race on the agenda
race on the agenda Company Information
Company Number
03425664
Website
http://rota.org.ukRegistered Address
356 holloway road, london, N7 6PA
Industry
Other education n.e.c.
Telephone
02076974093
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
-0%
race on the agenda Estimated Valuation
Pomanda estimates the enterprise value of RACE ON THE AGENDA at £127.5k based on a Turnover of £159.2k and 0.8x industry multiple (adjusted for size and gross margin).
race on the agenda Estimated Valuation
Pomanda estimates the enterprise value of RACE ON THE AGENDA at £0 based on an EBITDA of £-34.9k and a 3.82x industry multiple (adjusted for size and gross margin).
race on the agenda Estimated Valuation
Pomanda estimates the enterprise value of RACE ON THE AGENDA at £355k based on Net Assets of £153.5k and 2.31x industry multiple (adjusted for liquidity).
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Race On The Agenda Overview
Race On The Agenda is a live company located in london, N7 6PA with a Companies House number of 03425664. It operates in the other education n.e.c. sector, SIC Code 85590. Founded in August 1997, it's largest shareholder is unknown. Race On The Agenda is a mature, micro sized company, Pomanda has estimated its turnover at £159.2k with declining growth in recent years.
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Race On The Agenda Health Check
Pomanda's financial health check has awarded Race On The Agenda a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
6 Weak
Size
annual sales of £159.2k, make it smaller than the average company (£457.8k)
£159.2k - Race On The Agenda
£457.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (3.9%)
-6% - Race On The Agenda
3.9% - Industry AVG
Production
with a gross margin of 56.8%, this company has a comparable cost of product (56.8%)
56.8% - Race On The Agenda
56.8% - Industry AVG
Profitability
an operating margin of -22.2% make it less profitable than the average company (6%)
-22.2% - Race On The Agenda
6% - Industry AVG
Employees
with 4 employees, this is below the industry average (13)
4 - Race On The Agenda
13 - Industry AVG
Pay Structure
on an average salary of £35.8k, the company has a higher pay structure (£27.4k)
£35.8k - Race On The Agenda
£27.4k - Industry AVG
Efficiency
resulting in sales per employee of £39.8k, this is less efficient (£48.9k)
£39.8k - Race On The Agenda
£48.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Race On The Agenda
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Race On The Agenda
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Race On The Agenda
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1890 weeks, this is more cash available to meet short term requirements (133 weeks)
1890 weeks - Race On The Agenda
133 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2.5%, this is a lower level of debt than the average (21.7%)
2.5% - Race On The Agenda
21.7% - Industry AVG
RACE ON THE AGENDA financials
Race On The Agenda's latest turnover from March 2023 is £159.2 thousand and the company has net assets of £153.5 thousand. According to their latest financial statements, Race On The Agenda has 4 employees and maintains cash reserves of £145.6 thousand 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 | 159,249 | 235,568 | 333,027 | 190,786 | 309,011 | 318,476 | 262,484 | 185,396 | 259,354 | 198,903 | 359,914 | 350,880 | 534,865 | 542,898 |
| 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 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -26,734 | -18,564 | 104,196 | -30,639 | -6,934 | 49,080 | 12,233 | -29,291 | -24,222 | -86,104 | -8,975 | 19,713 | -67,265 | 36,856 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -26,734 | -18,564 | 104,196 | -30,639 | -6,934 | 49,080 | 12,233 | -29,291 | -24,222 | -86,104 | -8,975 | 19,713 | -67,265 | 36,856 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -26,734 | -18,564 | 104,196 | -30,639 | -6,934 | 49,080 | 12,233 | -29,291 | -24,222 | -86,104 | -8,975 | 19,713 | -67,265 | 36,856 |
| Employee Costs | 143,109 | 205,022 | 161,320 | 147,958 | 145,338 | 184,467 | 144,524 | 140,832 | 173,314 | 193,548 | 248,481 | 232,658 | 369,392 | 318,117 |
| Number Of Employees | 4 | 5 | 4 | 4 | 4 | 5 | 4 | 4 | 5 | 5 | 6 | 5 | 8 | 9 |
| 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 | 859 | 1,362 | 439 | 0 | 126 | 253 | 379 | 430 | 860 | 1,291 | 471 | 2,977 | 6,716 | 8,570 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 859 | 1,362 | 439 | 0 | 126 | 253 | 379 | 430 | 860 | 1,291 | 471 | 2,977 | 6,716 | 8,570 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13,681 | 11,904 | 18,255 | 0 | 3,038 | 8,400 | 6,400 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 11,022 | 27,008 | 4,909 | 7,178 | 2,034 | 24,851 | 22,539 | 2,521 | 3,483 | 4,000 | 13,585 | 8,624 | 9,545 | 23,573 |
