national horseracing college limitedEstimated Valuation
£2.5m
Pomanda estimates the enterprise value of NATIONAL HORSERACING COLLEGE LIMITED at £2.5m based on a Turnover of £3.6m and 0.71x industry multiple (adjusted for size and gross margin).
national horseracing college limitedEstimated Valuation
£1.9m
Pomanda estimates the enterprise value of NATIONAL HORSERACING COLLEGE LIMITED at £1.9m based on an EBITDA of £394.6k and a 4.79x industry multiple (adjusted for size and gross margin).
national horseracing college limitedEstimated Valuation
£9.9m
Pomanda estimates the enterprise value of NATIONAL HORSERACING COLLEGE LIMITED at £9.9m based on Net Assets of £3.6m and 2.75x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
National Horseracing College LimitedOverview
National Horseracing College Limited is a live company located in great north road,, DN11 0HN with a Companies House number of 02266267. It operates in the technical and vocational secondary education sector, SIC Code 85320. Founded in June 1988, it's largest shareholder is
unknown.
National Horseracing College Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£3.6m with
healthy
growth in recent years.
Pomanda's financial health check has awarded National Horseracing College Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
5 Strong
5 Regular
2 Weak
Size
annual sales of £3.6m, make it larger than the average company (£769.5k)
£3.6m - National Horseracing College Limited
£769.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (8.5%)
9% - National Horseracing College Limited
8.5% - Industry AVG
Production
with a gross margin of 54.6%, this company has a comparable cost of product (54.6%)
54.6% - National Horseracing College Limited
54.6% - Industry AVG
Profitability
an operating margin of 7.5% make it more profitable than the average company (2.3%)
7.5% - National Horseracing College Limited
2.3% - Industry AVG
Employees
with 62 employees, this is above the industry average (17)
62 - National Horseracing College Limited
17 - Industry AVG
Pay Structure
on an average salary of £28.1k, the company has an equivalent pay structure (£33.5k)
£28.1k - National Horseracing College Limited
£33.5k - Industry AVG
Efficiency
resulting in sales per employee of £57.5k, this is equally as efficient (£63.1k)
£57.5k - National Horseracing College Limited
£63.1k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is near the average (16 days)
19 days - National Horseracing College Limited
16 days - Industry AVG
Creditor Days
its suppliers are paid after 32 days, this is slower than average (23 days)
32 days - National Horseracing College Limited
23 days - Industry AVG
Stock Days
it holds stock equivalent to 10 days, this is more than average (3 days)
10 days - National Horseracing College Limited
3 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 19 weeks, this is less cash available to meet short term requirements (76 weeks)
19 weeks - National Horseracing College Limited
76 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 14.2%, this is a lower level of debt than the average (30%)
14.2% - National Horseracing College Limited
30% - Industry AVG
NATIONAL HORSERACING COLLEGE LIMITED financials
EXPORT
National Horseracing College Limited's latest turnover from July 2024 is £3.6 million and the company has net assets of £3.6 million. According to their latest financial statements, National Horseracing College Limited has 62 employees and maintains cash reserves of £211.8 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
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Jul 2009
Turnover
3,565,643
3,094,701
2,716,418
2,768,243
2,738,773
2,369,614
2,161,556
2,167,468
1,829,994
2,039,732
1,926,757
1,702,129
1,651,644
1,750,491
1,602,349
1,501,988
Other Income Or Grants
Cost Of Sales
1,618,982
1,466,498
1,168,941
1,234,766
1,255,878
1,122,455
987,706
1,013,480
951,340
1,107,485
976,706
913,984
890,051
885,238
817,782
Gross Profit
1,946,661
1,628,203
1,547,477
1,533,477
1,482,895
1,247,159
1,173,850
1,153,988
878,654
932,247
950,051
788,145
761,593
865,253
784,567
Admin Expenses
1,679,555
1,801,792
1,611,183
1,249,180
1,113,178
1,174,671
1,093,104
1,009,105
936,511
772,880
753,224
654,131
759,733
687,440
1,114,390
37,994
Operating Profit
267,106
-173,589
-63,706
284,297
369,717
72,488
