torch theatre company limited(the)
torch theatre company limited(the) Company Information
Company Number
01327289
Next Accounts
Dec 2024
Industry
Performing arts
Shareholders
-
Group Structure
View All
Contact
Registered Address
torch theatre st. peters road, milford haven, pembrokeshire, SA73 2BU
Website
www.torchtheatre.co.uktorch theatre company limited(the) Estimated Valuation
Pomanda estimates the enterprise value of TORCH THEATRE COMPANY LIMITED(THE) at £605.6k based on a Turnover of £1.5m and 0.41x industry multiple (adjusted for size and gross margin).
torch theatre company limited(the) Estimated Valuation
Pomanda estimates the enterprise value of TORCH THEATRE COMPANY LIMITED(THE) at £0 based on an EBITDA of £-244.6k and a 2.4x industry multiple (adjusted for size and gross margin).
torch theatre company limited(the) Estimated Valuation
Pomanda estimates the enterprise value of TORCH THEATRE COMPANY LIMITED(THE) at £8.5m based on Net Assets of £3.7m and 2.3x industry multiple (adjusted for liquidity).
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Torch Theatre Company Limited(the) Overview
Torch Theatre Company Limited(the) is a live company located in pembrokeshire, SA73 2BU with a Companies House number of 01327289. It operates in the performing arts sector, SIC Code 90010. Founded in August 1977, it's largest shareholder is unknown. Torch Theatre Company Limited(the) is a mature, small sized company, Pomanda has estimated its turnover at £1.5m with declining growth in recent years.
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Torch Theatre Company Limited(the) Health Check
Pomanda's financial health check has awarded Torch Theatre Company Limited(The) a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £1.5m, make it larger than the average company (£333.2k)
£1.5m - Torch Theatre Company Limited(the)
£333.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (0.3%)
-1% - Torch Theatre Company Limited(the)
0.3% - Industry AVG
Production
with a gross margin of 32.3%, this company has a comparable cost of product (32.3%)
32.3% - Torch Theatre Company Limited(the)
32.3% - Industry AVG
Profitability
an operating margin of -25.4% make it less profitable than the average company (2.8%)
-25.4% - Torch Theatre Company Limited(the)
2.8% - Industry AVG
Employees
with 33 employees, this is above the industry average (7)
33 - Torch Theatre Company Limited(the)
7 - Industry AVG
Pay Structure
on an average salary of £26.6k, the company has an equivalent pay structure (£25.7k)
£26.6k - Torch Theatre Company Limited(the)
£25.7k - Industry AVG
Efficiency
resulting in sales per employee of £44.4k, this is less efficient (£68.8k)
£44.4k - Torch Theatre Company Limited(the)
£68.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Torch Theatre Company Limited(the)
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Torch Theatre Company Limited(the)
- - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (4 days)
2 days - Torch Theatre Company Limited(the)
4 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 41 weeks, this is less cash available to meet short term requirements (145 weeks)
41 weeks - Torch Theatre Company Limited(the)
145 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7.4%, this is a lower level of debt than the average (21.6%)
7.4% - Torch Theatre Company Limited(the)
21.6% - Industry AVG
TORCH THEATRE COMPANY LIMITED(THE) financials
