1509 group
1509 group Company Information
Company Number
04104101
Website
http://www.rgsg.co.ukRegistered Address
royal grammar school high street, guildford, surrey, GU1 3BB
Industry
Primary education
General secondary education
Telephone
01483880604
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
-0%
1509 group Estimated Valuation
Pomanda estimates the enterprise value of 1509 GROUP at £34.8m based on a Turnover of £28.3m and 1.23x industry multiple (adjusted for size and gross margin).
1509 group Estimated Valuation
Pomanda estimates the enterprise value of 1509 GROUP at £20.3m based on an EBITDA of £2.9m and a 6.94x industry multiple (adjusted for size and gross margin).
1509 group Estimated Valuation
Pomanda estimates the enterprise value of 1509 GROUP at £83.5m based on Net Assets of £42.9m and 1.94x industry multiple (adjusted for liquidity).
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1509 Group Overview
1509 Group is a live company located in surrey, GU1 3BB with a Companies House number of 04104101. It operates in the primary education sector, SIC Code 85200. Founded in November 2000, it's largest shareholder is unknown. 1509 Group is a mature, large sized company, Pomanda has estimated its turnover at £28.3m with healthy growth in recent years.
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1509 Group Health Check
Pomanda's financial health check has awarded 1509 Group a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £28.3m, make it larger than the average company (£5.8m)
£28.3m - 1509 Group
£5.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (4.7%)
5% - 1509 Group
4.7% - Industry AVG
Production
with a gross margin of 46.9%, this company has a comparable cost of product (46.9%)
46.9% - 1509 Group
46.9% - Industry AVG
Profitability
an operating margin of 4% make it less profitable than the average company (5.8%)
4% - 1509 Group
5.8% - Industry AVG
Employees
with 203 employees, this is above the industry average (113)
203 - 1509 Group
113 - Industry AVG
Pay Structure
on an average salary of £81.9k, the company has a higher pay structure (£37k)
£81.9k - 1509 Group
£37k - Industry AVG
Efficiency
resulting in sales per employee of £139.5k, this is more efficient (£50.3k)
£139.5k - 1509 Group
£50.3k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is later than average (1 days)
2 days - 1509 Group
1 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is slower than average (18 days)
21 days - 1509 Group
18 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (5 days)
1 days - 1509 Group
5 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 91 weeks, this is average cash available to meet short term requirements (100 weeks)
91 weeks - 1509 Group
100 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 14.8%, this is a higher level of debt than the average (12.3%)
14.8% - 1509 Group
12.3% - Industry AVG
1509 GROUP financials
1509 Group's latest turnover from July 2023 is £28.3 million and the company has net assets of £42.9 million. According to their latest financial statements, 1509 Group has 203 employees and maintains cash reserves of £12.3 million 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 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 28,325,000 | 26,648,000 | 23,932,000 | 24,309,000 | 23,877,000 | 22,646,169 | 22,065,452 | 20,681,592 | 19,571,984 | 18,661,242 | 17,213,949 | 33,393 | 32,070 | 48,530 | 485,866 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 104,590 | 0 | 0 | 0 | 0 | |||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 1,080,000 | 2,357,000 | 1,498,000 | 1,791,000 | 1,285,000 | 1,518,415 | 1,868,211 | 1,938,018 | 1,229,348 | 1,558,870 | 994,917 | 22,727 | -19,409 | 38,873 | 479,560 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 1,080,000 | 2,357,000 | 1,498,000 | 1,791,000 | 1,285,000 | 1,518,415 | 1,868,211 | 1,938,018 | 1,229,348 | 1,558,870 | 994,917 | 22,727 | -19,409 | 38,873 | 479,560 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 1,080,000 | 2,357,000 | 1,498,000 | 1,791,000 | 1,285,000 | 1,518,415 | 1,868,211 | 1,938,018 | 1,229,348 | 1,558,870 | 994,917 | 22,727 | -19,409 | 38,873 | 479,560 |
| Employee Costs | 16,616,000 | 15,631,000 | 14,632,000 | 14,785,000 | 14,309,000 | 13,515,564 | 12,800,822 | 12,224,113 | 11,208,602 | 10,593,092 | 10,238,154 | 0 | 3,046 | ||
