luther king house educational trust
luther king house educational trust Company Information
Group Structure
View All
Industry
Activities of religious organisations
+3Registered Address
luther king house, brighton grove, manchester, M14 5JP
luther king house educational trust Estimated Valuation
Pomanda estimates the enterprise value of LUTHER KING HOUSE EDUCATIONAL TRUST at £1.1m based on a Turnover of £1.3m and 0.89x industry multiple (adjusted for size and gross margin).
luther king house educational trust Estimated Valuation
Pomanda estimates the enterprise value of LUTHER KING HOUSE EDUCATIONAL TRUST at £0 based on an EBITDA of £-57.6k and a 4.11x industry multiple (adjusted for size and gross margin).
luther king house educational trust Estimated Valuation
Pomanda estimates the enterprise value of LUTHER KING HOUSE EDUCATIONAL TRUST at £1.5m based on Net Assets of £666.1k and 2.32x industry multiple (adjusted for liquidity).
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Luther King House Educational Trust Overview
Luther King House Educational Trust is a live company located in manchester, M14 5JP with a Companies House number of 04065581. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in August 2000, it's largest shareholder is unknown. Luther King House Educational Trust is a mature, small sized company, Pomanda has estimated its turnover at £1.3m with high growth in recent years.
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Luther King House Educational Trust Health Check
Pomanda's financial health check has awarded Luther King House Educational Trust a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £1.3m, make it smaller than the average company (£2.4m)
£1.3m - Luther King House Educational Trust
£2.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (17.1%)
22% - Luther King House Educational Trust
17.1% - Industry AVG
Production
with a gross margin of 67.3%, this company has a comparable cost of product (67.3%)
67.3% - Luther King House Educational Trust
67.3% - Industry AVG
Profitability
an operating margin of -7.7% make it less profitable than the average company (7.6%)
-7.7% - Luther King House Educational Trust
7.6% - Industry AVG
Employees
with 22 employees, this is below the industry average (35)
22 - Luther King House Educational Trust
35 - Industry AVG
Pay Structure
on an average salary of £30.3k, the company has an equivalent pay structure (£31.6k)
£30.3k - Luther King House Educational Trust
£31.6k - Industry AVG
Efficiency
resulting in sales per employee of £58.3k, this is less efficient (£86.9k)
£58.3k - Luther King House Educational Trust
£86.9k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (15 days)
2 days - Luther King House Educational Trust
15 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is quicker than average (38 days)
21 days - Luther King House Educational Trust
38 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (8 days)
1 days - Luther King House Educational Trust
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 36 weeks, this is less cash available to meet short term requirements (125 weeks)
36 weeks - Luther King House Educational Trust
125 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 54.1%, this is a higher level of debt than the average (36.6%)
54.1% - Luther King House Educational Trust
36.6% - Industry AVG
LUTHER KING HOUSE EDUCATIONAL TRUST financials
