net academies trust
net academies trust Company Information
Group Structure
View All
Industry
Educational support activities
Registered Address
latton green primary academy, riddings lane, harlow, CM18 7HT
Website
www.netacademies.netnet academies trust Estimated Valuation
Pomanda estimates the enterprise value of NET ACADEMIES TRUST at £10.5m based on a Turnover of £12.6m and 0.84x industry multiple (adjusted for size and gross margin).
net academies trust Estimated Valuation
Pomanda estimates the enterprise value of NET ACADEMIES TRUST at £102.8k based on an EBITDA of £18.9k and a 5.44x industry multiple (adjusted for size and gross margin).
net academies trust Estimated Valuation
Pomanda estimates the enterprise value of NET ACADEMIES TRUST at £83.8m based on Net Assets of £34.5m and 2.43x industry multiple (adjusted for liquidity).
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Net Academies Trust Overview
Net Academies Trust is a live company located in harlow, CM18 7HT with a Companies House number of 08221088. It operates in the educational support services sector, SIC Code 85600. Founded in September 2012, it's largest shareholder is unknown. Net Academies Trust is a established, mid sized company, Pomanda has estimated its turnover at £12.6m with declining growth in recent years.
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Net Academies Trust Health Check
Pomanda's financial health check has awarded Net Academies Trust a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
3 Weak
Size
annual sales of £12.6m, make it larger than the average company (£400.7k)
£12.6m - Net Academies Trust
£400.7k - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (6.4%)
-15% - Net Academies Trust
6.4% - Industry AVG
Production
with a gross margin of 67.6%, this company has a comparable cost of product (67.6%)
67.6% - Net Academies Trust
67.6% - Industry AVG
Profitability
an operating margin of -7.7% make it less profitable than the average company (3.2%)
-7.7% - Net Academies Trust
3.2% - Industry AVG
Employees
with 294 employees, this is above the industry average (10)
294 - Net Academies Trust
10 - Industry AVG
Pay Structure
on an average salary of £33k, the company has an equivalent pay structure (£29.1k)
£33k - Net Academies Trust
£29.1k - Industry AVG
Efficiency
resulting in sales per employee of £42.9k, this is less efficient (£52.5k)
£42.9k - Net Academies Trust
£52.5k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (21 days)
0 days - Net Academies Trust
21 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is slower than average (20 days)
30 days - Net Academies Trust
20 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Net Academies Trust
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 136 weeks, this is more cash available to meet short term requirements (89 weeks)
136 weeks - Net Academies Trust
89 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 4.4%, this is a lower level of debt than the average (34.2%)
4.4% - Net Academies Trust
34.2% - Industry AVG
NET ACADEMIES TRUST financials
Net Academies Trust's latest turnover from August 2023 is £12.6 million and the company has net assets of £34.5 million. According to their latest financial statements, Net Academies Trust has 294 employees and maintains cash reserves of £3.6 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 | 12,608,000 | 11,587,000 | 13,946,000 | 20,835,000 | 11,839,000 | 19,595,000 | 13,843,000 | 8,852,000 | 13,788,000 | 4,371,000 | 2,242,000 |
| Other Income Or Grants | |||||||||||
| Cost Of Sales | |||||||||||
| Gross Profit | |||||||||||
| Admin Expenses | |||||||||||
| Operating Profit | |||||||||||
