the harpur trust
the harpur trust Company Information
Company Number
03475202
Next Accounts
1 days late
Shareholders
-
Group Structure
View All
Industry
General secondary education
+2Registered Address
pilgrim centre brickhill drive, bedford, MK41 7PZ
the harpur trust Estimated Valuation
Pomanda estimates the enterprise value of THE HARPUR TRUST at £127.3m based on a Turnover of £68.6m and 1.86x industry multiple (adjusted for size and gross margin).
the harpur trust Estimated Valuation
Pomanda estimates the enterprise value of THE HARPUR TRUST at £98.2m based on an EBITDA of £10.4m and a 9.41x industry multiple (adjusted for size and gross margin).
the harpur trust Estimated Valuation
Pomanda estimates the enterprise value of THE HARPUR TRUST at £593m based on Net Assets of £214.7m and 2.76x industry multiple (adjusted for liquidity).
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The Harpur Trust Overview
The Harpur Trust is a live company located in bedford, MK41 7PZ with a Companies House number of 03475202. It operates in the pre-primary education sector, SIC Code 85100. Founded in November 1997, it's largest shareholder is unknown. The Harpur Trust is a mature, large sized company, Pomanda has estimated its turnover at £68.6m with healthy growth in recent years.
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The Harpur Trust Health Check
Pomanda's financial health check has awarded The Harpur Trust a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
3 Weak
Size
annual sales of £68.6m, make it larger than the average company (£4.1m)
£68.6m - The Harpur Trust
£4.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (4.3%)
8% - The Harpur Trust
4.3% - Industry AVG
Production
with a gross margin of 47.4%, this company has a comparable cost of product (47.4%)
47.4% - The Harpur Trust
47.4% - Industry AVG
Profitability
an operating margin of 9.3% make it more profitable than the average company (6.9%)
9.3% - The Harpur Trust
6.9% - Industry AVG
Employees
with 1160 employees, this is above the industry average (86)
1160 - The Harpur Trust
86 - Industry AVG
Pay Structure
on an average salary of £36.8k, the company has an equivalent pay structure (£32.2k)
£36.8k - The Harpur Trust
£32.2k - Industry AVG
Efficiency
resulting in sales per employee of £59.2k, this is more efficient (£44.4k)
£59.2k - The Harpur Trust
£44.4k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is later than average (2 days)
3 days - The Harpur Trust
2 days - Industry AVG
Creditor Days
its suppliers are paid after 15 days, this is quicker than average (18 days)
15 days - The Harpur Trust
18 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (3 days)
0 days - The Harpur Trust
3 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 60 weeks, this is less cash available to meet short term requirements (104 weeks)
60 weeks - The Harpur Trust
104 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7.5%, this is a lower level of debt than the average (14.5%)
7.5% - The Harpur Trust
14.5% - Industry AVG
THE HARPUR TRUST financials
