northern consortium
northern consortium Company Information
Company Number
02788226
Website
www.ncuk.ac.ukRegistered Address
667-669 stockport road, manchester, M12 4QE
Industry
Other education n.e.c.
Telephone
01613068897
Next Accounts Due
May 2025
Group Structure
View All
Shareholders
-0%
northern consortium Estimated Valuation
Pomanda estimates the enterprise value of NORTHERN CONSORTIUM at £5.8m based on a Turnover of £6.6m and 0.87x industry multiple (adjusted for size and gross margin).
northern consortium Estimated Valuation
Pomanda estimates the enterprise value of NORTHERN CONSORTIUM at £0 based on an EBITDA of £-361.6k and a 4.36x industry multiple (adjusted for size and gross margin).
northern consortium Estimated Valuation
Pomanda estimates the enterprise value of NORTHERN CONSORTIUM at £530.7k based on Net Assets of £3.1m and 0.17x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Northern Consortium Overview
Northern Consortium is a live company located in manchester, M12 4QE with a Companies House number of 02788226. It operates in the other education n.e.c. sector, SIC Code 85590. Founded in February 1993, it's largest shareholder is unknown. Northern Consortium is a mature, mid sized company, Pomanda has estimated its turnover at £6.6m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Northern Consortium Health Check
Pomanda's financial health check has awarded Northern Consortium a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
5 Weak
Size
annual sales of £6.6m, make it larger than the average company (£619.7k)
£6.6m - Northern Consortium
£619.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (5.2%)
9% - Northern Consortium
5.2% - Industry AVG
Production
with a gross margin of 55.1%, this company has a comparable cost of product (55.1%)
55.1% - Northern Consortium
55.1% - Industry AVG
Profitability
an operating margin of -5.9% make it less profitable than the average company (5.7%)
-5.9% - Northern Consortium
5.7% - Industry AVG
Employees
with 76 employees, this is above the industry average (18)
76 - Northern Consortium
18 - Industry AVG
Pay Structure
on an average salary of £47.1k, the company has a higher pay structure (£29.7k)
£47.1k - Northern Consortium
£29.7k - Industry AVG
Efficiency
resulting in sales per employee of £86.9k, this is more efficient (£50.6k)
£86.9k - Northern Consortium
£50.6k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is later than average (16 days)
26 days - Northern Consortium
16 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (24 days)
6 days - Northern Consortium
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Northern Consortium
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 171 weeks, this is more cash available to meet short term requirements (109 weeks)
171 weeks - Northern Consortium
109 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 40.7%, this is a higher level of debt than the average (22.1%)
40.7% - Northern Consortium
22.1% - Industry AVG
NORTHERN CONSORTIUM financials
Northern Consortium's latest turnover from August 2023 is £6.6 million and the company has net assets of £3.1 million. According to their latest financial statements, Northern Consortium has 76 employees and maintains cash reserves of £4.7 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 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 6,601,234 | 5,881,027 | 4,970,968 | 5,104,620 | 4,424,348 | 3,851,780 | 3,410,752 | 3,470,731 | 3,820,050 | 3,720,627 | 3,965,446 | 3,857,719 | 324,942 | 608,563 | 403,003 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 27,309 | 28,143 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -147,762 | 360,078 | 175,720 | 313,802 | -15,285 | -70,949 | -309,886 | -161,973 | 74,517 | 321,345 | 823,069 | 957,696 | 194,887 | 552,315 | 208,368 |
