smyle creative group limited
smyle creative group limited Company Information
Company Number
11259975
Website
smyle.tvRegistered Address
the lockhouse mead lane, hertford, SG13 7AX
Industry
Activities of conference organizers
Telephone
441992535535
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
rockpool investment nominee limited 86%
richard stainton 4.4%
View Allsmyle creative group limited Estimated Valuation
Pomanda estimates the enterprise value of SMYLE CREATIVE GROUP LIMITED at £42.8m based on a Turnover of £42.2m and 1.01x industry multiple (adjusted for size and gross margin).
smyle creative group limited Estimated Valuation
Pomanda estimates the enterprise value of SMYLE CREATIVE GROUP LIMITED at £6.3m based on an EBITDA of £906.9k and a 6.96x industry multiple (adjusted for size and gross margin).
smyle creative group limited Estimated Valuation
Pomanda estimates the enterprise value of SMYLE CREATIVE GROUP LIMITED at £0 based on Net Assets of £-2.2m and 1.83x industry multiple (adjusted for liquidity).
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Smyle Creative Group Limited Overview
Smyle Creative Group Limited is a live company located in hertford, SG13 7AX with a Companies House number of 11259975. It operates in the activities of conference organisers sector, SIC Code 82302. Founded in March 2018, it's largest shareholder is rockpool investment nominee limited with a 86% stake. Smyle Creative Group Limited is a young, large sized company, Pomanda has estimated its turnover at £42.2m with healthy growth in recent years.
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Smyle Creative Group Limited Health Check
Pomanda's financial health check has awarded Smyle Creative Group Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
4 Weak
Size
annual sales of £42.2m, make it larger than the average company (£292k)
£42.2m - Smyle Creative Group Limited
£292k - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a faster rate (-3.3%)
4% - Smyle Creative Group Limited
-3.3% - Industry AVG
Production
with a gross margin of 38.3%, this company has a comparable cost of product (47%)
38.3% - Smyle Creative Group Limited
47% - Industry AVG
Profitability
an operating margin of -3.6% make it less profitable than the average company (6.1%)
-3.6% - Smyle Creative Group Limited
6.1% - Industry AVG
Employees
with 194 employees, this is above the industry average (4)
194 - Smyle Creative Group Limited
4 - Industry AVG
Pay Structure
on an average salary of £58.3k, the company has a higher pay structure (£41.8k)
£58.3k - Smyle Creative Group Limited
£41.8k - Industry AVG
Efficiency
resulting in sales per employee of £217.7k, this is more efficient (£88.3k)
£217.7k - Smyle Creative Group Limited
£88.3k - Industry AVG
Debtor Days
it gets paid by customers after 41 days, this is earlier than average (58 days)
41 days - Smyle Creative Group Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 56 days, this is slower than average (41 days)
56 days - Smyle Creative Group Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Smyle Creative Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (41 weeks)
2 weeks - Smyle Creative Group Limited
41 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 112.4%, this is a higher level of debt than the average (73.9%)
112.4% - Smyle Creative Group Limited
73.9% - Industry AVG
SMYLE CREATIVE GROUP LIMITED financials
