Pomanda estimates the enterprise value of LIVE SOUNDS GOOD LTD at £57.6k based on a Turnover of £154.2k and 0.37x industry multiple (adjusted for size and gross margin).
live sounds good ltdEstimated Valuation
£4.9k
Pomanda estimates the enterprise value of LIVE SOUNDS GOOD LTD at £4.9k based on an EBITDA of £1.1k and a 4.51x industry multiple (adjusted for size and gross margin).
live sounds good ltdEstimated Valuation
£19.8k
Pomanda estimates the enterprise value of LIVE SOUNDS GOOD LTD at £19.8k based on Net Assets of £21.2k and 0.94x industry multiple (adjusted for liquidity).
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Live Sounds Good LtdOverview
Live Sounds Good Ltd is a live company located in hertfordshire, AL1 1LJ with a Companies House number of 11904359. It operates in the support activities to performing arts sector, SIC Code 90020. Founded in March 2019, it's largest shareholder is
jake michael newton
with a 50% stake. Live Sounds Good Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£154.2k with
high
growth in recent years.
Pomanda's financial health check has awarded Live Sounds Good Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
3 Regular
5 Weak
Size
annual sales of £154.2k, make it smaller than the average company (£321.9k)
£154.2k - Live Sounds Good Ltd
£321.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (11.2%)
23% - Live Sounds Good Ltd
11.2% - Industry AVG
Production
with a gross margin of 12.7%, this company has a higher cost of product (38.8%)
12.7% - Live Sounds Good Ltd
38.8% - Industry AVG
Profitability
an operating margin of 0.7% make it less profitable than the average company (3.3%)
0.7% - Live Sounds Good Ltd
3.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (5)
2 - Live Sounds Good Ltd
5 - Industry AVG
Pay Structure
on an average salary of £29k, the company has an equivalent pay structure (£29k)
£29k - Live Sounds Good Ltd
£29k - Industry AVG
Efficiency
resulting in sales per employee of £77.1k, this is equally as efficient (£73.1k)
£77.1k - Live Sounds Good Ltd
£73.1k - Industry AVG
Debtor Days
it gets paid by customers after 15 days, this is near the average (15 days)
15 days - Live Sounds Good Ltd
15 days - Industry AVG
Creditor Days
its suppliers are paid after 248 days, this is slower than average (22 days)
248 days - Live Sounds Good Ltd
22 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Live Sounds Good Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Live Sounds Good Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.2%, this is a higher level of debt than the average (31.6%)
81.2% - Live Sounds Good Ltd
31.6% - Industry AVG
LIVE SOUNDS GOOD LTD financials
EXPORT
Live Sounds Good Ltd's latest turnover from March 2024 is estimated at £154.2 thousand and the company has net assets of £21.2 thousand. According to their latest financial statements, Live Sounds Good Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Turnover
154,184
108,319
45,679
83,183
Other Income Or Grants
Cost Of Sales
134,553
95,311
43,349
78,067
Gross Profit
19,631
13,008
2,330
5,117
Admin Expenses
18,546
-26,893
14,395
5,117
Operating Profit
1,085
39,901
-12,065
Interest Payable
Interest Receivable
96
17
Pre-Tax Profit
1,085
39,996
-12,048
Tax
-271
-7,599
Profit After Tax
814
32,397
-12,048
Dividends Paid
Retained Profit
814
32,397
-12,048
Employee Costs
57,951
55,728
54,296
54,296
Number Of Employees
2
2
2
2
EBITDA*
1,085
39,901
-12,065
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Tangible Assets
106,159
106,159
Intangible Assets
60,110
Investments & Other
1
Debtors (Due After 1 year)
Total Fixed Assets
106,159
106,159
60,110
1
Stock & work in progress
Trade Debtors
6,585
3,592
5,480
Group Debtors
Misc Debtors
1
Cash
4,505
misc current assets
total current assets
6,585
3,592
9,985
1
total assets
112,744
109,751
70,095
1
1
Bank overdraft
Bank loan
Trade Creditors
91,581
89,402
1,735
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
79,408
total current liabilities
91,581
89,402
81,143
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
91,581
89,402
81,143
net assets
21,163
20,349
-11,048
1
1
total shareholders funds
21,163
20,349
-11,048
1
1
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Operating Activities
Operating Profit
1,085
39,901
-12,065
Depreciation
Amortisation
Tax
-271
-7,599
Stock
Debtors
2,993
-1,888
5,479
1
Creditors
2,179
87,667
1,735
Accruals and Deferred Income
-79,408
79,408
Deferred Taxes & Provisions
Cash flow from operations
42,449
63,599
-1
Investing Activities
capital expenditure
-46,049
-60,110
Change in Investments
-1
1
cash flow from investments
-46,049
-60,110
1
-1
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-1,000
999
1
interest
96
17
cash flow from financing
-904
1,016
1
cash and cash equivalents
cash
-4,505
4,505
overdraft
change in cash
-4,505
4,505
live sounds good ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for live sounds good ltd. Get real-time insights into live sounds good ltd's credit score, group structure and payment trends.
Perform a competitor analysis for live sounds good ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in AL1 area or any other competitors across 12 key performance metrics.
live sounds good ltd Ownership
LIVE SOUNDS GOOD LTD group structure
Live Sounds Good Ltd has no subsidiary companies.
Ultimate parent company
LIVE SOUNDS GOOD LTD
11904359
LIVE SOUNDS GOOD LTD Shareholders
The largest shareholders in Live Sounds Good Ltd include Jake Michael Newton and Ben Edward Newton.
jake michael newton
50%
ben edward newton
50%
live sounds good ltd directors
Live Sounds Good Ltd currently has 2 directors.
The longest serving directors include
Mr Ben Newton (Mar 2019) and
Mr Jake Newton (Jun 2021).
pendragon house 65 london road, st. albans, hertfordshire, AL1 1LJ
Bank
-
Legal Advisor
-
live sounds good 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 live sounds good ltd.
live sounds good ltd Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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live sounds good ltdCompanies House Filings - See Documents
