198 contemporary arts and learning limited
198 contemporary arts and learning limited Company Information
Company Number
02369267
Next Accounts
Dec 2025
Shareholders
clarence thompson
noel morgan
Group Structure
View All
Industry
Artistic creation
+1Registered Address
194/198 railton road, herne hill, london, SE24 0JT
Website
http://198.org.uk198 contemporary arts and learning limited Estimated Valuation
Pomanda estimates the enterprise value of 198 CONTEMPORARY ARTS AND LEARNING LIMITED at £249k based on a Turnover of £383.1k and 0.65x industry multiple (adjusted for size and gross margin).
198 contemporary arts and learning limited Estimated Valuation
Pomanda estimates the enterprise value of 198 CONTEMPORARY ARTS AND LEARNING LIMITED at £247.4k based on an EBITDA of £42k and a 5.89x industry multiple (adjusted for size and gross margin).
198 contemporary arts and learning limited Estimated Valuation
Pomanda estimates the enterprise value of 198 CONTEMPORARY ARTS AND LEARNING LIMITED at £3.1m based on Net Assets of £1.8m and 1.71x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
198 Contemporary Arts And Learning Limited Overview
198 Contemporary Arts And Learning Limited is a live company located in london, SE24 0JT with a Companies House number of 02369267. It operates in the cultural education sector, SIC Code 85520. Founded in April 1989, it's largest shareholder is clarence thompson with a 50% stake. 198 Contemporary Arts And Learning Limited is a mature, micro sized company, Pomanda has estimated its turnover at £383.1k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
198 Contemporary Arts And Learning Limited Health Check
Pomanda's financial health check has awarded 198 Contemporary Arts And Learning Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
3 Weak
Size
annual sales of £383.1k, make it larger than the average company (£286.7k)
£383.1k - 198 Contemporary Arts And Learning Limited
£286.7k - Industry AVG
Growth
3 year (CAGR) sales growth of -22%, show it is growing at a slower rate (7.5%)
-22% - 198 Contemporary Arts And Learning Limited
7.5% - Industry AVG
Production
with a gross margin of 57.4%, this company has a comparable cost of product (57.4%)
57.4% - 198 Contemporary Arts And Learning Limited
57.4% - Industry AVG
Profitability
an operating margin of 9.7% make it more profitable than the average company (1.9%)
9.7% - 198 Contemporary Arts And Learning Limited
1.9% - Industry AVG
Employees
with 9 employees, this is above the industry average (6)
9 - 198 Contemporary Arts And Learning Limited
6 - Industry AVG
Pay Structure
on an average salary of £16.9k, the company has a lower pay structure (£26.7k)
£16.9k - 198 Contemporary Arts And Learning Limited
£26.7k - Industry AVG
Efficiency
resulting in sales per employee of £42.6k, this is less efficient (£63.1k)
£42.6k - 198 Contemporary Arts And Learning Limited
£63.1k - Industry AVG
Debtor Days
it gets paid by customers after 17 days, this is later than average (13 days)
17 days - 198 Contemporary Arts And Learning Limited
13 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - 198 Contemporary Arts And Learning Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - 198 Contemporary Arts And Learning Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1046 weeks, this is more cash available to meet short term requirements (137 weeks)
1046 weeks - 198 Contemporary Arts And Learning Limited
137 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 4.4%, this is a lower level of debt than the average (22.2%)
4.4% - 198 Contemporary Arts And Learning Limited
22.2% - Industry AVG
198 CONTEMPORARY ARTS AND LEARNING LIMITED financials
