worcestershire literary festival cic
worcestershire literary festival cic Company Information
Company Number
07514237
Next Accounts
3 days late
Industry
Other business support service activities n.e.c.
Shareholders
-
Group Structure
View All
Contact
Registered Address
7 nursery road, st johns, worcester, worcestershire, WR2 4HB
Website
worcslitfest.co.ukworcestershire literary festival cic Estimated Valuation
Pomanda estimates the enterprise value of WORCESTERSHIRE LITERARY FESTIVAL CIC at £1.1k based on a Turnover of £1.8k and 0.6x industry multiple (adjusted for size and gross margin).
worcestershire literary festival cic Estimated Valuation
Pomanda estimates the enterprise value of WORCESTERSHIRE LITERARY FESTIVAL CIC at £0 based on an EBITDA of £-91 and a 4.58x industry multiple (adjusted for size and gross margin).
worcestershire literary festival cic Estimated Valuation
Pomanda estimates the enterprise value of WORCESTERSHIRE LITERARY FESTIVAL CIC at £0 based on Net Assets of £-399 and 2.58x industry multiple (adjusted for liquidity).
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Worcestershire Literary Festival Cic Overview
Worcestershire Literary Festival Cic is a live company located in worcester, WR2 4HB with a Companies House number of 07514237. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in February 2011, it's largest shareholder is unknown. Worcestershire Literary Festival Cic is a established, micro sized company, Pomanda has estimated its turnover at £1.8k with declining growth in recent years.
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Worcestershire Literary Festival Cic Health Check
Pomanda's financial health check has awarded Worcestershire Literary Festival Cic a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
7 Weak
Size
annual sales of £1.8k, make it smaller than the average company (£3.3m)
£1.8k - Worcestershire Literary Festival Cic
£3.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -76%, show it is growing at a slower rate (3.7%)
- Worcestershire Literary Festival Cic
3.7% - Industry AVG
Production
with a gross margin of 43.6%, this company has a comparable cost of product (39.1%)
43.6% - Worcestershire Literary Festival Cic
39.1% - Industry AVG
Profitability
an operating margin of -5.1% make it less profitable than the average company (6.5%)
-5.1% - Worcestershire Literary Festival Cic
6.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (22)
1 - Worcestershire Literary Festival Cic
22 - Industry AVG
Pay Structure
on an average salary of £46.2k, the company has an equivalent pay structure (£46.2k)
- Worcestershire Literary Festival Cic
£46.2k - Industry AVG
Efficiency
resulting in sales per employee of £1.8k, this is less efficient (£145.3k)
£1.8k - Worcestershire Literary Festival Cic
£145.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Worcestershire Literary Festival Cic
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Worcestershire Literary Festival Cic
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Worcestershire Literary Festival Cic
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is less cash available to meet short term requirements (25 weeks)
12 weeks - Worcestershire Literary Festival Cic
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 429.8%, this is a higher level of debt than the average (62.4%)
429.8% - Worcestershire Literary Festival Cic
62.4% - Industry AVG
WORCESTERSHIRE LITERARY FESTIVAL CIC financials
Worcestershire Literary Festival Cic's latest turnover from February 2023 is £1.8 thousand and the company has net assets of -£399. According to their latest financial statements, Worcestershire Literary Festival Cic has 1 employee and maintains cash reserves of £121 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,798 | 1,879 | ||||||||||
| Other Income Or Grants | 0 | 0 | ||||||||||
| Cost Of Sales | 1,014 | 1,258 | ||||||||||
| Gross Profit | 784 | 621 | ||||||||||
| Admin Expenses | 875 | 825 | ||||||||||
| Operating Profit | -91 | -204 | ||||||||||
| Interest Payable | 0 | 0 | ||||||||||
| Interest Receivable | 0 | 0 | ||||||||||
| Pre-Tax Profit | -91 | -204 | ||||||||||
| Tax | 0 | 0 | ||||||||||
| Profit After Tax | -91 | -204 | ||||||||||
| Dividends Paid | 0 | 0 | ||||||||||
| Retained Profit | -91 | -204 | ||||||||||
