capital theatres
capital theatres Company Information
Group Structure
View All
Industry
Operation of arts facilities
Registered Address
13-29 nicolson street, edinburgh, midlothian, EH8 9FT
Website
http://capitaltheatres.comcapital theatres Estimated Valuation
Pomanda estimates the enterprise value of CAPITAL THEATRES at £26.4m based on a Turnover of £27m and 0.98x industry multiple (adjusted for size and gross margin).
capital theatres Estimated Valuation
Pomanda estimates the enterprise value of CAPITAL THEATRES at £160.4m based on an EBITDA of £13.5m and a 11.87x industry multiple (adjusted for size and gross margin).
capital theatres Estimated Valuation
Pomanda estimates the enterprise value of CAPITAL THEATRES at £21.1m based on Net Assets of £22.3m and 0.95x industry multiple (adjusted for liquidity).
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Capital Theatres Overview
Capital Theatres is a live company located in midlothian, EH8 9FT with a Companies House number of SC134619. It operates in the operation of arts facilities sector, SIC Code 90040. Founded in October 1991, it's largest shareholder is unknown. Capital Theatres is a mature, large sized company, Pomanda has estimated its turnover at £27m with rapid growth in recent years.
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Capital Theatres Health Check
Pomanda's financial health check has awarded Capital Theatres a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
3 Weak
Size
annual sales of £27m, make it larger than the average company (£541.6k)
£27m - Capital Theatres
£541.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 90%, show it is growing at a faster rate (7.1%)
90% - Capital Theatres
7.1% - Industry AVG
Production
with a gross margin of 56.9%, this company has a comparable cost of product (56.9%)
56.9% - Capital Theatres
56.9% - Industry AVG
Profitability
an operating margin of 49.7% make it more profitable than the average company (1.8%)
49.7% - Capital Theatres
1.8% - Industry AVG
Employees
with 60 employees, this is above the industry average (13)
60 - Capital Theatres
13 - Industry AVG
Pay Structure
on an average salary of £64.1k, the company has a higher pay structure (£20.9k)
£64.1k - Capital Theatres
£20.9k - Industry AVG
Efficiency
resulting in sales per employee of £450.7k, this is more efficient (£52.8k)
£450.7k - Capital Theatres
£52.8k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (8 days)
0 days - Capital Theatres
8 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (38 days)
5 days - Capital Theatres
38 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (11 days)
1 days - Capital Theatres
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 103 weeks, this is average cash available to meet short term requirements (95 weeks)
103 weeks - Capital Theatres
95 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 30.2%, this is a higher level of debt than the average (21.1%)
30.2% - Capital Theatres
21.1% - Industry AVG
CAPITAL THEATRES financials
Capital Theatres's latest turnover from March 2024 is £27 million and the company has net assets of £22.3 million. According to their latest financial statements, Capital Theatres has 60 employees and maintains cash reserves of £19.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | 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 | 27,039,293 | 15,337,354 | 12,210,862 | 3,955,777 | 12,934,900 | 18,159,487 | 14,537,762 | 13,741,167 | 10,958,646 | 10,936,693 | 13,129,556 | 9,567,877 | 6,776,328 | 5,237,776 | 6,137,331 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 3,629,362 | 3,987,288 | |||||||||||||
| Gross Profit | 1,608,414 | 2,150,043 | |||||||||||||
| Admin Expenses | 3,290,424 | ||||||||||||||
| Operating Profit | -1,682,010 | ||||||||||||||
| Interest Payable | 45 | 14,567 | 11,048 | ||||||||||||
| Interest Receivable | 6,413 | 8,128 | 42 | 3,930 | 3,973 | ||||||||||
| Pre-Tax Profit | 10,768,127 | 3,542,790 | 2,411,844 | -81,920 | 560,975 | 827,905 | 359,955 | -358,560 | -597,231 | -197,426 | -75,361 | 29,027 | -381,640 | -1,682,010 | -1,178,945 |
| Tax | |||||||||||||||
