sound wave music 2 limited

2

sound wave music 2 limited Company Information

Share SOUND WAVE MUSIC 2 LIMITED
Live (In Liquidation)
EstablishedMicroDeclining

Company Number

08749352

Registered Address

11 roman way business centre, berry hill, droitwich spa, worcestershire, WR9 9AJ

Industry

Sound recording and music publishing activities

 

Telephone

01452717070

Next Accounts Due

July 2024

Group Structure

View All

Directors

Gordon Pugh1 Years

Richard Simmonds0 Years

Shareholders

origin investments limited 100%

sound wave music 2 limited Estimated Valuation

£47.2k

Pomanda estimates the enterprise value of SOUND WAVE MUSIC 2 LIMITED at £47.2k based on a Turnover of £106.4k and 0.44x industry multiple (adjusted for size and gross margin).

sound wave music 2 limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SOUND WAVE MUSIC 2 LIMITED at £0 based on an EBITDA of £-984 and a 1.96x industry multiple (adjusted for size and gross margin).

sound wave music 2 limited Estimated Valuation

£66.8k

Pomanda estimates the enterprise value of SOUND WAVE MUSIC 2 LIMITED at £66.8k based on Net Assets of £57.6k and 1.16x industry multiple (adjusted for liquidity).

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Sound Wave Music 2 Limited Overview

Sound Wave Music 2 Limited is a live company located in droitwich spa, WR9 9AJ with a Companies House number of 08749352. It operates in the sound recording and music publishing activities sector, SIC Code 59200. Founded in October 2013, it's largest shareholder is origin investments limited with a 100% stake. Sound Wave Music 2 Limited is a established, micro sized company, Pomanda has estimated its turnover at £106.4k with declining growth in recent years.

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Sound Wave Music 2 Limited Health Check

Pomanda's financial health check has awarded Sound Wave Music 2 Limited a 2 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 Rating2out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £106.4k, make it smaller than the average company (£370.3k)

£106.4k - Sound Wave Music 2 Limited

£370.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (8.1%)

-4% - Sound Wave Music 2 Limited

8.1% - Industry AVG

production

Production

with a gross margin of 22.5%, this company has a higher cost of product (43.2%)

22.5% - Sound Wave Music 2 Limited

43.2% - Industry AVG

profitability

Profitability

an operating margin of -0.9% make it less profitable than the average company (8.6%)

-0.9% - Sound Wave Music 2 Limited

8.6% - Industry AVG

employees

Employees

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

1 - Sound Wave Music 2 Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £47.8k, the company has an equivalent pay structure (£47.8k)

£47.8k - Sound Wave Music 2 Limited

£47.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £106.4k, this is equally as efficient (£114.8k)

£106.4k - Sound Wave Music 2 Limited

£114.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 202 days, this is later than average (36 days)

202 days - Sound Wave Music 2 Limited

36 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 6 days, this is quicker than average (44 days)

6 days - Sound Wave Music 2 Limited

44 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Sound Wave Music 2 Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Sound Wave Music 2 Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 2.6%, this is a lower level of debt than the average (74%)

2.6% - Sound Wave Music 2 Limited

74% - Industry AVG

SOUND WAVE MUSIC 2 LIMITED financials

EXPORTms excel logo

Sound Wave Music 2 Limited's latest turnover from October 2022 is estimated at £106.4 thousand and the company has net assets of £57.6 thousand. According to their latest financial statements, Sound Wave Music 2 Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014
Turnover106,449126,223106,105121,201119,598140,75122,878160,263105,149
Other Income Or Grants000000000
Cost Of Sales82,468100,58782,54187,39289,745109,10517,519122,94978,594
Gross Profit23,98225,63623,56333,80929,85331,6455,35937,31426,555
Admin Expenses24,96618,27125,88832,92930,786-132,6734,08642,894100,202
Operating Profit-9847,365-2,325880-933164,3181,273-5,580-73,647
Interest Payable000000000
Interest Receivable0000067767053
Pre-Tax Profit-9847,365-2,325880-933164,3851,349-5,510-73,594
Tax0-1,3990-1670-31,233-27000
Profit After Tax-9845,966-2,325713-933133,1521,079-5,510-73,594
Dividends Paid000000000
Retained Profit-9845,966-2,325713-933133,1521,079-5,510-73,594
Employee Costs47,84643,55647,34846,68946,02241,26145,13247,02447,702
Number Of Employees111111111
EBITDA*-9847,365-2,325880-933164,3181,273-5,580-73,647

