pitlochry festival theatre
pitlochry festival theatre Company Information
Company Number
SC029243
Registered Address
pitlochry festival theatre, port-na-craig, pitlochry, perthshire, PH16 5DR
Industry
Licensed restaurants
Telephone
01796484626
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
-0%
pitlochry festival theatre Estimated Valuation
Pomanda estimates the enterprise value of PITLOCHRY FESTIVAL THEATRE at £3.8m based on a Turnover of £4.9m and 0.78x industry multiple (adjusted for size and gross margin).
pitlochry festival theatre Estimated Valuation
Pomanda estimates the enterprise value of PITLOCHRY FESTIVAL THEATRE at £6.4m based on an EBITDA of £1.4m and a 4.61x industry multiple (adjusted for size and gross margin).
pitlochry festival theatre Estimated Valuation
Pomanda estimates the enterprise value of PITLOCHRY FESTIVAL THEATRE at £42.9m based on Net Assets of £13.2m and 3.24x industry multiple (adjusted for liquidity).
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Pitlochry Festival Theatre Overview
Pitlochry Festival Theatre is a live company located in pitlochry, PH16 5DR with a Companies House number of SC029243. It operates in the licenced restaurants sector, SIC Code 56101. Founded in January 1953, it's largest shareholder is unknown. Pitlochry Festival Theatre is a mature, small sized company, Pomanda has estimated its turnover at £4.9m with declining growth in recent years.
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Pitlochry Festival Theatre Health Check
Pomanda's financial health check has awarded Pitlochry Festival Theatre a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 3 areas for improvement. Company Health Check FAQs
8 Strong
1 Regular
3 Weak
Size
annual sales of £4.9m, make it larger than the average company (£1.6m)
£4.9m - Pitlochry Festival Theatre
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (3.5%)
-5% - Pitlochry Festival Theatre
3.5% - Industry AVG
Production
with a gross margin of 56.9%, this company has a comparable cost of product (56.9%)
56.9% - Pitlochry Festival Theatre
56.9% - Industry AVG
Profitability
an operating margin of 22.9% make it more profitable than the average company (4.2%)
22.9% - Pitlochry Festival Theatre
4.2% - Industry AVG
Employees
with 70 employees, this is above the industry average (34)
70 - Pitlochry Festival Theatre
34 - Industry AVG
Pay Structure
on an average salary of £25.8k, the company has a higher pay structure (£18.8k)
£25.8k - Pitlochry Festival Theatre
£18.8k - Industry AVG
Efficiency
resulting in sales per employee of £70.1k, this is more efficient (£50k)
£70.1k - Pitlochry Festival Theatre
£50k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (6 days)
1 days - Pitlochry Festival Theatre
6 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is quicker than average (46 days)
21 days - Pitlochry Festival Theatre
46 days - Industry AVG
Stock Days
it holds stock equivalent to 4 days, this is less than average (13 days)
4 days - Pitlochry Festival Theatre
13 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 98 weeks, this is more cash available to meet short term requirements (14 weeks)
98 weeks - Pitlochry Festival Theatre
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 6.8%, this is a lower level of debt than the average (85.4%)
6.8% - Pitlochry Festival Theatre
85.4% - Industry AVG
PITLOCHRY FESTIVAL THEATRE financials
Pitlochry Festival Theatre's latest turnover from March 2023 is £4.9 million and the company has net assets of £13.2 million. According to their latest financial statements, Pitlochry Festival Theatre has 70 employees and maintains cash reserves of £1.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 4,905,537 | 5,537,394 | 4,622,050 | 5,646,190 | 3,892,903 | 3,910,328 | 4,129,237 | 3,970,215 | 3,932,698 | 3,937,197 | 3,591,041 | 3,676,814 | 3,481,510 | 3,188,889 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | -127,205 | -118,183 | -191,600 | -223,243 | -80,553 | |||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 645,951 | 3,292,003 | 2,163,773 | 1,305,952 | -554,379 | -612,202 | -248,598 | -53,779 | 55,835 | -127,205 | -118,183 | -191,600 | -223,243 | -80,553 |