80,746
144,883
-57,857
159,367
196,827
134,014
1,860
177,813
-329,823
-37,994
Interest Payable
33,822
33,165
39,230
42,501
45,489
55,197
56,896
Interest Receivable
Pre-Tax Profit
202,844
-177,408
-77,439
209,252
274,803
29,819
33,409
86,257
-96,325
92,912
115,224
61,156
-54,604
89,112
-381,940
-62,071
Tax
Profit After Tax
202,844
-177,408
-77,439
209,252
274,803
29,819
33,409
86,257
-96,325
92,912
115,224
61,156
-54,604
89,112
-381,940
-62,071
Dividends Paid
Retained Profit
202,844
-177,408
-77,439
209,252
274,803
29,819
33,409
86,257
-96,325
92,912
115,224
61,156
-54,604
89,112
-381,940
-62,071
Employee Costs
1,739,346
1,778,405
1,436,494
1,284,274
1,264,075
1,166,827
1,078,570
970,356
856,082
836,006
811,150
725,628
793,937
732,115
824,511
722,895
Number Of Employees
62
59
51
48
46
43
38
35
32
33
30
30
32
29
30
27
EBITDA*
394,606
-50,706
54,974
382,405
458,659
166,606
167,047
228,997
15,943
235,539
263,046
196,935
77,380
301,721
-198,152
88,994
* 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
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Jul 2009
Tangible Assets
3,111,039
3,133,378
3,062,162
2,894,369
2,857,743
2,899,789
2,920,737
2,945,861
2,938,646
2,970,845
2,886,236
2,775,689
2,816,524
2,882,158
3,013,352
2,996,392
Intangible Assets
Investments & Other
629,000
441,000
Debtors (Due After 1 year)
Total Fixed Assets
3,740,039
3,574,378
3,062,162
2,894,369
2,857,743
2,899,789
2,920,737
2,945,861
2,938,646
2,970,845
2,886,236
2,775,689
2,816,524
2,882,158
3,013,352
2,996,392
Stock & work in progress
45,588
52,260
19,235
31,492
35,438
31,403
17,746
27,840
16,007
12,785
15,798
18,037
15,551
21,661
17,042
7,978
Trade Debtors
192,068
42,239
49,197
108,016
54,197
28,065
81,121
85,603
36,629
54,273
58,868
61,289
60,473
63,135
22,930
32,834
Group Debtors
Misc Debtors
7,147
2,012
47,821
68,800
31,156
7,457
16,592
66,661
10,248
6,574
54,422
22,560
7,984
20,707
59,515
67,471
Cash
211,757
97,917
245,714
591,481
551,748
238,156
196,228
137,608
108,396
124,779
106,045
191,724
50,763
121,818
14,595
46,369
misc current assets
total current assets
456,560
194,428
361,967
799,789
672,539
305,081
311,687
317,712
171,280
198,411
235,133
293,610
134,771
227,321
114,082
154,652
total assets
4,196,599
3,768,806
3,424,129
3,694,158
3,530,282
3,204,870
3,232,424
3,263,573
3,109,926
3,169,256
3,121,369
3,069,299
2,951,295
3,109,479
3,127,434
3,151,044
Bank overdraft
3
50,853
80,522
63,058
204,932
126,230
122,047
127,515
101,728
31,822
Bank loan
6,233
72,438
68,292
64,268
61,440
52,157
53,822
Trade Creditors
142,107
130,004
160,354
154,846
69,971
111,904
172,493
153,731
172,413
149,833
119,643
98,308
120,624
89,243
145,797
119,859
Group/Directors Accounts
other short term finances
hp & lease commitments
44,281
20,023
16,726
8,695
9,454
4,228
4,228
5,478
5,271
5,271
5,271
other current liabilities
379,955
310,660
177,157
198,778
239,407
168,723
152,002
194,958
210,355
175,854
113,360
98,618
72,529
145,131
244,247
31,362
total current liabilities
572,576
533,125
422,529
426,587
380,272
337,015
382,545
405,020
468,561
394,016
443,206
323,156
315,200
361,889
491,772
183,043
loans
6,233
78,671
311,963
432,257
465,590
533,711
602,683
504,357
553,635
526,198
733,985
716,093
784,984
762,168
712,567
hp & lease commitments
23,517
23,786
18,859
1,099
6,496
5,811
10,533
15,644
3,039
8,311
13,583
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
23,517
30,019
261,530
1,987,062
2,321,753
1,816,401
1,344,244
1,742,327
1,757,396
1,406,946
1,234,781
1,432,985
1,355,093
784,984
762,168
712,567
total liabilities
596,093
563,144
684,059
2,413,649
2,702,025
2,153,416
1,726,789
2,147,347
2,225,957
1,800,962
1,677,987
1,756,141
1,670,293
1,146,873
1,253,940
895,610
net assets
3,600,506
3,205,662
2,740,070
1,280,509
828,257
1,051,454
1,505,635
1,116,226
883,969
1,368,294
1,443,382
1,313,158
1,281,002
1,962,606
1,873,494
2,255,434
total shareholders funds
3,600,506
3,205,662
2,740,070
1,280,509
828,257
1,051,454
1,505,635
1,116,226
883,969
1,368,294
1,443,382
1,313,158
1,281,002
1,962,606
1,873,494
2,255,434
Jul 2024
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
Jul 2010
Jul 2009
Operating Activities
Operating Profit
267,106
-173,589
-63,706
284,297
369,717
72,488
80,746
144,883
-57,857
159,367
196,827
134,014
1,860
177,813
-329,823
-37,994
Depreciation
127,500
122,883
