association of colleges
association of colleges Company Information
Company Number
03216271
Next Accounts
Dec 2025
Shareholders
-
Group Structure
View All
Industry
Activities of business and employers membership organisations
Registered Address
10 bloomsbury way, london, WC1A 2SL
Website
http://aoc.co.ukassociation of colleges Estimated Valuation
Pomanda estimates the enterprise value of ASSOCIATION OF COLLEGES at £10.1m based on a Turnover of £16m and 0.63x industry multiple (adjusted for size and gross margin).
association of colleges Estimated Valuation
Pomanda estimates the enterprise value of ASSOCIATION OF COLLEGES at £830.4k based on an EBITDA of £266.8k and a 3.11x industry multiple (adjusted for size and gross margin).
association of colleges Estimated Valuation
Pomanda estimates the enterprise value of ASSOCIATION OF COLLEGES at £12.2m based on Net Assets of £5m and 2.45x industry multiple (adjusted for liquidity).
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Association Of Colleges Overview
Association Of Colleges is a live company located in london, WC1A 2SL with a Companies House number of 03216271. It operates in the activities of business and employers membership organizations sector, SIC Code 94110. Founded in June 1996, it's largest shareholder is unknown. Association Of Colleges is a mature, mid sized company, Pomanda has estimated its turnover at £16m with healthy growth in recent years.
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Association Of Colleges Health Check
Pomanda's financial health check has awarded Association Of Colleges 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
4 Regular
4 Weak
Size
annual sales of £16m, make it larger than the average company (£1.2m)
£16m - Association Of Colleges
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (6.2%)
11% - Association Of Colleges
6.2% - Industry AVG
Production
with a gross margin of 25.8%, this company has a higher cost of product (69.3%)
25.8% - Association Of Colleges
69.3% - Industry AVG
Profitability
an operating margin of 0.8% make it as profitable than the average company (0.8%)
0.8% - Association Of Colleges
0.8% - Industry AVG
Employees
with 152 employees, this is above the industry average (17)
152 - Association Of Colleges
17 - Industry AVG
Pay Structure
on an average salary of £55.3k, the company has a higher pay structure (£44.7k)
£55.3k - Association Of Colleges
£44.7k - Industry AVG
Efficiency
resulting in sales per employee of £105.3k, this is equally as efficient (£96.2k)
£105.3k - Association Of Colleges
£96.2k - Industry AVG
Debtor Days
it gets paid by customers after 35 days, this is near the average (37 days)
35 days - Association Of Colleges
37 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (46 days)
13 days - Association Of Colleges
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Association Of Colleges
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 71 weeks, this is average cash available to meet short term requirements (67 weeks)
71 weeks - Association Of Colleges
67 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60%, this is a higher level of debt than the average (43.2%)
60% - Association Of Colleges
43.2% - Industry AVG
ASSOCIATION OF COLLEGES financials
Association Of Colleges's latest turnover from March 2024 is £16 million and the company has net assets of £5 million. According to their latest financial statements, Association Of Colleges has 152 employees and maintains cash reserves of £9.9 million 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 | 15,999,391 | 15,136,330 | 14,486,131 | 11,759,001 | 14,608,814 | 14,304,820 | 15,256,883 | 16,899,159 | 16,264,954 | 19,146,303 | 16,389,226 | 14,623,038 | 16,110,062 | 13,169,781 | 10,778,563 |
