northern education trust
northern education trust Company Information
Group Structure
View All
Industry
Primary education
+1Registered Address
thorp academy main road, ryton, NE40 3AH
northern education trust Estimated Valuation
Pomanda estimates the enterprise value of NORTHERN EDUCATION TRUST at £340.8m based on a Turnover of £198m and 1.72x industry multiple (adjusted for size and gross margin).
northern education trust Estimated Valuation
Pomanda estimates the enterprise value of NORTHERN EDUCATION TRUST at £732.7m based on an EBITDA of £83.1m and a 8.81x industry multiple (adjusted for size and gross margin).
northern education trust Estimated Valuation
Pomanda estimates the enterprise value of NORTHERN EDUCATION TRUST at £547.2m based on Net Assets of £212.2m and 2.58x industry multiple (adjusted for liquidity).
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Northern Education Trust Overview
Northern Education Trust is a live company located in ryton, NE40 3AH with a Companies House number of 07189647. It operates in the primary education sector, SIC Code 85200. Founded in March 2010, it's largest shareholder is unknown. Northern Education Trust is a established, mega sized company, Pomanda has estimated its turnover at £198m with high growth in recent years.
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Northern Education Trust Health Check
Pomanda's financial health check has awarded Northern Education 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
2 Regular
3 Weak
Size
annual sales of £198m, make it larger than the average company (£7.2m)
£198m - Northern Education Trust
£7.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (7.2%)
27% - Northern Education Trust
7.2% - Industry AVG
Production
with a gross margin of 48.2%, this company has a comparable cost of product (48.2%)
48.2% - Northern Education Trust
48.2% - Industry AVG
Profitability
an operating margin of 37.5% make it more profitable than the average company (4.1%)
37.5% - Northern Education Trust
4.1% - Industry AVG
Employees
with 1696 employees, this is above the industry average (127)
1696 - Northern Education Trust
127 - Industry AVG
Pay Structure
on an average salary of £58.5k, the company has a higher pay structure (£38.6k)
£58.5k - Northern Education Trust
£38.6k - Industry AVG
Efficiency
resulting in sales per employee of £116.8k, this is more efficient (£55.1k)
£116.8k - Northern Education Trust
£55.1k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is later than average (0 days)
1 days - Northern Education Trust
0 days - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (22 days)
12 days - Northern Education Trust
22 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Northern Education Trust
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 92 weeks, this is average cash available to meet short term requirements (96 weeks)
92 weeks - Northern Education Trust
96 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 6%, this is a lower level of debt than the average (7.2%)
6% - Northern Education Trust
7.2% - Industry AVG
NORTHERN EDUCATION TRUST financials
Northern Education Trust's latest turnover from August 2024 is £198 million and the company has net assets of £212.2 million. According to their latest financial statements, Northern Education Trust has 1,696 employees and maintains cash reserves of £23.7 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 198,019,000 | 114,652,000 | 99,186,000 | 96,951,000 | 99,545,000 | 72,512,000 | 72,952,000 | 93,550,000 | 106,322,000 | 89,606,000 | 84,400,000 | 46,864,000 | 3,680,000 | 4,134,000 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | 56,565,000 | -1,716,000 | -8,727,000 | -6,570,000 | 15,772,000 | -6,969,000 | -11,670,000 | 13,391,000 | 26,502,000 | 12,900,000 | 32,097,000 | 24,869,000 | -337,000 | 247,000 |
| Tax | ||||||||||||||
| Profit After Tax | 56,565,000 | -1,716,000 | -8,727,000 | -6,570,000 | 15,772,000 | -6,969,000 | -11,670,000 | 13,391,000 | 26,502,000 | 12,900,000 | 32,097,000 | 24,869,000 | -337,000 | 247,000 |
| Dividends Paid | ||||||||||||||
| Retained Profit | 56,565,000 | -1,716,000 | -8,727,000 | -6,570,000 | 15,772,000 | -6,969,000 | -11,670,000 | 13,391,000 | 26,502,000 | 12,900,000 | 32,097,000 | 24,869,000 | -337,000 | 247,000 |
