ETC VENUES PARENT HOLDINGS LTD

PROSPERO HOUSE, 241 BOROUGH HIGH STREET, LONDON, SE1 1GA

Company Number: 08283506
Incorporation date: 06-Nov-2012
Status: Active
Entity type: Private Limited Company

SIC codes:
68202 Letting and operating of conference and exhibition centres

SUMMARY

This company is 11.5 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 5.8 million which has increased from GBP 5.7 million in the previous year. The company has 4 active officers (directors or partners) who are or were officers of 10 other companies. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.

FINANCIALS (BETA)

Next accounts due: 30-Sep-2024
Accounts Filed: FULL (31-Dec-2022)

P&L Financials:

Year end	Currency	Revenue	Operating profit	Interest Received	Interest Paid	Tax	Net Profit GBP
31-Dec-2019	GBP		6,492,500
31-Dec-2018	GBP		31,005,898				31,019,650
30-Jun-2017	GBP	1	4	7,471	3	7	5,308,038
30-Jun-2016	GBP	42,829,086	3	9,664	2	6	4,419,924
30-Jun-2015	GBP	36,713,123	7,222,216	14,899	2,302,562	1,323,569	3,610,984
30-Jun-2014	GBP	1	3	11,457	2	6	1,963,680
26-Sep-2013	GBP	25,241,841	4,090,833

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Current Liabilities	Debt	Share Capital	Retained Earnings	Net Assets
31-Dec-2019	GBP			29,219,450	13,752	980,000	4,223,917	5,794,301
31-Dec-2018	GBP				13,752	980,000	4,244,561	5,651,801
30-Jun-2017	GBP		3,925,639	3,720,732		980,000	-775,089	204,911
30-Jun-2016	GBP	6,074,761	15,850,962	13,433,574	24,159,791	980,000	9,440,678	13,025,247
30-Jun-2015	GBP	8,755,956	18,439,955	14,563,300	26,195,403	980,000	5,518,493	6,353,062
30-Jun-2014	GBP		3,925,639	351,751	2,945,643	980,000	-351,751	628,249
26-Sep-2013	GBP	4,441,244	11,464,611	9,079,804	27,477,848	980,000	-56,171	770,099

VALUATION EVENTS (BETA)

Year end	Currency	% Equity	Sum raised	Pre-Money Valuation*	Post-Money Valuation*	Enterprise Value**

Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All apointments (active/resigned)
Resigned	Paul Andrew KEEN	06 Nov 2012	04 Dec 2018			0 - 1

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Simon David LEE	06 Apr 2024		Director	British	7 - 4	1 (9.1%)
Active	Charles Alan BENTLEY	01 Sep 2023		Chief Financial Officer	American	7 - 0	0 (0.0%)
Resigned	Amy POOSER	01 Jun 2023	08 Dec 2023	Chief Operating Officer And President	American	4 - 4	0 (0.0%)
Active	Ryan William SIMONETTI	31 Jan 2023		Director	American	7 - 0	0 (0.0%)
Active	Edward Philip ETHELSTON	02 Dec 2019		Chartered Accountant	British	1 - 2	0 (0.0%)
Resigned	Nicholas David Shorter HOARE	02 Dec 2019	05 Jun 2023	Company Director	British	2 - 8	0 (0.0%)
Resigned	Edward Philip ETHELSTON	02 Dec 2019	01 Jun 2023	Chartered Accountant	British	0 - 2	0 (0.0%)
Resigned	Alex Carlos CABANAS	01 Jun 2018	31 Jan 2023	Director	American	0 - 7	0 (0.0%)
Resigned	Michael James BLAKE	29 Nov 2012	01 Jun 2018	None	British	12 - 11	4 (17.4%)
Resigned	OVAL NOMINEES LIMITED	06 Nov 2012	06 Nov 2012			0 - 725	168 (23.2%)
Resigned	Alastair John Ivan Souther STEWART	06 Nov 2012	31 Jan 2023	Director	British	2 - 11	3 (23.1%)
Resigned	Paul Andrew KEEN	06 Nov 2012	04 Dec 2018	Director	British	2 - 21	6 (26.1%)

