Pomanda estimates the enterprise value of READING SCHOOL at £8.7m based on a Turnover of £10.7m and 0.81x industry multiple (adjusted for size and gross margin).
reading schoolEstimated Valuation
£5.1m
Pomanda estimates the enterprise value of READING SCHOOL at £5.1m based on an EBITDA of £954.9k and a 5.36x industry multiple (adjusted for size and gross margin).
reading schoolEstimated Valuation
£37m
Pomanda estimates the enterprise value of READING SCHOOL at £37m based on Net Assets of £15.4m and 2.4x industry multiple (adjusted for liquidity).
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Reading SchoolOverview
Reading School is a live company located in berkshire, RG1 5LW with a Companies House number of 07475515. It operates in the general secondary education sector, SIC Code 85310. Founded in December 2010, it's largest shareholder is
unknown.
Reading School is a established,
mid sized company, Pomanda has estimated its turnover at
£10.7m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Reading School a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
4 Strong
4 Regular
3 Weak
Size
annual sales of £10.7m, make it in line with the average company (£9.6m)
£10.7m - Reading School
£9.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (7.4%)
9% - Reading School
7.4% - Industry AVG
Production
with a gross margin of 53%, this company has a comparable cost of product (53%)
53% - Reading School
53% - Industry AVG
Profitability
an operating margin of 4% make it less profitable than the average company (6%)
4% - Reading School
6% - Industry AVG
Employees
with 147 employees, this is similar to the industry average (153)
147 - Reading School
153 - Industry AVG
Pay Structure
on an average salary of £46.4k, the company has an equivalent pay structure (£43.2k)
£46.4k - Reading School
£43.2k - Industry AVG
Efficiency
resulting in sales per employee of £72.7k, this is more efficient (£62.2k)
£72.7k - Reading School
£62.2k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is later than average (0 days)
8 days - Reading School
0 days - Industry AVG
Creditor Days
its suppliers are paid after 31 days, this is slower than average (22 days)
31 days - Reading School
22 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Reading School
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 128 weeks, this is more cash available to meet short term requirements (97 weeks)
128 weeks - Reading School
97 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 13.6%, this is a higher level of debt than the average (6.2%)
13.6% - Reading School
6.2% - Industry AVG
READING SCHOOL financials
EXPORT
Reading School's latest turnover from August 2024 is £10.7 million and the company has net assets of £15.4 million. According to their latest financial statements, Reading School has 147 employees and maintains cash reserves of £4 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
10,687,882
10,121,092
9,126,625
8,177,530
7,504,925
7,220,414
6,514,000
6,023,237
7,756,991
7,965,468
6,302,314
6,617,137
6,859,079
13,704,131
Other Income Or Grants
Cost Of Sales
5,022,034
4,974,660
4,722,872
4,304,900
3,979,689
3,717,412
3,336,483
3,053,139
3,988,713
4,210,187
3,375,087
3,267,117
3,383,448
6,826,868
Gross Profit
5,665,848
5,146,432
4,403,753
3,872,630
3,525,236
3,503,002
3,177,517
2,970,098
3,768,278
3,755,281
2,927,227
3,350,020
3,475,631
6,877,263
Admin Expenses
5,243,013
4,406,421
4,775,410
3,857,388
4,441,846
3,662,816
3,479,513
3,380,717
2,191,991
1,683,195
2,648,080
2,740,399
2,439,827
-7,059,357
Operating Profit
422,835
740,011
-371,657
15,242
-916,610
-159,814
-301,996
-410,619
1,576,287
2,072,086
279,147
609,621
1,035,804
13,936,620
Interest Payable
13,801
8,951
8,043
7,436
4,939
6,895
Interest Receivable
Pre-Tax Profit
463,473
688,007
-324,815
2,447
-914,630
-146,467
-291,280
-406,712
1,264,951
1,664,197
225,641
473,069
789,607
10,314,428
Tax
11,696
Profit After Tax
463,473
688,007
-324,815
14,143
-914,630
-146,467
-291,280
-406,712
1,264,951
1,664,197
225,641
473,069
789,607
10,314,428
Dividends Paid
Retained Profit
463,473
688,007
-324,815
14,143
-914,630
-146,467
-291,280
-406,712
1,264,951
1,664,197
225,641
473,069
789,607
10,314,428
Employee Costs
6,822,824
6,249,538
6,057,874
5,622,158
4,951,537
4,364,389
4,137,605
3,978,409
3,853,627
3,821,000
3,730,265
3,826,995
3,825,574
2,223,273
Number Of Employees
147
142
148
134
115
113
109
103
103
103
84
90
89
87
EBITDA*
954,852
1,221,351
78,621
464,727
-441,729
322,597
185,106
44,257
2,069,660
2,492,084
655,864
972,968
1,373,371
14,127,263
* 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
12,825,485
12,533,865
12,866,238
13,080,943
13,425,824
13,986,604
14,383,990
14,788,986
14,242,414
