scc audio limited
scc audio limited Company Information
Company Number
11204889
Website
scc.comRegistered Address
unit 11 torc:mk, chippenham drive, kingston, milton keynes, MK10 0BZ
Industry
Manufacture of consumer electronics
Telephone
-
Next Accounts Due
April 2025
Group Structure
View All
Directors
Rong Wang6 Years
Shareholders
studioking sound & instrument (asia) limited 100%
scc audio limited Estimated Valuation
Pomanda estimates the enterprise value of SCC AUDIO LIMITED at £1.4m based on a Turnover of £2.1m and 0.65x industry multiple (adjusted for size and gross margin).
scc audio limited Estimated Valuation
Pomanda estimates the enterprise value of SCC AUDIO LIMITED at £0 based on an EBITDA of £-23.5k and a 4.62x industry multiple (adjusted for size and gross margin).
scc audio limited Estimated Valuation
Pomanda estimates the enterprise value of SCC AUDIO LIMITED at £0 based on Net Assets of £-831.6k and 2.03x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Scc Audio Limited Overview
Scc Audio Limited is a live company located in kingston, MK10 0BZ with a Companies House number of 11204889. It operates in the manufacture of consumer electronics sector, SIC Code 26400. Founded in February 2018, it's largest shareholder is studioking sound & instrument (asia) limited with a 100% stake. Scc Audio Limited is a young, small sized company, Pomanda has estimated its turnover at £2.1m with declining growth in recent years.
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Scc Audio Limited Health Check
Pomanda's financial health check has awarded Scc Audio Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 10 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
10 Weak
Size
annual sales of £2.1m, make it smaller than the average company (£8.4m)
- Scc Audio Limited
£8.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (4.9%)
- Scc Audio Limited
4.9% - Industry AVG
Production
with a gross margin of 38.8%, this company has a comparable cost of product (38.8%)
- Scc Audio Limited
38.8% - Industry AVG
Profitability
an operating margin of -1.2% make it less profitable than the average company (4.5%)
- Scc Audio Limited
4.5% - Industry AVG
Employees
with 13 employees, this is below the industry average (26)
13 - Scc Audio Limited
26 - Industry AVG
Pay Structure
on an average salary of £52.8k, the company has an equivalent pay structure (£52.8k)
- Scc Audio Limited
£52.8k - Industry AVG
Efficiency
resulting in sales per employee of £160.5k, this is less efficient (£217.5k)
- Scc Audio Limited
£217.5k - Industry AVG
Debtor Days
it gets paid by customers after 64 days, this is later than average (41 days)
- Scc Audio Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (57 days)
- Scc Audio Limited
57 days - Industry AVG
Stock Days
it holds stock equivalent to 144 days, this is more than average (107 days)
- Scc Audio Limited
107 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (19 weeks)
3 weeks - Scc Audio Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 148.3%, this is a higher level of debt than the average (54.6%)
148.3% - Scc Audio Limited
54.6% - Industry AVG
SCC AUDIO LIMITED financials
Scc Audio Limited's latest turnover from July 2023 is estimated at £2.1 million and the company has net assets of -£831.6 thousand. According to their latest financial statements, Scc Audio Limited has 13 employees and maintains cash reserves of £182 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 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 | 13 | 16 | 18 | 24 | 24 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 5,159 | 814 | 2,277 | 6,245 | 10,432 |
| Intangible Assets | 551,954 | 404,375 | 293,053 | 162,771 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 557,113 | 405,189 | 295,330 | 169,016 | 10,432 |
| Stock & work in progress | 503,973 | 714,161 | 927,442 | 1,191,829 | 981,183 |
| Trade Debtors | 368,530 | 230,638 | 349,012 | 178,867 | 162,244 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 111,543 | 90,661 | 181,369 | 183,819 | 142,315 |
| Cash | 181,979 | 169,298 | 164,258 | 242,389 | 157,859 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,166,025 | 1,204,758 | 1,622,081 | 1,796,904 | 1,443,601 |
| total assets | 1,723,138 | 1,609,947 | 1,917,411 | 1,965,920 | 1,454,033 |
| Bank overdraft | 377 | 377 | 300 | 0 | 0 |
| Bank loan | 10,000 | 10,000 | 10,000 | 783 | 0 |
| Trade Creditors | 65,122 | 128,415 | 145,547 | 86,158 | 127,657 |
| Group/Directors Accounts | 2,418,670 | 2,226,175 | 2,342,672 | 2,141,489 | 1,421,908 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 42,216 | 28,633 | 58,421 | 97,597 | 43,853 |
| total current liabilities | 2,536,385 | 2,393,600 | 2,556,940 | 2,326,027 | 1,593,418 |
| loans | 18,333 | 28,333 | 38,334 | 49,217 | 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 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 18,333 | 28,333 | 38,334 | 49,217 | 0 |
| total liabilities | 2,554,718 | 2,421,933 | 2,595,274 | 2,375,244 | 1,593,418 |
| net assets | -831,580 | -811,986 | -677,863 | -409,324 | -139,385 |
| total shareholders funds | -831,580 | -811,986 | -677,863 | -409,324 | -139,385 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 1,210 | 1,495 | 5,508 | 5,146 | 4,362 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | -210,188 | -213,281 | -264,387 | 210,646 | 981,183 |
| Debtors | 158,774 | -209,082 | 167,695 | 58,127 | 304,559 |
| Creditors | -63,293 | -17,132 | 59,389 | -41,499 | 127,657 |
| Accruals and Deferred Income | 13,583 | -29,788 | -39,176 | 53,744 | 43,853 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| 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 | 9,217 | 783 | 0 |
| Group/Directors Accounts | 192,495 | -116,497 | 201,183 | 719,581 | 1,421,908 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -10,000 | -10,001 | -10,883 | 49,217 | 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 | 12,681 | 5,040 | -78,131 | 84,530 | 157,859 |
| overdraft | 0 | 77 | 300 | 0 | 0 |
| change in cash | 12,681 | 4,963 | -78,431 | 84,530 | 157,859 |
scc audio limited Credit Report and Business Information
Scc Audio Limited Competitor Analysis
Perform a competitor analysis for scc audio limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in MK10 area or any other competitors across 12 key performance metrics.
scc audio limited Ownership
SCC AUDIO LIMITED group structure
Scc Audio Limited has 1 subsidiary company.
Ultimate parent company
SOUNDKING ELECTRONIC AND SOUND CO LTD
#0121120
STUDIOKING SOUND & INSTRUMENT (ASIA) LTD
#0115706
2 parents
SCC AUDIO LIMITED
11204889
1 subsidiary
scc audio limited directors
Scc Audio Limited currently has 1 director, Ms Rong Wang serving since Feb 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Rong Wang | England | 40 years | Feb 2018 | - | Director |
P&L
July 2023turnover
2.1m
-1%
operating profit
-24.7k
0%
gross margin
38.9%
+4.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
-831.6k
+0.02%
total assets
1.7m
+0.07%
cash
182k
+0.07%
net assets
Total assets minus all liabilities
scc audio limited company details
company number
11204889
Type
Private limited with Share Capital
industry
26400 - Manufacture of consumer electronics
incorporation date
February 2018
age
6
incorporated
UK
accounts
Small Company
ultimate parent company
previous names
N/A
last accounts submitted
July 2023
address
unit 11 torc:mk, chippenham drive, kingston, milton keynes, MK10 0BZ
accountant
NYMAN LIBSON PAUL LLP
auditor
-
scc audio 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 scc audio limited.
scc audio limited Companies House Filings - See Documents
| date | description | view/download |
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