freeman music group limited
freeman music group limited Company Information
Company Number
09654281
Next Accounts
Mar 2025
Directors
Shareholders
sheldon pammell
je global enterprises limited
View AllGroup Structure
View All
Industry
Artistic creation
Registered Address
16 great queen street, covent garden, london, WC2B 5AH
Website
http://thecmgroup.co.ukfreeman music group limited Estimated Valuation
Pomanda estimates the enterprise value of FREEMAN MUSIC GROUP LIMITED at £17.8k based on a Turnover of £47.6k and 0.38x industry multiple (adjusted for size and gross margin).
freeman music group limited Estimated Valuation
Pomanda estimates the enterprise value of FREEMAN MUSIC GROUP LIMITED at £0 based on an EBITDA of £0 and a 4.86x industry multiple (adjusted for size and gross margin).
freeman music group limited Estimated Valuation
Pomanda estimates the enterprise value of FREEMAN MUSIC GROUP LIMITED at £40.1k based on Net Assets of £31.4k and 1.28x industry multiple (adjusted for liquidity).
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Freeman Music Group Limited Overview
Freeman Music Group Limited is a live company located in london, WC2B 5AH with a Companies House number of 09654281. It operates in the artistic creation sector, SIC Code 90030. Founded in June 2015, it's largest shareholder is sheldon pammell with a 43.5% stake. Freeman Music Group Limited is a established, micro sized company, Pomanda has estimated its turnover at £47.6k with low growth in recent years.
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Freeman Music Group Limited Health Check
Pomanda's financial health check has awarded Freeman Music Group Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
0 Strong
1 Regular
6 Weak
Size
annual sales of £47.6k, make it smaller than the average company (£303.3k)
- Freeman Music Group Limited
£303.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (5.1%)
- Freeman Music Group Limited
5.1% - Industry AVG
Production
with a gross margin of 23.4%, this company has a higher cost of product (49.4%)
- Freeman Music Group Limited
49.4% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Freeman Music Group Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
1 - Freeman Music Group Limited
5 - Industry AVG
Pay Structure
on an average salary of £27.3k, the company has an equivalent pay structure (£27.3k)
- Freeman Music Group Limited
£27.3k - Industry AVG
Efficiency
resulting in sales per employee of £47.6k, this is less efficient (£78.1k)
- Freeman Music Group Limited
£78.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Freeman Music Group Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Freeman Music Group Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Freeman Music Group Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Freeman Music Group Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 51.7%, this is a higher level of debt than the average (35.4%)
51.7% - Freeman Music Group Limited
35.4% - Industry AVG
FREEMAN MUSIC GROUP LIMITED financials
Freeman Music Group Limited's latest turnover from June 2023 is estimated at £47.6 thousand and the company has net assets of £31.4 thousand. According to their latest financial statements, Freeman Music Group Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | ||||||||
| Interest Payable | ||||||||
| Interest Receivable | ||||||||
| Pre-Tax Profit | ||||||||
| Tax | ||||||||
| Profit After Tax | ||||||||
| Dividends Paid | ||||||||
| Retained Profit | ||||||||
| Employee Costs | ||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,950 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 0 | 1,950 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 65,000 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 426 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 0 | 0 | 0 | 0 | 0 | 0 | 65,000 | 426 |
| total assets | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 2,376 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 33,639 | 52,250 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 33,639 | 52,250 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 33,639 | 33,639 | 33,639 | 33,639 | 33,639 | 33,639 | 0 | 0 |
| total long term liabilities | 33,639 | 33,639 | 33,639 | 33,639 | 33,639 | 33,639 | 0 | 0 |
| total liabilities | 33,639 | 33,639 | 33,639 | 33,639 | 33,639 | 33,639 | 33,639 | 52,250 |
| net assets | 31,361 | 31,361 | 31,361 | 31,361 | 31,361 | 31,361 | 31,361 | -49,874 |
| total shareholders funds | 31,361 | 31,361 | 31,361 | 31,361 | 31,361 | 31,361 | 31,361 | -49,874 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | 0 | 0 | 0 | -65,000 | 65,000 | 0 |
| Creditors | 0 | 0 | 0 | 0 | 0 | -33,639 | -18,611 | 52,250 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 33,639 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 65,000 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -426 | 426 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -426 | 426 |
freeman music group limited Credit Report and Business Information
Freeman Music Group Limited Competitor Analysis
Perform a competitor analysis for freeman music group limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in WC2B area or any other competitors across 12 key performance metrics.
freeman music group limited Ownership
FREEMAN MUSIC GROUP LIMITED group structure
Freeman Music Group Limited has no subsidiary companies.
Ultimate parent company
FREEMAN MUSIC GROUP LIMITED
09654281
freeman music group limited directors
Freeman Music Group Limited currently has 1 director, Mr Patrick Edwards serving since Apr 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Patrick Edwards | United Kingdom | 60 years | Apr 2022 | - | Director |
P&L
June 2023turnover
47.6k
+6%
operating profit
0
0%
gross margin
23.5%
+1.29%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
31.4k
0%
total assets
65k
0%
cash
0
0%
net assets
Total assets minus all liabilities
freeman music group limited company details
company number
09654281
Type
Private limited with Share Capital
industry
90030 - Artistic creation
incorporation date
June 2015
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2023
previous names
cmgroup maintenance ltd (October 2016)
cmgroup maintance ltd (June 2015)
accountant
-
auditor
-
address
16 great queen street, covent garden, london, WC2B 5AH
Bank
-
Legal Advisor
-
freeman music group 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 freeman music group limited.
freeman music group 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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freeman music group limited Companies House Filings - See Documents
| date | description | view/download |
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