kobalt music services ii limited
kobalt music services ii limited Company Information
Company Number
10622119
Website
www.kobaltmusic.comRegistered Address
the river building, 1 cousin lane, london, EC4R 3TE
Industry
Sound recording and music publishing activities
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Shareholders
kobalt london limited 100%
kobalt music services ii limited Estimated Valuation
Pomanda estimates the enterprise value of KOBALT MUSIC SERVICES II LIMITED at £10.3k based on a Turnover of £92k and 0.11x industry multiple (adjusted for size and gross margin).
kobalt music services ii limited Estimated Valuation
Pomanda estimates the enterprise value of KOBALT MUSIC SERVICES II LIMITED at £0 based on an EBITDA of £-130k and a 0.59x industry multiple (adjusted for size and gross margin).
kobalt music services ii limited Estimated Valuation
Pomanda estimates the enterprise value of KOBALT MUSIC SERVICES II LIMITED at £0 based on Net Assets of £-300k and 1.19x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Kobalt Music Services Ii Limited Overview
Kobalt Music Services Ii Limited is a dissolved company that was located in london, EC4R 3TE with a Companies House number of 10622119. It operated in the sound recording and music publishing activities sector, SIC Code 59200. Founded in February 2017, it's largest shareholder was kobalt london limited with a 100% stake. The last turnover for Kobalt Music Services Ii Limited was estimated at £92k.
Upgrade for unlimited company reports & a free credit check
Kobalt Music Services Ii Limited Health Check
There is insufficient data available to calculate a health check for Kobalt Music Services Ii Limited. Company Health Check FAQs
0 Strong
0 Regular
8 Weak
Size
annual sales of £92k, make it smaller than the average company (£530.4k)
£92k - Kobalt Music Services Ii Limited
£530.4k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Kobalt Music Services Ii Limited
- - Industry AVG
Production
with a gross margin of -21.7%, this company has a higher cost of product (47.1%)
-21.7% - Kobalt Music Services Ii Limited
47.1% - Industry AVG
Profitability
an operating margin of -141.3% make it less profitable than the average company (10.3%)
-141.3% - Kobalt Music Services Ii Limited
10.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Kobalt Music Services Ii Limited
4 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Kobalt Music Services Ii Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £92k, this is less efficient (£167.6k)
- Kobalt Music Services Ii Limited
£167.6k - Industry AVG
Debtor Days
it gets paid by customers after 670 days, this is later than average (34 days)
670 days - Kobalt Music Services Ii Limited
34 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Kobalt Music Services Ii Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Kobalt Music Services Ii Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (34 weeks)
0 weeks - Kobalt Music Services Ii Limited
34 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 186%, this is a higher level of debt than the average (67.9%)
186% - Kobalt Music Services Ii Limited
67.9% - Industry AVG
KOBALT MUSIC SERVICES II LIMITED financials
Kobalt Music Services Ii Limited's latest turnover from June 2019 is £92 thousand and the company has net assets of -£300 thousand. According to their latest financial statements, we estimate that Kobalt Music Services Ii Limited has 1 employee and maintains cash reserves of £1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2019 | Jun 2018 | Jun 2017 | |
|---|---|---|---|
| Turnover | 92,000 | 736,000 | 689,000 |
| Other Income Or Grants | 0 | 0 | 0 |
| Cost Of Sales | 112,000 | 719,000 | 718,000 |
| Gross Profit | -20,000 | 17,000 | -29,000 |
| Admin Expenses | 110,000 | 24,000 | 22,000 |
| Operating Profit | -130,000 | -7,000 | -51,000 |
| Interest Payable | 26,000 | 49,000 | 37,000 |
| Interest Receivable | 0 | 0 | 0 |
| Pre-Tax Profit | -156,000 | -56,000 | -88,000 |
| Tax | 0 | 0 | 0 |
| Profit After Tax | -156,000 | -56,000 | -88,000 |
| Dividends Paid | 0 | 0 | 0 |
| Retained Profit | -156,000 | -56,000 | -88,000 |
| Employee Costs | 0 | 0 | 0 |
| Number Of Employees | |||
| EBITDA* | -130,000 | -7,000 | -51,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2019 | Jun 2018 | Jun 2017 | |
|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 169,000 | 454,000 | 548,000 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 179,000 | 630,000 | 1,294,000 |
| Cash | 1,000 | 0 | 1,117,000 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 349,000 | 1,084,000 | 2,959,000 |
| total assets | 349,000 | 1,084,000 | 2,959,000 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 |
| Group/Directors Accounts | 476,000 | 611,000 | 1,514,000 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 173,000 | 617,000 | 1,533,000 |
| total current liabilities | 649,000 | 1,228,000 | 3,047,000 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 |
| total liabilities | 649,000 | 1,228,000 | 3,047,000 |
| net assets | -300,000 | -144,000 | -88,000 |
| total shareholders funds | -300,000 | -144,000 | -88,000 |
| Jun 2019 | Jun 2018 | Jun 2017 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | -130,000 | -7,000 | -51,000 |
| Depreciation | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 |
| Debtors | -736,000 | -758,000 | 1,842,000 |
| Creditors | 0 | 0 | 0 |
| Accruals and Deferred Income | -444,000 | -916,000 | 1,533,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | 162,000 | -165,000 | -360,000 |
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | -135,000 | -903,000 | 1,514,000 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | -26,000 | -49,000 | -37,000 |
| cash flow from financing | -161,000 | -952,000 | 1,477,000 |
| cash and cash equivalents | |||
| cash | 1,000 | -1,117,000 | 1,117,000 |
| overdraft | 0 | 0 | 0 |
| change in cash | 1,000 | -1,117,000 | 1,117,000 |
kobalt music services ii limited Credit Report and Business Information
Kobalt Music Services Ii Limited Competitor Analysis
Perform a competitor analysis for kobalt music services ii limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in EC4R area or any other competitors across 12 key performance metrics.
kobalt music services ii limited Ownership
KOBALT MUSIC SERVICES II LIMITED group structure
Kobalt Music Services Ii Limited has no subsidiary companies.
Ultimate parent company
2 parents
KOBALT MUSIC SERVICES II LIMITED
10622119
kobalt music services ii limited directors
Kobalt Music Services Ii Limited currently has 3 directors. The longest serving directors include Mr Thomas Sansone (May 2017) and Mr Laurent Hubert (Mar 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Thomas Sansone | England | 47 years | May 2017 | - | Director |
| Mr Laurent Hubert | England | 56 years | Mar 2020 | - | Director |
| Mr James Arnay | England | 62 years | Mar 2020 | - | Director |
P&L
June 2019turnover
92k
-88%
operating profit
-130k
+1757%
gross margin
-21.7%
-1041.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2019net assets
-300k
+1.08%
total assets
349k
-0.68%
cash
1k
0%
net assets
Total assets minus all liabilities
kobalt music services ii limited company details
company number
10622119
Type
Private limited with Share Capital
industry
59200 - Sound recording and music publishing activities
incorporation date
February 2017
age
7
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2019
previous names
N/A
accountant
-
auditor
DELOITTE LLP
address
the river building, 1 cousin lane, london, EC4R 3TE
Bank
THE ROYAL BANK OF SCOTLAND PLC, THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
kobalt music services ii 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 kobalt music services ii limited.
kobalt music services ii limited Companies House Filings - See Documents
| date | description | view/download |
|---|
