parmiter's school
parmiter's school Company Information
Company Number
07662765
Registered Address
parmiter''s school, high elms lane, watford, WD25 0UU
Industry
General secondary education
Telephone
01923665756
Next Accounts Due
May 2025
Group Structure
View All
Shareholders
-0%
parmiter's school Estimated Valuation
Pomanda estimates the enterprise value of PARMITER'S SCHOOL at £10.3m based on a Turnover of £13.1m and 0.78x industry multiple (adjusted for size and gross margin).
parmiter's school Estimated Valuation
Pomanda estimates the enterprise value of PARMITER'S SCHOOL at £11.9m based on an EBITDA of £2.2m and a 5.47x industry multiple (adjusted for size and gross margin).
parmiter's school Estimated Valuation
Pomanda estimates the enterprise value of PARMITER'S SCHOOL at £12.2m based on Net Assets of £8m and 1.54x industry multiple (adjusted for liquidity).
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Parmiter's School Overview
Parmiter's School is a live company located in watford, WD25 0UU with a Companies House number of 07662765. It operates in the general secondary education sector, SIC Code 85310. Founded in June 2011, it's largest shareholder is unknown. Parmiter's School is a established, mid sized company, Pomanda has estimated its turnover at £13.1m with healthy growth in recent years.
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Parmiter's School Health Check
Pomanda's financial health check has awarded Parmiter'S School a 4 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
4 Strong
4 Regular
3 Weak
Size
annual sales of £13.1m, make it larger than the average company (£8.8m)
£13.1m - Parmiter's School
£8.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (6.4%)
12% - Parmiter's School
6.4% - Industry AVG
Production
with a gross margin of 51.9%, this company has a comparable cost of product (51.9%)
51.9% - Parmiter's School
51.9% - Industry AVG
Profitability
an operating margin of 14.6% make it more profitable than the average company (6.3%)
14.6% - Parmiter's School
6.3% - Industry AVG
Employees
with 210 employees, this is above the industry average (148)
210 - Parmiter's School
148 - Industry AVG
Pay Structure
on an average salary of £38.8k, the company has an equivalent pay structure (£41.6k)
£38.8k - Parmiter's School
£41.6k - Industry AVG
Efficiency
resulting in sales per employee of £62.6k, this is equally as efficient (£58.3k)
£62.6k - Parmiter's School
£58.3k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is later than average (0 days)
1 days - Parmiter's School
0 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is close to average (21 days)
22 days - Parmiter's School
21 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Parmiter's School
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 37 weeks, this is less cash available to meet short term requirements (102 weeks)
37 weeks - Parmiter's School
102 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 19.1%, this is a higher level of debt than the average (8.4%)
19.1% - Parmiter's School
8.4% - Industry AVG
PARMITER'S SCHOOL financials
Parmiter'S School's latest turnover from August 2023 is £13.1 million and the company has net assets of £8 million. According to their latest financial statements, Parmiter'S School has 210 employees and maintains cash reserves of £901.4 thousand 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 | 13,145,418 | 10,698,313 | 10,021,605 | 9,295,029 | 13,752,629 | 9,270,566 | 9,332,822 | 8,853,978 | 8,721,873 | 8,594,705 | 7,541,547 | 9,865,000 |
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | ||||||||||||
| Gross Profit | ||||||||||||
