musiqmesh limited
musiqmesh limited Company Information
Company Number
14193423
Next Accounts
Mar 2026
Shareholders
vittorio lovece
kiranjit ahluwalia
Group Structure
View All
Industry
Business and domestic software development
Registered Address
124 city road, london, EC1V 2NX
Website
musiqmesh.commusiqmesh limited Estimated Valuation
Pomanda estimates the enterprise value of MUSIQMESH LIMITED at £102.4k based on a Turnover of £153.3k and 0.67x industry multiple (adjusted for size and gross margin).
musiqmesh limited Estimated Valuation
Pomanda estimates the enterprise value of MUSIQMESH LIMITED at £100.4k based on an EBITDA of £24.7k and a 4.07x industry multiple (adjusted for size and gross margin).
musiqmesh limited Estimated Valuation
Pomanda estimates the enterprise value of MUSIQMESH LIMITED at £0 based on Net Assets of £-102.3k and 2.38x industry multiple (adjusted for liquidity).
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Musiqmesh Limited Overview
Musiqmesh Limited is a live company located in london, EC1V 2NX with a Companies House number of 14193423. It operates in the business and domestic software development sector, SIC Code 62012. Founded in June 2022, it's largest shareholder is vittorio lovece with a 50% stake. Musiqmesh Limited is a startup, micro sized company, Pomanda has estimated its turnover at £153.3k with unknown growth in recent years.
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Musiqmesh Limited Health Check
Pomanda's financial health check has awarded Musiqmesh Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
5 Weak
Size
annual sales of £153.3k, make it smaller than the average company (£4.2m)
- Musiqmesh Limited
£4.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Musiqmesh Limited
- - Industry AVG
Production
with a gross margin of 42.3%, this company has a higher cost of product (72.8%)
- Musiqmesh Limited
72.8% - Industry AVG
Profitability
an operating margin of 16.1% make it more profitable than the average company (4%)
- Musiqmesh Limited
4% - Industry AVG
Employees
with 1 employees, this is below the industry average (36)
- Musiqmesh Limited
36 - Industry AVG
Pay Structure
on an average salary of £69.5k, the company has an equivalent pay structure (£69.5k)
- Musiqmesh Limited
£69.5k - Industry AVG
Efficiency
resulting in sales per employee of £153.3k, this is more efficient (£125.3k)
- Musiqmesh Limited
£125.3k - Industry AVG
Debtor Days
it gets paid by customers after 90 days, this is later than average (57 days)
- Musiqmesh Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 1087 days, this is slower than average (40 days)
- Musiqmesh Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Musiqmesh Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Musiqmesh Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 162.8%, this is a higher level of debt than the average (59.1%)
162.8% - Musiqmesh Limited
59.1% - Industry AVG
MUSIQMESH LIMITED financials
Musiqmesh Limited's latest turnover from June 2024 is estimated at £153.3 thousand and the company has net assets of -£102.3 thousand. According to their latest financial statements, we estimate that Musiqmesh Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2024 | Jun 2023 | |
|---|---|---|
| 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 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2024 | Jun 2023 | |
|---|---|---|
| Tangible Assets | 124,950 | |
| Intangible Assets | ||
| Investments & Other | ||
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | 124,950 | |
| Stock & work in progress | ||
| Trade Debtors | 38,012 | 48,192 |
| Group Debtors | ||
| Misc Debtors | ||
| Cash | ||
| misc current assets | ||
| total current assets | 38,012 | 48,192 |
| total assets | 162,962 | 48,192 |
| Bank overdraft | ||
| Bank loan | ||
| Trade Creditors | 263,486 | 168,964 |
| Group/Directors Accounts | ||
| other short term finances | ||
| hp & lease commitments | ||
| other current liabilities | ||
| total current liabilities | 263,486 | 168,964 |
| loans | ||
| hp & lease commitments | ||
| Accruals and Deferred Income | 1,760 | |
| other liabilities | ||
| provisions | ||
| total long term liabilities | 1,760 | |
| total liabilities | 265,246 | 168,964 |
| net assets | -102,284 | -120,772 |
| total shareholders funds | -102,284 | -120,772 |
| Jun 2024 | Jun 2023 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | ||
| Amortisation | ||
| Tax | ||
| Stock | ||
| Debtors | -10,180 | 48,192 |
| Creditors | 94,522 | 168,964 |
| Accruals and Deferred Income | 1,760 | |
| Deferred Taxes & Provisions | ||
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | ||
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | ||
| Group/Directors Accounts | ||
| Other Short Term Loans | ||
| Long term loans | ||
| Hire Purchase and Lease Commitments | ||
| other long term liabilities | ||
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | ||
| overdraft | ||
| change in cash |
musiqmesh limited Credit Report and Business Information
Musiqmesh Limited Competitor Analysis
Perform a competitor analysis for musiqmesh limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in EC1V area or any other competitors across 12 key performance metrics.
musiqmesh limited Ownership
MUSIQMESH LIMITED group structure
Musiqmesh Limited has no subsidiary companies.
Ultimate parent company
MUSIQMESH LIMITED
14193423
musiqmesh limited directors
Musiqmesh Limited currently has 2 directors. The longest serving directors include Mr Vittorio Lovece (Jun 2022) and Mr Kiranjit Ahluwalia (Jun 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Vittorio Lovece | England | 54 years | Jun 2022 | - | Director |
| Mr Kiranjit Ahluwalia | England | 55 years | Jun 2022 | - | Director |
P&L
June 2024turnover
153.3k
+1%
operating profit
24.7k
0%
gross margin
42.4%
+0.75%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
-102.3k
-0.15%
total assets
163k
+2.38%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
musiqmesh limited company details
company number
14193423
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
June 2022
age
3
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2024
previous names
N/A
accountant
FORBES YOUNG
auditor
-
address
124 city road, london, EC1V 2NX
Bank
-
Legal Advisor
-
musiqmesh 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 musiqmesh limited.
musiqmesh 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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musiqmesh limited Companies House Filings - See Documents
| date | description | view/download |
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