what's the story? sounds ltd
what's the story? sounds ltd Company Information
Company Number
12231922
Website
-Registered Address
18 hawthorne grove, burley in wharfedale, ilkley, LS29 7RF
Industry
Radio broadcasting
Telephone
-
Next Accounts Due
167 days late
Group Structure
View All
Shareholders
darrell paul brown 37.5%
sophie elizabeth ellis 37.5%
View Allwhat's the story? sounds ltd Estimated Valuation
Pomanda estimates the enterprise value of WHAT'S THE STORY? SOUNDS LTD at £266.1k based on a Turnover of £481.4k and 0.55x industry multiple (adjusted for size and gross margin).
what's the story? sounds ltd Estimated Valuation
Pomanda estimates the enterprise value of WHAT'S THE STORY? SOUNDS LTD at £0 based on an EBITDA of £-91.7k and a 2.82x industry multiple (adjusted for size and gross margin).
what's the story? sounds ltd Estimated Valuation
Pomanda estimates the enterprise value of WHAT'S THE STORY? SOUNDS LTD at £37.7k based on Net Assets of £42.3k and 0.89x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
What's The Story? Sounds Ltd Overview
What's The Story? Sounds Ltd is a live company located in ilkley, LS29 7RF with a Companies House number of 12231922. It operates in the radio broadcasting sector, SIC Code 60100. Founded in September 2019, it's largest shareholder is darrell paul brown with a 37.5% stake. What's The Story? Sounds Ltd is a young, micro sized company, Pomanda has estimated its turnover at £481.4k with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
What's The Story? Sounds Ltd Health Check
Pomanda's financial health check has awarded What'S The Story? Sounds 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
2 Strong
2 Regular
5 Weak
Size
annual sales of £481.4k, make it smaller than the average company (£1m)
- What's The Story? Sounds Ltd
£1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- What's The Story? Sounds Ltd
- - Industry AVG
Production
with a gross margin of 63.4%, this company has a comparable cost of product (63.4%)
- What's The Story? Sounds Ltd
63.4% - Industry AVG
Profitability
an operating margin of -19.2% make it less profitable than the average company (15.4%)
- What's The Story? Sounds Ltd
15.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - What's The Story? Sounds Ltd
4 - Industry AVG
Pay Structure
on an average salary of £26.2k, the company has an equivalent pay structure (£26.2k)
- What's The Story? Sounds Ltd
£26.2k - Industry AVG
Efficiency
resulting in sales per employee of £240.7k, this is more efficient (£74.7k)
- What's The Story? Sounds Ltd
£74.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- What's The Story? Sounds Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 195 days, this is slower than average (13 days)
- What's The Story? Sounds Ltd
13 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- What's The Story? Sounds Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (98 weeks)
8 weeks - What's The Story? Sounds Ltd
98 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 83.9%, this is a higher level of debt than the average (43.7%)
83.9% - What's The Story? Sounds Ltd
43.7% - Industry AVG
WHAT'S THE STORY? SOUNDS LTD financials
What'S The Story? Sounds Ltd's latest turnover from June 2022 is estimated at £481.4 thousand and the company has net assets of £42.3 thousand. According to their latest financial statements, What'S The Story? Sounds Ltd has 2 employees and maintains cash reserves of £37.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2022 | Jun 2021 | Jun 2020 | |
|---|---|---|---|
| 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 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2022 | Jun 2021 | Jun 2020 | |
|---|---|---|---|
| Tangible Assets | 1,217 | 2,123 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 1,217 | 2,123 | 0 |
| Stock & work in progress | 176,750 | 0 | 0 |
| Trade Debtors | 0 | 21,325 | 0 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 47,451 | 12,485 | 0 |
| Cash | 37,059 | 12,054 | 100 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 261,260 | 45,864 | 100 |
| total assets | 262,477 | 47,987 | 100 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 94,430 | 0 | 0 |
| Group/Directors Accounts | 0 | 4,033 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 125,717 | 9,356 | 0 |
| total current liabilities | 220,147 | 13,389 | 0 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 |
| total liabilities | 220,147 | 13,389 | 0 |
| net assets | 42,330 | 34,598 | 100 |
| total shareholders funds | 42,330 | 34,598 | 100 |
| Jun 2022 | Jun 2021 | Jun 2020 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 906 | 632 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 176,750 | 0 | 0 |
| Debtors | 13,641 | 33,810 | 0 |
| Creditors | 94,430 | 0 | 0 |
| Accruals and Deferred Income | 116,361 | 9,356 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | -4,033 | 4,033 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 25,005 | 11,954 | 100 |
| overdraft | 0 | 0 | 0 |
| change in cash | 25,005 | 11,954 | 100 |
what's the story? sounds ltd Credit Report and Business Information
What's The Story? Sounds Ltd Competitor Analysis
Perform a competitor analysis for what's the story? sounds ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in LS29 area or any other competitors across 12 key performance metrics.
what's the story? sounds ltd Ownership
WHAT'S THE STORY? SOUNDS LTD group structure
What'S The Story? Sounds Ltd has no subsidiary companies.
Ultimate parent company
WHAT'S THE STORY? SOUNDS LTD
12231922
what's the story? sounds ltd directors
What'S The Story? Sounds Ltd currently has 3 directors. The longest serving directors include Mr Darrell Brown (Sep 2019) and Miss Sophie Ellis (Sep 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Darrell Brown | England | 42 years | Sep 2019 | - | Director |
| Miss Sophie Ellis | England | 38 years | Sep 2019 | - | Director |
| Mr Martin Haines | England | 52 years | Nov 2021 | - | Director |
P&L
June 2022turnover
481.4k
+100%
operating profit
-92.6k
0%
gross margin
63.5%
+2.5%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2022net assets
42.3k
+0.22%
total assets
262.5k
+4.47%
cash
37.1k
+2.07%
net assets
Total assets minus all liabilities
Similar Companies
what's the story? sounds ltd company details
company number
12231922
Type
Private limited with Share Capital
industry
60100 - Radio broadcasting
incorporation date
September 2019
age
5
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
June 2022
address
18 hawthorne grove, burley in wharfedale, ilkley, LS29 7RF
accountant
-
auditor
-
what's the story? 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 what's the story? sounds ltd.
what's the story? sounds ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