| Tax | 350,000 | 0 | 15,022 | 202,080 | 193,304 | 239,816 | 415,700 | 110,175 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 995,951 | 3,292,003 | 2,178,795 | 1,508,032 | -361,075 | -372,386 | 167,102 | 56,396 | 55,835 | -127,205 | -118,183 | -191,600 | -223,243 | -80,553 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 995,951 | 3,292,003 | 2,178,795 | 1,508,032 | -361,075 | -372,386 | 167,102 | 56,396 | 55,835 | -127,205 | -118,183 | -191,600 | -223,243 | -80,553 |
| Employee Costs | 1,808,475 | 985,745 | 1,351,620 | 2,341,287 | 2,380,089 | 2,389,220 | 2,305,186 | 2,170,268 | 2,097,533 | 2,176,887 | 1,963,710 | 2,026,163 | 1,943,376 | 1,709,263 |
| Number Of Employees | 70 | 62 | 81 | 126 | 105 | 114 | 115 | 118 | 84 | 112 | 105 | 105 | 105 | 105 |
| EBITDA* | 49,753 | 48,042 | -26,876 | -79,979 | 114,418 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 11,853,002 | 9,830,031 | 5,033,387 | 4,631,612 | 4,739,959 | 4,906,091 | 5,092,206 | 5,265,651 | 5,423,788 | 5,541,126 | 5,535,585 | 5,616,386 | 5,650,588 | 5,725,572 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 63,459 | 66,412 | 62,884 | 47,770 | 47,770 | 47,770 | 47,770 | 40,035 | 39,674 | 37,557 | 31,355 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 11,916,461 | 9,896,443 | 5,096,271 | 4,679,382 | 4,787,729 | 4,953,861 | 5,139,976 | 5,305,686 | 5,463,462 | 5,578,683 | 5,566,940 | 5,616,386 | 5,650,588 | 5,725,572 |
| Stock & work in progress | 23,743 | 1,868 | 0 | 0 | 24,596 | 26,467 | 21,243 | 22,415 | 39,741 | 40,826 | 62,962 | 58,276 | 68,552 | 56,136 |
| Trade Debtors | 19,061 | 39,668 | 3,972 | 92,729 | 49,718 | 30,900 | 29,897 | 29,337 | 250,448 | 243,361 | 20,305 | 28,963 | 42,862 | 42,210 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 510,102 | 416,683 | 281,965 | 1,587,971 | 423,065 | 509,127 | 486,798 | 328,511 | 265,924 | 218,227 | 198,352 | 151,883 | 313,230 | 281,899 |
| Cash | 1,715,035 | 3,215,958 | 4,165,030 | 965,985 | 349,739 | 330,003 | 365,069 | 114,589 | 102,084 | 150,412 | 230,100 | 295,295 | 127,355 | 251,829 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,267,941 | 3,674,177 | 4,450,967 | 2,646,685 | 847,118 | 896,497 | 903,007 | 494,852 | 658,197 | 652,826 | 511,719 | 534,417 | 551,999 | 632,074 |
| total assets | 14,184,402 | 13,570,620 | 9,547,238 | 7,326,067 | 5,634,847 | 5,850,358 | 6,042,983 | 5,800,538 | 6,121,659 | 6,231,509 | 6,078,659 | 6,150,803 | 6,202,587 | 6,357,646 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 124,446 | 172,185 | 88,272 | 228,370 | 144,062 | 145,107 | 72,941 | 78,876 | 38,595 | 81,307 | 66,591 | 50,952 | 41,728 | 363,138 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20,000 | 20,000 | 20,000 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 782,395 | 1,098,981 | 1,017,671 | 844,467 | 782,112 | 635,503 | 527,908 | 446,630 | 664,428 | 787,401 | 528,270 | 497,870 | 567,278 | 177,684 |
| total current liabilities | 906,841 | 1,271,166 | 1,105,943 | 1,072,837 | 926,174 | 780,610 | 600,849 | 525,506 | 723,023 | 888,708 | 614,861 | 548,822 | 609,006 | 540,822 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 180,000 | 180,000 | 180,000 | 200,000 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 51,993 | 69,837 | 30,681 | 36,525 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 51,993 | 69,837 | 30,681 | 36,525 | 0 | 0 | 0 | 0 | 180,000 | 180,000 | 180,000 | 200,000 | 0 | 0 |
| total liabilities | 958,834 | 1,341,003 | 1,136,624 | 1,109,362 | 926,174 | 780,610 | 600,849 | 525,506 | 903,023 | 1,068,708 | 794,861 | 748,822 | 609,006 | 540,822 |
| net assets | 13,225,568 | 12,229,617 | 8,410,614 | 6,216,705 | 4,708,673 | 5,069,748 | 5,442,134 | 5,275,032 | 5,218,636 | 5,162,801 | 5,283,798 | 5,401,981 | 5,593,581 | 5,816,824 |
| total shareholders funds | 13,225,568 | 12,229,617 | 8,410,614 | 6,216,705 | 4,708,673 | 5,069,748 | 5,442,134 | 5,275,032 | 5,218,636 | 5,162,801 | 5,283,798 | 5,401,981 | 5,593,581 | 5,816,824 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -127,205 | -118,183 | -191,600 | -223,243 | -80,553 | |||||||||
| Depreciation | 262,383 | 193,624 | 183,606 | 182,121 | 182,032 | 192,056 | 197,482 | 206,884 | 175,083 | 176,958 | 166,225 | 164,724 | 143,264 | 194,971 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 350,000 | 0 | 15,022 | 202,080 | 193,304 | 239,816 | 415,700 | 110,175 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 21,875 | 1,868 | 0 | -24,596 | -1,871 | 5,224 | -1,172 | -17,326 | -1,085 | -22,136 | 4,686 | -10,276 | 12,416 | 56,136 |
