greater manchester academies trust
greater manchester academies trust Company Information
Group Structure
View All
Industry
General secondary education
Registered Address
greater manchester academies tru, 1 silchester drive, manchester, M40 8NT
greater manchester academies trust Estimated Valuation
Pomanda estimates the enterprise value of GREATER MANCHESTER ACADEMIES TRUST at £17.1m based on a Turnover of £16.9m and 1.01x industry multiple (adjusted for size and gross margin).
greater manchester academies trust Estimated Valuation
Pomanda estimates the enterprise value of GREATER MANCHESTER ACADEMIES TRUST at £10.2m based on an EBITDA of £1.7m and a 6x industry multiple (adjusted for size and gross margin).
greater manchester academies trust Estimated Valuation
Pomanda estimates the enterprise value of GREATER MANCHESTER ACADEMIES TRUST at £81.6m based on Net Assets of £32.6m and 2.5x industry multiple (adjusted for liquidity).
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Greater Manchester Academies Trust Overview
Greater Manchester Academies Trust is a live company located in manchester, M40 8NT with a Companies House number of 06754335. It operates in the general secondary education sector, SIC Code 85310. Founded in November 2008, it's largest shareholder is unknown. Greater Manchester Academies Trust is a established, mid sized company, Pomanda has estimated its turnover at £16.9m with healthy growth in recent years.
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Greater Manchester Academies Trust Health Check
Pomanda's financial health check has awarded Greater Manchester Academies Trust a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
3 Weak
Size
annual sales of £16.9m, make it larger than the average company (£9.6m)
£16.9m - Greater Manchester Academies Trust
£9.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (7.5%)
9% - Greater Manchester Academies Trust
7.5% - Industry AVG
Production
with a gross margin of 51.6%, this company has a comparable cost of product (51.6%)
51.6% - Greater Manchester Academies Trust
51.6% - Industry AVG
Profitability
an operating margin of 3.3% make it less profitable than the average company (6%)
3.3% - Greater Manchester Academies Trust
6% - Industry AVG
Employees
with 279 employees, this is above the industry average (154)
279 - Greater Manchester Academies Trust
154 - Industry AVG
Pay Structure
on an average salary of £42k, the company has an equivalent pay structure (£43k)
£42k - Greater Manchester Academies Trust
£43k - Industry AVG
Efficiency
resulting in sales per employee of £60.5k, this is equally as efficient (£61.6k)
£60.5k - Greater Manchester Academies Trust
£61.6k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is later than average (0 days)
1 days - Greater Manchester Academies Trust
0 days - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (21 days)
18 days - Greater Manchester Academies Trust
21 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (5 days)
0 days - Greater Manchester Academies Trust
5 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 122 weeks, this is more cash available to meet short term requirements (99 weeks)
122 weeks - Greater Manchester Academies Trust
99 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3.3%, this is a lower level of debt than the average (6.1%)
3.3% - Greater Manchester Academies Trust
6.1% - Industry AVG
