openroom events ltd

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openroom events ltd Company Information

Share OPENROOM EVENTS LTD

Company Number

05304988

Directors

Emma Faure

Fiona Horan

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Shareholders

openroom holdings ltd

Group Structure

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Industry

Activities of conference organizers

 

Registered Address

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

openroom events ltd Estimated Valuation

£4.5m

Pomanda estimates the enterprise value of OPENROOM EVENTS LTD at £4.5m based on a Turnover of £4.9m and 0.92x industry multiple (adjusted for size and gross margin).

openroom events ltd Estimated Valuation

£8.1m

Pomanda estimates the enterprise value of OPENROOM EVENTS LTD at £8.1m based on an EBITDA of £1.5m and a 5.26x industry multiple (adjusted for size and gross margin).

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 Overview

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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Openroom Events Ltd Health Check

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 Check Image
Health Rating5out of 5
positive_score

8 Strong

positive_score

2 Regular

positive_score

1 Weak

size

Size

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

£4.9m - Openroom Events Ltd

£719.1k - Industry AVG

growth

Growth

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

92% - Openroom Events Ltd

10.8% - Industry AVG

production

Production

with a gross margin of 67.6%, this company has a lower cost of product (50%)

67.6% - Openroom Events Ltd

50% - Industry AVG

profitability

Profitability

an operating margin of 18.9% make it more profitable than the average company (7%)

18.9% - Openroom Events Ltd

7% - Industry AVG

employees

Employees

with 18 employees, this is above the industry average (7)

18 - Openroom Events Ltd

7 - Industry AVG

paystructure

Pay Structure

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

£45k - Openroom Events Ltd

£45k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £270k, this is more efficient (£129k)

£270k - Openroom Events Ltd

£129k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 53 days, this is near the average (46 days)

53 days - Openroom Events Ltd

46 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 26 days, this is quicker than average (31 days)

26 days - Openroom Events Ltd

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Openroom Events Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 52 weeks, this is more cash available to meet short term requirements (39 weeks)

52 weeks - Openroom Events Ltd

39 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 33.2%, this is a lower level of debt than the average (67.9%)

33.2% - Openroom Events Ltd

67.9% - Industry AVG

OPENROOM EVENTS LTD financials

EXPORTms excel logo

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 HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover4,859,6373,508,7052,158,109687,3311,299,123746,3482,272,4831,308,7991,277,4272,144,1131,282,6901,131,9831,337,336987,204
Other Income Or Grants
Cost Of Sales1,576,0001,137,0641,022,374341,028660,372441,4581,388,124769,700757,4351,252,206748,630605,547710,129512,680
Gross Profit3,283,6372,371,6411,135,734346,304638,751304,890884,360539,099519,992891,907534,060526,435627,207474,525
Admin Expenses2,365,782632,900280,037731,257727,010-170,262762,682311,842481,4431,103,989328,185209,547464,141277,849-145,108
Operating Profit917,8551,738,741855,697-384,953-88,259475,152121,678227,25738,549-212,082205,875316,888163,066196,676145,108
Interest Payable310
Interest Receivable2,7458418,7758,1284,5162,0443,3773,8294,1253,0372,1621,326363
Pre-Tax Profit917,8551,738,431858,442-384,112-79,484483,280126,194229,30141,926-208,253210,000319,925165,228198,003145,471
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 Tax640,9921,400,899695,338-384,112-79,484391,457102,217183,44133,541-208,253161,700243,143122,269142,562104,739
Dividends Paid2,200,000139,000
Retained Profit-1,559,0081,261,899695,338-384,112-79,484391,457102,217183,44133,541-208,253161,700243,143122,269142,562104,739
Employee Costs809,462666,059447,216504,760703,679317,014414,768437,229441,360730,068477,828376,821464,997335,202
Number Of Employees18141013151110101017119108
EBITDA*1,536,4841,744,827870,640-384,953-83,157477,645123,969230,26641,559-209,243207,759318,622164,074197,277145,419

