origin events limited

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origin events limited Company Information

Share ORIGIN EVENTS LIMITED

Company Number

05048518

Shareholders

nominee of university of surrey students union

Group Structure

View All

Industry

Activities of head offices

 

Registered Address

5th floor, r+ building, 2, blagrave street, reading, RG1 1AZ

origin events limited Estimated Valuation

£917.6k

Pomanda estimates the enterprise value of ORIGIN EVENTS LIMITED at £917.6k based on a Turnover of £1.2m and 0.74x industry multiple (adjusted for size and gross margin).

origin events limited Estimated Valuation

£845.5k

Pomanda estimates the enterprise value of ORIGIN EVENTS LIMITED at £845.5k based on an EBITDA of £144.2k and a 5.87x industry multiple (adjusted for size and gross margin).

origin events limited Estimated Valuation

£303.6k

Pomanda estimates the enterprise value of ORIGIN EVENTS LIMITED at £303.6k based on Net Assets of £144.2k and 2.11x industry multiple (adjusted for liquidity).

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Origin Events Limited Overview

Origin Events Limited is a live company located in reading, RG1 1AZ with a Companies House number of 05048518. It operates in the activities of head offices sector, SIC Code 70100. Founded in February 2004, it's largest shareholder is nominee of university of surrey students union with a 100% stake. Origin Events Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.2m with healthy growth in recent years.

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Origin Events Limited Health Check

Pomanda's financial health check has awarded Origin Events Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £1.2m, make it smaller than the average company (£19.8m)

£1.2m - Origin Events Limited

£19.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (5.4%)

8% - Origin Events Limited

5.4% - Industry AVG

production

Production

with a gross margin of 63.2%, this company has a lower cost of product (33.1%)

63.2% - Origin Events Limited

33.1% - Industry AVG

profitability

Profitability

an operating margin of 11.7% make it more profitable than the average company (5.8%)

11.7% - Origin Events Limited

5.8% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (110)

2 - Origin Events Limited

110 - Industry AVG

paystructure

Pay Structure

on an average salary of £47.3k, the company has an equivalent pay structure (£47.3k)

£47.3k - Origin Events Limited

£47.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £618.8k, this is more efficient (£197.5k)

£618.8k - Origin Events Limited

£197.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 30 days, this is earlier than average (46 days)

30 days - Origin Events Limited

46 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 36 days, this is quicker than average (44 days)

36 days - Origin Events Limited

44 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 30 days, this is less than average (49 days)

30 days - Origin Events Limited

49 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 49 weeks, this is more cash available to meet short term requirements (16 weeks)

49 weeks - Origin Events Limited

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 54.5%, this is a similar level of debt than the average (56.1%)

54.5% - Origin Events Limited

56.1% - Industry AVG

ORIGIN EVENTS LIMITED financials

EXPORTms excel logo

Origin Events Limited's latest turnover from July 2023 is £1.2 million and the company has net assets of £144.2 thousand. According to their latest financial statements, Origin Events Limited has 2 employees and maintains cash reserves of £163.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Turnover1,237,5661,622,897997,678978,4401,573,4561,413,2001,274,1521,286,3721,121,4661,315,202964,5681,420,76344,81336,17131,344
Other Income Or Grants
Cost Of Sales454,904582,788325,376333,320641,463563,699483,763481,153360,667472,876675,260463,43525,04730
Gross Profit782,6621,040,109672,302645,120931,993849,501790,389805,219760,799842,326289,308957,32844,81311,12431,314
Admin Expenses638,510773,166880,645536,159633,878556,851504,100804,321760,961842,831289,823957,43344,94111,25131,369
Operating Profit144,152266,943-208,343108,961298,115292,650286,289898-162-505-515-105-128-127-55
Interest Payable
Interest Receivable515
Pre-Tax Profit144,152266,943-208,343108,961298,115292,650286,289898
Tax-179
Profit After Tax144,152266,943-208,343108,961298,115292,650286,289719
Dividends Paid
Retained Profit144,152266,943-317,304-189,1545,465292,650286,289719
Employee Costs94,66188,293288,47183,34182,47480,024348,125327,402284,166311,980241,773340,76833,53933,089
Number Of Employees227222998971011
EBITDA*144,152266,943-208,343108,961298,115292,650286,289898-162-505-515-105-128-127-55