Smyle Creative Group Limited's latest turnover from March 2023 is £42.2 million and the company has net assets of -£2.2 million. According to their latest financial statements, Smyle Creative Group Limited has 194 employees and maintains cash reserves of £681 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Turnover | 42,226,486 | 26,028,399 | 12,300,921 | 37,346,990 | 26,340,626 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 26,046,554 | 14,879,824 | 7,107,038 | 26,185,218 | 19,386,980 |
| Gross Profit | 16,179,932 | 11,148,575 | 5,193,883 | 11,161,772 | 6,953,646 |
| Admin Expenses | 17,719,481 | 11,858,319 | 7,771,783 | 11,048,011 | 7,342,616 |
| Operating Profit | -1,539,549 | -709,744 | -2,577,900 | 113,761 | -388,970 |
| Interest Payable | 799,883 | 690,848 | 345,041 | 530,842 | 575,047 |
| Interest Receivable | 1,009 | 81 | 452 | 1,883 | 830 |
| Pre-Tax Profit | -2,338,423 | -1,400,511 | -2,922,489 | -415,198 | -963,187 |
| Tax | 140,710 | -21,123 | 42,763 | -67,234 | -25,348 |
| Profit After Tax | -2,197,713 | -1,421,634 | -2,879,726 | -482,432 | -988,535 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -2,197,713 | -1,421,634 | -2,879,726 | -482,432 | -988,535 |
| Employee Costs | 11,315,697 | 7,333,567 | 5,030,038 | 5,889,545 | 3,735,228 |
| Number Of Employees | 194 | 134 | 106 | 101 | 74 |
| EBITDA* | 906,921 | 1,820,539 | -532,549 | 2,091,558 | 48,985 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 2,108,142 | 1,885,050 | 1,907,027 | 2,458,207 | 2,511,131 |
| Intangible Assets | 7,713,526 | 8,711,120 | 8,175,110 | 9,562,884 | 10,389,051 |
| Investments & Other | 0 | 0 | 0 | 2 | 2 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 18,881 | 0 |
| Total Fixed Assets | 9,821,668 | 10,596,170 | 10,082,137 | 12,039,974 | 12,900,184 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 4,787,782 | 3,660,973 | 1,137,799 | 3,150,854 | 2,508,270 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,639,165 | 2,691,127 | 2,501,074 | 2,392,475 | 2,403,897 |
| Cash | 681,030 | 1,524,202 | 1,449,170 | 2,329,757 | 645,097 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 8,107,977 | 7,876,302 | 5,088,043 | 7,873,086 | 5,557,264 |
| total assets | 17,929,645 | 18,472,472 | 15,170,180 | 19,913,060 | 18,457,448 |
| Bank overdraft | 0 | 0 | 0 | 5 | 0 |
| Bank loan | 41,047 | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,022,999 | 2,147,857 | 658,281 | 3,666,564 | 3,294,664 |
| Group/Directors Accounts | 0 | 0 | 0 | 102 | 102 |
| other short term finances | 559,322 | 559,322 | 440,663 | 0 | 0 |
| hp & lease commitments | 44,011 | 103,176 | 244,234 | 354,681 | 307,089 |
| other current liabilities | 7,156,670 | 7,173,699 | 4,906,972 | 6,335,795 | 4,957,837 |
| total current liabilities | 11,824,049 | 9,984,054 | 6,250,150 | 10,357,147 | 8,559,692 |
| loans | 6,174,839 | 6,582,419 | 6,822,745 | 5,155,908 | 5,048,408 |
| hp & lease commitments | 0 | 44,714 | 136,387 | 347,113 | 242,585 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 1,707,816 | 1,523,051 | 237,837 | 0 | 525,000 |
| provisions | 451,290 | 368,870 | 360,760 | 713,643 | 182,489 |
| total long term liabilities | 8,333,945 | 8,519,054 | 7,557,729 | 6,216,664 | 5,998,482 |
| total liabilities | 20,157,994 | 18,503,108 | 13,807,879 | 16,573,811 | 14,558,174 |
| net assets | -2,228,349 | -30,636 | 1,362,301 | 3,339,249 | 3,899,274 |
| total shareholders funds | -2,228,349 | -30,636 | 1,362,301 | 3,339,249 | 3,899,274 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | -1,539,549 | -709,744 | -2,577,900 | 113,761 | -388,970 |
| Depreciation | 708,434 | 648,138 | 647,541 | 643,498 | 437,955 |
| Amortisation | 1,738,036 | 1,882,145 | 1,397,810 | 1,334,299 | 0 |
