hay festival foundation limited
hay festival foundation limited Company Information
Company Number
03490480
Website
www.hayfestival.comRegistered Address
festival office 25 lion street, hay on wye, HR3 5AD
Industry
Support activities to performing arts
Telephone
01497822620
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
-0%
hay festival foundation limited Estimated Valuation
Pomanda estimates the enterprise value of HAY FESTIVAL FOUNDATION LIMITED at £2.4m based on a Turnover of £5.4m and 0.44x industry multiple (adjusted for size and gross margin).
hay festival foundation limited Estimated Valuation
Pomanda estimates the enterprise value of HAY FESTIVAL FOUNDATION LIMITED at £1.6m based on an EBITDA of £371.3k and a 4.34x industry multiple (adjusted for size and gross margin).
hay festival foundation limited Estimated Valuation
Pomanda estimates the enterprise value of HAY FESTIVAL FOUNDATION LIMITED at £508.4k based on Net Assets of £773.8k and 0.66x industry multiple (adjusted for liquidity).
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Hay Festival Foundation Limited Overview
Hay Festival Foundation Limited is a live company located in hay on wye, HR3 5AD with a Companies House number of 03490480. It operates in the support activities to performing arts sector, SIC Code 90020. Founded in January 1998, it's largest shareholder is unknown. Hay Festival Foundation Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.4m with rapid growth in recent years.
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Hay Festival Foundation Limited Health Check
Pomanda's financial health check has awarded Hay Festival Foundation Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
3 Weak
Size
annual sales of £5.4m, make it larger than the average company (£280.5k)
£5.4m - Hay Festival Foundation Limited
£280.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 133%, show it is growing at a faster rate (9.6%)
133% - Hay Festival Foundation Limited
9.6% - Industry AVG
Production
with a gross margin of 28.5%, this company has a comparable cost of product (28.5%)
28.5% - Hay Festival Foundation Limited
28.5% - Industry AVG
Profitability
an operating margin of 6.7% make it more profitable than the average company (4.5%)
6.7% - Hay Festival Foundation Limited
4.5% - Industry AVG
Employees
with 27 employees, this is above the industry average (5)
27 - Hay Festival Foundation Limited
5 - Industry AVG
Pay Structure
on an average salary of £47.9k, the company has a higher pay structure (£31.1k)
£47.9k - Hay Festival Foundation Limited
£31.1k - Industry AVG
Efficiency
resulting in sales per employee of £199.6k, this is more efficient (£81.4k)
£199.6k - Hay Festival Foundation Limited
£81.4k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (15 days)
0 days - Hay Festival Foundation Limited
15 days - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (30 days)
12 days - Hay Festival Foundation Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (15 days)
1 days - Hay Festival Foundation Limited
15 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 118 weeks, this is average cash available to meet short term requirements (101 weeks)
118 weeks - Hay Festival Foundation Limited
101 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 37.5%, this is a higher level of debt than the average (31.3%)
37.5% - Hay Festival Foundation Limited
31.3% - Industry AVG
HAY FESTIVAL FOUNDATION LIMITED financials
Hay Festival Foundation Limited's latest turnover from December 2023 is £5.4 million and the company has net assets of £773.8 thousand. According to their latest financial statements, Hay Festival Foundation Limited has 27 employees and maintains cash reserves of £979.7 thousand 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 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 5,389,786 | 4,687,630 | 166,884 | 427,485 | 274,033 | 280,648 | 233,273 | 155,630 | 190,783 | 127,405 | 143,581 | 297,928 | 145,731 | 148,566 | 151,580 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 298,336 | 56,767 | 121,031 | 242,076 | 40,260 | 14,478 | -14,768 | -67,562 | 61,276 | -11,452 | 27,468 | 1,706 | -15,444 | -20,699 | 33,748 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 298,336 | 56,767 | 121,031 | 242,076 | 40,260 | 14,478 | -14,768 | -67,562 | 61,276 | -11,452 | 27,468 | 1,706 | -15,444 | -20,699 | 33,748 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 298,336 | 56,767 | 121,031 | 242,076 | 40,260 | 14,478 | -14,768 | -67,562 | 61,276 | -11,452 | 27,468 | 1,706 | -15,444 | -20,699 | 33,748 |
| Employee Costs | 1,293,068 | 941,179 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | 27 | 21 | 6 | ||||||||||||
| 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 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 13,880 | 13,290 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 13,880 | 13,290 | 0 | 0 | 0 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Stock & work in progress | 13,779 | 24,863 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 9,665 | 55,755 | 2,334 | 6,949 | 7,434 | 333 | 0 | 1,778 | 834 | 3,777 | 19,430 | 4,233 | 4,306 | 19,195 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 220,815 | 108,638 | 6,629 | 212,818 | 304,609 | 14,709 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 979,661 | 720,006 | 457,930 | 394,105 | 61,973 | 10,971 | 2,228 | 13,801 | 82,307 | 18,088 | 13,887 | 1,616 | 317 | 392 | 40,286 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,223,920 | 909,262 | 466,893 | 613,872 | 374,016 | 26,013 | 2,228 | 15,579 | 83,141 | 21,865 | 33,317 | 5,849 | 4,623 | 19,587 | 40,286 |
