northeastern university - london
northeastern university - london Company Information
Company Number
07317195
Next Accounts
Mar 2026
Shareholders
northeastern university
Group Structure
View All
Industry
Educational support activities
+2Registered Address
devon house, 58 st. katharines way, london, E1W 1LP
Website
http://nchum.orgnortheastern university - london Estimated Valuation
Pomanda estimates the enterprise value of NORTHEASTERN UNIVERSITY - LONDON at £120.3m based on a Turnover of £62.6m and 1.92x industry multiple (adjusted for size and gross margin).
northeastern university - london Estimated Valuation
Pomanda estimates the enterprise value of NORTHEASTERN UNIVERSITY - LONDON at £84.9m based on an EBITDA of £8.9m and a 9.58x industry multiple (adjusted for size and gross margin).
northeastern university - london Estimated Valuation
Pomanda estimates the enterprise value of NORTHEASTERN UNIVERSITY - LONDON at £49.3m based on Net Assets of £21.3m and 2.31x industry multiple (adjusted for liquidity).
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Northeastern University - London Overview
Northeastern University - London is a live company located in london, E1W 1LP with a Companies House number of 07317195. It operates in the educational support services sector, SIC Code 85600. Founded in July 2010, it's largest shareholder is northeastern university with a 100% stake. Northeastern University - London is a established, large sized company, Pomanda has estimated its turnover at £62.6m with rapid growth in recent years.
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Northeastern University - London Health Check
Pomanda's financial health check has awarded Northeastern University - London a 4.5 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 £62.6m, make it larger than the average company (£1.5m)
£62.6m - Northeastern University - London
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 48%, show it is growing at a faster rate (8.5%)
48% - Northeastern University - London
8.5% - Industry AVG
Production
with a gross margin of 60.8%, this company has a comparable cost of product (60.8%)
60.8% - Northeastern University - London
60.8% - Industry AVG
Profitability
an operating margin of 9.8% make it as profitable than the average company (9.5%)
9.8% - Northeastern University - London
9.5% - Industry AVG
Employees
with 326 employees, this is above the industry average (22)
326 - Northeastern University - London
22 - Industry AVG
Pay Structure
on an average salary of £56.8k, the company has a higher pay structure (£37.3k)
£56.8k - Northeastern University - London
£37.3k - Industry AVG
Efficiency
resulting in sales per employee of £192.1k, this is more efficient (£88k)
£192.1k - Northeastern University - London
£88k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (24 days)
0 days - Northeastern University - London
24 days - Industry AVG
Creditor Days
its suppliers are paid after 60 days, this is slower than average (27 days)
60 days - Northeastern University - London
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Northeastern University - London
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 20 weeks, this is less cash available to meet short term requirements (73 weeks)
20 weeks - Northeastern University - London
73 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 47.6%, this is a higher level of debt than the average (35.3%)
47.6% - Northeastern University - London
35.3% - Industry AVG
NORTHEASTERN UNIVERSITY - LONDON financials
Northeastern University - London's latest turnover from June 2024 is £62.6 million and the company has net assets of £21.3 million. According to their latest financial statements, Northeastern University - London has 326 employees and maintains cash reserves of £4.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | May 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 62,623,000 | 44,199,000 | 23,638,000 | 19,156,000 | 10,198,000 | |||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | 4,885,000 | 8,654,000 | 2,110,000 | 5,256,000 | 665,000 | |||||||||
| Tax | ||||||||||||||
