tenet education services limited
tenet education services limited Company Information
Company Number
03049474
Next Accounts
Apr 2026
Shareholders
crescent purchasing limited
Group Structure
View All
Industry
Financial management
Registered Address
procurement house, leslie hough way, salford, M6 6AJ
Website
www.tenetservices.comtenet education services limited Estimated Valuation
Pomanda estimates the enterprise value of TENET EDUCATION SERVICES LIMITED at £1.7m based on a Turnover of £2.3m and 0.73x industry multiple (adjusted for size and gross margin).
tenet education services limited Estimated Valuation
Pomanda estimates the enterprise value of TENET EDUCATION SERVICES LIMITED at £31.7k based on an EBITDA of £5.6k and a 5.64x industry multiple (adjusted for size and gross margin).
tenet education services limited Estimated Valuation
Pomanda estimates the enterprise value of TENET EDUCATION SERVICES LIMITED at £1.4m based on Net Assets of £408.6k and 3.51x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Tenet Education Services Limited Overview
Tenet Education Services Limited is a live company located in salford, M6 6AJ with a Companies House number of 03049474. It operates in the financial management sector, SIC Code 70221. Founded in April 1995, it's largest shareholder is crescent purchasing limited with a 100% stake. Tenet Education Services Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.3m with healthy growth in recent years.
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Tenet Education Services Limited Health Check
Pomanda's financial health check has awarded Tenet Education Services Limited 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 £2.3m, make it larger than the average company (£871k)
£2.3m - Tenet Education Services Limited
£871k - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (9.7%)
6% - Tenet Education Services Limited
9.7% - Industry AVG
Production
with a gross margin of 77.6%, this company has a comparable cost of product (77.6%)
77.6% - Tenet Education Services Limited
77.6% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (8.1%)
-0.1% - Tenet Education Services Limited
8.1% - Industry AVG
Employees
with 40 employees, this is above the industry average (5)
40 - Tenet Education Services Limited
5 - Industry AVG
Pay Structure
on an average salary of £49.5k, the company has an equivalent pay structure (£49.5k)
- Tenet Education Services Limited
£49.5k - Industry AVG
Efficiency
resulting in sales per employee of £58k, this is less efficient (£130.7k)
£58k - Tenet Education Services Limited
£130.7k - Industry AVG
Debtor Days
it gets paid by customers after 50 days, this is earlier than average (69 days)
50 days - Tenet Education Services Limited
69 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (38 days)
4 days - Tenet Education Services Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Tenet Education Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 76 weeks, this is more cash available to meet short term requirements (31 weeks)
76 weeks - Tenet Education Services Limited
31 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 28.3%, this is a lower level of debt than the average (59.8%)
28.3% - Tenet Education Services Limited
59.8% - Industry AVG
TENET EDUCATION SERVICES LIMITED financials
Tenet Education Services Limited's latest turnover from July 2024 is £2.3 million and the company has net assets of £408.6 thousand. According to their latest financial statements, Tenet Education Services Limited has 40 employees and maintains cash reserves of £236.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,321,925 | 2,221,501 | 2,215,498 | 1,944,824 | 1,275,192 | 1,290,094 | 1,373,893 | 1,498,857 | 1,431,442 | 1,210,755 | 1,378,951 | ||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 30,515 | 136,452 | 196,199 | 307,511 | 323,764 | 174,805 | 378,729 | ||||||||
| Gross Profit | 1,244,677 | 1,153,642 | 1,177,694 | 1,191,346 | 1,107,678 | 1,035,950 | 1,000,222 | ||||||||
| Admin Expenses | 1,073,925 | 1,004,190 | 1,092,903 | 1,131,348 | 1,075,909 | 1,020,535 | 1,138,226 | ||||||||
