parallel learning trust
parallel learning trust Company Information
Company Number
08605705
Next Accounts
May 2025
Shareholders
-
Group Structure
View All
Industry
General secondary education
+1Registered Address
wandle valley academy, welbeck road, carshalton, SM5 1LW
Website
www.plt.org.ukparallel learning trust Estimated Valuation
Pomanda estimates the enterprise value of PARALLEL LEARNING TRUST at £16m based on a Turnover of £16.3m and 0.98x industry multiple (adjusted for size and gross margin).
parallel learning trust Estimated Valuation
Pomanda estimates the enterprise value of PARALLEL LEARNING TRUST at £7.1m based on an EBITDA of £1.3m and a 5.45x industry multiple (adjusted for size and gross margin).
parallel learning trust Estimated Valuation
Pomanda estimates the enterprise value of PARALLEL LEARNING TRUST at £117.3m based on Net Assets of £51.4m and 2.28x industry multiple (adjusted for liquidity).
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Parallel Learning Trust Overview
Parallel Learning Trust is a live company located in carshalton, SM5 1LW with a Companies House number of 08605705. It operates in the primary education sector, SIC Code 85200. Founded in July 2013, it's largest shareholder is unknown. Parallel Learning Trust is a established, mid sized company, Pomanda has estimated its turnover at £16.3m with low growth in recent years.
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Parallel Learning Trust Health Check
Pomanda's financial health check has awarded Parallel Learning Trust a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £16.3m, make it larger than the average company (£6.4m)
£16.3m - Parallel Learning Trust
£6.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (6%)
3% - Parallel Learning Trust
6% - Industry AVG
Production
with a gross margin of 47.7%, this company has a comparable cost of product (47.7%)
47.7% - Parallel Learning Trust
47.7% - Industry AVG
Profitability
an operating margin of 6% make it as profitable than the average company (5.7%)
6% - Parallel Learning Trust
5.7% - Industry AVG
Employees
with 196 employees, this is above the industry average (118)
196 - Parallel Learning Trust
118 - Industry AVG
Pay Structure
on an average salary of £61.5k, the company has a higher pay structure (£37.3k)
£61.5k - Parallel Learning Trust
£37.3k - Industry AVG
Efficiency
resulting in sales per employee of £83.3k, this is more efficient (£52k)
£83.3k - Parallel Learning Trust
£52k - Industry AVG
Debtor Days
it gets paid by customers after 18 days, this is later than average (1 days)
18 days - Parallel Learning Trust
1 days - Industry AVG
Creditor Days
its suppliers are paid after 34 days, this is slower than average (20 days)
34 days - Parallel Learning Trust
20 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (4 days)
0 days - Parallel Learning Trust
4 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (100 weeks)
3 weeks - Parallel Learning Trust
100 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 9.7%, this is a similar level of debt than the average (9.9%)
9.7% - Parallel Learning Trust
9.9% - Industry AVG
PARALLEL LEARNING TRUST financials
Parallel Learning Trust's latest turnover from August 2023 is £16.3 million and the company has net assets of £51.4 million. According to their latest financial statements, Parallel Learning Trust has 196 employees and maintains cash reserves of £175 thousand 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 16,327,000 | 23,697,000 | 13,850,000 | 14,874,000 | 19,172,000 | 11,423,000 | 9,057,000 | 22,324,000 | 5,546,000 | 14,904,000 |
| 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 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 745,000 | 9,057,000 | -739,000 | -159,000 | 3,766,000 | -322,000 | -685,000 | 13,595,000 | -8,063,000 | 14,106,000 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 745,000 | 9,057,000 | -739,000 | -159,000 | 3,766,000 | -322,000 | -685,000 | 13,595,000 | -8,063,000 | 14,106,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 745,000 | 9,057,000 | -739,000 | -159,000 | 3,766,000 | -322,000 | -685,000 | 13,595,000 | -8,063,000 | 14,106,000 |
| Employee Costs | 12,050,000 | 11,766,000 | 11,898,000 | 12,149,000 | 11,411,000 | 9,197,000 | 7,114,000 | 6,548,000 | 3,798,000 | 549,000 |
| Number Of Employees | 196 | 225 | 261 | 261 | 268 | 171 | 293 | 207 | 99 | 66 |
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 54,980,000 | 54,026,000 | 44,471,000 | 44,606,000 | 44,803,000 | 20,314,000 | 20,486,000 | 19,846,000 | 5,949,000 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 4,000 | 5,000 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 54,980,000 | 54,026,000 | 44,471,000 | 44,606,000 | 44,803,000 | 20,314,000 | 20,490,000 | 19,851,000 | 5,949,000 | 0 |
| Stock & work in progress | 3,000 | 4,000 | 4,000 | 5,000 | 5,000 | 6,000 | 5,000 | 2,000 | 0 | 0 |
| Trade Debtors | 821,000 | 507,000 | 471,000 | 245,000 | 461,000 | 1,881,000 | 1,522,000 | 2,265,000 | 1,436,000 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 942,000 | 510,000 | 429,000 | 359,000 | 561,000 | 365,000 | 291,000 | 132,000 | 0 | 0 |
| Cash | 175,000 | 1,075,000 | 895,000 | 1,161,000 | 1,130,000 | 475,000 | 758,000 | 657,000 | 2,017,000 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,941,000 | 2,096,000 | 1,799,000 | 1,770,000 | 2,157,000 | 2,727,000 | 2,576,000 | 3,056,000 | 3,453,000 | 0 |
