event horizon pyrotechnics limited

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event horizon pyrotechnics limited Company Information

Share EVENT HORIZON PYROTECHNICS LIMITED

Company Number

03576125

Shareholders

c.p.e. adcock

charles adcock

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Group Structure

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Industry

Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

 

Registered Address

bishopbrook house, cathedral avenue, wells, BA5 1FD

event horizon pyrotechnics limited Estimated Valuation

£2.6m

Pomanda estimates the enterprise value of EVENT HORIZON PYROTECHNICS LIMITED at £2.6m based on a Turnover of £3.9m and 0.67x industry multiple (adjusted for size and gross margin).

event horizon pyrotechnics limited Estimated Valuation

£9.4m

Pomanda estimates the enterprise value of EVENT HORIZON PYROTECHNICS LIMITED at £9.4m based on an EBITDA of £1.9m and a 4.85x industry multiple (adjusted for size and gross margin).

event horizon pyrotechnics limited Estimated Valuation

£16.4m

Pomanda estimates the enterprise value of EVENT HORIZON PYROTECHNICS LIMITED at £16.4m based on Net Assets of £7.2m and 2.3x industry multiple (adjusted for liquidity).

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Event Horizon Pyrotechnics Limited Overview

Event Horizon Pyrotechnics Limited is a live company located in wells, BA5 1FD with a Companies House number of 03576125. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in June 1998, it's largest shareholder is c.p.e. adcock with a 40.5% stake. Event Horizon Pyrotechnics Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.9m with rapid growth in recent years.

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Event Horizon Pyrotechnics Limited Health Check

Pomanda's financial health check has awarded Event Horizon Pyrotechnics Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 1 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

8 Strong

positive_score

3 Regular

positive_score

1 Weak

size

Size

annual sales of £3.9m, make it larger than the average company (£2m)

£3.9m - Event Horizon Pyrotechnics Limited

£2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 41%, show it is growing at a faster rate (10.1%)

41% - Event Horizon Pyrotechnics Limited

10.1% - Industry AVG

production

Production

with a gross margin of 47.2%, this company has a comparable cost of product (47.2%)

47.2% - Event Horizon Pyrotechnics Limited

47.2% - Industry AVG

profitability

Profitability

an operating margin of 42.5% make it more profitable than the average company (5.4%)

42.5% - Event Horizon Pyrotechnics Limited

5.4% - Industry AVG

employees

Employees

with 31 employees, this is above the industry average (18)

31 - Event Horizon Pyrotechnics Limited

18 - Industry AVG

paystructure

Pay Structure

on an average salary of £51.6k, the company has an equivalent pay structure (£51.6k)

£51.6k - Event Horizon Pyrotechnics Limited

£51.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £126.6k, this is equally as efficient (£118.5k)

£126.6k - Event Horizon Pyrotechnics Limited

£118.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 74 days, this is later than average (54 days)

74 days - Event Horizon Pyrotechnics Limited

54 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 52 days, this is slower than average (32 days)

52 days - Event Horizon Pyrotechnics Limited

32 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 1 days, this is less than average (31 days)

1 days - Event Horizon Pyrotechnics Limited

31 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 204 weeks, this is more cash available to meet short term requirements (26 weeks)

204 weeks - Event Horizon Pyrotechnics Limited

26 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 14.9%, this is a lower level of debt than the average (52.7%)