| Employee Costs | ||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | ||||||||
| EBITDA* | -91 | -204 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 |
| Intangible Assets | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 121 | 192 | 396 | 173 | 506 | 1,997 | 260 | 584 | 809 | 804 | 866 | 1 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 121 | 192 | 396 | 173 | 506 | 1,997 | 260 | 584 | 809 | 804 | 866 | 1 |
| total assets | 121 | 193 | 397 | 174 | 507 | 1,998 | 261 | 585 | 810 | 805 | 867 | 2 |
| Bank overdraft | 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 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 340 | 320 | 280 | 0 |
| Group/Directors Accounts | 0 | 0 | 100 | 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 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 520 | 500 | 400 | 400 | 400 | 400 | 380 | 360 | 0 | 0 | 0 | 0 |
| total current liabilities | 520 | 500 | 500 | 400 | 400 | 400 | 380 | 360 | 340 | 320 | 280 | 0 |
| loans | 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 |
| Accruals and Deferred Income | 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 |
| provisions | 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 |
| total liabilities | 520 | 500 | 500 | 400 | 400 | 400 | 380 | 360 | 340 | 320 | 280 | 0 |
| net assets | -399 | -307 | -103 | -226 | 107 | 1,598 | -119 | 225 | 470 | 485 | 587 | 2 |
| total shareholders funds | -399 | -307 | -103 | -226 | 107 | 1,598 | -119 | 225 | 470 | 485 | 587 | 2 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | -91 | -204 | ||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -340 | 20 | 40 | 280 | 0 |
| Accruals and Deferred Income | 20 | 100 | 0 | 0 | 0 | 20 | 20 | 360 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -71 | -104 | ||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -100 | 100 | 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 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | 0 | 0 | ||||||||||
| cash flow from financing | -1 | -100 | ||||||||||
| cash and cash equivalents | ||||||||||||
| cash | -71 | -204 | 223 | -333 | -1,491 | 1,737 | -324 | -225 | 5 | -62 | 865 | 1 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -71 | -204 | 223 | -333 | -1,491 | 1,737 | -324 | -225 | 5 | -62 | 865 | 1 |
worcestershire literary festival cic Credit Report and Business Information
Worcestershire Literary Festival Cic Competitor Analysis
Perform a competitor analysis for worcestershire literary festival cic by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in WR2 area or any other competitors across 12 key performance metrics.
worcestershire literary festival cic Ownership
WORCESTERSHIRE LITERARY FESTIVAL CIC group structure
Worcestershire Literary Festival Cic has no subsidiary companies.
Ultimate parent company
WORCESTERSHIRE LITERARY FESTIVAL CIC
07514237
worcestershire literary festival cic directors
Worcestershire Literary Festival Cic currently has 3 directors. The longest serving directors include Mr Martin Driscoll (Sep 2013) and Ms Nina Lewis (Oct 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Martin Driscoll | United Kingdom | 70 years | Sep 2013 | - | Director |
| Ms Nina Lewis | 48 years | Oct 2022 | - | Director | |
| Dr Mark Robbins | United Kingdom | 68 years | Oct 2022 | - | Director |
P&L
February 2023turnover
1.8k
-4%
operating profit
-91
-55%
gross margin
43.7%
+31.94%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
-399
+0.3%
total assets
121
-0.37%
cash
121
-0.37%
net assets
Total assets minus all liabilities
worcestershire literary festival cic company details
company number
07514237
Type
Private Ltd By Guarantee w/o Share Cap
industry
82990 - Other business support service activities n.e.c.
incorporation date
February 2011
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2023
previous names
worcestershire literary festival ltd (February 2023)
worcestershire festivals limited (July 2011)
accountant
ANTHONY SLANN
auditor
-
address
7 nursery road, st johns, worcester, worcestershire, WR2 4HB
Bank
-
Legal Advisor
-
worcestershire literary festival cic 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 worcestershire literary festival cic.
worcestershire literary festival cic Companies House Filings - See Documents
| date | description | view/download |
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