hale events limited

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hale events limited Company Information

Share HALE EVENTS LIMITED

Company Number

02631247

Shareholders

michael anderson

michael sartain

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Group Structure

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Industry

Other business support service activities n.e.c.

 

Registered Address

premier house old church road, axbridge, somerset, BS26 2BQ

hale events limited Estimated Valuation

£461k

Pomanda estimates the enterprise value of HALE EVENTS LIMITED at £461k based on a Turnover of £1.1m and 0.4x industry multiple (adjusted for size and gross margin).

hale events limited Estimated Valuation

£540.8k

Pomanda estimates the enterprise value of HALE EVENTS LIMITED at £540.8k based on an EBITDA of £183.8k and a 2.94x industry multiple (adjusted for size and gross margin).

hale events limited Estimated Valuation

£641.7k

Pomanda estimates the enterprise value of HALE EVENTS LIMITED at £641.7k based on Net Assets of £300.8k and 2.13x industry multiple (adjusted for liquidity).

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Hale Events Limited Overview

Hale Events Limited is a live company located in somerset, BS26 2BQ with a Companies House number of 02631247. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in July 1991, it's largest shareholder is michael anderson with a 47.5% stake. Hale Events Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.1m with declining growth in recent years.

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Hale Events Limited Health Check

Pomanda's financial health check has awarded Hale Events Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £1.1m, make it smaller than the average company (£4.3m)

£1.1m - Hale Events Limited

£4.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (9.1%)

-1% - Hale Events Limited

9.1% - Industry AVG

production

Production

with a gross margin of 17%, this company has a higher cost of product (37.8%)

17% - Hale Events Limited

37.8% - Industry AVG

profitability

Profitability

an operating margin of 16% make it more profitable than the average company (5.5%)

16% - Hale Events Limited

5.5% - Industry AVG

employees

Employees

with 9 employees, this is below the industry average (25)

9 - Hale Events Limited

25 - Industry AVG

paystructure

Pay Structure

on an average salary of £50.7k, the company has an equivalent pay structure (£50.7k)

£50.7k - Hale Events Limited

£50.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £127.4k, this is less efficient (£156.8k)

£127.4k - Hale Events Limited

£156.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 132 days, this is later than average (38 days)

132 days - Hale Events Limited

38 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 55 days, this is slower than average (32 days)

55 days - Hale Events Limited

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Hale Events Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Hale Events Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 33.5%, this is a lower level of debt than the average (60.3%)

33.5% - Hale Events Limited

60.3% - Industry AVG

HALE EVENTS LIMITED financials

EXPORTms excel logo

Hale Events Limited's latest turnover from May 2024 is estimated at £1.1 million and the company has net assets of £300.8 thousand. According to their latest financial statements, Hale Events Limited has 9 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Turnover1,146,659950,0711,443,3191,179,5231,025,577189,905194,392211,963330,905244,579188,918200,76679,21875,10281,006
Other Income Or Grants
Cost Of Sales952,095783,0831,202,766995,397849,689158,055161,801174,789272,749203,798157,776166,50465,32861,30464,915
Gross Profit194,564166,988240,553184,127175,88831,85032,59037,17458,15640,78131,14234,26213,89113,79916,090
Admin Expenses10,78019,720142,797399,442181,4203,638-10,39446,50942,66937,76630,17723,574-31,917-19,879-66,173
Operating Profit183,784147,26897,756-215,315-5,53228,21242,984-9,33515,4873,01596510,68845,80833,67882,263
Interest Payable1,5231,584
Interest Receivable941,5961,020363709757668704664541259
Pre-Tax Profit183,784147,26897,756-215,315-5,43829,80944,004-10,49514,6113,7711,63311,39246,47234,21982,522
Tax-45,946-36,817-18,574-5,664-8,361-2,922-754-343-2,620-11,153-8,897-23,106
Profit After Tax137,838110,45179,182-215,315-5,43824,14535,643-10,49511,6893,0171,2908,77235,31925,32259,416
Dividends Paid
Retained Profit137,838110,45179,182-215,315-5,43824,14535,643-10,49511,6893,0171,2908,77235,31925,32259,416
Employee Costs456,012432,999363,890384,562422,157372,030352,075415,454379,98037,60037,62436,72336,88436,08335,793
Number Of Employees998910991110111111
EBITDA*183,784147,26897,756-215,31551,46787,215101,81076,744100,73557,38052,91559,93053,76940,73386,625