| Tax | 140,710 | -21,123 | 42,763 | -67,234 | -25,348 |
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,074,847 | 2,713,227 | -1,923,337 | 650,043 | 4,912,167 |
| Creditors | 1,875,142 | 1,489,576 | -3,008,283 | 371,900 | 3,294,664 |
| Accruals and Deferred Income | -17,029 | 2,266,727 | -1,428,823 | 1,377,958 | 4,957,837 |
| Deferred Taxes & Provisions | 82,420 | 8,110 | -352,883 | 531,154 | 182,489 |
| Cash flow from operations | 1,913,317 | 2,850,602 | -3,356,438 | 3,655,293 | 3,546,460 |
| Investing Activities | |||||
| capital expenditure | 0 | 0 | 0 | 0 | -7,948,112 |
| Change in Investments | 0 | 0 | -2 | 0 | 2 |
| cash flow from investments | 0 | 0 | 2 | 0 | -7,948,114 |
| Financing Activities | |||||
| Bank loans | 41,047 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -102 | 0 | 102 |
| Other Short Term Loans | 0 | 118,659 | 440,663 | 0 | 0 |
| Long term loans | -407,580 | -240,326 | 1,666,837 | 107,500 | 5,048,408 |
| Hire Purchase and Lease Commitments | -103,879 | -232,731 | -321,173 | 152,120 | 549,674 |
| other long term liabilities | 184,765 | 1,285,214 | 237,837 | -525,000 | 525,000 |
| share issue | |||||
| interest | -798,874 | -690,767 | -344,589 | -528,959 | -574,217 |
| cash flow from financing | -1,084,521 | 268,746 | 2,582,251 | -871,932 | 10,436,776 |
| cash and cash equivalents | |||||
| cash | -843,172 | 75,032 | -880,587 | 1,684,660 | 645,097 |
| overdraft | 0 | 0 | -5 | 5 | 0 |
| change in cash | -843,172 | 75,032 | -880,582 | 1,684,655 | 645,097 |
smyle creative group limited Credit Report and Business Information
Smyle Creative Group Limited Competitor Analysis
Perform a competitor analysis for smyle creative group limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
smyle creative group limited Ownership
SMYLE CREATIVE GROUP LIMITED group structure
Smyle Creative Group Limited has 4 subsidiary companies.
Ultimate parent company
SMYLE CREATIVE GROUP LIMITED
11259975
4 subsidiaries
smyle creative group limited directors
Smyle Creative Group Limited currently has 6 directors. The longest serving directors include Mr Dominic Thomas-Smith (Apr 2018) and Mr Richard Stainton (Apr 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Dominic Thomas-Smith | England | 40 years | Apr 2018 | - | Director |
| Mr Richard Stainton | England | 50 years | Apr 2018 | - | Director |
| Mr Andrew Dawson-Wills | England | 55 years | Apr 2018 | - | Director |
| Mr Matthew Margetson | England | 50 years | Apr 2018 | - | Director |
| Mr Christopher Wright | England | 55 years | Oct 2019 | - | Director |
| Mr Stephen Watford | England | 47 years | Oct 2023 | - | Director |
P&L
March 2023turnover
42.2m
+62%
operating profit
-1.5m
+117%
gross margin
38.4%
-10.54%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-2.2m
+71.74%
total assets
17.9m
-0.03%
cash
681k
-0.55%
net assets
Total assets minus all liabilities
smyle creative group limited company details
company number
11259975
Type
Private limited with Share Capital
industry
82302 - Activities of conference organizers
incorporation date
March 2018
age
6
accounts
Group
ultimate parent company
previous names
N/A
incorporated
UK
address
the lockhouse mead lane, hertford, SG13 7AX
last accounts submitted
March 2023
smyle creative group 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 found 2 charges/mortgages relating to smyle creative group limited. Currently there are 2 open charges and 0 have been satisfied in the past.
smyle creative group limited Companies House Filings - See Documents
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