langley school (1960) limited
langley school (1960) limited Company Information
Company Number
00656498
Website
www.langleyschool.co.ukRegistered Address
langley park, loddon, norfolk, NR14 6BJ
Industry
General secondary education
Primary education
Telephone
01508520210
Next Accounts Due
May 2025
Group Structure
View All
Shareholders
-0%
langley school (1960) limited Estimated Valuation
Pomanda estimates the enterprise value of LANGLEY SCHOOL (1960) LIMITED at £11.1m based on a Turnover of £12.8m and 0.87x industry multiple (adjusted for size and gross margin).
langley school (1960) limited Estimated Valuation
Pomanda estimates the enterprise value of LANGLEY SCHOOL (1960) LIMITED at £4.9m based on an EBITDA of £701k and a 7.03x industry multiple (adjusted for size and gross margin).
langley school (1960) limited Estimated Valuation
Pomanda estimates the enterprise value of LANGLEY SCHOOL (1960) LIMITED at £12.5m based on Net Assets of £6m and 2.09x industry multiple (adjusted for liquidity).
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Langley School (1960) Limited Overview
Langley School (1960) Limited is a live company located in norfolk, NR14 6BJ with a Companies House number of 00656498. It operates in the primary education sector, SIC Code 85200. Founded in April 1960, it's largest shareholder is unknown. Langley School (1960) Limited is a mature, mid sized company, Pomanda has estimated its turnover at £12.8m with low growth in recent years.
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Langley School (1960) Limited Health Check
Pomanda's financial health check has awarded Langley School (1960) Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
6 Weak
Size
annual sales of £12.8m, make it larger than the average company (£4.6m)
£12.8m - Langley School (1960) Limited
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (5.6%)
4% - Langley School (1960) Limited
5.6% - Industry AVG
Production
with a gross margin of 48%, this company has a comparable cost of product (48%)
48% - Langley School (1960) Limited
48% - Industry AVG
Profitability
an operating margin of 0.9% make it less profitable than the average company (5.6%)
0.9% - Langley School (1960) Limited
5.6% - Industry AVG
Employees
with 268 employees, this is above the industry average (86)
268 - Langley School (1960) Limited
86 - Industry AVG
Pay Structure
on an average salary of £32.9k, the company has an equivalent pay structure (£36.1k)
£32.9k - Langley School (1960) Limited
£36.1k - Industry AVG
Efficiency
resulting in sales per employee of £47.7k, this is equally as efficient (£56k)
£47.7k - Langley School (1960) Limited
£56k - Industry AVG
Debtor Days
it gets paid by customers after 93 days, this is later than average (6 days)
93 days - Langley School (1960) Limited
6 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (22 days)
13 days - Langley School (1960) Limited
22 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (4 days)
2 days - Langley School (1960) Limited
4 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 17 weeks, this is less cash available to meet short term requirements (92 weeks)
17 weeks - Langley School (1960) Limited
92 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 64.6%, this is a higher level of debt than the average (13.2%)
64.6% - Langley School (1960) Limited
13.2% - Industry AVG
LANGLEY SCHOOL (1960) LIMITED financials
