Openroom Events Ltd

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openroom events ltd Company Information

Company Number

05304988

Next Accounts

Sep 2025

Directors

Emma Faure

Fiona Horan

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Shareholders

openroom holdings ltd

Group Structure

View All

Industry

Activities of conference organizers

Registered Address

3rd floor, the foundry, 77 fulham palace road, london, W6 8JA

Website

www.openroomevents.com

openroom events ltd Estimated Valuation

£12.6m

Pomanda estimates the enterprise value of OPENROOM EVENTS LTD at £12.6m based on Net Assets of £8.2m and 1.55x industry multiple (adjusted for liquidity).

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Openroom Events Ltd is a live company located in london, W6 8JA with a Companies House number of 05304988. It operates in the activities of conference organisers sector, SIC Code 82302. Founded in December 2004, it's largest shareholder is openroom holdings ltd with a 100% stake. Openroom Events Ltd is a mature, small sized company, Pomanda has estimated its turnover at £4.9m with rapid growth in recent years.

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Pomanda's financial health check has awarded Openroom Events Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 1 areas for improvement. Company Health Check FAQs

Health Rating5out of 5

8 Strong

2 Regular

1 Weak

Size

annual sales of £4.9m, make it larger than the average company (£719.1k)

Growth

3 year (CAGR) sales growth of 92%, show it is growing at a faster rate (10.8%)

EXPORT

Openroom Events Ltd's latest turnover from December 2023 is £4.9 million and the company has net assets of £8.2 million. According to their latest financial statements, Openroom Events Ltd has 18 employees and maintains cash reserves of £1.9 million as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Turnover	4,859,637	3,508,705	2,158,109	687,331	1,299,123	746,348	2,272,483	1,308,799	1,277,427	2,144,113	1,282,690	1,131,983	1,337,336	987,204
Other Income Or Grants
Cost Of Sales	1,576,000	1,137,064	1,022,374	341,028	660,372	441,458	1,388,124	769,700	757,435	1,252,206	748,630	605,547	710,129	512,680
Gross Profit	3,283,637	2,371,641	1,135,734	346,304	638,751	304,890	884,360	539,099	519,992	891,907	534,060	526,435	627,207	474,525
Admin Expenses	2,365,782	632,900	280,037	731,257	727,010	-170,262	762,682	311,842	481,443	1,103,989	328,185	209,547	464,141	277,849	-145,108
Operating Profit	917,855	1,738,741	855,697	-384,953	-88,259	475,152	121,678	227,257	38,549	-212,082	205,875	316,888	163,066	196,676	145,108
Interest Payable		310
Interest Receivable			2,745	841	8,775	8,128	4,516	2,044	3,377	3,829	4,125	3,037	2,162	1,326	363
Pre-Tax Profit	917,855	1,738,431	858,442	-384,112	-79,484	483,280	126,194	229,301	41,926	-208,253	210,000	319,925	165,228	198,003	145,471
Tax	-276,863	-337,532	-163,104			-91,823	-23,977	-45,860	-8,385		-48,300	-76,782	-42,959	-55,441	-40,732
Profit After Tax	640,992	1,400,899	695,338	-384,112	-79,484	391,457	102,217	183,441	33,541	-208,253	161,700	243,143	122,269	142,562	104,739
Dividends Paid	2,200,000	139,000
Retained Profit	-1,559,008	1,261,899	695,338	-384,112	-79,484	391,457	102,217	183,441	33,541	-208,253	161,700	243,143	122,269	142,562	104,739
Employee Costs	809,462	666,059	447,216	504,760	703,679	317,014	414,768	437,229	441,360	730,068	477,828	376,821	464,997	335,202
Number Of Employees	18	14	10	13	15	11	10	10	10	17	11	9	10	8
EBITDA*	1,536,484	1,744,827	870,640	-384,953	-83,157	477,645	123,969	230,266	41,559	-209,243	207,759	318,622	164,074	197,277	145,419

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Tangible Assets	4,491	23,387	123,682	24,862	24,986	14,370	9,848	9,165	9,375	11,416	8,853	6,273	6,170	1,800	931
Intangible Assets	8,657,887
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets	8,662,378	23,387	123,682	24,862	24,986	14,370	9,848	9,165	9,375	11,416	8,853	6,273	6,170	1,800	931
Stock & work in progress
Trade Debtors	708,898	763,079	531,531	58,680	139,208	67,154	326,383	234,491	229,990	305,814	178,420	154,160	150,083	136,833	126,032
Group Debtors	332,854
Misc Debtors	619,854	636,057	187,903	525,255	267,234	236,823	109,387	148,952	36,024
Cash	1,899,537	2,902,290	1,590,090	605,738	1,077,101	1,263,009	904,546	901,737	733,660	617,121	914,291	735,574	479,301	385,453	145,072
misc current assets
total current assets	3,561,143	4,301,426	2,309,524	1,189,673	1,483,543	1,566,986	1,340,316	1,285,180	999,674	922,935	1,092,711	889,734	629,384	522,286	271,104
total assets	12,223,521	4,324,813	2,433,206	1,214,535	1,508,529	1,581,356	1,350,164	1,294,345	1,009,049	934,351	1,101,564	896,007	635,554	524,086	272,035
Bank overdraft
Bank loan
Trade Creditors	114,759	135,930	3,009	563	10	600		17,315	841	368,091	327,051	283,194	265,884	276,685	167,196
Group/Directors Accounts	126,227
other short term finances
hp & lease commitments
other current liabilities	1,649,266	1,413,821	898,022	400,652	311,087	303,840	464,705	493,788	408,407
total current liabilities	1,890,252	1,549,751	901,031	401,215	311,097	304,440	464,705	511,103	409,248	368,091	327,051	283,194	265,884	276,685	167,196
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions	2,164,472	4,487	23,499
total long term liabilities	2,164,472	4,487	23,499
total liabilities	4,054,724	1,554,238	924,530	401,215	311,097	304,440	464,705	511,103	409,248	368,091	327,051	283,194	265,884	276,685	167,196
net assets	8,168,797	2,770,575	1,508,676	813,320	1,197,432	1,276,916	885,459	783,242	599,801	566,260	774,513	612,813	369,670	247,401	104,839
total shareholders funds	8,168,797	2,770,575	1,508,676	813,320	1,197,432	1,276,916	885,459	783,242	599,801	566,260	774,513	612,813	369,670	247,401	104,839

