east london late starters orchestra (ellso)
east london late starters orchestra (ellso) Company Information
Group Structure
View All
Industry
Performing arts
+1Registered Address
capital office, 124 city road, london, EC1V 2NX
Website
www.ellso.orgeast london late starters orchestra (ellso) Estimated Valuation
Pomanda estimates the enterprise value of EAST LONDON LATE STARTERS ORCHESTRA (ELLSO) at £135.3k based on a Turnover of £177.5k and 0.76x industry multiple (adjusted for size and gross margin).
east london late starters orchestra (ellso) Estimated Valuation
Pomanda estimates the enterprise value of EAST LONDON LATE STARTERS ORCHESTRA (ELLSO) at £0 based on an EBITDA of £-2.7k and a 6.17x industry multiple (adjusted for size and gross margin).
east london late starters orchestra (ellso) Estimated Valuation
Pomanda estimates the enterprise value of EAST LONDON LATE STARTERS ORCHESTRA (ELLSO) at £219.1k based on Net Assets of £114.5k and 1.91x industry multiple (adjusted for liquidity).
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East London Late Starters Orchestra (ellso) Overview
East London Late Starters Orchestra (ellso) is a live company located in london, EC1V 2NX with a Companies House number of 07307638. It operates in the cultural education sector, SIC Code 85520. Founded in July 2010, it's largest shareholder is unknown. East London Late Starters Orchestra (ellso) is a established, micro sized company, Pomanda has estimated its turnover at £177.5k with high growth in recent years.
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East London Late Starters Orchestra (ellso) Health Check
Pomanda's financial health check has awarded East London Late Starters Orchestra (Ellso) a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £177.5k, make it smaller than the average company (£248.6k)
£177.5k - East London Late Starters Orchestra (ellso)
£248.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (4.5%)
27% - East London Late Starters Orchestra (ellso)
4.5% - Industry AVG
Production
with a gross margin of 52.2%, this company has a comparable cost of product (52.2%)
52.2% - East London Late Starters Orchestra (ellso)
52.2% - Industry AVG
Profitability
an operating margin of -1.6% make it less profitable than the average company (0.7%)
-1.6% - East London Late Starters Orchestra (ellso)
0.7% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
- East London Late Starters Orchestra (ellso)
6 - Industry AVG
Pay Structure
on an average salary of £25.2k, the company has an equivalent pay structure (£25.2k)
- East London Late Starters Orchestra (ellso)
£25.2k - Industry AVG
Efficiency
resulting in sales per employee of £59.2k, this is equally as efficient (£63.8k)
- East London Late Starters Orchestra (ellso)
£63.8k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is later than average (10 days)
14 days - East London Late Starters Orchestra (ellso)
10 days - Industry AVG
Creditor Days
its suppliers are paid after 47 days, this is slower than average (18 days)
47 days - East London Late Starters Orchestra (ellso)
18 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - East London Late Starters Orchestra (ellso)
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 195 weeks, this is more cash available to meet short term requirements (139 weeks)
195 weeks - East London Late Starters Orchestra (ellso)
139 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 30%, this is a higher level of debt than the average (22%)
30% - East London Late Starters Orchestra (ellso)
22% - Industry AVG
EAST LONDON LATE STARTERS ORCHESTRA (ELLSO) financials