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014
Tangible Assets000000000
Intangible Assets000000000
Investments & Other000000000
Debtors (Due After 1 year)000000009,211
Total Fixed Assets000000009,211
Stock & work in progress000000000
Trade Debtors59,11759,95257,26759,28157,65358,4387,86463,83232,039
Group Debtors000000000
Misc Debtors000000000
Cash00000053,8546,57821,352
misc current assets000000000
total current assets59,11759,95257,26759,28157,65358,43861,71870,41053,391
total assets59,11759,95257,26759,28157,65358,43861,71870,41062,602
Bank overdraft000000000
Bank loan000000000
Trade Creditors 1,5531,4044,6854,3743,4593,3114,04713,818500
Group/Directors Accounts000000000
other short term finances000000000
hp & lease commitments000000000
other current liabilities000000000
total current liabilities1,5531,4044,6854,3743,4593,3114,04713,818500
loans000000000
hp & lease commitments000000000
Accruals and Deferred Income000000000
other liabilities000000000
provisions000000000
total long term liabilities000000000
total liabilities1,5531,4044,6854,3743,4593,3114,04713,818500
net assets57,56458,54852,58254,90754,19455,12757,67156,59262,102
total shareholders funds57,56458,54852,58254,90754,19455,12757,67156,59262,102
Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014
Operating Activities
Operating Profit-9847,365-2,325880-933164,3181,273-5,580-73,647
Depreciation000000000
Amortisation000000000
Tax0-1,3990-1670-31,233-27000
Stock000000000
Debtors-8352,685-2,0141,628-78550,574-55,96822,58241,250
Creditors149-3,281311915148-736-9,77113,318500
Accruals and Deferred Income000000000
Deferred Taxes & Provisions000000000
Cash flow from operations0000081,77547,200-14,844-114,397
Investing Activities
capital expenditure000000000
Change in Investments000000000
cash flow from investments000000000
Financing Activities
Bank loans000000000
Group/Directors Accounts000000000
Other Short Term Loans 000000000
Long term loans000000000
Hire Purchase and Lease Commitments000000000
other long term liabilities000000000
share issue00000-135,69600135,696
interest0000067767053
cash flow from financing00000-135,6297670135,749
cash and cash equivalents
cash00000-53,85447,276-14,77421,352
overdraft000000000
change in cash00000-53,85447,276-14,77421,352

sound wave music 2 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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Sound Wave Music 2 Limited Competitor Analysis

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sound wave music 2 limited Ownership

SOUND WAVE MUSIC 2 LIMITED group structure

Sound Wave Music 2 Limited has no subsidiary companies.

Ultimate parent company

2 parents

SOUND WAVE MUSIC 2 LIMITED

08749352

SOUND WAVE MUSIC 2 LIMITED Shareholders

origin investments limited 100%

sound wave music 2 limited directors

Sound Wave Music 2 Limited currently has 2 directors. The longest serving directors include Mr Gordon Pugh (Jul 2022) and Mr Richard Simmonds (Jun 2023).

officercountryagestartendrole
Mr Gordon PughEngland47 years Jul 2022- Director
Mr Richard SimmondsEngland44 years Jun 2023- Director

P&L

October 2022

turnover

106.4k

-16%

operating profit

-984

0%

gross margin

22.6%

+10.92%

turnover

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

Balance Sheet

October 2022

net assets

57.6k

-0.02%

total assets

59.1k

-0.01%

cash

0

0%

net assets

Total assets minus all liabilities

sound wave music 2 limited company details

company number

08749352

Type

Private limited with Share Capital

industry

59200 - Sound recording and music publishing activities

incorporation date

October 2013

age

11

accounts

Micro-Entity Accounts

ultimate parent company

previous names

N/A

incorporated

UK

address

11 roman way business centre, berry hill, droitwich spa, worcestershire, WR9 9AJ

last accounts submitted

October 2022

sound wave music 2 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 sound wave music 2 limited.

charges

sound wave music 2 limited Companies House Filings - See Documents

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