| total assets | 56,921,000 | 56,122,000 | 46,270,000 | 46,376,000 | 46,960,000 | 23,041,000 | 23,066,000 | 22,907,000 | 9,402,000 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 805,000 | 270,000 | 238,000 | 775,000 | 1,119,000 | 418,000 | 46,000 | 350,000 | 67,000 | 0 |
| Group/Directors Accounts | 350,000 | 546,000 | 630,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,653,000 | 1,753,000 | 1,256,000 | 908,000 | 1,083,000 | 3,992,000 | 4,067,000 | 2,919,000 | 3,271,000 | 0 |
| total current liabilities | 2,808,000 | 2,569,000 | 2,124,000 | 1,683,000 | 2,202,000 | 4,410,000 | 4,113,000 | 3,269,000 | 3,338,000 | 0 |
| loans | 0 | 391,000 | 1,104,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 1,743,000 | 2,323,000 | 0 | 0 | 0 | 21,000 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,704,000 | 5,333,000 | 15,870,000 | 13,927,000 | 13,498,000 | 6,820,000 | 7,232,000 | 2,361,000 | 1,950,000 | 0 |
| total liabilities | 5,512,000 | 7,902,000 | 17,994,000 | 15,610,000 | 15,700,000 | 11,230,000 | 11,345,000 | 5,630,000 | 5,288,000 | 0 |
| net assets | 51,409,000 | 48,220,000 | 28,276,000 | 30,766,000 | 31,260,000 | 11,811,000 | 11,721,000 | 17,277,000 | 4,114,000 | 0 |
| total shareholders funds | 51,409,000 | 48,220,000 | 28,276,000 | 30,766,000 | 31,260,000 | 11,811,000 | 11,721,000 | 17,277,000 | 4,114,000 | 0 |
| 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 | 318,000 | 327,000 | 344,000 | 377,000 | 332,000 | 248,000 | 247,000 | 195,000 | 122,000 | 26,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 4,000 | 2,000 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | -1,000 | 0 | -1,000 | 0 | -1,000 | 1,000 | 3,000 | 2,000 | 0 | 0 |
| Debtors | 746,000 | 117,000 | 296,000 | -418,000 | -1,224,000 | 433,000 | -584,000 | 961,000 | 1,436,000 | 0 |
| Creditors | 535,000 | 32,000 | -537,000 | -344,000 | 701,000 | 372,000 | -304,000 | 283,000 | 67,000 | 0 |
| Accruals and Deferred Income | -100,000 | 497,000 | 348,000 | -175,000 | -2,909,000 | -75,000 | 1,148,000 | -352,000 | 3,271,000 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -75,000 | -887,000 | -14,144,000 | 7,677,000 | 0 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | -75,000 | -887,000 | -14,144,000 | 7,677,000 | 0 |
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -196,000 | -84,000 | 630,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -391,000 | -713,000 | 1,104,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -1,743,000 | -580,000 | 2,323,000 | 0 | 0 | -21,000 | 21,000 | 0 |
| share issue | ||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 1,857,000 | 10,090,000 | -1,760,000 | -915,000 | 18,006,000 | 412,000 | -4,871,000 | -453,000 | 12,198,000 | -14,106,000 |
| cash and cash equivalents | ||||||||||
| cash | -900,000 | 180,000 | -266,000 | 31,000 | 655,000 | -283,000 | 101,000 | -1,360,000 | 2,017,000 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -900,000 | 180,000 | -266,000 | 31,000 | 655,000 | -283,000 | 101,000 | -1,360,000 | 2,017,000 | 0 |
parallel learning trust Credit Report and Business Information
Parallel Learning Trust Competitor Analysis
Perform a competitor analysis for parallel learning trust by selecting its closest rivals, whether from the EDUCATION sector, other mid companies, companies in SM5 area or any other competitors across 12 key performance metrics.
parallel learning trust Ownership
PARALLEL LEARNING TRUST group structure
Parallel Learning Trust has no subsidiary companies.
Ultimate parent company
PARALLEL LEARNING TRUST
08605705
parallel learning trust directors
Parallel Learning Trust currently has 10 directors. The longest serving directors include Mr Michael Martell (Oct 2014) and Mr Jonathan Alvis (Mar 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Martell | England | 72 years | Oct 2014 | - | Director |
| Mr Jonathan Alvis | England | 41 years | Mar 2020 | - | Director |
| Dr Indranil Nath | England | 55 years | Jan 2021 | - | Director |
| Ms Sunila Lobo | England | 61 years | Sep 2021 | - | Director |
| Ms Tricia Lawson | England | 61 years | Nov 2021 | - | Director |
| Mrs Julia Fuller | England | 60 years | Sep 2022 | - | Director |
| Mrs Giulia Rosato | England | 40 years | Sep 2022 | - | Director |
| Mrs Katie Swift | England | 50 years | Nov 2022 | - | Director |
| Mrs Piera Grassi | England | 48 years | Feb 2023 | - | Director |
| Miss Mags Szoltysik | England | 38 years | Feb 2023 | - | Director |
P&L
August 2023turnover
16.3m
-31%
operating profit
982.5k
0%
gross margin
47.8%
+2.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
51.4m
+0.07%
total assets
56.9m
+0.01%
cash
175k
-0.84%
net assets
Total assets minus all liabilities
parallel learning trust company details
company number
08605705
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85310 - General secondary education
85200 - Primary education
incorporation date
July 2013
age
12
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
UHY KENT LLP
address
wandle valley academy, welbeck road, carshalton, SM5 1LW
Bank
LLOYDS TSB BANK PLC
Legal Advisor
GELDARDS LLP
parallel learning 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 parallel learning trust.
parallel learning 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.
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parallel learning trust Companies House Filings - See Documents
| date | description | view/download |
|---|
