concord copyrights no.1 limited
concord copyrights no.1 limited Company Information
Company Number
13133024
Website
-Registered Address
the scalpel 18th floor, 52 lime street, london, EC3M 7AF
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
round hill music royalty fund limited 100%
concord copyrights no.1 limited Estimated Valuation
Pomanda estimates the enterprise value of CONCORD COPYRIGHTS NO.1 LIMITED at £31.5m based on a Turnover of £17.7m and 1.78x industry multiple (adjusted for size and gross margin).
concord copyrights no.1 limited Estimated Valuation
Pomanda estimates the enterprise value of CONCORD COPYRIGHTS NO.1 LIMITED at £0 based on an EBITDA of £-240.9k and a 7.17x industry multiple (adjusted for size and gross margin).
concord copyrights no.1 limited Estimated Valuation
Pomanda estimates the enterprise value of CONCORD COPYRIGHTS NO.1 LIMITED at £56.4m based on Net Assets of £33m and 1.71x industry multiple (adjusted for liquidity).
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Concord Copyrights No.1 Limited Overview
Concord Copyrights No.1 Limited is a live company located in london, EC3M 7AF with a Companies House number of 13133024. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in January 2021, it's largest shareholder is round hill music royalty fund limited with a 100% stake. Concord Copyrights No.1 Limited is a startup, mid sized company, Pomanda has estimated its turnover at £17.7m with unknown growth in recent years.
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Concord Copyrights No.1 Limited Health Check
Pomanda's financial health check has awarded Concord Copyrights No.1 Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 3 areas for improvement. Company Health Check FAQs
0 Strong
5 Regular
3 Weak
Size
annual sales of £17.7m, make it in line with the average company (£18.1m)
£17.7m - Concord Copyrights No.1 Limited
£18.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Concord Copyrights No.1 Limited
- - Industry AVG
Production
with a gross margin of 36.1%, this company has a comparable cost of product (36.1%)
36.1% - Concord Copyrights No.1 Limited
36.1% - Industry AVG
Profitability
an operating margin of -1.4% make it less profitable than the average company (5.1%)
-1.4% - Concord Copyrights No.1 Limited
5.1% - Industry AVG
Employees
with 100 employees, this is similar to the industry average (106)
- Concord Copyrights No.1 Limited
106 - Industry AVG
Pay Structure
on an average salary of £42k, the company has an equivalent pay structure (£42k)
- Concord Copyrights No.1 Limited
£42k - Industry AVG
Efficiency
resulting in sales per employee of £176.7k, this is equally as efficient (£178.2k)
- Concord Copyrights No.1 Limited
£178.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Concord Copyrights No.1 Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Concord Copyrights No.1 Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Concord Copyrights No.1 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (15 weeks)
3 weeks - Concord Copyrights No.1 Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89.6%, this is a higher level of debt than the average (69.9%)
89.6% - Concord Copyrights No.1 Limited
69.9% - Industry AVG
CONCORD COPYRIGHTS NO.1 LIMITED financials
Concord Copyrights No.1 Limited's latest turnover from December 2022 is £17.7 million and the company has net assets of £33 million. According to their latest financial statements, we estimate that Concord Copyrights No.1 Limited has 100 employees and maintains cash reserves of £3.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | |
|---|---|---|
| Turnover | 17,672,008 | 17,154,383 |
| Other Income Or Grants | ||
| Cost Of Sales | ||
| Gross Profit | ||
| Admin Expenses | ||
| Operating Profit | -240,851 | 3,819,485 |
| Interest Payable | 11,618,223 | 6,158,953 |
| Interest Receivable | 0 | 0 |
| Pre-Tax Profit | -11,853,380 | 430,939 |
| Tax | 0 | -262,587 |
| Profit After Tax | -11,853,380 | 168,352 |
| Dividends Paid | 0 | 0 |
| Retained Profit | -11,853,380 | 168,352 |
| Employee Costs | ||
| Number Of Employees | ||
| EBITDA* | -240,851 | 3,819,485 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | |
|---|---|---|
| Tangible Assets | 0 | 0 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 302,445,309 | 243,858,160 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 302,445,309 | 243,858,160 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 0 | 0 |
| Group Debtors | 8,967,746 | 7,709,333 |
| Misc Debtors | 2,797,914 | 4,448,751 |
| Cash | 3,768,969 | 9,286,253 |
| misc current assets | 0 | 0 |
| total current assets | 15,534,630 | 21,444,338 |
| total assets | 317,979,939 | 265,302,498 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 0 | 0 |
| Group/Directors Accounts | 56,046,905 | 14,855,780 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 4,898,311 | 5,397,974 |
| total current liabilities | 60,945,216 | 20,253,754 |
| loans | 224,060,372 | 244,880,390 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 224,060,372 | 244,880,390 |
| total liabilities | 285,005,588 | 265,134,145 |
| net assets | 32,974,350 | 168,353 |
| total shareholders funds | 32,974,350 | 168,353 |
| Dec 2022 | Dec 2021 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | -240,851 | 3,819,485 |
| Depreciation | 0 | 0 |
| Amortisation | 0 | 0 |
| Tax | 0 | -262,587 |
| Stock | 0 | 0 |
| Debtors | -392,424 | 12,158,085 |
| Creditors | 0 | 0 |
| Accruals and Deferred Income | -499,663 | 5,397,974 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | -348,090 | -3,203,213 |
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 58,587,149 | 243,858,160 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 41,191,125 | 14,855,780 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | -20,820,018 | 244,880,390 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | -11,618,223 | -6,158,953 |
| cash flow from financing | 53,412,261 | 253,577,218 |
| cash and cash equivalents | ||
| cash | -5,517,284 | 9,286,253 |
| overdraft | 0 | 0 |
| change in cash | -5,517,284 | 9,286,253 |
concord copyrights no.1 limited Credit Report and Business Information
Concord Copyrights No.1 Limited Competitor Analysis
Perform a competitor analysis for concord copyrights no.1 limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
concord copyrights no.1 limited Ownership
CONCORD COPYRIGHTS NO.1 LIMITED group structure
Concord Copyrights No.1 Limited has no subsidiary companies.
Ultimate parent company
ROUND HILL MUSIC ROYALTY FUND LTD
#0159544
1 parent
CONCORD COPYRIGHTS NO.1 LIMITED
13133024
concord copyrights no.1 limited directors
Concord Copyrights No.1 Limited currently has 3 directors. The longest serving directors include Mr Justin Prakash (Oct 2023) and Mr Kent Hoskins (Oct 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Justin Prakash | United Kingdom | 45 years | Oct 2023 | - | Director |
| Mr Kent Hoskins | United States | 49 years | Oct 2023 | - | Director |
| Ms Amanda Molter | United States | 43 years | Oct 2023 | - | Director |
P&L
December 2022turnover
17.7m
+3%
operating profit
-240.9k
-106%
gross margin
36.2%
+3.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
33m
+194.86%
total assets
318m
+0.2%
cash
3.8m
-0.59%
net assets
Total assets minus all liabilities
Similar Companies
concord copyrights no.1 limited company details
company number
13133024
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
January 2021
age
3
accounts
Full Accounts
ultimate parent company
previous names
rhmrf1 limited (March 2024)
incorporated
UK
address
the scalpel 18th floor, 52 lime street, london, EC3M 7AF
last accounts submitted
December 2022
concord copyrights no.1 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 found 6 charges/mortgages relating to concord copyrights no.1 limited. Currently there are 0 open charges and 6 have been satisfied in the past.
concord copyrights no.1 limited Companies House Filings - See Documents
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