thrive education partnership
thrive education partnership Company Information
Company Number
09064864
Website
www.calthorpe.bham.sch.ukRegistered Address
18-19 bennetts hill, 18-19 bennetts hill, birmingham, B2 5QJ
Industry
Other education n.e.c.
Telephone
01217734637
Next Accounts Due
May 2025
Group Structure
View All
Shareholders
-0%
thrive education partnership Estimated Valuation
Pomanda estimates the enterprise value of THRIVE EDUCATION PARTNERSHIP at £43.5m based on a Turnover of £32m and 1.36x industry multiple (adjusted for size and gross margin).
thrive education partnership Estimated Valuation
Pomanda estimates the enterprise value of THRIVE EDUCATION PARTNERSHIP at £91.3m based on an EBITDA of £13.7m and a 6.67x industry multiple (adjusted for size and gross margin).
thrive education partnership Estimated Valuation
Pomanda estimates the enterprise value of THRIVE EDUCATION PARTNERSHIP at £50.6m based on Net Assets of £22.3m and 2.27x industry multiple (adjusted for liquidity).
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Thrive Education Partnership Overview
Thrive Education Partnership is a live company located in birmingham, B2 5QJ with a Companies House number of 09064864. It operates in the other education n.e.c. sector, SIC Code 85590. Founded in June 2014, it's largest shareholder is unknown. Thrive Education Partnership is a established, large sized company, Pomanda has estimated its turnover at £32m with rapid growth in recent years.
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Thrive Education Partnership Health Check
Pomanda's financial health check has awarded Thrive Education Partnership a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 1 areas for improvement. Company Health Check FAQs
6 Strong
4 Regular
1 Weak
Size
annual sales of £32m, make it larger than the average company (£610.3k)
£32m - Thrive Education Partnership
£610.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (5.2%)
31% - Thrive Education Partnership
5.2% - Industry AVG
Production
with a gross margin of 55.7%, this company has a comparable cost of product (55.7%)
55.7% - Thrive Education Partnership
55.7% - Industry AVG
Profitability
an operating margin of 38.3% make it more profitable than the average company (5.7%)
38.3% - Thrive Education Partnership
5.7% - Industry AVG
Employees
with 515 employees, this is above the industry average (17)
515 - Thrive Education Partnership
17 - Industry AVG
Pay Structure
on an average salary of £34.7k, the company has an equivalent pay structure (£29.6k)
£34.7k - Thrive Education Partnership
£29.6k - Industry AVG
Efficiency
resulting in sales per employee of £62k, this is more efficient (£50.6k)
£62k - Thrive Education Partnership
£50.6k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (16 days)
0 days - Thrive Education Partnership
16 days - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is quicker than average (24 days)
19 days - Thrive Education Partnership
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Thrive Education Partnership
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 104 weeks, this is average cash available to meet short term requirements (108 weeks)
104 weeks - Thrive Education Partnership
108 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 20.8%, this is a similar level of debt than the average (22.4%)
20.8% - Thrive Education Partnership
22.4% - Industry AVG
THRIVE EDUCATION PARTNERSHIP financials
Thrive Education Partnership's latest turnover from August 2023 is £32 million and the company has net assets of £22.3 million. According to their latest financial statements, Thrive Education Partnership has 515 employees and maintains cash reserves of £5.1 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 | 31,952,000 | 14,525,000 | 13,301,000 | 14,104,000 | 9,329,000 | 8,921,000 | 9,497,000 | 10,362,000 | 15,792,000 |
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 9,317,000 | -4,652,000 | -1,073,000 | 2,676,000 | -918,000 | -906,000 | -761,000 | 574,000 | 7,260,000 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 9,317,000 | -4,652,000 | -1,073,000 | 2,676,000 | -918,000 | -906,000 | -761,000 | 574,000 | 7,260,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 9,317,000 | -4,652,000 | -1,073,000 | 2,676,000 | -918,000 | -906,000 | -761,000 | 574,000 | 7,260,000 |
| Employee Costs | 17,858,000 | 13,597,000 | 11,401,000 | 9,180,000 | 7,959,000 | 7,182,000 | 8,004,000 | 7,918,000 | 7,045,000 |
| Number Of Employees | 515 | 409 | 377 | 357 | 309 | 280 | 275 | 301 | 288 |
| 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 | 22,428,000 | 11,871,000 | 15,171,000 | 14,767,000 | 11,387,000 | 12,045,000 | 12,353,000 | 11,327,000 | 10,192,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 33,000 | 55,000 | 106,000 | 0 | 0 |
| Total Fixed Assets | 22,428,000 | 11,871,000 | 15,171,000 | 14,767,000 | 11,420,000 | 12,100,000 | 12,459,000 | 11,327,000 | 10,192,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 30,000 | 96,000 | 115,000 | 383,000 | 117,000 | 30,000 | 39,000 | 457,000 | 324,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 609,000 | 513,000 | 849,000 | 1,246,000 | 342,000 | 351,000 | 456,000 | 1,027,000 | 345,000 |
