not forgotten music ltd
not forgotten music ltd Company Information
Group Structure
View All
Industry
Retail sale of music and video recordings in specialised stores
Registered Address
unit 8 silver business park, airfield way, christchurch, BH23 3TA
Website
-not forgotten music ltd Estimated Valuation
Pomanda estimates the enterprise value of NOT FORGOTTEN MUSIC LTD at £15.2k based on a Turnover of £85.2k and 0.18x industry multiple (adjusted for size and gross margin).
not forgotten music ltd Estimated Valuation
Pomanda estimates the enterprise value of NOT FORGOTTEN MUSIC LTD at £1.8k based on an EBITDA of £664 and a 2.69x industry multiple (adjusted for size and gross margin).
not forgotten music ltd Estimated Valuation
Pomanda estimates the enterprise value of NOT FORGOTTEN MUSIC LTD at £7.8k based on Net Assets of £3.4k and 2.29x industry multiple (adjusted for liquidity).
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Not Forgotten Music Ltd Overview
Not Forgotten Music Ltd is a live company located in christchurch, BH23 3TA with a Companies House number of 12860888. It operates in the retail sale of music and video recordings in specialised stores sector, SIC Code 47630. Founded in September 2020, it's largest shareholder is stuart bell with a 100% stake. Not Forgotten Music Ltd is a young, micro sized company, Pomanda has estimated its turnover at £85.2k with unknown growth in recent years.
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Not Forgotten Music Ltd Health Check
Pomanda's financial health check has awarded Not Forgotten Music Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
4 Weak
Size
annual sales of £85.2k, make it smaller than the average company (£350.4k)
- Not Forgotten Music Ltd
£350.4k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Not Forgotten Music Ltd
- - Industry AVG
Production
with a gross margin of 6.7%, this company has a comparable cost of product (6.7%)
- Not Forgotten Music Ltd
6.7% - Industry AVG
Profitability
an operating margin of 0.8% make it more profitable than the average company (-5.7%)
- Not Forgotten Music Ltd
-5.7% - Industry AVG
Employees
with 3 employees, this is below the industry average (68)
3 - Not Forgotten Music Ltd
68 - Industry AVG
Pay Structure
on an average salary of £22k, the company has an equivalent pay structure (£22k)
- Not Forgotten Music Ltd
£22k - Industry AVG
Efficiency
resulting in sales per employee of £28.4k, this is less efficient (£140.7k)
- Not Forgotten Music Ltd
£140.7k - Industry AVG
Debtor Days
it gets paid by customers after 22 days, this is earlier than average (79 days)
- Not Forgotten Music Ltd
79 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (133 days)
- Not Forgotten Music Ltd
133 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Not Forgotten Music Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Not Forgotten Music Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 34.7%, this is a lower level of debt than the average (90%)
34.7% - Not Forgotten Music Ltd
90% - Industry AVG
NOT FORGOTTEN MUSIC LTD financials
Not Forgotten Music Ltd's latest turnover from September 2023 is estimated at £85.2 thousand and the company has net assets of £3.4 thousand. According to their latest financial statements, Not Forgotten Music Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | |
|---|---|---|---|
| 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 | 3 | 3 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | |
|---|---|---|---|
| Tangible Assets | |||
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | |||
| Stock & work in progress | |||
| Trade Debtors | 5,245 | 11,161 | 6,445 |
| Group Debtors | |||
| Misc Debtors | |||
| Cash | |||
| misc current assets | |||
| total current assets | 5,245 | 11,161 | 6,445 |
| total assets | 5,245 | 11,161 | 6,445 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 1,222 | 7,636 | 4,532 |
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | |||
| total current liabilities | 1,222 | 7,636 | 4,532 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | 600 | 600 | 300 |
| other liabilities | |||
| provisions | |||
| total long term liabilities | 600 | 600 | 300 |
| total liabilities | 1,822 | 8,236 | 4,832 |
| net assets | 3,423 | 2,925 | 1,613 |
| total shareholders funds | 3,423 | 2,925 | 1,613 |
| Sep 2023 | Sep 2022 | Sep 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | -5,916 | 4,716 | 6,445 |
| Creditors | -6,414 | 3,104 | 4,532 |
| Accruals and Deferred Income | 300 | 300 | |
| Deferred Taxes & Provisions | |||
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | |||
| cash flow from investments | |||
| 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 | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | |||
| overdraft | |||
| change in cash |
not forgotten music ltd Credit Report and Business Information
Not Forgotten Music Ltd Competitor Analysis
Perform a competitor analysis for not forgotten music ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in BH23 area or any other competitors across 12 key performance metrics.
not forgotten music ltd Ownership
NOT FORGOTTEN MUSIC LTD group structure
Not Forgotten Music Ltd has no subsidiary companies.
Ultimate parent company
NOT FORGOTTEN MUSIC LTD
12860888
not forgotten music ltd directors
Not Forgotten Music Ltd currently has 2 directors. The longest serving directors include Mr Matthew Smal (Sep 2020) and Mr Stuart Bell (Jul 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Matthew Smal | United Kingdom | 52 years | Sep 2020 | - | Director |
| Mr Stuart Bell | England | 47 years | Jul 2023 | - | Director |
P&L
September 2023turnover
85.2k
+80%
operating profit
664
0%
gross margin
6.7%
-66.7%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
3.4k
+0.17%
total assets
5.2k
-0.53%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
not forgotten music ltd company details
company number
12860888
Type
Private limited with Share Capital
industry
47630 - Retail sale of music and video recordings in specialised stores
incorporation date
September 2020
age
5
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
THYME ACCOUNTING SERVICES LIMITED
auditor
-
address
unit 8 silver business park, airfield way, christchurch, BH23 3TA
Bank
-
Legal Advisor
-
not forgotten music 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 not forgotten music ltd.
not forgotten music 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.
Click to start generating capital raising & share issue transactions for NOT FORGOTTEN MUSIC LTD. This can take several minutes, an email will notify you when this has completed.
not forgotten music ltd Companies House Filings - See Documents
| date | description | view/download |
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