goodenough college
goodenough college Company Information
Group Structure
View All
Industry
Other accommodation
Registered Address
london house,, mecklenburgh square, london, WC1N 2AB
Website
http://goodenough.ac.ukgoodenough college Estimated Valuation
Pomanda estimates the enterprise value of GOODENOUGH COLLEGE at £25.5m based on a Turnover of £16.7m and 1.53x industry multiple (adjusted for size and gross margin).
goodenough college Estimated Valuation
Pomanda estimates the enterprise value of GOODENOUGH COLLEGE at £63m based on an EBITDA of £8.1m and a 7.8x industry multiple (adjusted for size and gross margin).
goodenough college Estimated Valuation
Pomanda estimates the enterprise value of GOODENOUGH COLLEGE at £291.2m based on Net Assets of £151.2m and 1.93x industry multiple (adjusted for liquidity).
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Goodenough College Overview
Goodenough College is a live company located in london, WC1N 2AB with a Companies House number of 00246919. It operates in the other accommodation sector, SIC Code 55900. Founded in March 1930, it's largest shareholder is unknown. Goodenough College is a mature, mid sized company, Pomanda has estimated its turnover at £16.7m with healthy growth in recent years.
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Goodenough College Health Check
Pomanda's financial health check has awarded Goodenough College a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 1 areas for improvement. Company Health Check FAQs
9 Strong
2 Regular
1 Weak
Size
annual sales of £16.7m, make it larger than the average company (£898.2k)
£16.7m - Goodenough College
£898.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (5.1%)
6% - Goodenough College
5.1% - Industry AVG
Production
with a gross margin of 56%, this company has a comparable cost of product (56%)
56% - Goodenough College
56% - Industry AVG
Profitability
an operating margin of 32.6% make it more profitable than the average company (5.4%)
32.6% - Goodenough College
5.4% - Industry AVG
Employees
with 79 employees, this is above the industry average (19)
79 - Goodenough College
19 - Industry AVG
Pay Structure
on an average salary of £37.4k, the company has a higher pay structure (£24.5k)
£37.4k - Goodenough College
£24.5k - Industry AVG
Efficiency
resulting in sales per employee of £211k, this is more efficient (£54.8k)
£211k - Goodenough College
£54.8k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (17 days)
9 days - Goodenough College
17 days - Industry AVG
Creditor Days
its suppliers are paid after 58 days, this is slower than average (16 days)
58 days - Goodenough College
16 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (8 days)
0 days - Goodenough College
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 72 weeks, this is average cash available to meet short term requirements (85 weeks)
72 weeks - Goodenough College
85 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 22.7%, this is a lower level of debt than the average (33.3%)
22.7% - Goodenough College
33.3% - Industry AVG
GOODENOUGH COLLEGE financials
Goodenough College's latest turnover from August 2023 is £16.7 million and the company has net assets of £151.2 million. According to their latest financial statements, Goodenough College has 79 employees and maintains cash reserves of £6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 16,670,000 | 11,330,000 | 10,627,000 | 13,831,000 | 13,442,000 | 12,575,000 | 12,149,000 | 10,922,000 | 9,193,000 | 7,552,000 | 8,483,000 | 6,776,732 | 7,912,887 | 7,366,070 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | -6,380,721 | 78,499 | -1,286,736 | |||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 871,000 | -3,386,000 | -7,084,000 | -542,000 | 78,000 | -1,046,000 | 219,000 | -345,000 | -4,021,000 | -3,906,000 | -2,112,000 | -6,380,721 | 206,137 | -1,286,736 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 871,000 | -3,386,000 | -7,084,000 | -542,000 | 78,000 | -1,046,000 | 219,000 | -345,000 | -4,021,000 | -3,906,000 | -2,112,000 | -6,380,721 | 206,137 | -1,286,736 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 871,000 | -3,386,000 | -7,084,000 | -542,000 | 78,000 | -1,046,000 | 219,000 | -345,000 | -4,021,000 | -3,906,000 | -2,112,000 | -6,380,721 | 206,137 | -1,286,736 |
| Employee Costs | 2,951,000 | 3,281,000 | 4,927,000 | 3,498,000 | 3,277,000 | 3,192,000 | 3,143,000 | 3,028,000 | 2,819,000 | 2,422,000 | 2,185,000 | 2,017,130 | 1,950,886 | 1,906,281 |
