audiogum uk limited
audiogum uk limited Company Information
Company Number
10151657
Next Accounts
1512 days late
Shareholders
dotcom development limited
jamie robertson
View AllGroup Structure
View All
Industry
Business and domestic software development
Registered Address
2nd floor 40 queen square, bristol, BS1 4QP
Website
www.audiogum.comaudiogum uk limited Estimated Valuation
Pomanda estimates the enterprise value of AUDIOGUM UK LIMITED at £1.6m based on a Turnover of £1.8m and 0.89x industry multiple (adjusted for size and gross margin).
audiogum uk limited Estimated Valuation
Pomanda estimates the enterprise value of AUDIOGUM UK LIMITED at £0 based on an EBITDA of £-1.9m and a 5.52x industry multiple (adjusted for size and gross margin).
audiogum uk limited Estimated Valuation
Pomanda estimates the enterprise value of AUDIOGUM UK LIMITED at £0 based on Net Assets of £-3.8m and 2.37x industry multiple (adjusted for liquidity).
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Audiogum Uk Limited Overview
Audiogum Uk Limited is a live company located in bristol, BS1 4QP with a Companies House number of 10151657. It operates in the business and domestic software development sector, SIC Code 62012. Founded in April 2016, it's largest shareholder is dotcom development limited with a 84.3% stake. Audiogum Uk Limited is a young, small sized company, Pomanda has estimated its turnover at £1.8m with unknown growth in recent years.
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Audiogum Uk Limited Health Check
Pomanda's financial health check has awarded Audiogum Uk Limited a 1 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
4 Regular
6 Weak
Size
annual sales of £1.8m, make it in line with the average company (£2.1m)
- Audiogum Uk Limited
£2.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Audiogum Uk Limited
- - Industry AVG
Production
with a gross margin of 72.8%, this company has a comparable cost of product (72.8%)
- Audiogum Uk Limited
72.8% - Industry AVG
Profitability
an operating margin of -107.9% make it less profitable than the average company (4.4%)
- Audiogum Uk Limited
4.4% - Industry AVG
Employees
with 22 employees, this is below the industry average (38)
22 - Audiogum Uk Limited
38 - Industry AVG
Pay Structure
on an average salary of £61.5k, the company has an equivalent pay structure (£61.5k)
- Audiogum Uk Limited
£61.5k - Industry AVG
Efficiency
resulting in sales per employee of £81.4k, this is less efficient (£109.8k)
- Audiogum Uk Limited
£109.8k - Industry AVG
Debtor Days
it gets paid by customers after 58 days, this is near the average (65 days)
- Audiogum Uk Limited
65 days - Industry AVG
Creditor Days
its suppliers are paid after 28 days, this is quicker than average (46 days)
- Audiogum Uk Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Audiogum Uk Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is less cash available to meet short term requirements (16 weeks)
12 weeks - Audiogum Uk Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 253.2%, this is a higher level of debt than the average (63.5%)
253.2% - Audiogum Uk Limited
63.5% - Industry AVG
AUDIOGUM UK LIMITED financials
Audiogum Uk Limited's latest turnover from December 2018 is estimated at £1.8 million and the company has net assets of -£3.8 million. According to their latest financial statements, Audiogum Uk Limited has 22 employees and maintains cash reserves of £486.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2018 | Dec 2017 | Dec 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 | 22 | 19 | 18 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|
| Tangible Assets | 84,572 | 109,270 | 136,621 |
| Intangible Assets | 56,503 | 61,506 | 77,449 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 1,303,193 | 764,091 | 280,010 |
| Total Fixed Assets | 1,444,268 | 934,867 | 494,080 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 287,018 | 50,015 | 0 |
| Group Debtors | 24,308 | 35,762 | 0 |
| Misc Debtors | 258,082 | 257,082 | 281,070 |
| Cash | 486,236 | 1,736,522 | 705,058 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 1,055,644 | 2,079,381 | 986,128 |
| total assets | 2,499,912 | 3,014,248 | 1,480,208 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 37,350 | 39,943 | 91,218 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 1,912,734 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 144,600 | 119,786 | 94,744 |
| total current liabilities | 2,094,684 | 159,729 | 185,962 |
| loans | 4,234,136 | 2,684,885 | 1,627,445 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 1,605,775 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 4,234,136 | 4,290,660 | 1,627,445 |
| total liabilities | 6,328,820 | 4,450,389 | 1,813,407 |
| net assets | -3,828,908 | -1,436,141 | -333,199 |
| total shareholders funds | -3,828,908 | -1,436,141 | -333,199 |
| Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 35,532 | 33,219 | 4,851 |
| Amortisation | 15,943 | 15,943 | 2,265 |
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | 765,651 | 545,870 | 561,080 |
| Creditors | -2,593 | -51,275 | 91,218 |
| Accruals and Deferred Income | 24,814 | 25,042 | 94,744 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 1,912,734 | 0 | 0 |
| Long term loans | 1,549,251 | 1,057,440 | 1,627,445 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | -1,605,775 | 1,605,775 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -1,250,286 | 1,031,464 | 705,058 |
| overdraft | 0 | 0 | 0 |
| change in cash | -1,250,286 | 1,031,464 | 705,058 |
audiogum uk limited Credit Report and Business Information
Audiogum Uk Limited Competitor Analysis
Perform a competitor analysis for audiogum uk limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in BS1 area or any other competitors across 12 key performance metrics.
audiogum uk limited Ownership
AUDIOGUM UK LIMITED group structure
Audiogum Uk Limited has no subsidiary companies.
Ultimate parent company
DOTCOM DEVELOPMENT LTD
#0044828
1 parent
AUDIOGUM UK LIMITED
10151657
audiogum uk limited directors
Audiogum Uk Limited currently has 2 directors. The longest serving directors include Mr Jamie Robertson (Apr 2016) and Mr Song Liu (Sep 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jamie Robertson | England | 51 years | Apr 2016 | - | Director |
| Mr Song Liu | 49 years | Sep 2016 | - | Director |
P&L
December 2018turnover
1.8m
+89%
operating profit
-1.9m
0%
gross margin
72.9%
+0.5%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2018net assets
-3.8m
+1.67%
total assets
2.5m
-0.17%
cash
486.2k
-0.72%
net assets
Total assets minus all liabilities
audiogum uk limited company details
company number
10151657
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
April 2016
age
9
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2018
previous names
N/A
accountant
LESLIE DARK & CO
auditor
-
address
2nd floor 40 queen square, bristol, BS1 4QP
Bank
-
Legal Advisor
-
audiogum uk 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 audiogum uk limited.
audiogum uk 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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audiogum uk limited Companies House Filings - See Documents
| date | description | view/download |
|---|
