racecourse promoters association limited

3.5

racecourse promoters association limited Company Information

Share RACECOURSE PROMOTERS ASSOCIATION LIMITED
Live 
MatureMicroDeclining

Company Number

02265807

Website

-

Registered Address

3rd floor 2 glass wharf, bristol, BS2 0EL

Industry

Activities of business and employers membership organisations

 

Telephone

-

Next Accounts Due

July 2025

Group Structure

View All

Directors

Rachel Corden16 Years

William Glass15 Years

View All

Shareholders

-0%

racecourse promoters association limited Estimated Valuation

£3.9k

Pomanda estimates the enterprise value of RACECOURSE PROMOTERS ASSOCIATION LIMITED at £3.9k based on a Turnover of £8.1k and 0.48x industry multiple (adjusted for size and gross margin).

racecourse promoters association limited Estimated Valuation

£5.7k

Pomanda estimates the enterprise value of RACECOURSE PROMOTERS ASSOCIATION LIMITED at £5.7k based on an EBITDA of £2.4k and a 2.44x industry multiple (adjusted for size and gross margin).

racecourse promoters association limited Estimated Valuation

£378.3k

Pomanda estimates the enterprise value of RACECOURSE PROMOTERS ASSOCIATION LIMITED at £378.3k based on Net Assets of £115.5k and 3.28x industry multiple (adjusted for liquidity).

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Racecourse Promoters Association Limited Overview

Racecourse Promoters Association Limited is a live company located in bristol, BS2 0EL with a Companies House number of 02265807. It operates in the activities of business and employers membership organizations sector, SIC Code 94110. Founded in June 1988, it's largest shareholder is unknown. Racecourse Promoters Association Limited is a mature, micro sized company, Pomanda has estimated its turnover at £8.1k with declining growth in recent years.

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Racecourse Promoters Association Limited Health Check

Pomanda's financial health check has awarded Racecourse Promoters Association Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

0 Regular

positive_score

6 Weak

size

Size

annual sales of £8.1k, make it smaller than the average company (£1.3m)

£8.1k - Racecourse Promoters Association Limited

£1.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (2.6%)

-19% - Racecourse Promoters Association Limited

2.6% - Industry AVG

production

Production

with a gross margin of 35.8%, this company has a higher cost of product (67.4%)

35.8% - Racecourse Promoters Association Limited

67.4% - Industry AVG

profitability

Profitability

an operating margin of 29.1% make it more profitable than the average company (1.3%)

29.1% - Racecourse Promoters Association Limited

1.3% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (15)

1 - Racecourse Promoters Association Limited

15 - Industry AVG

paystructure

Pay Structure

on an average salary of £18.9k, the company has a lower pay structure (£50.4k)

£18.9k - Racecourse Promoters Association Limited

£50.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £8.1k, this is less efficient (£109.7k)

£8.1k - Racecourse Promoters Association Limited

£109.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 5359 days, this is later than average (39 days)

5359 days - Racecourse Promoters Association Limited

39 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 64 days, this is slower than average (50 days)

64 days - Racecourse Promoters Association Limited

50 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Racecourse Promoters Association Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Racecourse Promoters Association Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 2.9%, this is a lower level of debt than the average (45.2%)

2.9% - Racecourse Promoters Association Limited

45.2% - Industry AVG

RACECOURSE PROMOTERS ASSOCIATION LIMITED financials

EXPORTms excel logo

Racecourse Promoters Association Limited's latest turnover from October 2023 is £8.1 thousand and the company has net assets of £115.5 thousand. According to their latest financial statements, Racecourse Promoters Association Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Turnover8,0978,12612,55615,40059,27258,13054,93554,4537,7702,2514,99825,4227,1505,8300
Other Income Or Grants000000000000000
Cost Of Sales5,1995,0437,2909,28440,97134,96632,84034,7395,0021,5483,41617,3384,9243,9580
Gross Profit2,8983,0835,2666,11618,30123,16322,09619,7142,7697031,5828,0842,2261,8720
Admin Expenses542-121-18,68816,54711,77115,2194,910945-14,887-20,596-22,43013,8758,665-2,270-31,008
Operating Profit2,3563,20423,954-10,4316,5307,94417,18618,76917,65621,29924,012-5,791-6,4394,14231,008
Interest Payable000000000000000
Interest Receivable000081276222719031224417913613313663
Pre-Tax Profit2,1793,21019,403-10,3617,3428,70617,41218,95917,96821,54324,191-5,655-6,3064,27831,071
Tax-412-6150-14-1,395-1,654-3,308-3,792-3,593-4,524-5,56400-1,198-8,700
Profit After Tax1,7672,59519,403-10,3755,9477,05214,10415,16714,37417,01918,627-5,655-6,3063,08022,371
Dividends Paid000000000000000
Retained Profit1,7672,59519,403-10,3755,9477,05214,10415,16714,37417,01918,627-5,655-6,3063,08022,371
Employee Costs18,93816,60016,46330,20446,17045,26245,55044,81943,01945,92344,58743,08740,03940,7350
Number Of Employees111111111111110
EBITDA*2,3563,20423,954-10,4316,6588,07117,31318,89617,65621,29924,012-5,791-6,4394,31031,650

