the open college network south east region limited
the open college network south east region limited Company Information
Company Number
05453363
Website
http://laser-awards.org.ukRegistered Address
4 marigold drive, bisley, woking, surrey, GU24 9SF
Industry
Other education n.e.c.
Technical and vocational secondary education
Telephone
01932569894
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
-0%
the open college network south east region limited Estimated Valuation
Pomanda estimates the enterprise value of THE OPEN COLLEGE NETWORK SOUTH EAST REGION LIMITED at £1.1m based on a Turnover of £1.9m and 0.56x industry multiple (adjusted for size and gross margin).
the open college network south east region limited Estimated Valuation
Pomanda estimates the enterprise value of THE OPEN COLLEGE NETWORK SOUTH EAST REGION LIMITED at £34.3k based on an EBITDA of £7.8k and a 4.42x industry multiple (adjusted for size and gross margin).
the open college network south east region limited Estimated Valuation
Pomanda estimates the enterprise value of THE OPEN COLLEGE NETWORK SOUTH EAST REGION LIMITED at £2.6m based on Net Assets of £1.5m and 1.76x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
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The Open College Network South East Region Limited Overview
The Open College Network South East Region Limited is a live company located in woking, GU24 9SF with a Companies House number of 05453363. It operates in the technical and vocational secondary education sector, SIC Code 85320. Founded in May 2005, it's largest shareholder is unknown. The Open College Network South East Region Limited is a established, small sized company, Pomanda has estimated its turnover at £1.9m with healthy growth in recent years.
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The Open College Network South East Region Limited Health Check
Pomanda's financial health check has awarded The Open College Network South East Region Limited a 4.5 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
2 Regular
4 Weak
Size
annual sales of £1.9m, make it larger than the average company (£838k)
£1.9m - The Open College Network South East Region Limited
£838k - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (4.2%)
10% - The Open College Network South East Region Limited
4.2% - Industry AVG
Production
with a gross margin of 51.9%, this company has a comparable cost of product (51.9%)
51.9% - The Open College Network South East Region Limited
51.9% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (5.8%)
0% - The Open College Network South East Region Limited
5.8% - Industry AVG
Employees
with 33 employees, this is above the industry average (18)
33 - The Open College Network South East Region Limited
18 - Industry AVG
Pay Structure
on an average salary of £38.6k, the company has a higher pay structure (£30.6k)
£38.6k - The Open College Network South East Region Limited
£30.6k - Industry AVG
Efficiency
resulting in sales per employee of £59k, this is equally as efficient (£55.7k)
£59k - The Open College Network South East Region Limited
£55.7k - Industry AVG
Debtor Days
it gets paid by customers after 44 days, this is later than average (18 days)
44 days - The Open College Network South East Region Limited
18 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (25 days)
6 days - The Open College Network South East Region Limited
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Open College Network South East Region Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1168 weeks, this is more cash available to meet short term requirements (99 weeks)
1168 weeks - The Open College Network South East Region Limited
99 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3.5%, this is a lower level of debt than the average (22.5%)
3.5% - The Open College Network South East Region Limited
22.5% - Industry AVG
the open college network south east region limited Credit Report and Business Information
The Open College Network South East Region Limited Competitor Analysis
Perform a competitor analysis for the open college network south east region limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
the open college network south east region limited Ownership
THE OPEN COLLEGE NETWORK SOUTH EAST REGION LIMITED group structure
The Open College Network South East Region Limited has no subsidiary companies.
