incorporated bishop's stortford college association(the)
incorporated bishop's stortford college association(the) Company Information
Company Number
00081130
Next Accounts
Apr 2025
Industry
General secondary education
Primary education
Shareholders
college governors trust
pauline mullender
View AllGroup Structure
View All
Contact
Registered Address
school house maze green road, bishop's stortford, CM23 2PQ
incorporated bishop's stortford college association(the) Estimated Valuation
Pomanda estimates the enterprise value of INCORPORATED BISHOP'S STORTFORD COLLEGE ASSOCIATION(THE) at £30.3m based on a Turnover of £25.8m and 1.17x industry multiple (adjusted for size and gross margin).
incorporated bishop's stortford college association(the) Estimated Valuation
Pomanda estimates the enterprise value of INCORPORATED BISHOP'S STORTFORD COLLEGE ASSOCIATION(THE) at £0 based on an EBITDA of £-86.4k and a 6.52x industry multiple (adjusted for size and gross margin).
incorporated bishop's stortford college association(the) Estimated Valuation
Pomanda estimates the enterprise value of INCORPORATED BISHOP'S STORTFORD COLLEGE ASSOCIATION(THE) at £95.1m based on Net Assets of £41.7m and 2.28x industry multiple (adjusted for liquidity).
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Incorporated Bishop's Stortford College Association(the) Overview
Incorporated Bishop's Stortford College Association(the) is a live company located in bishop's stortford, CM23 2PQ with a Companies House number of 00081130. It operates in the primary education sector, SIC Code 85200. Founded in June 1904, it's largest shareholder is college governors trust with a 98.2% stake. Incorporated Bishop's Stortford College Association(the) is a mature, large sized company, Pomanda has estimated its turnover at £25.8m with healthy growth in recent years.
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Incorporated Bishop's Stortford College Association(the) Health Check
Pomanda's financial health check has awarded Incorporated Bishop'S Stortford College Association(The) a 3 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
5 Weak
Size
annual sales of £25.8m, make it larger than the average company (£5.7m)
£25.8m - Incorporated Bishop's Stortford College Association(the)
£5.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (4.7%)
6% - Incorporated Bishop's Stortford College Association(the)
4.7% - Industry AVG
Production
with a gross margin of 50.4%, this company has a comparable cost of product (50.4%)
50.4% - Incorporated Bishop's Stortford College Association(the)
50.4% - Industry AVG
Profitability
an operating margin of -6.1% make it less profitable than the average company (6.3%)
-6.1% - Incorporated Bishop's Stortford College Association(the)
6.3% - Industry AVG
Employees
with 821 employees, this is above the industry average (111)
821 - Incorporated Bishop's Stortford College Association(the)
111 - Industry AVG
Pay Structure
on an average salary of £17.8k, the company has a lower pay structure (£36.9k)
£17.8k - Incorporated Bishop's Stortford College Association(the)
£36.9k - Industry AVG
Efficiency
resulting in sales per employee of £31.5k, this is less efficient (£50.2k)
£31.5k - Incorporated Bishop's Stortford College Association(the)
£50.2k - Industry AVG
Debtor Days
it gets paid by customers after 15 days, this is later than average (1 days)
15 days - Incorporated Bishop's Stortford College Association(the)
1 days - Industry AVG
Creditor Days
its suppliers are paid after 164 days, this is slower than average (18 days)
164 days - Incorporated Bishop's Stortford College Association(the)
18 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Incorporated Bishop's Stortford College Association(the)
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 27 weeks, this is less cash available to meet short term requirements (101 weeks)
