the royal national college for the blind
the royal national college for the blind Company Information
Group Structure
View All
Industry
Sports and recreation education
+2Registered Address
thepoint4 venns lane, hereford, HR1 1DT
Website
http://www.rncb.ac.ukthe royal national college for the blind Estimated Valuation
Pomanda estimates the enterprise value of THE ROYAL NATIONAL COLLEGE FOR THE BLIND at £6.9m based on a Turnover of £7.6m and 0.91x industry multiple (adjusted for size and gross margin).
the royal national college for the blind Estimated Valuation
Pomanda estimates the enterprise value of THE ROYAL NATIONAL COLLEGE FOR THE BLIND at £7.5m based on an EBITDA of £1.3m and a 5.73x industry multiple (adjusted for size and gross margin).
the royal national college for the blind Estimated Valuation
Pomanda estimates the enterprise value of THE ROYAL NATIONAL COLLEGE FOR THE BLIND at £30.9m based on Net Assets of £10.8m and 2.87x industry multiple (adjusted for liquidity).
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The Royal National College For The Blind Overview
The Royal National College For The Blind is a live company located in hereford, HR1 1DT with a Companies House number of 02367626. It operates in the technical and vocational secondary education sector, SIC Code 85320. Founded in April 1989, it's largest shareholder is unknown. The Royal National College For The Blind is a mature, mid sized company, Pomanda has estimated its turnover at £7.6m with healthy growth in recent years.
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The Royal National College For The Blind Health Check
Pomanda's financial health check has awarded The Royal National College For The Blind a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 1 areas for improvement. Company Health Check FAQs
6 Strong
4 Regular
1 Weak
Size
annual sales of £7.6m, make it larger than the average company (£757.6k)
£7.6m - The Royal National College For The Blind
£757.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (5.6%)
10% - The Royal National College For The Blind
5.6% - Industry AVG
Production
with a gross margin of 52.5%, this company has a comparable cost of product (52.5%)
52.5% - The Royal National College For The Blind
52.5% - Industry AVG
Profitability
an operating margin of 12.4% make it more profitable than the average company (4.4%)
12.4% - The Royal National College For The Blind
4.4% - Industry AVG
Employees
with 150 employees, this is above the industry average (19)
150 - The Royal National College For The Blind
19 - Industry AVG
Pay Structure
on an average salary of £29.9k, the company has an equivalent pay structure (£28k)
£29.9k - The Royal National College For The Blind
£28k - Industry AVG
Efficiency
resulting in sales per employee of £50.5k, this is equally as efficient (£53.8k)
£50.5k - The Royal National College For The Blind
£53.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - The Royal National College For The Blind
- - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (31 days)
9 days - The Royal National College For The Blind
31 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (7 days)
0 days - The Royal National College For The Blind
7 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 122 weeks, this is more cash available to meet short term requirements (84 weeks)
122 weeks - The Royal National College For The Blind
84 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 31.1%, this is a similar level of debt than the average (32.9%)
31.1% - The Royal National College For The Blind
32.9% - Industry AVG
THE ROYAL NATIONAL COLLEGE FOR THE BLIND financials
