lw theatres holdings limited

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lw theatres holdings limited Company Information

Share LW THEATRES HOLDINGS LIMITED

Company Number

06958072

Shareholders

andrew lloyd webber

Group Structure

View All

Industry

Support activities to performing arts

 +3

Registered Address

65 drury lane, london, WC2B 5SP

Website

-

lw theatres holdings limited Estimated Valuation

£213.9m

Pomanda estimates the enterprise value of LW THEATRES HOLDINGS LIMITED at £213.9m based on a Turnover of £181.1m and 1.18x industry multiple (adjusted for size and gross margin).

lw theatres holdings limited Estimated Valuation

£214.4m

Pomanda estimates the enterprise value of LW THEATRES HOLDINGS LIMITED at £214.4m based on an EBITDA of £20m and a 10.7x industry multiple (adjusted for size and gross margin).

lw theatres holdings limited Estimated Valuation

£77.4m

Pomanda estimates the enterprise value of LW THEATRES HOLDINGS LIMITED at £77.4m based on Net Assets of £62.1m and 1.25x industry multiple (adjusted for liquidity).

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Lw Theatres Holdings Limited Overview

Lw Theatres Holdings Limited is a live company located in london, WC2B 5SP with a Companies House number of 06958072. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in July 2009, it's largest shareholder is andrew lloyd webber with a 100% stake. Lw Theatres Holdings Limited is a established, mega sized company, Pomanda has estimated its turnover at £181.1m with rapid growth in recent years.

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Lw Theatres Holdings Limited Health Check

Pomanda's financial health check has awarded Lw Theatres Holdings Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

7 Strong

positive_score

0 Regular

positive_score

5 Weak

size

Size

annual sales of £181.1m, make it larger than the average company (£5.2m)

£181.1m - Lw Theatres Holdings Limited

£5.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 199%, show it is growing at a faster rate (14%)

199% - Lw Theatres Holdings Limited

14% - Industry AVG

production

Production

with a gross margin of 17.9%, this company has a higher cost of product (49.2%)

17.9% - Lw Theatres Holdings Limited

49.2% - Industry AVG

profitability

Profitability

an operating margin of 9.6% make it more profitable than the average company (2.9%)

9.6% - Lw Theatres Holdings Limited

2.9% - Industry AVG

employees

Employees

with 590 employees, this is above the industry average (33)

590 - Lw Theatres Holdings Limited

33 - Industry AVG

paystructure

Pay Structure

on an average salary of £45.8k, the company has a higher pay structure (£30.3k)

£45.8k - Lw Theatres Holdings Limited

£30.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £307k, this is more efficient (£95.8k)

£307k - Lw Theatres Holdings Limited

£95.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 5 days, this is earlier than average (19 days)

5 days - Lw Theatres Holdings Limited

19 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 13 days, this is quicker than average (35 days)

13 days - Lw Theatres Holdings Limited

35 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 0 days, this is less than average (26 days)

0 days - Lw Theatres Holdings Limited

26 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (80 weeks)

8 weeks - Lw Theatres Holdings Limited

80 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 70.2%, this is a higher level of debt than the average (33.5%)