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Operating Activities
Operating Profit	917,855	1,738,741	855,697	-384,953	-88,259	475,152	121,678	227,257	38,549	-212,082	205,875	316,888	163,066	196,676	145,108
Depreciation		6,086	14,943		5,102	2,493	2,291	3,009	3,010	2,839	1,884	1,734	1,008	601	311
Amortisation	618,629
Tax	-276,863	-337,532	-163,104			-91,823	-23,977	-45,860	-8,385		-48,300	-76,782	-42,959	-55,441	-40,732
Stock
Debtors	262,470	679,702	135,499	177,493	102,465	-131,793	52,327	117,429	-39,800	127,394	24,260	4,077	13,250	10,801	126,032
Creditors	-21,171	132,921	2,446	553	-590	600	-17,315	16,474	-367,250	41,040	43,857	17,310	-10,801	109,489	167,196
Accruals and Deferred Income	235,445	515,799	497,370	89,565	7,247	-160,865	-29,083	85,381	408,407
Deferred Taxes & Provisions	2,159,985	-19,012	23,499
Cash flow from operations	3,371,410	1,357,301	1,095,352	-472,328	-178,965	357,350	1,267	168,832	114,131	-295,597	179,056	255,073	97,064	240,524	145,851
Investing Activities
capital expenditure	-9,257,620	94,209	-113,763	124	-15,718	-7,015	-2,974	-2,799	-969	-5,402	-4,464	-1,837	-5,378	-1,470	-1,242
Change in Investments
cash flow from investments	-9,257,620	94,209	-113,763	124	-15,718	-7,015	-2,974	-2,799	-969	-5,402	-4,464	-1,837	-5,378	-1,470	-1,242
Financing Activities
Bank loans
Group/Directors Accounts	126,227
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue	6,957,230		18												100
interest		-310	2,745	841	8,775	8,128	4,516	2,044	3,377	3,829	4,125	3,037	2,162	1,326	363
cash flow from financing	7,083,457	-310	2,763	841	8,775	8,128	4,516	2,044	3,377	3,829	4,125	3,037	2,162	1,326	463
cash and cash equivalents
cash	-1,002,753	1,312,200	984,352	-471,363	-185,908	358,463	2,809	168,077	116,539	-297,170	178,717	256,273	93,848	240,381	145,072
overdraft
change in cash	-1,002,753	1,312,200	984,352	-471,363	-185,908	358,463	2,809	168,077	116,539	-297,170	178,717	256,273	93,848	240,381	145,072

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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OPENROOM EVENTS LTD group structure

Openroom Events Ltd has no subsidiary companies.

Ultimate parent company

CLOSERSTILL GROUP LIMITED

11703504

OPENROOM HOLDINGS LTD

11711316

2 parents

OPENROOM EVENTS LTD

05304988

OPENROOM EVENTS LTD Shareholders

openroom holdings ltd

100%

Openroom Events Ltd currently has 5 directors. The longest serving directors include Ms Emma Faure (Jan 2005) and Dr Fiona Horan (Jan 2005).

officer	country	age	start	end	role
Ms Emma Faure	England	57 years	Jan 2005	-	Director
Dr Fiona Horan	United Kingdom	61 years	Jan 2005	-	Director
Ms Suzanne King		62 years	Jan 2023	-	Director
Mr Matthew Butler		50 years	Jan 2023	-	Director
Mr Gareth Bowhill	England	42 years	Jan 2023	-	Director

P&L

December 2023

turnover

4.9m

+39%

operating profit

917.9k

-47%

gross margin

67.6%

-0.03%

turnover

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

Balance Sheet

December 2023

net assets

8.2m

+1.95%

total assets

12.2m

+1.83%

cash

1.9m

-0.35%

net assets

Total assets minus all liabilities

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company number

05304988

Type

Private limited with Share Capital

industry

82302 - Activities of conference organizers

incorporation date

December 2004

ultimate parent company

CLOSERSTILL GROUP LIMITED

previous names

oneroom ltd (February 2009)

downstream events ltd (December 2008)

address

3rd floor, the foundry, 77 fulham palace road, london, W6 8JA

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 2 charges/mortgages relating to openroom events ltd. Currently there are 2 open charges and 0 have been satisfied in the past.

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openroom events ltd Company Information

openroom events ltd Estimated Valuation

openroom events ltd Estimated Valuation

openroom events ltd Estimated Valuation

Openroom Events Ltd Overview

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OPENROOM EVENTS LTD financials

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