| Other Income Or Grants | 126,254 | ||||||||||||||
| Cost Of Sales | 11,864,808 | 11,466,631 | 11,072,266 | 8,109,573 | 10,916,422 | 9,802,928 | 11,263,490 | 12,171,444 | 11,117,313 | 13,585,340 | 12,011,439 | 10,720,410 | 12,178,658 | 8,742,201 | 6,932,890 |
| Gross Profit | 4,134,583 | 3,669,699 | 3,413,865 | 3,775,682 | 3,692,392 | 4,501,892 | 3,993,393 | 4,727,715 | 5,147,641 | 5,560,963 | 4,377,787 | 3,902,628 | 3,931,404 | 4,427,580 | 3,845,673 |
| Admin Expenses | 4,008,675 | 4,405,964 | 3,957,219 | 3,896,127 | 4,606,047 | 5,482,040 | 4,332,882 | 4,772,066 | 5,413,331 | 4,895,961 | 4,057,411 | 4,236,297 | 4,070,025 | 3,568,265 | 3,499,404 |
| Operating Profit | 125,908 | -736,265 | -543,354 | -120,445 | -913,655 | -980,148 | -339,489 | -44,351 | -265,690 | 665,002 | 320,376 | -333,669 | -138,621 | 859,315 | 346,269 |
| Interest Payable | 387,000 | 406,000 | 276,000 | 244,000 | 317,000 | 304,000 | 308,000 | 308,000 | 282,000 | 98,000 | 98,000 | ||||
| Interest Receivable | 734,606 | 197,523 | 9,731 | 6,788 | 37,822 | 19,926 | 20,931 | 10,467 | 24,934 | 21,966 | 42,261 | 56,019 | 73,064 | 29,630 | 28,047 |
| Pre-Tax Profit | 860,514 | -925,742 | -939,623 | -389,657 | -1,119,833 | -1,277,222 | -622,558 | -341,884 | -548,756 | 404,968 | 264,637 | -370,650 | -59,557 | 685,945 | 226,316 |
| Tax | -156,961 | -75,520 | -36,285 | -6,853 | -3,212 | -37,734 | -18,350 | -70,269 | -103,445 | -204,042 | -185,942 | -31,665 | -42,826 | -29,789 | -88,442 |
| Profit After Tax | 703,553 | -1,001,262 | -975,908 | -396,510 | -1,123,045 | -1,314,956 | -640,908 | -412,153 | -652,201 | 200,926 | 78,695 | -402,315 | -102,383 | 656,156 | 137,874 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 703,553 | -1,001,262 | -975,908 | -396,510 | -1,123,045 | -1,314,956 | -640,908 | -412,153 | -652,201 | 200,926 | 78,695 | -402,315 | -102,383 | 656,156 | 137,874 |
| Employee Costs | 8,411,619 | 9,203,580 | 8,698,452 | 7,203,756 | 7,220,697 | 7,184,266 | 6,548,586 | 6,708,688 | 7,295,961 | 6,172,476 | 5,410,615 | 4,821,531 | 4,683,656 | 3,537,634 | 3,957,408 |
| Number Of Employees | 152 | 158 | 103 | 96 | 103 | 98 | 97 | 108 | 112 | 108 | 78 | 76 | 80 | 80 | 70 |
| EBITDA* | 266,768 | -602,892 | -370,485 | 99,396 | -720,050 | -803,042 | -132,694 | 154,275 | -70,452 | 868,588 | 478,831 | -221,003 | 13,175 | 998,388 | 494,808 |
* 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 | 131,019 | 186,009 | 182,191 | 166,269 | 236,393 | 301,724 | 294,158 | 145,048 | 257,306 | 356,657 | 327,800 | 205,311 | 160,644 | 212,795 | 266,389 |
| Intangible Assets | 14,237 | 60,618 | 106,998 | 96,429 | 14,202 | 28,416 | 42,624 | ||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 131,019 | 200,246 | 242,809 | 273,267 | 332,822 | 301,724 | 308,360 | 173,464 | 299,930 | 356,657 | 327,800 | 205,311 | 160,644 | 212,795 | 266,389 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 1,541,351 | 1,658,887 | 2,266,358 | 1,387,350 | 1,542,007 | 2,895,556 | 3,388,581 | 2,523,214 | 2,575,017 | 4,106,999 | 1,904,755 | 2,333,530 | 2,012,547 | 1,193,685 | 1,767,381 |
| Group Debtors | 52,632 | 7,849 | 4,940 | 8,578 | 19,974 | 86,030 | 57,085 | 114,770 | 89,431 | 16,274 | 30,004 | ||||
| Misc Debtors | 876,892 | 777,295 | 656,860 | 850,404 | 685,772 | 623,340 | 619,913 | 471,269 | 564,791 | 546,266 | 549,822 | 659,007 | 668,845 | 508,747 | 599,290 |
| Cash | 9,941,904 | 9,651,439 | 8,561,913 | 7,829,316 | 6,828,280 | 4,971,644 | 4,588,009 | 5,505,094 | 5,555,156 | 5,712,095 | 7,604,888 | 9,365,755 | 10,581,019 | 14,994,689 | 4,667,049 |
| misc current assets | |||||||||||||||
| total current assets | 12,360,147 | 12,087,621 | 11,485,131 | 10,067,070 | 9,108,691 | 8,498,389 | 8,601,443 | 8,508,155 | 8,714,938 | 10,451,390 | 10,116,550 | 12,473,062 | 13,351,842 | 16,713,395 | 7,063,724 |
