the heart of the city partnershipEstimated Valuation
£384k
Pomanda estimates the enterprise value of THE HEART OF THE CITY PARTNERSHIP at £384k based on a Turnover of £486.2k and 0.79x industry multiple (adjusted for size and gross margin).
the heart of the city partnershipEstimated Valuation
£95.5k
Pomanda estimates the enterprise value of THE HEART OF THE CITY PARTNERSHIP at £95.5k based on an EBITDA of £24.3k and a 3.93x industry multiple (adjusted for size and gross margin).
the heart of the city partnershipEstimated Valuation
£396.7k
Pomanda estimates the enterprise value of THE HEART OF THE CITY PARTNERSHIP at £396.7k based on Net Assets of £234.5k and 1.69x industry multiple (adjusted for liquidity).
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The Heart Of The City PartnershipOverview
The Heart Of The City Partnership is a live company located in newcastle upon tyne, NE2 1TJ with a Companies House number of 06373460. It operates in the operation of historical sites and buildings and similar visitor attractions sector, SIC Code 91030. Founded in September 2007, it's largest shareholder is
unknown.
The Heart Of The City Partnership is a established,
micro sized company, Pomanda has estimated its turnover at
£486.2k with
low
growth in recent years.
Pomanda's financial health check has awarded The Heart Of The City Partnership a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
6 Strong
2 Regular
4 Weak
Size
annual sales of £486.2k, make it in line with the average company (£422.4k)
£486.2k - The Heart Of The City Partnership
£422.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (6.2%)
1% - The Heart Of The City Partnership
6.2% - Industry AVG
Production
with a gross margin of 64.3%, this company has a comparable cost of product (64.3%)
64.3% - The Heart Of The City Partnership
64.3% - Industry AVG
Profitability
an operating margin of 3.6% make it more profitable than the average company (2.3%)
3.6% - The Heart Of The City Partnership
2.3% - Industry AVG
Employees
with 23 employees, this is above the industry average (11)
23 - The Heart Of The City Partnership
11 - Industry AVG
Pay Structure
on an average salary of £13.2k, the company has a lower pay structure (£21.5k)
£13.2k - The Heart Of The City Partnership
£21.5k - Industry AVG
Efficiency
resulting in sales per employee of £21.1k, this is less efficient (£54.4k)
£21.1k - The Heart Of The City Partnership
£54.4k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (6 days)
1 days - The Heart Of The City Partnership
6 days - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is quicker than average (30 days)
16 days - The Heart Of The City Partnership
30 days - Industry AVG
Stock Days
it holds stock equivalent to 10 days, this is less than average (33 days)
10 days - The Heart Of The City Partnership
33 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 388 weeks, this is more cash available to meet short term requirements (136 weeks)
388 weeks - The Heart Of The City Partnership
136 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 12.5%, this is a higher level of debt than the average (9.1%)
12.5% - The Heart Of The City Partnership
9.1% - Industry AVG
THE HEART OF THE CITY PARTNERSHIP financials
EXPORT
The Heart Of The City Partnership's latest turnover from December 2023 is £486.2 thousand and the company has net assets of £234.5 thousand. According to their latest financial statements, The Heart Of The City Partnership has 23 employees and maintains cash reserves of £250 thousand 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
Sep 2011
Sep 2010
Sep 2009
Turnover
486,154
389,508
310,283
472,264
347,253
301,988
297,751
396,642
264,837
314,664
899,891
1,896,611
Other Income Or Grants
Cost Of Sales
173,667
128,987
104,752
178,308
106,002
86,332
81,865
106,123
77,437
91,026
268,944
532,714
Gross Profit
312,487
260,521
205,531
293,957
241,251
215,656
215,886
290,519
187,401
223,638
630,947
1,363,898
Admin Expenses
295,190
297,519
292,670
104,511
222,320
226,642
211,097
116,059
157,876
223,867
631,001
1,363,917
Operating Profit
17,297
-36,998
-87,139
189,446
18,931
-10,986
4,789
174,460
29,525
-229
-54
-19
Interest Payable
Interest Receivable
229
54
19
Pre-Tax Profit
21,888
-29,234
-86,545
153,617
16,335
-9,787
4,535
139,780
23,881
Tax
Profit After Tax
21,888
-29,234
-86,545
153,617
16,335
-9,787
4,535
139,780
23,881
Dividends Paid
Retained Profit
21,888
-29,234
-86,545
153,617
16,335
-9,787
4,535
139,780
23,881
Employee Costs
302,903
268,256
257,607
237,741
210,251
193,338
191,202
160,923
140,986
105,294
300,441
654,424
Number Of Employees
23
20
17
17
15
14
14
14
9
6
16
37
EBITDA*
24,325
-29,248
-78,332
192,301
20,999
-10,574
5,755
175,871
31,457
994
595
366
* 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
