Y Not Festivals UK Limited
Registered name: Y NOT FESTIVALS UK LIMITED
Part of Superstruct Entertainment Limited groupY Not Festivals UK Limited made a £257k loss in the year to 31 Dec 2023 (revenue not disclosed).
Y Not Festivals UK Limited reported a loss of £257k in the year to 31 Dec 2023; its revenue was not disclosed. It had 9 employees. The company is classified under “activities of exhibition and fair organisers” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 13 yrs · since 2012
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|
| Disclosure | Profit only | Profit only |
| Profit & loss | ||
| Revenue (turnover) | — | — |
| Profit after tax | −£126k | −£257k |
| Profit (best available) | −£126k | −£257k |
| Employees (average) | 17 | 9 |
| Ratios | ||
| Profit margin | — | — |
| Profit per employee | −£7.4k | −£28.6k |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £91.5k | £318k |
| Net assets | −£471k | −£728k |
| Fixed assets | £482k | £329k |
| Current assets | £583k | £725k |
| Debtors | £476k | £332k |
| Deferred income | £754k | £1m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- −£28.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now −£728k
- Cash at bank
- —
- Now £318k
- Headcount
- —
- Now 9
- Deferred income
- —
- Now £1m
- Fixed assets
- —
- Now £329k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Superstruct Entertainment Limitedultimate parent75–100%
- Superstruct UK Festivals Ltd75–100%
- Y Not Festivals UK Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (17)
- Boardmasters LimitedFigures not disclosed
- Boiler Room (UK) LimitedFigures not disclosed
- Discover the Bluedot LimitedFigures not disclosed
- From the Fields LtdFigures not disclosed
- Lakeside Creatives LimitedFigures not disclosed
- Lock 'N' Load Events LimitedFigures not disclosed
- Lost Ventures LimitedFigures not disclosed
- Moving Music LimitedFigures not disclosed
- MR November LimitedRev. — · Profit £419k
- Summer Events LtdFigures not disclosed
- The Hideout Festival LLPFigures not disclosed
- Tramlines Events LimitedFigures not disclosed
- Truck Festivals UK LimitedFigures not disclosed
- Victorious Festivals LimitedFigures not disclosed
- Vision Nine Holdings LimitedFigures not disclosed
- Waxarch Holdings LimitedRev. — · Profit £428k
- X the Tracks LtdRev. — · Profit £186k
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Iet Conventions LimitedLondon · Activities of exhibition and fair organisers
- Revenue
- £3.4m
- Profit
- £3.4m
- Staff
- —
- Angus Montgomery LimitedActivities of exhibition and fair organisers
- Revenue
- £37.4m
- Profit
- £3.2m
- Staff
- —
- Full Circle Events & Exhibitions LimitedSalford · Activities of exhibition and fair organisers
- Revenue
- £25.3m
- Profit
- £2.4m
- Staff
- 93
- Ei Services LimitedLondon · Activities of exhibition and fair organisers
- Revenue
- £620k
- Profit
- £495k
- Staff
- —
- Montgomery Events LimitedLondon · Activities of exhibition and fair organisers
- Revenue
- £14.7m
- Profit
- £452k
- Staff
- 47
- Ma Exhibitions LimitedLondon · Activities of exhibition and fair organisers
- Revenue
- £15.8m
- Profit
- £330k
- Staff
- 75
Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£257k), from the Companies House accounts bulk data published Sep 2024. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.