| total assets | 12,491,166 | 12,287,867 | 11,727,940 | 10,340,337 | 9,441,513 | 8,800,113 | 8,909,803 | 8,681,619 | 9,014,868 | 10,808,047 | 10,444,350 | 12,678,373 | 13,512,486 | 16,926,190 | 7,330,113 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 432,467 | 416,580 | 470,299 | 386,426 | 377,815 | 579,906 | 754,665 | 289,558 | 447,076 | 688,228 | 509,176 | 620,853 | 1,022,225 | 995,324 | 714,518 |
| Group/Directors Accounts | 222 | 2,081 | 5,528 | 259 | 10,605 | 65,356 | 13,219 | 1,362,049 | |||||||
| other short term finances | 53,500 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 6,775,535 | 7,143,573 | 7,044,713 | 6,206,343 | 5,644,888 | 4,784,444 | 4,891,070 | 5,089,280 | 5,390,344 | 6,716,006 | 7,004,424 | 8,231,635 | 9,941,110 | 13,228,332 | 3,530,217 |
| total current liabilities | 7,208,224 | 7,562,234 | 7,520,540 | 6,593,028 | 6,022,703 | 5,374,955 | 5,645,735 | 5,378,838 | 5,890,920 | 7,469,590 | 7,526,819 | 10,214,537 | 10,963,335 | 14,223,656 | 4,244,735 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 290,875 | 189,119 | 22,624 | 22,624 | 20,616 | 3,919 | 7,873 | 293,678 | 12,692 | ||||||
| total long term liabilities | 290,875 | 189,119 | 15,238,624 | 20,636,624 | 12,017,616 | 10,351,919 | 10,407,873 | 11,349,678 | 8,501,692 | 9,434,000 | 6,312,000 | 4,523,000 | 5,145,000 | 2,096,000 | 5,854,000 |
| total liabilities | 7,499,099 | 7,751,353 | 22,759,164 | 27,229,652 | 18,040,319 | 15,726,874 | 16,053,608 | 16,728,516 | 14,392,612 | 16,903,590 | 13,838,819 | 14,737,537 | 16,108,335 | 16,319,656 | 10,098,735 |
| net assets | 4,992,067 | 4,536,514 | -11,031,224 | -16,889,315 | -8,598,806 | -6,926,761 | -7,143,805 | -8,046,897 | -5,377,744 | -6,095,543 | -3,394,469 | -2,059,164 | -2,595,849 | 606,534 | -2,768,622 |
| total shareholders funds | 4,992,067 | 4,536,514 | -11,031,224 | -16,889,315 | -8,598,806 | -6,926,761 | -7,143,805 | -8,046,897 | -5,377,744 | -6,095,543 | -3,394,469 | -2,059,164 | -2,595,849 | 606,534 | -2,768,622 |
| 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 | 125,908 | -736,265 | -543,354 | -120,445 | -913,655 | -980,148 | -339,489 | -44,351 | -265,690 | 665,002 | 320,376 | -333,669 | -138,621 | 859,315 | 346,269 |
| Depreciation | 126,623 | 119,136 | 126,489 | 173,461 | 161,462 | 162,898 | 192,587 | 184,418 | 195,238 | 203,586 | 158,455 | 112,666 | 151,796 | 139,073 | 148,539 |
| Amortisation | 14,237 | 14,237 | 46,380 | 46,380 | 32,143 | 14,208 | 14,208 | 14,208 | |||||||
| Tax | -156,961 | -75,520 | -36,285 | -6,853 | -3,212 | -37,734 | -18,350 | -70,269 | -103,445 | -204,042 | -185,942 | -31,665 | -42,826 | -29,789 | -88,442 |
| Stock | |||||||||||||||
| Debtors | -17,939 | -487,036 | 685,464 | -42,657 | -1,246,334 | -486,689 | 1,010,373 | -156,721 | -1,579,513 | 2,227,633 | -595,645 | 336,484 | 1,052,117 | -677,969 | 2,396,675 |
| Creditors | 15,887 | -53,719 | 83,873 | 8,611 | -202,091 | -174,759 | 465,107 | -157,518 | -241,152 | 179,052 | -111,677 | -401,372 | 26,901 | 280,806 | 714,518 |
| Accruals and Deferred Income | -368,038 | 98,860 | 838,370 | 561,455 | 860,444 | -106,626 | -198,210 | -301,064 | -1,325,662 | -288,418 | -1,227,211 | -1,709,475 | -3,287,222 | 9,698,115 | 3,530,217 |
| Deferred Taxes & Provisions | 101,756 | 166,495 | 2,008 | 16,697 | -3,954 | -285,805 | 280,986 | 12,692 | |||||||
| Cash flow from operations | -122,649 | 20,260 | -169,991 | 707,274 | 1,198,122 | -639,426 | -1,180,325 | 63,131 | -148,506 | -1,672,453 | -450,354 | -2,699,999 | -4,342,089 | 11,625,489 | 2,254,426 |
| Investing Activities | |||||||||||||||