| Operating Profit | -2,723 | -18,816 | 28,330 | -7,606 | 170,752 | 149,452 | 84,791 | 59,998 | 31,769 | 15,415 | -138,004 | ||||
| Interest Payable | 1,073 | 4,039 | 7,307 | 9,361 | 10,814 | 11,341 | 11,101 | ||||||||
| Interest Receivable | 6,925 | 19,873 | 3,401 | 2,873 | |||||||||||
| Pre-Tax Profit | 4,202 | 1,057 | 31,731 | -4,733 | 169,679 | 145,413 | 77,484 | 50,637 | 20,955 | 4,074 | -149,105 | ||||
| Tax | -35,586 | -14,626 | |||||||||||||
| Profit After Tax | 4,202 | 1,057 | 31,731 | -4,733 | 134,093 | 130,787 | 77,484 | 50,637 | 20,955 | 4,074 | -149,105 | ||||
| Dividends Paid | |||||||||||||||
| Retained Profit | 4,202 | 1,057 | 31,731 | -4,733 | 134,093 | 130,787 | 77,484 | 50,637 | 20,955 | 4,074 | -149,105 | ||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 40 | 42 | 38 | 35 | 32 | 27 | 23 | 23 | 23 | ||||||
| EBITDA* | 5,615 | -10,310 | 35,799 | 682 | 170,752 | 150,886 | 89,092 | 64,300 | 36,341 | 20,250 | -134,278 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 10,913 | 10,827 | 14,350 | 8,718 | 10,553 | 10,265 | 7,590 | 1,434 | 5,735 | 10,037 | 14,609 | 19,444 | |||
| Intangible Assets | 2,000 | ||||||||||||||
| Investments & Other | 10,000 | 10,000 | 2,000 | 2,000 | |||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 10,913 | 10,827 | 14,350 | 8,718 | 10,553 | 10,265 | 17,590 | 10,000 | 1,434 | 5,735 | 12,037 | 16,609 | 21,444 | ||
| Stock & work in progress | 5,000 | ||||||||||||||
| Trade Debtors | 322,763 | 295,941 | 387,987 | 263,428 | 196,997 | 252,478 | 269,573 | 219,099 | 215,880 | 190,471 | 234,009 | 208,514 | 219,663 | 152,907 | 253,885 |
| Group Debtors | 25,981 | 2,437 | 33 | 16,555 | |||||||||||
| Misc Debtors | 9,347 | 16,937 | 24,533 | 48,298 | 97,375 | 66,961 | 64,363 | 58,866 | 42,592 | 31,770 | 22,229 | 29,383 | 32,802 | 5,141 | |
| Cash | 236,489 | 437,036 | 299,363 | 285,892 | 403,114 | 257,338 | 731,752 | 299,879 | 20,334 | 37,309 | 3,094 | ||||
| misc current assets | |||||||||||||||
| total current assets | 559,252 | 768,305 | 706,724 | 573,886 | 648,409 | 623,746 | 1,068,286 | 583,341 | 300,080 | 270,372 | 265,779 | 230,743 | 249,046 | 185,709 | 262,120 |
| total assets | 570,165 | 779,132 | 721,074 | 582,604 | 658,962 | 634,011 | 1,085,876 | 593,341 | 300,080 | 270,372 | 267,213 | 236,478 | 261,083 | 202,318 | 283,564 |
| Bank overdraft | 15 | 3,394 | 45,654 | 54,503 | 24,454 | ||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 6,736 | 8,434 | 2,110 | 4,400 | 33,112 | 63,836 | 33,746 | 10,422 | 21,293 | 17,711 | 30,415 | 46,751 | 50,107 | 34,882 | 63,447 |
| Group/Directors Accounts | 2,446 | 81,795 | 61,270 | 16 | 6,827 | 2,000 | |||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 152,384 | 284,506 | 254,354 | 206,579 | 242,681 | 202,294 | 674,249 | 205,038 | 164,028 | 172,995 | 205,406 | 164,940 | 144,567 | 78,133 | 162,572 |
| total current liabilities | 161,566 | 374,735 | 317,734 | 210,995 | 282,620 | 266,130 | 707,995 | 215,460 | 185,321 | 190,706 | 235,836 | 215,085 | 240,328 | 167,518 | 252,473 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 82,500 | 150,000 | 200,000 | 235,000 | 235,365 | ||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 82,500 | 150,000 | 200,000 | 235,000 | 235,365 | ||||||||||
| total liabilities | 161,566 | 374,735 | 317,734 | 210,995 | 282,620 | 266,130 | 707,995 | 215,460 | 185,321 | 190,706 | 318,336 | 365,085 | 440,328 | 402,518 | 487,838 |
| net assets | 408,599 | 404,397 | 403,340 | 371,609 | 376,342 | 367,881 | 377,881 | 377,881 | 114,759 | 79,666 | -51,123 | -128,607 | -179,245 | -200,200 | -204,274 |
| total shareholders funds | 408,599 | 404,397 | 403,340 | 371,609 | 376,342 | 367,881 | 377,881 | 377,881 | 114,759 | 79,666 | -51,123 | -128,607 | -179,245 | -200,200 | -204,274 |
| Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -2,723 | -18,816 | 28,330 | -7,606 | 170,752 | 149,452 | 84,791 | 59,998 | 31,769 | 15,415 | -138,004 | ||||
| Depreciation | 8,338 | 8,506 | 7,469 | 8,288 | 5,847 | 3,248 | 1,434 | 4,301 | 4,302 | 4,572 | 4,835 | 3,726 | |||
| Amortisation | |||||||||||||||
| Tax | -35,586 | -14,626 | |||||||||||||
| Stock | -5,000 | 5,000 | |||||||||||||
