inspires mat
inspires mat Company Information
Group Structure
View All
Industry
Primary education
Registered Address
powers hall academy spa road, witham, essex, CM8 1NA
Website
www.connectedlearningstl.orginspires mat Estimated Valuation
Pomanda estimates the enterprise value of INSPIRES MAT at £8.7m based on a Turnover of £8.6m and 1.01x industry multiple (adjusted for size and gross margin).
inspires mat Estimated Valuation
Pomanda estimates the enterprise value of INSPIRES MAT at £4.9m based on an EBITDA of £1.1m and a 4.56x industry multiple (adjusted for size and gross margin).
inspires mat Estimated Valuation
Pomanda estimates the enterprise value of INSPIRES MAT at £32.7m based on Net Assets of £12.3m and 2.66x industry multiple (adjusted for liquidity).
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Inspires Mat Overview
Inspires Mat is a live company located in essex, CM8 1NA with a Companies House number of 08579939. It operates in the primary education sector, SIC Code 85200. Founded in June 2013, it's largest shareholder is unknown. Inspires Mat is a established, mid sized company, Pomanda has estimated its turnover at £8.6m with healthy growth in recent years.
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Inspires Mat Health Check
Pomanda's financial health check has awarded Inspires Mat a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
4 Weak
Size
annual sales of £8.6m, make it larger than the average company (£4.7m)
£8.6m - Inspires Mat
£4.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (7%)
5% - Inspires Mat
7% - Industry AVG
Production
with a gross margin of 44.3%, this company has a comparable cost of product (44.3%)
44.3% - Inspires Mat
44.3% - Industry AVG
Profitability
an operating margin of 7.3% make it more profitable than the average company (2%)
7.3% - Inspires Mat
2% - Industry AVG
Employees
with 133 employees, this is above the industry average (101)
133 - Inspires Mat
101 - Industry AVG
Pay Structure
on an average salary of £46.6k, the company has a higher pay structure (£34k)
£46.6k - Inspires Mat
£34k - Industry AVG
Efficiency
resulting in sales per employee of £64.9k, this is more efficient (£48.1k)
£64.9k - Inspires Mat
£48.1k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (0 days)
0 days - Inspires Mat
0 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (21 days)
14 days - Inspires Mat
21 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Inspires Mat
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 70 weeks, this is less cash available to meet short term requirements (95 weeks)
70 weeks - Inspires Mat
95 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 6.9%, this is a lower level of debt than the average (8.2%)
6.9% - Inspires Mat
8.2% - Industry AVG
INSPIRES MAT financials
Inspires Mat's latest turnover from August 2024 is £8.6 million and the company has net assets of £12.3 million. According to their latest financial statements, Inspires Mat has 133 employees and maintains cash reserves of £1.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2024 | Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 8,633,438 | 9,588,790 | 7,736,341 | 7,546,337 | 7,154,888 | 7,044,817 | 9,166,502 | 6,175,683 | 10,063,531 | 1,818,599 | 3,551,674 |
| Other Income Or Grants | |||||||||||
| Cost Of Sales | |||||||||||
| Gross Profit | |||||||||||
| Admin Expenses | |||||||||||
| Operating Profit | |||||||||||
| Interest Payable | 61,000 | ||||||||||
| Interest Receivable | 14,000 | ||||||||||
