sound fowndations ltd
sound fowndations ltd Company Information
Company Number
13062946
Next Accounts
Sep 2025
Shareholders
christopher tristan green
Group Structure
View All
Industry
Retail sale of audio and video equipment in specialised stores
Registered Address
unit 3a vulcan house, calleva park, reading, berkshire, RG7 8PA
Website
soundfowndations.co.uksound fowndations ltd Estimated Valuation
Pomanda estimates the enterprise value of SOUND FOWNDATIONS LTD at £173k based on a Turnover of £635.4k and 0.27x industry multiple (adjusted for size and gross margin).
sound fowndations ltd Estimated Valuation
Pomanda estimates the enterprise value of SOUND FOWNDATIONS LTD at £3.1k based on an EBITDA of £886 and a 3.47x industry multiple (adjusted for size and gross margin).
sound fowndations ltd Estimated Valuation
Pomanda estimates the enterprise value of SOUND FOWNDATIONS LTD at £220.1k based on Net Assets of £79.7k and 2.76x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Sound Fowndations Ltd Overview
Sound Fowndations Ltd is a live company located in reading, RG7 8PA with a Companies House number of 13062946. It operates in the retail sale of audio and video equipment in specialised stores sector, SIC Code 47430. Founded in December 2020, it's largest shareholder is christopher tristan green with a 100% stake. Sound Fowndations Ltd is a young, small sized company, Pomanda has estimated its turnover at £635.4k with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Sound Fowndations Ltd Health Check
Pomanda's financial health check has awarded Sound Fowndations Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £635.4k, make it smaller than the average company (£3.5m)
- Sound Fowndations Ltd
£3.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Sound Fowndations Ltd
- - Industry AVG
Production
with a gross margin of 27.8%, this company has a comparable cost of product (27.8%)
- Sound Fowndations Ltd
27.8% - Industry AVG
Profitability
an operating margin of -1.6% make it less profitable than the average company (2.7%)
- Sound Fowndations Ltd
2.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (23)
2 - Sound Fowndations Ltd
23 - Industry AVG
Pay Structure
on an average salary of £41.6k, the company has an equivalent pay structure (£41.6k)
- Sound Fowndations Ltd
£41.6k - Industry AVG
Efficiency
resulting in sales per employee of £317.7k, this is more efficient (£227.6k)
- Sound Fowndations Ltd
£227.6k - Industry AVG
Debtor Days
it gets paid by customers after 35 days, this is earlier than average (58 days)
- Sound Fowndations Ltd
58 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (34 days)
- Sound Fowndations Ltd
34 days - Industry AVG
Stock Days
it holds stock equivalent to 116 days, this is more than average (22 days)
- Sound Fowndations Ltd
22 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (19 weeks)
9 weeks - Sound Fowndations Ltd
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75.9%, this is a higher level of debt than the average (58.2%)
75.9% - Sound Fowndations Ltd
58.2% - Industry AVG
SOUND FOWNDATIONS LTD financials
Sound Fowndations Ltd's latest turnover from December 2023 is estimated at £635.4 thousand and the company has net assets of £79.7 thousand. According to their latest financial statements, Sound Fowndations Ltd has 2 employees and maintains cash reserves of £43.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 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 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Tangible Assets | 23,181 | 15,422 | 9,723 |
| Intangible Assets | 52,500 | 60,000 | 67,500 |
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 75,681 | 75,422 | 77,223 |
| Stock & work in progress | 146,645 | 165,810 | 108,305 |
| Trade Debtors | 62,571 | 95,658 | 88,116 |
| Group Debtors | |||
| Misc Debtors | 3,000 | 10,795 | 5,281 |
| Cash | 43,275 | 21,776 | 80,652 |
| misc current assets | |||
| total current assets | 255,491 | 294,039 | 282,354 |
| total assets | 331,172 | 369,461 | 359,577 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 7,554 | 33,797 | 33,497 |
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | 238,146 | 243,706 | 295,083 |
| total current liabilities | 245,700 | 277,503 | 328,580 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | 5,796 | 3,856 | 552 |
| total long term liabilities | 5,796 | 3,856 | 552 |
| total liabilities | 251,496 | 281,359 | 329,132 |
| net assets | 79,676 | 88,102 | 30,445 |
| total shareholders funds | 79,676 | 88,102 | 30,445 |
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 3,520 | 2,392 | 2,508 |
| Amortisation | 7,500 | 7,500 | 7,500 |
| Tax | |||
| Stock | -19,165 | 57,505 | 108,305 |
| Debtors | -40,882 | 13,056 | 93,397 |
| Creditors | -26,243 | 300 | 33,497 |
| Accruals and Deferred Income | -5,560 | -51,377 | 295,083 |
| Deferred Taxes & Provisions | 1,940 | 3,304 | 552 |
| 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 | 21,499 | -58,876 | 80,652 |
| overdraft | |||
| change in cash | 21,499 | -58,876 | 80,652 |
sound fowndations ltd Credit Report and Business Information
Sound Fowndations Ltd Competitor Analysis
Perform a competitor analysis for sound fowndations ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in RG7 area or any other competitors across 12 key performance metrics.
sound fowndations ltd Ownership
SOUND FOWNDATIONS LTD group structure
Sound Fowndations Ltd has no subsidiary companies.
Ultimate parent company
SOUND FOWNDATIONS LTD
13062946
sound fowndations ltd directors
Sound Fowndations Ltd currently has 2 directors. The longest serving directors include Mr Christopher Green (Dec 2020) and Mr Barry Green (Aug 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Green | England | 44 years | Dec 2020 | - | Director |
| Mr Barry Green | England | 75 years | Aug 2023 | - | Director |
P&L
December 2023turnover
635.4k
-17%
operating profit
-10.1k
0%
gross margin
27.9%
-13.82%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
79.7k
-0.1%
total assets
331.2k
-0.1%
cash
43.3k
+0.99%
net assets
Total assets minus all liabilities
Similar Companies
sound fowndations ltd company details
company number
13062946
Type
Private limited with Share Capital
industry
47430 - Retail sale of audio and video equipment in specialised stores
incorporation date
December 2020
age
5
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
unit 3a vulcan house, calleva park, reading, berkshire, RG7 8PA
Bank
-
Legal Advisor
-
sound fowndations 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 sound fowndations ltd.
sound fowndations 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 SOUND FOWNDATIONS LTD. This can take several minutes, an email will notify you when this has completed.
sound fowndations ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