| Employee Costs | 99,186,000 | 81,358,000 | 75,108,000 | 70,554,000 | 58,858,000 | 53,901,000 | 55,414,000 | 57,463,000 | 55,800,000 | 52,050,000 | 33,760,000 | 13,194,000 | 3,026,000 | 2,609,000 |
| Number Of Employees | 1,696 | 1,496 | 1,859 | 1,849 | 1,936 | 1,658 | 1,841 | 1,432 | 1,434 | 1,428 | 1,069 | 553 | 80 | 70 |
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 191,442,000 | 143,448,000 | 144,554,000 | 146,358,000 | 148,267,000 | 128,899,000 | 133,302,000 | 141,740,000 | 125,225,000 | 99,779,000 | 90,623,000 | 55,873,000 | 130,000 | 149,000 |
| Intangible Assets | 97,000 | 60,000 | 75,000 | 92,000 | 113,000 | 84,000 | 35,000 | |||||||
| Investments & Other | 648,000 | 64,000 | 4,701,000 | 4,561,000 | ||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 192,187,000 | 143,572,000 | 144,629,000 | 146,450,000 | 148,380,000 | 128,983,000 | 133,337,000 | 146,441,000 | 129,786,000 | 99,779,000 | 90,623,000 | 55,873,000 | 130,000 | 149,000 |
| Stock & work in progress | 17,000 | 17,000 | 29,000 | 35,000 | ||||||||||
| Trade Debtors | 771,000 | 195,000 | 261,000 | 138,000 | 164,000 | 131,000 | 178,000 | 115,000 | 108,000 | 185,000 | 1,695,000 | 656,000 | 28,000 | |
| Group Debtors | ||||||||||||||
| Misc Debtors | 8,996,000 | 3,788,000 | 3,162,000 | 4,543,000 | 4,275,000 | 3,468,000 | 2,741,000 | 2,514,000 | 4,149,000 | 3,245,000 | 1,692,000 | 613,000 | 121,000 | 156,000 |
| Cash | 23,710,000 | 21,250,000 | 20,412,000 | 19,694,000 | 14,259,000 | 13,101,000 | 13,286,000 | 8,859,000 | 6,821,000 | 10,745,000 | 4,258,000 | 3,673,000 | 226,000 | 112,000 |
| misc current assets | 420,000 | 420,000 | ||||||||||||
| total current assets | 33,477,000 | 25,233,000 | 23,835,000 | 24,375,000 | 18,698,000 | 16,700,000 | 16,205,000 | 11,488,000 | 11,095,000 | 14,612,000 | 8,094,000 | 4,977,000 | 375,000 | 268,000 |
| total assets | 225,664,000 | 168,805,000 | 168,464,000 | 170,825,000 | 167,078,000 | 145,683,000 | 149,542,000 | 157,929,000 | 140,881,000 | 114,391,000 | 98,717,000 | 60,850,000 | 505,000 | 417,000 |
| Bank overdraft | 63,000 | |||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 3,506,000 | 322,000 | 844,000 | 4,475,000 | 1,273,000 | 2,055,000 | 2,328,000 | 1,066,000 | 951,000 | 1,553,000 | 393,000 | 1,033,000 | 259,000 | 37,000 |
| Group/Directors Accounts | ||||||||||||||
| other short term finances | 8,000 | |||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 9,845,000 | 9,305,000 | 8,191,000 | 5,119,000 | 5,257,000 | 4,484,000 | 3,758,000 | 4,294,000 | 3,924,000 | 4,297,000 | 3,021,000 | 887,000 | 198,000 | 113,000 |
| total current liabilities | 13,351,000 | 9,627,000 | 9,035,000 | 9,594,000 | 6,530,000 | 6,539,000 | 6,086,000 | 5,360,000 | 4,875,000 | 5,850,000 | 3,485,000 | 1,920,000 | 457,000 | 150,000 |
| loans | 102,000 | 44,000 | 61,000 | 79,000 | 96,000 | 114,000 | 150,000 | 131,000 | 92,000 | |||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | 9,000 | 26,000 | ||||||||||||
| provisions | ||||||||||||||
| total long term liabilities | 102,000 | 3,309,000 | 55,062,000 | 47,836,000 | 32,560,000 | 17,585,000 | 21,063,000 | 33,869,000 | 13,686,000 | 9,089,000 | 3,492,000 | 408,000 | 79,000 | |
| total liabilities | 13,453,000 | 9,627,000 | 12,344,000 | 64,656,000 | 54,366,000 | 39,099,000 | 23,671,000 | 26,423,000 | 38,744,000 | 19,536,000 | 12,574,000 | 5,412,000 | 865,000 | 229,000 |
| net assets | 212,211,000 | 159,178,000 | 156,120,000 | 106,169,000 | 112,712,000 | 106,584,000 | 125,871,000 | 131,506,000 | 102,137,000 | 94,855,000 | 86,143,000 | 55,438,000 | -360,000 | 188,000 |
| total shareholders funds | 212,211,000 | 159,178,000 | 156,120,000 | 106,169,000 | 112,712,000 | 106,584,000 | 125,871,000 | 131,506,000 | 102,137,000 | 94,855,000 | 86,143,000 | 55,438,000 | -360,000 | 188,000 |
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 8,827,000 | 5,627,000 | 5,276,000 | 5,014,000 | 4,788,000 | 4,372,000 | 4,181,000 | 4,106,000 | 3,790,000 | 3,160,000 | 2,870,000 | 385,000 | 50,000 | 43,000 |
| Amortisation | 13,000 | 15,000 | 17,000 | 21,000 | 15,000 | 10,000 | 2,000 | |||||||
| Tax | ||||||||||||||
| Stock | -17,000 | -12,000 | -6,000 | 35,000 | ||||||||||
