rochdale connections trust
rochdale connections trust Company Information
Company Number
03470182
Next Accounts
2 days late
Industry
Educational support activities
Shareholders
-
Group Structure
View All
Contact
Registered Address
60 drake street, rochdale, lancashire, OL16 1PA
Website
http://r-c-t.co.ukrochdale connections trust Estimated Valuation
Pomanda estimates the enterprise value of ROCHDALE CONNECTIONS TRUST at £523.3k based on a Turnover of £755.8k and 0.69x industry multiple (adjusted for size and gross margin).
rochdale connections trust Estimated Valuation
Pomanda estimates the enterprise value of ROCHDALE CONNECTIONS TRUST at £0 based on an EBITDA of £-5.6k and a 4.39x industry multiple (adjusted for size and gross margin).
rochdale connections trust Estimated Valuation
Pomanda estimates the enterprise value of ROCHDALE CONNECTIONS TRUST at £821.7k based on Net Assets of £330.8k and 2.48x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Rochdale Connections Trust Overview
Rochdale Connections Trust is a live company located in lancashire, OL16 1PA with a Companies House number of 03470182. It operates in the educational support services sector, SIC Code 85600. Founded in November 1997, it's largest shareholder is unknown. Rochdale Connections Trust is a mature, small sized company, Pomanda has estimated its turnover at £755.8k with healthy growth in recent years.
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Rochdale Connections Trust Health Check
Pomanda's financial health check has awarded Rochdale Connections Trust a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
2 Weak
Size
annual sales of £755.8k, make it larger than the average company (£367.4k)
£755.8k - Rochdale Connections Trust
£367.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (4.4%)
14% - Rochdale Connections Trust
4.4% - Industry AVG
Production
with a gross margin of 66.5%, this company has a comparable cost of product (66.5%)
66.5% - Rochdale Connections Trust
66.5% - Industry AVG
Profitability
an operating margin of -1.3% make it less profitable than the average company (2.1%)
-1.3% - Rochdale Connections Trust
2.1% - Industry AVG
Employees
with 26 employees, this is above the industry average (9)
26 - Rochdale Connections Trust
9 - Industry AVG
Pay Structure
on an average salary of £20.7k, the company has a lower pay structure (£26.3k)
£20.7k - Rochdale Connections Trust
£26.3k - Industry AVG
Efficiency
resulting in sales per employee of £29.1k, this is less efficient (£51.3k)
£29.1k - Rochdale Connections Trust
£51.3k - Industry AVG
Debtor Days
it gets paid by customers after 20 days, this is near the average (23 days)
20 days - Rochdale Connections Trust
23 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Rochdale Connections Trust
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Rochdale Connections Trust
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 119 weeks, this is more cash available to meet short term requirements (90 weeks)
119 weeks - Rochdale Connections Trust
90 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.4%, this is a lower level of debt than the average (36.3%)
23.4% - Rochdale Connections Trust
36.3% - Industry AVG
ROCHDALE CONNECTIONS TRUST financials