GREATER MANCHESTER ACADEMIES TRUST financials
Greater Manchester Academies Trust's latest turnover from August 2024 is £16.9 million and the company has net assets of £32.6 million. According to their latest financial statements, Greater Manchester Academies Trust has 279 employees and maintains cash reserves of £2.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2024 | 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 | 16,885,534 | 15,088,245 | 13,365,595 | 12,931,373 | 11,911,000 | 11,078,000 | 11,373,000 | 16,537,000 | 9,093,000 | 9,035,000 | 7,894,000 | 6,534,000 | 5,247,000 | 32,606,000 | 565,000 | 202,510 |
| Other Income Or Grants | ||||||||||||||||
| Cost Of Sales | ||||||||||||||||
| Gross Profit | ||||||||||||||||
| Admin Expenses | ||||||||||||||||
| Operating Profit | ||||||||||||||||
| Interest Payable | 3,000 | 2,000 | 2,000 | 1,000 | ||||||||||||
| Interest Receivable | ||||||||||||||||
| Pre-Tax Profit | 533,672 | 779,551 | -625,466 | -19,718 | -642,000 | -2,035,000 | -1,321,000 | 4,853,000 | -661,000 | 358,000 | 169,000 | -261,000 | -172,000 | 28,631,000 | 77,000 | |
| Tax | ||||||||||||||||
| Profit After Tax | 533,672 | 779,551 | -625,466 | -19,718 | -642,000 | -2,035,000 | -1,321,000 | 4,853,000 | -661,000 | 358,000 | 169,000 | -261,000 | -172,000 | 28,631,000 | 77,000 | |
| Dividends Paid | ||||||||||||||||
| Retained Profit | 533,672 | 779,551 | -625,466 | -19,718 | -642,000 | -2,035,000 | -1,321,000 | 4,853,000 | -661,000 | 358,000 | 169,000 | -261,000 | -172,000 | 28,631,000 | 77,000 | |
| Employee Costs | 11,729,398 | 10,677,000 | 10,441,000 | 9,216,000 | 9,177,000 | 9,319,000 | 8,476,000 | 7,423,000 | 6,329,000 | 5,460,000 | 4,415,000 | 3,585,000 | 2,657,000 | 1,669,000 | 366,000 | 126,880 |
| Number Of Employees | 279 | 271 | 267 | 252 | 262 | 294 | 287 | 253 | 204 | 170 | 153 | 113 | 87 | 52 | 3 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2024 | 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 | 30,444,764 | 29,563,097 | 29,098,263 | 29,370,323 | 29,989,000 | 30,819,000 | 30,810,000 | 31,396,000 | 25,924,000 | 26,260,000 | 26,762,000 | 26,416,000 | 27,194,000 | 28,092,000 | ||
| Intangible Assets | ||||||||||||||||
| Investments & Other | ||||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||||
| Total Fixed Assets | 30,444,764 | 29,563,097 | 29,098,263 | 29,370,323 | 29,989,000 | 30,819,000 | 30,810,000 | 31,396,000 | 25,924,000 | 26,260,000 | 26,762,000 | 26,416,000 | 27,194,000 | 28,092,000 | ||
| Stock & work in progress | 155 | |||||||||||||||
| Trade Debtors | 78,504 | 114,605 | 59,902 | 15,347 | 84,000 | 28,000 | 394,000 | 33,000 | 34,000 | 12,000 | 24,000 | 17,000 | 68,000 | 186,000 | ||
| Group Debtors | 19,317 | 81,000 | 77,000 | 33,000 | 35,516 | |||||||||||
| Misc Debtors | 609,351 | 772,427 | 404,118 | 554,976 | 416,000 | 431,000 | 270,000 | 631,000 | 325,000 | 423,000 | 532,000 | 231,000 | 183,000 | 197,000 | 152,000 | |
| Cash | 2,583,045 | 3,618,396 | 2,735,867 | 1,978,170 | 773,000 | 157,000 | 1,889,000 | 1,889,000 | 2,684,000 | 2,556,000 | 1,944,000 | 1,882,000 | 1,543,000 | 449,000 | 237,000 | 104,075 |
| misc current assets | ||||||||||||||||
| total current assets | 3,271,055 | 4,505,428 | 3,219,204 | 2,548,493 | 1,273,000 | 616,000 | 2,553,000 | 2,553,000 | 3,124,000 | 3,068,000 | 2,500,000 | 2,163,000 | 1,794,000 | 832,000 | 389,000 | 139,591 |