| Profit After Tax | 10,768,127 | 3,542,790 | 2,411,844 | -81,920 | 560,975 | 827,905 | 359,955 | -358,560 | -597,231 | -197,426 | -75,361 | 29,027 | -381,640 | -1,682,010 | -1,178,945 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 10,768,127 | 3,542,790 | 2,411,844 | -81,920 | 560,975 | 827,905 | 359,955 | -358,560 | -597,231 | -197,426 | -75,361 | 29,027 | -381,640 | -1,682,010 | -1,178,945 |
| Employee Costs | 3,843,633 | 3,785,907 | 3,011,077 | 2,553,768 | 3,693,657 | 3,889,858 | 3,543,625 | 3,015,930 | 2,729,662 | 2,624,176 | 2,606,470 | 2,201,295 | 1,873,115 | 2,894,987 | 2,443,045 |
| Number Of Employees | 60 | 60 | 56 | 58 | 61 | 131 | 60 | 57 | 56 | 112 | 111 | 88 | 80 | 108 | 100 |
| EBITDA* | -674,546 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | 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 | 12,506,206 | 6,058,953 | 2,182,207 | 2,259,390 | 2,614,414 | 1,998,394 | 2,337,038 | 1,833,570 | 2,923,924 | 3,947,819 | 4,497,263 | 4,390,885 | 5,009,720 | 5,872,465 | 6,763,593 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 12,506,206 | 6,058,953 | 2,182,207 | 2,259,390 | 2,614,414 | 1,998,394 | 2,337,038 | 1,833,570 | 2,923,924 | 3,947,819 | 4,497,263 | 4,390,885 | 5,009,720 | 5,872,465 | 6,763,593 |
| Stock & work in progress | 51,472 | 22,303 | 29,755 | 23,436 | 33,187 | 29,973 | 27,811 | 27,498 | 17,479 | 22,123 | 15,922 | 15,588 | 10,066 | 13,057 | 10,332 |
| Trade Debtors | 10,503 | 37,345 | 42,735 | 16,447 | 49,875 | 27,638 | 29,545 | 53,067 | 29,259 | 15,724 | 31,546 | 100,828 | 12,869 | 19,632 | 17,755 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 260,953 | 517,635 | 39,386 | 235,033 | 165,981 | 81,965 | 214,515 | 175,047 | 178,329 | 296,221 | 156,416 | 569,056 | 182,573 | 165,310 | 137,043 |
| Cash | 19,144,804 | 15,733,026 | 9,290,331 | 4,783,999 | 3,982,121 | 3,195,034 | 4,555,998 | 5,090,522 | 4,516,782 | 2,563,228 | 1,939,316 | 1,841,255 | 597,277 | 694,084 | 517,282 |
| misc current assets | 1,490,671 | 1,587,466 | 1,471,401 | 2,581,902 | 2,452,329 | ||||||||||
| total current assets | 19,467,732 | 17,800,980 | 10,989,673 | 6,530,316 | 6,697,228 | 5,916,512 | 7,280,198 | 5,346,134 | 4,741,849 | 2,897,296 | 2,143,200 | 2,526,727 | 802,785 | 892,083 | 682,412 |
| total assets | 31,973,938 | 23,859,933 | 13,171,880 | 8,789,706 | 9,311,642 | 7,914,906 | 9,617,236 | 7,179,704 | 7,665,773 | 6,845,115 | 6,640,463 | 6,917,612 | 5,812,505 | 6,764,548 | 7,446,005 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 180,549 | 2,836,486 | 279,219 | 177,171 | 280,268 | 145,824 | 292,963 | 254,985 | 317,375 | 179,341 | 272,020 | 130,550 | 62,655 | 214,536 | 102,463 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 9,482,300 | 9,473,337 | 4,788,546 | 2,986,639 | 3,708,838 | 2,891,683 | 5,404,352 | 3,317,082 | 3,390,201 | 2,121,346 | 1,621,589 | 1,969,847 | 961,662 | 1,375,184 | 766,057 |
| total current liabilities | 9,662,849 | 12,309,823 | 5,067,765 | 3,163,810 | 3,989,106 | 3,037,507 | 5,697,315 | 3,572,067 | 3,707,576 | 2,300,687 | 1,893,609 | 2,100,397 | 1,024,317 | 1,589,720 | 868,520 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 347,000 | 224,000 | 365,000 | 301,000 | 256,000 | 212,000 | 120,000 | 235,000 | |||||||
| total liabilities | 9,662,849 | 12,309,823 | 5,067,765 | 3,163,810 | 3,989,106 | 3,037,507 | 5,697,315 | 3,919,067 | 3,931,576 | 2,665,687 | 2,194,609 | 2,356,397 | 1,236,317 | 1,709,720 | 1,103,520 |
| net assets | 22,311,089 | 11,550,110 | 8,104,115 | 5,625,896 | 5,322,536 | 4,877,399 | 3,919,921 | 3,260,637 | 3,734,197 | 4,179,428 | 4,445,854 | 4,561,215 | 4,576,188 | 5,054,828 | 6,342,485 |
| total shareholders funds | 22,311,089 | 11,550,110 | 8,104,115 | 5,625,896 | 5,322,536 | 4,877,399 | 3,919,921 | 3,260,637 | 3,734,197 | 4,179,428 | 4,445,854 | 4,561,215 | 4,576,188 | 5,054,828 | 6,342,485 |
| Mar 2024 | 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 | -1,682,010 | ||||||||||||||
| Depreciation | 72,228 | 78,714 | 141,358 | 172,080 | 178,075 | 338,644 | 306,268 | 1,204,139 | 1,150,622 | 1,127,137 | 1,112,215 | 1,042,980 | 1,062,358 | 1,007,464 | 1,028,922 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | 29,169 | -7,452 | 6,319 | -9,751 | 3,214 | 2,162 | 313 | 10,019 | -4,644 | 6,201 | 334 | 5,522 | -2,991 | 2,725 | 10,332 |
