ride the wave theatre company ltd

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ride the wave theatre company ltd Company Information

Share RIDE THE WAVE THEATRE COMPANY LTD

Company Number

10386230

Shareholders

lucy saunders

penelope wright

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Group Structure

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Industry

Performing arts

 

Registered Address

11 kingsley lodge, 13 new cavendish street, london, W1G 9UG

ride the wave theatre company ltd Estimated Valuation

£14k

Pomanda estimates the enterprise value of RIDE THE WAVE THEATRE COMPANY LTD at £14k based on a Turnover of £34.1k and 0.41x industry multiple (adjusted for size and gross margin).

ride the wave theatre company ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of RIDE THE WAVE THEATRE COMPANY LTD at £0 based on an EBITDA of £0 and a 4.85x industry multiple (adjusted for size and gross margin).

ride the wave theatre company ltd Estimated Valuation

£1.6k

Pomanda estimates the enterprise value of RIDE THE WAVE THEATRE COMPANY LTD at £1.6k based on Net Assets of £1.3k and 1.22x industry multiple (adjusted for liquidity).

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Ride The Wave Theatre Company Ltd Overview

Ride The Wave Theatre Company Ltd is a live company located in london, W1G 9UG with a Companies House number of 10386230. It operates in the performing arts sector, SIC Code 90010. Founded in September 2016, it's largest shareholder is lucy saunders with a 70% stake. Ride The Wave Theatre Company Ltd is a young, micro sized company, Pomanda has estimated its turnover at £34.1k with declining growth in recent years.

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Ride The Wave Theatre Company Ltd Health Check

Pomanda's financial health check has awarded Ride The Wave Theatre Company Ltd a 1 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

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £34.1k, make it smaller than the average company (£273.9k)

£34.1k - Ride The Wave Theatre Company Ltd

£273.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (4.1%)

-12% - Ride The Wave Theatre Company Ltd

4.1% - Industry AVG

production

Production

with a gross margin of 7.8%, this company has a higher cost of product (33.4%)

7.8% - Ride The Wave Theatre Company Ltd

33.4% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Ride The Wave Theatre Company Ltd

- - Industry AVG

employees

Employees

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

1 - Ride The Wave Theatre Company Ltd

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £26k, the company has an equivalent pay structure (£26k)

£26k - Ride The Wave Theatre Company Ltd

£26k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £34.1k, this is less efficient (£72.9k)

£34.1k - Ride The Wave Theatre Company Ltd

£72.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 35 days, this is later than average (9 days)

35 days - Ride The Wave Theatre Company Ltd

9 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 23 days, this is slower than average (15 days)

23 days - Ride The Wave Theatre Company Ltd

15 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Ride The Wave Theatre Company Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Ride The Wave Theatre Company Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 60.2%, this is a higher level of debt than the average (24.5%)

60.2% - Ride The Wave Theatre Company Ltd

24.5% - Industry AVG

RIDE THE WAVE THEATRE COMPANY LTD financials

EXPORTms excel logo

Ride The Wave Theatre Company Ltd's latest turnover from September 2023 is estimated at £34.1 thousand and the company has net assets of £1.3 thousand. According to their latest financial statements, we estimate that Ride The Wave Theatre Company Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017
Turnover34,08835,84749,72949,58352,31541,3178,558
Other Income Or Grants
Cost Of Sales31,44333,67249,06546,79649,24339,5377,946
Gross Profit2,6452,1756642,7873,0721,780612
Admin Expenses2,6452,9167052,8993,111-1,169754
Operating Profit-741-41-112-392,949-142
Interest Payable
Interest Receivable72
Pre-Tax Profit-741-41-112-392,956-140
Tax-562
Profit After Tax-741-41-112-392,394-140
Dividends Paid
Retained Profit-741-41-112-392,394-140
Employee Costs25,95424,64324,29723,62523,91623,68923,827
Number Of Employees1111111
EBITDA*-741-41-112-392,949-142

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors3,3203,3204,0614,1025,0944,253
Group Debtors
Misc Debtors
Cash1,860
misc current assets
total current assets3,3203,3204,0614,1025,0944,2531,860
total assets3,3203,3204,0614,1025,0944,2531,860
Bank overdraft
Bank loan
Trade Creditors 1,9991,9991,9991,9992,8791,9991,999
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities1,9991,9991,9991,9992,8791,9991,999
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities1,9991,9991,9991,9992,8791,9991,999
net assets1,3211,3212,0622,1032,2152,254-139
total shareholders funds1,3211,3212,0622,1032,2152,254-139
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017
Operating Activities
Operating Profit-741-41-112-392,949-142
Depreciation
Amortisation
Tax-562
Stock
Debtors-741-41-9928414,253
Creditors-8808801,999
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-1,8661,857
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
Hire Purchase and Lease Commitments
other long term liabilities
share issue-11
interest72
cash flow from financing63
cash and cash equivalents
cash-1,8601,860
overdraft
change in cash-1,8601,860

ride the wave theatre company ltd 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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Ride The Wave Theatre Company Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for ride the wave theatre company ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in W1G area or any other competitors across 12 key performance metrics.

ride the wave theatre company ltd Ownership

RIDE THE WAVE THEATRE COMPANY LTD group structure

Ride The Wave Theatre Company Ltd has no subsidiary companies.

Ultimate parent company

RIDE THE WAVE THEATRE COMPANY LTD

10386230

RIDE THE WAVE THEATRE COMPANY LTD Shareholders

lucy saunders 70%
penelope wright 15.33%
andrew neubauer 14.67%

ride the wave theatre company ltd directors

Ride The Wave Theatre Company Ltd currently has 2 directors. The longest serving directors include Mr Eirion Neubauer (Feb 2018) and Mrs Michelle Thomas (Dec 2024).

officercountryagestartendrole
Mr Eirion NeubauerUnited Kingdom64 years Feb 2018- Director
Mrs Michelle ThomasEngland55 years Dec 2024- Director

P&L

September 2023

turnover

34.1k

-5%

operating profit

0

0%

gross margin

7.8%

+27.89%

turnover

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

Balance Sheet

September 2023

net assets

1.3k

0%

total assets

3.3k

0%

cash

0

0%

net assets

Total assets minus all liabilities

ride the wave theatre company ltd company details

company number

10386230

Type

Private limited with Share Capital

industry

90010 - Performing arts

incorporation date

September 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

September 2023

previous names

N/A

accountant

-

auditor

-

address

11 kingsley lodge, 13 new cavendish street, london, W1G 9UG

Bank

-

Legal Advisor

-

ride the wave theatre company 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 ride the wave theatre company ltd.

ride the wave theatre company 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.

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ride the wave theatre company ltd Companies House Filings - See Documents

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