the change foundation
the change foundation Company Information
Group Structure
View All
Industry
Other sports activities (not including activities of racehorse owners) n.e.c.
+1Registered Address
cricket centre plough lane, wallington, surrey, SM6 8JQ
the change foundation Estimated Valuation
Pomanda estimates the enterprise value of THE CHANGE FOUNDATION at £1.1m based on a Turnover of £1.4m and 0.81x industry multiple (adjusted for size and gross margin).
the change foundation Estimated Valuation
Pomanda estimates the enterprise value of THE CHANGE FOUNDATION at £0 based on an EBITDA of £-51.7k and a 4.66x industry multiple (adjusted for size and gross margin).
the change foundation Estimated Valuation
Pomanda estimates the enterprise value of THE CHANGE FOUNDATION at £3.1m based on Net Assets of £1.2m and 2.62x industry multiple (adjusted for liquidity).
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The Change Foundation Overview
The Change Foundation is a live company located in surrey, SM6 8JQ with a Companies House number of 03039017. It operates in the other social work activities without accommodation n.e.c. sector, SIC Code 88990. Founded in March 1995, it's largest shareholder is unknown. The Change Foundation is a mature, small sized company, Pomanda has estimated its turnover at £1.4m with healthy growth in recent years.
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The Change Foundation Health Check
Pomanda's financial health check has awarded The Change Foundation a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
5 Regular
4 Weak
Size
annual sales of £1.4m, make it larger than the average company (£539.9k)
£1.4m - The Change Foundation
£539.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (9.2%)
9% - The Change Foundation
9.2% - Industry AVG
Production
with a gross margin of 57.3%, this company has a comparable cost of product (57.3%)
57.3% - The Change Foundation
57.3% - Industry AVG
Profitability
an operating margin of -6.7% make it less profitable than the average company (2.4%)
-6.7% - The Change Foundation
2.4% - Industry AVG
Employees
with 31 employees, this is above the industry average (13)
31 - The Change Foundation
13 - Industry AVG
Pay Structure
on an average salary of £27.8k, the company has an equivalent pay structure (£26.5k)
£27.8k - The Change Foundation
£26.5k - Industry AVG
Efficiency
resulting in sales per employee of £44.4k, this is equally as efficient (£51.6k)
£44.4k - The Change Foundation
£51.6k - Industry AVG
Debtor Days
it gets paid by customers after 21 days, this is later than average (14 days)
21 days - The Change Foundation
14 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (17 days)
3 days - The Change Foundation
17 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (15 days)
1 days - The Change Foundation
15 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 101 weeks, this is less cash available to meet short term requirements (155 weeks)
101 weeks - The Change Foundation
155 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23%, this is a similar level of debt than the average (24.6%)
23% - The Change Foundation
24.6% - Industry AVG
THE CHANGE FOUNDATION financials
The Change Foundation's latest turnover from March 2024 is £1.4 million and the company has net assets of £1.2 million. According to their latest financial statements, The Change Foundation has 31 employees and maintains cash reserves of £682.9 thousand 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 | 1,375,367 | 1,347,267 | 1,327,867 | 1,059,721 | 989,607 | 1,074,177 | 1,036,329 | 1,101,122 | 767,062 | 1,160,945 | 1,180,172 | 1,068,348 | 946,448 | 750,084 | 853,209 |
