torquay boys' grammar school
torquay boys' grammar school Company Information
Company Number
07394671
Next Accounts
May 2025
Industry
General secondary education
Shareholders
-
Group Structure
View All
Contact
Registered Address
torquay boys' grammar school, shiphay manor, torquay, devon, TQ2 7EL
Website
http://tbgs.co.uktorquay boys' grammar school Estimated Valuation
Pomanda estimates the enterprise value of TORQUAY BOYS' GRAMMAR SCHOOL at £19.1m based on a Turnover of £17.6m and 1.09x industry multiple (adjusted for size and gross margin).
torquay boys' grammar school Estimated Valuation
Pomanda estimates the enterprise value of TORQUAY BOYS' GRAMMAR SCHOOL at £1.7m based on an EBITDA of £255.2k and a 6.61x industry multiple (adjusted for size and gross margin).
torquay boys' grammar school Estimated Valuation
Pomanda estimates the enterprise value of TORQUAY BOYS' GRAMMAR SCHOOL at £80.1m based on Net Assets of £38m and 2.11x industry multiple (adjusted for liquidity).
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Torquay Boys' Grammar School Overview
Torquay Boys' Grammar School is a live company located in torquay, TQ2 7EL with a Companies House number of 07394671. It operates in the general secondary education sector, SIC Code 85310. Founded in October 2010, it's largest shareholder is unknown. Torquay Boys' Grammar School is a established, mid sized company, Pomanda has estimated its turnover at £17.6m with healthy growth in recent years.
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Torquay Boys' Grammar School Health Check
Pomanda's financial health check has awarded Torquay Boys' Grammar School a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
3 Weak
Size
annual sales of £17.6m, make it larger than the average company (£8.7m)
£17.6m - Torquay Boys' Grammar School
£8.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (6.4%)
6% - Torquay Boys' Grammar School
6.4% - Industry AVG
Production
with a gross margin of 50.5%, this company has a comparable cost of product (50.5%)
50.5% - Torquay Boys' Grammar School
50.5% - Industry AVG
Profitability
an operating margin of -7% make it less profitable than the average company (6%)
-7% - Torquay Boys' Grammar School
6% - Industry AVG
Employees
with 301 employees, this is above the industry average (147)
301 - Torquay Boys' Grammar School
147 - Industry AVG
Pay Structure
on an average salary of £45.3k, the company has an equivalent pay structure (£41.5k)
£45.3k - Torquay Boys' Grammar School
£41.5k - Industry AVG
Efficiency
resulting in sales per employee of £58.3k, this is equally as efficient (£58.4k)
£58.3k - Torquay Boys' Grammar School
£58.4k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (0 days)
0 days - Torquay Boys' Grammar School
0 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (20 days)
14 days - Torquay Boys' Grammar School
20 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (6 days)
1 days - Torquay Boys' Grammar School
6 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 70 weeks, this is less cash available to meet short term requirements (102 weeks)
70 weeks - Torquay Boys' Grammar School
102 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 4.7%, this is a lower level of debt than the average (8.4%)
4.7% - Torquay Boys' Grammar School
8.4% - Industry AVG
TORQUAY BOYS' GRAMMAR SCHOOL financials
Torquay Boys' Grammar School's latest turnover from August 2023 is £17.6 million and the company has net assets of £38 million. According to their latest financial statements, Torquay Boys' Grammar School has 301 employees and maintains cash reserves of £1.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 17,557,000 | 17,135,000 | 15,744,000 | 14,942,000 | 14,469,000 | 18,286,000 | 12,935,000 | 12,676,000 | 12,614,000 | 12,152,000 | 36,454,000 | 6,310,000 | 22,095,000 |
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | |||||||||||||
| Gross Profit | |||||||||||||
| Admin Expenses | |||||||||||||
| Operating Profit | |||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 181,000 | 167,000 | 1,000 | 2,000 | 4,000 | |||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 137,000 | 115,000 | 0 | 0 | 0 |
