joy concerts ltd
joy concerts ltd Company Information
Company Number
10909989
Next Accounts
Sep 2025
Directors
Shareholders
mckeown asset limited
lisa anne simpkins
View AllGroup Structure
View All
Industry
Support activities to performing arts
Registered Address
168 church road, hove, BN3 2DL
Website
-joy concerts ltd Estimated Valuation
Pomanda estimates the enterprise value of JOY CONCERTS LTD at £306.4k based on a Turnover of £540.1k and 0.57x industry multiple (adjusted for size and gross margin).
joy concerts ltd Estimated Valuation
Pomanda estimates the enterprise value of JOY CONCERTS LTD at £698.8k based on an EBITDA of £95.6k and a 7.31x industry multiple (adjusted for size and gross margin).
joy concerts ltd Estimated Valuation
Pomanda estimates the enterprise value of JOY CONCERTS LTD at £98.2k based on Net Assets of £104k and 0.95x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Joy Concerts Ltd Overview
Joy Concerts Ltd is a live company located in hove, BN3 2DL with a Companies House number of 10909989. It operates in the support activities to performing arts sector, SIC Code 90020. Founded in August 2017, it's largest shareholder is mckeown asset limited with a 98% stake. Joy Concerts Ltd is a young, small sized company, Pomanda has estimated its turnover at £540.1k with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Joy Concerts Ltd Health Check
Pomanda's financial health check has awarded Joy Concerts Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
4 Weak
Size
annual sales of £540.1k, make it larger than the average company (£283.4k)
- Joy Concerts Ltd
£283.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 45%, show it is growing at a faster rate (9.8%)
- Joy Concerts Ltd
9.8% - Industry AVG
Production
with a gross margin of 33.6%, this company has a comparable cost of product (33.6%)
- Joy Concerts Ltd
33.6% - Industry AVG
Profitability
an operating margin of 13.7% make it more profitable than the average company (4.1%)
- Joy Concerts Ltd
4.1% - Industry AVG
Employees
with 6 employees, this is similar to the industry average (5)
6 - Joy Concerts Ltd
5 - Industry AVG
Pay Structure
on an average salary of £31.3k, the company has an equivalent pay structure (£31.3k)
- Joy Concerts Ltd
£31.3k - Industry AVG
Efficiency
resulting in sales per employee of £90k, this is equally as efficient (£82.3k)
- Joy Concerts Ltd
£82.3k - Industry AVG
Debtor Days
it gets paid by customers after 27 days, this is later than average (15 days)
- Joy Concerts Ltd
15 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (29 days)
- Joy Concerts Ltd
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Joy Concerts Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 58 weeks, this is less cash available to meet short term requirements (95 weeks)
58 weeks - Joy Concerts Ltd
95 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 63.8%, this is a higher level of debt than the average (33.5%)
63.8% - Joy Concerts Ltd
33.5% - Industry AVG
JOY CONCERTS LTD financials
Joy Concerts Ltd's latest turnover from December 2023 is estimated at £540.1 thousand and the company has net assets of £104 thousand. According to their latest financial statements, Joy Concerts Ltd has 6 employees and maintains cash reserves of £164.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | |
|---|---|---|---|---|---|---|
| Turnover | ||||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | ||||||
| Interest Payable | ||||||
| Interest Receivable | ||||||
| Pre-Tax Profit | ||||||
| Tax | ||||||
| Profit After Tax | ||||||
| Dividends Paid | ||||||
| Retained Profit | ||||||
| Employee Costs | ||||||
| Number Of Employees | 6 | 7 | 4 | 4 | 4 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 35,452 | 53,240 | 5,232 | 3,281 | 5,371 | 5,061 |
| Intangible Assets | ||||||
