Pomanda estimates the enterprise value of THE OPEN ART FAIR LIMITED at £709.8k based on a Turnover of £1.3m and 0.56x industry multiple (adjusted for size and gross margin).
the open art fair limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of THE OPEN ART FAIR LIMITED at £0 based on an EBITDA of £-9.4k and a 3.34x industry multiple (adjusted for size and gross margin).
the open art fair limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of THE OPEN ART FAIR LIMITED at £0 based on Net Assets of £-101.3k and 2.07x industry multiple (adjusted for liquidity).
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The Open Art Fair LimitedOverview
The Open Art Fair Limited is a live company located in london, SE11 5DP with a Companies House number of 01189129. It operates in the activities of exhibition and fair organisers sector, SIC Code 82301. Founded in October 1974, it's largest shareholder is
sungoose events ltd
with a 80% stake. The Open Art Fair Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£1.3m with
rapid
growth in recent years.
Pomanda's financial health check has awarded The Open Art Fair Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
2 Regular
6 Weak
Size
annual sales of £1.3m, make it in line with the average company (£1.5m)
£1.3m - The Open Art Fair Limited
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 45%, show it is growing at a faster rate (-3%)
45% - The Open Art Fair Limited
-3% - Industry AVG
Production
with a gross margin of 29.5%, this company has a higher cost of product (46.9%)
29.5% - The Open Art Fair Limited
46.9% - Industry AVG
Profitability
an operating margin of -0.7% make it less profitable than the average company (7.6%)
-0.7% - The Open Art Fair Limited
7.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (7)
3 - The Open Art Fair Limited
7 - Industry AVG
Pay Structure
on an average salary of £58k, the company has an equivalent pay structure (£58k)
£58k - The Open Art Fair Limited
£58k - Industry AVG
Efficiency
resulting in sales per employee of £421.5k, this is more efficient (£199.3k)
£421.5k - The Open Art Fair Limited
£199.3k - Industry AVG
Debtor Days
it gets paid by customers after 186 days, this is later than average (42 days)
186 days - The Open Art Fair Limited
42 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (23 days)
4 days - The Open Art Fair Limited
23 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Open Art Fair Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - The Open Art Fair Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 115.7%, this is a higher level of debt than the average (66.3%)
115.7% - The Open Art Fair Limited
66.3% - Industry AVG
THE OPEN ART FAIR LIMITED financials
EXPORT
The Open Art Fair Limited's latest turnover from June 2023 is estimated at £1.3 million and the company has net assets of -£101.3 thousand. According to their latest financial statements, The Open Art Fair Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
1,264,537
364,360
128,075
414,769
297,251
1,147,703
2,320,585
227,424
1,265,004
765,223
717,518
1,224,173
1,066,033
Other Income Or Grants
Cost Of Sales
891,623
287,590
142,761
277,606
206,552
167,090
913,006
566,694
519,198
888,004
815,446
Gross Profit
372,913
76,770
-14,686
137,162
90,699
1,147,703
2,320,585
60,335
351,998
198,530
198,320
336,169
250,587
Admin Expenses
382,291
290,006
-250,585
581,168
51,260
1,130,654
2,169,218
3,320
331,206
330,289
164,912
332,111
291,480
-396,250
Operating Profit
-9,378
-213,236
235,899
-444,006
39,439
17,049
151,367
57,015
20,792
-131,759
33,408
4,058
-40,893
396,250
Interest Payable
5,294
6,975
2,520
Interest Receivable
1,993
187
201
2,694
221
642
4,215
4,004
3,861
4,126
4,110
3,951
1,943
Pre-Tax Profit
-9,378
-216,537
229,111
-446,326
42,133
17,270
152,009
61,230
24,796
-127,898
37,534
8,168
-36,942
398,193
Tax
-43,531
-8,005
-3,475
-31,207
-12,246
-5,207
-9,008
-2,124
-111,494
Profit After Tax
-9,378
-216,537
185,580
-446,326
34,128
13,795
120,802
48,984
19,589
-127,898
28,526
6,044
-36,942
286,699
Dividends Paid
Retained Profit
-9,378
-216,537
185,580
-446,326
34,128
13,795
120,802
48,984
19,589
-127,898
28,526
6,044
-36,942
286,699
Employee Costs
174,063
149,337
151,617
213,173
199,024
210,893
189,623
96,350
257,391
158,297
154,459
262,690
208,065
Number Of Employees
3
3
3
4
4
4
4
2
5
3
3
5
5
EBITDA*
-9,378
-213,236
236,561
-444,006
39,439
17,221
152,325
58,177
21,861
-130,724
34,391
5,555
-40,059
397,555
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
1,164
1,258
1,731
760
172
1,130
1,511
867
1,407
1,884
903
1,425
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,164
1,258
1,731
760
172
1,130
1,511
