mr soho music limited

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mr soho music limited Company Information

Share MR SOHO MUSIC LIMITED

Company Number

13127854

Shareholders

robert mcloughlin

mark russell & joanne russell

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Group Structure

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Industry

Other personal service activities n.e.c.

 

Registered Address

89 chorley road, swinton, manchester, M27 4AA

Website

-

mr soho music limited Estimated Valuation

£17.1k

Pomanda estimates the enterprise value of MR SOHO MUSIC LIMITED at £17.1k based on a Turnover of £23.3k and 0.74x industry multiple (adjusted for size and gross margin).

mr soho music limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MR SOHO MUSIC LIMITED at £0 based on an EBITDA of £-26.4k and a 4.38x industry multiple (adjusted for size and gross margin).

mr soho music limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MR SOHO MUSIC LIMITED at £0 based on Net Assets of £-67k and 2.41x industry multiple (adjusted for liquidity).

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Mr Soho Music Limited Overview

Mr Soho Music Limited is a live company located in manchester, M27 4AA with a Companies House number of 13127854. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in January 2021, it's largest shareholder is robert mcloughlin with a 38% stake. Mr Soho Music Limited is a startup, micro sized company, Pomanda has estimated its turnover at £23.3k with unknown growth in recent years.

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Mr Soho Music Limited Health Check

Pomanda's financial health check has awarded Mr Soho Music Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £23.3k, make it smaller than the average company (£886.3k)

£23.3k - Mr Soho Music Limited

£886.3k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Mr Soho Music Limited

- - Industry AVG

production

Production

with a gross margin of 40.2%, this company has a comparable cost of product (40.2%)

40.2% - Mr Soho Music Limited

40.2% - Industry AVG

profitability

Profitability

an operating margin of -113.4% make it less profitable than the average company (6%)

-113.4% - Mr Soho Music Limited

6% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (14)

1 - Mr Soho Music Limited

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £30.8k, the company has an equivalent pay structure (£30.8k)

£30.8k - Mr Soho Music Limited

£30.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £23.3k, this is less efficient (£89.7k)

£23.3k - Mr Soho Music Limited

£89.7k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Mr Soho Music Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 109 days, this is slower than average (39 days)

109 days - Mr Soho Music Limited

39 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Mr Soho Music Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (47 weeks)

0 weeks - Mr Soho Music Limited

47 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 2732%, this is a higher level of debt than the average (42.9%)

2732% - Mr Soho Music Limited

42.9% - Industry AVG

MR SOHO MUSIC LIMITED financials

EXPORTms excel logo

Mr Soho Music Limited's latest turnover from January 2024 is estimated at £23.3 thousand and the company has net assets of -£67 thousand. According to their latest financial statements, we estimate that Mr Soho Music Limited has 1 employee and maintains cash reserves of £466 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022
Turnover23,2563,7580
Other Income Or Grants000
Cost Of Sales13,8992,1920
Gross Profit9,3571,5660
Admin Expenses35,72343,3100
Operating Profit-26,366-41,7440
Interest Payable000
Interest Receivable48240
Pre-Tax Profit-26,318-41,7200
Tax000
Profit After Tax-26,318-41,7200
Dividends Paid000
Retained Profit-26,318-41,7200
Employee Costs30,84229,8910
Number Of Employees110
EBITDA*-26,366-41,7440

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022
Tangible Assets000
Intangible Assets000
Investments & Other001,000
Debtors (Due After 1 year)000
Total Fixed Assets001,000
Stock & work in progress000
Trade Debtors000
Group Debtors000
Misc Debtors2,08100
Cash4661,3510
misc current assets000
total current assets2,5471,3510
total assets2,5471,3511,000
Bank overdraft000
Bank loan000
Trade Creditors 4,1647500
Group/Directors Accounts000
other short term finances000
hp & lease commitments000
other current liabilities65,42141,3210
total current liabilities69,58542,0710
loans000
hp & lease commitments000
Accruals and Deferred Income000
other liabilities000
provisions000
total long term liabilities000
total liabilities69,58542,0710
net assets-67,038-40,7201,000
total shareholders funds-67,038-40,7201,000
Jan 2024Jan 2023Jan 2022
Operating Activities
Operating Profit-26,366-41,7440
Depreciation000
Amortisation000
Tax000
Stock000
Debtors2,08100
Creditors3,4147500
Accruals and Deferred Income24,10041,3210
Deferred Taxes & Provisions000
Cash flow from operations-9333270
Investing Activities
capital expenditure000
Change in Investments0-1,0001,000
cash flow from investments01,000-1,000
Financing Activities
Bank loans000
Group/Directors Accounts000
Other Short Term Loans 000
Long term loans000
Hire Purchase and Lease Commitments000
other long term liabilities000
share issue001,000
interest48240
cash flow from financing48241,000
cash and cash equivalents
cash-8851,3510
overdraft000
change in cash-8851,3510

mr soho music limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Mr Soho Music Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for mr soho music limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in M27 area or any other competitors across 12 key performance metrics.

mr soho music limited Ownership

MR SOHO MUSIC LIMITED group structure

Mr Soho Music Limited has no subsidiary companies.

Ultimate parent company

MR SOHO MUSIC LIMITED

13127854

MR SOHO MUSIC LIMITED Shareholders

robert mcloughlin 38%
mark russell & joanne russell 38%
georgia russell 5%
richard mcloughlin 5%
jonathan mcloughlin 5%
lukas russell 5%
catherine edwards 2%
oren mcloughlin 1%
conor mcloughlin 1%

mr soho music limited directors

Mr Soho Music Limited currently has 3 directors. The longest serving directors include Mr Robert McLoughlin (Jan 2021) and Mr Mark Russell (Jan 2021).

officercountryagestartendrole
Mr Robert McLoughlinUnited Kingdom65 years Jan 2021- Director
Mr Mark RussellEngland64 years Jan 2021- Director
Mr Philip ParryEngland69 years Aug 2022- Director

P&L

January 2024

turnover

23.3k

+519%

operating profit

-26.4k

0%

gross margin

40.3%

-3.46%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

January 2024

net assets

-67k

+0.65%

total assets

2.5k

+0.89%

cash

466

-0.66%

net assets

Total assets minus all liabilities

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mr soho music limited company details

company number

13127854

Type

Private limited with Share Capital

industry

96090 - Other personal service activities n.e.c.

incorporation date

January 2021

age

4

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

January 2024

previous names

N/A

accountant

-

auditor

-

address

89 chorley road, swinton, manchester, M27 4AA

Bank

-

Legal Advisor

-

mr soho music 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 mr soho music limited.

mr soho music limited 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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mr soho music limited Companies House Filings - See Documents

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