michael house association limited
michael house association limited Company Information
Company Number
00515882
Website
www.michaelhouseschool.co.ukRegistered Address
2nd floor 40 queen square, bristol, BS1 4QP
Industry
General secondary education
Primary education
Telephone
01773718050
Next Accounts Due
1945 days late
Group Structure
View All
Shareholders
-0%
michael house association limited Estimated Valuation
Pomanda estimates the enterprise value of MICHAEL HOUSE ASSOCIATION LIMITED at £354.4k based on a Turnover of £534k and 0.66x industry multiple (adjusted for size and gross margin).
michael house association limited Estimated Valuation
Pomanda estimates the enterprise value of MICHAEL HOUSE ASSOCIATION LIMITED at £72.2k based on an EBITDA of £13.6k and a 5.31x industry multiple (adjusted for size and gross margin).
michael house association limited Estimated Valuation
Pomanda estimates the enterprise value of MICHAEL HOUSE ASSOCIATION LIMITED at £356.6k based on Net Assets of £202.7k and 1.76x industry multiple (adjusted for liquidity).
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Michael House Association Limited Overview
Michael House Association Limited is a live company located in bristol, BS1 4QP with a Companies House number of 00515882. It operates in the primary education sector, SIC Code 85200. Founded in February 1953, it's largest shareholder is unknown. Michael House Association Limited is a mature, small sized company, Pomanda has estimated its turnover at £534k with low growth in recent years.
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Michael House Association Limited Health Check
Pomanda's financial health check has awarded Michael House Association Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
8 Weak
Size
annual sales of £534k, make it smaller than the average company (£4.7m)
£534k - Michael House Association Limited
£4.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a faster rate (1.8%)
3% - Michael House Association Limited
1.8% - Industry AVG
Production
with a gross margin of 48.7%, this company has a comparable cost of product (48.7%)
48.7% - Michael House Association Limited
48.7% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (7.5%)
0.1% - Michael House Association Limited
7.5% - Industry AVG
Employees
with 34 employees, this is below the industry average (105)
34 - Michael House Association Limited
105 - Industry AVG
Pay Structure
on an average salary of £10.9k, the company has a lower pay structure (£29.9k)
£10.9k - Michael House Association Limited
£29.9k - Industry AVG
Efficiency
resulting in sales per employee of £15.7k, this is less efficient (£44.5k)
£15.7k - Michael House Association Limited
£44.5k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is later than average (1 days)
8 days - Michael House Association Limited
1 days - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (22 days)
18 days - Michael House Association Limited
22 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Michael House Association Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (94 weeks)
11 weeks - Michael House Association Limited
94 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 48.9%, this is a higher level of debt than the average (22.2%)
48.9% - Michael House Association Limited
22.2% - Industry AVG
MICHAEL HOUSE ASSOCIATION LIMITED financials
Michael House Association Limited's latest turnover from August 2017 is £534 thousand and the company has net assets of £202.7 thousand. According to their latest financial statements, Michael House Association Limited has 34 employees and maintains cash reserves of £7.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 533,966 | 530,636 | 477,522 | 492,947 | 525,181 | 517,525 | 498,217 | 370,913 | 368,507 |
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | 5,853 | 6,089 | 6,682 | 10,945 | 11,210 | 11,459 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -9,984 | 13,246 | -25,145 | -15,862 | -2,731 | -33,561 | -3,956 | -45,015 | 4,936 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -9,984 | 13,246 | -25,145 | -15,862 | -2,731 | -33,561 | -3,956 | -45,015 | 4,936 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -9,984 | 13,246 | -25,145 | -15,862 | -2,731 | -33,561 | -3,956 | -45,015 | 4,936 |
| Employee Costs | 369,116 | 380,906 | 377,658 | 352,918 | 398,003 | 395,998 | 364,219 | 289,862 | 252,044 |
| Number Of Employees | 34 | 34 | 34 | 36 | 36 | 43 | 38 | 27 | 24 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 361,878 | 375,053 | 388,423 | 402,023 | 417,907 | 432,515 | 446,724 | 463,062 | 295,696 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 3,701 | 3,701 | 3,701 | 3,701 | 3,701 | 3,701 | 3,701 | 3,701 | 3,701 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 365,579 | 378,754 | 392,124 | 405,724 | 421,608 | 436,216 | 450,425 | 466,763 | 299,397 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 12,373 | 8,465 | 19,314 | 31,830 | 25,966 | 19,832 | 22,536 | 36,944 | 34,299 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 11,385 | 16,105 | 19,368 | 14,801 | 14,654 | 17,469 | 18,187 | 17,403 | 20,727 |
