nice records limited
nice records limited Company Information
Company Number
13368652
Website
-Registered Address
2 manor farm court, old wolverton road, milton keynes, buckinghamshire, MK12 5NN
Industry
Sound recording and music publishing activities
Telephone
-
Next Accounts Due
January 2026
Group Structure
View All
Shareholders
kenneth thomas jones 33.3%
nigel anthony adams 33.3%
View Allnice records limited Estimated Valuation
Pomanda estimates the enterprise value of NICE RECORDS LIMITED at £15.2k based on a Turnover of £34.1k and 0.45x industry multiple (adjusted for size and gross margin).
nice records limited Estimated Valuation
Pomanda estimates the enterprise value of NICE RECORDS LIMITED at £0 based on an EBITDA of £-3k and a 2.31x industry multiple (adjusted for size and gross margin).
nice records limited Estimated Valuation
Pomanda estimates the enterprise value of NICE RECORDS LIMITED at £853 based on Net Assets of £753 and 1.13x industry multiple (adjusted for liquidity).
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Nice Records Limited Overview
Nice Records Limited is a live company located in milton keynes, MK12 5NN with a Companies House number of 13368652. It operates in the sound recording and music publishing activities sector, SIC Code 59200. Founded in April 2021, it's largest shareholder is kenneth thomas jones with a 33.3% stake. Nice Records Limited is a startup, micro sized company, Pomanda has estimated its turnover at £34.1k with unknown growth in recent years.
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Nice Records Limited Health Check
Pomanda's financial health check has awarded Nice Records Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £34.1k, make it smaller than the average company (£437.3k)
- Nice Records Limited
£437.3k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Nice Records Limited
- - Industry AVG
Production
with a gross margin of 19.7%, this company has a higher cost of product (37.7%)
- Nice Records Limited
37.7% - Industry AVG
Profitability
an operating margin of -8.7% make it less profitable than the average company (6.1%)
- Nice Records Limited
6.1% - Industry AVG
Employees
with 3 employees, this is similar to the industry average (3)
3 - Nice Records Limited
3 - Industry AVG
Pay Structure
on an average salary of £49.3k, the company has an equivalent pay structure (£49.3k)
- Nice Records Limited
£49.3k - Industry AVG
Efficiency
resulting in sales per employee of £11.4k, this is less efficient (£128.9k)
- Nice Records Limited
£128.9k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (34 days)
- Nice Records Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (16 days)
- Nice Records Limited
16 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Nice Records Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Nice Records Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 17.3%, this is a lower level of debt than the average (75.1%)
17.3% - Nice Records Limited
75.1% - Industry AVG
NICE RECORDS LIMITED financials
Nice Records Limited's latest turnover from April 2024 is estimated at £34.1 thousand and the company has net assets of £753. According to their latest financial statements, Nice Records Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | |
|---|---|---|---|
| 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
| Apr 2024 | Apr 2023 | Apr 2022 | |
|---|---|---|---|
| Tangible Assets | 280 | 320 | 360 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 280 | 320 | 360 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 630 | 3,930 | 25,351 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 630 | 3,930 | 25,351 |
| total assets | 910 | 4,250 | 25,711 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 157 | 521 | 15,995 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 157 | 521 | 15,995 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 |
| total liabilities | 157 | 521 | 15,995 |
| net assets | 753 | 3,729 | 9,716 |
| total shareholders funds | 753 | 3,729 | 9,716 |
| Apr 2024 | Apr 2023 | Apr 2022 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | -3,300 | -21,421 | 25,351 |
| Creditors | -364 | -15,474 | 15,995 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 |
nice records limited Credit Report and Business Information
Nice Records Limited Competitor Analysis
Perform a competitor analysis for nice records limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in MK12 area or any other competitors across 12 key performance metrics.
nice records limited Ownership
NICE RECORDS LIMITED group structure
Nice Records Limited has no subsidiary companies.
Ultimate parent company
NICE RECORDS LIMITED
13368652
nice records limited directors
Nice Records Limited currently has 3 directors. The longest serving directors include Mrs Jayne Jones (May 2021) and Mr Nigel Adams (Jun 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Jayne Jones | United Kingdom | 67 years | May 2021 | - | Director |
| Mr Nigel Adams | United Kingdom | 61 years | Jun 2021 | - | Director |
| Mr Kenneth Jones | England | 76 years | Jul 2021 | - | Director |
P&L
April 2024turnover
34.1k
-21%
operating profit
-3k
0%
gross margin
19.7%
+2.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
753
-0.8%
total assets
910
-0.79%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
nice records limited company details
company number
13368652
Type
Private limited with Share Capital
industry
59200 - Sound recording and music publishing activities
incorporation date
April 2021
age
3
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2024
previous names
N/A
accountant
-
auditor
-
address
2 manor farm court, old wolverton road, milton keynes, buckinghamshire, MK12 5NN
Bank
-
Legal Advisor
-
nice records 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 nice records limited.
nice records limited Companies House Filings - See Documents
| date | description | view/download |
|---|
