wallsend memorial hall & people's centre
wallsend memorial hall & people's centre Company Information
Group Structure
View All
Industry
Cultural education
Registered Address
10 frank street, wallsend, tyne + wear, NE28 6RN
Website
https://wallsendmem.co.ukwallsend memorial hall & people's centre Estimated Valuation
Pomanda estimates the enterprise value of WALLSEND MEMORIAL HALL & PEOPLE'S CENTRE at £133k based on a Turnover of £158.5k and 0.84x industry multiple (adjusted for size and gross margin).
wallsend memorial hall & people's centre Estimated Valuation
Pomanda estimates the enterprise value of WALLSEND MEMORIAL HALL & PEOPLE'S CENTRE at £0 based on an EBITDA of £-38.7k and a 4.46x industry multiple (adjusted for size and gross margin).
wallsend memorial hall & people's centre Estimated Valuation
Pomanda estimates the enterprise value of WALLSEND MEMORIAL HALL & PEOPLE'S CENTRE at £4.6m based on Net Assets of £1.9m and 2.42x industry multiple (adjusted for liquidity).
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Wallsend Memorial Hall & People's Centre Overview
Wallsend Memorial Hall & People's Centre is a live company located in tyne + wear, NE28 6RN with a Companies House number of 07498784. It operates in the cultural education sector, SIC Code 85520. Founded in January 2011, it's largest shareholder is unknown. Wallsend Memorial Hall & People's Centre is a established, micro sized company, Pomanda has estimated its turnover at £158.5k with declining growth in recent years.
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Wallsend Memorial Hall & People's Centre Health Check
Pomanda's financial health check has awarded Wallsend Memorial Hall & People'S Centre a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £158.5k, make it smaller than the average company (£248.4k)
£158.5k - Wallsend Memorial Hall & People's Centre
£248.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (6.9%)
-11% - Wallsend Memorial Hall & People's Centre
6.9% - Industry AVG
Production
with a gross margin of 69%, this company has a comparable cost of product (69%)
69% - Wallsend Memorial Hall & People's Centre
69% - Industry AVG
Profitability
an operating margin of -38.1% make it less profitable than the average company (1.4%)
-38.1% - Wallsend Memorial Hall & People's Centre
1.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (7)
1 - Wallsend Memorial Hall & People's Centre
7 - Industry AVG
Pay Structure
on an average salary of £9.7k, the company has a lower pay structure (£25.9k)
£9.7k - Wallsend Memorial Hall & People's Centre
£25.9k - Industry AVG
Efficiency
resulting in sales per employee of £158.5k, this is more efficient (£54.3k)
£158.5k - Wallsend Memorial Hall & People's Centre
£54.3k - Industry AVG
Debtor Days
it gets paid by customers after 27 days, this is later than average (12 days)
27 days - Wallsend Memorial Hall & People's Centre
12 days - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (20 days)
18 days - Wallsend Memorial Hall & People's Centre
20 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Wallsend Memorial Hall & People's Centre
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 154 weeks, this is average cash available to meet short term requirements (161 weeks)
154 weeks - Wallsend Memorial Hall & People's Centre
161 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1.3%, this is a lower level of debt than the average (16.2%)
1.3% - Wallsend Memorial Hall & People's Centre
16.2% - Industry AVG
WALLSEND MEMORIAL HALL & PEOPLE'S CENTRE financials
