bare lit community interest company
bare lit community interest company Company Information
Company Number
10513360
Website
barelitfestival.comRegistered Address
13 odell walk odell walk, london, SE13 7DP
Industry
Cultural education
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Shareholders
-0%
bare lit community interest company Estimated Valuation
Pomanda estimates the enterprise value of BARE LIT COMMUNITY INTEREST COMPANY at £0 based on a Turnover of £0 and 0.74x industry multiple (adjusted for size and gross margin).
bare lit community interest company Estimated Valuation
Pomanda estimates the enterprise value of BARE LIT COMMUNITY INTEREST COMPANY at £0 based on an EBITDA of £-4.6k and a 3.84x industry multiple (adjusted for size and gross margin).
bare lit community interest company Estimated Valuation
Pomanda estimates the enterprise value of BARE LIT COMMUNITY INTEREST COMPANY at £12.6k based on Net Assets of £5.5k and 2.28x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Bare Lit Community Interest Company Overview
Bare Lit Community Interest Company is a dissolved company that was located in london, SE13 7DP with a Companies House number of 10513360. It operated in the cultural education sector, SIC Code 85520. Founded in December 2016, it's largest shareholder was unknown. The last turnover for Bare Lit Community Interest Company was estimated at £0.
Upgrade for unlimited company reports & a free credit check
Bare Lit Community Interest Company Health Check
Pomanda's financial health check has awarded Bare Lit Community Interest Company a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 2 areas for improvement. Company Health Check FAQs
3 Strong
0 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Bare Lit Community Interest Company
- - Industry AVG
Growth
3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (3.2%)
- - Bare Lit Community Interest Company
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Bare Lit Community Interest Company
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Bare Lit Community Interest Company
- - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
- Bare Lit Community Interest Company
- - Industry AVG
Pay Structure
on an average salary of £400, the company has a lower pay structure (£24.2k)
- Bare Lit Community Interest Company
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Bare Lit Community Interest Company
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Bare Lit Community Interest Company
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Bare Lit Community Interest Company
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Bare Lit Community Interest Company
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 338 weeks, this is more cash available to meet short term requirements (179 weeks)
- - Bare Lit Community Interest Company
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 15.4%, this is a lower level of debt than the average (17.4%)
- - Bare Lit Community Interest Company
- - Industry AVG
BARE LIT COMMUNITY INTEREST COMPANY financials
Bare Lit Community Interest Company's latest turnover from December 2022 is 0 and the company has net assets of £5.5 thousand. According to their latest financial statements, we estimate that Bare Lit Community Interest Company has 1 employee and maintains cash reserves of £6.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Turnover | 0 | 56,611 | 62,270 | 44,771 | 40,183 | 21,977 |
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | -4,580 | 7,622 | 4,214 | -3,390 | 2,923 | 1,133 |
| Interest Payable | 0 | 0 | 7 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -4,580 | 7,622 | 4,207 | -3,390 | 2,923 | 1,133 |
| Tax | 0 | -1,448 | -155 | 0 | -555 | -218 |
| Profit After Tax | -4,580 | 6,174 | 4,052 | -3,390 | 2,368 | 915 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -4,580 | 6,174 | 4,052 | -3,390 | 2,368 | 915 |
| Employee Costs | 400 | 42,832 | 54,593 | 43,739 | 29,380 | 4,826 |
| Number Of Employees | 3 | |||||
| EBITDA* | -4,580 | 7,622 | 4,214 | -3,390 | 2,923 | 1,133 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 6,544 | 11,724 | 4,101 | 13,499 | 22,763 | 13,355 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 6,544 | 11,724 | 4,101 | 13,499 | 22,763 | 13,355 |
| total assets | 6,544 | 11,724 | 4,101 | 13,499 | 22,763 | 13,355 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 400 | 0 | 0 | 0 | 0 | 218 |
| Group/Directors Accounts | 0 | 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 | 605 | 1,605 | 156 | 13,606 | 19,480 | 12,222 |
| total current liabilities | 1,005 | 1,605 | 156 | 13,606 | 19,480 | 12,440 |
| 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 | 1,005 | 1,605 | 156 | 13,606 | 19,480 | 12,440 |
| net assets | 5,539 | 10,119 | 3,945 | -107 | 3,283 | 915 |
| total shareholders funds | 5,539 | 10,119 | 3,945 | -107 | 3,283 | 915 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | -4,580 | 7,622 | 4,214 | -3,390 | 2,923 | 1,133 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | -1,448 | -155 | 0 | -555 | -218 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 400 | 0 | 0 | 0 | -218 | 218 |
| Accruals and Deferred Income | -1,000 | 1,449 | -13,450 | -5,874 | 7,258 | 12,222 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -5,180 | 7,623 | -9,391 | -9,264 | 9,408 | 13,355 |
| 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 | 0 | 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 | -7 | 0 | 0 | 0 |
| cash flow from financing | 0 | 0 | -7 | 0 | 0 | 0 |
| cash and cash equivalents | ||||||
| cash | -5,180 | 7,623 | -9,398 | -9,264 | 9,408 | 13,355 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -5,180 | 7,623 | -9,398 | -9,264 | 9,408 | 13,355 |
bare lit community interest company Credit Report and Business Information
Bare Lit Community Interest Company Competitor Analysis
Perform a competitor analysis for bare lit community interest company by selecting its closest rivals, whether from the EDUCATION sector, other undefined companies, companies in SE13 area or any other competitors across 12 key performance metrics.
bare lit community interest company Ownership
BARE LIT COMMUNITY INTEREST COMPANY group structure
Bare Lit Community Interest Company has no subsidiary companies.
Ultimate parent company
BARE LIT COMMUNITY INTEREST COMPANY
10513360
bare lit community interest company directors
Bare Lit Community Interest Company currently has 2 directors. The longest serving directors include Mr Mend Mariwany (Dec 2016) and Miss Henna Butt (Feb 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mend Mariwany | England | 35 years | Dec 2016 | - | Director |
| Miss Henna Butt | United Kingdom | 37 years | Feb 2017 | - | Director |
P&L
December 2022turnover
0
-100%
operating profit
-4.6k
-160%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
5.5k
-0.45%
total assets
6.5k
-0.44%
cash
6.5k
-0.44%
net assets
Total assets minus all liabilities
bare lit community interest company company details
company number
10513360
Type
Private Ltd By Guarantee w/o Share Cap
industry
85520 - Cultural education
incorporation date
December 2016
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2022
previous names
N/A
accountant
LLOYDS ACCOUNTING LTD
auditor
-
address
13 odell walk odell walk, london, SE13 7DP
Bank
-
Legal Advisor
-
bare lit community interest company 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 bare lit community interest company.
bare lit community interest company Companies House Filings - See Documents
| date | description | view/download |
|---|
