simma black ltd

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simma black ltd Company Information

Share SIMMA BLACK LTD

Company Number

13191837

Shareholders

wesley saunders

william bailey

Group Structure

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Industry

Sound recording and music publishing activities

 

Registered Address

10 castle meadow, norwich, NR1 3DE

Website

-

simma black ltd Estimated Valuation

£29.6k

Pomanda estimates the enterprise value of SIMMA BLACK LTD at £29.6k based on a Turnover of £58.3k and 0.51x industry multiple (adjusted for size and gross margin).

simma black ltd Estimated Valuation

£28.7k

Pomanda estimates the enterprise value of SIMMA BLACK LTD at £28.7k based on an EBITDA of £11.2k and a 2.57x industry multiple (adjusted for size and gross margin).

simma black ltd Estimated Valuation

£28k

Pomanda estimates the enterprise value of SIMMA BLACK LTD at £28k based on Net Assets of £22.7k and 1.23x industry multiple (adjusted for liquidity).

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Simma Black Ltd Overview

Simma Black Ltd is a live company located in norwich, NR1 3DE with a Companies House number of 13191837. It operates in the sound recording and music publishing activities sector, SIC Code 59200. Founded in February 2021, it's largest shareholder is wesley saunders with a 50% stake. Simma Black Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £58.3k with unknown growth in recent years.

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Simma Black Ltd Health Check

Pomanda's financial health check has awarded Simma Black Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £58.3k, make it smaller than the average company (£485k)

£58.3k - Simma Black Ltd

£485k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Simma Black Ltd

- - Industry AVG

production

Production

with a gross margin of 46.1%, this company has a comparable cost of product (46.1%)

46.1% - Simma Black Ltd

46.1% - Industry AVG

profitability

Profitability

an operating margin of 19.2% make it more profitable than the average company (9.3%)

19.2% - Simma Black Ltd

9.3% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (2)

1 - Simma Black Ltd

2 - Industry AVG

paystructure

Pay Structure

on an average salary of £43.5k, the company has an equivalent pay structure (£43.5k)

£43.5k - Simma Black Ltd

£43.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £58.3k, this is less efficient (£142.8k)

£58.3k - Simma Black Ltd

£142.8k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Simma Black Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 101 days, this is slower than average (29 days)

101 days - Simma Black Ltd

29 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Simma Black Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 137 weeks, this is more cash available to meet short term requirements (32 weeks)

137 weeks - Simma Black Ltd

32 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 37.8%, this is a lower level of debt than the average (70.2%)

37.8% - Simma Black Ltd

70.2% - Industry AVG

SIMMA BLACK LTD financials

EXPORTms excel logo

Simma Black Ltd's latest turnover from March 2024 is estimated at £58.3 thousand and the company has net assets of £22.7 thousand. According to their latest financial statements, we estimate that Simma Black Ltd has 1 employee and maintains cash reserves of £36.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021
Turnover58,33831,277
Other Income Or Grants
Cost Of Sales31,43516,047
Gross Profit26,90315,229
Admin Expenses15,7017,416-8,759978
Operating Profit11,2027,8138,759-978
Interest Payable
Interest Receivable1,53467537
Pre-Tax Profit12,7368,4888,796-978
Tax-3,184-1,613-1,671
Profit After Tax9,5526,8757,125-978
Dividends Paid
Retained Profit9,5526,8757,125-978
Employee Costs43,54438,324
Number Of Employees11
EBITDA*11,2027,8138,759-978

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors
Cash36,44622,0029,756100
misc current assets
total current assets36,44622,0029,756100
total assets36,44622,0029,756100
Bank overdraft
Bank loan
Trade Creditors 8,7036,175
Group/Directors Accounts1,6821,089978
other short term finances
hp & lease commitments
other current liabilities3,3872,7052,420
total current liabilities13,7728,8803,509978
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities13,7728,8803,509978
net assets22,67413,1226,247-878
total shareholders funds22,67413,1226,247-878
Mar 2024Mar 2023Mar 2022Mar 2021
Operating Activities
Operating Profit11,2027,8138,759-978
Depreciation
Amortisation
Tax-3,184-1,613-1,671
Stock
Debtors
Creditors2,5286,175
Accruals and Deferred Income6822852,420
Deferred Taxes & Provisions
Cash flow from operations11,22812,6609,508-978
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts1,682-1,089111978
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest1,53467537
cash flow from financing3,216-4141481,078
cash and cash equivalents
cash14,44412,2469,656100
overdraft
change in cash14,44412,2469,656100

simma black ltd 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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Simma Black Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for simma black ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in NR1 area or any other competitors across 12 key performance metrics.

simma black ltd Ownership

SIMMA BLACK LTD group structure

Simma Black Ltd has no subsidiary companies.

Ultimate parent company

SIMMA BLACK LTD

13191837

SIMMA BLACK LTD Shareholders

wesley saunders 50%
william bailey 50%

simma black ltd directors

Simma Black Ltd currently has 2 directors. The longest serving directors include Mr Wesley Saunders (Feb 2021) and Mr William Bailey (Nov 2022).

officercountryagestartendrole
Mr Wesley SaundersEngland44 years Feb 2021- Director
Mr William BaileyUnited Kingdom43 years Nov 2022- Director

P&L

March 2024

turnover

58.3k

+87%

operating profit

11.2k

0%

gross margin

46.2%

-5.29%

turnover

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

Balance Sheet

March 2024

net assets

22.7k

+0.73%

total assets

36.4k

+0.66%

cash

36.4k

+0.66%

net assets

Total assets minus all liabilities

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simma black ltd company details

company number

13191837

Type

Private limited with Share Capital

industry

59200 - Sound recording and music publishing activities

incorporation date

February 2021

age

4

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

10 castle meadow, norwich, NR1 3DE

Bank

-

Legal Advisor

-

simma black 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 simma black ltd.

simma black 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.

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simma black ltd Companies House Filings - See Documents

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