flying high trust
flying high trust Company Information
Company Number
08076374
Registered Address
2a vickery way, chilwell, nottingham, nottinghamshire, NG9 6RY
Industry
Primary education
Telephone
01159892284
Next Accounts Due
May 2025
Group Structure
View All
Shareholders
-0%
flying high trust Estimated Valuation
Pomanda estimates the enterprise value of FLYING HIGH TRUST at £82.1m based on a Turnover of £53.5m and 1.53x industry multiple (adjusted for size and gross margin).
flying high trust Estimated Valuation
Pomanda estimates the enterprise value of FLYING HIGH TRUST at £0 based on an EBITDA of £-2.4m and a 15.54x industry multiple (adjusted for size and gross margin).
flying high trust Estimated Valuation
Pomanda estimates the enterprise value of FLYING HIGH TRUST at £156.7m based on Net Assets of £84.5m and 1.85x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Flying High Trust Overview
Flying High Trust is a live company located in nottingham, NG9 6RY with a Companies House number of 08076374. It operates in the primary education sector, SIC Code 85200. Founded in May 2012, it's largest shareholder is unknown. Flying High Trust is a established, large sized company, Pomanda has estimated its turnover at £53.5m with healthy growth in recent years.
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Flying High Trust Health Check
Pomanda's financial health check has awarded Flying High Trust a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £53.5m, make it larger than the average company (£4.1m)
£53.5m - Flying High Trust
£4.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (5.6%)
7% - Flying High Trust
5.6% - Industry AVG
Production
with a gross margin of 41%, this company has a comparable cost of product (41%)
41% - Flying High Trust
41% - Industry AVG
Profitability
an operating margin of -4.8% make it less profitable than the average company (5.4%)
-4.8% - Flying High Trust
5.4% - Industry AVG
Employees
with 1230 employees, this is above the industry average (91)
1230 - Flying High Trust
91 - Industry AVG
Pay Structure
on an average salary of £33.8k, the company has an equivalent pay structure (£33.1k)
£33.8k - Flying High Trust
£33.1k - Industry AVG
Efficiency
resulting in sales per employee of £43.5k, this is equally as efficient (£45.4k)
£43.5k - Flying High Trust
£45.4k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is later than average (1 days)
1 days - Flying High Trust
1 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (19 days)
10 days - Flying High Trust
19 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Flying High Trust
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 65 weeks, this is less cash available to meet short term requirements (100 weeks)
65 weeks - Flying High Trust
100 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 9.9%, this is a lower level of debt than the average (11.1%)
9.9% - Flying High Trust
11.1% - Industry AVG
FLYING HIGH TRUST financials
Flying High Trust's latest turnover from August 2023 is £53.5 million and the company has net assets of £84.5 million. According to their latest financial statements, Flying High Trust has 1,230 employees and maintains cash reserves of £6.4 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 53,486,032 | 54,664,611 | 51,411,403 | 43,605,393 | 43,557,952 | 36,285,681 | 35,807,825 | 26,377,730 | 11,244,888 | 12,010,535 | 11,402,941 |
| 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 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -2,188,301 | 203,973 | 4,802,827 | 3,563,386 | 7,469,019 | 5,079,362 | 11,603,204 | 10,569,864 | 2,237,015 | 5,716,622 | 8,659,379 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -2,188,301 | 203,973 | 4,802,827 | 3,563,386 | 7,469,019 | 5,079,362 | 11,603,204 | 10,569,864 | 2,237,015 | 5,716,622 | 8,659,379 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -2,188,301 | 203,973 | 4,802,827 | 3,563,386 | 7,469,019 | 5,079,362 | 11,603,204 | 10,569,864 | 2,237,015 | 5,716,622 | 8,659,379 |
| Employee Costs | 41,542,905 | 41,441,271 | 36,229,020 | 31,214,759 | 26,517,581 | 22,988,924 | 18,063,246 | 11,543,900 | 6,522,635 | 4,602,446 | 2,109,546 |
| Number Of Employees | 1,230 | 1,200 | 1,134 | 1,057 | 1,024 | 949 | 775 | 519 | 283 | 144 | 76 |
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 82,442,117 | 82,336,617 | 76,698,474 | 68,456,495 | 63,384,889 | 52,908,045 | 45,854,791 | 29,661,880 | 17,982,840 | 15,702,017 | 8,902,995 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 82,442,117 | 82,336,617 | 76,698,474 | 68,456,495 | 63,384,889 | 52,908,045 | 45,854,791 | 29,661,881 | 17,982,841 | 15,702,017 | 8,902,995 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 249,479 | 135,996 | 112,798 | 228,715 | 260,148 | 148,316 | 44,693 | 145,564 | 119,717 | 26,690 | 34,768 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 4,653,340 | 3,631,759 | 2,042,127 | 3,486,985 | 2,836,236 | 2,738,986 | 1,624,309 | 741,816 | 257,004 | 251,159 | 94,798 |
| Cash | 6,423,709 | 8,606,607 | 10,280,232 | 6,683,114 | 5,186,014 | 3,947,663 | 3,712,418 | 2,540,112 | 1,121,173 | 1,034,689 | 427,782 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 11,326,528 | 12,374,362 | 12,435,157 | 10,398,814 | 8,282,398 | 6,834,965 | 5,381,420 | 3,427,492 | 1,497,894 | 1,312,538 | 557,348 |
