planet v music ltd

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planet v music ltd Company Information

Share PLANET V MUSIC LTD

Company Number

09402420

Shareholders

garfield bryan

Group Structure

View All

Industry

Sound recording and music publishing activities

 

Registered Address

50 st marys crescent, london, barnet, NW4 4LH

planet v music ltd Estimated Valuation

£67.4k

Pomanda estimates the enterprise value of PLANET V MUSIC LTD at £67.4k based on a Turnover of £191.9k and 0.35x industry multiple (adjusted for size and gross margin).

planet v music ltd Estimated Valuation

£23.6k

Pomanda estimates the enterprise value of PLANET V MUSIC LTD at £23.6k based on an EBITDA of £12.5k and a 1.88x industry multiple (adjusted for size and gross margin).

planet v music ltd Estimated Valuation

£1.8k

Pomanda estimates the enterprise value of PLANET V MUSIC LTD at £1.8k based on Net Assets of £1k and 1.78x industry multiple (adjusted for liquidity).

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Planet V Music Ltd Overview

Planet V Music Ltd is a live company located in barnet, NW4 4LH with a Companies House number of 09402420. It operates in the sound recording and music publishing activities sector, SIC Code 59200. Founded in January 2015, it's largest shareholder is garfield bryan with a 100% stake. Planet V Music Ltd is a established, micro sized company, Pomanda has estimated its turnover at £191.9k with rapid growth in recent years.

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Planet V Music Ltd Health Check

Pomanda's financial health check has awarded Planet V Music Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £191.9k, make it smaller than the average company (£367k)

£191.9k - Planet V Music Ltd

£367k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 96%, show it is growing at a faster rate (15.6%)

96% - Planet V Music Ltd

15.6% - Industry AVG

production

Production

with a gross margin of 18.7%, this company has a higher cost of product (41.1%)

18.7% - Planet V Music Ltd

41.1% - Industry AVG

profitability

Profitability

an operating margin of 6.5% make it as profitable than the average company (7.2%)

6.5% - Planet V Music Ltd

7.2% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (2)

1 - Planet V Music Ltd

2 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.3k, the company has an equivalent pay structure (£36.3k)

£36.3k - Planet V Music Ltd

£36.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £191.9k, this is more efficient (£130.2k)

£191.9k - Planet V Music Ltd

£130.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 143 days, this is later than average (31 days)

143 days - Planet V Music Ltd

31 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 138 days, this is slower than average (30 days)

138 days - Planet V Music Ltd

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Planet V Music Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Planet V Music Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 98.7%, this is a higher level of debt than the average (73.2%)

98.7% - Planet V Music Ltd

73.2% - Industry AVG

PLANET V MUSIC LTD financials

EXPORTms excel logo

Planet V Music Ltd's latest turnover from January 2024 is estimated at £191.9 thousand and the company has net assets of £1 thousand. According to their latest financial statements, Planet V Music Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016
Turnover191,929201,754169,48225,41217,9374,94017,12249,6172,755
Other Income Or Grants000000000
Cost Of Sales156,093169,348137,25920,03313,4343,65113,19239,5572,055
Gross Profit35,83632,40632,2235,3794,5031,2883,93110,060700
Admin Expenses23,29921,557-14,33549,4414,50310,74817,435-4,812394
Operating Profit12,53710,84946,558-44,0620-9,460-13,50414,872306
Interest Payable000000000
Interest Receivable000000035
Pre-Tax Profit12,53710,84946,558-44,0620-9,460-13,50414,875311
Tax-3,134-2,061-8,8460000-2,975-62
Profit After Tax9,4038,78837,712-44,0620-9,460-13,50411,900249
Dividends Paid000000000
Retained Profit9,4038,78837,712-44,0620-9,460-13,50411,900249
Employee Costs36,30938,44539,40645,52047,40145,29142,15241,08047,061
Number Of Employees111111111
EBITDA*12,53710,84946,558-44,0620-9,460-13,50414,872556

