association for cultural advancement through visual art
association for cultural advancement through visual art Company Information
Company Number
01749730
Website
http://acava.orgRegistered Address
54 blechynden street, london, W10 6RJ
Industry
Operation of arts facilities
Cultural education
Telephone
02089605015
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
-0%
association for cultural advancement through visual art Estimated Valuation
Pomanda estimates the enterprise value of ASSOCIATION FOR CULTURAL ADVANCEMENT THROUGH VISUAL ART at £1.1m based on a Turnover of £2m and 0.56x industry multiple (adjusted for size and gross margin).
association for cultural advancement through visual art Estimated Valuation
Pomanda estimates the enterprise value of ASSOCIATION FOR CULTURAL ADVANCEMENT THROUGH VISUAL ART at £0 based on an EBITDA of £-44.8k and a 3.35x industry multiple (adjusted for size and gross margin).
association for cultural advancement through visual art Estimated Valuation
Pomanda estimates the enterprise value of ASSOCIATION FOR CULTURAL ADVANCEMENT THROUGH VISUAL ART at £1.8m based on Net Assets of £612k and 3.02x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Association For Cultural Advancement Through Visual Art Overview
Association For Cultural Advancement Through Visual Art is a live company located in london, W10 6RJ with a Companies House number of 01749730. It operates in the cultural education sector, SIC Code 85520. Founded in September 1983, it's largest shareholder is unknown. Association For Cultural Advancement Through Visual Art is a mature, small sized company, Pomanda has estimated its turnover at £2m with declining growth in recent years.
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Association For Cultural Advancement Through Visual Art Health Check
Pomanda's financial health check has awarded Association For Cultural Advancement Through Visual Art a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £2m, make it larger than the average company (£364.6k)
£2m - Association For Cultural Advancement Through Visual Art
£364.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (2.4%)
-3% - Association For Cultural Advancement Through Visual Art
2.4% - Industry AVG
Production
with a gross margin of 56.7%, this company has a comparable cost of product (56.7%)
56.7% - Association For Cultural Advancement Through Visual Art
56.7% - Industry AVG
Profitability
an operating margin of -8.1% make it less profitable than the average company (3.8%)
-8.1% - Association For Cultural Advancement Through Visual Art
3.8% - Industry AVG
Employees
with 22 employees, this is above the industry average (9)
22 - Association For Cultural Advancement Through Visual Art
9 - Industry AVG
Pay Structure
on an average salary of £23.4k, the company has an equivalent pay structure (£22.2k)
£23.4k - Association For Cultural Advancement Through Visual Art
£22.2k - Industry AVG
Efficiency
resulting in sales per employee of £91.7k, this is more efficient (£48.1k)
£91.7k - Association For Cultural Advancement Through Visual Art
£48.1k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (12 days)
6 days - Association For Cultural Advancement Through Visual Art
12 days - Industry AVG
Creditor Days
its suppliers are paid after 98 days, this is slower than average (24 days)
98 days - Association For Cultural Advancement Through Visual Art
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Association For Cultural Advancement Through Visual Art
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (186 weeks)
0 weeks - Association For Cultural Advancement Through Visual Art
186 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59.7%, this is a higher level of debt than the average (16.5%)
59.7% - Association For Cultural Advancement Through Visual Art
16.5% - Industry AVG
ASSOCIATION FOR CULTURAL ADVANCEMENT THROUGH VISUAL ART financials
Association For Cultural Advancement Through Visual Art's latest turnover from September 2022 is £2 million and the company has net assets of £612 thousand. According to their latest financial statements, Association For Cultural Advancement Through Visual Art has 22 employees and maintains cash reserves of £6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,017,915 | 2,093,832 | 1,879,736 | 2,200,423 | 1,817,991 | 1,595,755 | 1,686,719 | 1,629,693 | 1,601,092 | 1,456,134 | 1,276,474 | 1,327,389 | 1,183,698 |
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | |||||||||||||
| Gross Profit | |||||||||||||
| Admin Expenses | |||||||||||||