| Number Of Employees | 203 | 201 | 188 | 199 | 195 | 196 | 52 | 180 | 167 | 225 | 225 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 37,372,000 | 38,093,000 | 39,106,000 | 40,391,000 | 41,823,000 | 41,305,646 | 36,539,786 | 32,289,084 | 25,914,759 | 24,613,919 | 24,767,143 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 46,000 | 153,000 | 160,000 | 162,000 | 158,000 | 157,673 | 158,774 | 160,205 | 3,799,194 | 3,584,529 | 3,459,722 | 395,000 | 425,000 | 456,756 | 456,756 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 37,418,000 | 38,246,000 | 39,266,000 | 40,553,000 | 41,981,000 | 41,463,319 | 36,698,560 | 32,449,289 | 29,713,953 | 28,198,448 | 28,226,865 | 395,000 | 425,000 | 456,756 | 456,756 |
| Stock & work in progress | 77,000 | 87,000 | 77,000 | 81,000 | 82,000 | 82,133 | 33,062 | 19,943 | 19,768 | 26,411 | 34,477 | 0 | 0 | 0 | 0 |
| Trade Debtors | 156,000 | 97,000 | 189,000 | 120,000 | 116,000 | 46,403 | 37,432 | 14,247 | 11,012 | 20,301 | 59,295 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 498,000 | 451,000 | 725,000 | 489,000 | 797,000 | 583,763 | 615,518 | 817,112 | 734,260 | 566,822 | 338,305 | 0 | 0 | 0 | 91 |
| Cash | 12,255,000 | 13,061,000 | 10,245,000 | 7,652,000 | 6,801,000 | 2,896,765 | 5,167,985 | 7,123,913 | 7,584,602 | 7,963,773 | 6,725,364 | 73,589 | 60,938 | 61,350 | 39,073 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,203 | 1,523 | 27,466 | 4,481 |
| total current assets | 12,986,000 | 13,696,000 | 11,236,000 | 8,342,000 | 7,796,000 | 3,609,064 | 5,853,997 | 7,975,215 | 8,349,642 | 8,577,307 | 7,157,441 | 75,792 | 62,461 | 88,816 | 43,645 |
| total assets | 50,404,000 | 51,942,000 | 50,502,000 | 48,895,000 | 49,777,000 | 45,072,383 | 42,552,557 | 40,424,504 | 38,063,595 | 36,775,755 | 35,384,306 | 470,792 | 487,461 | 545,572 | 500,401 |
| Bank overdraft | 1,219,000 | 1,435,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 322,000 | 1,982,000 | 1,809,000 | 2,056,000 | 2,105,925 | 184,360 | 181,085 | 215,877 | 285,372 | 280,432 | 0 | 0 | 0 | 0 |
| Trade Creditors | 883,000 | 872,000 | 818,000 | 716,000 | 942,000 | 981,660 | 1,572,838 | 1,376,943 | 899,500 | 498,341 | 674,591 | 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 finances | 0 | 0 | 0 | 0 | 0 | 1,644,162 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 117,000 | 4,000 | 8,000 | 8,000 | 86,000 | 129,462 | 118,992 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 4,761,000 | 4,534,000 | 3,226,000 | 2,727,000 | 2,638,000 | 818,060 | 2,817,797 | 2,708,578 | 1,171,034 | 1,205,511 | 1,007,489 | 20,567 | 14,103 | 11,312 | 5,063 |
| total current liabilities | 6,980,000 | 7,167,000 | 6,034,000 | 5,260,000 | 5,722,000 | 5,679,269 | 4,693,987 | 4,266,606 | 2,286,411 | 1,989,224 | 1,962,512 | 20,567 | 14,103 | 11,312 | 5,063 |
| loans | 0 | 2,808,000 | 3,134,000 | 3,485,000 | 5,664,000 | 2,167,965 | 2,025,890 | 2,214,860 | 2,394,844 | 2,610,265 | 2,895,217 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 252,000 | 0 | 5,000 | 3,000 | 26,000 | 101,489 | 224,747 | 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 | 244,000 | 119,000 | 76,000 | 158,000 | 171,000 | 239,979 | 257,269 | 373,808 | 1,668,815 | 1,679,160 | 1,595,182 | 0 | 15,860 | 15,827 | 15,778 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,282,000 | 822,000 | 0 | 0 | 0 | 0 |
| total long term liabilities | 496,000 | 2,927,000 | 3,899,000 | 5,468,000 | 6,361,000 | 2,759,433 | 3,148,906 | 4,049,668 | 5,285,659 | 5,571,425 | 5,312,399 | 0 | 15,860 | 15,827 | 15,778 |
| total liabilities | 7,476,000 | 10,094,000 | 9,933,000 | 10,728,000 | 12,083,000 | 8,438,702 | 7,842,893 | 8,316,274 | 7,572,070 | 7,560,649 | 7,274,911 | 20,567 | 29,963 | 27,139 | 20,841 |
| net assets | 42,928,000 | 41,848,000 | 40,569,000 | 38,167,000 | 37,694,000 | 36,633,681 | 34,709,664 | 32,108,230 | 30,491,525 | 29,215,106 | 28,109,395 | 450,225 | 457,498 | 518,433 | 479,560 |
| total shareholders funds | 42,928,000 | 41,848,000 | 40,569,000 | 38,167,000 | 37,694,000 | 36,633,681 | 34,709,664 | 32,108,230 | 30,491,525 | 29,215,106 | 28,109,395 | 450,225 | 457,498 | 518,433 | 479,560 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 1,804,000 | 1,597,000 | 1,707,000 | 1,800,000 | 0 | 1,473,261 | 1,277,301 | 1,054,114 | 1,795,691 | 1,006,171 | 0 | 0 | 0 | 0 | |
| 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 | 0 | 0 |
| Stock | -10,000 | 10,000 | -4,000 | -1,000 | -133 | 49,071 | 13,119 | 175 | -6,643 | -8,066 | 34,477 | 0 | 0 | 0 | 0 |
| Debtors | 106,000 | -366,000 | 305,000 | -304,000 | 282,834 | -22,784 | -178,409 | 86,087 | 158,149 | 189,523 | 397,600 | 0 | 0 | -91 | 91 |
