west norfolk riding for the disabled association - the magpie centre Company Information
Company Number
07650610
Website
www.rda-westnorfolk.org.ukRegistered Address
the magpie centre wallington hal, lynn road, king's lynn, norfolk, PE33 0EP
Industry
Sports and recreation education
Telephone
01553810202
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
-0%
west norfolk riding for the disabled association - the magpie centre Estimated Valuation
Pomanda estimates the enterprise value of WEST NORFOLK RIDING FOR THE DISABLED ASSOCIATION - THE MAGPIE CENTRE at £153.3k based on a Turnover of £219.8k and 0.7x industry multiple (adjusted for size and gross margin).
west norfolk riding for the disabled association - the magpie centre Estimated Valuation
Pomanda estimates the enterprise value of WEST NORFOLK RIDING FOR THE DISABLED ASSOCIATION - THE MAGPIE CENTRE at £160.3k based on an EBITDA of £44.3k and a 3.62x industry multiple (adjusted for size and gross margin).
west norfolk riding for the disabled association - the magpie centre Estimated Valuation
Pomanda estimates the enterprise value of WEST NORFOLK RIDING FOR THE DISABLED ASSOCIATION - THE MAGPIE CENTRE at £291.9k based on Net Assets of £128.2k and 2.28x industry multiple (adjusted for liquidity).
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West Norfolk Riding For The Disabled Association - The Magpie Centre Overview
West Norfolk Riding For The Disabled Association - The Magpie Centre is a live company located in king's lynn, PE33 0EP with a Companies House number of 07650610. It operates in the sports and recreation education sector, SIC Code 85510. Founded in May 2011, it's largest shareholder is unknown. West Norfolk Riding For The Disabled Association - The Magpie Centre is a established, micro sized company, Pomanda has estimated its turnover at £219.8k with healthy growth in recent years.
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West Norfolk Riding For The Disabled Association - The Magpie Centre Health Check
Pomanda's financial health check has awarded West Norfolk Riding For The Disabled Association - The Magpie Centre a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
2 Weak
Size
annual sales of £219.8k, make it in line with the average company (£228.4k)
£219.8k - West Norfolk Riding For The Disabled Association - The Magpie Centre
£228.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (7.8%)
14% - West Norfolk Riding For The Disabled Association - The Magpie Centre
7.8% - Industry AVG
Production
with a gross margin of 60.2%, this company has a comparable cost of product (60.2%)
60.2% - West Norfolk Riding For The Disabled Association - The Magpie Centre
60.2% - Industry AVG
Profitability
an operating margin of 16% make it more profitable than the average company (3.9%)
16% - West Norfolk Riding For The Disabled Association - The Magpie Centre
3.9% - Industry AVG
Employees
with 6 employees, this is below the industry average (8)
- West Norfolk Riding For The Disabled Association - The Magpie Centre
8 - Industry AVG
Pay Structure
on an average salary of £19.3k, the company has an equivalent pay structure (£19.3k)
- West Norfolk Riding For The Disabled Association - The Magpie Centre
£19.3k - Industry AVG
Efficiency
resulting in sales per employee of £36.6k, this is equally as efficient (£40.8k)
- West Norfolk Riding For The Disabled Association - The Magpie Centre
£40.8k - Industry AVG
Debtor Days
it gets paid by customers after 18 days, this is later than average (14 days)
18 days - West Norfolk Riding For The Disabled Association - The Magpie Centre
14 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - West Norfolk Riding For The Disabled Association - The Magpie Centre
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - West Norfolk Riding For The Disabled Association - The Magpie Centre