Rochdale Connections Trust's latest turnover from April 2023 is £755.8 thousand and the company has net assets of £330.8 thousand. According to their latest financial statements, Rochdale Connections Trust has 26 employees and maintains cash reserves of £232 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 755,815 | 608,556 | 666,852 | 507,159 | 473,228 | 414,403 | 294,026 | 416,803 | 464,491 | 332,059 | 308,845 | 359,546 | 270,175 | 320,459 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 3,341 | 0 | 0 | 0 | |||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 1,362 | 53,013 | 111,849 | 20,453 | 74,255 | 48,758 | -70,457 | -62,935 | 70,215 | -9,277 | -76,456 | 20,284 | 42,467 | 27,331 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 1,362 | 53,013 | 111,849 | 20,453 | 74,255 | 48,758 | -70,457 | -62,935 | 70,215 | -9,277 | -76,456 | 20,284 | 42,467 | 27,331 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 1,362 | 53,013 | 111,849 | 20,453 | 74,255 | 48,758 | -70,457 | -62,935 | 70,215 | -9,277 | -76,456 | 20,284 | 42,467 | 27,331 |
| Employee Costs | 539,001 | 422,653 | 387,573 | 323,886 | 280,741 | 248,522 | 206,319 | 264,700 | 219,690 | 221,756 | 249,262 | 203,654 | 198,783 | 170,092 |
| Number Of Employees | 26 | 19 | 17 | 16 | 14 | 13 | 12 | 14 | 13 | 13 | 16 | 13 | 8 | 9 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 151,991 | 148,004 | 103,184 | 106,497 | 109,810 | 113,123 | 116,436 | 119,749 | 123,062 | 126,375 | 131,368 | 136,360 | 141,615 | 146,664 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1 | 1 | 1 | 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 | 151,992 | 148,005 | 103,185 | 106,497 | 109,810 | 113,123 | 116,436 | 119,749 | 123,062 | 126,375 | 131,368 | 136,360 | 141,615 | 146,664 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 42,966 | 30,080 | 54 | 0 | 0 | 0 | 0 | 2,314 | 1,416 | 11,154 | 52,120 | 55,929 | 30,187 | 20,546 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 4,968 | 1,283 | 10,333 | 15,765 | 12,736 | 25,538 | 25,264 | 84,560 | 16,601 | 0 | 0 | 0 | 3,294 | 0 |
| Cash | 231,984 | 311,571 | 284,989 | 169,000 | 159,087 | 64,206 | 22,142 | 16,048 | 118,990 | 44,896 | 13,438 | 45,068 | 53,049 | 10,502 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 279,918 | 342,934 | 295,376 | 184,765 | 171,823 | 89,744 | 47,406 | 102,922 | 137,007 | 56,050 | 65,558 | 100,997 | 86,530 | 31,048 |
| total assets | 431,910 | 490,939 | 398,561 | 291,262 | 281,633 | 202,867 | 163,842 | 222,671 | 260,069 | 182,425 | 196,926 | 237,357 | 228,145 | 177,712 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 8,416 | 6,595 | 0 | 4,239 | 0 | 0 | 0 | 4,897 |
| 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 | 3,964 | 0 | 888 | 2,598 | 11,929 | 7,028 | 10,526 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 54,995 | 5,417 | 5,445 | 5,445 | 5,045 | 4,845 | 4,695 | 4,445 | 2,442 | 2,881 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 101,124 | 161,515 | 122,150 | 71,705 | 76,965 | 67,127 | 63,142 | 44,215 | 24,381 | 7,149 | 10,398 | 3,106 | 16,637 | 16,411 |
| total current liabilities | 101,124 | 161,515 | 122,150 | 126,700 | 82,382 | 72,572 | 77,003 | 59,819 | 29,226 | 16,971 | 17,441 | 17,477 | 26,546 | 31,834 |
| loans | 0 | 0 | 0 | 0 | 55,142 | 60,441 | 65,743 | 71,299 | 76,355 | 81,181 | 85,935 | 49,874 | 56,174 | 51,677 |
| 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 | 55,142 | 60,441 | 65,743 | 71,299 | 76,355 | 81,181 | 85,935 | 49,874 | 56,174 | 51,677 |
| total liabilities | 101,124 | 161,515 | 122,150 | 126,700 | 137,524 | 133,013 | 142,746 | 131,118 | 105,581 | 98,152 | 103,376 | 67,351 | 82,720 | 83,511 |
| net assets | 330,786 | 329,424 | 276,411 | 164,562 | 144,109 | 69,854 | 21,096 | 91,553 | 154,488 | 84,273 | 93,550 | 170,006 | 145,425 | 94,201 |
| total shareholders funds | 330,786 | 329,424 | 276,411 | 164,562 | 144,109 | 69,854 | 21,096 | 91,553 | 154,488 | 84,273 | 93,550 | 170,006 | 145,425 | 94,201 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 4,276 | 3,464 | 3,313 | 3,313 | 3,313 | 3,313 | 3,313 | 3,313 | 3,313 | 4,993 | 4,992 | 5,255 | 5,049 | 4,992 |
