the criterion theatre trust
the criterion theatre trust Company Information
Group Structure
View All
Industry
Operation of arts facilities
Registered Address
73 cornhill, london, EC3V 3QQ
Website
www.criterion-theatre.comthe criterion theatre trust Estimated Valuation
Pomanda estimates the enterprise value of THE CRITERION THEATRE TRUST at £2.1m based on a Turnover of £3.3m and 0.65x industry multiple (adjusted for size and gross margin).
the criterion theatre trust Estimated Valuation
Pomanda estimates the enterprise value of THE CRITERION THEATRE TRUST at £3.4m based on an EBITDA of £436.9k and a 7.86x industry multiple (adjusted for size and gross margin).
the criterion theatre trust Estimated Valuation
Pomanda estimates the enterprise value of THE CRITERION THEATRE TRUST at £2.5m based on Net Assets of £2.7m and 0.95x industry multiple (adjusted for liquidity).
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The Criterion Theatre Trust Overview
The Criterion Theatre Trust is a live company located in london, EC3V 3QQ with a Companies House number of 02759117. It operates in the operation of arts facilities sector, SIC Code 90040. Founded in October 1992, it's largest shareholder is unknown. The Criterion Theatre Trust is a mature, small sized company, Pomanda has estimated its turnover at £3.3m with rapid growth in recent years.
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The Criterion Theatre Trust Health Check
Pomanda's financial health check has awarded The Criterion Theatre Trust a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs
8 Strong
2 Regular
2 Weak
Size
annual sales of £3.3m, make it larger than the average company (£443.3k)
£3.3m - The Criterion Theatre Trust
£443.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 38%, show it is growing at a faster rate (4.3%)
38% - The Criterion Theatre Trust
4.3% - Industry AVG
Production
with a gross margin of 53.2%, this company has a comparable cost of product (53.2%)
53.2% - The Criterion Theatre Trust
53.2% - Industry AVG
Profitability
an operating margin of 12.4% make it more profitable than the average company (1.5%)
12.4% - The Criterion Theatre Trust
1.5% - Industry AVG
Employees
with 43 employees, this is above the industry average (11)
43 - The Criterion Theatre Trust
11 - Industry AVG
Pay Structure
on an average salary of £30.2k, the company has a higher pay structure (£21.4k)
£30.2k - The Criterion Theatre Trust
£21.4k - Industry AVG
Efficiency
resulting in sales per employee of £77k, this is more efficient (£57.9k)
£77k - The Criterion Theatre Trust
£57.9k - Industry AVG
Debtor Days
it gets paid by customers after 13 days, this is later than average (8 days)
13 days - The Criterion Theatre Trust
8 days - Industry AVG
Creditor Days
its suppliers are paid after 42 days, this is close to average (39 days)
42 days - The Criterion Theatre Trust
39 days - Industry AVG
Stock Days
it holds stock equivalent to 3 days, this is less than average (12 days)
3 days - The Criterion Theatre Trust
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 198 weeks, this is more cash available to meet short term requirements (94 weeks)
198 weeks - The Criterion Theatre Trust
94 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23%, this is a lower level of debt than the average (26.3%)
23% - The Criterion Theatre Trust
26.3% - Industry AVG
THE CRITERION THEATRE TRUST financials
The Criterion Theatre Trust's latest turnover from December 2023 is £3.3 million and the company has net assets of £2.7 million. According to their latest financial statements, The Criterion Theatre Trust has 43 employees and maintains cash reserves of £3.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,312,510 | 3,287,020 | 1,949,525 | 1,269,547 | 3,067,185 | 3,034,638 | 3,006,320 | 2,773,226 | 1,667,056 | 1,695,112 | 1,703,045 | 1,650,323 | 1,711,827 | 1,588,927 | 1,550,816 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 433,487 | 538,004 | 107,154 | -422,599 | -115,479 | 220,972 | 452,488 | 426,637 | -75,174 | 17,535 | 163,948 | -81,889 | 190,385 | 219,947 | 185,854 |
