ascot racecourse betting & gaming limited
ascot racecourse betting & gaming limited Company Information
Company Number
10732757
Website
-Registered Address
ascot racecourse high street, ascot, SL5 7JX
Industry
Gambling and betting activities
Telephone
443443463000
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
ascot authority (holdings) limited 100%
ascot racecourse betting & gaming limited Estimated Valuation
Pomanda estimates the enterprise value of ASCOT RACECOURSE BETTING & GAMING LIMITED at £2.9m based on a Turnover of £3m and 0.97x industry multiple (adjusted for size and gross margin).
ascot racecourse betting & gaming limited Estimated Valuation
Pomanda estimates the enterprise value of ASCOT RACECOURSE BETTING & GAMING LIMITED at £3m based on an EBITDA of £801k and a 3.79x industry multiple (adjusted for size and gross margin).
ascot racecourse betting & gaming limited Estimated Valuation
Pomanda estimates the enterprise value of ASCOT RACECOURSE BETTING & GAMING LIMITED at £2.7m based on Net Assets of £745k and 3.65x industry multiple (adjusted for liquidity).
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Ascot Racecourse Betting & Gaming Limited Overview
Ascot Racecourse Betting & Gaming Limited is a live company located in ascot, SL5 7JX with a Companies House number of 10732757. It operates in the gambling and betting activities sector, SIC Code 92000. Founded in April 2017, it's largest shareholder is ascot authority (holdings) limited with a 100% stake. Ascot Racecourse Betting & Gaming Limited is a young, small sized company, Pomanda has estimated its turnover at £3m with low growth in recent years.
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Ascot Racecourse Betting & Gaming Limited Health Check
Pomanda's financial health check has awarded Ascot Racecourse Betting & Gaming Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
0 Regular
5 Weak
Size
annual sales of £3m, make it smaller than the average company (£9.2m)
£3m - Ascot Racecourse Betting & Gaming Limited
£9.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a faster rate (-2.4%)
1% - Ascot Racecourse Betting & Gaming Limited
-2.4% - Industry AVG
Production
with a gross margin of 55.8%, this company has a higher cost of product (72.2%)
55.8% - Ascot Racecourse Betting & Gaming Limited
72.2% - Industry AVG
Profitability
an operating margin of 23.2% make it more profitable than the average company (12.6%)
23.2% - Ascot Racecourse Betting & Gaming Limited
12.6% - Industry AVG
Employees
with 5 employees, this is below the industry average (113)
5 - Ascot Racecourse Betting & Gaming Limited
113 - Industry AVG
Pay Structure
on an average salary of £66.8k, the company has a higher pay structure (£26.9k)
£66.8k - Ascot Racecourse Betting & Gaming Limited
£26.9k - Industry AVG
Efficiency
resulting in sales per employee of £602k, this is more efficient (£98.7k)
£602k - Ascot Racecourse Betting & Gaming Limited
£98.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Ascot Racecourse Betting & Gaming Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (37 days)
3 days - Ascot Racecourse Betting & Gaming Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ascot Racecourse Betting & Gaming Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 48 weeks, this is more cash available to meet short term requirements (32 weeks)
48 weeks - Ascot Racecourse Betting & Gaming Limited
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46.4%, this is a lower level of debt than the average (56.9%)
46.4% - Ascot Racecourse Betting & Gaming Limited
56.9% - Industry AVG
ascot racecourse betting & gaming limited Credit Report and Business Information
Ascot Racecourse Betting & Gaming Limited Competitor Analysis
Perform a competitor analysis for ascot racecourse betting & gaming limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
ascot racecourse betting & gaming limited Ownership
ASCOT RACECOURSE BETTING & GAMING LIMITED group structure
Ascot Racecourse Betting & Gaming Limited has no subsidiary companies.
