2faced dance company limited

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2faced dance company limited Company Information

Share 2FACED DANCE COMPANY LIMITED

Company Number

06667896

Shareholders

-

Group Structure

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Industry

Performing arts

 +1

Registered Address

the old court gaol street, hereford, HR1 2HU

2faced dance company limited Estimated Valuation

£195.1k

Pomanda estimates the enterprise value of 2FACED DANCE COMPANY LIMITED at £195.1k based on a Turnover of £366.6k and 0.53x industry multiple (adjusted for size and gross margin).

2faced dance company limited Estimated Valuation

£200.1k

Pomanda estimates the enterprise value of 2FACED DANCE COMPANY LIMITED at £200.1k based on an EBITDA of £29.5k and a 6.78x industry multiple (adjusted for size and gross margin).

2faced dance company limited Estimated Valuation

£258.2k

Pomanda estimates the enterprise value of 2FACED DANCE COMPANY LIMITED at £258.2k based on Net Assets of £242.1k and 1.07x industry multiple (adjusted for liquidity).

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2faced Dance Company Limited Overview

2faced Dance Company Limited is a live company located in hereford, HR1 2HU with a Companies House number of 06667896. It operates in the performing arts sector, SIC Code 90010. Founded in August 2008, it's largest shareholder is unknown. 2faced Dance Company Limited is a established, micro sized company, Pomanda has estimated its turnover at £366.6k with declining growth in recent years.

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2faced Dance Company Limited Health Check

Pomanda's financial health check has awarded 2Faced Dance Company Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

4 Regular

positive_score

3 Weak

size

Size

annual sales of £366.6k, make it in line with the average company (£333.9k)

£366.6k - 2faced Dance Company Limited

£333.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (9%)

-10% - 2faced Dance Company Limited

9% - Industry AVG

production

Production

with a gross margin of 39.8%, this company has a comparable cost of product (39.8%)

39.8% - 2faced Dance Company Limited

39.8% - Industry AVG

profitability

Profitability

an operating margin of -0.1% make it less profitable than the average company (1.8%)

-0.1% - 2faced Dance Company Limited

1.8% - Industry AVG

employees

Employees

with 6 employees, this is similar to the industry average (6)

6 - 2faced Dance Company Limited

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £28.9k, the company has an equivalent pay structure (£27.1k)

£28.9k - 2faced Dance Company Limited

£27.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £61.1k, this is less efficient (£72.4k)

£61.1k - 2faced Dance Company Limited

£72.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 4 days, this is earlier than average (11 days)

4 days - 2faced Dance Company Limited

11 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 27 days, this is slower than average (17 days)

27 days - 2faced Dance Company Limited

17 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 0 days, this is less than average (12 days)

0 days - 2faced Dance Company Limited

12 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 350 weeks, this is more cash available to meet short term requirements (114 weeks)

350 weeks - 2faced Dance Company Limited

114 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 8.5%, this is a lower level of debt than the average (25.5%)

8.5% - 2faced Dance Company Limited

25.5% - Industry AVG

2FACED DANCE COMPANY LIMITED financials

EXPORTms excel logo

2Faced Dance Company Limited's latest turnover from March 2024 is £366.6 thousand and the company has net assets of £242.1 thousand. According to their latest financial statements, 2Faced Dance Company Limited has 6 employees and maintains cash reserves of £150.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Turnover366,628379,225379,302502,298397,847360,261352,652358,82097,813184,41537,419197,501256,660170,82973,537
Other Income Or Grants
Cost Of Sales220,856216,487204,050288,809232,680208,522206,417201,61455,22293,36419,20894,341131,35892,42235,422
Gross Profit145,772162,738175,252213,489165,167151,739146,235157,20542,59191,05218,211103,160125,30278,40838,115
Admin Expenses146,017155,056164,768-48,903189,262123,160148,687171,77911,63995,104-4,643120,377124,93273,54741,889
Operating Profit-2457,68210,484262,392-24,09528,579-2,452-14,57430,952-4,05222,854-17,2173704,861-3,774
Interest Payable
Interest Receivable72991525255881025727
Pre-Tax Profit5,03611,1509,544212,609-24,08723,206-2,380-14,47531,104-4,00022,909-17,1294724,918-3,747
Tax-6,221-5,269-123-1,377
Profit After Tax5,03611,1509,544212,609-24,08723,206-2,380-14,47524,883-4,00017,640-17,1293493,541-3,747
Dividends Paid
Retained Profit5,03611,1509,544212,609-24,08723,206-2,380-14,47524,883-4,00017,640-17,1293493,541-3,747
Employee Costs173,684226,767224,349182,949241,623218,059177,584246,24650,40378,93825,72477,12598,97373,22629,208
Number Of Employees6766888102313431
EBITDA*29,49724,80714,432265,936-21,99230,131-1,056-12,50733,065-4,05222,854-17,2173704,861-3,774

