artcity nights
artcity nights Company Information
Company Number
09666463
Next Accounts
May 2025
Industry
Cultural education
Shareholders
-
Group Structure
View All
Contact
Registered Address
units 27-28, palace gardens, church street, enfield, EN2 6SN
artcity nights Estimated Valuation
Pomanda estimates the enterprise value of ARTCITY NIGHTS at £314.2k based on a Turnover of £378.8k and 0.83x industry multiple (adjusted for size and gross margin).
artcity nights Estimated Valuation
Pomanda estimates the enterprise value of ARTCITY NIGHTS at £0 based on an EBITDA of £-15.1k and a 4.5x industry multiple (adjusted for size and gross margin).
artcity nights Estimated Valuation
Pomanda estimates the enterprise value of ARTCITY NIGHTS at £192.2k based on Net Assets of £75.7k and 2.54x industry multiple (adjusted for liquidity).
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Artcity Nights Overview
Artcity Nights is a live company located in enfield, EN2 6SN with a Companies House number of 09666463. It operates in the cultural education sector, SIC Code 85520. Founded in July 2015, it's largest shareholder is unknown. Artcity Nights is a young, micro sized company, Pomanda has estimated its turnover at £378.8k with rapid growth in recent years.
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Artcity Nights Health Check
Pomanda's financial health check has awarded Artcity Nights a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 1 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
1 Weak
Size
annual sales of £378.8k, make it larger than the average company (£229.6k)
£378.8k - Artcity Nights
£229.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 58%, show it is growing at a faster rate (3.7%)
58% - Artcity Nights
3.7% - Industry AVG
Production
with a gross margin of 70.6%, this company has a comparable cost of product (70.6%)
70.6% - Artcity Nights
70.6% - Industry AVG
Profitability
an operating margin of -4% make it less profitable than the average company (1.1%)
-4% - Artcity Nights
1.1% - Industry AVG
Employees
with 7 employees, this is similar to the industry average (6)
- Artcity Nights
6 - Industry AVG
Pay Structure
on an average salary of £24.5k, the company has an equivalent pay structure (£24.5k)
- Artcity Nights
£24.5k - Industry AVG
Efficiency
resulting in sales per employee of £54.1k, this is equally as efficient (£56.5k)
- Artcity Nights
£56.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Artcity Nights
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Artcity Nights
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Artcity Nights
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 745 weeks, this is more cash available to meet short term requirements (153 weeks)
745 weeks - Artcity Nights
153 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 5.7%, this is a lower level of debt than the average (18.2%)
5.7% - Artcity Nights
18.2% - Industry AVG
ARTCITY NIGHTS financials
Artcity Nights's latest turnover from August 2023 is £378.8 thousand and the company has net assets of £75.7 thousand. According to their latest financial statements, we estimate that Artcity Nights has 7 employees and maintains cash reserves of £65.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 378,756 | 60,154 | 253,788 | 96,672 | 165,184 | 408,281 | 206,342 | 248,628 |
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | ||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -12,717 | -33,313 | 43,917 | 23,161 | -23,950 | 42,539 | 4,735 | 31,338 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -12,717 | -33,313 | 43,917 | 23,161 | -23,950 | 42,539 | 4,735 | 31,338 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -12,717 | -33,313 | 43,917 | 23,161 | -23,950 | 42,539 | 4,735 | 31,338 |
| Employee Costs | ||||||||
| Number Of Employees | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
| Investments & Other | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 754 | 23,726 | 0 | 8,600 | 0 | 0 | 0 |
| Group Debtors | 0 | 75,855 | 78,315 | 78,315 | 78,435 | 71,065 | 15,730 | 0 |
| Misc Debtors | 15,000 | 10,750 | 12,600 | 1,085 | 9,133 | 69,812 | 30,898 | 24,285 |
| Cash | 65,259 | 26,444 | 29,694 | 27,538 | 12,457 | 24,369 | 2,774 | 26,067 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 80,259 | 113,803 | 144,335 | 106,938 | 108,625 | 165,246 | 49,402 | 50,352 |
| total assets | 80,261 | 113,805 | 144,337 | 106,940 | 108,627 | 165,248 | 49,404 | 50,353 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 2,500 | 350 | 3,840 | 0 | 0 | 469 | 9,015 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 4,551 | 22,878 | 22,247 | 25,277 | 53,965 | 86,636 | 12,862 | 10,000 |
| total current liabilities | 4,551 | 25,378 | 22,597 | 29,117 | 53,965 | 86,636 | 13,331 | 19,015 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 4,551 | 25,378 | 22,597 | 29,117 | 53,965 | 86,636 | 13,331 | 19,015 |
| net assets | 75,710 | 88,427 | 121,740 | 77,823 | 54,662 | 78,612 | 36,073 | 31,338 |
| total shareholders funds | 75,710 | 88,427 | 121,740 | 77,823 | 54,662 | 78,612 | 36,073 | 31,338 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -72,359 | -27,282 | 35,241 | -16,768 | -44,709 | 94,249 | 22,343 | 24,285 |
| Creditors | -2,500 | 2,150 | -3,490 | 3,840 | 0 | -469 | -8,546 | 9,015 |
| Accruals and Deferred Income | -18,327 | 631 | -3,030 | -28,688 | -32,671 | 73,774 | 2,862 | 10,000 |
| Deferred Taxes & Provisions | 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 | 1 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash and cash equivalents | ||||||||
| cash | 38,815 | -3,250 | 2,156 | 15,081 | -11,912 | 21,595 | -23,293 | 26,067 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 38,815 | -3,250 | 2,156 | 15,081 | -11,912 | 21,595 | -23,293 | 26,067 |
artcity nights Credit Report and Business Information
Artcity Nights Competitor Analysis
Perform a competitor analysis for artcity nights by selecting its closest rivals, whether from the EDUCATION sector, other micro companies, companies in EN2 area or any other competitors across 12 key performance metrics.
artcity nights Ownership
ARTCITY NIGHTS group structure
Artcity Nights has no subsidiary companies.
Ultimate parent company
ARTCITY NIGHTS
09666463
artcity nights directors
Artcity Nights currently has 5 directors. The longest serving directors include Ms Fatos Ustek (Sep 2017) and Mr Nicolas Smirnoff (Sep 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Fatos Ustek | England | 44 years | Sep 2017 | - | Director |
| Mr Nicolas Smirnoff | England | 41 years | Sep 2017 | - | Director |
| Ms Aida Esposito | England | 51 years | Nov 2018 | - | Director |
| Professor Shahidha Bari | 44 years | Feb 2021 | - | Director | |
| Ms Amal Khalaf | England | 42 years | Mar 2021 | - | Director |
P&L
August 2023turnover
378.8k
+530%
operating profit
-15.1k
0%
gross margin
70.7%
+8.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
75.7k
-0.14%
total assets
80.3k
-0.29%
cash
65.3k
+1.47%
net assets
Total assets minus all liabilities
artcity nights company details
company number
09666463
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85520 - Cultural education
incorporation date
July 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
ROBERT NISSEN
auditor
-
address
units 27-28, palace gardens, church street, enfield, EN2 6SN
Bank
BARCLAYS BANK PLC
Legal Advisor
FARRER & CO LLP
artcity nights 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 artcity nights.
artcity nights 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.
Click to start generating capital raising & share issue transactions for ARTCITY NIGHTS. This can take several minutes, an email will notify you when this has completed.
artcity nights Companies House Filings - See Documents
| date | description | view/download |
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