| total assets | 93,768,645 | 94,710,979 | 89,133,631 | 78,855,309 | 71,667,287 | 59,743,010 | 51,236,211 | 33,089,373 | 19,480,735 | 17,014,555 | 9,460,343 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 895,135 | 1,497,287 | 1,443,153 | 1,041,321 | 887,923 | 622,004 | 440,778 | 351,051 | 132,708 | 132,473 | 440 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 |
| other short term finances | 3,672 | 3,672 | 905 | 905 | 905 | 2,880 | 4,854 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 4,174,464 | 3,240,673 | 3,530,282 | 3,266,714 | 2,792,571 | 2,178,352 | 1,486,287 | 1,292,638 | 464,207 | 527,081 | 173,524 |
| total current liabilities | 5,073,271 | 4,741,632 | 4,974,340 | 4,308,940 | 3,681,399 | 2,803,236 | 1,931,919 | 1,643,690 | 596,916 | 659,554 | 173,964 |
| loans | 15,221 | 18,893 | 1,810 | 2,715 | 3,620 | 4,525 | 7,405 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 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 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 4,165,221 | 7,802,893 | 40,476,810 | 29,773,715 | 20,290,620 | 13,052,525 | 14,375,405 | 8,751,000 | 2,810,000 | 2,466,000 | 863,000 |
| total liabilities | 9,238,492 | 12,544,525 | 45,451,150 | 34,082,655 | 23,972,019 | 15,855,761 | 16,307,324 | 10,394,690 | 3,406,916 | 3,125,554 | 1,036,964 |
| net assets | 84,530,153 | 82,166,454 | 43,682,481 | 44,772,654 | 47,695,268 | 43,887,249 | 34,928,887 | 22,694,683 | 16,073,819 | 13,889,001 | 8,423,379 |
| total shareholders funds | 84,530,153 | 82,166,454 | 43,682,481 | 44,772,654 | 47,695,268 | 43,887,249 | 34,928,887 | 22,694,683 | 16,073,819 | 13,889,001 | 8,423,379 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 193,289 | 159,400 | 144,217 | 119,419 | 647,339 | 559,396 | 441,505 | 293,106 | 175,544 | 115,659 | 84,106 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,135,064 | 1,612,830 | -1,560,775 | 619,316 | 209,082 | 1,218,300 | 781,622 | 510,659 | 98,872 | 148,283 | 129,566 |
| Creditors | -602,152 | 54,134 | 401,832 | 153,398 | 265,919 | 181,226 | 89,727 | 218,343 | 235 | 132,033 | 440 |
| Accruals and Deferred Income | 933,791 | -289,609 | 263,568 | 474,143 | 614,219 | 692,065 | 193,649 | 828,431 | -62,874 | 353,557 | 173,524 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | 342,974 | 379,700 | 409,502 | -477,933 | -39,530 | -102,101 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 0 | 1 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | 342,974 | 379,701 | 409,502 | -477,934 | -39,530 | -102,101 |
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 0 | 1 | 0 | 0 |
| Other Short Term Loans | 0 | 2,767 | 0 | 0 | -1,975 | -1,974 | 4,854 | 0 | 0 | 0 | 0 |
| Long term loans | -3,672 | 17,083 | -905 | -905 | -905 | -2,880 | 7,405 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 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 |
| share issue | |||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 4,548,328 | 38,299,850 | -5,893,905 | -6,486,905 | -3,663,880 | 3,874,146 | 643,258 | -3,949,000 | -52,196 | -251,000 | -236,000 |
| cash and cash equivalents | |||||||||||
| cash | -2,182,898 | -1,673,625 | 3,597,118 | 1,497,100 | 1,238,351 | 235,245 | 1,172,306 | 1,418,939 | 86,484 | 606,907 | 427,782 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -2,182,898 | -1,673,625 | 3,597,118 | 1,497,100 | 1,238,351 | 235,245 | 1,172,306 | 1,418,939 | 86,484 | 606,907 | 427,782 |
flying high trust Credit Report and Business Information
Flying High Trust Competitor Analysis
Perform a competitor analysis for flying high trust by selecting its closest rivals and benchmarking them against 12 key performance metrics.
flying high trust Ownership
FLYING HIGH TRUST group structure
Flying High Trust has no subsidiary companies.
Ultimate parent company
FLYING HIGH TRUST
08076374
flying high trust directors
Flying High Trust currently has 8 directors. The longest serving directors include Mr Neil Robinson (May 2012) and Mr Christopher Wheatley (May 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Neil Robinson | United Kingdom | 63 years | May 2012 | - | Director |
| Mr Christopher Wheatley | England | 52 years | May 2012 | - | Director |
| Mr Paul Bennett | United Kingdom | 74 years | Mar 2015 | - | Director |
| Mr Jason Beaumont | England | 53 years | Apr 2015 | - | Director |
| Mr Stuart Hoult | England | 55 years | May 2019 | - | Director |
| Mr Richard Smith | United Kingdom | 56 years | Feb 2021 | - | Director |
| Ms Amba Griffin-Booth | United Kingdom | 32 years | Jan 2023 | - | Director |
| Mrs Anne Cruickshank | United Kingdom | 67 years | Jan 2023 | - | Director |
P&L
August 2023turnover
53.5m
-2%
operating profit
-2.6m
0%
gross margin
41%
+0.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
84.5m
+0.03%
total assets
93.8m
-0.01%
cash
6.4m
-0.25%
net assets
Total assets minus all liabilities
Similar Companies
flying high trust company details
company number
08076374
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85200 - Primary education
incorporation date
May 2012
age
12
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
2a vickery way, chilwell, nottingham, nottinghamshire, NG9 6RY
last accounts submitted
August 2023
flying high 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 flying high trust.
flying high trust Companies House Filings - See Documents
| date | description | view/download |
|---|
