new spring trust
new spring trust Company Information
Company Number
08155257
Registered Address
hales court stourbridge road, halesowen, B63 3TT
Industry
Other business support service activities n.e.c.
Telephone
01224481810
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
-0%
new spring trust Estimated Valuation
Pomanda estimates the enterprise value of NEW SPRING TRUST at £610.1k based on a Turnover of £1.5m and 0.42x industry multiple (adjusted for size and gross margin).
new spring trust Estimated Valuation
Pomanda estimates the enterprise value of NEW SPRING TRUST at £242.8k based on an EBITDA of £76k and a 3.2x industry multiple (adjusted for size and gross margin).
new spring trust Estimated Valuation
Pomanda estimates the enterprise value of NEW SPRING TRUST at £1.4m based on Net Assets of £542k and 2.57x industry multiple (adjusted for liquidity).
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New Spring Trust Overview
New Spring Trust is a live company located in halesowen, B63 3TT with a Companies House number of 08155257. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in July 2012, it's largest shareholder is unknown. New Spring Trust is a established, small sized company, Pomanda has estimated its turnover at £1.5m with rapid growth in recent years.
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New Spring Trust Health Check
Pomanda's financial health check has awarded New Spring Trust a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £1.5m, make it smaller than the average company (£3.6m)
- New Spring Trust
£3.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 200%, show it is growing at a faster rate (4.9%)
- New Spring Trust
4.9% - Industry AVG
Production
with a gross margin of 17.2%, this company has a higher cost of product (37.5%)
- New Spring Trust
37.5% - Industry AVG
Profitability
an operating margin of 5.2% make it as profitable than the average company (6.1%)
- New Spring Trust
6.1% - Industry AVG
Employees
with 5 employees, this is below the industry average (23)
- New Spring Trust
23 - Industry AVG
Pay Structure
on an average salary of £47.4k, the company has an equivalent pay structure (£47.4k)
- New Spring Trust
£47.4k - Industry AVG
Efficiency
resulting in sales per employee of £291.9k, this is more efficient (£151.6k)
- New Spring Trust
£151.6k - Industry AVG
Debtor Days
it gets paid by customers after 135 days, this is later than average (40 days)
- New Spring Trust
40 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (32 days)
- New Spring Trust
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- New Spring Trust
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - New Spring Trust
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.4%, this is a lower level of debt than the average (61.5%)
0.4% - New Spring Trust
61.5% - Industry AVG
NEW SPRING TRUST financials
New Spring Trust's latest turnover from July 2023 is estimated at £1.5 million and the company has net assets of £542 thousand. According to their latest financial statements, we estimate that New Spring Trust has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 23,235 | 53,827 | 90,925 | 103,840 | 102,697 | 107,454 | 66,414 | 145,305 | 231,256 | ||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | |||||||||||
| Gross Profit | |||||||||||
| Admin Expenses | |||||||||||
| Operating Profit | |||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Pre-Tax Profit | 9,258 | -6,366 | 27,968 | 43,876 | 44,107 | 40,575 | 5,568 | 106,823 | 188,847 | ||
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Profit After Tax | 9,258 | -6,366 | 27,968 | 43,876 | 44,107 | 40,575 | 5,568 | 106,823 | 188,847 | ||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Retained Profit | 9,258 | -6,366 | 27,968 | 43,876 | 44,107 | 40,575 | 5,568 | 106,823 | 188,847 | ||
| Employee Costs | |||||||||||
| Number Of Employees | 1 | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,125 | 1,125 | 1,125 | 1,125 | 0 | 0 | 70 | 206 | 341 | 476 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 1,715 | 2,085 | 2,475 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,125 | 1,125 | 1,125 | 1,125 | 1,715 | 2,085 | 2,545 | 206 | 341 | 476 | 0 |
| Stock & work in progress | 0 | 0 | 3,124 | 733 | 955 | 2,059 | 563 | 1,243 | 254 | 1,480 | 0 |
| Trade Debtors | 543,260 | 487,254 | 5,380 | 5,880 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 3,865 | 7,877 | 3,736 | 2,891 | 1,497 | 27,438 | 17,578 |