| Debtors | -8,506 | -76,092 | 119,367 | 42,699 | -121,113 | 29,874 | 53,072 | 8,716 | 41,683 | -32,716 | 35,036 | -18,303 | 63,337 | -73,317 | 259,026 |
| Creditors | -1,698 | 6,324 | -2,290 | -28,712 | -30,724 | 30,090 | 23,324 | -10,871 | 3,582 | -12,704 | -16,336 | -3,356 | 15,225 | -28,565 | 63,447 |
| Accruals and Deferred Income | -132,122 | 30,152 | 47,775 | -36,102 | 40,387 | -471,955 | 469,211 | 41,010 | -8,967 | -32,411 | 40,466 | 20,373 | 66,434 | -84,439 | 162,572 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | -119,699 | 102,258 | -38,083 | -106,831 | 83,098 | 123,861 | 78,186 | 99,620 | 54,663 | -19,437 | -167,285 | ||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -10,000 | 10,000 | -2,000 | 2,000 | |||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -79,349 | 20,525 | 61,254 | -6,811 | 6,827 | -2,000 | 2,000 | ||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -82,500 | -67,500 | -50,000 | -35,000 | -365 | 235,365 | |||||||||
| share issue | |||||||||||||||
| interest | 6,925 | 19,873 | 3,401 | 2,873 | -1,073 | -4,039 | -7,307 | -9,361 | -10,814 | -11,341 | -11,101 | ||||
| cash flow from financing | -72,424 | 40,398 | 64,655 | -3,938 | -100,073 | -86,537 | -74,807 | -59,360 | -45,814 | -13,706 | 171,095 | ||||
| cash and cash equivalents | |||||||||||||||
| cash | -200,547 | 137,673 | 13,471 | -117,222 | 145,776 | -474,414 | 431,873 | 279,545 | -16,975 | 37,309 | -3,094 | 3,094 | |||
| overdraft | -15 | -3,379 | -42,260 | -8,849 | 30,049 | 24,454 | |||||||||
| change in cash | -200,547 | 137,673 | 13,471 | -117,222 | 145,776 | -474,414 | 431,873 | 279,545 | -16,975 | 37,324 | 3,379 | 42,260 | 8,849 | -33,143 | -21,360 |
tenet education services limited Credit Report and Business Information
Tenet Education Services Limited Competitor Analysis
Perform a competitor analysis for tenet education services limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in M 6 area or any other competitors across 12 key performance metrics.
tenet education services limited Ownership
TENET EDUCATION SERVICES LIMITED group structure
Tenet Education Services Limited has no subsidiary companies.
Ultimate parent company
1 parent
TENET EDUCATION SERVICES LIMITED
03049474
tenet education services limited directors
Tenet Education Services Limited currently has 8 directors. The longest serving directors include Mr Darren Lowe (May 2011) and Mr Lawrence Jenkins (May 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Darren Lowe | England | 48 years | May 2011 | - | Director |
| Mr Lawrence Jenkins | United Kingdom | 58 years | May 2018 | - | Director |
| Mr Peter Kane | England | 51 years | Jun 2019 | - | Director |
| Mrs Fatima Bensihem | England | 51 years | Jun 2021 | - | Director |
| Mr Simon Jacobs | England | 32 years | May 2024 | - | Director |
| Ms Lydia Sparrow | England | 41 years | May 2024 | - | Director |
| Mr David Thornton | England | 38 years | May 2024 | - | Director |
| Miss Aimee Williams | England | 39 years | May 2024 | - | Director |
P&L
July 2024turnover
2.3m
+5%
operating profit
-2.7k
-86%
gross margin
77.7%
-3.91%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2024net assets
408.6k
+0.01%
total assets
570.2k
-0.27%
cash
236.5k
-0.46%
net assets
Total assets minus all liabilities
tenet education services limited company details
company number
03049474
Type
Private limited with Share Capital
industry
70221 - Financial management
incorporation date
April 1995
age
30
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
July 2024
previous names
tenet school services limited (May 1998)
accountant
-
auditor
DJH AUDIT LIMITED
address
procurement house, leslie hough way, salford, M6 6AJ
Bank
-
Legal Advisor
-
tenet education services 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 did not find charges/mortgages relating to tenet education services limited.
tenet education services limited Capital Raised & Share Issues BETA
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tenet education services limited Companies House Filings - See Documents
| date | description | view/download |
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