cockpit arts Company Information
Group Structure
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Industry
Operation of arts facilities
+2Registered Address
cockpit yard, northington street, london, WC1N 2NP
Website
www.cockpitarts.comcockpit arts Estimated Valuation
Pomanda estimates the enterprise value of COCKPIT ARTS at £1.7m based on a Turnover of £2.3m and 0.75x industry multiple (adjusted for size and gross margin).
cockpit arts Estimated Valuation
Pomanda estimates the enterprise value of COCKPIT ARTS at £8.3m based on an EBITDA of £1.5m and a 5.73x industry multiple (adjusted for size and gross margin).
cockpit arts Estimated Valuation
Pomanda estimates the enterprise value of COCKPIT ARTS at £8.5m based on Net Assets of £4.4m and 1.95x industry multiple (adjusted for liquidity).
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Cockpit Arts Overview
Cockpit Arts is a live company located in london, WC1N 2NP with a Companies House number of 02801969. It operates in the cultural education sector, SIC Code 85520. Founded in March 1993, it's largest shareholder is unknown. Cockpit Arts is a mature, small sized company, Pomanda has estimated its turnover at £2.3m with unknown growth in recent years.
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Cockpit Arts Health Check
Pomanda's financial health check has awarded Cockpit Arts a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 1 areas for improvement. Company Health Check FAQs
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5 Strong
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3 Regular
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1 Weak
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Size
annual sales of £2.3m, make it larger than the average company (£380.8k)
£2.3m - Cockpit Arts
£380.8k - Industry AVG
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Growth
There is insufficient data available for this Key Performance Indicator!
- Cockpit Arts
- - Industry AVG
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Production
with a gross margin of 64.8%, this company has a comparable cost of product (64.8%)
64.8% - Cockpit Arts
64.8% - Industry AVG
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Profitability
an operating margin of 61.4% make it more profitable than the average company (2.1%)
61.4% - Cockpit Arts
2.1% - Industry AVG
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Employees
with 9 employees, this is similar to the industry average (9)
9 - Cockpit Arts
9 - Industry AVG
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Pay Structure
on an average salary of £54.8k, the company has a higher pay structure (£24.7k)
£54.8k - Cockpit Arts
£24.7k - Industry AVG
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Efficiency
resulting in sales per employee of £257.7k, this is more efficient (£52.7k)
£257.7k - Cockpit Arts
£52.7k - Industry AVG
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Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Cockpit Arts
- - Industry AVG
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Creditor Days
its suppliers are paid after 25 days, this is close to average (26 days)
25 days - Cockpit Arts
26 days - Industry AVG
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Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Cockpit Arts
- - Industry AVG
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Cash Balance
has cash to cover current liabilities for 214 weeks, this is more cash available to meet short term requirements (119 weeks)
214 weeks - Cockpit Arts
119 weeks - Industry AVG
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Debt Level
it has a ratio of liabilities to total assets of 18.9%, this is a lower level of debt than the average (23%)
18.9% - Cockpit Arts
23% - Industry AVG
COCKPIT ARTS financials
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Cockpit Arts's latest turnover from March 2024 is £2.3 million and the company has net assets of £4.4 million. According to their latest financial statements, Cockpit Arts has 9 employees and maintains cash reserves of £1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 2,319,222 | 2,648,938 | 1,904,444 | 904,686 | 1,019,992 | 960,475 | 1,019,334 | 952,252 | 919,678 | 876,598 | 891,167 | 797,710 | 781,667 | 745,864 | 693,849 |
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | |||||||||||||||
