techex events ltd
techex events ltd Company Information
Company Number
09784800
Next Accounts
111 days late
Directors
Shareholders
ian johnson
richard blythe
Group Structure
View All
Industry
Activities of exhibition and fair organizers
+1Registered Address
armada house telephone avenue, bristol, BS1 4BQ
Website
www.encoremediagroup.comtechex events ltd Estimated Valuation
Pomanda estimates the enterprise value of TECHEX EVENTS LTD at £982.2k based on a Turnover of £1.7m and 0.57x industry multiple (adjusted for size and gross margin).
techex events ltd Estimated Valuation
Pomanda estimates the enterprise value of TECHEX EVENTS LTD at £1.4m based on an EBITDA of £371.8k and a 3.81x industry multiple (adjusted for size and gross margin).
techex events ltd Estimated Valuation
Pomanda estimates the enterprise value of TECHEX EVENTS LTD at £5.7m based on Net Assets of £3m and 1.91x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Techex Events Ltd Overview
Techex Events Ltd is a live company located in bristol, BS1 4BQ with a Companies House number of 09784800. It operates in the public relations and communications activities sector, SIC Code 70210. Founded in September 2015, it's largest shareholder is ian johnson with a 97.5% stake. Techex Events Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.7m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Techex Events Ltd Health Check
Pomanda's financial health check has awarded Techex Events Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
2 Weak
Size
annual sales of £1.7m, make it in line with the average company (£2.1m)
- Techex Events Ltd
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (1.1%)
- Techex Events Ltd
1.1% - Industry AVG
Production
with a gross margin of 55.3%, this company has a comparable cost of product (55.3%)
- Techex Events Ltd
55.3% - Industry AVG
Profitability
an operating margin of 17.9% make it more profitable than the average company (8.8%)
- Techex Events Ltd
8.8% - Industry AVG
Employees
with 15 employees, this is similar to the industry average (14)
15 - Techex Events Ltd
14 - Industry AVG
Pay Structure
on an average salary of £58.1k, the company has an equivalent pay structure (£58.1k)
- Techex Events Ltd
£58.1k - Industry AVG
Efficiency
resulting in sales per employee of £115.4k, this is less efficient (£164.3k)
- Techex Events Ltd
£164.3k - Industry AVG
Debtor Days
it gets paid by customers after 42 days, this is earlier than average (55 days)
- Techex Events Ltd
55 days - Industry AVG
Creditor Days
its suppliers are paid after 98 days, this is slower than average (31 days)
- Techex Events Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Techex Events Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 51 weeks, this is more cash available to meet short term requirements (22 weeks)
51 weeks - Techex Events Ltd
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 14.9%, this is a lower level of debt than the average (69.7%)
14.9% - Techex Events Ltd
69.7% - Industry AVG
TECHEX EVENTS LTD financials
Techex Events Ltd's latest turnover from March 2023 is estimated at £1.7 million and the company has net assets of £3 million. According to their latest financial statements, Techex Events Ltd has 15 employees and maintains cash reserves of £512.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 15 | 13 | 17 | 24 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 249,532 | |||||||
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 249,532 | |||||||
| Stock & work in progress | ||||||||
| Trade Debtors | 199,683 | 489,620 | 90,087 | 356,855 | 1,687,070 | 1,777,834 | 47,787 | 90,742 |
| Group Debtors | ||||||||
| Misc Debtors | 2,333,093 | 2,092,387 | 2,092,387 | 1,813,872 | 42,588 | |||
| Cash | 512,172 | 745,526 | 401,896 | 745,353 | 651,250 | 332,401 | 323,713 | 18,882 |
| misc current assets | 195,559 | 176,795 | 110,875 | 120,000 | 7,694 | 1,319 | ||
| total current assets | 3,240,507 | 3,504,328 | 2,695,245 | 3,036,080 | 2,388,602 | 2,111,554 | 371,500 | 109,624 |
| total assets | 3,490,039 | 3,504,328 | 2,695,245 | 3,036,080 | 2,388,602 | 2,111,554 | 371,500 | 109,624 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 208,138 | 430,271 | 836,160 | 1,121,778 | 331,617 | 328,639 | 166,467 | 110,485 |
| Group/Directors Accounts | ||||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 312,154 | 376,609 | 111,543 | 312,998 | 69,475 | |||
| total current liabilities | 520,292 | 806,880 | 836,160 | 1,121,778 | 443,160 | 641,637 | 235,942 | 110,485 |
| loans | 50,000 | |||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | ||||||||
| total long term liabilities | 50,000 | |||||||
| total liabilities | 520,292 | 806,880 | 886,160 | 1,121,778 | 443,160 | 641,637 | 235,942 | 110,485 |
| net assets | 2,969,747 | 2,697,448 | 1,809,085 | 1,914,302 | 1,945,442 | 1,469,917 | 135,558 | -861 |
| total shareholders funds | 2,969,747 | 2,697,448 | 1,809,085 | 1,914,302 | 1,945,442 | 1,469,917 | 135,558 | -861 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 62,383 | |||||||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | -49,231 | 399,533 | 11,747 | 441,069 | -48,176 | 1,730,047 | -42,955 | 90,742 |
| Creditors | -222,133 | -405,889 | -285,618 | 790,161 | 2,978 | 162,172 | 55,982 | 110,485 |
| Accruals and Deferred Income | -64,455 | 376,609 | -111,543 | -201,455 | 243,523 | 69,475 | ||
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | ||||||||
| Other Short Term Loans | ||||||||
| Long term loans | -50,000 | 50,000 | ||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -233,354 | 343,630 | -343,457 | 94,103 | 318,849 | 8,688 | 304,831 | 18,882 |
| overdraft | ||||||||
| change in cash | -233,354 | 343,630 | -343,457 | 94,103 | 318,849 | 8,688 | 304,831 | 18,882 |
techex events ltd Credit Report and Business Information
Techex Events Ltd Competitor Analysis
Perform a competitor analysis for techex events ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in BS1 area or any other competitors across 12 key performance metrics.
techex events ltd Ownership
TECHEX EVENTS LTD group structure
Techex Events Ltd has no subsidiary companies.
Ultimate parent company
TECHEX EVENTS LTD
09784800
techex events ltd directors
Techex Events Ltd currently has 1 director, Mr Ian Johnson serving since Dec 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Johnson | England | 51 years | Dec 2015 | - | Director |
P&L
March 2023turnover
1.7m
-22%
operating profit
309.4k
0%
gross margin
55.3%
+0.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
3m
+0.1%
total assets
3.5m
0%
cash
512.2k
-0.31%
net assets
Total assets minus all liabilities
techex events ltd company details
company number
09784800
Type
Private limited with Share Capital
industry
82301 - Activities of exhibition and fair organizers
70210 - Public relations and communication activities
incorporation date
September 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
encore media group ltd (March 2021)
accountant
-
auditor
-
address
armada house telephone avenue, bristol, BS1 4BQ
Bank
-
Legal Advisor
-
techex events ltd 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 techex events ltd.
techex events ltd 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 TECHEX EVENTS LTD. This can take several minutes, an email will notify you when this has completed.
techex events ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
