metropolis music limited
metropolis music limited Company Information
Company Number
10486267
Next Accounts
Sep 2025
Industry
Performing arts
Operation of arts facilities
Shareholders
live nation (music) uk limited
customblock limited
Group Structure
View All
Contact
Registered Address
30 st. john street, london, EC1M 4AY
metropolis music limited Estimated Valuation
Pomanda estimates the enterprise value of METROPOLIS MUSIC LIMITED at £24.9m based on a Turnover of £34.3m and 0.72x industry multiple (adjusted for size and gross margin).
metropolis music limited Estimated Valuation
Pomanda estimates the enterprise value of METROPOLIS MUSIC LIMITED at £21.8m based on an EBITDA of £2.6m and a 8.33x industry multiple (adjusted for size and gross margin).
metropolis music limited Estimated Valuation
Pomanda estimates the enterprise value of METROPOLIS MUSIC LIMITED at £1.6m based on Net Assets of £1.1m and 1.44x industry multiple (adjusted for liquidity).
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Metropolis Music Limited Overview
Metropolis Music Limited is a live company located in london, EC1M 4AY with a Companies House number of 10486267. It operates in the performing arts sector, SIC Code 90010. Founded in November 2016, it's largest shareholder is live nation (music) uk limited with a 75% stake. Metropolis Music Limited is a young, large sized company, Pomanda has estimated its turnover at £34.3m with rapid growth in recent years.
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Metropolis Music Limited Health Check
Pomanda's financial health check has awarded Metropolis Music Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
5 Weak
Size
annual sales of £34.3m, make it larger than the average company (£335.8k)
£34.3m - Metropolis Music Limited
£335.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 210%, show it is growing at a faster rate (6.7%)
210% - Metropolis Music Limited
6.7% - Industry AVG
Production
with a gross margin of 10.9%, this company has a higher cost of product (38.9%)
10.9% - Metropolis Music Limited
38.9% - Industry AVG
Profitability
an operating margin of 7.6% make it more profitable than the average company (2.4%)
7.6% - Metropolis Music Limited
2.4% - Industry AVG
Employees
with 11 employees, this is above the industry average (7)
11 - Metropolis Music Limited
7 - Industry AVG
Pay Structure
on an average salary of £85.8k, the company has a higher pay structure (£26.6k)
£85.8k - Metropolis Music Limited
£26.6k - Industry AVG
Efficiency
resulting in sales per employee of £3.1m, this is more efficient (£71.8k)
£3.1m - Metropolis Music Limited
£71.8k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (10 days)
0 days - Metropolis Music Limited
10 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (25 days)
1 days - Metropolis Music Limited
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Metropolis Music Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 42 weeks, this is less cash available to meet short term requirements (108 weeks)
42 weeks - Metropolis Music Limited
108 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 83.9%, this is a higher level of debt than the average (27.8%)
83.9% - Metropolis Music Limited
27.8% - Industry AVG
METROPOLIS MUSIC LIMITED financials
Metropolis Music Limited's latest turnover from December 2023 is £34.3 million and the company has net assets of £1.1 million. According to their latest financial statements, Metropolis Music Limited has 11 employees and maintains cash reserves of £4.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | 34,325,539 | 21,176,890 | 4,504,164 | 1,153,490 | 13,122,660 | 24,920,537 | 16,281,600 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 30,595,515 | 18,851,813 | 4,013,176 | 924,426 | 12,848,460 | 23,136,340 | 15,443,488 |
| Gross Profit | 3,730,024 | 2,325,077 | 490,988 | 229,064 | 274,200 | 1,784,197 | 838,112 |
| Admin Expenses | 1,108,007 | 1,115,633 | 440,595 | 645,076 | 801,558 | 885,683 | 612,152 |
| Operating Profit | 2,622,017 | 1,209,444 | 50,393 | -416,012 | -527,358 | 898,514 | 225,960 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 304,591 | 49,021 | 1,115 | 993 | 10,347 | 30,618 | 5,112 |
| Pre-Tax Profit | 2,926,608 | 1,258,465 | 51,508 | -415,019 | -517,011 | 929,132 | 231,072 |
| Tax | -471,103 | 464,296 | -360,221 | 148,678 | 163,876 | -15,746 | 16,186 |
| Profit After Tax | 2,455,505 | 1,722,761 | -308,713 | -266,341 | -353,135 | 913,386 | 247,258 |
| Dividends Paid | 2,500,000 | 0 | 0 | 0 | 0 | 800,000 | 0 |
| Retained Profit | -44,495 | 1,722,761 | -308,713 | -266,341 | -353,135 | 113,386 | 247,258 |
| Employee Costs | 944,113 | 702,971 | 563,059 | 474,255 | 559,478 | 475,423 | 382,807 |
| Number Of Employees | 11 | 10 | 9 | 11 | 11 | 10 | 8 |
| EBITDA* | 2,622,017 | 1,209,444 | 50,393 | -415,112 | -526,458 | 902,158 | 229,604 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 900 | 1,800 | 10,933 | 14,577 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 900 | 1,800 | 10,933 | 14,577 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 15,433 | 303,826 | 142,282 | 22,672 | 111,790 | 621,128 | 1,308,690 |