867
1,407
1,884
903
1,425
Stock & work in progress
Trade Debtors
645,980
178,925
69,665
13,965
14,796
40,498
97,789
68,652
62,226
128,266
95,563
114,631
Group Debtors
30,000
30,000
30,000
30,000
Misc Debtors
181,527
69,140
49,513
23,645
29,593
82,277
Cash
318,927
55,367
346,454
371,955
355,168
819,329
866,798
734,800
809,436
840,965
802,848
777,362
misc current assets
total current assets
645,980
178,925
500,454
194,172
425,967
439,565
429,557
972,104
964,587
803,452
871,662
969,231
898,411
891,993
total assets
647,144
180,183
502,185
194,932
425,967
439,565
429,729
973,234
966,098
804,319
873,069
971,115
899,314
893,418
Bank overdraft
50,000
Bank loan
Trade Creditors
10,937
82,171
190,671
124,603
18,773
37,867
14,631
81,151
790,078
647,888
588,667
715,191
649,555
606,717
Group/Directors Accounts
38,791
38,791
other short term finances
hp & lease commitments
other current liabilities
1,954
9,764
50,463
69,292
667,079
total current liabilities
10,937
82,171
281,416
173,158
18,773
88,330
83,923
748,230
790,078
647,888
588,667
715,191
649,555
606,717
loans
96,054
82,639
hp & lease commitments
Accruals and Deferred Income
600
80,075
21,831
other liabilities
736,907
109,859
provisions
73
121
total long term liabilities
737,507
189,934
96,054
82,639
21,831
73
121
total liabilities
748,444
272,105
377,470
255,797
40,604
88,330
83,923
748,230
790,078
647,888
588,740
715,312
649,555
606,717
net assets
-101,300
-91,922
124,715
-60,865
385,363
351,235
345,806
225,004
176,020
156,431
284,329
255,803
249,759
286,701
total shareholders funds
-101,300
-91,922
124,715
-60,865
385,363
351,235
345,806
225,004
176,020
156,431
284,329
255,803
249,759
286,701
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
-9,378
-213,236
235,899
-444,006
39,439
17,049
151,367
57,015
20,792
-131,759
33,408
4,058
-40,893
396,250
Depreciation
662
172
958
1,162
1,069
1,035
983
1,497
834
1,305
Amortisation
Tax
-43,531
-8,005
-3,475
-31,207
-12,246
-5,207
-9,008
-2,124
-111,494
Stock
Debtors
467,055
-2,602
42,722
59,292
11,903
-6,779
74,389
54,986
29,137
6,426
-66,040
32,703
-19,068
114,631
Creditors
-71,234
-108,500
66,068
105,830
-19,094
23,236
14,631
-708,927
142,190
59,221
-126,524
65,636
42,838
606,717
Accruals and Deferred Income
-79,475
78,121
-7,810
-12,067
-28,632
-18,829
69,292
667,079
Deferred Taxes & Provisions
-73
-48
121
Cash flow from operations
-627,142
-241,013
208,566
-409,535
-28,195
24,932
130,652
-50,903
129,707
-78,002
-35,149
36,485
21,847
778,147
Investing Activities
capital expenditure
94
473
-1,633
-760
-1,130
-781
-1,713
-495
-506
-2,478
-312
-2,730
Change in Investments
cash flow from investments
94
473
-1,633
-760
-1,130
-781
-1,713
-495
-506
-2,478
-312
-2,730
Financing Activities
Bank loans
Group/Directors Accounts
-38,791
38,791
Other Short Term Loans
Long term loans
-96,054
13,415
82,639
Hire Purchase and Lease Commitments
other long term liabilities
627,048
109,859
share issue
-100
98
-8,366
225,004
2
interest
-3,301
-6,788
-2,319
2,694
221
642
4,215
4,004
3,861
4,126
4,110
3,951
1,943
cash flow from financing
627,048
-28,387
6,627
119,209
2,694
-8,145
225,646
4,215
4,004
3,861
4,126
4,110
3,951
1,945
cash and cash equivalents
cash
-318,927
263,560
-291,087
-25,501
16,787
355,168
-47,469
131,998
-74,636
-31,529
38,117
25,486
777,362
overdraft
-50,000
50,000
change in cash
-268,927
213,560
-291,087
-25,501
16,787
355,168
-47,469
131,998
-74,636
-31,529
38,117
25,486
777,362
the open art fair limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for the open art fair limited. Get real-time insights into the open art fair limited's credit score, group structure and payment trends.
Perform a competitor analysis for the open art fair limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in SE11 area or any other competitors across 12 key performance metrics.
the open art fair limited Ownership
THE OPEN ART FAIR LIMITED group structure
The Open Art Fair Limited has no subsidiary companies.
82301 - Activities of exhibition and fair organizers
incorporation date
October 1974
age
51
incorporated
UK
ultimate parent company
STABILO INTERNATIONAL BV
accounts
Micro-Entity Accounts
last accounts submitted
June 2023
previous names
treasure house fair limited (October 2023)
summer art fair limited (March 2023)
accountant
-
auditor
-
address
office 318 170 kennington lane, london, SE11 5DP
Bank
COUTTS & CO
Legal Advisor
-
the open art fair 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 the open art fair limited.
the open art fair limited Capital Raised & Share Issues BETA
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the open art fair limitedCompanies House Filings - See Documents