| Tax | 0 | 0 | 0 | 0 | -64,500 | 0 | -8,751 | -22,658 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -147,762 | 360,078 | 175,720 | 313,802 | -79,785 | -70,949 | -318,637 | -184,631 | 74,517 | 321,345 | 823,069 | 957,696 | 194,887 | 552,315 | 208,368 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -147,762 | 360,078 | 175,720 | 313,802 | -79,785 | -70,949 | -318,637 | -184,631 | 74,517 | 321,345 | 823,069 | 957,696 | 194,887 | 552,315 | 208,368 |
| Employee Costs | 3,582,410 | 2,701,745 | 2,498,438 | 2,384,739 | 2,054,776 | 1,658,159 | 1,616,670 | 1,593,390 | 1,478,287 | 1,439,055 | 1,314,096 | 1,159,182 | 36,432 | 16,905 | 16,367 |
| Number Of Employees | 76 | 65 | 61 | 49 | 46 | 41 | 41 | 31 | 32 | 31 | 29 | 23 | 3 | 3 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 42,194 | 39,454 | 27,854 | 24,546 | 67,476 | 111,313 | 106,211 | 66,007 | 33,611 | 34,591 | 33,967 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 47,307 | 250,001 | 250,001 | 250,001 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 42,194 | 39,454 | 27,854 | 24,546 | 67,476 | 111,313 | 106,211 | 66,007 | 33,611 | 34,591 | 33,967 | 47,307 | 250,001 | 250,001 | 250,001 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 472,396 | 398,289 | 7,339 | 310,206 | 449,728 | 650,269 | 333,599 | 547,606 | 530,976 | 290,989 | 202,965 | 465,502 | 17,280 | 17,280 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 609,553 | 530,858 | 0 |
| Misc Debtors | 54,808 | 101,797 | 98,354 | 21,870 | 60,220 | 62,099 | 99,395 | 92,502 | 92,082 | 78,509 | 30,578 | 40,621 | 4,838 | 0 | 120,000 |
| Cash | 4,662,525 | 4,926,922 | 4,783,546 | 4,792,804 | 3,847,742 | 3,307,833 | 3,458,583 | 3,529,975 | 3,834,778 | 4,661,459 | 4,397,918 | 3,345,069 | 345,112 | 234,570 | 129,821 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,189,729 | 5,427,008 | 4,889,239 | 5,124,880 | 4,357,690 | 4,020,201 | 3,891,577 | 4,170,083 | 4,457,836 | 5,030,957 | 4,631,461 | 3,851,192 | 976,783 | 782,708 | 249,821 |
| total assets | 5,231,923 | 5,466,462 | 4,917,093 | 5,149,426 | 4,425,166 | 4,131,514 | 3,997,788 | 4,236,090 | 4,491,447 | 5,065,548 | 4,665,428 | 3,898,499 | 1,226,784 | 1,032,709 | 499,822 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 87,914 | 23,523 | 9,027 | 384 | 14,957 | 166,124 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 52,305 | 203,252 | 163,142 | 85,511 | 135,824 | 132,649 | 69,843 | 151,292 | 176,081 | 424,552 | 296,834 | 217,478 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20,899 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,359,263 | 1,295,826 | 1,151,197 | 1,647,740 | 1,171,798 | 801,536 | 571,753 | 493,891 | 554,324 | 963,114 | 997,484 | 981,813 | 29,619 | 30,431 | 28,960 |
| total current liabilities | 1,411,568 | 1,499,078 | 1,314,339 | 1,733,251 | 1,307,622 | 934,185 | 729,510 | 668,706 | 739,432 | 1,388,050 | 1,309,275 | 1,365,415 | 29,619 | 30,431 | 49,859 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 10,330 | 9,597 | 5,045 | 4,362 | 19,531 | 19,531 | 19,531 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 717,012 | 837,468 | 415,672 | 389,818 | 338,660 | 622,879 | 345,417 | 391,559 | 392,006 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 2,128,580 | 2,336,546 | 1,730,011 | 2,123,069 | 1,646,282 | 1,557,064 | 1,074,927 | 1,060,265 | 1,131,438 | 1,388,050 | 1,309,275 | 1,365,415 | 29,619 | 30,431 | 49,859 |
| net assets | 3,103,343 | 3,129,916 | 3,187,082 | 3,026,357 | 2,778,884 | 2,574,450 | 2,922,861 | 3,175,825 | 3,360,009 | 3,677,498 | 3,356,153 | 2,533,084 | 1,197,165 | 1,002,278 | 449,963 |
| total shareholders funds | 3,103,343 | 3,129,916 | 3,187,082 | 3,026,357 | 2,778,884 | 2,574,450 | 2,922,861 | 3,175,825 | 3,360,009 | 3,677,498 | 3,356,153 | 2,533,084 | 1,197,165 | 1,002,278 | 449,963 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 25,864 | 17,567 | 22,422 | 38,985 | 52,326 | 53,563 | 40,264 | 26,890 | 14,520 | 14,830 | 21,106 | 18,264 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | -64,500 | 0 | -8,751 | -22,658 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 27,118 | 394,393 | -226,383 | -177,872 | -202,420 | 279,374 | -207,114 | 17,050 | 253,560 | 135,955 | -272,580 | -125,548 | 83,533 | 428,138 | 120,000 |