| Pre-Tax Profit | -1,126,000 | -937,000 | -1,265,000 | -1,203,000 | -1,129,000 | 3,335,000 | -1,633,000 | -1,399,000 | -657,000 | -970,000 | 23,867,000 | 32,000 | 16,667,000 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -1,126,000 | -937,000 | -1,265,000 | -1,203,000 | -1,129,000 | 3,335,000 | -1,633,000 | -1,399,000 | -657,000 | -970,000 | 23,867,000 | 32,000 | 16,667,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -1,126,000 | -937,000 | -1,265,000 | -1,203,000 | -1,129,000 | 3,335,000 | -1,633,000 | -1,399,000 | -657,000 | -970,000 | 23,867,000 | 32,000 | 16,667,000 |
| Employee Costs | 13,634,000 | 13,508,000 | 13,221,000 | 12,392,000 | 11,576,000 | 11,113,000 | 10,952,000 | 10,194,000 | 9,644,000 | 9,431,000 | 8,873,000 | 4,797,000 | 3,956,000 |
| Number Of Employees | 301 | 297 | 272 | 279 | 229 | 239 | 296 | 302 | 245 | 248 | 233 | 93 | 126 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 37,507,000 | 38,120,000 | 38,514,000 | 38,971,000 | 39,956,000 | 38,208,000 | 37,184,000 | 37,952,000 | 38,440,000 | 39,000,000 | 39,712,000 | 16,649,000 | 16,772,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 37,507,000 | 38,120,000 | 38,514,000 | 38,971,000 | 39,956,000 | 38,208,000 | 37,184,000 | 37,952,000 | 38,440,000 | 39,000,000 | 39,712,000 | 16,649,000 | 16,772,000 |
| Stock & work in progress | 34,000 | 33,000 | 32,000 | 31,000 | 26,000 | 25,000 | 22,000 | 21,000 | 18,000 | 23,000 | 19,000 | 16,000 | 16,000 |
| Trade Debtors | 10,000 | 6,000 | 7,000 | 7,000 | 13,000 | 19,000 | 10,000 | 19,000 | 21,000 | 15,000 | 178,000 | 20,000 | 12,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 639,000 | 770,000 | 717,000 | 957,000 | 740,000 | 2,698,000 | 400,000 | 439,000 | 493,000 | 335,000 | 252,000 | 47,000 | 161,000 |
| Cash | 1,726,000 | 2,105,000 | 1,369,000 | 993,000 | 806,000 | 1,341,000 | 509,000 | 859,000 | 1,482,000 | 1,269,000 | 1,387,000 | 126,000 | 59,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,409,000 | 2,914,000 | 2,125,000 | 1,988,000 | 1,585,000 | 4,083,000 | 941,000 | 1,338,000 | 2,014,000 | 1,642,000 | 1,836,000 | 209,000 | 248,000 |
| total assets | 39,916,000 | 41,034,000 | 40,639,000 | 40,959,000 | 41,541,000 | 42,291,000 | 38,125,000 | 39,290,000 | 40,454,000 | 40,642,000 | 41,548,000 | 16,858,000 | 17,020,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 350,000 | 592,000 | 297,000 | 212,000 | 198,000 | 437,000 | 124,000 | 193,000 | 150,000 | 105,000 | 228,000 | 2,000 | 59,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 11,000 | 11,000 | 11,000 | 11,000 | 11,000 | 11,000 | 11,000 | 16,000 | 6,000 | 0 | 0 | 0 | 36,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7,000 |
| other current liabilities | 919,000 | 852,000 | 766,000 | 621,000 | 620,000 | 595,000 | 639,000 | 560,000 | 602,000 | 472,000 | 504,000 | 78,000 | 156,000 |
| total current liabilities | 1,280,000 | 1,455,000 | 1,074,000 | 844,000 | 829,000 | 1,043,000 | 774,000 | 769,000 | 758,000 | 577,000 | 732,000 | 80,000 | 258,000 |
| loans | 0 | 10,000 | 21,000 | 32,000 | 42,000 | 48,000 | 64,000 | 70,000 | 80,000 | 0 | 0 | 0 | 39,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15,000 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 605,000 | 1,879,000 | 8,607,000 | 7,231,000 | 5,851,000 | 4,276,000 | 4,829,000 | 4,416,000 | 2,405,000 | 2,083,000 | 1,496,000 | 615,000 | 385,000 |
| total liabilities | 1,885,000 | 3,334,000 | 9,681,000 | 8,075,000 | 6,680,000 | 5,319,000 | 5,603,000 | 5,185,000 | 3,163,000 | 2,660,000 | 2,228,000 | 695,000 | 643,000 |
| net assets | 38,031,000 | 37,700,000 | 30,958,000 | 32,884,000 | 34,861,000 | 36,972,000 | 32,522,000 | 34,105,000 | 37,291,000 | 37,982,000 | 39,320,000 | 16,163,000 | 16,377,000 |
| total shareholders funds | 38,031,000 | 37,700,000 | 30,958,000 | 32,884,000 | 34,861,000 | 36,972,000 | 32,522,000 | 34,105,000 | 37,291,000 | 37,982,000 | 39,320,000 | 16,163,000 | 16,377,000 |