198 Contemporary Arts And Learning Limited's latest turnover from March 2024 is £383.1 thousand and the company has net assets of £1.8 million. According to their latest financial statements, 198 Contemporary Arts And Learning Limited has 9 employees and maintains cash reserves of £71.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | 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 | 383,064 | 346,592 | 483,433 | 814,590 | 872,438 | 229,080 | 186,018 | 261,790 | 349,048 | 309,689 | 445,240 | 480,316 | 306,880 | 296,647 | 362,232 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 25,113 | 39,665 | 170,066 | 546,436 | 629,177 | 37,460 | 26,086 | 41,312 | -10,982 | -67,967 | 6,908 | 103,030 | -23,714 | -33,209 | 32,572 |
| Tax | |||||||||||||||
| Profit After Tax | 25,113 | 39,665 | 170,066 | 546,436 | 629,177 | 37,460 | 26,086 | 41,312 | -10,982 | -67,967 | 6,908 | 103,030 | -23,714 | -33,209 | 32,572 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 25,113 | 39,665 | 170,066 | 546,436 | 629,177 | 37,460 | 26,086 | 41,312 | -10,982 | -67,967 | 6,908 | 103,030 | -23,714 | -33,209 | 32,572 |
| Employee Costs | 152,091 | 129,288 | 100,481 | 86,581 | 126,864 | 73,673 | 67,303 | 88,897 | 115,184 | 160,208 | 158,905 | 126,346 | 112,262 | 112,262 | 94,803 |
| Number Of Employees | 9 | 8 | 4 | 4 | 5 | 4 | 4 | 8 | 11 | 15 | 14 | 10 | 5 | 5 | 5 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | 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 | 1,798,203 | 1,803,258 | 1,808,115 | 1,623,576 | 670,318 | 389,488 | 392,652 | 191,870 | 191,509 | 7,553 | 9,686 | 11,418 | 15,236 | 20,317 | 25,684 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 1,798,203 | 1,803,258 | 1,808,115 | 1,623,576 | 670,318 | 389,488 | 392,652 | 191,870 | 191,509 | 7,553 | 9,686 | 11,418 | 15,236 | 20,317 | 25,684 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 18,696 | 17,257 | 22,020 | 2,770 | 309,349 | 9,418 | 3,340 | 5,190 | 2,569 | 25 | 570 | 8,634 | 12,585 | 18,815 | |
| Group Debtors | |||||||||||||||
| Misc Debtors | 650 | 650 | 650 | 3,999 | 300 | 5,034 | 2,964 | 3,550 | 2,745 | 100 | 100 | ||||
| Cash | 71,265 | 66,176 | 41,325 | 79,870 | 93,681 | 21,866 | 6,194 | 16,293 | 1,644 | 94,911 | 183,107 | 157,711 | 51,608 | 75,978 | 69,361 |
| misc current assets | |||||||||||||||
| total current assets | 90,611 | 84,083 | 63,995 | 82,640 | 407,029 | 31,284 | 9,834 | 21,483 | 1,644 | 102,514 | 186,096 | 161,831 | 62,987 | 88,663 | 88,276 |
| total assets | 1,888,814 | 1,887,341 | 1,872,110 | 1,706,216 | 1,077,347 | 420,772 | 402,486 | 213,353 | 193,153 | 110,067 | 195,782 | 173,249 | 78,223 | 108,980 | 113,960 |
| Bank overdraft | 7,247 | 8,701 | 4,519 | 3,481 | |||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 147 | 1,246 | 16,617 | 1,349 | |||||||||||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | 6,433 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 3,540 | 3,180 | 4,614 | 4,786 | 3,353 | 25,955 | 45,129 | 87,082 | 48,194 | 7,692 | 24,480 | 6,305 | 3,120 | 26,419 | 3,020 |
| total current liabilities | 3,540 | 3,180 | 4,614 | 4,786 | 3,353 | 25,955 | 45,129 | 87,082 | 48,194 | 14,125 | 31,874 | 16,252 | 24,256 | 31,249 | 3,020 |
| loans | 57,000 | 69,000 | 81,000 | 81,000 | 50 | ||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 60,000 | ||||||||||||||
| other liabilities | 50 | ||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 80,000 | 104,000 | 127,000 | 131,000 | 50,000 | 60,000 | 50 | 50 | |||||||
| total liabilities | 83,540 | 107,180 | 131,614 | 135,786 | 53,353 | 25,955 | 45,129 | 87,082 | 108,194 | 14,125 | 31,874 | 16,252 | 24,256 | 31,299 | 3,070 |
| net assets | 1,805,274 | 1,780,161 | 1,740,496 | 1,570,430 | 1,023,994 | 394,817 | 357,357 | 126,271 | 84,959 | 95,942 | 163,908 | 156,997 | 53,967 | 77,681 | 110,890 |
| total shareholders funds | 1,805,274 | 1,780,161 | 1,740,496 | 1,570,430 | 1,023,994 | 394,817 | 357,357 | 126,271 | 84,959 | 95,942 | 163,908 | 156,997 | 53,967 | 77,681 | 110,890 |
| Mar 2024 | 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 | 5,055 | 4,857 | 6,502 | 8,670 | 2,372 | 3,164 | 4,218 | 5,624 | 5,504 | 2,518 | 3,232 | 3,809 | 5,081 | 6,771 | 8,562 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 1,439 | -4,763 | 19,900 | -310,578 | 303,930 | 5,778 | -1,550 | 5,190 | -7,603 | 4,614 | -1,131 | -7,259 | -1,306 | -6,230 | 18,915 |
