audio alpha ltd
audio alpha ltd Company Information
Company Number
11159351
Website
https://audioalpha.co.ukRegistered Address
30 harding street, leicester, leicestershire, LE1 4DH
Industry
Other business support service activities n.e.c.
Telephone
02036511616
Next Accounts Due
55 days late
Group Structure
View All
Directors
Giles Smith6 Years
Shareholders
giles garwell smith 100%
audio alpha ltd Estimated Valuation
Pomanda estimates the enterprise value of AUDIO ALPHA LTD at £35.2k based on a Turnover of £62.4k and 0.56x industry multiple (adjusted for size and gross margin).
audio alpha ltd Estimated Valuation
Pomanda estimates the enterprise value of AUDIO ALPHA LTD at £0 based on an EBITDA of £-276.3k and a 4.31x industry multiple (adjusted for size and gross margin).
audio alpha ltd Estimated Valuation
Pomanda estimates the enterprise value of AUDIO ALPHA LTD at £0 based on Net Assets of £-233.5k and 2.57x industry multiple (adjusted for liquidity).
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Audio Alpha Ltd Overview
Audio Alpha Ltd is a live company located in leicestershire, LE1 4DH with a Companies House number of 11159351. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in January 2018, it's largest shareholder is giles garwell smith with a 100% stake. Audio Alpha Ltd is a young, micro sized company, Pomanda has estimated its turnover at £62.4k with low growth in recent years.
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Audio Alpha Ltd Health Check
Pomanda's financial health check has awarded Audio Alpha Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
8 Weak
Size
annual sales of £62.4k, make it smaller than the average company (£2.9m)
- Audio Alpha Ltd
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (2.5%)
- Audio Alpha Ltd
2.5% - Industry AVG
Production
with a gross margin of 38.7%, this company has a comparable cost of product (38.7%)
- Audio Alpha Ltd
38.7% - Industry AVG
Profitability
an operating margin of -449.1% make it less profitable than the average company (6.6%)
- Audio Alpha Ltd
6.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (21)
- Audio Alpha Ltd
21 - Industry AVG
Pay Structure
on an average salary of £44.9k, the company has an equivalent pay structure (£44.9k)
- Audio Alpha Ltd
£44.9k - Industry AVG
Efficiency
resulting in sales per employee of £62.4k, this is less efficient (£136.4k)
- Audio Alpha Ltd
£136.4k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is later than average (43 days)
- Audio Alpha Ltd
43 days - Industry AVG
Creditor Days
its suppliers are paid after 35 days, this is close to average (35 days)
- Audio Alpha Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Audio Alpha Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (27 weeks)
2 weeks - Audio Alpha Ltd
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 490.6%, this is a higher level of debt than the average (63%)
490.6% - Audio Alpha Ltd
63% - Industry AVG
AUDIO ALPHA LTD financials
Audio Alpha Ltd's latest turnover from November 2022 is estimated at £62.4 thousand and the company has net assets of -£233.5 thousand. According to their latest financial statements, we estimate that Audio Alpha Ltd has 1 employee and maintains cash reserves of £11.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2022 | Nov 2021 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2022 | Nov 2021 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 6,107 | 6,668 | 1,102 | 4,614 | 7,198 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 6,107 | 6,668 | 1,102 | 4,614 | 7,198 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 10,702 | 12,676 | 132,461 | 3,106 | 4,231 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 31,744 | 267,899 | 129,004 | 74,342 | 57,931 |
| Cash | 11,219 | 27,210 | 46,175 | 62 | 5,495 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 53,665 | 307,785 | 307,640 | 77,510 | 67,657 |
| total assets | 59,772 | 314,453 | 308,742 | 82,124 | 74,855 |
| Bank overdraft | 8,580 | 8,580 | 3,750 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,727 | 12,174 | 3,211 | 8,897 | 2,011 |
| Group/Directors Accounts | 0 | 2,056 | 23,092 | 12,779 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 258,406 | 211,404 | 252,786 | 34,038 | 43,147 |
| total current liabilities | 270,713 | 234,214 | 282,839 | 55,714 | 45,158 |
| loans | 21,450 | 30,030 | 21,250 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 1,085 | 910 | 0 | 431 | 893 |
| total long term liabilities | 22,535 | 30,940 | 21,250 | 431 | 893 |
| total liabilities | 293,248 | 265,154 | 304,089 | 56,145 | 46,051 |
| net assets | -233,476 | 49,299 | 4,653 | 25,979 | 28,804 |
| total shareholders funds | -233,476 | 49,299 | 4,653 | 25,979 | 28,804 |
| Nov 2022 | Nov 2021 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 3,996 | 2,315 | 2,962 | 3,437 | 3,224 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -238,129 | 203,127 | 184,017 | 15,286 | 62,162 |
| Creditors | -8,447 | 3,277 | -5,686 | 6,886 | 2,011 |
| Accruals and Deferred Income | 47,002 | 177,366 | 218,748 | -9,109 | 43,147 |
| Deferred Taxes & Provisions | 175 | 479 | -431 | -462 | 893 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -2,056 | -10,723 | 10,313 | 12,779 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -8,580 | 30,030 | 21,250 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -15,991 | 27,148 | 46,113 | -5,433 | 5,495 |
| overdraft | 0 | 8,580 | 3,750 | 0 | 0 |
| change in cash | -15,991 | 18,568 | 42,363 | -5,433 | 5,495 |
audio alpha ltd Credit Report and Business Information
Audio Alpha Ltd Competitor Analysis
Perform a competitor analysis for audio alpha ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in LE1 area or any other competitors across 12 key performance metrics.
audio alpha ltd Ownership
AUDIO ALPHA LTD group structure
Audio Alpha Ltd has no subsidiary companies.
Ultimate parent company
AUDIO ALPHA LTD
11159351
audio alpha ltd directors
Audio Alpha Ltd currently has 1 director, Mr Giles Smith serving since Jan 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Giles Smith | England | 45 years | Jan 2018 | - | Director |
P&L
November 2022turnover
62.4k
-34%
operating profit
-280.3k
0%
gross margin
38.8%
+4.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2022net assets
-233.5k
-5.74%
total assets
59.8k
-0.81%
cash
11.2k
-0.59%
net assets
Total assets minus all liabilities
Similar Companies
audio alpha ltd company details
company number
11159351
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
January 2018
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2022
previous names
N/A
accountant
THE ROWLEYS PARTNERSHIP LTD
auditor
-
address
30 harding street, leicester, leicestershire, LE1 4DH
Bank
-
Legal Advisor
-
audio alpha 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 audio alpha ltd.
audio alpha ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
