sound understanding limited

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sound understanding limited Company Information

Share SOUND UNDERSTANDING LIMITED

Company Number

10582848

Shareholders

jennifer howard

jane rankin

Group Structure

View All

Industry

Other publishing activities

 

Registered Address

scots house scots lane, salisbury, SP1 3TR

sound understanding limited Estimated Valuation

£112.2k

Pomanda estimates the enterprise value of SOUND UNDERSTANDING LIMITED at £112.2k based on a Turnover of £237.1k and 0.47x industry multiple (adjusted for size and gross margin).

sound understanding limited Estimated Valuation

£10.8k

Pomanda estimates the enterprise value of SOUND UNDERSTANDING LIMITED at £10.8k based on an EBITDA of £4.2k and a 2.57x industry multiple (adjusted for size and gross margin).

sound understanding limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SOUND UNDERSTANDING LIMITED at £0 based on Net Assets of £-20.2k and 1.84x industry multiple (adjusted for liquidity).

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Sound Understanding Limited Overview

Sound Understanding Limited is a live company located in salisbury, SP1 3TR with a Companies House number of 10582848. It operates in the other publishing activities sector, SIC Code 58190. Founded in January 2017, it's largest shareholder is jennifer howard with a 80% stake. Sound Understanding Limited is a young, micro sized company, Pomanda has estimated its turnover at £237.1k with declining growth in recent years.

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Sound Understanding Limited Health Check

Pomanda's financial health check has awarded Sound Understanding Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £237.1k, make it smaller than the average company (£1.5m)

£237.1k - Sound Understanding Limited

£1.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (7.5%)

-12% - Sound Understanding Limited

7.5% - Industry AVG

production

Production

with a gross margin of 35.2%, this company has a higher cost of product (56%)

35.2% - Sound Understanding Limited

56% - Industry AVG

profitability

Profitability

an operating margin of 1.8% make it less profitable than the average company (7%)

1.8% - Sound Understanding Limited

7% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (22)

4 - Sound Understanding Limited

22 - Industry AVG

paystructure

Pay Structure

on an average salary of £55.5k, the company has an equivalent pay structure (£55.5k)

£55.5k - Sound Understanding Limited

£55.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £59.3k, this is less efficient (£125.9k)

£59.3k - Sound Understanding Limited

£125.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 82 days, this is later than average (46 days)

82 days - Sound Understanding Limited

46 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 139 days, this is slower than average (44 days)

139 days - Sound Understanding Limited

44 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Sound Understanding Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Sound Understanding Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 126.4%, this is a higher level of debt than the average (59.2%)

126.4% - Sound Understanding Limited

59.2% - Industry AVG

SOUND UNDERSTANDING LIMITED financials

EXPORTms excel logo

Sound Understanding Limited's latest turnover from February 2024 is estimated at £237.1 thousand and the company has net assets of -£20.2 thousand. According to their latest financial statements, Sound Understanding Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018
Turnover237,109237,692293,267352,002406,292449,72655,094
Other Income Or Grants
Cost Of Sales153,769166,453179,212222,472252,636269,84233,267
Gross Profit83,34071,239114,055129,531153,656179,88321,827
Admin Expenses79,14096,034164,780207,713168,0161,69821,360
Operating Profit4,200-24,795-50,725-78,182-14,360178,185467
Interest Payable
Interest Receivable
Pre-Tax Profit4,200-24,795-50,725-78,182-14,360178,185467
Tax-1,050-33,855-89
Profit After Tax3,150-24,795-50,725-78,182-14,360144,330378
Dividends Paid
Retained Profit3,150-24,795-50,725-78,182-14,360144,330378
Employee Costs221,998209,518203,075189,568187,381139,15745,341
Number Of Employees4444431
EBITDA*4,200-24,795-50,725-78,182-14,360178,185467

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018
Tangible Assets22,95622,20527,40026,97215,45916,762
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets22,95622,20527,40026,97215,45916,762
Stock & work in progress
Trade Debtors53,66954,48585,371124,344149,209187,23316,702
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets53,66954,48585,371124,344149,209187,23316,702
total assets76,62576,690112,771151,316164,668203,99516,702
Bank overdraft
Bank loan
Trade Creditors 58,89459,50469,95756,65034,32059,28716,324
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities58,89459,50469,95756,65034,32059,28716,324
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities37,93540,54041,37342,500
provisions
total long term liabilities37,93540,54041,37342,500
total liabilities96,829100,044111,33099,15034,32059,28716,324
net assets-20,204-23,3541,44152,166130,348144,708378
total shareholders funds-20,204-23,3541,44152,166130,348144,708378
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018
Operating Activities
Operating Profit4,200-24,795-50,725-78,182-14,360178,185467
Depreciation
Amortisation
Tax-1,050-33,855-89
Stock
Debtors-816-30,886-38,973-24,865-38,024170,53116,702
Creditors-610-10,45313,30722,330-24,96742,96316,324
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations3,356-4,3621,555-30,987-1,30316,762
Investing Activities
capital expenditure-7515,195-428-11,5131,303-16,762
Change in Investments
cash flow from investments-7515,195-428-11,5131,303-16,762
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-2,605-833-1,12742,500
share issue
interest
cash flow from financing-2,605-833-1,12742,500
cash and cash equivalents
cash
overdraft
change in cash

sound understanding limited 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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Sound Understanding Limited Competitor Analysis

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Perform a competitor analysis for sound understanding limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in SP1 area or any other competitors across 12 key performance metrics.

sound understanding limited Ownership

SOUND UNDERSTANDING LIMITED group structure

Sound Understanding Limited has no subsidiary companies.

Ultimate parent company

SOUND UNDERSTANDING LIMITED

10582848

SOUND UNDERSTANDING LIMITED Shareholders

jennifer howard 80%
jane rankin 20%

sound understanding limited directors

Sound Understanding Limited currently has 1 director, Mrs Jennifer Howard serving since Jan 2017.

officercountryagestartendrole
Mrs Jennifer HowardEngland57 years Jan 2017- Director

P&L

February 2024

turnover

237.1k

0%

operating profit

4.2k

0%

gross margin

35.2%

+17.27%

turnover

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

Balance Sheet

February 2024

net assets

-20.2k

-0.13%

total assets

76.6k

0%

cash

0

0%

net assets

Total assets minus all liabilities

sound understanding limited company details

company number

10582848

Type

Private limited with Share Capital

industry

58190 - Other publishing activities

incorporation date

January 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

February 2024

previous names

N/A

accountant

-

auditor

-

address

scots house scots lane, salisbury, SP1 3TR

Bank

-

Legal Advisor

-

sound understanding 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 sound understanding limited.

sound understanding 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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sound understanding limited Companies House Filings - See Documents

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