matthews events ltd
matthews events ltd Company Information
Company Number
12871997
Next Accounts
9 days late
Industry
Other amusement and recreation activities
Shareholders
nicola matthews
james william matthews
View AllGroup Structure
View All
Contact
Registered Address
1 fairacres, axes lane, redhill, RH1 5QL
Website
-matthews events ltd Estimated Valuation
Pomanda estimates the enterprise value of MATTHEWS EVENTS LTD at £1.1m based on a Turnover of £1.2m and 0.85x industry multiple (adjusted for size and gross margin).
matthews events ltd Estimated Valuation
Pomanda estimates the enterprise value of MATTHEWS EVENTS LTD at £524.5k based on an EBITDA of £127.3k and a 4.12x industry multiple (adjusted for size and gross margin).
matthews events ltd Estimated Valuation
Pomanda estimates the enterprise value of MATTHEWS EVENTS LTD at £158k based on Net Assets of £77.3k and 2.04x industry multiple (adjusted for liquidity).
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Matthews Events Ltd Overview
Matthews Events Ltd is a live company located in redhill, RH1 5QL with a Companies House number of 12871997. It operates in the other amusement and recreation activities n.e.c. sector, SIC Code 93290. Founded in September 2020, it's largest shareholder is nicola matthews with a 20% stake. Matthews Events Ltd is a startup, small sized company, Pomanda has estimated its turnover at £1.2m with unknown growth in recent years.
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Matthews Events Ltd Health Check
Pomanda's financial health check has awarded Matthews Events Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £1.2m, make it larger than the average company (£308.7k)
- Matthews Events Ltd
£308.7k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Matthews Events Ltd
- - Industry AVG
Production
with a gross margin of 63.8%, this company has a comparable cost of product (63.8%)
- Matthews Events Ltd
63.8% - Industry AVG
Profitability
an operating margin of 7.6% make it less profitable than the average company (10.1%)
- Matthews Events Ltd
10.1% - Industry AVG
Employees
with 33 employees, this is above the industry average (9)
33 - Matthews Events Ltd
9 - Industry AVG
Pay Structure
on an average salary of £17.9k, the company has an equivalent pay structure (£17.9k)
- Matthews Events Ltd
£17.9k - Industry AVG
Efficiency
resulting in sales per employee of £37.8k, this is less efficient (£53.2k)
- Matthews Events Ltd
£53.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Matthews Events Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is quicker than average (47 days)
- Matthews Events Ltd
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Matthews Events Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (98 weeks)
11 weeks - Matthews Events Ltd
98 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 71.8%, this is a higher level of debt than the average (31.8%)
71.8% - Matthews Events Ltd
31.8% - Industry AVG
MATTHEWS EVENTS LTD financials
Matthews Events Ltd's latest turnover from March 2023 is estimated at £1.2 million and the company has net assets of £77.3 thousand. According to their latest financial statements, Matthews Events Ltd has 33 employees and maintains cash reserves of £38.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Sep 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 | 33 | 36 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Sep 2021 | |
|---|---|---|
| Tangible Assets | 79,210 | 59,387 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 79,210 | 59,387 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 0 | 0 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 156,255 | 4,449 |
| Cash | 38,771 | 31,611 |
| misc current assets | 0 | 0 |
| total current assets | 195,026 | 36,060 |
| total assets | 274,236 | 95,447 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 37,574 | 28,841 |
| Group/Directors Accounts | 0 | 6,533 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 144,293 | 39,644 |
| total current liabilities | 181,867 | 75,018 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 15,050 | 11,284 |
| total long term liabilities | 15,050 | 11,284 |
| total liabilities | 196,917 | 86,302 |
| net assets | 77,319 | 9,145 |
| total shareholders funds | 77,319 | 9,145 |
| Mar 2023 | Sep 2021 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 32,793 | 14,847 |
| Amortisation | 0 | 0 |
| Tax | ||
| Stock | 0 | 0 |
| Debtors | 156,255 | 4,449 |
| Creditors | 37,574 | 28,841 |
| Accruals and Deferred Income | 144,293 | 39,644 |
| Deferred Taxes & Provisions | 15,050 | 11,284 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 6,533 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 38,771 | 31,611 |
| overdraft | 0 | 0 |
| change in cash | 38,771 | 31,611 |
matthews events ltd Credit Report and Business Information
Matthews Events Ltd Competitor Analysis
Perform a competitor analysis for matthews events ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in RH1 area or any other competitors across 12 key performance metrics.
matthews events ltd Ownership
MATTHEWS EVENTS LTD group structure
Matthews Events Ltd has no subsidiary companies.
Ultimate parent company
MATTHEWS EVENTS LTD
12871997
matthews events ltd directors
Matthews Events Ltd currently has 3 directors. The longest serving directors include Mr Thomas Matthews (Sep 2020) and Mr James Matthews (Sep 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Thomas Matthews | England | 32 years | Sep 2020 | - | Director |
| Mr James Matthews | United Kingdom | 27 years | Sep 2020 | - | Director |
| Mr Thomas Matthews | England | 56 years | Sep 2020 | - | Director |
P&L
March 2023turnover
1.2m
0%
operating profit
94.5k
0%
gross margin
63.8%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
77.3k
0%
total assets
274.2k
0%
cash
38.8k
0%
net assets
Total assets minus all liabilities
Similar Companies
matthews events ltd company details
company number
12871997
Type
Private limited with Share Capital
industry
93290 - Other amusement and recreation activities
incorporation date
September 2020
age
4
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
ELZEY ACCOUNTAMCY AND TAX
auditor
-
address
1 fairacres, axes lane, redhill, RH1 5QL
Bank
-
Legal Advisor
-
matthews 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 matthews events ltd.
matthews 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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matthews events ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
