halle concerts society
halle concerts society Company Information
Company Number
00062753
Website
www.halle.co.ukRegistered Address
the bridgewater hall, lower moseley street, manchester, m1 5ha, M2 3WS
Industry
Artistic creation
Telephone
01619079000
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
-0%
halle concerts society Estimated Valuation
Pomanda estimates the enterprise value of HALLE CONCERTS SOCIETY at £2.1m based on a Turnover of £9.7m and 0.22x industry multiple (adjusted for size and gross margin).
halle concerts society Estimated Valuation
Pomanda estimates the enterprise value of HALLE CONCERTS SOCIETY at £0 based on an EBITDA of £-257.7k and a 7.53x industry multiple (adjusted for size and gross margin).
halle concerts society Estimated Valuation
Pomanda estimates the enterprise value of HALLE CONCERTS SOCIETY at £2.8m based on Net Assets of £11m and 0.25x industry multiple (adjusted for liquidity).
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Halle Concerts Society Overview
Halle Concerts Society is a live company located in manchester, M2 3WS with a Companies House number of 00062753. It operates in the artistic creation sector, SIC Code 90030. Founded in January 1899, it's largest shareholder is unknown. Halle Concerts Society is a mature, mid sized company, Pomanda has estimated its turnover at £9.7m with declining growth in recent years.
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Halle Concerts Society Health Check
Pomanda's financial health check has awarded Halle Concerts Society a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £9.7m, make it larger than the average company (£295k)
£9.7m - Halle Concerts Society
£295k - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (4.2%)
-6% - Halle Concerts Society
4.2% - Industry AVG
Production
with a gross margin of 48.4%, this company has a comparable cost of product (48.4%)
48.4% - Halle Concerts Society
48.4% - Industry AVG
Profitability
an operating margin of -6.5% make it less profitable than the average company (7.3%)
-6.5% - Halle Concerts Society
7.3% - Industry AVG
Employees
with 123 employees, this is above the industry average (6)
123 - Halle Concerts Society
6 - Industry AVG
Pay Structure
on an average salary of £38.8k, the company has a higher pay structure (£25.9k)
£38.8k - Halle Concerts Society
£25.9k - Industry AVG
Efficiency
resulting in sales per employee of £79.1k, this is equally as efficient (£71.4k)
£79.1k - Halle Concerts Society
£71.4k - Industry AVG
Debtor Days
it gets paid by customers after 12 days, this is earlier than average (16 days)
12 days - Halle Concerts Society
16 days - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (28 days)
18 days - Halle Concerts Society
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Halle Concerts Society
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 107 weeks, this is less cash available to meet short term requirements (146 weeks)
107 weeks - Halle Concerts Society
146 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 48.2%, this is a higher level of debt than the average (24.5%)
48.2% - Halle Concerts Society
24.5% - Industry AVG
halle concerts society Credit Report and Business Information
Halle Concerts Society Competitor Analysis
Perform a competitor analysis for halle concerts society by selecting its closest rivals and benchmarking them against 12 key performance metrics.
halle concerts society Ownership
HALLE CONCERTS SOCIETY group structure
Halle Concerts Society has 1 subsidiary company.
halle concerts society directors
Halle Concerts Society currently has 13 directors. The longest serving directors include Professor Linda Merrick (Jul 2015) and Mr John Phillips (Sep 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Professor Linda Merrick | United Kingdom | 61 years | Jul 2015 | - | Director |
| Mr John Phillips | England | 74 years | Sep 2016 | - | Director |
| Councillor Azra Ali | 63 years | Sep 2017 | - | Director | |
| Mr Timothy Edge | 55 years | Apr 2018 | - | Director | |
| Mr Alexander Connock | England | 59 years | May 2018 | - | Director |