| Cash | 7,697 | 16,598 | 13,436 | 7,677 | 6,196 | 10,205 | 7,677 | 5,697 | 14,375 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 31,455 | 41,168 | 52,118 | 54,308 | 46,816 | 47,506 | 48,400 | 60,044 | 69,401 |
| total assets | 397,034 | 419,922 | 444,242 | 460,032 | 468,424 | 483,722 | 498,825 | 526,807 | 368,798 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 14,257 | 17,520 | 29,710 | 25,032 | 19,494 | 29,120 | 16,700 | 11,748 | 39,217 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 7,120 | 6,875 | 6,639 | 4,639 | 4,375 | 4,125 | 3,574 | 3,487 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 13,592 | 16,358 | 34,844 | 23,634 | 16,812 | 15,129 | 4,716 | 29,869 | 3,876 |
| total current liabilities | 34,969 | 40,753 | 71,193 | 53,305 | 40,681 | 48,374 | 24,990 | 45,104 | 43,093 |
| loans | 156,368 | 163,488 | 170,364 | 178,647 | 183,551 | 188,175 | 192,851 | 196,513 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 3,000 | 3,000 | 3,250 | 3,500 | 3,750 | 4,000 | 4,250 | 4,500 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 159,368 | 166,488 | 173,614 | 182,147 | 187,301 | 192,175 | 197,101 | 201,013 | 0 |
| total liabilities | 194,337 | 207,241 | 244,807 | 235,452 | 227,982 | 240,549 | 222,091 | 246,117 | 43,093 |
| net assets | 202,697 | 212,681 | 199,435 | 224,580 | 240,442 | 243,173 | 276,734 | 280,690 | 325,705 |
| total shareholders funds | 202,697 | 212,681 | 199,435 | 224,580 | 240,442 | 243,173 | 276,734 | 280,690 | 325,705 |
| Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 13,175 | 13,370 | 13,600 | 15,884 | 16,204 | 16,338 | 16,338 | 15,666 | 6,456 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -812 | -14,112 | -7,949 | 6,011 | 3,319 | -3,422 | -13,624 | -679 | 55,026 |
| Creditors | -3,263 | -12,190 | 4,678 | 5,538 | -9,626 | 12,420 | 4,952 | -27,469 | 39,217 |
| Accruals and Deferred Income | -2,766 | -18,736 | 10,960 | 6,572 | 1,433 | 10,163 | -25,403 | 30,493 | 3,876 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,701 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 245 | 236 | 2,000 | 264 | 250 | 551 | 87 | 3,487 | 0 |
| Long term loans | -7,120 | -6,876 | -8,283 | -4,904 | -4,624 | -4,676 | -3,662 | 196,513 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | -5,853 | -6,089 | -6,682 | -10,945 | -11,210 | -11,459 | 0 | 0 | 0 |
| cash flow from financing | -12,728 | -12,729 | -12,965 | -15,585 | -15,584 | -15,584 | -3,575 | 200,000 | 320,769 |
| cash and cash equivalents | |||||||||
| cash | -8,901 | 3,162 | 5,759 | 1,481 | -4,009 | 2,528 | 1,980 | -8,678 | 14,375 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -8,901 | 3,162 | 5,759 | 1,481 | -4,009 | 2,528 | 1,980 | -8,678 | 14,375 |
michael house association limited Credit Report and Business Information
Michael House Association Limited Competitor Analysis
Perform a competitor analysis for michael house association limited by selecting its closest rivals, whether from the EDUCATION sector, other small companies, companies in BS1 area or any other competitors across 12 key performance metrics.
michael house association limited Ownership
MICHAEL HOUSE ASSOCIATION LIMITED group structure
Michael House Association Limited has no subsidiary companies.
Ultimate parent company
MICHAEL HOUSE ASSOCIATION LIMITED
00515882
michael house association limited directors
Michael House Association Limited currently has 4 directors. The longest serving directors include Mrs Jane Tipper (Mar 2016) and Mr Richard Sisson (Apr 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Jane Tipper | 86 years | Mar 2016 | - | Director | |
| Mr Richard Sisson | England | 56 years | Apr 2016 | - | Director |
| Mr Ian Duffy | England | 54 years | Jun 2016 | - | Director |
| Mr Michael Conroy | United Kingdom | 60 years | Dec 2016 | - | Director |
P&L
August 2017turnover
534k
+1%
operating profit
418.5
0%
gross margin
48.7%
-0.68%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2017net assets
202.7k
-0.05%
total assets
397k
-0.05%
cash
7.7k
-0.54%
net assets
Total assets minus all liabilities
michael house association limited company details
company number
00515882
Type
Private Ltd By Guarantee w/o Share Cap
industry
85310 - General secondary education
85200 - Primary education
incorporation date
February 1953
age
71
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
August 2017
address
2nd floor 40 queen square, bristol, BS1 4QP
accountant
-
auditor
-
michael house association limited 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 14 charges/mortgages relating to michael house association limited. Currently there are 3 open charges and 11 have been satisfied in the past.
michael house association limited Companies House Filings - See Documents
| date | description | view/download |
|---|