The Harpur Trust's latest turnover from June 2023 is £68.6 million and the company has net assets of £214.7 million. According to their latest financial statements, The Harpur Trust has 1,160 employees and maintains cash reserves of £18.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 68,626,000 | 60,686,000 | 55,138,000 | 53,866,000 | 56,235,000 | 54,363,000 | 52,794,000 | 53,185,000 | 51,919,000 | 55,270,000 | 49,568,000 | 50,354,000 | 2,944,000 | |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | 2,322,000 | 2,121,000 | 2,673,000 | |||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | 5,484,000 | -6,701,000 | 243,000 | -1,282,000 | 1,892,000 | 2,322,000 | 2,121,000 | 2,673,000 | 3,374,000 | 7,957,000 | 2,070,000 | 1,697,000 | -39,000 | 163,000 |
| Tax | ||||||||||||||
| Profit After Tax | 5,484,000 | -6,701,000 | 243,000 | -1,282,000 | 1,892,000 | 2,322,000 | 2,121,000 | 2,673,000 | 3,374,000 | 7,957,000 | 2,070,000 | 1,697,000 | -39,000 | 163,000 |
| Dividends Paid | ||||||||||||||
| Retained Profit | 5,484,000 | -6,701,000 | 243,000 | -1,282,000 | 1,892,000 | 2,322,000 | 2,121,000 | 2,673,000 | 3,374,000 | 7,957,000 | 2,070,000 | 1,697,000 | -39,000 | 163,000 |
| Employee Costs | 42,654,000 | 38,688,000 | 37,410,000 | 37,415,000 | 35,114,000 | 33,816,000 | 33,547,000 | 33,586,000 | 32,482,000 | 31,942,000 | 31,416,000 | 32,329,000 | 2,138,000 | |
| Number Of Employees | 1,160 | 1,120 | 1,121 | 1,165 | 1,129 | 1,115 | 1,092 | 1,120 | 1,106 | 816 | 839 | 843 | 110 | |
| EBITDA* | 6,267,000 | 5,479,000 | 5,851,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 52,011,000 | 59,400,000 | 60,767,000 | 61,242,000 | 62,812,000 | 57,086,000 | 64,618,000 | 49,371,000 | 50,532,000 | 53,190,000 | 2,038,000 | |||
| Intangible Assets | ||||||||||||||
| Investments & Other | 206,057,000 | 200,518,000 | 159,747,000 | 121,219,000 | 121,475,000 | 112,540,000 | 110,070,000 | 99,563,000 | 84,858,000 | 79,749,000 | 77,911,000 | 70,885,000 | ||
| Debtors (Due After 1 year) | 3,676,000 | |||||||||||||
| Total Fixed Assets | 206,057,000 | 200,518,000 | 211,758,000 | 180,619,000 | 182,242,000 | 173,782,000 | 172,882,000 | 160,325,000 | 149,476,000 | 129,120,000 | 128,443,000 | 124,075,000 | 2,038,000 | |
| Stock & work in progress | 10,000 | 14,000 | 18,000 | 13,000 | 13,000 | 5,000 | 13,000 | 24,000 | 109,000 | 158,000 | 132,000 | 123,000 | 29,000 | |
| Trade Debtors | 657,000 | 652,000 | 528,000 | 623,000 | 500,000 | 545,000 | 469,000 | 548,000 | 508,000 | 3,027,000 | 3,201,000 | 1,140,000 | 255,000 | |
| Group Debtors | ||||||||||||||
| Misc Debtors | 5,867,000 | 5,432,000 | 4,607,000 | 6,751,000 | 4,664,000 | 4,862,000 | 8,014,000 | 9,001,000 | 5,192,000 | 1,470,000 | 1,520,000 | 1,889,000 | 86,000 | |
| Cash | 18,928,000 | 18,526,000 | 14,368,000 | 9,728,000 | 12,255,000 | 11,346,000 | 6,790,000 | 5,599,000 | 9,937,000 | 20,238,000 | 10,690,000 | 9,410,000 | 40,000 | |
| misc current assets | 500,000 | 850,000 | 850,000 | 850,000 | 41,000 | |||||||||
| total current assets | 25,962,000 | 25,474,000 | 20,371,000 | 17,965,000 | 18,282,000 | 16,758,000 | 15,286,000 | 15,172,000 | 15,746,000 | 24,893,000 | 15,543,000 | 12,603,000 | 410,000 | |
| total assets | 232,019,000 | 225,992,000 | 232,129,000 | 198,584,000 | 200,524,000 | 190,540,000 | 188,168,000 | 175,497,000 | 165,222,000 | 154,013,000 | 143,986,000 | 136,678,000 | 2,448,000 | |
| Bank overdraft | ||||||||||||||
| Bank loan | 1,017,000 | 1,410,000 | 1,420,000 | |||||||||||
| Trade Creditors | 1,530,000 | 1,563,000 | 907,000 | 690,000 | 1,125,000 | 1,263,000 | 2,164,000 | 1,350,000 | 1,126,000 | 1,215,000 | 578,000 | 79,000 | ||
