y.e.s. (your event solutions) limited

y.e.s. (your event solutions) limited Company Information

Share Y.E.S. (YOUR EVENT SOLUTIONS) LIMITED
Live 
MatureMidRapid

Company Number

04368522

Industry

Activities of conference organizers

 

Directors

John O'Hara

Helena Daras

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Shareholders

protravel international llc

Group Structure

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Contact

Registered Address

solutions house halifax road, hipperholme, halifax, HX3 8ER

y.e.s. (your event solutions) limited Estimated Valuation

£6.7m

Pomanda estimates the enterprise value of Y.E.S. (YOUR EVENT SOLUTIONS) LIMITED at £6.7m based on a Turnover of £11.7m and 0.57x industry multiple (adjusted for size and gross margin).

y.e.s. (your event solutions) limited Estimated Valuation

£2.3m

Pomanda estimates the enterprise value of Y.E.S. (YOUR EVENT SOLUTIONS) LIMITED at £2.3m based on an EBITDA of £711.3k and a 3.27x industry multiple (adjusted for size and gross margin).

y.e.s. (your event solutions) limited Estimated Valuation

£22.7m

Pomanda estimates the enterprise value of Y.E.S. (YOUR EVENT SOLUTIONS) LIMITED at £22.7m based on Net Assets of £11.9m and 1.9x industry multiple (adjusted for liquidity).

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Y.e.s. (your Event Solutions) Limited Overview

Y.e.s. (your Event Solutions) Limited is a live company located in halifax, HX3 8ER with a Companies House number of 04368522. It operates in the activities of conference organisers sector, SIC Code 82302. Founded in February 2002, it's largest shareholder is protravel international llc with a 100% stake. Y.e.s. (your Event Solutions) Limited is a mature, mid sized company, Pomanda has estimated its turnover at £11.7m with rapid growth in recent years.

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Y.e.s. (your Event Solutions) Limited Health Check

Pomanda's financial health check has awarded Y.E.S. (Your Event Solutions) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £11.7m, make it larger than the average company (£692.9k)

£11.7m - Y.e.s. (your Event Solutions) Limited

£692.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 44%, show it is growing at a faster rate (10.8%)

44% - Y.e.s. (your Event Solutions) Limited

10.8% - Industry AVG

production

Production

with a gross margin of 25.4%, this company has a higher cost of product (50.1%)

25.4% - Y.e.s. (your Event Solutions) Limited

50.1% - Industry AVG

profitability

Profitability

an operating margin of 5.9% make it as profitable than the average company (7.1%)

5.9% - Y.e.s. (your Event Solutions) Limited

7.1% - Industry AVG

employees

Employees

with 26 employees, this is above the industry average (7)

26 - Y.e.s. (your Event Solutions) Limited

7 - Industry AVG

paystructure

Pay Structure

on an average salary of £45k, the company has an equivalent pay structure (£44.1k)

£45k - Y.e.s. (your Event Solutions) Limited

£44.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £450.7k, this is more efficient (£135.4k)

£450.7k - Y.e.s. (your Event Solutions) Limited

£135.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 113 days, this is later than average (49 days)

113 days - Y.e.s. (your Event Solutions) Limited

49 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 25 days, this is quicker than average (32 days)

25 days - Y.e.s. (your Event Solutions) Limited

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Y.e.s. (your Event Solutions) Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 38 weeks, this is average cash available to meet short term requirements (39 weeks)

38 weeks - Y.e.s. (your Event Solutions) Limited

39 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 29.5%, this is a lower level of debt than the average (66.6%)