| Cash | 145,623 | 263,138 | 290,198 | 143,841 | 149,537 | 138,959 | 109,189 | 60,542 | 124,068 | 172,095 | 231,322 | 216,641 | 191,346 | 258,652 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 156,645 | 290,146 | 295,107 | 151,019 | 151,571 | 163,810 | 131,728 | 76,744 | 139,455 | 194,350 | 244,907 | 228,303 | 209,291 | 288,625 |
| total assets | 157,504 | 291,508 | 295,546 | 151,019 | 151,697 | 164,063 | 132,107 | 77,174 | 140,315 | 195,641 | 245,378 | 231,280 | 216,007 | 297,195 |
| Bank overdraft | 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 |
| Trade Creditors | 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 |
| other short term finances | 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 |
| other current liabilities | 4,006 | 111,277 | 96,751 | 56,421 | 26,461 | 31,892 | 49,015 | 6,316 | 40,166 | 71,270 | 34,903 | 11,830 | 16,270 | 30,193 |
| total current liabilities | 4,006 | 111,277 | 96,751 | 56,421 | 26,461 | 31,892 | 49,015 | 6,316 | 40,166 | 71,270 | 34,903 | 11,830 | 16,270 | 30,193 |
| loans | 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 |
| 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 | 0 | 0 | 0 | 0 |
| total liabilities | 4,006 | 111,277 | 96,751 | 56,421 | 26,461 | 31,892 | 49,015 | 6,316 | 40,166 | 71,270 | 34,903 | 11,830 | 16,270 | 30,193 |
| net assets | 153,498 | 180,231 | 198,795 | 94,598 | 125,236 | 132,171 | 83,092 | 70,858 | 100,149 | 124,371 | 210,475 | 219,450 | 199,737 | 267,002 |
| total shareholders funds | 153,498 | 180,231 | 198,795 | 94,598 | 125,236 | 132,171 | 83,092 | 70,858 | 100,149 | 124,371 | 210,475 | 219,450 | 199,737 | 267,002 |
| 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 | 503 | 503 | 146 | 126 | 126 | 126 | 557 | 430 | 430 | 901 | 2,506 | 3,739 | 3,739 | 3,268 |
| Amortisation | 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 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -15,986 | 22,099 | -2,269 | 5,144 | -22,817 | 2,312 | 6,337 | 815 | -6,868 | 8,670 | 1,923 | -6,283 | -12,028 | 29,973 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -107,271 | 14,526 | 40,330 | 29,960 | -5,431 | -17,123 | 42,699 | -33,850 | -31,104 | 36,367 | 23,073 | -4,440 | -13,923 | 30,193 |
| 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 | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 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 |
| Other Short Term Loans | 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 |
| 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 | 0 | 0 | 0 |
| cash flow from financing | 1 | 0 | 1 | 1 | -1 | -1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 230,146 |
| cash and cash equivalents | ||||||||||||||
| cash | -117,515 | -27,060 | 146,357 | -5,696 | 10,578 | 29,770 | 48,647 | -63,526 | -48,027 | -59,227 | 14,681 | 25,295 | -67,306 | 258,652 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -117,515 | -27,060 | 146,357 | -5,696 | 10,578 | 29,770 | 48,647 | -63,526 | -48,027 | -59,227 | 14,681 | 25,295 | -67,306 | 258,652 |
race on the agenda Credit Report and Business Information
Race On The Agenda Competitor Analysis
Perform a competitor analysis for race on the agenda by selecting its closest rivals, whether from the EDUCATION sector, other micro companies, companies in N 7 area or any other competitors across 12 key performance metrics.
race on the agenda Ownership
RACE ON THE AGENDA group structure
Race On The Agenda has no subsidiary companies.
Ultimate parent company
RACE ON THE AGENDA
03425664
race on the agenda directors
Race On The Agenda currently has 9 directors. The longest serving directors include Dr Tele Amuludun (Jan 2007) and Mr Ali Ahmed (Jan 2007).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Tele Amuludun | United Kingdom | 70 years | Jan 2007 | - | Director |
| Mr Ali Ahmed | United Kingdom | 56 years | Jan 2007 | - | Director |
| Mr Gifford Sutherland | England | 53 years | Dec 2008 | - | Director |
| Ms Lorraine Dongo | United Kingdom | 47 years | Dec 2008 | - | Director |
| Miss Kadra Abdinasir | 34 years | Jul 2022 | - | Director | |
| Ms Michelle Daley | 32 years | Sep 2024 | - | Director | |
| Ms Ariel Breaux | 32 years | Sep 2024 | - | Director | |
| Mr Bakari Ukuu | 37 years | Sep 2024 | - | Director | |
| Mr Fevzi Hussein | 54 years | Sep 2024 | - | Director |
P&L
March 2023turnover
159.2k
-32%
operating profit
-35.4k
0%
gross margin
56.8%
+2.59%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
153.5k
-0.15%
total assets
157.5k
-0.46%
cash
145.6k
-0.45%
net assets
Total assets minus all liabilities
Similar Companies
race on the agenda company details
company number
03425664
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85590 - Other education n.e.c.
incorporation date
August 1997
age
27
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
356 holloway road, london, N7 6PA
accountant
A A BOAFO BREWU
auditor
-
race on the agenda 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 race on the agenda.
race on the agenda Companies House Filings - See Documents
| date | description | view/download |
|---|