Interest Payable | 0 | 0 | 0 | 0 | 0 | 2,057 | 2,538 | 3,836 | 4,671 | 5,478 | 6,286 | 7,077 | 7,858 | 8,773 | 16,123 |
Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Pre-Tax Profit | 1,065,517 | 1,462,339 | 269,472 | 66,404 | 77,883 | -13,290 | 50,809 | 69,018 | 6,189 | 46,879 | 74,703 | 2,224 | 36,219 | 52,935 | -19,152 |
Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit After Tax | 1,065,517 | 1,462,339 | 269,472 | 66,404 | 77,883 | -13,290 | 50,809 | 69,018 | 6,189 | 46,879 | 74,703 | 2,224 | 36,219 | 52,935 | -19,152 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Profit | 1,065,517 | 1,462,339 | 269,472 | 66,404 | 77,883 | -13,290 | 50,809 | 69,018 | 6,189 | 46,879 | 74,703 | 2,224 | 36,219 | 52,935 | -19,152 |
Employee Costs | 493,170 | 515,331 | 658,368 | 413,405 | 406,403 | 382,916 | 382,222 | 342,919 | 351,521 | 317,957 | 281,348 | 263,882 | 254,035 | 247,721 | 247,929 |
Number Of Employees | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 8 | 9 | 9 | 7 | 7 | 7 | 7 | 7 |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 4,242,034 | 2,456,105 | 1,414,501 | 1,327,295 | 1,358,310 | 1,389,325 | 1,420,340 | 1,452,412 | 1,484,622 | 1,517,999 | 1,548,546 | 1,581,917 | 1,611,660 | 1,639,310 | 1,670,346 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 3,013 | 6,383 | 7,114 | 18,273 | 8,758 | 19,647 | 17,833 | 14,286 | 5,386 | 19,706 | 17,604 |
Total Fixed Assets | 4,242,034 | 2,456,105 | 1,414,501 | 1,327,295 | 1,361,323 | 1,395,708 | 1,427,454 | 1,470,685 | 1,493,380 | 1,537,646 | 1,566,379 | 1,596,203 | 1,617,046 | 1,659,016 | 1,687,950 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 0 | 0 | 0 | 5,977 | 14,423 | 9,355 | 8,187 | 11,362 | 0 | 0 | 0 | 0 | 1,878 | 4,996 | 3,829 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 97,887 | 621,064 | 215,498 | 65,424 | 70,373 | 102,277 | 117,858 | 92,782 | 116,863 | 84,337 | 56,799 | 100,298 | 84,939 | 59,834 | 61,771 |
Cash | 1,043,779 | 1,267,359 | 510,439 | 446,689 | 367,014 | 270,184 | 265,605 | 218,559 | 137,617 | 176,736 | 134,456 | 52,371 | 63,062 | 109,267 | 72,069 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 1,141,666 | 1,888,423 | 725,937 | 518,090 | 451,810 | 381,816 | 391,650 | 322,703 | 254,480 | 261,073 | 191,255 | 152,669 | 149,879 | 174,097 | 137,669 |
total assets | 5,383,700 | 4,344,528 | 2,140,438 | 1,845,385 | 1,813,133 | 1,777,524 | 1,819,104 | 1,793,388 | 1,747,860 | 1,798,719 | 1,757,634 | 1,748,872 | 1,766,925 | 1,833,113 | 1,825,619 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 18,571 | 8,002 | 5,100 | 8,252 | 42,497 | 49,248 | 47,748 | 46,248 | 46,248 | 46,248 | 50,443 | 45,488 | 40,488 | 40,426 | 40,426 |
Trade Creditors | 58,121 | 485,147 | 61,206 | 49,254 | 63,648 | 43,575 | 45,510 | 7,923 | 16,031 | 31,424 | 6,526 | 55,660 | 53,645 | 82,071 | 78,208 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 176,792 | 210,640 | 194,257 | 169,837 | 202,135 | 209,925 | 185,080 | 186,637 | 163,342 | 145,584 | 131,460 | 106,283 | 92,757 | 107,186 | 115,267 |
total current liabilities | 253,484 | 703,789 | 260,563 | 227,343 | 308,280 | 302,748 | 278,338 | 240,808 | 225,621 | 223,256 | 188,429 | 207,431 | 186,890 | 229,683 | 233,901 |
loans | 764,846 | 340,886 | 42,361 | 50,000 | 0 | 44,110 | 95,804 | 147,016 | 195,431 | 243,031 | 285,847 | 337,003 | 387,414 | 432,105 | 475,821 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 3,215 | 6,911 | 7,917 | 19,328 | 9,590 | 21,403 | 19,208 | 14,991 | 5,398 | 20,321 | 17,828 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 764,846 | 340,886 | 42,361 | 50,000 | 3,215 | 51,021 | 103,721 | 166,344 | 205,021 | 264,434 | 305,055 | 351,994 | 392,812 | 452,426 | 493,649 |
total liabilities | 1,018,330 | 1,044,675 | 302,924 | 277,343 | 311,495 | 353,769 | 382,059 | 407,152 | 430,642 | 487,690 | 493,484 | 559,425 | 579,702 | 682,109 | 727,550 |
net assets | 4,365,370 | 3,299,853 | 1,837,514 | 1,568,042 | 1,501,638 | 1,423,755 | 1,437,045 | 1,386,236 | 1,317,218 | 1,311,029 | 1,264,150 | 1,189,447 | 1,187,223 | 1,151,004 | 1,098,069 |
total shareholders funds | 4,365,370 | 3,299,853 | 1,837,514 | 1,568,042 | 1,501,638 | 1,423,755 | 1,437,045 | 1,386,236 | 1,317,218 | 1,311,029 | 1,264,150 | 1,189,447 | 1,187,223 | 1,151,004 | 1,098,069 |
