sound improvements ltd

0.5

sound improvements ltd Company Information

Share SOUND IMPROVEMENTS LTD
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Company Number

10813602

Website

-

Registered Address

3 ferry road, shoreham by sea, west sussex, BN43 5RA

Industry

Non-trading company

 

Telephone

-

Next Accounts Due

September 2024

Group Structure

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Directors

Gordon Harris7 Years

Shareholders

gordon james harris 100%

sound improvements ltd Estimated Valuation

£194

Pomanda estimates the enterprise value of SOUND IMPROVEMENTS LTD at £194 based on a Turnover of £501 and 0.39x industry multiple (adjusted for size and gross margin).

sound improvements ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of SOUND IMPROVEMENTS LTD at £0 based on an EBITDA of £0 and a 3x industry multiple (adjusted for size and gross margin).

sound improvements ltd Estimated Valuation

£47

Pomanda estimates the enterprise value of SOUND IMPROVEMENTS LTD at £47 based on Net Assets of £100 and 0.48x industry multiple (adjusted for liquidity).

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Sound Improvements Ltd Overview

Sound Improvements Ltd is a live company located in west sussex, BN43 5RA with a Companies House number of 10813602. It operates in the non-trading company sector, SIC Code 74990. Founded in June 2017, it's largest shareholder is gordon james harris with a 100% stake. Sound Improvements Ltd is a young, micro sized company, Pomanda has estimated its turnover at £501.6 with low growth in recent years.

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Sound Improvements Ltd Health Check

Pomanda's financial health check has awarded Sound Improvements Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £501.6, make it smaller than the average company (£3.9m)

£501.6 - Sound Improvements Ltd

£3.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (2.9%)

1% - Sound Improvements Ltd

2.9% - Industry AVG

production

Production

with a gross margin of 18.1%, this company has a higher cost of product (35.7%)

18.1% - Sound Improvements Ltd

35.7% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Sound Improvements Ltd

- - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (40)

1 - Sound Improvements Ltd

40 - Industry AVG

paystructure

Pay Structure

on an average salary of £40k, the company has an equivalent pay structure (£40k)

£40k - Sound Improvements Ltd

£40k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £501.6, this is less efficient (£150.1k)

£501.6 - Sound Improvements Ltd

£150.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 72 days, this is later than average (43 days)

72 days - Sound Improvements Ltd

43 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Sound Improvements Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Sound Improvements Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Sound Improvements Ltd

- - Industry AVG

debtlevel

Debt Level

There is insufficient data available for this Key Performance Indicator!

- - Sound Improvements Ltd

- - Industry AVG

SOUND IMPROVEMENTS LTD financials

EXPORTms excel logo

Sound Improvements Ltd's latest turnover from December 2022 is estimated at £502 and the company has net assets of £100. According to their latest financial statements, we estimate that Sound Improvements Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
Turnover502474496484472466
Other Income Or Grants000000
Cost Of Sales411400415400390385
Gross Profit917481858281
Admin Expenses9174818582-42
Operating Profit00000123
Interest Payable000000
Interest Receivable000000
Pre-Tax Profit00000123
Tax00000-23
Profit After Tax00000100
Dividends Paid000000
Retained Profit00000100
Employee Costs39,98337,64437,00636,49936,65335,197
Number Of Employees111111
EBITDA*00000123

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
Tangible Assets000000
Intangible Assets000000
Investments & Other000000
Debtors (Due After 1 year)000000
Total Fixed Assets000000
Stock & work in progress000000
Trade Debtors100100100100100100
Group Debtors000000
Misc Debtors000000
Cash000000
misc current assets000000
total current assets100100100100100100
total assets100100100100100100
Bank overdraft000000
Bank loan000000
Trade Creditors 000000
Group/Directors Accounts000000
other short term finances000000
hp & lease commitments000000
other current liabilities000000
total current liabilities000000
loans000000
hp & lease commitments000000
Accruals and Deferred Income000000
other liabilities000000
provisions000000
total long term liabilities000000
total liabilities000000
net assets100100100100100100
total shareholders funds100100100100100100
Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
Operating Activities
Operating Profit00000123
Depreciation000000
Amortisation000000
Tax00000-23
Stock000000
Debtors00000100
Creditors000000
Accruals and Deferred Income000000
Deferred Taxes & Provisions000000
Cash flow from operations000000
Investing Activities
capital expenditure000000
Change in Investments000000
cash flow from investments000000
Financing Activities
Bank loans000000
Group/Directors Accounts000000
Other Short Term Loans 000000
Long term loans000000
Hire Purchase and Lease Commitments000000
other long term liabilities000000
share issue000000
interest000000
cash flow from financing000000
cash and cash equivalents
cash000000
overdraft000000
change in cash000000

sound improvements ltd 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 Improvements Ltd Competitor Analysis

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competitor_analysis_table_img

Perform a competitor analysis for sound improvements ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in BN43 area or any other competitors across 12 key performance metrics.

sound improvements ltd Ownership

SOUND IMPROVEMENTS LTD group structure

Sound Improvements Ltd has no subsidiary companies.

Ultimate parent company

SOUND IMPROVEMENTS LTD

10813602

SOUND IMPROVEMENTS LTD Shareholders

gordon james harris 100%

sound improvements ltd directors

Sound Improvements Ltd currently has 1 director, Mr Gordon Harris serving since Jun 2017.

officercountryagestartendrole
Mr Gordon HarrisUnited Kingdom79 years Jun 2017- Director

P&L

December 2022

turnover

501.6

+6%

operating profit

0

0%

gross margin

18.2%

+15.85%

turnover

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

Balance Sheet

December 2022

net assets

100

0%

total assets

100

0%

cash

0

0%

net assets

Total assets minus all liabilities

sound improvements ltd company details

company number

10813602

Type

Private limited with Share Capital

industry

74990 - Non-trading company

incorporation date

June 2017

age

7

incorporated

UK

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

last accounts submitted

December 2022

address

3 ferry road, shoreham by sea, west sussex, BN43 5RA

accountant

ROBERT BAKER & CO

auditor

-

sound improvements 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 sound improvements ltd.

charges

sound improvements ltd Companies House Filings - See Documents

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