cornish sinfonia
cornish sinfonia Company Information
Company Number
03797637
Website
www.cornishsinfonia.co.ukRegistered Address
46 killigrew street, falmouth, TR11 3PP
Industry
Performing arts
Telephone
01872865510
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
-0%
cornish sinfonia Estimated Valuation
Pomanda estimates the enterprise value of CORNISH SINFONIA at £13.1k based on a Turnover of £64k and 0.21x industry multiple (adjusted for size and gross margin).
cornish sinfonia Estimated Valuation
Pomanda estimates the enterprise value of CORNISH SINFONIA at £144 based on an EBITDA of £130 and a 1.1x industry multiple (adjusted for size and gross margin).
cornish sinfonia Estimated Valuation
Pomanda estimates the enterprise value of CORNISH SINFONIA at £0 based on Net Assets of £-1.9k and 2.12x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Cornish Sinfonia Overview
Cornish Sinfonia is a live company located in falmouth, TR11 3PP with a Companies House number of 03797637. It operates in the performing arts sector, SIC Code 90010. Founded in June 1999, it's largest shareholder is unknown. Cornish Sinfonia is a mature, micro sized company, Pomanda has estimated its turnover at £64k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Cornish Sinfonia Health Check
Pomanda's financial health check has awarded Cornish Sinfonia a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £64k, make it smaller than the average company (£335.6k)
- Cornish Sinfonia
£335.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (0.3%)
- Cornish Sinfonia
0.3% - Industry AVG
Production
with a gross margin of 3.2%, this company has a higher cost of product (32.1%)
- Cornish Sinfonia
32.1% - Industry AVG
Profitability
an operating margin of 0.2% make it less profitable than the average company (2.4%)
- Cornish Sinfonia
2.4% - Industry AVG
Employees
with 3 employees, this is below the industry average (7)
3 - Cornish Sinfonia
7 - Industry AVG
Pay Structure
on an average salary of £25.7k, the company has an equivalent pay structure (£25.7k)
- Cornish Sinfonia
£25.7k - Industry AVG
Efficiency
resulting in sales per employee of £21.3k, this is less efficient (£68.6k)
- Cornish Sinfonia
£68.6k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (8 days)
- Cornish Sinfonia
8 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (18 days)
- Cornish Sinfonia
18 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Cornish Sinfonia
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Cornish Sinfonia
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 282.8%, this is a higher level of debt than the average (21.5%)
282.8% - Cornish Sinfonia
21.5% - Industry AVG
CORNISH SINFONIA financials
Cornish Sinfonia's latest turnover from March 2023 is estimated at £64 thousand and the company has net assets of -£1.9 thousand. According to their latest financial statements, Cornish Sinfonia has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 9,193 | 12,740 | ||||||||||||
| Other Income Or Grants | 0 | 0 | ||||||||||||
| Cost Of Sales | 8,011 | 11,861 | ||||||||||||
| Gross Profit | 1,182 | 879 | ||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 0 | 0 | ||||||||||||
| Interest Receivable | 0 | 0 | ||||||||||||
| Pre-Tax Profit | 280 | -7 | ||||||||||||
| Tax | 0 | 0 | ||||||||||||
| Profit After Tax | 280 | -7 | ||||||||||||
| Dividends Paid | 0 | 0 | ||||||||||||
| Retained Profit | 280 | -7 | ||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 3 | 3 | 2 | 2 | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 0 | 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 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,028 | 672 | 2,968 | 0 | 0 | 0 | 0 | 0 | 2,396 | 0 | 0 | 0 | 0 | 11,700 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 3,351 | 3,731 | 4,571 | 5,318 | 8,027 | 5,694 | 55 | 8,433 | 51 | 689 | 552 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,028 | 672 | 2,968 | 3,351 | 3,731 | 4,571 | 5,318 | 8,027 | 8,090 | 55 | 8,433 | 51 | 689 | 12,252 |