14.9% - Event Horizon Pyrotechnics Limited

52.7% - Industry AVG

EVENT HORIZON PYROTECHNICS LIMITED financials

EXPORTms excel logo

Event Horizon Pyrotechnics Limited's latest turnover from June 2024 is estimated at £3.9 million and the company has net assets of £7.2 million. According to their latest financial statements, Event Horizon Pyrotechnics Limited has 31 employees and maintains cash reserves of £3 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover3,924,7427,042,4831,955,9241,407,9481,243,3572,845,7931,645,3852,077,3163,664,3983,584,4083,146,5632,474,0892,491,6171,786,5021,635,773
Other Income Or Grants
Cost Of Sales2,071,9403,903,7751,110,189784,880685,4951,515,973384,977514,8351,793,5171,772,5891,593,3841,229,9761,223,764897,155784,758
Gross Profit1,852,8023,138,707845,735623,068557,8621,329,8201,260,4081,562,4811,870,8811,811,8191,553,1791,244,1141,267,853889,347851,015
Admin Expenses183,5491,156,424-263,739531,663-371,986668,612681,989730,0961,723,2591,663,4651,328,2161,137,2871,205,574844,083405,073
Operating Profit1,669,2531,982,2831,109,47491,405929,848661,208578,419832,385147,622148,354224,963106,82762,27945,264445,942
Interest Payable
Interest Receivable134,643111,56422,2461,2401,0895,0489201,4691,011412244263140
Pre-Tax Profit1,803,8962,093,8471,131,72092,644930,937666,256578,419832,385148,543149,823225,973107,23962,52445,527446,082
Tax-450,974-523,462-215,027-17,602-176,878-126,589-98,999-102,313-29,708-29,964-47,454-24,665-15,006-11,837-124,903
Profit After Tax1,352,9221,570,385916,69375,042754,059539,667479,420730,072118,834119,858178,51982,57447,51833,690321,179
Dividends Paid
Retained Profit1,352,9221,570,385916,69375,042754,059539,667479,420730,072118,834119,858178,51982,57447,51833,690321,179
Employee Costs1,599,4651,145,102893,613810,354701,102675,351616,788853,2901,419,5981,387,9641,233,129945,134916,955656,421647,932
Number Of Employees312319181615142033322923231717
EBITDA*1,931,7952,172,6451,236,117203,6231,027,092726,478652,174832,385186,649181,677248,337134,74882,65462,205467,358

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets3,426,8322,547,2492,157,9351,893,6331,555,7811,100,210578,796459,126395,684157,769120,969137,59498,81984,46994,594
Intangible Assets10,39410,39410,39410,39410,39410,39410,39410,39410,39410,39410,39410,39410,394
Investments & Other
Debtors (Due After 1 year)82,35970,700526,276
Total Fixed Assets3,509,1912,617,9492,168,3291,904,0271,566,1751,110,604589,190995,796406,078168,163131,363147,988109,21394,863104,988
Stock & work in progress10,00010,00010,0008,8707,5203,3602,4002,2501,7503,4002,0503,1003,4503,7002,650
Trade Debtors801,2392,036,095356,426255,859189,332728,063256,235230,328709,231672,565583,608448,534441,207332,793300,964
Group Debtors
Misc Debtors1,040,302494,431381,667343,936573,214432,921821,503
Cash3,048,3942,080,8722,381,6721,177,6991,302,026875,095470,921849,01568,567299,565287,928116,28848,56949,14856,044
misc current assets
total current assets4,899,9354,621,3983,129,7651,786,3642,072,0922,039,4391,551,0591,081,593779,548975,530873,586567,922493,226385,641359,658
total assets8,409,1267,239,3475,298,0943,690,3913,638,2673,150,0432,140,2492,077,3891,185,6261,143,6931,004,949715,910602,439480,504464,646
Bank overdraft
Bank loan
Trade Creditors 297,922267,721261,38961,43990,054194,17761,32415,768280,421358,322339,436228,916198,019123,602141,434
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities476,571877,705602,277159,870201,171411,037132,050451,246
total current liabilities774,4931,145,426863,666221,309291,225605,214193,374467,014280,421358,322339,436228,916198,019123,602141,434
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities2,28011,18518,54727,775
provisions481,023293,233201,845144,28789,92731,5451,0331,0331,0331,0331,0331,0331,0331,0331,033
total long term liabilities481,023293,233204,125155,472108,47459,3201,0331,0331,0331,0331,0331,0331,0331,0331,033
total liabilities1,255,5161,438,6591,067,791376,781399,699664,534194,407468,047281,454359,355340,469229,949199,052124,635142,467
net assets7,153,6105,800,6884,230,3033,313,6103,238,5682,485,5091,945,8421,609,342904,172784,338664,480485,961403,387355,869322,179
total shareholders funds7,153,6105,800,6884,230,3033,313,6103,238,5682,485,5091,945,8421,609,342904,172784,338664,480485,961403,387355,869322,179
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit1,669,2531,982,2831,109,47491,405929,848661,208578,419832,385147,622148,354224,963106,82762,27945,264445,942
Depreciation262,542190,362126,643112,21897,24465,27073,75539,02733,32323,37427,92120,37516,94121,416
Amortisation
Tax-450,974-523,462-215,027-17,602-176,878-126,589-98,999-102,313-29,708-29,964-47,454-24,665-15,006-11,837-124,903
Stock1,1301,3504,160960150500-1,6501,350-1,050-350-2501,0502,650
Debtors-677,3261,863,133138,298-162,751-398,43883,246321,13447,37336,66688,957135,0747,327108,41431,829300,964
Creditors30,2016,332199,950-28,615-104,123132,85345,556-264,653-77,90118,886110,52030,89774,417-17,832141,434
Accruals and Deferred Income-401,134275,428442,407-41,301-209,866278,987-319,196451,246
Deferred Taxes & Provisions187,79091,38857,55854,36058,38230,5121,033
Cash flow from operations1,975,004159,1981,581,577331,866988,885958,035-41,749868,79244,02480,292177,379134,00333,901-343181,308
Investing Activities
capital expenditure-1,142,125-569,282-390,945-450,070-552,815-586,684-193,425-63,442-276,942-70,123-6,749-66,696-34,725-6,816-126,404
Change in Investments
cash flow from investments-1,142,125-569,282-390,945-450,070-552,815-586,684-193,425-63,442-276,942-70,123-6,749-66,696-34,725-6,816-126,404
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-2,280-8,905-7,362-9,22827,775
share issue-1,000-142,920-24,9021,0001,000
interest134,643111,56422,2461,2401,0895,0489201,4691,011412244263140
cash flow from financing134,643109,28413,341-6,122-9,13932,823-142,920-24,9021,9201,4691,0114122442631,140
cash and cash equivalents
cash967,522-300,8001,203,973-124,327426,931404,174-378,094780,448-230,99811,637171,64067,719-579-6,89656,044
overdraft
change in cash967,522-300,8001,203,973-124,327426,931404,174-378,094780,448-230,99811,637171,64067,719-579-6,89656,044

