dancefest
dancefest Company Information
Group Structure
View All
Industry
Cultural education
+1Registered Address
the angel centre angel place, worcester, worcestershire, WR1 3QN
Website
www.dancefest.co.ukdancefest Estimated Valuation
Pomanda estimates the enterprise value of DANCEFEST at £183.4k based on a Turnover of £248.4k and 0.74x industry multiple (adjusted for size and gross margin).
dancefest Estimated Valuation
Pomanda estimates the enterprise value of DANCEFEST at £0 based on an EBITDA of £-12.6k and a 5.97x industry multiple (adjusted for size and gross margin).
dancefest Estimated Valuation
Pomanda estimates the enterprise value of DANCEFEST at £123.6k based on Net Assets of £64.6k and 1.91x industry multiple (adjusted for liquidity).
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Dancefest Overview
Dancefest is a live company located in worcestershire, WR1 3QN with a Companies House number of 04177900. It operates in the cultural education sector, SIC Code 85520. Founded in March 2001, it's largest shareholder is unknown. Dancefest is a mature, micro sized company, Pomanda has estimated its turnover at £248.4k with low growth in recent years.
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Dancefest Health Check
Pomanda's financial health check has awarded Dancefest 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
4 Strong
3 Regular
4 Weak
Size
annual sales of £248.4k, make it in line with the average company (£296.5k)
£248.4k - Dancefest
£296.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (8.1%)
4% - Dancefest
8.1% - Industry AVG
Production
with a gross margin of 48.9%, this company has a comparable cost of product (48.9%)
48.9% - Dancefest
48.9% - Industry AVG
Profitability
an operating margin of -5.1% make it less profitable than the average company (1.2%)
-5.1% - Dancefest
1.2% - Industry AVG
Employees
with 7 employees, this is similar to the industry average (7)
7 - Dancefest
7 - Industry AVG
Pay Structure
on an average salary of £18.6k, the company has a lower pay structure (£26.3k)
£18.6k - Dancefest
£26.3k - Industry AVG
Efficiency
resulting in sales per employee of £35.5k, this is less efficient (£63.4k)
£35.5k - Dancefest
£63.4k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (10 days)
6 days - Dancefest
10 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (17 days)
10 days - Dancefest
17 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Dancefest
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 388 weeks, this is more cash available to meet short term requirements (143 weeks)
388 weeks - Dancefest
143 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 12.3%, this is a lower level of debt than the average (19.7%)
12.3% - Dancefest
19.7% - Industry AVG
DANCEFEST financials
Dancefest's latest turnover from March 2024 is £248.4 thousand and the company has net assets of £64.6 thousand. According to their latest financial statements, Dancefest has 7 employees and maintains cash reserves of £68 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | 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 | 248,351 | 190,637 | 198,140 | 222,106 | 178,372 | 194,167 | 199,934 | 183,401 | 208,478 | 214,215 | 189,816 | 216,999 | 391,090 | 304,204 | 196,633 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | -8,930 | -21,021 | -7,395 | 58,397 | -2,305 | 18,644 | -846 | -9,944 | 735 | 613 | -1,523 | -258 | 5,697 | 3,847 | -3,770 |
| Tax | |||||||||||||||
| Profit After Tax | -8,930 | -21,021 | -7,395 | 58,397 | -2,305 | 18,644 | -846 | -9,944 | 735 | 613 | -1,523 | -258 | 5,697 | 3,847 | -3,770 |
| Dividends Paid | |||||||||||||||
| Retained Profit | -8,930 | -21,021 | -7,395 | 58,397 | -2,305 | 18,644 | -846 | -9,944 | 735 | 613 | -1,523 | -258 | 5,697 | 3,847 | -3,770 |
| Employee Costs | 130,214 | 133,850 | 120,235 | 100,833 | 115,534 | 103,202 | 108,307 | 103,289 | 88,982 | 84,285 | 95,597 | 99,868 | |||
| Number Of Employees | 7 | 8 | 8 | 8 | 8 | 7 | 8 | 8 | 10 | 8 | 7 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | 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 | 43 | 405 | 768 | 963 | 121 | 529 | 937 | 865 | 67 | 302 | 537 | 503 | |||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 43 | 405 | 768 | 963 | 121 | 529 | 937 | 865 | 67 | 302 | 537 | 503 | |||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 4,170 | 7,761 | 11,662 | 40 | 4,422 | 5,519 | 8,481 | 8,292 | 13,070 | 20,477 | 15,484 | 14,131 | 37,511 | 28,277 | 20,851 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 1,580 | 942 | 1,553 | 6,481 | 1,103 | 975 | 2,376 | 482 | 10,261 | 56 | |||||