27 weeks - Incorporated Bishop's Stortford College Association(the)
101 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 15.9%, this is a higher level of debt than the average (12.4%)
15.9% - Incorporated Bishop's Stortford College Association(the)
12.4% - Industry AVG
INCORPORATED BISHOP'S STORTFORD COLLEGE ASSOCIATION(THE) financials
Incorporated Bishop'S Stortford College Association(The)'s latest turnover from July 2023 is £25.8 million and the company has net assets of £41.7 million. According to their latest financial statements, Incorporated Bishop'S Stortford College Association(The) has 821 employees and maintains cash reserves of £3.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 25,841,000 | 22,880,000 | 20,969,000 | 21,489,000 | 22,240,000 | 20,621,000 | 21,573,000 | 18,221,000 | 17,035,000 | 15,955,000 | 15,352,000 | 14,723,000 | 14,320,357 | 13,405,922 | 12,230,135 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 62,000 | 0 | 0 | 0 | 0 | 0 | 2,000 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -1,358,000 | 483,000 | 1,559,000 | 2,900,000 | 3,665,000 | 2,148,000 | 3,932,000 | 1,263,000 | 1,308,000 | 762,000 | 727,000 | 797,000 | 1,552,379 | 275,612 | 11,734 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -1,358,000 | 483,000 | 1,559,000 | 2,900,000 | 3,665,000 | 2,148,000 | 3,932,000 | 1,263,000 | 1,308,000 | 762,000 | 727,000 | 797,000 | 1,552,379 | 275,612 | 11,734 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -1,358,000 | 483,000 | 1,559,000 | 2,900,000 | 3,665,000 | 2,148,000 | 3,932,000 | 1,263,000 | 1,308,000 | 762,000 | 727,000 | 797,000 | 1,552,379 | 275,612 | 11,734 |
| Employee Costs | 14,623,000 | 13,051,000 | 12,778,000 | 12,780,000 | 11,955,000 | 11,803,000 | 11,392,000 | 10,802,000 | 10,163,000 | 9,635,000 | 9,338,000 | 9,097,000 | 8,103,163 | 8,412,015 | 7,946,146 |
| Number Of Employees | 821 | 238 | 242 | 251 | 316 | 310 | 306 | 248 | 245 | 239 | 237 | 235 | 225 | 224 | 218 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 38,410,000 | 39,321,000 | 39,648,000 | 37,089,000 | 35,277,000 | 35,287,000 | 31,991,000 | 19,713,000 | 17,201,000 | 16,900,000 | 15,405,000 | 13,555,000 | 13,598,914 | 14,146,203 | 14,578,610 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 6,978,000 | 7,101,000 | 5,298,000 | 4,917,000 | 5,336,000 | 5,744,000 | 6,201,000 | 6,326,000 | 5,699,000 | 5,674,000 | 5,556,000 | 5,153,000 | 3,219,654 | 3,114,148 | 3,084,652 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 45,388,000 | 46,422,000 | 44,946,000 | 42,006,000 | 40,613,000 | 41,031,000 | 38,192,000 | 26,039,000 | 22,900,000 | 22,574,000 | 20,961,000 | 18,708,000 | 16,818,568 | 17,260,351 | 17,663,262 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,123,000 | 1,087,000 | 256,000 | 54,000 | 248,000 | 330,000 | 235,000 | 338,000 | 310,000 | 347,000 | 262,000 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16,000 | 18,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 415,000 | 676,000 | 560,000 | 423,000 | 481,000 | 561,000 | 304,000 | 289,000 | 321,000 | 643,000 | 639,797 | 544,252 | 420,702 |
| Cash | 3,065,000 | 5,512,000 | 4,450,000 | 5,913,000 | 6,045,000 | 87,000 | 3,012,000 | 9,480,000 | 9,490,000 | 7,980,000 | 6,697,000 | 8,122,000 | 6,748,393 | 5,127,477 | 3,664,652 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,188,000 | 6,599,000 | 5,121,000 | 6,643,000 | 6,853,000 | 840,000 | 3,728,000 | 10,395,000 | 10,122,000 | 8,616,000 | 7,280,000 | 8,765,000 | 7,388,190 | 5,671,729 | 4,085,354 |
| total assets | 49,576,000 | 53,021,000 | 50,067,000 | 48,649,000 | 47,466,000 | 41,871,000 | 41,920,000 | 36,434,000 | 33,022,000 | 31,190,000 | 28,241,000 | 27,473,000 | 24,206,758 | 22,932,080 | 21,748,616 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 195,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50,000 | 50,000 | 50,000 |