12,272,335
11,423,561
11,142,648
11,413,878
10,524,094
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
12,825,485
12,533,865
12,866,238
13,080,943
13,425,824
13,986,604
14,383,990
14,788,986
14,242,414
12,272,335
11,423,561
11,142,648
11,413,878
10,524,094
Stock & work in progress
Trade Debtors
251,053
268,093
250,052
257,602
226,007
213,976
192,751
181,213
234,776
305,420
232,304
162,674
186,008
188,345
Group Debtors
Misc Debtors
752,521
450,850
221,231
173,200
114,151
116,258
102,883
102,280
105,753
231,559
227,355
61,714
65,987
107,219
Cash
3,986,228
3,818,941
2,936,535
2,416,801
2,020,760
1,939,099
1,619,998
1,237,734
1,888,099
2,033,128
1,230,835
1,359,036
542,565
718,552
misc current assets
total current assets
4,989,802
4,537,884
3,407,818
2,847,603
2,360,918
2,269,333
1,915,632
1,521,227
2,228,628
2,570,107
1,690,494
1,583,424
794,560
1,014,116
total assets
17,815,287
17,071,749
16,274,056
15,928,546
15,786,742
16,255,937
16,299,622
16,310,213
16,471,042
14,842,442
13,114,055
12,726,072
12,208,438
11,538,210
Bank overdraft
Bank loan
Trade Creditors
436,847
228,070
219,703
125,241
141,268
110,328
132,507
132,070
167,700
150,376
87,196
112,057
121,752
81,196
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
1,177,289
1,058,001
1,075,682
919,819
1,091,131
851,175
935,214
861,962
710,449
464,624
562,114
461,911
466,151
653,086
total current liabilities
1,614,136
1,286,071
1,295,385
1,045,060
1,232,399
961,503
1,067,721
994,032
878,149
615,000
649,310
573,968
587,903
734,282
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
29,000
29,500
32,000
28,000
26,500
28,500
provisions
total long term liabilities
816,000
772,000
1,072,000
3,641,000
3,057,000
2,294,000
1,768,000
1,933,000
1,856,000
1,048,500
974,000
913,000
789,500
503,500
total liabilities
2,430,136
2,058,071
2,367,385
4,686,060
4,289,399
3,255,503
2,835,721
2,927,032
2,734,149
1,663,500
1,623,310
1,486,968
1,377,403
1,237,782
net assets
15,385,151
15,013,678
13,906,671
11,242,486
11,497,343
13,000,434
13,463,901
13,383,181
13,736,893
13,178,942
11,490,745
11,239,104
10,831,035
10,300,428
total shareholders funds
15,385,151
15,013,678
13,906,671
11,242,486
11,497,343
13,000,434
13,463,901
13,383,181
13,736,893
13,178,942
11,490,745
11,239,104
10,831,035
10,300,428
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
422,835
740,011
-371,657
15,242
-916,610
-159,814
-301,996
-410,619
1,576,287
2,072,086
279,147
609,621
1,035,804
13,936,620
Depreciation
532,017
481,340
450,278
449,485
474,881
482,411
487,102
454,876
493,373
419,998
376,717
363,347
337,567
190,643
Amortisation
Tax
11,696
Stock
Debtors
284,631
247,660
40,481
90,644
9,924
34,600
12,141
-57,036
-196,450
77,320
235,271
-27,607
-43,569
295,564
Creditors
208,777
8,367
94,462
-16,027
30,940
-22,179
437
-35,630
17,324
63,180
-24,861
-9,695
40,556
81,196
Accruals and Deferred Income
119,288
-17,681
155,863
-171,312
239,956
-84,039
73,252
151,513
245,825
-97,490
100,203
-4,240
-186,935
653,086
Deferred Taxes & Provisions
Cash flow from operations
998,286
964,377
288,465
198,440
-180,757
181,779
246,654
217,176
2,529,259
2,380,454
495,935
986,640
1,270,561
14,565,981
Investing Activities
capital expenditure
-59,312
-979,486
-810,023
-659,431
-120,249
-1,224,087
-310,446
Change in Investments
cash flow from investments
-59,312
-979,486
-810,023
-659,431
-120,249
-1,224,087
-310,446
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-29,000
-500
-2,500
4,000
1,500
-2,000
28,500
share issue
-92,000
419,000
2,989,000
-269,000
-588,461
-317,000
372,000
53,000
-707,000
24,000
26,000
-65,000
-259,000
-14,000
interest
-13,801
-8,951
-8,043
-7,436
-4,939
-6,895
cash flow from financing
-92,000
419,000
2,989,000
-269,000
-588,461
-317,000
358,199
15,049
-715,543
14,064
25,061
-70,395
-261,000
14,500
cash and cash equivalents
cash
167,287
882,406
519,734
396,041
81,661
319,101
382,264
-650,365
-145,029
802,293
-128,201
816,471
-175,987
718,552
overdraft
change in cash
167,287
882,406
519,734
396,041
81,661
319,101
382,264
-650,365
-145,029
802,293
-128,201
816,471
-175,987
718,552
reading school Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85310 - General secondary education
incorporation date
December 2010
age
15
incorporated
UK
ultimate parent company
None
accounts
Group
last accounts submitted
August 2024
previous names
N/A
accountant
-
auditor
CROWE U.K. LLP
address
reading school erleigh road, reading, berkshire, RG1 5LW
Bank
HSBC BANK PLC
Legal Advisor
STONE KING LLP
reading 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 reading school.
reading school Capital Raised & Share Issues BETA
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reading schoolCompanies House Filings - See Documents
