the better schools project ltd

1.5

the better schools project ltd Company Information

Share THE BETTER SCHOOLS PROJECT LTD
Live (In Liquidation)
EstablishedMicroDeclining

Company Number

08398835

Registered Address

leonard curtis house, elms square, bury new road, greater manchester, M45 7TA

Industry

Combined office administrative service activities

 

Telephone

08450542925

Next Accounts Due

240 days late

Group Structure

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Directors

Reece Haines-Aubert11 Years

Douglas Haines11 Years

Shareholders

reece haines-aubert 34.3%

douglas haines 34.3%

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the better schools project ltd Estimated Valuation

£12.3k

Pomanda estimates the enterprise value of THE BETTER SCHOOLS PROJECT LTD at £12.3k based on a Turnover of £42k and 0.29x industry multiple (adjusted for size and gross margin).

the better schools project ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of THE BETTER SCHOOLS PROJECT LTD at £0 based on an EBITDA of £-7.9k and a 2.65x industry multiple (adjusted for size and gross margin).

the better schools project ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of THE BETTER SCHOOLS PROJECT LTD at £0 based on Net Assets of £-16k and 2.9x industry multiple (adjusted for liquidity).

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The Better Schools Project Ltd Overview

The Better Schools Project Ltd is a live company located in greater manchester, M45 7TA with a Companies House number of 08398835. It operates in the combined office administrative service activities sector, SIC Code 82110. Founded in February 2013, it's largest shareholder is reece haines-aubert with a 34.3% stake. The Better Schools Project Ltd is a established, micro sized company, Pomanda has estimated its turnover at £42k with declining growth in recent years.

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The Better Schools Project Ltd Health Check

Pomanda's financial health check has awarded The Better Schools Project Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £42k, make it smaller than the average company (£1.1m)

£42k - The Better Schools Project Ltd

£1.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (0.9%)

-1% - The Better Schools Project Ltd

0.9% - Industry AVG

production

Production

with a gross margin of 16.5%, this company has a higher cost of product (43.8%)

16.5% - The Better Schools Project Ltd

43.8% - Industry AVG

profitability

Profitability

an operating margin of -18.9% make it less profitable than the average company (3.6%)

-18.9% - The Better Schools Project Ltd

3.6% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (10)

2 - The Better Schools Project Ltd

10 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.6k, the company has an equivalent pay structure (£33.6k)

£33.6k - The Better Schools Project Ltd

£33.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £21k, this is less efficient (£82.6k)

£21k - The Better Schools Project Ltd

£82.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 3 days, this is earlier than average (34 days)

3 days - The Better Schools Project Ltd

34 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 137 days, this is slower than average (30 days)

137 days - The Better Schools Project Ltd

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - The Better Schools Project Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - The Better Schools Project Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 293.8%, this is a higher level of debt than the average (54%)

293.8% - The Better Schools Project Ltd

54% - Industry AVG

THE BETTER SCHOOLS PROJECT LTD financials

EXPORTms excel logo

The Better Schools Project Ltd's latest turnover from March 2022 is estimated at £42 thousand and the company has net assets of -£16 thousand. According to their latest financial statements, The Better Schools Project Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Feb 2014
Turnover41,99641,53043,94743,63091,34039,59544,76661,98120,537
Other Income Or Grants000000000
Cost Of Sales35,07434,78536,78336,67872,61130,76236,84851,40817,680
Gross Profit6,9226,7457,1646,95218,7298,8337,91710,5732,857
Admin Expenses14,84919,36712,043-868-170,32911,73359,52799,6169,626
Operating Profit-7,927-12,622-4,8797,820189,058-2,900-51,610-89,043-6,769
Interest Payable00000371000
Interest Receivable0000331139801
Pre-Tax Profit-7,927-12,622-4,8797,820189,060-2,869-51,471-88,963-6,768
Tax000-1,486-35,9210000
Profit After Tax-7,927-12,622-4,8796,334153,139-2,869-51,471-88,963-6,768
Dividends Paid000000000
Retained Profit-7,927-12,622-4,8796,334153,139-2,869-51,471-88,963-6,768
Employee Costs67,17868,08866,16370,251128,43190,78065,73533,01932,986
Number Of Employees222241111
EBITDA*-7,927-12,622-4,8797,820189,058-1,208-51,268-88,890-6,729

