oval events holdings limited
oval events holdings limited Company Information
Company Number
06316660
Website
https://www.surreyccc.co.ukRegistered Address
the oval kennington, london, SE11 5SS
Industry
Event catering activities
Telephone
-
Next Accounts Due
October 2025
Group Structure
View All
Shareholders
kennington oval ltd 62.5%
compass contract services 37.5%
oval events holdings limited Estimated Valuation
Pomanda estimates the enterprise value of OVAL EVENTS HOLDINGS LIMITED at £38.8m based on a Turnover of £34.9m and 1.11x industry multiple (adjusted for size and gross margin).
oval events holdings limited Estimated Valuation
Pomanda estimates the enterprise value of OVAL EVENTS HOLDINGS LIMITED at £4.3m based on an EBITDA of £460k and a 9.4x industry multiple (adjusted for size and gross margin).
oval events holdings limited Estimated Valuation
Pomanda estimates the enterprise value of OVAL EVENTS HOLDINGS LIMITED at £2.3m based on Net Assets of £763k and 2.96x industry multiple (adjusted for liquidity).
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Oval Events Holdings Limited Overview
Oval Events Holdings Limited is a live company located in london, SE11 5SS with a Companies House number of 06316660. It operates in the event catering activities sector, SIC Code 56210. Founded in July 2007, it's largest shareholder is kennington oval ltd with a 62.5% stake. Oval Events Holdings Limited is a established, large sized company, Pomanda has estimated its turnover at £34.9m with rapid growth in recent years.
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Oval Events Holdings Limited Health Check
Pomanda's financial health check has awarded Oval Events Holdings Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £34.9m, make it larger than the average company (£537.6k)
£34.9m - Oval Events Holdings Limited
£537.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 212%, show it is growing at a faster rate (11.8%)
212% - Oval Events Holdings Limited
11.8% - Industry AVG
Production
with a gross margin of 42.8%, this company has a comparable cost of product (42.3%)
42.8% - Oval Events Holdings Limited
42.3% - Industry AVG
Profitability
an operating margin of 0.8% make it less profitable than the average company (6.2%)
0.8% - Oval Events Holdings Limited
6.2% - Industry AVG
Employees
with 566 employees, this is above the industry average (10)
- Oval Events Holdings Limited
10 - Industry AVG
Pay Structure
on an average salary of £19.2k, the company has an equivalent pay structure (£19.2k)
- Oval Events Holdings Limited
£19.2k - Industry AVG
Efficiency
resulting in sales per employee of £61.6k, this is equally as efficient (£61.7k)
- Oval Events Holdings Limited
£61.7k - Industry AVG
Debtor Days
it gets paid by customers after 56 days, this is later than average (31 days)
56 days - Oval Events Holdings Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (27 days)
8 days - Oval Events Holdings Limited
27 days - Industry AVG
Stock Days
it holds stock equivalent to 5 days, this is less than average (8 days)
5 days - Oval Events Holdings Limited
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (28 weeks)
6 weeks - Oval Events Holdings Limited
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 91.5%, this is a higher level of debt than the average (78.1%)
91.5% - Oval Events Holdings Limited
78.1% - Industry AVG
OVAL EVENTS HOLDINGS LIMITED financials