29.5% - Y.e.s. (your Event Solutions) Limited

66.6% - Industry AVG

Y.E.S. (YOUR EVENT SOLUTIONS) LIMITED financials

EXPORTms excel logo

Y.E.S. (Your Event Solutions) Limited's latest turnover from December 2023 is £11.7 million and the company has net assets of £11.9 million. According to their latest financial statements, Y.E.S. (Your Event Solutions) Limited has 26 employees and maintains cash reserves of £3.7 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover11,718,00814,706,9857,554,8443,955,27914,004,9916,463,96410,452,4547,264,9204,644,77314,673,8856,433,6115,939,0197,067,6034,876,2674,093,589
Other Income Or Grants000000000000000
Cost Of Sales8,745,16310,119,6823,579,0031,962,4597,119,0383,823,3736,187,3824,243,0302,825,0967,569,5422,983,1102,874,4753,551,0772,428,6792,125,902
Gross Profit2,972,8454,587,3033,975,8411,992,8206,885,9532,640,5914,265,0723,021,8901,819,6777,104,3433,450,5013,064,5443,516,5262,447,5881,967,686
Admin Expenses2,278,9231,646,6773,160,993814,0497,062,439400,8292,666,1021,865,120458,3236,532,4193,086,4062,933,5673,161,3941,913,641299,509
Operating Profit693,9222,940,626814,8481,178,771-176,4862,239,7621,598,9701,156,7701,361,354571,924364,095130,977355,132533,9471,668,177
Interest Payable010000000000000
Interest Receivable106,77785,1624,9942,60734,59942,84225,44710,96915,02512,77912,1559,7069,3058,0223,226
Pre-Tax Profit800,6993,025,787819,8421,181,378-141,8872,282,6041,624,4171,167,7391,376,379584,703376,251140,683364,436541,9691,671,403
Tax340,055-338,700-155,770-224,4620-433,695-308,639-233,548-275,276-122,788-86,538-33,764-94,753-151,751-467,993
Profit After Tax1,140,7542,687,087664,072956,916-141,8871,848,9091,315,778934,1911,101,103461,915289,713106,919269,683390,2181,203,410
Dividends Paid000000000000000
Retained Profit1,140,7542,687,087664,072956,916-141,8871,848,9091,315,778934,1911,101,103461,915289,713106,919269,683390,2181,203,410
Employee Costs1,169,223961,472804,989854,2091,032,062938,723885,662746,583608,3103,852,1572,176,2961,925,9743,215,1441,343,1661,142,003
Number Of Employees262718222221201814834746682931
EBITDA*711,2552,941,532816,9051,183,287-169,4102,248,7791,643,3271,195,0021,399,562599,591380,664149,289371,947552,6181,688,866

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets6,15617,37818,08616,25622,074379,6871,127,127861,032877,725786,096408,893395,897399,929362,407369,303
Intangible Assets000000000000000
Investments & Other19,00919,00919,00919,00919,00919,009237,714284,785237,678000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets25,16536,38737,09535,26541,083398,6961,364,8411,145,8171,115,403786,096408,893395,897399,929362,407369,303
Stock & work in progress000000000000000
Trade Debtors3,655,0921,472,4261,575,325563,2712,867,771972,7001,939,0311,274,959812,5692,005,8191,031,789997,8341,011,705548,250479,786
Group Debtors8,487,9166,987,4137,488,9536,898,4935,221,47814,603000000000
Misc Debtors1,058,169448,4022,872,590505,4681,393,3462,329,1881,233,8961,173,539573,35500002,68294
Cash3,719,6155,393,7571,676,3132,318,8112,895,6206,330,7645,085,0795,093,7643,681,3722,328,5412,782,8942,079,2451,803,1881,918,7161,290,257
misc current assets000000000000000
total current assets16,920,79214,301,99813,613,18110,286,04312,378,2159,647,2558,258,0067,542,2625,067,2964,334,3603,814,6833,077,0792,814,8932,469,6481,770,137
total assets16,945,95714,338,38513,650,27610,321,30812,419,29810,045,9519,622,8478,688,0796,182,6995,120,4564,223,5763,472,9763,214,8222,832,0552,139,440
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 602,626766,5521,343,387529,382618,255505,719646,5821,204,256624,0202,372,0981,939,6331,476,7461,326,5111,231,327935,930
Group/Directors Accounts880,307792,522396,232162,48943,6770090,00040,000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities3,518,4821,973,7613,792,6012,175,4535,259,6922,899,1712,868,3352,608,6711,665,718000000
total current liabilities5,001,4153,532,8355,532,2202,867,3245,921,6243,404,8903,514,9173,902,9272,329,7382,372,0981,939,6331,476,7461,326,5111,231,327935,930
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions1,5393,3012,8942,8943,5005,0005,0008,00010,0006,5004,0006,0005,0007,0000
total long term liabilities1,5393,3012,8942,8943,5005,0005,0008,00010,0006,5004,0006,0005,0007,0000
total liabilities5,002,9543,536,1365,535,1142,870,2185,925,1243,409,8903,519,9173,910,9272,339,7382,378,5981,943,6331,482,7461,331,5111,238,327935,930
net assets11,943,00310,802,2498,115,1627,451,0906,494,1746,636,0616,102,9304,777,1523,842,9612,741,8582,279,9431,990,2301,883,3111,593,7281,203,510
total shareholders funds11,943,00310,802,2498,115,1627,451,0906,494,1746,636,0616,102,9304,777,1523,842,9612,741,8582,279,9431,990,2301,883,3111,593,7281,203,510
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit693,9222,940,626814,8481,178,771-176,4862,239,7621,598,9701,156,7701,361,354571,924364,095130,977355,132533,9471,668,177
Depreciation17,3339062,0574,5167,0769,01744,35738,23238,20827,66716,56918,31216,81518,67120,689
Amortisation000000000000000
Tax340,055-338,700-155,770-224,4620-433,695-308,639-233,548-275,276-122,788-86,538-33,764-94,753-151,751-467,993
Stock000000000000000
Debtors4,292,936-3,028,6273,969,636-1,515,3636,166,104867,993724,4291,062,574-619,895974,03033,955-13,871460,77371,052479,880
Creditors-163,926-576,835814,005-88,873112,536-698,537-557,674580,236-1,748,078432,465462,887150,23595,184295,397935,930
Accruals and Deferred Income1,544,721-1,818,8401,617,148-3,084,2392,360,521290,500259,664942,9531,665,718000000
Deferred Taxes & Provisions-1,7624070-606-1,500-3,000-3,000-2,0003,5002,500-2,0001,000-2,0007,0000
Cash flow from operations-1,862,5933,236,191-877,348-699,530-3,863,957536,054309,2491,420,0691,665,321-62,262721,058280,631-90,395632,2121,676,923
Investing Activities
capital expenditure00-3,8871,302350,537472,328-310,452-21,539-129,837-404,870-29,565-14,280-54,337-11,775-389,992
Change in Investments00000-265,776-47,07147,107237,678000000
cash flow from investments00-3,8871,302350,537738,104-263,381-68,646-367,515-404,870-29,565-14,280-54,337-11,775-389,992
Financing Activities
Bank loans000000000000000
Group/Directors Accounts87,785396,290233,743118,81243,677-90,000-90,00050,00040,000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue0000010,00010,0000000019,9000100
interest106,77785,1614,9942,60734,59942,84225,44710,96915,02512,77912,1559,7069,3058,0223,226
cash flow from financing194,562481,451238,737121,41978,276-37,158-54,55360,96955,02512,77912,1559,70629,2058,0223,326
cash and cash equivalents
cash-1,674,1423,717,444-642,498-576,809-3,435,1441,237,000-8,6851,412,3921,352,831-454,353703,649276,057-115,528628,4591,290,257
overdraft000000000000000
change in cash-1,674,1423,717,444-642,498-576,809-3,435,1441,237,000-8,6851,412,3921,352,831-454,353703,649276,057-115,528628,4591,290,257