| Group Debtors | 805,418 | 907,647 | 98,921 | 260,617 | 389,569 | 9,443 | 12,211 |
| Misc Debtors | 1,349,711 | 2,863,101 | 1,224,154 | 687,564 | 1,506,281 | 279,923 | 332,756 |
| Cash | 4,736,216 | 10,517,098 | 2,725,809 | 840,216 | 304,091 | 3,016,990 | 2,509,648 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 6,906,778 | 14,591,672 | 4,191,166 | 1,811,069 | 2,311,731 | 3,927,484 | 4,163,305 |
| total assets | 6,906,778 | 14,591,672 | 4,191,166 | 1,811,969 | 2,313,531 | 3,938,417 | 4,177,882 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 91,865 | 155,078 | 357,571 | 41,716 | 12,091 | 222,928 | 90,284 |
| Group/Directors Accounts | 333,272 | 32,070 | 73,341 | 12,397 | 130,701 | 92,319 | 32,217 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 5,370,821 | 13,249,209 | 4,327,700 | 2,016,589 | 2,163,131 | 3,262,427 | 3,808,024 |
| total current liabilities | 5,795,958 | 13,436,357 | 4,758,612 | 2,070,702 | 2,305,923 | 3,577,674 | 3,930,525 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 5,795,958 | 13,436,357 | 4,758,612 | 2,070,702 | 2,305,923 | 3,577,674 | 3,930,525 |
| net assets | 1,110,820 | 1,155,315 | -567,446 | -258,733 | 7,608 | 360,743 | 247,357 |
| total shareholders funds | 1,110,820 | 1,155,315 | -567,446 | -258,733 | 7,608 | 360,743 | 247,357 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 2,622,017 | 1,209,444 | 50,393 | -416,012 | -527,358 | 898,514 | 225,960 |
| Depreciation | 0 | 0 | 0 | 900 | 900 | 3,644 | 3,644 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -471,103 | 464,296 | -360,221 | 148,678 | 163,876 | -15,746 | 16,186 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,904,012 | 2,609,217 | 494,504 | -1,036,787 | 1,097,146 | -743,163 | 1,653,657 |
| Creditors | -63,213 | -202,493 | 315,855 | 29,625 | -210,837 | 132,644 | 90,284 |
| Accruals and Deferred Income | -7,878,388 | 8,921,509 | 2,311,111 | -146,542 | -1,099,296 | -545,597 | 3,808,024 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -3,886,675 | 7,783,539 | 1,822,634 | 653,436 | -2,769,861 | 1,216,622 | 2,490,441 |
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 301,202 | -41,271 | 60,944 | -118,304 | 38,382 | 60,102 | 32,217 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | 304,591 | 49,021 | 1,115 | 993 | 10,347 | 30,618 | 5,112 |
| cash flow from financing | 605,793 | 7,750 | 62,059 | -117,311 | 48,729 | 90,720 | 37,428 |
| cash and cash equivalents | |||||||
| cash | -5,780,882 | 7,791,289 | 1,885,593 | 536,125 | -2,712,899 | 507,342 | 2,509,648 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -5,780,882 | 7,791,289 | 1,885,593 | 536,125 | -2,712,899 | 507,342 | 2,509,648 |
metropolis music limited Credit Report and Business Information
Metropolis Music Limited Competitor Analysis
Perform a competitor analysis for metropolis music limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other large companies, companies in EC1M area or any other competitors across 12 key performance metrics.
metropolis music limited Ownership
METROPOLIS MUSIC LIMITED group structure
Metropolis Music Limited has no subsidiary companies.
Ultimate parent company
LIVE NATION ENTERTAINMENT INC
#0025752
2 parents
METROPOLIS MUSIC LIMITED
10486267
metropolis music limited directors
Metropolis Music Limited currently has 5 directors. The longest serving directors include Mr Stuart Douglas (Nov 2016) and Mr Robert Angus (Jan 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stuart Douglas | England | 57 years | Nov 2016 | - | Director |
| Mr Robert Angus | United Kingdom | 65 years | Jan 2017 | - | Director |
| Mr Denis Desmond | United Kingdom | 71 years | Jan 2017 | - | Director |
| Mr Denis Desmond | Ireland | 71 years | Jan 2017 | - | Director |
| Ms Selina Emeny | 56 years | Aug 2018 | - | Director |
P&L
December 2023turnover
34.3m
+62%
operating profit
2.6m
+117%
gross margin
10.9%
-1.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.1m
-0.04%
total assets
6.9m
-0.53%
cash
4.7m
-0.55%
net assets
Total assets minus all liabilities
metropolis music limited company details
company number
10486267
Type
Private limited with Share Capital
industry
90020 - Support activities to performing arts
90010 - Performing arts
90040 - Operation of arts facilities
incorporation date
November 2016
age
9
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
hamsard 3430 limited (January 2017)
accountant
-
auditor
ERNST & YOUNG LLP
address
30 st. john street, london, EC1M 4AY
Bank
HSBC BANK PLC, HSBC BANK PLC
Legal Advisor
-
metropolis 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 metropolis music limited.
metropolis 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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metropolis music limited Companies House Filings - See Documents
| date | description | view/download |
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