| Ms Merryl Webster | 64 years | Jul 2018 | - | Director | |
| Mr Eamonn Boylan | England | 64 years | Sep 2018 | - | Director |
| Councillor Janet Emsley | England | 68 years | Oct 2018 | - | Director |
| Mr Darren Drabble | United Kingdom | 49 years | Mar 2019 | - | Director |
| Mrs Aileen Wiswell | 62 years | Jul 2019 | - | Director |
HALLE CONCERTS SOCIETY financials
Halle Concerts Society's latest turnover from March 2023 is £9.7 million and the company has net assets of £11 million. According to their latest financial statements, Halle Concerts Society has 123 employees and maintains cash reserves of £3.1 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 | 9,735,000 | 9,411,000 | 7,885,000 | 11,673,000 | 12,411,000 | 13,893,000 | 9,639,000 | 8,434,000 | 9,477,000 | 7,924,000 | 9,314,000 | 8,301,000 | 8,787,000 | 8,614,000 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 701,000 | 677,000 | 789,000 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 919,000 | 919,000 | 1,011,000 | 0 | 0 |
| Pre-Tax Profit | -432,000 | 593,000 | 1,184,000 | 1,611,000 | 2,409,000 | 4,642,000 | -386,000 | -481,000 | 205,000 | -200,000 | 1,266,000 | 123,000 | 2,141,000 | 188,000 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -432,000 | 593,000 | 1,184,000 | 1,611,000 | 2,409,000 | 4,642,000 | -386,000 | -481,000 | 205,000 | -200,000 | 1,266,000 | 123,000 | 2,141,000 | 188,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -432,000 | 593,000 | 1,184,000 | 1,611,000 | 2,409,000 | 4,642,000 | -386,000 | -481,000 | 205,000 | -200,000 | 1,266,000 | 123,000 | 2,141,000 | 188,000 |
| Employee Costs | 4,775,000 | 4,540,000 | 4,172,000 | 4,348,000 | 4,280,000 | 4,089,000 | 4,182,000 | 4,114,000 | 4,079,000 | 3,990,000 | 3,877,000 | 3,817,000 | 3,909,000 | 3,885,000 |
| Number Of Employees | 123 | 122 | 120 | 120 | 118 | 117 | 109 | 108 | 107 | 106 | 103 | 106 | 107 | 107 |
| EBITDA* |
* 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 | 6,760,000 | 7,018,000 | 7,386,000 | 7,881,000 | 4,176,000 | 2,110,000 | 1,694,000 | 1,765,000 | 1,861,000 | 1,972,000 | 2,031,000 | 678,000 | 391,000 | 240,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 7,153,000 | 7,334,000 | 6,981,000 | 5,730,000 | 6,208,000 | 6,667,000 | 6,308,000 | 5,804,000 | 5,424,000 | 5,190,000 | 3,758,000 | 3,498,000 | 3,369,000 | 3,196,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 13,913,000 | 14,352,000 | 14,367,000 | 13,611,000 | 10,384,000 | 8,777,000 | 8,002,000 | 7,569,000 | 7,285,000 | 7,162,000 | 5,789,000 | 4,176,000 | 3,760,000 | 3,436,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 |
| Trade Debtors | 337,000 | 265,000 | 133,000 | 623,000 | 619,000 | 229,000 | 305,000 | 176,000 | 267,000 | 90,000 | 318,000 | 318,000 | 309,000 | 401,000 |
| Group Debtors | 0 | 17,000 | 4,000 | 14,000 | 9,000 | 16,000 | 12,000 | 9,000 | 15,000 | 11,000 | 8,000 | 19,000 | 16,000 | 12,000 |
| Misc Debtors | 3,828,000 | 1,738,000 | 1,831,000 | 1,591,000 | 2,353,000 | 1,605,000 | 959,000 | 911,000 | 1,022,000 | 568,000 | 850,000 | 563,000 | 510,000 | 864,000 |
| Cash | 3,142,000 | 6,352,000 | 5,546,000 | 3,804,000 | 4,327,000 | 4,256,000 | 911,000 | 990,000 | 1,339,000 | 1,781,000 | 1,639,000 | 2,305,000 | 2,219,000 | 1,240,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 7,307,000 | 8,372,000 | 7,514,000 | 6,032,000 | 7,308,000 | 6,109,000 | 2,190,000 | 2,089,000 | 2,646,000 | 2,453,000 | 2,818,000 | 3,208,000 | 3,057,000 | 2,520,000 |
| total assets | 21,220,000 | 22,724,000 | 21,881,000 | 19,643,000 | 17,692,000 | 14,886,000 | 10,192,000 | 9,658,000 | 9,931,000 | 9,615,000 | 8,607,000 | 7,384,000 | 6,817,000 | 5,956,000 |
| 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 | 255,000 | 397,000 | 369,000 | 365,000 | 433,000 | 359,000 | 613,000 | 427,000 | 637,000 | 572,000 | 375,000 | 414,000 | 365,000 | 485,000 |
| Group/Directors Accounts | 11,000 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,253,000 | 1,578,000 | 1,560,000 | 1,489,000 | 892,000 | 679,000 | 861,000 | 749,000 | 776,000 | 725,000 | 722,000 | 871,000 | 965,000 | 943,000 |