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 731 weeks, this is more cash available to meet short term requirements (112 weeks)
731 weeks - West Norfolk Riding For The Disabled Association - The Magpie Centre
112 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3.7%, this is a lower level of debt than the average (33.2%)
3.7% - West Norfolk Riding For The Disabled Association - The Magpie Centre
33.2% - Industry AVG
WEST NORFOLK RIDING FOR THE DISABLED ASSOCIATION - THE MAGPIE CENTRE financials
West Norfolk Riding For The Disabled Association - The Magpie Centre's latest turnover from May 2023 is £219.8 thousand and the company has net assets of £128.2 thousand. According to their latest financial statements, we estimate that West Norfolk Riding For The Disabled Association - The Magpie Centre has 6 employees and maintains cash reserves of £68.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 219,801 | 189,993 | 184,774 | 147,313 | 145,489 | 145,763 | 124,971 | 125,855 | 92,969 | 137,067 | ||
Other Income Or Grants | ||||||||||||
Cost Of Sales | ||||||||||||
Gross Profit | ||||||||||||
Admin Expenses | ||||||||||||
Operating Profit | ||||||||||||
Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Pre-Tax Profit | 28,402 | 8,051 | 22,654 | 1,098 | -6,076 | 5,632 | 6,020 | 11,295 | 1,085 | 59,835 | ||
Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Profit After Tax | 28,402 | 8,051 | 22,654 | 1,098 | -6,076 | 5,632 | 6,020 | 11,295 | 1,085 | 59,835 | ||
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Retained Profit | 28,402 | 8,051 | 22,654 | 1,098 | -6,076 | 5,632 | 6,020 | 11,295 | 1,085 | 59,835 | ||
Employee Costs | 59,485 | 63,536 | 58,162 | 57,262 | 53,269 | 43,949 | 36,324 | |||||
Number Of Employees | 5 | 5 | 6 | 6 | ||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 53,077 | 52,234 | 47,950 | 53,103 | 60,100 | 50,117 | 39,279 | 34,327 | 21,817 | 27,512 | 29,681 | 30,677 |
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 | 53,077 | 52,234 | 47,950 | 53,103 | 60,100 | 50,117 | 39,279 | 34,327 | 21,817 | 27,512 | 29,681 | 30,677 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 11,050 | 14,341 | 265 | 2,811 | 0 | 6,216 | 7,025 | 7,442 | 7,935 | 6,248 | 7,124 | 1,340 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 98 | 1,024 | 961 | 576 | 4,748 | 0 | 0 | 0 | 0 | 0 | 0 | 4,963 |
Cash | 68,851 | 47,953 | 66,889 | 31,014 | 15,204 | 29,174 | 29,884 | 25,046 | 38,647 | 16,712 | 35,766 | 27,168 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 79,999 | 63,318 | 68,115 | 34,401 | 19,952 | 35,390 | 36,909 | 32,488 | 46,582 | 22,960 | 42,890 | 33,471 |
total assets | 133,076 | 115,552 | 116,065 | 87,504 | 80,052 | 85,507 | 76,188 | 66,815 | 68,399 | 50,472 | 72,571 | 64,148 |
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 | 0 | 0 | 0 | 0 | 0 | 11,453 | 7,766 | 5,113 | 17,992 | 5,313 | 11,651 | 4,313 |
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 | 4,893 | 15,771 | 24,335 | 18,428 | 12,074 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 4,893 | 15,771 | 24,335 | 18,428 | 12,074 | 11,453 | 7,766 | 5,113 | 17,992 | 5,313 | 11,651 | 4,313 |
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 4,893 | 15,771 | 24,335 | 18,428 | 12,074 | 11,453 | 7,766 | 5,113 | 17,992 | 5,313 | 11,651 | 4,313 |
net assets | 128,183 | 99,781 | 91,730 | 69,076 | 67,978 | 74,054 | 68,422 | 61,702 | 50,407 | 45,159 | 60,920 | 59,835 |
total shareholders funds | 128,183 | 99,781 | 91,730 | 69,076 | 67,978 | 74,054 | 68,422 | 61,702 | 50,407 | 45,159 | 60,920 | 59,835 |
May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||
Operating Profit | ||||||||||||
