worldskills uk
worldskills uk Company Information
Group Structure
View All
Industry
Other education n.e.c.
+1Registered Address
52-54 52-54 st john street, london, EC1M 4HF
Website
www.worldskillsuk.orgworldskills uk Estimated Valuation
Pomanda estimates the enterprise value of WORLDSKILLS UK at £6.3m based on a Turnover of £8m and 0.8x industry multiple (adjusted for size and gross margin).
worldskills uk Estimated Valuation
Pomanda estimates the enterprise value of WORLDSKILLS UK at £0 based on an EBITDA of £-444.6k and a 4.88x industry multiple (adjusted for size and gross margin).
worldskills uk Estimated Valuation
Pomanda estimates the enterprise value of WORLDSKILLS UK at £6.8m based on Net Assets of £2.8m and 2.41x industry multiple (adjusted for liquidity).
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Worldskills Uk Overview
Worldskills Uk is a live company located in london, EC1M 4HF with a Companies House number of 02535199. It operates in the other education n.e.c. sector, SIC Code 85590. Founded in August 1990, it's largest shareholder is unknown. Worldskills Uk is a mature, mid sized company, Pomanda has estimated its turnover at £8m with healthy growth in recent years.
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Worldskills Uk Health Check
Pomanda's financial health check has awarded Worldskills Uk a 4 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 £8m, make it larger than the average company (£413.6k)
£8m - Worldskills Uk
£413.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (7.4%)
6% - Worldskills Uk
7.4% - Industry AVG
Production
with a gross margin of 63.5%, this company has a comparable cost of product (63.5%)
63.5% - Worldskills Uk
63.5% - Industry AVG
Profitability
an operating margin of -8.4% make it less profitable than the average company (4%)
-8.4% - Worldskills Uk
4% - Industry AVG
Employees
with 49 employees, this is above the industry average (10)
49 - Worldskills Uk
10 - Industry AVG
Pay Structure
on an average salary of £61k, the company has a higher pay structure (£28k)
£61k - Worldskills Uk
£28k - Industry AVG
Efficiency
resulting in sales per employee of £162.7k, this is more efficient (£51.1k)
£162.7k - Worldskills Uk
£51.1k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (20 days)
6 days - Worldskills Uk
20 days - Industry AVG
Creditor Days
its suppliers are paid after 53 days, this is slower than average (22 days)
53 days - Worldskills Uk
22 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Worldskills Uk
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 77 weeks, this is less cash available to meet short term requirements (111 weeks)
77 weeks - Worldskills Uk
111 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 27.6%, this is a similar level of debt than the average (26.3%)
27.6% - Worldskills Uk
26.3% - Industry AVG
WORLDSKILLS UK financials
Worldskills Uk's latest turnover from March 2024 is £8 million and the company has net assets of £2.8 million. According to their latest financial statements, Worldskills Uk has 49 employees and maintains cash reserves of £1.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 7,970,487 | 8,631,963 | 8,778,729 | 6,770,866 | 10,123,418 | 10,282,609 | 9,473,217 | 10,253,184 | 10,847,373 | 14,961,313 | 13,839,030 | 6,153,014 | 23,894,514 | 29,493,013 | 12,066,527 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | -560,112 | -244,129 | 303,453 | 555,563 | 36,603 | -412,875 | 263,472 | 510,101 | -920,065 | -748,024 | -3,849,885 | -4,644,804 | -7,851,302 | 19,607,435 | -994,004 |
| Tax | |||||||||||||||
| Profit After Tax | -560,112 | -244,129 | 303,453 | 555,563 | 36,603 | -412,875 | 263,472 | 510,101 | -920,065 | -748,024 | -3,849,885 | -4,644,804 | -7,851,302 | 19,607,435 | -994,004 |
