society for the advancement of black arts (saba)

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society for the advancement of black arts (saba) Company Information

Share SOCIETY FOR THE ADVANCEMENT OF BLACK ARTS (SABA)

Company Number

03768201

Shareholders

-

Group Structure

View All

Industry

Other social work activities without accommodation n.e.c.

 

Registered Address

unit 1 resource business centre, 537 norwood road, london, SE27 9DL

society for the advancement of black arts (saba) Estimated Valuation

£430.1k

Pomanda estimates the enterprise value of SOCIETY FOR THE ADVANCEMENT OF BLACK ARTS (SABA) at £430.1k based on a Turnover of £1.2m and 0.35x industry multiple (adjusted for size and gross margin).

society for the advancement of black arts (saba) Estimated Valuation

£0

Pomanda estimates the enterprise value of SOCIETY FOR THE ADVANCEMENT OF BLACK ARTS (SABA) at £0 based on an EBITDA of £-15.5k and a 3.6x industry multiple (adjusted for size and gross margin).

society for the advancement of black arts (saba) Estimated Valuation

£424.9k

Pomanda estimates the enterprise value of SOCIETY FOR THE ADVANCEMENT OF BLACK ARTS (SABA) at £424.9k based on Net Assets of £176.8k and 2.4x industry multiple (adjusted for liquidity).

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Society For The Advancement Of Black Arts (saba) Overview

Society For The Advancement Of Black Arts (saba) is a live company located in london, SE27 9DL with a Companies House number of 03768201. It operates in the other social work activities without accommodation n.e.c. sector, SIC Code 88990. Founded in May 1999, it's largest shareholder is unknown. Society For The Advancement Of Black Arts (saba) is a mature, small sized company, Pomanda has estimated its turnover at £1.2m with declining growth in recent years.

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Society For The Advancement Of Black Arts (saba) Health Check

Pomanda's financial health check has awarded Society For The Advancement Of Black Arts (Saba) a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £1.2m, make it larger than the average company (£467.3k)

£1.2m - Society For The Advancement Of Black Arts (saba)

£467.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (6.7%)

-16% - Society For The Advancement Of Black Arts (saba)

6.7% - Industry AVG

production

Production

with a gross margin of 32.1%, this company has a higher cost of product (75.8%)

32.1% - Society For The Advancement Of Black Arts (saba)

75.8% - Industry AVG

profitability

Profitability

an operating margin of -1.2% make it less profitable than the average company (3.5%)

-1.2% - Society For The Advancement Of Black Arts (saba)

3.5% - Industry AVG

employees

Employees

with 18 employees, this is above the industry average (13)

18 - Society For The Advancement Of Black Arts (saba)

13 - Industry AVG

paystructure

Pay Structure

on an average salary of £25.8k, the company has an equivalent pay structure (£25.8k)

£25.8k - Society For The Advancement Of Black Arts (saba)

£25.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £69k, this is more efficient (£41.7k)

£69k - Society For The Advancement Of Black Arts (saba)

£41.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 52 days, this is later than average (13 days)

52 days - Society For The Advancement Of Black Arts (saba)

13 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 2 days, this is quicker than average (5 days)

2 days - Society For The Advancement Of Black Arts (saba)

5 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Society For The Advancement Of Black Arts (saba)

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Society For The Advancement Of Black Arts (saba)

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 11.6%, this is a lower level of debt than the average (13%)

11.6% - Society For The Advancement Of Black Arts (saba)

13% - Industry AVG

SOCIETY FOR THE ADVANCEMENT OF BLACK ARTS (SABA) financials

EXPORTms excel logo

Society For The Advancement Of Black Arts (Saba)'s latest turnover from May 2024 is estimated at £1.2 million and the company has net assets of £176.8 thousand. According to their latest financial statements, we estimate that Society For The Advancement Of Black Arts (Saba) has 18 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Turnover1,242,5761,317,2751,474,9772,108,464493,719499,797638,779160,355154,72349,68983,63893,562130,2925,89669,078
Other Income Or Grants
Cost Of Sales844,059916,027974,1101,415,192331,522339,062416,23196,866111,93937,29067,27270,817106,1784,84755,478
Gross Profit398,517401,248500,867693,272162,198160,735222,54763,48942,78412,39916,36622,74624,1141,04913,600
Admin Expenses413,996434,714363,411638,836165,681139,671222,51823,59541,5506,92634,38915,10838,551-27,076-20,180
Operating Profit-15,479-33,466137,45654,436-3,48321,0642939,8941,2345,473-18,0237,638-14,43728,12533,780
Interest Payable
Interest Receivable83423937354310114552
Pre-Tax Profit-15,479-33,466137,45654,436-3,48321,06411239,9361,2735,510-17,9887,681-14,33628,27033,832
Tax-26,117-10,343-4,002-21-7,588-254-1,102-1,767-7,350-9,473
Profit After Tax-15,479-33,466111,33944,093-3,48317,0629132,3481,0184,408-17,9885,914-14,33620,92024,359
Dividends Paid
Retained Profit-15,479-33,466111,33944,093-3,48317,0629132,3481,0184,408-17,9885,914-14,33620,92024,359
Employee Costs463,982465,510504,735689,647174,990170,883230,95162,32462,36720,95543,55743,58764,45321,21142,232
Number Of Employees18192231881133122312
EBITDA*-15,479-33,466137,45654,436-3,48321,0642939,8942,90410,050-13,44612,635-9,44029,99735,652