| Creditors | -147 | -1,099 | -15,371 | 15,268 | 1,349 | ||||||||||
| Accruals and Deferred Income | 360 | -1,434 | -172 | 1,433 | -22,602 | -19,174 | -41,953 | -21,112 | 100,502 | -16,788 | 18,175 | 3,185 | -23,299 | 23,399 | 3,020 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | -189,461 | -385 | |||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | -189,461 | -385 | |||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | -6,433 | 6,433 | |||||||||||||
| Long term loans | -12,000 | -12,000 | 81,000 | -50 | 50 | ||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -50 | 50 | |||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | -12,000 | -12,000 | 81,000 | 205,000 | -6,434 | 6,434 | 3 | -50 | 78,368 | ||||||
| cash and cash equivalents | |||||||||||||||
| cash | 5,089 | 24,851 | -38,545 | -13,811 | 71,815 | 15,672 | -10,099 | 14,649 | -93,267 | -88,196 | 25,396 | 106,103 | -24,370 | 6,617 | 69,361 |
| overdraft | -7,247 | -1,454 | 4,182 | 1,038 | 3,481 | ||||||||||
| change in cash | 5,089 | 24,851 | -38,545 | -13,811 | 71,815 | 15,672 | -10,099 | 14,649 | -93,267 | -80,949 | 26,850 | 101,921 | -25,408 | 3,136 | 69,361 |
198 contemporary arts and learning limited Credit Report and Business Information
198 Contemporary Arts And Learning Limited Competitor Analysis
Perform a competitor analysis for 198 contemporary arts and learning limited by selecting its closest rivals, whether from the EDUCATION sector, other micro companies, companies in SE24 area or any other competitors across 12 key performance metrics.
198 contemporary arts and learning limited Ownership
198 CONTEMPORARY ARTS AND LEARNING LIMITED group structure
198 Contemporary Arts And Learning Limited has no subsidiary companies.
Ultimate parent company
198 CONTEMPORARY ARTS AND LEARNING LIMITED
02369267
198 contemporary arts and learning limited directors
198 Contemporary Arts And Learning Limited currently has 8 directors. The longest serving directors include Mr Ajamu Ikwe-Tyehimba (Apr 2019) and Mr Linton Johnson (Apr 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ajamu Ikwe-Tyehimba | England | 61 years | Apr 2019 | - | Director |
| Mr Linton Johnson | England | 72 years | Apr 2019 | - | Director |
| Ms Asante Barbara | England | 54 years | Apr 2019 | - | Director |
| Leslie Johnson | 67 years | Mar 2022 | - | Director | |
| Ms Kate Theophilus | 52 years | Mar 2022 | - | Director | |
| Ms Nicola Lockey | England | 71 years | Jun 2022 | - | Director |
| Mr Oneil Williams | England | 68 years | Jun 2022 | - | Director |
| Ms Kay Scorah | 70 years | Oct 2024 | - | Director |
P&L
March 2024turnover
383.1k
+11%
operating profit
37k
0%
gross margin
57.4%
-3.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
1.8m
+0.01%
total assets
1.9m
0%
cash
71.3k
+0.08%
net assets
Total assets minus all liabilities
Similar Companies
198 contemporary arts and learning limited company details
company number
02369267
Type
Private Ltd By Guarantee w/o Share Cap
industry
90030 - Artistic creation
85520 - Cultural education
incorporation date
April 1989
age
36
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
198 contemporary arts and learning ltd (May 2015)
198 gallery ltd. (August 2007)
accountant
EBENEZER OKAI
auditor
-
address
194/198 railton road, herne hill, london, SE24 0JT
Bank
BARCLAYS BANK PLC
Legal Advisor
-
198 contemporary arts and learning 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 198 contemporary arts and learning limited.
198 contemporary arts and learning 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 198 CONTEMPORARY ARTS AND LEARNING LIMITED. This can take several minutes, an email will notify you when this has completed.
198 contemporary arts and learning limited Companies House Filings - See Documents
| date | description | view/download |
|---|