Mar 2024 | Mar 2023 | Mar 2022 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 31,015 | 31,015 | 46,523 | 31,015 | 31,015 | 31,015 | 32,072 | 32,210 | 33,377 | 34,776 | 33,921 | 34,412 | 33,245 | 31,846 | 36,990 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -523,177 | 405,566 | 215,498 | -16,408 | -30,206 | -15,144 | 10,742 | -3,204 | 21,637 | 29,352 | -39,952 | 22,381 | 7,667 | 1,332 | 83,204 |
Creditors | -427,026 | 423,941 | 61,206 | -14,394 | 20,073 | -1,935 | 37,587 | -8,108 | -15,393 | 24,898 | -49,134 | 2,015 | -28,426 | 3,863 | 78,208 |
Accruals and Deferred Income | -33,848 | 16,383 | 194,257 | -32,298 | -7,790 | 24,845 | -1,557 | 23,295 | 17,758 | 14,124 | 25,177 | 13,526 | -14,429 | -8,081 | 115,267 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
Financing Activities | |||||||||||||||
Bank loans | 10,569 | 2,902 | 5,100 | -34,245 | -6,751 | 1,500 | 1,500 | 0 | 0 | -4,195 | 4,955 | 5,000 | 62 | 0 | 40,426 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 423,960 | 298,525 | 42,361 | 50,000 | -44,110 | -51,694 | -51,212 | -48,415 | -47,600 | -42,816 | -51,156 | -50,411 | -44,691 | -43,716 | 475,821 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | -3,215 | -3,696 | -1,006 | -11,411 | 9,738 | -11,813 | 2,195 | 4,217 | 9,593 | -14,923 | 2,493 | 17,828 |
share issue | |||||||||||||||
interest | 0 | 0 | 0 | 0 | 0 | -2,057 | -2,538 | -3,836 | -4,671 | -5,478 | -6,286 | -7,077 | -7,858 | -8,773 | -16,123 |
cash flow from financing | 434,529 | 301,427 | 1,615,503 | 12,540 | -54,557 | -53,257 | -63,661 | -42,513 | -64,084 | -50,294 | -48,270 | -42,895 | -67,410 | -49,996 | 1,635,173 |
cash and cash equivalents | |||||||||||||||
cash | -223,580 | 756,920 | 510,439 | 79,675 | 96,830 | 4,579 | 47,046 | 80,942 | -39,119 | 42,280 | 82,085 | -10,691 | -46,205 | 37,198 | 72,069 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -223,580 | 756,920 | 510,439 | 79,675 | 96,830 | 4,579 | 47,046 | 80,942 | -39,119 | 42,280 | 82,085 | -10,691 | -46,205 | 37,198 | 72,069 |
cockpit arts Credit Report and Business Information
Cockpit Arts Competitor Analysis
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Perform a competitor analysis for cockpit arts by selecting its closest rivals, whether from the EDUCATION sector, other small companies, companies in WC1N area or any other competitors across 12 key performance metrics.
cockpit arts Ownership
COCKPIT ARTS group structure
Cockpit Arts has 1 subsidiary company.
cockpit arts directors
Cockpit Arts currently has 10 directors. The longest serving directors include Mr David Moore (Jun 2014) and Mr Bill Amberg (Jun 2017).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr David Moore | 60 years | Jun 2014 | - | Director | |
Mr Bill Amberg | 63 years | Jun 2017 | - | Director | |
Ms Patricia Godfrey | 64 years | Jul 2019 | - | Director | |
Mrs Nishita Dewan | England | 40 years | Nov 2019 | - | Director |
Mr Mehul Nathwani | 36 years | Nov 2019 | - | Director | |
Ms Davina Von Mallinckrodt | 62 years | Apr 2021 | - | Director | |
Ms Darla-Jane Gilroy | England | 66 years | Aug 2023 | - | Director |
Mr Gavin Murray Watters | 44 years | Jul 2024 | - | Director | |
Mr Ian Smart | England | 62 years | Jul 2024 | - | Director |
Mr Kawshik Bhogaita | 56 years | Dec 2024 | - | Director |
P&L
March 2024turnover
2.3m
-12%
operating profit
1.4m
0%
gross margin
64.9%
+1.76%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
4.4m
+0.32%
total assets
5.4m
+0.24%
cash
1m
-0.18%
net assets
Total assets minus all liabilities
cockpit arts company details
company number
02801969
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85520 - Cultural education
90040 - Operation of arts facilities
85600 - Educational support activities
incorporation date
March 1993
age
32
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
HAYSMACINTYRE LLP
address
cockpit yard, northington street, london, WC1N 2NP
Bank
NATIONAL WESTMINSTER BANK PLC, NATIONAL WESTMINSTER BANK PLC
Legal Advisor
RUSSELL COOKE
cockpit arts 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 4 charges/mortgages relating to cockpit arts. Currently there are 3 open charges and 1 have been satisfied in the past.
cockpit arts 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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cockpit arts Companies House Filings - See Documents
date | description | view/download |
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