mitchell memorial youth arts centre ltd
mitchell memorial youth arts centre ltd Company Information
Company Number
06418190
Website
www.mitchellartscentre.co.ukRegistered Address
harriet jackson, mitchell arts c, broad street, stoke-on-trent, ST1 4HG
Industry
Operation of arts facilities
Telephone
01782409307
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
-0%
mitchell memorial youth arts centre ltd Estimated Valuation
Pomanda estimates the enterprise value of MITCHELL MEMORIAL YOUTH ARTS CENTRE LTD at £236.5k based on a Turnover of £704.4k and 0.34x industry multiple (adjusted for size and gross margin).
mitchell memorial youth arts centre ltd Estimated Valuation
Pomanda estimates the enterprise value of MITCHELL MEMORIAL YOUTH ARTS CENTRE LTD at £56.1k based on an EBITDA of £26.5k and a 2.12x industry multiple (adjusted for size and gross margin).
mitchell memorial youth arts centre ltd Estimated Valuation
Pomanda estimates the enterprise value of MITCHELL MEMORIAL YOUTH ARTS CENTRE LTD at £2.4m based on Net Assets of £5.1m and 0.48x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mitchell Memorial Youth Arts Centre Ltd Overview
Mitchell Memorial Youth Arts Centre Ltd is a live company located in stoke-on-trent, ST1 4HG with a Companies House number of 06418190. It operates in the operation of arts facilities sector, SIC Code 90040. Founded in November 2007, it's largest shareholder is unknown. Mitchell Memorial Youth Arts Centre Ltd is a established, small sized company, Pomanda has estimated its turnover at £704.4k with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Mitchell Memorial Youth Arts Centre Ltd Health Check
Pomanda's financial health check has awarded Mitchell Memorial Youth Arts Centre Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs
8 Strong
2 Regular
2 Weak
Size
annual sales of £704.4k, make it larger than the average company (£507.3k)
£704.4k - Mitchell Memorial Youth Arts Centre Ltd
£507.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (1.6%)
10% - Mitchell Memorial Youth Arts Centre Ltd
1.6% - Industry AVG
Production
with a gross margin of 65.6%, this company has a comparable cost of product (65.6%)
65.6% - Mitchell Memorial Youth Arts Centre Ltd
65.6% - Industry AVG
Profitability
an operating margin of 2.3% make it less profitable than the average company (4.1%)
2.3% - Mitchell Memorial Youth Arts Centre Ltd
4.1% - Industry AVG
Employees
with 6 employees, this is below the industry average (12)
6 - Mitchell Memorial Youth Arts Centre Ltd
12 - Industry AVG
Pay Structure
on an average salary of £19.7k, the company has an equivalent pay structure (£19.7k)
£19.7k - Mitchell Memorial Youth Arts Centre Ltd
£19.7k - Industry AVG
Efficiency
resulting in sales per employee of £117.4k, this is more efficient (£50.2k)
£117.4k - Mitchell Memorial Youth Arts Centre Ltd
£50.2k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (8 days)
4 days - Mitchell Memorial Youth Arts Centre Ltd
8 days - Industry AVG
Creditor Days
its suppliers are paid after 70 days, this is slower than average (33 days)
70 days - Mitchell Memorial Youth Arts Centre Ltd
33 days - Industry AVG
Stock Days
it holds stock equivalent to 4 days, this is less than average (20 days)
4 days - Mitchell Memorial Youth Arts Centre Ltd
20 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 374 weeks, this is more cash available to meet short term requirements (117 weeks)
374 weeks - Mitchell Memorial Youth Arts Centre Ltd
117 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.9%, this is a lower level of debt than the average (19.4%)
0.9% - Mitchell Memorial Youth Arts Centre Ltd
19.4% - Industry AVG
MITCHELL MEMORIAL YOUTH ARTS CENTRE LTD financials