The Royal National College For The Blind's latest turnover from July 2023 is £7.6 million and the company has net assets of £10.8 million. According to their latest financial statements, The Royal National College For The Blind has 150 employees and maintains cash reserves of £1.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 7,578,000 | 7,761,000 | 5,620,000 | 5,635,000 | 5,827,000 | 6,173,000 | 6,709,000 | 6,608,000 | 6,845,000 | 6,960,000 | 7,465,000 | 7,122,000 | 8,014,000 | 7,855,000 | 12,076,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | -1,502,000 | -742,000 | -29,000 | 4,040,000 | |||||||||||
| Interest Payable | 155,000 | 173,000 | 175,000 | 180,000 | 190,000 | 141,000 | 97,000 | 115,000 | 571,000 | ||||||
| Interest Receivable | 14,000 | 26,000 | 18,000 | 593,000 | |||||||||||
| Pre-Tax Profit | 613,000 | 1,594,000 | 107,000 | -65,000 | -1,175,000 | -2,680,000 | 93,000 | -260,000 | -17,000 | 75,000 | -181,000 | -1,488,000 | -716,000 | -11,000 | 4,096,000 |
| Tax | |||||||||||||||
| Profit After Tax | 613,000 | 1,594,000 | 107,000 | -65,000 | -1,175,000 | -2,680,000 | 93,000 | -260,000 | -17,000 | 75,000 | -181,000 | -1,488,000 | -716,000 | -11,000 | 4,096,000 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 613,000 | 1,594,000 | 107,000 | -65,000 | -1,175,000 | -2,680,000 | 93,000 | -260,000 | -17,000 | 75,000 | -181,000 | -1,488,000 | -716,000 | -11,000 | 4,096,000 |
| Employee Costs | 4,478,000 | 4,073,000 | 3,648,000 | 3,600,000 | 4,326,000 | 4,324,000 | 4,227,000 | 4,453,000 | 4,536,000 | 4,545,000 | 5,135,000 | 5,947,000 | 5,262,000 | 5,317,000 | 5,690,000 |
| Number Of Employees | 150 | 153 | 138 | 138 | 162 | 167 | 168 | 168 | 147 | 148 | 160 | 197 | 198 | 200 | 217 |
| EBITDA* | -860,000 | 315,000 | 999,000 | 4,658,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 13,177,000 | 13,059,000 | 13,125,000 | 12,945,000 | 12,313,000 | 14,546,000 | 16,655,000 | 16,945,000 | 17,269,000 | 17,515,000 | 18,484,000 | 22,388,000 | 24,658,000 | 33,401,000 | 33,314,000 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 350,000 | 350,000 | 641,000 | 1,035,000 | 1,833,000 | 5,383,000 | 5,838,000 | 6,328,000 | 6,700,000 | 6,791,000 | 5,723,000 | 1,961,000 | 655,000 | 617,000 | 576,000 |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 13,527,000 | 13,409,000 | 13,766,000 | 13,980,000 | 14,146,000 | 19,929,000 | 22,493,000 | 23,273,000 | 23,969,000 | 24,306,000 | 24,207,000 | 24,349,000 | 25,313,000 | 34,018,000 | 33,890,000 |
| Stock & work in progress | 6,000 | 6,000 | 5,000 | 1,000 | 2,000 | 4,000 | 4,000 | 4,000 | 13,000 | 5,000 | 3,000 | 13,000 | 40,000 | 45,000 | 55,000 |
| Trade Debtors | 73,000 | 67,000 | 28,000 | 216,000 | 156,000 | 160,000 | 198,000 | 233,000 | 342,000 | 238,000 | |||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 228,000 | 390,000 | 151,000 | 177,000 | 283,000 | 182,000 | 423,000 | 332,000 | 177,000 | 208,000 | 174,000 | 309,000 | 515,000 | 436,000 | 1,052,000 |
| Cash | 1,868,000 | 1,579,000 | 712,000 | 1,043,000 | 1,239,000 | 35,000 | 56,000 | 37,000 | 110,000 | 15,000 | 43,000 | 27,000 | 196,000 | 992,000 | 365,000 |
| misc current assets | 455,000 | 490,000 | |||||||||||||
| total current assets | 2,102,000 | 1,975,000 | 868,000 | 1,221,000 | 1,524,000 | 749,000 | 1,040,000 | 401,000 | 516,000 | 384,000 | 380,000 | 547,000 | 984,000 | 1,815,000 | 1,710,000 |
| total assets | 15,629,000 | 15,384,000 | 14,634,000 | 15,201,000 | 15,670,000 | 20,678,000 | 23,533,000 | 23,674,000 | 24,485,000 | 24,690,000 | 24,587,000 | 24,896,000 | 26,297,000 | 35,833,000 | 35,600,000 |
| Bank overdraft | 672,000 | 642,000 | 618,000 | 500,000 | 449,000 | 326,000 | 240,000 | 377,000 | 14,000 | ||||||
| Bank loan | 156,000 | 156,000 | 192,000 | 188,000 | 96,000 | 96,000 | 288,000 | 288,000 | 288,000 | 198,000 | 5,905,000 | 6,010,000 | 1,780,000 | 1,144,000 | |
| Trade Creditors | 97,000 | 136,000 | 190,000 | 112,000 | 110,000 | 169,000 | 167,000 | 121,000 | 126,000 | 252,000 | 118,000 | 154,000 | 126,000 | 141,000 | 342,000 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | 3,000 | 6,000 | 6,000 | 7,000 | |||||||||||
