east street arts

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east street arts Company Information

Share EAST STREET ARTS

Company Number

03598612

Shareholders

-

Group Structure

View All

Industry

Operation of arts facilities

 

Registered Address

patrick studios, st marys lane, leeds, LS9 7EH

east street arts Estimated Valuation

£852.3k

Pomanda estimates the enterprise value of EAST STREET ARTS at £852.3k based on a Turnover of £1.3m and 0.63x industry multiple (adjusted for size and gross margin).

east street arts Estimated Valuation

£0

Pomanda estimates the enterprise value of EAST STREET ARTS at £0 based on an EBITDA of £-631.7k and a 7.7x industry multiple (adjusted for size and gross margin).

east street arts Estimated Valuation

£3m

Pomanda estimates the enterprise value of EAST STREET ARTS at £3m based on Net Assets of £3.1m and 0.95x industry multiple (adjusted for liquidity).

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East Street Arts Overview

East Street Arts is a live company located in leeds, LS9 7EH with a Companies House number of 03598612. It operates in the operation of arts facilities sector, SIC Code 90040. Founded in July 1998, it's largest shareholder is unknown. East Street Arts is a mature, small sized company, Pomanda has estimated its turnover at £1.3m with declining growth in recent years.

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East Street Arts Health Check

Pomanda's financial health check has awarded East Street Arts a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £1.3m, make it larger than the average company (£525.8k)

£1.3m - East Street Arts

£525.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (1.7%)

-8% - East Street Arts

1.7% - Industry AVG

production

Production

with a gross margin of 63.2%, this company has a comparable cost of product (63.2%)

63.2% - East Street Arts

63.2% - Industry AVG

profitability

Profitability

an operating margin of -55.6% make it less profitable than the average company (4.4%)

-55.6% - East Street Arts

4.4% - Industry AVG

employees

Employees

with 27 employees, this is above the industry average (12)

27 - East Street Arts

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £24.5k, the company has a higher pay structure (£20k)

£24.5k - East Street Arts

£20k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £49.8k, this is equally as efficient (£51.5k)

£49.8k - East Street Arts

£51.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 29 days, this is later than average (8 days)

29 days - East Street Arts

8 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 45 days, this is slower than average (34 days)

45 days - East Street Arts

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - East Street Arts

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 197 weeks, this is more cash available to meet short term requirements (110 weeks)

197 weeks - East Street Arts

110 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 21.9%, this is a similar level of debt than the average (20.7%)

21.9% - East Street Arts

20.7% - Industry AVG

EAST STREET ARTS financials

EXPORTms excel logo

East Street Arts's latest turnover from March 2023 is £1.3 million and the company has net assets of £3.1 million. According to their latest financial statements, East Street Arts has 27 employees and maintains cash reserves of £725.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover1,343,3171,687,5292,636,8861,717,4041,853,1121,824,5891,616,4411,370,4151,158,981999,158830,378492,964338,561325,589
Other Income Or Grants
Cost Of Sales494,186603,054985,708621,338695,138691,228668,236533,392412,993384,931367,164205,641159,388141,306
Gross Profit849,1311,084,4751,651,1781,096,0661,157,9741,133,361948,205837,023745,988614,227463,214287,323179,173184,283
Admin Expenses1,595,697757,464167,143819,962822,426724,044864,603648,290809,613658,907250,844295,794148,860182,956
Operating Profit-746,566327,0111,484,035276,104335,548409,31783,602188,733-63,625-44,680212,370-8,47130,3131,327
Interest Payable6,9333,595
Interest Receivable
Pre-Tax Profit-776,667232,4741,165,150189,784255,167329,04061,741148,068-63,367-44,126161,630-8,51621,805943
Tax
Profit After Tax-776,667232,4741,165,150189,784255,167329,04061,741148,068-63,367-44,126161,630-8,51621,805943
Dividends Paid
Retained Profit-776,667232,4741,165,150189,784255,167329,04061,741148,068-63,367-44,126161,630-8,51621,805943
Employee Costs660,287580,113517,073476,033493,003449,577391,930326,087338,594258,701185,141162,222143,200127,028
Number Of Employees2720172017222218181310996
EBITDA*-631,679430,6001,562,313349,525408,144470,738142,885227,960-22,780-5,867246,463-2,33036,60880,534

