truro & penwith academy trust
truro & penwith academy trust Company Information
Group Structure
View All
Industry
Pre-primary education
+2Registered Address
academy house, truro business park, truro, cornwall, TR4 9LD
Website
tpact.orgtruro & penwith academy trust Estimated Valuation
Pomanda estimates the enterprise value of TRURO & PENWITH ACADEMY TRUST at £121.9m based on a Turnover of £65.5m and 1.86x industry multiple (adjusted for size and gross margin).
truro & penwith academy trust Estimated Valuation
Pomanda estimates the enterprise value of TRURO & PENWITH ACADEMY TRUST at £0 based on an EBITDA of £-617.6k and a 9.44x industry multiple (adjusted for size and gross margin).
truro & penwith academy trust Estimated Valuation
Pomanda estimates the enterprise value of TRURO & PENWITH ACADEMY TRUST at £284.2m based on Net Assets of £102.9m and 2.76x industry multiple (adjusted for liquidity).
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Truro & Penwith Academy Trust Overview
Truro & Penwith Academy Trust is a live company located in truro, TR4 9LD with a Companies House number of 08880841. It operates in the pre-primary education sector, SIC Code 85100. Founded in February 2014, it's largest shareholder is unknown. Truro & Penwith Academy Trust is a established, large sized company, Pomanda has estimated its turnover at £65.5m with high growth in recent years.
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Truro & Penwith Academy Trust Health Check
Pomanda's financial health check has awarded Truro & Penwith Academy Trust a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
2 Weak
Size
annual sales of £65.5m, make it larger than the average company (£5.3m)
£65.5m - Truro & Penwith Academy Trust
£5.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (7.5%)
18% - Truro & Penwith Academy Trust
7.5% - Industry AVG
Production
with a gross margin of 45.9%, this company has a comparable cost of product (45.9%)
45.9% - Truro & Penwith Academy Trust
45.9% - Industry AVG
Profitability
an operating margin of -0.9% make it less profitable than the average company (4.3%)
-0.9% - Truro & Penwith Academy Trust
4.3% - Industry AVG
Employees
with 1422 employees, this is above the industry average (104)
1422 - Truro & Penwith Academy Trust
104 - Industry AVG
Pay Structure
on an average salary of £34.6k, the company has an equivalent pay structure (£35.2k)
£34.6k - Truro & Penwith Academy Trust
£35.2k - Industry AVG
Efficiency
resulting in sales per employee of £46k, this is equally as efficient (£49.6k)
£46k - Truro & Penwith Academy Trust
£49.6k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (1 days)
0 days - Truro & Penwith Academy Trust
1 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (18 days)
8 days - Truro & Penwith Academy Trust
18 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Truro & Penwith Academy Trust
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 119 weeks, this is more cash available to meet short term requirements (98 weeks)
119 weeks - Truro & Penwith Academy Trust
98 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3.5%, this is a lower level of debt than the average (9.5%)
3.5% - Truro & Penwith Academy Trust
9.5% - Industry AVG
TRURO & PENWITH ACADEMY TRUST financials
Truro & Penwith Academy Trust's latest turnover from August 2024 is £65.5 million and the company has net assets of £102.9 million. According to their latest financial statements, Truro & Penwith Academy Trust has 1,422 employees and maintains cash reserves of £7.4 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 | 65,474,000 | 88,420,000 | 42,018,000 | 40,317,000 | 35,682,000 | 42,971,000 | 37,265,000 | 22,218,225 | 21,993,424 | 7,830,773 | 8,719,795 |
| Other Income Or Grants | |||||||||||
| Cost Of Sales | |||||||||||
| Gross Profit | |||||||||||
| Admin Expenses | |||||||||||
| Operating Profit | |||||||||||
| Interest Payable | 190,000 | 143,000 | 70,000 | 22,000 | |||||||
