Pomanda estimates the enterprise value of WALES MILLENNIUM CENTRE at £21.4m based on a Turnover of £23.1m and 0.93x industry multiple (adjusted for size and gross margin).
wales millennium centreEstimated Valuation
£2.6m
Pomanda estimates the enterprise value of WALES MILLENNIUM CENTRE at £2.6m based on an EBITDA of £265.6k and a 9.84x industry multiple (adjusted for size and gross margin).
wales millennium centreEstimated Valuation
£40.8m
Pomanda estimates the enterprise value of WALES MILLENNIUM CENTRE at £40.8m based on Net Assets of £43.6m and 0.94x industry multiple (adjusted for liquidity).
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Wales Millennium CentreOverview
Wales Millennium Centre is a live company located in cardiff, CF10 5AL with a Companies House number of 03221924. It operates in the operation of arts facilities sector, SIC Code 90040. Founded in July 1996, it's largest shareholder is
unknown.
Wales Millennium Centre is a mature,
large sized company, Pomanda has estimated its turnover at
£23.1m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Wales Millennium Centre a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
5 Strong
3 Regular
4 Weak
Size
annual sales of £23.1m, make it larger than the average company (£544.7k)
£23.1m - Wales Millennium Centre
£544.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (7.1%)
31% - Wales Millennium Centre
7.1% - Industry AVG
Production
with a gross margin of 56.9%, this company has a comparable cost of product (56.9%)
56.9% - Wales Millennium Centre
56.9% - Industry AVG
Profitability
an operating margin of -8.5% make it less profitable than the average company (1.1%)
-8.5% - Wales Millennium Centre
1.1% - Industry AVG
Employees
with 292 employees, this is above the industry average (13)
292 - Wales Millennium Centre
13 - Industry AVG
Pay Structure
on an average salary of £19k, the company has an equivalent pay structure (£20.8k)
£19k - Wales Millennium Centre
£20.8k - Industry AVG
Efficiency
resulting in sales per employee of £79.2k, this is more efficient (£53.2k)
£79.2k - Wales Millennium Centre
£53.2k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is later than average (9 days)
11 days - Wales Millennium Centre
9 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (40 days)
13 days - Wales Millennium Centre
40 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (11 days)
2 days - Wales Millennium Centre
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 52 weeks, this is less cash available to meet short term requirements (95 weeks)
52 weeks - Wales Millennium Centre
95 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 20.4%, this is a similar level of debt than the average (21.3%)
20.4% - Wales Millennium Centre
21.3% - Industry AVG
WALES MILLENNIUM CENTRE financials
EXPORT
Wales Millennium Centre's latest turnover from March 2024 is £23.1 million and the company has net assets of £43.6 million. According to their latest financial statements, Wales Millennium Centre has 292 employees and maintains cash reserves of £11.3 million 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
23,131,000
26,536,000
15,656,000
10,180,000
22,426,000
22,822,000
19,954,000
24,667,000
18,146,000
28,090,000
19,461,000
22,054,000
18,657,000
19,835,000
23,648,000
Other Income Or Grants
Cost Of Sales
9,972,612
9,762,188
5,656,448
3,805,437
8,076,671
8,495,551
7,485,133
10,197,332
7,062,769
10,009,624
7,497,464
9,751,502
7,782,814
9,337,910
10,263,252
Gross Profit
13,158,388
16,773,812
9,999,552
6,374,563
14,349,329
14,326,449
12,468,867
14,469,668
11,083,231
18,080,376
11,963,536
12,302,498
10,874,186
10,497,090
13,384,748
Admin Expenses
15,126,835
18,126,623
12,452,023
5,113,437
15,821,453
15,527,573
15,312,414
20,666,353
17,120,836
19,212,896
14,962,086
15,089,020
13,316,248
13,559,167
16,521,915
Operating Profit
-1,968,447
