ascot racecourse betting & gaming limited

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ascot racecourse betting & gaming limited Company Information

Share ASCOT RACECOURSE BETTING & GAMING LIMITED

Company Number

10732757

Shareholders

ascot authority (holdings) limited

Group Structure

View All

Industry

Gambling and betting activities

 

Registered Address

ascot racecourse high street, ascot, SL5 7JX

ascot racecourse betting & gaming limited Estimated Valuation

£4m

Pomanda estimates the enterprise value of ASCOT RACECOURSE BETTING & GAMING LIMITED at £4m based on a Turnover of £3.7m and 1.11x industry multiple (adjusted for size and gross margin).

ascot racecourse betting & gaming limited Estimated Valuation

£4.6m

Pomanda estimates the enterprise value of ASCOT RACECOURSE BETTING & GAMING LIMITED at £4.6m based on an EBITDA of £1.2m and a 3.95x industry multiple (adjusted for size and gross margin).

ascot racecourse betting & gaming limited Estimated Valuation

£6.5m

Pomanda estimates the enterprise value of ASCOT RACECOURSE BETTING & GAMING LIMITED at £6.5m based on Net Assets of £1.9m and 3.46x 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 £3.7m with rapid 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 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £3.7m, make it smaller than the average company (£12.1m)

£3.7m - Ascot Racecourse Betting & Gaming Limited

£12.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 115%, show it is growing at a faster rate (7%)

115% - Ascot Racecourse Betting & Gaming Limited

7% - Industry AVG

production

Production

with a gross margin of 59.8%, this company has a comparable cost of product (72.7%)

59.8% - Ascot Racecourse Betting & Gaming Limited

72.7% - Industry AVG

profitability

Profitability

an operating margin of 30.4% make it more profitable than the average company (11.6%)

30.4% - Ascot Racecourse Betting & Gaming Limited

11.6% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (110)

5 - Ascot Racecourse Betting & Gaming Limited

110 - Industry AVG

paystructure

Pay Structure

on an average salary of £67k, the company has a higher pay structure (£29.4k)

£67k - Ascot Racecourse Betting & Gaming Limited

£29.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £732k, this is more efficient (£119.3k)

£732k - Ascot Racecourse Betting & Gaming Limited

£119.3k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Ascot Racecourse Betting & Gaming Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 6 days, this is quicker than average (26 days)

6 days - Ascot Racecourse Betting & Gaming Limited

26 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Ascot Racecourse Betting & Gaming Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 47 weeks, this is more cash available to meet short term requirements (35 weeks)

47 weeks - Ascot Racecourse Betting & Gaming Limited

35 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 27.8%, this is a lower level of debt than the average (57.8%)