| Trade Creditors | 5,787,000 | 6,453,000 | 446,000 | 234,000 | 580,000 | 633,000 | 2,388,000 | 690,000 | 419,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 966,000 | 277,000 | 281,000 | 0 | 499,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 74,000 | 72,000 | 70,000 | 68,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 4,481,000 | 4,949,000 | 4,461,000 | 3,838,000 | 3,642,000 | 4,254,000 | 2,506,000 | 3,338,000 | 2,286,000 | 2,262,000 | 1,860,052 | 2,775,612 | 2,051,761 |
| total current liabilities | 5,787,000 | 6,453,000 | 4,927,000 | 5,183,000 | 6,007,000 | 5,017,000 | 6,383,000 | 5,014,000 | 3,492,000 | 3,338,000 | 2,286,000 | 2,262,000 | 1,910,052 | 2,825,612 | 2,101,761 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 228,000 | 0 | 0 | 0 | 0 | 50,000 | 100,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 74,000 | 146,000 | 216,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 2,046,000 | 3,333,000 | 3,396,000 | 3,672,000 | 4,140,000 | 4,969,000 | 5,866,000 | 5,826,000 | 5,577,000 | 5,219,000 | 4,202,000 | 4,469,000 | 3,912,844 | 3,330,491 | 3,125,986 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,116,000 | 3,418,000 | 3,506,000 | 3,772,000 | 4,246,000 | 5,050,000 | 6,029,000 | 6,067,000 | 6,067,000 | 5,219,000 | 4,202,000 | 4,469,000 | 3,912,844 | 3,380,491 | 3,225,986 |
| total liabilities | 7,903,000 | 9,871,000 | 8,433,000 | 8,955,000 | 10,253,000 | 10,067,000 | 12,412,000 | 11,081,000 | 9,559,000 | 8,557,000 | 6,488,000 | 6,731,000 | 5,822,896 | 6,206,103 | 5,327,747 |
| net assets | 41,673,000 | 43,150,000 | 41,634,000 | 39,694,000 | 37,213,000 | 31,804,000 | 29,508,000 | 25,353,000 | 23,463,000 | 22,633,000 | 21,753,000 | 20,742,000 | 18,383,862 | 16,725,977 | 16,420,869 |
| total shareholders funds | 41,673,000 | 43,150,000 | 41,634,000 | 39,694,000 | 37,213,000 | 31,804,000 | 29,508,000 | 25,353,000 | 23,463,000 | 22,633,000 | 21,753,000 | 20,742,000 | 18,383,862 | 16,725,977 | 16,420,869 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 1,486,000 | 1,349,000 | 1,554,000 | 1,510,000 | 1,374,000 | 1,412,000 | 1,170,000 | 1,222,000 | 987,000 | 811,000 | 738,000 | 757,091,000 | 763,799 | 801,619 | 811,829 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 36,000 | 416,000 | -59,000 | -78,000 | 55,000 | 37,000 | -199,000 | 283,000 | -4,000 | 53,000 | -60,000 | 3,203 | 95,545 | 123,550 | 420,702 |
| Creditors | -666,000 | 6,007,000 | 212,000 | -346,000 | -53,000 | -1,755,000 | 1,698,000 | 271,000 | 419,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | -4,481,000 | -468,000 | 488,000 | 623,000 | 196,000 | -612,000 | 1,748,000 | -832,000 | 1,052,000 | 24,000 | 401,948 | -915,560 | 723,851 | 2,051,761 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | 0 | -3,322,000 | 788,000 | -4,103,000 | -13,448,000 | -3,734,000 | -1,448,000 | -2,306,000 | -2,708,000 | -1,084,000 | -216,510 | -369,212 | -1,460,183 |
| Change in Investments | -123,000 | 1,803,000 | 381,000 | -419,000 | -408,000 | -457,000 | -125,000 | 627,000 | 25,000 | 118,000 | 403,000 | 1,933,346 | 105,506 | 29,496 | 3,084,652 |
| cash flow from investments | 123,000 | -1,803,000 | -381,000 | -2,903,000 | 1,196,000 | -3,646,000 | -13,323,000 | -4,361,000 | -1,473,000 | -2,424,000 | -3,111,000 | -3,017,346 | -322,016 | -398,708 | -4,544,835 |
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -50,000 | 0 | 0 | 50,000 |
| Group/Directors Accounts | 0 | 0 | 0 | -966,000 | 689,000 | -4,000 | 281,000 | -499,000 | 499,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -228,000 | 228,000 | 0 | 0 | 0 | -50,000 | -50,000 | 100,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | -74,000 | -72,000 | -70,000 | -68,000 | 284,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -1,287,000 | -63,000 | -276,000 | -468,000 | -829,000 | -897,000 | 40,000 | 249,000 | 358,000 | 1,017,000 | -267,000 | 556,156 | 582,353 | 204,505 | 3,125,986 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | -62,000 | 0 | 0 | 0 | 0 | 0 | -2,000 | 0 | 0 | 0 |