event horizon pyrotechnics limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Event Horizon Pyrotechnics Limited Competitor Analysis

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Perform a competitor analysis for event horizon pyrotechnics limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in BA5 area or any other competitors across 12 key performance metrics.

event horizon pyrotechnics limited Ownership

EVENT HORIZON PYROTECHNICS LIMITED group structure

Event Horizon Pyrotechnics Limited has no subsidiary companies.

Ultimate parent company

EVENT HORIZON PYROTECHNICS LIMITED

03576125

EVENT HORIZON PYROTECHNICS LIMITED Shareholders

c.p.e. adcock 40.54%
charles adcock 21.62%
ambrose buchanon 5.41%
trystan emery 5.41%
ambrose sidney buchanan 5.41%
thomas goodman 5.41%
christopher hughes 5.41%
nicholas skinner 5.41%
james sheppard 2.7%
thomas richard goodman 2.7%

event horizon pyrotechnics limited directors

Event Horizon Pyrotechnics Limited currently has 8 directors. The longest serving directors include Mr Charles Adcock (Jun 1998) and Mr Thomas Goodman (Aug 2014).

officercountryagestartendrole
Mr Charles AdcockEngland53 years Jun 1998- Director
Mr Thomas GoodmanEngland43 years Aug 2014- Director
Mr Ambrose BuchananEngland42 years Aug 2014- Director
Mr Trystan EmeryEngland44 years Apr 2016- Director
Mr Nicholas SkinnerEngland59 years Jun 2017- Director
Mr Christopher HughesEngland45 years Oct 2017- Director
Mr Joseph PerriamEngland53 years Mar 2024- Director
Mr Barry HookEngland47 years Jul 2024- Director

P&L

June 2024

turnover

3.9m

-44%

operating profit

1.7m

0%

gross margin

47.3%

+5.92%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

June 2024

net assets

7.2m

+0.23%

total assets

8.4m

+0.16%

cash

3m

+0.46%

net assets

Total assets minus all liabilities

event horizon pyrotechnics limited company details

company number

03576125

Type

Private limited with Share Capital

industry

74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

incorporation date

June 1998

age

27

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

June 2024

previous names

N/A

accountant

-

auditor

-

address

bishopbrook house, cathedral avenue, wells, BA5 1FD

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

event horizon pyrotechnics 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 event horizon pyrotechnics limited.

event horizon pyrotechnics limited Capital Raised & Share Issues BETA

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event horizon pyrotechnics limited Companies House Filings - See Documents

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