-1,352,811
-2,452,471
1,261,126
-1,472,124
-1,201,124
-2,843,547
-6,196,685
-6,037,605
-1,132,520
-2,998,550
-2,786,522
-2,442,062
-3,062,077
-3,137,167
Interest Payable
Interest Receivable
Pre-Tax Profit
-1,433,000
-828,000
-2,342,000
1,032,000
-1,461,000
-1,129,000
-2,803,000
-6,174,000
-5,979,000
-1,060,000
-2,934,000
-2,738,000
-2,395,000
-3,016,000
-3,113,000
Tax
Profit After Tax
-1,433,000
-828,000
-2,342,000
1,032,000
-1,461,000
-1,129,000
-2,803,000
-6,174,000
-5,979,000
-1,060,000
-2,934,000
-2,738,000
-2,395,000
-3,016,000
-3,113,000
Dividends Paid
Retained Profit
-1,433,000
-828,000
-2,342,000
1,032,000
-1,461,000
-1,129,000
-2,803,000
-6,174,000
-5,979,000
-1,060,000
-2,934,000
-2,738,000
-2,395,000
-3,016,000
-3,113,000
Employee Costs
5,548,000
5,398,000
4,100,000
3,771,000
5,289,000
6,173,000
5,633,000
5,850,000
5,460,000
5,549,000
5,255,000
5,517,000
5,379,000
4,962,000
5,458,000
Number Of Employees
292
252
207
158
334
329
324
260
319
328
204
227
215
211
196
EBITDA*
265,553
993,189
-165,471
3,485,126
806,876
1,122,876
1,168,453
-1,829,685
-1,923,605
3,241,480
1,430,450
1,752,478
2,557,938
1,087,923
2,272,833
* 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
40,483,000
41,541,000
40,312,000
41,612,000
43,657,000
44,758,000
46,497,000
50,083,000
53,905,000
57,795,000
62,009,000
66,375,000
70,758,000
75,602,000
79,494,000
Intangible Assets
58,000
116,000
173,000
231,000
143,000
Investments & Other
745,000
672,000
699,000
666,000
534,000
542,000
540,000
500,000
500,000
500,000
35,756,000
34,710,000
33,801,000
32,919,000
Debtors (Due After 1 year)
100,000
300,000
500,000
Total Fixed Assets
41,228,000
42,213,000
41,069,000
42,394,000
44,364,000
45,531,000
47,180,000
50,583,000
54,405,000
58,295,000
62,009,000
102,231,000
105,768,000
109,903,000
112,413,000
Stock & work in progress
55,000
62,000
53,000
41,000
82,000
65,000
59,000
61,000
39,000
40,000
35,000
32,000
59,000
47,000
27,000
Trade Debtors
742,000
880,000
927,000
536,000
915,000
681,000
529,000
625,000
1,257,000
506,000
488,000
667,000
401,000
329,000
428,000
Group Debtors
Misc Debtors
1,433,000
1,235,000
653,000
597,000
731,000
1,972,000
1,207,000
1,304,000
525,000
365,000
605,000
337,000
390,000
442,000
1,073,000
Cash
11,256,000
9,142,000
15,555,000
13,904,000
11,992,000
10,256,000
8,977,000
7,242,000
10,906,000
12,536,000
16,472,000
9,348,000
10,061,000
8,764,000
9,667,000
misc current assets
36,699,000
total current assets
13,486,000
11,319,000
17,188,000
15,078,000
13,720,000
12,974,000
10,772,000
9,232,000
12,727,000
13,447,000
54,299,000
10,384,000
10,911,000
9,582,000
11,195,000
total assets
54,714,000
53,532,000
58,257,000
57,472,000
58,084,000
58,505,000
57,952,000
59,815,000
67,132,000
71,742,000
116,308,000
112,615,000
116,679,000
119,485,000
123,608,000
Bank overdraft
Bank loan
Trade Creditors
374,000
172,000
290,000
237,000
353,000
1,053,000
750,000
610,000
1,932,000
162,000
192,000
741,000
412,000
388,000
579,000
Group/Directors Accounts
other short term finances
hp & lease commitments
37,660,000
other current liabilities
10,766,000
8,353,000
12,132,000
9,058,000
10,586,000
8,846,000
7,481,000
6,667,000
6,488,000
6,889,000
12,705,000
5,529,000
7,184,000
5,894,000
7,266,000
total current liabilities
11,140,000
8,525,000
12,422,000
9,295,000
10,939,000
9,899,000
8,217,000
7,277,000
8,420,000
7,051,000
50,557,000
6,270,000
7,596,000
6,282,000
7,845,000
loans
hp & lease commitments
37,660,000
37,660,000
38,689,000
38,689,000
Accruals and Deferred Income
other liabilities
provisions
696,000
240,000
total long term liabilities
37,660,000
37,660,000
39,385,000
38,929,000
total liabilities
11,140,000
8,525,000
12,422,000
9,295,000
10,939,000
9,899,000
8,217,000
7,277,000
8,420,000
7,051,000
50,557,000
43,930,000
45,256,000
45,667,000
46,774,000
net assets
43,574,000
45,007,000
45,835,000
48,177,000
47,145,000