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Tangible Assets89,292118,26414,24012,6036,3104,6574,1875,5836,337
Intangible Assets
Investments & Other
Debtors (Due After 1 year)2,8002,8002,8002,8002,800
Total Fixed Assets92,092121,06417,04015,4039,1104,6574,1875,5836,337
Stock & work in progress100100100100100100100100100100100225250195250
Trade Debtors4,3825,5728,93734213,30915,6836,0585,1446,67311,9731,19811,23915,97212,4615,438
Group Debtors
Misc Debtors17,0738,28850,77040,04325,93110,1094,2584,172465
Cash150,914114,207172,091174,1861,52214,1874,66324,17255,3205,45415,3556,64428,73512,03510,748
misc current assets
total current assets172,469128,167231,898214,67140,86240,07915,07933,58862,55817,52716,65318,10844,95724,69116,436
total assets264,561249,231248,938230,07449,97244,73619,26639,17168,89517,52716,65318,10844,95724,69116,436
Bank overdraft
Bank loan
Trade Creditors 16,4755,1232,9994,17333,6328,6078,89710,4715,47020,87315,99935,09444,81424,89720,183
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities5,9467,00419,9859,49112,5398,2415,68721,63841,888
total current liabilities22,42112,12722,98413,66446,17116,84814,58432,10947,35820,87315,99935,09444,81424,89720,183
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities22,42112,12722,98413,66446,17116,84814,58432,10947,35820,87315,99935,09444,81424,89720,183
net assets242,140237,104225,954216,4103,80127,8884,6827,06221,537-3,346654-16,986143-206-3,747
total shareholders funds242,140237,104225,954216,4103,80127,8884,6827,06221,537-3,346654-16,986143-206-3,747
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Operating Activities
Operating Profit-2457,68210,484262,392-24,09528,579-2,452-14,57430,952-4,05222,854-17,2173704,861-3,774
Depreciation29,74217,1253,9483,5442,1031,5521,3962,0672,113
Amortisation
Tax-6,221-5,269-123-1,377
Stock-125-2555-55250
Debtors7,595-45,84719,3221,14516,24815,4761,0002,178-4,83510,775-10,041-4,7333,5117,0235,438
Creditors11,3522,124-1,174-29,45925,025-290-1,5745,001-15,4034,874-19,095-9,72019,9174,71420,183
Accruals and Deferred Income-1,058-12,98110,494-3,0484,2982,554-15,951-20,25041,888
Deferred Taxes & Provisions
Cash flow from operations32,19659,7974,430232,284-8,91716,919-19,581-29,93458,164-9,9538,656-22,17916,5981,23010,721
Investing Activities
capital expenditure-770-121,149-5,585-9,837-3,756-2,022-1,313-8,450
Change in Investments
cash flow from investments-770-121,149-5,585-9,837-3,756-2,022-1,313-8,450
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
interest72991525255881025727
cash flow from financing72991525255881025727
cash and cash equivalents
cash36,707-57,884-2,095172,664-12,6659,524-19,509-31,14849,866-9,9018,711-22,09116,7001,28710,748
overdraft
change in cash36,707-57,884-2,095172,664-12,6659,524-19,509-31,14849,866-9,9018,711-22,09116,7001,28710,748

2faced dance company limited 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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2faced Dance Company Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for 2faced dance company limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in HR1 area or any other competitors across 12 key performance metrics.

2faced dance company limited Ownership

2FACED DANCE COMPANY LIMITED group structure

2Faced Dance Company Limited has no subsidiary companies.

Ultimate parent company

2FACED DANCE COMPANY LIMITED

06667896

2FACED DANCE COMPANY LIMITED Shareholders

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2faced dance company limited directors

2Faced Dance Company Limited currently has 6 directors. The longest serving directors include Mr Alexander Green (Sep 2015) and Miss Elaine Knight (Mar 2018).

officercountryagestartendrole
Mr Alexander GreenEngland52 years Sep 2015- Director
Miss Elaine KnightEngland61 years Mar 2018- Director
Mr Jason BoyleEngland38 years Oct 2020- Director
Ms Georgia ShireEngland28 years Jan 2024- Director
Ms Amy Dalton-HardyEngland39 years Jul 2024- Director
Ms Rosanna CookEngland36 years Jan 2025- Director

P&L

March 2024

turnover

366.6k

-3%

operating profit

-244.8

0%

gross margin

39.8%

-7.35%

turnover

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

Balance Sheet

March 2024

net assets

242.1k

+0.02%

total assets

264.6k

+0.06%

cash

150.9k

+0.32%

net assets

Total assets minus all liabilities

2faced dance company limited company details

company number

06667896

Type

Private Ltd By Guarantee w/o Share Cap

industry

90010 - Performing arts

90030 - Artistic creation

incorporation date

August 2008

age

17

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

SARAH MORLEY

auditor

-

address

the old court gaol street, hereford, HR1 2HU

Bank

HSBC BANK PLC

Legal Advisor

-

2faced dance company 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 2faced dance company limited.

2faced dance company limited 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.

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2faced dance company limited Companies House Filings - See Documents

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