| capital expenditure | -170,537 | -322,993 | -51,691 | -151,676 | -294,821 | -164,519 | -99,645 | -91,303 | -146,738 | ||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | -170,537 | -322,993 | -51,691 | -151,676 | -294,821 | -164,519 | -99,645 | -91,303 | -146,738 | ||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -1,859 | -3,447 | 5,269 | 259 | -10,605 | 10,605 | -65,356 | 52,137 | -1,348,830 | 1,362,049 | |||||
| Other Short Term Loans | -53,500 | 53,500 | |||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 734,606 | -189,477 | -396,269 | -269,212 | -206,178 | -297,074 | -283,069 | -297,533 | -283,066 | -260,034 | -55,739 | -41,981 | 73,064 | 29,630 | 28,047 |
| cash flow from financing | 484,747 | 16,376,076 | 6,442,999 | -8,162,952 | -765,783 | 1,245,531 | 1,260,931 | -2,608,033 | 1,075,078 | -3,109,897 | -2,818,569 | 2,259,068 | -3,026,936 | 2,748,630 | -2,878,449 |
| cash and cash equivalents | |||||||||||||||
| cash | 290,465 | 1,089,526 | 732,597 | 1,001,036 | 1,856,636 | 383,635 | -917,085 | -50,062 | -156,939 | -1,892,793 | -1,760,867 | -1,215,264 | -4,413,670 | 10,327,640 | 4,667,049 |
| overdraft | |||||||||||||||
| change in cash | 290,465 | 1,089,526 | 732,597 | 1,001,036 | 1,856,636 | 383,635 | -917,085 | -50,062 | -156,939 | -1,892,793 | -1,760,867 | -1,215,264 | -4,413,670 | 10,327,640 | 4,667,049 |
association of colleges Credit Report and Business Information
Association Of Colleges Competitor Analysis
Perform a competitor analysis for association of colleges by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other mid companies, companies in WC1A area or any other competitors across 12 key performance metrics.
association of colleges Ownership
ASSOCIATION OF COLLEGES group structure
Association Of Colleges has 1 subsidiary company.
association of colleges directors
Association Of Colleges currently has 18 directors. The longest serving directors include Mr Peter Brophy (Nov 2007) and Mr Gerard McDonald (Dec 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Brophy | 64 years | Nov 2007 | - | Director | |
| Mr Gerard McDonald | England | 58 years | Dec 2014 | - | Director |
| Mr Jatinder Sharma | England | 57 years | Mar 2015 | - | Director |
| Mr David Hughes | England | 59 years | Sep 2016 | - | Director |
| Ms Angela Foulkes | England | 57 years | Dec 2019 | - | Director |
| Mr Andrew Berry | United Kingdom | 53 years | Dec 2019 | - | Director |
| Dr Shaid Mahmood | 60 years | Jan 2020 | - | Director | |
| Mr William Baldwin | England | 46 years | Feb 2020 | - | Director |
| Mr Anthony Bravo | England | 62 years | Mar 2020 | - | Director |
| Mr David Williams | 52 years | Mar 2021 | - | Director |
P&L
March 2024turnover
16m
+6%
operating profit
125.9k
-117%
gross margin
25.9%
+6.59%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
5m
+0.1%
total assets
12.5m
+0.02%
cash
9.9m
+0.03%
net assets
Total assets minus all liabilities
association of colleges company details
company number
03216271
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
94110 - Activities of business and employers membership organisations
incorporation date
June 1996
age
29
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
abc (1996) (July 1996)
accountant
-
auditor
BISHOP FLEMING LLP
address
10 bloomsbury way, london, WC1A 2SL
Bank
BARCLAYS BANK PLC
Legal Advisor
EVERSHEDS SUTHERLAND LLP
association of colleges 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 2 charges/mortgages relating to association of colleges. Currently there are 2 open charges and 0 have been satisfied in the past.
association of colleges 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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association of colleges Companies House Filings - See Documents
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