theatre royal (norwich) trust limited
theatre royal (norwich) trust limited Company Information
Company Number
00997352
Next Accounts
Dec 2024
Industry
Support activities to performing arts
Operation of historical sites and buildings and similar visitor attractions
Shareholders
-
Group Structure
View All
Contact
Registered Address
the theatre royal, theatre street, norwich, NR2 1RL
theatre royal (norwich) trust limited Estimated Valuation
Pomanda estimates the enterprise value of THEATRE ROYAL (NORWICH) TRUST LIMITED at £18.1m based on a Turnover of £18.4m and 0.99x industry multiple (adjusted for size and gross margin).
theatre royal (norwich) trust limited Estimated Valuation
Pomanda estimates the enterprise value of THEATRE ROYAL (NORWICH) TRUST LIMITED at £1.9m based on an EBITDA of £142.1k and a 13.53x industry multiple (adjusted for size and gross margin).
theatre royal (norwich) trust limited Estimated Valuation
Pomanda estimates the enterprise value of THEATRE ROYAL (NORWICH) TRUST LIMITED at £11.4m based on Net Assets of £7.6m and 1.5x industry multiple (adjusted for liquidity).
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Theatre Royal (norwich) Trust Limited Overview
Theatre Royal (norwich) Trust Limited is a live company located in norwich, NR2 1RL with a Companies House number of 00997352. It operates in the performing arts sector, SIC Code 90010. Founded in December 1970, it's largest shareholder is unknown. Theatre Royal (norwich) Trust Limited is a mature, mid sized company, Pomanda has estimated its turnover at £18.4m with low growth in recent years.
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Theatre Royal (norwich) Trust Limited Health Check
Pomanda's financial health check has awarded Theatre Royal (Norwich) Trust Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
4 Weak
Size
annual sales of £18.4m, make it larger than the average company (£360.4k)
£18.4m - Theatre Royal (norwich) Trust Limited
£360.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (3.4%)
2% - Theatre Royal (norwich) Trust Limited
3.4% - Industry AVG
Production
with a gross margin of 46.8%, this company has a comparable cost of product (46.8%)
46.8% - Theatre Royal (norwich) Trust Limited
46.8% - Industry AVG
Profitability
an operating margin of -3.6% make it less profitable than the average company (5.4%)
-3.6% - Theatre Royal (norwich) Trust Limited
5.4% - Industry AVG
Employees
with 237 employees, this is above the industry average (8)
237 - Theatre Royal (norwich) Trust Limited
8 - Industry AVG
Pay Structure
on an average salary of £17.1k, the company has a lower pay structure (£23.6k)
£17.1k - Theatre Royal (norwich) Trust Limited
£23.6k - Industry AVG
Efficiency
resulting in sales per employee of £77.6k, this is more efficient (£61.8k)
£77.6k - Theatre Royal (norwich) Trust Limited
£61.8k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (10 days)
0 days - Theatre Royal (norwich) Trust Limited
10 days - Industry AVG
Creditor Days
its suppliers are paid after 46 days, this is slower than average (25 days)
46 days - Theatre Royal (norwich) Trust Limited
25 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (18 days)
2 days - Theatre Royal (norwich) Trust Limited
18 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 27 weeks, this is less cash available to meet short term requirements (121 weeks)
27 weeks - Theatre Royal (norwich) Trust Limited
121 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 57.6%, this is a higher level of debt than the average (21.4%)
57.6% - Theatre Royal (norwich) Trust Limited
21.4% - Industry AVG
THEATRE ROYAL (NORWICH) TRUST LIMITED financials
Theatre Royal (Norwich) Trust Limited's latest turnover from April 2023 is £18.4 million and the company has net assets of £7.6 million. According to their latest financial statements, Theatre Royal (Norwich) Trust Limited has 237 employees and maintains cash reserves of £4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Apr 2012 | Apr 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 18,389,947 | 9,300,440 | 5,758,602 | 17,125,480 | 16,346,953 | 14,232,283 | 16,874,313 | 14,981,356 | 12,777,875 | 13,157,837 | 13,360,208 | 12,058,192 | 11,011,893 | 11,642,457 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -889,882 | -1,502,887 | 945,703 | -389,115 | 587,421 | -222,243 | 593,220 | 938,307 | 36,204 | 314,043 | 62,472 | 143,505 | 108,293 | 56,083 |