| total assets | 33,715,819 | 34,068,525 | 32,317,467 | 31,918,816 | 31,262,000 | 31,435,000 | 33,363,000 | 33,949,000 | 29,048,000 | 29,328,000 | 29,262,000 | 28,579,000 | 28,988,000 | 28,924,000 | 389,000 | 139,591 |
| Bank overdraft | ||||||||||||||||
| Bank loan | ||||||||||||||||
| Trade Creditors | 412,370 | 1,249,395 | 259,692 | 290,549 | 171,000 | 252,000 | 190,000 | 183,000 | 296,000 | 320,000 | 223,000 | 191,000 | 407,000 | 25,000 | ||
| Group/Directors Accounts | ||||||||||||||||
| other short term finances | ||||||||||||||||
| hp & lease commitments | ||||||||||||||||
| other current liabilities | 683,270 | 558,623 | 648,819 | 498,843 | 466,000 | 434,000 | 717,000 | 374,000 | 482,000 | 113,000 | 559,000 | 100,000 | 47,000 | 186,000 | 312,000 | 139,591 |
| total current liabilities | 1,095,640 | 1,808,018 | 908,511 | 789,392 | 637,000 | 686,000 | 907,000 | 557,000 | 778,000 | 433,000 | 782,000 | 291,000 | 454,000 | 211,000 | 312,000 | 139,591 |
| loans | ||||||||||||||||
| hp & lease commitments | ||||||||||||||||
| Accruals and Deferred Income | ||||||||||||||||
| other liabilities | ||||||||||||||||
| provisions | ||||||||||||||||
| total long term liabilities | 5,534,000 | 3,543,000 | 2,604,000 | 891,000 | 1,187,000 | 1,152,000 | 395,000 | 354,000 | 68,000 | 82,000 | 2,000 | |||||
| total liabilities | 1,095,640 | 1,808,018 | 908,511 | 6,323,392 | 4,180,000 | 3,290,000 | 1,798,000 | 1,744,000 | 1,930,000 | 828,000 | 1,136,000 | 359,000 | 536,000 | 213,000 | 312,000 | 139,591 |
| net assets | 32,620,179 | 32,260,507 | 31,408,956 | 25,595,424 | 27,082,000 | 28,145,000 | 31,565,000 | 32,205,000 | 27,118,000 | 28,500,000 | 28,126,000 | 28,220,000 | 28,452,000 | 28,711,000 | 77,000 | |
| total shareholders funds | 32,620,179 | 32,260,507 | 31,408,956 | 25,595,424 | 27,082,000 | 28,145,000 | 31,565,000 | 32,205,000 | 27,118,000 | 28,500,000 | 28,126,000 | 28,220,000 | 28,452,000 | 28,711,000 | 77,000 |
| Aug 2024 | 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 | 1,146,267 | 1,052,540 | 907,503 | 857,000 | 913,000 | 1,049,000 | 1,106,000 | 1,142,000 | 935,000 | 879,000 | 1,045,000 | 1,287,000 | 1,136,000 | 1,137,000 | ||
| Amortisation | ||||||||||||||||
| Tax | ||||||||||||||||
| Stock | 155 | |||||||||||||||
| Debtors | -199,177 | 403,695 | -86,986 | 70,323 | 41,000 | -205,000 | 224,000 | -72,000 | -44,000 | 275,000 | 30,000 | -132,000 | 231,000 | 116,484 | 35,516 | |
| Creditors | -837,025 | 989,703 | -30,857 | 119,549 | -81,000 | 62,000 | 7,000 | -113,000 | -24,000 | 97,000 | 32,000 | -216,000 | 382,000 | 25,000 | ||
| Accruals and Deferred Income | 124,647 | -90,196 | 149,976 | 32,843 | 32,000 | -283,000 | 343,000 | -108,000 | 369,000 | -446,000 | 459,000 | 53,000 | -139,000 | -126,000 | 172,409 | 139,591 |
| Deferred Taxes & Provisions | ||||||||||||||||
| Cash flow from operations | ||||||||||||||||
| Investing Activities | ||||||||||||||||
| capital expenditure | 48,000 | -1,172,000 | -512,000 | -357,000 | -1,377,000 | -496,000 | -223,000 | -519,000 | ||||||||
| Change in Investments | ||||||||||||||||
| cash flow from investments | 48,000 | -1,172,000 | -512,000 | -357,000 | -1,377,000 | -496,000 | -223,000 | -519,000 | ||||||||
| Financing Activities | ||||||||||||||||
| Bank loans | ||||||||||||||||
| Group/Directors Accounts | ||||||||||||||||
| Other Short Term Loans | ||||||||||||||||