| 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 | 1,697 | 1,605 | 1,495 | 1,213 | 1,202 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 202 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -56,819 | -10,005 | -26,355 | -3,912 | -119,777 | 7,510 | -21,701 | 46,839 | -152,266 | 52,666 | 18,943 | 125,970 | 81,213 | 11,398 | 338,482 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -56,819 | -10,005 | -26,355 | -3,912 | -119,777 | 7,510 | -21,701 | 46,839 | -152,266 | 52,666 | 18,943 | 125,970 | 81,213 | 11,398 | 338,482 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -56,819 | -10,005 | -26,355 | -3,912 | -119,777 | 7,510 | -21,701 | 46,839 | -152,266 | 52,666 | 18,943 | 125,970 | 81,213 | 11,398 | 338,482 |
| Employee Costs | 861,360 | 784,123 | 826,407 | 720,368 | 648,066 | 665,174 | 603,273 | 578,402 | 561,906 | 637,839 | 635,052 | 535,007 | 440,684 | 371,646 | 281,013 |
| Number Of Employees | 31 | 43 | 46 | 28 | 27 | 26 | 26 | 28 | 32 | 22 | 25 | 22 | 20 | 16 | 10 |
| 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 | 734,411 | 775,097 | 809,266 | 831,375 | 836,245 | 854,095 | 883,333 | 914,416 | 948,916 | 982,236 | 1,016,736 | 1,047,634 | 1,072,045 | 1,088,020 | 1,112,897 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 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 | 0 |
| Total Fixed Assets | 734,412 | 775,100 | 809,269 | 831,378 | 836,248 | 854,098 | 883,336 | 914,419 | 948,919 | 982,236 | 1,016,736 | 1,047,634 | 1,072,045 | 1,088,020 | 1,112,897 |
| Stock & work in progress | 2,163 | 2,163 | 2,867 | 2,867 | 4,391 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 82,682 | 19,685 | 0 | 760 | 4,243 | 48,411 | 18,366 | 20,867 | 8,703 | 54,512 | 63,138 | 2,379 | 3,709 | 1,535 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 23,437 | 75,026 | 138,899 | 126,802 | 73,227 | 138,444 | 110,982 | 106,002 | 123,127 | 131,957 | 46,526 | 278,324 | 47,123 | 38,609 | 9,561 |
| Cash | 682,924 | 672,559 | 589,223 | 586,568 | 539,013 | 540,010 | 588,519 | 591,414 | 412,806 | 460,331 | 497,894 | 218,268 | 254,083 | 153,703 | 167,642 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 791,206 | 769,433 | 730,989 | 716,997 | 620,874 | 726,865 | 717,867 | 718,283 | 544,636 | 646,800 | 607,558 | 498,971 | 304,915 | 193,847 | 177,203 |
| total assets | 1,525,618 | 1,544,533 | 1,540,258 | 1,548,375 | 1,457,122 | 1,580,963 | 1,601,203 | 1,632,702 | 1,493,555 | 1,629,036 | 1,624,294 | 1,546,605 | 1,376,960 | 1,281,867 | 1,290,100 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 6,047 | 7,153 | 4,961 | 3,796 | 11,289 | 0 | 0 | 0 | 0 | 0 | 0 | 4,776 | 4,638 | 1,338 | 0 |
| Group/Directors Accounts | 0 | 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 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 344,394 | 305,384 | 293,296 | 276,223 | 173,565 | 188,918 | 216,668 | 226,466 | 134,158 | 117,373 | 165,297 | 101,775 | 58,238 | 47,658 | 68,628 |
| total current liabilities | 350,441 | 312,537 | 298,257 | 280,019 | 184,854 | 188,918 | 216,668 | 226,466 | 134,158 | 117,373 | 165,297 | 106,551 | 62,876 | 48,996 | 68,628 |
| 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 | 0 | 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 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 350,441 | 312,537 | 298,257 | 280,019 | 184,854 | 188,918 | 216,668 | 226,466 | 134,158 | 117,373 | 165,297 | 106,551 | 62,876 | 48,996 | 68,628 |
| net assets | 1,175,177 | 1,231,996 | 1,242,001 | 1,268,356 | 1,272,268 | 1,392,045 | 1,384,535 | 1,406,236 | 1,359,397 | 1,511,663 | 1,458,997 | 1,440,054 | 1,314,084 | 1,232,871 | 1,221,472 |
| total shareholders funds | 1,175,177 | 1,231,996 | 1,242,001 | 1,268,356 | 1,272,268 | 1,392,045 | 1,384,535 | 1,406,236 | 1,359,397 | 1,511,663 | 1,458,997 | 1,440,054 | 1,314,084 | 1,232,871 | 1,221,472 |
| 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 | 40,686 | 32,711 | 26,000 | 8,428 | 32,040 | 33,018 | 34,500 | 34,500 | 34,500 | 4,530 | 3,708 | 36,196 | 34,592 | 35,097 | 33,988 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 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 | 0 |