| Interest Payable | |||||||||||
| Interest Receivable | 2,000 | ||||||||||
| Pre-Tax Profit | -788,000 | -778,000 | 2,138,000 | 10,035,000 | -3,236,000 | 8,093,000 | 3,976,000 | -243,000 | 6,699,000 | 1,165,000 | 1,016,000 |
| Tax | |||||||||||
| Profit After Tax | -788,000 | -778,000 | 2,138,000 | 10,035,000 | -3,236,000 | 8,093,000 | 3,976,000 | -243,000 | 6,699,000 | 1,165,000 | 1,016,000 |
| Dividends Paid | |||||||||||
| Retained Profit | -788,000 | -778,000 | 2,138,000 | 10,035,000 | -3,236,000 | 8,093,000 | 3,976,000 | -243,000 | 6,699,000 | 1,165,000 | 1,016,000 |
| Employee Costs | 9,696,000 | 9,322,000 | 9,108,000 | 8,490,000 | 8,690,000 | 8,488,000 | 7,283,000 | 6,554,000 | 5,082,000 | 2,281,000 | 907,000 |
| Number Of Employees | 294 | 304 | 291 | 290 | 302 | 302 | 255 | 250 | 239 | 75 | 42 |
| 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 | 31,927,000 | 32,462,000 | 32,056,000 | 31,051,000 | 19,512,000 | 24,810,000 | 16,322,000 | 11,526,000 | 11,652,000 | 2,666,000 | 1,146,000 |
| Intangible Assets | 49,000 | 54,000 | |||||||||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 31,976,000 | 32,516,000 | 32,056,000 | 31,051,000 | 19,512,000 | 24,810,000 | 16,322,000 | 11,526,000 | 11,652,000 | 2,666,000 | 1,146,000 |
| Stock & work in progress | |||||||||||
| Trade Debtors | 2,000 | 10,000 | 6,000 | 4,000 | 2,000 | ||||||
| Group Debtors | |||||||||||
| Misc Debtors | 542,000 | 432,000 | 1,638,000 | 1,181,000 | 709,000 | 1,128,000 | 764,000 | 426,000 | 374,000 | 54,000 | 83,000 |
| Cash | 3,554,000 | 3,770,000 | 3,022,000 | 1,714,000 | 1,836,000 | 2,047,000 | 1,726,000 | 1,303,000 | 1,602,000 | 493,000 | 524,000 |
| misc current assets | |||||||||||
| total current assets | 4,098,000 | 4,212,000 | 4,660,000 | 2,901,000 | 2,549,000 | 3,175,000 | 2,490,000 | 1,729,000 | 1,976,000 | 547,000 | 609,000 |
| total assets | 36,074,000 | 36,728,000 | 36,716,000 | 33,952,000 | 22,061,000 | 27,985,000 | 18,812,000 | 13,255,000 | 13,628,000 | 3,213,000 | 1,755,000 |
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 342,000 | 357,000 | 613,000 | 492,000 | 107,000 | 884,000 | 652,000 | 370,000 | 463,000 | 48,000 | 60,000 |
| Group/Directors Accounts | |||||||||||
| other short term finances | 13,000 | 13,000 | 13,000 | 5,000 | |||||||
| hp & lease commitments | |||||||||||
| other current liabilities | 998,000 | 906,000 | 621,000 | 805,000 | 661,000 | 697,000 | 710,000 | 340,000 | 410,000 | 185,000 | 201,000 |
| total current liabilities | 1,353,000 | 1,276,000 | 1,247,000 | 1,302,000 | 768,000 | 1,581,000 | 1,362,000 | 710,000 | 873,000 | 233,000 | 261,000 |
| loans | 36,000 | 47,000 | 60,000 | 21,000 | |||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | |||||||||||
| provisions | |||||||||||
| total long term liabilities | 239,000 | 1,113,000 | 5,904,000 | 4,885,000 | 3,432,000 | 4,563,000 | 4,610,000 | 4,477,000 | 2,633,000 | 939,000 | 601,000 |
| total liabilities | 1,592,000 | 2,389,000 | 7,151,000 | 6,187,000 | 4,200,000 | 6,144,000 | 5,972,000 | 5,187,000 | 3,506,000 | 1,172,000 | 862,000 |
| net assets | 34,482,000 | 34,339,000 | 29,565,000 | 27,765,000 | 17,861,000 | 21,841,000 | 12,840,000 | 8,068,000 | 10,122,000 | 2,041,000 | 893,000 |
| total shareholders funds | 34,482,000 | 34,339,000 | 29,565,000 | 27,765,000 | 17,861,000 | 21,841,000 | 12,840,000 | 8,068,000 | 10,122,000 | 2,041,000 | 893,000 |
| 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 | 988,000 | 897,000 | 802,000 | 684,000 | 699,000 | 560,000 | 426,000 | 388,000 | 236,000 | 100,000 | 4,000 |
| Amortisation | 5,000 | ||||||||||
| Tax | |||||||||||
| Stock | |||||||||||