70.2% - Lw Theatres Holdings Limited

33.5% - Industry AVG

LW THEATRES HOLDINGS LIMITED financials

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Lw Theatres Holdings Limited's latest turnover from June 2024 is £181.1 million and the company has net assets of £62.1 million. According to their latest financial statements, Lw Theatres Holdings Limited has 590 employees and maintains cash reserves of £9.5 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jul 2023Jul 2022Jun 2021Jun 2020Jun 2019Jul 2018Jul 2017Jul 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover181,122,000173,437,000145,506,0006,763,00083,026,000116,920,000112,517,000108,087,000105,638,000110,799,000106,067,000106,029,000153,445,000137,748,000153,147,000
Other Income Or Grants
Cost Of Sales148,699,000141,707,000122,501,00019,104,00078,351,000103,126,000101,175,00099,372,00092,878,00095,660,00092,668,000-2,061,000128,631,000113,292,000124,756,000
Gross Profit32,423,00031,730,00023,005,000-12,341,0004,675,00013,794,00011,342,0008,715,00012,760,00015,139,00013,399,000108,090,00024,814,00024,456,00028,391,000
Admin Expenses14,971,00012,913,00013,033,00010,456,0008,858,0009,953,0007,705,0006,747,0005,847,0005,724,0005,021,000104,059,0009,507,00013,400,00010,383,000
Operating Profit17,452,00018,817,0009,972,000-22,797,000-4,183,0003,841,0003,637,0001,968,0006,913,0009,415,0008,378,0004,031,00015,307,00011,056,00018,008,000
Interest Payable6,214,0002,617,0004,831,0003,811,0002,536,0002,311,0003,363,0003,445,0003,141,0002,857,0003,020,0002,812,0007,096,0007,792,0007,807,000
Interest Receivable460,000545,000202,000300,000325,000123,00014,0009,00016,00020,0005,00027,000267,000531,000492,000
Pre-Tax Profit11,640,00021,452,0009,926,000-25,448,000-7,273,000289,0002,336,000262,0001,913,0004,431,0006,272,0001,899,0009,059,0004,555,00010,693,000
Tax-3,364,000-4,631,000-2,773,0006,478,0001,393,000-370,000-531,000-222,000-209,000-530,000-1,404,000-398,0001,687,00046,000-846,000
Profit After Tax8,276,00016,821,0007,153,000-18,970,000-5,880,000-81,0001,805,00040,0001,704,0003,901,0004,868,0001,501,00010,746,0004,601,0009,847,000
Dividends Paid20,076,000
Retained Profit8,276,00016,821,0007,153,000-18,970,000-5,880,000-81,0001,805,00040,0001,704,0003,901,0004,868,000-18,575,00010,746,0004,601,0009,847,000
Employee Costs27,006,00023,763,00021,413,00011,019,00016,697,00019,659,00018,608,00016,868,00016,792,00017,218,00016,017,00015,396,00020,674,00020,638,00020,947,000
Number Of Employees590471552217418460487457509459449452510541538
EBITDA*20,044,00021,501,00012,767,000-21,537,000-3,022,0004,869,0004,653,0002,839,0007,521,0009,906,0008,728,0004,405,00016,421,00010,854,00013,913,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jul 2023Jul 2022Jun 2021Jun 2020Jun 2019Jul 2018Jul 2017Jul 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets184,232,000186,155,000189,199,000194,489,000179,569,000159,528,000152,369,000168,445,000151,230,000144,063,000144,351,000143,006,000144,148,000166,994,000163,408,000
Intangible Assets422,000316,0001,0001,187,0001,699,0001,809,0001,919,0002,029,0002,139,0001,0001,0001,0003,323,0002,151,000653,000
Investments & Other6,381,00011,718,00017,825,00012,016,00020,685,00016,798,0006,654,0003,450,0002,887,0002,869,0003,123,0002,697,0003,128,0002,928,0003,062,000
Debtors (Due After 1 year)1,045,0003,623,0001,493,000
Total Fixed Assets192,080,000201,812,000208,518,000207,692,000201,953,000178,135,000160,942,000173,924,000156,256,000146,933,000147,475,000145,704,000150,599,000172,073,000167,123,000
Stock & work in progress382,000396,000293,000170,000116,000164,000185,000133,000166,000114,000121,000131,0001,728,0001,389,0001,582,000
Trade Debtors2,926,0002,756,0002,102,000922,000805,0002,902,0002,773,0002,639,0002,418,0002,927,0002,790,0002,849,0006,890,0007,747,0006,247,000
Group Debtors
Misc Debtors3,356,0003,074,0003,782,0004,689,0006,655,0003,614,0005,318,0004,952,0003,866,0004,156,0001,850,0002,079,00010,643,00010,935,00014,655,000
Cash9,546,0007,475,00012,599,0004,776,0001,619,0006,807,00012,527,0002,726,0003,823,0003,753,0002,444,000413,0009,867,0008,963,00015,517,000
misc current assets
total current assets16,210,00013,701,00018,776,00010,557,0009,195,00013,487,00020,803,00010,450,00010,273,00010,950,0007,205,0005,472,00029,128,00029,034,00038,001,000
total assets208,290,000215,513,000227,294,000218,249,000211,148,000191,622,000181,745,000184,374,000166,529,000157,883,000154,680,000151,176,000179,727,000201,107,000205,124,000
Bank overdraft
Bank loan10,000,00015,000,00035,000,00045,000,00025,000,0001,500,0006,500,000
Trade Creditors 5,431,0005,790,0008,293,0003,538,0003,742,0004,538,0004,583,0003,176,0002,540,0001,874,0001,999,0002,254,0007,498,0007,935,0006,555,000