Mitchell Memorial Youth Arts Centre Ltd's latest turnover from March 2023 is £704.4 thousand and the company has net assets of £5.1 million. According to their latest financial statements, Mitchell Memorial Youth Arts Centre Ltd has 6 employees and maintains cash reserves of £339.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 704,390 | 440,661 | 269,262 | 533,901 | 507,453 | 351,679 | 327,709 | 346,236 | 347,620 | 366,960 | 5,119,994 | 253,870 | ||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Pre-Tax Profit | 24,436 | 52,982 | 53,776 | 26,839 | 64,940 | 45,688 | -2,582 | -12,401 | -5,249 | -8,320 | 4,786,562 | 83,080 | ||
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Profit After Tax | 24,436 | 52,982 | 53,776 | 26,839 | 64,940 | 45,688 | -2,582 | -12,401 | -5,249 | -8,320 | 4,786,562 | 83,080 | ||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Retained Profit | 24,436 | 52,982 | 53,776 | 26,839 | 64,940 | 45,688 | -2,582 | -12,401 | -5,249 | -8,320 | 4,786,562 | 83,080 | ||
| Employee Costs | 117,974 | 110,176 | 112,467 | 152,908 | 138,931 | 107,510 | 100,921 | 93,732 | 121,502 | 109,377 | 98,427 | 47,893 | ||
| Number Of Employees | 6 | 6 | 7 | 8 | 8 | 5 | 5 | 5 | 6 | 6 | 4 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,803,920 | 4,813,698 | 4,823,293 | 4,834,001 | 4,826,845 | 4,799,374 | 4,806,581 | 4,813,496 | 4,820,198 | 4,828,888 | 4,836,835 | 22,597 | 0 | 0 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,803,920 | 4,813,698 | 4,823,293 | 4,834,001 | 4,826,845 | 4,799,374 | 4,806,581 | 4,813,496 | 4,820,198 | 4,828,888 | 4,836,835 | 22,597 | 0 | 0 |
| Stock & work in progress | 3,000 | 3,000 | 0 | 3,701 | 2,137 | 2,137 | 2,137 | 2,137 | 835 | 1,300 | 1,310 | 1,296 | 0 | 0 |
| Trade Debtors | 8,815 | 6,068 | 1,627 | 5,187 | 11,331 | 21,221 | 24,054 | 55,281 | 51,287 | 42,550 | 27,113 | 18,385 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,732 | 2,990 | 403 | 2,676 | 5,356 | 4,180 | 3,573 | 2,043 | 772 | 4,321 | 0 | 2,615 | 0 | 0 |
| Cash | 339,339 | 324,761 | 264,002 | 157,683 | 148,090 | 88,628 | 40,092 | 13,135 | 20,055 | 11,130 | 27,069 | 70,677 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 352,886 | 336,819 | 266,032 | 169,247 | 166,914 | 116,166 | 69,856 | 72,596 | 72,949 | 59,301 | 55,492 | 92,973 | 0 | 0 |
| total assets | 5,156,806 | 5,150,517 | 5,089,325 | 5,003,248 | 4,993,759 | 4,915,540 | 4,876,437 | 4,886,092 | 4,893,147 | 4,888,189 | 4,892,327 | 115,570 | 0 | 0 |
| Bank overdraft | 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 |
| Trade Creditors | 47,056 | 11,003 | 3,262 | 411 | 24,288 | 11,215 | 10,771 | 23,495 | 28,224 | 13,983 | 8,480 | 3,679 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 0 | 54,199 | 53,730 | 24,280 | 17,753 | 17,547 | 24,576 | 18,925 | 8,850 | 12,884 | 14,205 | 28,811 | 0 | 0 |
| total current liabilities | 47,056 | 65,202 | 56,992 | 24,691 | 42,041 | 28,762 | 35,347 | 42,420 | 37,074 | 26,867 | 22,685 | 32,490 | 0 | 0 |
| loans | 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 |
| Accruals and Deferred Income | 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 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 47,056 | 65,202 | 56,992 | 24,691 | 42,041 | 28,762 | 35,347 | 42,420 | 37,074 | 26,867 | 22,685 | 32,490 | 0 | 0 |
| net assets | 5,109,750 | 5,085,315 | 5,032,333 | 4,978,557 | 4,951,718 | 4,886,778 | 4,841,090 | 4,843,672 | 4,856,073 | 4,861,322 | 4,869,642 | 83,080 | 0 | 0 |
