mask 2020 ltd
mask 2020 ltd Company Information
Company Number
12286592
Next Accounts
Dec 2025
Shareholders
crossroads live uk ltd
Group Structure
View All
Industry
Performing arts
Registered Address
2nd floor 45 monmouth street, london, WC2H 9DG
mask 2020 ltd Estimated Valuation
Pomanda estimates the enterprise value of MASK 2020 LTD at £2.8m based on a Turnover of £6.2m and 0.45x industry multiple (adjusted for size and gross margin).
mask 2020 ltd Estimated Valuation
Pomanda estimates the enterprise value of MASK 2020 LTD at £0 based on an EBITDA of £-1.3m and a 5.36x industry multiple (adjusted for size and gross margin).
mask 2020 ltd Estimated Valuation
Pomanda estimates the enterprise value of MASK 2020 LTD at £0 based on Net Assets of £-1.3m and 1.22x industry multiple (adjusted for liquidity).
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Mask 2020 Ltd Overview
Mask 2020 Ltd is a live company located in london, WC2H 9DG with a Companies House number of 12286592. It operates in the performing arts sector, SIC Code 90010. Founded in October 2019, it's largest shareholder is crossroads live uk ltd with a 100% stake. Mask 2020 Ltd is a young, mid sized company, Pomanda has estimated its turnover at £6.2m with rapid growth in recent years.
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Mask 2020 Ltd Health Check
Pomanda's financial health check has awarded Mask 2020 Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £6.2m, make it larger than the average company (£344.6k)
- Mask 2020 Ltd
£344.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 279%, show it is growing at a faster rate (9.5%)
- Mask 2020 Ltd
9.5% - Industry AVG
Production
with a gross margin of 6%, this company has a higher cost of product (31.2%)
- Mask 2020 Ltd
31.2% - Industry AVG
Profitability
an operating margin of -21.3% make it less profitable than the average company (1.1%)
- Mask 2020 Ltd
1.1% - Industry AVG
Employees
with 46 employees, this is above the industry average (7)
46 - Mask 2020 Ltd
7 - Industry AVG
Pay Structure
on an average salary of £27k, the company has an equivalent pay structure (£27k)
- Mask 2020 Ltd
£27k - Industry AVG
Efficiency
resulting in sales per employee of £133.8k, this is more efficient (£72.8k)
- Mask 2020 Ltd
£72.8k - Industry AVG
Debtor Days
it gets paid by customers after 48 days, this is later than average (8 days)
- Mask 2020 Ltd
8 days - Industry AVG
Creditor Days
its suppliers are paid after 15 days, this is close to average (15 days)
- Mask 2020 Ltd
15 days - Industry AVG
Stock Days
it holds stock equivalent to 15 days, this is more than average (5 days)
- Mask 2020 Ltd
5 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (122 weeks)
0 weeks - Mask 2020 Ltd
122 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 164.6%, this is a higher level of debt than the average (23%)
164.6% - Mask 2020 Ltd
23% - Industry AVG
MASK 2020 LTD financials
Mask 2020 Ltd's latest turnover from March 2024 is estimated at £6.2 million and the company has net assets of -£1.3 million. According to their latest financial statements, Mask 2020 Ltd has 46 employees and maintains cash reserves of £34.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|
| 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 | 46 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|
| Tangible Assets | ||||
| Intangible Assets | ||||
| Investments & Other | ||||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | ||||
| Stock & work in progress | 240,000 | 548,349 | 123,930 | 29,843 |
| Trade Debtors | 820,295 | 411,130 | 824,004 | |
| Group Debtors | 5,360 | 1 | ||
| Misc Debtors | 921,558 | 180,121 | 29,000 | 11,237 |
| Cash | 34,750 | 285,078 | 19,981 | |
| misc current assets | ||||
| total current assets | 2,021,963 | 1,424,679 | 996,915 | 41,080 |
| total assets | 2,021,963 | 1,424,679 | 996,915 | 41,080 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 238,613 | 77,057 | 23,424 | 32,079 |
| Group/Directors Accounts | 37,999 | |||
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | 3,088,895 | 1,347,621 | 935,491 | 9,000 |
| total current liabilities | 3,327,508 | 1,424,678 | 996,914 | 41,079 |
| loans | ||||
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | ||||
| provisions | ||||
| total long term liabilities | ||||
| total liabilities | 3,327,508 | 1,424,678 | 996,914 | 41,079 |
| net assets | -1,305,545 | 1 | 1 | 1 |
| total shareholders funds | -1,305,545 | 1 | 1 | 1 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | ||||
| Amortisation | ||||
| Tax | ||||
| Stock | -308,349 | 424,419 | 94,087 | 29,843 |
| Debtors | 1,155,961 | -261,752 | 841,767 | 11,237 |
| Creditors | 161,556 | 53,633 | -8,655 | 32,079 |
| Accruals and Deferred Income | 1,741,274 | 412,130 | 926,491 | 9,000 |
| 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 | -37,999 | 37,999 | ||
| Other Short Term Loans | ||||
| Long term loans | ||||
| Hire Purchase and Lease Commitments | ||||
| other long term liabilities | ||||
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -250,328 | 265,097 | 19,981 | |
| overdraft | ||||
| change in cash | -250,328 | 265,097 | 19,981 |
mask 2020 ltd Credit Report and Business Information
Mask 2020 Ltd Competitor Analysis
Perform a competitor analysis for mask 2020 ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other mid companies, companies in WC2H area or any other competitors across 12 key performance metrics.
mask 2020 ltd Ownership
MASK 2020 LTD group structure
Mask 2020 Ltd has no subsidiary companies.
Ultimate parent company
CROSSROADS LIVE INC
#0122010
2 parents
MASK 2020 LTD
12286592
mask 2020 ltd directors
Mask 2020 Ltd currently has 2 directors. The longest serving directors include Mr David Lane (Oct 2019) and Mr David Lane (Oct 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Lane | United Kingdom | 64 years | Oct 2019 | - | Director |
| Mr David Lane | England | 64 years | Oct 2019 | - | Director |
P&L
March 2024turnover
6.2m
+98%
operating profit
-1.3m
0%
gross margin
6.1%
+40.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-1.3m
-1305546%
total assets
2m
+0.42%
cash
34.8k
-0.88%
net assets
Total assets minus all liabilities
mask 2020 ltd company details
company number
12286592
Type
Private limited with Share Capital
industry
90010 - Performing arts
incorporation date
October 2019
age
6
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
2nd floor 45 monmouth street, london, WC2H 9DG
Bank
-
Legal Advisor
-
mask 2020 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 mask 2020 ltd.
mask 2020 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.
Click to start generating capital raising & share issue transactions for MASK 2020 LTD. This can take several minutes, an email will notify you when this has completed.
mask 2020 ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
