the plough arts centre limited
the plough arts centre limited Company Information
Company Number
04404875
Registered Address
9-11 fore street, torrington, devon, EX38 8HQ
Industry
Operation of arts facilities
Artistic creation
Telephone
01805624624
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
-0%
the plough arts centre limited Estimated Valuation
Pomanda estimates the enterprise value of THE PLOUGH ARTS CENTRE LIMITED at £166.9k based on a Turnover of £470.7k and 0.35x industry multiple (adjusted for size and gross margin).
the plough arts centre limited Estimated Valuation
Pomanda estimates the enterprise value of THE PLOUGH ARTS CENTRE LIMITED at £0 based on an EBITDA of £-115.1k and a 2.4x industry multiple (adjusted for size and gross margin).
the plough arts centre limited Estimated Valuation
Pomanda estimates the enterprise value of THE PLOUGH ARTS CENTRE LIMITED at £241.8k based on Net Assets of £139.5k and 1.73x industry multiple (adjusted for liquidity).
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The Plough Arts Centre Limited Overview
The Plough Arts Centre Limited is a live company located in devon, EX38 8HQ with a Companies House number of 04404875. It operates in the performing arts sector, SIC Code 90010. Founded in March 2002, it's largest shareholder is unknown. The Plough Arts Centre Limited is a mature, micro sized company, Pomanda has estimated its turnover at £470.7k with declining growth in recent years.
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The Plough Arts Centre Limited Health Check
Pomanda's financial health check has awarded The Plough Arts Centre Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £470.7k, make it larger than the average company (£358.5k)
£470.7k - The Plough Arts Centre Limited
£358.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (2.4%)
-14% - The Plough Arts Centre Limited
2.4% - Industry AVG
Production
with a gross margin of 44.7%, this company has a comparable cost of product (44.7%)
44.7% - The Plough Arts Centre Limited
44.7% - Industry AVG
Profitability
an operating margin of -29% make it less profitable than the average company (5.2%)
-29% - The Plough Arts Centre Limited
5.2% - Industry AVG
Employees
with 24 employees, this is above the industry average (7)
24 - The Plough Arts Centre Limited
7 - Industry AVG
Pay Structure
on an average salary of £8.2k, the company has a lower pay structure (£24.9k)
£8.2k - The Plough Arts Centre Limited
£24.9k - Industry AVG
Efficiency
resulting in sales per employee of £19.6k, this is less efficient (£65.5k)
£19.6k - The Plough Arts Centre Limited
£65.5k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (12 days)
7 days - The Plough Arts Centre Limited
12 days - Industry AVG
Creditor Days
its suppliers are paid after 63 days, this is slower than average (28 days)
63 days - The Plough Arts Centre Limited
28 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (16 days)
2 days - The Plough Arts Centre Limited
16 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 73 weeks, this is less cash available to meet short term requirements (128 weeks)
73 weeks - The Plough Arts Centre Limited
128 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 49.7%, this is a higher level of debt than the average (23.6%)
49.7% - The Plough Arts Centre Limited
23.6% - Industry AVG
THE PLOUGH ARTS CENTRE LIMITED financials
