the spring partnership trust
the spring partnership trust Company Information
Group Structure
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Industry
Primary education
Registered Address
the spring partnership trust, elmstead wood primary school, mottingham, london, SE9 4AT
the spring partnership trust Estimated Valuation
Pomanda estimates the enterprise value of THE SPRING PARTNERSHIP TRUST at £16.1m based on a Turnover of £14.6m and 1.1x industry multiple (adjusted for size and gross margin).
the spring partnership trust Estimated Valuation
Pomanda estimates the enterprise value of THE SPRING PARTNERSHIP TRUST at £853.5k based on an EBITDA of £171.3k and a 4.98x industry multiple (adjusted for size and gross margin).
the spring partnership trust Estimated Valuation
Pomanda estimates the enterprise value of THE SPRING PARTNERSHIP TRUST at £66.6m based on Net Assets of £25.1m and 2.66x industry multiple (adjusted for liquidity).
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The Spring Partnership Trust Overview
The Spring Partnership Trust is a live company located in mottingham, SE9 4AT with a Companies House number of 07656245. It operates in the primary education sector, SIC Code 85200. Founded in June 2011, it's largest shareholder is unknown. The Spring Partnership Trust is a established, mid sized company, Pomanda has estimated its turnover at £14.6m with healthy growth in recent years.
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The Spring Partnership Trust Health Check
Pomanda's financial health check has awarded The Spring Partnership Trust a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
4 Regular
2 Weak
Size
annual sales of £14.6m, make it larger than the average company (£4m)
£14.6m - The Spring Partnership Trust
£4m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (5.7%)
6% - The Spring Partnership Trust
5.7% - Industry AVG
Production
with a gross margin of 45.3%, this company has a comparable cost of product (45.3%)
45.3% - The Spring Partnership Trust
45.3% - Industry AVG
Profitability
an operating margin of -4.6% make it less profitable than the average company (5%)
-4.6% - The Spring Partnership Trust
5% - Industry AVG
Employees
with 338 employees, this is above the industry average (91)
338 - The Spring Partnership Trust
91 - Industry AVG
Pay Structure
on an average salary of £33.3k, the company has an equivalent pay structure (£33.1k)
£33.3k - The Spring Partnership Trust
£33.1k - Industry AVG
Efficiency
resulting in sales per employee of £43.2k, this is equally as efficient (£45.6k)
£43.2k - The Spring Partnership Trust
£45.6k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (1 days)
0 days - The Spring Partnership Trust
1 days - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is slower than average (19 days)
24 days - The Spring Partnership Trust
19 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (2 days)
1 days - The Spring Partnership Trust
2 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 31 weeks, this is less cash available to meet short term requirements (99 weeks)
31 weeks - The Spring Partnership Trust
99 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 8.3%, this is a lower level of debt than the average (11.5%)
8.3% - The Spring Partnership Trust
11.5% - Industry AVG
THE SPRING PARTNERSHIP TRUST financials
The Spring Partnership Trust's latest turnover from August 2023 is £14.6 million and the company has net assets of £25.1 million. According to their latest financial statements, The Spring Partnership Trust has 338 employees and maintains cash reserves of £1.4 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 | 14,612,000 | 13,460,000 | 13,976,000 | 12,344,000 | 12,103,305 | 16,646,072 | 23,042,060 | 5,654,233 | 5,596,637 | 2,791,350 | 2,519,449 | 5,901,503 |
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | ||||||||||||
| Gross Profit | ||||||||||||
| Admin Expenses | ||||||||||||
| Operating Profit | ||||||||||||
| Interest Payable | 69,000 | 189 | 5 | |||||||||
| Interest Receivable | 48,000 | |||||||||||
| Pre-Tax Profit | -584,000 | -13,229,000 | -658,000 | -435,000 | -685,859 | 4,668,803 | 12,824,238 | 1,197,617 | 1,666,654 | 75,188 | 4,713 | 3,190,841 |
