babcock training limited
babcock training limited Company Information
Company Number
02817838
Registered Address
33 wigmore street, london, W1U 1QX
Industry
Other business support service activities n.e.c.
General secondary education
Telephone
02073555300
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
babcock education & training holdings llp 100%
babcock education & skills ltd 0%
babcock training limited Estimated Valuation
Pomanda estimates the enterprise value of BABCOCK TRAINING LIMITED at £56.7m based on a Turnover of £75.2m and 0.75x industry multiple (adjusted for size and gross margin).
babcock training limited Estimated Valuation
Pomanda estimates the enterprise value of BABCOCK TRAINING LIMITED at £0 based on an EBITDA of £-9.8m and a 5.63x industry multiple (adjusted for size and gross margin).
babcock training limited Estimated Valuation
Pomanda estimates the enterprise value of BABCOCK TRAINING LIMITED at £122.7m based on Net Assets of £67.5m and 1.82x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Babcock Training Limited Overview
Babcock Training Limited is a live company located in london, W1U 1QX with a Companies House number of 02817838. It operates in the general secondary education sector, SIC Code 85310. Founded in May 1993, it's largest shareholder is babcock education & training holdings llp with a 100% stake. Babcock Training Limited is a mature, large sized company, Pomanda has estimated its turnover at £75.2m with declining growth in recent years.
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Babcock Training Limited Health Check
Pomanda's financial health check has awarded Babcock Training Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £75.2m, make it larger than the average company (£5.4m)
£75.2m - Babcock Training Limited
£5.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (4.5%)
-4% - Babcock Training Limited
4.5% - Industry AVG
Production
with a gross margin of 8.8%, this company has a higher cost of product (43.6%)
8.8% - Babcock Training Limited
43.6% - Industry AVG
Profitability
an operating margin of -14.4% make it less profitable than the average company (6.3%)
-14.4% - Babcock Training Limited
6.3% - Industry AVG
Employees
with 907 employees, this is above the industry average (81)
907 - Babcock Training Limited
81 - Industry AVG
Pay Structure
on an average salary of £39.9k, the company has an equivalent pay structure (£42.3k)
£39.9k - Babcock Training Limited
£42.3k - Industry AVG
Efficiency
resulting in sales per employee of £82.9k, this is equally as efficient (£96.9k)
£82.9k - Babcock Training Limited
£96.9k - Industry AVG
Debtor Days
it gets paid by customers after 86 days, this is later than average (20 days)
86 days - Babcock Training Limited
20 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (27 days)
0 days - Babcock Training Limited
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Babcock Training Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (65 weeks)
0 weeks - Babcock Training Limited
65 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 31.2%, this is a lower level of debt than the average (35.5%)
31.2% - Babcock Training Limited
35.5% - Industry AVG
BABCOCK TRAINING LIMITED financials
Babcock Training Limited's latest turnover from March 2023 is £75.2 million and the company has net assets of £67.5 million. According to their latest financial statements, Babcock Training Limited has 907 employees and maintains cash reserves of £121 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 75,150,000 | 74,565,000 | 62,836,000 | 83,706,000 | 78,570,000 | 82,849,000 | 92,365,000 | 87,780,000 | 82,160,000 | 73,591,000 | 70,890,000 | 53,163,000 | 52,318,000 | 54,341,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 68,551,000 | 69,523,000 | 64,507,000 | 69,957,000 | 68,539,000 | 72,907,000 | 79,980,000 | 73,884,000 | 66,336,000 | 60,781,000 | 53,888,000 | 40,742,000 | 38,550,000 | 38,928,000 |