The Plough Arts Centre Limited's latest turnover from March 2023 is £470.7 thousand and the company has net assets of £139.5 thousand. According to their latest financial statements, The Plough Arts Centre Limited has 24 employees and maintains cash reserves of £193.5 thousand 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 | 470,689 | 476,676 | 533,403 | 748,139 | 663,622 | 715,280 | 590,380 | 537,218 | 514,279 | 599,943 | 565,299 | 680,046 | 514,418 | 392,026 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | 0 | |||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 7,786 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -127,124 | -105,489 | 163,901 | 37,477 | -56,052 | 60,395 | 37,902 | 1,560 | 32,779 | 1,992 | 1,824 | -13,953 | 699 | -31,585 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -127,124 | -105,489 | 163,901 | 37,477 | -56,052 | 60,395 | 37,902 | 1,560 | 32,779 | 1,992 | 1,824 | -13,953 | 699 | -31,585 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -127,124 | -105,489 | 163,901 | 37,477 | -56,052 | 60,395 | 37,902 | 1,560 | 32,779 | 1,992 | 1,824 | -13,953 | 699 | -31,585 |
| Employee Costs | 196,881 | 200,119 | 184,217 | 249,098 | 254,348 | 210,557 | 191,333 | 180,105 | 172,930 | 205,805 | 195,438 | 208,276 | 165,810 | 107,707 |
| Number Of Employees | 24 | 20 | 14 | 17 | 17 | 17 | 14 | 14 | 14 | 26 | 24 | 27 | 25 | 5 |
| EBITDA* | 33,599 |
* 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 | 39,108 | 58,636 | 53,807 | 74,204 | 77,585 | 90,638 | 80,037 | 79,907 | 76,290 | 77,810 | 24,763 | 35,446 | 49,290 | 48,279 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 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 | 39,109 | 58,637 | 53,808 | 74,205 | 77,586 | 90,639 | 80,038 | 79,908 | 76,291 | 77,810 | 24,763 | 35,446 | 49,290 | 48,279 |
| Stock & work in progress | 1,543 | 10,205 | 2,807 | 3,060 | 2,271 | 1,682 | 3,970 | 2,771 | 5,440 | 5,952 | 7,598 | 7,598 | 6,524 | 3,838 |
| Trade Debtors | 9,263 | 1,650 | 114 | 8,993 | 13,924 | 30,139 | 13,214 | 9,090 | 9,487 | 9,133 | 10,110 | 14,078 | 29,370 | 22,262 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 8,364 | 15,720 | 8,007 | 8,007 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 33,943 | 46,666 | 54,715 | 56,308 | 43,852 | 1,768 | 4,011 | 0 | 6,001 | 2,677 | 0 | 2,500 | 27,988 | 1,310 |
| Cash | 193,483 | 257,459 | 344,181 | 146,689 | 161,431 | 195,969 | 149,875 | 92,074 | 73,404 | 94,644 | 109,509 | 71,702 | 64,879 | 51,658 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 238,232 | 315,980 | 401,817 | 215,050 | 221,478 | 237,922 | 186,790 | 111,942 | 102,339 | 112,406 | 127,217 | 95,878 | 128,761 | 79,068 |
| total assets | 277,341 | 374,617 | 455,625 | 289,255 | 299,064 | 328,561 | 266,828 | 191,850 | 178,630 | 190,216 | 151,980 | 131,324 | 178,051 | 127,347 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,301 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 45,112 | 35,423 | 16,554 | 19,569 | 47,493 | 25,611 | 31,729 | 12,589 | 10,995 | 67,203 | 15,835 | 5,467 | 15,084 | 3,803 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 92,680 | 72,521 | 66,909 | 61,425 | 80,787 | 76,114 | 68,658 | 50,724 | 40,655 | 31,255 | 46,378 | 37,914 | 61,071 | 16,045 |
| total current liabilities | 137,792 | 107,944 | 83,463 | 80,994 | 128,280 | 101,725 | 100,387 | 63,313 | 51,650 | 98,458 | 62,213 | 43,381 | 76,155 | 26,149 |
| 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 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 137,792 | 107,944 | 83,463 | 80,994 | 128,280 | 101,725 | 100,387 | 63,313 | 51,650 | 98,458 | 62,213 | 43,381 | 76,155 | 26,149 |
| net assets | 139,549 | 266,673 | 372,162 | 208,261 | 170,784 | 226,836 | 166,441 | 128,537 | 126,980 | 91,758 | 89,767 | 87,943 | 101,896 | 101,198 |
| total shareholders funds | 139,549 | 266,673 | 372,162 | 208,261 | 170,784 | 226,836 | 166,441 | 128,537 | 126,980 | 91,758 | 89,767 | 87,943 | 101,896 | 101,198 |
| 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 | 0 | |||||||||||||