| Interest Receivable | 82,000 | 54,000 | 16,000 | ||||||||
| Pre-Tax Profit | -169,000 | 32,663,000 | -2,391,000 | 1,738,000 | -992,000 | 9,865,000 | 13,248,000 | 6,803,552 | 12,172,237 | 2,228,544 | 6,808,009 |
| Tax | |||||||||||
| Profit After Tax | -169,000 | 32,663,000 | -2,391,000 | 1,738,000 | -992,000 | 9,865,000 | 13,248,000 | 6,803,552 | 12,172,237 | 2,228,544 | 6,808,009 |
| Dividends Paid | |||||||||||
| Retained Profit | -169,000 | 32,663,000 | -2,391,000 | 1,738,000 | -992,000 | 9,865,000 | 13,248,000 | 6,803,552 | 12,172,237 | 2,228,544 | 6,808,009 |
| Employee Costs | 49,229,000 | 41,517,000 | 32,958,000 | 29,462,000 | 28,239,000 | 24,608,000 | 17,974,000 | 11,630,834 | 7,335,615 | 4,042,884 | 1,370,842 |
| Number Of Employees | 1,422 | 1,299 | 1,006 | 962 | 954 | 925 | 684 | 504 | 356 | 163 | 88 |
| 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 | 96,582,000 | 94,785,000 | 61,417,000 | 60,511,000 | 56,889,000 | 56,777,000 | 44,450,000 | 30,463,014 | 21,633,480 | 9,259,206 | 7,062,531 |
| Intangible Assets | |||||||||||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 96,582,000 | 94,785,000 | 61,417,000 | 60,511,000 | 56,889,000 | 56,777,000 | 44,450,000 | 30,463,014 | 21,633,480 | 9,259,206 | 7,062,531 |
| Stock & work in progress | |||||||||||
| Trade Debtors | 8,000 | 59,000 | 267,000 | 21,000 | 74,000 | 26,000 | 46,000 | 65,729 | 16,955 | 22,027 | 2,460 |
| Group Debtors | |||||||||||
| Misc Debtors | 2,624,000 | 2,364,000 | 2,038,000 | 2,008,000 | 1,283,000 | 1,394,000 | 1,523,000 | 800,876 | 1,310,691 | 301,452 | 209,223 |
| Cash | 7,384,000 | 10,705,000 | 6,857,000 | 6,983,000 | 5,591,000 | 5,016,000 | 4,380,000 | 2,416,917 | 1,372,083 | 839,812 | 523,387 |
| misc current assets | |||||||||||
| total current assets | 10,016,000 | 13,128,000 | 9,162,000 | 9,012,000 | 6,948,000 | 6,436,000 | 5,949,000 | 3,283,522 | 2,699,729 | 1,163,291 | 735,070 |
| total assets | 106,598,000 | 107,913,000 | 70,579,000 | 69,523,000 | 63,837,000 | 63,213,000 | 50,399,000 | 33,746,536 | 24,333,209 | 10,422,497 | 7,797,601 |
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 850,000 | 1,538,000 | 867,000 | 805,000 | 611,000 | 851,000 | 1,281,000 | 318,443 | 189,234 | 184,692 | 245,660 |
| Group/Directors Accounts | |||||||||||
| other short term finances | 2,000 | 7,000 | 5,000 | 6,000 | 6,000 | 13,000 | 7,000 | ||||
| hp & lease commitments | |||||||||||
| other current liabilities | 2,354,000 | 2,671,000 | 2,203,000 | 2,227,000 | 1,712,000 | 1,722,000 | 1,222,000 | 1,072,751 | 741,185 | 473,252 | 245,932 |
| total current liabilities | 3,206,000 | 4,216,000 | 3,075,000 | 3,038,000 | 2,329,000 | 2,586,000 | 2,510,000 | 1,391,194 | 930,419 | 657,944 | 491,592 |
| loans | 2,000 | 6,000 | 11,000 | 6,000 | 12,000 | 13,000 | |||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | |||||||||||
| provisions | |||||||||||
| total long term liabilities | 483,000 | 1,334,000 | 3,656,000 | 22,640,000 | 14,236,000 | 10,505,000 | 4,598,000 | 4,008,000 | 4,221,000 | 824,000 | 621,000 |
| total liabilities | 3,689,000 | 5,550,000 | 6,731,000 | 25,678,000 | 16,565,000 | 13,091,000 | 7,108,000 | 5,399,194 | 5,151,419 | 1,481,944 | 1,112,592 |
| net assets | 102,909,000 | 102,363,000 | 63,848,000 | 43,845,000 | 47,272,000 | 50,122,000 | 43,291,000 | 28,347,342 | 19,181,790 | 8,940,553 | 6,685,009 |
| total shareholders funds | 102,909,000 | 102,363,000 | 63,848,000 | 43,845,000 | 47,272,000 | 50,122,000 | 43,291,000 | 28,347,342 | 19,181,790 | 8,940,553 | 6,685,009 |
| 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 | 3,000 | 2,000 | 1,899,000 | 1,634,000 | 1,454,000 | 1,207,000 | 872,000 | 568,977 | 380,843 | 209,657 | 66,471 |
| Amortisation | |||||||||||
| Tax | |||||||||||
| Stock | |||||||||||
| Debtors | 209,000 | 118,000 | 276,000 | 672,000 | -63,000 | -149,000 | 702,395 | -461,041 | 1,004,167 | 111,796 | 211,683 |
| Creditors | -688,000 | 671,000 | 62,000 | 194,000 | -240,000 | -430,000 | 962,557 | 129,209 | 4,542 | -60,968 | 245,660 |
