k music limited

k music limited Company Information

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EstablishedMicroHigh

Company Number

09356178

Industry

Sound recording and music publishing activities

 

Directors

Kate Stewart

Shareholders

kate emma stewart

Group Structure

View All

Contact

Registered Address

35 ballards lane, london, N3 1XW

k music limited Estimated Valuation

£17.9k

Pomanda estimates the enterprise value of K MUSIC LIMITED at £17.9k based on a Turnover of £43k and 0.42x industry multiple (adjusted for size and gross margin).

k music limited Estimated Valuation

£3.5k

Pomanda estimates the enterprise value of K MUSIC LIMITED at £3.5k based on an EBITDA of £1.5k and a 2.26x industry multiple (adjusted for size and gross margin).

k music limited Estimated Valuation

£3.2k

Pomanda estimates the enterprise value of K MUSIC LIMITED at £3.2k based on Net Assets of £1.7k and 1.85x industry multiple (adjusted for liquidity).

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K Music Limited Overview

K Music Limited is a live company located in london, N3 1XW with a Companies House number of 09356178. It operates in the sound recording and music publishing activities sector, SIC Code 59200. Founded in December 2014, it's largest shareholder is kate emma stewart with a 100% stake. K Music Limited is a established, micro sized company, Pomanda has estimated its turnover at £43k with high growth in recent years.

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K Music Limited Health Check

Pomanda's financial health check has awarded K Music Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £43k, make it smaller than the average company (£650.5k)

£43k - K Music Limited

£650.5k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (11.4%)

24% - K Music Limited

11.4% - Industry AVG

production

Production

with a gross margin of 18.8%, this company has a higher cost of product (40.8%)

18.8% - K Music Limited

40.8% - Industry AVG

profitability

Profitability

an operating margin of 3.6% make it less profitable than the average company (6.8%)

3.6% - K Music Limited

6.8% - Industry AVG

employees

Employees

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

1 - K Music Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £49.6k, the company has an equivalent pay structure (£49.6k)

£49.6k - K Music Limited

£49.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £43k, this is less efficient (£146.5k)

£43k - K Music Limited

£146.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 105 days, this is later than average (33 days)

105 days - K Music Limited

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 78 days, this is slower than average (37 days)

78 days - K Music Limited

37 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - K Music Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - K Music Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 86.7%, this is a higher level of debt than the average (76.7%)

86.7% - K Music Limited

76.7% - Industry AVG

K MUSIC LIMITED financials

EXPORTms excel logo

K Music Limited's latest turnover from December 2023 is estimated at £43 thousand and the company has net assets of £1.7 thousand. According to their latest financial statements, K Music Limited 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 2015
Turnover42,97049,43260,71122,51221,36320,65891,567045,594
Other Income Or Grants000000000
Cost Of Sales34,91239,86548,70517,70716,32415,89372,031034,961
Gross Profit8,0599,56712,0064,8055,0394,76519,536010,633
Admin Expenses6,5159,3267,8548,1135,2787,42415,7875109,938
Operating Profit1,5442414,152-3,308-239-2,6593,749-510695
Interest Payable000000000
Interest Receivable00000081424
Pre-Tax Profit1,5442414,152-3,308-239-2,6593,830-468699
Tax-386-46-789000-7280-140
Profit After Tax1,1581953,363-3,308-239-2,6593,102-468559
Dividends Paid000000000
Retained Profit1,1581953,363-3,308-239-2,6593,102-468559
Employee Costs49,55847,84645,49245,54746,68946,75641,939047,024
Number Of Employees111111101
EBITDA*1,5442414,152-3,308-239-2,6593,7493661,863

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015
Tangible Assets4566078101,0791,4391,9182,5582,6303,506
Intangible Assets000000000
Investments & Other000000000
Debtors (Due After 1 year)000000000
Total Fixed Assets4566078101,0791,4391,9182,5582,6303,506
Stock & work in progress000000000
Trade Debtors12,37216,59120,9847,7818,0006,27532,169010,806
Group Debtors000000000
Misc Debtors000000000
Cash000000032,2521,592
misc current assets000000000
total current assets12,37216,59120,9847,7818,0006,27532,16932,25212,398
total assets12,82817,19821,7948,8609,4398,19334,72734,88215,904
Bank overdraft000000000
Bank loan000000000
Trade Creditors 7,52514,05321,44411,8739,1447,65931,53400
Group/Directors Accounts000000026,521554
other short term finances000000000
hp & lease commitments000000000
other current liabilities00000008,26014,781
total current liabilities7,52514,05321,44411,8739,1447,65931,53434,78115,335
loans000000000
hp & lease commitments000000000
Accruals and Deferred Income3,6002,6000000000
other liabilities000000000
provisions000000000
total long term liabilities3,6002,6000000000
total liabilities11,12516,65321,44411,8739,1447,65931,53434,78115,335
net assets1,703545350-3,0132955343,193101569
total shareholders funds1,703545350-3,0132955343,193101569
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015
Operating Activities
Operating Profit1,5442414,152-3,308-239-2,6593,749-510695
Depreciation00000008761,168
Amortisation000000000
Tax-386-46-789000-7280-140
Stock000000000
Debtors-4,219-4,39313,203-2191,725-25,89432,169-10,80610,806
Creditors-6,528-7,3919,5712,7291,485-23,87531,53400
Accruals and Deferred Income1,0002,6000000-8,260-6,52114,781
Deferred Taxes & Provisions000000000
Cash flow from operations-151-203-269-360-479-640-5,8744,6515,698
Investing Activities
capital expenditure151203269360479640720-4,674
Change in Investments000000000
cash flow from investments151203269360479640720-4,674
Financing Activities
Bank loans000000000
Group/Directors Accounts000000-26,52125,967554
Other Short Term Loans 000000000
Long term loans000000000
Hire Purchase and Lease Commitments000000000
other long term liabilities000000000
share issue000000-10010
interest00000081424
cash flow from financing000000-26,45026,009568
cash and cash equivalents
cash000000-32,25230,6601,592
overdraft000000000
change in cash000000-32,25230,6601,592

k music 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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K Music Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for k music limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in N 3 area or any other competitors across 12 key performance metrics.

k music limited Ownership

K MUSIC LIMITED group structure

K Music Limited has no subsidiary companies.

Ultimate parent company

K MUSIC LIMITED

09356178

K MUSIC LIMITED Shareholders

kate emma stewart 100%

k music limited directors

K Music Limited currently has 1 director, Ms Kate Stewart serving since Dec 2014.

officercountryagestartendrole
Ms Kate StewartUnited Kingdom29 years Dec 2014- Director

P&L

December 2023

turnover

43k

-13%

operating profit

1.5k

0%

gross margin

18.8%

-3.1%

turnover

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

Balance Sheet

December 2023

net assets

1.7k

+2.12%

total assets

12.8k

-0.25%

cash

0

0%

net assets

Total assets minus all liabilities

k music limited company details

company number

09356178

Type

Private limited with Share Capital

industry

59200 - Sound recording and music publishing activities

incorporation date

December 2014

age

10

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

BERG KAPROW LEWIS LLP

auditor

-

address

35 ballards lane, london, N3 1XW

Bank

-

Legal Advisor

-

k 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 k music limited.

k music 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.

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k music limited Companies House Filings - See Documents

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