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016
Tangible Assets5,6393,7493,1123,1122,5952,5953,4601,7501,750
Intangible Assets000000000
Investments & Other000000000
Debtors (Due After 1 year)000000000
Total Fixed Assets5,6393,7493,1123,1122,5952,5953,4601,7501,750
Stock & work in progress000000000
Trade Debtors75,35771,45072,6894,6303003006,02815,6150
Group Debtors000000000
Misc Debtors000000000
Cash000000002,011
misc current assets000000000
total current assets75,35771,45072,6894,6303003006,02815,6152,011
total assets80,99675,19975,8017,7422,8952,8959,48817,3653,761
Bank overdraft000000000
Bank loan000000000
Trade Creditors 59,11051,99742,96612,61913,71013,71010,8435,2163,412
Group/Directors Accounts000000000
other short term finances000000000
hp & lease commitments000000000
other current liabilities000000000
total current liabilities59,11051,99742,96612,61913,71013,71010,8435,2163,412
loans000000000
hp & lease commitments000000000
Accruals and Deferred Income000000000
other liabilities20,86031,57950,00050,00000000
provisions000000000
total long term liabilities20,86031,57950,00050,00000000
total liabilities79,97083,57692,96662,61913,71013,71010,8435,2163,412
net assets1,026-8,377-17,165-54,877-10,815-10,815-1,35512,149349
total shareholders funds1,026-8,377-17,165-54,877-10,815-10,815-1,35512,149349
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016
Operating Activities
Operating Profit12,53710,84946,558-44,0620-9,460-13,50414,872306
Depreciation00000000250
Amortisation000000000
Tax-3,134-2,061-8,8460000-2,975-62
Stock000000000
Debtors3,907-1,23968,0594,3300-5,728-9,58715,6150
Creditors7,1139,03130,347-1,09102,8675,6271,8043,412
Accruals and Deferred Income000000000
Deferred Taxes & Provisions000000000
Cash flow from operations12,60919,0580-49,4830-8651,710-1,9143,906
Investing Activities
capital expenditure-1,890-6370-5170865-1,7100-2,000
Change in Investments000000000
cash flow from investments-1,890-6370-5170865-1,7100-2,000
Financing Activities
Bank loans000000000
Group/Directors Accounts000000000
Other Short Term Loans 000000000
Long term loans000000000
Hire Purchase and Lease Commitments000000000
other long term liabilities-10,719-18,421050,00000000
share issue0000000-100100
interest000000035
cash flow from financing-10,719-18,421050,000000-97105
cash and cash equivalents
cash0000000-2,0112,011
overdraft000000000
change in cash0000000-2,0112,011

planet v music ltd 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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Planet V Music Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for planet v music ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in NW4 area or any other competitors across 12 key performance metrics.

planet v music ltd Ownership

PLANET V MUSIC LTD group structure

Planet V Music Ltd has no subsidiary companies.

Ultimate parent company

PLANET V MUSIC LTD

09402420

PLANET V MUSIC LTD Shareholders

garfield bryan 100%

planet v music ltd directors

Planet V Music Ltd currently has 1 director, Mr Garfield Bryan serving since Jan 2015.

officercountryagestartendrole
Mr Garfield BryanEngland60 years Jan 2015- Director

P&L

January 2024

turnover

191.9k

-5%

operating profit

12.5k

0%

gross margin

18.7%

+16.24%

turnover

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

Balance Sheet

January 2024

net assets

1k

-1.12%

total assets

81k

+0.08%

cash

0

0%

net assets

Total assets minus all liabilities

planet v music ltd company details

company number

09402420

Type

Private limited with Share Capital

industry

59200 - Sound recording and music publishing activities

incorporation date

January 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

January 2024

previous names

plant v music ltd (January 2015)

accountant

-

auditor

-

address

50 st marys crescent, london, barnet, NW4 4LH

Bank

-

Legal Advisor

-

planet v music 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 planet v music ltd.

planet v music 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.

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planet v music ltd Companies House Filings - See Documents

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