wellacre technology academy trust
wellacre technology academy trust Company Information
Group Structure
View All
Industry
General secondary education
Registered Address
wellacre technology academy, irlam road, manchester, M41 6AP
Website
www.wellacre.orgwellacre technology academy trust Estimated Valuation
Pomanda estimates the enterprise value of WELLACRE TECHNOLOGY ACADEMY TRUST at £4m based on a Turnover of £5m and 0.8x industry multiple (adjusted for size and gross margin).
wellacre technology academy trust Estimated Valuation
Pomanda estimates the enterprise value of WELLACRE TECHNOLOGY ACADEMY TRUST at £0 based on an EBITDA of £-53.5k and a 4.76x industry multiple (adjusted for size and gross margin).
wellacre technology academy trust Estimated Valuation
Pomanda estimates the enterprise value of WELLACRE TECHNOLOGY ACADEMY TRUST at £49.7m based on Net Assets of £19.9m and 2.5x industry multiple (adjusted for liquidity).
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Wellacre Technology Academy Trust Overview
Wellacre Technology Academy Trust is a live company located in manchester, M41 6AP with a Companies House number of 07386228. It operates in the general secondary education sector, SIC Code 85310. Founded in September 2010, it's largest shareholder is unknown. Wellacre Technology Academy Trust is a established, mid sized company, Pomanda has estimated its turnover at £5m with healthy growth in recent years.
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Wellacre Technology Academy Trust Health Check
Pomanda's financial health check has awarded Wellacre Technology Academy Trust a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £5m, make it smaller than the average company (£9.6m)
£5m - Wellacre Technology Academy Trust
£9.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (7.5%)
6% - Wellacre Technology Academy Trust
7.5% - Industry AVG
Production
with a gross margin of 51.8%, this company has a comparable cost of product (51.8%)
51.8% - Wellacre Technology Academy Trust
51.8% - Industry AVG
Profitability
an operating margin of -13% make it less profitable than the average company (6%)
-13% - Wellacre Technology Academy Trust
6% - Industry AVG
Employees
with 71 employees, this is below the industry average (154)
71 - Wellacre Technology Academy Trust
154 - Industry AVG
Pay Structure
on an average salary of £55.2k, the company has a higher pay structure (£43.1k)
£55.2k - Wellacre Technology Academy Trust
£43.1k - Industry AVG
Efficiency
resulting in sales per employee of £70.8k, this is equally as efficient (£61.9k)
£70.8k - Wellacre Technology Academy Trust
£61.9k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (0 days)
0 days - Wellacre Technology Academy Trust
0 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Wellacre Technology Academy Trust
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Wellacre Technology Academy Trust
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 127 weeks, this is more cash available to meet short term requirements (97 weeks)
127 weeks - Wellacre Technology Academy Trust
97 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.5%, this is a lower level of debt than the average (6.1%)
0.5% - Wellacre Technology Academy Trust
6.1% - Industry AVG
WELLACRE TECHNOLOGY ACADEMY TRUST financials
Wellacre Technology Academy Trust's latest turnover from August 2024 is £5 million and the company has net assets of £19.9 million. According to their latest financial statements, Wellacre Technology Academy Trust has 71 employees and maintains cash reserves of £247 thousand 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 | 5,025,000 | 4,710,000 | 4,430,000 | 4,222,000 | 4,177,000 | 4,340,000 | 4,307,000 | 4,868,000 | 5,403,000 | 5,742,000 | 6,059,000 | 6,360,000 | 6,135,000 | 34,454,000 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | -634,000 | -552,000 | -721,000 | -711,000 | -972,000 | -746,000 | -965,000 | -992,000 | -1,011,000 | -1,066,000 | -768,000 | -1,108,000 | -1,235,000 | 29,370,000 |