| total current liabilities | 1,519,000 | 1,975,000 | 1,929,000 | 1,854,000 | 1,325,000 | 1,038,000 | 1,474,000 | 1,176,000 | 1,413,000 | 1,297,000 | 1,097,000 | 1,285,000 | 1,330,000 | 1,428,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 8,709,000 | 8,687,000 | 10,104,000 | 9,516,000 | 10,712,000 | 10,919,000 | 11,273,000 | 8,093,000 | 8,269,000 | 6,556,000 | 7,434,000 | 5,236,000 | 5,620,000 | 5,657,000 |
| total liabilities | 10,228,000 | 10,662,000 | 12,033,000 | 11,370,000 | 12,037,000 | 11,957,000 | 12,747,000 | 9,269,000 | 9,682,000 | 7,853,000 | 8,531,000 | 6,521,000 | 6,950,000 | 7,085,000 |
| net assets | 10,992,000 | 12,062,000 | 9,848,000 | 8,273,000 | 5,655,000 | 2,929,000 | -2,555,000 | 389,000 | 249,000 | 1,762,000 | 76,000 | 863,000 | -133,000 | -1,129,000 |
| total shareholders funds | 10,992,000 | 12,062,000 | 9,848,000 | 8,273,000 | 5,655,000 | 2,929,000 | -2,555,000 | 389,000 | 249,000 | 1,762,000 | 76,000 | 863,000 | -133,000 | -1,129,000 |
| 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 | ||||||||||||||
| Depreciation | 376,000 | 392,000 | 418,000 | 184,000 | 116,000 | 119,000 | 122,000 | 113,000 | 139,000 | 134,000 | 62,000 | 46,000 | 37,000 | 37,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | -3,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,000 |
| Debtors | 2,145,000 | 52,000 | -260,000 | -753,000 | 1,131,000 | 574,000 | 180,000 | -208,000 | 635,000 | -507,000 | 276,000 | 65,000 | -442,000 | 1,277,000 |
| Creditors | -142,000 | 28,000 | 4,000 | -68,000 | 74,000 | -254,000 | 186,000 | -210,000 | 65,000 | 197,000 | -39,000 | 49,000 | -120,000 | 485,000 |
| Accruals and Deferred Income | -325,000 | 18,000 | 71,000 | 597,000 | 213,000 | -182,000 | 112,000 | -27,000 | 51,000 | 3,000 | -149,000 | -94,000 | 22,000 | 943,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | -313,000 | 117,000 | 10,000 | -3,789,000 | -2,161,000 | -594,000 | -20,000 | -588,000 | -228,000 | -1,268,000 | -1,409,000 | -202,000 | -170,000 | -63,000 |
| Change in Investments | -181,000 | 353,000 | 1,251,000 | -478,000 | -459,000 | 359,000 | 504,000 | 380,000 | 234,000 | 1,432,000 | 260,000 | 129,000 | 173,000 | 3,196,000 |
| cash flow from investments | -132,000 | -236,000 | -1,241,000 | -3,311,000 | -1,702,000 | -953,000 | -524,000 | -968,000 | -462,000 | -2,700,000 | -1,669,000 | -331,000 | -343,000 | -3,259,000 |
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 11,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,000 | 1,000 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 218,000 | 242,000 | 222,000 | 0 | 0 |
| cash flow from financing | -627,000 | 1,621,000 | 391,000 | 1,007,000 | 317,000 | 842,000 | -2,558,000 | 621,000 | -1,718,000 | 2,104,000 | -1,811,000 | 1,095,000 | -1,146,000 | -1,316,000 |
| cash and cash equivalents | ||||||||||||||
| cash | -3,210,000 | 806,000 | 1,742,000 | -523,000 | 71,000 | 3,345,000 | -79,000 | -349,000 | -442,000 | 142,000 | -666,000 | 86,000 | 979,000 | 1,240,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -3,210,000 | 806,000 | 1,742,000 | -523,000 | 71,000 | 3,345,000 | -79,000 | -349,000 | -442,000 | 142,000 | -666,000 | 86,000 | 979,000 | 1,240,000 |
P&L
March 2023turnover
9.7m
+3%
operating profit
-633.7k
0%
gross margin
48.5%
-9.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
11m
-0.09%
total assets
21.2m
-0.07%
cash
3.1m
-0.51%
net assets
Total assets minus all liabilities
Similar Companies
halle concerts society company details
company number
00062753
Type
Private Ltd By Guarantee w/o Share Cap
industry
90030 - Artistic creation
incorporation date
January 1899
age
125
accounts
Group
ultimate parent company
previous names
N/A
incorporated
UK
address
the bridgewater hall, lower moseley street, manchester, m1 5ha, M2 3WS
last accounts submitted
March 2023
halle concerts society 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 halle concerts society.
halle concerts society Companies House Filings - See Documents
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