red balloon - norwich Company Information
Company Number
05664446
Next Accounts
May 2025
Industry
General secondary education
Shareholders
-
Group Structure
View All
Contact
Registered Address
289 drayton road, norwich, NR3 2PW
Website
www.redballoonlearner.co.ukred balloon - norwich Estimated Valuation
Pomanda estimates the enterprise value of RED BALLOON - NORWICH at £413.2k based on a Turnover of £539.3k and 0.77x industry multiple (adjusted for size and gross margin).
red balloon - norwich Estimated Valuation
Pomanda estimates the enterprise value of RED BALLOON - NORWICH at £19.1k based on an EBITDA of £4.1k and a 4.65x industry multiple (adjusted for size and gross margin).
red balloon - norwich Estimated Valuation
Pomanda estimates the enterprise value of RED BALLOON - NORWICH at £1m based on Net Assets of £481k and 2.11x industry multiple (adjusted for liquidity).
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Red Balloon - Norwich Overview
Red Balloon - Norwich is a live company located in norwich, NR3 2PW with a Companies House number of 05664446. It operates in the general secondary education sector, SIC Code 85310. Founded in January 2006, it's largest shareholder is unknown. Red Balloon - Norwich is a established, small sized company, Pomanda has estimated its turnover at £539.3k with declining growth in recent years.
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Red Balloon - Norwich Health Check
Pomanda's financial health check has awarded Red Balloon - Norwich a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £539.3k, make it smaller than the average company (£8.7m)
£539.3k - Red Balloon - Norwich
£8.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (6.4%)
-6% - Red Balloon - Norwich
6.4% - Industry AVG
Production
with a gross margin of 50.5%, this company has a comparable cost of product (50.5%)
50.5% - Red Balloon - Norwich
50.5% - Industry AVG
Profitability
an operating margin of 0.8% make it less profitable than the average company (6%)
0.8% - Red Balloon - Norwich
6% - Industry AVG
Employees
with 10 employees, this is below the industry average (147)
- Red Balloon - Norwich
147 - Industry AVG
Pay Structure
on an average salary of £41.5k, the company has an equivalent pay structure (£41.5k)
- Red Balloon - Norwich
£41.5k - Industry AVG
Efficiency
resulting in sales per employee of £53.9k, this is equally as efficient (£58.4k)
- Red Balloon - Norwich
£58.4k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is later than average (0 days)
3 days - Red Balloon - Norwich
0 days - Industry AVG
Creditor Days
its suppliers are paid after 35 days, this is slower than average (20 days)
35 days - Red Balloon - Norwich
20 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Red Balloon - Norwich
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 142 weeks, this is more cash available to meet short term requirements (102 weeks)
142 weeks - Red Balloon - Norwich
102 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45.8%, this is a higher level of debt than the average (8.4%)
45.8% - Red Balloon - Norwich
8.4% - Industry AVG
RED BALLOON - NORWICH financials
Red Balloon - Norwich's latest turnover from August 2023 is £539.3 thousand and the company has net assets of £481 thousand. According to their latest financial statements, we estimate that Red Balloon - Norwich has 10 employees and maintains cash reserves of £174.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
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 | 539,291 | 589,636 | 651,513 | 647,949 | 691,970 | 444,413 | 214,583 | 185,976 | 187,086 | 228,801 | 201,706 | ||||
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 | ||||
Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
Pre-Tax Profit | -24,626 | 43,532 | 42,563 | 98,884 | 151,609 | 116,597 | 28,898 | -19,518 | -35,895 | -26,918 | -4,317 | ||||
Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
Profit After Tax | -24,626 | 43,532 | 42,563 | 98,884 | 151,609 | 116,597 | 28,898 | -19,518 | -35,895 | -26,918 | -4,317 | ||||
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
Retained Profit | -24,626 | 43,532 | 42,563 | 98,884 | 151,609 | 116,597 | 28,898 | -19,518 | -35,895 | -26,918 | -4,317 | ||||
Employee Costs | |||||||||||||||
Number Of Employees | |||||||||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
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 | 700,799 | 700,535 | 1,407 | 5,671 | 9,935 | 6,961 | 7,297 | 8,987 | 5,814 | 2,477 | 197 | 480 | 2,205 | 3,979 | 5,611 |
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 | 700,799 | 700,535 | 1,407 | 5,671 | 9,935 | 6,961 | 7,297 | 8,987 | 5,814 | 2,477 | 197 | 480 | 2,205 | 3,979 | 5,611 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 4,652 | 0 | 0 | 0 | 0 | 0 | 58,151 | 14,788 | 20,269 | 0 | 18,611 | 0 | 0 | 20,000 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 7,512 | 0 | 522 | 3,333 | 0 | 425 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 174,933 | 334,236 | 471,992 | 429,647 | 327,887 | 171,948 | 0 | 35,840 | 65,617 | 36,331 | 7,782 | 33,834 | 10,430 | 26,926 | 66,889 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 187,097 | 334,236 | 472,514 | 432,980 | 327,887 | 172,373 | 58,151 | 50,628 | 85,886 | 36,331 | 26,393 | 33,834 | 10,430 | 46,926 | 66,889 |