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress38,22937,82156,89333,91625,54729,33825,04128,86922,23625,76943,44729,321
Trade Debtors102,93638,80717,29837,92152,64050,21481,458100,50263,94980,97899,95387,09428,8576,7998,708
Group Debtors
Misc Debtors12,41345,95336,1711,02536,3151,1868,23584612,258
Cash163,347228,576335,374305,518391,913469,761180,5704,90548,46016,320185,76420,05122,07828,98621,907
misc current assets
total current assets316,925351,157445,736378,380506,415550,499295,304135,122146,903123,067329,164136,46650,93535,78530,615
total assets316,925351,157445,736378,380506,415550,499295,304135,122146,903123,067329,164136,46650,93535,78530,615
Bank overdraft
Bank loan
Trade Creditors 44,95498,84264,5003,78534,49837,96437,93920,6757,14242,225329,88250,751
Group/Directors Accounts114,583185,714581,618256,870155,503205,497250,269114,267132,28663,57065,13142,71630,45026,772
other short term finances
hp & lease commitments
other current liabilities13,2358,0007,9608,76318,29814,3877,0951798,19317,99021,3028,9376,0534,561
total current liabilities172,772292,556654,078269,418208,299257,848295,303135,121147,621123,785329,882137,18451,65336,50331,333
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities172,772292,556654,078269,418208,299257,848295,303135,121147,621123,785329,882137,18451,65336,50331,333
net assets144,15358,601-208,342108,962298,116292,65111-718-718-718-718-718-718-718
total shareholders funds144,15358,601-208,342108,962298,116292,65111-718-718-718-718-718-718-718
Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Operating Activities
Operating Profit144,152266,943-208,343108,961298,115292,650286,289898-162-505-515-105-128-127-55
Depreciation
Amortisation
Tax-179
Stock408-19,07222,9778,369-3,7914,297-3,8286,633-3,533-17,67814,12629,321
Debtors30,58931,29114,523-50,00937,555-38,293-11,65525,141-4,771-18,97512,85958,23722,058-1,9098,708
Creditors-53,88834,34260,715-30,713-3,4662517,26413,533-35,083-287,657279,13150,751
Accruals and Deferred Income5,23540-803-9,5353,9117,2926,916-8,014-9,79717,990-21,30212,3652,8841,4924,561
Deferred Taxes & Provisions
Cash flow from operations64,502289,106-185,931110,353264,796333,963325,952-25,536-36,738-233,519230,329-24,547-19,3023,274-4,202
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts-71,131-395,904324,748101,367-49,994-44,772136,002-18,01968,71663,570-65,13122,41512,2663,67826,772
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-58,600-286,289-718
interest515
cash flow from financing-129,731-395,904324,748101,367-49,994-44,772-150,287-18,01968,71663,570-64,61622,41512,2663,67826,054
cash and cash equivalents
cash-65,229-106,79829,856-86,395-77,848289,191175,665-43,55532,140-169,444165,713-2,027-6,9087,07921,907
overdraft
change in cash-65,229-106,79829,856-86,395-77,848289,191175,665-43,55532,140-169,444165,713-2,027-6,9087,07921,907

origin events 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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Origin Events Limited Competitor Analysis

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Perform a competitor analysis for origin events limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in RG1 area or any other competitors across 12 key performance metrics.

origin events limited Ownership

ORIGIN EVENTS LIMITED group structure

Origin Events Limited has no subsidiary companies.

Ultimate parent company

ORIGIN EVENTS LIMITED

05048518

ORIGIN EVENTS LIMITED Shareholders

nominee of university of surrey students union 100%

origin events limited directors

Origin Events Limited currently has 2 directors. The longest serving directors include Ms Debra Rideout (Jan 2014) and Ms Katherine Phillips (Feb 2022).

officercountryagestartendrole
Ms Debra Rideout63 years Jan 2014- Director
Ms Katherine PhillipsEngland40 years Feb 2022- Director

P&L

July 2023

turnover

1.2m

-24%

operating profit

144.2k

-46%

gross margin

63.3%

-1.32%

turnover

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

Balance Sheet

July 2023

net assets

144.2k

+1.46%

total assets

316.9k

-0.1%

cash

163.3k

-0.29%

net assets

Total assets minus all liabilities

origin events limited company details

company number

05048518

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

February 2004

age

21

incorporated

UK

ultimate parent company

None

accounts

Small Company

last accounts submitted

July 2023

previous names

N/A

accountant

-

auditor

CROWE U.K. LLP

address

5th floor, r+ building, 2, blagrave street, reading, RG1 1AZ

Bank

-

Legal Advisor

-

origin events 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 origin events limited.

origin events 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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origin events limited Companies House Filings - See Documents

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