Company Overview
Cheltenham Festivals is listed at the official companies registry as Active Private Limited By Guarantee Without Share Capital. The company was incorporated on Wednesday 30 June 1948, so this is a well established company. Cheltenham Festivals has been in business for 77 years and 9 months. The accounts status is small and the accounts are next due on Wednesday 30 September 2026.
Registered Address

34 Imperial Square, Cheltenham, Gloucestershire, GL50 1QZ
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Companies House Data
Company NameCHELTENHAM FESTIVALS
Company Number00456573
Registered Office Address34 Imperial Square
 GL50 1QZ
Company CategoryPrivate Limited By Guarantee Without Share Capital
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date30/06/1948
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategorySMALL
Returns Next Due Date22/03/2017
Returns Last Made Up Date22/02/2016
Previous Company NameChanged Date
CHELTENHAM ARTS FESTIVALS LIMITED31 Jan 2006
Directors & Members
Show Resigned
Kiane Atanga - Director
(British, 29 years old, born September 1997)
Appointed 13 September 2024
Active
Lucy Carlton-Walker - Director
(British, 42 years old, born March 1984)
Appointed 28 September 2022
Active
Adrian Farnell - Director
(British, 65 years old, born July 1961)
Appointed 08 December 2021
Active
Secretaries
Show Resigned
Matthew Clayton - Secretary
Appointed 13 December 2017
Active
Other Company Directorships
Kiane Atanga
No companies found
Lucy Carlton-Walker
No companies found
Adrian Farnell
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2011 31-Dec-2010
Balance Sheet
Fixed Assets 180,313 180,313 479,693
Current Assets 1,057,827 1,057,827 755,676
Creditors Due Within One Year 948,299 948,299 573,880
Working Cap 109,528 109,528 181,796
Total Assets Less Current Liabilities 289,841 289,841 661,489
Long-term Liabilities 370,000 370,000 25,000
Net Assets -80,159 -80,159 636,489
Share Capital & Reserves
Share Cap 0 0 0
Profit & Loss Reserves 0 0 636,489
Other Reserves -80,159 -80,159 0
Shareholders Funds -80,159 -80,159 636,489
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2011 31-Dec-2010
Tangible Fixed Assets - - -
Fixed Assets 14.6% 14.6% 38.8%
Stocks Inventory 0.0% 0.0% 0.0%
Debtors 41.6% 41.6% 39.0%
Cash Bank In Hand 41.7% 41.7% 7.9%
Current Assets 85.4% 85.4% 61.2%
Creditors Due Within One Year 76.6% 76.6% 46.5%
Net Current Assets Liabilities 8.8% 8.8% 14.7%
Creditors Due After One Year 29.9% 29.9% 2.0%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability -6.5% -6.5% 51.5%
Called Up Share Capital 0.0% 0.0% 0.0%
Share Capital Allotted Called Up Paid 0.0% 0.0% 0.0%
Profit Loss Account Reserve 0.0% 0.0% 51.5%
Shareholder Funds -6.5% -6.5% 51.5%
Capital Employed - - -
Total Assets Less Current Liabilities 23.4% 23.4% 53.5%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2011 31-Dec-2010
Liquidity Ratio 1.1 1.1 1.3
Solvency Ratio 0.9 0.9 2.1
Reserves to Assets 0.0 0.0 0.5
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2011 31-Dec-2010
Assets 1,238,140 1,238,140 1,235,369
Debt 1,318,299 1,318,299 598,880
Net Assets/Debt -80,159 -80,159 636,489

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Termination of appointment of Peter Andreas Howarth as a director on 12 June 2025
Director's details changed for Mr Andrew John Williams on 21 March 2025
Director's details changed for Mr Jonathan Paul White on 21 March 2025
Director's details changed for Dr Deborah Cogan Thacker on 21 March 2025
Director's details changed for Mr Mark Philip-Sorensen on 21 March 2025
Director's details changed for Mrs Beverley Agatha Grimster on 21 March 2025
Director's details changed for Lucy Carlton-Walker on 21 March 2025
Confirmation statement made on 14 February 2025 with no updates
Appointment of Ms Lauren Stone as a director on 13 September 2024
Appointment of Ms Kiane Atanga as a director on 13 September 2024
Termination of appointment of Shamil Makhecha as a director on 22 March 2024
Confirmation statement made on 14 February 2024 with no updates
Termination of appointment of Caroline Hutton as a director on 13 December 2023
Confirmation statement made on 14 February 2023 with no updates
Appointment of Lucy Carlton-Walker as a director on 28 September 2022
Director's details changed for Mr Mark Philip Philip-Sorensen on 30 November 2022
Appointment of Mr Andrew John Williams as a director on 28 September 2022
Appointment of Mr Jonathan Paul White as a director on 28 September 2022
Termination of appointment of Diane Rebecca Wendy Hill as a director on 28 September 2022
Resolutions
Memorandum and Articles of Association

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