y.e.s. (your event solutions) 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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Y.e.s. (your Event Solutions) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for y.e.s. (your event solutions) limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in HX3 area or any other competitors across 12 key performance metrics.

y.e.s. (your event solutions) limited Ownership

Y.E.S. (YOUR EVENT SOLUTIONS) LIMITED group structure

Y.E.S. (Your Event Solutions) Limited has no subsidiary companies.

Ultimate parent company

INTERNOVA HOLDINGS LLC

#0129126

PROTRAVEL INTERNATIONAL LLC

#0064088

2 parents

Y.E.S. (YOUR EVENT SOLUTIONS) LIMITED

04368522

Y.E.S. (YOUR EVENT SOLUTIONS) LIMITED Shareholders

protravel international llc 100%

y.e.s. (your event solutions) limited directors

Y.E.S. (Your Event Solutions) Limited currently has 5 directors. The longest serving directors include Mr John O'Hara (Apr 2019) and Ms Helena Daras (Apr 2021).

officercountryagestartendrole
Mr John O'HaraUnited Kingdom49 years Apr 2019- Director
Ms Helena DarasUnited Kingdom45 years Apr 2021- Director
Mr Adekunle TaiwoEngland58 years Feb 2022- Director
Mrs Kelly-Marie StocksEngland47 years Nov 2022- Director
Mr Robert KlugEngland57 years Dec 2024- Director

P&L

December 2023

turnover

11.7m

-20%

operating profit

693.9k

-76%

gross margin

25.4%

-18.66%

turnover

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

Balance Sheet

December 2023

net assets

11.9m

+0.11%

total assets

16.9m

+0.18%

cash

3.7m

-0.31%

net assets

Total assets minus all liabilities

y.e.s. (your event solutions) limited company details

company number

04368522

Type

Private limited with Share Capital

industry

82302 - Activities of conference organizers

incorporation date

February 2002

age

23

incorporated

UK

ultimate parent company

INTERNOVA HOLDINGS LLC

accounts

Full Accounts

last accounts submitted

December 2023

previous names

philosophical developments limited (April 2002)

accountant

-

auditor

XEINADIN AUDIT LTD

address

solutions house halifax road, hipperholme, halifax, HX3 8ER

Bank

YORKSHIRE BANK PLC

Legal Advisor

-

y.e.s. (your event solutions) 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 found 4 charges/mortgages relating to y.e.s. (your event solutions) limited. Currently there are 3 open charges and 1 have been satisfied in the past.

y.e.s. (your event solutions) limited 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.

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y.e.s. (your event solutions) limited Companies House Filings - See Documents

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