| Gross Profit | 6,599,000 | 5,042,000 | -1,671,000 | 13,749,000 | 10,031,000 | 9,942,000 | 12,385,000 | 13,896,000 | 15,824,000 | 12,810,000 | 17,002,000 | 12,421,000 | 13,768,000 | 15,413,000 |
| Admin Expenses | 17,411,000 | 4,019,000 | 12,264,000 | 22,835,000 | 15,980,000 | 8,758,000 | 10,395,000 | 10,537,000 | 9,151,000 | 12,861,000 | 16,477,000 | 9,826,000 | 5,708,000 | 5,689,000 |
| Operating Profit | -10,812,000 | 1,023,000 | -13,935,000 | -9,086,000 | -5,949,000 | 1,184,000 | 1,990,000 | 3,359,000 | 6,673,000 | -51,000 | 525,000 | 2,595,000 | 8,060,000 | 9,724,000 |
| Interest Payable | 563,000 | 666,000 | 693,000 | 638,000 | 404,000 | 451,000 | 395,000 | 335,000 | 259,000 | 1,978,000 | 0 | 0 | 0 | 0 |
| Interest Receivable | 61,000 | 0 | 1,000 | 20,000 | 24,000 | 0 | 5,000 | 7,000 | 0 | 3,010,000 | 479,000 | 69,000 | 52,000 | 28,000 |
| Pre-Tax Profit | 5,877,000 | 2,132,000 | -14,594,000 | -7,686,000 | -6,329,000 | 733,000 | 9,046,000 | 3,031,000 | 16,450,000 | 1,945,000 | 1,004,000 | 4,059,000 | 8,112,000 | 9,752,000 |
| Tax | -292,000 | 19,000 | -807,000 | 264,000 | 39,000 | -141,000 | -137,000 | 360,000 | -1,579,000 | -777,000 | 949,000 | -136,000 | -2,641,000 | -3,096,000 |
| Profit After Tax | 5,585,000 | 2,151,000 | -15,401,000 | -7,422,000 | -6,290,000 | 592,000 | 8,909,000 | 3,391,000 | 14,871,000 | 1,168,000 | 1,953,000 | 3,923,000 | 5,471,000 | 6,656,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 25,500,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 5,585,000 | 2,151,000 | -15,401,000 | -7,422,000 | -6,290,000 | -24,908,000 | 8,909,000 | 3,391,000 | 14,871,000 | 1,168,000 | 1,953,000 | 3,923,000 | 5,471,000 | 6,656,000 |
| Employee Costs | 36,201,000 | 34,757,000 | 37,820,000 | 43,992,000 | 42,865,000 | 47,998,000 | 55,091,000 | 52,374,000 | 46,167,000 | 41,903,000 | 38,430,000 | 29,836,000 | 26,883,000 | 26,802,000 |
| Number Of Employees | 907 | 979 | 1,087 | 1,250 | 1,308 | 1,513 | 1,746 | 1,664 | 1,462 | 1,283 | 1,237 | 1,163 | 1,016 | 1,088 |
| EBITDA* | -9,809,000 | 2,282,000 | -10,578,000 | -5,811,000 | -4,333,000 | 2,349,000 | 3,391,000 | 4,887,000 | 9,008,000 | 1,530,000 | 2,109,000 | 4,066,000 | 9,447,000 | 11,142,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 29,760,000 | 55,266,000 | 47,935,000 | 55,979,000 | 66,475,000 | 68,346,000 | 69,259,000 | 71,371,000 | 71,646,000 | 10,632,000 | 4,283,000 | 1,323,000 | 914,000 | 1,057,000 |
| Intangible Assets | 15,463,000 | 16,085,000 | 16,496,000 | 15,696,000 | 15,097,000 | 14,626,000 | 14,635,000 | 14,407,000 | 14,441,000 | 14,316,000 | 15,559,000 | 16,802,000 | 17,585,000 | 18,803,000 |
| Investments & Other | 9,287,000 | 30,298,000 | 24,220,000 | 34,654,000 | 51,883,000 | 56,175,000 | 56,175,000 | 56,741,000 | 56,741,000 | 60,141,000 | 41,275,000 | 1,775,000 | 3,029,000 | 3,029,000 |
| Debtors (Due After 1 year) | 4,944,000 | 5,831,000 | 4,269,000 | 3,678,000 | 3,119,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 44,487,000 | 68,523,000 | 60,162,000 | 71,675,000 | 81,572,000 | 82,972,000 | 83,894,000 | 85,778,000 | 86,087,000 | 85,089,000 | 61,117,000 | 19,900,000 | 21,528,000 | 22,889,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 352,000 | 0 | 0 |
| Trade Debtors | 17,836,000 | 19,806,000 | 6,701,000 | 11,838,000 | 11,544,000 | 2,593,000 | 4,234,000 | 3,599,000 | 2,076,000 | 1,644,000 | 3,488,000 | 3,707,000 | 3,988,000 | 3,934,000 |
| Group Debtors | 35,092,000 | 2,175,000 | 23,877,000 | 18,117,000 | 17,514,000 | 20,971,000 | 47,356,000 | 35,376,000 | 35,037,000 | 49,502,000 | 20,153,000 | 20,594,000 | 211,000 | 142,000 |
| Misc Debtors | 484,000 | 1,030,000 | 9,379,000 | 3,015,000 | 1,458,000 | 12,389,000 | 13,741,000 | 12,620,000 | 9,787,000 | 8,172,000 | 6,859,000 | 4,753,000 | 1,563,000 | 879,000 |