| Creditors | 11,000 | 54,000 | 102,000 | -226,000 | -39,660 | -591,178 | 195,895 | 477,443 | 401,159 | -176,250 | 674,591 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 227,000 | 1,308,000 | 499,000 | 89,000 | 1,819,940 | -1,999,737 | 109,219 | 1,537,544 | -34,477 | 198,022 | 986,922 | 6,464 | 2,791 | 6,249 | 5,063 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,282,000 | 460,000 | 822,000 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -6,218,430 | -5,513,075 | -6,775,052 | -3,095,350 | -891,404 | -3,033,600 | 0 | -9,770 | 0 | -456,756 |
| Change in Investments | -107,000 | -7,000 | -2,000 | 4,000 | 327 | -1,101 | -1,431 | -3,638,989 | 214,665 | 124,807 | 3,064,722 | -30,000 | -31,756 | 0 | 456,756 |
| cash flow from investments | 107,000 | 7,000 | 2,000 | -4,000 | -327 | -6,217,329 | -5,511,644 | -3,136,063 | -3,310,015 | -1,016,211 | -6,098,322 | 30,000 | 21,986 | 0 | -913,512 |
| Financing Activities | |||||||||||||||
| Bank loans | -322,000 | -1,660,000 | 173,000 | -247,000 | -49,925 | 1,921,565 | 3,275 | -34,792 | -69,495 | 4,940 | 280,432 | 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 | -1,644,162 | 1,644,162 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -2,808,000 | -326,000 | -351,000 | -2,179,000 | 3,496,035 | 142,075 | -188,970 | -179,984 | -215,421 | -284,952 | 2,895,217 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 365,000 | -9,000 | 2,000 | -101,000 | -118,951 | -112,788 | 343,739 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 125,000 | 43,000 | -82,000 | -13,000 | -68,979 | -17,290 | -116,539 | -1,295,007 | -10,345 | 83,978 | 1,595,182 | -15,860 | 33 | 49 | 15,778 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -104,590 | 0 | 0 | 0 | 0 | |||
| cash flow from financing | -2,640,000 | -3,030,000 | 646,000 | -3,858,000 | 1,389,337 | -248,190 | -649,193 | 31,330,494 | -45,860 | -41,493 | 49 | 15,778 | |||
| cash and cash equivalents | |||||||||||||||
| cash | -806,000 | 2,816,000 | 2,593,000 | 851,000 | 3,904,235 | -2,271,220 | -1,955,928 | -460,689 | -379,171 | 1,238,409 | 6,651,775 | 12,651 | -412 | 22,277 | 39,073 |
| overdraft | -216,000 | 1,435,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -590,000 | 1,381,000 | 2,593,000 | 851,000 | 3,904,235 | -2,271,220 | -1,955,928 | -460,689 | -379,171 | 1,238,409 | 6,651,775 | 12,651 | -412 | 22,277 | 39,073 |
1509 group Credit Report and Business Information
1509 Group Competitor Analysis
Perform a competitor analysis for 1509 group by selecting its closest rivals, whether from the EDUCATION sector, other large companies, companies in GU1 area or any other competitors across 12 key performance metrics.
1509 group Ownership
1509 GROUP group structure
1509 Group has 5 subsidiary companies.
Ultimate parent company
1509 GROUP
04104101
5 subsidiaries
1509 group directors
1509 Group currently has 7 directors. The longest serving directors include Mrs Sarah Creedy (Mar 2004) and Mr Simon Gimson (Mar 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Sarah Creedy | England | 61 years | Mar 2004 | - | Director |
| Mr Simon Gimson | England | 63 years | Mar 2016 | - | Director |
| Mr Nicholas Vineall | 61 years | Dec 2020 | - | Director | |
| Mr Nicholas Vineall Qc | England | 61 years | Dec 2020 | - | Director |
| Mr Michael Windsor | 59 years | Jul 2023 | - | Director | |
| Mr Thomas Lingard | 47 years | Jul 2023 | - | Director | |
| Mrs Heather Styche-Patel | England | 53 years | Jul 2023 | - | Director |
P&L
July 2023turnover
28.3m
+6%
operating profit
1.1m
0%
gross margin
46.9%
+2.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
42.9m
+0.03%
total assets
50.4m
-0.03%
cash
12.3m
-0.06%
net assets
Total assets minus all liabilities
Similar Companies
1509 group company details
company number
04104101
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85200 - Primary education
85310 - General secondary education
incorporation date
November 2000
age
24
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
July 2023
previous names
the royal grammar school, guildford (August 2018)
the royal grammar school, guildford limited (June 2001)
accountant
-
auditor
HAYSMACINTYRE LLP
address
royal grammar school high street, guildford, surrey, GU1 3BB
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
MOORE BARLOW LLP
1509 group 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 8 charges/mortgages relating to 1509 group. Currently there are 8 open charges and 0 have been satisfied in the past.
1509 group Companies House Filings - See Documents
| date | description | view/download |
|---|
