mosquito music ltd
mosquito music ltd Company Information
Company Number
10705994
Website
mosquitomusic.comRegistered Address
7 cromwell road, bournemouth, BH5 2JN
Industry
Video production activities
Sound recording and music publishing activities
Telephone
-
Next Accounts Due
January 2025
Group Structure
View All
Directors
Matthew Thomas7 Years
Shareholders
matthew thomas 100%
mosquito music ltd Estimated Valuation
Pomanda estimates the enterprise value of MOSQUITO MUSIC LTD at £5.5k based on a Turnover of £14k and 0.39x industry multiple (adjusted for size and gross margin).
mosquito music ltd Estimated Valuation
Pomanda estimates the enterprise value of MOSQUITO MUSIC LTD at £0 based on an EBITDA of £-3 and a 2.05x industry multiple (adjusted for size and gross margin).
mosquito music ltd Estimated Valuation
Pomanda estimates the enterprise value of MOSQUITO MUSIC LTD at £3.2k based on Net Assets of £2.4k and 1.31x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mosquito Music Ltd Overview
Mosquito Music Ltd is a live company located in bournemouth, BH5 2JN with a Companies House number of 10705994. It operates in the sound recording and music publishing activities sector, SIC Code 59200. Founded in April 2017, it's largest shareholder is matthew thomas with a 100% stake. Mosquito Music Ltd is a young, micro sized company, Pomanda has estimated its turnover at £14k with declining growth in recent years.
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Mosquito Music Ltd Health Check
Pomanda's financial health check has awarded Mosquito Music Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £14k, make it smaller than the average company (£326.9k)
- Mosquito Music Ltd
£326.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (12.2%)
- Mosquito Music Ltd
12.2% - Industry AVG
Production
with a gross margin of 21.4%, this company has a higher cost of product (49.2%)
- Mosquito Music Ltd
49.2% - Industry AVG
Profitability
an operating margin of -5.3% make it less profitable than the average company (8.5%)
- Mosquito Music Ltd
8.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (2)
- Mosquito Music Ltd
2 - Industry AVG
Pay Structure
on an average salary of £29.4k, the company has an equivalent pay structure (£29.4k)
- Mosquito Music Ltd
£29.4k - Industry AVG
Efficiency
resulting in sales per employee of £14k, this is less efficient (£104.1k)
- Mosquito Music Ltd
£104.1k - Industry AVG
Debtor Days
it gets paid by customers after 79 days, this is later than average (44 days)
- Mosquito Music Ltd
44 days - Industry AVG
Creditor Days
its suppliers are paid after 278 days, this is slower than average (42 days)
- Mosquito Music Ltd
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mosquito Music Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 40 weeks, this is more cash available to meet short term requirements (24 weeks)
40 weeks - Mosquito Music Ltd
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 78.1%, this is a similar level of debt than the average (72%)
78.1% - Mosquito Music Ltd
72% - Industry AVG
MOSQUITO MUSIC LTD financials
Mosquito Music Ltd's latest turnover from April 2023 is estimated at £14 thousand and the company has net assets of £2.4 thousand. According to their latest financial statements, we estimate that Mosquito Music Ltd has 1 employee and maintains cash reserves of £6.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| 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 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 1,505 | 1,222 | 1,823 | 1,133 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,505 | 1,222 | 1,823 | 1,133 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 3,039 | 6,458 | 2,129 | 3,800 | 3,800 | 3,800 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 6,501 | 1,001 | 6,132 | 16,257 | 13,603 | 4,734 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 9,540 | 7,459 | 8,261 | 20,057 | 17,403 | 8,534 |
| total assets | 11,045 | 8,681 | 10,084 | 21,190 | 17,403 | 8,534 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 8,390 | 5,440 | 9,229 | 19,559 | 15,564 | 8,363 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 8,390 | 5,440 | 9,229 | 19,559 | 15,564 | 8,363 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 232 | 232 | 346 | 0 | 0 | 0 |
| total long term liabilities | 232 | 232 | 346 | 0 | 0 | 0 |
| total liabilities | 8,622 | 5,672 | 9,575 | 19,559 | 15,564 | 8,363 |
| net assets | 2,423 | 3,009 | 509 | 1,631 | 1,839 | 171 |
| total shareholders funds | 2,423 | 3,009 | 509 | 1,631 | 1,839 | 171 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 742 | 601 | 897 | 558 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -3,419 | 4,329 | -1,671 | 0 | 0 | 3,800 |
| Creditors | 2,950 | -3,789 | -10,330 | 3,995 | 7,201 | 8,363 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | -114 | 346 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 5,500 | -5,131 | -10,125 | 2,654 | 8,869 | 4,734 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 5,500 | -5,131 | -10,125 | 2,654 | 8,869 | 4,734 |
mosquito music ltd Credit Report and Business Information
Mosquito Music Ltd Competitor Analysis
Perform a competitor analysis for mosquito music ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in BH5 area or any other competitors across 12 key performance metrics.
mosquito music ltd Ownership
MOSQUITO MUSIC LTD group structure
Mosquito Music Ltd has no subsidiary companies.
Ultimate parent company
MOSQUITO MUSIC LTD
10705994
mosquito music ltd directors
Mosquito Music Ltd currently has 1 director, Mr Matthew Thomas serving since Apr 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Matthew Thomas | England | 54 years | Apr 2017 | - | Director |
P&L
April 2023turnover
14k
-11%
operating profit
-745.4
0%
gross margin
21.5%
+2.68%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
2.4k
-0.19%
total assets
11k
+0.27%
cash
6.5k
+5.49%
net assets
Total assets minus all liabilities
Similar Companies
mosquito music ltd company details
company number
10705994
Type
Private limited with Share Capital
industry
59112 - Video production activities
59200 - Sound recording and music publishing activities
incorporation date
April 2017
age
7
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
April 2023
previous names
N/A
accountant
BURNBECKS LIMITED
auditor
-
address
7 cromwell road, bournemouth, BH5 2JN
Bank
-
Legal Advisor
-
mosquito music 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 mosquito music ltd.
mosquito music ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