| Tax | 243,396 | 107,429 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -646,486 | -1,395,458 | 945,703 | -389,115 | 587,421 | -222,243 | 593,220 | 938,307 | 36,204 | 314,043 | 62,472 | 143,505 | 108,293 | 56,083 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -646,486 | -1,395,458 | 945,703 | -389,115 | 587,421 | -222,243 | 593,220 | 938,307 | 36,204 | 314,043 | 62,472 | 143,505 | 108,293 | 56,083 |
| Employee Costs | 4,053,704 | 2,690,580 | 3,057,518 | 3,983,653 | 3,909,570 | 3,687,006 | 3,475,455 | 3,017,366 | 2,782,534 | 2,646,188 | 2,512,937 | 2,501,044 | 2,400,621 | 2,210,218 |
| Number Of Employees | 237 | 146 | 132 | 203 | 203 | 197 | 193 | 180 | 168 | 167 | 166 | 164 | 157 | 158 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Apr 2012 | Apr 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 8,019,623 | 8,622,951 | 8,523,074 | 8,946,895 | 8,808,554 | 9,131,022 | 8,776,168 | 6,968,612 | 6,133,225 | 6,266,324 | 6,513,606 | 6,869,925 | 7,327,815 | 7,831,079 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 5,000,000 | 0 | 0 | 0 | 0 | 0 | 367,456 | 360,833 | 353,356 | 346,108 | 338,967 | 331,932 | 325,000 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 13,019,623 | 8,622,951 | 8,523,074 | 8,946,895 | 8,808,554 | 9,131,022 | 9,143,624 | 7,329,445 | 6,486,581 | 6,612,432 | 6,852,573 | 7,201,857 | 7,652,815 | 7,831,079 |
| Stock & work in progress | 61,909 | 64,824 | 24,494 | 47,105 | 49,168 | 45,898 | 47,975 | 54,114 | 52,011 | 54,759 | 38,718 | 35,153 | 40,593 | 35,690 |
| Trade Debtors | 30,709 | 48,768 | 25,676 | 292,165 | 157,770 | 224,261 | 249,422 | 105,875 | 72,707 | 37,096 | 101,475 | 98,010 | 183,763 | 147,128 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 767,026 | 385,472 | 595,194 | 757,909 | 1,275,927 | 323,281 | 170,181 | 216,319 | 158,355 | 172,786 | 200,367 | 183,740 | 341,168 | 758,031 |
| Cash | 4,033,009 | 9,226,296 | 8,550,776 | 5,246,123 | 5,524,398 | 5,491,504 | 3,977,222 | 5,792,093 | 4,993,506 | 3,502,463 | 3,337,071 | 3,050,278 | 1,071,422 | 304,791 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,892,653 | 9,725,360 | 9,196,140 | 6,343,302 | 7,007,263 | 6,084,944 | 4,444,800 | 6,168,401 | 5,276,579 | 3,767,104 | 3,677,631 | 3,367,181 | 1,636,946 | 1,245,640 |
| total assets | 17,912,276 | 18,348,311 | 17,719,214 | 15,290,197 | 15,815,817 | 15,215,966 | 13,588,424 | 13,497,846 | 11,763,160 | 10,379,536 | 10,530,204 | 10,569,038 | 9,289,761 | 9,076,719 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,256,927 | 759,459 | 58,504 | 758,175 | 836,403 | 882,634 | 850,425 | 654,124 | 330,635 | 305,799 | 397,908 | 325,250 | 289,869 | 771,264 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 6,454,524 | 6,793,057 | 5,519,954 | 5,838,750 | 5,897,027 | 5,838,366 | 4,020,790 | 4,805,805 | 4,308,254 | 2,924,259 | 3,296,861 | 3,470,825 | 2,370,434 | 1,784,290 |
| total current liabilities | 7,711,451 | 7,552,516 | 5,578,458 | 6,596,925 | 6,733,430 | 6,721,000 | 4,871,215 | 5,459,929 | 4,638,889 | 3,230,058 | 3,694,769 | 3,796,075 | 2,660,303 | 2,555,554 |
| loans | 2,603,794 | 2,552,278 | 2,501,781 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,603,794 | 2,552,278 | 2,501,781 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 10,315,245 | 10,104,794 | 8,080,239 | 6,596,925 | 6,733,430 | 6,721,000 | 4,871,215 | 5,459,929 | 4,638,889 | 3,230,058 | 3,694,769 | 3,796,075 | 2,660,303 | 2,555,554 |
| net assets | 7,597,031 | 8,243,517 | 9,638,975 | 8,693,272 | 9,082,387 | 8,494,966 | 8,717,209 | 8,037,917 | 7,124,271 | 7,149,478 | 6,835,435 | 6,772,963 | 6,629,458 | 6,521,165 |
| total shareholders funds | 7,597,031 | 8,243,517 | 9,638,975 | 8,693,272 | 9,082,387 | 8,494,966 | 8,717,209 | 8,037,917 | 7,124,271 | 7,149,478 | 6,835,435 | 6,772,963 | 6,629,458 | 6,521,165 |
| Apr 2023 | Apr 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Apr 2012 | Apr 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 806,079 | 782,561 | 666,419 | 645,893 | 594,968 | 575,045 | 532,065 | 486,342 | 480,194 | 469,291 | 515,219 | 583,119 | 563,190 | 529,548 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 243,396 | 107,429 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | -2,915 | 40,330 | -22,611 | -2,063 | 3,270 | -2,077 | -6,139 | 2,103 | -2,748 | 16,041 | 3,565 | -5,440 | 4,903 | 35,690 |
