Pomanda estimates the enterprise value of THE PRIMARY FIRST TRUST at £26.6m based on a Turnover of £23.4m and 1.14x industry multiple (adjusted for size and gross margin).
the primary first trustEstimated Valuation
£430.9k
Pomanda estimates the enterprise value of THE PRIMARY FIRST TRUST at £430.9k based on an EBITDA of £70.1k and a 6.15x industry multiple (adjusted for size and gross margin).
the primary first trustEstimated Valuation
£92.5m
Pomanda estimates the enterprise value of THE PRIMARY FIRST TRUST at £92.5m based on Net Assets of £35.7m and 2.59x industry multiple (adjusted for liquidity).
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The Primary First TrustOverview
The Primary First Trust is a live company located in gravesend, DA11 0DY with a Companies House number of 08738750. It operates in the primary education sector, SIC Code 85200. Founded in October 2013, it's largest shareholder is
unknown.
The Primary First Trust is a established,
large sized company, Pomanda has estimated its turnover at
£23.4m with
declining
growth in recent years.
Pomanda's financial health check has awarded The Primary First Trust a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
4 Strong
4 Regular
3 Weak
Size
annual sales of £23.4m, make it larger than the average company (£4.7m)
£23.4m - The Primary First Trust
£4.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (7%)
-6% - The Primary First Trust
7% - Industry AVG
Production
with a gross margin of 44.2%, this company has a comparable cost of product (44.2%)
44.2% - The Primary First Trust
44.2% - Industry AVG
Profitability
an operating margin of -2.7% make it less profitable than the average company (2.4%)
-2.7% - The Primary First Trust
2.4% - Industry AVG
Employees
with 501 employees, this is above the industry average (99)
501 - The Primary First Trust
99 - Industry AVG
Pay Structure
on an average salary of £35.3k, the company has an equivalent pay structure (£34.1k)
£35.3k - The Primary First Trust
£34.1k - Industry AVG
Efficiency
resulting in sales per employee of £46.7k, this is equally as efficient (£48.2k)
£46.7k - The Primary First Trust
£48.2k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (0 days)
0 days - The Primary First Trust
0 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (20 days)
6 days - The Primary First Trust
20 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Primary First Trust
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 91 weeks, this is average cash available to meet short term requirements (94 weeks)
91 weeks - The Primary First Trust
94 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 4.8%, this is a lower level of debt than the average (8.3%)
4.8% - The Primary First Trust
8.3% - Industry AVG
THE PRIMARY FIRST TRUST financials
EXPORT
The Primary First Trust's latest turnover from August 2024 is £23.4 million and the company has net assets of £35.7 million. According to their latest financial statements, The Primary First Trust has 501 employees and maintains cash reserves of £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
23,398,000
21,499,000
22,306,000
28,143,000
22,674,000
13,225,000
12,577,000
14,714,000
8,886,000
20,375,000
5,941,000
Other Income Or Grants
Cost Of Sales
13,062,274
11,858,752
12,236,295
16,461,669
12,525,021
6,950,972
5,867,455
6,864,414
4,592,249
11,561,477
3,534,351
Gross Profit
10,335,726
9,640,248
10,069,705
11,681,331
10,148,979
6,274,028
6,709,545
7,849,586
4,293,751
8,813,523
2,406,649
Admin Expenses
10,963,646
10,327,320
10,531,157
2,801,755
2,520,361
7,192,507
7,942,700
6,184,297
5,243,253
-7,174,752
-2,698,365
Operating Profit
-627,920
-687,072
-461,452
8,879,576
7,628,618
-918,479
-1,233,155
1,665,289
-949,502
15,988,275
5,105,014
Interest Payable
133,000
21,000
Interest Receivable
80,000
15,000
Pre-Tax Profit
-495,000
-557,000
-448,000
7,187,000
6,180,000
-913,000
-1,226,000
1,351,000
-947,000
12,794,000
4,034,000
Tax
Profit After Tax
-495,000
-557,000
-448,000
7,187,000
6,180,000
-913,000
-1,226,000
1,351,000
-947,000
12,794,000
4,034,000
Dividends Paid
Retained Profit
-495,000
-557,000
-448,000
7,187,000
6,180,000
-913,000
-1,226,000
1,351,000
-947,000
12,794,000
4,034,000
Employee Costs
17,675,000
16,101,000
15,338,000
14,044,000
12,385,000
9,865,000
9,869,000
9,672,000
7,517,000
5,687,000
1,421,000
Number Of Employees
501
460
457
434
402
319
354
360
280
284
45
EBITDA*
70,080
10,928
236,548
9,605,576
8,142,618
-530,479
-828,155
2,045,289
-639,502
16,220,275
5,158,014
* 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
34,018,000
34,716,000
35,414,000
35,287,000
27,660,000
20,355,000
20,680,000
21,026,000
16,932,000
17,123,000
3,812,000
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
34,018,000
34,716,000
35,414,000
35,287,000
27,660,000
20,355,000
20,680,000
21,026,000
16,932,000
17,123,000
3,812,000
Stock & work in progress
Trade Debtors
24,000
59,000