| Dividends Paid | |||||||||||||||
| Retained Profit | -560,112 | -244,129 | 303,453 | 555,563 | 36,603 | -412,875 | 263,472 | 510,101 | -920,065 | -748,024 | -3,849,885 | -4,644,804 | -7,851,302 | 19,607,435 | -994,004 |
| Employee Costs | 2,988,791 | 3,540,990 | 3,329,826 | 2,988,433 | 2,907,698 | 2,464,696 | 2,210,618 | 2,299,535 | 2,470,520 | 2,793,443 | 2,120,173 | 1,915,725 | 3,543,446 | 2,732,212 | 2,196,181 |
| Number Of Employees | 49 | 54 | 57 | 53 | 49 | 41 | 40 | 39 | 44 | 57 | 44 | 35 | 62 | 82 | 50 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 89,043 | 24,917 | 89,856 | 164,558 | 35,515 | 29,540 | 4,163 | 26,218 | 172,046 | 521,680 | 428,451 | 489,071 | 19,819 | 115,638 | |
| Intangible Assets | 461,690 | 470,335 | 583,641 | 625,998 | 490,048 | 202,500 | |||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 550,733 | 495,252 | 673,497 | 790,556 | 525,563 | 232,040 | 4,163 | 26,218 | 172,046 | 521,680 | 428,451 | 489,071 | 19,819 | 115,638 | |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 136,002 | 158,862 | 163,460 | 244,632 | 131,509 | 17,318 | 15,634 | 97,477 | 1,415,146 | 1,800,921 | 1,068,777 | 137,481 | 785,887 | 263,503 | |
| Group Debtors | |||||||||||||||
| Misc Debtors | 1,610,850 | 1,012,678 | 2,111,040 | 1,981,388 | 1,180,027 | 2,514,706 | 797,742 | 887,603 | 407,859 | 715,864 | 1,024,798 | 5,838,887 | 394,875 | 1,187,600 | 223,707 |
| Cash | 1,604,898 | 2,443,117 | 1,413,544 | 1,615,299 | 1,616,856 | 1,218,210 | 3,498,848 | 3,849,130 | 2,555,691 | 2,708,231 | 8,269,802 | 9,937,249 | 13,782,794 | 23,264,463 | 1,644,874 |
| misc current assets | 1,000,000 | ||||||||||||||
| total current assets | 3,351,750 | 3,614,657 | 3,688,044 | 3,841,319 | 2,796,883 | 3,864,425 | 4,313,908 | 4,752,367 | 4,061,027 | 4,839,241 | 11,095,521 | 16,844,913 | 14,315,150 | 25,237,950 | 2,132,084 |
| total assets | 3,902,483 | 4,109,909 | 4,361,541 | 4,631,875 | 3,322,446 | 4,096,465 | 4,313,908 | 4,756,530 | 4,087,245 | 5,011,287 | 11,617,201 | 17,273,364 | 14,804,221 | 25,257,769 | 2,247,722 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 426,316 | 312,341 | 447,485 | 927,861 | 337,665 | 873,000 | 677,704 | 687,775 | 757,102 | 1,155,858 | 209,800 | 73,156 | 185,092 | 1,525,368 | 1,113,412 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 650,490 | 411,780 | 284,139 | 377,550 | 213,880 | 489,167 | 489,031 | 1,185,054 | 956,543 | 561,764 | 7,365,712 | 9,308,634 | 2,082,751 | 3,344,721 | 354,065 |
| total current liabilities | 1,076,806 | 724,121 | 731,624 | 1,305,411 | 551,545 | 1,362,167 | 1,166,735 | 1,872,829 | 1,713,645 | 1,717,622 | 7,575,512 | 9,381,790 | 2,267,843 | 4,870,089 | 1,467,477 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 1,076,806 | 724,121 | 731,624 | 1,305,411 | 551,545 | 1,362,167 | 1,166,735 | 1,872,829 | 1,713,645 | 1,717,622 | 7,575,512 | 9,381,790 | 2,267,843 | 4,870,089 | 1,467,477 |
| net assets | 2,825,677 | 3,385,788 | 3,629,917 | 3,326,464 | 2,770,901 | 2,734,298 | 3,147,173 | 2,883,701 | 2,373,600 | 3,293,665 | 4,041,689 | 7,891,574 | 12,536,378 | 20,387,680 | 780,245 |
| total shareholders funds | 2,825,677 | 3,385,788 | 3,629,917 | 3,326,464 | 2,770,901 | 2,734,298 | 3,147,173 | 2,883,701 | 2,373,600 | 3,293,665 | 4,041,689 | 7,891,574 | 12,536,378 | 20,387,680 | 780,245 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 27,683 | 89,633 | 90,831 | 100,314 | 21,298 | 14,770 | 4,163 | 22,055 | 158,310 | 361,443 | 265,955 | 211,027 | 186,072 | 144,209 | 42,569 |
| Amortisation | 194,092 | 175,501 | 151,455 | 112,737 | 9,448 | ||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 575,312 | -1,102,960 | 48,480 | 1,045,993 | -1,466,188 | 1,831,155 | -88,177 | 397,901 | -1,625,674 | -694,709 | -4,081,945 | 6,375,308 | -1,441,131 | 1,486,277 | 487,210 |
