the waterfront conference company limited
the waterfront conference company limited Company Information
Company Number
02483896
Next Accounts
May 2025
Shareholders
freshwater uk plc
Group Structure
View All
Industry
Activities of conference organizers
Registered Address
hodge house, 114 -116 st. mary street, cardiff, CF10 1DY
the waterfront conference company limited Estimated Valuation
Pomanda estimates the enterprise value of THE WATERFRONT CONFERENCE COMPANY LIMITED at £360.3k based on a Turnover of £406k and 0.89x industry multiple (adjusted for size and gross margin).
the waterfront conference company limited Estimated Valuation
Pomanda estimates the enterprise value of THE WATERFRONT CONFERENCE COMPANY LIMITED at £115.8k based on an EBITDA of £22.8k and a 5.08x industry multiple (adjusted for size and gross margin).
the waterfront conference company limited Estimated Valuation
Pomanda estimates the enterprise value of THE WATERFRONT CONFERENCE COMPANY LIMITED at £0 based on Net Assets of £-352.3k and 1.55x industry multiple (adjusted for liquidity).
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The Waterfront Conference Company Limited Overview
The Waterfront Conference Company Limited is a live company located in cardiff, CF10 1DY with a Companies House number of 02483896. It operates in the activities of conference organisers sector, SIC Code 82302. Founded in March 1990, it's largest shareholder is freshwater uk plc with a 100% stake. The Waterfront Conference Company Limited is a mature, micro sized company, Pomanda has estimated its turnover at £406k with rapid growth in recent years.
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The Waterfront Conference Company Limited Health Check
Pomanda's financial health check has awarded The Waterfront Conference Company Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
4 Weak
Size
annual sales of £406k, make it in line with the average company (£434.1k)
£406k - The Waterfront Conference Company Limited
£434.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (3.5%)
32% - The Waterfront Conference Company Limited
3.5% - Industry AVG
Production
with a gross margin of 82%, this company has a lower cost of product (49.6%)
82% - The Waterfront Conference Company Limited
49.6% - Industry AVG
Profitability
an operating margin of 5.6% make it less profitable than the average company (7.6%)
5.6% - The Waterfront Conference Company Limited
7.6% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (4)
- The Waterfront Conference Company Limited
4 - Industry AVG
Pay Structure
on an average salary of £39.2k, the company has an equivalent pay structure (£39.2k)
- The Waterfront Conference Company Limited
£39.2k - Industry AVG
Efficiency
resulting in sales per employee of £101.5k, this is equally as efficient (£108.9k)
- The Waterfront Conference Company Limited
£108.9k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is earlier than average (54 days)
25 days - The Waterfront Conference Company Limited
54 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (31 days)
0 days - The Waterfront Conference Company Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Waterfront Conference Company Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (42 weeks)
3 weeks - The Waterfront Conference Company Limited
42 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 445.4%, this is a higher level of debt than the average (67.9%)
445.4% - The Waterfront Conference Company Limited
67.9% - Industry AVG
THE WATERFRONT CONFERENCE COMPANY LIMITED financials
The Waterfront Conference Company Limited's latest turnover from August 2023 is £406 thousand and the company has net assets of -£352.3 thousand. According to their latest financial statements, we estimate that The Waterfront Conference Company Limited has 4 employees and maintains cash reserves of £30 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 405,986 | 275,344 | 265,570 | 175,005 | 412,215 | 632,166 | 459,197 | 502,017 | 396,235 | 368,308 | 380,987 | 268,960 | 197,076 | 242,507 | 351,027 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 73,022 | 75,952 | 39,933 | 27,195 | 59,906 | 59,816 | 92,579 | 135,217 | 47,173 | 85,280 | 124,731 | ||||