| Profit After Tax | 4,885,000 | 8,654,000 | 2,110,000 | 5,256,000 | 665,000 | |||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | 4,885,000 | 8,654,000 | 2,110,000 | 5,256,000 | 665,000 | |||||||||
| Employee Costs | 18,532,000 | 12,237,000 | 7,813,000 | 5,583,000 | 4,194,000 | |||||||||
| Number Of Employees | 326 | 238 | 140 | 129 | 96 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | May 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 29,628,000 | 18,320,000 | 11,817,000 | 6,041,000 | 57,000 | 49,075 | 16,784 | 29,607 | 50,364 | 82,727 | 91,599 | 1,520 | ||
| Intangible Assets | ||||||||||||||
| Investments & Other | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,376 | 1,376 | 1,376 | 1,376 | 1,376 | 1,376 | 1,376 | 1,376 | |
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 29,629,000 | 18,321,000 | 11,818,000 | 6,042,000 | 58,000 | 50,451 | 18,160 | 1,376 | 1,376 | 30,983 | 51,740 | 84,103 | 92,975 | 1,520 |
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 20,000 | 110,000 | 313,000 | 6,000 | 23,000 | 54,228 | 41,625 | 28,386 | 10,504 | 300,000 | ||||
| Group Debtors | 36,000 | 336,000 | 292,000 | |||||||||||
| Misc Debtors | 6,728,000 | 3,423,000 | 2,625,000 | 1,795,000 | 520,000 | 798,818 | 323,035 | 726,334 | 408,922 | 2,238,615 | 726,339 | 363,133 | 270,065 | 17,780 |
| Cash | 4,249,000 | 10,557,000 | 2,573,000 | 4,599,000 | 1,008,000 | 271,457 | 3,299,226 | 2,262,684 | 552,935 | 42,096 | 4,146,604 | 3,103,236 | 2,963,217 | 125,463 |
| misc current assets | ||||||||||||||
| total current assets | 11,033,000 | 14,426,000 | 5,803,000 | 6,400,000 | 1,551,000 | 1,124,503 | 3,663,886 | 3,017,404 | 961,857 | 2,280,711 | 4,872,943 | 3,476,873 | 3,533,282 | 143,243 |
| total assets | 40,662,000 | 32,747,000 | 17,621,000 | 12,442,000 | 1,609,000 | 1,174,954 | 3,682,046 | 3,018,780 | 963,233 | 2,311,694 | 4,924,683 | 3,560,976 | 3,626,257 | 144,763 |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 4,058,000 | 2,257,000 | 2,453,000 | 2,308,000 | 240,000 | 192,196 | 249,246 | 299,658 | 383,723 | 248,935 | 491,161 | 164,082 | 175,315 | 47,923 |
| Group/Directors Accounts | 5,000,000 | |||||||||||||
| other short term finances | 3,796 | 282,506 | ||||||||||||
| hp & lease commitments | 356,000 | 356,000 | ||||||||||||
| other current liabilities | 6,496,000 | 11,309,000 | 5,746,000 | 3,361,000 | 687,000 | 998,499 | 777,441 | 517,338 | 1,160,409 | 482,642 | 593,187 | 291,316 | 169,821 | 30,063 |
| total current liabilities | 10,554,000 | 13,922,000 | 8,555,000 | 5,669,000 | 927,000 | 1,190,695 | 6,026,687 | 816,996 | 1,544,132 | 731,577 | 1,084,348 | 455,398 | 348,932 | 360,492 |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | 8,782,000 | 2,384,000 | 1,279,000 | 1,096,000 | 261,000 | 227,261 | 283,871 | 265,573 | 313,285 | 288,409 | 76,198 | 43,987 | ||
| total long term liabilities | 8,782,000 | 2,384,000 | 1,279,000 | 1,096,000 | 261,000 | 227,261 | 283,871 | 265,573 | 313,285 | 288,409 | 76,198 | 43,987 | ||
| total liabilities | 19,336,000 | 16,306,000 | 9,834,000 | 6,765,000 | 1,188,000 | 1,417,956 | 6,310,558 | 1,082,569 | 1,857,417 | 1,019,986 | 1,160,546 | 499,385 | 348,932 | 360,492 |
| net assets | 21,326,000 | 16,441,000 | 7,787,000 | 5,677,000 | 421,000 | -243,002 | -2,628,512 | 1,936,211 | -894,184 | 1,291,708 | 3,764,137 | 3,061,591 | 3,277,325 | -215,729 |
| total shareholders funds | 21,326,000 | 16,441,000 | 7,787,000 | 5,677,000 | 421,000 | -243,002 | -2,628,512 | 1,936,211 | -894,184 | 1,291,708 | 3,764,137 | 3,061,591 | 3,277,325 | -215,729 |
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | May 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 2,738,000 | 1,647,000 | 938,000 | 29,607 | 37,307 | 33,208 | 33,170 | 16,627 | 156 | |||||
| Amortisation | ||||||||||||||
| Tax | ||||||||||||||
| Stock | ||||||||||||||
| Debtors | 2,915,000 | 639,000 | 1,429,000 | 1,258,000 | -310,046 | 488,386 | -390,060 | 345,798 | -1,829,693 | 1,512,276 | 352,702 | -196,428 | 552,285 | 17,780 |
| Creditors | 1,801,000 | -196,000 | 145,000 | 2,068,000 | 47,804 | -57,050 | -50,412 | -84,065 | 134,788 | -242,226 | 327,079 | -11,233 | 127,392 | 47,923 |