48,606,000
49,735,000
52,538,000
58,712,000
64,691,000
65,751,000
68,685,000
71,423,000
73,818,000
76,834,000
total shareholders funds
43,574,000
45,007,000
45,835,000
48,177,000
47,145,000
48,606,000
49,735,000
52,538,000
58,712,000
64,691,000
65,751,000
68,685,000
71,423,000
73,818,000
76,834,000
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
-1,968,447
-1,352,811
-2,452,471
1,261,126
-1,472,124
-1,201,124
-2,843,547
-6,196,685
-6,037,605
-1,132,520
-2,998,550
-2,786,522
-2,442,062
-3,062,077
-3,137,167
Depreciation
2,234,000
2,288,000
2,229,000
2,167,000
2,221,000
2,266,000
4,012,000
4,367,000
4,114,000
4,374,000
4,429,000
4,539,000
5,000,000
4,150,000
5,410,000
Amortisation
58,000
58,000
57,000
58,000
58,000
Tax
Stock
-7,000
9,000
12,000
-41,000
17,000
6,000
-2,000
22,000
-1,000
5,000
3,000
-27,000
12,000
20,000
27,000
Debtors
60,000
535,000
447,000
-513,000
-1,007,000
917,000
-193,000
147,000
911,000
-222,000
-11,000
13,000
-180,000
-230,000
1,501,000
Creditors
202,000
-118,000
53,000
-116,000
-700,000
303,000
140,000
-1,322,000
1,770,000
-30,000
-549,000
329,000
24,000
-191,000
579,000
Accruals and Deferred Income
2,413,000
-3,779,000
3,074,000
-1,528,000
1,740,000
1,365,000
814,000
179,000
-401,000
-5,816,000
7,176,000
-1,655,000
1,290,000
-1,372,000
7,266,000
Deferred Taxes & Provisions
-696,000
456,000
240,000
Cash flow from operations
2,827,553
-3,447,811
2,502,529
2,395,126
2,836,876
1,867,876
2,317,453
-3,141,685
-1,464,605
-2,387,520
8,065,450
440,478
3,343,938
190,923
8,829,833
Investing Activities
capital expenditure
-1,243,000
-3,634,000
500,000
23,000
-63,000
-273,000
-156,000
-258,000
-787,000
Change in Investments
73,000
-27,000
33,000
132,000
-8,000
2,000
40,000
500,000
-35,756,000
1,046,000
909,000
882,000
32,919,000
cash flow from investments
-1,316,000
-3,607,000
-33,000
-132,000
8,000
-2,000
460,000
23,000
-500,000
35,693,000
-1,319,000
-1,065,000
-1,140,000
-33,706,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
-37,660,000
-1,029,000
38,689,000
other long term liabilities
share issue
79,947,000
interest
cash flow from financing
-37,660,000
-1,029,000
118,636,000
cash and cash equivalents
cash
2,114,000
-6,413,000
1,651,000
1,912,000
1,736,000
1,279,000
1,735,000
-3,664,000
-1,630,000
-3,936,000
7,124,000
-713,000
1,297,000
-903,000
9,667,000
overdraft
change in cash
2,114,000
-6,413,000
1,651,000
1,912,000
1,736,000
1,279,000
1,735,000
-3,664,000
-1,630,000
-3,936,000
7,124,000
-713,000
1,297,000
-903,000
9,667,000
wales millennium centre Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for wales millennium centre. Get real-time insights into wales millennium centre's credit score, group structure and payment trends.
Perform a competitor analysis for wales millennium centre by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other large companies, companies in CF10 area or any other competitors across 12 key performance metrics.
wales millennium centre Ownership
WALES MILLENNIUM CENTRE group structure
Wales Millennium Centre has 2 subsidiary companies.
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
90040 - Operation of arts facilities
incorporation date
July 1996
age
29
incorporated
UK
ultimate parent company
None
accounts
Group
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
BPU LIMITED
address
bute place, cardiff bay, cardiff, CF10 5AL
Bank
LLOYDS TSB BANK PLC
Legal Advisor
GELDARDS LLP
wales millennium centre 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 19 charges/mortgages relating to wales millennium centre. Currently there are 16 open charges and 3 have been satisfied in the past.
wales millennium centre 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 WALES MILLENNIUM CENTRE. This can take several minutes, an email will notify you when this has completed.
wales millennium centreCompanies House Filings - See Documents
