the harrow academies trust
the harrow academies trust Company Information
Group Structure
View All
Industry
Primary education
+1Registered Address
pinner high school, beaulieu drive, pinner, HA5 1NB
the harrow academies trust Estimated Valuation
Pomanda estimates the enterprise value of THE HARROW ACADEMIES TRUST at £8m based on a Turnover of £8.6m and 0.93x industry multiple (adjusted for size and gross margin).
the harrow academies trust Estimated Valuation
Pomanda estimates the enterprise value of THE HARROW ACADEMIES TRUST at £582.4k based on an EBITDA of £125.7k and a 4.63x industry multiple (adjusted for size and gross margin).
the harrow academies trust Estimated Valuation
Pomanda estimates the enterprise value of THE HARROW ACADEMIES TRUST at £75.8m based on Net Assets of £32.7m and 2.32x industry multiple (adjusted for liquidity).
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The Harrow Academies Trust Overview
The Harrow Academies Trust is a live company located in pinner, HA5 1NB with a Companies House number of 09026369. It operates in the primary education sector, SIC Code 85200. Founded in May 2014, it's largest shareholder is unknown. The Harrow Academies Trust is a established, mid sized company, Pomanda has estimated its turnover at £8.6m with declining growth in recent years.
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The Harrow Academies Trust Health Check
Pomanda's financial health check has awarded The Harrow Academies Trust a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £8.6m, make it larger than the average company (£6.4m)
£8.6m - The Harrow Academies Trust
£6.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (6%)
-15% - The Harrow Academies Trust
6% - Industry AVG
Production
with a gross margin of 47.6%, this company has a comparable cost of product (47.6%)
47.6% - The Harrow Academies Trust
47.6% - Industry AVG
Profitability
an operating margin of -6.2% make it less profitable than the average company (5.7%)
-6.2% - The Harrow Academies Trust
5.7% - Industry AVG
Employees
with 149 employees, this is above the industry average (118)
149 - The Harrow Academies Trust
118 - Industry AVG
Pay Structure
on an average salary of £45.1k, the company has a higher pay structure (£37.3k)
£45.1k - The Harrow Academies Trust
£37.3k - Industry AVG
Efficiency
resulting in sales per employee of £57.5k, this is equally as efficient (£52k)
£57.5k - The Harrow Academies Trust
£52k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (1 days)
0 days - The Harrow Academies Trust
1 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (20 days)
13 days - The Harrow Academies Trust
20 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Harrow Academies Trust
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 93 weeks, this is average cash available to meet short term requirements (100 weeks)
93 weeks - The Harrow Academies Trust
100 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2.5%, this is a lower level of debt than the average (9.9%)
2.5% - The Harrow Academies Trust
9.9% - Industry AVG
THE HARROW ACADEMIES TRUST financials
The Harrow Academies Trust's latest turnover from August 2023 is £8.6 million and the company has net assets of £32.7 million. According to their latest financial statements, The Harrow Academies Trust has 149 employees and maintains cash reserves of £1.4 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 8,561,286 | 7,342,176 | 15,837,544 | 13,797,887 | 3,544,689 | 2,884,820 | 2,582,904 | 658,321 | 15,850,087 |
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | -464,303 | -1,169,296 | 8,819,148 | 7,890,009 | -393,346 | -259,096 | 344,744 | 458,220 | 15,791,548 |
| Tax | |||||||||
| Profit After Tax | -464,303 | -1,169,296 | 8,819,148 | 7,890,009 | -393,346 | -259,096 | 344,744 | 458,220 | 15,791,548 |
| Dividends Paid | |||||||||
| Retained Profit | -464,303 | -1,169,296 | 8,819,148 | 7,890,009 | -393,346 | -259,096 | 344,744 | 458,220 | 15,791,548 |
| Employee Costs | 6,715,041 | 6,600,122 | 5,373,093 | 4,058,945 | 2,708,827 | 1,701,400 | 938,875 | 118,025 | |
| Number Of Employees | 149 | 146 | 128 | 102 | 70 | 44 | 21 | 3 | |
| 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 31,793,109 | 32,348,505 | 32,820,095 | 23,818,864 | 15,854,479 | 16,092,513 | 16,327,576 | 16,022,230 | 15,400,000 |
| Intangible Assets | 11,487 | 24,725 | 37,962 | 51,199 | 61,936 | 2,000 | |||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | 90,000 | 90,000 | 60,000 | 3,089,584 | |||||
| Total Fixed Assets | 31,793,109 | 32,348,505 | 32,820,095 | 23,830,351 | 15,879,204 | 16,220,475 | 16,468,775 | 16,144,166 | 18,491,584 |
| Stock & work in progress | |||||||||
| Trade Debtors | 7,462 | 1,563 | 9,092 | 9,556 | 21,024 | ||||
| Group Debtors | |||||||||
| Misc Debtors | 206,132 | 219,055 | 389,986 | 147,537 | 188,307 | 146,323 | 85,258 | 3,798,409 | 225,000 |