| cash flow from financing | -1,406,000 | 970,000 | 105,000 | -1,853,000 | 1,530,000 | -887,000 | 474,000 | 81,000 | 891,000 | 1,135,000 | 17,000 | 2,065,294 | 637,859 | 184,001 | 19,685,121 |
| cash and cash equivalents | |||||||||||||||
| cash | -2,447,000 | 1,062,000 | -1,463,000 | -132,000 | 5,958,000 | -2,925,000 | -6,468,000 | -10,000 | 1,510,000 | 1,283,000 | -1,425,000 | 1,373,607 | 1,620,916 | 1,462,825 | 3,664,652 |
| overdraft | 0 | 0 | 0 | 0 | -195,000 | 195,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -2,447,000 | 1,062,000 | -1,463,000 | -132,000 | 6,153,000 | -3,120,000 | -6,468,000 | -10,000 | 1,510,000 | 1,283,000 | -1,425,000 | 1,373,607 | 1,620,916 | 1,462,825 | 3,664,652 |
incorporated bishop's stortford college association(the) Credit Report and Business Information
Incorporated Bishop's Stortford College Association(the) Competitor Analysis
Perform a competitor analysis for incorporated bishop's stortford college association(the) by selecting its closest rivals, whether from the EDUCATION sector, other large companies, companies in CM23 area or any other competitors across 12 key performance metrics.
incorporated bishop's stortford college association(the) Ownership
INCORPORATED BISHOP'S STORTFORD COLLEGE ASSOCIATION(THE) group structure
Incorporated Bishop'S Stortford College Association(The) has no subsidiary companies.
Ultimate parent company
INCORPORATED BISHOP'S STORTFORD COLLEGE ASSOCIATION(THE)
00081130
incorporated bishop's stortford college association(the) directors
Incorporated Bishop'S Stortford College Association(The) currently has 15 directors. The longest serving directors include Dr Philip Hargrave (Mar 2001) and Mrs Irene Pearman (Jul 2004).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Philip Hargrave | England | 74 years | Mar 2001 | - | Director |
| Mrs Irene Pearman | 63 years | Jul 2004 | - | Director | |
| Mr Guy Baker | 59 years | Aug 2010 | - | Director | |
| Mr Richard Harrison | United Kingdom | 57 years | Jul 2015 | - | Director |
| Mr Charles Solway | England | 57 years | Sep 2015 | - | Director |
| Mrs Pauline Mullender | England | 80 years | Mar 2016 | - | Director |
| Mr David Thomson | England | 65 years | Mar 2017 | - | Director |
| Mr Andrew Conti | United Kingdom | 57 years | Mar 2017 | - | Director |
| Mr Douglas Alexander | England | 62 years | Sep 2017 | - | Director |
| Mr Peter Dodd | England | 56 years | Sep 2018 | - | Director |
P&L
July 2023turnover
25.8m
+13%
operating profit
-1.6m
0%
gross margin
50.5%
+4.68%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
41.7m
-0.03%
total assets
49.6m
-0.06%
cash
3.1m
-0.44%
net assets
Total assets minus all liabilities
incorporated bishop's stortford college association(the) company details
company number
00081130
Type
Private limited with Share Capital
industry
85310 - General secondary education
85200 - Primary education
incorporation date
June 1904
age
121
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
CROWE UK LLP
address
school house maze green road, bishop's stortford, CM23 2PQ
Bank
LLOYDS TSB BANK PLC
Legal Advisor
TEES
incorporated bishop's stortford college association(the) Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 7 charges/mortgages relating to incorporated bishop's stortford college association(the). Currently there are 4 open charges and 3 have been satisfied in the past.
incorporated bishop's stortford college association(the) Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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incorporated bishop's stortford college association(the) Companies House Filings - See Documents
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