| Admin Expenses | ||||||||||||
| Operating Profit | ||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 122,000 | 105,000 | 109,000 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 83,000 | 0 | 84,000 | 0 | 0 |
| Pre-Tax Profit | 1,474,784 | -223,557 | 49,576 | -337,312 | 4,067,421 | -202,955 | 141,190 | -262,690 | 37,523 | 63,659 | 187,009 | 499,000 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 1,474,784 | -223,557 | 49,576 | -337,312 | 4,067,421 | -202,955 | 141,190 | -262,690 | 37,523 | 63,659 | 187,009 | 499,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 1,474,784 | -223,557 | 49,576 | -337,312 | 4,067,421 | -202,955 | 141,190 | -262,690 | 37,523 | 63,659 | 187,009 | 499,000 |
| Employee Costs | 8,154,551 | 7,995,775 | 7,839,225 | 7,395,460 | 6,872,761 | 6,724,333 | 6,717,735 | 6,532,025 | 6,348,245 | 6,031,793 | 5,607,067 | 7,027,000 |
| Number Of Employees | 210 | 237 | 233 | 196 | 209 | 194 | 206 | 220 | 206 | 150 | 137 | 191 |
| 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 | 7,143,606 | 6,707,915 | 6,363,218 | 2,939,006 | 2,336,303 | 2,293,131 | 2,233,902 | 1,799,154 | 1,739,392 | 10,356,997 | 1,307,152 | 1,003,000 |
| 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) | 2,340 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 7,145,946 | 6,707,915 | 6,363,218 | 2,939,006 | 2,336,303 | 2,293,131 | 2,233,902 | 1,799,154 | 1,739,392 | 10,356,997 | 1,307,152 | 1,003,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 47,106 | 29,760 | 15,232 | 4,211 | 31,297 | 44,000 | 6,332 | 1,617 | 2,620 | 16,453 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,733,701 | 226,147 | 1,109,417 | 2,806,096 | 4,306,413 | 297,755 | 251,797 | 200,009 | 186,436 | 404,918 | 151,541 | 93,000 |
| Cash | 901,374 | 1,087,597 | 723,399 | 1,287,642 | 109,686 | 33,955 | 213,267 | 235,587 | 449,822 | 577,801 | 345,349 | 286,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,682,181 | 1,343,504 | 1,848,048 | 4,097,949 | 4,447,396 | 375,710 | 471,396 | 437,213 | 638,878 | 999,172 | 496,890 | 379,000 |
| total assets | 9,828,127 | 8,051,419 | 8,211,266 | 7,036,955 | 6,783,699 | 2,668,841 | 2,705,298 | 2,236,367 | 2,378,270 | 11,356,169 | 1,804,042 | 1,382,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,225 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 386,037 | 188,234 | 516,376 | 211,173 | 110,960 | 140,075 | 273,729 | 168,196 | 110,120 | 378,014 | 87,756 | 98,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 58,917 | 61,682 | 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 | 872,663 | 870,542 | 1,025,690 | 573,158 | 446,803 | 465,251 | 410,099 | 401,891 | 420,180 | 457,409 | 206,202 | 73,000 |
| total current liabilities | 1,258,700 | 1,058,776 | 1,542,066 | 784,331 | 557,763 | 605,326 | 683,828 | 570,087 | 530,300 | 898,565 | 355,640 | 171,000 |
| 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 | 618,000 | 376,000 | 3,964,000 | 2,678,000 | 2,134,000 | 1,331,000 | 1,524,000 | 1,943,000 | 1,020,000 | 945,000 | 931,000 | 930,000 |
| total liabilities | 1,876,700 | 1,434,776 | 5,506,066 | 3,462,331 | 2,691,763 | 1,936,326 | 2,207,828 | 2,513,087 | 1,550,300 | 1,843,565 | 1,286,640 | 1,101,000 |
| net assets | 7,951,427 | 6,616,643 | 2,705,200 | 3,574,624 | 4,091,936 | 732,515 | 497,470 | -276,720 | 827,970 | 9,512,604 | 517,402 | 281,000 |
| total shareholders funds | 7,951,427 | 6,616,643 | 2,705,200 | 3,574,624 | 4,091,936 | 732,515 | 497,470 | -276,720 | 827,970 | 9,512,604 | 517,402 | 281,000 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 258,825 | 248,130 | 257,021 | 180,318 | 107,979 | 113,139 | 92,024 | 82,029 | 234,842 | 214,770 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,527,240 | -868,742 | -1,685,658 | -1,527,403 | 3,995,955 | 83,626 | 56,503 | 12,570 | -232,315 | 269,830 | 58,541 | 93,000 |
