life with art
life with art Company Information
Company Number
07351786
Website
www.lifewithart.co.ukRegistered Address
freshford house redcliffe way, bristol, BS1 6NL
Industry
Operation of arts facilities
Telephone
01179200105
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
-0%
life with art Estimated Valuation
Pomanda estimates the enterprise value of LIFE WITH ART at £65.7k based on a Turnover of £337.7k and 0.19x industry multiple (adjusted for size and gross margin).
life with art Estimated Valuation
Pomanda estimates the enterprise value of LIFE WITH ART at £815.3k based on an EBITDA of £120.5k and a 6.76x industry multiple (adjusted for size and gross margin).
life with art Estimated Valuation
Pomanda estimates the enterprise value of LIFE WITH ART at £149.4k based on Net Assets of £592.8k and 0.25x industry multiple (adjusted for liquidity).
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Life With Art Overview
Life With Art is a live company located in bristol, BS1 6NL with a Companies House number of 07351786. It operates in the operation of arts facilities sector, SIC Code 90040. Founded in August 2010, it's largest shareholder is unknown. Life With Art is a established, micro sized company, Pomanda has estimated its turnover at £337.7k with declining growth in recent years.
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Life With Art Health Check
Pomanda's financial health check has awarded Life With Art a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £337.7k, make it smaller than the average company (£503.1k)
£337.7k - Life With Art
£503.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (1.7%)
-12% - Life With Art
1.7% - Industry AVG
Production
with a gross margin of 66.7%, this company has a comparable cost of product (66.7%)
66.7% - Life With Art
66.7% - Industry AVG
Profitability
an operating margin of 35.3% make it more profitable than the average company (4.9%)
35.3% - Life With Art
4.9% - Industry AVG
Employees
with 7 employees, this is below the industry average (12)
- Life With Art
12 - Industry AVG
Pay Structure
on an average salary of £19.8k, the company has an equivalent pay structure (£19.8k)
- Life With Art
£19.8k - Industry AVG
Efficiency
resulting in sales per employee of £48.2k, this is equally as efficient (£50.2k)
- Life With Art
£50.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Life With Art
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (33 days)
0 days - Life With Art
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Life With Art
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4166 weeks, this is more cash available to meet short term requirements (117 weeks)
4166 weeks - Life With Art
117 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.5%, this is a lower level of debt than the average (19.4%)
0.5% - Life With Art
19.4% - Industry AVG
LIFE WITH ART financials
Life With Art's latest turnover from March 2023 is £337.7 thousand and the company has net assets of £592.8 thousand. According to their latest financial statements, we estimate that Life With Art has 7 employees and maintains cash reserves of £248.4 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 | Aug 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 337,744 | 400,000 | 490,000 | 490,000 | 574,947 | 777,938 | 923,360 | 459,549 | 715,905 | 659,175 | 581,403 | 335,792 | 47,040 |
| 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 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 109,175 | 297,240 | 181,103 | -54,303 | 22,040 | -4,838 | 108,568 | -76,553 | 177,892 | 20,527 | 72,538 | 10,585 | -9,601 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 109,175 | 297,240 | 181,103 | -54,303 | 22,040 | -4,838 | 108,568 | -76,553 | 177,892 | 20,527 | 72,538 | 10,585 | -9,601 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 109,175 | 297,240 | 181,103 | -54,303 | 22,040 | -4,838 | 108,568 | -76,553 | 177,892 | 20,527 | 72,538 | 10,585 | -9,601 |
| Employee Costs | 55,919 | 48,533 | 42,455 | 32,016 | 33,167 | 30,163 | 16,356 | 5,490 | |||||
| Number Of Employees | 6 | 6 | 5 | 5 | 5 | ||||||||
| 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 | Aug 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,482 | 4,643 | 6,191 | 8,254 | 7,686 | 10,248 | 10,427 | 2,714 | 3,619 | 4,825 | 5,479 | 5,832 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,483 | 4,644 | 6,192 | 8,255 | 7,686 | 10,248 | 10,427 | 2,714 | 3,619 | 4,825 | 5,479 | 5,832 | 1 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 515 | 73,012 | 65,721 | 67,774 | 27,830 | 61,670 | 57,015 | 28,946 | 41,232 | 0 |
| Group Debtors | 337,744 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 6,237 | 9,863 | 0 | 4,519 | 17,668 | 100,931 | 0 | 1,073 | 19,421 | 41,977 | 4,798 | 3,682 | 0 |
