reach academy trust
reach academy trust Company Information
Company Number
07634106
Website
www.reachacademyfeltham.comRegistered Address
53-55 high street, feltham, middlesex, TW13 4AB
Industry
Primary education
Pre-primary education
Telephone
02088931099
Next Accounts Due
May 2025
Group Structure
View All
Shareholders
-0%
reach academy trust Estimated Valuation
Pomanda estimates the enterprise value of REACH ACADEMY TRUST at £5m based on a Turnover of £7.2m and 0.7x industry multiple (adjusted for size and gross margin).
reach academy trust Estimated Valuation
Pomanda estimates the enterprise value of REACH ACADEMY TRUST at £2.8m based on an EBITDA of £519.4k and a 5.38x industry multiple (adjusted for size and gross margin).
reach academy trust Estimated Valuation
Pomanda estimates the enterprise value of REACH ACADEMY TRUST at £40.5m based on Net Assets of £18.9m and 2.14x industry multiple (adjusted for liquidity).
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Reach Academy Trust Overview
Reach Academy Trust is a live company located in middlesex, TW13 4AB with a Companies House number of 07634106. It operates in the pre-primary education sector, SIC Code 85100. Founded in May 2011, it's largest shareholder is unknown. Reach Academy Trust is a established, mid sized company, Pomanda has estimated its turnover at £7.2m with healthy growth in recent years.
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Reach Academy Trust Health Check
Pomanda's financial health check has awarded Reach Academy 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 £7.2m, make it larger than the average company (£4.7m)
£7.2m - Reach Academy Trust
£4.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (5.6%)
7% - Reach Academy Trust
5.6% - Industry AVG
Production
with a gross margin of 46.1%, this company has a comparable cost of product (46.1%)
46.1% - Reach Academy Trust
46.1% - Industry AVG
Profitability
an operating margin of 3.7% make it less profitable than the average company (5.7%)
3.7% - Reach Academy Trust
5.7% - Industry AVG
Employees
with 115 employees, this is similar to the industry average (96)
115 - Reach Academy Trust
96 - Industry AVG
Pay Structure
on an average salary of £43.8k, the company has a higher pay structure (£33.9k)
£43.8k - Reach Academy Trust
£33.9k - Industry AVG
Efficiency
resulting in sales per employee of £62.6k, this is more efficient (£46.8k)
£62.6k - Reach Academy Trust
£46.8k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (1 days)
1 days - Reach Academy Trust
1 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (18 days)
14 days - Reach Academy Trust
18 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Reach Academy Trust
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 164 weeks, this is more cash available to meet short term requirements (102 weeks)
164 weeks - Reach Academy Trust
102 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3.6%, this is a lower level of debt than the average (11.9%)
3.6% - Reach Academy Trust
11.9% - Industry AVG
REACH ACADEMY TRUST financials
Reach Academy Trust's latest turnover from August 2023 is £7.2 million and the company has net assets of £18.9 million. According to their latest financial statements, Reach Academy Trust has 115 employees and maintains cash reserves of £2.2 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 7,204,246 | 6,731,169 | 6,574,166 | 5,857,377 | 6,239,011 | 5,209,872 | 4,665,244 | 3,803,980 | 3,000,408 | 11,385,810 | 10,951,119 | 363,048 |
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | ||||||||||||
| Gross Profit | ||||||||||||
| Admin Expenses | ||||||||||||
| Operating Profit | ||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 15,000 | 12,000 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 6,000 | 7,000 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 266,570 | -317,298 | 24,488 | -308,100 | -98,754 | -593,025 | -156,142 | -314,068 | -129,234 | 9,386,532 | 9,636,887 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 266,570 | -317,298 | 24,488 | -308,100 | -98,754 | -593,025 | -156,142 | -314,068 | -129,234 | 9,386,532 | 9,636,887 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 266,570 | -317,298 | 24,488 | -308,100 | -98,754 | -593,025 | -156,142 | -314,068 | -129,234 | 9,386,532 | 9,636,887 | 0 |
| Employee Costs | 5,038,893 | 5,289,606 | 5,107,326 | 4,898,193 | 4,607,892 | 4,105,456 | 3,345,700 | 2,639,721 | 1,923,477 | 1,218,044 | 647,109 | 0 |
| Number Of Employees | 115 | 107 | 112 | 106 | 111 | 105 | 99 | 79 | 59 | 32 | 17 | 4 |
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 17,158,054 | 17,370,965 | 17,545,648 | 17,712,125 | 17,888,467 | 18,038,362 | 18,461,552 | 18,398,587 | 18,510,708 | 18,502,290 | 9,305,514 | 0 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 17,158,054 | 17,370,965 | 17,545,648 | 17,712,125 | 17,888,467 | 18,038,362 | 18,461,552 | 18,398,587 | 18,510,708 | 18,502,290 | 9,305,514 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 499 | 5,171 | 8,069 | 4,476 | 0 |
| Trade Debtors | 23,714 | 30,125 | 36,615 | 199,941 | 8,500 | 12,400 | 1,098 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 214,598 | 261,505 | 215,088 | 353,007 | 229,100 | 136,790 | 195,961 | 149,007 | 93,462 | 901,450 | 1,789,746 | 44,702 |
| Cash | 2,192,586 | 1,406,678 | 1,338,237 | 501,451 | 564,457 | 393,499 | 370,148 | 508,479 | 741,597 | 666,093 | 432,839 | 143,953 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,430,898 | 1,698,308 | 1,589,940 | 1,054,399 | 802,057 | 542,689 | 567,207 | 657,985 | 840,230 | 1,575,612 | 2,227,061 | 188,655 |
