fleet education services limited
fleet education services limited Company Information
Company Number
04904364
Next Accounts
Aug 2025
Shareholders
arthur bidco limited
Group Structure
View All
Industry
Educational support activities
Registered Address
wallace house 4 falcon way, welwyn garden city, AL7 1TW
Website
www.fleet-tutors.co.ukfleet education services limited Estimated Valuation
Pomanda estimates the enterprise value of FLEET EDUCATION SERVICES LIMITED at £2.4m based on a Turnover of £5.2m and 0.45x industry multiple (adjusted for size and gross margin).
fleet education services limited Estimated Valuation
Pomanda estimates the enterprise value of FLEET EDUCATION SERVICES LIMITED at £851.9k based on an EBITDA of £289k and a 2.95x industry multiple (adjusted for size and gross margin).
fleet education services limited Estimated Valuation
Pomanda estimates the enterprise value of FLEET EDUCATION SERVICES LIMITED at £7.1m based on Net Assets of £2.9m and 2.43x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Fleet Education Services Limited Overview
Fleet Education Services Limited is a live company located in welwyn garden city, AL7 1TW with a Companies House number of 04904364. It operates in the educational support services sector, SIC Code 85600. Founded in September 2003, it's largest shareholder is arthur bidco limited with a 100% stake. Fleet Education Services Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.2m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Fleet Education Services Limited Health Check
Pomanda's financial health check has awarded Fleet Education Services Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
5 Weak
Size
annual sales of £5.2m, make it larger than the average company (£352.9k)
£5.2m - Fleet Education Services Limited
£352.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (6.7%)
9% - Fleet Education Services Limited
6.7% - Industry AVG
Production
with a gross margin of 16.9%, this company has a higher cost of product (69.3%)
16.9% - Fleet Education Services Limited
69.3% - Industry AVG
Profitability
an operating margin of 5.1% make it more profitable than the average company (2.4%)
5.1% - Fleet Education Services Limited
2.4% - Industry AVG
Employees
with 37 employees, this is above the industry average (9)
37 - Fleet Education Services Limited
9 - Industry AVG
Pay Structure
on an average salary of £42.8k, the company has a higher pay structure (£27.5k)
£42.8k - Fleet Education Services Limited
£27.5k - Industry AVG
Efficiency
resulting in sales per employee of £141.3k, this is more efficient (£52.9k)
£141.3k - Fleet Education Services Limited
£52.9k - Industry AVG
Debtor Days
it gets paid by customers after 76 days, this is later than average (23 days)
76 days - Fleet Education Services Limited
23 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (20 days)
2 days - Fleet Education Services Limited
20 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Fleet Education Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (90 weeks)
2 weeks - Fleet Education Services Limited
90 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 27.6%, this is a lower level of debt than the average (34.1%)
27.6% - Fleet Education Services Limited
34.1% - Industry AVG
FLEET EDUCATION SERVICES LIMITED financials
Fleet Education Services Limited's latest turnover from November 2023 is £5.2 million and the company has net assets of £2.9 million. According to their latest financial statements, Fleet Education Services Limited has 37 employees and maintains cash reserves of £56 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 5,228,000 | 4,176,000 | 4,738,000 | 4,077,000 | 4,395,000 | 5,036,000 | 3,933,000 | 3,175,360 | |||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 4,343,000 | 3,226,000 | 3,536,000 | 3,020,000 | 3,045,000 | 3,821,000 | 2,926,000 | 1,932,502 | |||||||
| Gross Profit | 885,000 | 950,000 | 1,202,000 | 1,057,000 | 1,350,000 | 1,215,000 | 1,007,000 | 1,242,858 | |||||||
| Admin Expenses | 620,000 | 621,000 | 672,000 | 614,000 | 676,000 | 795,000 | 603,000 | 1,139,504 | |||||||
| Operating Profit | 265,000 | 329,000 | 530,000 | 443,000 | 674,000 | 420,000 | 404,000 | 103,354 | |||||||
