photoworks
photoworks Company Information
Company Number
03043169
Next Accounts
Dec 2025
Shareholders
-
Group Structure
View All
Industry
Artistic creation
Registered Address
photoworks 28 kensington street, brighton, east sussex, BN1 4AJ
Website
http://photoworks.org.ukphotoworks Estimated Valuation
Pomanda estimates the enterprise value of PHOTOWORKS at £227.3k based on a Turnover of £567.6k and 0.4x industry multiple (adjusted for size and gross margin).
photoworks Estimated Valuation
Pomanda estimates the enterprise value of PHOTOWORKS at £0 based on an EBITDA of £-94.4k and a 5.66x industry multiple (adjusted for size and gross margin).
photoworks Estimated Valuation
Pomanda estimates the enterprise value of PHOTOWORKS at £361.1k based on Net Assets of £393.4k and 0.92x industry multiple (adjusted for liquidity).
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Photoworks Overview
Photoworks is a live company located in east sussex, BN1 4AJ with a Companies House number of 03043169. It operates in the artistic creation sector, SIC Code 90030. Founded in April 1995, it's largest shareholder is unknown. Photoworks is a mature, small sized company, Pomanda has estimated its turnover at £567.6k with low growth in recent years.
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Photoworks Health Check
Pomanda's financial health check has awarded Photoworks a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
5 Regular
3 Weak
Size
annual sales of £567.6k, make it larger than the average company (£319.5k)
£567.6k - Photoworks
£319.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (8.4%)
3% - Photoworks
8.4% - Industry AVG
Production
with a gross margin of 48.2%, this company has a comparable cost of product (48.2%)
48.2% - Photoworks
48.2% - Industry AVG
Profitability
an operating margin of -16.6% make it less profitable than the average company (2.4%)
-16.6% - Photoworks
2.4% - Industry AVG
Employees
with 7 employees, this is similar to the industry average (6)
7 - Photoworks
6 - Industry AVG
Pay Structure
on an average salary of £28.1k, the company has an equivalent pay structure (£27.3k)
£28.1k - Photoworks
£27.3k - Industry AVG
Efficiency
resulting in sales per employee of £81.1k, this is equally as efficient (£71.9k)
£81.1k - Photoworks
£71.9k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is near the average (15 days)
16 days - Photoworks
15 days - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is quicker than average (20 days)
16 days - Photoworks
20 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Photoworks
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 737 weeks, this is more cash available to meet short term requirements (108 weeks)
737 weeks - Photoworks
108 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 6.6%, this is a lower level of debt than the average (27.9%)
6.6% - Photoworks
27.9% - Industry AVG
PHOTOWORKS financials
Photoworks's latest turnover from March 2024 is £567.6 thousand and the company has net assets of £393.4 thousand. According to their latest financial statements, Photoworks has 7 employees and maintains cash reserves of £391.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 567,595 | 504,599 | 464,272 | 526,881 | 498,932 | 473,362 | 400,817 | 441,778 | 421,486 | 502,881 | 403,843 | 398,458 | 470,193 | 444,377 | 325,536 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | -71,208 | -59,607 | 48,315 | 150,572 | 79,258 | 67,882 | 5,052 | -25,987 | 17,690 | 16,995 | 53,070 | -2,971 | -9,380 | 24,098 | -18,829 |
| Tax | |||||||||||||||
| Profit After Tax | -71,208 | -59,607 | 48,315 | 150,572 | 79,258 | 67,882 | 5,052 | -25,987 | 17,690 | 16,995 | 53,070 | -2,971 | -9,380 | 24,098 | -18,829 |
| Dividends Paid | |||||||||||||||
| Retained Profit | -71,208 | -59,607 | 48,315 | 150,572 | 79,258 | 67,882 | 5,052 | -25,987 | 17,690 | 16,995 | 53,070 | -2,971 | -9,380 | 24,098 | -18,829 |
| Employee Costs | 196,525 | 190,824 | 155,316 | 147,195 | 178,485 | 118,102 | 117,690 | 130,526 | 155,001 | 123,313 | 101,255 | 150,305 | 228,031 | 200,689 | 195,641 |
| Number Of Employees | 7 | 7 | 7 | 6 | 7 | 4 | 4 | 5 | 5 | 5 | 4 | 5 | 7 | 9 | 8 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,664 | 5,329 | 130 | 492 | 1,262 | 2,846 | 2,489 | 926 | 1,388 | 1,017 | 1,800 | 3,310 | 3,527 | ||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 2,664 | 5,329 | 130 | 492 | 1,262 | 2,846 | 2,489 | 926 | 1,388 | 1,017 | 1,800 | 3,310 | 3,527 | ||
| Stock & work in progress | 2,924 | 5,766 | 8,914 | 10,663 | 10,742 | 13,344 | 14,848 | 19,128 | 19,549 | 26,984 | 25,253 | 30,042 | |||
| Trade Debtors | 25,541 | 1,354 | 10,905 | 2,100 | 8,458 | 29,099 | 17,097 | 4,909 | 11,743 | 32,232 | 45,172 | 7,969 | 16,899 | 14,736 | 10,258 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 4,151 | 5,211 | 5,825 | 81,063 | 7,845 | 500 | 100 | 8,815 | 690 | 909 | 1,390 | 4,888 | 5,683 | 9,280 | 9,335 |
| Cash | 391,232 | 491,512 | 525,476 | 416,785 | 326,987 | 277,811 | 207,533 | 185,008 | 223,596 | 204,185 | 192,013 | 107,138 | 109,777 | 85,706 | 57,894 |