East London Late Starters Orchestra (Ellso)'s latest turnover from September 2023 is £177.5 thousand and the company has net assets of £114.5 thousand. According to their latest financial statements, we estimate that East London Late Starters Orchestra (Ellso) has 3 employees and maintains cash reserves of £156.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 177,502 | 151,441 | 104,490 | 87,031 | 154,989 | 173,166 | 159,615 | 157,522 | 145,929 | 139,720 | 111,097 | 122,304 | 118,274 |
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | |||||||||||||
| Gross Profit | |||||||||||||
| Admin Expenses | |||||||||||||
| Operating Profit | |||||||||||||
| Interest Payable | |||||||||||||
| Interest Receivable | |||||||||||||
| Pre-Tax Profit | 3,894 | 19,793 | -14,481 | -13,192 | 3,478 | 15,253 | 15,692 | 12,760 | 9,558 | 15,162 | 8,335 | -1,554 | 8,920 |
| Tax | |||||||||||||
| Profit After Tax | 3,894 | 19,793 | -14,481 | -13,192 | 3,478 | 15,253 | 15,692 | 12,760 | 9,558 | 15,162 | 8,335 | -1,554 | 8,920 |
| Dividends Paid | |||||||||||||
| Retained Profit | 3,894 | 19,793 | -14,481 | -13,192 | 3,478 | 15,253 | 15,692 | 12,760 | 9,558 | 15,162 | 8,335 | -1,554 | 8,920 |
| Employee Costs | |||||||||||||
| Number Of Employees | |||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 537 | 742 | 51 | 300 | 1,643 | 2,860 | 4,185 | 5,540 | 7,964 | 6,215 | 5,415 | 4,600 | 4,600 |
| Intangible Assets | |||||||||||||
| Investments & Other | |||||||||||||
| Debtors (Due After 1 year) | |||||||||||||
| Total Fixed Assets | 537 | 742 | 51 | 300 | 1,643 | 2,860 | 4,185 | 5,540 | 7,964 | 6,215 | 5,415 | 4,600 | 4,600 |
| Stock & work in progress | |||||||||||||
| Trade Debtors | 7,112 | 765 | 1,120 | 60 | 422 | 155 | 155 | 1,778 | |||||
| Group Debtors | |||||||||||||
| Misc Debtors | 4,934 | 896 | 200 | 363 | 231 | 180 | 185 | ||||||
| Cash | 156,079 | 150,961 | 144,980 | 133,046 | 162,965 | 164,438 | 174,880 | 119,570 | 133,268 | 78,312 | 49,384 | 37,107 | 39,506 |
| misc current assets | 22 | 15 | |||||||||||
| total current assets | 163,191 | 151,726 | 146,100 | 138,040 | 163,387 | 165,489 | 175,235 | 121,711 | 133,499 | 78,312 | 49,564 | 37,314 | 39,521 |
| total assets | 163,728 | 152,468 | 146,151 | 138,340 | 165,030 | 168,349 | 179,420 | 127,251 | 141,463 | 84,527 | 54,979 | 41,914 | 44,121 |
| Bank overdraft | |||||||||||||
| Bank loan | |||||||||||||
| Trade Creditors | 11,110 | 10,295 | 24,719 | 7,997 | 13,943 | 25,815 | 45,833 | 14,523 | 43,633 | 4,166 | 495 | 1,065 | 475 |
| Group/Directors Accounts | |||||||||||||
| other short term finances | |||||||||||||
| hp & lease commitments | |||||||||||||
| other current liabilities | 30,349 | 27,221 | 20,408 | 22,160 | 25,397 | 25,949 | 32,303 | 27,670 | 25,562 | 6,660 | 1,660 | ||
| total current liabilities | 41,459 | 37,516 | 45,127 | 30,157 | 39,340 | 51,764 | 78,136 | 42,193 | 69,195 | 4,166 | 7,155 | 2,725 | 475 |
| loans | |||||||||||||
| hp & lease commitments | |||||||||||||
| Accruals and Deferred Income | 7,728 | 4,305 | 10,170 | 2,848 | 7,163 | 1,536 | 1,488 | 954 | 924 | 18,575 | 1,200 | 900 | 3,803 |
| other liabilities | |||||||||||||
| provisions | |||||||||||||
| total long term liabilities | 7,728 | 4,305 | 10,170 | 2,848 | 7,163 | 1,536 | 1,488 | 954 | 924 | 18,575 | 1,200 | 900 | 3,803 |
| total liabilities | 49,187 | 41,821 | 55,297 | 33,005 | 46,503 | 53,300 | 79,624 | 43,147 | 70,119 | 22,741 | 8,355 | 3,625 | 4,278 |
| net assets | 114,541 | 110,647 | 90,854 | 105,335 | 118,527 | 115,049 | 99,796 | 84,104 | 71,344 | 61,786 | 46,624 | 38,289 | 39,843 |
| total shareholders funds | 114,541 | 110,647 | 90,854 | 105,335 | 118,527 | 115,049 | 99,796 | 84,104 | 71,344 | 61,786 | 46,624 | 38,289 | 39,843 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 205 | 204 | 249 | 1,343 | 1,345 | 1,325 | 1,385 | 1,385 | |||||
| Amortisation | |||||||||||||