| Cash | 121,000 | 13,187,000 | 0 | 16,389,000 | 13,411,000 | 10,648,000 | 7,695,000 | 4,799,000 | 5,754,000 | 136,000 | 17,736,000 | 7,810,000 | 24,586,000 | 13,894,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 53,533,000 | 36,198,000 | 39,957,000 | 49,359,000 | 43,927,000 | 46,601,000 | 73,026,000 | 56,394,000 | 52,654,000 | 59,454,000 | 48,236,000 | 37,216,000 | 30,348,000 | 18,849,000 |
| total assets | 98,020,000 | 104,721,000 | 100,119,000 | 121,034,000 | 125,499,000 | 129,573,000 | 156,920,000 | 142,172,000 | 138,741,000 | 144,543,000 | 109,353,000 | 57,116,000 | 51,876,000 | 41,738,000 |
| Bank overdraft | 0 | 0 | 825,000 | 0 | 0 | 0 | 0 | 0 | 0 | 26,470,000 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 13,000 | 194,000 | 334,000 | 3,806,000 | 4,199,000 | 1,946,000 | 2,969,000 | 1,242,000 | 696,000 | 1,339,000 | 968,000 | 289,000 | 300,000 | 498,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 1,593,000 | 0 | 0 | 0 | 14,697,000 | 6,943,000 | 4,082,000 | 5,603,000 | 3,291,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 599,000 | 802,000 | 1,463,000 | 1,702,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 21,200,000 | 29,362,000 | 33,070,000 | 36,371,000 | 39,524,000 | 39,089,000 | 39,334,000 | 35,954,000 | 35,224,000 | 15,725,000 | 14,922,000 | 9,647,000 | 8,076,000 | 5,341,000 |
| total current liabilities | 21,812,000 | 30,358,000 | 35,692,000 | 41,879,000 | 43,723,000 | 41,035,000 | 42,303,000 | 37,196,000 | 35,920,000 | 58,231,000 | 22,833,000 | 14,018,000 | 13,979,000 | 9,130,000 |
| loans | 13,022,000 | 14,204,000 | 9,126,000 | 11,564,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 6,511,000 | 7,102,000 | 4,563,000 | 5,782,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 289,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 4,436,000 | 20,966,000 | 44,648,000 | 26,234,000 | 28,082,000 | 33,374,000 | 37,308,000 | 27,664,000 | 25,124,000 | 1,444,000 | 1,445,000 | 1,543,000 | 265,000 | 447,000 |
| total long term liabilities | 8,729,000 | 17,585,000 | 26,887,000 | 18,899,000 | 14,041,000 | 16,687,000 | 18,943,000 | 13,832,000 | 12,562,000 | 4,622,000 | 5,796,000 | 1,543,000 | 265,000 | 447,000 |
| total liabilities | 30,541,000 | 47,943,000 | 62,579,000 | 60,778,000 | 57,764,000 | 57,722,000 | 61,246,000 | 51,028,000 | 48,482,000 | 62,853,000 | 28,629,000 | 15,561,000 | 14,244,000 | 9,577,000 |
| net assets | 67,479,000 | 56,778,000 | 37,540,000 | 60,256,000 | 67,735,000 | 71,851,000 | 95,674,000 | 91,144,000 | 90,259,000 | 81,690,000 | 80,724,000 | 41,555,000 | 37,632,000 | 32,161,000 |
| total shareholders funds | 67,479,000 | 56,778,000 | 37,540,000 | 60,256,000 | 67,735,000 | 71,851,000 | 95,674,000 | 91,144,000 | 90,259,000 | 81,690,000 | 80,724,000 | 41,555,000 | 37,632,000 | 32,161,000 |
| 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 | -10,812,000 | 1,023,000 | -13,935,000 | -9,086,000 | -5,949,000 | 1,184,000 | 1,990,000 | 3,359,000 | 6,673,000 | -51,000 | 525,000 | 2,595,000 | 8,060,000 | 9,724,000 |
| Depreciation | 584,000 | 791,000 | 3,061,000 | 3,095,000 | 1,279,000 | 1,097,000 | 1,366,000 | 1,494,000 | 935,000 | 338,000 | 341,000 | 228,000 | 169,000 | 200,000 |
| Amortisation | 419,000 | 468,000 | 296,000 | 180,000 | 337,000 | 68,000 | 35,000 | 34,000 | 1,400,000 | 1,243,000 | 1,243,000 | 1,243,000 | 1,218,000 | 1,218,000 |
| Tax | -292,000 | 19,000 | -807,000 | 264,000 | 39,000 | -141,000 | -137,000 | 360,000 | -1,579,000 | -777,000 | 949,000 | -136,000 | -2,641,000 | -3,096,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -352,000 | 352,000 | 0 | 0 |
| Debtors | 29,514,000 | -15,384,000 | 7,578,000 | 3,013,000 | -2,318,000 | -29,378,000 | 13,736,000 | 4,695,000 | -12,418,000 | 28,818,000 | 1,446,000 | 23,292,000 | 807,000 | 4,955,000 |
| Creditors | -181,000 | -140,000 | -3,472,000 | -393,000 | 2,253,000 | -1,023,000 | 1,727,000 | 546,000 | -643,000 | 371,000 | 679,000 | -11,000 | -198,000 | 498,000 |
| Accruals and Deferred Income | -8,162,000 | -3,708,000 | -3,301,000 | -3,153,000 | 435,000 | -534,000 | 3,669,000 | 730,000 | 19,499,000 | 803,000 | 5,275,000 | 1,571,000 | 2,735,000 | 5,341,000 |