| hp & lease commitments | 26,000 | 9,000 | 28,000 | 28,000 | 28,000 | 32,000 | 11,000 | 26,000 | 25,000 | 25,000 | 25,000 | 57,000 | 57,000 | 61,000 | |
| other current liabilities | 517,000 | 462,000 | 435,000 | 446,000 | 484,000 | 595,000 | 646,000 | 548,000 | 521,000 | 390,000 | 513,000 | 614,000 | 541,000 | 594,000 | 699,000 |
| total current liabilities | 796,000 | 763,000 | 845,000 | 774,000 | 718,000 | 1,564,000 | 1,754,000 | 1,601,000 | 1,463,000 | 1,320,000 | 6,893,000 | 7,025,000 | 2,881,000 | 1,950,000 | 1,102,000 |
| loans | 1,634,000 | 1,789,000 | 2,155,000 | 2,587,000 | 2,772,000 | 4,586,000 | 4,586,000 | 4,859,000 | 5,147,000 | 5,350,000 | 9,000 | 15,000 | 4,418,000 | 6,197,000 | 6,852,000 |
| hp & lease commitments | 83,000 | 9,000 | 37,000 | 66,000 | 93,000 | 4,000 | 7,000 | 32,000 | 57,000 | 83,000 | 57,000 | 114,000 | |||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 4,062,000 | 3,158,000 | 4,736,000 | 5,987,000 | 6,050,000 | 9,854,000 | 10,950,000 | 10,259,000 | 10,379,000 | 10,238,000 | 4,574,000 | 5,121,000 | 6,927,000 | 9,416,000 | 9,399,000 |
| total liabilities | 4,858,000 | 3,921,000 | 5,581,000 | 6,761,000 | 6,768,000 | 11,418,000 | 12,704,000 | 11,860,000 | 11,842,000 | 11,558,000 | 11,467,000 | 12,146,000 | 9,808,000 | 11,366,000 | 10,501,000 |
| net assets | 10,771,000 | 11,463,000 | 9,053,000 | 8,440,000 | 8,902,000 | 9,260,000 | 10,829,000 | 11,814,000 | 12,643,000 | 13,132,000 | 13,120,000 | 12,750,000 | 16,489,000 | 24,467,000 | 25,099,000 |
| total shareholders funds | 10,771,000 | 11,463,000 | 9,053,000 | 8,440,000 | 8,902,000 | 9,260,000 | 10,829,000 | 11,814,000 | 12,643,000 | 13,132,000 | 13,120,000 | 12,750,000 | 16,489,000 | 24,467,000 | 25,099,000 |
| 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 | -1,502,000 | -742,000 | -29,000 | 4,040,000 | |||||||||||
| Depreciation | 371,000 | 347,000 | 315,000 | 278,000 | 296,000 | 333,000 | 319,000 | 365,000 | 370,000 | 406,000 | 555,000 | 642,000 | 1,057,000 | 1,028,000 | 618,000 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | 1,000 | 4,000 | -1,000 | -2,000 | -9,000 | 8,000 | 2,000 | -10,000 | -27,000 | -5,000 | -10,000 | 55,000 | |||
| Debtors | -162,000 | 239,000 | -26,000 | -106,000 | 28,000 | -235,000 | 130,000 | -33,000 | 29,000 | 30,000 | -173,000 | -241,000 | -30,000 | -512,000 | 1,290,000 |
| Creditors | -39,000 | -54,000 | 78,000 | 2,000 | -59,000 | 2,000 | 46,000 | -5,000 | -126,000 | 134,000 | -36,000 | 28,000 | -15,000 | -201,000 | 342,000 |
| Accruals and Deferred Income | 55,000 | 27,000 | -11,000 | -38,000 | -111,000 | -51,000 | 98,000 | 27,000 | 131,000 | -123,000 | -101,000 | 73,000 | -53,000 | -105,000 | 699,000 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | -491,000 | 282,000 | 1,215,000 | 4,354,000 | |||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | 657,000 | -28,000 | -32,000 | -31,000 | -116,000 | -379,000 | 302,000 | -348,000 | -1,111,000 | -9,976,000 | |||||
| Change in Investments | -291,000 | -394,000 | -798,000 | -3,550,000 | -455,000 | -490,000 | -372,000 | -91,000 | 1,068,000 | 3,762,000 | 1,306,000 | 38,000 | 41,000 | 576,000 | |
| cash flow from investments | 291,000 | 394,000 | 798,000 | 3,550,000 | 1,112,000 | 462,000 | 340,000 | 60,000 | -1,184,000 | -4,141,000 | -1,004,000 | -386,000 | -1,152,000 | -10,552,000 | |
| Financing Activities | |||||||||||||||
| Bank loans | -36,000 | 4,000 | 92,000 | -192,000 | 90,000 | -5,707,000 | -105,000 | 4,230,000 | 636,000 | 1,144,000 | |||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | -3,000 | -3,000 | -1,000 | 7,000 | |||||||||||
| Long term loans | -155,000 | -366,000 | -432,000 | -185,000 | -1,814,000 | -273,000 | -288,000 | -203,000 | 5,341,000 | -6,000 | -4,403,000 | -1,779,000 | -655,000 | 6,852,000 | |
