the springboard charity
the springboard charity Company Information
Company Number
03031621
Website
http://springboarduk.netRegistered Address
coopers' hall, 13 devonshire square, london, EC2M 4TH
Industry
Technical and vocational secondary education
Telephone
02079210420
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
-0%
the springboard charity Estimated Valuation
Pomanda estimates the enterprise value of THE SPRINGBOARD CHARITY at £1.9m based on a Turnover of £3.8m and 0.49x industry multiple (adjusted for size and gross margin).
the springboard charity Estimated Valuation
Pomanda estimates the enterprise value of THE SPRINGBOARD CHARITY at £2.1m based on an EBITDA of £389k and a 5.5x industry multiple (adjusted for size and gross margin).
the springboard charity Estimated Valuation
Pomanda estimates the enterprise value of THE SPRINGBOARD CHARITY at £2.7m based on Net Assets of £1.4m and 1.85x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
The Springboard Charity AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
The Springboard Charity Overview
The Springboard Charity is a live company located in london, EC2M 4TH with a Companies House number of 03031621. It operates in the technical and vocational secondary education sector, SIC Code 85320. Founded in March 1995, it's largest shareholder is unknown. The Springboard Charity is a mature, small sized company, Pomanda has estimated its turnover at £3.8m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
The Springboard Charity Health Check
Pomanda's financial health check has awarded The Springboard Charity a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £3.8m, make it larger than the average company (£868.2k)
£3.8m - The Springboard Charity
£868.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (3.9%)
10% - The Springboard Charity
3.9% - Industry AVG
Production
with a gross margin of 48.3%, this company has a comparable cost of product (48.3%)
48.3% - The Springboard Charity
48.3% - Industry AVG
Profitability
an operating margin of 7.5% make it more profitable than the average company (5.4%)
7.5% - The Springboard Charity
5.4% - Industry AVG
Employees
with 65 employees, this is above the industry average (17)
65 - The Springboard Charity
17 - Industry AVG
Pay Structure
on an average salary of £38.8k, the company has a higher pay structure (£29.5k)
£38.8k - The Springboard Charity
£29.5k - Industry AVG
Efficiency
resulting in sales per employee of £58.3k, this is equally as efficient (£59.8k)
£58.3k - The Springboard Charity
£59.8k - Industry AVG
Debtor Days
it gets paid by customers after 21 days, this is near the average (22 days)
21 days - The Springboard Charity
22 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (23 days)
8 days - The Springboard Charity
23 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Springboard Charity
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 108 weeks, this is more cash available to meet short term requirements (90 weeks)
108 weeks - The Springboard Charity
90 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 36.7%, this is a higher level of debt than the average (22.7%)
36.7% - The Springboard Charity
22.7% - Industry AVG
the springboard charity Credit Report and Business Information
The Springboard Charity Competitor Analysis
Perform a competitor analysis for the springboard charity by selecting its closest rivals and benchmarking them against 12 key performance metrics.
the springboard charity Ownership
THE SPRINGBOARD CHARITY group structure
The Springboard Charity has no subsidiary companies.
