derwent training association
derwent training association Company Information
Company Number
02262730
Next Accounts
Apr 2026
Shareholders
-
Group Structure
View All
Industry
Other education n.e.c.
Registered Address
hertford way, york road industrial park, malton, north yorkshire, YO17 6YG
Website
www.derwenttraining.co.ukderwent training association Estimated Valuation
Pomanda estimates the enterprise value of DERWENT TRAINING ASSOCIATION at £668.6k based on a Turnover of £941.3k and 0.71x industry multiple (adjusted for size and gross margin).
derwent training association Estimated Valuation
Pomanda estimates the enterprise value of DERWENT TRAINING ASSOCIATION at £384.5k based on an EBITDA of £93.8k and a 4.1x industry multiple (adjusted for size and gross margin).
derwent training association Estimated Valuation
Pomanda estimates the enterprise value of DERWENT TRAINING ASSOCIATION at £2.2m based on Net Assets of £935.1k and 2.38x industry multiple (adjusted for liquidity).
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Derwent Training Association Overview
Derwent Training Association is a live company located in malton, YO17 6YG with a Companies House number of 02262730. It operates in the other education n.e.c. sector, SIC Code 85590. Founded in May 1988, it's largest shareholder is unknown. Derwent Training Association is a mature, small sized company, Pomanda has estimated its turnover at £941.3k with healthy growth in recent years.
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Derwent Training Association Health Check
Pomanda's financial health check has awarded Derwent Training Association a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £941.3k, make it larger than the average company (£531.1k)
£941.3k - Derwent Training Association
£531.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a similar rate (8.9%)
10% - Derwent Training Association
8.9% - Industry AVG
Production
with a gross margin of 56.9%, this company has a comparable cost of product (56.9%)
56.9% - Derwent Training Association
56.9% - Industry AVG
Profitability
an operating margin of 6.6% make it more profitable than the average company (5%)
6.6% - Derwent Training Association
5% - Industry AVG
Employees
with 11 employees, this is below the industry average (14)
11 - Derwent Training Association
14 - Industry AVG
Pay Structure
on an average salary of £41.8k, the company has a higher pay structure (£30.1k)
£41.8k - Derwent Training Association
£30.1k - Industry AVG
Efficiency
resulting in sales per employee of £85.6k, this is more efficient (£53.8k)
£85.6k - Derwent Training Association
£53.8k - Industry AVG
Debtor Days
it gets paid by customers after 22 days, this is later than average (17 days)
22 days - Derwent Training Association
17 days - Industry AVG
Creditor Days
its suppliers are paid after 40 days, this is slower than average (23 days)
40 days - Derwent Training Association
23 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Derwent Training Association
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 239 weeks, this is more cash available to meet short term requirements (104 weeks)
239 weeks - Derwent Training Association
104 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.9%, this is a higher level of debt than the average (23.3%)
25.9% - Derwent Training Association
23.3% - Industry AVG
DERWENT TRAINING ASSOCIATION financials
Derwent Training Association's latest turnover from July 2024 is £941.3 thousand and the company has net assets of £935.1 thousand. According to their latest financial statements, Derwent Training Association has 11 employees and maintains cash reserves of £411.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 941,344 | 944,811 | 759,875 | 702,634 | 756,470 | 1,005,118 | 859,889 | 813,937 | 720,975 | 733,549 | 821,204 | 502,195 | 531,142 | 645,609 | 516,584 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | 9,267 | 4,171 | 4,402 | 1,273 | 886 | 903 | 1,113 | ||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 40,691 | 78,577 | 74,811 | 77,922 | -17,680 | 14,018 | -59,600 | -96,293 | -172,129 | -31,384 | -19,315 | -124,989 | -56,897 | 75,418 | -119 |