Number of active directors: 4
Average tenure of active directors: 1.6 years
Average tenure of resigned directors: 4.3 years
Average active director Dissolution Rate: 2.3%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Simon David LEE	Charles Alan BENTLEY	Ryan William SIMONETTI	Edward Philip ETHELSTON
ETC VENUES LIMITED (02717522) - Active	✔	✔	✔	✔
DIAMOND RESORTS (GROUP HOLDINGS) LIMITED (02827298) - Active	✔
DIAMOND RESORTS EUROPEAN COLLECTION LIMITED (02930567) - Active	✔
ETC VENUES ESOP TRUSTEE LIMITED (05803412) - Active			✔
UPTONWAY LIMITED (05992389) - Dissolved	✔
ETC VENUES PARENT HOLDINGS LTD (08283506) - Active	✔	✔	✔	✔
ETC.VENUES NEWCO LIMITED (11317044) - Active	✔	✔	✔
ETC.VENUES BIDCO LIMITED (11376270) - Active	✔	✔	✔	✔
ETC. VENUES POOLCO LIMITED (11384208) - Active	✔	✔	✔
CONVENE UK HOLDINGS LIMITED (11598482) - Active	✔	✔
22 BISHOPSGATE LOCATION LIMITED (11914653) - Active	✔	✔	✔

SHAREHOLDERS (BETA)

Shareholder name	Share class	Shares at confirmation date
Shareholder name	Share class	2018-11-06	2016-11-06	2015-11-06	2014-11-06	2013-11-06
ETC VENUES BIDCO LTD	A ORDINARY	620,000 31.6%	0 0%	0 0%	0 0%	0 0%
ETC VENUES BIDCO LTD	A ORDINARY	620,000 31.6%	0 0%	0 0%	0 0%	0 0%
ETC VENUES BIDCO LTD	ORDINARY	165,000 8.42%	0 0%	0 0%	0 0%	0 0%
ETC VENUES BIDCO LTD	ORDINARY	165,000 8.42%	0 0%	0 0%	0 0%	0 0%
ETC VENUES BIDCO LTD	B ORDINARY	160,000 8.16%	0 0%	0 0%	0 0%	0 0%
ETC VENUES BIDCO LTD	B ORDINARY	160,000 8.16%	0 0%	0 0%	0 0%	0 0%
ETC VENUES BIDCO LTD	C ORDINARY	35,000 1.79%	0 0%	0 0%	0 0%	0 0%
ETC VENUES BIDCO LTD	C ORDINARY	35,000 1.79%	0 0%	0 0%	0 0%	0 0%
GROWTH CAPITAL PARTNERS NOMINEES LTD	A ORDINARY	0 0%	620,000 31.6%	620,000 31.6%	620,000 31.6%	620,000 31.6%
GROWTH CAPITAL PARTNERS NOMINEES LTD	A ORDINARY	0 0%	620,000 31.6%	620,000 31.6%	620,000 31.6%	620,000 31.6%
ALASTAIR STEWART	B ORDINARY	0 0%	118,000 6.02%	118,000 6.02%	118,000 6.02%	118,000 6.02%
ALASTAIR STEWART	B ORDINARY	0 0%	118,000 6.02%	118,000 6.02%	118,000 6.02%	118,000 6.02%
ALASTAIR STEWART	ORDINARY	0 0%	113,900 5.81%	113,900 5.81%	113,900 5.81%	113,900 5.81%
ALASTAIR STEWART	ORDINARY	0 0%	113,900 5.81%	113,900 5.81%	113,900 5.81%	113,900 5.81%
PAUL KEEN	ORDINARY	0 0%	44,399 2.27%	44,399 2.27%	44,399 2.27%	44,399 2.27%
PAUL KEEN	ORDINARY	0 0%	44,399 2.27%	44,399 2.27%	44,399 2.27%	44,399 2.27%
PAUL KEEN	B ORDINARY	0 0%	42,000 2.14%	42,000 2.14%	42,000 2.14%	42,000 2.14%
PAUL KEEN	B ORDINARY	0 0%	42,000 2.14%	42,000 2.14%	42,000 2.14%	42,000 2.14%
MARGARETHA WELSFORD	C ORDINARY	0 0%	9,000 0.459%	9,000 0.459%	9,000 0.459%	0 0%
MARGARETHA WELSFORD	C ORDINARY	0 0%	9,000 0.459%	9,000 0.459%	9,000 0.459%	0 0%
ETC VENUES ESOP TRUSTEE LTD	ORDINARY	0 0%	6,700 0.342%	6,700 0.342%	6,700 0.342%	41,700 2.13%
ETC VENUES ESOP TRUSTEE LTD	ORDINARY	0 0%	6,700 0.342%	6,700 0.342%	6,700 0.342%	41,700 2.13%
IAIN DIX	C ORDINARY	0 0%	6,000 0.306%	0 0%	0 0%	0 0%
GUY BOOTH	C ORDINARY	0 0%	6,000 0.306%	6,000 0.306%	6,000 0.306%	0 0%
GUY BOOTH	C ORDINARY	0 0%	6,000 0.306%	6,000 0.306%	6,000 0.306%	0 0%
DOMINIC JAMES	C ORDINARY	0 0%	6,000 0.306%	6,000 0.306%	6,000 0.306%	0 0%
IAIN DIX	C ORDINARY	0 0%	6,000 0.306%	0 0%	0 0%	0 0%
DOMINIC JAMES	C ORDINARY	0 0%	6,000 0.306%	6,000 0.306%	6,000 0.306%	0 0%
ETC VENUES ESOP TRUSTEE LTD	C ORDINARY	0 0%	4,000 0.204%	0 0%	0 0%	0 0%
ETC VENUES ESOP TRUSTEE LTD	C ORDINARY	0 0%	4,000 0.204%	0 0%	0 0%	0 0%
REBECCA FARSON	C ORDINARY	0 0%	2,000 0.102%	2,000 0.102%	2,000 0.102%	0 0%
FRANCK ROSELLO	C ORDINARY	0 0%	2,000 0.102%	2,000 0.102%	2,000 0.102%	0 0%
REBECCA FARSON	C ORDINARY	0 0%	2,000 0.102%	2,000 0.102%	2,000 0.102%	0 0%
FRANCK ROSELLO	C ORDINARY	0 0%	2,000 0.102%	2,000 0.102%	2,000 0.102%	0 0%
PAUL KEEN	ORDINARY	0 0%	1 0.000%	1 0.000%	1 0.000%	1 0.000%
PAUL KEEN	ORDINARY	0 0%	1 0.000%	1 0.000%	1 0.000%	1 0.000%
TAIN DIX	C ORDINARY	0 0%	0 0%	6,000 0.306%	6,000 0.306%	0 0%
TAIN DIX	C ORDINARY	0 0%	0 0%	6,000 0.306%	6,000 0.306%	0 0%
SARAH GORE-CLOUGH	C ORDINARY	0 0%	0 0%	2,000 0.102%	2,000 0.102%	0 0%
JOHN BRANIGAN	C ORDINARY	0 0%	0 0%	2,000 0.102%	2,000 0.102%	0 0%
JOHN BRANIGAN	C ORDINARY	0 0%	0 0%	2,000 0.102%	2,000 0.102%	0 0%
SARAH GORE-CLOUGH	C ORDINARY	0 0%	0 0%	2,000 0.102%	2,000 0.102%	0 0%