| Investments & Other | 1,959 | |||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 37,411 | 53,240 | 5,232 | 3,281 | 5,371 | 5,061 |
| Stock & work in progress | ||||||
| Trade Debtors | 40,874 | 6,247 | 695 | 1,535 | 41,015 | 18,236 |
| Group Debtors | ||||||
| Misc Debtors | 44,456 | 35,993 | 98,689 | 47,757 | 28,900 | |
| Cash | 164,263 | 170,813 | 179,874 | 168,118 | 19,685 | 44,241 |
| misc current assets | ||||||
| total current assets | 249,593 | 213,053 | 279,258 | 217,410 | 89,600 | 62,477 |
| total assets | 287,004 | 266,293 | 284,490 | 220,691 | 94,971 | 67,538 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 1,269 | 68,701 | 74,043 | 20,709 | 13,737 | |
| Group/Directors Accounts | 52,660 | |||||
| other short term finances | 24,000 | 24,000 | 24,000 | 2,000 | ||
| hp & lease commitments | ||||||
| other current liabilities | 67,108 | 54,010 | 23,311 | 33,445 | 36,291 | 28,538 |
| total current liabilities | 145,037 | 146,711 | 121,354 | 56,154 | 50,028 | 28,538 |
| loans | 38,000 | 70,000 | 94,000 | 118,000 | ||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | 1,187 | 994 | 624 | 1,020 | ||
| total long term liabilities | 38,000 | 71,187 | 94,994 | 118,624 | 1,020 | |
| total liabilities | 183,037 | 217,898 | 216,348 | 174,778 | 51,048 | 28,538 |
| net assets | 103,967 | 48,395 | 68,142 | 45,913 | 43,923 | 39,000 |
| total shareholders funds | 103,967 | 48,395 | 68,142 | 45,913 | 43,923 | 39,000 |
| Dec 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 21,551 | 15,518 | 3,651 | 3,648 | 3,277 | |
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | 43,090 | -57,144 | 50,092 | -20,623 | 51,679 | 18,236 |
| Creditors | -67,432 | -5,342 | 53,334 | 6,972 | 13,737 | |
| Accruals and Deferred Income | 13,098 | 30,699 | -10,134 | -2,846 | 7,753 | 28,538 |
| Deferred Taxes & Provisions | -1,187 | 193 | 370 | -396 | 1,020 | |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 1,959 | |||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | 52,660 | |||||
| Other Short Term Loans | 22,000 | 2,000 | ||||
| Long term loans | -32,000 | -24,000 | -24,000 | 118,000 | ||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -6,550 | -9,061 | 11,756 | 148,433 | -24,556 | 44,241 |
| overdraft | ||||||
| change in cash | -6,550 | -9,061 | 11,756 | 148,433 | -24,556 | 44,241 |
joy concerts ltd Credit Report and Business Information
Joy Concerts Ltd Competitor Analysis
Perform a competitor analysis for joy concerts ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in BN3 area or any other competitors across 12 key performance metrics.
joy concerts ltd Ownership
JOY CONCERTS LTD group structure
Joy Concerts Ltd has no subsidiary companies.
joy concerts ltd directors
Joy Concerts Ltd currently has 1 director, Mr James McKeown serving since Aug 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James McKeown | United Kingdom | 39 years | Aug 2017 | - | Director |
P&L
December 2023turnover
540.1k
+58%
operating profit
74.1k
0%
gross margin
33.6%
-12.39%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
104k
+1.15%
total assets
287k
+0.08%
cash
164.3k
-0.04%
net assets
Total assets minus all liabilities
joy concerts ltd company details
company number
10909989
Type
Private limited with Share Capital
industry
90020 - Support activities to performing arts
incorporation date
August 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
mckeown events ltd (September 2024)
accountant
UHY HACKER YOUNG
auditor
-
address
168 church road, hove, BN3 2DL
Bank
-
Legal Advisor
-
joy concerts 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 joy concerts ltd.
joy concerts 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.
Click to start generating capital raising & share issue transactions for JOY CONCERTS LTD. This can take several minutes, an email will notify you when this has completed.
joy concerts ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
