Company Number: SC708807

Analysis Date: 2025-07-29 13:44 UTC

1. Industry Classification

November Events Limited operates primarily under SIC code 70229, which corresponds to "Management consultancy activities other than financial management." This sector typically involves providing specialist advice and support services to businesses and organisations to improve their performance, strategy, and operations, excluding financial management consultancy. Key characteristics of this sector include a high reliance on intellectual capital, project-based engagements, and a relatively low capital intensity compared to manufacturing or retail sectors.

2. Relative Performance

As a private limited company incorporated in 2021 and classified within the small companies regime, November Events Limited demonstrates a modest but stable financial position. The latest financial year ending September 2023 shows net assets of £45,658 and cash reserves of £87,777, with current liabilities at £42,119. Compared to typical benchmarks in the UK management consultancy sector, which often features firms with larger turnovers and asset bases, November Events Limited is a micro to small-scale player. The company maintains a positive net asset position and has generated retained earnings, though these have decreased from £83,992 in 2022 to £45,558 in 2023, indicating some contraction or increased distributions.

3. Sector Trends Impact

The management consultancy sector in the UK has experienced evolving dynamics including digital transformation demand, increased emphasis on sustainability consulting, and post-pandemic shifts to hybrid working models. Firms providing agile, technology-enabled consultancy services have seen growth, while smaller consultancies face pressure to differentiate and scale. November Events Limited’s focus on event management consultancy (implied by the company name and revenue recognition from event entry sales) may be influenced by the recovery of the live events sector after COVID-19 restrictions. The sector trend towards virtual/hybrid events and demand for experiential engagement could create both opportunities and competitive challenges for the company.

4. Competitive Positioning

Strengths of November Events Limited include a lean organizational structure with only one employee (the director), which aligns with flexibility and low overhead costs typical for niche consultancies. The company also reports dividend payments, indicating some profitability and shareholder returns. However, the decline in net assets and cash year-on-year suggests pressures either on revenue or increased dividends, which could constrain reinvestment capacity. Compared to typical competitors, especially mid-sized consultancies with diversified service offerings and larger client bases, November Events operates in a niche segment with limited scale. The control by Play Media Limited and a single individual (Mr Jamie Glass) suggests focused governance but may limit capital access and growth potential.