Depreciation | 9,057 | 11,267 | 11,691 | 11,075 | 12,031 | 8,255 | 5,216 | 5,859 | 5,844 | 6,384 | 5,035 | 4,246 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -4,217 | 14,139 | -2,161 | -1,361 | -1,468 | -809 | -417 | -493 | 1,687 | -876 | 821 | 6,303 |
Creditors | 0 | 0 | 0 | 0 | -11,453 | 3,687 | 2,653 | -12,879 | 12,679 | -6,338 | 7,338 | 4,313 |
Accruals and Deferred Income | -10,878 | -8,564 | 5,907 | 6,354 | 12,074 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||||||||
Investing Activities | ||||||||||||
capital expenditure | ||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||
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 | 0 | 0 | 0 | 0 | ||
cash flow from financing | 0 | 0 | 0 | 0 | 0 | 0 | 700 | 0 | 0 | 0 | ||
cash and cash equivalents | ||||||||||||
cash | 20,898 | -18,936 | 35,875 | 15,810 | -13,970 | -710 | 4,838 | -13,601 | 21,935 | -19,054 | 8,598 | 27,168 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 20,898 | -18,936 | 35,875 | 15,810 | -13,970 | -710 | 4,838 | -13,601 | 21,935 | -19,054 | 8,598 | 27,168 |
west norfolk riding for the disabled association - the magpie centre Credit Report and Business Information
West Norfolk Riding For The Disabled Association - The Magpie Centre Competitor Analysis
Perform a competitor analysis for west norfolk riding for the disabled association - the magpie centre by selecting its closest rivals, whether from the EDUCATION sector, other micro companies, companies in PE33 area or any other competitors across 12 key performance metrics.
west norfolk riding for the disabled association - the magpie centre Ownership
WEST NORFOLK RIDING FOR THE DISABLED ASSOCIATION - THE MAGPIE CENTRE group structure
West Norfolk Riding For The Disabled Association - The Magpie Centre has no subsidiary companies.
Ultimate parent company
WEST NORFOLK RIDING FOR THE DISABLED ASSOCIATION - THE MAGPIE CENTRE
07650610
west norfolk riding for the disabled association - the magpie centre directors
West Norfolk Riding For The Disabled Association - The Magpie Centre currently has 10 directors. The longest serving directors include Mrs Catherine Miles (Dec 2017) and Mr Nigel Olding (Aug 2019).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mrs Catherine Miles | 71 years | Dec 2017 | - | Director | |
Mr Nigel Olding | 62 years | Aug 2019 | - | Director | |
Ms Jacqueline Westrop | 67 years | Mar 2020 | - | Director | |
Susan Davis | 73 years | Sep 2021 | - | Director | |
Mrs Bernadette Ford | England | 59 years | Sep 2022 | - | Director |
Mr Christopher Hitchens | 73 years | Nov 2022 | - | Director | |
Mrs Anne Ash | 72 years | Jan 2023 | - | Director | |
Mrs Susan Wilson | 76 years | Jan 2023 | - | Director | |
Ms Sarah Whitehead | 59 years | Apr 2024 | - | Director | |
Ms Emma Paul | 43 years | Apr 2024 | - | Director |
P&L
May 2023turnover
219.8k
+16%
operating profit
35.2k
0%
gross margin
60.2%
-11.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
128.2k
+0.28%
total assets
133.1k
+0.15%
cash
68.9k
+0.44%
net assets
Total assets minus all liabilities
west norfolk riding for the disabled association - the magpie centre company details
company number
07650610
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85510 - Sports and recreation education
incorporation date
May 2011
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
KEZIA BENEFER
auditor
-
address
the magpie centre wallington hal, lynn road, king's lynn, norfolk, PE33 0EP
Bank
-
Legal Advisor
-
west norfolk riding for the disabled association - the magpie centre 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 west norfolk riding for the disabled association - the magpie centre.
west norfolk riding for the disabled association - the magpie centre Companies House Filings - See Documents
date | description | view/download |
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