future directions cic
future directions cic Company Information
Company Number
08041420
Next Accounts
Dec 2025
Shareholders
janet leighton
alan jefferson
View AllGroup Structure
View All
Industry
Other human health activities
Registered Address
marle house, broadway business park, oldham, lancashire, OL9 9XA
future directions cic Estimated Valuation
Pomanda estimates the enterprise value of FUTURE DIRECTIONS CIC at £17.7m based on a Turnover of £28.9m and 0.61x industry multiple (adjusted for size and gross margin).
future directions cic Estimated Valuation
Pomanda estimates the enterprise value of FUTURE DIRECTIONS CIC at £4.6m based on an EBITDA of £978.8k and a 4.72x industry multiple (adjusted for size and gross margin).
future directions cic Estimated Valuation
Pomanda estimates the enterprise value of FUTURE DIRECTIONS CIC at £8.9m based on Net Assets of £3.8m and 2.35x industry multiple (adjusted for liquidity).
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Future Directions Cic Overview
Future Directions Cic is a live company located in oldham, OL9 9XA with a Companies House number of 08041420. It operates in the other human health activities sector, SIC Code 86900. Founded in April 2012, it's largest shareholder is janet leighton with a 14.3% stake. Future Directions Cic is a established, large sized company, Pomanda has estimated its turnover at £28.9m with healthy growth in recent years.
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Future Directions Cic Health Check
Pomanda's financial health check has awarded Future Directions Cic a 2 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £28.9m, make it larger than the average company (£728.4k)
£28.9m - Future Directions Cic
£728.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (7.2%)
9% - Future Directions Cic
7.2% - Industry AVG
Production
with a gross margin of 15.1%, this company has a higher cost of product (38.6%)
15.1% - Future Directions Cic
38.6% - Industry AVG
Profitability
an operating margin of 3.3% make it less profitable than the average company (5.2%)
3.3% - Future Directions Cic
5.2% - Industry AVG
Employees
with 988 employees, this is above the industry average (18)
988 - Future Directions Cic
18 - Industry AVG
Pay Structure
on an average salary of £24.2k, the company has an equivalent pay structure (£26.5k)
£24.2k - Future Directions Cic
£26.5k - Industry AVG
Efficiency
resulting in sales per employee of £29.2k, this is less efficient (£45.8k)
£29.2k - Future Directions Cic
£45.8k - Industry AVG
Debtor Days
it gets paid by customers after 31 days, this is later than average (20 days)
31 days - Future Directions Cic
20 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is slower than average (18 days)
22 days - Future Directions Cic
18 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Future Directions Cic
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 58 weeks, this is less cash available to meet short term requirements (126 weeks)
58 weeks - Future Directions Cic
126 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.7%, this is a higher level of debt than the average (22.4%)
61.7% - Future Directions Cic
22.4% - Industry AVG
FUTURE DIRECTIONS CIC financials
Future Directions Cic's latest turnover from March 2024 is £28.9 million and the company has net assets of £3.8 million. According to their latest financial statements, Future Directions Cic has 988 employees and maintains cash reserves of £6.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 28,881,011 | 26,621,239 | 24,497,222 | 22,344,935 | 21,218,859 | 19,714,885 | 19,083,583 | 17,214,454 | 13,296,755 | 12,449,942 | 12,602,315 | 3,985,973 |
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | 24,525,609 | 22,427,158 | 20,521,738 | 19,106,707 | 18,821,379 | 17,654,212 | 16,825,556 | 15,493,423 | 11,411,894 | 10,624,678 | 11,088,762 | 4,004,691 |
| Gross Profit | 4,355,402 | 4,194,081 | 3,975,484 | 3,238,228 | 2,397,480 | 2,060,673 | 2,258,027 | 1,721,031 | 1,884,861 | 1,825,264 | 1,513,553 | -18,718 |
| Admin Expenses | 3,415,025 | 3,265,911 | 3,019,955 | 1,785,451 | 2,166,316 | 1,876,955 | 1,949,240 | 1,644,539 | 1,656,234 | 1,768,198 | 1,662,671 | 225,038 |
| Operating Profit | 940,377 | 928,170 | 955,529 | 1,452,777 | 231,164 | 183,718 | 308,787 | 76,492 | 228,627 | 57,066 | -149,118 | -243,756 |
