main event weddings limited
main event weddings limited Company Information
Company Number
11429363
Next Accounts
710 days late
Directors
Shareholders
andriccos philippou
susan philippou
Group Structure
View All
Industry
Performing arts
Registered Address
6 royal mews, southend on sea, essex, SS1 1DB
Website
www.maineventweddings.com.aumain event weddings limited Estimated Valuation
Pomanda estimates the enterprise value of MAIN EVENT WEDDINGS LIMITED at £285.6k based on a Turnover of £794.3k and 0.36x industry multiple (adjusted for size and gross margin).
main event weddings limited Estimated Valuation
Pomanda estimates the enterprise value of MAIN EVENT WEDDINGS LIMITED at £11.6k based on an EBITDA of £2.9k and a 4.06x industry multiple (adjusted for size and gross margin).
main event weddings limited Estimated Valuation
Pomanda estimates the enterprise value of MAIN EVENT WEDDINGS LIMITED at £24k based on Net Assets of £16.5k and 1.45x industry multiple (adjusted for liquidity).
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Main Event Weddings Limited Overview
Main Event Weddings Limited is a live company located in essex, SS1 1DB with a Companies House number of 11429363. It operates in the performing arts sector, SIC Code 90010. Founded in June 2018, it's largest shareholder is andriccos philippou with a 50% stake. Main Event Weddings Limited is a young, small sized company, Pomanda has estimated its turnover at £794.3k with unknown growth in recent years.
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Main Event Weddings Limited Health Check
Pomanda's financial health check has awarded Main Event Weddings Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
5 Weak
Size
annual sales of £794.3k, make it larger than the average company (£278.4k)
- Main Event Weddings Limited
£278.4k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Main Event Weddings Limited
- - Industry AVG
Production
with a gross margin of 2.7%, this company has a higher cost of product (37.7%)
- Main Event Weddings Limited
37.7% - Industry AVG
Profitability
an operating margin of 0.4% make it less profitable than the average company (1%)
- Main Event Weddings Limited
1% - Industry AVG
Employees
with 9 employees, this is above the industry average (7)
- Main Event Weddings Limited
7 - Industry AVG
Pay Structure
on an average salary of £24.1k, the company has an equivalent pay structure (£24.1k)
- Main Event Weddings Limited
£24.1k - Industry AVG
Efficiency
resulting in sales per employee of £88.3k, this is more efficient (£59.1k)
- Main Event Weddings Limited
£59.1k - Industry AVG
Debtor Days
it gets paid by customers after 28 days, this is later than average (6 days)
- Main Event Weddings Limited
6 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (16 days)
- Main Event Weddings Limited
16 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Main Event Weddings Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Main Event Weddings Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75.8%, this is a higher level of debt than the average (19.2%)
75.8% - Main Event Weddings Limited
19.2% - Industry AVG
MAIN EVENT WEDDINGS LIMITED financials
Main Event Weddings Limited's latest turnover from June 2021 is estimated at £794.3 thousand and the company has net assets of £16.5 thousand. According to their latest financial statements, we estimate that Main Event Weddings Limited has 9 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2021 | Jun 2020 | Jun 2019 | |
|---|---|---|---|
| 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 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2021 | Jun 2020 | Jun 2019 | |
|---|---|---|---|
| Tangible Assets | 6,000 | 6,000 | |
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 6,000 | 6,000 | |
| Stock & work in progress | |||
| Trade Debtors | 62,423 | 62,423 | |
| Group Debtors | |||
| Misc Debtors | |||
| Cash | |||
| misc current assets | |||
| total current assets | 62,423 | 62,423 | |
| total assets | 68,423 | 68,423 | |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 2,903 | 2,903 | |
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | |||
| total current liabilities | 2,903 | 2,903 | |
| loans | 47,060 | 47,060 | |
| hp & lease commitments | |||
| Accruals and Deferred Income | 1,920 | 1,920 | |
| other liabilities | |||
| provisions | |||
| total long term liabilities | 48,980 | 48,980 | |
| total liabilities | 51,883 | 51,883 | |
| net assets | 16,540 | 16,540 | |
| total shareholders funds | 16,540 | 16,540 |
| Jun 2021 | Jun 2020 | Jun 2019 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | 62,423 | ||
| Creditors | 2,903 | ||
| Accruals and Deferred Income | 1,920 | ||
| Deferred Taxes & Provisions | |||
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | |||
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | |||
| Other Short Term Loans | |||
| Long term loans | 47,060 | ||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | |||
| overdraft | |||
| change in cash |
main event weddings limited Credit Report and Business Information
Main Event Weddings Limited Competitor Analysis
Perform a competitor analysis for main event weddings limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in SS1 area or any other competitors across 12 key performance metrics.
main event weddings limited Ownership
MAIN EVENT WEDDINGS LIMITED group structure
Main Event Weddings Limited has no subsidiary companies.
Ultimate parent company
MAIN EVENT WEDDINGS LIMITED
11429363
main event weddings limited directors
Main Event Weddings Limited currently has 1 director, Mr Andriccos Philippou serving since Jun 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andriccos Philippou | 68 years | Jun 2018 | - | Director |
P&L
June 2021turnover
794.3k
+17%
operating profit
2.9k
0%
gross margin
2.7%
-49.16%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2021net assets
16.5k
0%
total assets
68.4k
0%
cash
0
0%
net assets
Total assets minus all liabilities
main event weddings limited company details
company number
11429363
Type
Private limited with Share Capital
industry
90010 - Performing arts
incorporation date
June 2018
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2021
previous names
N/A
accountant
KAY PETERS & CO
auditor
-
address
6 royal mews, southend on sea, essex, SS1 1DB
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
main event weddings 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 main event weddings limited.
main event weddings 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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main event weddings limited Companies House Filings - See Documents
| date | description | view/download |
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