| total assets | 1,237,800 | 922,552 | 466,893 | 613,872 | 374,016 | 26,015 | 2,230 | 15,581 | 83,143 | 21,867 | 33,319 | 5,851 | 4,625 | 19,589 | 40,288 |
| Bank overdraft | 20,000 | 20,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 129,225 | 67,033 | 0 | 0 | 1,622 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 480 | 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 | 278,954 | 304,041 | 48,235 | 316,245 | 316,843 | 10,724 | 1,417 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 428,179 | 391,074 | 48,235 | 316,245 | 318,465 | 10,724 | 1,417 | 0 | 0 | 0 | 0 | 0 | 480 | 0 | 0 |
| loans | 35,860 | 56,053 | 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 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 35,860 | 56,053 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 464,039 | 447,127 | 48,235 | 316,245 | 318,465 | 10,724 | 1,417 | 0 | 0 | 0 | 0 | 0 | 480 | 0 | 0 |
| net assets | 773,761 | 475,425 | 418,658 | 297,627 | 55,551 | 15,291 | 813 | 15,581 | 83,143 | 21,867 | 33,319 | 5,851 | 4,145 | 19,589 | 40,288 |
| total shareholders funds | 773,761 | 475,425 | 418,658 | 297,627 | 55,551 | 15,291 | 813 | 15,581 | 83,143 | 21,867 | 33,319 | 5,851 | 4,145 | 19,589 | 40,288 |
| 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 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 8,714 | 3,873 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | -11,084 | 24,863 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 66,087 | 155,430 | -210,804 | -92,276 | 297,001 | 15,042 | -1,778 | 944 | -2,943 | -15,653 | 15,197 | -73 | -14,889 | 19,195 | 0 |
| Creditors | 62,192 | 67,033 | 0 | -1,622 | 1,622 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -25,087 | 255,806 | -268,010 | -598 | 306,119 | 9,307 | 1,417 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | ||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | -2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 |
| cash flow from investments | 0 | 0 | 0 | ||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -480 | 480 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -20,193 | 56,053 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | -20,193 | 56,053 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -480 | 480 | 0 | 6,540 |
| cash and cash equivalents | |||||||||||||||
| cash | 259,655 | 262,076 | 63,825 | 332,132 | 51,002 | 8,743 | -11,573 | -68,506 | 64,219 | 4,201 | 12,271 | 1,299 | -75 | -39,894 | 40,286 |
| overdraft | 0 | 20,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 259,655 | 242,076 | 63,825 | 332,132 | 51,002 | 8,743 | -11,573 | -68,506 | 64,219 | 4,201 | 12,271 | 1,299 | -75 | -39,894 | 40,286 |
hay festival foundation limited Credit Report and Business Information
Hay Festival Foundation Limited Competitor Analysis
Perform a competitor analysis for hay festival foundation limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other mid companies, companies in HR3 area or any other competitors across 12 key performance metrics.
hay festival foundation limited Ownership
HAY FESTIVAL FOUNDATION LIMITED group structure
Hay Festival Foundation Limited has no subsidiary companies.
Ultimate parent company
HAY FESTIVAL FOUNDATION LIMITED
03490480
hay festival foundation limited directors
Hay Festival Foundation Limited currently has 12 directors. The longest serving directors include Ms Rosel Boycott (Oct 2001) and Ms Caroline Michel (May 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Rosel Boycott | England | 73 years | Oct 2001 | - | Director |
| Ms Caroline Michel | 65 years | May 2009 | - | Director | |
| Mr John Davies | 70 years | Feb 2022 | - | Director | |
| Mr Philippe Sands | 64 years | Feb 2022 | - | Director | |
| Ms Victoria Bejarano De La Torre | 62 years | Nov 2023 | - | Director | |
| Miss Shakia Stewart | 37 years | Feb 2024 | - | Director | |
| Ms Corisande Albert | 57 years | Feb 2024 | - | Director | |
| Mr Nicholas Butler | United Kingdom | 69 years | Feb 2024 | - | Director |
| Mr David Olusoga | England | 54 years | Feb 2024 | - | Director |
| Miss Suhair Khan | 41 years | Feb 2024 | - | Director |
P&L
December 2023turnover
5.4m
+15%
operating profit
362.5k
0%
gross margin
28.5%
-19.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
773.8k
+0.63%
total assets
1.2m
+0.34%
cash
979.7k
+0.36%
net assets
Total assets minus all liabilities
hay festival foundation limited company details
company number
03490480
Type
Private Ltd By Guarantee w/o Share Cap
industry
90020 - Support activities to performing arts
incorporation date
January 1998
age
26
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
festivals of literature charitable trust limited (June 2016)
the london festival of literature charitable trust limited (October 2003)
accountant
-
auditor
MHA
address
festival office 25 lion street, hay on wye, HR3 5AD
Bank
-
Legal Advisor
-
hay festival foundation 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 did not find charges/mortgages relating to hay festival foundation limited.
hay festival foundation limited Companies House Filings - See Documents
| date | description | view/download |
|---|