| Tax | ||||||||||||||
| Profit After Tax | -634,000 | -552,000 | -721,000 | -711,000 | -972,000 | -746,000 | -965,000 | -992,000 | -1,011,000 | -1,066,000 | -768,000 | -1,108,000 | -1,235,000 | 29,370,000 |
| Dividends Paid | ||||||||||||||
| Retained Profit | -634,000 | -552,000 | -721,000 | -711,000 | -972,000 | -746,000 | -965,000 | -992,000 | -1,011,000 | -1,066,000 | -768,000 | -1,108,000 | -1,235,000 | 29,370,000 |
| Employee Costs | 3,919,000 | 3,608,000 | 3,539,000 | 3,505,000 | 3,649,000 | 3,522,000 | 3,661,000 | 4,102,000 | 4,452,000 | 4,616,000 | 4,417,000 | 4,507,000 | 4,589,000 | 3,228,000 |
| Number Of Employees | 71 | 73 | 74 | 77 | 84 | 88 | 93 | 109 | 126 | 144 | 3 | 129 | 126 | 138 |
| 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 | 19,546,000 | 19,995,000 | 20,506,000 | 20,942,000 | 21,461,000 | 21,991,000 | 22,510,000 | 23,101,000 | 23,626,000 | 24,256,000 | 24,898,000 | 25,752,000 | 27,095,000 | 28,454,000 |
| Intangible Assets | ||||||||||||||
| Investments & Other | 15,000 | 241,000 | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 19,546,000 | 20,010,000 | 20,747,000 | 20,942,000 | 21,461,000 | 21,991,000 | 22,510,000 | 23,101,000 | 23,626,000 | 24,256,000 | 24,898,000 | 25,752,000 | 27,095,000 | 28,454,000 |
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 6,000 | 3,000 | 2,000 | 3,000 | 19,000 | 13,000 | 11,000 | 14,000 | 12,000 | 8,000 | 11,000 | 10,000 | 17,000 | 132,000 |
| Group Debtors | ||||||||||||||
| Misc Debtors | 164,000 | 155,000 | 142,000 | 147,000 | 127,000 | 153,000 | 150,000 | 147,000 | 154,000 | 121,000 | 112,000 | 78,000 | 68,000 | 78,000 |
| Cash | 247,000 | 492,000 | 496,000 | 427,000 | 363,000 | 522,000 | 524,000 | 657,000 | 849,000 | 1,277,000 | 1,551,000 | 1,559,000 | 1,079,000 | 814,000 |
| misc current assets | ||||||||||||||
| total current assets | 417,000 | 650,000 | 640,000 | 577,000 | 509,000 | 688,000 | 685,000 | 818,000 | 1,015,000 | 1,406,000 | 1,674,000 | 1,647,000 | 1,164,000 | 1,024,000 |
| total assets | 19,963,000 | 20,660,000 | 21,387,000 | 21,519,000 | 21,970,000 | 22,679,000 | 23,195,000 | 23,919,000 | 24,641,000 | 25,662,000 | 26,572,000 | 27,399,000 | 28,259,000 | 29,478,000 |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 41,000 | 7,000 | 26,000 | 15,000 | 2,000 | 54,000 | ||||||||
| Group/Directors Accounts | ||||||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 101,000 | 86,000 | 90,000 | 95,000 | 86,000 | 30,000 | 67,000 | 57,000 | 13,000 | 129,000 | 135,000 | 282,000 | 70,000 | 108,000 |
| total current liabilities | 101,000 | 86,000 | 90,000 | 95,000 | 86,000 | 71,000 | 74,000 | 57,000 | 13,000 | 155,000 | 150,000 | 284,000 | 124,000 | 108,000 |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | ||||||||||||||
| total long term liabilities | 3,679,000 | 2,748,000 | 2,648,000 | 1,302,000 | 1,802,000 | 2,403,000 | 1,131,000 | 1,006,000 | 567,000 | 562,000 | 252,000 | |||
| total liabilities | 101,000 | 86,000 | 90,000 | 3,774,000 | 2,834,000 | 2,719,000 | 1,376,000 | 1,859,000 | 2,416,000 | 1,286,000 | 1,156,000 | 851,000 | 686,000 | 360,000 |
| net assets | 19,862,000 | 20,574,000 | 21,297,000 | 17,745,000 | 19,136,000 | 19,960,000 | 21,819,000 | 22,060,000 | 22,225,000 | 24,376,000 | 25,416,000 | 26,548,000 | 27,573,000 | 29,118,000 |
| total shareholders funds | 19,862,000 | 20,574,000 | 21,297,000 | 17,745,000 | 19,136,000 | 19,960,000 | 21,819,000 | 22,060,000 | 22,225,000 | 24,376,000 | 25,416,000 | 26,548,000 | 27,573,000 | 29,118,000 |
| 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 | 599,000 | 561,000 | 559,000 | 553,000 | 565,000 | 577,000 | 608,000 | 654,000 | 642,000 | 644,000 | 887,000 | 1,367,000 | 1,363,000 | 907,000 |
| Amortisation | ||||||||||||||
| Tax | ||||||||||||||
| Stock | ||||||||||||||
