richard huish trust
richard huish trust Company Information
Company Number
09320523
Next Accounts
May 2025
Shareholders
-
Group Structure
View All
Industry
General secondary education
+3Registered Address
c/o richard huish college, south road, taunton, somerset, TA1 3DZ
Website
www.richardhuishtrust.co.ukrichard huish trust Estimated Valuation
Pomanda estimates the enterprise value of RICHARD HUISH TRUST at £33.8m based on a Turnover of £27m and 1.25x industry multiple (adjusted for size and gross margin).
richard huish trust Estimated Valuation
Pomanda estimates the enterprise value of RICHARD HUISH TRUST at £19.9m based on an EBITDA of £2.5m and a 8.02x industry multiple (adjusted for size and gross margin).
richard huish trust Estimated Valuation
Pomanda estimates the enterprise value of RICHARD HUISH TRUST at £137.3m based on Net Assets of £46.5m and 2.95x industry multiple (adjusted for liquidity).
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Richard Huish Trust Overview
Richard Huish Trust is a live company located in taunton, TA1 3DZ with a Companies House number of 09320523. It operates in the primary education sector, SIC Code 85200. Founded in November 2014, it's largest shareholder is unknown. Richard Huish Trust is a established, large sized company, Pomanda has estimated its turnover at £27m with high growth in recent years.
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Richard Huish Trust Health Check
Pomanda's financial health check has awarded Richard Huish Trust a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 3 areas for improvement. Company Health Check FAQs
8 Strong
1 Regular
3 Weak
Size
annual sales of £27m, make it larger than the average company (£3.7m)
£27m - Richard Huish Trust
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (6.7%)
20% - Richard Huish Trust
6.7% - Industry AVG
Production
with a gross margin of 47.1%, this company has a comparable cost of product (47.1%)
47.1% - Richard Huish Trust
47.1% - Industry AVG
Profitability
an operating margin of 4.2% make it less profitable than the average company (5.7%)
4.2% - Richard Huish Trust
5.7% - Industry AVG
Employees
with 417 employees, this is above the industry average (73)
417 - Richard Huish Trust
73 - Industry AVG
Pay Structure
on an average salary of £45.4k, the company has a higher pay structure (£30.9k)
£45.4k - Richard Huish Trust
£30.9k - Industry AVG
Efficiency
resulting in sales per employee of £64.7k, this is more efficient (£47.3k)
£64.7k - Richard Huish Trust
£47.3k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (6 days)
4 days - Richard Huish Trust
6 days - Industry AVG
Creditor Days
its suppliers are paid after 29 days, this is slower than average (23 days)
29 days - Richard Huish Trust
23 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (3 days)
0 days - Richard Huish Trust
3 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 43 weeks, this is less cash available to meet short term requirements (108 weeks)
43 weeks - Richard Huish Trust
108 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 10.5%, this is a lower level of debt than the average (19.4%)
10.5% - Richard Huish Trust
19.4% - Industry AVG
RICHARD HUISH TRUST financials
Richard Huish Trust's latest turnover from August 2023 is £27 million and the company has net assets of £46.5 million. According to their latest financial statements, Richard Huish Trust has 417 employees and maintains cash reserves of £3.3 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 | 26,995,952 | 31,150,210 | 15,357,136 | 15,772,447 | 9,068,369 | 4,907,755 | 3,799,198 | 12,389,801 | 3,389,920 |