| Cash | 5,131,000 | 2,785,000 | 2,002,000 | 1,764,000 | 1,377,000 | 228,000 | 1,161,000 | 1,150,000 | 1,987,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 550,000 | 0 | 0 | 0 |
| total current assets | 5,770,000 | 3,394,000 | 2,966,000 | 3,393,000 | 2,086,000 | 1,159,000 | 1,656,000 | 2,634,000 | 2,656,000 |
| total assets | 28,198,000 | 15,265,000 | 18,137,000 | 18,160,000 | 13,506,000 | 13,259,000 | 14,115,000 | 13,961,000 | 12,848,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 760,000 | 267,000 | 286,000 | 958,000 | 738,000 | 88,000 | 388,000 | 468,000 | 176,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,774,000 | 888,000 | 735,000 | 154,000 | 149,000 | 123,000 | 473,000 | 299,000 | 463,000 |
| total current liabilities | 2,543,000 | 1,164,000 | 1,030,000 | 1,121,000 | 896,000 | 220,000 | 861,000 | 767,000 | 639,000 |
| loans | 27,000 | 36,000 | 45,000 | 54,000 | 63,000 | 63,000 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 3,334,000 | 7,611,000 | 17,210,000 | 13,856,000 | 7,482,000 | 5,849,000 | 6,174,000 | 10,061,000 | 5,177,000 |
| total liabilities | 5,877,000 | 8,775,000 | 18,240,000 | 14,977,000 | 8,378,000 | 6,069,000 | 7,035,000 | 10,828,000 | 5,816,000 |
| net assets | 22,321,000 | 6,490,000 | -103,000 | 3,183,000 | 5,128,000 | 7,190,000 | 7,080,000 | 3,133,000 | 7,032,000 |
| total shareholders funds | 22,321,000 | 6,490,000 | -103,000 | 3,183,000 | 5,128,000 | 7,190,000 | 7,080,000 | 3,133,000 | 7,032,000 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 1,448,000 | 1,250,000 | 989,000 | 0 | 967,000 | 915,000 | 806,000 | 625,000 | 550,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 30,000 | -355,000 | -665,000 | 1,137,000 | 56,000 | -165,000 | -883,000 | 815,000 | 669,000 |
| Creditors | 493,000 | -19,000 | -672,000 | 220,000 | 650,000 | -300,000 | -80,000 | 292,000 | 176,000 |
| Accruals and Deferred Income | 886,000 | 153,000 | 581,000 | 5,000 | 26,000 | -350,000 | 174,000 | -164,000 | 463,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -949,000 | 0 | 0 | 0 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | -949,000 | 0 | 0 | 0 |
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 9,000 | 0 | 0 | 0 |
| Long term loans | -9,000 | -9,000 | -9,000 | -9,000 | 0 | 63,000 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 6,505,000 | 11,236,000 | -2,222,000 | -4,630,000 | -1,144,000 | 1,088,000 | 4,708,000 | -4,473,000 | -228,000 |
| cash and cash equivalents | |||||||||
| cash | 2,346,000 | 783,000 | 238,000 | 387,000 | 1,149,000 | -933,000 | 11,000 | -837,000 | 1,987,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 2,346,000 | 783,000 | 238,000 | 387,000 | 1,149,000 | -933,000 | 11,000 | -837,000 | 1,987,000 |
thrive education partnership Credit Report and Business Information
Thrive Education Partnership Competitor Analysis
Perform a competitor analysis for thrive education partnership by selecting its closest rivals, whether from the EDUCATION sector, other large companies, companies in B 2 area or any other competitors across 12 key performance metrics.
thrive education partnership Ownership
THRIVE EDUCATION PARTNERSHIP group structure
Thrive Education Partnership has 1 subsidiary company.
Ultimate parent company
THRIVE EDUCATION PARTNERSHIP
09064864
1 subsidiary
thrive education partnership directors
Thrive Education Partnership currently has 12 directors. The longest serving directors include Mr Richard Chapman (Jan 2016) and Mrs Patricia Smart (Jul 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Chapman | England | 57 years | Jan 2016 | - | Director |
| Mrs Patricia Smart | England | 71 years | Jul 2016 | - | Director |
| Mrs Dorota Pawlowski-Andrews | 56 years | Jul 2016 | - | Director | |
| Mr Paul Haggett | England | 70 years | Jan 2018 | - | Director |
| Mrs Julia Davey | United Kingdom | 62 years | Oct 2020 | - | Director |
| Ms Lucy Bennett | England | 44 years | Sep 2021 | - | Director |
| Ms Selina Stewart | England | 62 years | Apr 2022 | - | Director |
| Mrs Adesina Shobanke | England | 47 years | Sep 2023 | - | Director |
| Ms Sushma Maharaj | United Kingdom | 51 years | Oct 2023 | - | Director |
| Mrs Janet Smith | England | 57 years | Oct 2023 | - | Director |
P&L
August 2023turnover
32m
+120%
operating profit
12.2m
0%
gross margin
55.7%
-0.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
22.3m
+2.44%
total assets
28.2m
+0.85%
cash
5.1m
+0.84%
net assets
Total assets minus all liabilities
thrive education partnership company details
company number
09064864
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85590 - Other education n.e.c.
incorporation date
June 2014
age
10
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
August 2023
previous names
calthorpe teaching academy trust (April 2019)
accountant
-
auditor
UHY HACHER YOUNG (BIRMINGHAM) LLP
address
18-19 bennetts hill, 18-19 bennetts hill, birmingham, B2 5QJ
Bank
LLOYDS TSB BANK PLC
Legal Advisor
BROWNE JACOBSON LLP
thrive education partnership 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 thrive education partnership.
thrive education partnership Companies House Filings - See Documents
| date | description | view/download |
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