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Tangible Assets00000128255382000000168
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets00000128255382000000168
Stock & work in progress000000000000000
Trade Debtors118,884134,832115,83296,1520000044709000931
Group Debtors000000000000000
Misc Debtors0000204679900000000
Cash0000111,461105,15297,99183,29768,43456,31641,27030,40024,03929,17525,049
misc current assets000000000000000
total current assets118,884134,832115,83296,152111,665105,83198,00083,29768,43456,36041,97930,40024,03929,17525,980
total assets118,884134,832115,83296,152111,665105,95998,25583,67968,43456,36041,97930,40024,03929,17526,148
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 9121,1154,710746113125193004,9247,2249,86216,9104,8943,7243,777
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities00005,7726,0015,4554,7020000000
total current liabilities9121,1154,7107465,8856,1265,4745,0024,9247,2249,86216,9104,8943,7243,777
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income2,50020,0000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities2,50020,0000000000000000
total liabilities3,41221,1154,7107465,8856,1265,4745,0024,9247,2249,86216,9104,8943,7243,777
net assets115,472113,717111,12295,406105,78099,83392,78178,67763,51049,13632,11713,49019,14525,45122,371
total shareholders funds115,472113,717111,12295,406105,78099,83392,78178,67763,51049,13632,11713,49019,14525,45122,371
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Operating Activities
Operating Profit2,3563,20423,954-10,4316,5307,94417,18618,76917,65621,29924,012-5,791-6,4394,14231,008
Depreciation000012812712712700000168642
Amortisation000000000000000
Tax-412-6150-14-1,395-1,654-3,308-3,792-3,593-4,524-5,56400-1,198-8,700
Stock000000000000000
Debtors-15,94819,00019,68095,948-47567090-44-66570900-931931
Creditors-203-3,5953,964633-12106-281-4,624-2,300-2,638-7,04812,0161,170-533,777
Accruals and Deferred Income-17,50020,0000-5,772-2295467534,7020000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations189-68,238-111,5325,4976,39914,46815,18211,80714,80210,6916,225-5,2693,99025,796
Investing Activities
capital expenditure0000000-509000000-810
Change in Investments000000000000000
cash flow from investments0000000-509000000-810
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue-120-3,687100000000000
interest000081276222719031224417913613313663
cash flow from financing-120-3,687181276222719031224417913613313663
cash and cash equivalents
cash000-111,4616,3097,16114,69414,86312,11815,04610,8706,361-5,1364,12625,049
overdraft000000000000000
change in cash000-111,4616,3097,16114,69414,86312,11815,04610,8706,361-5,1364,12625,049

racecourse promoters association limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Racecourse Promoters Association Limited Competitor Analysis

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Perform a competitor analysis for racecourse promoters association limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in BS2 area or any other competitors across 12 key performance metrics.

racecourse promoters association limited Ownership

RACECOURSE PROMOTERS ASSOCIATION LIMITED group structure

Racecourse Promoters Association Limited has no subsidiary companies.

Ultimate parent company

RACECOURSE PROMOTERS ASSOCIATION LIMITED

02265807

RACECOURSE PROMOTERS ASSOCIATION LIMITED Shareholders

--

racecourse promoters association limited directors

Racecourse Promoters Association Limited currently has 4 directors. The longest serving directors include Ms Rachel Corden (Jan 2008) and Mr William Glass (Sep 2008).

officercountryagestartendrole
Ms Rachel Corden55 years Jan 2008- Director
Mr William Glass70 years Sep 2008- Director
Mr Simon FranklinEngland56 years Dec 2017- Director
Mr Jeffrey McKennaEngland62 years Dec 2017- Director

P&L

October 2023

turnover

8.1k

0%

operating profit

2.4k

0%

gross margin

35.8%

-5.65%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

October 2023

net assets

115.5k

+0.02%

total assets

118.9k

-0.12%

cash

0

0%

net assets

Total assets minus all liabilities

racecourse promoters association limited company details

company number

02265807

Type

Private Ltd By Guarantee w/o Share Cap

industry

94110 - Activities of business and employers membership organisations

incorporation date

June 1988

age

36

incorporated

UK

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

ngrc racecourse promoters limited (April 2006)

last accounts submitted

October 2023

address

3rd floor 2 glass wharf, bristol, BS2 0EL

accountant

-

auditor

-

racecourse promoters association 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 racecourse promoters association limited.

charges

racecourse promoters association limited Companies House Filings - See Documents

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