Group/Directors Accounts
other short term finances
hp & lease commitments366,000
other current liabilities42,099,00037,062,00035,277,00035,194,00024,397,00027,137,00025,160,00016,283,00015,822,00014,877,00015,849,00015,332,00029,078,00032,500,00032,543,000
total current liabilities57,530,00057,852,00078,570,00083,732,00053,139,00031,675,00029,743,00020,959,00024,862,00016,751,00017,848,00017,586,00036,576,00040,435,00039,464,000
loans72,546,00071,930,00075,095,00075,356,00075,935,00074,792,00074,983,00089,973,00066,295,00066,243,00067,933,00068,029,00070,467,00089,988,00094,393,000
hp & lease commitments3,555,0003,555,0005,527,000
Accruals and Deferred Income
other liabilities
provisions16,139,00015,588,00014,323,00010,978,00014,718,00014,871,00013,871,00016,022,00019,494,00024,888,0002,348,000
total long term liabilities88,685,00087,518,00089,418,00086,334,00090,653,00089,663,00088,854,000105,995,00085,789,00091,131,00075,293,00076,729,00084,122,000102,543,000113,268,000
total liabilities146,215,000145,370,000167,988,000170,066,000143,792,000121,338,000118,597,000126,954,000110,651,000107,882,00093,141,00094,315,000120,698,000142,978,000152,732,000
net assets62,075,00070,143,00059,306,00048,183,00067,356,00070,284,00063,148,00057,420,00055,878,00050,001,00061,539,00056,861,00059,029,00058,129,00052,392,000
total shareholders funds62,075,00070,143,00059,306,00048,183,00067,356,00070,284,00063,148,00057,420,00055,878,00050,001,00061,539,00056,861,00059,029,00058,129,00052,392,000
Jun 2024Jul 2023Jul 2022Jun 2021Jun 2020Jun 2019Jul 2018Jul 2017Jul 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit17,452,00018,817,0009,972,000-22,797,000-4,183,0003,841,0003,637,0001,968,0006,913,0009,415,0008,378,0004,031,00015,307,00011,056,00018,008,000
Depreciation2,592,0002,684,0002,795,0001,150,0001,051,000918,000906,000761,000554,000491,000350,000356,000861,000789,000668,000
Amortisation110,000110,000110,000110,000110,00054,00018,000253,000-991,000-4,763,000
Tax-3,364,000-4,631,000-2,773,0006,478,0001,393,000-370,000-531,000-222,000-209,000-530,000-1,404,000-398,0001,687,00046,000-846,000
Stock-14,000103,000123,00054,000-48,000-21,00052,000-33,00052,000-7,000-10,000-1,597,000339,000-193,0001,582,000
Debtors-2,126,0002,076,0001,766,000-1,849,000944,000-1,575,000500,0001,307,000-799,0002,443,000-288,000-12,605,000-1,149,000-2,220,00020,902,000
Creditors-359,000-2,503,0004,755,000-204,000-796,000-45,0001,407,000636,000666,000-125,000-255,000-5,244,000-437,0001,380,0006,555,000
Accruals and Deferred Income5,037,0001,785,00083,00010,797,000-2,740,0001,977,0008,877,000461,000945,000-972,000517,000-13,746,000-3,422,000-43,00032,543,000
Deferred Taxes & Provisions551,0001,265,0003,345,000-3,740,000-153,0001,000,000-2,151,000-3,472,000-5,394,00024,888,000-2,348,0002,348,000
Cash flow from operations24,049,00015,238,00016,288,000-6,411,000-6,214,0009,027,00011,703,000-1,032,0004,276,00030,731,0007,884,000-781,00015,059,00012,302,00032,029,000
Investing Activities
capital expenditure-16,298,000-8,086,00017,828,000-17,976,000-4,208,000-225,000-1,724,000-7,639,000-2,246,000-4,822,000-1,466,000
Change in Investments-5,337,000-6,107,0005,809,000-8,669,0003,887,00010,144,0003,204,000563,00018,000-254,000426,000-431,000200,000-134,0003,062,000
cash flow from investments5,337,0006,107,000-5,809,000-7,629,000-3,887,000-18,230,00014,624,000-18,539,000-4,226,00029,000-2,150,000-7,208,000-2,446,000-4,688,000-4,528,000
Financing Activities
Bank loans-5,000,000-20,000,000-10,000,00020,000,00025,000,000-1,500,000-5,000,0006,500,000
Group/Directors Accounts
Other Short Term Loans
Long term loans616,000-3,165,000-261,000-579,0001,143,000-191,000-14,990,00023,678,00052,000-1,690,000-96,000-2,438,000-19,521,000-4,405,00094,393,000
Hire Purchase and Lease Commitments-3,555,000-2,338,0005,893,000
other long term liabilities
share issue-16,344,000-5,984,0003,970,000-203,0002,952,0007,217,0003,923,0001,502,0004,173,000-15,439,000-190,00016,407,000-9,846,0001,136,00042,545,000
interest-5,754,000-2,072,000-4,629,000-3,511,000-2,211,000-2,188,000-3,349,000-3,436,000-3,125,000-2,837,000-3,015,000-2,785,000-6,829,000-7,261,000-7,315,000
cash flow from financing-26,482,000-31,221,000-10,920,00015,707,00026,884,0004,838,000-15,916,00016,744,0007,600,000-19,966,000-3,301,0007,629,000-36,196,000-12,868,000135,516,000
cash and cash equivalents
cash2,071,000-5,124,0007,823,0003,157,000-5,188,000-5,720,0009,801,000-1,097,00070,0001,309,0002,031,000-9,454,000904,000-6,554,00015,517,000
overdraft
change in cash2,071,000-5,124,0007,823,0003,157,000-5,188,000-5,720,0009,801,000-1,097,00070,0001,309,0002,031,000-9,454,000904,000-6,554,00015,517,000