| Interest Payable | 2,000 | 1,000 | 1,000 | 9,359 | |||||||||||
| Interest Receivable | 5,000 | 172 | |||||||||||||
| Pre-Tax Profit | 270,000 | 327,000 | 529,000 | 443,000 | 673,000 | 440,000 | 420,000 | 94,167 | |||||||
| Tax | -80,000 | -73,000 | -99,000 | -86,000 | -128,000 | -119,000 | -41,000 | -19,686 | |||||||
| Profit After Tax | 190,000 | 254,000 | 430,000 | 357,000 | 545,000 | 321,000 | 379,000 | 74,481 | |||||||
| Dividends Paid | 25,000 | ||||||||||||||
| Retained Profit | 190,000 | 254,000 | 430,000 | 357,000 | 545,000 | 321,000 | 354,000 | 74,481 | |||||||
| Employee Costs | 1,583,000 | 1,431,000 | 1,349,000 | 1,168,000 | 1,142,000 | 1,542,000 | 1,089,000 | ||||||||
| Number Of Employees | 37 | 49 | 38 | 30 | 31 | 34 | 38 | 40 | |||||||
| EBITDA* | 289,000 | 398,000 | 665,000 | 632,000 | 833,000 | 531,000 | 440,000 | 148,558 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,000 | 17,000 | 28,000 | 32,000 | 34,000 | 52,000 | 62,000 | 78,006 | 48,606 | 30,029 | 26,320 | 27,697 | 32,530 | 74,751 | 124,312 |
| Intangible Assets | 2,000 | 14,000 | 66,000 | 178,000 | 262,000 | 286,000 | 208,000 | ||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | 2,703,000 | 2,055,000 | |||||||||||||
| Total Fixed Assets | 2,710,000 | 2,086,000 | 94,000 | 210,000 | 296,000 | 338,000 | 270,000 | 78,006 | 48,606 | 30,029 | 26,320 | 27,697 | 32,530 | 74,751 | 124,312 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 1,098,000 | 318,000 | 358,000 | 332,000 | 909,000 | 924,000 | 557,000 | 545,453 | 330,346 | 370,623 | 234,805 | 275,925 | 282,831 | 328,657 | 345,484 |
| Group Debtors | 1,547,000 | ||||||||||||||
| Misc Debtors | 151,000 | 478,000 | 479,000 | 436,000 | 50,000 | 62,000 | 46,000 | 44,159 | 50,339 | ||||||
| Cash | 56,000 | 822,000 | 863,000 | 2,033,000 | 1,280,000 | 572,000 | 388,000 | 353,249 | 161,499 | 11,854 | 48,414 | 593 | 202 | 190 | 567 |
| misc current assets | |||||||||||||||
| total current assets | 1,305,000 | 1,618,000 | 3,247,000 | 2,801,000 | 2,239,000 | 1,558,000 | 991,000 | 942,861 | 491,845 | 382,477 | 283,219 | 276,518 | 283,033 | 328,847 | 396,390 |
| total assets | 4,015,000 | 3,704,000 | 3,341,000 | 3,011,000 | 2,535,000 | 1,896,000 | 1,261,000 | 1,020,867 | 540,451 | 412,506 | 309,539 | 304,215 | 315,563 | 403,598 | 520,702 |
| Bank overdraft | 74,921 | ||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 31,000 | 246,000 | 36,000 | 37,000 | 46,000 | 54,000 | 239,000 | 136,024 | 386,325 | 354,252 | 215,357 | 293,792 | 302,896 | 310,382 | 157,017 |
| Group/Directors Accounts | 525,000 | 487,000 | 368,000 | 265,000 | 131,000 | ||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 13,897 | ||||||||||||||
| other current liabilities | 553,000 | 255,000 | 475,000 | 677,000 | 683,000 | 712,000 | 213,000 | 416,675 | 174,570 | ||||||
| total current liabilities | 1,109,000 | 988,000 | 879,000 | 979,000 | 860,000 | 766,000 | 452,000 | 552,699 | 386,325 | 354,252 | 215,357 | 293,792 | 302,896 | 310,382 | 420,405 |
| loans | 111 | ||||||||||||||
| hp & lease commitments | 7,951 | ||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 3,741 | 8,197 | 33,087 | ||||||||||||
| provisions | 13,196 | 6,534 | 2,119 | 524 | 6,184 | 25,774 | |||||||||
| total long term liabilities | 13,196 | 6,534 | 2,119 | 524 | 3,741 | 8,197 | 39,271 | 33,836 | |||||||
| total liabilities | 1,109,000 | 988,000 | 879,000 | 979,000 | 860,000 | 766,000 | 452,000 | 565,895 | 392,859 | 356,371 | 215,881 | 297,533 | 311,093 | 349,653 | 454,241 |
| net assets | 2,906,000 | 2,716,000 | 2,462,000 | 2,032,000 | 1,675,000 | 1,130,000 | 809,000 | 454,972 | 147,592 | 56,135 | 93,658 | 6,682 | 4,470 | 53,945 | 66,461 |
| total shareholders funds | 2,906,000 | 2,716,000 | 2,462,000 | 2,032,000 | 1,675,000 | 1,130,000 | 809,000 | 454,972 | 147,592 | 56,135 | 93,658 | 6,682 | 4,470 | 53,945 | 66,461 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 265,000 | 329,000 | 530,000 | 443,000 | 674,000 | 420,000 | 404,000 | 103,354 | |||||||
| Depreciation | 12,000 | 17,000 | 17,000 | 26,000 | 33,000 | 34,000 | 36,000 | 26,070 | 20,347 | 15,936 | 17,208 | 26,936 | 52,202 | 62,987 | 45,204 |
