audio network finance limited
audio network finance limited Company Information
Company Number
14146852
Next Accounts
Dec 2024
Industry
Activities of patent and copyright agents; other legal activities (other than those of barristers and solicitors) n.e.c.
Other information service activities n.e.c.
Shareholders
sesac finance llc
Group Structure
View All
Contact
Registered Address
1 bartholomew lane, london, EC2N 2AX
Website
-audio network finance limited Estimated Valuation
Pomanda estimates the enterprise value of AUDIO NETWORK FINANCE LIMITED at £35m based on a Turnover of £20.4m and 1.72x industry multiple (adjusted for size and gross margin).
audio network finance limited Estimated Valuation
Pomanda estimates the enterprise value of AUDIO NETWORK FINANCE LIMITED at £94.5m based on an EBITDA of £11.2m and a 8.43x industry multiple (adjusted for size and gross margin).
audio network finance limited Estimated Valuation
Pomanda estimates the enterprise value of AUDIO NETWORK FINANCE LIMITED at £0 based on Net Assets of £-59.3m and 2.14x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Audio Network Finance Limited Overview
Audio Network Finance Limited is a live company located in london, EC2N 2AX with a Companies House number of 14146852. It operates in the other information service activities n.e.c. sector, SIC Code 63990. Founded in June 2022, it's largest shareholder is sesac finance llc with a 100% stake. Audio Network Finance Limited is a startup, large sized company, Pomanda has estimated its turnover at £20.4m with unknown growth in recent years.
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Audio Network Finance Limited Health Check
Pomanda's financial health check has awarded Audio Network Finance Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
2 Weak
Size
annual sales of £20.4m, make it larger than the average company (£667.1k)
£20.4m - Audio Network Finance Limited
£667.1k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Audio Network Finance Limited
- - Industry AVG
Production
with a gross margin of 88.4%, this company has a lower cost of product (64.7%)
88.4% - Audio Network Finance Limited
64.7% - Industry AVG
Profitability
an operating margin of 52.2% make it more profitable than the average company (10.7%)
52.2% - Audio Network Finance Limited
10.7% - Industry AVG
Employees
with 364 employees, this is above the industry average (12)
- Audio Network Finance Limited
12 - Industry AVG
Pay Structure
on an average salary of £29.1k, the company has an equivalent pay structure (£29.1k)
- Audio Network Finance Limited
£29.1k - Industry AVG
Efficiency
resulting in sales per employee of £56k, this is equally as efficient (£60.2k)
- Audio Network Finance Limited
£60.2k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is earlier than average (36 days)
14 days - Audio Network Finance Limited
36 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Audio Network Finance Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Audio Network Finance Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (91 weeks)
1 weeks - Audio Network Finance Limited
91 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 298.8%, this is a higher level of debt than the average (36.9%)
298.8% - Audio Network Finance Limited
36.9% - Industry AVG
AUDIO NETWORK FINANCE LIMITED financials
Audio Network Finance Limited's latest turnover from March 2023 is £20.4 million and the company has net assets of -£59.3 million. According to their latest financial statements, we estimate that Audio Network Finance Limited has 364 employees and maintains cash reserves of £288.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | |
|---|---|
| Turnover | 20,389,134 |
| Other Income Or Grants | 0 |
| Cost Of Sales | 2,366,791 |
| Gross Profit | 18,022,344 |
| Admin Expenses | 7,388,714 |
| Operating Profit | 10,633,630 |
| Interest Payable | 3,867,224 |
| Interest Receivable | 529 |
| Pre-Tax Profit | 6,766,935 |
| Tax | -950,855 |
| Profit After Tax | 5,816,080 |
| Dividends Paid | 0 |
| Retained Profit | 5,816,080 |
| Employee Costs | |
| Number Of Employees | |
| EBITDA* | 11,203,556 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | |
|---|---|
| Tangible Assets | 0 |
| Intangible Assets | 8,977,492 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 8,977,492 |
| Stock & work in progress | 0 |
| Trade Debtors | 826,246 |
| Group Debtors | 12,036,204 |
| Misc Debtors | 7,691,548 |
| Cash | 288,104 |
| misc current assets | 0 |
| total current assets | 20,842,102 |
| total assets | 29,819,594 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 0 |
| Group/Directors Accounts | 6,179,230 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 5,533,781 |
| total current liabilities | 11,713,011 |
| loans | 77,383,713 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 77,383,713 |
| total liabilities | 89,096,725 |
| net assets | -59,277,131 |
| total shareholders funds | -59,277,131 |
| Mar 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | 10,633,630 |
| Depreciation | 0 |
| Amortisation | 569,926 |
| Tax | -950,855 |
| Stock | 0 |
| Debtors | 20,553,997 |
| Creditors | 0 |
| Accruals and Deferred Income | 5,533,781 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | -4,767,515 |
| Investing Activities | |
| capital expenditure | 0 |
| Change in Investments | 0 |
| cash flow from investments | 0 |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 6,179,230 |
| Other Short Term Loans | 0 |
| Long term loans | 77,383,713 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | -3,866,695 |
| cash flow from financing | 14,603,037 |
| cash and cash equivalents | |
| cash | 288,104 |
| overdraft | 0 |
| change in cash | 288,104 |
audio network finance limited Credit Report and Business Information
Audio Network Finance Limited Competitor Analysis
Perform a competitor analysis for audio network finance limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in EC2N area or any other competitors across 12 key performance metrics.
audio network finance limited Ownership
AUDIO NETWORK FINANCE LIMITED group structure
Audio Network Finance Limited has 1 subsidiary company.
Ultimate parent company
SESAC FINANCE LLC
#0154045
1 parent
AUDIO NETWORK FINANCE LIMITED
14146852
1 subsidiary
audio network finance limited directors
Audio Network Finance Limited currently has 7 directors. The longest serving directors include Mr Malcolm Hawker (Jun 2022) and Mr Olivier Morato (Jul 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Malcolm Hawker | England | 58 years | Jun 2022 | - | Director |
| Mr Olivier Morato | United Kingdom | 54 years | Jul 2022 | - | Director |
| Mr James Smith | United Kingdom | 55 years | Jul 2022 | - | Director |
| Mr John-Paul Nowacki | United Kingdom | 45 years | Jul 2022 | - | Director |
| Dr Simon Anderson | England | 57 years | Jul 2022 | - | Director |
| Ms Catherine McGrath | United Kingdom | 34 years | Jan 2023 | - | Director |
| Mr Michael Deighan | England | 37 years | Feb 2023 | - | Director |
P&L
March 2023turnover
20.4m
0%
operating profit
10.6m
0%
gross margin
88.4%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-59.3m
0%
total assets
29.8m
0%
cash
288.1k
0%
net assets
Total assets minus all liabilities
Similar Companies
audio network finance limited company details
company number
14146852
Type
Private limited with Share Capital
industry
69109 - Activities of patent and copyright agents; other legal activities (other than those of barristers and solicitors) n.e.c.
63990 - Other information service activities n.e.c.
incorporation date
June 2022
age
2
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
HW FISHER LLP
address
1 bartholomew lane, london, EC2N 2AX
Bank
-
Legal Advisor
-
audio network finance 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 5 charges/mortgages relating to audio network finance limited. Currently there are 5 open charges and 0 have been satisfied in the past.
audio network finance limited Companies House Filings - See Documents
| date | description | view/download |
|---|
