duet foundation

Live EstablishedDeclining

duet foundation Company Information

Share DUET FOUNDATION

Company Number

08414009

Directors

Mark Clarke

Shareholders

-

Group Structure

View All

Industry

Performing arts

 

Registered Address

landgate chambers landgate, rye, east sussex, TN31 7LJ

duet foundation Estimated Valuation

£0

Pomanda estimates the enterprise value of DUET FOUNDATION at £0 based on a Turnover of £0 and 0.6x industry multiple (adjusted for size and gross margin).

duet foundation Estimated Valuation

£0

Pomanda estimates the enterprise value of DUET FOUNDATION at £0 based on an EBITDA of £-781 and a 6.47x industry multiple (adjusted for size and gross margin).

duet foundation Estimated Valuation

£0

Pomanda estimates the enterprise value of DUET FOUNDATION at £0 based on Net Assets of £-660.6k and 1.58x industry multiple (adjusted for liquidity).

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Duet Foundation Overview

Duet Foundation is a live company located in east sussex, TN31 7LJ with a Companies House number of 08414009. It operates in the performing arts sector, SIC Code 90010. Founded in February 2013, it's largest shareholder is unknown. Duet Foundation is a established, unknown sized company, Pomanda has estimated its turnover at £0 with declining growth in recent years.

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Duet Foundation Health Check

There is insufficient data available to calculate a health check for Duet Foundation. Company Health Check FAQs

Health Check Image
Health Rating0out of 5
positive_score

0 Strong

positive_score

0 Regular

positive_score

4 Weak

size

Size

There is insufficient data available for this Key Performance Indicator!

- - Duet Foundation

- - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (6%)

- - Duet Foundation

- - Industry AVG

production

Production

There is insufficient data available for this Key Performance Indicator!

- - Duet Foundation

- - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Duet Foundation

- - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (6)

- - Duet Foundation

- - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Duet Foundation

- - Industry AVG

efficiency

Efficiency

There is insufficient data available for this Key Performance Indicator!

- - Duet Foundation

- - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Duet Foundation

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Duet Foundation

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Duet Foundation

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (133 weeks)

- - Duet Foundation

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 255154.1%, this is a higher level of debt than the average (24%)

- - Duet Foundation

- - Industry AVG

DUET FOUNDATION financials

EXPORTms excel logo

Duet Foundation's latest turnover from December 2023 is 0 and the company has net assets of -£660.6 thousand. According to their latest financial statements, we estimate that Duet Foundation has 1 employee and maintains cash reserves of £259 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Feb 2015Feb 2014
Turnover0006,78876,9205,01561,2885945,25556,89461,824
Other Income Or Grants00000000000
Cost Of Sales0004,95657,3993,63343,7543930,66533,19839,939
Gross Profit0001,83219,5211,38217,5342014,59023,69621,885
Admin Expenses7822,5901,1182,650116,81468,787153,94828,015143,847115,787127,226
Operating Profit-782-2,590-1,118-818-97,293-67,405-136,414-27,995-129,257-92,091-105,341
Interest Payable0000000345349479424
Interest Receivable00000000000
Pre-Tax Profit-768-2,580-1,118-818-97,229-67,178-136,274-27,979-129,249-92,063-105,334
Tax00000000000
Profit After Tax-768-2,580-1,118-818-97,229-67,178-136,274-27,979-129,249-92,063-105,334
Dividends Paid00000000000
Retained Profit-768-2,580-1,118-818-97,229-67,178-136,274-27,979-129,249-92,063-105,334
Employee Costs00024,05848,32623,99923,89023,947000
Number Of Employees11112111111
EBITDA*-782-2,590-1,118-818-97,293-67,405-136,414-27,995-129,257-92,091-105,341