Oval Events Holdings Limited's latest turnover from January 2024 is £34.9 million and the company has net assets of £763 thousand. According to their latest financial statements, we estimate that Oval Events Holdings Limited has 566 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 34,859,000 | 24,554,000 | 15,817,000 | 1,150,000 | 24,859,000 | 16,066,000 | 16,466,000 | 11,943,000 | 14,148,000 | 10,995,000 | 14,842,000 | 9,476,000 | 9,418,000 | 8,119,000 | 12,719,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 19,938,000 | 14,083,000 | 8,559,000 | 403,000 | 13,416,000 | 8,286,000 | 9,078,000 | 6,386,000 | 6,636,000 | 4,823,000 | 5,358,000 | 4,396,000 | 5,115,000 | 4,221,000 | 5,197,000 |
| Gross Profit | 14,921,000 | 10,471,000 | 7,258,000 | 747,000 | 11,443,000 | 7,780,000 | 7,388,000 | 5,557,000 | 7,512,000 | 6,172,000 | 9,484,000 | 5,080,000 | 4,303,000 | 3,898,000 | 7,522,000 |
| Admin Expenses | 14,628,000 | 10,352,000 | 7,225,000 | 1,565,000 | 9,488,000 | 7,085,000 | 6,739,000 | 5,490,000 | 7,162,000 | 6,164,000 | 8,200,000 | 5,062,000 | 4,276,000 | 4,456,000 | 4,904,000 |
| Operating Profit | 293,000 | 119,000 | 33,000 | -818,000 | 1,955,000 | 695,000 | 649,000 | 67,000 | 350,000 | 8,000 | 1,284,000 | 18,000 | 27,000 | -558,000 | 2,618,000 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,000 | 9,000 | 4,000 | 6,000 | 4,000 | 3,000 | 2,000 | 15,000 |
| Pre-Tax Profit | 293,000 | 119,000 | 33,000 | -818,000 | 1,955,000 | 695,000 | 649,000 | 69,000 | 359,000 | 12,000 | 1,290,000 | 22,000 | 30,000 | -556,000 | 2,633,000 |
| Tax | -75,000 | -22,000 | -1,000 | 151,000 | -371,000 | -138,000 | -131,000 | -30,000 | -80,000 | -8,000 | -318,000 | -19,000 | -7,000 | 195,000 | -711,000 |
| Profit After Tax | 218,000 | 97,000 | 32,000 | -667,000 | 1,584,000 | 557,000 | 518,000 | 39,000 | 279,000 | 4,000 | 972,000 | 3,000 | 23,000 | -361,000 | 1,922,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 1,501,000 | 1,114,000 | 0 | 840,000 | 0 | 0 | 0 | 0 | 0 | 129,000 | 1,035,000 |
| Retained Profit | 218,000 | 97,000 | 32,000 | -667,000 | 83,000 | -557,000 | 518,000 | -801,000 | 279,000 | 4,000 | 972,000 | 3,000 | 23,000 | -490,000 | 887,000 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Number Of Employees | |||||||||||||||
| EBITDA* | 460,000 | 260,000 | 200,000 | -644,000 | 2,129,000 | 866,000 | 854,000 | 250,000 | 529,000 | 179,000 | 1,452,000 | 92,000 | 77,000 | -511,000 | 2,657,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 564,000 | 405,000 | 480,000 | 602,000 | 705,000 | 579,000 | 600,000 | 618,000 | 614,000 | 631,000 | 477,000 | 244,000 | 160,000 | 182,000 | 191,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 564,000 | 405,000 | 480,000 | 602,000 | 705,000 | 579,000 | 600,000 | 618,000 | 614,000 | 631,000 | 477,000 | 244,000 | 160,000 | 182,000 | 191,000 |
| Stock & work in progress | 290,000 | 649,000 | 414,000 | 261,000 | 143,000 | 230,000 | 159,000 | 110,000 | 208,000 | 134,000 | 83,000 | 66,000 | 91,000 | 79,000 | 153,000 |
| Trade Debtors | 5,393,000 | 8,333,000 | 5,366,000 | 2,278,000 | 2,413,000 | 1,886,000 | 1,084,000 | 667,000 | 1,035,000 | 994,000 | 893,000 | 445,000 | 397,000 | 208,000 | 369,000 |
| Group Debtors | 1,547,000 | 0 | 1,349,000 | 116,000 | 2,773,000 | 688,000 | 532,000 | 582,000 | 500,000 | 89,000 | 766,000 | 86,000 | 0 | 70,000 | 243,000 |
| Misc Debtors | 106,000 | 276,000 | 432,000 | 163,000 | 488,000 | 4,022,000 | 2,275,000 | 1,880,000 | 1,255,000 | 3,053,000 | 1,730,000 | 3,055,000 | 1,247,000 | 991,000 | 619,000 |
| Cash | 1,055,000 | 1,643,000 | 2,450,000 | 547,000 | 1,501,000 | 3,652,000 | 1,508,000 | 717,000 | 973,000 | 1,279,000 | 1,757,000 | 401,000 | 1,587,000 | 962,000 | 883,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 8,391,000 | 10,901,000 | 10,011,000 | 3,365,000 | 7,318,000 | 10,478,000 | 5,558,000 | 3,956,000 | 3,971,000 | 5,549,000 | 5,229,000 | 4,053,000 | 3,322,000 | 2,310,000 | 2,267,000 |