Luther King House Educational Trust's latest turnover from August 2024 is £1.3 million and the company has net assets of £666.1 thousand. According to their latest financial statements, Luther King House Educational Trust has 22 employees and maintains cash reserves of £145.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2024 | Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,282,326 | 1,290,070 | 1,168,411 | 706,329 | 1,006,028 | 1,337,984 | 1,321,735 | 1,360,588 | 1,233,036 | 1,221,967 | 1,171,074 | 1,204,626 | 1,139,150 | 1,147,446 | 1,155,279 | 1,083,557 |
| Other Income Or Grants | ||||||||||||||||
| Cost Of Sales | ||||||||||||||||
| Gross Profit | ||||||||||||||||
| Admin Expenses | ||||||||||||||||
| Operating Profit | ||||||||||||||||
| Interest Payable | 14,856 | 14,856 | 14,571 | 14,215 | ||||||||||||
| Interest Receivable | 7 | |||||||||||||||
| Pre-Tax Profit | -151,916 | 44,018 | 1,039 | -164,239 | -184,051 | -3,320 | 5,572 | 23,005 | -4,471 | 34,378 | -46,255 | 17,723 | -5,598 | -41,660 | -41,462 | -4,884 |
| Tax | -5,853 | 5,852 | ||||||||||||||
| Profit After Tax | -151,916 | 44,018 | -4,814 | -158,387 | -184,051 | -3,320 | 5,572 | 23,005 | -4,471 | 34,378 | -46,255 | 17,723 | -5,598 | -41,660 | -41,462 | -4,884 |
| Dividends Paid | ||||||||||||||||
| Retained Profit | -151,916 | 44,018 | -4,814 | -158,387 | -184,051 | -3,320 | 5,572 | 23,005 | -4,471 | 34,378 | -46,255 | 17,723 | -5,598 | -41,660 | -41,462 | -4,884 |
| Employee Costs | 667,318 | 596,142 | 585,363 | 539,102 | 636,837 | 677,620 | 651,741 | 612,923 | 605,875 | 602,721 | 650,045 | 634,563 | 627,567 | 623,877 | 604,053 | 543,888 |
| Number Of Employees | 22 | 21 | 21 | 21 | 6 | 28 | 30 | 29 | 25 | 25 | 31 | 33 | 33 | 33 | 26 | 22 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2024 | Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,257,853 | 1,275,269 | 1,296,966 | 1,340,432 | 1,454,717 | 1,413,012 | 1,435,456 | 1,449,961 | 1,378,688 | 1,393,398 | 1,445,169 | 1,434,949 | 1,440,975 | 1,500,541 | 1,523,798 | |
| Intangible Assets | ||||||||||||||||
| Investments & Other | 1,398,185 | |||||||||||||||
| Debtors (Due After 1 year) | 5,852 | 18,198 | 22,318 | |||||||||||||
| Total Fixed Assets | 1,257,853 | 1,275,269 | 1,296,966 | 1,346,284 | 1,398,185 | 1,454,717 | 1,413,012 | 1,435,456 | 1,449,961 | 1,378,688 | 1,393,398 | 1,445,169 | 1,434,949 | 1,440,975 | 1,518,739 | 1,546,116 |
| Stock & work in progress | 1,494 | 1,556 | 1,487 | 1,302 | 2,619 | 4,107 | 4,027 | 4,031 | 4,145 | 2,568 | 4,625 | 5,120 | 6,281 | 7,248 | 5,341 | 4,925 |
| Trade Debtors | 9,949 | 6,257 | 9,739 | 42,210 | 3,627 | 10,031 | 12,962 | 24,697 | 37,613 | 50,694 | 68,746 | 62,746 | 43,877 | 55,622 | 66,836 | 77,132 |
| Group Debtors | ||||||||||||||||
| Misc Debtors | 36,866 | 31,236 | 25,002 | 30,284 | 25,067 | 36,992 | 12,072 | 19,110 | 8,923 | 18,642 | 10,882 | 5,274 | 12,737 | 29,442 | 20,036 | 13,525 |
| Cash | 145,869 | 291,225 | 170,905 | 161,745 | 101,991 | 264,804 | 262,497 | 238,868 | 202,098 | 243,765 | 151,166 | 197,522 | 161,098 | 137,722 | 126,081 | 126,564 |
| misc current assets | ||||||||||||||||
| total current assets | 194,178 | 330,274 | 207,133 | 235,541 | 133,304 | 315,934 | 291,558 | 286,706 | 252,779 | 315,669 | 235,419 | 270,662 | 223,993 | 230,034 | 218,294 | 222,146 |
| total assets | 1,452,031 | 1,605,543 | 1,504,099 | 1,581,825 | 1,531,489 | 1,770,651 | 1,704,570 | 1,722,162 | 1,702,740 | 1,694,357 | 1,628,817 | 1,715,831 | 1,658,942 | 1,671,009 | 1,737,033 | 1,768,262 |
| Bank overdraft | ||||||||||||||||
| Bank loan | ||||||||||||||||