SHAREHOLDINGS (BETA)

Company name	Share class	Shares at confimation date
Company name	Share class	2015-11-06	2014-11-06	2013-11-06
ETC VENUES PARENT HOLDINGS LTD	ORDINARY	3 37.5%	3 37.5%	3 37.5%
ETC VENUES PARENT HOLDINGS LTD	ORDINARY	3 37.5%	3 37.5%	3 37.5%
ETC VENUES PARENT HOLDINGS LTD	ORDINARY	1 12.5%	1 12.5%	1 12.5%
ETC VENUES PARENT HOLDINGS LTD	ORDINARY	1 12.5%	1 12.5%	1 12.5%

CONTROLLED COMPANIES / CONTROLLING ENTITIES

- >75%:Etc.Venues Newco Limited (11317044 - United Kingdom) active
>75%:Etc.Venues Bidco Limited (11376270 - United Kingdom) active
- - 25-50%:Mr Garrett John Curran - active
    25-50%:Mr Michael James Blake - active
    >75%:Growth Capital Partners Llp (Oc340854 - United Kingdom) active
  >75%:Gcp Member Limited (03884890 - United Kingdom) active
Significant influence or control:Growth Capital Partners Gp Limited (Sc377348 - United Kingdom) ceased
- 25-50%:Mr Garrett John Curran - active
- 25-50%:Mr Michael James Blake - active
50%-75%:Growth Capital Partners Llp (Oc340854 - United Kingdom) ceased