| Number Of Employees | 79 | 72 | 79 | 87 | 85 | 88 | 82 | 81 | 77 | 69 | 69 | 68 | 65 | 63 |
| EBITDA* | -6,180,431 | 236,497 | -1,146,505 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 165,354,000 | 166,797,000 | 167,127,000 | 168,915,000 | 159,001,000 | 160,122,000 | 162,666,000 | 162,874,000 | 162,132,000 | 160,870,000 | 150,794,000 | 144,396,502 | 14,135,686 | 13,862,421 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 23,372,000 | 23,269,000 | 26,112,000 | 26,551,000 | 37,983,000 | 37,277,000 | 21,920,000 | 21,137,000 | 22,386,000 | 20,554,000 | 20,452,000 | 24,201,224 | 21,858,074 | 22,080,455 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 188,726,000 | 190,066,000 | 193,239,000 | 195,466,000 | 196,984,000 | 197,399,000 | 184,586,000 | 184,011,000 | 184,518,000 | 181,424,000 | 171,246,000 | 168,597,726 | 35,993,760 | 35,942,876 |
| Stock & work in progress | 3,000 | 8,000 | 10,000 | 12,000 | 24,000 | 23,000 | 28,000 | 45,000 | 43,000 | 40,000 | 45,000 | 34,122 | 29,659 | 18,681 |
| Trade Debtors | 418,000 | 639,000 | 519,000 | 206,000 | 193,000 | 227,000 | 188,000 | 320,000 | 129,000 | 223,000 | 334,000 | 488,337 | 773,182 | 521,369 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 388,000 | 521,000 | 794,000 | 236,000 | 153,000 | 192,000 | 240,000 | 174,000 | 338,000 | 625,000 | 619,000 | 949,500 | 399,739 | 213,121 |
| Cash | 5,953,000 | 2,741,000 | 2,201,000 | 1,263,000 | 1,631,000 | 1,205,000 | 1,179,000 | 1,681,000 | 1,261,000 | 1,573,000 | 244,000 | 260,042 | 5,426 | 208,078 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 6,762,000 | 3,909,000 | 3,524,000 | 1,717,000 | 2,001,000 | 1,647,000 | 1,635,000 | 2,220,000 | 1,771,000 | 2,461,000 | 1,242,000 | 1,732,001 | 1,208,006 | 961,249 |
| total assets | 195,488,000 | 193,975,000 | 196,763,000 | 197,183,000 | 198,985,000 | 199,046,000 | 186,221,000 | 186,231,000 | 186,289,000 | 183,885,000 | 172,488,000 | 170,329,727 | 37,201,766 | 36,904,125 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 699,000 | 574,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,169,000 | 1,296,000 | 1,095,000 | 1,303,000 | 1,042,000 | 1,188,000 | 1,270,000 | 1,294,000 | 1,708,000 | 2,945,000 | 883,000 | 970,051 | 1,244,426 | 1,473,647 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 37,000 | 38,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 3,081,000 | 2,372,000 | 1,975,000 | 944,000 | 850,000 | 612,000 | 624,000 | 825,000 | 1,511,000 | 3,508,000 | 1,328,000 | 2,513,530 | 507,719 | 288,324 |
| total current liabilities | 4,250,000 | 3,668,000 | 3,070,000 | 2,247,000 | 1,892,000 | 1,800,000 | 2,630,000 | 2,731,000 | 3,219,000 | 6,453,000 | 2,211,000 | 3,483,581 | 1,752,145 | 1,761,971 |
| loans | 40,060,000 | 40,000,000 | 40,000,000 | 40,000,000 | 40,000,000 | 40,000,000 | 26,902,000 | 28,079,000 | 26,268,000 | 14,070,000 | 3,369,000 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 18,000 | 55,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 40,060,000 | 40,000,000 | 40,000,000 | 40,000,000 | 40,018,000 | 40,055,000 | 26,902,000 | 28,079,000 | 26,268,000 | 14,070,000 | 3,369,000 | 0 | 0 | 0 |
| total liabilities | 44,310,000 | 43,668,000 | 43,070,000 | 42,247,000 | 41,910,000 | 41,855,000 | 29,532,000 | 30,810,000 | 29,487,000 | 20,523,000 | 5,580,000 | 3,483,581 | 1,752,145 | 1,761,971 |
| net assets | 151,178,000 | 150,307,000 | 153,693,000 | 154,936,000 | 157,075,000 | 157,191,000 | 156,689,000 | 155,421,000 | 156,802,000 | 163,362,000 | 166,908,000 | 166,846,146 | 35,449,621 | 35,142,154 |
| total shareholders funds | 151,178,000 | 150,307,000 | 153,693,000 | 154,936,000 | 157,075,000 | 157,191,000 | 156,689,000 | 155,421,000 | 156,802,000 | 163,362,000 | 166,908,000 | 166,846,146 | 35,449,621 | 35,142,154 |
| Aug 2023 | Aug 2022 | Aug 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -6,380,721 | 78,499 | -1,286,736 | |||||||||||
| Depreciation | 2,631,000 | 2,425,000 | 3,372,000 | 1,977,000 | 1,907,000 | 2,080,000 | 2,007,000 | 1,864,000 | 1,467,000 | 904,000 | 1,337,000 | 200,290 | 157,998 | 140,231 |
| Amortisation | 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 |
| Stock | -5,000 | -2,000 | -2,000 | -12,000 | 1,000 | -5,000 | -17,000 | 2,000 | 3,000 | -5,000 | 10,878 | 4,463 | 10,978 | 18,681 |
| Debtors | -354,000 | -153,000 | 871,000 | 96,000 | -73,000 | -9,000 | -66,000 | 27,000 | -381,000 | -105,000 | -484,837 | 264,916 | 438,431 | 734,490 |