| Tax | ||||||||||||
| Profit After Tax | -584,000 | -13,229,000 | -658,000 | -435,000 | -685,859 | 4,668,803 | 12,824,238 | 1,197,617 | 1,666,654 | 75,188 | 4,713 | 3,190,841 |
| Dividends Paid | ||||||||||||
| Retained Profit | -584,000 | -13,229,000 | -658,000 | -435,000 | -685,859 | 4,668,803 | 12,824,238 | 1,197,617 | 1,666,654 | 75,188 | 4,713 | 3,190,841 |
| Employee Costs | 11,242,000 | 11,079,000 | 10,364,000 | 10,071,000 | 9,947,187 | 9,143,506 | 7,759,920 | 3,386,016 | 2,897,061 | 2,033,096 | 1,951,867 | 2,138,313 |
| Number Of Employees | 338 | 317 | 325 | 347 | 347 | 350 | 302 | 141 | 139 | 68 | 46 | 46 |
| 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 | 23,995,000 | 24,176,000 | 35,816,000 | 36,425,000 | 32,650,111 | 32,577,652 | 24,162,115 | 6,035,568 | 4,931,837 | 3,243,714 | 3,177,238 | 3,103,769 |
| Intangible Assets | 7,000 | 16,000 | 25,029 | 34,084 | 43,139 | |||||||
| Investments & Other | 650,000 | |||||||||||
| Debtors (Due After 1 year) | ||||||||||||
| Total Fixed Assets | 24,645,000 | 24,176,000 | 35,823,000 | 36,441,000 | 32,675,140 | 32,611,736 | 24,205,254 | 6,035,568 | 4,931,837 | 3,243,714 | 3,177,238 | 3,103,769 |
| Stock & work in progress | 28,000 | 5,000 | 12,000 | 17,000 | 5,784 | 11,055 | 1,116 | |||||
| Trade Debtors | 36,000 | 32,000 | 12,000 | 2,000 | 14,995 | 56,602 | 130,364 | 93,574 | 22,689 | 2,764 | 6,220 | 23,690 |
| Group Debtors | ||||||||||||
| Misc Debtors | 1,266,000 | 747,000 | 1,142,000 | 289,000 | 683,103 | 462,580 | 1,515,875 | 387,212 | 193,310 | 128,402 | 49,246 | 49,269 |
| Cash | 1,360,000 | 1,969,000 | 2,204,000 | 2,521,000 | 1,477,674 | 2,766,803 | 2,728,089 | 1,278,453 | 552,526 | 436,707 | 380,695 | 359,014 |
| misc current assets | ||||||||||||
| total current assets | 2,690,000 | 2,753,000 | 3,370,000 | 2,829,000 | 2,181,556 | 3,297,040 | 4,375,444 | 1,759,239 | 768,525 | 567,873 | 436,161 | 431,973 |
| total assets | 27,335,000 | 26,929,000 | 39,193,000 | 39,270,000 | 34,856,696 | 35,908,776 | 28,580,698 | 7,794,807 | 5,700,362 | 3,811,587 | 3,613,399 | 3,535,742 |
| Bank overdraft | ||||||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 534,000 | 313,000 | 233,000 | 299,000 | 234,009 | 313,596 | 485,960 | 690,416 | 178,064 | 88,918 | ||
| Group/Directors Accounts | ||||||||||||
| other short term finances | 11,000 | 11,000 | 11,000 | 10,000 | 9,640 | 17,053 | 11,369 | 1,943 | ||||
| hp & lease commitments | ||||||||||||
| other current liabilities | 1,696,000 | 1,241,000 | 1,264,000 | 1,144,000 | 854,945 | 1,754,355 | 1,404,716 | 475,834 | 131,902 | 139,927 | 107,845 | 61,901 |
| total current liabilities | 2,241,000 | 1,565,000 | 1,508,000 | 1,453,000 | 1,098,594 | 2,085,004 | 1,902,045 | 1,168,193 | 309,966 | 228,845 | 107,845 | 61,901 |
| loans | 25,000 | 36,000 | 47,000 | 50,000 | 59,610 | 28,421 | 34,105 | 13,601 | ||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | ||||||||||||
| provisions | ||||||||||||
| total long term liabilities | 25,000 | 36,000 | 5,001,000 | 4,005,000 | 4,123,610 | 1,701,421 | 2,311,105 | 1,274,601 | 645,000 | 461,000 | 349,000 | 427,000 |
| total liabilities | 2,266,000 | 1,601,000 | 6,509,000 | 5,458,000 | 5,222,204 | 3,786,425 | 4,213,150 | 2,442,794 | 954,966 | 689,845 | 456,845 | 488,901 |
| net assets | 25,069,000 | 25,328,000 | 32,684,000 | 33,812,000 | 29,634,492 | 32,122,351 | 24,367,548 | 5,352,013 | 4,745,396 | 3,121,742 | 3,156,554 | 3,046,841 |
| total shareholders funds | 25,069,000 | 25,328,000 | 32,684,000 | 33,812,000 | 29,634,492 | 32,122,351 | 24,367,548 | 5,352,013 | 4,745,396 | 3,121,742 | 3,156,554 | 3,046,841 |
| 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 | 838,000 | 720,000 | 666,000 | 600,000 | 599,881 | 497,948 | 375,042 | 156,398 | 119,892 | 89,480 | 67,174 | 62,701 |
| Amortisation | 7,000 | 9,000 | 9,000 | 9,055 | 9,055 | 2,136 | ||||||
| Tax | ||||||||||||
| Stock | 23,000 | -7,000 | -5,000 | 11,216 | -5,271 | 9,939 | 1,116 | |||||
| Debtors | 523,000 | -375,000 | 863,000 | -407,098 | 178,916 | -1,127,057 | 1,165,453 | 264,787 | 84,833 | 75,700 | -17,493 | 72,959 |