| Cash | 1,439,709 | 1,104,113 | 826,363 | 746,558 | 398,651 | 550,099 | 394,565 | 90,220 | 162,427 |
| misc current assets | 102,159 | 100,262 | 100,159 | 100,059 | |||||
| total current assets | 1,755,462 | 1,424,993 | 1,316,508 | 1,003,246 | 596,514 | 717,446 | 479,823 | 3,888,629 | 387,427 |
| total assets | 33,548,571 | 33,773,498 | 34,136,603 | 24,833,597 | 16,475,718 | 16,937,921 | 16,948,598 | 20,032,795 | 18,879,011 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 166,756 | 159,559 | 197,202 | 85,441 | 136,463 | 86,074 | 82,287 | 665,015 | 1,800 |
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 636,188 | 505,008 | 364,174 | 368,077 | 127,185 | 378,431 | 223,799 | 36,012 | 5,663 |
| total current liabilities | 802,944 | 664,567 | 561,376 | 453,518 | 263,648 | 464,505 | 306,086 | 701,027 | 7,463 |
| loans | 3,080,000 | 3,080,000 | |||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | 31,000 | 162,000 | 1,437,000 | 624,000 | 325,000 | 109,000 | 42,000 | 3,085,000 | 3,080,000 |
| total liabilities | 833,944 | 826,567 | 1,998,376 | 1,077,518 | 588,648 | 573,505 | 348,086 | 3,786,027 | 3,087,463 |
| net assets | 32,714,627 | 32,946,931 | 32,138,227 | 23,756,079 | 15,887,070 | 16,364,416 | 16,600,512 | 16,246,768 | 15,791,548 |
| total shareholders funds | 32,714,627 | 32,946,931 | 32,138,227 | 23,756,079 | 15,887,070 | 16,364,416 | 16,600,512 | 16,246,768 | 15,791,548 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 656,766 | 641,419 | 348,508 | 332,363 | 316,955 | 303,917 | 272,228 | ||
| Amortisation | 11,487 | 13,238 | 13,237 | 13,237 | 12,737 | ||||
| Tax | |||||||||
| Stock | |||||||||
| Debtors | -7,024 | -169,368 | 233,357 | -41,234 | -59,484 | 82,089 | -3,683,151 | 543,825 | 3,314,584 |
| Creditors | 7,197 | -37,643 | 111,761 | -51,022 | 50,389 | 3,787 | -582,728 | 663,215 | 1,800 |
| Accruals and Deferred Income | 131,180 | 140,834 | -3,903 | 240,892 | -251,246 | 154,632 | 187,787 | 30,349 | 5,663 |
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | -68,854 | -579,574 | -682,166 | -15,400,000 | |||||
| Change in Investments | |||||||||
| cash flow from investments | -68,854 | -579,574 | -682,166 | -15,400,000 | |||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | |||||||||
| Long term loans | -3,080,000 | 3,080,000 | |||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | 231,999 | 1,978,000 | -437,000 | -21,000 | -84,000 | 23,000 | -3,071,000 | -3,000 | 3,080,000 |
| cash and cash equivalents | |||||||||
| cash | 335,596 | 277,750 | 79,805 | 347,907 | -151,448 | 155,534 | 304,345 | -72,207 | 162,427 |
| overdraft | |||||||||
| change in cash | 335,596 | 277,750 | 79,805 | 347,907 | -151,448 | 155,534 | 304,345 | -72,207 | 162,427 |
the harrow academies trust Credit Report and Business Information
The Harrow Academies Trust Competitor Analysis
Perform a competitor analysis for the harrow academies trust by selecting its closest rivals, whether from the EDUCATION sector, other mid companies, companies in HA5 area or any other competitors across 12 key performance metrics.
the harrow academies trust Ownership
THE HARROW ACADEMIES TRUST group structure
The Harrow Academies Trust has no subsidiary companies.
Ultimate parent company
THE HARROW ACADEMIES TRUST
09026369
the harrow academies trust directors
The Harrow Academies Trust currently has 6 directors. The longest serving directors include Dr Janice Howkins (Nov 2014) and Mr Des Fahy (Mar 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Janice Howkins | England | 69 years | Nov 2014 | - | Director |
| Mr Des Fahy | England | 59 years | Mar 2019 | - | Director |
| Mr Raj Patel | England | 55 years | Sep 2022 | - | Director |
| Mr Premal Patel | England | 55 years | Jul 2023 | - | Director |
| Ms Susan Hammond | United Kingdom | 63 years | Jul 2024 | - | Director |
| Ms Angela Moore | England | 52 years | Sep 2024 | - | Director |
P&L
August 2023turnover
8.6m
+17%
operating profit
-531.1k
0%
gross margin
47.6%
+2.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
32.7m
-0.01%
total assets
33.5m
-0.01%
cash
1.4m
+0.3%
net assets
Total assets minus all liabilities
the harrow academies trust company details
company number
09026369
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85200 - Primary education
85310 - General secondary education
incorporation date
May 2014
age
11
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
August 2023
previous names
the harrow secondary school academy trust (November 2014)
accountant
-
auditor
PRICE BAILEY LLP
address
pinner high school, beaulieu drive, pinner, HA5 1NB
Bank
-
Legal Advisor
-
the harrow academies 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 harrow academies trust.
the harrow academies 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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the harrow academies trust Companies House Filings - See Documents
| date | description | view/download |
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