Sorella Events Limited

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sorella events limited Company Information

Live

EstablishedMicroLow

Company Number

07518449

Next Accounts

Nov 2025

Industry

Other personal service activities n.e.c.

Directors

Kerry Goodyear

Kristie McCullough

Shareholders

kerry ann goodyear

kristie mccullough

Group Structure

View All

Contact

Registered Address

16 moorland close, rugeley, WS15 2SR

Website

sorelladecor.co.uk

sorella events limited Estimated Valuation

£102.4k

Pomanda estimates the enterprise value of SORELLA EVENTS LIMITED at £102.4k based on a Turnover of £210.4k and 0.49x industry multiple (adjusted for size and gross margin).

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Sorella Events Limited is a live company located in rugeley, WS15 2SR with a Companies House number of 07518449. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in February 2011, it's largest shareholder is kerry ann goodyear with a 60% stake. Sorella Events Limited is a established, micro sized company, Pomanda has estimated its turnover at £210.4k with low growth in recent years.

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Pomanda's financial health check has awarded Sorella Events Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Rating1out of 5

1 Strong

1 Regular

8 Weak

Size

annual sales of £210.4k, make it smaller than the average company (£851.6k)

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (8.9%)

EXPORT

Sorella Events Limited's latest turnover from February 2024 is estimated at £210.4 thousand and the company has net assets of £4.6 thousand. According to their latest financial statements, Sorella Events Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Feb 2024	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	210,413	168,189	343,430	195,886	96,373	121,969	51,839	57,029	18,048	17,986	24,810	17,287	9,296
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	169,012	134,251	278,921	160,566	76,951	98,638	41,299	45,075	14,117	14,153	19,591	13,424	7,229
Gross Profit	41,401	33,939	64,509	35,321	19,421	23,332	10,540	11,954	3,932	3,832	5,219	3,862	2,067
Admin Expenses	52,476	135,586	-66,148	43,205	15,764	4,485	10,266	11,278	3,937	2,175	1,705	6,795	2,832
Operating Profit	-11,075	-101,647	130,657	-7,884	3,657	18,847	274	676	-5	1,657	3,514	-2,933	-765
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	0	0	0	0	0	0	0	8	30	29	19	9	6
Pre-Tax Profit	-11,075	-101,647	130,657	-7,884	3,657	18,847	274	684	25	1,686	3,532	-2,924	-759
Tax	0	0	-24,825	0	-695	-3,581	-52	-137	-5	-354	-812	0	0
Profit After Tax	-11,075	-101,647	105,832	-7,884	2,962	15,266	222	547	20	1,332	2,720	-2,924	-759
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-11,075	-101,647	105,832	-7,884	2,962	15,266	222	547	20	1,332	2,720	-2,924	-759
Employee Costs	90,636	87,359	85,497	54,041	26,663	52,509	25,044	25,389	27,089	26,705	25,852	26,172	25,982
Number Of Employees	3	3	3	2	1	2	1	1	1	1	1	1	1
EBITDA*	-11,075	-101,647	130,657	-7,884	3,657	18,847	274	676	171	1,892	3,745	-2,718	-478

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Feb 2024	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	2,876	3,451	4,366	4,521	6,027	7,091	9,453	11,537	529	705	696	647	862
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	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	0
Total Fixed Assets	2,876	3,451	4,366	4,521	6,027	7,091	9,453	11,537	529	705	696	647	862
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	700
Trade Debtors	57,144	49,451	143,320	70,360	33,852	37,217	10,101	10,544	0	0	0	0	0
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	1,472	709	0	0	0	0	0	0	0	0	0
Cash	0	0	0	0	0	0	0	0	6,233	5,636	6,127	1,345	2,246
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	57,144	49,451	144,792	71,069	33,852	37,217	10,101	10,544	6,233	5,636	6,127	1,345	2,946
total assets	60,020	52,902	149,158	75,590	39,879	44,308	19,554	22,081	6,762	6,341	6,823	1,992	3,808
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	55,408	37,215	31,824	39,088	14,768	27,884	18,396	21,145	6,371	5,970	7,784	5,673	4,565
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	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0
total current liabilities	55,408	37,215	31,824	39,088	14,768	27,884	18,396	21,145	6,371	5,970	7,784	5,673	4,565
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	1,130	0	0	0	0	0	0	0	0
other liabilities	0	0	0	25,000	2,253	0	0	0	0	0	0	0	0
provisions	0	0	0	0	2,342	0	0	0	0	0	0	0	0
total long term liabilities	0	0	0	25,000	5,725	0	0	0	0	0	0	0	0
total liabilities	55,408	37,215	31,824	64,088	20,493	27,884	18,396	21,145	6,371	5,970	7,784	5,673	4,565
net assets	4,612	15,687	117,334	11,502	19,386	16,424	1,158	936	391	371	-961	-3,681	-757
total shareholders funds	4,612	15,687	117,334	11,502	19,386	16,424	1,158	936	391	371	-961	-3,681	-757