| Hire Purchase and Lease Commitments | 100,000 | -28,000 | -28,000 | -29,000 | -31,000 | 110,000 | -18,000 | -24,000 | -25,000 | -26,000 | 108,000 | -57,000 | -57,000 | -61,000 | 175,000 |
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -155,000 | -173,000 | -175,000 | -180,000 | -190,000 | -127,000 | -71,000 | -97,000 | 22,000 | ||||||
| cash flow from financing | -1,360,000 | 386,000 | 50,000 | -519,000 | -1,028,000 | 1,029,000 | -1,524,000 | -1,057,000 | -788,000 | -635,000 | 357,000 | -2,601,000 | -8,533,000 | -290,000 | 28,052,000 |
| cash and cash equivalents | |||||||||||||||
| cash | 289,000 | 867,000 | -331,000 | -196,000 | 1,204,000 | -21,000 | 19,000 | -73,000 | 95,000 | -28,000 | 16,000 | -169,000 | -796,000 | 627,000 | 365,000 |
| overdraft | -672,000 | 30,000 | 24,000 | 118,000 | 51,000 | 123,000 | 86,000 | -137,000 | 363,000 | 14,000 | |||||
| change in cash | 289,000 | 867,000 | -331,000 | -196,000 | 1,876,000 | -51,000 | -5,000 | -191,000 | 44,000 | -151,000 | -70,000 | -32,000 | -1,159,000 | 613,000 | 365,000 |
the royal national college for the blind Credit Report and Business Information
The Royal National College For The Blind Competitor Analysis
Perform a competitor analysis for the royal national college for the blind by selecting its closest rivals, whether from the EDUCATION sector, other mid companies, companies in HR1 area or any other competitors across 12 key performance metrics.
the royal national college for the blind Ownership
THE ROYAL NATIONAL COLLEGE FOR THE BLIND group structure
The Royal National College For The Blind has 1 subsidiary company.
Ultimate parent company
THE ROYAL NATIONAL COLLEGE FOR THE BLIND
02367626
1 subsidiary
the royal national college for the blind directors
The Royal National College For The Blind currently has 13 directors. The longest serving directors include Mr Peter Flynn (May 2015) and Mr Jonathan Brew (Jul 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Flynn | United Kingdom | 52 years | May 2015 | - | Director |
| Mr Jonathan Brew | 69 years | Jul 2015 | - | Director | |
| Mr Jeremy Clarke-Morris | United Kingdom | 52 years | Nov 2016 | - | Director |
| Miss Kerry Diamond | United Kingdom | 66 years | Oct 2017 | - | Director |
| Mr Simon Hairsnape | United Kingdom | 66 years | Oct 2017 | - | Director |
| Mrs Suzanne Penny | United Kingdom | 79 years | Jul 2018 | - | Director |
| Mrs Lucy Proctor | United Kingdom | 53 years | Jul 2021 | - | Director |
| Ms Jennifer Barnes | United Kingdom | 39 years | Feb 2022 | - | Director |
| Mrs Sonya Bryson | United Kingdom | 47 years | Feb 2022 | - | Director |
| Ms Jennifer Barnes | United Kingdom | 39 years | Feb 2022 | - | Director |
P&L
July 2023turnover
7.6m
-2%
operating profit
936.6k
0%
gross margin
52.6%
-7.75%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
10.8m
-0.06%
total assets
15.6m
+0.02%
cash
1.9m
+0.18%
net assets
Total assets minus all liabilities
the royal national college for the blind company details
company number
02367626
Type
Private Ltd By Guarantee w/o Share Cap
industry
85320 - Technical and vocational secondary education
85510 - Sports and recreation education
85410 - Post-secondary non-tertiary education
incorporation date
April 1989
age
36
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
CROWE UK LLP
address
thepoint4 venns lane, hereford, HR1 1DT
Bank
BARCLAYS BANK PLC, BARCLAYS BANK PLC
Legal Advisor
EVERSHEDS LLP
the royal national college for the blind 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 16 charges/mortgages relating to the royal national college for the blind. Currently there are 10 open charges and 6 have been satisfied in the past.
the royal national college for the blind 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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the royal national college for the blind Companies House Filings - See Documents
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