| Gross Profit | 332,964 | 199,392 | 225,637 | 147,810 | 352,309 | 308,492 | 288,408 | 133,743 | 149,903 | 157,227 | 226,296 | ||||
| Admin Expenses | 310,174 | 197,929 | 212,609 | 387,721 | 500,974 | 182,762 | 243,835 | 211,915 | 336,781 | ||||||
| Operating Profit | 22,790 | 1,463 | 13,028 | -239,911 | -148,665 | 79,601 | -18,700 | 122,342 | 24,333 | -49,019 | -93,932 | -54,688 | -110,485 | ||
| Interest Payable | 89 | ||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 22,790 | 1,463 | 13,028 | -239,911 | -148,665 | 79,601 | -18,700 | 122,342 | 24,333 | 153,211 | -21,180 | -49,019 | -93,932 | -54,688 | -110,574 |
| Tax | 15,124 | -15,124 | -24,468 | -4,896 | 2,174 | 753 | -2,235 | ||||||||
| Profit After Tax | 22,790 | 1,463 | 13,028 | -239,911 | -133,541 | 64,477 | -18,700 | 97,874 | 19,437 | 155,385 | -21,180 | -49,019 | -93,932 | -53,935 | -112,809 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 22,790 | 1,463 | 13,028 | -239,911 | -133,541 | 64,477 | -18,700 | 97,874 | 19,437 | 155,385 | -21,180 | -49,019 | -93,932 | -53,935 | -112,809 |
| Employee Costs | 230,744 | 236,825 | 314,743 | 444,551 | |||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* | 22,790 | 1,463 | 13,028 | -239,911 | -148,665 | 79,601 | -18,700 | 122,342 | 24,333 | -49,019 | -93,932 | -54,688 | -93,181 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,174 | 16,982 | |||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 2,174 | ||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 2,174 | 16,982 | |||||||||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 28,544 | 8,967 | 5,361 | 15,698 | 18,555 | 31,795 | 33,549 | 66,753 | 49,540 | 33,732 | 16,339 | 102,305 | 68,440 | 52,009 | 83,650 |
| Group Debtors | 71,449 | 73,593 | 63,053 | 109,531 | 19,109 | 106,483 | 34,760 | 61,084 | 11,577 | ||||||
| Misc Debtors | 43,405 | 34,750 | 39,109 | 49,992 | 45,863 | 42,905 | 47,895 | 19,495 | 11,184 | 78,880 | 53,958 | 84,453 | 21,264 | 43,908 | 46,579 |
| Cash | 30,045 | 180,343 | 155,494 | 63,701 | 5,183 | 27,661 | 32,169 | 34,353 | 15,616 | 121,187 | 38,294 | 20,340 | 5,132 | ||
| misc current assets | |||||||||||||||
| total current assets | 101,994 | 224,060 | 199,964 | 129,391 | 156,174 | 175,954 | 176,666 | 230,132 | 95,449 | 233,799 | 108,591 | 293,241 | 124,464 | 177,341 | 146,938 |
| total assets | 101,994 | 224,060 | 199,964 | 129,391 | 156,174 | 175,954 | 176,666 | 230,132 | 95,449 | 235,973 | 108,591 | 293,241 | 124,464 | 177,341 | 163,920 |
| Bank overdraft | 61,952 | 14,245 | |||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 98 | 1,286 | 3,150 | 4,876 | 4,307 | 7,670 | 16,297 | 20,012 | 33,130 | 13,741 | 34,766 | 191,486 | 32,149 | 68,662 | 48,257 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 454,225 | 597,893 | 573,396 | 514,125 | 301,566 | 184,442 | 241,004 | 272,055 | 222,128 | 401,478 | 408,456 | 353,254 | 342,502 | 279,179 | 229,793 |
| total current liabilities | 454,323 | 599,179 | 576,546 | 519,001 | 305,873 | 192,112 | 257,301 | 292,067 | 255,258 | 415,219 | 443,222 | 606,692 | 388,896 | 347,841 | 278,050 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 4,870 | ||||||||||||||
| total long term liabilities | 2,435 | ||||||||||||||
| total liabilities | 454,323 | 599,179 | 576,546 | 519,001 | 305,873 | 192,112 | 257,301 | 292,067 | 255,258 | 415,219 | 443,222 | 606,692 | 388,896 | 347,841 | 280,485 |
| net assets | -352,329 | -375,119 | -376,582 | -389,610 | -149,699 | -16,158 | -80,635 | -61,935 | -159,809 | -179,246 | -334,631 | -313,451 | -264,432 | -170,500 | -116,565 |
| total shareholders funds | -352,329 | -375,119 | -376,582 | -389,610 | -149,699 | -16,158 | -80,635 | -61,935 | -159,809 | -179,246 | -334,631 | -313,451 | -264,432 | -170,500 | -116,565 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 22,790 | 1,463 | 13,028 | -239,911 | -148,665 | 79,601 | -18,700 | 122,342 | 24,333 | -49,019 | -93,932 | -54,688 | -110,485 | ||