	Feb 2024	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	-11,075	-101,647	130,657	-7,884	3,657	18,847	274	676	-5	1,657	3,514	-2,933	-765
Depreciation	0	0	0	0	0	0	0	0	176	235	231	215	287
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	0	-24,825	0	-695	-3,581	-52	-137	-5	-354	-812	0	0
Stock	0	0	0	0	0	0	0	0	0	0	0	-700	700
Debtors	7,693	-95,341	73,723	37,217	-3,365	27,116	-443	10,544	0	0	0	0	0
Creditors	18,193	5,391	-7,264	24,320	-13,116	9,488	-2,749	14,774	401	-1,814	2,111	1,108	4,565
Accruals and Deferred Income	0	0	0	-1,130	1,130	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	-2,342	2,342	0	0	0	0	0	0	0	0
Cash flow from operations	-575	-915	24,845	-24,253	-3,317	-2,362	-2,084	4,769	567	-276	5,044	-910	3,387
Investing Activities
capital expenditure	575	915	155	1,506	1,064	2,362	2,084	-11,008	0	-244	-280	0	-1,149
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	575	915	155	1,506	1,064	2,362	2,084	-11,008	0	-244	-280	0	-1,149
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	0	0	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	-25,000	22,747	2,253	0	0	0	0	0	0	0	0
share issue	0	0	0	0	0	0	0	-2	0	0	0	0	2
interest	0	0	0	0	0	0	0	8	30	29	19	9	6
cash flow from financing	0	0	-25,000	22,747	2,253	0	0	6	30	29	19	9	8
cash and cash equivalents
cash	0	0	0	0	0	0	0	-6,233	597	-491	4,782	-901	2,246
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	0	0	0	0	0	0	0	-6,233	597	-491	4,782	-901	2,246

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for sorella events limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in WS15 area or any other competitors across 12 key performance metrics.

SORELLA EVENTS LIMITED group structure

Sorella Events Limited has no subsidiary companies.

Ultimate parent company

SORELLA EVENTS LIMITED

07518449

SORELLA EVENTS LIMITED Shareholders

kerry ann goodyear	60%
kristie mccullough	40%

Sorella Events Limited currently has 2 directors. The longest serving directors include Mrs Kerry Goodyear (Feb 2011) and Mrs Kristie McCullough (Jun 2019).

officer	country	age	start	end	role
Mrs Kerry Goodyear	England	48 years	Feb 2011	-	Director
Mrs Kristie McCullough	England	42 years	Jun 2019	-	Director

P&L

February 2024

turnover

210.4k

+25%

operating profit

-11.1k

gross margin

19.7%

-2.49%

turnover

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

Balance Sheet

February 2024

net assets

4.6k

-0.71%

total assets

60k

+0.13%

cash

net assets

Total assets minus all liabilities

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company number

07518449

Type

Private limited with Share Capital

industry

96090 - Other personal service activities n.e.c.

incorporation date

February 2011

ultimate parent company

None

previous names

N/A

address

16 moorland close, rugeley, WS15 2SR

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 sorella events limited.

sorella events limited Company Information

sorella events limited Estimated Valuation

sorella events limited Estimated Valuation

sorella events limited Estimated Valuation

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SORELLA EVENTS LIMITED financials

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