Ultimate parent company
THE OPEN COLLEGE NETWORK SOUTH EAST REGION LIMITED
05453363
the open college network south east region limited directors
The Open College Network South East Region Limited currently has 7 directors. The longest serving directors include Ms Fiona Morey (Nov 2014) and Mr Eddie Playfair (Dec 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Fiona Morey | England | 59 years | Nov 2014 | - | Director |
| Mr Eddie Playfair | England | 63 years | Dec 2018 | - | Director |
| Mrs Sally Kent | England | 47 years | Jun 2022 | - | Director |
| Dr Barbara Stilwell | England | 77 years | Oct 2022 | - | Director |
| Dr Rebecca Conway | England | 39 years | Dec 2022 | - | Director |
| Mr Drew Richardson-Walsh | England | 37 years | Dec 2022 | - | Director |
| Ms Sharon Baxter | England | 49 years | Dec 2022 | - | Director |
THE OPEN COLLEGE NETWORK SOUTH EAST REGION LIMITED financials
The Open College Network South East Region Limited's latest turnover from July 2023 is £1.9 million and the company has net assets of £1.5 million. According to their latest financial statements, The Open College Network South East Region Limited has 33 employees and maintains cash reserves of £1.2 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 | 1,947,667 | 1,904,286 | 1,795,138 | 1,477,090 | 1,585,070 | 1,371,047 | 1,313,707 | 1,250,938 | 1,106,842 | 1,050,631 | 1,012,986 | 1,334,303 | 1,545,613 | 1,496,759 | 1,221,779 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 46,779 | 201,651 | 243,855 | 71,618 | 265,079 | 32,438 | 168,254 | 137,710 | -20,376 | -158,884 | -394,656 | -191,188 | 380,451 | 423,871 | 208,602 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 46,779 | 201,651 | 243,855 | 71,618 | 265,079 | 32,438 | 168,254 | 137,710 | -20,376 | -158,884 | -394,656 | -191,188 | 380,451 | 423,871 | 208,602 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 46,779 | 201,651 | 243,855 | 71,618 | 265,079 | 32,438 | 168,254 | 137,710 | -20,376 | -158,884 | -394,656 | -191,188 | 380,451 | 423,871 | 208,602 |
| Employee Costs | 1,273,104 | 1,140,256 | 995,830 | 893,546 | 779,667 | 736,693 | 719,963 | 724,095 | 799,358 | 876,416 | 997,387 | 987,321 | 814,062 | 737,958 | 742,402 |
| Number Of Employees | 33 | 32 | 32 | 29 | 20 | 26 | 24 | 26 | 26 | 27 | 26 | 24 | 20 | 20 | 19 |
| 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 | 22,923 | 25,724 | 22,641 | 22,068 | 14,851 | 10,724 | 10,529 | 10,334 | 10,677 | 13,082 | 10,666 | 16,379 | 22,956 | 30,634 | 18,930 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 22,923 | 25,724 | 22,641 | 22,068 | 14,851 | 10,724 | 10,529 | 10,334 | 10,677 | 13,082 | 10,666 | 16,379 | 22,956 | 30,634 | 18,930 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 236,257 | 190,978 | 151,776 | 108,556 | 78,365 | 57,590 | 51,234 | 56,261 | 86,267 | 54,857 | 71,296 | 104,118 | 101,745 | 171,055 | 152,659 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 59,398 | 42,558 | 36,866 | 35,814 | 36,210 | 32,592 | 9,924 | 11,827 | 9,716 | 7,284 | 14,959 | 8,512 | 5,557 | 8,888 | 2,640 |
| Cash | 1,238,198 | 1,253,110 | 1,100,197 | 890,521 | 854,249 | 611,934 | 600,710 | 428,311 | 260,180 | 303,489 | 541,086 | 900,096 | 1,035,446 | 595,645 | 194,762 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,533,853 | 1,486,646 | 1,288,839 | 1,034,891 | 968,824 | 702,116 | 661,868 | 496,399 | 356,163 | 365,630 | 627,341 | 1,012,726 | 1,142,748 | 775,588 | 350,061 |