| Debtors | 12,000 | 14,000 | -6,000 | 4,000 | -20,000 | 5,000 | -5,000 | 37,000 | 6,000 | 35,000 | 3,000 | -125,000 | 210,000 | |
| Creditors | -41,000 | 34,000 | 7,000 | -26,000 | 11,000 | 13,000 | -52,000 | 54,000 | ||||||
| Accruals and Deferred Income | 15,000 | -4,000 | -5,000 | 9,000 | 56,000 | -37,000 | 10,000 | 44,000 | -116,000 | -6,000 | -147,000 | 212,000 | -38,000 | 108,000 |
| Deferred Taxes & Provisions | ||||||||||||||
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | -1,000 | -110,000 | -12,000 | 17,000 | 96,000 | 78,000 | -4,000 | -3,000 | ||||||
| Change in Investments | -15,000 | -226,000 | 241,000 | |||||||||||
| cash flow from investments | 15,000 | 226,000 | -241,000 | -1,000 | -110,000 | -12,000 | 17,000 | 96,000 | 78,000 | -4,000 | -3,000 | |||
| 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 | ||||||||||||||
| cash flow from financing | -78,000 | -171,000 | 4,273,000 | -680,000 | 148,000 | -1,113,000 | 724,000 | 827,000 | -1,140,000 | 26,000 | -364,000 | 83,000 | -310,000 | -252,000 |
| cash and cash equivalents | ||||||||||||||
| cash | -245,000 | -4,000 | 69,000 | 64,000 | -159,000 | -2,000 | -133,000 | -192,000 | -428,000 | -274,000 | -8,000 | 480,000 | 265,000 | 814,000 |
| overdraft | ||||||||||||||
| change in cash | -245,000 | -4,000 | 69,000 | 64,000 | -159,000 | -2,000 | -133,000 | -192,000 | -428,000 | -274,000 | -8,000 | 480,000 | 265,000 | 814,000 |
wellacre technology academy trust Credit Report and Business Information
Wellacre Technology Academy Trust Competitor Analysis
Perform a competitor analysis for wellacre technology academy trust by selecting its closest rivals, whether from the EDUCATION sector, other mid companies, companies in M41 area or any other competitors across 12 key performance metrics.
wellacre technology academy trust Ownership
WELLACRE TECHNOLOGY ACADEMY TRUST group structure
Wellacre Technology Academy Trust has no subsidiary companies.
Ultimate parent company
WELLACRE TECHNOLOGY ACADEMY TRUST
07386228
wellacre technology academy trust directors
Wellacre Technology Academy Trust currently has 13 directors. The longest serving directors include Mr Andrew Young (Mar 2018) and Miss Hannah Rayson (Jul 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Young | United Kingdom | 45 years | Mar 2018 | - | Director |
| Miss Hannah Rayson | 35 years | Jul 2019 | - | Director | |
| Mrs Meena Radhakrishnan | 47 years | Sep 2020 | - | Director | |
| Mrs Louise Henry | 51 years | Dec 2020 | - | Director | |
| Mrs Julie Sharrock | 51 years | Apr 2021 | - | Director | |
| Mr Sam Russell | 31 years | Jul 2021 | - | Director | |
| Mr Christopher Hinchcliffe | 46 years | Sep 2021 | - | Director | |
| Miss Shirley Procter | 65 years | Sep 2021 | - | Director | |
| Mr Thomas Fredrickson | 78 years | May 2022 | - | Director | |
| Mrs Julie O'Connor | 54 years | Sep 2022 | - | Director |
P&L
August 2024turnover
5m
+7%
operating profit
-652.5k
0%
gross margin
51.9%
+1.96%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2024net assets
19.9m
-0.03%
total assets
20m
-0.03%
cash
247k
-0.5%
net assets
Total assets minus all liabilities
wellacre technology academy trust company details
company number
07386228
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85310 - General secondary education
incorporation date
September 2010
age
15
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
August 2024
previous names
N/A
accountant
-
auditor
DJH AUDIT LIMITED
address
wellacre technology academy, irlam road, manchester, M41 6AP
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
wellacre technology academy 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 wellacre technology academy trust.
wellacre technology academy 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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wellacre technology academy trust Companies House Filings - See Documents
| date | description | view/download |
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