| Tax | |||||||||||||||
| Profit After Tax | 433,487 | 538,004 | 107,154 | -422,599 | -115,479 | 220,972 | 452,488 | 426,637 | -75,174 | 17,535 | 163,948 | -81,889 | 190,385 | 219,947 | 185,854 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 433,487 | 538,004 | 107,154 | -422,599 | -115,479 | 220,972 | 452,488 | 426,637 | -75,174 | 17,535 | 163,948 | -81,889 | 190,385 | 219,947 | 185,854 |
| Employee Costs | 1,298,166 | 1,143,328 | 760,421 | 845,754 | 1,346,642 | 1,230,920 | 1,137,851 | 1,001,125 | 873,629 | 807,375 | 779,059 | 723,805 | 679,552 | ||
| Number Of Employees | 43 | 41 | 29 | 26 | 41 | 42 | 39 | 35 | 38 | 35 | 55 | 36 | 32 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 47,766 | 38,773 | 81,578 | 129,283 | 176,989 | 230,306 | 290,653 | 318,963 | 379,176 | 293,799 | 323,665 | 365,508 | 140,599 | 141,068 | 148,947 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 1,661 | 1,661 | 1,661 | 1,662 | 1,662 | 1,662 | 1,662 | 1,662 | 1,662 | 73,645 | 73,645 | 73,645 | 73,645 | 73,644 | 73,644 |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 49,427 | 40,434 | 83,239 | 130,945 | 178,651 | 231,968 | 292,315 | 320,625 | 380,838 | 367,444 | 397,310 | 439,153 | 214,244 | 214,712 | 222,591 |
| Stock & work in progress | 13,436 | 11,710 | 18,452 | 10,567 | 14,792 | 14,718 | 14,322 | 11,372 | 7,446 | 11,973 | 12,019 | 12,011 | 10,259 | 9,165 | 13,752 |
| Trade Debtors | 121,021 | 63,065 | 25,501 | 161,523 | 137,250 | 152,427 | 134,685 | 146,974 | 202,760 | 232,697 | 337,495 | 372,957 | 332,910 | 196,584 | |
| Group Debtors | |||||||||||||||
| Misc Debtors | 230,590 | 245,349 | 266,172 | 147,558 | 178,440 | 231,322 | 170,706 | 100,543 | 137,063 | 154,082 | 93,170 | 74,555 | 76,550 | 83,285 | 75,054 |
| Cash | 3,069,231 | 3,276,089 | 2,032,452 | 1,611,949 | 2,446,607 | 2,632,997 | 2,478,769 | 2,158,917 | 1,056,127 | 992,843 | 1,009,124 | 784,796 | 1,063,687 | 797,094 | 492,772 |
| misc current assets | |||||||||||||||
| total current assets | 3,434,278 | 3,596,213 | 2,342,577 | 1,770,074 | 2,801,362 | 3,016,287 | 2,816,224 | 2,405,517 | 1,347,610 | 1,361,658 | 1,347,010 | 1,208,857 | 1,523,453 | 1,222,454 | 778,162 |
| total assets | 3,483,705 | 3,636,647 | 2,425,816 | 1,901,019 | 2,980,013 | 3,248,255 | 3,108,539 | 2,726,142 | 1,728,448 | 1,729,102 | 1,744,320 | 1,648,010 | 1,737,697 | 1,437,166 | 1,000,753 |
| Bank overdraft | |||||||||||||||
| Bank loan | 10,648 | ||||||||||||||
| Trade Creditors | 182,533 | 153,924 | 42,166 | 5,934 | 722,391 | 877,373 | 939,132 | 996,402 | 427,154 | 408,462 | 427,949 | 495,094 | 492,651 | 378,319 | 178,920 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 619,529 | 1,234,567 | 625,273 | 242,087 | 232,025 | 229,806 | 249,303 | 262,124 | 260,315 | 132,504 | 145,770 | 146,263 | 156,504 | 160,690 | 143,623 |
| total current liabilities | 802,062 | 1,388,491 | 678,087 | 248,021 | 954,416 | 1,107,179 | 1,188,435 | 1,258,526 | 687,469 | 540,966 | 573,719 | 641,357 | 649,155 | 539,009 | 322,543 |
| loans | 37,577 | 50,000 | |||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 37,577 | 50,000 | |||||||||||||
| total liabilities | 802,062 | 1,388,491 | 715,664 | 298,021 | 954,416 | 1,107,179 | 1,188,435 | 1,258,526 | 687,469 | 540,966 | 573,719 | 641,357 | 649,155 | 539,009 | 322,543 |
| net assets | 2,681,643 | 2,248,156 | 1,710,152 | 1,602,998 | 2,025,597 | 2,141,076 | 1,920,104 | 1,467,616 | 1,040,979 | 1,188,136 | 1,170,601 | 1,006,653 | 1,088,542 | 898,157 | 678,210 |