| Accruals and Deferred Income | -4,813,000 | 5,563,000 | 2,385,000 | 2,674,000 | -311,499 | 221,058 | 260,103 | -643,071 | 677,767 | -110,545 | 301,871 | 121,495 | 139,758 | 30,063 |
| Deferred Taxes & Provisions | 6,398,000 | 1,105,000 | 183,000 | 835,000 | 33,739 | -56,610 | 18,298 | -47,712 | 24,876 | 212,211 | 32,211 | 43,987 | ||
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | -5,172,000 | -25,000 | ||||||||||||
| Change in Investments | -376 | 1,376 | ||||||||||||
| cash flow from investments | -5,172,000 | -24,624 | ||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | -5,000,000 | 5,000,000 | ||||||||||||
| Other Short Term Loans | -3,796 | -278,710 | 282,506 | |||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | -356,000 | 356,000 | ||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | -356,000 | 356,000 | -998 | |||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -6,308,000 | 7,984,000 | -2,026,000 | 3,591,000 | 736,543 | -3,027,769 | 1,036,542 | 1,709,749 | 510,839 | -4,104,508 | 1,043,368 | 140,019 | 2,837,754 | 125,463 |
| overdraft | ||||||||||||||
| change in cash | -6,308,000 | 7,984,000 | -2,026,000 | 3,591,000 | 736,543 | -3,027,769 | 1,036,542 | 1,709,749 | 510,839 | -4,104,508 | 1,043,368 | 140,019 | 2,837,754 | 125,463 |
northeastern university - london Credit Report and Business Information
Northeastern University - London Competitor Analysis
Perform a competitor analysis for northeastern university - london by selecting its closest rivals, whether from the EDUCATION sector, other large companies, companies in E1W area or any other competitors across 12 key performance metrics.
northeastern university - london Ownership
NORTHEASTERN UNIVERSITY - LONDON group structure
Northeastern University - London has 1 subsidiary company.
Ultimate parent company
NORTHEASTERN UNIVERSITY - LONDON
07317195
1 subsidiary
northeastern university - london directors
Northeastern University - London currently has 8 directors. The longest serving directors include Mr Thomas Nedell (Feb 2019) and Mr Robert Farquharson (Apr 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Thomas Nedell | England | 58 years | Feb 2019 | - | Director |
| Mr Robert Farquharson | England | 56 years | Apr 2021 | - | Director |
| Ms Julietta Dexter | England | 55 years | Oct 2021 | - | Director |
| Mr Jonathan Goodwin | England | 52 years | Oct 2021 | - | Director |
| Dr Gregory Abowd | England | 60 years | Jan 2022 | - | Director |
| Ms Diane MacGillivray | England | 60 years | Jan 2022 | - | Director |
| Mrs Alice Chinebuah | England | 60 years | May 2024 | - | Director |
| Mr Chong Kim-Wong | England | 41 years | Feb 2025 | - | Director |
P&L
June 2024turnover
62.6m
+42%
operating profit
6.1m
0%
gross margin
60.8%
-0.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
21.3m
+0.3%
total assets
40.7m
+0.24%
cash
4.2m
-0.6%
net assets
Total assets minus all liabilities
northeastern university - london company details
company number
07317195
Type
Private limited with Share Capital
industry
85422 - Post-graduate level higher education
85600 - Educational support activities
85421 - First-degree level higher education
incorporation date
July 2010
age
15
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2024
previous names
nch at northeastern limited (July 2022)
tertiary education services limited (February 2019)
See moreaccountant
-
auditor
CROWE UK LLP
address
devon house, 58 st. katharines way, london, E1W 1LP
Bank
BARCLAYS BANK PLC, BARCLAYS BANK PLC
Legal Advisor
EVERSHEDS SUTHERLAND (INTERNATIONAL) LLP
northeastern university - london 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 2 charges/mortgages relating to northeastern university - london. Currently there are 1 open charges and 1 have been satisfied in the past.
northeastern university - london 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 NORTHEASTERN UNIVERSITY - LONDON. This can take several minutes, an email will notify you when this has completed.
northeastern university - london Companies House Filings - See Documents
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