| Group/Directors Accounts | 372,000 | |||||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 14,840,000 | 13,811,000 | 13,018,000 | 12,774,000 | 12,533,000 | 13,243,000 | 13,818,000 | 14,015,000 | 13,679,000 | 13,767,000 | 13,469,000 | 13,913,000 | 364,000 | |
| total current liabilities | 16,370,000 | 15,374,000 | 13,925,000 | 13,464,000 | 13,658,000 | 14,506,000 | 15,982,000 | 15,365,000 | 14,805,000 | 15,999,000 | 15,457,000 | 15,333,000 | 815,000 | |
| loans | 5,270,000 | 6,287,000 | 7,697,000 | 1,594,000 | ||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | 933,000 | 1,216,000 | 2,036,000 | 1,574,000 | 1,625,000 | 1,040,000 | 1,309,000 | 869,000 | 932,000 | 956,000 | 1,055,000 | 1,298,000 | ||
| provisions | ||||||||||||||
| total long term liabilities | 933,000 | 1,216,000 | 2,036,000 | 1,574,000 | 1,625,000 | 1,040,000 | 1,309,000 | 869,000 | 1,894,000 | 7,970,000 | 8,881,000 | 11,212,000 | 1,594,000 | |
| total liabilities | 17,303,000 | 16,590,000 | 15,961,000 | 15,038,000 | 15,283,000 | 15,546,000 | 17,291,000 | 16,234,000 | 16,699,000 | 23,969,000 | 24,338,000 | 26,545,000 | 2,409,000 | |
| net assets | 214,716,000 | 209,402,000 | 216,168,000 | 183,546,000 | 185,241,000 | 174,994,000 | 170,877,000 | 159,263,000 | 148,523,000 | 130,044,000 | 119,648,000 | 110,133,000 | 39,000 | |
| total shareholders funds | 214,716,000 | 209,402,000 | 216,168,000 | 183,546,000 | 185,241,000 | 174,994,000 | 170,877,000 | 159,263,000 | 148,523,000 | 130,044,000 | 119,648,000 | 110,133,000 | 39,000 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 2,322,000 | 2,121,000 | 2,673,000 | |||||||||||
| Depreciation | 4,066,000 | 4,329,000 | 4,435,000 | 4,351,000 | 4,270,000 | 3,945,000 | 3,358,000 | 3,178,000 | 2,906,000 | 2,644,000 | 2,506,000 | 81,000 | ||
| Amortisation | ||||||||||||||
| Tax | ||||||||||||||
| Stock | -4,000 | -4,000 | 5,000 | 8,000 | -8,000 | -11,000 | -85,000 | -49,000 | 26,000 | 9,000 | 123,000 | -29,000 | 29,000 | |
| Debtors | 440,000 | 949,000 | -2,239,000 | 2,210,000 | -243,000 | -3,076,000 | -4,742,000 | 7,525,000 | 1,203,000 | -224,000 | 1,692,000 | 3,029,000 | -341,000 | 341,000 |
| Creditors | -33,000 | 656,000 | 217,000 | -435,000 | -138,000 | -901,000 | 814,000 | 224,000 | -89,000 | 637,000 | 578,000 | -79,000 | 79,000 | |
| Accruals and Deferred Income | 1,029,000 | 793,000 | 244,000 | 241,000 | -710,000 | -575,000 | -197,000 | 336,000 | -88,000 | 298,000 | -444,000 | 13,913,000 | -364,000 | 364,000 |
| Deferred Taxes & Provisions | ||||||||||||||
| Cash flow from operations | 7,875,000 | 10,849,000 | -1,029,000 | |||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | -2,477,000 | -9,469,000 | -1,309,000 | -7,855,000 | -1,603,000 | 782,000 | -5,076,000 | |||||||
| Change in Investments | 5,539,000 | 40,771,000 | 38,528,000 | -256,000 | 8,935,000 | 2,470,000 | 10,507,000 | 14,705,000 | 5,109,000 | 1,838,000 | 7,026,000 | 70,885,000 | ||
| cash flow from investments | -5,539,000 | -40,771,000 | -38,528,000 | 256,000 | -8,935,000 | -4,947,000 | -19,976,000 | -16,014,000 | -12,964,000 | -3,441,000 | -6,244,000 | -75,961,000 | ||
| Financing Activities | ||||||||||||||
| Bank loans | -1,017,000 | -393,000 | -10,000 | 1,420,000 | ||||||||||
| Group/Directors Accounts | -372,000 | 372,000 | ||||||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | -5,270,000 | -1,017,000 | -1,410,000 | 7,697,000 | -1,594,000 | 1,594,000 | ||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | -283,000 | -820,000 | 462,000 | -51,000 | 585,000 | -269,000 | 440,000 | -63,000 | -24,000 | -99,000 | -243,000 | 1,298,000 | ||
