cinnamon music limited
cinnamon music limited Company Information
Company Number
08800613
Website
www.cinnamonmusic.comRegistered Address
the mews queen street, colyton, devon, EX24 6JU
Industry
Media representation
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Directors
Kevin Kelly10 Years
Shareholders
mr kevin kelly 100%
cinnamon music limited Estimated Valuation
Pomanda estimates the enterprise value of CINNAMON MUSIC LIMITED at £16.2k based on a Turnover of £41.6k and 0.39x industry multiple (adjusted for size and gross margin).
cinnamon music limited Estimated Valuation
Pomanda estimates the enterprise value of CINNAMON MUSIC LIMITED at £8.7k based on an EBITDA of £3.4k and a 2.55x industry multiple (adjusted for size and gross margin).
cinnamon music limited Estimated Valuation
Pomanda estimates the enterprise value of CINNAMON MUSIC LIMITED at £20.6k based on Net Assets of £9.2k and 2.25x industry multiple (adjusted for liquidity).
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Cinnamon Music Limited Overview
Cinnamon Music Limited is a dissolved company that was located in devon, EX24 6JU with a Companies House number of 08800613. It operated in the media representation services sector, SIC Code 73120. Founded in December 2013, it's largest shareholder was mr kevin kelly with a 100% stake. The last turnover for Cinnamon Music Limited was estimated at £41.6k.
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Cinnamon Music Limited Health Check
Pomanda's financial health check has awarded Cinnamon Music Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £41.6k, make it smaller than the average company (£2.4m)
- Cinnamon Music Limited
£2.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 168%, show it is growing at a faster rate (7.8%)
- Cinnamon Music Limited
7.8% - Industry AVG
Production
with a gross margin of 27.4%, this company has a higher cost of product (47.3%)
- Cinnamon Music Limited
47.3% - Industry AVG
Profitability
an operating margin of 7.7% make it more profitable than the average company (5%)
- Cinnamon Music Limited
5% - Industry AVG
Employees
with 1 employees, this is below the industry average (19)
- Cinnamon Music Limited
19 - Industry AVG
Pay Structure
on an average salary of £52.1k, the company has an equivalent pay structure (£52.1k)
- Cinnamon Music Limited
£52.1k - Industry AVG
Efficiency
resulting in sales per employee of £41.6k, this is less efficient (£125.3k)
- Cinnamon Music Limited
£125.3k - Industry AVG
Debtor Days
it gets paid by customers after 120 days, this is later than average (65 days)
- Cinnamon Music Limited
65 days - Industry AVG
Creditor Days
its suppliers are paid after 60 days, this is slower than average (46 days)
- Cinnamon Music Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Cinnamon Music Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (13 weeks)
6 weeks - Cinnamon Music Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 38.5%, this is a lower level of debt than the average (65.7%)
38.5% - Cinnamon Music Limited
65.7% - Industry AVG
CINNAMON MUSIC LIMITED financials
Cinnamon Music Limited's latest turnover from October 2020 is estimated at £41.6 thousand and the company has net assets of £9.2 thousand. According to their latest financial statements, we estimate that Cinnamon Music Limited has 1 employee and maintains cash reserves of £587 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|---|
| Turnover | 7,426 | ||||||
| Other Income Or Grants | 0 | ||||||
| Cost Of Sales | 296 | ||||||
| Gross Profit | 7,130 | ||||||
| Admin Expenses | 1,488 | ||||||
| Operating Profit | 5,642 | ||||||
| Interest Payable | 60 | ||||||
| Interest Receivable | 0 | ||||||
| Pre-Tax Profit | 5,642 | ||||||
| Tax | 0 | ||||||
| Profit After Tax | 5,642 | ||||||
| Dividends Paid | 0 | ||||||
| Retained Profit | 5,642 | ||||||
| Employee Costs | |||||||
| Number Of Employees | |||||||
| EBITDA* | 6,008 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 620 | 826 | 1,101 | 1,467 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 620 | 826 | 1,101 | 1,467 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 13,699 | 9,946 | 7,008 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 587 | 551 | 1,610 | 2,837 | 4,955 | 3,485 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 14,286 | 10,497 | 8,618 | 2,837 | 4,955 | 3,485 | 0 |
| total assets | 14,906 | 11,323 | 9,719 | 4,304 | 4,955 | 3,485 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,974 | 4,025 | 3,840 | 1,024 | 4,124 | 3,258 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 4,974 | 4,025 | 3,840 | 1,024 | 4,124 | 3,258 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 759 | 723 | 718 | 718 | 718 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 300 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 759 | 723 | 718 | 1,018 | 718 | 0 | 0 |
| total liabilities | 5,733 | 4,748 | 4,558 | 2,042 | 4,842 | 3,258 | 0 |
| net assets | 9,173 | 6,575 | 5,161 | 2,262 | 113 | 227 | 0 |
| total shareholders funds | 9,173 | 6,575 | 5,161 | 2,262 | 113 | 227 | 0 |
| Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 5,642 | ||||||
| Depreciation | 206 | 275 | 366 | 488 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 0 | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 3,753 | 2,938 | 7,008 | 0 | 0 | 0 | 0 |
| Creditors | 949 | 185 | 2,816 | -3,100 | 866 | 3,258 | 0 |
| Accruals and Deferred Income | 36 | 5 | 0 | 0 | 718 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,816 | ||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -300 | 300 | 0 | 0 | 0 |
| share issue | |||||||
| interest | -60 | ||||||
| cash flow from financing | -3,103 | ||||||
| cash and cash equivalents | |||||||
| cash | 36 | -1,059 | -1,227 | -2,118 | 1,470 | 3,485 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 36 | -1,059 | -1,227 | -2,118 | 1,470 | 3,485 | 0 |
cinnamon music limited Credit Report and Business Information
Cinnamon Music Limited Competitor Analysis
Perform a competitor analysis for cinnamon music limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in EX24 area or any other competitors across 12 key performance metrics.
cinnamon music limited Ownership
CINNAMON MUSIC LIMITED group structure
Cinnamon Music Limited has no subsidiary companies.
Ultimate parent company
CINNAMON MUSIC LIMITED
08800613
cinnamon music limited directors
Cinnamon Music Limited currently has 1 director, Mr Kevin Kelly serving since Dec 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kevin Kelly | United Kingdom | 54 years | Dec 2013 | - | Director |
P&L
October 2020turnover
41.6k
+21%
operating profit
3.2k
0%
gross margin
27.5%
+8.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2020net assets
9.2k
+0.4%
total assets
14.9k
+0.32%
cash
587
+0.07%
net assets
Total assets minus all liabilities
cinnamon music limited company details
company number
08800613
Type
Private limited with Share Capital
industry
73120 - Media representation
incorporation date
December 2013
age
11
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
October 2020
previous names
N/A
accountant
CRW ACCOUNTANTS LTD
auditor
-
address
the mews queen street, colyton, devon, EX24 6JU
Bank
-
Legal Advisor
-
cinnamon 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 cinnamon music limited.
cinnamon music limited Companies House Filings - See Documents
| date | description | view/download |
|---|