Controlling entities above

ETC VENUES PARENT HOLDINGS LTD

Controlled companies below

>75%:ETC VENUES (HOLDINGS) LTD (08283609 - UK) active
- >75%:ETC VENUES GROUP LIMITED (05757544 - UK) active
  - >75%:ETC VENUES LIMITED (02717522 - UK) ceased
  - >75%:ETC VENUES ESOP TRUSTEE LIMITED (05803412 - UK) ceased
- >75%:ETC VENUES LIMITED (02717522 - UK) ceased
- >75%:ETC VENUES ESOP TRUSTEE LIMITED (05803412 - UK) ceased
>75%:ETC VENUES LIMITED (02717522 - UK) active
>75%:ETC VENUES ESOP TRUSTEE LIMITED (05803412 - UK) active

LATE PAYMENTS REPORT

Start date	End date	Average days to pay	% invoices paid over 60 days	% invoices not paid within agreed terms	Gov.uk report
2022-07-01	2022-12-31	37	6%	11%	65653
2021-07-01	2021-12-31		%	%	54894
2021-01-01	2021-06-30		%	%	45661
2020-07-01	2020-12-31		%	%	41861
2020-01-01	2020-06-30		%	%	37015
2019-07-01	2019-12-31		%	%	25510
2019-01-01	2019-06-30	40	4%	15%	19156
2018-07-01	2018-12-31	39	4%	15%	10753
2018-01-01	2018-06-30	41	6%	20%	2708
2017-07-01	2017-12-31	41	5%	25%	346

COURT CASES

No Court Cases found

PATENTS

No Patents found

COMPETITORS

(Based on Sic code: 68202 Letting and operating of conference and exhibition centres)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes
ETC VENUES LIMITED	PROSPERO HOUSE, 241 BOROUGH HIGH STREET, LONDON, SE1 1GA	02717522	2017-06-30	46,056,569	7,023,402
ETC VENUES PARENT HOLDINGS LTD	PROSPERO HOUSE, 241 BOROUGH HIGH STREET, LONDON, SE1 1GA	08283506	2017-06-30	46,056,569	5,308,038
KINGS HOUSE MANAGEMENT (UK) LIMITED	RAMILLIES HOUSE, 2 RAMILLIES STREET, LONDON, W1F 7LN	06074175	2017-12-31	1,016,882	0	68320-Management of real estate on a fee or contract basis 73200-Market research and public opinion polling
D & R INVESTMENTS LIMITED	54 HOLLYHEDGE ROAD, BIRMINGHAM, WEST MIDLANDS, B71 3AB	08469816	2018-03-31	86,023	0
SWAFFHAM PHOENIX LIMITED	2 ADMIRALS COURT, SWAFFHAM, NORFOLK, PE37 7TE	08553020	2018-06-30	2,640	0
ETC VENUES GROUP LIMITED	PROSPERO HOUSE, 241 BOROUGH HIGH STREET, LONDON, SE1 1GA	05757544	2017-06-30	0	-1,510
ETC VENUES (HOLDINGS) LTD	PROSPERO HOUSE, 241 BOROUGH HIGH STREET, LONDON, SE1 1GA	08283609	2017-06-30	0	-717,217
JAIDAN HOMES LIMITED	COMMUNICATIONS HOUSE, COMPTON ROAD, WOLVERHAMPTON, ENGLAND, WV3 9PH	10442314	0000-00-00	0	0
KIVETON PARK AND WALES VILLAGE HALL	. WALESMOOR AVENUE, KIVETON PARK, SHEFFIELD, SOUTH YORKSHIRE, S26 5RG	06212268	0000-00-00	0	0

LIQUIDATION RISK (BETA)

This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:

Basis	Liquidation within 3 months	Liquidation within 6 months	Liquidation within 12 months	Prediction confidence
ETC VENUES PARENT HOLDINGS LTD	0.7%	3.6%	7.1%	Medium
Other companies Active in the same sector	Too few competitors


Age	0.4%	1.7%	3.3%	Medium
Company Type	0.7%	3.7%	7.4%	Medium
Accounts category	0.7%	2.2%	3.8%	Medium
Accounting Month	0.6%	2.4%	5.5%	Medium
Sic code count	0.7%	3.5%	7.0%	Medium