Ultimate parent company
THE SPRINGBOARD CHARITY
03031621
the springboard charity directors
The Springboard Charity currently has 13 directors. The longest serving directors include Mr Robert Silk (Apr 2015) and Miss Kay Harriman (Dec 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Silk | England | 61 years | Apr 2015 | - | Director |
| Miss Kay Harriman | 54 years | Dec 2016 | - | Director | |
| Mrs Aisling Zarraga | England | 48 years | Dec 2016 | - | Director |
| Mr Sean Haley | England | 54 years | Nov 2017 | - | Director |
| Mr Alastair Storey | United Kingdom | 71 years | Mar 2019 | - | Director |
| Mr Allister Richards | England | 50 years | Jun 2020 | - | Director |
| Mr Andrew Kemp | 69 years | Jun 2020 | - | Director | |
| Mr Gareth Sharpe | England | 44 years | Dec 2021 | - | Director |
| Mr Gareth Sharpe | England | 44 years | Dec 2021 | - | Director |
| Mr Alexander Wilson | England | 33 years | Feb 2022 | - | Director |
THE SPRINGBOARD CHARITY financials
The Springboard Charity's latest turnover from March 2023 is £3.8 million and the company has net assets of £1.4 million. According to their latest financial statements, The Springboard Charity has 65 employees and maintains cash reserves of £1.8 million 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 | 3,787,115 | 3,723,670 | 2,711,405 | 2,832,849 | 3,151,764 | 3,029,012 | 3,023,539 | 3,198,208 | 3,096,271 | 2,595,959 | 2,065,025 | 1,934,829 | 1,833,603 | 1,601,463 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 290,191 | 497,040 | 541,702 | -362,262 | 116,461 | -88,976 | -56,333 | 28,719 | 277,683 | 24,589 | 58,572 | 118,050 | 72,055 | -71,437 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 290,191 | 497,040 | 541,702 | -362,262 | 116,461 | -88,976 | -56,333 | 28,719 | 277,683 | 24,589 | 58,572 | 118,050 | 72,055 | -71,437 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 290,191 | 497,040 | 541,702 | -362,262 | 116,461 | -88,976 | -56,333 | 28,719 | 277,683 | 24,589 | 58,572 | 118,050 | 72,055 | -71,437 |
| Employee Costs | 2,521,323 | 2,302,880 | 1,497,853 | 1,962,191 | 2,008,956 | 2,002,961 | 1,956,072 | 1,789,822 | 1,666,039 | 1,594,376 | 1,431,760 | 1,312,082 | 1,336,005 | 1,244,189 |
| Number Of Employees | 65 | 62 | 44 | 55 | 52 | 56 | 56 | 53 | 48 | 44 | 40 | 38 | 42 | 38 |
| EBITDA* |
* 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 | 47,780 | 63,946 | 41,888 | 49,383 | 11,048 | 28,721 | 38,045 | 35,765 | 32,749 | 25,003 | 14,465 | 11,704 | 22,426 | 37,707 |
| Intangible Assets | 138,280 | 116,968 | 77,807 | 75,524 | 54,764 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 186,060 | 180,914 | 119,695 | 124,907 | 65,812 | 28,721 | 38,045 | 35,765 | 32,749 | 25,003 | 14,465 | 11,704 | 22,426 | 37,707 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 221,419 | 139,702 | 246,046 | 255,729 | 321,996 | 496,434 | 399,519 | 427,640 | 503,203 | 502,594 | 375,056 | 401,250 | 368,576 | 318,157 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 118,959 | 53,922 | 231,208 | 151,322 | 333,356 | 293,566 | 315,531 | 151,312 | 131,513 | 182,216 | 139,404 | 57,218 | 147,088 | 165,490 |
| Cash | 1,750,676 | 1,810,621 | 625,438 | 3,287 | 79,924 | 832 | 104,092 | 347,771 | 180,075 | 0 | 40,628 | 49,387 | 339 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,091,054 | 2,004,245 | 1,102,692 | 410,338 | 735,276 | 790,832 | 819,142 | 926,723 | 814,791 | 684,810 | 555,088 | 507,855 | 516,003 | 483,647 |
| total assets | 2,277,114 | 2,185,159 | 1,222,387 | 535,245 | 801,088 | 819,553 | 857,187 | 962,488 | 847,540 | 709,813 | 569,553 | 519,559 | 538,429 | 521,354 |
| Bank overdraft | 0 | 0 | 0 | 31,971 | 0 | 62,866 | 0 | 0 | 0 | 6,655 | 0 | 0 | 102,602 | 89,859 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25,526 | 0 | 0 | 0 | 0 |