| Cash | 248,389 | 477,864 | 183,931 | 11,745 | 295,717 | 279,771 | 303,230 | 384,671 | 316,985 | 245,450 | 160,236 | 48,497 | 16,066 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 592,370 | 487,727 | 183,931 | 16,779 | 386,397 | 446,423 | 371,004 | 413,574 | 398,076 | 344,442 | 193,980 | 93,411 | 16,066 |
| total assets | 595,853 | 492,371 | 190,123 | 25,034 | 394,083 | 456,671 | 381,431 | 416,288 | 401,695 | 349,267 | 199,459 | 99,243 | 16,067 |
| Bank overdraft | 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 |
| Trade Creditors | 164 | 5,104 | 1,313 | 6,207 | 926 | 81,822 | 18,619 | 148,924 | 39,905 | 175,624 | 55,498 | 36,454 | 9,667 |
| Group/Directors Accounts | 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 | 15,000 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,936 | 3,689 | 2,472 | 13,592 | 62,398 | 66,130 | 49,255 | 62,375 | 80,248 | 69,993 | 60,838 | 37,204 | 16,001 |
| total current liabilities | 3,100 | 8,793 | 3,785 | 19,799 | 63,324 | 147,952 | 67,874 | 211,299 | 120,153 | 245,617 | 116,336 | 88,658 | 25,668 |
| loans | 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 |
| Accruals and Deferred Income | 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 |
| provisions | 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 |
| total liabilities | 3,100 | 8,793 | 3,785 | 19,799 | 63,324 | 147,952 | 67,874 | 211,299 | 120,153 | 245,617 | 116,336 | 88,658 | 25,668 |
| net assets | 592,753 | 483,578 | 186,338 | 5,235 | 330,759 | 308,719 | 313,557 | 204,989 | 281,542 | 103,650 | 83,123 | 10,585 | -9,601 |
| total shareholders funds | 592,753 | 483,578 | 186,338 | 5,235 | 330,759 | 308,719 | 313,557 | 204,989 | 281,542 | 103,650 | 83,123 | 10,585 | -9,601 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Aug 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 1,161 | 1,548 | 2,933 | 2,289 | 2,562 | 2,960 | 2,198 | 905 | 1,206 | 1,609 | 1,825 | 1,944 | 0 |
| Amortisation | 0 | 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 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 334,118 | 9,863 | -5,034 | -85,646 | -75,972 | 98,878 | 38,871 | -52,188 | -17,901 | 65,248 | -11,170 | 44,914 | 0 |
| Creditors | -4,940 | 3,791 | -4,894 | 5,281 | -80,896 | 63,203 | -130,305 | 109,019 | -135,719 | 120,126 | 19,044 | 26,787 | 9,667 |
| Accruals and Deferred Income | -753 | 1,217 | -11,120 | -48,806 | -3,732 | 16,875 | -13,120 | -17,873 | 10,255 | 9,155 | 23,634 | 21,203 | 16,001 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | 0 | -2,781 | -9,911 | 0 | |||||||||
| Change in Investments | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 1 |
| cash flow from investments | 0 | -2,781 | -9,911 | 0 | |||||||||
| Financing Activities | |||||||||||||
| Bank loans | 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 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -15,000 | 15,000 | 0 |
| Long term loans | 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 |
| other long term liabilities | 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 | 0 |
| cash flow from financing | 0 | 0 | 0 | -271,221 | 0 | 0 | 0 | 0 | 0 | 0 | -15,000 | 24,601 | 0 |
| cash and cash equivalents | |||||||||||||
| cash | -229,475 | 293,933 | 172,186 | -283,972 | 15,946 | -23,459 | -81,441 | 67,686 | 71,535 | 85,214 | 111,739 | 32,431 | 16,066 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -229,475 | 293,933 | 172,186 | -283,972 | 15,946 | -23,459 | -81,441 | 67,686 | 71,535 | 85,214 | 111,739 | 32,431 | 16,066 |
life with art Credit Report and Business Information
Life With Art Competitor Analysis
Perform a competitor analysis for life with art by selecting its closest rivals and benchmarking them against 12 key performance metrics.
life with art Ownership
LIFE WITH ART group structure
Life With Art has 1 subsidiary company.
life with art directors
Life With Art currently has 3 directors. The longest serving directors include Mr David Pigott (Aug 2010) and Mr Andrew Main (Dec 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Pigott | 63 years | Aug 2010 | - | Director | |
| Mr Andrew Main | England | 67 years | Dec 2016 | - | Director |
| Mr Ian Reid | England | 68 years | Feb 2020 | - | Director |
P&L
March 2023turnover
337.7k
-16%
operating profit
119.4k
0%
gross margin
66.7%
+2.82%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
592.8k
+0.23%
total assets
595.9k
+0.21%
cash
248.4k
-0.48%
net assets
Total assets minus all liabilities
life with art company details
company number
07351786
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
90040 - Operation of arts facilities
incorporation date
August 2010
age
14
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
freshford house redcliffe way, bristol, BS1 6NL
last accounts submitted
March 2023
life with art 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 life with art.
life with art Companies House Filings - See Documents
| date | description | view/download |
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