| total shareholders funds | 5,109,750 | 5,085,315 | 5,032,333 | 4,978,557 | 4,951,718 | 4,886,778 | 4,841,090 | 4,843,672 | 4,856,073 | 4,861,322 | 4,869,642 | 83,080 | 0 | 0 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 10,433 | 10,497 | 10,708 | 10,506 | 7,250 | 8,129 | 9,774 | 9,077 | 8,989 | 3,359 | 8,795 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Stock | 0 | 3,000 | -3,701 | 1,564 | 0 | 0 | 0 | 1,302 | -465 | -10 | 14 | 1,296 | 0 | 0 |
| Debtors | 1,489 | 7,028 | -5,833 | -8,824 | -8,714 | -2,226 | -29,697 | 5,265 | 5,188 | 19,758 | 6,113 | 21,000 | 0 | 0 |
| Creditors | 36,053 | 7,741 | 2,851 | -23,877 | 13,073 | 444 | -12,724 | -4,729 | 14,241 | 5,503 | 4,801 | 3,679 | 0 | 0 |
| Accruals and Deferred Income | -54,199 | 469 | 29,450 | 6,527 | 206 | -7,029 | 5,651 | 10,075 | -4,034 | -1,321 | -14,606 | 28,811 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -34,721 | -1,165 | -2,859 | -2,375 | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | -34,721 | -1,165 | -2,859 | -2,375 | ||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 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 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| cash flow from financing | -1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| cash and cash equivalents | ||||||||||||||
| cash | 14,578 | 60,759 | 106,319 | 9,593 | 59,462 | 48,536 | 26,957 | -6,920 | 8,925 | -15,939 | -43,608 | 70,677 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 14,578 | 60,759 | 106,319 | 9,593 | 59,462 | 48,536 | 26,957 | -6,920 | 8,925 | -15,939 | -43,608 | 70,677 | 0 | 0 |
mitchell memorial youth arts centre ltd Credit Report and Business Information
Mitchell Memorial Youth Arts Centre Ltd Competitor Analysis
Perform a competitor analysis for mitchell memorial youth arts centre ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in ST1 area or any other competitors across 12 key performance metrics.
mitchell memorial youth arts centre ltd Ownership
MITCHELL MEMORIAL YOUTH ARTS CENTRE LTD group structure
Mitchell Memorial Youth Arts Centre Ltd has no subsidiary companies.
Ultimate parent company
MITCHELL MEMORIAL YOUTH ARTS CENTRE LTD
06418190
mitchell memorial youth arts centre ltd directors
Mitchell Memorial Youth Arts Centre Ltd currently has 8 directors. The longest serving directors include Mr Sampson Mitchell (Jul 2009) and Mr Brian Fender (May 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sampson Mitchell | England | 65 years | Jul 2009 | - | Director |
| Mr Brian Fender | England | 90 years | May 2012 | - | Director |
| Mrs Claire Garner | England | 43 years | May 2014 | - | Director |
| Mr Anthony Munday | England | 64 years | Oct 2017 | - | Director |
| Mr Edward Slade | England | 82 years | Jun 2018 | - | Director |
| Mr Michael Lloyd | 81 years | Sep 2018 | - | Director | |
| Mr Paul Dobson | England | 60 years | Jun 2019 | - | Director |
| Miss Elizabeth Bromley | England | 24 years | Oct 2022 | - | Director |
P&L
March 2023turnover
704.4k
+60%
operating profit
16.1k
0%
gross margin
65.7%
+1.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
5.1m
0%
total assets
5.2m
0%
cash
339.3k
+0.04%
net assets
Total assets minus all liabilities
mitchell memorial youth arts centre ltd company details
company number
06418190
Type
Private Ltd By Guarantee w/o Share Cap
industry
90040 - Operation of arts facilities
incorporation date
November 2007
age
17
incorporated
UK
accounts
Small Company
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
harriet jackson, mitchell arts c, broad street, stoke-on-trent, ST1 4HG
accountant
-
auditor
DAINS AUDIT LIMITED
mitchell memorial youth arts centre 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 did not find charges/mortgages relating to mitchell memorial youth arts centre ltd.
mitchell memorial youth arts centre ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