Langley School (1960) Limited's latest turnover from August 2023 is £12.8 million and the company has net assets of £6 million. According to their latest financial statements, Langley School (1960) Limited has 268 employees and maintains cash reserves of £1.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 12,790,278 | 12,538,751 | 10,890,788 | 11,457,994 | 13,465,293 | 11,716,772 | 9,891,442 | 9,561,129 | 8,800,897 | 8,463,080 | 8,617,976 | 8,330,454 | 7,719,513 | 9,608,833 | 6,220,001 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 96,976 | 108,527 | 0 | 53,427 | 3,455 | 0 | ||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -313,224 | 473,099 | -439,123 | -1,489,566 | 971,776 | -545,392 | 288,789 | -117,235 | 82,414 | 34,106 | 396,245 | 492,623 | 229,830 | 2,235,377 | 228,518 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -313,224 | 473,099 | -439,123 | -1,489,566 | 971,776 | -545,392 | 288,789 | -117,235 | 82,414 | 34,106 | 396,245 | 492,623 | 229,830 | 2,235,377 | 228,518 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -313,224 | 473,099 | -439,123 | -1,489,566 | 971,776 | -545,392 | 288,789 | -117,235 | 82,414 | 34,106 | 396,245 | 492,623 | 229,830 | 2,235,377 | 228,518 |
| Employee Costs | 8,816,566 | 8,491,234 | 8,629,039 | 8,984,100 | 9,026,683 | 8,706,227 | 6,391,920 | 6,468,674 | 6,048,614 | 5,937,308 | 5,840,487 | 5,517,772 | 5,211,198 | 5,366,150 | 4,381,064 |
| Number Of Employees | 268 | 260 | 263 | 298 | 305 | 298 | 197 | 205 | 231 | 241 | 251 | 237 | 228 | 240 | 203 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 10,740,951 | 11,069,436 | 10,633,228 | 10,834,650 | 10,912,900 | 11,070,788 | 11,351,166 | 10,022,507 | 10,077,714 | 10,208,870 | 8,205,163 | 7,724,286 | 7,710,803 | 7,268,536 | 2,912,649 |
| Intangible Assets | 22,157 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 416,260 | 413,704 | 50 | 50 | 50 | 50 | 50 | 104,662 | 101,148 | 100,404 | 95,756 | 86,494 | 80,552 | 80,709 | 150 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 11,179,368 | 11,483,140 | 10,633,278 | 10,834,700 | 10,912,950 | 11,070,838 | 11,351,216 | 10,127,169 | 10,178,862 | 10,309,274 | 8,300,919 | 7,810,780 | 7,791,355 | 7,349,245 | 2,912,799 |
| Stock & work in progress | 43,990 | 47,356 | 40,003 | 35,441 | 48,085 | 18,665 | 38,712 | 26,965 | 32,357 | 44,369 | 34,021 | 22,379 | 24,646 | 17,158 | 19,207 |
| Trade Debtors | 3,277,294 | 3,183,065 | 2,991,078 | 2,980,562 | 3,019,423 | 3,413,730 | 2,314,127 | 361,199 | 361,302 | 478,784 | 170,142 | 298,080 | 308,599 | 332,096 | 351,132 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 483,680 | 387,154 | 283,833 | 299,367 | 1,415,042 | 219,812 | 220,869 | 169,747 | 38,112 | 0 | 128,757 | 39,467 | 56,017 | 23,829 | 11,302 |
| Cash | 1,880,269 | 1,923,489 | 1,995,050 | 1,638,448 | 150,530 | 197,703 | 462,082 | 965,636 | 1,291,792 | 987,212 | 1,864,938 | 2,125,937 | 1,225,585 | 564,103 | 1,654,705 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,685,233 | 5,541,064 | 5,309,964 | 4,953,818 | 4,633,080 | 3,849,910 | 3,035,790 | 1,523,547 | 1,723,563 | 1,510,365 | 2,197,858 | 2,485,863 | 1,614,847 | 937,186 | 2,036,346 |
| total assets | 16,864,601 | 17,024,204 | 15,943,242 | 15,788,518 | 15,546,030 | 14,920,748 | 14,387,006 | 11,650,716 | 11,902,425 | 11,819,639 | 10,498,777 | 10,296,643 | 9,406,202 | 8,286,431 | 4,949,145 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 171,192 | 161,784 | 197,073 | 122,283 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 161,632 | 149,756 | 151,956 | 0 | 919,802 | 2,035,683 | 0 | 0 | 0 | 0 | 139,180 | 139,180 | 101,210 | 0 | 0 |
