michael watt productions limited

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michael watt productions limited Company Information

Share MICHAEL WATT PRODUCTIONS LIMITED

Company Number

02476857

Shareholders

michael watt

Group Structure

View All

Industry

Performing arts

 +2

Registered Address

1st floor, 47a frith street soho, london, W1D 4HT

michael watt productions limited Estimated Valuation

£83.6k

Pomanda estimates the enterprise value of MICHAEL WATT PRODUCTIONS LIMITED at £83.6k based on a Turnover of £133.1k and 0.63x industry multiple (adjusted for size and gross margin).

michael watt productions limited Estimated Valuation

£517.5k

Pomanda estimates the enterprise value of MICHAEL WATT PRODUCTIONS LIMITED at £517.5k based on an EBITDA of £67.1k and a 7.72x industry multiple (adjusted for size and gross margin).

michael watt productions limited Estimated Valuation

£662.1k

Pomanda estimates the enterprise value of MICHAEL WATT PRODUCTIONS LIMITED at £662.1k based on Net Assets of £640.3k and 1.03x industry multiple (adjusted for liquidity).

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Michael Watt Productions Limited Overview

Michael Watt Productions Limited is a live company located in london, W1D 4HT with a Companies House number of 02476857. It operates in the performing arts sector, SIC Code 90010. Founded in March 1990, it's largest shareholder is michael watt with a 100% stake. Michael Watt Productions Limited is a mature, micro sized company, Pomanda has estimated its turnover at £133.1k with declining growth in recent years.

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Michael Watt Productions Limited Health Check

Pomanda's financial health check has awarded Michael Watt Productions Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

2 Strong

positive_score

4 Regular

positive_score

3 Weak

size

Size

annual sales of £133.1k, make it smaller than the average company (£400.7k)

£133.1k - Michael Watt Productions Limited

£400.7k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (9.4%)

-9% - Michael Watt Productions Limited

9.4% - Industry AVG

production

Production

with a gross margin of 43%, this company has a comparable cost of product (43%)

43% - Michael Watt Productions Limited

43% - Industry AVG

profitability

Profitability

an operating margin of 50.4% make it more profitable than the average company (1.9%)

50.4% - Michael Watt Productions Limited

1.9% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (8)

2 - Michael Watt Productions Limited

8 - Industry AVG

paystructure

Pay Structure

on an average salary of £26k, the company has an equivalent pay structure (£26k)

£26k - Michael Watt Productions Limited

£26k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £66.6k, this is equally as efficient (£66.6k)

£66.6k - Michael Watt Productions Limited

£66.6k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Michael Watt Productions Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Michael Watt Productions Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Michael Watt Productions Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 92 weeks, this is average cash available to meet short term requirements (106 weeks)

92 weeks - Michael Watt Productions Limited

106 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 14.2%, this is a lower level of debt than the average (25.3%)

14.2% - Michael Watt Productions Limited

25.3% - Industry AVG

MICHAEL WATT PRODUCTIONS LIMITED financials

EXPORTms excel logo

Michael Watt Productions Limited's latest turnover from March 2024 is estimated at £133.1 thousand and the company has net assets of £640.3 thousand. According to their latest financial statements, Michael Watt Productions Limited has 2 employees and maintains cash reserves of £66.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover133,124127,302120,598176,880201,451195,829128,544132,385665,32412,903,27645,5604,770,0534,065,2344,863,501
Other Income Or Grants
Cost Of Sales75,89070,42167,777100,264119,850114,68075,17273,481350,6236,948,40625,0732,648,6902,432,7612,674,715
Gross Profit57,23456,88052,82176,61681,60081,14953,37258,905314,7015,954,87020,4872,121,3631,632,4732,188,786
Admin Expenses-9,816113,89079,591117,26286,98261,437-635,956-1,204,406-401,3841,195,4746,043,804-321,9412,555,9901,393,9022,393,453
Operating Profit67,050-57,010-26,770-40,646-5,38219,712689,3281,263,311401,384-880,773-88,934342,428-434,627238,571-204,667
Interest Payable14,55416,1054,8179,6465,214
Interest Receivable5,51210,2573,6965184012,8793,6411,4632,1892,8009001921481,7151,643
Pre-Tax Profit72,563-46,753-23,074-40,128-19,5356,486688,1521,255,129398,359-877,973-88,034342,620-434,479240,286-203,024
Tax-18,141-1,232-130,749-251,026-79,672-82,229-67,280
Profit After Tax54,422-46,753-23,074-40,128-19,5355,254557,4031,004,103318,687-877,973-88,034260,391-434,479173,006-203,024
Dividends Paid
Retained Profit54,422-46,753-23,074-40,128-19,5355,254557,4031,004,103318,687-877,973-88,034260,391-434,479173,006-203,024
Employee Costs51,90149,16947,60770,37369,31268,38843,74344,154254,7044,635,49523,6181,712,6571,461,1361,674,265
Number Of Employees22233322111951766576
EBITDA*67,050-57,010-26,770-40,646-5,38219,712689,3281,263,311401,384-880,773-88,934342,428-434,627238,571-204,667