total assets | 887,896 | 1,034,771 | 473,921 | 438,651 | 337,822 | 179,334 | 65,448 | 59,615 | 91,700 | 38,808 | 26,590 | 34,314 | 12,635 | 50,905 | 72,500 |
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 | 25,809 | 0 | 0 | 0 | 0 | 0 | 13,018 | 3,831 | 44,014 | 3,288 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 40,000 | 0 | 0 | 0 |
other short term finances | 27,290 | 27,290 | 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 | 10,947 | 151,088 | 11,838 | 19,131 | 17,186 | 10,307 | 0 | 0 | 0 | 0 | 8,080 | 4,702 | 3,505 | 5,880 | 557 |
total current liabilities | 64,046 | 178,378 | 11,838 | 19,131 | 17,186 | 10,307 | 13,018 | 3,831 | 44,014 | 3,288 | 8,080 | 44,702 | 3,505 | 5,880 | 557 |
loans | 342,861 | 350,778 | 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 | 342,861 | 350,778 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 406,907 | 529,156 | 11,838 | 19,131 | 17,186 | 10,307 | 13,018 | 3,831 | 44,014 | 3,288 | 8,080 | 44,702 | 3,505 | 5,880 | 557 |
net assets | 480,989 | 505,615 | 462,083 | 419,520 | 320,636 | 169,027 | 52,430 | 55,784 | 47,686 | 35,520 | 18,510 | -10,388 | 9,130 | 45,025 | 71,943 |
total shareholders funds | 480,989 | 505,615 | 462,083 | 419,520 | 320,636 | 169,027 | 52,430 | 55,784 | 47,686 | 35,520 | 18,510 | -10,388 | 9,130 | 45,025 | 71,943 |
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 | 0 | 1,407 | 4,264 | 4,264 | 4,264 | 2,454 | 1,866 | 825 | 1,023 | 546 | 4,188 | 3,573 | 3,123 | 2,750 | |
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 | ||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 12,164 | -522 | -2,811 | 3,333 | -425 | -57,726 | 43,363 | -5,481 | 20,269 | -18,611 | 18,611 | 0 | -20,000 | 20,000 | 0 |
Creditors | 25,809 | 0 | 0 | 0 | 0 | -13,018 | 9,187 | -40,183 | 40,726 | 3,288 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | -140,141 | 139,250 | -7,293 | 1,945 | 6,879 | 10,307 | 0 | 0 | 0 | -8,080 | 3,378 | 1,197 | -2,375 | 5,323 | 557 |
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 | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||||||
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 | -40,000 | 40,000 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 27,290 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -7,917 | 350,778 | 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 | ||||
cash flow from financing | -7,917 | 378,068 | 0 | 0 | 0 | 0 | -40,000 | 40,000 | 0 | 0 | 76,260 | ||||
cash and cash equivalents | |||||||||||||||
cash | -159,303 | -137,756 | 42,345 | 101,760 | 155,939 | 171,948 | -35,840 | -29,777 | 29,286 | 28,549 | -26,052 | 23,404 | -16,496 | -39,963 | 66,889 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -159,303 | -137,756 | 42,345 | 101,760 | 155,939 | 171,948 | -35,840 | -29,777 | 29,286 | 28,549 | -26,052 | 23,404 | -16,496 | -39,963 | 66,889 |
red balloon - norwich Credit Report and Business Information
Red Balloon - Norwich Competitor Analysis
Perform a competitor analysis for red balloon - norwich by selecting its closest rivals, whether from the EDUCATION sector, other small companies, companies in NR3 area or any other competitors across 12 key performance metrics.
red balloon - norwich Ownership
RED BALLOON - NORWICH group structure
Red Balloon - Norwich has no subsidiary companies.
Ultimate parent company
RED BALLOON - NORWICH
05664446
red balloon - norwich directors
Red Balloon - Norwich currently has 10 directors. The longest serving directors include Mr Benjamin Aldridge (Nov 2022) and Mrs Miriam Blyth (Dec 2022).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Benjamin Aldridge | England | 41 years | Nov 2022 | - | Director |
Mrs Miriam Blyth | England | 62 years | Dec 2022 | - | Director |
Ms Emma Culley | England | 50 years | Feb 2023 | - | Director |
Mr Samuel Ridge-Ward | England | 29 years | May 2024 | - | Director |
Mr Robert Walker | England | 76 years | Jul 2024 | - | Director |
Mr Adam Dabin | England | 41 years | Oct 2024 | - | Director |
Mr Wayne Marshall | England | 64 years | Oct 2024 | - | Director |
Mr Peter Boland | England | 82 years | Nov 2024 | - | Director |
Mrs Zelda Rolfe | England | 65 years | Nov 2024 | - | Director |
Mr John Clogan | England | 60 years | Nov 2024 | - | Director |
P&L
August 2023turnover
539.3k
-9%
operating profit
4.1k
0%
gross margin
50.5%
+4.16%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
481k
-0.05%
total assets
887.9k
-0.14%
cash
174.9k
-0.48%
net assets
Total assets minus all liabilities
red balloon - norwich company details
company number
05664446
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85310 - General secondary education
incorporation date
January 2006
age
19
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
red balloon (December 2007)
accountant
M.J. RUFFLES
auditor
-
address
289 drayton road, norwich, NR3 2PW
Bank
-
Legal Advisor
-
red balloon - norwich 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 1 charges/mortgages relating to red balloon - norwich. Currently there are 1 open charges and 0 have been satisfied in the past.
red balloon - norwich 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 RED BALLOON - NORWICH. This can take several minutes, an email will notify you when this has completed.
red balloon - norwich Companies House Filings - See Documents
date | description | view/download |
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