PROPER MUSIC DISTRIBUTION LIMITED

1-5 APPLEGARTH DRIVE, QUESTOR, DARTFORD, KENT, DA1 1JD

Company Number: 02807811
Incorporation date: 07-Apr-1993
Status: Active
Entity type: Private Limited Company

SIC codes:
46431 Wholesale of audio tapes, records, CDs and video tapes and the equipment on which these are played
47630 Retail sale of music and video recordings in specialised stores




SUMMARY

This company is 31 years old and is currently active. It is controlled by Proper Music Group Limited. The company has positive equity (net assets) of GBP 550 thousand which has increased from GBP 298.1 thousand in the previous year. The latest reported revenue figure is GBP 30.1 million which is down -30% on the previous year. The company has 2 active officers (directors or partners) who are or were officers of 13 other companies. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Sep-2024
Accounts Filed: FULL (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2022 GBP 30,064,564 -1,724,796 331 5,758 1,870 -1,732,093
31-Mar-2022 GBP 42,045,203 -895,815 9 38,134 31,600 305,055
31-Mar-2021 GBP 37,977,401 -34,585 66,785 -43,779 -57,591
31-Mar-2020 GBP 33,379,943 84,152 106 120,291 -59,328 23,295
31-Mar-2019 GBP 25,664,941 -557,404 31 173,340 -17,684 -713,029
31-Mar-2018 GBP 23,512,471 -705,587 37 98,049 457 -804,056
31-Mar-2017 GBP 25,686,401 130,610 12,957 4,355 24,212 115,000
31-Mar-2016 GBP 20,975,767 159,912 2,133 31,748 126,031


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2022 GBP 1,810,496 11,743,461 12,924,474 1,924 1,140 548,811 549,951
31-Mar-2022 GBP 891,271 10,282,812 11,608,868 5,969 1,140 296,990 298,130
31-Mar-2021 GBP 1,296,100 9,788,455 11,419,146 111,394 1,140 -8,065 -6,925
31-Mar-2020 GBP 989,608 9,787,622 10,808,651 827,526 1,140 49,526 50,666
31-Mar-2019 GBP 767,541 7,580,792 1,130,172 1,140 26,231 27,371
31-Mar-2018 GBP 105,266 7,375,083 1,095,557 1,476,446 1,140 739,260 740,400
31-Mar-2017 GBP 1,400,830 7,181,394 494,359 1,140 1,543,316 1,544,456
31-Mar-2016 GBP 1,439,516 6,358,217 5,031,535 1,140 1,428,316 1,429,456

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Resigned Miriam Bernadette Brigid MILLS 19 Jan 1996 15 Feb 2022 Company Secretary British 0 - 10
Resigned Rachel Rebecca JONES 31 Oct 1994 19 Jan 1996 0 - 1
Resigned Miriam Bernadette Brigid MILLS 14 May 1993 31 Oct 1994 0 - 10