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Tangible Assets11,1825,8333,5538,54813,58312,51019,55620,53426,54925,46112,1469,27412,27816,75518,338
Intangible Assets109,05715,72559,413133,629151,770197,948244,126
Investments & Other2525
Debtors (Due After 1 year)
Total Fixed Assets11,1825,8333,5538,54813,583121,59235,30679,947160,178177,231210,094253,40012,27816,75518,338
Stock & work in progress
Trade Debtors415,165356,853545,529412,301362,0706765,02764014,95510,01516,1369,78910,3478,083
Group Debtors
Misc Debtors26,24020,39872,05094,86912,1568,6115,0455,737
Cash188,585237,070171,001119,764163,815138,824128,299153,207112,552103,718
misc current assets
total current assets441,405377,251617,579507,170362,070201,417250,708176,686125,501178,770148,839144,435162,996122,899111,801
total assets452,587383,084621,132515,718375,653323,009286,014256,633285,679356,001358,933397,835175,274139,654130,139
Bank overdraft45,000
Bank loan
Trade Creditors 143,810118,138405,509319,200184,95410,82915,2794,7682,163159,023122,635118,40142,76141,74157,103
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities105,82390,762103,63474,632
total current liabilities143,810118,138405,509319,200184,954116,652106,041108,402121,795159,023122,635118,40142,76141,74157,103
loans3,750
hp & lease commitments
Accruals and Deferred Income7,9418,5921,5882,899
other liabilities93,356161,488218,82748,75093,750138,750
provisions1,4272,0192,2393,9015,3095,0922,4291,8552,4563,1753,620
total long term liabilities7,941101,948163,076223,1532,0192,2393,9019,05953,84296,179140,6052,4563,1753,620
total liabilities151,751220,086568,585542,353186,973118,891106,041112,303130,854212,865218,814259,00645,21744,91660,723
net assets300,836162,99852,547-26,635188,680204,118179,973144,330154,825143,136140,119138,829130,05794,73869,416
total shareholders funds300,836162,99852,547-26,635188,680204,118179,973144,330154,825143,136140,119138,829130,05794,73869,416
May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Operating Activities
Operating Profit183,784147,26897,756-215,315-5,53228,21242,984-9,33515,4873,01596510,68845,80833,67882,263
Depreciation6,8179,33512,41111,86311,0328,1875,7727,0637,9617,0554,362
Amortisation50,18249,66846,41574,21674,21646,17846,17842,179
Tax-45,946-36,817-18,574-5,664-8,361-2,922-754-343-2,620-11,153-8,897-23,106
Stock
Debtors64,154-240,328110,409145,100349,238-8067,953-52-9,2184,940-6,1216,347-5582,2648,083
Creditors25,672-287,37186,309134,246174,125-4,45010,5112,605-156,86036,3884,23475,6401,020-15,36257,103
Accruals and Deferred Income-6517,004-1,3112,899-105,82315,061-12,87229,00274,632
Deferred Taxes & Provisions-1,427-592-2202,239-3,901-1,4082172,663574-601-719-4453,620
Cash flow from operations98,70570,41252,344-223,862-229,68995,20779,234106,99525,02090,73763,501126,00243,47513,765116,159
Investing Activities
capital expenditure-5,349-2,2804,9955,03550,985-145,289-14,160-5,848-68,195-21,502-8,644-290,364-3,484-5,472-22,700
Change in Investments-2525
cash flow from investments-5,349-2,2804,9955,03551,010-145,289-14,185-5,848-68,195-21,502-8,644-290,364-3,484-5,472-22,700
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-3,7503,750
Hire Purchase and Lease Commitments
other long term liabilities-93,356-68,132-57,339218,827-48,750-45,000-45,000138,750
share issue-10,00010,000
interest941,5961,020-1,160-875757668704664541259
cash flow from financing-93,356-68,132-57,339218,827-9,9061,5961,020-4,910-45,875-44,243-44,332139,45466454110,259
cash and cash equivalents
cash-188,585-48,48566,06951,237-44,05124,99110,525-24,90840,6558,834103,718
overdraft-45,00045,000
change in cash-188,585-48,48566,06996,237-89,05124,99110,525-24,90840,6558,834103,718

hale events 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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Hale Events Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for hale events limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in BS26 area or any other competitors across 12 key performance metrics.

hale events limited Ownership

HALE EVENTS LIMITED group structure

Hale Events Limited has no subsidiary companies.

Ultimate parent company

HALE EVENTS LIMITED

02631247

HALE EVENTS LIMITED Shareholders

michael anderson 47.5%
michael sartain 47.5%
paul thomas 5%

hale events limited directors

Hale Events Limited currently has 1 director, Mr Michael Anderson serving since Mar 2008.

officercountryagestartendrole
Mr Michael AndersonEngland56 years Mar 2008- Director

P&L

May 2024

turnover

1.1m

+21%

operating profit

183.8k

0%

gross margin

17%

-3.46%

turnover

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

Balance Sheet

May 2024

net assets

300.8k

+0.85%

total assets

452.6k

+0.18%

cash

0

0%

net assets

Total assets minus all liabilities

hale events limited company details

company number

02631247

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

July 1991

age

34

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

May 2024

previous names

N/A

accountant

BROOKING RUSE

auditor

-

address

premier house old church road, axbridge, somerset, BS26 2BQ

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

hale events 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 1 charges/mortgages relating to hale events limited. Currently there are 0 open charges and 1 have been satisfied in the past.

hale events 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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hale events limited Companies House Filings - See Documents

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