The Guitar, Amp & Keyboard Centre LtdDissolved
Registered name: THE GUITAR, AMP & KEYBOARD CENTRE LTD
The Guitar, Amp & Keyboard Centre Ltd made £21.4m revenue and £9k profit in the year to 30 Sep 2023.
The Guitar, Amp & Keyboard Centre Ltd’s revenue fell 8% to £21.4m in the year to 30 Sep 2023, with £9k profit and 58 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2022 | 30 Sep 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £23.1m | £21.4m |
| Cost of sales | £21.4m | £19.6m |
| Gross profit | £1.8m | £1.8m |
| Operating profit | £15.1k | £14.1k |
| Profit before tax | £11.2k | £7.3k |
| Profit after tax | £12.6k | £9k |
| Profit (best available) | £12.6k | £9k |
| Staff costs | £1.7m | £1.8m |
| Employees (average) | 63 | 58 |
| Ratios | ||
| Profit margin | 0.1% | 0% |
| Gross margin | 7.6% | 8.5% |
| Revenue per employee | £367k | £369k |
| Profit per employee | £201 | £155 |
| Cash conversion | −5328% | 200.6% |
| Growth (year on year) | ||
| Revenue growth | — | ▼7.5% |
| Profit growth | — | ▼28.7% |
| Headcount growth | — | ▼7.9% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £18.7k | £6.8k |
| Net assets | £2.1m | £2.1m |
| Fixed assets | £37.1k | £28.8k |
| Current assets | £5.8m | £5.3m |
| Debtors | £230k | £207k |
| Cash from operations | −£802k | £28.2k |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 |
How the business works
- Profit margin
- 0%
- Profit ÷ revenue.
- Gross margin
- 8.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £369k
- Revenue ÷ average employees.
- Profit per employee
- £155
- Profit ÷ average employees.
- Cash conversion
- 200.6%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲0%
- Now £2.1m
- Cash at bank
- ▼64%
- Now £6.8k
- Headcount
- ▼8%
- Now 58
- Deferred income
- —
- Now —
- Fixed assets
- ▼22%
- Now £28.8k
Sources
Latest figures from FullAccounts for the year to 30 Sep 2023 (profit £9k), from the Companies House accounts bulk data published Jun 2024. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.