react events ltd

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react events ltd Company Information

Share REACT EVENTS LTD

Company Number

11718995

Shareholders

thomas hoyle

robert cracknell

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Group Structure

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Industry

Support activities to performing arts

 

Registered Address

park house 10 park street, bristol, BS1 5HX

Website

-

react events ltd Estimated Valuation

£115.8k

Pomanda estimates the enterprise value of REACT EVENTS LTD at £115.8k based on a Turnover of £277.9k and 0.42x industry multiple (adjusted for size and gross margin).

react events ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of REACT EVENTS LTD at £0 based on an EBITDA of £-622 and a 5.29x industry multiple (adjusted for size and gross margin).

react events ltd Estimated Valuation

£6.2k

Pomanda estimates the enterprise value of REACT EVENTS LTD at £6.2k based on Net Assets of £5.4k and 1.14x industry multiple (adjusted for liquidity).

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React Events Ltd Overview

React Events Ltd is a live company located in bristol, BS1 5HX with a Companies House number of 11718995. It operates in the support activities to performing arts sector, SIC Code 90020. Founded in December 2018, it's largest shareholder is thomas hoyle with a 25% stake. React Events Ltd is a young, micro sized company, Pomanda has estimated its turnover at £277.9k with healthy growth in recent years.

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React Events Ltd Health Check

Pomanda's financial health check has awarded React Events Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £277.9k, make it in line with the average company (£283.4k)

£277.9k - React Events Ltd

£283.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (9.8%)

5% - React Events Ltd

9.8% - Industry AVG

production

Production

with a gross margin of 12.7%, this company has a higher cost of product (32.6%)

12.7% - React Events Ltd

32.6% - Industry AVG

profitability

Profitability

an operating margin of -0.2% make it less profitable than the average company (4.1%)

-0.2% - React Events Ltd

4.1% - Industry AVG

employees

Employees

with 4 employees, this is similar to the industry average (5)

4 - React Events Ltd

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.5k, the company has an equivalent pay structure (£31.5k)

£31.5k - React Events Ltd

£31.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £69.5k, this is less efficient (£82.7k)

£69.5k - React Events Ltd

£82.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 60 days, this is later than average (15 days)

60 days - React Events Ltd

15 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 74 days, this is slower than average (29 days)

74 days - React Events Ltd

29 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - React Events Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - React Events Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 91.8%, this is a higher level of debt than the average (33.5%)

91.8% - React Events Ltd

33.5% - Industry AVG

REACT EVENTS LTD financials

EXPORTms excel logo

React Events Ltd's latest turnover from December 2023 is estimated at £277.9 thousand and the company has net assets of £5.4 thousand. According to their latest financial statements, React Events Ltd has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Turnover277,918283,093203,683239,894147,298
Other Income Or Grants
Cost Of Sales242,505239,746198,269212,586128,313
Gross Profit35,41343,3475,41427,30818,985
Admin Expenses36,03536,18912,35024,47512,987
Operating Profit-6227,158-6,9362,8335,998
Interest Payable
Interest Receivable
Pre-Tax Profit-6227,158-6,9362,8335,998
Tax-1,360-538-1,140
Profit After Tax-6225,798-6,9362,2954,858
Dividends Paid
Retained Profit-6225,798-6,9362,2954,858
Employee Costs125,906112,527115,136112,244113,574
Number Of Employees44444
EBITDA*-6227,158-6,9362,8335,998

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors46,33060,23454,90052,24816,948
Group Debtors
Misc Debtors19,2011
Cash
misc current assets
total current assets65,53160,23554,90052,24816,948
total assets65,53160,23554,90052,24816,948
Bank overdraft
Bank loan
Trade Creditors 49,44837,72032,15216,59511,090
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities49,44837,72032,15216,59511,090
loans
hp & lease commitments
Accruals and Deferred Income1,1901,0001,0311,0001,000
other liabilities9,50015,50021,50027,500
provisions
total long term liabilities10,69016,50022,53128,5001,000
total liabilities60,13854,22054,68345,09512,090
net assets5,3936,0152177,1534,858
total shareholders funds5,3936,0152177,1534,858
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Operating Activities
Operating Profit-6227,158-6,9362,8335,998
Depreciation
Amortisation
Tax-1,360-538-1,140
Stock
Debtors5,2965,3352,65235,30016,948
Creditors11,7285,56815,5575,50511,090
Accruals and Deferred Income190-31311,000
Deferred Taxes & Provisions
Cash flow from operations6,0006,0006,000-27,500
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
Hire Purchase and Lease Commitments
other long term liabilities-6,000-6,000-6,00027,500
share issue
interest
cash flow from financing-6,000-6,000-6,00027,500
cash and cash equivalents
cash
overdraft
change in cash

react events ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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React Events Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for react events ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in BS1 area or any other competitors across 12 key performance metrics.

react events ltd Ownership

REACT EVENTS LTD group structure

React Events Ltd has no subsidiary companies.

Ultimate parent company

REACT EVENTS LTD

11718995

REACT EVENTS LTD Shareholders

thomas hoyle 25%
robert cracknell 25%
jonathan midwinter 25%
alistair vickery 25%

react events ltd directors

React Events Ltd currently has 4 directors. The longest serving directors include Mr Alistair Vickery (Dec 2018) and Mr Robert Cracknell (Dec 2018).

officercountryagestartendrole
Mr Alistair VickeryUnited Kingdom47 years Dec 2018- Director
Mr Robert CracknellUnited Kingdom43 years Dec 2018- Director
Mr Thomas HoyleEngland43 years Dec 2018- Director
Mr Jonathan MidwinterUnited Kingdom48 years Dec 2018- Director

P&L

December 2023

turnover

277.9k

-2%

operating profit

-622

0%

gross margin

12.8%

-16.78%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

5.4k

-0.1%

total assets

65.5k

+0.09%

cash

0

0%

net assets

Total assets minus all liabilities

react events ltd company details

company number

11718995

Type

Private limited with Share Capital

industry

90020 - Support activities to performing arts

incorporation date

December 2018

age

7

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

park house 10 park street, bristol, BS1 5HX

Bank

-

Legal Advisor

-

react events 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 react events ltd.

react events 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.

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react events ltd Companies House Filings - See Documents

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