lw theatres holdings limited Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Lw Theatres Holdings Limited Competitor Analysis

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Perform a competitor analysis for lw theatres holdings limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in WC2B area or any other competitors across 12 key performance metrics.

lw theatres holdings limited Ownership

LW THEATRES HOLDINGS LIMITED group structure

Lw Theatres Holdings Limited has 2 subsidiary companies.

Ultimate parent company

LW THEATRES HOLDINGS LIMITED

06958072

2 subsidiaries

LW THEATRES HOLDINGS LIMITED Shareholders

andrew lloyd webber 100%

lw theatres holdings limited directors

Lw Theatres Holdings Limited currently has 8 directors. The longest serving directors include Lord Andrew Lloyd Webber (Jul 2009) and Lady Madeleine Lloyd Webber (Jul 2009).

officercountryagestartendrole
Lord Andrew Lloyd WebberEngland77 years Jul 2009- Director
Lady Madeleine Lloyd WebberEngland62 years Jul 2009- Director
Mr Lawrence ChapmanEngland54 years Apr 2021- Director
Mr David ChanceEngland68 years Jul 2022- Director
Mr Simon DuffyEngland75 years Apr 2023- Director
Mr Darren Atkins50 years Nov 2023- Director
Ms Julie ArnottUnited Kingdom52 years Nov 2023- Director
Mr Timothy Bunting61 years Mar 2024- Director

P&L

June 2024

turnover

181.1m

+4%

operating profit

17.5m

-7%

gross margin

18%

-2.15%

turnover

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

Balance Sheet

June 2024

net assets

62.1m

-0.12%

total assets

208.3m

-0.03%

cash

9.5m

+0.28%

net assets

Total assets minus all liabilities

lw theatres holdings limited company details

company number

06958072

Type

Private limited with Share Capital

industry

90020 - Support activities to performing arts

90040 - Operation of arts facilities

91030 - Operation of historical sites and buildings and similar visitor attractions

incorporation date

July 2009

age

16

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

June 2024

previous names

really useful investments limited (August 2018)

accountant

-

auditor

BDO LLP

address

65 drury lane, london, WC2B 5SP

Bank

HANDELSBANKEN, HANDELSBANKEN, HANDELSBANKEN

Legal Advisor

-

lw theatres 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 lw theatres holdings limited.

lw theatres holdings 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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lw theatres holdings limited Companies House Filings - See Documents

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