utb events ltd
utb events ltd Company Information
Company Number
10461061
Website
-Registered Address
3 pancras square, london, N1C 4AG
Industry
Support activities to performing arts
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
amaad holdings limited 75%
drumcode limited 25%
utb events ltd Estimated Valuation
Pomanda estimates the enterprise value of UTB EVENTS LTD at £232.4k based on a Turnover of £1.6m and 0.15x industry multiple (adjusted for size and gross margin).
utb events ltd Estimated Valuation
Pomanda estimates the enterprise value of UTB EVENTS LTD at £430.2k based on an EBITDA of £119.5k and a 3.6x industry multiple (adjusted for size and gross margin).
utb events ltd Estimated Valuation
Pomanda estimates the enterprise value of UTB EVENTS LTD at £0 based on Net Assets of £-81.6k and 0.25x industry multiple (adjusted for liquidity).
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Utb Events Ltd Overview
Utb Events Ltd is a live company located in london, N1C 4AG with a Companies House number of 10461061. It operates in the support activities to performing arts sector, SIC Code 90020. Founded in November 2016, it's largest shareholder is amaad holdings limited with a 75% stake. Utb Events Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.6m with declining growth in recent years.
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Utb Events Ltd Health Check
Pomanda's financial health check has awarded Utb Events Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £1.6m, make it larger than the average company (£300.5k)
£1.6m - Utb Events Ltd
£300.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (1.5%)
-5% - Utb Events Ltd
1.5% - Industry AVG
Production
with a gross margin of 10.1%, this company has a higher cost of product (35.5%)
10.1% - Utb Events Ltd
35.5% - Industry AVG
Profitability
an operating margin of 7.6% make it as profitable than the average company (8.6%)
7.6% - Utb Events Ltd
8.6% - Industry AVG
Employees
with 21 employees, this is above the industry average (4)
- Utb Events Ltd
4 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Utb Events Ltd
- - Industry AVG
Efficiency
resulting in sales per employee of £75.1k, this is equally as efficient (£75.8k)
- Utb Events Ltd
£75.8k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (15 days)
1 days - Utb Events Ltd
15 days - Industry AVG
Creditor Days
its suppliers are paid after 55 days, this is slower than average (34 days)
55 days - Utb Events Ltd
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Utb Events Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (96 weeks)
2 weeks - Utb Events Ltd
96 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 108.6%, this is a higher level of debt than the average (33.7%)
108.6% - Utb Events Ltd
33.7% - Industry AVG
utb events ltd Credit Report and Business Information
Utb Events Ltd Competitor Analysis
Perform a competitor analysis for utb events ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
utb events ltd Ownership
UTB EVENTS LTD group structure
Utb Events Ltd has no subsidiary companies.
utb events ltd directors
Utb Events Ltd currently has 5 directors. The longest serving directors include Mr William Harold (Nov 2016) and Mr William Harold (Nov 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr William Harold | England | 42 years | Nov 2016 | - | Director |
| Mr William Harold | United Kingdom | 42 years | Nov 2016 | - | Director |
| Ms Sally Davies | England | 46 years | Dec 2019 | - | Director |
| Ms Sally Davies | England | 46 years | Dec 2019 | - | Director |
| Mr Mark Bain | United Kingdom | 49 years | Jul 2022 | - | Director |
UTB EVENTS LTD financials
Utb Events Ltd's latest turnover from December 2022 is £1.6 million and the company has net assets of -£81.6 thousand. According to their latest financial statements, we estimate that Utb Events Ltd has 21 employees and maintains cash reserves of £49 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Turnover | 1,576,326 | 0 | 99,462 | 1,843,035 | ||
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||
| Cost Of Sales | 1,417,869 | 80,603 | 227,845 | 2,004,971 | ||
| Gross Profit | 158,457 | -80,603 | -128,383 | -161,936 | ||
| Admin Expenses | 38,990 | 1,393 | 27,657 | 7,436 | ||
| Operating Profit | 119,467 | -81,996 | -156,040 | -169,372 | ||
| Interest Payable | 0 | 0 | 0 | 59 | ||
| Interest Receivable | 0 | 0 | 0 | 0 | ||
| Pre-Tax Profit | 119,467 | -81,996 | -156,040 | -169,431 | ||
| Tax | 0 | 0 | 0 | 20,607 | ||
| Profit After Tax | 119,467 | -81,996 | -156,040 | -148,824 | ||
| Dividends Paid | 0 | 0 | 0 | 0 | ||
| Retained Profit | 119,467 | -81,996 | -156,040 | -148,824 | ||
| Employee Costs | 0 | 0 | 0 | |||
| Number Of Employees | ||||||
| EBITDA* | 119,467 | -81,996 | -156,040 | -169,372 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 18,246 |
| Intangible Assets | 1,000 | 1,000 | 1,000 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,000 | 1,000 | 1,000 | 0 | 0 | 18,246 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 5,516 | 20,655 | 393,963 | 415,755 | 787,773 | 10,511 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 896,856 | 785,575 | 322,237 | 202,737 | 506,947 | 378,562 |
| Cash | 48,989 | 42,139 | 6,928 | 14,902 | 41,400 | 3,081 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 951,361 | 848,369 | 723,128 | 633,394 | 1,336,120 | 392,154 |
| total assets | 952,361 | 849,369 | 724,128 | 633,394 | 1,336,120 | 410,400 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 214,400 | 212,001 | 193,256 | 125,919 | 253,905 | 122,890 |
| Group/Directors Accounts | 729,612 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 89,968 | 900,281 | 711,789 | 532,625 | 958,268 | 250,251 |
| total current liabilities | 1,033,980 | 1,112,282 | 905,045 | 658,544 | 1,212,173 | 373,141 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,033,980 | 1,112,282 | 905,045 | 658,544 | 1,212,173 | 373,141 |
| net assets | -81,619 | -262,913 | -180,917 | -25,150 | 123,947 | 37,259 |
| total shareholders funds | -81,619 | -262,913 | -180,917 | -25,150 | 123,947 | 37,259 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 119,467 | -81,996 | -156,040 | -169,372 | ||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 4,561 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 20,607 | ||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 96,142 | 90,030 | 97,708 | 229,419 | 905,647 | 389,073 |
| Creditors | 2,399 | 18,745 | 67,337 | 3,029 | 131,015 | 122,890 |
| Accruals and Deferred Income | -810,313 | 188,492 | 179,164 | 282,374 | 708,017 | 250,251 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -784,589 | 35,211 | -7,247 | -92,781 | ||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 729,612 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | 0 | 0 | 0 | -59 | ||
| cash flow from financing | 791,439 | 0 | 273 | 86,356 | ||
| cash and cash equivalents | ||||||
| cash | 6,850 | 35,211 | -7,974 | 11,821 | 38,319 | 3,081 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 6,850 | 35,211 | -7,974 | 11,821 | 38,319 | 3,081 |
P&L
December 2022turnover
1.6m
0%
operating profit
119.5k
-246%
gross margin
10.1%
-100%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-81.6k
-0.69%
total assets
952.4k
+0.12%
cash
49k
+0.16%
net assets
Total assets minus all liabilities
utb events ltd company details
company number
10461061
Type
Private limited with Share Capital
industry
90020 - Support activities to performing arts
incorporation date
November 2016
age
8
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
3 pancras square, london, N1C 4AG
last accounts submitted
December 2022
utb 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 utb events ltd.
utb events ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