| Pre-Tax Profit | 512,783 | 1,667,523 | -669,868 | -601,362 | -875,428 | -584,478 | 1,135,374 | -331,142 | 5,424,681 | 20,241 | 1,756,278 |
| Tax | |||||||||||
| Profit After Tax | 512,783 | 1,667,523 | -669,868 | -601,362 | -875,428 | -584,478 | 1,135,374 | -331,142 | 5,424,681 | 20,241 | 1,756,278 |
| Dividends Paid | |||||||||||
| Retained Profit | 512,783 | 1,667,523 | -669,868 | -601,362 | -875,428 | -584,478 | 1,135,374 | -331,142 | 5,424,681 | 20,241 | 1,756,278 |
| Employee Costs | 6,195,665 | 6,202,745 | 5,984,766 | 6,018,964 | 6,019,479 | 5,634,737 | 5,671,799 | 4,253,066 | 3,248,833 | 1,254,979 | 1,269,466 |
| Number Of Employees | 133 | 141 | 144 | 228 | 242 | 247 | 270 | 202 | 176 | 61 | 39 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2024 | Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 11,164,497 | 10,676,537 | 10,088,044 | 10,024,537 | 9,905,058 | 9,824,533 | 10,052,830 | 8,530,936 | 7,827,468 | 1,869,371 | 1,949,309 |
| Intangible Assets | |||||||||||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 11,164,497 | 10,676,537 | 10,088,044 | 10,024,537 | 9,905,058 | 9,824,533 | 10,052,830 | 8,530,936 | 7,827,468 | 1,869,371 | 1,949,309 |
| Stock & work in progress | 2,104 | 2,104 | 2,104 | 2,104 | 7,421 | 1,118 | 1,294 | ||||
| Trade Debtors | 17,957 | 6,875 | 14,089 | 3,276 | 18,620 | 2,432 | 6,653 | 2,590 | 13,028 | 5,723 | |
| Group Debtors | |||||||||||
| Misc Debtors | 809,255 | 1,333,623 | 177,468 | 206,288 | 192,616 | 145,762 | 224,829 | 286,387 | 171,815 | 47,623 | 32,951 |
| Cash | 1,250,136 | 799,014 | 551,979 | 468,823 | 454,618 | 1,171,093 | 795,490 | 672,449 | 1,421,379 | 296,260 | 183,917 |
| misc current assets | |||||||||||
| total current assets | 2,077,348 | 2,139,512 | 743,536 | 678,387 | 667,958 | 1,321,391 | 1,029,076 | 960,940 | 1,603,205 | 358,029 | 223,885 |
| total assets | 13,241,845 | 12,816,049 | 10,831,580 | 10,702,924 | 10,573,016 | 11,145,924 | 11,081,906 | 9,491,876 | 9,430,673 | 2,227,400 | 2,173,194 |
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 193,660 | 285,356 | 54,638 | 101,361 | 45,980 | 38,249 | 127,393 | 771 | 41,536 | 8,927 | 15,204 |
| Group/Directors Accounts | |||||||||||
| other short term finances | |||||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | 723,583 | 545,874 | 505,646 | 422,399 | 334,510 | 528,721 | 267,081 | 414,047 | 364,937 | 49,954 | 45,712 |
| total current liabilities | 917,243 | 831,230 | 560,284 | 523,760 | 380,490 | 566,970 | 394,474 | 414,818 | 406,473 | 58,881 | 60,916 |
| loans | |||||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | |||||||||||
| provisions | |||||||||||
| total long term liabilities | 713,000 | 5,964,000 | 4,943,000 | 4,287,000 | 3,103,000 | 2,649,000 | 2,978,000 | 457,000 | 437,000 | ||
| total liabilities | 917,243 | 831,230 | 1,273,284 | 6,487,760 | 5,323,490 | 4,853,970 | 3,497,474 | 3,063,818 | 3,384,473 | 515,881 | 497,916 |
| net assets | 12,324,602 | 11,984,819 | 9,558,296 | 4,215,164 | 5,249,526 | 6,291,954 | 7,584,432 | 6,428,058 | 6,046,200 | 1,711,519 | 1,675,278 |
| total shareholders funds | 12,324,602 | 11,984,819 | 9,558,296 | 4,215,164 | 5,249,526 | 6,291,954 | 7,584,432 | 6,428,058 | 6,046,200 | 1,711,519 | 1,675,278 |
| Aug 2024 | Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 441,300 | 436,344 | 419,028 | 373,234 | 361,980 | 375,290 | 344,606 | 342,724 | 245,561 | 90,187 | 94,028 |
| Amortisation | |||||||||||
| Tax | |||||||||||
| Stock | -2,104 | -5,317 | 6,303 | -176 | 1,294 | ||||||