| Creditors | 113,975 | -135,144 | -480,376 | 590,196 | -535,335 | 195,296 | -10,071 | -69,327 | -398,756 | 946,058 | 136,644 | -111,936 | -1,340,276 | 411,956 | 1,113,412 |
| Accruals and Deferred Income | 238,710 | 127,641 | -93,411 | 163,670 | -275,287 | 136 | -696,023 | 228,511 | 394,779 | -6,803,948 | -1,942,922 | 7,225,883 | -1,261,970 | 2,990,656 | 354,065 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | -246,810 | 1,000,000 | -1,012,482 | -11,809 | -388,146 | -176,274 | -655,324 | -136,169 | -136,169 | ||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | -246,810 | 1,000,000 | -1,012,482 | -11,809 | -388,146 | -176,274 | -655,324 | -136,169 | -136,169 | ||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | 1 | 1,774,249 | |||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -838,219 | 1,029,573 | -201,755 | -1,557 | 398,646 | -2,280,638 | -350,282 | 1,293,439 | -152,540 | -5,561,571 | -1,667,447 | -3,845,545 | -9,481,669 | 21,619,589 | 1,644,874 |
| overdraft | |||||||||||||||
| change in cash | -838,219 | 1,029,573 | -201,755 | -1,557 | 398,646 | -2,280,638 | -350,282 | 1,293,439 | -152,540 | -5,561,571 | -1,667,447 | -3,845,545 | -9,481,669 | 21,619,589 | 1,644,874 |
worldskills uk Credit Report and Business Information
Worldskills Uk Competitor Analysis
Perform a competitor analysis for worldskills uk by selecting its closest rivals, whether from the EDUCATION sector, other mid companies, companies in EC1M area or any other competitors across 12 key performance metrics.
worldskills uk Ownership
WORLDSKILLS UK group structure
Worldskills Uk has 1 subsidiary company.
worldskills uk directors
Worldskills Uk currently has 10 directors. The longest serving directors include Mrs Marion Plant (May 2014) and Mr Michael James (Jun 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Marion Plant | England | 63 years | May 2014 | - | Director |
| Mr Michael James | England | 60 years | Jun 2019 | - | Director |
| Dr Sean Wellington | England | 61 years | Mar 2023 | - | Director |
| Mr Justin Rix | England | 57 years | Mar 2023 | - | Director |
| Ms Audrey Nelson | England | 69 years | Mar 2023 | - | Director |
| Mr Mark Farrar | England | 63 years | Mar 2023 | - | Director |
| Ms Jennifer Coupland | England | 55 years | Oct 2023 | - | Director |
| Mr Jatinder Sharma | England | 57 years | Oct 2023 | - | Director |
| Mr Mel Higgins | England | 53 years | Dec 2023 | - | Director |
| Mr Jonathan Vincent | England | 54 years | Dec 2023 | - | Director |
P&L
March 2024turnover
8m
-8%
operating profit
-666.4k
0%
gross margin
63.5%
+5.89%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
2.8m
-0.17%
total assets
3.9m
-0.05%
cash
1.6m
-0.34%
net assets
Total assets minus all liabilities
worldskills uk company details
company number
02535199
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85590 - Other education n.e.c.
85600 - Educational support activities
incorporation date
August 1990
age
35
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
find a future (March 2019)
find a future limited (April 2014)
accountant
-
auditor
FORVIS MAZARS LLP
address
52-54 52-54 st john street, london, EC1M 4HF
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
BATES WELLS AND BRAITHWAITE
worldskills uk 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 did not find charges/mortgages relating to worldskills uk.
worldskills uk 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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worldskills uk Companies House Filings - See Documents
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