ace events and hospitality limited
ace events and hospitality limited Company Information
Company Number
09091682
Website
-Registered Address
7 beech hill gardens, waltham abbey, essex, EN9 3QP
Industry
Other amusement and recreation activities
Telephone
-
Next Accounts Due
12 days late
Group Structure
View All
Shareholders
matthew john davis 99%
caroline louise davis 1%
ace events and hospitality limited Estimated Valuation
Pomanda estimates the enterprise value of ACE EVENTS AND HOSPITALITY LIMITED at £67.7k based on a Turnover of £73.4k and 0.92x industry multiple (adjusted for size and gross margin).
ace events and hospitality limited Estimated Valuation
Pomanda estimates the enterprise value of ACE EVENTS AND HOSPITALITY LIMITED at £68.7k based on an EBITDA of £15.2k and a 4.51x industry multiple (adjusted for size and gross margin).
ace events and hospitality limited Estimated Valuation
Pomanda estimates the enterprise value of ACE EVENTS AND HOSPITALITY LIMITED at £494 based on Net Assets of £189 and 2.62x industry multiple (adjusted for liquidity).
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Ace Events And Hospitality Limited Overview
Ace Events And Hospitality Limited is a live company located in essex, EN9 3QP with a Companies House number of 09091682. It operates in the other amusement and recreation activities n.e.c. sector, SIC Code 93290. Founded in June 2014, it's largest shareholder is matthew john davis with a 99% stake. Ace Events And Hospitality Limited is a established, micro sized company, Pomanda has estimated its turnover at £73.4k with declining growth in recent years.
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Ace Events And Hospitality Limited Health Check
Pomanda's financial health check has awarded Ace Events And Hospitality Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £73.4k, make it smaller than the average company (£322.1k)
- Ace Events And Hospitality Limited
£322.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (4%)
- Ace Events And Hospitality Limited
4% - Industry AVG
Production
with a gross margin of 63.3%, this company has a comparable cost of product (63.3%)
- Ace Events And Hospitality Limited
63.3% - Industry AVG
Profitability
an operating margin of 20.7% make it more profitable than the average company (12.6%)
- Ace Events And Hospitality Limited
12.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (10)
2 - Ace Events And Hospitality Limited
10 - Industry AVG
Pay Structure
on an average salary of £17.3k, the company has an equivalent pay structure (£17.3k)
- Ace Events And Hospitality Limited
£17.3k - Industry AVG
Efficiency
resulting in sales per employee of £36.7k, this is less efficient (£52.8k)
- Ace Events And Hospitality Limited
£52.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Ace Events And Hospitality Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (48 days)
- Ace Events And Hospitality Limited
48 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ace Events And Hospitality Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 58 weeks, this is less cash available to meet short term requirements (99 weeks)
58 weeks - Ace Events And Hospitality Limited
99 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.4%, this is a higher level of debt than the average (32.3%)
99.4% - Ace Events And Hospitality Limited
32.3% - Industry AVG
ACE EVENTS AND HOSPITALITY LIMITED financials
Ace Events And Hospitality Limited's latest turnover from January 2023 is estimated at £73.4 thousand and the company has net assets of £189. According to their latest financial statements, Ace Events And Hospitality Limited has 2 employees and maintains cash reserves of £10.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | |||||||||
| Tax | |||||||||
| Profit After Tax | |||||||||
| Dividends Paid | |||||||||
| Retained Profit | |||||||||
| Employee Costs | |||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 178 | 238 | 317 | 423 | 564 | 752 | 1,564 | 2,192 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 178 | 238 | 317 | 423 | 564 | 752 | 1,564 | 2,192 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 1 | 2,542 | 8,305 | 12,810 | 17,129 | 15,960 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 21,124 | 32,929 | 24,038 | 13,081 | 17,100 | 19,200 | 0 | 0 | 0 |