| total assets | 8,955,000 | 11,306,000 | 10,491,000 | 3,967,000 | 8,023,000 | 11,057,000 | 6,158,000 | 4,574,000 | 4,585,000 | 6,180,000 | 5,706,000 | 4,297,000 | 3,482,000 | 2,492,000 | 2,458,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 460,000 | 104,000 | 277,000 | 50,000 | 345,000 | 175,000 | 260,000 | 171,000 | 9,000 | 14,000 | 4,000 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 143,000 | 3,934,000 | 0 | 1,900,000 | 1,203,000 | 79,000 | 0 | 482,000 | 121,000 | 0 | 24,000 | 857,000 | 412,000 | 243,000 |
| other short term finances | 0 | 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 | 0 |
| other current liabilities | 7,692,000 | 10,514,000 | 5,832,000 | 3,501,000 | 4,691,000 | 8,679,000 | 4,262,000 | 3,364,000 | 2,254,000 | 4,484,000 | 4,143,000 | 3,683,000 | 2,041,000 | 1,515,000 | 1,154,000 |
| total current liabilities | 8,152,000 | 10,761,000 | 10,043,000 | 3,551,000 | 6,936,000 | 10,057,000 | 4,601,000 | 3,535,000 | 2,745,000 | 4,619,000 | 4,147,000 | 3,707,000 | 2,898,000 | 1,927,000 | 1,397,000 |
| loans | 0 | 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 | 0 |
| Accruals and Deferred Income | 0 | 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 | 0 |
| provisions | 40,000 | 0 | 0 | 0 | 4,000 | 0 | 0 | 0 | 0 | 0 | 2,000 | 5,000 | 2,000 | 6,000 | 12,000 |
| total long term liabilities | 40,000 | 0 | 0 | 0 | 4,000 | 0 | 0 | 0 | 0 | 0 | 2,000 | 5,000 | 2,000 | 6,000 | 12,000 |
| total liabilities | 8,192,000 | 10,761,000 | 10,043,000 | 3,551,000 | 6,940,000 | 10,057,000 | 4,601,000 | 3,535,000 | 2,745,000 | 4,619,000 | 4,149,000 | 3,712,000 | 2,900,000 | 1,933,000 | 1,409,000 |
| net assets | 763,000 | 545,000 | 448,000 | 416,000 | 1,083,000 | 1,000,000 | 1,557,000 | 1,039,000 | 1,840,000 | 1,561,000 | 1,557,000 | 585,000 | 582,000 | 559,000 | 1,049,000 |
| total shareholders funds | 763,000 | 545,000 | 448,000 | 416,000 | 1,083,000 | 1,000,000 | 1,557,000 | 1,039,000 | 1,840,000 | 1,561,000 | 1,557,000 | 585,000 | 582,000 | 559,000 | 1,049,000 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 293,000 | 119,000 | 33,000 | -818,000 | 1,955,000 | 695,000 | 649,000 | 67,000 | 350,000 | 8,000 | 1,284,000 | 18,000 | 27,000 | -558,000 | 2,618,000 |
| Depreciation | 167,000 | 141,000 | 167,000 | 174,000 | 174,000 | 171,000 | 205,000 | 183,000 | 179,000 | 171,000 | 168,000 | 74,000 | 50,000 | 47,000 | 39,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -75,000 | -22,000 | -1,000 | 151,000 | -371,000 | -138,000 | -131,000 | -30,000 | -80,000 | -8,000 | -318,000 | -19,000 | -7,000 | 195,000 | -711,000 |
| Stock | -359,000 | 235,000 | 153,000 | 118,000 | -87,000 | 71,000 | 49,000 | -98,000 | 74,000 | 51,000 | 83,000 | -25,000 | 12,000 | -74,000 | 153,000 |
| Debtors | -1,563,000 | 1,462,000 | 4,590,000 | -3,117,000 | -922,000 | 2,705,000 | 762,000 | 339,000 | -1,346,000 | 747,000 | 3,389,000 | 1,942,000 | 375,000 | 38,000 | 1,231,000 |
| Creditors | 356,000 | -173,000 | 227,000 | -295,000 | 170,000 | -85,000 | 89,000 | 162,000 | -5,000 | 10,000 | 4,000 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -2,822,000 | 4,682,000 | 2,331,000 | -1,190,000 | -3,988,000 | 4,417,000 | 898,000 | 1,110,000 | -2,230,000 | 341,000 | 4,143,000 | 1,642,000 | 526,000 | 361,000 | 1,154,000 |
| Deferred Taxes & Provisions | 40,000 | 0 | 0 | -4,000 | 4,000 | 0 | 0 | 0 | 0 | -2,000 | 2,000 | 3,000 | -4,000 | -6,000 | 12,000 |