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Feb 2015Feb 2014
Tangible Assets00000000000
Intangible Assets00000000000
Investments & Other00000000000
Debtors (Due After 1 year)00000000000
Total Fixed Assets00000000000
Stock & work in progress00000000000
Trade Debtors00000000000
Group Debtors00000000000
Misc Debtors00005,14838,3198,82129,83613,0007,2503,000
Cash259259319391716,97443,49312,5126408,7592,631
misc current assets00000000000
total current assets259259319395,16555,29352,31442,34813,64016,0095,631
total assets259259319395,16555,29352,31442,34813,64016,0095,631
Bank overdraft00000000000
Bank loan00000000000
Trade Creditors 000023,04012,9809,3884,3324,3201,9800
Group/Directors Accounts655,642656,601655,641655,20300531,665358,542000
other short term finances00000000000
hp & lease commitments00000000000
other current liabilities5,2073,4801,920960637,431600,3902,16034,099335,966211,426110,965
total current liabilities660,849660,081657,561656,163660,471613,370543,213396,973340,286213,406110,965
loans00000000000
hp & lease commitments00000000000
Accruals and Deferred Income00000000000
other liabilities00000000000
provisions00000000000
total long term liabilities00000000000
total liabilities660,849660,081657,561656,163660,471613,370543,213396,973340,286213,406110,965
net assets-660,590-659,822-657,242-656,124-655,306-558,077-490,899-354,625-326,646-197,397-105,334
total shareholders funds-660,590-659,822-657,242-656,124-655,306-558,077-490,899-354,625-326,646-197,397-105,334
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Feb 2015Feb 2014
Operating Activities
Operating Profit-782-2,590-1,118-818-97,293-67,405-136,414-27,995-129,257-92,091-105,341
Depreciation00000000000
Amortisation00000000000
Tax00000000000
Stock00000000000
Debtors000-5,148-33,17129,498-21,01516,83610,0004,2503,000
Creditors000-23,04010,0603,5925,056124,3201,9800
Accruals and Deferred Income1,7271,560960-636,47137,041598,230-31,939-301,867225,001100,461110,965
Deferred Taxes & Provisions00000000000
Cash flow from operations945-1,030-158-655,181-17,021504,919-142,282-346,68690,0646,1002,624
Investing Activities
capital expenditure00000000000
Change in Investments00000000000
cash flow from investments00000000000
Financing Activities
Bank loans00000000000
Group/Directors Accounts-959960438655,2030-531,665173,123358,542000
Other Short Term Loans 00000000000
Long term loans00000000000
Hire Purchase and Lease Commitments00000000000
other long term liabilities00000000000
share issue00000000-92,06300
interest0000000-345-349-479-424
cash flow from financing-959960438655,2030-531,665173,123358,197-92,412-479-424
cash and cash equivalents
cash0-6028022-16,957-26,51930,98111,872-1,9916,1282,631
overdraft00000000000
change in cash0-6028022-16,957-26,51930,98111,872-1,9916,1282,631

duet foundation Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Duet Foundation Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for duet foundation by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other established companies, companies in TN31 area or any other competitors across 12 key performance metrics.

duet foundation Ownership

DUET FOUNDATION group structure

Duet Foundation has no subsidiary companies.

Ultimate parent company

DUET FOUNDATION

08414009

DUET FOUNDATION Shareholders

--

duet foundation directors

Duet Foundation currently has 1 director, Mr Mark Clarke serving since Feb 2016.

officercountryagestartendrole
Mr Mark ClarkeEngland60 years Feb 2016- Director

P&L

December 2023

turnover

0

0%

operating profit

-781.6

0%

gross margin

0%

0%

turnover

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

Balance Sheet

December 2023

net assets

-660.6k

0%

total assets

259

0%

cash

259

0%

net assets

Total assets minus all liabilities

duet foundation company details

company number

08414009

Type

Private Limited by guarantee without Share Capital Exempt from using Limited

industry

90010 - Performing arts

incorporation date

February 2013

age

12

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

GIBBONS MANNINGTON & PHIPPS LLP

auditor

-

address

landgate chambers landgate, rye, east sussex, TN31 7LJ

Bank

-

Legal Advisor

-

duet foundation 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 duet foundation.

duet foundation 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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duet foundation Companies House Filings - See Documents

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