Ultimate parent company
1 parent
ASCOT RACECOURSE BETTING & GAMING LIMITED
10732757
ascot racecourse betting & gaming limited directors
Ascot Racecourse Betting & Gaming Limited currently has 6 directors. The longest serving directors include Mr Nicholas Smith (Apr 2017) and Mr Ian McGregor (Apr 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Smith | 51 years | Apr 2017 | - | Director | |
| Mr Ian McGregor | 61 years | Apr 2017 | - | Director | |
| Mr Alastair Warwick | 52 years | Apr 2017 | - | Director | |
| Mr Nigel Payne | United Kingdom | 64 years | Jul 2018 | - | Director |
| Mrs Felicity Barnard | England | 41 years | Apr 2021 | - | Director |
| Mr Christopher Collard | England | 37 years | Jan 2023 | - | Director |
ASCOT RACECOURSE BETTING & GAMING LIMITED financials
Ascot Racecourse Betting & Gaming Limited's latest turnover from December 2022 is £3 million and the company has net assets of £745 thousand. According to their latest financial statements, Ascot Racecourse Betting & Gaming Limited has 5 employees and maintains cash reserves of £597 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 | 3,010,000 | 1,085,000 | 366,000 | 2,932,000 | 783,000 | 0 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 1,330,000 | 385,000 | 35,000 | 1,075,000 | 250,000 | 0 |
| Gross Profit | 1,680,000 | 700,000 | 331,000 | 1,857,000 | 533,000 | 0 |
| Admin Expenses | 983,000 | 663,000 | 739,000 | 1,270,000 | 771,000 | 0 |
| Operating Profit | 697,000 | 37,000 | -408,000 | 587,000 | -238,000 | 0 |
| Interest Payable | 12,000 | 29,000 | 25,000 | 17,000 | 15,000 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 685,000 | 8,000 | -433,000 | 570,000 | -253,000 | 0 |
| Tax | 8,000 | 23,000 | 20,000 | 9,000 | 8,000 | 0 |
| Profit After Tax | 693,000 | 31,000 | -413,000 | 579,000 | -245,000 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 693,000 | 31,000 | -413,000 | 579,000 | -245,000 | 0 |
| Employee Costs | 334,000 | 301,000 | 385,000 | 408,000 | 231,000 | 0 |
| Number Of Employees | 5 | 4 | 7 | 6 | 5 | |
| EBITDA* | 801,000 | 168,000 | -207,000 | 762,000 | -238,000 | 0 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 47,000 | 151,000 | 282,000 | 457,000 | 462,000 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 37,000 | 17,000 | 0 | 0 |
| Total Fixed Assets | 47,000 | 151,000 | 319,000 | 474,000 | 462,000 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 47,000 | 0 | 0 | 0 |
| Group Debtors | 677,000 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 69,000 | 74,000 | 3,000 | 0 | 8,000 | 0 |
| Cash | 597,000 | 1,116,000 | 528,000 | 897,000 | 437,000 | 100,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,343,000 | 1,190,000 | 578,000 | 897,000 | 445,000 | 100,000 |
| total assets | 1,390,000 | 1,341,000 | 897,000 | 1,371,000 | 907,000 | 100,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 12,000 | 21,000 | 25,000 | 23,000 | 1,000 | 0 |
| 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 | 633,000 | 540,000 | 334,000 | 494,000 | 538,000 | 0 |
| total current liabilities | 645,000 | 561,000 | 359,000 | 517,000 | 539,000 | 0 |
| loans | 0 | 728,000 | 517,000 | 420,000 | 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 | 513,000 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 728,000 | 517,000 | 420,000 | 513,000 | 0 |
| total liabilities | 645,000 | 1,289,000 | 876,000 | 937,000 | 1,052,000 | 0 |
| net assets | 745,000 | 52,000 | 21,000 | 434,000 | -145,000 | 100,000 |
| total shareholders funds | 745,000 | 52,000 | 21,000 | 434,000 | -145,000 | 100,000 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 697,000 | 37,000 | -408,000 | 587,000 | -238,000 | 0 |
| Depreciation | 104,000 | 131,000 | 201,000 | 175,000 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 8,000 | 23,000 | 20,000 | 9,000 | 8,000 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 672,000 | -13,000 | 70,000 | 9,000 | 8,000 | 0 |
| Creditors | -9,000 | -4,000 | 2,000 | 22,000 | 1,000 | 0 |
| Accruals and Deferred Income | 93,000 | 206,000 | -160,000 | -44,000 | 538,000 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 221,000 | 406,000 | -415,000 | 740,000 | 301,000 | 0 |
| 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 | -728,000 | 211,000 | 97,000 | 420,000 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -513,000 | 513,000 | 0 |
| share issue | ||||||
| interest | -12,000 | -29,000 | -25,000 | -17,000 | -15,000 | 0 |
| cash flow from financing | -740,000 | 182,000 | 72,000 | -110,000 | 498,000 | 100,000 |
| cash and cash equivalents | ||||||
| cash | -519,000 | 588,000 | -369,000 | 460,000 | 337,000 | 100,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -519,000 | 588,000 | -369,000 | 460,000 | 337,000 | 100,000 |
P&L
December 2022turnover
3m
+177%
operating profit
697k
+1784%
gross margin
55.9%
-13.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
745k
+13.33%
total assets
1.4m
+0.04%
cash
597k
-0.47%
net assets
Total assets minus all liabilities
Similar Companies
ascot racecourse betting & gaming limited company details
company number
10732757
Type
Private limited with Share Capital
industry
92000 - Gambling and betting activities
incorporation date
April 2017
age
7
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
ascot racecourse high street, ascot, SL5 7JX
last accounts submitted
December 2022
ascot racecourse betting & gaming limited 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 ascot racecourse betting & gaming limited.
ascot racecourse betting & gaming limited Companies House Filings - See Documents
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