Pomanda estimates the enterprise value of MUSIC VINE LIMITED at £340.7k based on a Turnover of £650.7k and 0.52x industry multiple (adjusted for size and gross margin).
music vine limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of MUSIC VINE LIMITED at £0 based on an EBITDA of £-1m and a 2.65x industry multiple (adjusted for size and gross margin).
music vine limitedEstimated Valuation
£2.5m
Pomanda estimates the enterprise value of MUSIC VINE LIMITED at £2.5m based on Net Assets of £2.1m and 1.23x industry multiple (adjusted for liquidity).
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Music Vine LimitedOverview
Music Vine Limited is a live company located in leeds, LS1 4DP with a Companies House number of 09234137. It operates in the sound recording and music publishing activities sector, SIC Code 59200. Founded in September 2014, it's largest shareholder is
envato ventures pty ltd
with a 29.9% stake. Music Vine Limited is a established,
small sized company, Pomanda has estimated its turnover at
£650.7k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Music Vine Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
5 Strong
2 Regular
4 Weak
Size
annual sales of £650.7k, make it larger than the average company (£467.8k)
£650.7k - Music Vine Limited
£467.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a slower rate (11.3%)
8% - Music Vine Limited
11.3% - Industry AVG
Production
with a gross margin of 47.9%, this company has a comparable cost of product (47.9%)
47.9% - Music Vine Limited
47.9% - Industry AVG
Profitability
an operating margin of -156.7% make it less profitable than the average company (8.6%)
-156.7% - Music Vine Limited
8.6% - Industry AVG
Employees
with 22 employees, this is above the industry average (3)
22 - Music Vine Limited
3 - Industry AVG
Pay Structure
on an average salary of £38.2k, the company has an equivalent pay structure (£38.2k)
£38.2k - Music Vine Limited
£38.2k - Industry AVG
Efficiency
resulting in sales per employee of £29.6k, this is less efficient (£134.9k)
£29.6k - Music Vine Limited
£134.9k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (31 days)
1 days - Music Vine Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is quicker than average (38 days)
25 days - Music Vine Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Music Vine Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 193 weeks, this is more cash available to meet short term requirements (27 weeks)
193 weeks - Music Vine Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 26.1%, this is a lower level of debt than the average (76.7%)
26.1% - Music Vine Limited
76.7% - Industry AVG
MUSIC VINE LIMITED financials
EXPORT
Music Vine Limited's latest turnover from September 2023 is estimated at £650.7 thousand and the company has net assets of £2.1 million. According to their latest financial statements, Music Vine Limited has 22 employees and maintains cash reserves of £2.6 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Turnover
650,663
494,369
798,739
521,657
215,390
203,797
127,157
39,209
20,764
Other Income Or Grants
Cost Of Sales
339,066
287,576
477,537
277,220
117,815
104,975
69,939
19,572
10,510
Gross Profit
311,597
206,793
321,201
244,437
97,575
98,823
57,218
19,637
10,253
Admin Expenses
1,331,065
635,439
375,670
313,409
89,387
162,656
56,019
9,497
13,484
Operating Profit
-1,019,468
-428,646
-54,469
-68,972
8,188
-63,833
1,199
10,140
-3,231
Interest Payable
1,128
388
Interest Receivable
156,480
41,426
274
180
712
556
121
16
2
Pre-Tax Profit
-864,115
-387,608
-54,195
-68,792
8,900
-63,277
1,320
10,156
-3,229
Tax
-1,691
-251
-2,031
Profit After Tax
-864,115
-387,608
-54,195
-68,792
7,209
-63,277
1,069
8,125
-3,229
Dividends Paid
Retained Profit
-864,115
-387,608
-54,195
-68,792
7,209
-63,277
1,069
8,125
-3,229
Employee Costs
840,485
669,844
337,110
318,829
186,755
182,172
123,783
45,649
47,833
Number Of Employees
22
14
8
7
4
4
3
1
1
EBITDA*
-1,012,995
-423,735
-49,918
-54,865
22,203
-49,327
12,455
13,126
-1,679
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Tangible Assets
135,617
126,147
5,403
7,836
16,161
27,985
28,393
7,219
3,637
