teesside learning trust
teesside learning trust Company Information
Group Structure
View All
Industry
General secondary education
Registered Address
thornaby academy baysdale road, thornaby, stockton-on-tees, TS17 9DB
teesside learning trust Estimated Valuation
Pomanda estimates the enterprise value of TEESSIDE LEARNING TRUST at £2.5m based on a Turnover of £3.3m and 0.74x industry multiple (adjusted for size and gross margin).
teesside learning trust Estimated Valuation
Pomanda estimates the enterprise value of TEESSIDE LEARNING TRUST at £0 based on an EBITDA of £-17.2m and a 4.39x industry multiple (adjusted for size and gross margin).
teesside learning trust Estimated Valuation
Pomanda estimates the enterprise value of TEESSIDE LEARNING TRUST at £35.1m based on Net Assets of £14m and 2.5x industry multiple (adjusted for liquidity).
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Teesside Learning Trust Overview
Teesside Learning Trust is a dissolved company that was located in stockton-on-tees, TS17 9DB with a Companies House number of 07185357. It operated in the general secondary education sector, SIC Code 85310. Founded in March 2010, it's largest shareholder was unknown. The last turnover for Teesside Learning Trust was estimated at £3.3m.
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Teesside Learning Trust Health Check
Pomanda's financial health check has awarded Teesside Learning Trust a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
7 Weak
Size
annual sales of £3.3m, make it smaller than the average company (£7.2m)
£3.3m - Teesside Learning Trust
£7.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -53%, show it is growing at a slower rate (2.4%)
-53% - Teesside Learning Trust
2.4% - Industry AVG
Production
with a gross margin of 47%, this company has a comparable cost of product (47%)
47% - Teesside Learning Trust
47% - Industry AVG
Profitability
an operating margin of -522.6% make it less profitable than the average company (4.7%)
-522.6% - Teesside Learning Trust
4.7% - Industry AVG
Employees
with 68 employees, this is below the industry average (143)
68 - Teesside Learning Trust
143 - Industry AVG
Pay Structure
on an average salary of £41.4k, the company has an equivalent pay structure (£36.8k)
£41.4k - Teesside Learning Trust
£36.8k - Industry AVG
Efficiency
resulting in sales per employee of £48.8k, this is equally as efficient (£51.1k)
£48.8k - Teesside Learning Trust
£51.1k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (0 days)
0 days - Teesside Learning Trust
0 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (19 days)
13 days - Teesside Learning Trust
19 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is more than average (1 days)
2 days - Teesside Learning Trust
1 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 35 weeks, this is less cash available to meet short term requirements (90 weeks)
35 weeks - Teesside Learning Trust
90 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 20.2%, this is a lower level of debt than the average (22.8%)
20.2% - Teesside Learning Trust
22.8% - Industry AVG
TEESSIDE LEARNING TRUST financials
Teesside Learning Trust's latest turnover from August 2020 is £3.3 million and the company has net assets of £14 million. According to their latest financial statements, Teesside Learning Trust has 68 employees and maintains cash reserves of £375 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,320,000 | 10,077,000 | 9,398,000 | 31,157,000 | 4,622,000 | 4,699,000 | 5,069,000 | 8,148,000 | 5,984,000 | 19,925,000 |
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | ||||||||||
| Interest Payable | 98,000 | |||||||||
| Interest Receivable | 106,000 | |||||||||
| Pre-Tax Profit | -17,350,000 | -1,108,000 | -1,219,000 | 20,887,000 | -674,000 | -399,000 | -476,000 | 2,266,000 | -154,000 | 13,639,000 |
| Tax | ||||||||||
| Profit After Tax | -17,350,000 | -1,108,000 | -1,219,000 | 20,887,000 | -674,000 | -399,000 | -476,000 | 2,266,000 | -154,000 | 13,639,000 |
| Dividends Paid | ||||||||||
| Retained Profit | -17,350,000 | -1,108,000 | -1,219,000 | 20,887,000 | -674,000 | -399,000 | -476,000 | 2,266,000 | -154,000 | 13,639,000 |
| Employee Costs | 2,814,000 | 7,637,000 | 8,041,000 | 7,611,000 | 3,995,000 | 3,638,000 | 3,870,000 | 3,872,000 | 4,218,000 | 4,173,000 |
| Number Of Employees | 68 | 240 | 259 | 266 | 105 | 99 | 106 | 109 | 108 | 104 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 17,092,000 | 36,370,000 | 36,789,000 | 37,199,000 | 14,162,000 | 14,313,000 | 14,507,000 | 14,919,000 | 12,998,000 | 13,151,000 |
| Intangible Assets | ||||||||||
| Investments & Other | ||||||||||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 17,092,000 | 36,370,000 | 36,789,000 | 37,199,000 | 14,162,000 | 14,313,000 | 14,507,000 | 14,919,000 | 12,998,000 | 13,151,000 |
| Stock & work in progress | 11,000 | 9,000 | 17,000 | 22,000 | 13,000 | 13,000 | 15,000 | 11,000 | 17,000 | 13,000 |
| Trade Debtors | 2,000 | 8,000 | 172,000 | 170,000 | 67,000 | 92,000 | 162,000 | 59,000 | 69,000 | 9,000 |
| Group Debtors | ||||||||||
| Misc Debtors | 88,000 | 414,000 | 231,000 | 230,000 | 132,000 | 123,000 | 91,000 | 194,000 | 194,000 | |
| Cash | 375,000 | 590,000 | 1,089,000 | 1,520,000 | 708,000 | 990,000 | 1,370,000 | 1,505,000 | 1,478,000 | 930,000 |
