Sands Heritage Ltd
Registered name: SANDS HERITAGE LTD
Part of Live Nation Entertainment, Inc. groupSands Heritage Ltd made a £1m loss in the year to 31 Dec 2024 (revenue not disclosed).
Sands Heritage Ltd reported a loss of £1m in the year to 31 Dec 2024; its revenue was not disclosed. It had 65 employees. The company is classified under “activities of amusement parks and theme parks” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 12 yrs · since 2014
- 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. From the filing: “At the balance sheet date, the immediate parent company is LN-Gaiety Holdings Limited, a company registered in England, with a registered office at 30 St. John Street, London, England, EC1M 4AY.”
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 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|---|
| Disclosure | Profit & loss | Profit & loss | Profit & lossread from filing text | Profit only |
| Profit & loss | ||||
| Revenue (turnover) | £1.1m | £2.4m | £3.1m | — |
| Cost of sales | £464k | £541k | £1.1m | — |
| Gross profit | £666k | £1.8m | £2m | — |
| Operating profit | £1.7m | £3.4m | −£1.4m | — |
| Profit before tax | −£1.7m | −£3.4m | −£1.4m | — |
| Profit after tax | −£1.7m | −£3.4m | −£1.4m | −£1m |
| Profit (best available) | −£1.7m | −£3.4m | −£1.4m | −£1m |
| Staff costs | £672k | £947k | £1.4m | — |
| Employees (average) | 53 | 52 | 61 | 65 |
| Ratios | ||||
| Profit margin | −153.9% | −143.5% | −44.1% | — |
| Gross margin | 58.9% | 77% | 64.9% | — |
| Revenue per employee | £21.3k | £45.3k | £50.5k | — |
| Profit per employee | −£32.8k | −£65k | −£22.3k | −£15.5k |
| Cash conversion | −51.7% | 46.9% | — | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▲108.5% | ▲30.9% | — |
| Headcount growth | — | ▼1.9% | ▲17.3% | ▲6.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.8m | £194k | £209k | £638k |
| Net assets | £9.6m | £6.2m | £3.1m | £2.1m |
| Fixed assets | £8.9m | £6.3m | £4m | £3.8m |
| Current assets | £2.5m | £1m | £735k | £843k |
| Debtors | £294k | £206k | £164k | £113k |
| Deferred income | £88.6k | £412k | £586k | — |
| Cash from operations | −£897k | £1.6m | — | — |
| Source | Accounts · bulk data Feb 2024 | Accounts · bulk data Feb 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Oct 2025 |
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
- −£15.5k
- 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
- ▼32%
- Now £2.1m
- Cash at bank
- ▲205%
- Now £638k
- Headcount
- ▲7%
- Now 65
- Deferred income
- —
- Now —
- Fixed assets
- ▼4%
- Now £3.8m
Group structure
Ownership chain
- Live Nation Entertainment, Inc. (registered outside the UK register)ultimate parent75–100%
- Live Nation Limited75–100%
- Midland Concert Promotions Group Limited75–100%
- Live Nation (Music) UK Limited50–75%
- Lyv Gaiety Limited75–100%
- LN-Gaiety Holdings Limited75–100%
- Sands Heritage Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (3)
- Academy Music Holdings LtdFigures not disclosed
- Lollibop Festival LimitedFigures not disclosed
- West Coast Venue Co LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£1m), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.