new heavy sounds ltd
new heavy sounds ltd Company Information
Company Number
10836105
Website
-Registered Address
13e satellite studios queensway, enfield, EN3 4SA
Industry
Support activities to performing arts
Telephone
02077315125
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
paul cox 50%
gerard murphy 50%
new heavy sounds ltd Estimated Valuation
Pomanda estimates the enterprise value of NEW HEAVY SOUNDS LTD at £22.6k based on a Turnover of £80.9k and 0.28x industry multiple (adjusted for size and gross margin).
new heavy sounds ltd Estimated Valuation
Pomanda estimates the enterprise value of NEW HEAVY SOUNDS LTD at £0 based on an EBITDA of £-6.7k and a 2.77x industry multiple (adjusted for size and gross margin).
new heavy sounds ltd Estimated Valuation
Pomanda estimates the enterprise value of NEW HEAVY SOUNDS LTD at £0 based on Net Assets of £-49.8k and 0.63x industry multiple (adjusted for liquidity).
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New Heavy Sounds Ltd Overview
New Heavy Sounds Ltd is a live company located in enfield, EN3 4SA with a Companies House number of 10836105. It operates in the support activities to performing arts sector, SIC Code 90020. Founded in June 2017, it's largest shareholder is paul cox with a 50% stake. New Heavy Sounds Ltd is a young, micro sized company, Pomanda has estimated its turnover at £80.9k with low growth in recent years.
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New Heavy Sounds Ltd Health Check
Pomanda's financial health check has awarded New Heavy Sounds Ltd a 1.5 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
1 Regular
7 Weak
Size
annual sales of £80.9k, make it smaller than the average company (£267.8k)
- New Heavy Sounds Ltd
£267.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (4.9%)
- New Heavy Sounds Ltd
4.9% - Industry AVG
Production
with a gross margin of 12.5%, this company has a higher cost of product (39.2%)
- New Heavy Sounds Ltd
39.2% - Industry AVG
Profitability
an operating margin of -8.3% make it less profitable than the average company (6.2%)
- New Heavy Sounds Ltd
6.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - New Heavy Sounds Ltd
4 - Industry AVG
Pay Structure
on an average salary of £28.8k, the company has an equivalent pay structure (£28.8k)
- New Heavy Sounds Ltd
£28.8k - Industry AVG
Efficiency
resulting in sales per employee of £40.5k, this is less efficient (£73.5k)
- New Heavy Sounds Ltd
£73.5k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (14 days)
- New Heavy Sounds Ltd
14 days - Industry AVG
Creditor Days
its suppliers are paid after 260 days, this is slower than average (30 days)
- New Heavy Sounds Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- New Heavy Sounds Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - New Heavy Sounds Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7815.2%, this is a higher level of debt than the average (31.8%)
7815.2% - New Heavy Sounds Ltd
31.8% - Industry AVG
NEW HEAVY SOUNDS LTD financials
New Heavy Sounds Ltd's latest turnover from June 2023 is estimated at £80.9 thousand and the company has net assets of -£49.8 thousand. According to their latest financial statements, New Heavy Sounds Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 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 | 2 | 2 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 646 | 557 | 1,349 | 1,102 | 800 | 2,072 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 646 | 557 | 1,349 | 1,102 | 800 | 2,072 |
| total assets | 646 | 557 | 1,349 | 1,102 | 800 | 2,072 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 50,486 | 43,696 | 43,386 | 35,486 | 32,377 | 16,604 |
| 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 | 50,486 | 43,696 | 43,386 | 35,486 | 32,377 | 16,604 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 50,486 | 43,696 | 43,386 | 35,486 | 32,377 | 16,604 |
| net assets | -49,840 | -43,139 | -42,037 | -34,384 | -31,577 | -14,532 |
| total shareholders funds | -49,840 | -43,139 | -42,037 | -34,384 | -31,577 | -14,532 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 89 | -792 | 247 | 302 | -1,272 | 2,072 |
| Creditors | 6,790 | 310 | 7,900 | 3,109 | 15,773 | 16,604 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
new heavy sounds ltd Credit Report and Business Information
New Heavy Sounds Ltd Competitor Analysis
Perform a competitor analysis for new heavy sounds ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in EN3 area or any other competitors across 12 key performance metrics.
new heavy sounds ltd Ownership
NEW HEAVY SOUNDS LTD group structure
New Heavy Sounds Ltd has no subsidiary companies.
Ultimate parent company
NEW HEAVY SOUNDS LTD
10836105
new heavy sounds ltd directors
New Heavy Sounds Ltd currently has 2 directors. The longest serving directors include Mr Paul Cox (Jun 2017) and Mr Gerard Murphy (Jun 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Cox | United Kingdom | 60 years | Jun 2017 | - | Director |
| Mr Gerard Murphy | United Kingdom | 65 years | Jun 2017 | - | Director |
P&L
June 2023turnover
80.9k
+51%
operating profit
-6.7k
0%
gross margin
12.6%
-2.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-49.8k
+0.16%
total assets
646
+0.16%
cash
0
0%
net assets
Total assets minus all liabilities
new heavy sounds ltd company details
company number
10836105
Type
Private limited with Share Capital
industry
90020 - Support activities to performing arts
incorporation date
June 2017
age
7
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
June 2023
address
13e satellite studios queensway, enfield, EN3 4SA
accountant
-
auditor
-
new heavy sounds 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 new heavy sounds ltd.
new heavy sounds ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