| Creditors | -150,947 | 40,110 | 77,631 | -50,313 | 3,175 | 62,806 | -81,449 | -24,789 | -248,471 | 127,718 | 79,356 | 217,478 | 0 | 0 | 0 |
| Accruals and Deferred Income | 63,437 | 144,629 | -496,543 | 475,942 | 370,262 | 229,783 | 77,862 | -60,433 | -408,790 | -34,370 | 15,671 | 952,194 | -812 | 1,471 | 28,960 |
| Deferred Taxes & Provisions | 733 | 4,552 | 683 | -15,169 | 0 | 0 | 19,531 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -58,665 | -80,468 | -59,285 | 0 | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -47,307 | -202,694 | 0 | 0 | 250,001 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | -58,665 | -80,468 | -59,285 | 0 | ||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -20,899 | 20,899 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -27,309 | -28,143 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 121,189 | -417,244 | -14,995 | -66,329 | 284,219 | -277,462 | 65,673 | -26,862 | -420,149 | 0 | 0 | 378,223 | 0 | -20,899 | 262,494 |
| cash and cash equivalents | |||||||||||||||
| cash | -264,397 | 143,376 | -9,258 | 945,062 | 539,909 | -150,750 | -71,392 | -304,803 | -826,681 | 263,541 | 1,052,849 | 2,999,957 | 110,542 | 104,749 | 129,821 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -87,914 | 64,391 | 14,496 | 8,643 | -14,573 | -151,167 | 166,124 | 0 | 0 | 0 |
| change in cash | -264,397 | 143,376 | -9,258 | 945,062 | 539,909 | -62,836 | -135,783 | -319,299 | -835,324 | 278,114 | 1,204,016 | 2,833,833 | 110,542 | 104,749 | 129,821 |
northern consortium Credit Report and Business Information
Northern Consortium Competitor Analysis
Perform a competitor analysis for northern consortium by selecting its closest rivals, whether from the EDUCATION sector, other mid companies, companies in M12 area or any other competitors across 12 key performance metrics.
northern consortium Ownership
NORTHERN CONSORTIUM group structure
Northern Consortium has 1 subsidiary company.
Ultimate parent company
NORTHERN CONSORTIUM
02788226
1 subsidiary
northern consortium directors
Northern Consortium currently has 11 directors. The longest serving directors include Mr James Richardson (Feb 2016) and Mr Richard Cotton (Jun 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Richardson | England | 52 years | Feb 2016 | - | Director |
| Mr Richard Cotton | England | 51 years | Jun 2017 | - | Director |
| Mr Malcolm Butler | England | 56 years | Jun 2017 | - | Director |
| Mr Stuart McKinnon-Evans | England | 62 years | Mar 2019 | - | Director |
| Professor Alistair Sambell | Scotland | 58 years | Nov 2020 | - | Director |
| Mr Andrew Ryder | England | 62 years | Mar 2021 | - | Director |
| Mr Nicholas Smith | United Kingdom | 58 years | Mar 2021 | - | Director |
| Mrs Cathryn Webster | England | 64 years | Mar 2021 | - | Director |
| Mr Joseph Rossiter | England | 41 years | Aug 2022 | - | Director |
| Professor Ian Wood | England | 56 years | Sep 2022 | - | Director |
P&L
August 2023turnover
6.6m
+12%
operating profit
-387.5k
0%
gross margin
55.1%
-0.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
3.1m
-0.01%
total assets
5.2m
-0.04%
cash
4.7m
-0.05%
net assets
Total assets minus all liabilities
northern consortium company details
company number
02788226
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85590 - Other education n.e.c.
incorporation date
February 1993
age
31
incorporated
UK
accounts
Group
ultimate parent company
previous names
northern consortium ltd. (November 2020)
the northern consortium (October 2020)
last accounts submitted
August 2023
address
667-669 stockport road, manchester, M12 4QE
accountant
-
auditor
XEINADIN AUDIT LIMITED
northern consortium 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 northern consortium.
northern consortium Companies House Filings - See Documents
| date | description | view/download |
|---|