| Long term loans | ||||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||||
| other long term liabilities | ||||||||||||||||
| share issue | ||||||||||||||||
| interest | -3,000 | -2,000 | -2,000 | -1,000 | ||||||||||||
| cash flow from financing | -174,000 | 72,000 | 6,438,998 | -1,466,858 | -421,000 | -1,385,000 | 681,000 | 234,000 | -721,000 | 13,000 | -265,000 | 27,000 | -88,000 | 3,000 | ||
| cash and cash equivalents | ||||||||||||||||
| cash | -1,035,351 | 882,529 | 757,697 | 1,205,170 | 616,000 | -1,732,000 | -795,000 | 128,000 | 612,000 | 62,000 | 339,000 | 1,094,000 | 212,000 | 132,925 | 104,075 | |
| overdraft | ||||||||||||||||
| change in cash | -1,035,351 | 882,529 | 757,697 | 1,205,170 | 616,000 | -1,732,000 | -795,000 | 128,000 | 612,000 | 62,000 | 339,000 | 1,094,000 | 212,000 | 132,925 | 104,075 |
greater manchester academies trust Credit Report and Business Information
Greater Manchester Academies Trust Competitor Analysis
Perform a competitor analysis for greater manchester academies trust by selecting its closest rivals, whether from the EDUCATION sector, other mid companies, companies in M40 area or any other competitors across 12 key performance metrics.
greater manchester academies trust Ownership
GREATER MANCHESTER ACADEMIES TRUST group structure
Greater Manchester Academies Trust has no subsidiary companies.
Ultimate parent company
GREATER MANCHESTER ACADEMIES TRUST
06754335
greater manchester academies trust directors
Greater Manchester Academies Trust currently has 9 directors. The longest serving directors include Mr John Rowlands (Feb 2020) and Ms Sarah Walker (Feb 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Rowlands | England | 47 years | Feb 2020 | - | Director |
| Ms Sarah Walker | England | 46 years | Feb 2020 | - | Director |
| Ms Danielle Barrow | England | 38 years | Feb 2020 | - | Director |
| Ms Tasneem Said | United Kingdom | 49 years | Sep 2021 | - | Director |
| Mr David Lea | England | 58 years | Oct 2022 | - | Director |
| Mrs Sarah Green | England | 42 years | Oct 2022 | - | Director |
| Mr Domain Olufowobi | England | 39 years | Dec 2023 | - | Director |
| Mr Asif Khan | England | 54 years | Dec 2023 | - | Director |
| Miss Lisa Dysch | England | 56 years | Dec 2023 | - | Director |
P&L
August 2024turnover
16.9m
+12%
operating profit
556.5k
0%
gross margin
51.6%
+2.1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2024net assets
32.6m
+0.01%
total assets
33.7m
-0.01%
cash
2.6m
-0.29%
net assets
Total assets minus all liabilities
greater manchester academies trust company details
company number
06754335
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85310 - General secondary education
incorporation date
November 2008
age
17
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
August 2024
previous names
manchester communication academy (September 2016)
accountant
-
auditor
BEEVER & STRUTHERS
address
greater manchester academies tru, 1 silchester drive, manchester, M40 8NT
Bank
CO-OPERATIVE BANK PLC
Legal Advisor
-
greater manchester 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 greater manchester academies trust.
greater manchester 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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greater manchester academies trust Companies House Filings - See Documents
| date | description | view/download |
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