aim academies trust

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aim academies trust Company Information

Share AIM ACADEMIES TRUST

Company Number

04389132

Shareholders

-

Group Structure

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Industry

General secondary education

 

Registered Address

london academy, spur road, edgware, middlesex, HA8 8DE

aim academies trust Estimated Valuation

£22.3m

Pomanda estimates the enterprise value of AIM ACADEMIES TRUST at £22.3m based on a Turnover of £22.3m and 1x industry multiple (adjusted for size and gross margin).

aim academies trust Estimated Valuation

£1.9m

Pomanda estimates the enterprise value of AIM ACADEMIES TRUST at £1.9m based on an EBITDA of £295.5k and a 6.6x industry multiple (adjusted for size and gross margin).

aim academies trust Estimated Valuation

£142.3m

Pomanda estimates the enterprise value of AIM ACADEMIES TRUST at £142.3m based on Net Assets of £59.2m and 2.4x industry multiple (adjusted for liquidity).

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Aim Academies Trust Overview

Aim Academies Trust is a live company located in edgware, HA8 8DE with a Companies House number of 04389132. It operates in the general secondary education sector, SIC Code 85310. Founded in March 2002, it's largest shareholder is unknown. Aim Academies Trust is a mature, large sized company, Pomanda has estimated its turnover at £22.3m with low growth in recent years.

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Aim Academies Trust Health Check

Pomanda's financial health check has awarded Aim Academies Trust a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £22.3m, make it larger than the average company (£9.6m)

£22.3m - Aim Academies Trust

£9.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (7.4%)

4% - Aim Academies Trust

7.4% - Industry AVG

production

Production

with a gross margin of 53%, this company has a comparable cost of product (53%)

53% - Aim Academies Trust

53% - Industry AVG

profitability

Profitability

an operating margin of -6.7% make it less profitable than the average company (6%)

-6.7% - Aim Academies Trust

6% - Industry AVG

employees

Employees

with 282 employees, this is above the industry average (153)

282 - Aim Academies Trust

153 - Industry AVG

paystructure

Pay Structure

on an average salary of £57.7k, the company has a higher pay structure (£43.2k)

£57.7k - Aim Academies Trust

£43.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £79.2k, this is more efficient (£62.2k)

£79.2k - Aim Academies Trust

£62.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 0 days, this is earlier than average (0 days)

0 days - Aim Academies Trust

0 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 42 days, this is slower than average (22 days)

42 days - Aim Academies Trust

22 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 1 days, this is less than average (5 days)

1 days - Aim Academies Trust

5 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 35 weeks, this is less cash available to meet short term requirements (97 weeks)

35 weeks - Aim Academies Trust

97 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 3.4%, this is a lower level of debt than the average (6.2%)

3.4% - Aim Academies Trust

6.2% - Industry AVG

AIM ACADEMIES TRUST financials

EXPORTms excel logo

Aim Academies Trust's latest turnover from August 2024 is £22.3 million and the company has net assets of £59.2 million. According to their latest financial statements, Aim Academies Trust has 282 employees and maintains cash reserves of £1.4 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2024Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Turnover22,343,00021,635,00020,788,00020,049,00035,332,61812,845,33512,174,34422,906,89712,903,92213,540,89614,133,90615,689,79510,836,84611,421,11510,898,56710,425,031
Other Income Or Grants
Cost Of Sales10,498,55410,633,90810,757,43310,554,40318,736,0746,613,3886,235,72111,611,3546,635,3117,157,1077,569,1507,746,6145,345,6025,689,5585,583,578
Gross Profit11,844,44611,001,09210,030,5679,494,59716,596,5446,231,9475,938,62311,295,5436,268,6116,383,7896,564,7567,943,1815,491,2445,731,5575,314,989
Admin Expenses13,332,97112,035,59110,638,69410,024,806-2,376,1047,505,2407,474,509542,7176,779,2076,720,7895,824,7503,388,6495,534,9706,152,0676,098,404477,159
Operating Profit-1,488,525-1,034,499-608,127-530,20918,972,648-1,273,293-1,535,88610,752,826-510,596-337,000740,0064,554,532-43,726-420,510-783,415-477,159
Interest Payable238,000
Interest Receivable176,000
Pre-Tax Profit-1,391,000-803,000-505,000-525,00015,371,143-1,248,283-1,507,7428,717,598-501,737-320,801596,9443,517,034-30,692-404,475-768,367-470,266
Tax
Profit After Tax-1,391,000-803,000-505,000-525,00015,371,143-1,248,283-1,507,7428,717,598-501,737-320,801596,9443,517,034-30,692-404,475-768,367-470,266
Dividends Paid
Retained Profit-1,391,000-803,000-505,000-525,00015,371,143-1,248,283-1,507,7428,717,598-501,737-320,801596,9443,517,034-30,692-404,475-768,367-470,266
Employee Costs16,276,00015,249,00014,297,00014,819,00014,624,7639,906,7659,801,6749,495,1069,380,3979,628,5219,576,7958,533,5067,650,2038,365,3338,179,5927,460,833
Number Of Employees282283283298306233241237244250216208171173175179
EBITDA*295,475609,501953,873999,79120,444,340-126,382-364,67311,912,887425,034591,0511,638,4955,307,932716,371406,03638,551348,020