| 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 | 1,480,000 | 1,312,000 | 1,193,000 | 1,215,000 | 1,132,000 | 950,000 | 959,000 | 0 | 42,000 | 942,000 | 948,000 | 330,000 | 225,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 1,000 | 1,000 | 1,000 | 5,000 | 1,000 | 3,000 | 1,000 | 3,000 | -5,000 | 4,000 | 3,000 | 0 | 16,000 |
| Debtors | -127,000 | 52,000 | -240,000 | 211,000 | -1,964,000 | 2,307,000 | -48,000 | -56,000 | 164,000 | -80,000 | 363,000 | -106,000 | 173,000 |
| Creditors | -242,000 | 295,000 | 85,000 | 14,000 | -239,000 | 313,000 | -69,000 | 43,000 | 45,000 | -123,000 | 226,000 | -57,000 | 59,000 |
| Accruals and Deferred Income | 67,000 | 86,000 | 145,000 | 1,000 | 25,000 | -44,000 | 79,000 | -42,000 | 130,000 | -32,000 | 426,000 | -78,000 | 156,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | 2,488,000 | -36,000 | -121,000 | 0 | -190,000 | -215,000 | -223,000 | -142,000 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | 2,488,000 | -36,000 | -121,000 | 0 | -190,000 | -215,000 | -223,000 | -142,000 |
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | -5,000 | 10,000 | 6,000 | 0 | 0 | -36,000 | 36,000 |
| Long term loans | -10,000 | -11,000 | -11,000 | -10,000 | -6,000 | -16,000 | -6,000 | -10,000 | 80,000 | 0 | 0 | -39,000 | 39,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -22,000 | 22,000 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | -44,000 | -52,000 | -1,000 | -2,000 | -4,000 | |||
| cash flow from financing | 1,447,000 | 7,668,000 | -672,000 | -784,000 | -988,000 | 8,000 | -420,000 | -711,000 | -345,000 | -197,000 | |||
| cash and cash equivalents | |||||||||||||
| cash | -379,000 | 736,000 | 376,000 | 187,000 | -535,000 | 832,000 | -350,000 | -623,000 | 213,000 | -118,000 | 1,261,000 | 67,000 | 59,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -379,000 | 736,000 | 376,000 | 187,000 | -535,000 | 832,000 | -350,000 | -623,000 | 213,000 | -118,000 | 1,261,000 | 67,000 | 59,000 |
torquay boys' grammar school Credit Report and Business Information
Torquay Boys' Grammar School Competitor Analysis
Perform a competitor analysis for torquay boys' grammar school by selecting its closest rivals, whether from the EDUCATION sector, other mid companies, companies in TQ2 area or any other competitors across 12 key performance metrics.
torquay boys' grammar school Ownership
TORQUAY BOYS' GRAMMAR SCHOOL group structure
Torquay Boys' Grammar School has no subsidiary companies.
Ultimate parent company
TORQUAY BOYS' GRAMMAR SCHOOL
07394671
torquay boys' grammar school directors
Torquay Boys' Grammar School currently has 6 directors. The longest serving directors include Mrs Christine Weston (Oct 2010) and Mr Vincent Flower (Sep 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Christine Weston | United Kingdom | 78 years | Oct 2010 | - | Director |
| Mr Vincent Flower | 64 years | Sep 2012 | - | Director | |
| Mrs Leonora Critchlow | England | 74 years | Sep 2012 | - | Director |
| Mr Christopher Linton | 40 years | Oct 2018 | - | Director | |
| Mr James Hunt | 41 years | Jul 2021 | - | Director | |
| Professor Ralph Fyfe | 50 years | Mar 2024 | - | Director |
P&L
August 2023turnover
17.6m
+2%
operating profit
-1.2m
0%
gross margin
50.5%
+4.16%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
38m
+0.01%
total assets
39.9m
-0.03%
cash
1.7m
-0.18%
net assets
Total assets minus all liabilities
torquay boys' grammar school company details
company number
07394671
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85310 - General secondary education
incorporation date
October 2010
age
15
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
BISHOP FLEMING LLP
address
torquay boys' grammar school, shiphay manor, torquay, devon, TQ2 7EL
Bank
HSBC BANK PLC
Legal Advisor
STONE KING LLP
torquay boys' grammar school 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 torquay boys' grammar school.
torquay boys' grammar school Capital Raised & Share Issues BETA
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torquay boys' grammar school Companies House Filings - See Documents
| date | description | view/download |
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