| Operating Profit | |||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 20,108 | 11,998 | 12,862 | 10,349 | 10,441 | 11,658 | 12,508 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -189,247 | -29,010 | -29,430 | -482,977 | 191,958 | 77,417 | 100,971 | 21,767 | -11,944 | -63,138 | -53,936 | 40,759 | 23,980 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -189,247 | -29,010 | -29,430 | -482,977 | 191,958 | 77,417 | 100,971 | 21,767 | -11,944 | -63,138 | -53,936 | 40,759 | 23,980 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -189,247 | -29,010 | -29,430 | -482,977 | 191,958 | 77,417 | 100,971 | 21,767 | -11,944 | -63,138 | -53,936 | 40,759 | 23,980 |
| Employee Costs | 513,858 | 444,259 | 367,390 | 493,646 | 279,043 | 286,978 | 264,709 | 272,228 | 263,527 | 236,944 | 183,024 | 159,709 | 142,891 |
| Number Of Employees | 22 | 22 | 26 | 24 | 25 | 25 | 25 | 29 | 25 | 19 | 13 | 10 | 10 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,210,814 | 1,303,221 | 1,417,207 | 1,593,971 | 1,798,894 | 1,917,667 | 1,995,669 | 1,254,231 | 1,271,536 | 1,308,164 | 1,301,804 | 1,280,088 | 1,318,284 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 22,217 | 17,327 | 22,663 | 12,654 | 12,946 | 14,262 | 19,957 | 18,785 | 21,139 |
| Total Fixed Assets | 1,210,814 | 1,303,221 | 1,417,207 | 1,593,971 | 1,821,111 | 1,934,994 | 2,018,332 | 1,266,885 | 1,284,482 | 1,322,426 | 1,321,761 | 1,298,873 | 1,339,423 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 37,405 | 29,760 | 68,843 | 78,662 | 328,297 | 101,351 | 84,514 | 78,097 | 83,279 | 63,855 | 66,180 | 58,032 | 77,807 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 263,815 | 420,978 | 297,820 | 224,273 | 0 | 157,495 | 262,598 | 241,301 | 282,530 | 261,456 | 234,013 | 216,115 | 202,333 |
| Cash | 6,014 | 61,543 | 201,387 | 3,269 | 213,960 | 290,664 | 114,597 | 109,914 | 30,447 | 65,496 | 5,463 | 48,012 | 20,281 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 307,234 | 512,281 | 568,050 | 306,204 | 542,257 | 549,510 | 461,709 | 429,312 | 396,256 | 390,807 | 305,656 | 322,159 | 300,421 |
| total assets | 1,518,048 | 1,815,502 | 1,985,257 | 1,900,175 | 2,363,368 | 2,484,504 | 2,480,041 | 1,696,197 | 1,680,738 | 1,713,233 | 1,627,417 | 1,621,032 | 1,639,844 |
| Bank overdraft | 0 | 0 | 0 | 70,493 | 0 | 0 | 0 | 0 | 21,708 | 15,643 | 29,744 | 0 | 87,271 |
| Bank loan | 24,085 | 15,063 | 15,063 | 42,012 | 81,513 | 113,579 | 113,932 | 49,036 | 54,968 | 54,968 | 28,006 | 41,133 | 39,876 |
| Trade Creditors | 235,805 | 249,478 | 444,346 | 297,925 | 200,490 | 151,308 | 148,882 | 149,946 | 209,422 | 227,986 | 199,466 | 124,773 | 80,546 |
| Group/Directors Accounts | 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 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 360,490 | 378,136 | 334,230 | 241,242 | 250,071 | 264,809 | 240,485 | 252,655 | 268,173 | 231,376 | 223,917 | 232,661 | 215,960 |
| total current liabilities | 620,380 | 642,677 | 793,639 | 651,672 | 532,074 | 529,696 | 503,299 | 451,637 | 554,271 | 529,973 | 481,133 | 398,567 | 423,653 |
| loans | 285,660 | 336,170 | 348,953 | 370,132 | 432,719 | 747,927 | 838,478 | 197,634 | 89,508 | 138,757 | 44,143 | 68,888 | 110,373 |
| hp & lease commitments | 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 |
| other liabilities | 0 | 2,400 | 2,400 | 7,600 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 33,000 | 10,000 | 11,076 | 55,903 | 56,167 | 64,967 | 74,600 | 86,400 | 82,000 | 76,500 | 74,000 | 67,000 |
| total long term liabilities | 285,660 | 371,570 | 361,353 | 388,808 | 488,622 | 804,094 | 903,445 | 272,234 | 175,908 | 220,757 | 120,643 | 142,888 | 177,373 |
| total liabilities | 906,040 | 1,014,247 | 1,154,992 | 1,040,480 | 1,020,696 | 1,333,790 | 1,406,744 | 723,871 | 730,179 | 750,730 | 601,776 | 541,455 | 601,026 |
| net assets | 612,008 | 801,255 | 830,265 | 859,695 | 1,342,672 | 1,150,714 | 1,073,297 | 972,326 | 950,559 | 962,503 | 1,025,641 | 1,079,577 | 1,038,818 |
| total shareholders funds | 612,008 | 801,255 | 830,265 | 859,695 | 1,342,672 | 1,150,714 | 1,073,297 | 972,326 | 950,559 | 962,503 | 1,025,641 | 1,079,577 | 1,038,818 |
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 117,893 | 113,986 | 108,265 | 158,110 | 115,408 | 105,022 | 87,629 | 109,147 | 109,351 | 94,915 | 77,791 | 8,210 | 87,625 |
| Amortisation | 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 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -149,518 | 84,075 | 63,728 | -47,579 | 74,341 | -93,602 | 37,723 | -46,703 | 39,182 | 19,423 | 27,218 | -8,347 | 301,279 |
