summer fest event limited
summer fest event limited Company Information
Company Number
11751317
Next Accounts
Oct 2025
Shareholders
develop excellence limited
ian rogers
Group Structure
View All
Industry
Other amusement and recreation activities
Registered Address
wynner house, 143 bromsgrove street, birmingham, B5 6RG
Website
fx3events.comsummer fest event limited Estimated Valuation
Pomanda estimates the enterprise value of SUMMER FEST EVENT LIMITED at £558k based on a Turnover of £677.2k and 0.82x industry multiple (adjusted for size and gross margin).
summer fest event limited Estimated Valuation
Pomanda estimates the enterprise value of SUMMER FEST EVENT LIMITED at £0 based on an EBITDA of £-9.9k and a 4.16x industry multiple (adjusted for size and gross margin).
summer fest event limited Estimated Valuation
Pomanda estimates the enterprise value of SUMMER FEST EVENT LIMITED at £0 based on Net Assets of £-109.1k and 1.84x industry multiple (adjusted for liquidity).
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Summer Fest Event Limited Overview
Summer Fest Event Limited is a live company located in birmingham, B5 6RG with a Companies House number of 11751317. It operates in the other amusement and recreation activities n.e.c. sector, SIC Code 93290. Founded in January 2019, it's largest shareholder is develop excellence limited with a 50% stake. Summer Fest Event Limited is a young, small sized company, Pomanda has estimated its turnover at £677.2k with rapid growth in recent years.
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Summer Fest Event Limited Health Check
Pomanda's financial health check has awarded Summer Fest Event Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £677.2k, make it larger than the average company (£388.5k)
- Summer Fest Event Limited
£388.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 102%, show it is growing at a faster rate (13.7%)
- Summer Fest Event Limited
13.7% - Industry AVG
Production
with a gross margin of 64.2%, this company has a comparable cost of product (64.2%)
- Summer Fest Event Limited
64.2% - Industry AVG
Profitability
an operating margin of -1.6% make it less profitable than the average company (8.2%)
- Summer Fest Event Limited
8.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (10)
2 - Summer Fest Event Limited
10 - Industry AVG
Pay Structure
on an average salary of £18.7k, the company has an equivalent pay structure (£18.7k)
- Summer Fest Event Limited
£18.7k - Industry AVG
Efficiency
resulting in sales per employee of £338.6k, this is more efficient (£55.7k)
- Summer Fest Event Limited
£55.7k - Industry AVG
Debtor Days
it gets paid by customers after 22 days, this is later than average (9 days)
- Summer Fest Event Limited
9 days - Industry AVG
Creditor Days
its suppliers are paid after 134 days, this is slower than average (45 days)
- Summer Fest Event Limited
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Summer Fest Event Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (80 weeks)
0 weeks - Summer Fest Event Limited
80 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 256.3%, this is a higher level of debt than the average (34.7%)
256.3% - Summer Fest Event Limited
34.7% - Industry AVG
SUMMER FEST EVENT LIMITED financials
Summer Fest Event Limited's latest turnover from January 2024 is estimated at £677.2 thousand and the company has net assets of -£109.1 thousand. According to their latest financial statements, Summer Fest Event Limited has 2 employees and maintains cash reserves of £190 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | |
|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | |
|---|---|---|---|---|---|
| Tangible Assets | 1,191 | 2,381 | |||
| Intangible Assets | |||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 1,191 | 2,381 | |||
| Stock & work in progress | |||||
| Trade Debtors | 41,656 | 41,656 | 31,165 | ||
| Group Debtors | |||||
| Misc Debtors | 28,002 | 482,502 | 473,508 | 17,186 | |
| Cash | 190 | 4,604 | 50,769 | 19,748 | 28,740 |
| misc current assets | |||||
| total current assets | 69,848 | 528,762 | 555,442 | 36,934 | 28,740 |
| total assets | 69,848 | 529,953 | 557,823 | 36,934 | 28,740 |
| Bank overdraft | 10,000 | 10,000 | 10,000 | 833 | |
| Bank loan | |||||
| Trade Creditors | 89,012 | 89,012 | 134,619 | ||
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 67,483 | 503,504 | 495,376 | 119,370 | 159,971 |
| total current liabilities | 166,495 | 602,516 | 639,995 | 120,203 | 159,971 |
| loans | 12,500 | 22,500 | 33,333 | 49,167 | |
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | |||||
| total long term liabilities | 12,500 | 22,500 | 33,333 | 49,167 | |
| total liabilities | 178,995 | 625,016 | 673,328 | 169,370 | 159,971 |
| net assets | -109,147 | -95,063 | -115,505 | -132,436 | -131,231 |
| total shareholders funds | -109,147 | -95,063 | -115,505 | -132,436 | -131,231 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 1,191 | 1,190 | 1,190 | ||
| Amortisation | |||||
| Tax | |||||
| Stock | |||||
| Debtors | -454,500 | 19,485 | 487,487 | 17,186 | |
| Creditors | -45,607 | 134,619 | |||
| Accruals and Deferred Income | -436,021 | 8,128 | 376,006 | -40,601 | 159,971 |
| 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 | -10,000 | -10,833 | -15,834 | 49,167 | |
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | |||||
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -4,414 | -46,165 | 31,021 | -8,992 | 28,740 |
| overdraft | 9,167 | 833 | |||
| change in cash | -4,414 | -46,165 | 21,854 | -9,825 | 28,740 |
summer fest event limited Credit Report and Business Information
Summer Fest Event Limited Competitor Analysis
Perform a competitor analysis for summer fest event limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in B 5 area or any other competitors across 12 key performance metrics.
summer fest event limited Ownership
SUMMER FEST EVENT LIMITED group structure
Summer Fest Event Limited has no subsidiary companies.
summer fest event limited directors
Summer Fest Event Limited currently has 2 directors. The longest serving directors include Mr Terence Runcorn (Jan 2019) and Mr Ian Rogers (Oct 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Terence Runcorn | England | 61 years | Jan 2019 | - | Director |
| Mr Ian Rogers | England | 52 years | Oct 2019 | - | Director |
P&L
January 2024turnover
677.2k
+20%
operating profit
-11.1k
0%
gross margin
64.3%
-0.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
-109.1k
+0.15%
total assets
69.8k
-0.87%
cash
190
-0.96%
net assets
Total assets minus all liabilities
summer fest event limited company details
company number
11751317
Type
Private limited with Share Capital
industry
93290 - Other amusement and recreation activities
incorporation date
January 2019
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
-
address
wynner house, 143 bromsgrove street, birmingham, B5 6RG
Bank
-
Legal Advisor
-
summer fest event 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 summer fest event limited.
summer fest event 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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summer fest event limited Companies House Filings - See Documents
| date | description | view/download |
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