| Creditors | 221,000 | 80,000 | -66,000 | 64,991 | -79,587 | -172,364 | -204,456 | 512,352 | 89,146 | 88,918 | ||
| Accruals and Deferred Income | 455,000 | -23,000 | 120,000 | 289,055 | -899,410 | 349,639 | 928,882 | 343,932 | -8,025 | 32,082 | 45,944 | 61,901 |
| Deferred Taxes & Provisions | ||||||||||||
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | -1,216,162 | 832,144 | -116,936 | -69,817 | -144,688 | -129,285 | -7,931 | |||||
| Change in Investments | 650,000 | |||||||||||
| cash flow from investments | -650,000 | -1,216,162 | 832,144 | -116,936 | -69,817 | -144,688 | -129,285 | -7,931 | ||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | ||||||||||||
| Other Short Term Loans | 1,000 | 360 | -7,413 | 5,684 | 9,426 | 1,943 | ||||||
| Long term loans | -11,000 | -11,000 | -3,000 | -9,610 | 31,189 | -5,684 | 20,504 | 13,601 | ||||
| Hire Purchase and Lease Commitments | ||||||||||||
| other long term liabilities | ||||||||||||
| share issue | ||||||||||||
| interest | -21,000 | -189 | -5 | |||||||||
| cash flow from financing | 314,000 | 5,862,000 | -472,000 | 4,603,258 | -1,778,224 | 3,086,000 | 6,221,227 | -596,456 | -43,000 | -110,000 | 104,811 | -144,005 |
| cash and cash equivalents | ||||||||||||
| cash | -609,000 | -235,000 | -317,000 | 1,043,326 | -1,289,129 | 38,714 | 1,449,636 | 725,927 | 115,819 | 56,012 | 21,681 | 359,014 |
| overdraft | ||||||||||||
| change in cash | -609,000 | -235,000 | -317,000 | 1,043,326 | -1,289,129 | 38,714 | 1,449,636 | 725,927 | 115,819 | 56,012 | 21,681 | 359,014 |
the spring partnership trust Credit Report and Business Information
The Spring Partnership Trust Competitor Analysis
Perform a competitor analysis for the spring partnership trust by selecting its closest rivals, whether from the EDUCATION sector, other mid companies, companies in SE9 area or any other competitors across 12 key performance metrics.
the spring partnership trust Ownership
THE SPRING PARTNERSHIP TRUST group structure
The Spring Partnership Trust has no subsidiary companies.
Ultimate parent company
THE SPRING PARTNERSHIP TRUST
07656245
the spring partnership trust directors
The Spring Partnership Trust currently has 12 directors. The longest serving directors include Mr John Cliff (Dec 2016) and Mr Ralph Barlow (Apr 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Cliff | England | 72 years | Dec 2016 | - | Director |
| Mr Ralph Barlow | England | 52 years | Apr 2019 | - | Director |
| Mrs Olubunmi Brookman | England | 55 years | Dec 2020 | - | Director |
| Ms Wendy Cartwright | England | 63 years | Nov 2021 | - | Director |
| Mr Daniel Terry | England | 48 years | Nov 2021 | - | Director |
| Mrs Corinne Sheehan | England | 53 years | May 2022 | - | Director |
| Mr Michael Ellis | England | 29 years | Mar 2023 | - | Director |
| Mr Brian James | England | 61 years | Jul 2023 | - | Director |
| Mr Douglas Steevens | England | 44 years | Jun 2024 | - | Director |
| Ms Evangeline Dolega-Ossowski | England | 28 years | Jun 2024 | - | Director |
P&L
August 2023turnover
14.6m
+9%
operating profit
-666.7k
0%
gross margin
45.4%
+0.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
25.1m
-0.01%
total assets
27.3m
+0.02%
cash
1.4m
-0.31%
net assets
Total assets minus all liabilities
Similar Companies
the spring partnership trust company details
company number
07656245
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85200 - Primary education
incorporation date
June 2011
age
14
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
August 2023
previous names
hps mat (May 2015)
hayes primary school (October 2014)
accountant
-
auditor
UHY KENT LLP
address
the spring partnership trust, elmstead wood primary school, mottingham, london, SE9 4AT
Bank
LLOYDS TSB BANK PLC
Legal Advisor
VEALE WASBROUGH VIZARDS LLP
the spring partnership 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 the spring partnership trust.
the spring partnership 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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the spring partnership trust Companies House Filings - See Documents
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