| total shareholders funds | 2,681,643 | 2,248,156 | 1,710,152 | 1,602,998 | 2,025,597 | 2,141,076 | 1,920,104 | 1,467,616 | 1,040,979 | 1,188,136 | 1,170,601 | 1,006,653 | 1,088,542 | 898,157 | 678,210 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 25,521 | 47,567 | 47,704 | 47,706 | 53,317 | 64,200 | 62,782 | 6,021,113 | 60,393 | 46,790 | 45,377 | 29,434 | 20,269 | 20,368 | 18,552 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | 1,726 | -6,742 | 7,885 | -4,225 | 74 | 396 | 2,950 | 3,926 | -4,527 | -46 | 8 | 1,752 | 1,094 | -4,587 | 13,752 |
| Debtors | 43,197 | 16,741 | 144,115 | -192,405 | -28,609 | 45,439 | 87,905 | -48,809 | -72,805 | 30,975 | -86,183 | -37,457 | 33,312 | 144,557 | 271,638 |
| Creditors | 28,609 | 111,758 | 36,232 | -716,457 | -154,982 | -61,759 | -57,270 | 569,248 | 18,692 | -19,487 | -67,145 | 2,443 | 114,332 | 199,399 | 178,920 |
| Accruals and Deferred Income | -615,038 | 609,294 | 383,186 | 10,062 | 2,219 | -19,497 | -12,821 | 1,809 | 127,811 | -13,266 | -493 | -10,241 | -4,186 | 17,067 | 143,623 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | -3,853 | -34,472 | -145,769 | -16,924 | |||||||||||
| Change in Investments | -1 | -71,983 | 1 | 73,644 | |||||||||||
| cash flow from investments | 1 | -3,853 | -34,472 | -73,786 | -16,924 | ||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -10,648 | 10,648 | |||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -37,577 | -12,423 | 50,000 | ||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | -48,225 | -1,775 | 50,000 | -71,983 | 492,356 | ||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -206,858 | 1,243,637 | 420,503 | -834,658 | -186,390 | 154,228 | 319,852 | 1,102,790 | 63,284 | -16,281 | 224,328 | -278,891 | 266,593 | 304,322 | 492,772 |
| overdraft | |||||||||||||||
| change in cash | -206,858 | 1,243,637 | 420,503 | -834,658 | -186,390 | 154,228 | 319,852 | 1,102,790 | 63,284 | -16,281 | 224,328 | -278,891 | 266,593 | 304,322 | 492,772 |
the criterion theatre trust Credit Report and Business Information
The Criterion Theatre Trust Competitor Analysis
Perform a competitor analysis for the criterion theatre trust by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in EC3V area or any other competitors across 12 key performance metrics.
the criterion theatre trust Ownership
THE CRITERION THEATRE TRUST group structure
The Criterion Theatre Trust has 1 subsidiary company.
Ultimate parent company
THE CRITERION THEATRE TRUST
02759117
1 subsidiary
the criterion theatre trust directors
The Criterion Theatre Trust currently has 6 directors. The longest serving directors include Mr Alan Banes (Nov 1992) and Ms Sally Greene (Apr 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alan Banes | 78 years | Nov 1992 | - | Director | |
| Ms Sally Greene | 70 years | Apr 2010 | - | Director | |
| Mr Stephen Fry | England | 67 years | Sep 2012 | - | Director |
| Mr Stephen Rosen | 74 years | Sep 2020 | - | Director | |
| Ms Lily Bourne | United Kingdom | 38 years | Feb 2022 | - | Director |
| Ms Imogen Edwards-Jones | United Kingdom | 57 years | Nov 2023 | - | Director |
P&L
December 2023turnover
3.3m
+1%
operating profit
411.4k
0%
gross margin
53.2%
-10.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
2.7m
+0.19%
total assets
3.5m
-0.04%
cash
3.1m
-0.06%
net assets
Total assets minus all liabilities
the criterion theatre trust company details
company number
02759117
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
90040 - Operation of arts facilities
incorporation date
October 1992
age
33
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
GERALD EDELMAN LLP
address
73 cornhill, london, EC3V 3QQ
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
HOWARD KENNEDY LLP
the criterion theatre trust 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 the criterion theatre trust.
the criterion theatre trust 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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the criterion theatre trust Companies House Filings - See Documents
| date | description | view/download |
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