| Tax | |||||||||||||||
| Profit After Tax | 40,691 | 78,577 | 74,811 | 77,922 | -17,680 | 14,018 | -59,600 | -96,293 | -172,129 | -31,384 | -19,315 | -124,989 | -56,897 | 75,418 | -119 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 40,691 | 78,577 | 74,811 | 77,922 | -17,680 | 14,018 | -59,600 | -96,293 | -172,129 | -31,384 | -19,315 | -124,989 | -56,897 | 75,418 | -119 |
| Employee Costs | 460,174 | 464,364 | 404,920 | 424,607 | 519,083 | 617,982 | 591,079 | 564,249 | 532,075 | 420,902 | 490,525 | 361,046 | 337,694 | 323,016 | 299,333 |
| Number Of Employees | 11 | 11 | 11 | 12 | 15 | 18 | 19 | 17 | 16 | 13 | 13 | 13 | 12 | 12 | 11 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 739,703 | 729,504 | 744,137 | 741,142 | 767,773 | 788,942 | 808,318 | 839,485 | 873,495 | 550,064 | 500,694 | 539,654 | 625,164 | 678,777 | 665,256 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 739,703 | 729,504 | 744,137 | 741,142 | 767,773 | 788,942 | 808,318 | 839,485 | 873,495 | 550,064 | 500,694 | 539,654 | 625,164 | 678,777 | 665,256 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 59,089 | 65,412 | 51,684 | 66,463 | 81,506 | 75,092 | 121,086 | 92,008 | 127,017 | 76,185 | 72,734 | 64,845 | 37,354 | 58,441 | 45,784 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 50,692 | 34,284 | 29,586 | 22,439 | 13,197 | 29,024 | 12,414 | 8,806 | 8,012 | 17,939 | 4,925 | 3,066 | 2,986 | 14,593 | 3,315 |
| Cash | 411,675 | 391,232 | 319,971 | 282,792 | 127,039 | 140,870 | 123 | 13 | 59 | 158,497 | 179,649 | 163,499 | 238,927 | 219,925 | 161,592 |
| misc current assets | |||||||||||||||
| total current assets | 521,456 | 490,928 | 401,241 | 371,694 | 221,742 | 244,986 | 133,623 | 100,827 | 135,088 | 252,621 | 257,308 | 231,410 | 279,267 | 292,959 | 210,691 |
| total assets | 1,261,159 | 1,220,432 | 1,145,378 | 1,112,836 | 989,515 | 1,033,928 | 941,941 | 940,312 | 1,008,583 | 802,685 | 758,002 | 771,064 | 904,431 | 971,736 | 875,947 |
| Bank overdraft | 169,968 | 117,951 | 101,331 | 23,334 | |||||||||||
| Bank loan | 13,591 | 37,115 | 13,961 | 6,000 | 5,000 | 5,000 | 23,818 | ||||||||
| Trade Creditors | 44,484 | 38,324 | 32,184 | 14,080 | 14,976 | 35,867 | 44,764 | 39,706 | 35,326 | 22,835 | 17,385 | 12,724 | 14,400 | 14,766 | 12,395 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 31,355 | 24,407 | 21,319 | 20,512 | 18,795 | 19,876 | 60,450 | 32,478 | 25,124 | 14,634 | 14,017 | 12,425 | 19,127 | 29,169 | 11,169 |
| total current liabilities | 89,430 | 99,846 | 67,464 | 40,592 | 38,771 | 60,743 | 275,182 | 213,953 | 161,781 | 60,803 | 31,402 | 25,149 | 33,527 | 43,935 | 23,564 |
| loans | 236,631 | 226,179 | 262,084 | 331,225 | 287,647 | 292,408 | 24,151 | 46,666 | |||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 236,631 | 226,179 | 262,084 | 331,225 | 287,647 | 292,408 | 24,151 | 46,666 | |||||||
| total liabilities | 326,061 | 326,025 | 329,548 | 371,817 | 326,418 | 353,151 | 275,182 | 213,953 | 185,932 | 107,469 | 31,402 | 25,149 | 33,527 | 43,935 | 23,564 |
| net assets | 935,098 | 894,407 | 815,830 | 741,019 | 663,097 | 680,777 | 666,759 | 726,359 | 822,651 | 695,216 | 726,600 | 745,915 | 870,904 | 927,801 | 852,383 |
| total shareholders funds | 935,098 | 894,407 | 815,830 | 741,019 | 663,097 | 680,777 | 666,759 | 726,359 | 822,651 | 695,216 | 726,600 | 745,915 | 870,904 | 927,801 | 852,383 |
| Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 31,737 | 30,525 | 35,468 | 31,998 | 34,753 | 33,250 | 39,412 | 43,442 | 44,784 | 52,843 | 70,151 | 61,203 | 69,415 | 89,440 | 78,188 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 10,085 | 18,426 | -7,632 | -5,801 | -9,413 | -29,384 | 32,686 | -34,215 | 40,905 | 16,465 | 9,748 | 27,571 | -32,694 | 23,935 | 49,099 |