| Amortisation | 12,000 | 52,000 | 118,000 | 163,000 | 126,000 | 77,000 | |||||||||
| Tax | -80,000 | -73,000 | -99,000 | -86,000 | -128,000 | -119,000 | -41,000 | -19,686 | |||||||
| Stock | |||||||||||||||
| Debtors | 1,101,000 | 467,000 | 1,616,000 | -191,000 | -27,000 | 383,000 | 13,388 | 259,266 | -40,277 | 135,818 | -41,120 | -6,906 | -45,826 | -67,166 | 395,823 |
| Creditors | -215,000 | 210,000 | -1,000 | -9,000 | -8,000 | -185,000 | 102,976 | -250,301 | 32,073 | 138,895 | -78,435 | -9,104 | -7,486 | 153,365 | 157,017 |
| Accruals and Deferred Income | 298,000 | -220,000 | -202,000 | -6,000 | -29,000 | 499,000 | -203,675 | 416,675 | -174,570 | 174,570 | |||||
| Deferred Taxes & Provisions | -13,196 | 6,662 | 4,415 | 1,595 | 524 | -6,184 | -19,590 | 25,774 | |||||||
| Cash flow from operations | -809,000 | -152,000 | -1,253,000 | 722,000 | 695,000 | 343,000 | 271,717 | 90,410 | |||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 38,000 | 119,000 | 103,000 | 134,000 | 131,000 | ||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -111 | 111 | |||||||||||||
| Hire Purchase and Lease Commitments | -21,848 | 21,848 | |||||||||||||
| other long term liabilities | -3,741 | -4,456 | -24,890 | 33,087 | |||||||||||
| share issue | |||||||||||||||
| interest | 5,000 | -2,000 | -1,000 | -1,000 | -9,187 | ||||||||||
| cash flow from financing | 43,000 | 117,000 | 102,000 | 134,000 | 130,000 | 28 | 4,752 | ||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -766,000 | -41,000 | -1,170,000 | 753,000 | 708,000 | 184,000 | 34,751 | 191,750 | 149,645 | -36,560 | 47,821 | 391 | 12 | -377 | 567 |
| overdraft | -74,921 | 74,921 | |||||||||||||
| change in cash | -766,000 | -41,000 | -1,170,000 | 753,000 | 708,000 | 184,000 | 34,751 | 191,750 | 149,645 | -36,560 | 47,821 | 391 | 12 | 74,544 | -74,354 |
fleet education services limited Credit Report and Business Information
Fleet Education Services Limited Competitor Analysis
Perform a competitor analysis for fleet education services limited by selecting its closest rivals, whether from the EDUCATION sector, other mid companies, companies in AL7 area or any other competitors across 12 key performance metrics.
fleet education services limited Ownership
FLEET EDUCATION SERVICES LIMITED group structure
Fleet Education Services Limited has no subsidiary companies.
Ultimate parent company
HOOD INVESTMENT SARL
#0139717
2 parents
FLEET EDUCATION SERVICES LIMITED
04904364
fleet education services limited directors
Fleet Education Services Limited currently has 3 directors. The longest serving directors include Mr Douglas Glenday (Jun 2022) and Ms Caroline Cheale (Apr 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Douglas Glenday | United Kingdom | 50 years | Jun 2022 | - | Director |
| Ms Caroline Cheale | United Kingdom | 49 years | Apr 2024 | - | Director |
| Ms Lisa Harrington | United Kingdom | 53 years | Apr 2024 | - | Director |
P&L
November 2023turnover
5.2m
+25%
operating profit
265k
-19%
gross margin
17%
-25.59%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
2.9m
+0.07%
total assets
4m
+0.08%
cash
56k
-0.93%
net assets
Total assets minus all liabilities
fleet education services limited company details
company number
04904364
Type
Private limited with Share Capital
industry
85600 - Educational support activities
incorporation date
September 2003
age
22
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
November 2023
previous names
streetz ahead ltd (May 2007)
accountant
-
auditor
KPMG LLP
address
wallace house 4 falcon way, welwyn garden city, AL7 1TW
Bank
-
Legal Advisor
-
fleet education services limited 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 5 charges/mortgages relating to fleet education services limited. Currently there are 1 open charges and 4 have been satisfied in the past.
fleet education services limited 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.
Click to start generating capital raising & share issue transactions for FLEET EDUCATION SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.
fleet education services limited Companies House Filings - See Documents
| date | description | view/download |
|---|