Wallsend Memorial Hall & People'S Centre's latest turnover from March 2024 is £158.5 thousand and the company has net assets of £1.9 million. According to their latest financial statements, Wallsend Memorial Hall & People'S Centre has 1 employee and maintains cash reserves of £74.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 158,489 | 205,696 | 218,234 | 223,161 | 230,213 | 223,437 | 189,499 | 152,843 | 166,218 | 119,464 | 184,756 | 346,162 | 1,736,186 | |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 9,537 | 11,369 | 5,669 | 0 | 0 | 0 | 0 | 0 | |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Pre-Tax Profit | -55,682 | -4,868 | -19,661 | 55,840 | 11,317 | 17,445 | -7,442 | -47,594 | 19,856 | 34,201 | -124,364 | -209,215 | 1,320,603 | |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Profit After Tax | -55,682 | -4,868 | -19,661 | 55,840 | 11,317 | 17,445 | -7,442 | -47,594 | 19,856 | 34,201 | -124,364 | -209,215 | 1,320,603 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | -55,682 | -4,868 | -19,661 | 55,840 | 11,317 | 17,445 | -7,442 | -47,594 | 19,856 | 34,201 | -124,364 | -209,215 | 1,320,603 | |
| Employee Costs | 9,745 | 0 | 0 | 4,329 | 0 | 15,404 | 204,272 | 275,820 | ||||||
| Number Of Employees | 1 | 1 | 2 | 19 | 22 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,462,109 | 1,483,762 | 1,500,357 | 1,513,724 | 1,532,335 | 1,927,166 | 1,571,475 | 1,585,384 | 1,631,680 | 1,653,520 | 1,677,357 | 1,675,199 | 1,286,444 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 375,000 | 375,000 | 375,000 | 375,000 | 375,000 | 0 | 375,000 | 375,000 | 620,480 | 620,480 | 620,480 | 620,480 | 620,480 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,837,109 | 1,858,762 | 1,875,357 | 1,888,724 | 1,907,335 | 1,927,166 | 1,946,475 | 1,960,384 | 2,252,160 | 2,274,000 | 2,297,837 | 2,295,679 | 1,906,924 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 11,753 | 10,647 | 19,791 | 13,370 | 32,424 | 36,046 | 21,421 | 19,007 | 3,114 | 0 | 3,637 | 1,692 | 1,988 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 114,937 | 0 |
| Misc Debtors | 3,541 | 5,077 | 1,433 | 1,062 | 764 | 0 | 3,972 | 0 | 0 | 0 | 0 | 5,108 | 2,062 | 0 |
| Cash | 74,771 | 102,860 | 98,724 | 95,979 | 20,859 | 26,590 | 21,724 | 33,077 | 33,603 | 27,477 | 0 | 20,803 | 224,791 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 90,065 | 118,584 | 119,948 | 110,411 | 54,047 | 62,636 | 47,117 | 52,084 | 36,717 | 27,477 | 3,637 | 27,603 | 343,778 | 0 |
| total assets | 1,927,174 | 1,977,346 | 1,995,305 | 1,999,135 | 1,961,382 | 1,989,802 | 1,993,592 | 2,012,468 | 2,288,877 | 2,301,477 | 2,301,474 | 2,323,282 | 2,250,702 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 5,000 | 18,757 | 18,757 | 0 | 0 | 1,648 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,465 | 3,916 | 5,485 | 2,474 | 13,290 | 37,276 | 45,565 | 39,304 | 26,575 | 61,791 | 98,713 | 17,487 | 21,557 | 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 | 22,737 | 15,776 | 27,298 | 14,478 | 21,749 | 0 | 24,983 | 24,047 | 10,780 | 8,020 | 3,648 | 3,917 | 235,210 | 0 |
| total current liabilities | 25,202 | 19,692 | 32,783 | 16,952 | 35,039 | 74,776 | 89,305 | 82,108 | 37,355 | 69,811 | 104,009 | 21,404 | 256,767 | 0 |
| loans | 0 | 0 | 1,157,016 | 1,157,016 | 1,157,016 | 0 | 1,163,722 | 1,182,353 | 1,210,441 | 0 | 1,210,441 | 1,190,490 | 673,332 | 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 | 1,210,441 | 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 | 1,157,016 | 1,157,016 | 1,157,016 | 1,157,016 | 1,163,722 | 1,182,353 | 1,210,441 | 1,210,441 | 1,210,441 | 1,190,490 | 673,332 | 0 |
| total liabilities | 25,202 | 19,692 | 1,189,799 | 1,173,968 | 1,192,055 | 1,231,792 | 1,253,027 | 1,264,461 | 1,247,796 | 1,280,252 | 1,314,450 | 1,211,894 | 930,099 | 0 |
| net assets | 1,901,972 | 1,957,654 | 805,506 | 825,167 | 769,327 | 758,010 | 740,565 | 748,007 | 1,041,081 | 1,021,225 | 987,024 | 1,111,388 | 1,320,603 | 0 |
| total shareholders funds | 1,901,972 | 1,957,654 | 805,506 | 825,167 | 769,327 | 758,010 | 740,565 | 748,007 | 1,041,081 | 1,021,225 | 987,024 | 1,111,388 | 1,320,603 | 0 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 21,653 | 20,389 | 19,534 | 18,611 | 19,831 | 19,709 | 19,308 | 21,292 | 21,840 | 23,837 | 23,268 | 16,147 | 7,360 | |
| Amortisation | 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 | 0 |