| Accruals and Deferred Income | -317,000 | 468,000 | -24,000 | 515,000 | -10,000 | 500,000 | 149,249 | 331,566 | 267,933 | 227,320 | 245,932 |
| Deferred Taxes & Provisions | |||||||||||
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | -121,409 | 14,632 | 61,544 | -21,048 | |||||||
| Change in Investments | |||||||||||
| cash flow from investments | -121,409 | 14,632 | 61,544 | -21,048 | |||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | |||||||||||
| Other Short Term Loans | -5,000 | 2,000 | -1,000 | -7,000 | 6,000 | 7,000 | |||||
| Long term loans | -2,000 | -4,000 | -5,000 | 5,000 | -6,000 | -1,000 | 13,000 | ||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | |||||||||||
| share issue | |||||||||||
| interest | -190,000 | -61,000 | -16,000 | -6,000 | |||||||
| cash flow from financing | 708,000 | 5,850,000 | 22,388,000 | -5,160,000 | -1,871,000 | -3,029,000 | 1,715,658 | 2,172,000 | -1,992,000 | 11,000 | -129,000 |
| cash and cash equivalents | |||||||||||
| cash | -3,321,000 | 3,848,000 | -126,000 | 1,392,000 | 575,000 | 636,000 | 1,963,083 | 1,044,834 | 532,271 | 316,425 | 523,387 |
| overdraft | |||||||||||
| change in cash | -3,321,000 | 3,848,000 | -126,000 | 1,392,000 | 575,000 | 636,000 | 1,963,083 | 1,044,834 | 532,271 | 316,425 | 523,387 |
truro & penwith academy trust Credit Report and Business Information
Truro & Penwith Academy Trust Competitor Analysis
Perform a competitor analysis for truro & penwith academy trust by selecting its closest rivals, whether from the EDUCATION sector, other large companies, companies in TR4 area or any other competitors across 12 key performance metrics.
truro & penwith academy trust Ownership
TRURO & PENWITH ACADEMY TRUST group structure
Truro & Penwith Academy Trust has no subsidiary companies.
Ultimate parent company
TRURO & PENWITH ACADEMY TRUST
08880841
truro & penwith academy trust directors
Truro & Penwith Academy Trust currently has 12 directors. The longest serving directors include Mrs Anita Firth (Jan 2016) and Mr Jeremy Dunn (Mar 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Anita Firth | England | 56 years | Jan 2016 | - | Director |
| Mr Jeremy Dunn | England | 55 years | Mar 2019 | - | Director |
| Mr James Green | United Kingdom | 57 years | Mar 2019 | - | Director |
| Mr Daniel Austin | England | 34 years | Nov 2019 | - | Director |
| Mrs Adele Bull | England | 46 years | Sep 2021 | - | Director |
| Mr Alan Milliner | England | 63 years | Apr 2022 | - | Director |
| Mr Martin Tucker | United Kingdom | 63 years | Apr 2023 | - | Director |
| Mrs Anna George | England | 52 years | Sep 2023 | - | Director |
| Dr Callum Waldie | England | 30 years | Nov 2023 | - | Director |
| Miss Abigail Hutchinson | England | 26 years | Jan 2024 | - | Director |
P&L
August 2024turnover
65.5m
-26%
operating profit
-620.6k
0%
gross margin
46%
-2.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2024net assets
102.9m
+0.01%
total assets
106.6m
-0.01%
cash
7.4m
-0.31%
net assets
Total assets minus all liabilities
truro & penwith academy trust company details
company number
08880841
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85200 - Primary education
85100 - Pre-primary education
85310 - General secondary education
incorporation date
February 2014
age
11
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
August 2024
previous names
N/A
accountant
-
auditor
BISHOP FLEMING LLP
address
academy house, truro business park, truro, cornwall, TR4 9LD
Bank
LLOYDS TSB BANK PLC, LLOYDS TSB BANK PLC
Legal Advisor
PHP LAW
truro & penwith 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 truro & penwith academy trust.
truro & penwith academy 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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truro & penwith academy trust Companies House Filings - See Documents
| date | description | view/download |
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