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)733,000733,000
Total Fixed Assets733,000733,000
Stock & work in progress
Trade Debtors27,391733,0001,22985,21885,217
Group Debtors
Misc Debtors546,663643,987392,534361,204438,056561,899538,70619,96725,631
Cash66,641143,348339,315646,408389,106412,451355,3271,101,05569,242806,231313,69346,43530,18628,821657,078
misc current assets132,81344,179307,741435,106458,545535,6701,324,536680,9501,314,4151,031,502692,8571,135,347188,461
total current assets746,117831,5141,039,5901,007,6121,262,2681,301,6371,352,5781,656,6921,419,4091,514,5722,361,1081,079,166808,2611,249,385845,539
total assets746,117831,5141,039,5901,007,6121,262,2681,301,6371,352,5781,656,6921,419,4091,514,5722,361,1081,812,1661,541,2611,249,385845,539
Bank overdraft
Bank loan
Trade Creditors 116,2894,33312,5012,005,7561,279,4011,048,561
Group/Directors Accounts
other short term finances148,222160,434
hp & lease commitments
other current liabilities37,57312,25524,75417,256109,265109,125159,69847,0642,206
total current liabilities37,57312,25524,75417,256109,265109,125159,698195,286162,640116,2894,33312,5012,005,7561,279,4011,048,561
loans477,176
hp & lease commitments
Accruals and Deferred Income
other liabilities68,276233,413382,237334,683457,202482,7981,308,7272,108,1932,568,3942,648,9132,003,769
provisions
total long term liabilities68,276233,413382,237334,683457,202477,176482,7981,308,7272,108,1932,568,3942,648,9132,003,769
total liabilities105,849245,668406,991351,939566,467586,301642,4961,504,0132,270,8332,684,6832,653,2462,016,2702,005,7561,279,4011,048,561
net assets640,268585,846632,599655,673695,801715,336710,082152,679-851,424-1,170,111-292,138-204,104-464,495-30,016-203,022
total shareholders funds640,268585,846632,599655,673695,801715,336710,082152,679-851,424-1,170,111-292,138-204,104-464,495-30,016-203,022
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit67,050-57,010-26,770-40,646-5,38219,712689,3281,263,311401,384-880,773-88,934342,428-434,627238,571-204,667
Depreciation
Amortisation
Tax-18,141-1,232-130,749-251,026-79,672-82,229-67,280
Stock
Debtors-97,324251,45331,330-76,852-123,84323,193518,739-5,664-1,760-705,609-1,229-83,989733,00185,217
Creditors-116,289111,956-8,168-1,993,255726,355230,8401,048,561
Accruals and Deferred Income25,318-12,4997,498-92,009140-50,573112,63444,8582,206
Deferred Taxes & Provisions
Cash flow from operations171,551-320,962-50,602-55,803118,601-55,286152,4741,062,807209,389-63,208-95,873-1,649,067-441,273316,914843,894
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans -148,222-12,212160,434
Long term loans-477,176477,176
Hire Purchase and Lease Commitments
other long term liabilities-165,137-148,82447,554-122,519457,202-482,798-825,929-799,466-460,201-80,519645,1442,003,769
share issue2
interest5,51210,2573,696518-14,153-13,226-1,176-8,183-3,0252,8009001921481,7151,643
cash flow from financing-159,625-138,56751,250-122,001-34,127-18,848-975,327-819,861-302,792-77,719646,0442,003,9611481,7151,645
cash and cash equivalents
cash-76,707-195,967-307,093257,302-23,34557,124-745,7281,031,813-736,989492,538267,25816,2491,365-628,257657,078
overdraft
change in cash-76,707-195,967-307,093257,302-23,34557,124-745,7281,031,813-736,989492,538267,25816,2491,365-628,257657,078

michael watt productions 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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Michael Watt Productions Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for michael watt productions limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in W1D area or any other competitors across 12 key performance metrics.

michael watt productions limited Ownership

MICHAEL WATT PRODUCTIONS LIMITED group structure

Michael Watt Productions Limited has no subsidiary companies.

Ultimate parent company

MICHAEL WATT PRODUCTIONS LIMITED

02476857

MICHAEL WATT PRODUCTIONS LIMITED Shareholders

michael watt 100%

michael watt productions limited directors

Michael Watt Productions Limited currently has 2 directors. The longest serving directors include Mr Michael Watt (Jul 1999) and Mr Michael Bucks (Aug 2005).

officercountryagestartendrole
Mr Michael Watt84 years Jul 1999- Director
Mr Michael Bucks62 years Aug 2005- Director

P&L

March 2024

turnover

133.1k

+5%

operating profit

67.1k

0%

gross margin

43%

-3.78%

turnover

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

Balance Sheet

March 2024

net assets

640.3k

+0.09%

total assets

746.1k

-0.1%

cash

66.6k

-0.54%

net assets

Total assets minus all liabilities

michael watt productions limited company details

company number

02476857

Type

Private limited with Share Capital

industry

90020 - Support activities to performing arts

90010 - Performing arts

90040 - Operation of arts facilities

incorporation date

March 1990

age

35

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

aplo limited (August 1999)

csi (international programming developments) limited (February 1998)

See more

accountant

-

auditor

-

address

1st floor, 47a frith street soho, london, W1D 4HT

Bank

BARCLAYS BANK PLC, BARCLAYS BANK PLC

Legal Advisor

-

michael watt productions 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 michael watt productions limited.

michael watt productions 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.

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michael watt productions limited Companies House Filings - See Documents

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