| Interest Payable | 8,619 | 10,027 | 3,822 | 4,000 | 8,007 | 14,125 | 27,167 | 38,958 | 43,083 | 60,000 | 35,000 | |
| Interest Receivable | 43,804 | 3,260 | 10 | |||||||||
| Pre-Tax Profit | 984,181 | 922,811 | 945,502 | 1,448,955 | 227,164 | 175,711 | 294,662 | 49,335 | 189,669 | 13,983 | -209,118 | -278,756 |
| Tax | -246,790 | -177,844 | -165,915 | -278,026 | -33,902 | -48,958 | -51,195 | 26,462 | ||||
| Profit After Tax | 737,391 | 744,967 | 779,587 | 1,170,929 | 193,262 | 126,753 | 243,467 | 75,797 | 189,669 | 13,983 | -209,118 | -278,756 |
| Dividends Paid | ||||||||||||
| Retained Profit | 737,391 | 744,967 | 779,587 | 1,170,929 | 193,262 | 126,753 | 243,467 | 75,797 | 189,669 | 13,983 | -209,118 | -278,756 |
| Employee Costs | 23,907,436 | 21,404,231 | 20,781,731 | 19,409,530 | 17,637,882 | 16,162,886 | 15,405,574 | 14,285,782 | 11,000,992 | 11,059,431 | 11,321,158 | 3,791,838 |
| Number Of Employees | 988 | 959 | 925 | 866 | 801 | 758 | 739 | 599 | 657 | 475 | 445 | 250 |
| EBITDA* | 978,842 | 976,095 | 1,003,808 | 1,499,798 | 284,672 | 234,054 | 354,259 | 119,435 | 259,176 | 59,452 | -148,275 | -243,756 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 113,585 | 128,237 | 176,163 | 212,664 | 204,367 | 225,926 | 211,729 | 242,009 | 207,133 | 164,972 | 10,322 | |
| Intangible Assets | 526 | 11,599 | 23,900 | 35,880 | 49,856 | 49,231 | 5,700 | |||||
| Investments & Other | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||
| Total Fixed Assets | 113,585 | 128,237 | 176,163 | 212,664 | 204,893 | 237,525 | 235,629 | 277,889 | 256,989 | 214,203 | 16,022 | |
| Stock & work in progress | ||||||||||||
| Trade Debtors | 2,481,346 | 1,917,710 | 2,753,412 | 1,431,673 | 2,097,605 | 1,256,502 | 836,152 | 580,531 | 863,202 | 791,202 | 554,601 | 166,935 |
| Group Debtors | 225,685 | 97,000 | ||||||||||
| Misc Debtors | 439,184 | 251,794 | 196,811 | 549,948 | 582,218 | 173,437 | 195,387 | 295,744 | 192,070 | 125,911 | 149,417 | 566,281 |
| Cash | 6,854,372 | 6,190,581 | 4,051,993 | 2,375,615 | 841,065 | 1,174,328 | 986,764 | 198,675 | 555,913 | 790,938 | 992,047 | 334,878 |
| misc current assets | ||||||||||||
| total current assets | 9,774,902 | 8,360,085 | 7,002,216 | 4,357,236 | 3,520,888 | 2,604,267 | 2,018,303 | 1,074,950 | 1,611,185 | 1,708,051 | 1,921,750 | 1,165,094 |
| total assets | 9,888,487 | 8,488,322 | 7,178,379 | 4,569,900 | 3,725,781 | 2,841,792 | 2,253,932 | 1,352,839 | 1,868,174 | 1,922,254 | 1,937,772 | 1,165,094 |
| Bank overdraft | ||||||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 1,534,032 | 1,152,027 | 753,577 | 360,452 | 513,411 | 404,832 | 389,180 | 412,704 | 408,297 | 240,598 | 100,712 | |
| Group/Directors Accounts | 283,070 | 1,130,022 | 448,464 | |||||||||
| other short term finances | 100,000 | 100,000 | 400,000 | 200,000 | 200,000 | |||||||
| hp & lease commitments | ||||||||||||
| other current liabilities | 4,566,517 | 4,278,923 | 4,112,396 | 2,561,063 | 2,757,306 | 2,175,158 | 1,604,970 | 748,554 | 1,144,093 | 772,476 | 594,911 | 395,386 |
| total current liabilities | 6,100,549 | 5,430,950 | 4,865,973 | 3,021,515 | 3,370,717 | 2,579,990 | 1,994,150 | 1,561,258 | 1,752,390 | 1,496,144 | 1,825,645 | 843,850 |
| loans | 100,000 | 200,000 | 400,000 | 900,000 | 600,000 | 600,000 | ||||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | ||||||||||||
| provisions | 6,826 | 6,826 | 22,392 | 24,733 | ||||||||
| total long term liabilities | 6,826 | 6,826 | 22,392 | 100,000 | 224,733 | 400,000 | 900,000 | 600,000 | 600,000 | |||
| total liabilities | 6,100,549 | 5,437,776 | 4,872,799 | 3,043,907 | 3,370,717 | 2,679,990 | 2,218,883 | 1,561,258 | 2,152,390 | 2,396,144 | 2,425,645 | 1,443,850 |
| net assets | 3,787,938 | 3,050,546 | 2,305,580 | 1,525,993 | 355,064 | 161,802 | 35,049 | -208,419 | -284,216 | -473,890 | -487,873 | -278,756 |
| total shareholders funds | 3,787,938 | 3,050,546 | 2,305,580 | 1,525,993 | 355,064 | 161,802 | 35,049 | -208,419 | -284,216 | -473,890 | -487,873 | -278,756 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 940,377 | 928,170 | 955,529 | 1,452,777 | 231,164 | 183,718 | 308,787 | 76,492 | 228,627 | 57,066 | -149,118 | -243,756 |
| Depreciation | 38,465 | 47,925 | 48,279 | 46,495 | 42,435 | 38,035 | 33,492 | 28,967 | 18,479 | 2,386 | 843 | |