| misc current assets | |||||||||||||||
| total current assets | 420,924 | 498,077 | 542,206 | 502,872 | 349,056 | 316,324 | 235,393 | 209,474 | 249,373 | 252,174 | 257,703 | 139,544 | 159,343 | 134,975 | 107,529 |
| total assets | 420,924 | 498,077 | 544,870 | 508,201 | 349,186 | 316,816 | 236,655 | 212,320 | 251,862 | 253,100 | 259,091 | 140,561 | 161,143 | 138,285 | 111,056 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 13,375 | 17,750 | 6,802 | 4,457 | 2,440 | 29,527 | 9,381 | 9,149 | 17,442 | 4,622 | 28,221 | 4,217 | 17,574 | 4,832 | 3,480 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 14,194 | 15,764 | 13,898 | 27,889 | 21,496 | 41,263 | 49,130 | 30,079 | 35,341 | 67,089 | 66,476 | 25,020 | 29,274 | 9,780 | 7,986 |
| total current liabilities | 27,569 | 33,514 | 20,700 | 32,346 | 23,936 | 70,790 | 58,511 | 39,228 | 52,783 | 71,711 | 94,697 | 29,237 | 46,848 | 14,612 | 11,466 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 27,569 | 33,514 | 20,700 | 32,346 | 23,936 | 70,790 | 58,511 | 39,228 | 52,783 | 71,711 | 94,697 | 29,237 | 46,848 | 14,612 | 11,466 |
| net assets | 393,355 | 464,563 | 524,170 | 475,855 | 325,250 | 246,026 | 178,144 | 173,092 | 199,079 | 181,389 | 164,394 | 111,324 | 114,295 | 123,673 | 99,590 |
| total shareholders funds | 393,355 | 464,563 | 524,170 | 475,855 | 325,250 | 246,026 | 178,144 | 173,092 | 199,079 | 181,389 | 164,394 | 111,324 | 114,295 | 123,673 | 99,590 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 2,131 | 2,132 | 2,795 | 362 | 770 | 1,584 | 1,396 | 1,205 | 461 | 437 | 647 | 1,510 | 2,276 | 2,407 | |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -2,924 | -2,842 | -3,148 | -1,749 | -79 | -2,602 | -1,504 | -4,280 | -421 | -7,435 | 1,731 | -4,789 | 30,042 | ||
| Debtors | 23,127 | -10,165 | -66,433 | 66,860 | -13,296 | 12,402 | 3,473 | 1,291 | -20,708 | -13,421 | 33,705 | -9,725 | -1,434 | 4,423 | 19,593 |
| Creditors | -4,375 | 10,948 | 2,345 | 2,017 | -27,087 | 20,146 | 232 | -8,293 | 12,820 | -23,599 | 24,004 | -13,357 | 12,742 | 1,352 | 3,480 |
| Accruals and Deferred Income | -1,570 | 1,866 | -13,991 | 6,393 | -19,767 | -7,867 | 19,051 | -5,262 | -31,748 | 613 | 41,456 | -4,254 | 19,494 | 1,794 | 7,986 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| 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 | |||||||||||||||
| cash flow from financing | 33 | -34 | 2 | -15 | 118,419 | ||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -100,280 | -33,964 | 108,691 | 89,798 | 49,176 | 70,278 | 22,525 | -38,588 | 19,411 | 12,172 | 84,875 | -2,639 | 24,071 | 27,812 | 57,894 |
| overdraft | |||||||||||||||
| change in cash | -100,280 | -33,964 | 108,691 | 89,798 | 49,176 | 70,278 | 22,525 | -38,588 | 19,411 | 12,172 | 84,875 | -2,639 | 24,071 | 27,812 | 57,894 |
photoworks Credit Report and Business Information
Photoworks Competitor Analysis
Perform a competitor analysis for photoworks by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in BN1 area or any other competitors across 12 key performance metrics.
photoworks Ownership
PHOTOWORKS group structure
Photoworks has no subsidiary companies.
Ultimate parent company
PHOTOWORKS
03043169
photoworks directors
Photoworks currently has 8 directors. The longest serving directors include Mr Richard Burton (Dec 2016) and Mr Andrew Simpkin (Jan 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Burton | England | 64 years | Dec 2016 | - | Director |
| Mr Andrew Simpkin | England | 51 years | Jan 2019 | - | Director |
| Ms Melissa McVeigh | United Kingdom | 52 years | Jul 2021 | - | Director |
| Ms Natasha Caruana | England | 41 years | May 2022 | - | Director |
| Mrs Sinead Esler Patel | England | 36 years | Aug 2022 | - | Director |
| Mr Michael Holland | England | 45 years | Dec 2023 | - | Director |
| Mrs Louise Fedotov-Clements | England | 49 years | Sep 2024 | - | Director |
| Ms Helen St Cyr | England | 58 years | Sep 2024 | - | Director |
P&L
March 2024turnover
567.6k
+12%
operating profit
-94.4k
0%
gross margin
48.3%
-9.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
393.4k
-0.15%
total assets
420.9k
-0.15%
cash
391.2k
-0.2%
net assets
Total assets minus all liabilities
Similar Companies
photoworks company details
company number
03043169
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
90030 - Artistic creation
incorporation date
April 1995
age
30
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
cross channel photographic mission (July 1996)
accountant
S.R.A. HOLMES
auditor
-
address
photoworks 28 kensington street, brighton, east sussex, BN1 4AJ
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
photoworks 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 photoworks. Currently there are 1 open charges and 0 have been satisfied in the past.
photoworks 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 PHOTOWORKS. This can take several minutes, an email will notify you when this has completed.
photoworks Companies House Filings - See Documents
| date | description | view/download |
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