project challenge Company Information
Company Number
03264709
Next Accounts
Apr 2025
Industry
Other education n.e.c.
Shareholders
-
Group Structure
View All
Contact
Registered Address
orangebox blackledge, halifax, HX1 1AF
project challenge Estimated Valuation
Pomanda estimates the enterprise value of PROJECT CHALLENGE at £483.6k based on a Turnover of £610k and 0.79x industry multiple (adjusted for size and gross margin).
project challenge Estimated Valuation
Pomanda estimates the enterprise value of PROJECT CHALLENGE at £485.7k based on an EBITDA of £109k and a 4.46x industry multiple (adjusted for size and gross margin).
project challenge Estimated Valuation
Pomanda estimates the enterprise value of PROJECT CHALLENGE at £879.2k based on Net Assets of £383.1k and 2.3x industry multiple (adjusted for liquidity).
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Project Challenge Overview
Project Challenge is a live company located in halifax, HX1 1AF with a Companies House number of 03264709. It operates in the other education n.e.c. sector, SIC Code 85590. Founded in October 1996, it's largest shareholder is unknown. Project Challenge is a mature, small sized company, Pomanda has estimated its turnover at £610k with rapid growth in recent years.
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Project Challenge Health Check
Pomanda's financial health check has awarded Project Challenge a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 0 areas for improvement. Company Health Check FAQs
4 Strong
5 Regular
0 Weak
Size
annual sales of £610k, make it in line with the average company (£514.1k)
£610k - Project Challenge
£514.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 34%, show it is growing at a faster rate (4.4%)
34% - Project Challenge
4.4% - Industry AVG
Production
with a gross margin of 55.6%, this company has a comparable cost of product (55.6%)
55.6% - Project Challenge
55.6% - Industry AVG
Profitability
an operating margin of 16.8% make it more profitable than the average company (5.1%)
16.8% - Project Challenge
5.1% - Industry AVG
Employees
with 14 employees, this is similar to the industry average (14)
14 - Project Challenge
14 - Industry AVG
Pay Structure
on an average salary of £26.8k, the company has an equivalent pay structure (£28.6k)
£26.8k - Project Challenge
£28.6k - Industry AVG
Efficiency
resulting in sales per employee of £43.6k, this is equally as efficient (£50.7k)
£43.6k - Project Challenge
£50.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Project Challenge
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Project Challenge
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Project Challenge
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1526 weeks, this is more cash available to meet short term requirements (113 weeks)
1526 weeks - Project Challenge
113 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2.6%, this is a lower level of debt than the average (25.5%)
2.6% - Project Challenge
25.5% - Industry AVG
PROJECT CHALLENGE financials
Project Challenge's latest turnover from July 2023 is £610 thousand and the company has net assets of £383.1 thousand. According to their latest financial statements, Project Challenge has 14 employees and maintains cash reserves of £294.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 609,977 | 509,392 | 395,933 | 255,937 | 348,819 | 307,632 | 203,276 | 259,403 | 296,545 | 279,737 | 358,060 | 345,372 | 290,028 | ||
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 | 0 | 0 | ||
Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Pre-Tax Profit | 86,832 | 93,692 | 114,450 | -51,111 | 29,167 | 2,740 | 44,802 | -43,789 | 611 | -43,412 | 23,809 | 30,634 | 7,039 | ||
Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Profit After Tax | 86,832 | 93,692 | 114,450 | -51,111 | 29,167 | 2,740 | 44,802 | -43,789 | 611 | -43,412 | 23,809 | 30,634 | 7,039 | ||
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Retained Profit | 86,832 | 93,692 | 114,450 | -51,111 | 29,167 | 2,740 | 44,802 | -43,789 | 611 | -43,412 | 23,809 | 30,634 | 7,039 | ||
Employee Costs | 374,538 | 256,716 | 211,004 | 224,505 | 106,316 | 225,783 | 220,157 | 205,866 | 208,430 | 240,289 | 190,981 | ||||
Number Of Employees | 14 | 12 | 9 | 9 | 11 | 10 | 9 | 10 | 8 | 5 | 8 | 8 | |||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 5,863 | 12,622 | 7,066 | 3,190 | 4,462 | 7,425 | 17,654 | 22,331 | 15,806 | 15,343 | 17,872 | 23,828 | 9,015 | 12,223 | 19,361 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 5,863 | 12,622 | 7,066 | 3,190 | 4,462 | 7,425 | 17,654 | 22,331 | 15,806 | 15,343 | 17,872 | 23,828 | 9,015 | 12,223 | 19,361 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 46,446 | 31,093 | 32,756 | 21,313 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 92,840 | 49,179 | 41,836 | 21,997 | 39,816 | 68,047 | 67,687 | 23,096 | 22,694 | 27,404 | 53,431 | 6,690 | 4,149 | 0 | 0 |