| Cash | 67,994 | 72,629 | 89,006 | 103,283 | 48,948 | 51,814 | 35,573 | 30,412 | 39,027 | 72,172 | 75,208 | 34,465 | 19,686 | 107,443 | 31,024 |
| misc current assets | |||||||||||||||
| total current assets | 73,744 | 81,332 | 102,221 | 109,804 | 54,473 | 58,308 | 46,430 | 39,186 | 52,097 | 92,649 | 90,692 | 48,596 | 67,458 | 135,720 | 51,931 |
| total assets | 73,744 | 81,332 | 102,264 | 110,209 | 55,241 | 59,271 | 46,551 | 39,715 | 53,034 | 93,514 | 90,692 | 48,663 | 67,760 | 136,257 | 52,434 |
| Bank overdraft | 1,297 | ||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 3,737 | 2,949 | 1,814 | 6,002 | 7,619 | 4,911 | 10,311 | 2,786 | 5,686 | 17,058 | 10,356 | 4,651 | 24,382 | 6,712 | 2,700 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 5,366 | 4,812 | 5,858 | 2,220 | 4,032 | 8,465 | 8,989 | 8,832 | 9,307 | 39,150 | 43,643 | 4,499 | 4,904 | 96,768 | 20,804 |
| total current liabilities | 9,103 | 7,761 | 7,672 | 8,222 | 11,651 | 13,376 | 19,300 | 11,618 | 14,993 | 56,208 | 53,999 | 10,447 | 29,286 | 103,480 | 23,504 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 9,103 | 7,761 | 7,672 | 8,222 | 11,651 | 13,376 | 19,300 | 11,618 | 14,993 | 56,208 | 53,999 | 10,447 | 29,286 | 103,480 | 23,504 |
| net assets | 64,641 | 73,571 | 94,592 | 101,987 | 43,590 | 45,895 | 27,251 | 28,097 | 38,041 | 37,306 | 36,693 | 38,216 | 38,474 | 32,777 | 28,930 |
| total shareholders funds | 64,641 | 73,571 | 94,592 | 101,987 | 43,590 | 45,895 | 27,251 | 28,097 | 38,041 | 37,306 | 36,693 | 38,216 | 38,474 | 32,777 | 28,930 |
| Mar 2024 | 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 | 43 | 362 | 363 | 363 | 441 | 408 | 408 | 408 | 289 | 67 | 235 | 235 | 235 | 168 | |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -2,953 | -4,512 | 6,694 | 996 | -969 | -4,363 | 2,083 | -4,296 | -7,407 | 4,993 | 1,353 | -33,641 | 19,495 | 7,370 | 20,907 |
| Creditors | 788 | 1,135 | -4,188 | -1,617 | 2,708 | -5,400 | 7,525 | -2,900 | -11,372 | 6,702 | 5,705 | -19,731 | 17,670 | 4,012 | 2,700 |
| Accruals and Deferred Income | 554 | -1,046 | 3,638 | -1,812 | -4,433 | -524 | 157 | -475 | -29,843 | -4,493 | 39,144 | -405 | -91,864 | 75,964 | 20,804 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | 32,700 | ||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -4,635 | -16,377 | -14,277 | 54,335 | -2,866 | 16,241 | 5,161 | -8,615 | -33,145 | -3,036 | 40,743 | 14,779 | -87,757 | 76,419 | 31,024 |
| overdraft | -1,297 | 1,297 | |||||||||||||
| change in cash | -4,635 | -16,377 | -14,277 | 54,335 | -2,866 | 16,241 | 5,161 | -8,615 | -33,145 | -3,036 | 42,040 | 13,482 | -87,757 | 76,419 | 31,024 |
dancefest Credit Report and Business Information
Dancefest Competitor Analysis
Perform a competitor analysis for dancefest by selecting its closest rivals, whether from the EDUCATION sector, other micro companies, companies in WR1 area or any other competitors across 12 key performance metrics.
dancefest Ownership
DANCEFEST group structure
Dancefest has no subsidiary companies.
Ultimate parent company
DANCEFEST
04177900
dancefest directors
Dancefest currently has 8 directors. The longest serving directors include Mr Johnny Autin (Jul 2019) and Mr Chris Stenton (Jul 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Johnny Autin | 39 years | Jul 2019 | - | Director | |
| Mr Chris Stenton | 53 years | Jul 2019 | - | Director | |
| Mr Paul James | 59 years | Jul 2019 | - | Director | |
| Miss Heidi Murphy | England | 31 years | Jul 2019 | - | Director |
| Ms Nicola Gauld | 49 years | Apr 2024 | - | Director | |
| Mr Joshua Slater | 33 years | Apr 2024 | - | Director | |
| Ms Anjali Fowler | 48 years | Apr 2024 | - | Director | |
| Ms Lucie Mirkova | 47 years | Apr 2024 | - | Director |
P&L
March 2024turnover
248.4k
+30%
operating profit
-12.6k
0%
gross margin
48.9%
+0.13%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
64.6k
-0.12%
total assets
73.7k
-0.09%
cash
68k
-0.06%
net assets
Total assets minus all liabilities
dancefest company details
company number
04177900
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85520 - Cultural education
90010 - Performing arts
incorporation date
March 2001
age
24
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
MELISSA GODWIN
auditor
-
address
the angel centre angel place, worcester, worcestershire, WR1 3QN
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
dancefest 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 dancefest.
dancefest 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 DANCEFEST. This can take several minutes, an email will notify you when this has completed.
dancefest Companies House Filings - See Documents
| date | description | view/download |
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