| Creditors | -127,000 | 201,000 | -208,000 | 261,000 | -146,000 | -82,000 | -24,000 | -414,000 | -1,237,000 | 2,062,000 | -87,051 | -274,375 | -229,221 | 1,473,647 |
| Accruals and Deferred Income | 709,000 | 397,000 | 1,031,000 | 94,000 | 238,000 | -12,000 | -201,000 | -686,000 | -1,997,000 | 2,180,000 | -1,185,530 | 2,005,811 | 219,395 | 288,324 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -4,718,374 | -222,738 | -137,705 | |||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -1,778,000 | -11,265,000 | 1,232,000 | -742,000 | 0 | -10,985,000 | -1,056,000 | 5,011,147 | -1,244,310 | 800,093 |
| Change in Investments | 103,000 | -2,843,000 | -439,000 | -11,432,000 | 706,000 | 15,357,000 | 783,000 | -1,249,000 | 1,832,000 | 102,000 | -3,749,224 | 2,343,150 | -222,381 | 22,080,455 |
| cash flow from investments | -103,000 | 2,843,000 | 439,000 | 11,432,000 | -2,484,000 | -26,622,000 | 449,000 | 507,000 | -1,832,000 | -11,087,000 | 2,693,224 | 2,667,997 | -1,021,929 | -21,280,362 |
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | -37,000 | -1,000 | 38,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 60,000 | 0 | 0 | 0 | 0 | 13,098,000 | -1,177,000 | 1,811,000 | 12,198,000 | 10,701,000 | 3,369,000 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -18,000 | -37,000 | 55,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 60,000 | 0 | 5,841,000 | -1,615,000 | -231,000 | 14,664,000 | -129,000 | 813,000 | 9,659,000 | 11,061,000 | 5,542,854 | 137,777,246 | 101,330 | 36,428,890 |
| cash and cash equivalents | ||||||||||||||
| cash | 3,212,000 | 540,000 | 938,000 | -368,000 | 426,000 | 26,000 | -502,000 | 420,000 | -312,000 | 1,329,000 | -16,042 | 254,616 | -202,652 | 208,078 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -699,000 | 125,000 | 574,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 3,212,000 | 540,000 | 938,000 | -368,000 | 426,000 | 725,000 | -627,000 | -154,000 | -312,000 | 1,329,000 | -16,042 | 254,616 | -202,652 | 208,078 |
goodenough college Credit Report and Business Information
Goodenough College Competitor Analysis
Perform a competitor analysis for goodenough college by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other mid companies, companies in WC1N area or any other competitors across 12 key performance metrics.
goodenough college Ownership
GOODENOUGH COLLEGE group structure
Goodenough College has 2 subsidiary companies.
Ultimate parent company
GOODENOUGH COLLEGE
00246919
2 subsidiaries
goodenough college directors
Goodenough College currently has 11 directors. The longest serving directors include Dame Mary McGowan (Oct 2017) and Mr James Douglas (Dec 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dame Mary McGowan | 68 years | Oct 2017 | - | Director | |
| Mr James Douglas | 62 years | Dec 2017 | - | Director | |
| Mr Stuart Shilson | 59 years | Dec 2019 | - | Director | |
| Mr Guy Parsons | England | 61 years | Jul 2022 | - | Director |
| Mr David Bulman | 60 years | Sep 2022 | - | Director | |
| Mrs Lindsay Dodsworth | England | 62 years | Sep 2022 | - | Director |
| Mrs Lindsay Dodsworth | 62 years | Sep 2022 | - | Director | |
| Ms Danielle Weese | 46 years | Sep 2022 | - | Director | |
| Mrs Fiona Wilkinson | 70 years | Feb 2023 | - | Director | |
| Jonathan Fitzgerald | 63 years | Feb 2024 | - | Director |
P&L
August 2023turnover
16.7m
+47%
operating profit
5.4m
0%
gross margin
56%
+23.8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
151.2m
+0.01%
total assets
195.5m
+0.01%
cash
6m
+1.17%
net assets
Total assets minus all liabilities
goodenough college company details
company number
00246919
Type
Private Ltd By Guarantee w/o Share Cap
industry
55900 - Other accommodation
incorporation date
March 1930
age
95
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
August 2023
previous names
the london goodenough trust for overseas graduates (April 2001)
london house for overseas graduates (November 1991)
accountant
-
auditor
BUZZACOTT LLP
address
london house,, mecklenburgh square, london, WC1N 2AB
Bank
BARCLAYS BANK PLC
Legal Advisor
-
goodenough college 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 did not find charges/mortgages relating to goodenough college.
goodenough college 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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goodenough college Companies House Filings - See Documents
| date | description | view/download |
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