23,000
30,000
26,000
16,000
17,000
18,000
1,000
285,000
Group Debtors
Misc Debtors
426,000
496,000
863,000
912,000
611,000
625,000
848,000
355,000
367,000
199,000
87,000
Cash
3,014,000
3,823,000
3,260,000
1,962,000
1,219,000
805,000
656,000
1,252,000
838,000
1,164,000
526,000
misc current assets
total current assets
3,464,000
4,378,000
4,146,000
2,904,000
1,856,000
1,446,000
1,521,000
1,625,000
1,206,000
1,648,000
613,000
total assets
37,482,000
39,094,000
39,560,000
38,191,000
29,516,000
21,801,000
22,201,000
22,651,000
18,138,000
18,771,000
4,425,000
Bank overdraft
Bank loan
Trade Creditors
215,000
267,000
532,000
154,000
147,000
154,000
702,000
176,000
112,000
145,000
80,000
Group/Directors Accounts
other short term finances
168,000
177,000
177,000
91,000
hp & lease commitments
other current liabilities
1,328,000
1,819,000
1,487,000
1,664,000
1,096,000
867,000
499,000
817,000
597,000
394,000
82,000
total current liabilities
1,711,000
2,263,000
2,196,000
1,909,000
1,243,000
1,021,000
1,201,000
993,000
709,000
539,000
162,000
loans
89,000
257,000
382,000
182,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
89,000
417,000
2,005,000
9,746,000
7,373,000
6,710,000
4,323,000
4,897,000
2,721,000
1,445,000
269,000
total liabilities
1,800,000
2,680,000
4,201,000
11,655,000
8,616,000
7,731,000
5,524,000
5,890,000
3,430,000
1,984,000
431,000
net assets
35,682,000
36,414,000
35,359,000
26,536,000
20,900,000
14,070,000
16,677,000
16,761,000
14,708,000
16,787,000
3,994,000
total shareholders funds
35,682,000
36,414,000
35,359,000
26,536,000
20,900,000
14,070,000
16,677,000
16,761,000
14,708,000
16,787,000
3,994,000
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
-627,920
-687,072
-461,452
8,879,576
7,628,618
-918,479
-1,233,155
1,665,289
-949,502
15,988,275
5,105,014
Depreciation
698,000
698,000
698,000
726,000
514,000
388,000
405,000
380,000
310,000
232,000
53,000
Amortisation
Tax
Stock
Debtors
-105,000
-331,000
-56,000
305,000
-4,000
-224,000
492,000
5,000
-116,000
397,000
87,000
Creditors
-52,000
-265,000
378,000
7,000
-7,000
-548,000
526,000
64,000
-33,000
65,000
80,000
Accruals and Deferred Income
-491,000
332,000
-177,000
568,000
229,000
368,000
-318,000
220,000
203,000
312,000
82,000
Deferred Taxes & Provisions
Cash flow from operations
-367,920
408,928
493,548
9,875,576
8,368,618
-486,479
-1,112,155
2,324,289
-353,502
16,200,275
5,233,014
Investing Activities
capital expenditure
1,062,000
1,033,000
1,401,000
-119,000
-128,000
-31,000
Change in Investments
cash flow from investments
1,062,000
1,033,000
1,401,000
-119,000
-128,000
-31,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
-9,000
86,000
91,000
Long term loans
-168,000
-125,000
200,000
182,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-237,000
1,612,000
9,271,000
-1,551,000
650,000
-1,694,000
1,142,000
702,000
-1,132,000
-1,000
-40,000
interest
-53,000
-6,000
cash flow from financing
-414,000
1,487,000
9,557,000
-1,278,000
650,000
-1,694,000
1,142,000
702,000
-1,185,000
-1,000
-46,000
cash and cash equivalents
cash
-809,000
563,000
1,298,000
743,000
414,000
149,000
-596,000
414,000
-326,000
638,000
526,000
overdraft
change in cash
-809,000
563,000
1,298,000
743,000
414,000
149,000
-596,000
414,000
-326,000
638,000
526,000
the primary first trust Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for the primary first trust. Get real-time insights into the primary first trust's credit score, group structure and payment trends.
Perform a competitor analysis for the primary first trust by selecting its closest rivals, whether from the EDUCATION sector, other large companies, companies in DA11 area or any other competitors across 12 key performance metrics.
the primary first trust Ownership
THE PRIMARY FIRST TRUST group structure
The Primary First Trust has no subsidiary companies.
Ultimate parent company
THE PRIMARY FIRST TRUST
08738750
THE PRIMARY FIRST TRUST Shareholders
The sole shareholder of The Primary First Trust is -.
-
-
the primary first trust directors
The Primary First Trust currently has 8 directors.
The longest serving directors include
Mr William Harwood (Oct 2013) and
Mr Andrew Spearman (Dec 2014).
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85200 - Primary education
incorporation date
October 2013
age
12
incorporated
UK
ultimate parent company
None
accounts
Full Accounts
last accounts submitted
August 2024
previous names
N/A
accountant
-
auditor
AZETS AUDIT SERVICES
address
the white house, clifton marine parade, gravesend, kent, DA11 0DY
Bank
LLOYDS TSB BANK PLC
Legal Advisor
CHARLES RUSSELL LLP
the primary first 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 the primary first trust.
the primary first 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 THE PRIMARY FIRST TRUST. This can take several minutes, an email will notify you when this has completed.
the primary first trustCompanies House Filings - See Documents