| Debtors | 363,495 | -186,630 | -429,204 | -383,623 | 886,155 | 127,939 | 97,409 | 91,132 | 21,180 | -91,960 | 20,092 | -243,181 | -380,228 | 905,159 |
| Creditors | 497,468 | 700,955 | -699,671 | -78,228 | -46,231 | 32,209 | 196,301 | 323,489 | 24,836 | -92,109 | 72,658 | 35,381 | -481,395 | 771,264 |
| Accruals and Deferred Income | -338,533 | 1,273,103 | -318,796 | -58,277 | 58,661 | 1,817,576 | -785,015 | 497,551 | 1,383,995 | -372,602 | -173,964 | 1,100,391 | 586,144 | 1,784,290 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -294,899 | -2,339,621 | -1,329,206 | -354,342 | -229,150 | -165,935 | -132,162 | -384,926 | -1,224,913 |
| Change in Investments | 5,000,000 | 0 | 0 | 0 | 0 | -367,456 | 6,623 | 7,477 | 7,248 | 7,141 | 7,035 | 6,932 | 325,000 | 0 |
| cash flow from investments | -5,000,000 | 0 | 0 | 0 | 0 | 72,557 | -2,346,244 | -1,336,683 | -361,590 | -236,291 | -172,970 | -139,094 | -709,926 | -1,224,913 |
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 51,516 | 50,497 | 2,501,781 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 51,516 | 50,497 | 2,501,781 | 0 | 0 | 0 | 86,072 | -24,661 | -61,411 | 0 | 0 | 0 | 0 | 6,465,082 |
| cash and cash equivalents | ||||||||||||||
| cash | -5,193,287 | 675,520 | 3,304,653 | -278,275 | 32,894 | 1,514,282 | -1,814,871 | 798,587 | 1,491,043 | 165,392 | 286,793 | 1,978,856 | 766,631 | 304,791 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -5,193,287 | 675,520 | 3,304,653 | -278,275 | 32,894 | 1,514,282 | -1,814,871 | 798,587 | 1,491,043 | 165,392 | 286,793 | 1,978,856 | 766,631 | 304,791 |
theatre royal (norwich) trust limited Credit Report and Business Information
Theatre Royal (norwich) Trust Limited Competitor Analysis
Perform a competitor analysis for theatre royal (norwich) trust limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other mid companies, companies in NR2 area or any other competitors across 12 key performance metrics.
theatre royal (norwich) trust limited Ownership
THEATRE ROYAL (NORWICH) TRUST LIMITED group structure
Theatre Royal (Norwich) Trust Limited has 1 subsidiary company.
Ultimate parent company
THEATRE ROYAL (NORWICH) TRUST LIMITED
00997352
1 subsidiary
theatre royal (norwich) trust limited directors
Theatre Royal (Norwich) Trust Limited currently has 11 directors. The longest serving directors include Mr Timothy Seeley (Nov 2018) and Mr John Lloyd (Jan 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Timothy Seeley | 64 years | Nov 2018 | - | Director | |
| Mr John Lloyd | 76 years | Jan 2019 | - | Director | |
| Ms Sharon Wilson | 54 years | Jan 2019 | - | Director | |
| Mr David Fullman | England | 72 years | May 2019 | - | Director |
| Mr Tobias Wilson | 57 years | Dec 2019 | - | Director | |
| Ms Laura McGillivray | 71 years | Jun 2020 | - | Director | |
| Ms Judeline Nicholas | England | 65 years | Nov 2022 | - | Director |
| Miss Anna Mudeka | 48 years | Nov 2022 | - | Director | |
| Mr Thomas Sleigh | 45 years | Nov 2023 | - | Director | |
| Ms Kay Mason Billig | 61 years | Mar 2024 | - | Director |
P&L
April 2023turnover
18.4m
+98%
operating profit
-664k
0%
gross margin
46.9%
+0.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
7.6m
-0.08%
total assets
17.9m
-0.02%
cash
4m
-0.56%
net assets
Total assets minus all liabilities
theatre royal (norwich) trust limited company details
company number
00997352
Type
Private Ltd By Guarantee w/o Share Cap
industry
90020 - Support activities to performing arts
91030 - Operation of historical sites and buildings and similar visitor attractions
90010 - Performing arts
incorporation date
December 1970
age
54
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
BDO LLP
address
the theatre royal, theatre street, norwich, NR2 1RL
Bank
LLOYDS TSB BANK PLC, LLOYDS TSB BANK PLC, LLOYDS TSB BANK PLC
Legal Advisor
-
theatre royal (norwich) trust 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 2 charges/mortgages relating to theatre royal (norwich) trust limited. Currently there are 0 open charges and 2 have been satisfied in the past.
theatre royal (norwich) trust 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.
Click to start generating capital raising & share issue transactions for THEATRE ROYAL (NORWICH) TRUST LIMITED. This can take several minutes, an email will notify you when this has completed.
theatre royal (norwich) trust limited Companies House Filings - See Documents
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