| Tax | |||||||||||||
| Stock | |||||||||||||
| Debtors | 6,347 | -355 | -3,874 | 4,572 | -629 | 696 | -1,786 | 1,910 | 231 | -180 | -5 | 185 | |
| Creditors | 815 | -14,424 | 16,722 | -5,946 | -11,872 | -20,018 | 31,310 | -29,110 | 39,467 | 3,671 | -570 | 590 | 475 |
| Accruals and Deferred Income | 6,551 | 948 | 5,570 | -7,552 | 5,075 | -6,306 | 5,167 | 2,138 | 7,911 | 10,715 | 5,300 | -1,243 | 3,803 |
| Deferred Taxes & Provisions | |||||||||||||
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | |||||||||||||
| cash flow from investments | |||||||||||||
| 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 | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | 30,923 | ||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | 5,118 | 5,981 | 11,934 | -29,919 | -1,473 | -10,442 | 55,310 | -13,698 | 54,956 | 28,928 | 12,277 | -2,399 | 39,506 |
| overdraft | |||||||||||||
| change in cash | 5,118 | 5,981 | 11,934 | -29,919 | -1,473 | -10,442 | 55,310 | -13,698 | 54,956 | 28,928 | 12,277 | -2,399 | 39,506 |
east london late starters orchestra (ellso) Credit Report and Business Information
East London Late Starters Orchestra (ellso) Competitor Analysis
Perform a competitor analysis for east london late starters orchestra (ellso) by selecting its closest rivals, whether from the EDUCATION sector, other micro companies, companies in EC1V area or any other competitors across 12 key performance metrics.
east london late starters orchestra (ellso) Ownership
EAST LONDON LATE STARTERS ORCHESTRA (ELLSO) group structure
East London Late Starters Orchestra (Ellso) has no subsidiary companies.
Ultimate parent company
EAST LONDON LATE STARTERS ORCHESTRA (ELLSO)
07307638
east london late starters orchestra (ellso) directors
East London Late Starters Orchestra (Ellso) currently has 11 directors. The longest serving directors include Ms Pearl Williams (Feb 2016) and Mr Michael Lee (Mar 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Pearl Williams | England | 71 years | Feb 2016 | - | Director |
| Mr Michael Lee | England | 72 years | Mar 2018 | - | Director |
| Zenani Sibindi | England | 33 years | Mar 2019 | - | Director |
| Ms Julia Carroll | England | 69 years | Feb 2020 | - | Director |
| Ms Denise Brewster | England | 52 years | Mar 2022 | - | Director |
| Ms Lynda Rowlinson | England | 63 years | Sep 2022 | - | Director |
| Ms Bernadette Steiert | England | 66 years | Sep 2022 | - | Director |
| Ms Judit Ambrus | England | 41 years | Jan 2023 | - | Director |
| Ms Jacqueline Honeyball | England | 61 years | Mar 2023 | - | Director |
| Ms Jacqueline Parker | England | 56 years | Mar 2023 | - | Director |
P&L
September 2023turnover
177.5k
+17%
operating profit
-2.9k
0%
gross margin
52.2%
+6.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
114.5k
+0.04%
total assets
163.7k
+0.07%
cash
156.1k
+0.03%
net assets
Total assets minus all liabilities
Similar Companies
east london late starters orchestra (ellso) company details
company number
07307638
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
90010 - Performing arts
85520 - Cultural education
incorporation date
July 2010
age
15
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
N/A
accountant
GREGG LOVETT
auditor
-
address
capital office, 124 city road, london, EC1V 2NX
Bank
UNITY TRUST BANK
Legal Advisor
-
east london late starters orchestra (ellso) 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 east london late starters orchestra (ellso).
east london late starters orchestra (ellso) 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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east london late starters orchestra (ellso) Companies House Filings - See Documents
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