herts & essex multi academy trust
herts & essex multi academy trust Company Information
Company Number
08704162
Registered Address
the hertfordshire & essex high s, warwick road, bishop's stortford, CM23 5NJ
Industry
General secondary education
Telephone
01279654127
Next Accounts Due
May 2025
Group Structure
View All
Shareholders
-0%
herts & essex multi academy trust Estimated Valuation
Pomanda estimates the enterprise value of HERTS & ESSEX MULTI ACADEMY TRUST at £10.3m based on a Turnover of £13m and 0.79x industry multiple (adjusted for size and gross margin).
herts & essex multi academy trust Estimated Valuation
Pomanda estimates the enterprise value of HERTS & ESSEX MULTI ACADEMY TRUST at £3.5m based on an EBITDA of £701.8k and a 5.04x industry multiple (adjusted for size and gross margin).
herts & essex multi academy trust Estimated Valuation
Pomanda estimates the enterprise value of HERTS & ESSEX MULTI ACADEMY TRUST at £48.1m based on Net Assets of £26.7m and 1.8x industry multiple (adjusted for liquidity).
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Herts & Essex Multi Academy Trust Overview
Herts & Essex Multi Academy Trust is a live company located in bishop's stortford, CM23 5NJ with a Companies House number of 08704162. It operates in the general secondary education sector, SIC Code 85310. Founded in September 2013, it's largest shareholder is unknown. Herts & Essex Multi Academy Trust is a established, mid sized company, Pomanda has estimated its turnover at £13m with healthy growth in recent years.
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Herts & Essex Multi Academy Trust Health Check
Pomanda's financial health check has awarded Herts & Essex Multi Academy Trust a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
5 Regular
4 Weak
Size
annual sales of £13m, make it larger than the average company (£8.8m)
£13m - Herts & Essex Multi Academy Trust
£8.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (6.4%)
6% - Herts & Essex Multi Academy Trust
6.4% - Industry AVG
Production
with a gross margin of 51.1%, this company has a comparable cost of product (51.1%)
51.1% - Herts & Essex Multi Academy Trust
51.1% - Industry AVG
Profitability
an operating margin of 1.5% make it less profitable than the average company (6.2%)
1.5% - Herts & Essex Multi Academy Trust
6.2% - Industry AVG
Employees
with 244 employees, this is above the industry average (148)
244 - Herts & Essex Multi Academy Trust
148 - Industry AVG
Pay Structure
on an average salary of £37.6k, the company has an equivalent pay structure (£41.5k)
£37.6k - Herts & Essex Multi Academy Trust
£41.5k - Industry AVG
Efficiency
resulting in sales per employee of £53.3k, this is equally as efficient (£58.4k)
£53.3k - Herts & Essex Multi Academy Trust
£58.4k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is near the average (0 days)
0 days - Herts & Essex Multi Academy Trust
0 days - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is quicker than average (21 days)
16 days - Herts & Essex Multi Academy Trust
21 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Herts & Essex Multi Academy Trust
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 61 weeks, this is less cash available to meet short term requirements (102 weeks)
61 weeks - Herts & Essex Multi Academy Trust
102 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 9.3%, this is a higher level of debt than the average (8.4%)
9.3% - Herts & Essex Multi Academy Trust
8.4% - Industry AVG
HERTS & ESSEX MULTI ACADEMY TRUST financials
Herts & Essex Multi Academy Trust's latest turnover from August 2023 is £13 million and the company has net assets of £26.7 million. According to their latest financial statements, Herts & Essex Multi Academy Trust has 244 employees and maintains cash reserves of £1.6 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 13,013,545 | 11,811,598 | 10,818,794 | 10,779,027 | 12,653,572 | 17,881,329 | 8,431,864 | 7,850,107 | 7,547,641 | 18,013,249 |
