Pomanda estimates the enterprise value of MYKL SONGS LTD at £99.9k based on a Turnover of £232.1k and 0.43x industry multiple (adjusted for size and gross margin).
mykl songs ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of MYKL SONGS LTD at £0 based on an EBITDA of £-1.6k and a 6.08x industry multiple (adjusted for size and gross margin).
mykl songs ltdEstimated Valuation
£42.8k
Pomanda estimates the enterprise value of MYKL SONGS LTD at £42.8k based on Net Assets of £46.6k and 0.92x industry multiple (adjusted for liquidity).
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Mykl Songs LtdOverview
Mykl Songs Ltd is a live company located in herts, EN4 9HN with a Companies House number of 10535936. It operates in the artistic creation sector, SIC Code 90030. Founded in December 2016, it's largest shareholder is
black canvas holdings ltd
with a 100% stake. Mykl Songs Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£232.1k with
low
growth in recent years.
Pomanda's financial health check has awarded Mykl Songs Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
1 Strong
3 Regular
5 Weak
Size
annual sales of £232.1k, make it smaller than the average company (£300.7k)
£232.1k - Mykl Songs Ltd
£300.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (5.2%)
3% - Mykl Songs Ltd
5.2% - Industry AVG
Production
with a gross margin of 49.8%, this company has a comparable cost of product (49.8%)
49.8% - Mykl Songs Ltd
49.8% - Industry AVG
Profitability
an operating margin of -5.8% make it less profitable than the average company (6.4%)
-5.8% - Mykl Songs Ltd
6.4% - Industry AVG
Employees
with 3 employees, this is below the industry average (5)
3 - Mykl Songs Ltd
5 - Industry AVG
Pay Structure
on an average salary of £27k, the company has an equivalent pay structure (£27k)
£27k - Mykl Songs Ltd
£27k - Industry AVG
Efficiency
resulting in sales per employee of £77.4k, this is equally as efficient (£77.4k)
£77.4k - Mykl Songs Ltd
£77.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Mykl Songs Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Mykl Songs Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mykl Songs Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 26 weeks, this is less cash available to meet short term requirements (85 weeks)
26 weeks - Mykl Songs Ltd
85 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 15.4%, this is a lower level of debt than the average (36.1%)
15.4% - Mykl Songs Ltd
36.1% - Industry AVG
MYKL SONGS LTD financials
EXPORT
Mykl Songs Ltd's latest turnover from June 2023 is estimated at £232.1 thousand and the company has net assets of £46.6 thousand. According to their latest financial statements, Mykl Songs Ltd has 3 employees and maintains cash reserves of £4.3 thousand 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
Turnover
232,086
106,320
134,225
213,828
242,657
230,129
204,881
Other Income Or Grants
Cost Of Sales
116,427
44,506
53,394
87,949
95,406
99,022
6,164
Gross Profit
115,659
61,814
80,831
125,879
147,250
131,107
121,277
Admin Expenses
129,169
72,126
99,631
101,048
69,043
128,174
117,437
Operating Profit
-13,510
-10,312
-18,800
24,831
78,207
2,933
3,840
Interest Payable
Interest Receivable
162
92
6
3
23
Pre-Tax Profit
-13,348
-10,220
-18,794
24,835
78,231
2,933
3,840
Tax
-4,719
-14,864
-557
-758
Profit After Tax
-13,348
-10,220
-18,794
20,116
63,367
2,376
3,082
Dividends Paid
Retained Profit
-13,348
-10,220
-18,794
20,116
63,367
2,376
3,082
Employee Costs
80,927
53,296
54,127
77,329
75,334
77,723
76,402
Number Of Employees
3
2
2
3
3
3
3
EBITDA*
-1,601
1,326
-10,664
24,831
78,207
2,933
3,840
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Tangible Assets
4,405
15,491
16,519
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
4,405
15,491
16,519
Stock & work in progress
Trade Debtors
9,000
Group Debtors
46,102
54,025
45,900
93,418
77,281
5,896
Misc Debtors
295
451
8,204
180
110
1
Cash
4,262
2,236
12,554
242
6,229
8
misc current assets
10
10
1
total current assets
50,659
56,722
66,668
93,660
83,690
6,015
9,001
total assets
55,064
72,213
83,187
93,660
83,690
6,015
9,001
Bank overdraft
Bank loan
Trade Creditors
1
Group/Directors Accounts
8,484
12,284
13,039
other short term finances
hp & lease commitments
other current liabilities
4,718
14,864
556
5,918
total current liabilities
8,484
12,285
13,039
4,718
14,864
556
5,918
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
8,484
12,285
13,039
4,718
14,864
556
5,918
net assets
46,580
59,928
70,148
88,942
68,826
5,459
3,083
total shareholders funds
46,580
59,928
70,148
88,942
68,826
5,459
3,083
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Operating Activities
Operating Profit
-13,510
-10,312
-18,800
24,831
78,207
2,933
3,840
Depreciation
11,909
11,638
8,136
Amortisation
Tax
-4,719
-14,864
-557
-758
Stock
Debtors
-8,079
372
-39,314
15,957
71,455
-2,995
9,001
Creditors
-1
1
Accruals and Deferred Income
-4,718
-10,146
14,308
-5,362
5,918
Deferred Taxes & Provisions
Cash flow from operations
6,477
955
23,932
-5,991
6,196
9
-1
Investing Activities
capital expenditure
-823
-10,610
-24,655
Change in Investments
cash flow from investments
-823
-10,610
-24,655
Financing Activities
Bank loans
Group/Directors Accounts
-3,800
-755
13,039
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1
interest
162
92
6
3
23
cash flow from financing
-3,638
-663
13,045
3
23
1
cash and cash equivalents
cash
2,026
-10,318
12,312
-5,987
6,221
8
overdraft
change in cash
2,026
-10,318
12,312
-5,987
6,221
8
mykl songs ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for mykl songs ltd. Get real-time insights into mykl songs ltd's credit score, group structure and payment trends.
Perform a competitor analysis for mykl songs ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in EN4 area or any other competitors across 12 key performance metrics.
woodgate house 2-8 games road, cockfosters, herts, EN4 9HN
Bank
-
Legal Advisor
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mykl songs 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 mykl songs ltd.
mykl songs ltd Capital Raised & Share Issues BETA
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mykl songs ltdCompanies House Filings - See Documents
