safe festivals group limited
safe festivals group limited Company Information
Company Number
11598107
Registered Address
30 st. john street, london, EC1M 4AY
Industry
Performing arts
Telephone
02076889000
Next Accounts Due
35 days late
Group Structure
View All
Shareholders
mama festivals limited 100%
safe festivals group limited Estimated Valuation
Pomanda estimates the enterprise value of SAFE FESTIVALS GROUP LIMITED at £2.5m based on a Turnover of £10m and 0.25x industry multiple (adjusted for size and gross margin).
safe festivals group limited Estimated Valuation
Pomanda estimates the enterprise value of SAFE FESTIVALS GROUP LIMITED at £0 based on an EBITDA of £-379.2k and a 1.33x industry multiple (adjusted for size and gross margin).
safe festivals group limited Estimated Valuation
Pomanda estimates the enterprise value of SAFE FESTIVALS GROUP LIMITED at £0 based on Net Assets of £-1.6m and 2.12x industry multiple (adjusted for liquidity).
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Safe Festivals Group Limited Overview
Safe Festivals Group Limited is a live company located in london, EC1M 4AY with a Companies House number of 11598107. It operates in the performing arts sector, SIC Code 90010. Founded in October 2018, it's largest shareholder is mama festivals limited with a 100% stake. Safe Festivals Group Limited is a young, mid sized company, Pomanda has estimated its turnover at £10m with rapid growth in recent years.
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Safe Festivals Group Limited Health Check
Pomanda's financial health check has awarded Safe Festivals Group Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
0 Regular
6 Weak
Size
annual sales of £10m, make it larger than the average company (£258.9k)
£10m - Safe Festivals Group Limited
£258.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 47%, show it is growing at a faster rate (-1.1%)
47% - Safe Festivals Group Limited
-1.1% - Industry AVG
Production
with a gross margin of 1.7%, this company has a higher cost of product (35.2%)
1.7% - Safe Festivals Group Limited
35.2% - Industry AVG
Profitability
an operating margin of -3.8% make it less profitable than the average company (2.2%)
-3.8% - Safe Festivals Group Limited
2.2% - Industry AVG
Employees
with 16 employees, this is above the industry average (6)
16 - Safe Festivals Group Limited
6 - Industry AVG
Pay Structure
on an average salary of £50.7k, the company has a higher pay structure (£24.6k)
£50.7k - Safe Festivals Group Limited
£24.6k - Industry AVG
Efficiency
resulting in sales per employee of £627.6k, this is more efficient (£69.2k)
£627.6k - Safe Festivals Group Limited
£69.2k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (9 days)
4 days - Safe Festivals Group Limited
9 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (24 days)
4 days - Safe Festivals Group Limited
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Safe Festivals Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 24 weeks, this is less cash available to meet short term requirements (153 weeks)
24 weeks - Safe Festivals Group Limited
153 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 135%, this is a higher level of debt than the average (22.2%)
135% - Safe Festivals Group Limited
22.2% - Industry AVG
SAFE FESTIVALS GROUP LIMITED financials
Safe Festivals Group Limited's latest turnover from December 2022 is £10 million and the company has net assets of -£1.6 million. According to their latest financial statements, Safe Festivals Group Limited has 16 employees and maintains cash reserves of £2.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|
| Turnover | 10,041,721 | 6,382,906 | 30,542 | 3,172,204 |
| Other Income Or Grants | 0 | 0 | 0 | 0 |
| Cost Of Sales | 9,868,271 | 4,699,637 | 420,826 | 5,237,085 |
| Gross Profit | 173,450 | 1,683,269 | -390,284 | -2,064,881 |
| Admin Expenses | 552,674 | 1,054,998 | -1,024,480 | 984,685 |
| Operating Profit | -379,224 | 628,271 | 634,196 | -3,049,566 |
| Interest Payable | 45,728 | 40,447 | 99,356 | 44,907 |
| Interest Receivable | 36,526 | 170 | 1,279 | 515 |
| Pre-Tax Profit | -388,426 | 587,994 | 536,119 | -3,093,958 |
| Tax | 156,370 | 97,903 | 456,050 | 81,828 |
| Profit After Tax | -232,056 | 685,897 | 992,169 | -3,012,130 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Retained Profit | -232,056 | 685,897 | 992,169 | -3,012,130 |
| Employee Costs | 811,766 | 230,497 | 183,039 | 240,295 |
