horseworld trust
horseworld trust Company Information
Group Structure
View All
Industry
Educational support activities
+2Registered Address
delmar hall keynes farm, staunton lane, whitchurch, bristol, BS14 0QL
Website
http://horseworld.org.ukhorseworld trust Estimated Valuation
Pomanda estimates the enterprise value of HORSEWORLD TRUST at £1.7m based on a Turnover of £2.2m and 0.75x industry multiple (adjusted for size and gross margin).
horseworld trust Estimated Valuation
Pomanda estimates the enterprise value of HORSEWORLD TRUST at £789k based on an EBITDA of £167.7k and a 4.7x industry multiple (adjusted for size and gross margin).
horseworld trust Estimated Valuation
Pomanda estimates the enterprise value of HORSEWORLD TRUST at £22.5m based on Net Assets of £11m and 2.05x industry multiple (adjusted for liquidity).
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Horseworld Trust Overview
Horseworld Trust is a live company located in whitchurch, BS14 0QL with a Companies House number of 06353944. It operates in the veterinary activities sector, SIC Code 75000. Founded in August 2007, it's largest shareholder is unknown. Horseworld Trust is a established, small sized company, Pomanda has estimated its turnover at £2.2m with rapid growth in recent years.
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Horseworld Trust Health Check
Pomanda's financial health check has awarded Horseworld Trust a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
2 Weak
Size
annual sales of £2.2m, make it larger than the average company (£944.6k)
£2.2m - Horseworld Trust
£944.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 37%, show it is growing at a faster rate (7%)
37% - Horseworld Trust
7% - Industry AVG
Production
with a gross margin of 80.9%, this company has a comparable cost of product (80.9%)
80.9% - Horseworld Trust
80.9% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (4.7%)
-0.1% - Horseworld Trust
4.7% - Industry AVG
Employees
with 53 employees, this is above the industry average (15)
53 - Horseworld Trust
15 - Industry AVG
Pay Structure
on an average salary of £25k, the company has an equivalent pay structure (£30.7k)
£25k - Horseworld Trust
£30.7k - Industry AVG
Efficiency
resulting in sales per employee of £41.7k, this is less efficient (£60k)
£41.7k - Horseworld Trust
£60k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (19 days)
3 days - Horseworld Trust
19 days - Industry AVG
Creditor Days
its suppliers are paid after 59 days, this is slower than average (32 days)
59 days - Horseworld Trust
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Horseworld Trust
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 69 weeks, this is average cash available to meet short term requirements (83 weeks)
69 weeks - Horseworld Trust
83 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2%, this is a lower level of debt than the average (31.3%)
2% - Horseworld Trust
31.3% - Industry AVG
HORSEWORLD TRUST financials
Horseworld Trust's latest turnover from December 2023 is £2.2 million and the company has net assets of £11 million. According to their latest financial statements, Horseworld Trust has 53 employees and maintains cash reserves of £305.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,210,383 | 1,703,181 | 1,381,120 | 868,671 | 1,472,315 | 1,304,926 | 800,384 | 1,412,040 | 1,060,501 | 1,288,770 | 1,174,539 | 1,059,552 | 1,060,973 | 1,247,294 | 1,333,775 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | -1,878 | -531,823 | |||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | 48 | 91 | |||||||||||||
| Pre-Tax Profit | 247,636 | -1,304,909 | -551,541 | -750,241 | -31,900 | -150,561 | -411,305 | 324,871 | -43,831 | 168,399 | -538,245 | -583,915 | -647,585 | -199,839 | -104,310 |
| Tax | |||||||||||||||
| Profit After Tax | 247,636 | -1,304,909 | -551,541 | -750,241 | -31,900 | -150,561 | -411,305 | 324,871 | -43,831 | 168,399 | -538,245 | -583,915 | -647,585 | -199,839 | -104,310 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 247,636 | -1,304,909 | -551,541 | -750,241 | -31,900 | -150,561 | -411,305 | 324,871 | -43,831 | 168,399 | -538,245 | -583,915 | -647,585 | -199,839 | -104,310 |