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | -453,000 | -885,000 | 32,841,000 | -464,000 | 8,940,000 | 1,526,000 | 9,933,000 | 8,004,000 | 8,794,000 | 930,000 | 5,782,000 | 118,851,000 | -1,966,000 | 1,842,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 402,000 | 4,158,000 | 4,640,000 | -2,527,000 | 909,000 | 4,556,000 | 1,191,000 | -4,338,000 | -10,301,000 | 9,548,000 | 1,280,000 | 9,410,000 | -40,000 | 40,000 |
| overdraft | ||||||||||||||
| change in cash | 402,000 | 4,158,000 | 4,640,000 | -2,527,000 | 909,000 | 4,556,000 | 1,191,000 | -4,338,000 | -10,301,000 | 9,548,000 | 1,280,000 | 9,410,000 | -40,000 | 40,000 |
the harpur trust Credit Report and Business Information
The Harpur Trust Competitor Analysis
Perform a competitor analysis for the harpur trust by selecting its closest rivals, whether from the EDUCATION sector, other large companies, companies in MK41 area or any other competitors across 12 key performance metrics.
the harpur trust Ownership
THE HARPUR TRUST group structure
The Harpur Trust has no subsidiary companies.
Ultimate parent company
THE HARPUR TRUST
03475202
the harpur trust directors
The Harpur Trust currently has 17 directors. The longest serving directors include Mr Hugh Stewart (Mar 2011) and Prof Stephen Mayson (Jul 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Hugh Stewart | 63 years | Mar 2011 | - | Director | |
| Prof Stephen Mayson | England | 70 years | Jul 2012 | - | Director |
| Mr William Phillimore | United Kingdom | 62 years | Jul 2012 | - | Director |
| Mrs Rhian Castell | 58 years | Jan 2014 | - | Director | |
| Mr Linbert Spencer | 77 years | May 2014 | - | Director | |
| Professor Richard Ratcliffe | 72 years | Sep 2015 | - | Director | |
| Mr Mark Taylor | United Kingdom | 66 years | Jan 2016 | - | Director |
| Mr Richard Wilson | 71 years | Sep 2022 | - | Director | |
| Ms Tanaka Chiimba | 45 years | Apr 2024 | - | Director | |
| Mr Sebastian Reger | 47 years | Apr 2024 | - | Director |
P&L
June 2023turnover
68.6m
+13%
operating profit
6.4m
0%
gross margin
47.5%
+1.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
214.7m
+0.03%
total assets
232m
+0.03%
cash
18.9m
+0.02%
net assets
Total assets minus all liabilities
the harpur trust company details
company number
03475202
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85200 - Primary education
85310 - General secondary education
85100 - Pre-primary education
incorporation date
November 1997
age
28
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2023
previous names
the bedford charity (the harpur trust) (May 2012)
harpur pre-preparatory schools ltd (December 2011)
accountant
-
auditor
HAYSMACINTYRE LLP
address
pilgrim centre brickhill drive, bedford, MK41 7PZ
Bank
HSBC BANK PLC, HSBC BANK PLC
Legal Advisor
VEALE WASBROUGH VIZARDS
the harpur 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 4 charges/mortgages relating to the harpur trust. Currently there are 1 open charges and 3 have been satisfied in the past.
the harpur 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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the harpur trust Companies House Filings - See Documents
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