| total assets | 19,588,952 | 19,069,273 | 19,135,588 | 18,766,524 | 18,690,524 | 18,581,051 | 19,028,759 | 19,056,572 | 19,350,938 | 20,077,902 | 11,532,575 | 188,655 |
| Bank overdraft | 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 |
| Trade Creditors | 157,246 | 86,039 | 261,727 | 72,916 | 21,166 | 3,724 | 63,596 | 73,777 | 51,496 | 923,863 | 1,777,782 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 537,851 | 353,949 | 329,278 | 417,513 | 312,163 | 296,378 | 245,189 | 228,679 | 311,258 | 80,621 | 79,906 | 188,655 |
| total current liabilities | 695,097 | 439,988 | 591,005 | 490,429 | 333,329 | 300,102 | 308,785 | 302,456 | 362,754 | 1,004,484 | 1,857,688 | 188,655 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 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 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 213,000 | 2,115,000 | 1,461,000 | 1,225,000 | 857,000 | 921,000 | 431,000 | 148,000 | 101,000 | 59,000 | 0 |
| total liabilities | 695,097 | 652,988 | 2,706,005 | 1,951,429 | 1,558,329 | 1,157,102 | 1,229,785 | 733,456 | 510,754 | 1,105,484 | 1,916,688 | 188,655 |
| net assets | 18,893,855 | 18,416,285 | 16,429,583 | 16,815,095 | 17,132,195 | 17,423,949 | 17,798,974 | 18,323,116 | 18,840,184 | 18,972,418 | 9,615,887 | 0 |
| total shareholders funds | 18,893,855 | 18,416,285 | 16,429,583 | 16,815,095 | 17,132,195 | 17,423,949 | 17,798,974 | 18,323,116 | 18,840,184 | 18,972,418 | 9,615,887 | 0 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 253,909 | 248,613 | 228,158 | 239,366 | 235,178 | 460,337 | 360,714 | 308,215 | 260,276 | 136,507 | 128,816 | 0 |
| Amortisation | 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 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | -499 | -4,672 | -2,898 | 3,593 | 4,476 | 0 |
| Debtors | -53,318 | 39,927 | -301,245 | 315,348 | 88,410 | -47,869 | 48,052 | 55,545 | -807,988 | -888,296 | 1,745,044 | 44,702 |
| Creditors | 71,207 | -175,688 | 188,811 | 51,750 | 17,442 | -59,872 | -10,181 | 22,281 | -872,367 | -853,919 | 1,777,782 | 0 |
| Accruals and Deferred Income | 183,902 | 24,671 | -88,235 | 105,350 | 15,785 | 51,189 | 16,510 | -82,579 | 230,637 | 715 | -108,749 | 188,655 |
| Deferred Taxes & Provisions | 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 | -24,688 | -75,232 | -196,094 | -268,693 | 11,993 | 6,241 | 0 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | -24,688 | -75,232 | -196,094 | -268,693 | 11,993 | 6,241 | 0 |
| Financing Activities | ||||||||||||
| Bank loans | 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 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | -9,000 | -5,000 | 0 | 0 | 0 | 0 |
| cash flow from financing | 211,000 | 2,304,000 | -410,000 | -9,000 | -193,000 | 218,000 | -377,000 | -208,000 | -3,000 | -30,001 | -21,000 | 0 |
| cash and cash equivalents | ||||||||||||
| cash | 785,908 | 68,441 | 836,786 | -63,006 | 170,958 | 23,351 | -138,331 | -233,118 | 75,504 | 233,254 | 288,886 | 143,953 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 785,908 | 68,441 | 836,786 | -63,006 | 170,958 | 23,351 | -138,331 | -233,118 | 75,504 | 233,254 | 288,886 | 143,953 |
reach academy trust Credit Report and Business Information
Reach Academy Trust Competitor Analysis
Perform a competitor analysis for reach academy trust by selecting its closest rivals, whether from the EDUCATION sector, other mid companies, companies in TW13 area or any other competitors across 12 key performance metrics.
reach academy trust Ownership
REACH ACADEMY TRUST group structure
Reach Academy Trust has no subsidiary companies.
Ultimate parent company
REACH ACADEMY TRUST
07634106
reach academy trust directors
Reach Academy Trust currently has 9 directors. The longest serving directors include Jonathan McGoh (May 2011) and Ms Jennifer Baxter (Oct 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Jonathan McGoh | England | 44 years | May 2011 | - | Director |
| Ms Jennifer Baxter | England | 44 years | Oct 2011 | - | Director |
| Ms Judith Tacon | United Kingdom | 46 years | Jul 2012 | - | Director |
| Ms Rebecca Cramer | England | 40 years | Aug 2012 | - | Director |
| Mr Iain Gravestock | 54 years | Jul 2020 | - | Director | |
| Ms Julia Casson | England | 47 years | Jun 2021 | - | Director |
| Mr Dennis Simms | 35 years | Jun 2021 | - | Director | |
| Mrs Juliette Cammaerts | 35 years | Dec 2022 | - | Director | |
| Mrs Kimberly Downton | 41 years | Dec 2022 | - | Director |
P&L
August 2023turnover
7.2m
+7%
operating profit
265.4k
0%
gross margin
46.2%
+0.99%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
18.9m
+0.03%
total assets
19.6m
+0.03%
cash
2.2m
+0.56%
net assets
Total assets minus all liabilities
reach academy trust company details
company number
07634106
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85310 - General secondary education
85200 - Primary education
85100 - Pre-primary education
incorporation date
May 2011
age
13
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
reach academy (June 2018)
reach academy ltd (May 2012)
last accounts submitted
August 2023
address
53-55 high street, feltham, middlesex, TW13 4AB
accountant
-
auditor
MHA
reach 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 reach academy trust.
reach academy trust Companies House Filings - See Documents
| date | description | view/download |
|---|