| Employee Costs | 1,327,516 | 1,360,401 | 1,149,922 | 1,003,717 | 908,063 | 854,004 | 741,043 | 649,502 | 649,116 | 654,392 | 869,451 | 927,102 | 889,446 | 767,721 | 786,198 |
| Number Of Employees | 53 | 53 | 51 | 42 | 39 | 37 | 33 | 32 | 32 | 37 | 40 | 41 | 41 | 41 | 41 |
| EBITDA* | 167,747 | -389,780 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,787,785 | 3,880,257 | 3,804,827 | 3,716,685 | 3,717,299 | 3,665,952 | 2,355,410 | 2,343,372 | 2,395,795 | 2,317,971 | 4,376,344 | 2,639,781 | 2,621,868 | 2,692,806 | 2,673,569 |
| Intangible Assets | 32,521 | 21,288 | 15,600 | 31,200 | 46,800 | ||||||||||
| Investments & Other | 5,563,969 | 5,700,483 | 7,590,362 | 7,171,786 | 6,751,781 | 5,796,610 | 6,121,878 | 3,351,951 | 3,707,862 | 3,942,228 | 1,985,208 | 2,701,779 | 3,223,841 | 3,574,188 | 3,583,484 |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 9,384,275 | 9,602,028 | 11,395,189 | 10,904,071 | 10,500,280 | 9,509,362 | 8,477,288 | 5,695,323 | 6,103,657 | 6,260,199 | 6,361,552 | 5,341,560 | 5,845,709 | 6,266,994 | 6,257,053 |
| Stock & work in progress | 4,994 | 2,101 | 3,090 | 116 | 600 | 13,040 | 11,657 | 20,088 | 24,660 | 22,106 | 21,764 | ||||
| Trade Debtors | 19,533 | 6,581 | 3,068 | 2,280 | 2,864 | 1,845 | 3,035 | 3,568 | 13,552 | 11,684 | 7,446 | 8,206 | 7,062 | 11,472 | 7,103 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 1,529,424 | 791,221 | 537,873 | 277,664 | 565,858 | 673,921 | 765,445 | 1,060,878 | 464,256 | 143,152 | 131,135 | 54,286 | 26,624 | 49,254 | 31,827 |
| Cash | 305,441 | 466,782 | 141,625 | 592,910 | 1,131,818 | 1,254,920 | 1,475,963 | 243,190 | 39,261 | 265,927 | 69,074 | 46,935 | 18,307 | 88,581 | 75,213 |
| misc current assets | |||||||||||||||
| total current assets | 1,854,398 | 1,269,578 | 682,566 | 872,854 | 1,702,641 | 1,933,776 | 2,244,559 | 1,308,236 | 517,069 | 433,803 | 219,312 | 129,515 | 76,653 | 171,413 | 135,907 |
| total assets | 11,238,673 | 10,871,606 | 12,077,755 | 11,776,925 | 12,202,921 | 11,443,138 | 10,721,847 | 7,003,559 | 6,620,726 | 6,694,002 | 6,580,864 | 5,471,075 | 5,922,362 | 6,438,407 | 6,392,960 |
| Bank overdraft | 2,341 | ||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 68,728 | 47,139 | 107,309 | 48,721 | 23,761 | 33,438 | 16,262 | 19,853 | 24,703 | 10,147 | 28,410 | 28,067 | 29,971 | 15,896 | 60,256 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 160,345 | 62,503 | 49,573 | 42,310 | 37,019 | 36,347 | 44,289 | 27,516 | 34,378 | 37,368 | 92,074 | 81,795 | 108,557 | 58,275 | 61,401 |
| total current liabilities | 229,073 | 109,642 | 156,882 | 91,031 | 60,780 | 69,785 | 60,551 | 47,369 | 59,081 | 47,515 | 120,484 | 109,862 | 140,869 | 74,171 | 121,657 |
| loans | 3,498 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 3,498 | ||||||||||||||
| total liabilities | 229,073 | 109,642 | 156,882 | 91,031 | 60,780 | 69,785 | 60,551 | 47,369 | 59,081 | 47,515 | 120,484 | 109,862 | 144,367 | 74,171 | 121,657 |
| net assets | 11,009,600 | 10,761,964 | 11,920,873 | 11,685,894 | 12,142,141 | 11,373,353 | 10,661,296 | 6,956,190 | 6,561,645 | 6,646,487 | 6,460,380 | 5,361,213 | 5,777,995 | 6,364,236 | 6,271,303 |
| total shareholders funds | 11,009,600 | 10,761,964 | 11,920,873 | 11,685,894 | 12,142,141 | 11,373,353 | 10,661,296 | 6,956,190 | 6,561,645 | 6,646,487 | 6,460,380 | 5,361,213 | 5,777,995 | 6,364,236 | 6,271,303 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -1,878 | -531,823 | |||||||||||||
| Depreciation | 166,668 | 142,043 | 119,144 | 101,654 | 87,602 | 68,638 | 57,191 | 53,530 | 46,849 | 61,577 | 77,109 | 78,610 | 80,598 | 84,027 | 78,133 |
| Amortisation | 2,957 | 15,600 | 15,600 | 15,600 | |||||||||||
| Tax | |||||||||||||||
| Stock | -4,994 | 4,994 | -2,101 | -989 | 2,974 | -484 | 600 | -13,040 | 1,383 | -8,431 | -4,572 | 2,554 | 342 | 21,764 | |