| Creditors | 6,160 | 6,140 | 18,104 | -896 | -20,891 | -8,897 | 5,058 | 4,380 | 12,491 | 5,450 | 4,661 | -1,676 | -366 | 2,371 | 12,395 |
| Accruals and Deferred Income | 6,948 | 3,088 | 807 | 1,717 | -1,081 | -40,574 | 27,972 | 7,354 | 10,490 | 617 | 1,592 | -6,702 | -10,042 | 18,000 | 11,169 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | -8,245 | -9,431 | -68,151 | ||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | -8,245 | -9,431 | -68,151 | ||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -23,524 | 23,154 | 7,961 | 1,000 | 5,000 | -23,818 | 23,818 | ||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | 10,452 | -35,905 | -69,141 | 43,578 | -4,761 | 292,408 | -24,151 | -22,515 | 46,666 | ||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -9,267 | -4,171 | -4,402 | -1,273 | -886 | -903 | -1,113 | ||||||||
| cash flow from financing | -13,072 | -12,751 | -61,180 | 44,578 | -4,761 | 297,408 | -33,085 | -4,503 | 272,647 | 45,393 | -886 | -903 | 851,389 | ||
| cash and cash equivalents | |||||||||||||||
| cash | 20,443 | 71,261 | 37,179 | 155,753 | -13,831 | 140,747 | 110 | -46 | -158,438 | -21,152 | 16,150 | -75,428 | 19,002 | 58,333 | 161,592 |
| overdraft | -169,968 | 52,017 | 16,620 | 77,997 | 23,334 | ||||||||||
| change in cash | 20,443 | 71,261 | 37,179 | 155,753 | -13,831 | 310,715 | -51,907 | -16,666 | -236,435 | -44,486 | 16,150 | -75,428 | 19,002 | 58,333 | 161,592 |
derwent training association Credit Report and Business Information
Derwent Training Association Competitor Analysis
Perform a competitor analysis for derwent training association by selecting its closest rivals, whether from the EDUCATION sector, other small companies, companies in YO17 area or any other competitors across 12 key performance metrics.
derwent training association Ownership
DERWENT TRAINING ASSOCIATION group structure
Derwent Training Association has no subsidiary companies.
Ultimate parent company
DERWENT TRAINING ASSOCIATION
02262730
derwent training association directors
Derwent Training Association currently has 5 directors. The longest serving directors include Mr Richard Shaw (Nov 2011) and Mr Danny MacFarlane (Jun 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Shaw | 67 years | Nov 2011 | - | Director | |
| Mr Danny MacFarlane | 53 years | Jun 2017 | - | Director | |
| Ms Ann Watson | 54 years | Jul 2019 | - | Director | |
| Mrs Sarah Edwards | England | 39 years | Nov 2020 | - | Director |
| Ms Lucy Thompson | United Kingdom | 48 years | Nov 2021 | - | Director |
P&L
July 2024turnover
941.3k
0%
operating profit
62.1k
0%
gross margin
57%
+1.1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2024net assets
935.1k
+0.05%
total assets
1.3m
+0.03%
cash
411.7k
+0.05%
net assets
Total assets minus all liabilities
derwent training association company details
company number
02262730
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85590 - Other education n.e.c.
incorporation date
May 1988
age
37
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
July 2024
previous names
north yorkshire training services (February 2015)
accountant
-
auditor
FORTUS AUDIT LLP
address
hertford way, york road industrial park, malton, north yorkshire, YO17 6YG
Bank
SANTANDER UK
Legal Advisor
-
derwent training association 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 4 charges/mortgages relating to derwent training association. Currently there are 2 open charges and 2 have been satisfied in the past.
derwent training association 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.
Click to start generating capital raising & share issue transactions for DERWENT TRAINING ASSOCIATION. This can take several minutes, an email will notify you when this has completed.
derwent training association Companies House Filings - See Documents
| date | description | view/download |
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