| Debtors | 72,812 | 170,414 | -1,394,763 | 1,207,917 | -67,244 | 23,332 | 158,847 | -158,524 | 54,784 | 242,931 | 37,811 | -175,246 | 31,983 | 324,109 |
| Creditors | -47,739 | 83,913 | -140,098 | 84,308 | -1,045 | 72,166 | -5,935 | 40,281 | -42,712 | 14,716 | 15,639 | 9,224 | -321,410 | 363,138 |
| Accruals and Deferred Income | -316,586 | 81,310 | 173,204 | 62,355 | 146,609 | 107,595 | 81,278 | -217,798 | -122,973 | 259,131 | 30,400 | -69,408 | 389,594 | 177,684 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 102,805 | 51,584 | 98,462 | -56,194 | 274,995 | |||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -5,941 | -24,037 | -48,747 | -57,746 | -182,499 | -116,778 | -129,481 | -68,280 | -277,848 |
| Change in Investments | -2,953 | 3,528 | 15,114 | 0 | 0 | 0 | 7,735 | 361 | 2,117 | 6,202 | 31,355 | 0 | 0 | 0 |
| cash flow from investments | 2,953 | -3,528 | -15,114 | 0 | 0 | -5,941 | -31,772 | -49,108 | -59,863 | -188,701 | -148,133 | -129,481 | -68,280 | -277,848 |
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -20,000 | 0 | 0 | 20,000 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -180,000 | 0 | 0 | -20,000 | 200,000 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -17,844 | 39,156 | -5,844 | 36,525 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -13 | 0 | 0 |
| cash flow from financing | -17,844 | 566,156 | 9,270 | 36,525 | 0 | 0 | 0 | -200,000 | 0 | 6,208 | 0 | 199,987 | 0 | 5,897,377 |
| cash and cash equivalents | ||||||||||||||
| cash | -1,500,923 | -949,072 | 3,199,045 | 616,246 | 19,736 | -35,066 | 250,480 | 12,505 | -48,328 | -79,688 | -65,195 | 167,940 | -124,474 | 251,829 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,500,923 | -949,072 | 3,199,045 | 616,246 | 19,736 | -35,066 | 250,480 | 12,505 | -48,328 | -79,688 | -65,195 | 167,940 | -124,474 | 251,829 |
pitlochry festival theatre Credit Report and Business Information
Pitlochry Festival Theatre Competitor Analysis
Perform a competitor analysis for pitlochry festival theatre by selecting its closest rivals and benchmarking them against 12 key performance metrics.
pitlochry festival theatre Ownership
PITLOCHRY FESTIVAL THEATRE group structure
Pitlochry Festival Theatre has 2 subsidiary companies.
Ultimate parent company
PITLOCHRY FESTIVAL THEATRE
SC029243
2 subsidiaries
pitlochry festival theatre directors
Pitlochry Festival Theatre currently has 10 directors. The longest serving directors include Ms Heather Stuart (May 2013) and Mr William Douglas (Oct 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Heather Stuart | Scotland | 54 years | May 2013 | - | Director |
| Mr William Douglas | 64 years | Oct 2016 | - | Director | |
| Mr Malcolm Brown | 71 years | Dec 2016 | - | Director | |
| Mr Crawford Gillies | Scotland | 68 years | Nov 2018 | - | Director |
| Mrs Georgina Gordon | Scotland | 45 years | Nov 2019 | - | Director |
| Mr Graeme Bissett | United Kingdom | 66 years | Jan 2021 | - | Director |
| Ms Jane Wilson | England | 53 years | Sep 2021 | - | Director |
| Ms Helen Martin | Scotland | 54 years | Sep 2021 | - | Director |
| Mrs Catriona Heppel | Scotland | 58 years | Feb 2023 | - | Director |
| Mr Robert Garnish | Scotland | 46 years | Feb 2023 | - | Director |
P&L
March 2023turnover
4.9m
-11%
operating profit
1.1m
0%
gross margin
56.9%
-2.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
13.2m
+0.08%
total assets
14.2m
+0.05%
cash
1.7m
-0.47%
net assets
Total assets minus all liabilities
Similar Companies
pitlochry festival theatre company details
company number
SC029243
Type
Private Ltd By Guarantee w/o Share Cap
industry
56101 - Licensed restaurants
incorporation date
January 1953
age
71
accounts
Group
ultimate parent company
previous names
pitlochry festival society limited (August 2004)
incorporated
UK
address
pitlochry festival theatre, port-na-craig, pitlochry, perthshire, PH16 5DR
last accounts submitted
March 2023
pitlochry festival theatre 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 8 charges/mortgages relating to pitlochry festival theatre. Currently there are 2 open charges and 6 have been satisfied in the past.
pitlochry festival theatre Companies House Filings - See Documents
| date | description | view/download |
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