| Trade Creditors | 250,577 | 340,471 | 253,007 | 272,669 | 246,992 | 204,739 | 204,612 | 105,857 | 44,431 | 92,558 | 119,540 | 91,202 | 135,070 | 335,753 | 135,342 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 100 | 100 | 100 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 157,653 | 150,730 | 47,378 | 45,927 | 45,926 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 5,073,381 | 4,577,229 | 4,310,332 | 4,362,852 | 4,332,422 | 4,621,813 | 3,350,995 | 881,439 | 987,263 | 1,005,318 | 590,626 | 628,631 | 589,484 | 823,139 | 770,121 |
| total current liabilities | 5,643,243 | 5,218,186 | 4,762,673 | 4,681,448 | 5,545,142 | 6,862,235 | 3,726,799 | 1,149,080 | 1,228,767 | 1,220,159 | 849,346 | 859,013 | 825,864 | 1,158,992 | 905,563 |
| loans | 4,482,766 | 4,667,939 | 4,826,159 | 4,400,830 | 1,684,318 | 721,498 | 2,763,053 | 2,975,399 | 3,101,894 | 3,070,187 | 2,085,457 | 2,224,637 | 1,974,790 | 791,000 | 0 |
| hp & lease commitments | 246,446 | 404,099 | 90,525 | 0 | 34,444 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 523,026 | 452,173 | 455,177 | 458,409 | 544,729 | 571,392 | 586,139 | 507,804 | 439,610 | 480,297 | 553,733 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 608,258 | 499,478 | 460,042 | 402,562 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 5,252,238 | 5,524,211 | 5,371,861 | 4,859,239 | 2,263,491 | 1,292,890 | 3,349,192 | 3,483,203 | 3,541,504 | 3,550,484 | 2,639,190 | 2,832,895 | 2,474,268 | 1,251,042 | 402,562 |
| total liabilities | 10,895,481 | 10,742,397 | 10,134,534 | 9,540,687 | 7,808,633 | 8,155,125 | 7,075,991 | 4,632,283 | 4,770,271 | 4,770,643 | 3,488,536 | 3,691,908 | 3,300,132 | 2,410,034 | 1,308,125 |
| net assets | 5,969,120 | 6,281,807 | 5,808,708 | 6,247,831 | 7,737,397 | 6,765,623 | 7,311,015 | 7,018,433 | 7,132,154 | 7,048,996 | 7,010,241 | 6,604,735 | 6,106,070 | 5,876,397 | 3,641,020 |
| total shareholders funds | 5,969,120 | 6,281,807 | 5,808,708 | 6,247,831 | 7,737,397 | 6,765,623 | 7,311,015 | 7,018,433 | 7,132,154 | 7,048,996 | 7,010,241 | 6,604,735 | 6,106,070 | 5,876,397 | 3,641,020 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 588,271 | 506,833 | 389,081 | 444,845 | 483,834 | 442,182 | 407,561 | 413,930 | 419,828 | 406,958 | 396,446 | 462,538 | 471,485 | 381,165 | 330,717 |
| Amortisation | 633 | 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 | -3,366 | 7,353 | 4,562 | -12,644 | 29,420 | -20,047 | 11,747 | -5,392 | -12,012 | 10,348 | 11,642 | -2,267 | 7,488 | -2,049 | 19,207 |
| Debtors | 190,755 | 295,308 | -5,018 | -1,154,536 | 800,923 | 1,098,546 | 2,004,050 | 131,532 | -79,370 | 179,885 | -38,648 | -27,069 | 8,691 | -6,509 | 362,434 |
| Creditors | -89,894 | 87,464 | -19,662 | 25,677 | 42,253 | 127 | 98,755 | 61,426 | -48,127 | -26,982 | 28,338 | -43,868 | -200,683 | 200,411 | 135,342 |
| Accruals and Deferred Income | 567,005 | 263,893 | -55,752 | -55,890 | -316,054 | 1,256,071 | 2,547,891 | -37,630 | -58,742 | 341,256 | 515,728 | 39,147 | -233,655 | 53,018 | 770,121 |
| 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 | 0 | 0 | -161,804 | 2,069,382 | -351,223 | -288,672 | -2,359,532 | -835,269 | -476,020 | -912,952 | -2,810,502 | -1,059,763 |
| Change in Investments | 2,556 | 413,654 | 0 | 0 | 0 | 0 | -104,612 | 3,514 | 744 | 4,648 | 9,262 | 5,942 | -157 | 80,559 | 150 |
| cash flow from investments | -2,556 | -413,654 | 0 | 0 | 0 | -161,804 | 2,173,994 | -354,737 | -289,416 | -2,364,180 | -844,531 | -481,962 | -912,795 | -2,891,061 | -1,059,913 |
| Financing Activities | |||||||||||||||
| Bank loans | 11,876 | -2,200 | 151,956 | -919,802 | -1,115,881 | 2,035,683 | 0 | 0 | 0 | -139,180 | 0 | 37,970 | 101,210 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -100 | 0 | 0 | 100 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -185,173 | -158,220 | 425,329 | 2,716,512 | 962,820 | -2,041,555 | -212,346 | -126,495 | 31,707 | 984,730 | -139,180 | 249,847 | 1,183,790 | 791,000 | 0 |