| Debtors | -430 | -5,500 | 6,792 | -18,756 | -2,858 | 10,653 | 6,386 | 15,893 | 3,114 | -3,637 | -3,163 | -112,187 | 118,987 | 0 |
| Creditors | -1,451 | -1,569 | 3,011 | -10,816 | -23,986 | -8,289 | 6,261 | 12,729 | -35,216 | -36,922 | 81,226 | -4,070 | 21,557 | 0 |
| Accruals and Deferred Income | 6,961 | -11,522 | 12,820 | -7,271 | 21,749 | -24,983 | 936 | 13,267 | 2,760 | 4,372 | -269 | -231,293 | 235,210 | 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 | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 375,000 | -375,000 | 0 | -245,480 | 0 | 0 | 0 | 0 | 620,480 | 0 |
| cash flow from investments | ||||||||||||||
| 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 | -1,157,016 | 0 | 0 | 1,157,016 | -1,163,722 | -18,631 | -28,088 | 1,210,441 | -1,210,441 | 19,951 | 517,158 | 673,332 | 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 | -1,210,441 | 1,210,441 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | -11,369 | -5,669 | 0 | 0 | 0 | 0 | 0 | ||
| cash flow from financing | 0 | 0 | 0 | 0 | 1,157,016 | -30,000 | -279,237 | 0 | 0 | 19,951 | 517,158 | 673,332 | ||
| cash and cash equivalents | ||||||||||||||
| cash | -28,089 | 4,136 | 2,745 | 75,120 | -5,731 | 4,866 | -11,353 | -526 | 6,126 | 27,477 | -20,803 | -203,988 | 224,791 | 0 |
| overdraft | 0 | 0 | 0 | 0 | -5,000 | -13,757 | 0 | 18,757 | 0 | -1,648 | 1,648 | 0 | 0 | 0 |
| change in cash | -28,089 | 4,136 | 2,745 | 75,120 | -731 | 18,623 | -11,353 | -19,283 | 6,126 | 29,125 | -22,451 | -203,988 | 224,791 | 0 |
wallsend memorial hall & people's centre Credit Report and Business Information
Wallsend Memorial Hall & People's Centre Competitor Analysis
Perform a competitor analysis for wallsend memorial hall & people's centre by selecting its closest rivals, whether from the EDUCATION sector, other micro companies, companies in NE28 area or any other competitors across 12 key performance metrics.
wallsend memorial hall & people's centre Ownership
WALLSEND MEMORIAL HALL & PEOPLE'S CENTRE group structure
Wallsend Memorial Hall & People'S Centre has no subsidiary companies.
Ultimate parent company
WALLSEND MEMORIAL HALL & PEOPLE'S CENTRE
07498784
wallsend memorial hall & people's centre directors
Wallsend Memorial Hall & People'S Centre currently has 7 directors. The longest serving directors include Dr John Matthews (Jan 2011) and Mr Neil Barker (Jun 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr John Matthews | 64 years | Jan 2011 | - | Director | |
| Mr Neil Barker | 75 years | Jun 2012 | - | Director | |
| Mrs Maureen Madden | 74 years | Sep 2013 | - | Director | |
| Mrs Lesley Spillard | United Kingdom | 70 years | Jan 2017 | - | Director |
| Mr Brian Topping | 75 years | Jul 2018 | - | Director | |
| Mr Michael Lisle | 58 years | Jul 2018 | - | Director | |
| Mr Michael Riley | United Kingdom | 68 years | Jul 2018 | - | Director |
P&L
March 2024turnover
158.5k
-23%
operating profit
-60.3k
0%
gross margin
69%
+5.62%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
1.9m
-0.03%
total assets
1.9m
-0.03%
cash
74.8k
-0.27%
net assets
Total assets minus all liabilities
wallsend memorial hall & people's centre company details
company number
07498784
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85520 - Cultural education
incorporation date
January 2011
age
14
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
JANE FREEMAN
auditor
-
address
10 frank street, wallsend, tyne + wear, NE28 6RN
Bank
UNITY TRUST BANK PLC
Legal Advisor
-
wallsend memorial hall & people's centre 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 found 2 charges/mortgages relating to wallsend memorial hall & people's centre. Currently there are 2 open charges and 0 have been satisfied in the past.
wallsend memorial hall & people's centre 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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wallsend memorial hall & people's centre Companies House Filings - See Documents
| date | description | view/download |
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