| Amortisation | 526 | 11,073 | 12,301 | 11,980 | 13,976 | 12,070 | ||||||
| Tax | -246,790 | -177,844 | -165,915 | -278,026 | -33,902 | -48,958 | -51,195 | 26,462 | ||||
| Stock | ||||||||||||
| Debtors | 751,026 | -780,719 | 968,602 | -698,202 | 1,249,884 | 398,400 | 155,264 | -178,997 | 138,159 | -12,590 | 99,487 | 830,216 |
| Creditors | 382,005 | 398,450 | 393,125 | -152,959 | 108,579 | 15,652 | -23,524 | 4,407 | 167,699 | 139,886 | 100,712 | |
| Accruals and Deferred Income | 287,594 | 166,527 | 1,551,333 | -196,243 | 582,148 | 570,188 | 856,416 | -395,539 | 371,617 | 177,565 | 199,525 | 395,386 |
| Deferred Taxes & Provisions | -6,826 | -15,566 | 22,392 | -24,733 | 24,733 | |||||||
| Cash flow from operations | 643,799 | 2,143,947 | 1,798,183 | 1,593,164 | -308,387 | 347,803 | 1,005,425 | -66,238 | 660,333 | 389,493 | 52,475 | -678,586 |
| Investing Activities | ||||||||||||
| capital expenditure | -52,232 | -3,212 | -63,843 | -73,335 | -200,567 | -16,865 | ||||||
| Change in Investments | ||||||||||||
| cash flow from investments | -52,232 | -3,212 | -63,843 | -73,335 | -200,567 | -16,865 | ||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | -283,070 | -846,952 | 681,558 | 448,464 | ||||||||
| Other Short Term Loans | -100,000 | 100,000 | -400,000 | 200,000 | 200,000 | |||||||
| Long term loans | -100,000 | -100,000 | 200,000 | -400,000 | -500,000 | 300,000 | 600,000 | |||||
| Hire Purchase and Lease Commitments | ||||||||||||
| other long term liabilities | ||||||||||||
| share issue | ||||||||||||
| interest | 43,804 | -5,359 | -10,027 | -3,822 | -4,000 | -8,007 | -14,125 | -27,157 | -38,958 | -43,083 | -60,000 | -35,000 |
| cash flow from financing | 43,805 | -5,360 | -110,027 | -3,822 | -4,000 | -108,007 | -214,124 | -227,157 | -822,023 | -390,035 | 621,559 | 1,013,464 |
| cash and cash equivalents | ||||||||||||
| cash | 663,791 | 2,138,588 | 1,676,378 | 1,534,550 | -333,263 | 187,564 | 788,089 | -357,238 | -235,025 | -201,109 | 657,169 | 334,878 |
| overdraft | ||||||||||||
| change in cash | 663,791 | 2,138,588 | 1,676,378 | 1,534,550 | -333,263 | 187,564 | 788,089 | -357,238 | -235,025 | -201,109 | 657,169 | 334,878 |
future directions cic Credit Report and Business Information
Future Directions Cic Competitor Analysis
Perform a competitor analysis for future directions cic by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other large companies, companies in OL9 area or any other competitors across 12 key performance metrics.
future directions cic Ownership
FUTURE DIRECTIONS CIC group structure
Future Directions Cic has no subsidiary companies.
Ultimate parent company
FUTURE DIRECTIONS CIC
08041420
future directions cic directors
Future Directions Cic currently has 6 directors. The longest serving directors include Mr Alan Jefferson (Apr 2012) and Ms Paula Braynion (Apr 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alan Jefferson | England | 74 years | Apr 2012 | - | Director |
| Ms Paula Braynion | England | 50 years | Apr 2012 | - | Director |
| Mr Andrew Alcock | 65 years | Mar 2016 | - | Director | |
| Mrs Josie Hall | 53 years | Jul 2021 | - | Director | |
| Mr Ian Mather | 48 years | Sep 2023 | - | Director | |
| Mrs Janet Leighton | 59 years | Nov 2023 | - | Director |
P&L
March 2024turnover
28.9m
+8%
operating profit
940.4k
+1%
gross margin
15.1%
-4.28%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
3.8m
+0.24%
total assets
9.9m
+0.16%
cash
6.9m
+0.11%
net assets
Total assets minus all liabilities
future directions cic company details
company number
08041420
Type
Private limited with Share Capital
industry
86900 - Other human health activities
incorporation date
April 2012
age
13
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
BEEVER & STRUTHERS
address
marle house, broadway business park, oldham, lancashire, OL9 9XA
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
HEMPSONS
future directions cic 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 future directions cic.
future directions cic 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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future directions cic Companies House Filings - See Documents
| date | description | view/download |
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