| Depreciation | 17,304 | ||||||||||||||
| Amortisation | |||||||||||||||
| Tax | 15,124 | -15,124 | -24,468 | -4,896 | 2,174 | 753 | -2,235 | ||||||||
| Stock | |||||||||||||||
| Debtors | 28,232 | -753 | -21,220 | -70,177 | -12,426 | 3,796 | -51,282 | 115,946 | -32,779 | 42,315 | -222,944 | 168,777 | -32,537 | 15,195 | 141,806 |
| Creditors | -1,188 | -1,864 | -1,726 | 569 | -3,363 | -8,627 | -3,715 | -13,118 | 19,389 | -21,025 | -156,720 | 159,337 | -36,513 | 20,405 | 48,257 |
| Accruals and Deferred Income | -143,668 | 24,497 | 59,271 | 212,559 | 117,124 | -56,562 | -31,051 | 49,927 | -179,350 | -6,978 | 55,202 | 10,752 | 63,323 | 49,386 | 229,793 |
| Deferred Taxes & Provisions | -4,870 | 4,870 | |||||||||||||
| Cash flow from operations | -150,298 | 24,849 | 91,793 | 43,394 | -7,354 | -4,508 | -2,184 | 18,737 | -107,745 | -47,707 | -34,585 | -4,209 | 45,698 | ||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -2,174 | 2,174 | |||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -89 | ||||||||||||||
| cash flow from financing | -3,845 | ||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -150,298 | 24,849 | 91,793 | 58,518 | -22,478 | -4,508 | -2,184 | 18,737 | -105,571 | 82,893 | 38,294 | -20,340 | 15,208 | 5,132 | |
| overdraft | -61,952 | 47,707 | 14,245 | ||||||||||||
| change in cash | -150,298 | 24,849 | 91,793 | 58,518 | -22,478 | -4,508 | -2,184 | 18,737 | -105,571 | 82,893 | 100,246 | -47,707 | -34,585 | 15,208 | 5,132 |
the waterfront conference company limited Credit Report and Business Information
The Waterfront Conference Company Limited Competitor Analysis
Perform a competitor analysis for the waterfront conference company limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in CF10 area or any other competitors across 12 key performance metrics.
the waterfront conference company limited Ownership
THE WATERFRONT CONFERENCE COMPANY LIMITED group structure
The Waterfront Conference Company Limited has no subsidiary companies.
Ultimate parent company
2 parents
THE WATERFRONT CONFERENCE COMPANY LIMITED
02483896
the waterfront conference company limited directors
The Waterfront Conference Company Limited currently has 2 directors. The longest serving directors include Mr John Evans (Dec 2007) and Mr David Howell (Jul 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Evans | Wales | 62 years | Dec 2007 | - | Director |
| Mr David Howell | Wales | 65 years | Jul 2019 | - | Director |
P&L
August 2023turnover
406k
+47%
operating profit
22.8k
+1458%
gross margin
82.1%
+13.25%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
-352.3k
-0.06%
total assets
102k
-0.54%
cash
30k
-0.83%
net assets
Total assets minus all liabilities
Similar Companies
the waterfront conference company limited company details
company number
02483896
Type
Private limited with Share Capital
industry
82302 - Activities of conference organizers
incorporation date
March 1990
age
35
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
August 2023
previous names
port enterprises limited (May 1994)
mark 2038 limited (June 1990)
accountant
-
auditor
AZETS AUDIT SERVICES
address
hodge house, 114 -116 st. mary street, cardiff, CF10 1DY
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
the waterfront conference company 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 found 3 charges/mortgages relating to the waterfront conference company limited. Currently there are 1 open charges and 2 have been satisfied in the past.
the waterfront conference company 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 THE WATERFRONT CONFERENCE COMPANY LIMITED. This can take several minutes, an email will notify you when this has completed.
the waterfront conference company limited Companies House Filings - See Documents
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