| Number Of Employees | 16 | 5 | 5 | 4 |
| EBITDA* | -379,224 | 917,074 | 1,019,266 | -2,568,230 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 288,803 | 673,873 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 288,803 | 673,873 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 122,803 | 103,591 | 3,067 | 105,262 |
| Group Debtors | 372,237 | 391,970 | 590,768 | 101,508 |
| Misc Debtors | 1,141,397 | 272,619 | 635,009 | 190,141 |
| Cash | 2,838,286 | 3,005,936 | 573,960 | 782,472 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 4,474,723 | 3,774,116 | 1,802,804 | 1,179,383 |
| total assets | 4,474,723 | 3,774,116 | 2,091,607 | 1,853,256 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 124,213 | 65,634 | 32,207 | 7,963 |
| Group/Directors Accounts | 1,295,940 | 1,112,827 | 1,465,667 | 3,162,585 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 4,620,590 | 3,929,619 | 2,559,989 | 1,580,181 |
| total current liabilities | 6,040,743 | 5,108,080 | 4,057,863 | 4,750,729 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 53,605 | 114,557 |
| total long term liabilities | 0 | 0 | 53,605 | 114,557 |
| total liabilities | 6,040,743 | 5,108,080 | 4,111,468 | 4,865,286 |
| net assets | -1,566,020 | -1,333,964 | -2,019,861 | -3,012,030 |
| total shareholders funds | -1,566,020 | -1,333,964 | -2,019,861 | -3,012,030 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | -379,224 | 628,271 | 634,196 | -3,049,566 |
| Depreciation | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 288,803 | 385,070 | 481,336 |
| Tax | 156,370 | 97,903 | 456,050 | 81,828 |
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 868,257 | -460,664 | 831,933 | 396,911 |
| Creditors | 58,579 | 33,427 | 24,244 | 7,963 |
| Accruals and Deferred Income | 690,971 | 1,369,630 | 979,808 | 1,580,181 |
| Deferred Taxes & Provisions | 0 | -53,605 | -60,952 | 114,557 |
| Cash flow from operations | -341,561 | 2,825,093 | 1,586,483 | -1,180,612 |
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 183,113 | -352,840 | -1,696,918 | 3,162,585 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | -9,202 | -40,277 | -98,077 | -44,392 |
| cash flow from financing | 173,911 | -393,117 | -1,794,995 | 3,118,293 |
| cash and cash equivalents | ||||
| cash | -167,650 | 2,431,976 | -208,512 | 782,472 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -167,650 | 2,431,976 | -208,512 | 782,472 |
safe festivals group limited Credit Report and Business Information
Safe Festivals Group Limited Competitor Analysis
Perform a competitor analysis for safe festivals group limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other mid companies, companies in EC1M area or any other competitors across 12 key performance metrics.
safe festivals group limited Ownership
SAFE FESTIVALS GROUP LIMITED group structure
Safe Festivals Group Limited has no subsidiary companies.
Ultimate parent company
ATTLEBOROUGH LIMITED
IE079740
2 parents
SAFE FESTIVALS GROUP LIMITED
11598107
safe festivals group limited directors
Safe Festivals Group Limited currently has 5 directors. The longest serving directors include Ms Selina Emeny (Oct 2018) and Mr Stuart Douglas (Oct 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Selina Emeny | England | 56 years | Oct 2018 | - | Director |
| Mr Stuart Douglas | England | 57 years | Oct 2018 | - | Director |
| Mr Denis Desmond | England | 71 years | Oct 2018 | - | Director |
| Mr Denis Desmond | United Kingdom | 71 years | Oct 2018 | - | Director |
| Ms Lynn Lavelle | England | 47 years | Apr 2019 | - | Director |
P&L
December 2022turnover
10m
+57%
operating profit
-379.2k
-160%
gross margin
1.8%
-93.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-1.6m
+0.17%
total assets
4.5m
+0.19%
cash
2.8m
-0.06%
net assets
Total assets minus all liabilities
safe festivals group limited company details
company number
11598107
Type
Private limited with Share Capital
industry
90010 - Performing arts
incorporation date
October 2018
age
6
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2022
previous names
N/A
accountant
-
auditor
ERNST & YOUNG LLP
address
30 st. john street, london, EC1M 4AY
Bank
HSBC BANK PLC
Legal Advisor
-
safe festivals 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 did not find charges/mortgages relating to safe festivals group limited.
safe festivals group limited Companies House Filings - See Documents
| date | description | view/download |
|---|