| total assets | 1,028 | 672 | 2,968 | 3,351 | 3,731 | 4,571 | 5,318 | 8,027 | 8,090 | 55 | 8,433 | 51 | 689 | 12,252 |
| Bank overdraft | 0 | 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 |
| Trade Creditors | 2,300 | 2,300 | 2,300 | 0 | 0 | 0 | 0 | 0 | 2,675 | 2,625 | 10,814 | 1,608 | 0 | 11,204 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 2,300 | 0 | 0 | 2,300 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 0 | 0 | 0 | 2,622 | 323 | 2,650 | 2,732 | 379 | 0 | 0 | 0 | 0 | 1,460 | 2,099 |
| total current liabilities | 2,300 | 2,300 | 2,300 | 2,622 | 2,623 | 2,650 | 2,732 | 2,679 | 2,675 | 2,625 | 10,814 | 1,608 | 1,460 | 13,303 |
| loans | 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 |
| Accruals and Deferred Income | 607 | 357 | 186 | 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 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 607 | 357 | 186 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 2,907 | 2,657 | 2,486 | 2,622 | 2,623 | 2,650 | 2,732 | 2,679 | 2,675 | 2,625 | 10,814 | 1,608 | 1,460 | 13,303 |
| net assets | -1,879 | -1,985 | 482 | 729 | 1,108 | 1,921 | 2,586 | 5,348 | 5,415 | -2,570 | -2,381 | -1,557 | -771 | -1,051 |
| total shareholders funds | -1,879 | -1,985 | 482 | 729 | 1,108 | 1,921 | 2,586 | 5,348 | 5,415 | -2,570 | -2,381 | -1,557 | -771 | -1,051 |
| 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 | ||||||||||||||
| Depreciation | 0 | 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 |
| Tax | 0 | 0 | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 356 | -2,296 | 2,968 | 0 | 0 | 0 | 0 | -2,396 | 2,396 | 0 | 0 | 0 | -11,700 | 11,700 |
| Creditors | 0 | 0 | 2,300 | 0 | 0 | 0 | 0 | -2,675 | 50 | -8,189 | 9,206 | 1,608 | -11,204 | 11,204 |
| Accruals and Deferred Income | 250 | 171 | -2,436 | 2,299 | -2,327 | -82 | 2,353 | 379 | 0 | 0 | 0 | -1,460 | -639 | 2,099 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -2,300 | 2,300 | 0 | -2,300 | 2,300 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | ||||||||||||
| cash flow from financing | 0 | -1,044 | ||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | -3,351 | -380 | -840 | -747 | -2,709 | 2,333 | 5,639 | -8,378 | 8,382 | -638 | 137 | 552 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -3,351 | -380 | -840 | -747 | -2,709 | 2,333 | 5,639 | -8,378 | 8,382 | -638 | 137 | 552 |
cornish sinfonia Credit Report and Business Information
Cornish Sinfonia Competitor Analysis
Perform a competitor analysis for cornish sinfonia by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in TR11 area or any other competitors across 12 key performance metrics.
cornish sinfonia Ownership
CORNISH SINFONIA group structure
Cornish Sinfonia has no subsidiary companies.
Ultimate parent company
CORNISH SINFONIA
03797637
cornish sinfonia directors
Cornish Sinfonia currently has 5 directors. The longest serving directors include Mr David White (Jun 1999) and Mrs Karen Frost (Jun 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David White | 73 years | Jun 1999 | - | Director | |
| Mrs Karen Frost | England | 70 years | Jun 2019 | - | Director |
| Mr Michael Reed | England | 71 years | Jun 2021 | - | Director |
| Mr Michael Reed | England | 71 years | Jun 2021 | - | Director |
| Mr Dave Lee | England | 73 years | Jun 2023 | - | Director |
P&L
March 2023turnover
64k
+8%
operating profit
130.9
0%
gross margin
3.2%
+36.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-1.9k
-0.05%
total assets
1k
+0.53%
cash
0
0%
net assets
Total assets minus all liabilities
cornish sinfonia company details
company number
03797637
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
90010 - Performing arts
incorporation date
June 1999
age
25
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
46 killigrew street, falmouth, TR11 3PP
Bank
-
Legal Advisor
-
cornish sinfonia 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 cornish sinfonia.
cornish sinfonia Companies House Filings - See Documents
| date | description | view/download |
|---|
