fred longworth high school

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fred longworth high school Company Information

Share FRED LONGWORTH HIGH SCHOOL

Company Number

07733109

Shareholders

-

Group Structure

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Industry

General secondary education

 

Registered Address

fred longworth high school, printshop lane, manchester, M29 8JN

fred longworth high school Estimated Valuation

£42.9m

Pomanda estimates the enterprise value of FRED LONGWORTH HIGH SCHOOL at £42.9m based on a Turnover of £33m and 1.3x industry multiple (adjusted for size and gross margin).

fred longworth high school Estimated Valuation

£244.5m

Pomanda estimates the enterprise value of FRED LONGWORTH HIGH SCHOOL at £244.5m based on an EBITDA of £31.7m and a 7.72x industry multiple (adjusted for size and gross margin).

fred longworth high school Estimated Valuation

£92m

Pomanda estimates the enterprise value of FRED LONGWORTH HIGH SCHOOL at £92m based on Net Assets of £36.8m and 2.5x industry multiple (adjusted for liquidity).

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Fred Longworth High School Overview

Fred Longworth High School is a live company located in manchester, M29 8JN with a Companies House number of 07733109. It operates in the general secondary education sector, SIC Code 85310. Founded in August 2011, it's largest shareholder is unknown. Fred Longworth High School is a established, large sized company, Pomanda has estimated its turnover at £33m with rapid growth in recent years.

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Fred Longworth High School Health Check

Pomanda's financial health check has awarded Fred Longworth High School a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 0 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

5 Regular

positive_score

0 Weak

size

Size

annual sales of £33m, make it larger than the average company (£9.6m)

£33m - Fred Longworth High School

£9.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 44%, show it is growing at a faster rate (7.5%)

44% - Fred Longworth High School

7.5% - Industry AVG

production

Production

with a gross margin of 51.8%, this company has a comparable cost of product (51.8%)

51.8% - Fred Longworth High School

51.8% - Industry AVG

profitability

Profitability

an operating margin of 93.4% make it more profitable than the average company (6%)

93.4% - Fred Longworth High School

6% - Industry AVG

employees

Employees

with 148 employees, this is similar to the industry average (154)

148 - Fred Longworth High School

154 - Industry AVG

paystructure

Pay Structure

on an average salary of £50k, the company has an equivalent pay structure (£43.1k)

£50k - Fred Longworth High School

£43.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £222.8k, this is more efficient (£61.9k)

£222.8k - Fred Longworth High School

£61.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 0 days, this is near the average (0 days)

0 days - Fred Longworth High School

0 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Fred Longworth High School

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Fred Longworth High School

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 102 weeks, this is average cash available to meet short term requirements (97 weeks)

102 weeks - Fred Longworth High School

97 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 1.4%, this is a lower level of debt than the average (6.1%)

1.4% - Fred Longworth High School

6.1% - Industry AVG

FRED LONGWORTH HIGH SCHOOL financials

EXPORTms excel logo

Fred Longworth High School's latest turnover from August 2024 is £33 million and the company has net assets of £36.8 million. According to their latest financial statements, Fred Longworth High School has 148 employees and maintains cash reserves of £991 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2024Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012
Turnover32,973,0008,478,0008,174,00011,116,0007,800,0008,322,0008,019,0007,253,0007,557,0007,682,0007,463,0007,872,00018,757,000
Other Income Or Grants
Cost Of Sales15,878,5604,167,0574,229,9055,851,8004,136,1604,284,5614,107,3463,676,4973,885,8764,060,3593,996,6713,886,6889,252,457
Gross Profit17,094,4404,310,9433,944,0955,264,2003,663,8404,037,4393,911,6543,576,5033,671,1243,621,6413,466,3293,985,3129,504,543
Admin Expenses-13,709,1354,788,7834,427,4701,745,3554,018,9113,818,9164,069,6844,103,4944,115,7253,913,6533,661,8114,195,054-4,201,134
Operating Profit30,803,575-477,840-483,3753,518,845-355,071218,523-158,030-526,991-444,601-292,012-195,482-209,74213,705,677
Interest Payable
Interest Receivable
Pre-Tax Profit23,142,000-414,000-465,0002,851,000-354,000183,000-152,000-525,000-442,000-286,000-190,000-205,00010,418,000
Tax
Profit After Tax23,142,000-414,000-465,0002,851,000-354,000183,000-152,000-525,000-442,000-286,000-190,000-205,00010,418,000
Dividends Paid
Retained Profit23,142,000-414,000-465,0002,851,000-354,000183,000-152,000-525,000-442,000-286,000-190,000-205,00010,418,000
Employee Costs7,407,0006,868,0006,835,0006,564,0006,407,0006,062,0005,937,0006,019,0005,723,0005,736,0005,726,0005,649,0005,445,000
Number Of Employees148149150150152152154162163172153155152
EBITDA*31,664,575-107,840-153,3753,887,845-55,071496,52395,970-260,991-186,601-67,01253,518205,25814,099,677