27.8% - Ascot Racecourse Betting & Gaming Limited

57.8% - Industry AVG

ASCOT RACECOURSE BETTING & GAMING LIMITED financials

EXPORTms excel logo

Ascot Racecourse Betting & Gaming Limited's latest turnover from December 2023 is £3.7 million and the company has net assets of £1.9 million. According to their latest financial statements, Ascot Racecourse Betting & Gaming Limited has 5 employees and maintains cash reserves of £669 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
Turnover3,660,0003,010,0001,085,000366,0002,932,000783,0000
Other Income Or Grants-236,000-211,00000000
Cost Of Sales1,236,0001,119,000385,00035,0001,075,000250,0000
Gross Profit2,188,0001,680,000700,000331,0001,857,000533,0000
Admin Expenses1,076,000983,000663,000739,0001,270,000771,0000
Operating Profit1,112,000697,00037,000-408,000587,000-238,0000
Interest Payable012,00029,00025,00017,00015,0000
Interest Receivable65,000000000
Pre-Tax Profit1,177,000685,0008,000-433,000570,000-253,0000
Tax-39,0008,00023,00020,0009,0008,0000
Profit After Tax1,138,000693,00031,000-413,000579,000-245,0000
Dividends Paid0000000
Retained Profit1,138,000693,00031,000-413,000579,000-245,0000
Employee Costs335,000334,000301,000385,000408,000231,0000
Number Of Employees5547651
EBITDA*1,162,000801,000168,000-207,000762,000-238,0000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
Tangible Assets145,00047,000151,000282,000457,000462,0000
Intangible Assets0000000
Investments & Other0000000
Debtors (Due After 1 year)1,795,000746,000037,00017,00000
Total Fixed Assets1,940,000793,000151,000319,000474,000462,0000
Stock & work in progress0000000
Trade Debtors00047,000000
Group Debtors0000000
Misc Debtors0074,0003,00008,0000
Cash669,000597,0001,116,000528,000897,000437,000100,000
misc current assets0000000
total current assets669,000597,0001,190,000578,000897,000445,000100,000
total assets2,609,0001,390,0001,341,000897,0001,371,000907,000100,000
Bank overdraft0000000
Bank loan0000000
Trade Creditors 23,00012,00021,00025,00023,0001,0000
Group/Directors Accounts0000000
other short term finances0000000
hp & lease commitments0000000
other current liabilities703,000633,000540,000334,000494,000538,0000
total current liabilities726,000645,000561,000359,000517,000539,0000
loans00728,000517,000420,00000
hp & lease commitments0000000
Accruals and Deferred Income0000000
other liabilities00000513,0000
provisions0000000
total long term liabilities00728,000517,000420,000513,0000
total liabilities726,000645,0001,289,000876,000937,0001,052,0000
net assets1,883,000745,00052,00021,000434,000-145,000100,000
total shareholders funds1,883,000745,00052,00021,000434,000-145,000100,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
Operating Activities
Operating Profit1,112,000697,00037,000-408,000587,000-238,0000
Depreciation50,000104,000131,000201,000175,00000
Amortisation0000000
Tax-39,0008,00023,00020,0009,0008,0000
Stock0000000
Debtors1,049,000672,000-13,00070,0009,0008,0000
Creditors11,000-9,000-4,0002,00022,0001,0000
Accruals and Deferred Income70,00093,000206,000-160,000-44,000538,0000
Deferred Taxes & Provisions0000000
Cash flow from operations155,000221,000406,000-415,000740,000301,0000
Investing Activities
capital expenditure-148,00000-26,000-170,000-462,0000
Change in Investments0000000
cash flow from investments-148,00000-26,000-170,000-462,0000
Financing Activities
Bank loans0000000
Group/Directors Accounts0000000
Other Short Term Loans 0000000
Long term loans0-728,000211,00097,000420,00000
Hire Purchase and Lease Commitments0000000
other long term liabilities0000-513,000513,0000
share issue000000100,000
interest65,000-12,000-29,000-25,000-17,000-15,0000
cash flow from financing65,000-740,000182,00072,000-110,000498,000100,000
cash and cash equivalents
cash72,000-519,000588,000-369,000460,000337,000100,000
overdraft0000000
change in cash72,000-519,000588,000-369,000460,000337,000100,000

ascot racecourse betting & gaming limited 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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Ascot Racecourse Betting & Gaming Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for ascot racecourse betting & gaming limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in SL5 area or any other competitors across 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 Shareholders

ascot authority (holdings) limited 100%

ascot racecourse betting & gaming limited directors

Ascot Racecourse Betting & Gaming Limited currently has 4 directors. The longest serving directors include Mr Nicholas Smith (Apr 2017) and Mr Ian McGregor (Apr 2017).

officercountryagestartendrole
Mr Nicholas Smith52 years Apr 2017- Director
Mr Ian McGregorUnited Kingdom62 years Apr 2017- Director
Mrs Felicity BarnardEngland42 years Apr 2021- Director
Mr Christopher CollardEngland38 years Jan 2023- Director

P&L

December 2023

turnover

3.7m

+22%

operating profit

1.1m

+60%

gross margin

59.8%

+7.11%

turnover

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

Balance Sheet

December 2023

net assets

1.9m

+1.53%

total assets

2.6m

+0.88%

cash

669k

+0.12%

net assets

Total assets minus all liabilities

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

8

incorporated

UK

ultimate parent company

accounts

Audit Exemption Subsidiary

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

ascot racecourse high street, ascot, SL5 7JX

Bank

-

Legal Advisor

-

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 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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ascot racecourse betting & gaming limited Companies House Filings - See Documents

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