| Trade Creditors | 24,717 | 34,965 | 20,026 | 62,708 | 19,943 | 14,874 | 16,101 | 20,184 | 14,963 | 174,988 | 10,615 | 50,394 | 11,086 | 21,769 | 17,353 | 41,964 |
| Group/Directors Accounts | ||||||||||||||||
| other short term finances | 11,250 | 30,000 | 15,000 | 15,000 | 15,000 | 5,000 | 5,000 | 5,000 | ||||||||
| hp & lease commitments | ||||||||||||||||
| other current liabilities | 183,673 | 175,021 | 132,534 | 162,765 | 96,807 | 138,237 | 131,359 | 133,640 | 123,911 | 116,079 | 121,130 | 115,056 | 125,284 | 151,413 | 105,133 | |
| total current liabilities | 208,390 | 209,986 | 152,560 | 225,473 | 128,000 | 183,111 | 162,460 | 168,824 | 153,874 | 174,988 | 131,694 | 176,524 | 131,142 | 147,053 | 168,766 | 147,097 |
| loans | 577,500 | 577,500 | 577,500 | 577,500 | 466,250 | 466,250 | 417,500 | 432,500 | 447,500 | 410,000 | 415,000 | 420,000 | 8,140 | 410,000 | 410,000 | 410,000 |
| hp & lease commitments | ||||||||||||||||
| Accruals and Deferred Income | 1,800 | 5,331 | 8,862 | 15,995 | 6,924 | 425,000 | 13,698 | 16,349 | 27,785 | |||||||
| other liabilities | 2 | 1 | ||||||||||||||
| provisions | ||||||||||||||||
| total long term liabilities | 577,500 | 577,500 | 577,500 | 577,500 | 466,250 | 466,250 | 417,500 | 434,300 | 452,833 | 418,863 | 430,995 | 426,924 | 433,140 | 423,698 | 426,349 | 437,785 |
| total liabilities | 785,890 | 787,486 | 730,060 | 802,973 | 594,250 | 649,361 | 579,960 | 603,124 | 606,707 | 593,851 | 562,689 | 603,448 | 564,282 | 570,751 | 595,115 | 584,882 |
| net assets | 666,141 | 818,057 | 774,039 | 778,852 | 937,239 | 1,121,290 | 1,124,610 | 1,119,038 | 1,096,033 | 1,100,506 | 1,066,128 | 1,112,383 | 1,094,660 | 1,100,258 | 1,141,918 | 1,183,380 |
| total shareholders funds | 666,141 | 818,057 | 774,039 | 778,852 | 937,239 | 1,121,290 | 1,124,610 | 1,119,038 | 1,096,033 | 1,100,506 | 1,066,128 | 1,112,383 | 1,094,660 | 1,100,258 | 1,141,918 | 1,183,380 |
| Aug 2024 | Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Profit | ||||||||||||||||
| Depreciation | 41,676 | 43,960 | 49,623 | 57,752 | 66,180 | 69,122 | 73,740 | 72,463 | 65,855 | 18,606 | 59,980 | 62,021 | 64,490 | 84,095 | 101,585 | 84,868 |
| Amortisation | ||||||||||||||||
| Tax | -5,853 | 5,852 | ||||||||||||||
| Stock | -62 | 69 | 185 | -1,317 | -1,488 | 80 | -4 | -114 | 1,577 | -2,057 | -495 | -1,161 | -967 | 1,907 | 416 | 4,925 |
| Debtors | 9,322 | 2,752 | -43,605 | 49,652 | -18,329 | 21,989 | -18,773 | -2,729 | -22,800 | -10,292 | 11,608 | 11,406 | -28,450 | -20,006 | -7,905 | 112,975 |
| Creditors | -10,248 | 14,939 | -42,682 | 42,765 | 5,069 | -1,227 | -4,083 | 5,221 | -160,025 | 164,373 | -39,779 | 39,308 | -10,683 | 4,416 | -24,611 | 41,964 |
| Accruals and Deferred Income | 8,652 | 42,487 | -30,231 | 65,958 | -41,430 | 6,878 | -4,081 | 6,198 | 120,380 | -123,212 | 4,020 | -412,002 | 401,074 | -28,780 | 34,844 | 132,918 |
| Deferred Taxes & Provisions | ||||||||||||||||
| Cash flow from operations | ||||||||||||||||
| Investing Activities | ||||||||||||||||
| capital expenditure | -51,296 | -57,959 | -137,128 | -43,028 | -8,209 | -73,019 | ||||||||||
| Change in Investments | -1,398,185 | 1,398,185 | ||||||||||||||
| cash flow from investments | 1,398,185 | -1,398,185 | -51,296 | -57,959 | -137,128 | -43,028 | -8,209 | -73,019 | ||||||||
| Financing Activities | ||||||||||||||||
| Bank loans | ||||||||||||||||
| Group/Directors Accounts | ||||||||||||||||
| Other Short Term Loans | -11,250 | -18,750 | 15,000 | 15,000 | -5,000 | 5,000 | ||||||||||