| Hire Purchase and Lease Commitments | -150,730 | 416,926 | 91,976 | -34,443 | 80,370 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -608,258 | 108,780 | 39,436 | 57,480 | 402,562 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -96,976 | -108,527 | 0 | -53,427 | -3,455 | 0 | ||
| cash flow from financing | -323,490 | 256,506 | 669,261 | 1,762,267 | -72,693 | -5,872 | -208,553 | -219,957 | -76,076 | 402,539 | 1,270,852 | 845,025 | 3,815,164 | ||
| cash and cash equivalents | |||||||||||||||
| cash | -43,220 | -71,561 | 356,602 | 1,487,918 | -47,173 | -264,379 | -503,554 | -326,156 | 304,580 | -877,726 | -260,999 | 900,352 | 661,482 | -1,090,602 | 1,654,705 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -171,192 | 9,408 | -35,289 | 74,790 | 122,283 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -43,220 | -71,561 | 356,602 | 1,487,918 | -47,173 | -93,187 | -512,962 | -290,867 | 229,790 | -1,000,009 | -260,999 | 900,352 | 661,482 | -1,090,602 | 1,654,705 |
langley school (1960) limited Credit Report and Business Information
Langley School (1960) Limited Competitor Analysis
Perform a competitor analysis for langley school (1960) limited by selecting its closest rivals, whether from the EDUCATION sector, other mid companies, companies in NR14 area or any other competitors across 12 key performance metrics.
langley school (1960) limited Ownership
LANGLEY SCHOOL (1960) LIMITED group structure
Langley School (1960) Limited has 1 subsidiary company.
Ultimate parent company
LANGLEY SCHOOL (1960) LIMITED
00656498
1 subsidiary
langley school (1960) limited directors
Langley School (1960) Limited currently has 11 directors. The longest serving directors include Mr Stephen Brown (Sep 2010) and Mr John Miller (Aug 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Brown | United Kingdom | 67 years | Sep 2010 | - | Director |
| Mr John Miller | England | 62 years | Aug 2017 | - | Director |
| Mr Zak Virgin | England | 49 years | Sep 2018 | - | Director |
| Mrs Caroline Pain | England | 50 years | May 2019 | - | Director |
| Mr David Stanbridge | 56 years | Dec 2019 | - | Director | |
| Mr Julian Barnwell | England | 57 years | Dec 2019 | - | Director |
| Mr Julian Barnwell | England | 57 years | Dec 2019 | - | Director |
| Mr David Stanbridge | 56 years | Dec 2019 | - | Director | |
| Mr Malcolm Streatfield | 67 years | Mar 2022 | - | Director | |
| Mrs Kim Goodby | 51 years | Dec 2023 | - | Director |
P&L
August 2023turnover
12.8m
+2%
operating profit
112.1k
0%
gross margin
48.1%
+4.25%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
6m
-0.05%
total assets
16.9m
-0.01%
cash
1.9m
-0.02%
net assets
Total assets minus all liabilities
langley school (1960) limited company details
company number
00656498
Type
Private Ltd By Guarantee w/o Share Cap
industry
85320 - Technical and vocational secondary education
85310 - General secondary education
85200 - Primary education
incorporation date
April 1960
age
64
incorporated
UK
accounts
Group
ultimate parent company
previous names
N/A
last accounts submitted
August 2023
address
langley park, loddon, norfolk, NR14 6BJ
accountant
-
auditor
LARKING GOWEN
langley school (1960) 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 11 charges/mortgages relating to langley school (1960) limited. Currently there are 6 open charges and 5 have been satisfied in the past.
langley school (1960) limited Companies House Filings - See Documents
| date | description | view/download |
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