| Trade Creditors | 43,701 | 119,537 | 85,043 | 162,804 | 81,794 | 183,251 | 177,679 | 237,968 | 185,855 | 183,696 | 345,155 | 65,221 | 52,612 | 119,522 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 100,000 | 130,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 791,758 | 914,158 | 482,920 | 227,748 | 244,309 | 214,912 | 232,008 | 220,687 | 160,015 | 269,949 | 0 | 313,512 | 260,439 | 231,252 |
| total current liabilities | 835,459 | 1,033,695 | 567,963 | 422,523 | 326,103 | 461,029 | 409,687 | 458,655 | 345,870 | 485,826 | 345,155 | 378,733 | 515,653 | 570,633 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25,000 | 0 | 0 | 0 |
| hp & lease commitments | 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 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25,000 | 0 | 0 | 0 |
| total liabilities | 835,459 | 1,033,695 | 567,963 | 422,523 | 326,103 | 461,029 | 409,687 | 458,655 | 345,870 | 485,826 | 370,155 | 378,733 | 515,653 | 570,633 |
| net assets | 1,441,655 | 1,151,464 | 654,424 | 112,722 | 474,985 | 358,524 | 447,500 | 503,833 | 501,670 | 223,987 | 199,398 | 140,826 | 22,776 | -49,279 |
| total shareholders funds | 1,441,655 | 1,151,464 | 654,424 | 112,722 | 474,985 | 358,524 | 447,500 | 503,833 | 501,670 | 223,987 | 199,398 | 140,826 | 22,776 | -49,279 |
| 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 | 66,566 | 45,612 | 13,304 | 15,415 | 20,596 | 23,382 | 25,612 | 19,416 | 16,517 | 11,567 | 7,599 | 20,395 | 21,015 | 19,349 |
| Amortisation | 39,853 | 39,853 | 15,967 | 1,228 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 146,754 | -283,630 | 70,203 | -248,301 | -134,648 | 74,950 | 136,098 | -55,764 | -50,094 | 170,350 | 55,992 | -57,196 | 32,017 | 483,647 |
| Creditors | -75,836 | 34,494 | -77,761 | 81,010 | -101,457 | 5,572 | -60,289 | 52,113 | 2,159 | -161,459 | 279,934 | 12,609 | -66,910 | 119,522 |
| Accruals and Deferred Income | -122,400 | 431,238 | 255,172 | -16,561 | 29,397 | -17,096 | 11,321 | 60,672 | -109,934 | 269,949 | -313,512 | 53,073 | 29,187 | 231,252 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -14,057 | -27,892 | -22,432 | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | -14,057 | -27,892 | -22,432 | ||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -25,526 | 25,526 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -100,000 | -30,000 | 130,000 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -25,000 | 25,000 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 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 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| cash flow from financing | 0 | 0 | 0 | -1 | 0 | 0 | 0 | -26,556 | -25,526 | -100,000 | 152,158 | |||
| cash and cash equivalents | ||||||||||||||
| cash | -59,945 | 1,185,183 | 622,151 | -76,637 | 79,092 | -103,260 | -243,679 | 167,696 | 180,075 | -40,628 | -8,759 | 49,048 | 339 | 0 |
| overdraft | 0 | 0 | -31,971 | 31,971 | -62,866 | 62,866 | 0 | 0 | -6,655 | 6,655 | 0 | -102,602 | 12,743 | 89,859 |
| change in cash | -59,945 | 1,185,183 | 654,122 | -108,608 | 141,958 | -166,126 | -243,679 | 167,696 | 186,730 | -47,283 | -8,759 | 151,650 | -12,404 | -89,859 |
P&L
March 2023turnover
3.8m
+2%
operating profit
282.6k
0%
gross margin
48.4%
+1.6%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.4m
+0.25%
total assets
2.3m
+0.04%
cash
1.8m
-0.03%
net assets
Total assets minus all liabilities
the springboard charity company details
company number
03031621
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85320 - Technical and vocational secondary education
incorporation date
March 1995
age
29
accounts
Group
ultimate parent company
previous names
springboard charitable trust (March 2009)
tourism and hospitality educational trust (April 2002)
incorporated
UK
address
coopers' hall, 13 devonshire square, london, EC2M 4TH
last accounts submitted
March 2023
the springboard charity 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 the springboard charity.
the springboard charity Companies House Filings - See Documents
| date | description | view/download |
|---|