Torch Theatre Company Limited(The)'s latest turnover from March 2023 is £1.5 million and the company has net assets of £3.7 million. According to their latest financial statements, Torch Theatre Company Limited(The) has 33 employees and maintains cash reserves of £237.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,465,217 | 1,289,989 | 1,207,336 | 1,517,024 | 1,453,795 | 1,560,975 | 1,428,366 | 1,444,056 | 1,458,514 | 1,405,932 | 1,365,402 | 1,128,966 | 1,254,338 | 1,379,806 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 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 | -357,784 | -100,416 | 195,047 | -176,630 | -156,061 | -165,134 | -98,008 | -158,787 | -123,904 | -113,355 | -68,465 | -176,408 | -155,994 | -49,237 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -357,784 | -100,416 | 195,047 | -176,630 | -156,061 | -165,134 | -98,008 | -158,787 | -123,904 | -113,355 | -68,465 | -176,408 | -155,994 | -49,237 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -357,784 | -100,416 | 195,047 | -176,630 | -156,061 | -165,134 | -98,008 | -158,787 | -123,904 | -113,355 | -68,465 | -176,408 | -155,994 | -49,237 |
| Employee Costs | 879,403 | 678,520 | 597,004 | 735,744 | 716,505 | 708,581 | 532,377 | 580,001 | 570,282 | 543,731 | 554,669 | 575,090 | 606,195 | 622,071 |
| Number Of Employees | 33 | 27 | 31 | 43 | 39 | 38 | 27 | 26 | 33 | 32 | 33 | 34 | 36 | 36 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,638,550 | 3,737,448 | 3,858,976 | 3,970,271 | 4,079,771 | 4,200,031 | 4,331,562 | 4,525,253 | 4,719,176 | 4,861,971 | 4,987,449 | 5,046,877 | 5,223,392 | 5,398,454 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,638,550 | 3,737,448 | 3,858,976 | 3,970,271 | 4,079,771 | 4,200,031 | 4,331,562 | 4,525,253 | 4,719,176 | 4,861,971 | 4,987,449 | 5,046,877 | 5,223,392 | 5,398,454 |
| Stock & work in progress | 7,351 | 2,682 | 2,682 | 6,090 | 6,840 | 5,841 | 5,534 | 4,008 | 2,941 | 4,792 | 5,087 | 5,824 | 5,824 | 9,594 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 112,853 | 106,374 | 99,417 | 54,365 | 81,747 | 108,989 | 51,715 | 81,946 | 79,808 | 16,107 | 24,683 | 23,928 | 22,528 | 35,948 |
| Cash | 237,898 | 452,260 | 377,804 | 117,687 | 163,581 | 182,077 | 221,395 | 209,706 | 163,862 | 216,670 | 150,363 | 106,256 | 129,592 | 87,894 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,893 | 0 |
| total current assets | 358,102 | 561,316 | 479,903 | 178,142 | 252,168 | 296,907 | 278,644 | 295,660 | 246,611 | 237,569 | 180,133 | 136,008 | 161,837 | 133,436 |
| total assets | 3,996,652 | 4,298,764 | 4,338,879 | 4,148,413 | 4,331,939 | 4,496,938 | 4,610,206 | 4,820,913 | 4,965,787 | 5,099,540 | 5,167,582 | 5,182,885 | 5,385,229 | 5,531,890 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13,730 | 44,686 | 19,316 | 15,296 | 14,484 | 10,100 | 9,700 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 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 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 | 297,233 | 241,561 | 181,260 | 185,841 | 192,737 | 201,675 | 149,809 | 179,509 | 124,451 | 157,260 | 126,049 | 97,406 | 127,359 | 107,916 |
| total current liabilities | 297,233 | 241,561 | 181,260 | 185,841 | 192,737 | 201,675 | 149,809 | 193,239 | 169,137 | 176,576 | 141,345 | 111,890 | 137,459 | 117,616 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 69,269 | 79,458 | 81,868 | 71,786 | 48,079 | 48,446 | 58,956 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 69,269 | 79,458 | 81,868 | 71,786 | 48,079 | 48,446 | 58,956 |
| total liabilities | 297,233 | 241,561 | 181,260 | 185,841 | 192,737 | 201,675 | 149,809 | 262,508 | 248,595 | 258,444 | 213,131 | 159,969 | 185,905 | 176,572 |
| net assets | 3,699,419 | 4,057,203 | 4,157,619 | 3,962,572 | 4,139,202 | 4,295,263 | 4,460,397 | 4,558,405 | 4,717,192 | 4,841,096 | 4,954,451 | 5,022,916 | 5,199,324 | 5,355,318 |
| total shareholders funds | 3,699,419 | 4,057,203 | 4,157,619 | 3,962,572 | 4,139,202 | 4,295,263 | 4,460,397 | 4,558,405 | 4,717,192 | 4,841,096 | 4,954,451 | 5,022,916 | 5,199,324 | 5,355,318 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 127,821 | 137,726 | 138,273 | 140,981 | 152,561 | 238,766 | 238,820 | 225,989 | 223,218 | 215,447 | 215,955 | 203,566 | 200,885 | 197,931 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 4,669 | 0 | -3,408 | -750 | 999 | 307 | 1,526 | 1,067 | -1,851 | -295 | -737 | 0 | -3,770 | 9,594 |