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
135,617
126,147
5,403
7,836
16,161
27,985
28,393
7,219
3,637
Stock & work in progress
Trade Debtors
2,322
4,320
2,650
1,115
437
437
Group Debtors
Misc Debtors
57,710
68,513
656
Cash
2,593,357
3,367,790
314,493
233,565
125,995
63,769
84,622
12,046
937
misc current assets
total current assets
2,653,389
3,440,623
317,143
234,680
126,651
64,206
85,059
12,046
937
total assets
2,789,006
3,566,770
322,546
242,516
142,812
92,191
113,452
19,265
4,574
Bank overdraft
10,648
9,398
Bank loan
Trade Creditors
23,736
74,276
357,746
225,102
4,188
59,366
17,272
12,923
7,801
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
662,770
516,023
100,837
total current liabilities
697,154
599,697
357,746
225,102
105,025
59,366
17,272
12,923
7,801
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
20,098
31,204
50,000
50,000
provisions
11,747
11,747
3,070
1,489
3,070
5,317
5,395
1,444
total long term liabilities
31,845
42,951
53,070
51,489
3,070
5,317
5,395
1,444
total liabilities
728,999
642,648
410,816
276,591
108,095
64,683
22,667
14,367
7,801
net assets
2,060,007
2,924,122
-88,270
-34,075
34,717
27,508
90,785
4,898
-3,227
total shareholders funds
2,060,007
2,924,122
-88,270
-34,075
34,717
27,508
90,785
4,898
-3,227
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Operating Activities
Operating Profit
-1,019,468
-428,646
-54,469
-68,972
8,188
-63,833
1,199
10,140
-3,231
Depreciation
6,473
4,911
4,551
14,107
14,015
14,506
11,256
2,986
1,552
Amortisation
Tax
-1,691
-251
-2,031
Stock
Debtors
-12,801
70,183
1,535
459
219
437
Creditors
-50,540
-283,470
132,644
220,914
-55,178
42,094
4,349
5,122
7,801
Accruals and Deferred Income
146,747
516,023
-100,837
100,837
Deferred Taxes & Provisions
8,677
1,581
-1,581
-2,247
-78
3,951
1,444
Cash flow from operations
-903,987
-252,688
82,772
63,172
63,705
-7,311
20,067
17,661
6,122
Investing Activities
capital expenditure
-15,943
-125,655
-2,118
-5,782
-2,191
-14,098
-32,430
-6,568
-5,189
Change in Investments
cash flow from investments
-15,943
-125,655
-2,118
-5,782
-2,191
-14,098
-32,430
-6,568
-5,189
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-11,106
-18,796
50,000
share issue
3,400,000
84,818
2
interest
155,352
41,038
274
180
712
556
121
16
2
cash flow from financing
144,246
3,422,242
274
50,180
712
556
84,939
16
4
cash and cash equivalents
cash
-774,433
3,053,297
80,928
107,570
62,226
-20,853
72,576
11,109
937
overdraft
1,250
9,398
change in cash
-775,683
3,043,899
80,928
107,570
62,226
-20,853
72,576
11,109
937
music vine limited 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 music vine limited. Get real-time insights into music vine limited's credit score, group structure and payment trends.
Perform a competitor analysis for music vine limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in LS1 area or any other competitors across 12 key performance metrics.
music vine limited Ownership
MUSIC VINE LIMITED group structure
Music Vine Limited has no subsidiary companies.
Ultimate parent company
MUSIC VINE LIMITED
09234137
MUSIC VINE LIMITED Shareholders
The largest shareholders in Music Vine Limited include Envato Ventures Pty Ltd and Matthew Russell.
envato ventures pty ltd
29.87%
matthew russell
23.85%
lewis foster
23.85%
ian cherry
7.01%
howard barton
7.01%
glenn patterson
7.01%
daniel robinson
1.4%
music vine limited directors
Music Vine Limited currently has 3 directors.
The longest serving directors include
Mr Matthew Russell (Sep 2014) and
Mr Lewis Foster (Sep 2014).
59200 - Sound recording and music publishing activities
incorporation date
September 2014
age
11
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
the music vine limited (January 2015)
accountant
-
auditor
-
address
tailors corner 1 thirsk row, leeds, LS1 4DP
Bank
-
Legal Advisor
-
music vine 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 music vine limited.
music vine 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.
Click to start generating capital raising & share issue transactions for MUSIC VINE LIMITED. This can take several minutes, an email will notify you when this has completed.
music vine limitedCompanies House Filings - See Documents