118,680
98,108
88,942
94,118
86,301
84,114
73,800
76,172
66,219
62,921
75,520
123,908
131,671
126,988
Amortisation
Tax
Stock
-6,672
33,025
-12,257
-3,946
4,035
13,657
-10,094
11,833
3,222
-3,013
-2,239
2,486
-6,110
4,619
9,064
7,978
Debtors
154,964
-52,767
-79,798
91,463
49,831
-62,191
-54,551
105,387
-13,970
-52,443
29,441
15,392
-15,385
1,397
-17,860
100,305
Creditors
12,103
-30,350
5,508
84,875
-41,933
-60,589
18,762
-18,682
22,580
30,190
21,335
-22,316
31,381
-56,554
25,938
119,859
Accruals and Deferred Income
69,295
133,503
-21,621
-40,629
70,684
16,721
-42,956
-15,397
34,501
62,494
14,742
26,089
-72,602
-99,116
212,885
31,362
Deferred Taxes & Provisions
Cash flow from operations
327,712
72,189
130,916
339,134
433,544
171,272
207,498
77,698
83,772
383,679
271,921
182,830
57,654
140,035
49,467
131,932
Investing Activities
capital expenditure
-68,760
-91,329
-41,601
-176,766
-22,086
-9,886
7,286
-148,631
-3,123,380
Change in Investments
188,000
441,000
cash flow from investments
-188,000
-441,000
-68,760
-91,329
-41,601
-176,766
-22,086
-9,886
7,286
-148,631
-3,123,380
Financing Activities
Bank loans
-66,205
4,146
4,024
2,828
9,283
-1,665
53,822
Group/Directors Accounts
Other Short Term Loans
Long term loans
-6,233
-72,438
-233,292
-120,294
-33,333
-68,121
-68,972
98,326
-49,278
27,437
-207,787
17,892
-68,891
22,816
49,601
712,567
Hire Purchase and Lease Commitments
23,989
8,224
25,791
-6,156
5,911
-4,722
-6,361
12,812
-5,272
-5,272
18,854
other long term liabilities
share issue
192,000
643,000
1,537,000
243,000
-498,000
-484,000
356,000
146,000
-388,000
-168,000
15,000
-29,000
-627,000
2,317,505
interest
-33,822
-33,165
-39,230
-42,501
-45,489
-55,197
-56,896
cash flow from financing
143,551
582,932
1,333,523
119,378
-516,139
-558,508
300,667
223,973
-481,780
-188,336
-219,422
-66,305
-752,787
22,816
49,601
3,030,072
cash and cash equivalents
cash
113,840
-147,797
-345,767
39,733
313,592
41,928
58,620
29,212
-16,383
18,734
-85,679
140,961
-71,055
107,223
-31,774
46,369
overdraft
-3
3
-50,853
-29,669
17,464
-141,874
78,702
4,183
-5,468
25,787
69,906
31,822
change in cash
113,840
-147,797
-345,767
39,733
313,595
41,925
109,473
58,881
-33,847
160,608
-164,381
136,778
-65,587
81,436
-101,680
14,547
national horseracing college limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for national horseracing college limited. Get real-time insights into national horseracing college limited's credit score, group structure and payment trends.
National Horseracing College Limited Competitor Analysis
Perform a competitor analysis for national horseracing college limited by selecting its closest rivals, whether from the EDUCATION sector, other small companies, companies in DN11 area or any other competitors across 12 key performance metrics.
national horseracing college limited Ownership
NATIONAL HORSERACING COLLEGE LIMITED group structure
National Horseracing College Limited has 1 subsidiary company.
The sole shareholder of National Horseracing College Limited is -.
-
-
national horseracing college limited directors
National Horseracing College Limited currently has 11 directors.
The longest serving directors include
Mr Tim Lyle (Nov 1994) and
Mr James Hetherton (Dec 2005).
national horseracing college limited company details
company number
02266267
Type
Private Ltd By Guarantee w/o Share Cap
industry
85320 - Technical and vocational secondary education
incorporation date
June 1988
age
37
incorporated
UK
ultimate parent company
None
accounts
Group
last accounts submitted
July 2024
previous names
northern racing college (August 2019)
south yorkshire training trust (October 2010)
accountant
-
auditor
SUTTON MCGRATH HARTLEY
address
the stables, rossington hall, great north road,, doncaster,s yorks, DN11 0HN
Bank
YORKSHIRE BANK PLC
Legal Advisor
JORDANS
national horseracing college 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 4 charges/mortgages relating to national horseracing college limited. Currently there are 4 open charges and 0 have been satisfied in the past.
national horseracing college limited 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 NATIONAL HORSERACING COLLEGE LIMITED. This can take several minutes, an email will notify you when this has completed.
national horseracing college limitedCompanies House Filings - See Documents