| Stock | 0 | -704 | 0 | -1,524 | 4,391 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 11,408 | -44,188 | 11,337 | 50,092 | -109,385 | 57,507 | 2,479 | -4,961 | -54,639 | 76,805 | -171,039 | 229,871 | 10,688 | 30,583 | 9,561 |
| Creditors | -1,106 | 2,192 | 1,165 | -7,493 | 11,289 | 0 | 0 | 0 | 0 | 0 | -4,776 | 138 | 3,300 | 1,338 | 0 |
| Accruals and Deferred Income | 39,010 | 12,088 | 17,073 | 102,658 | -15,353 | -27,750 | -9,798 | 92,308 | 16,785 | -47,924 | 63,522 | 43,537 | 10,580 | -20,970 | 68,628 |
| Deferred Taxes & Provisions | 0 | 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 | -3,780 | -3,417 | 0 | 0 | 0 | |||||
| Change in Investments | -2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 2 | 0 | 0 | 0 | 0 | -3,780 | -3,417 | 0 | -3 | 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 | 0 | 0 |
| 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 | 202 | 0 | 0 | 0 | -1,697 | -1,605 | -1,495 | -1,213 | -1,202 |
| cash flow from financing | 0 | 0 | 0 | 0 | 0 | 0 | 202 | 0 | 0 | 0 | -1,697 | -1,605 | -1,495 | -1,212 | 881,788 |
| cash and cash equivalents | |||||||||||||||
| cash | 10,365 | 83,336 | 2,655 | 47,555 | -997 | -48,509 | -2,895 | 178,608 | -47,525 | -37,563 | 279,626 | -35,815 | 100,380 | -13,939 | 167,642 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 10,365 | 83,336 | 2,655 | 47,555 | -997 | -48,509 | -2,895 | 178,608 | -47,525 | -37,563 | 279,626 | -35,815 | 100,380 | -13,939 | 167,642 |
the change foundation Credit Report and Business Information
The Change Foundation Competitor Analysis
Perform a competitor analysis for the change foundation by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in SM6 area or any other competitors across 12 key performance metrics.
the change foundation Ownership
THE CHANGE FOUNDATION group structure
The Change Foundation has no subsidiary companies.
Ultimate parent company
THE CHANGE FOUNDATION
03039017
the change foundation directors
The Change Foundation currently has 11 directors. The longest serving directors include Ms Victoria Lowe (Dec 2015) and Ms Asha Haji (Jun 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Victoria Lowe | 44 years | Dec 2015 | - | Director | |
| Ms Asha Haji | 41 years | Jun 2017 | - | Director | |
| Mr Stephen Wootten | United Kingdom | 67 years | Jun 2017 | - | Director |
| Mrs Catriona Webster | 61 years | Sep 2017 | - | Director | |
| Ms Rachel Billsberry-Grass | Uk | 55 years | Mar 2020 | - | Director |
| Ms Rachel Billsberry-Grass | England | 55 years | Mar 2020 | - | Director |
| Mr Daniel Drury | Scotland | 34 years | Jun 2020 | - | Director |
| Mr Tarun Patel | 48 years | Mar 2023 | - | Director | |
| Mr Luke Southall | 36 years | Mar 2023 | - | Director | |
| Ms Rebecca Martin | England | 42 years | Mar 2023 | - | Director |
P&L
March 2024turnover
1.4m
+2%
operating profit
-92.4k
0%
gross margin
57.3%
+3.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
1.2m
-0.05%
total assets
1.5m
-0.01%
cash
682.9k
+0.02%
net assets
Total assets minus all liabilities
the change foundation company details
company number
03039017
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
93199 - Other sports activities (not including activities of racehorse owners) n.e.c.
88990 - Other social work activities without accommodation n.e.c.
incorporation date
March 1995
age
30
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
the london community cricket association (March 2014)
accountant
-
auditor
MHA
address
cricket centre plough lane, wallington, surrey, SM6 8JQ
Bank
HSBC BANK PLC
Legal Advisor
-
the change foundation 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 change foundation.
the change foundation 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 change foundation Companies House Filings - See Documents
| date | description | view/download |
|---|