Sep 2011
Sep 2010
Sep 2009
Tangible Assets
1,197
7,565
13,512
7,388
6,085
5,155
966
2,377
1,414
1,829
1,644
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,197
7,565
13,512
7,388
6,085
5,155
966
2,377
1,414
1,829
1,644
Stock & work in progress
5,185
8,952
7,512
10,682
14,718
11,634
11,016
Trade Debtors
2,418
2,186
3,976
600
2,226
6,570
3,485
4,058
10,213
31,217
72,376
Group Debtors
2,505
Misc Debtors
9,072
14,032
7,444
109,922
4,564
5,471
1,817
8,675
111,263
Cash
250,043
202,784
240,886
234,463
174,848
154,560
165,254
158,668
52,981
77,491
13,942
7,711
misc current assets
total current assets
266,718
227,954
259,818
355,667
196,356
178,235
181,572
171,401
166,749
87,704
45,159
80,087
total assets
267,915
235,519
273,330
363,055
202,441
183,390
181,572
172,367
169,126
89,118
46,988
81,731
Bank overdraft
Bank loan
Trade Creditors
7,613
474
4,681
5,497
8,561
8,380
596
1,618
87,704
45,159
80,087
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
25,832
22,463
26,833
29,197
19,136
16,601
12,780
7,088
144,798
total current liabilities
33,445
22,937
31,514
34,694
27,697
24,981
13,376
8,706
144,798
87,704
45,159
80,087
loans
hp & lease commitments
Accruals and Deferred Income
1,414
1,829
1,644
other liabilities
provisions
total long term liabilities
1,414
1,829
1,644
total liabilities
33,445
22,937
31,514
34,694
27,697
24,981
13,376
8,706
144,798
89,118
46,988
81,731
net assets
234,470
212,582
241,816
328,361
174,744
158,409
168,196
163,661
24,328
total shareholders funds
234,470
212,582
241,816
328,361
174,744
158,409
168,196
163,661
24,328
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Sep 2011
Sep 2010
Sep 2009
Operating Activities
Operating Profit
17,297
-36,998
-87,139
189,446
18,931
-10,986
4,789
174,460
29,525
-229
-54
-19
Depreciation
7,028
7,750
8,807
2,855
2,068
412
966
1,411
1,932
1,223
649
385
Amortisation
Tax
Stock
-3,767
1,440
-3,170
-4,036
3,084
618
11,016
Debtors
-4,728
4,798
-99,102
103,732
-5,251
6,739
-7,431
-101,035
103,555
-21,004
-41,159
72,376
Creditors
7,139
-4,207
-816
-3,064
181
7,784
-1,022
1,618
-87,704
42,545
-34,928
80,087
Accruals and Deferred Income
3,369
-4,370
-2,364
10,061
2,535
3,821
5,692
-137,710
143,384
-415
185
1,644
Deferred Taxes & Provisions
Cash flow from operations
43,328
-44,063
20,760
99,602
25,882
-6,326
6,840
140,814
-16,418
64,128
7,011
9,721
Investing Activities
capital expenditure
-660
-1,803
-14,931
-4,158
-2,998
-5,567
-2,895
-808
-834
-2,029
Change in Investments
cash flow from investments
-660
-1,803
-14,931
-4,158
-2,998
-5,567
-2,895
-808
-834
-2,029
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-447
447
interest
229
54
19
cash flow from financing
-447
447
229
54
19
cash and cash equivalents
cash
47,259
-38,102
6,423
59,615
20,288
-10,694
6,586
105,687
-24,510
63,549
6,231
7,711
overdraft
change in cash
47,259
-38,102
6,423
59,615
20,288
-10,694
6,586
105,687
-24,510
63,549
6,231
7,711
the heart of the city partnership Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for the heart of the city partnership. Get real-time insights into the heart of the city partnership's credit score, group structure and payment trends.
The Heart Of The City Partnership Competitor Analysis
Perform a competitor analysis for the heart of the city partnership by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in NE2 area or any other competitors across 12 key performance metrics.
the heart of the city partnership Ownership
THE HEART OF THE CITY PARTNERSHIP group structure
The Heart Of The City Partnership has no subsidiary companies.
Ultimate parent company
THE HEART OF THE CITY PARTNERSHIP
06373460
THE HEART OF THE CITY PARTNERSHIP Shareholders
The sole shareholder of The Heart Of The City Partnership is -.
-
-
the heart of the city partnership directors
The Heart Of The City Partnership currently has 11 directors.
The longest serving directors include
Mr John Grundy (Feb 2011) and
Mr Gavin Black (Sep 2013).
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
91030 - Operation of historical sites and buildings and similar visitor attractions
incorporation date
September 2007
age
18
incorporated
UK
ultimate parent company
None
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
ROBSON LAIDLER ACCOUNTANTS LIMITED
address
fernwood house fernwood road, jesmond, newcastle upon tyne, NE2 1TJ
Bank
HANDELSBANKEN
Legal Advisor
-
the heart of the city partnership 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 heart of the city partnership.
the heart of the city partnership 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 THE HEART OF THE CITY PARTNERSHIP. This can take several minutes, an email will notify you when this has completed.
the heart of the city partnershipCompanies House Filings - See Documents