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2024Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Tangible Assets56,063,00056,870,00056,172,00057,291,00057,288,72741,494,70542,359,75743,315,74434,412,30935,097,45235,443,72035,580,08131,698,40030,937,22231,342,88632,045,249
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets56,063,00056,870,00056,172,00057,291,00057,288,72741,494,70542,359,75743,315,74434,412,30935,097,45235,443,72035,580,08131,698,40030,937,22231,342,88632,045,249
Stock & work in progress42,00050,00089,00083,00054,57544,54362,80264,42064,42023,13019,96018,45413,36417,0385,5797,026
Trade Debtors20,00013,00013,00035,0003,83614,41415,219133,14023,90062,99543,25434,9092,80530,431127,527182,938
Group Debtors
Misc Debtors1,066,0001,005,0001,160,0001,009,0001,152,018381,225543,887284,223320,878409,209529,404487,717528,506276,75330,217125,400
Cash1,416,0002,485,0006,334,0005,452,0004,965,6153,177,8903,491,4394,013,7613,698,5703,388,4363,091,2383,156,3922,061,2963,152,1383,261,9642,757,359
misc current assets2,702,0002,510,000
total current assets5,246,0006,063,0007,596,0006,579,0006,176,0443,618,0724,113,3474,495,5444,107,7683,883,7703,683,8563,697,4722,605,9713,476,3603,425,2873,072,723
total assets61,309,00062,933,00063,768,00063,870,00063,464,77145,112,77746,473,10447,811,28838,520,07738,981,22239,127,57639,277,55334,304,37134,413,58234,768,17335,117,972
Bank overdraft
Bank loan
Trade Creditors 1,235,0001,068,000697,0001,253,000645,279277,235654,583318,7961,288,663273,7801,057,533703,081
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities837,0001,110,0001,631,0001,324,0001,605,362700,555734,2511,242,4801,077,2911,297,6242,144,5451,304,3971,384,916295,499257,383
total current liabilities2,072,0002,178,0002,328,0002,577,0002,250,641977,7901,388,8341,561,2761,288,6631,351,0711,297,6242,144,5451,304,3971,384,9161,353,032960,464
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities215,000849,0007,032,0006,224,0003,846,0002,422,0002,653,0005,111,0002,801,0002,647,0002,201,0001,327,000789,000891,000952,000
total liabilities2,072,0002,393,0003,177,0009,609,0008,474,6414,823,7903,810,8344,214,2766,399,6634,152,0713,944,6244,345,5452,631,3972,173,9162,244,0321,912,464
net assets59,237,00060,540,00060,591,00054,261,00054,990,13040,288,98742,662,27043,597,01232,120,41434,829,15135,182,95234,932,00831,672,97432,239,66632,524,14133,205,508
total shareholders funds59,237,00060,540,00060,591,00054,261,00054,990,13040,288,98742,662,27043,597,01232,120,41434,829,15135,182,95234,932,00831,672,97432,239,66632,524,14133,205,508
Aug 2024Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Operating Activities
Operating Profit-1,488,525-1,034,499-608,127-530,20918,972,648-1,273,293-1,535,88610,752,826-510,596-337,000740,0064,554,532-43,726-420,510-783,415-477,159
Depreciation1,784,0001,644,0001,562,0001,530,0001,471,6921,146,9111,171,2131,160,061935,630928,051898,489753,400760,097826,546821,966825,179
Amortisation
Tax
Stock-8,000-39,0006,00028,42510,032-18,259-1,61841,2903,1701,5065,090-3,67411,459-1,4477,026
Debtors68,000-155,000129,000-111,854760,215-163,467141,74372,585-127,426-100,45450,032-8,685224,127149,440-150,594308,338
Creditors167,000371,000-556,000607,721368,044-377,348335,787-969,8671,014,883273,780-1,057,533354,452703,081
Accruals and Deferred Income-273,000-521,000307,000-281,362904,807-33,696-508,2291,242,480-1,077,291-220,333-846,921840,148-80,5191,089,41738,116257,383
Deferred Taxes & Provisions
Cash flow from operations129,475653,501569,8731,409,57920,946,944-355,700-677,24012,112,915448,762741,782740,0366,151,675415,399277,021583,160993,120
Investing Activities
capital expenditure-177,380-57,43513,503-468,124-426,329-1,217,179-1,296,740-129,860-36,881-133,920
Change in Investments
cash flow from investments-177,380-57,43513,503-468,124-426,329-1,217,179-1,296,740-129,860-36,881-133,920
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue88,000752,0006,835,000-204,130-670,000-1,125,000573,0002,759,000-2,207,000-33,000-346,000-258,000-536,000120,00087,00033,675,774
interest-62,000
cash flow from financing88,000752,0006,835,000-204,130-670,000-1,125,000573,0002,759,000-2,207,000-33,000-408,000-258,000-536,000120,00087,00033,675,774
cash and cash equivalents
cash-1,069,000-3,849,000882,000486,3851,787,725-313,549-522,322315,191310,134297,198-65,1541,095,096-1,090,842-109,826504,6052,757,359
overdraft
change in cash-1,069,000-3,849,000882,000486,3851,787,725-313,549-522,322315,191310,134297,198-65,1541,095,096-1,090,842-109,826504,6052,757,359