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets4,49123,387123,68224,86224,98614,3709,8489,1659,37511,4168,8536,2736,1701,800931
Intangible Assets8,657,887
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets8,662,37823,387123,68224,86224,98614,3709,8489,1659,37511,4168,8536,2736,1701,800931
Stock & work in progress
Trade Debtors708,898763,079531,53158,680139,20867,154326,383234,491229,990305,814178,420154,160150,083136,833126,032
Group Debtors332,854
Misc Debtors619,854636,057187,903525,255267,234236,823109,387148,95236,024
Cash1,899,5372,902,2901,590,090605,7381,077,1011,263,009904,546901,737733,660617,121914,291735,574479,301385,453145,072
misc current assets
total current assets3,561,1434,301,4262,309,5241,189,6731,483,5431,566,9861,340,3161,285,180999,674922,9351,092,711889,734629,384522,286271,104
total assets12,223,5214,324,8132,433,2061,214,5351,508,5291,581,3561,350,1641,294,3451,009,049934,3511,101,564896,007635,554524,086272,035
Bank overdraft
Bank loan
Trade Creditors 114,759135,9303,0095631060017,315841368,091327,051283,194265,884276,685167,196
Group/Directors Accounts126,227
other short term finances
hp & lease commitments
other current liabilities1,649,2661,413,821898,022400,652311,087303,840464,705493,788408,407
total current liabilities1,890,2521,549,751901,031401,215311,097304,440464,705511,103409,248368,091327,051283,194265,884276,685167,196
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions2,164,4724,48723,499
total long term liabilities2,164,4724,48723,499
total liabilities4,054,7241,554,238924,530401,215311,097304,440464,705511,103409,248368,091327,051283,194265,884276,685167,196
net assets8,168,7972,770,5751,508,676813,3201,197,4321,276,916885,459783,242599,801566,260774,513612,813369,670247,401104,839
total shareholders funds8,168,7972,770,5751,508,676813,3201,197,4321,276,916885,459783,242599,801566,260774,513612,813369,670247,401104,839
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit917,8551,738,741855,697-384,953-88,259475,152121,678227,25738,549-212,082205,875316,888163,066196,676145,108
Depreciation6,08614,9435,1022,4932,2913,0093,0102,8391,8841,7341,008601311
Amortisation618,629
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
Debtors262,470679,702135,499177,493102,465-131,79352,327117,429-39,800127,39424,2604,07713,25010,801126,032
Creditors-21,171132,9212,446553-590600-17,31516,474-367,25041,04043,85717,310-10,801109,489167,196
Accruals and Deferred Income235,445515,799497,37089,5657,247-160,865-29,08385,381408,407
Deferred Taxes & Provisions2,159,985-19,01223,499
Cash flow from operations3,371,4101,357,3011,095,352-472,328-178,965357,3501,267168,832114,131-295,597179,056255,07397,064240,524145,851
Investing Activities
capital expenditure-9,257,62094,209-113,763124-15,718-7,015-2,974-2,799-969-5,402-4,464-1,837-5,378-1,470-1,242
Change in Investments
cash flow from investments-9,257,62094,209-113,763124-15,718-7,015-2,974-2,799-969-5,402-4,464-1,837-5,378-1,470-1,242
Financing Activities
Bank loans
Group/Directors Accounts126,227
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue6,957,23018100
interest-3102,7458418,7758,1284,5162,0443,3773,8294,1253,0372,1621,326363
cash flow from financing7,083,457-3102,7638418,7758,1284,5162,0443,3773,8294,1253,0372,1621,326463
cash and cash equivalents
cash-1,002,7531,312,200984,352-471,363-185,908358,4632,809168,077116,539-297,170178,717256,27393,848240,381145,072
overdraft
change in cash-1,002,7531,312,200984,352-471,363-185,908358,4632,809168,077116,539-297,170178,717256,27393,848240,381145,072

openroom events ltd 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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Openroom Events Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for openroom events ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in W 6 area or any other competitors across 12 key performance metrics.

openroom events ltd Ownership

OPENROOM EVENTS LTD group structure

Openroom Events Ltd has no subsidiary companies.

Ultimate parent company

2 parents

OPENROOM EVENTS LTD

05304988

OPENROOM EVENTS LTD Shareholders

openroom holdings ltd 100%

openroom events ltd directors

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

officercountryagestartendrole
Ms Emma FaureEngland57 years Jan 2005- Director
Dr Fiona HoranUnited Kingdom61 years Jan 2005- Director
Ms Suzanne King62 years Jan 2023- Director
Mr Matthew Butler50 years Jan 2023- Director
Mr Gareth BowhillEngland42 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

openroom events ltd company details

company number

05304988

Type

Private limited with Share Capital

industry

82302 - Activities of conference organizers

incorporation date

December 2004

age

21

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

oneroom ltd (February 2009)

downstream events ltd (December 2008)

accountant

-

auditor

-

address

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

Bank

-

Legal Advisor

-

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

openroom events ltd 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 OPENROOM EVENTS LTD. This can take several minutes, an email will notify you when this has completed.

openroom events ltd Companies House Filings - See Documents

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