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | ||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 102,000 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 46,000 | 0 | 0 |
| Pre-Tax Profit | 184,183 | -89,053 | -250,288 | -440,526 | 2,243,180 | 7,892,371 | 318,278 | 163,107 | 171,479 | 13,922,189 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 184,183 | -89,053 | -250,288 | -440,526 | 2,243,180 | 7,892,371 | 318,278 | 163,107 | 171,479 | 13,922,189 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 184,183 | -89,053 | -250,288 | -440,526 | 2,243,180 | 7,892,371 | 318,278 | 163,107 | 171,479 | 13,922,189 |
| Employee Costs | 9,181,841 | 8,722,813 | 8,219,446 | 8,071,962 | 7,085,464 | 6,928,802 | 5,478,383 | 5,008,416 | 4,831,752 | 1,887,668 |
| Number Of Employees | 244 | 233 | 245 | 235 | 225 | 229 | 147 | 146 | 109 | 107 |
| 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 | 27,301,167 | 27,259,361 | 27,260,420 | 27,471,118 | 27,254,980 | 22,491,026 | 15,292,963 | 14,704,179 | 14,739,882 | 14,558,789 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 21,994 | 21,994 | 21,994 | 21,994 | 21,994 | 21,994 | 21,599 | 21,188 | 19,917 | 19,917 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 27,323,161 | 27,281,355 | 27,282,414 | 27,493,112 | 27,276,974 | 22,513,020 | 15,314,562 | 14,725,367 | 14,759,799 | 14,578,706 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 32,516 | 37,285 | 33,826 | 63,189 | 62,002 | 89,391 | 19,772 | 26,789 | 9,849 | 19,919 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 454,206 | 340,565 | 748,491 | 510,016 | 680,029 | 273,317 | 161,679 | 157,282 | 339,133 | 191,990 |
| Cash | 1,612,375 | 1,037,402 | 250,922 | 370,195 | 750,836 | 2,968,351 | 1,321,757 | 1,234,977 | 812,271 | 836,531 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 2,091 | 2,105 | 0 | 0 |
| total current assets | 2,099,097 | 1,415,252 | 1,033,239 | 943,400 | 1,492,867 | 3,331,059 | 1,505,299 | 1,421,153 | 1,161,253 | 1,048,440 |
| total assets | 29,422,258 | 28,696,607 | 28,315,653 | 28,436,512 | 28,769,841 | 25,844,079 | 16,819,861 | 16,146,520 | 15,921,052 | 15,627,146 |
| 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 | 284,472 | 153,223 | 262,161 | 569,027 | 672,108 | 25,232 | 0 | 0 | 4,574 | 7,694 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 184,616 | 15,384 | 105,000 | 5,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 890,936 | 629,333 | 534,888 | 777,408 | 955,130 | 1,138,424 | 698,809 | 510,746 | 529,811 | 483,263 |
| total current liabilities | 1,360,024 | 797,940 | 902,049 | 1,351,435 | 1,627,238 | 1,163,656 | 698,809 | 510,746 | 534,385 | 490,957 |
| loans | 0 | 184,616 | 242,500 | 45,000 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,367,000 | 1,642,616 | 5,289,500 | 3,681,000 | 2,991,000 | 2,004,000 | 1,697,000 | 2,431,000 | 1,488,000 | 1,392,000 |
| total liabilities | 2,727,024 | 2,440,556 | 6,191,549 | 5,032,435 | 4,618,238 | 3,167,656 | 2,395,809 | 2,941,746 | 2,022,385 | 1,882,957 |
| net assets | 26,695,234 | 26,256,051 | 22,124,104 | 23,404,077 | 24,151,603 | 22,676,423 | 14,424,052 | 13,204,774 | 13,898,667 | 13,744,189 |
| total shareholders funds | 26,695,234 | 26,256,051 | 22,124,104 | 23,404,077 | 24,151,603 | 22,676,423 | 14,424,052 | 13,204,774 | 13,898,667 | 13,744,189 |
| 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 | 501,354 | 493,390 | 481,324 | 473,819 | 327,203 | 320,961 | 268,476 | 259,970 | 248,369 | 102,601 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 108,872 | -404,467 | 209,112 | -168,826 | 379,323 | 181,257 | -2,620 | -164,911 | 137,073 | 211,909 |