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets3,092,0473,184,3143,166,2013,064,7122,842,2681,470,9551,527,4261,555,3711,400,4551,439,1621,461,2761,464,0601,469,1991,459,217
Intangible Assets
Investments & Other413413406398344344336282277198198194159134
Debtors (Due After 1 year)
Total Fixed Assets3,092,4603,184,7273,166,6073,065,1102,842,6121,471,2991,527,7621,555,6531,400,7321,439,3601,461,4741,464,2541,469,3581,459,351
Stock & work in progress
Trade Debtors110,19627,706124,206136,501245,060253,91433,27647,43033,9307,95322,03425,69917,67416,149
Group Debtors
Misc Debtors101,412173,985118,15278,828143,29435,813186,727210,764117,92296,48759,05832,93016,3887,224
Cash725,0791,363,4231,391,551264,94856,369536,145252,680152,731119,618182,059223,98462,01581,74674,969
misc current assets
total current assets936,6871,565,1141,633,909480,277444,723825,872472,683410,925271,470286,499305,076120,644115,80898,342
total assets4,029,1474,749,8414,800,5163,545,3873,287,3352,297,1712,000,4451,966,5781,672,2021,725,8591,766,5501,584,8981,585,1661,557,693
Bank overdraft
Bank loan31,90730,389
Trade Creditors 60,97430,69619,03926,46920,19827,18522,94151,09721,80815,2536,8396,8606,9102,111
Group/Directors Accounts
other short term finances29,41927,02636,94316,75230,28438,4637,9867,2966,8965,8466,6126,300
hp & lease commitments
other current liabilities98,11763,668285,175187,150271,41884,97184,15055,29140,88738,42243,80124,80815,74415,187
total current liabilities190,998124,753333,633240,645328,559128,908137,375144,85170,68160,97157,53637,51429,26623,598
loans690,365700,638731,027734,035577,85342,50766,35486,752
hp & lease commitments
Accruals and Deferred Income
other liabilities1
provisions
total long term liabilities690,366700,638731,027734,035577,85342,50766,35486,752
total liabilities881,364825,3911,064,660974,680906,412171,415203,729231,60370,68160,97157,53637,51429,26623,598
net assets3,147,7833,924,4503,735,8562,570,7072,380,9232,125,7561,796,7161,734,9751,601,5211,664,8881,709,0141,547,3841,555,9001,534,095
total shareholders funds3,147,7833,924,4503,735,8562,570,7072,380,9232,125,7561,796,7161,734,9751,601,5211,664,8881,709,0141,547,3841,555,9001,534,095
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-746,566327,0111,484,035276,104335,548409,31783,602188,733-63,625-44,680212,370-8,47130,3131,327
Depreciation114,887103,58978,27873,42172,59661,42159,28339,22740,84538,81334,0936,1416,29579,207
Amortisation
Tax
Stock
Debtors9,917-40,66727,029-173,02598,62769,724-38,191106,34247,41223,34822,46324,56710,68923,373
Creditors30,27811,657-7,4306,271-6,9874,244-28,15629,2896,5558,414-21-504,7992,111
Accruals and Deferred Income34,449-221,50798,025-84,268186,44782128,85914,4042,465-5,37918,9939,06455715,187
Deferred Taxes & Provisions
Cash flow from operations-576,869261,4171,625,879444,553488,977406,079181,779165,311-61,172-26,180242,972-17,88331,27574,459
Investing Activities
capital expenditure-4,958-34,070-193,498-2,138-16,699-31,309-1,002-16,277-1,538,424
Change in Investments785485457943525134
cash flow from investments-7-8-54-4,966-34,124-193,503-2,217-16,699-31,313-1,037-16,302-1,538,558
Financing Activities
Bank loans1,51830,389
Group/Directors Accounts
Other Short Term Loans -29,4192,393-9,91720,191-13,532-8,17930,4776904001,050-7663126,300
Long term loans-10,273-30,389-3,008156,182535,346-23,847-20,39886,752
Hire Purchase and Lease Commitments
other long term liabilities1
share issue-43,880-1-14,6141,533,152
interest-6,933-3,595
cash flow from financing-8,754-73,299-616146,265555,537-37,379-35,51099,0206904001,050-7663121,539,452
cash and cash equivalents
cash-638,344-28,1281,126,603208,579-479,776283,46599,94933,113-62,441-41,925161,969-19,7316,77774,969
overdraft
change in cash-638,344-28,1281,126,603208,579-479,776283,46599,94933,113-62,441-41,925161,969-19,7316,77774,969

east street arts 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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East Street Arts Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for east street arts by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in LS9 area or any other competitors across 12 key performance metrics.

east street arts Ownership

EAST STREET ARTS group structure

East Street Arts has no subsidiary companies.

Ultimate parent company

EAST STREET ARTS

03598612

EAST STREET ARTS Shareholders

--

east street arts directors

East Street Arts currently has 8 directors. The longest serving directors include Mr Roy Gillam (Sep 2020) and Mr Nicholas Ramshaw (Jan 2021).

officercountryagestartendrole
Mr Roy GillamEngland61 years Sep 2020- Director
Mr Nicholas Ramshaw61 years Jan 2021- Director
Mr Charles Arnold48 years Jan 2021- Director
Ms Minoti Parikh40 years Jan 2021- Director
Mr Rodolfo Barradas Simoes33 years Jan 2021- Director
Mrs Jean BradyEngland72 years Jan 2021- Director
Ms Marianna Tsionki44 years Jul 2024- Director
Mr Tom Poultney42 years Jul 2024- Director

P&L

March 2023

turnover

1.3m

-20%

operating profit

-746.6k

0%

gross margin

63.3%

-1.64%

turnover

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

Balance Sheet

March 2023

net assets

3.1m

-0.2%

total assets

4m

-0.15%

cash

725.1k

-0.47%

net assets

Total assets minus all liabilities

east street arts company details

company number

03598612

Type

Private Limited by guarantee without Share Capital Exempt from using Limited

industry

90040 - Operation of arts facilities

incorporation date

July 1998

age

27

incorporated

UK

ultimate parent company

None

accounts

Full Accounts

last accounts submitted

March 2023

previous names

N/A

accountant

-

auditor

HAINES WATTS

address

patrick studios, st marys lane, leeds, LS9 7EH

Bank

UNITY TRUST BANK

Legal Advisor

BLACKS SOLICITORS LLP

east street 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 10 charges/mortgages relating to east street arts. Currently there are 9 open charges and 1 have been satisfied in the past.

east street 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.

Click to start generating capital raising & share issue transactions for EAST STREET ARTS. This can take several minutes, an email will notify you when this has completed.

east street arts Companies House Filings - See Documents

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