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Resigned Bastien Louis Albert VIDAL 30 Mar 2023 19 Apr 2023 Cfo French 0 - 121 (8.3%)
Resigned Giulio Bruno Guglielmo Leo SANNITZ 15 Feb 2022 28 Nov 2022 Senior Manager Business & Legal Affairs Swiss 0 - 120 (0.0%)
Active Giulio Bruno Guglielmo Leo SANNITZ 15 Feb 2022 Senior Manager Business & Legal Affairs Swiss 1 - 00 (0.0%)
Resigned Malcolm Stuart MILLS 31 Mar 2013 15 Feb 2022 Company Director British 1 - 172 (11.1%)
Active Andrew Steven HILL 21 Aug 2012 Managing Director British 12 - 31 (6.7%)
Resigned Andrew Steven HILL 28 Apr 2009 01 Jul 2011 Director British 12 - 31 (6.7%)
Resigned Steven John MATTHEWS 18 Sep 2007 01 Nov 2008 Sales Director British 0 - 10 (0.0%)
Resigned Robert HUTCHISON 18 Sep 2007 16 Oct 2012 Wholesale Director British 0 - 21 (50.0%)
Resigned Gary Roy HARRIES 18 Sep 2007 01 Nov 2008 Operations Director British 0 - 10 (0.0%)
Resigned Stephen KERSLEY 31 May 2003 10 Aug 2012 Director British 0 - 41 (25.0%)
Resigned Anton Louis ENGLE 01 Mar 2000 31 Oct 2012 Record Producer British 2 - 82 (20.0%)
Resigned Richard PORTER 01 Mar 2000 05 Nov 2002 Director British 0 - 10 (0.0%)
Resigned John Richard GLOCKLER 01 May 1997 01 Apr 2014 General Manager British 0 - 51 (20.0%)
Resigned Philip Reginald HARDING 01 May 1997 19 Nov 2001 Export Manager British 0 - 10 (0.0%)
Resigned Graham Kenneth JONES 01 May 1997 01 Apr 2007 Sales British 0 - 20 (0.0%)
Resigned Malcolm Stuart MILLS 19 Jan 1996 01 Jul 2011 Company Secretary British 1 - 172 (11.1%)
Resigned Graham Kenneth JONES 31 Oct 1994 19 Jan 1996 Sales Dir British 0 - 20 (0.0%)
Resigned Malcolm Stuart MILLS 14 May 1993 31 Oct 1994 Director British 1 - 172 (11.1%)
Resigned ALPHA DIRECT LIMITED 07 Apr 1993 14 May 1993 1 - 818353 (43.1%)
Resigned ALPHA SECRETARIAL LIMITED 07 Apr 1993 14 May 1993 0 - 1512637 (42.1%)
Number of active directors: 2
Average tenure of active directors: 6.9 years
Average tenure of resigned directors: 5.2 years
Average active director Dissolution Rate: 3.3%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
TOPIC RECORDS LIMITED (00596845) - Active
ENTERTAINMENT RETAILERS ASSOCIATION (02268007) - Active
PROPER MUSIC DISTRIBUTION LIMITED (02807811) - Active
PROPER RECORDS LIMITED (03029900) - Active
THE OFFICIAL UK CHARTS COMPANY LIMITED (03507334) - Active
PROPER MUSIC PUBLISHING LIMITED (03700278) - Active
PROPER MUSIC GROUP LTD (03894953) - Active
NAVIGATOR RECORDS LIMITED (06394939) - Active
PROPER NOTE LIMITED (06821513) - Active
PROPERMUSIC.COM LIMITED (07679030) - Active
PROPER MUSIC GROUP TRADING LIMITED (07679148) - Dissolved
ANGLESEY DISTINCTIVE PROPERTIES MANAGEMENT COMPANY LIMITED (10081832) - Active
TOPIC MUSIC LIMITED (10126426) - Active
UTOPIA DISTRIBUTION SERVICES LIMITED (14340608) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2018-04-072016-04-072015-04-072014-04-072013-04-07
PROPER MUSIC GROUP LIMITEDORDINARY1,140
100%
1,006
88.2%
0
0%
0
0%
0
0%
GRAHAM KENNETH JONESORDINARY0
0%
67
5.88%
63
5.53%
63
5.53%
63
5.53%
JOHN RICHARD GLOCKLERORDINARY0
0%
67
5.88%
63
5.53%
63
5.53%
63
5.53%
PROPER MUSIC GROUP LTDORDINARY0
0%
0
0%
951
83.4%
951
83.4%
951
83.4%
ANTON ENGLEORDINARY0
0%
0
0%
63
5.53%
63
5.53%
63
5.53%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

PROPER MUSIC DISTRIBUTION LIMITED

no controlled companies

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 46431 Wholesale of audio tapes, records, CDs and video tapes and the equipment on which these are played)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
WARNER MUSIC UK LIMITED CANNON PLACE, 78, CANNON STREET, LONDON, ENGLAND, EC4N 6AF 00680511 2017-09-29 197,397,000 18,846,000 59200-Sound recording and music publishing activities
BOSE LIMITED BOSE HOUSE QUAYSIDE, CHATHAM MARITIME, CHATHAM, KENT, ME4 4QZ 01187672 2018-03-31 110,522,000 2,660,000
POLAR AUDIO LIMITED 19 MONTPELIER AVENUE, BEXLEY, KENT, DA5 3AP 00957438 2017-12-31 11,975,721 0
AMPREGEN LTD 35 CHURCH STREET, DIDCOT, OXFORDSHIRE, OX11 8DG 08523460 2018-05-31 3,819 0 47890-Retail sale via stalls and markets of other goods
47990-Other retail sale not in stores, stalls or markets
95210-Repair of consumer electronics
HORIZON RECORDS LIMITED 1ST FLOOR SOUTH DOWN HOUSE, STATION ROAD, PETERSFIELD, HAMPSHIRE, GU32 3ET 05063552 2018-03-31 3,677 0
ICONIX GROUP LIMITED 46 LANDSBURG ROAD, CANVEY ISLAND, ENGLAND, SS8 8HW 10012683 2018-02-17 2,902 0 47430-Retail sale of audio and video equipment in specialised stores
63110-Data processing, hosting and related activities
FRESH RADIO 247 LTD CARE OF ADDRESS 27A, 27A EASTFIELD ROAD, SOUTHAMPTON, HAMPSHIRE, UNITED KINGDOM, SO17 2JF 10297905 2018-07-31 0 0 60100-Radio broadcasting
90020-Support activities to performing arts

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
PROPER MUSIC DISTRIBUTION LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.3% 1.3% 2.4% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.8% 3.8% 7.5% Medium
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