| Cash | 0 | 0 | 453,955 | 446,562 | 459,581 | 423,760 | 400,311 | 340,552 | 306,564 | 268,501 | 172,782 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 543,260 | 487,254 | 462,459 | 453,175 | 464,401 | 433,696 | 404,610 | 344,686 | 308,315 | 297,419 | 190,360 |
| total assets | 544,385 | 488,379 | 463,584 | 454,300 | 466,116 | 435,781 | 407,155 | 344,892 | 308,656 | 297,895 | 190,360 |
| 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 | 2,376 | 3,346 | 0 | 3,136 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 0 | 0 | 3,162 | 0 | 8,586 | 6,219 | 21,079 | 3,079 | 7,418 | 2,225 | 1,513 |
| total current liabilities | 2,376 | 3,346 | 3,162 | 3,136 | 8,586 | 6,219 | 21,079 | 3,079 | 7,418 | 2,225 | 1,513 |
| loans | 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 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 2,376 | 3,346 | 3,162 | 3,136 | 8,586 | 6,219 | 21,079 | 3,079 | 7,418 | 2,225 | 1,513 |
| net assets | 542,009 | 485,033 | 460,422 | 451,164 | 457,530 | 429,562 | 386,076 | 341,813 | 301,238 | 295,670 | 188,847 |
| total shareholders funds | 542,009 | 485,033 | 460,422 | 451,164 | 457,530 | 429,562 | 386,076 | 341,813 | 301,238 | 295,670 | 188,847 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 70 | 136 | 135 | 135 | 67 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Stock | 0 | -3,124 | 2,391 | -222 | -1,104 | 1,496 | -680 | 989 | -1,226 | 1,480 | 0 |
| Debtors | 56,006 | 481,874 | -500 | 2,015 | -4,012 | 4,141 | 845 | 1,394 | -25,941 | 9,860 | 17,578 |
| Creditors | -970 | 3,346 | -3,136 | 3,136 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | -3,162 | 3,162 | -8,586 | 2,367 | -14,860 | 18,000 | -4,339 | 5,193 | 712 | 1,513 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 0 | 0 | 0 | -1,715 | -370 | -390 | 2,475 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 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 |
| 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 | ||
| cash flow from financing | 0 | 0 | 0 | -390 | 156 | 0 | 0 | 0 | 0 | ||
| cash and cash equivalents | |||||||||||
| cash | 0 | -453,955 | 7,393 | -13,019 | 35,821 | 23,449 | 59,759 | 33,988 | 38,063 | 95,719 | 172,782 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | -453,955 | 7,393 | -13,019 | 35,821 | 23,449 | 59,759 | 33,988 | 38,063 | 95,719 | 172,782 |
new spring trust Credit Report and Business Information
New Spring Trust Competitor Analysis
Perform a competitor analysis for new spring trust by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in B63 area or any other competitors across 12 key performance metrics.
new spring trust Ownership
NEW SPRING TRUST group structure
New Spring Trust has no subsidiary companies.
Ultimate parent company
NEW SPRING TRUST
08155257
new spring trust directors
New Spring Trust currently has 9 directors. The longest serving directors include Rev Anthony Schmitz (Jul 2012) and Father Laurence Brassill (Aug 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Rev Anthony Schmitz | 80 years | Jul 2012 | - | Director | |
| Father Laurence Brassill | England | 87 years | Aug 2012 | - | Director |
| Ms Maureen Mui | England | 74 years | Aug 2012 | - | Director |
| Ms Theresa Edwards | England | 84 years | Aug 2012 | - | Director |
| Ms Concepcion Rincon De Rincon | England | 77 years | Mar 2013 | - | Director |
| Mrs Helen Callaghan | England | 66 years | Mar 2013 | - | Director |
| Mr Paul Page-Tickell | England | 57 years | Apr 2016 | - | Director |
| Miss Teresa Burton | England | 48 years | Apr 2021 | - | Director |
| Mrs Nicola Jones | England | 74 years | Jul 2023 | - | Director |
P&L
July 2023turnover
1.5m
+67%
operating profit
76k
0%
gross margin
17.3%
+2.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
542k
+0.12%
total assets
544.4k
+0.11%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
new spring trust company details
company number
08155257
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
82990 - Other business support service activities n.e.c.
incorporation date
July 2012
age
12
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
-
address
hales court stourbridge road, halesowen, B63 3TT
Bank
HSBC BANK PLC
Legal Advisor
-
new spring 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 new spring trust.
new spring trust Companies House Filings - See Documents
| date | description | view/download |
|---|