| Debtors | -283,524 | 472,859 | -169,359 | 35,624 | 106,253 | -134,457 | 15,946 | 20,526 | -104,357 | 123,983 | -481,922 | 474,442 | 10,500 | 30,144 | 154,798 |
| Creditors | -2,655,937 | 2,557,267 | 102,048 | -103,097 | 134,444 | -147,139 | 37,978 | -62,390 | 138,034 | -92,679 | 141,470 | 67,895 | -151,881 | 112,073 | 102,463 |
| Accruals and Deferred Income | 8,963 | 4,684,791 | 1,801,907 | -722,199 | 817,155 | -2,512,669 | 2,087,270 | -73,119 | 1,268,855 | 499,757 | -348,258 | 1,008,185 | -413,522 | 609,127 | 766,057 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 13,785 | ||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | -3,309,736 | -113,785 | -126,727 | -577,693 | -1,218,593 | -424,145 | -199,613 | -116,336 | -154,482 | ||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | -3,309,736 | -113,785 | -126,727 | -577,693 | -1,218,593 | -424,145 | -199,613 | -116,336 | -154,482 | ||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 6,413 | 8,128 | -3 | -10,637 | -7,075 | ||||||||||
| cash flow from financing | -7,148 | -96,795 | 66,375 | 385,280 | -115,838 | 129,573 | 299,329 | -115,000 | 158,413 | -60,872 | -40,000 | -44,003 | -97,000 | 383,716 | 7,514,355 |
| cash and cash equivalents | |||||||||||||||
| cash | 3,411,778 | 6,442,695 | 4,506,332 | 801,878 | 787,087 | -1,360,964 | -534,524 | 573,740 | 1,953,554 | 623,912 | 98,061 | 1,243,978 | -96,807 | 176,802 | 517,282 |
| overdraft | |||||||||||||||
| change in cash | 3,411,778 | 6,442,695 | 4,506,332 | 801,878 | 787,087 | -1,360,964 | -534,524 | 573,740 | 1,953,554 | 623,912 | 98,061 | 1,243,978 | -96,807 | 176,802 | 517,282 |
capital theatres Credit Report and Business Information
Capital Theatres Competitor Analysis
Perform a competitor analysis for capital theatres by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other large companies, companies in EH8 area or any other competitors across 12 key performance metrics.
capital theatres Ownership
CAPITAL THEATRES group structure
Capital Theatres has 2 subsidiary companies.
Ultimate parent company
CAPITAL THEATRES
SC134619
2 subsidiaries
capital theatres directors
Capital Theatres currently has 12 directors. The longest serving directors include Professor Dame Joan Stringer (Oct 2013) and Ms Karyn Watt (Apr 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Professor Dame Joan Stringer | 76 years | Oct 2013 | - | Director | |
| Ms Karyn Watt | 63 years | Apr 2016 | - | Director | |
| Mrs Lesley Drummond | 59 years | Oct 2018 | - | Director | |
| Mr Anthony Mills | Scotland | 45 years | Mar 2021 | - | Director |
| Ms Valerie Walker | 76 years | Sep 2022 | - | Director | |
| Mr James Saville | 61 years | Sep 2022 | - | Director | |
| Dr Amy McNeese-Mechan | Scotland | 65 years | Sep 2022 | - | Director |
| Mr Finlay Russell | 27 years | Sep 2022 | - | Director | |
| Mr Martin Reynolds | 49 years | Mar 2023 | - | Director | |
| Mr Neil Patey | 60 years | Jun 2023 | - | Director |
P&L
March 2024turnover
27m
+76%
operating profit
13.4m
0%
gross margin
57%
-9.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
22.3m
+0.93%
total assets
32m
+0.34%
cash
19.1m
+0.22%
net assets
Total assets minus all liabilities
capital theatres company details
company number
SC134619
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
90040 - Operation of arts facilities
incorporation date
October 1991
age
34
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
festival city theatres trust (February 2018)
the festival city theatres trust (February 1999)
See moreaccountant
-
auditor
C T
address
13-29 nicolson street, edinburgh, midlothian, EH8 9FT
Bank
BANK OF SCOTLAND
Legal Advisor
SHEPHERD & WEDDERBURN WS
capital theatres 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 2 charges/mortgages relating to capital theatres. Currently there are 2 open charges and 0 have been satisfied in the past.
capital theatres 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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capital theatres Companies House Filings - See Documents
| date | description | view/download |
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