Cash | 294,437 | 248,157 | 164,850 | 81,135 | 104,172 | 47,417 | 33,875 | 29,950 | 85,984 | 80,174 | 92,878 | 61,585 | 51,981 | 44,599 | 56,070 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 387,277 | 297,336 | 206,686 | 103,132 | 143,988 | 115,464 | 101,562 | 53,046 | 108,678 | 107,578 | 146,309 | 114,721 | 87,223 | 77,355 | 77,383 |
total assets | 393,140 | 309,958 | 213,752 | 106,322 | 148,450 | 122,889 | 119,216 | 75,377 | 124,484 | 122,921 | 164,181 | 138,549 | 96,238 | 89,578 | 96,744 |
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,934 | 4,170 |
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 | 10,031 | 13,681 | 11,167 | 18,187 | 9,204 | 12,810 | 11,877 | 12,840 | 18,158 | 17,206 | 15,054 | 13,231 | 1,554 | 0 | 0 |
total current liabilities | 10,031 | 13,681 | 11,167 | 18,187 | 9,204 | 12,810 | 11,877 | 12,840 | 18,158 | 17,206 | 15,054 | 13,231 | 1,554 | 1,934 | 4,170 |
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 | 10,031 | 13,681 | 11,167 | 18,187 | 9,204 | 12,810 | 11,877 | 12,840 | 18,158 | 17,206 | 15,054 | 13,231 | 1,554 | 1,934 | 4,170 |
net assets | 383,109 | 296,277 | 202,585 | 88,135 | 139,246 | 110,079 | 107,339 | 62,537 | 106,326 | 105,715 | 149,127 | 125,318 | 94,684 | 87,644 | 92,574 |
total shareholders funds | 383,109 | 296,277 | 202,585 | 88,135 | 139,246 | 110,079 | 107,339 | 62,537 | 106,326 | 105,715 | 149,127 | 125,318 | 94,684 | 87,644 | 92,574 |
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 6,759 | 6,868 | 2,915 | 1,272 | 4,344 | 8,451 | 6,075 | 10,714 | 5,985 | 7,129 | 5,956 | 8,192 | 3,209 | 7,138 | 8,964 |
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 | ||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 43,661 | 7,343 | 19,839 | -17,819 | -28,231 | 360 | 44,591 | 402 | -4,710 | -26,027 | 295 | 17,894 | 2,486 | 11,443 | 21,313 |
Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,934 | -2,236 | 4,170 |
Accruals and Deferred Income | -3,650 | 2,514 | -7,020 | 8,983 | -3,606 | 933 | -963 | -5,318 | 952 | 2,152 | 1,823 | 11,677 | 1,554 | 0 | 0 |
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 | ||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
cash flow from financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | ||
cash and cash equivalents | |||||||||||||||
cash | 46,280 | 83,307 | 83,715 | -23,037 | 56,755 | 13,542 | 3,925 | -56,034 | 5,810 | -12,704 | 31,293 | 9,604 | 7,382 | -11,471 | 56,070 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 46,280 | 83,307 | 83,715 | -23,037 | 56,755 | 13,542 | 3,925 | -56,034 | 5,810 | -12,704 | 31,293 | 9,604 | 7,382 | -11,471 | 56,070 |
project challenge Credit Report and Business Information
Project Challenge Competitor Analysis
Perform a competitor analysis for project challenge by selecting its closest rivals, whether from the EDUCATION sector, other small companies, companies in HX1 area or any other competitors across 12 key performance metrics.
project challenge Ownership
PROJECT CHALLENGE group structure
Project Challenge has no subsidiary companies.
Ultimate parent company
PROJECT CHALLENGE
03264709
project challenge directors
Project Challenge currently has 7 directors. The longest serving directors include Mrs Pamela Wilson (Oct 1996) and Mr Allan Naylor (Sep 2001).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mrs Pamela Wilson | 72 years | Oct 1996 | - | Director | |
Mr Allan Naylor | United Kingdom | 72 years | Sep 2001 | - | Director |
Mr Roger Masterson | England | 59 years | Sep 2016 | - | Director |
Mr Neil Earnshaw | England | 51 years | Sep 2016 | - | Director |
Mr Christopher Eves | England | 70 years | Sep 2016 | - | Director |
Mr Roger Harvey | 77 years | Jul 2020 | - | Director | |
Mr Peter Dawber | England | 60 years | Apr 2023 | - | Director |
P&L
July 2023turnover
610k
+20%
operating profit
102.2k
0%
gross margin
55.6%
-1.8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
383.1k
+0.29%
total assets
393.1k
+0.27%
cash
294.4k
+0.19%
net assets
Total assets minus all liabilities
project challenge company details
company number
03264709
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85590 - Other education n.e.c.
incorporation date
October 1996
age
28
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
N/A
accountant
VICTORIA J ATKINSON
auditor
-
address
orangebox blackledge, halifax, HX1 1AF
Bank
YORKSHIRE BANK PLC
Legal Advisor
WILKINSON WOODWARD
project challenge 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 project challenge.
project challenge 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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project challenge Companies House Filings - See Documents
date | description | view/download |
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