aim academies trust Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Aim Academies Trust Competitor Analysis

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Perform a competitor analysis for aim academies trust by selecting its closest rivals, whether from the EDUCATION sector, other large companies, companies in HA8 area or any other competitors across 12 key performance metrics.

aim academies trust Ownership

AIM ACADEMIES TRUST group structure

Aim Academies Trust has no subsidiary companies.

Ultimate parent company

AIM ACADEMIES TRUST

04389132

AIM ACADEMIES TRUST Shareholders

--

aim academies trust directors

Aim Academies Trust currently has 10 directors. The longest serving directors include Dr Michael Platt (Mar 2002) and Mr Michael Shalson (Sep 2007).

officercountryagestartendrole
Dr Michael Platt89 years Mar 2002- Director
Mr Michael Shalson82 years Sep 2007- Director
Mr Philip O'Hear76 years Oct 2009- Director
Mr Jeremy Menell54 years Jan 2011- Director
Mr Peter Shalson68 years Oct 2012- Director
Mr Michael Van Praagh63 years Apr 2013- Director
Mr Simon Pollins61 years Jul 2016- Director
Mr Paddy McGrath48 years Sep 2018- Director
Mr Charles Boyd Bowman39 years Sep 2022- Director
Mrs Angela Trigg66 years Oct 2022- Director

P&L

August 2024

turnover

22.3m

+3%

operating profit

-1.5m

0%

gross margin

53.1%

+4.25%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

August 2024

net assets

59.2m

-0.02%

total assets

61.3m

-0.03%

cash

1.4m

-0.43%

net assets

Total assets minus all liabilities

aim academies trust company details

company number

04389132

Type

Private Limited by guarantee without Share Capital Exempt from using Limited

industry

85310 - General secondary education

incorporation date

March 2002

age

23

incorporated

UK

ultimate parent company

None

accounts

Full Accounts

last accounts submitted

August 2024

previous names

barnet city academy (December 2016)

accountant

-

auditor

BUZZACOTT LLP

address

london academy, spur road, edgware, middlesex, HA8 8DE

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

aim academies 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 aim academies trust.

aim academies 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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aim academies trust Companies House Filings - See Documents

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