| Debtors | 6,479 | 6,957 | 45,052 | -27,382 | -27,242 | 57,274 | -30,231 | 2,138 | 63,701 | -8,576 | 755 | 1,400 | -13,420 | 35,948 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 55,672 | 60,301 | -4,581 | -6,896 | -8,938 | 51,866 | -29,700 | 55,058 | -32,809 | 31,211 | 28,643 | -29,953 | 19,443 | 107,916 |
| 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 | -107,235 | -45,129 | -32,068 | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | -107,235 | -45,129 | -32,068 | ||||||
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | -69,269 | -10,189 | -2,410 | 10,082 | 23,707 | -367 | -10,510 | 58,956 |
| 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 | |||||
| cash flow from financing | 0 | 0 | 0 | 0 | 0 | 0 | -69,269 | -10,510 | 5,463,511 | |||||
| cash and cash equivalents | ||||||||||||||
| cash | -214,362 | 74,456 | 260,117 | -45,894 | -18,496 | -39,318 | 11,689 | 45,844 | -52,808 | 66,307 | 44,107 | -23,336 | 41,698 | 87,894 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | -13,730 | -30,956 | 25,370 | 4,020 | 812 | 4,384 | 400 | 9,700 |
| change in cash | -214,362 | 74,456 | 260,117 | -45,894 | -18,496 | -39,318 | 25,419 | 76,800 | -78,178 | 62,287 | 43,295 | -27,720 | 41,298 | 78,194 |
torch theatre company limited(the) Credit Report and Business Information
Torch Theatre Company Limited(the) Competitor Analysis
Perform a competitor analysis for torch theatre company limited(the) by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in SA73 area or any other competitors across 12 key performance metrics.
torch theatre company limited(the) Ownership
TORCH THEATRE COMPANY LIMITED(THE) group structure
Torch Theatre Company Limited(The) has 1 subsidiary company.
Ultimate parent company
TORCH THEATRE COMPANY LIMITED(THE)
01327289
1 subsidiary
torch theatre company limited(the) directors
Torch Theatre Company Limited(The) currently has 10 directors. The longest serving directors include Mrs Carol MacKintosh (Apr 1992) and Mr David Sinnett (Jul 2006).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Carol MacKintosh | 71 years | Apr 1992 | - | Director | |
| Mr David Sinnett | 62 years | Jul 2006 | - | Director | |
| Mrs Yvonne Southwell | Wales | 70 years | Jun 2012 | - | Director |
| Mrs Phillippa Davies | Wales | 68 years | Oct 2014 | - | Director |
| Miss Katrina Marsh | Wales | 65 years | Sep 2019 | - | Director |
| Councillor David Bryan | Wales | 75 years | Oct 2019 | - | Director |
| Mrs Ann Owston | Wales | 84 years | Jun 2020 | - | Director |
| Mr Adrian Williams | Wales | 72 years | Dec 2021 | - | Director |
| Mr Max MacKintosh | Wales | 36 years | Dec 2021 | - | Director |
| Mr William Dennison | Wales | 64 years | Nov 2022 | - | Director |
P&L
March 2023turnover
1.5m
+14%
operating profit
-372.4k
0%
gross margin
32.3%
-3.62%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
3.7m
-0.09%
total assets
4m
-0.07%
cash
237.9k
-0.47%
net assets
Total assets minus all liabilities
torch theatre company limited(the) company details
company number
01327289
Type
Private Ltd By Guarantee w/o Share Cap
industry
90010 - Performing arts
incorporation date
August 1977
age
47
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
ASHMOLE & CO
address
torch theatre st. peters road, milford haven, pembrokeshire, SA73 2BU
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
PRICE & KELWAY
torch theatre company limited(the) 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 7 charges/mortgages relating to torch theatre company limited(the). Currently there are 5 open charges and 2 have been satisfied in the past.
torch theatre company limited(the) Companies House Filings - See Documents
| date | description | view/download |
|---|