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Feb 2014
Tangible Assets1541,2743,7816,3449,0707849031,05530
Intangible Assets000007,507000
Investments & Other000000000
Debtors (Due After 1 year)000000000
Total Fixed Assets1541,2743,7816,3449,0708,2919031,05530
Stock & work in progress000000000
Trade Debtors3632,9013,2482,4758,05412,26812,30313,6840
Group Debtors000000000
Misc Debtors7,7542,7470004,019000
Cash000001,13724,04331,684287
misc current assets0005,0004,0000000
total current assets8,1175,6483,2487,47512,05417,42436,34645,368287
total assets8,2716,9227,02913,81921,12425,71537,24946,423317
Bank overdraft000000000
Bank loan000000000
Trade Creditors 13,1803,9042,5064,41714,6076723,5262,0546,985
Group/Directors Accounts00000022000
other short term finances000000000
hp & lease commitments000000000
other current liabilities0000025,01430,60500
total current liabilities13,1803,9042,5064,41714,60725,68634,3512,0546,985
loans000000000
hp & lease commitments000000000
Accruals and Deferred Income00003,4490000
other liabilities11,11711,1170000000
provisions000000000
total long term liabilities11,11711,117003,4490000
total liabilities24,29715,0212,5064,41718,05625,68634,3512,0546,985
net assets-16,026-8,0994,5239,4023,068292,89844,369-6,668
total shareholders funds-16,026-8,0994,5239,4023,068292,89844,369-6,668
Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Feb 2014
Operating Activities
Operating Profit-7,927-12,622-4,8797,820189,058-2,900-51,610-89,043-6,769
Depreciation0000039934215340
Amortisation000001,293000
Tax000-1,486-35,9210000
Stock000000000
Debtors2,4692,400773-5,579-8,2333,984-1,38113,6840
Creditors9,2761,398-1,911-10,19013,935-2,8541,472-4,9316,985
Accruals and Deferred Income000-3,449-21,565-5,59130,60500
Deferred Taxes & Provisions000000000
Cash flow from operations-1,120-13,624-7,563-1,726153,740-13,637-17,810-107,505256
Investing Activities
capital expenditure1,1202,5072,5632,726-779-9,080-190-1,178-70
Change in Investments000000000
cash flow from investments1,1202,5072,5632,726-779-9,080-190-1,178-70
Financing Activities
Bank loans000000000
Group/Directors Accounts00000-22022000
Other Short Term Loans 000000000
Long term loans000000000
Hire Purchase and Lease Commitments000000000
other long term liabilities011,1170000000
share issue0000-150,100010,000140,000100
interest00003-340139801
cash flow from financing011,11700-150,097-56010,359140,080101
cash and cash equivalents
cash0000-1,137-22,906-7,64131,397287
overdraft000000000
change in cash0000-1,137-22,906-7,64131,397287

the better schools project ltd 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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The Better Schools Project Ltd Competitor Analysis

BETA
competitor_analysis_table_img

Perform a competitor analysis for the better schools project ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in M45 area or any other competitors across 12 key performance metrics.

the better schools project ltd Ownership

THE BETTER SCHOOLS PROJECT LTD group structure

The Better Schools Project Ltd has no subsidiary companies.

Ultimate parent company

THE BETTER SCHOOLS PROJECT LTD

08398835

THE BETTER SCHOOLS PROJECT LTD Shareholders

reece haines-aubert 34.3%
douglas haines 34.3%
paul rosenfeld 3.27%
chris gibson 3.27%
charlie goddard 3.27%
neil mayall 3.27%
richard vale 3.27%
neil sharp 3.27%
edward wells 3.27%
tim mitchell 3.27%

the better schools project ltd directors

The Better Schools Project Ltd currently has 2 directors. The longest serving directors include Mr Reece Haines-Aubert (Feb 2013) and Mr Douglas Haines (Feb 2013).

officercountryagestartendrole
Mr Reece Haines-AubertEngland38 years Feb 2013- Director
Mr Douglas HainesEngland41 years Feb 2013- Director

P&L

March 2022

turnover

42k

+1%

operating profit

-7.9k

0%

gross margin

16.5%

+1.48%

turnover

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

Balance Sheet

March 2022

net assets

-16k

+0.98%

total assets

8.3k

+0.19%

cash

0

0%

net assets

Total assets minus all liabilities

the better schools project ltd company details

company number

08398835

Type

Private limited with Share Capital

industry

82110 - Combined office administrative service activities

incorporation date

February 2013

age

11

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

professional journals ltd (August 2013)

incorporated

UK

address

leonard curtis house, elms square, bury new road, greater manchester, M45 7TA

last accounts submitted

March 2022

the better schools project ltd 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 the better schools project ltd.

charges

the better schools project ltd Companies House Filings - See Documents

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