| Cash | 10,170 | 0 | 2,876 | 1,064 | 6,018 | 5,027 | 0 | 10,278 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 31,294 | 32,929 | 26,915 | 16,687 | 31,423 | 37,037 | 17,129 | 26,238 | 0 |
| total assets | 31,472 | 33,167 | 27,232 | 17,110 | 31,987 | 37,789 | 18,693 | 28,430 | 0 |
| Bank overdraft | 0 | 11,390 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 630 | 350 | 0 | 5,388 | 18,825 | 6,944 | 13,081 | 4,245 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 8,415 | 500 | 619 | 1,851 | 2,675 | 11,311 | 0 | 0 | 0 |
| total current liabilities | 9,045 | 12,240 | 619 | 7,239 | 21,500 | 18,255 | 13,081 | 4,245 | 0 |
| loans | 22,238 | 30,700 | 34,001 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 802 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 1,373 | 4,688 | 23,890 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 22,238 | 30,700 | 34,001 | 0 | 0 | 1,373 | 5,490 | 23,890 | 0 |
| total liabilities | 31,283 | 42,940 | 34,620 | 7,239 | 21,500 | 19,628 | 18,571 | 28,135 | 0 |
| net assets | 189 | -9,773 | -7,388 | 9,871 | 10,487 | 18,161 | 122 | 295 | 0 |
| total shareholders funds | 189 | -9,773 | -7,388 | 9,871 | 10,487 | 18,161 | 122 | 295 | 0 |
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 60 | 79 | 106 | 141 | 188 | 1,001 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -11,805 | 8,890 | 8,416 | -9,782 | -6,605 | 14,881 | 1,169 | 15,960 | 0 |
| Creditors | 280 | 350 | -5,388 | -13,437 | 11,881 | -6,137 | 8,836 | 4,245 | 0 |
| Accruals and Deferred Income | 7,915 | -119 | -1,232 | -824 | -8,636 | 10,509 | 802 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -8,462 | -3,301 | 34,001 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | -1,373 | -3,315 | -19,202 | 23,890 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 10,170 | -2,876 | 1,812 | -4,954 | 991 | 5,027 | -10,278 | 10,278 | 0 |
| overdraft | -11,390 | 11,390 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 21,560 | -14,266 | 1,812 | -4,954 | 991 | 5,027 | -10,278 | 10,278 | 0 |
ace events and hospitality limited Credit Report and Business Information
Ace Events And Hospitality Limited Competitor Analysis
Perform a competitor analysis for ace events and hospitality limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in EN9 area or any other competitors across 12 key performance metrics.
ace events and hospitality limited Ownership
ACE EVENTS AND HOSPITALITY LIMITED group structure
Ace Events And Hospitality Limited has no subsidiary companies.
Ultimate parent company
ACE EVENTS AND HOSPITALITY LIMITED
09091682
ace events and hospitality limited directors
Ace Events And Hospitality Limited currently has 2 directors. The longest serving directors include Mr Matthew Davis (Jun 2014) and Mrs Caroline Davis (Sep 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Matthew Davis | 56 years | Jun 2014 | - | Director | |
| Mrs Caroline Davis | England | 42 years | Sep 2016 | - | Director |
P&L
January 2023turnover
73.4k
+35%
operating profit
15.2k
0%
gross margin
63.4%
-3.96%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2023net assets
189
-1.02%
total assets
31.5k
-0.05%
cash
10.2k
0%
net assets
Total assets minus all liabilities
ace events and hospitality limited company details
company number
09091682
Type
Private limited with Share Capital
industry
93290 - Other amusement and recreation activities
incorporation date
June 2014
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
January 2023
previous names
N/A
accountant
JOHAL & COMPANY
auditor
-
address
7 beech hill gardens, waltham abbey, essex, EN9 3QP
Bank
-
Legal Advisor
-
ace events and hospitality limited 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 ace events and hospitality limited.
ace events and hospitality limited Companies House Filings - See Documents
| date | description | view/download |
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