| Debtors | 102,000 | -1,196,000 | 451,000 | 474,000 | -415,000 | 364,000 | 338,000 | 52,000 | 320,000 | -31,000 | 85,000 |
| Creditors | -15,000 | -256,000 | 121,000 | 385,000 | -777,000 | 232,000 | 282,000 | -93,000 | 415,000 | -12,000 | 60,000 |
| Accruals and Deferred Income | 92,000 | 285,000 | -184,000 | 144,000 | -36,000 | -13,000 | 370,000 | -70,000 | 225,000 | -16,000 | 201,000 |
| Deferred Taxes & Provisions | |||||||||||
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | -147,000 | 59,000 | -135,000 | -31,000 | -69,000 | ||||||
| Change in Investments | |||||||||||
| cash flow from investments | -147,000 | 59,000 | -135,000 | -31,000 | -69,000 | ||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | |||||||||||
| Other Short Term Loans | 8,000 | 5,000 | |||||||||
| Long term loans | -11,000 | -13,000 | 39,000 | 21,000 | |||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | |||||||||||
| share issue | |||||||||||
| interest | 2,000 | ||||||||||
| cash flow from financing | 920,000 | 5,539,000 | -291,000 | -105,000 | -744,000 | 910,000 | 796,000 | -1,811,000 | 1,382,000 | -17,000 | -123,000 |
| cash and cash equivalents | |||||||||||
| cash | -216,000 | 748,000 | 1,308,000 | -122,000 | -211,000 | 321,000 | 423,000 | -299,000 | 1,109,000 | -31,000 | 524,000 |
| overdraft | |||||||||||
| change in cash | -216,000 | 748,000 | 1,308,000 | -122,000 | -211,000 | 321,000 | 423,000 | -299,000 | 1,109,000 | -31,000 | 524,000 |
net academies trust Credit Report and Business Information
Net Academies Trust Competitor Analysis
Perform a competitor analysis for net academies trust by selecting its closest rivals, whether from the EDUCATION sector, other mid companies, companies in CM18 area or any other competitors across 12 key performance metrics.
net academies trust Ownership
NET ACADEMIES TRUST group structure
Net Academies Trust has no subsidiary companies.
Ultimate parent company
NET ACADEMIES TRUST
08221088
net academies trust directors
Net Academies Trust currently has 7 directors. The longest serving directors include Ms Joanne Coton (May 2018) and Mr Peter Shephard (Oct 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Joanne Coton | England | 52 years | May 2018 | - | Director |
| Mr Peter Shephard | England | 71 years | Oct 2018 | - | Director |
| Mr Luke Pledger | England | 56 years | Dec 2018 | - | Director |
| Mr Thomas Meeks | England | 41 years | Dec 2020 | - | Director |
| Ms Sarah Turner | England | 69 years | Mar 2022 | - | Director |
| Prof Christoph Thiemermann | England | 64 years | May 2022 | - | Director |
| Ms Hayley Nicolaou | England | 37 years | Jul 2023 | - | Director |
P&L
August 2023turnover
12.6m
+9%
operating profit
-974.1k
0%
gross margin
67.7%
+7.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
34.5m
0%
total assets
36.1m
-0.02%
cash
3.6m
-0.06%
net assets
Total assets minus all liabilities
net academies trust company details
company number
08221088
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85600 - Educational support activities
incorporation date
September 2012
age
13
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
MHA
address
latton green primary academy, riddings lane, harlow, CM18 7HT
Bank
LLOYDS TSB BANK PLC
Legal Advisor
BROWNE JACOBSON
net academies 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 net academies trust.
net academies trust 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.
Click to start generating capital raising & share issue transactions for NET ACADEMIES TRUST. This can take several minutes, an email will notify you when this has completed.
net academies trust Companies House Filings - See Documents
| date | description | view/download |
|---|