| Long term loans | 111,250 | 48,750 | -15,000 | -15,000 | 37,500 | -5,000 | -5,000 | 411,860 | -401,860 | 410,000 | ||||||
| Hire Purchase and Lease Commitments | ||||||||||||||||
| other long term liabilities | -2 | 1 | 1 | |||||||||||||
| share issue | ||||||||||||||||
| interest | -14,856 | -14,856 | -14,571 | -14,215 | ||||||||||||
| cash flow from financing | 1 | 100,000 | -18,750 | 63,750 | -29,856 | -29,858 | 37,928 | -24,214 | 1,598,264 | |||||||
| cash and cash equivalents | ||||||||||||||||
| cash | -145,356 | 120,320 | 9,160 | 59,754 | -162,813 | 2,307 | 23,629 | 36,770 | -41,667 | 92,599 | -46,356 | 36,424 | 23,376 | 11,641 | -483 | 126,564 |
| overdraft | ||||||||||||||||
| change in cash | -145,356 | 120,320 | 9,160 | 59,754 | -162,813 | 2,307 | 23,629 | 36,770 | -41,667 | 92,599 | -46,356 | 36,424 | 23,376 | 11,641 | -483 | 126,564 |
luther king house educational trust Credit Report and Business Information
Luther King House Educational Trust Competitor Analysis
Perform a competitor analysis for luther king house educational trust by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in M14 area or any other competitors across 12 key performance metrics.
luther king house educational trust Ownership
LUTHER KING HOUSE EDUCATIONAL TRUST group structure
Luther King House Educational Trust has no subsidiary companies.
Ultimate parent company
LUTHER KING HOUSE EDUCATIONAL TRUST
04065581
luther king house educational trust directors
Luther King House Educational Trust currently has 10 directors. The longest serving directors include Reverend Simon Oxley (Jan 2009) and The Revd Dr Keith Jones (Apr 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Reverend Simon Oxley | United Kingdom | 80 years | Jan 2009 | - | Director |
| The Revd Dr Keith Jones | United Kingdom | 74 years | Apr 2013 | - | Director |
| Revd Dr Clara Rushbrook | 53 years | Apr 2015 | - | Director | |
| Dr Jacqueline Hirst | England | 68 years | Jan 2019 | - | Director |
| Ms Erica Dunmow | 66 years | Apr 2019 | - | Director | |
| Revd Jennifer Mills | 60 years | Oct 2020 | - | Director | |
| Bishop Theophilus Akano | 53 years | Jul 2021 | - | Director | |
| Rev Dr Adam Scott | 45 years | Apr 2023 | - | Director | |
| Mrs Helen Mason | 58 years | Jul 2023 | - | Director | |
| Revd Graham Edwards | 44 years | Oct 2023 | - | Director |
P&L
August 2024turnover
1.3m
-1%
operating profit
-99.3k
0%
gross margin
67.4%
+2.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2024net assets
666.1k
-0.19%
total assets
1.5m
-0.1%
cash
145.9k
-0.5%
net assets
Total assets minus all liabilities
luther king house educational trust company details
company number
04065581
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
94910 - Activities of religious organisations
85422 - Post-graduate level higher education
55100 - Hotels and similar accommodation
incorporation date
August 2000
age
25
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
August 2024
previous names
N/A
accountant
-
auditor
CROWE U.K. LLP
address
luther king house, brighton grove, manchester, M14 5JP
Bank
CAF BANK, CAF BANK, CAF BANK
Legal Advisor
-
luther king house educational 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 did not find charges/mortgages relating to luther king house educational trust.
luther king house educational trust Capital Raised & Share Issues BETA
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luther king house educational trust Companies House Filings - See Documents
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