| Creditors | -13,673 | -194,868 | 146,421 | 97,435 | 49,182 | 2,426 | -1,064 | -59,476 | -18,564 | 28,520 | 74,693 | 44,227 | 80,546 |
| Accruals and Deferred Income | -17,646 | 43,906 | 92,988 | -8,829 | -14,738 | 24,324 | -12,170 | -15,518 | 36,797 | 7,459 | -8,744 | 16,701 | 215,960 |
| Deferred Taxes & Provisions | -33,000 | 23,000 | -1,076 | -44,827 | -264 | -8,800 | -9,633 | -11,800 | 4,400 | 5,500 | 2,500 | 7,000 | 67,000 |
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 421,196 | 182,152 | -835,007 | -91,354 | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 421,196 | 182,152 | -835,007 | -91,354 | |||||
| Financing Activities | |||||||||||||
| Bank loans | 9,022 | 0 | -26,949 | -39,501 | -32,066 | -353 | 64,896 | -5,932 | 0 | 26,962 | -13,127 | 1,257 | 39,876 |
| Group/Directors Accounts | 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 |
| Long term loans | -50,510 | -12,783 | -21,179 | -62,587 | -315,208 | -90,551 | 640,844 | 108,126 | -49,249 | 94,614 | -24,745 | -41,485 | 110,373 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -2,400 | 0 | -5,200 | 7,600 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | -20,108 | -11,998 | -12,862 | -10,349 | -10,441 | -11,658 | -12,508 |
| cash flow from financing | -43,888 | -12,783 | -53,328 | -94,488 | -347,274 | -90,904 | 685,632 | 90,196 | -62,111 | 111,227 | -48,313 | -51,886 | 1,152,579 |
| cash and cash equivalents | |||||||||||||
| cash | -55,529 | -139,844 | 198,118 | -210,691 | -76,704 | 176,067 | 4,683 | 79,467 | -35,049 | 60,033 | -42,549 | 27,731 | 20,281 |
| overdraft | 0 | 0 | -70,493 | 70,493 | 0 | 0 | 0 | -21,708 | 6,065 | -14,101 | 29,744 | -87,271 | 87,271 |
| change in cash | -55,529 | -139,844 | 268,611 | -281,184 | -76,704 | 176,067 | 4,683 | 101,175 | -41,114 | 74,134 | -72,293 | 115,002 | -66,990 |
association for cultural advancement through visual art Credit Report and Business Information
Association For Cultural Advancement Through Visual Art Competitor Analysis
Perform a competitor analysis for association for cultural advancement through visual art by selecting its closest rivals, whether from the EDUCATION sector, other small companies, companies in W10 area or any other competitors across 12 key performance metrics.
association for cultural advancement through visual art Ownership
ASSOCIATION FOR CULTURAL ADVANCEMENT THROUGH VISUAL ART group structure
Association For Cultural Advancement Through Visual Art has no subsidiary companies.
Ultimate parent company
ASSOCIATION FOR CULTURAL ADVANCEMENT THROUGH VISUAL ART
01749730
association for cultural advancement through visual art directors
Association For Cultural Advancement Through Visual Art currently has 7 directors. The longest serving directors include Ms Michelle Kershaw (Aug 2019) and Mr Paul Augarde (Nov 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Michelle Kershaw | 45 years | Aug 2019 | - | Director | |
| Mr Paul Augarde | England | 50 years | Nov 2019 | - | Director |
| Mr Caspar Van Eijck | England | 45 years | Nov 2019 | - | Director |
| Ms Alice Boff | 40 years | Mar 2021 | - | Director | |
| Miss Alexandra Matthews | 56 years | Mar 2022 | - | Director | |
| Miss Yasmin Jones-Henry | England | 32 years | Mar 2022 | - | Director |
| Mr Jeffrey Pym | United Kingdom | 61 years | Mar 2022 | - | Director |
P&L
September 2022turnover
2m
-4%
operating profit
-162.7k
0%
gross margin
56.8%
+4.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2022net assets
612k
-0.24%
total assets
1.5m
-0.16%
cash
6k
-0.9%
net assets
Total assets minus all liabilities
association for cultural advancement through visual art company details
company number
01749730
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
88990 - Other social work activities without accommodation n.e.c.
90040 - Operation of arts facilities
85520 - Cultural education
incorporation date
September 1983
age
41
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
association for cultural advancement through visual art limited (November 1997)
last accounts submitted
September 2022
address
54 blechynden street, london, W10 6RJ
accountant
-
auditor
SAYER VINCENT LLP
association for cultural advancement through visual art 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 14 charges/mortgages relating to association for cultural advancement through visual art. Currently there are 10 open charges and 4 have been satisfied in the past.
association for cultural advancement through visual art Companies House Filings - See Documents
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