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2024Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012
Tangible Assets36,139,00012,880,00012,915,00012,975,0009,905,0009,888,0009,521,0009,461,0009,701,0009,852,0009,987,00010,187,00010,395,000
Intangible Assets
Investments & Other48,000394,000
Debtors (Due After 1 year)
Total Fixed Assets36,139,00012,928,00013,309,00012,975,0009,905,0009,888,0009,521,0009,461,0009,701,0009,852,0009,987,00010,187,00010,395,000
Stock & work in progress
Trade Debtors52,00047,00032,00013,0002,0006,0004,0002,00010,0008,000
Group Debtors
Misc Debtors85,000113,000132,000799,000121,000136,000115,00099,000116,000146,00082,00065,00029,000
Cash991,0001,106,0001,326,000774,0001,042,0001,100,000874,000734,000859,0001,222,0001,183,0001,010,000887,000
misc current assets
total current assets1,128,0001,219,0001,505,0001,605,0001,163,0001,236,0001,002,000835,000981,0001,372,0001,267,0001,085,000924,000
total assets37,267,00014,147,00014,814,00014,580,00011,068,00011,124,00010,523,00010,296,00010,682,00011,224,00011,254,00011,272,00011,319,000
Bank overdraft
Bank loan
Trade Creditors 399,000159,000285,000138,00011,000
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities505,000412,000406,000270,000254,000207,000250,000308,000424,000645,000515,000402,000333,000
total current liabilities505,000412,000406,000669,000413,000492,000388,000308,000424,000645,000515,000413,000333,000
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities4,573,0003,383,0002,972,0001,445,0001,957,0003,110,0001,602,0001,503,000882,000891,000
total liabilities505,000412,000406,0005,242,0003,796,0003,464,0001,833,0002,265,0003,534,0002,247,0002,018,0001,295,0001,224,000
net assets36,762,00013,735,00014,408,0009,338,0007,272,0007,660,0008,690,0008,031,0007,148,0008,977,0009,236,0009,977,00010,095,000
total shareholders funds36,762,00013,735,00014,408,0009,338,0007,272,0007,660,0008,690,0008,031,0007,148,0008,977,0009,236,0009,977,00010,095,000
Aug 2024Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012
Operating Activities
Operating Profit30,803,575-477,840-483,3753,518,845-355,071218,523-158,030-526,991-444,601-292,012-195,482-209,74213,705,677
Depreciation861,000370,000330,000369,000300,000278,000254,000266,000258,000225,000249,000415,000394,000
Amortisation
Tax
Stock
Debtors24,000-66,000-652,000710,000-15,0008,00027,000-21,000-28,00066,0009,00038,00037,000
Creditors-399,000240,000-126,000147,000138,000-11,00011,000
Accruals and Deferred Income93,0006,000136,00016,00047,000-43,000-58,000-116,000-221,000130,000113,00069,000333,000
Deferred Taxes & Provisions
Cash flow from operations31,733,575-35,840235,6253,433,845-119,071592,523148,970-355,991-379,601-3,012146,518247,25814,395,677
Investing Activities
capital expenditure475,0001,000170,000159,000-23,000-18,000-417,000
Change in Investments-48,000-346,000394,000
cash flow from investments48,000346,000-394,000475,0001,000170,000159,000-23,000-18,000-417,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-115,000-259,0005,535,000-785,000-34,000-1,213,000811,0001,408,000-1,387,00027,000-551,00087,000-323,000
interest
cash flow from financing-115,000-259,0005,535,000-785,000-34,000-1,213,000811,0001,408,000-1,387,00027,000-551,00087,000-323,000
cash and cash equivalents
cash-115,000-220,000552,000-268,000-58,000226,000140,000-125,000-363,00039,000173,000123,000887,000
overdraft
change in cash-115,000-220,000552,000-268,000-58,000226,000140,000-125,000-363,00039,000173,000123,000887,000

fred longworth high 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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Fred Longworth High School Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for fred longworth high school by selecting its closest rivals, whether from the EDUCATION sector, other large companies, companies in M29 area or any other competitors across 12 key performance metrics.

fred longworth high school Ownership

FRED LONGWORTH HIGH SCHOOL group structure

Fred Longworth High School has no subsidiary companies.

Ultimate parent company

FRED LONGWORTH HIGH SCHOOL

07733109

FRED LONGWORTH HIGH SCHOOL Shareholders

--

fred longworth high school directors

Fred Longworth High School currently has 16 directors. The longest serving directors include Mr Samuel Quigley (Jan 2014) and Mr Andrew Wright (Mar 2016).

officercountryagestartendrole
Mr Samuel QuigleyUnited Kingdom49 years Jan 2014- Director
Mr Andrew Wright54 years Mar 2016- Director
Ms Tracy Lamb51 years May 2018- Director
Mr Mark Dunning62 years Sep 2019- Director
Mr Thomas McMahon51 years Oct 2019- Director
Mr David Aspden56 years Nov 2019- Director
Mr David Davies49 years Jan 2021- Director
Mr Paul WardEngland46 years Sep 2021- Director
Mr Sean Power61 years Sep 2021- Director
Mr Myles Hughes34 years Sep 2021- Director

P&L

August 2024

turnover

33m

+289%

operating profit

30.8m

0%

gross margin

51.9%

+1.96%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

August 2024

net assets

36.8m

+1.68%

total assets

37.3m

+1.63%

cash

991k

-0.1%

net assets

Total assets minus all liabilities

fred longworth high school company details

company number

07733109

Type

Private Limited by guarantee without Share Capital Exempt from using Limited

industry

85310 - General secondary education

incorporation date

August 2011

age

14

incorporated

UK

ultimate parent company

None

accounts

Full Accounts

last accounts submitted

August 2024

previous names

lateral academy trust (January 2021)

fred longworth high school (June 2016)

accountant

-

auditor

DJH AUDIT LIMITED

address

fred longworth high school, printshop lane, manchester, M29 8JN

Bank

LLOYDS TSB BANK PLC

Legal Advisor

JMW SOLICITORS LLP

fred longworth high 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 fred longworth high school.

fred longworth high school 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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fred longworth high school Companies House Filings - See Documents

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