vivify venues ltd
vivify venues ltd Company Information
Company Number
12770812
Website
-Registered Address
northern assurance buildings, 9-21 princess street, manchester, M2 4DN
Industry
Management consultancy activities (other than financial management)
Telephone
01619400111
Next Accounts Due
May 2025
Group Structure
View All
Shareholders
arete investors 6 (nominees) limited 29.6%
russell james teale 19.8%
View Allvivify venues ltd Estimated Valuation
Pomanda estimates the enterprise value of VIVIFY VENUES LTD at £4.8m based on a Turnover of £6.9m and 0.7x industry multiple (adjusted for size and gross margin).
vivify venues ltd Estimated Valuation
Pomanda estimates the enterprise value of VIVIFY VENUES LTD at £0 based on an EBITDA of £-1m and a 4.96x industry multiple (adjusted for size and gross margin).
vivify venues ltd Estimated Valuation
Pomanda estimates the enterprise value of VIVIFY VENUES LTD at £0 based on Net Assets of £-259.3k and 2.79x industry multiple (adjusted for liquidity).
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Vivify Venues Ltd Overview
Vivify Venues Ltd is a live company located in manchester, M2 4DN with a Companies House number of 12770812. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in July 2020, it's largest shareholder is arete investors 6 (nominees) limited with a 29.6% stake. Vivify Venues Ltd is a startup, mid sized company, Pomanda has estimated its turnover at £6.9m with unknown growth in recent years.
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Vivify Venues Ltd Health Check
Pomanda's financial health check has awarded Vivify Venues Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £6.9m, make it larger than the average company (£277.6k)
- Vivify Venues Ltd
£277.6k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Vivify Venues Ltd
- - Industry AVG
Production
with a gross margin of 55.5%, this company has a comparable cost of product (55.5%)
- Vivify Venues Ltd
55.5% - Industry AVG
Profitability
an operating margin of -15.3% make it less profitable than the average company (8.4%)
- Vivify Venues Ltd
8.4% - Industry AVG
Employees
with 227 employees, this is above the industry average (3)
227 - Vivify Venues Ltd
3 - Industry AVG
Pay Structure
on an average salary of £41.5k, the company has an equivalent pay structure (£41.5k)
- Vivify Venues Ltd
£41.5k - Industry AVG
Efficiency
resulting in sales per employee of £30.3k, this is less efficient (£109.8k)
- Vivify Venues Ltd
£109.8k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (70 days)
- Vivify Venues Ltd
70 days - Industry AVG
Creditor Days
its suppliers are paid after 15 days, this is quicker than average (27 days)
- Vivify Venues Ltd
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Vivify Venues Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 32 weeks, this is more cash available to meet short term requirements (24 weeks)
32 weeks - Vivify Venues Ltd
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 130%, this is a higher level of debt than the average (55.5%)
130% - Vivify Venues Ltd
55.5% - Industry AVG
VIVIFY VENUES LTD financials
Vivify Venues Ltd's latest turnover from August 2023 is estimated at £6.9 million and the company has net assets of -£259.3 thousand. According to their latest financial statements, Vivify Venues Ltd has 227 employees and maintains cash reserves of £700.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 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 | 227 | 55 | 9 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | |
|---|---|---|---|
| Tangible Assets | 14,418 | 6,975 | 4,961 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 92,593 | 92,593 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 107,011 | 99,568 | 4,961 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 6,287 | 3,012 | 5,264 |
| Group Debtors | 27,841 | 49,999 | 0 |
| Misc Debtors | 22,291 | 47,825 | 63,782 |
| Cash | 700,228 | 558,061 | 381,015 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 756,647 | 658,897 | 450,061 |
| total assets | 863,658 | 758,465 | 455,022 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 127,330 | 115,680 | 23,842 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 995,623 | 373,791 | 108,909 |
| total current liabilities | 1,122,953 | 489,471 | 132,751 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 |
| total liabilities | 1,122,953 | 489,471 | 132,751 |
| net assets | -259,295 | 268,994 | 322,271 |
| total shareholders funds | -259,295 | 268,994 | 322,271 |
| Aug 2023 | Aug 2022 | Aug 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 6,301 | 3,107 | 1,638 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | -44,417 | 31,790 | 69,046 |
| Creditors | 11,650 | 91,838 | 23,842 |
| Accruals and Deferred Income | 621,832 | 264,882 | 108,909 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 92,593 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 142,167 | 177,046 | 381,015 |
| overdraft | 0 | 0 | 0 |
| change in cash | 142,167 | 177,046 | 381,015 |
vivify venues ltd Credit Report and Business Information
Vivify Venues Ltd Competitor Analysis
Perform a competitor analysis for vivify venues ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in M 2 area or any other competitors across 12 key performance metrics.
vivify venues ltd Ownership
VIVIFY VENUES LTD group structure
Vivify Venues Ltd has no subsidiary companies.
Ultimate parent company
VIVIFY VENUES LTD
12770812
vivify venues ltd directors
Vivify Venues Ltd currently has 2 directors. The longest serving directors include Mr Russell Teale (Aug 2020) and Mr Simon Lord (Oct 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Russell Teale | England | 42 years | Aug 2020 | - | Director |
| Mr Simon Lord | United Kingdom | 53 years | Oct 2023 | - | Director |
P&L
August 2023turnover
6.9m
+307%
operating profit
-1.1m
0%
gross margin
55.6%
-0.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
-259.3k
-1.96%
total assets
863.7k
+0.14%
cash
700.2k
+0.25%
net assets
Total assets minus all liabilities
Similar Companies
vivify venues ltd company details
company number
12770812
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
July 2020
age
4
incorporated
UK
accounts
Small Company
ultimate parent company
previous names
kion ventures limited (August 2020)
last accounts submitted
August 2023
address
northern assurance buildings, 9-21 princess street, manchester, M2 4DN
accountant
CLA EVELYN PARTNERS LIMITED
auditor
-
vivify venues 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 found 1 charges/mortgages relating to vivify venues ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
vivify venues ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