| Creditors | 197,803 | -328,142 | 305,203 | 100,213 | -29,115 | -133,654 | 105,533 | 58,076 | -267,894 | 290,258 | -10,244 | 98,000 |
| Accruals and Deferred Income | 2,121 | -155,148 | 452,532 | 126,355 | -18,448 | 55,152 | 8,208 | -18,289 | -37,229 | 251,207 | 133,202 | 73,000 |
| 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 | -84,269 | -6,012 | -141,791 | 35,252 | -347,762 | -331,000 | -46,000 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | -84,269 | -6,012 | -141,791 | 35,252 | -347,762 | -331,000 | -46,000 |
| 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 | -58,917 | -2,765 | 61,682 | 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 | -39,000 | -105,000 | -25,000 | 0 | 0 |
| cash flow from financing | -140,000 | 4,135,000 | -919,000 | -180,000 | -708,000 | 438,000 | 633,000 | -881,000 | -8,886,074 | 8,903,778 | 111,075 | -218,000 |
| cash and cash equivalents | ||||||||||||
| cash | -186,223 | 364,198 | -564,243 | 1,177,956 | 75,731 | -179,312 | -22,320 | -214,235 | -127,979 | 232,452 | 59,349 | 286,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4,225 | 4,225 | 0 | 0 |
| change in cash | -186,223 | 364,198 | -564,243 | 1,177,956 | 75,731 | -179,312 | -22,320 | -214,235 | -123,754 | 228,227 | 59,349 | 286,000 |
parmiter's school Credit Report and Business Information
Parmiter's School Competitor Analysis
Perform a competitor analysis for parmiter's school by selecting its closest rivals, whether from the EDUCATION sector, other mid companies, companies in WD25 area or any other competitors across 12 key performance metrics.
parmiter's school Ownership
PARMITER'S SCHOOL group structure
Parmiter'S School has no subsidiary companies.
Ultimate parent company
PARMITER'S SCHOOL
07662765
parmiter's school directors
Parmiter'S School currently has 16 directors. The longest serving directors include Mrs. Cynthia Farrelly (Jul 2011) and Mr Laurence Pilgrim (Jul 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs. Cynthia Farrelly | 68 years | Jul 2011 | - | Director | |
| Mr Laurence Pilgrim | United Kingdom | 67 years | Jul 2011 | - | Director |
| Mr Christopher Partridge | United Kingdom | 77 years | Jul 2011 | - | Director |
| Ms Annabel Heathcote | United Kingdom | 57 years | Jul 2011 | - | Director |
| Mr Andrew O'Brien | England | 57 years | Jul 2011 | - | Director |
| Mr Michael Jones | United Kingdom | 61 years | Apr 2018 | - | Director |
| Dr Richard Booth | 41 years | Jun 2018 | - | Director | |
| Mr Gordon Wilson | 54 years | Oct 2018 | - | Director | |
| Mrs Joanne Occleshaw | 55 years | Feb 2020 | - | Director | |
| Dr Ben Pilgrim | 37 years | Feb 2021 | - | Director |
P&L
August 2023turnover
13.1m
+23%
operating profit
1.9m
0%
gross margin
52%
+5.53%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
8m
+0.2%
total assets
9.8m
+0.22%
cash
901.4k
-0.17%
net assets
Total assets minus all liabilities
parmiter's school company details
company number
07662765
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85310 - General secondary education
incorporation date
June 2011
age
13
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
N/A
last accounts submitted
August 2023
address
parmiter''s school, high elms lane, watford, WD25 0UU
accountant
-
auditor
HILLIER HOPKINS LLP
parmiter's 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 parmiter's school.
parmiter's school Companies House Filings - See Documents
| date | description | view/download |
|---|