| total assets | 1,556,776 | 1,512,370 | 1,311,480 | 1,056,959 | 983,675 | 712,840 | 672,397 | 506,733 | 366,840 | 378,712 | 638,007 | 1,029,105 | 1,165,704 | 806,222 | 368,991 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 16,196 | 29,866 | 28,916 | 21,484 | 38,293 | 32,804 | 20,818 | 25,156 | 21,594 | 10,353 | 78,383 | 44,719 | 23,854 | 23,077 | 26,013 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 38,912 | 27,615 | 29,326 | 26,093 | 7,618 | 7,351 | 11,333 | 9,585 | 10,964 | 13,700 | 46,080 | 72,123 | 38,399 | 60,145 | 43,849 |
| total current liabilities | 55,108 | 57,481 | 58,242 | 47,577 | 45,911 | 40,155 | 32,151 | 34,741 | 32,558 | 24,053 | 124,463 | 116,842 | 62,253 | 83,222 | 69,862 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 55,108 | 57,481 | 58,242 | 47,577 | 45,911 | 40,155 | 32,151 | 34,741 | 32,558 | 24,053 | 124,463 | 116,842 | 62,253 | 83,222 | 69,862 |
| net assets | 1,501,668 | 1,454,889 | 1,253,238 | 1,009,382 | 937,764 | 672,685 | 640,246 | 471,992 | 334,282 | 354,659 | 513,544 | 912,263 | 1,103,451 | 723,000 | 299,129 |
| total shareholders funds | 1,501,668 | 1,454,889 | 1,253,238 | 1,009,382 | 937,764 | 672,685 | 640,246 | 471,992 | 334,282 | 354,659 | 513,544 | 912,263 | 1,103,451 | 723,000 | 299,129 |
| 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 | 7,666 | 9,064 | 7,265 | 7,306 | 4,901 | 3,524 | 3,395 | 0 | 4,285 | 5,714 | 5,385 | 7,678 | 4,752 | 6,316 | |
| Amortisation | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 62,119 | 44,894 | 44,272 | 29,795 | 24,393 | 29,024 | -6,930 | -27,895 | 33,842 | -24,114 | -26,375 | 5,328 | -72,641 | 24,644 | 155,299 |
| Creditors | -13,670 | 950 | 7,432 | -16,809 | 5,489 | 11,986 | -4,338 | 3,562 | 11,241 | -68,030 | 33,664 | 20,865 | 777 | -2,936 | 26,013 |
| Accruals and Deferred Income | 11,297 | -1,711 | 3,233 | 18,475 | 267 | -3,982 | 1,748 | -1,379 | -2,736 | -32,380 | -26,043 | 33,724 | -21,746 | 16,296 | 43,849 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -4,689 | -3,803 | -3,052 | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | -4,689 | -3,803 | -3,052 | |||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 0 | 0 | 1 | 0 | 0 | 1 | 0 | 0 | -1 | -1 | -4,063 | 0 | 0 | 0 | 90,527 |
| cash and cash equivalents | |||||||||||||||
| cash | -14,912 | 152,913 | 209,676 | 36,272 | 242,315 | 11,224 | 172,399 | 168,131 | -43,309 | -237,597 | -359,010 | -135,350 | 439,801 | 400,883 | 194,762 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -14,912 | 152,913 | 209,676 | 36,272 | 242,315 | 11,224 | 172,399 | 168,131 | -43,309 | -237,597 | -359,010 | -135,350 | 439,801 | 400,883 | 194,762 |
P&L
July 2023turnover
1.9m
+2%
operating profit
89.3
0%
gross margin
51.9%
-0.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
1.5m
+0.03%
total assets
1.6m
+0.03%
cash
1.2m
-0.01%
net assets
Total assets minus all liabilities
the open college network south east region limited company details
company number
05453363
Type
Private Ltd By Guarantee w/o Share Cap
industry
85590 - Other education n.e.c.
85320 - Technical and vocational secondary education
incorporation date
May 2005
age
19
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
4 marigold drive, bisley, woking, surrey, GU24 9SF
last accounts submitted
July 2023
the open college network south east region 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 did not find charges/mortgages relating to the open college network south east region limited.
the open college network south east region limited Companies House Filings - See Documents
| date | description | view/download |
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