| 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 | 16,571 | 20,976 | -5,378 | 3,029 | -12,802 | 274 | -61,610 | 68,857 | 6,863 | -40,966 | -3,809 | 22,448 | 12,935 | 20,546 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | -3,964 | 3,964 | -888 | -1,710 | -9,331 | 4,901 | -3,498 | 10,526 |
| Accruals and Deferred Income | -60,391 | 39,365 | 50,445 | -5,260 | 9,838 | 3,985 | 18,927 | 19,834 | 17,232 | -3,249 | 7,292 | -13,531 | 226 | 16,411 |
| 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 | 0 | 0 | 0 | 0 | 0 | |||||||||
| Change in Investments | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | -1 | 0 | 0 | |||||||||
| 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 | -54,995 | 49,578 | -28 | 0 | 400 | 200 | 150 | 250 | 2,003 | -439 | 2,881 | 0 |
| Long term loans | 0 | 0 | 0 | -55,142 | -5,299 | -5,302 | -5,556 | -5,056 | -4,826 | -4,754 | 36,061 | -6,300 | 4,497 | 51,677 |
| 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 | -3,341 | 0 | 0 | 0 | |||||
| cash flow from financing | 0 | 0 | -54,995 | -4,856 | -4,676 | -7,845 | 38,064 | -2,442 | 16,135 | |||||
| cash and cash equivalents | ||||||||||||||
| cash | -79,587 | 26,582 | 115,989 | 9,913 | 94,881 | 42,064 | 6,094 | -102,942 | 74,094 | 31,458 | -31,630 | -7,981 | 42,547 | 10,502 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -8,416 | 1,821 | 6,595 | -4,239 | 4,239 | 0 | 0 | -4,897 | 4,897 |
| change in cash | -79,587 | 26,582 | 115,989 | 9,913 | 94,881 | 50,480 | 4,273 | -109,537 | 78,333 | 27,219 | -31,630 | -7,981 | 47,444 | 5,605 |
rochdale connections trust Credit Report and Business Information
Rochdale Connections Trust Competitor Analysis
Perform a competitor analysis for rochdale connections trust by selecting its closest rivals, whether from the EDUCATION sector, other small companies, companies in OL16 area or any other competitors across 12 key performance metrics.
rochdale connections trust Ownership
ROCHDALE CONNECTIONS TRUST group structure
Rochdale Connections Trust has 1 subsidiary company.
Ultimate parent company
ROCHDALE CONNECTIONS TRUST
03470182
1 subsidiary
rochdale connections trust directors
Rochdale Connections Trust currently has 4 directors. The longest serving directors include Mr John Kay (Nov 1997) and Mrs Barbara Carter (Nov 1997).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Kay | 78 years | Nov 1997 | - | Director | |
| Mrs Barbara Carter | 78 years | Nov 1997 | - | Director | |
| Mr John Weetman | 61 years | Jun 2015 | - | Director | |
| Mrs Elizabeth Nicholls | 64 years | Aug 2018 | - | Director |
P&L
April 2023turnover
755.8k
+24%
operating profit
-9.9k
0%
gross margin
66.6%
+4.6%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
330.8k
0%
total assets
431.9k
-0.12%
cash
232k
-0.26%
net assets
Total assets minus all liabilities
rochdale connections trust company details
company number
03470182
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85600 - Educational support activities
incorporation date
November 1997
age
27
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2023
previous names
rochdale connections (August 2005)
accountant
MICHAEL J PICKUP
auditor
-
address
60 drake street, rochdale, lancashire, OL16 1PA
Bank
BARCLAYS BANK PLC
Legal Advisor
MOLESWORTHS BRIGHT CLEGG
rochdale connections trust 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 1 charges/mortgages relating to rochdale connections trust. Currently there are 1 open charges and 0 have been satisfied in the past.
rochdale connections trust 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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rochdale connections trust Companies House Filings - See Documents
| date | description | view/download |
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