| Debtors | -513,286 | 1,148,941 | -18,007 | -1,672 | 63,042 | -83,288 | -54,905 | 111,982 | 113,754 | 21,977 | 38,674 |
| Creditors | -91,696 | 230,718 | -46,723 | 55,381 | 7,731 | -89,144 | 126,622 | -40,765 | 32,609 | -6,277 | 15,204 |
| Accruals and Deferred Income | 177,709 | 40,228 | 83,247 | 87,889 | -194,211 | 261,640 | -146,966 | 49,110 | 314,983 | 4,242 | 45,712 |
| Deferred Taxes & Provisions | |||||||||||
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | -1,640,174 | -547,117 | 609,221 | 2,689 | -338,016 | ||||||
| Change in Investments | |||||||||||
| cash flow from investments | -1,640,174 | -547,117 | 609,221 | 2,689 | -338,016 | ||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | |||||||||||
| Other Short Term Loans | |||||||||||
| Long term loans | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | |||||||||||
| share issue | |||||||||||
| interest | -47,000 | ||||||||||
| cash flow from financing | -173,000 | 759,000 | 6,013,000 | -433,000 | -167,000 | -708,000 | 21,000 | 713,000 | -1,137,000 | 16,000 | -81,000 |
| cash and cash equivalents | |||||||||||
| cash | 451,122 | 247,035 | 83,156 | 14,205 | -716,475 | 375,603 | 123,041 | -748,930 | 1,125,119 | 112,343 | 183,917 |
| overdraft | |||||||||||
| change in cash | 451,122 | 247,035 | 83,156 | 14,205 | -716,475 | 375,603 | 123,041 | -748,930 | 1,125,119 | 112,343 | 183,917 |
inspires mat Credit Report and Business Information
Inspires Mat Competitor Analysis
Perform a competitor analysis for inspires mat by selecting its closest rivals, whether from the EDUCATION sector, other mid companies, companies in CM8 area or any other competitors across 12 key performance metrics.
inspires mat Ownership
INSPIRES MAT group structure
Inspires Mat has no subsidiary companies.
Ultimate parent company
INSPIRES MAT
08579939
inspires mat directors
Inspires Mat currently has 7 directors. The longest serving directors include Councillor Raymond Gooding (Dec 2021) and Mr Ceri Jones (Jun 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Councillor Raymond Gooding | 75 years | Dec 2021 | - | Director | |
| Mr Ceri Jones | 51 years | Jun 2023 | - | Director | |
| Mr Matthew Ward | 47 years | Jul 2023 | - | Director | |
| Mr Matthew Fuller | 51 years | Oct 2023 | - | Director | |
| Mrs Bhavika Gorasia | 38 years | Dec 2023 | - | Director | |
| Mrs Amanda Dove | 44 years | Nov 2024 | - | Director | |
| Mr Russell Frostick | 55 years | Mar 2025 | - | Director |
P&L
August 2024turnover
8.6m
-10%
operating profit
632.5k
0%
gross margin
44.4%
-1.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2024net assets
12.3m
+0.03%
total assets
13.2m
+0.03%
cash
1.3m
+0.56%
net assets
Total assets minus all liabilities
inspires mat company details
company number
08579939
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85200 - Primary education
incorporation date
June 2013
age
12
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
August 2024
previous names
connected learning (December 2023)
accountant
-
auditor
EDMUND CARR LLP
address
powers hall academy spa road, witham, essex, CM8 1NA
Bank
LLOYDS TSB BANK PLC
Legal Advisor
BRAIT LTD
inspires mat 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 inspires mat.
inspires mat 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 INSPIRES MAT. This can take several minutes, an email will notify you when this has completed.
inspires mat Companies House Filings - See Documents
| date | description | view/download |
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