| Depreciation | 21,607 | 29,588 | 25,521 | 26,052 | 33,599 | 32,148 | 25,180 | 21,584 | 19,242 | 27,145 | 15,442 | 17,559 | 15,424 | 13,604 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | -8,662 | 7,398 | -253 | 789 | 589 | -2,288 | 1,199 | -2,669 | -512 | -1,646 | 0 | 1,074 | 2,686 | 3,838 |
| Debtors | -5,110 | -6,513 | -10,472 | 7,525 | 17,505 | 7,326 | 15,848 | -6,398 | 11,685 | 1,700 | -6,468 | -40,780 | 33,786 | 23,572 |
| Creditors | 9,689 | 18,869 | -3,015 | -27,924 | 21,882 | -6,118 | 19,140 | 1,594 | -56,208 | 51,368 | 10,368 | -9,617 | 11,281 | 3,803 |
| Accruals and Deferred Income | 20,159 | 5,612 | 5,484 | -19,362 | 4,673 | 7,456 | 17,934 | 10,069 | 9,400 | -15,123 | 8,464 | -23,157 | 45,026 | 16,045 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 42,060 | |||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -25,200 | -17,722 | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | -25,200 | -17,723 | |||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | -7,786 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 0 | 0 | 0 | 0 | -7,786 | 0 | 2 | -3 | 2,443 | -1 | 0 | 0 | -1 | 132,783 |
| cash and cash equivalents | ||||||||||||||
| cash | -63,976 | -86,722 | 197,492 | -14,742 | -34,538 | 46,094 | 57,801 | 18,670 | -21,240 | -14,865 | 37,807 | 6,823 | 13,221 | 51,658 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -6,301 | 6,301 |
| change in cash | -63,976 | -86,722 | 197,492 | -14,742 | -34,538 | 46,094 | 57,801 | 18,670 | -21,240 | -14,865 | 37,807 | 6,823 | 19,522 | 45,357 |
the plough arts centre limited Credit Report and Business Information
The Plough Arts Centre Limited Competitor Analysis
Perform a competitor analysis for the plough arts centre limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in EX38 area or any other competitors across 12 key performance metrics.
the plough arts centre limited Ownership
THE PLOUGH ARTS CENTRE LIMITED group structure
The Plough Arts Centre Limited has 1 subsidiary company.
Ultimate parent company
THE PLOUGH ARTS CENTRE LIMITED
04404875
1 subsidiary
the plough arts centre limited directors
The Plough Arts Centre Limited currently has 8 directors. The longest serving directors include Mr Desmond Maisey (May 2017) and Mr David Sheppard (Nov 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Desmond Maisey | 84 years | May 2017 | - | Director | |
| Mr David Sheppard | 56 years | Nov 2020 | - | Director | |
| Mrs Penelope Maisey | 81 years | Nov 2020 | - | Director | |
| Mr Mark Taylor | England | 64 years | Nov 2021 | - | Director |
| Dr Caroline Hardiman | 63 years | Jul 2023 | - | Director | |
| Mrs Margaret Stevens | 65 years | Nov 2023 | - | Director | |
| Miss Deborah Kent | 48 years | Nov 2023 | - | Director | |
| Mrs Melanie Richardson | 70 years | Nov 2023 | - | Director |
P&L
March 2023turnover
470.7k
-1%
operating profit
-136.7k
0%
gross margin
44.8%
-2.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
139.5k
-0.48%
total assets
277.3k
-0.26%
cash
193.5k
-0.25%
net assets
Total assets minus all liabilities
the plough arts centre limited company details
company number
04404875
Type
Private Ltd By Guarantee w/o Share Cap
industry
90040 - Operation of arts facilities
90030 - Artistic creation
90010 - Performing arts
incorporation date
March 2002
age
22
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
9-11 fore street, torrington, devon, EX38 8HQ
accountant
EDWARD MEARDON
auditor
-
the plough arts centre 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 did not find charges/mortgages relating to the plough arts centre limited.
the plough arts centre limited Companies House Filings - See Documents
| date | description | view/download |
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