | 45 years | Sep 2013 | - | Director |
| Mr Kevin Fleming | 64 years | Sep 2013 | - | Director | |
| Mr Dominic Flannigan | United Kingdom | 41 years | Sep 2013 | - | Director |
P&L
June 2023turnover
231.9k
-36%
operating profit
-155.1k
0%
gross margin
48.3%
+0.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-229.1k
+2.01%
total assets
218.1k
-0.26%
cash
38.1k
-0.21%
net assets
Total assets minus all liabilities
luckyme records two ltd company details
company number
08692575
Type
Private limited with Share Capital
industry
18201 - Reproduction of sound recording
59200 - Sound recording and music publishing activities
incorporation date
September 2013
age
12
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
June 2023
previous names
N/A
accountant
ECOVIS WINGRAVE YEATS LLP
auditor
-
address
unit l spectrum house, 32-34 gordon house road, london, NW5 1LP
Bank
-
Legal Advisor
-
luckyme records two 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 luckyme records two ltd.
luckyme records two 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.
Click to start generating capital raising & share issue transactions for LUCKYME RECORDS TWO LTD. This can take several minutes, an email will notify you when this has completed.
luckyme records two ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