| Cash flow from operations | -119,000 | 3,050,000 | -1,986,000 | 1,017,000 | -1,047,000 | 2,284,000 | 899,000 | 1,251,000 | -514,000 | -278,000 | 1,811,000 | -199,000 | 205,000 | 75,000 | 1,728,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | -325,000 | -401,000 | -158,000 | -28,000 | -38,000 | -114,000 | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -325,000 | -401,000 | -158,000 | -28,000 | -38,000 | -114,000 | |||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -143,000 | -3,791,000 | 3,934,000 | -1,900,000 | 697,000 | 1,124,000 | 79,000 | -482,000 | 361,000 | 121,000 | 0 | -833,000 | 445,000 | 169,000 | 243,000 |
| Other Short Term Loans | 0 | 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 | 0 |
| Hire Purchase and Lease Commitments | 0 | 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 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,000 | 9,000 | 4,000 | 6,000 | 4,000 | 3,000 | 2,000 | 15,000 |
| cash flow from financing | -143,000 | -3,791,000 | 3,934,000 | -1,900,000 | 697,000 | 1,124,000 | 79,000 | -480,000 | 370,000 | 125,000 | 591,000 | -829,000 | 448,000 | 171,000 | 420,000 |
| cash and cash equivalents | |||||||||||||||
| cash | -588,000 | -807,000 | 1,903,000 | -954,000 | -2,151,000 | 2,144,000 | 791,000 | -256,000 | -306,000 | -478,000 | 1,757,000 | -1,186,000 | 625,000 | 79,000 | 883,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -588,000 | -807,000 | 1,903,000 | -954,000 | -2,151,000 | 2,144,000 | 791,000 | -256,000 | -306,000 | -478,000 | 1,757,000 | -1,186,000 | 625,000 | 79,000 | 883,000 |
oval events holdings limited Credit Report and Business Information
Oval Events Holdings Limited Competitor Analysis
Perform a competitor analysis for oval events holdings limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other large companies, companies in SE11 area or any other competitors across 12 key performance metrics.
oval events holdings limited Ownership
OVAL EVENTS HOLDINGS LIMITED group structure
Oval Events Holdings Limited has 1 subsidiary company.
Ultimate parent company
2 parents
OVAL EVENTS HOLDINGS LIMITED
06316660
1 subsidiary
oval events holdings limited directors
Oval Events Holdings Limited currently has 5 directors. The longest serving directors include Mr Jonathan Davies (Nov 2018) and Mr James Withers (Sep 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathan Davies | United Kingdom | 46 years | Nov 2018 | - | Director |
| Mr James Withers | England | 54 years | Sep 2019 | - | Director |
| Mr Robert Papps | United Kingdom | 51 years | Mar 2021 | - | Director |
| Mr Steven Elworthy | United Kingdom | 59 years | Jan 2022 | - | Director |
| Mr Oliver Slipper | England | 48 years | Oct 2023 | - | Director |
P&L
January 2024turnover
34.9m
+42%
operating profit
293k
+146%
gross margin
42.9%
+0.37%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
763k
+0.4%
total assets
9m
-0.21%
cash
1.1m
-0.36%
net assets
Total assets minus all liabilities
oval events holdings limited company details
company number
06316660
Type
Private limited with Share Capital
industry
56210 - Event catering activities
incorporation date
July 2007
age
17
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
January 2024
previous names
wb co (1414) limited (July 2007)
accountant
-
auditor
DELOITTE LLP
address
the oval kennington, london, SE11 5SS
Bank
-
Legal Advisor
-
oval events holdings 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 oval events holdings limited.
oval events holdings limited Companies House Filings - See Documents
| date | description | view/download |
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