| misc current assets | ||||||||||
| total current assets | 476,000 | 1,021,000 | 1,509,000 | 1,942,000 | 920,000 | 1,218,000 | 1,547,000 | 1,666,000 | 1,758,000 | 1,146,000 |
| total assets | 17,568,000 | 37,391,000 | 38,298,000 | 39,141,000 | 15,082,000 | 15,531,000 | 16,054,000 | 16,585,000 | 14,756,000 | 14,297,000 |
| Bank overdraft | ||||||||||
| Bank loan | ||||||||||
| Trade Creditors | 63,000 | 294,000 | 439,000 | 310,000 | 74,000 | 64,000 | 574,000 | 104,000 | 523,000 | 150,000 |
| Group/Directors Accounts | ||||||||||
| other short term finances | ||||||||||
| hp & lease commitments | ||||||||||
| other current liabilities | 485,000 | 771,000 | 827,000 | 869,000 | 460,000 | 311,000 | 549,000 | 629,000 | 456,000 | |
| total current liabilities | 548,000 | 1,065,000 | 1,266,000 | 1,179,000 | 534,000 | 375,000 | 574,000 | 653,000 | 1,152,000 | 606,000 |
| loans | ||||||||||
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | ||||||||||
| other liabilities | ||||||||||
| provisions | ||||||||||
| total long term liabilities | 3,004,000 | 4,456,000 | 2,296,000 | 2,774,000 | 2,067,000 | 692,000 | 655,000 | 636,000 | 432,000 | 379,000 |
| total liabilities | 3,552,000 | 5,521,000 | 3,562,000 | 3,953,000 | 2,601,000 | 1,067,000 | 1,229,000 | 1,289,000 | 1,584,000 | 985,000 |
| net assets | 14,016,000 | 31,870,000 | 34,736,000 | 35,188,000 | 12,481,000 | 14,464,000 | 14,825,000 | 15,296,000 | 13,172,000 | 13,312,000 |
| total shareholders funds | 14,016,000 | 31,870,000 | 34,736,000 | 35,188,000 | 12,481,000 | 14,464,000 | 14,825,000 | 15,296,000 | 13,172,000 | 13,312,000 |
| Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 160,000 | 424,000 | 429,000 | 419,000 | 174,000 | 239,000 | 438,000 | 396,000 | 169,000 | 119,000 |
| Amortisation | ||||||||||
| Tax | ||||||||||
| Stock | 2,000 | -8,000 | -5,000 | 9,000 | -2,000 | 4,000 | -6,000 | 4,000 | 13,000 | |
| Debtors | -332,000 | 19,000 | 3,000 | 201,000 | -16,000 | 53,000 | 12,000 | -113,000 | 60,000 | 203,000 |
| Creditors | -231,000 | -145,000 | 129,000 | 236,000 | 10,000 | -510,000 | 470,000 | -419,000 | 373,000 | 150,000 |
| Accruals and Deferred Income | -286,000 | -56,000 | -42,000 | 409,000 | 149,000 | 311,000 | -549,000 | -80,000 | 173,000 | 456,000 |
| Deferred Taxes & Provisions | ||||||||||
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | 19,000 | 689,000 | -3,000 | 16,000 | -10,000 | 90,000 | 2,000 | -58,000 | ||
| Change in Investments | ||||||||||
| cash flow from investments | 19,000 | 689,000 | -3,000 | 16,000 | -10,000 | 90,000 | 2,000 | -58,000 | ||
| 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 | 8,000 | |||||||||
| cash flow from financing | -504,000 | -1,758,000 | 767,000 | 1,820,000 | -1,309,000 | 38,000 | 13,000 | -142,000 | 14,000 | -327,000 |
| cash and cash equivalents | ||||||||||
| cash | -215,000 | -499,000 | -431,000 | 812,000 | -282,000 | -380,000 | -135,000 | 27,000 | 548,000 | 930,000 |
| overdraft | ||||||||||
| change in cash | -215,000 | -499,000 | -431,000 | 812,000 | -282,000 | -380,000 | -135,000 | 27,000 | 548,000 | 930,000 |
teesside learning trust Credit Report and Business Information
Teesside Learning Trust Competitor Analysis
Perform a competitor analysis for teesside learning trust by selecting its closest rivals, whether from the EDUCATION sector, other undefined companies, companies in TS17 area or any other competitors across 12 key performance metrics.
teesside learning trust Ownership
TEESSIDE LEARNING TRUST group structure
Teesside Learning Trust has no subsidiary companies.
Ultimate parent company
TEESSIDE LEARNING TRUST
07185357
teesside learning trust directors
Teesside Learning Trust currently has 5 directors. The longest serving directors include Ms Patricia White (May 2010) and Mr John Baker (Mar 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Patricia White | England | 73 years | May 2010 | - | Director |
| Mr John Baker | England | 78 years | Mar 2012 | - | Director |
| Mr Jonathan Anthony | England | 69 years | Feb 2013 | - | Director |
| Rev Adam Gaunt | England | 45 years | Mar 2018 | - | Director |
| Mrs Rachel Price | England | 53 years | May 2018 | - | Director |
P&L
August 2020turnover
3.3m
-67%
operating profit
-17.4m
0%
gross margin
47%
-3.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2020net assets
14m
-0.56%
total assets
17.6m
-0.53%
cash
375k
-0.36%
net assets
Total assets minus all liabilities
teesside learning trust company details
company number
07185357
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85310 - General secondary education
incorporation date
March 2010
age
15
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
August 2020
previous names
teesside university trust for academies (freebrough academy) (August 2016)
accountant
-
auditor
KPMG LLP
address
thornaby academy baysdale road, thornaby, stockton-on-tees, TS17 9DB
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
MUCKLE LLP
teesside learning 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 teesside learning trust.
teesside learning 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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teesside learning trust Companies House Filings - See Documents
| date | description | view/download |
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