| Creditors | 131,249 | -108,938 | -306,866 | -103,081 | 646,876 | 25,232 | 0 | -4,574 | -3,120 | 7,694 |
| Accruals and Deferred Income | 261,603 | 94,445 | -242,520 | -177,722 | -183,294 | 439,615 | 188,063 | -19,065 | 46,548 | 483,263 |
| 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 | 862,842 | 172,721 | 316,175 | -429,462 | -25,368 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 395 | 411 | 1,271 | 0 | 19,917 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | 862,447 | 172,310 | 314,904 | -429,462 | -45,285 |
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 169,232 | -89,616 | 100,000 | 5,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -184,616 | -57,884 | 197,500 | 45,000 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -56,000 | 0 | 0 |
| cash flow from financing | 239,616 | 4,073,500 | -732,185 | -257,000 | -768,000 | 360,000 | 901,000 | -913,000 | -17,001 | -178,000 |
| cash and cash equivalents | ||||||||||
| cash | 574,973 | 786,480 | -119,273 | -380,641 | -2,217,515 | 1,646,594 | 86,780 | 422,706 | -24,260 | 836,531 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 574,973 | 786,480 | -119,273 | -380,641 | -2,217,515 | 1,646,594 | 86,780 | 422,706 | -24,260 | 836,531 |
herts & essex multi academy trust Credit Report and Business Information
Herts & Essex Multi Academy Trust Competitor Analysis
Perform a competitor analysis for herts & essex multi academy trust by selecting its closest rivals, whether from the EDUCATION sector, other mid companies, companies in CM23 area or any other competitors across 12 key performance metrics.
herts & essex multi academy trust Ownership
HERTS & ESSEX MULTI ACADEMY TRUST group structure
Herts & Essex Multi Academy Trust has no subsidiary companies.
Ultimate parent company
HERTS & ESSEX MULTI ACADEMY TRUST
08704162
herts & essex multi academy trust directors
Herts & Essex Multi Academy Trust currently has 11 directors. The longest serving directors include Mr Robert Fielden (Sep 2013) and Mrs Catherine Tooze (Apr 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Fielden | United Kingdom | 73 years | Sep 2013 | - | Director |
| Mrs Catherine Tooze | United Kingdom | 58 years | Apr 2014 | - | Director |
| Mrs Samantha Wilks | 59 years | Jun 2018 | - | Director | |
| Mrs Philippa Bull | United Kingdom | 63 years | Jul 2019 | - | Director |
| Mrs Philippa Bull | United Kingdom | 63 years | Jul 2019 | - | Director |
| Mr Mark Archer | England | 57 years | Oct 2020 | - | Director |
| Mr Timothy Benson | 57 years | Oct 2020 | - | Director | |
| Mrs Yasmin Gregory | England | 61 years | Oct 2020 | - | Director |
| Mrs Kerry Liu | 50 years | Feb 2022 | - | Director | |
| Mrs Susannah Dutton | 54 years | Jul 2022 | - | Director |
P&L
August 2023turnover
13m
+10%
operating profit
200.5k
0%
gross margin
51.1%
+3.77%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
26.7m
+0.02%
total assets
29.4m
+0.03%
cash
1.6m
+0.55%
net assets
Total assets minus all liabilities
herts & essex multi academy trust company details
company number
08704162
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85310 - General secondary education
incorporation date
September 2013
age
11
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
August 2023
previous names
the hertfordshire & essex high school (January 2016)
accountant
-
auditor
UHY HACKER YOUNG
address
the hertfordshire & essex high s, warwick road, bishop's stortford, CM23 5NJ
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
WINCKWORTH SHERWOOD
herts & essex multi academy 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 herts & essex multi academy trust.
herts & essex multi academy trust Companies House Filings - See Documents
| date | description | view/download |
|---|