| Deferred Taxes & Provisions | -16,530,000 | -23,682,000 | 18,414,000 | -1,848,000 | -5,292,000 | -3,934,000 | 9,644,000 | 2,540,000 | 23,680,000 | -1,000 | -98,000 | 1,278,000 | -182,000 | 447,000 |
| Cash flow from operations | -64,488,000 | -9,845,000 | -7,322,000 | -13,954,000 | -4,580,000 | 26,095,000 | 4,558,000 | 4,368,000 | 62,383,000 | -26,892,000 | 7,820,000 | -16,876,000 | 8,354,000 | 9,377,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -21,011,000 | 6,078,000 | -10,434,000 | -17,229,000 | -4,292,000 | 0 | -566,000 | 0 | -3,400,000 | 18,866,000 | 39,500,000 | -1,254,000 | 0 | 3,029,000 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -1,593,000 | 1,593,000 | 0 | 0 | -14,697,000 | 7,754,000 | 2,861,000 | -1,521,000 | 2,312,000 | 3,291,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -1,182,000 | 5,078,000 | -2,438,000 | 11,564,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -794,000 | 1,878,000 | -1,458,000 | 7,484,000 | 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 |
| share issue | ||||||||||||||
| interest | -502,000 | -666,000 | -692,000 | -618,000 | -380,000 | -451,000 | -390,000 | -328,000 | -259,000 | 1,032,000 | 479,000 | 69,000 | 52,000 | 28,000 |
| cash flow from financing | 2,638,000 | 23,377,000 | -11,903,000 | 18,373,000 | 201,000 | 2,227,000 | -4,769,000 | -2,834,000 | -21,258,000 | 8,584,000 | 40,556,000 | -1,452,000 | 2,364,000 | 28,824,000 |
| cash and cash equivalents | ||||||||||||||
| cash | -13,066,000 | 13,187,000 | -16,389,000 | 2,978,000 | 2,763,000 | 2,953,000 | 2,896,000 | -955,000 | 5,618,000 | -17,600,000 | 9,926,000 | -16,776,000 | 10,692,000 | 13,894,000 |
| overdraft | 0 | -825,000 | 825,000 | 0 | 0 | 0 | 0 | 0 | -26,470,000 | 26,470,000 | 0 | 0 | 0 | 0 |
| change in cash | -13,066,000 | 14,012,000 | -17,214,000 | 2,978,000 | 2,763,000 | 2,953,000 | 2,896,000 | -955,000 | 32,088,000 | -44,070,000 | 9,926,000 | -16,776,000 | 10,692,000 | 13,894,000 |
babcock training limited Credit Report and Business Information
Babcock Training Limited Competitor Analysis
Perform a competitor analysis for babcock training limited by selecting its closest rivals, whether from the EDUCATION sector, other large companies, companies in W1U area or any other competitors across 12 key performance metrics.
babcock training limited Ownership
BABCOCK TRAINING LIMITED group structure
Babcock Training Limited has 4 subsidiary companies.
Ultimate parent company
2 parents
BABCOCK TRAINING LIMITED
02817838
4 subsidiaries
babcock training limited directors
Babcock Training Limited currently has 3 directors. The longest serving directors include Mrs Joanna Rayson (Dec 2021) and Dr Shaun Doherty (May 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Joanna Rayson | 45 years | Dec 2021 | - | Director | |
| Dr Shaun Doherty | United Kingdom | 55 years | May 2022 | - | Director |
| Mr James Parker | United Kingdom | 46 years | Dec 2022 | - | Director |
P&L
March 2023turnover
75.2m
+1%
operating profit
-10.8m
-1157%
gross margin
8.8%
+29.86%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
67.5m
+0.19%
total assets
98m
-0.06%
cash
121k
-0.99%
net assets
Total assets minus all liabilities
babcock training limited company details
company number
02817838
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
85310 - General secondary education
incorporation date
May 1993
age
31
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
vt training limited (July 2010)
vt training plc (August 2009)
See morelast accounts submitted
March 2023
address
33 wigmore street, london, W1U 1QX
accountant
-
auditor
DELOITTE LLP
babcock training 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 5 charges/mortgages relating to babcock training limited. Currently there are 0 open charges and 5 have been satisfied in the past.
babcock training limited Companies House Filings - See Documents
| date | description | view/download |
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