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Tangible Assets20,00020,00020,00020,0006,5004202,0906,66711,24416,2418,73810,610
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets20,00020,00020,00020,0006,5004202,0906,66711,24416,2418,73810,610
Stock & work in progress
Trade Debtors179,995203,092240,586276,98672,73677,85159,38426,09325,1857,43013,41614,35212,519
Group Debtors
Misc Debtors
Cash33,20049014,95713,9183,20837,11620,862
misc current assets
total current assets179,995203,092240,586276,98672,73677,85159,38459,29325,67522,38713,41628,27015,72737,11620,862
total assets199,995223,092260,586296,98679,23677,85159,38459,29326,09524,47720,08339,51431,96845,85431,472
Bank overdraft
Bank loan
Trade Creditors 5,2024,3022,650142,5808,9234,0552,6501,8001,2001,2142,6575757,113
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities5,2024,3022,650142,5808,9234,0552,6501,8001,2001,2142,6575757,113
loans
hp & lease commitments
Accruals and Deferred Income1,025
other liabilities17,99326,51132,19140,0002,650
provisions
total long term liabilities17,99326,51132,19140,0002,6501,025
total liabilities23,19530,81334,841182,5808,9234,0552,6502,6501,8001,2001,2142,6571,0255757,113
net assets176,800192,279225,745114,40670,31373,79656,73456,64324,29523,27718,86936,85730,94345,27924,359
total shareholders funds176,800192,279225,745114,40670,31373,79656,73456,64324,29523,27718,86936,85730,94345,27924,359
May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Operating Activities
Operating Profit-15,479-33,466137,45654,436-3,48321,0642939,8941,2345,473-18,0237,638-14,43728,12533,780
Depreciation1,6704,5774,5774,9974,9971,8721,872
Amortisation
Tax-26,117-10,343-4,002-21-7,588-254-1,102-1,767-7,350-9,473
Stock
Debtors-23,097-37,494-36,400204,250-5,11518,46733,29190817,755-5,986-9361,83312,519
Creditors9001,652-139,930133,6574,8684,055-2,650850600-14-1,4432,657-575-6,5387,113
Accruals and Deferred Income-1,0251,025
Deferred Taxes & Provisions
Cash flow from operations8,5185,6807,809-26,5006,5002,650-35,93332,248-14,50514,920-13,95310,667-21,50916,10933,292
Investing Activities
capital expenditure-13,500-6,500420-12,500-12,482
Change in Investments
cash flow from investments-13,500-6,500420-12,500-12,482
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-8,518-5,680-7,80940,000-2,6502,650
share issue
interest83423937354310114552
cash flow from financing-8,518-5,680-7,80940,000-2,6502,733423937354310114552
cash and cash equivalents
cash-33,20032,710-14,46714,957-13,91810,710-33,90816,25420,862
overdraft
change in cash-33,20032,710-14,46714,957-13,91810,710-33,90816,25420,862

society for the advancement of black arts (saba) 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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Society For The Advancement Of Black Arts (saba) Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for society for the advancement of black arts (saba) by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in SE27 area or any other competitors across 12 key performance metrics.

society for the advancement of black arts (saba) Ownership

SOCIETY FOR THE ADVANCEMENT OF BLACK ARTS (SABA) group structure

Society For The Advancement Of Black Arts (Saba) has no subsidiary companies.

Ultimate parent company

SOCIETY FOR THE ADVANCEMENT OF BLACK ARTS (SABA)

03768201

SOCIETY FOR THE ADVANCEMENT OF BLACK ARTS (SABA) Shareholders

--

society for the advancement of black arts (saba) directors

Society For The Advancement Of Black Arts (Saba) currently has 3 directors. The longest serving directors include Mr David Martins (May 1999) and Mr Franklyn McKinson (Mar 2013).

officercountryagestartendrole
Mr David Martins60 years May 1999- Director
Mr Franklyn McKinsonEngland56 years Mar 2013- Director
Mr John DownieEngland62 years Jan 2025- Director

P&L

May 2024

turnover

1.2m

-6%

operating profit

-15.5k

0%

gross margin

32.1%

+5.29%

turnover

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

Balance Sheet

May 2024

net assets

176.8k

-0.08%

total assets

200k

-0.1%

cash

0

0%

net assets

Total assets minus all liabilities

society for the advancement of black arts (saba) company details

company number

03768201

Type

Private Limited by guarantee without Share Capital Exempt from using Limited

industry

88990 - Other social work activities without accommodation n.e.c.

incorporation date

May 1999

age

26

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

May 2024

previous names

N/A

accountant

-

auditor

-

address

unit 1 resource business centre, 537 norwood road, london, SE27 9DL

Bank

-

Legal Advisor

-

society for the advancement of black arts (saba) 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 society for the advancement of black arts (saba).

society for the advancement of black arts (saba) 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 SOCIETY FOR THE ADVANCEMENT OF BLACK ARTS (SABA). This can take several minutes, an email will notify you when this has completed.

society for the advancement of black arts (saba) Companies House Filings - See Documents

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