| Debtors | 751,155 | 256,861 | 260,997 | -288,778 | -107,044 | -92,714 | -295,966 | 586,638 | 322,972 | 16,255 | 76,089 | 28,806 | -27,040 | 21,796 | 38,930 |
| Creditors | 21,589 | -60,170 | 58,588 | 24,960 | -9,677 | 17,176 | -3,591 | -4,850 | 14,556 | -18,263 | 343 | -1,904 | 14,075 | -44,360 | 60,256 |
| Accruals and Deferred Income | 97,842 | 12,930 | 7,263 | 5,291 | 672 | -7,942 | 16,773 | -6,862 | -2,990 | -54,706 | 10,279 | -26,762 | 50,282 | -3,126 | 61,401 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | -458,983 | -698,875 | |||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | -857,273 | 1,943,902 | 422,333 | -9,751 | -303,861 | ||||||||||
| Change in Investments | -136,514 | -1,889,879 | 418,576 | 420,005 | 955,171 | -325,268 | 2,769,927 | -355,911 | -234,366 | 1,957,020 | -716,571 | -522,062 | -350,347 | -9,296 | 3,583,484 |
| cash flow from investments | 136,514 | 1,889,879 | -418,576 | -420,005 | -955,171 | -532,005 | -826,025 | 778,244 | 224,615 | -2,260,881 | |||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -3,498 | 3,498 | |||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 48 | 91 | |||||||||||||
| cash flow from financing | 146,000 | 786,520 | 293,994 | 800,688 | 862,618 | 4,116,411 | 69,674 | -41,011 | 17,708 | 1,637,412 | 163,635 | 64,842 | 292,820 | 6,375,704 | |
| cash and cash equivalents | |||||||||||||||
| cash | -161,341 | 325,157 | -451,285 | -538,908 | -123,102 | -221,043 | 1,232,773 | 203,929 | -226,666 | 196,853 | 22,139 | 28,628 | -70,274 | 13,368 | 75,213 |
| overdraft | -2,341 | 2,341 | |||||||||||||
| change in cash | -161,341 | 325,157 | -451,285 | -538,908 | -123,102 | -221,043 | 1,232,773 | 203,929 | -226,666 | 196,853 | 22,139 | 30,969 | -72,615 | 13,368 | 75,213 |
horseworld trust Credit Report and Business Information
Horseworld Trust Competitor Analysis
Perform a competitor analysis for horseworld trust by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in BS14 area or any other competitors across 12 key performance metrics.
horseworld trust Ownership
HORSEWORLD TRUST group structure
Horseworld Trust has no subsidiary companies.
Ultimate parent company
HORSEWORLD TRUST
06353944
horseworld trust directors
Horseworld Trust currently has 12 directors. The longest serving directors include Mr John Newman (Oct 2007) and Mr Michael Neale (Oct 2007).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Newman | England | 79 years | Oct 2007 | - | Director |
| Mr Michael Neale | England | 70 years | Oct 2007 | - | Director |
| Mr Andrew Dowden | England | 81 years | Oct 2012 | - | Director |
| Mr Nigel Daniel | England | 70 years | Aug 2015 | - | Director |
| Mr Kerry Gwyther | 66 years | Apr 2016 | - | Director | |
| Mrs Annette Newman | 58 years | Jun 2017 | - | Director | |
| Mr Duncan Ballard | United Kingdom | 48 years | Jun 2017 | - | Director |
| Miss Leslie Dillingham | 77 years | Oct 2018 | - | Director | |
| Mr Duncan Attwell | 64 years | Feb 2024 | - | Director | |
| Ms Julie White | 57 years | Mar 2024 | - | Director |
P&L
December 2023turnover
2.2m
+30%
operating profit
-1.9k
-100%
gross margin
80.9%
+2.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
11m
+0.02%
total assets
11.2m
+0.03%
cash
305.4k
-0.35%
net assets
Total assets minus all liabilities
horseworld trust company details
company number
06353944
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
75000 - Veterinary activities
85600 - Educational support activities
94990 - Activities of other membership organisations n.e.c.
incorporation date
August 2007
age
18
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
SAFFERY LLP
address
delmar hall keynes farm, staunton lane, whitchurch, bristol, BS14 0QL
Bank
BARCLAYS BANK PLC, BARCLAYS BANK PLC
Legal Advisor
-
horseworld 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 horseworld trust.
horseworld 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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horseworld trust Companies House Filings - See Documents
| date | description | view/download |
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