| Debtors | 5,784,000 | 560,000 | -1,258,000 | 242,000 | 840,000 | 680,000 | 290,000 | -1,628,000 | 827,000 | 43,000 | 2,118,000 | 1,120,000 | -7,000 | 156,000 |
| Creditors | 3,184,000 | -522,000 | -3,631,000 | 3,202,000 | -782,000 | -273,000 | 1,262,000 | 115,000 | -602,000 | 1,160,000 | -640,000 | 774,000 | 222,000 | 37,000 |
| Accruals and Deferred Income | 540,000 | 1,114,000 | 3,072,000 | -138,000 | 773,000 | 726,000 | -536,000 | 370,000 | -373,000 | 1,276,000 | 2,134,000 | 689,000 | 85,000 | 113,000 |
| Deferred Taxes & Provisions | ||||||||||||||
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 4,722,000 | -465,000 | 37,000 | 18,000 | -31,000 | -192,000 | ||||||||
| Change in Investments | 584,000 | 64,000 | -4,701,000 | 140,000 | 4,561,000 | |||||||||
| cash flow from investments | -584,000 | -64,000 | 9,423,000 | -605,000 | -4,561,000 | 37,000 | 18,000 | -31,000 | -192,000 | |||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | ||||||||||||||
| Other Short Term Loans | -8,000 | 8,000 | ||||||||||||
| Long term loans | 102,000 | -44,000 | -17,000 | -18,000 | -17,000 | -18,000 | -36,000 | 19,000 | 131,000 | -92,000 | 92,000 | |||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | -9,000 | -17,000 | 26,000 | |||||||||||
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | -3,430,000 | 4,765,000 | 58,661,000 | 9,000 | -9,661,000 | -12,336,000 | 6,018,000 | 15,960,000 | -19,256,000 | -4,177,000 | -1,253,000 | 30,837,000 | -119,000 | -59,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 2,460,000 | 838,000 | 718,000 | 5,435,000 | 1,158,000 | -185,000 | 4,427,000 | 2,038,000 | -3,924,000 | 6,487,000 | 585,000 | 3,447,000 | 114,000 | 112,000 |
| overdraft | -63,000 | 63,000 | ||||||||||||
| change in cash | 2,460,000 | 838,000 | 718,000 | 5,435,000 | 1,158,000 | -185,000 | 4,427,000 | 2,038,000 | -3,924,000 | 6,550,000 | 522,000 | 3,447,000 | 114,000 | 112,000 |
northern education trust Credit Report and Business Information
Northern Education Trust Competitor Analysis
Perform a competitor analysis for northern education trust by selecting its closest rivals, whether from the EDUCATION sector, other mega companies, companies in NE40 area or any other competitors across 12 key performance metrics.
northern education trust Ownership
NORTHERN EDUCATION TRUST group structure
Northern Education Trust has no subsidiary companies.
Ultimate parent company
NORTHERN EDUCATION TRUST
07189647
northern education trust directors
Northern Education Trust currently has 8 directors. The longest serving directors include Mr Mark Sanders (Apr 2014) and Mr John Copping (Dec 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Sanders | England | 70 years | Apr 2014 | - | Director |
| Mr John Copping | England | 64 years | Dec 2014 | - | Director |
| Mr Thomas Grieveson | England | 71 years | Mar 2015 | - | Director |
| Mrs Julie Kelly | England | 67 years | Oct 2019 | - | Director |
| Mr Neil Barker | England | 75 years | Apr 2020 | - | Director |
| Mr Robert Flack | England | 52 years | Oct 2023 | - | Director |
| Ms Eleni Ioannides | England | 69 years | Jul 2024 | - | Director |
| Mrs Wendy Wilson | England | 55 years | Apr 2025 | - | Director |
P&L
August 2024turnover
198m
+73%
operating profit
74.3m
0%
gross margin
48.2%
+0.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2024net assets
212.2m
+0.33%
total assets
225.7m
+0.34%
cash
23.7m
+0.12%
net assets
Total assets minus all liabilities
northern education trust company details
company number
07189647
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85200 - Primary education
85310 - General secondary education
incorporation date
March 2010
age
15
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
August 2024
previous names
kearsley academy (June 2012)
academy for kearsley (May 2010)
accountant
-
auditor
RSM UK AUDIT LLP
address
thorp academy main road, ryton, NE40 3AH
Bank
BARCLAYS BANK PLC
Legal Advisor
WARD HADAWAY
northern education 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 northern education trust.
northern education 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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northern education trust Companies House Filings - See Documents
| date | description | view/download |
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