macfest
macfest Company Information
Company Number
10951781
Website
-Registered Address
bushbury house, 435 wilmslow road, manchester, M20 4AF
Industry
Support activities to performing arts
Telephone
-
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
-0%
macfest Estimated Valuation
Pomanda estimates the enterprise value of MACFEST at £32.5k based on a Turnover of £151.8k and 0.21x industry multiple (adjusted for size and gross margin).
macfest Estimated Valuation
Pomanda estimates the enterprise value of MACFEST at £22.3k based on an EBITDA of £4.1k and a 5.49x industry multiple (adjusted for size and gross margin).
macfest Estimated Valuation
Pomanda estimates the enterprise value of MACFEST at £4.3k based on Net Assets of £18.3k and 0.23x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Macfest Overview
Macfest is a live company located in manchester, M20 4AF with a Companies House number of 10951781. It operates in the support activities to performing arts sector, SIC Code 90020. Founded in September 2017, it's largest shareholder is unknown. Macfest is a young, micro sized company, Pomanda has estimated its turnover at £151.8k with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Macfest Health Check
Pomanda's financial health check has awarded Macfest a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
5 Weak
Size
annual sales of £151.8k, make it smaller than the average company (£280.2k)
- Macfest
£280.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 52%, show it is growing at a faster rate (6.3%)
- Macfest
6.3% - Industry AVG
Production
with a gross margin of 34.8%, this company has a comparable cost of product (34.8%)
- Macfest
34.8% - Industry AVG
Profitability
an operating margin of 2.4% make it less profitable than the average company (6.2%)
- Macfest
6.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (5)
- Macfest
5 - Industry AVG
Pay Structure
on an average salary of £30k, the company has an equivalent pay structure (£30k)
- Macfest
£30k - Industry AVG
Efficiency
resulting in sales per employee of £75.9k, this is equally as efficient (£76.5k)
- Macfest
£76.5k - Industry AVG
Debtor Days
it gets paid by customers after 20 days, this is later than average (15 days)
- Macfest
15 days - Industry AVG
Creditor Days
its suppliers are paid after 39 days, this is slower than average (28 days)
- Macfest
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Macfest
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 89 weeks, this is average cash available to meet short term requirements (111 weeks)
89 weeks - Macfest
111 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 40.3%, this is a higher level of debt than the average (29.3%)
40.3% - Macfest
29.3% - Industry AVG
MACFEST financials
Macfest's latest turnover from September 2023 is estimated at £151.8 thousand and the company has net assets of £18.3 thousand. According to their latest financial statements, we estimate that Macfest has 2 employees and maintains cash reserves of £21.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 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 | 0 | 0 | ||||
| Number Of Employees | 1 | 1 | 1 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 808 | 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 | 808 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 8,664 | 15,100 | 7,500 | 500 | 500 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 21,176 | 9,257 | 955 | 28,252 | 26,579 | 6,509 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 29,840 | 24,357 | 8,455 | 28,752 | 27,079 | 6,509 |
| total assets | 30,648 | 24,357 | 8,455 | 28,752 | 27,079 | 6,509 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 10,692 | 3,753 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 7,116 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,670 | 5,574 | 17,529 | 12,888 | 990 | 1,715 |
| total current liabilities | 12,362 | 9,327 | 17,529 | 12,888 | 8,106 | 1,715 |
| 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 | 12,362 | 9,327 | 17,529 | 12,888 | 8,106 | 1,715 |
| net assets | 18,286 | 15,030 | -9,074 | 15,864 | 18,973 | 4,794 |
| total shareholders funds | 18,286 | 15,030 | -9,074 | 15,864 | 18,973 | 4,794 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 481 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -6,436 | 7,600 | 7,000 | 0 | 500 | 0 |
| Creditors | 6,939 | 3,753 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -3,904 | -11,955 | 4,641 | 11,898 | -725 | 1,715 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| 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 | -7,116 | 7,116 | 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 | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 11,919 | 8,302 | -27,297 | 1,673 | 20,070 | 6,509 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 11,919 | 8,302 | -27,297 | 1,673 | 20,070 | 6,509 |
macfest Credit Report and Business Information
Macfest Competitor Analysis
Perform a competitor analysis for macfest by selecting its closest rivals and benchmarking them against 12 key performance metrics.
macfest Ownership
MACFEST group structure
Macfest has no subsidiary companies.
Ultimate parent company
MACFEST
10951781
macfest directors
Macfest currently has 4 directors. The longest serving directors include Mr Rabnawaz Akbar (Sep 2017) and Mr Khairul Alam (Sep 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Rabnawaz Akbar | England | 58 years | Sep 2017 | - | Director |
| Mr Khairul Alam | England | 68 years | Sep 2017 | - | Director |
| Mrs Qaisra Ahmad | England | 66 years | Sep 2017 | - | Director |
| Dr Shahrukh Ahmad | 33 years | Oct 2021 | - | Director |
P&L
September 2023turnover
151.8k
-19%
operating profit
3.6k
0%
gross margin
34.8%
-15.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
18.3k
+0.22%
total assets
30.6k
+0.26%
cash
21.2k
+1.29%
net assets
Total assets minus all liabilities
macfest company details
company number
10951781
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
90020 - Support activities to performing arts
incorporation date
September 2017
age
7
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
bushbury house, 435 wilmslow road, manchester, M20 4AF
last accounts submitted
September 2023
macfest 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 macfest.
macfest Companies House Filings - See Documents
| date | description | view/download |
|---|