| 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 | 908,511 | 5,508,089 | 3,686,810 | 6,450,941 | 2,493,366 | 278,410 | -554,516 | 7,485,941 | -1,296,517 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 908,511 | 5,508,089 | 3,686,810 | 6,450,941 | 2,493,366 | 278,410 | -554,516 | 7,485,941 | -1,296,517 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 908,511 | 5,508,089 | 3,686,810 | 6,450,941 | 2,493,366 | 278,410 | -554,516 | 7,485,941 | -1,296,517 |
| Employee Costs | 18,926,015 | 18,543,467 | 8,681,701 | 6,875,600 | 4,926,492 | 3,299,446 | 3,052,082 | 3,327,142 | 1,594,047 |
| Number Of Employees | 417 | 389 | 285 | 237 | 169 | 103 | 85 | 102 | 112 |
| 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 | 46,393,697 | 45,507,179 | 23,744,996 | 19,417,722 | 12,076,394 | 8,967,400 | 8,211,111 | 8,603,688 | 1,277,977 |
| Intangible Assets | 61,102 | 28,143 | 5,250 | 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 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 46,454,799 | 45,535,322 | 23,750,246 | 19,417,722 | 12,076,394 | 8,967,400 | 8,211,111 | 8,603,688 | 1,277,977 |
| Stock & work in progress | 3,669 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 331,780 | 307,585 | 5,073 | 970 | 34,625 | 152,071 | 20,368 | 8,891 | 13,668 |
| Group Debtors | 0 | 50,385 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,806,462 | 1,290,013 | 866,661 | 218,757 | 626,502 | 400,083 | 109,848 | 81,479 | 233,635 |
| Cash | 3,304,916 | 3,440,862 | 1,615,510 | 1,173,413 | 1,176,506 | 427,319 | 277,350 | 197,144 | 246,509 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,446,827 | 5,088,845 | 2,487,244 | 1,393,140 | 1,837,633 | 979,473 | 407,566 | 287,514 | 493,812 |
| total assets | 51,901,626 | 50,624,167 | 26,237,490 | 20,810,862 | 13,914,027 | 9,946,873 | 8,618,677 | 8,891,202 | 1,771,789 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 182,486 | 171,610 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,138,258 | 747,037 | 314,157 | 219,205 | 211,821 | 286,946 | 98,730 | 246,247 | 212,387 |
| Group/Directors Accounts | 43,674 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 77,912 | 77,901 | 2,100 | 152,400 | 150,000 | 150,000 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,515,543 | 2,819,033 | 544,784 | 446,818 | 391,108 | 274,195 | 198,625 | 238,117 | 333,919 |
| total current liabilities | 3,957,873 | 3,815,581 | 861,041 | 818,423 | 752,929 | 711,141 | 297,355 | 484,364 | 546,306 |
| loans | 400,304 | 660,648 | 12,600 | 14,400 | 150,000 | 300,000 | 450,000 | 200,000 | 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 | 1,470,304 | 5,529,648 | 9,396,600 | 6,881,400 | 5,843,000 | 3,647,000 | 3,582,000 | 4,041,000 | 2,226,000 |
| total liabilities | 5,428,177 | 9,345,229 | 10,257,641 | 7,699,823 | 6,595,929 | 4,358,141 | 3,879,355 | 4,525,364 | 2,772,306 |
| net assets | 46,473,449 | 41,278,938 | 15,979,849 | 13,111,039 | 7,318,098 | 5,588,732 | 4,739,322 | 4,365,838 | -1,000,517 |
| total shareholders funds | 46,473,449 | 41,278,938 | 15,979,849 | 13,111,039 | 7,318,098 | 5,588,732 | 4,739,322 | 4,365,838 | -1,000,517 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 1,358,151 | 1,204,875 | 611,665 | 485,123 | 225,327 | 243,711 | 399,787 | 305,703 | 134,054 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 3,669 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 490,259 | 776,249 | 652,007 | -441,400 | 108,973 | 421,938 | 39,846 | -156,933 | 247,303 |
| Creditors | 391,221 | 432,880 | 94,952 | 7,384 | -75,125 | 188,216 | -147,517 | 33,860 | 212,387 |
| Accruals and Deferred Income | -303,490 | 2,274,249 | 97,966 | 55,710 | 116,913 | 75,570 | -39,492 | -95,802 | 333,919 |
| 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 | -1,000,000 | 0 | 0 | 0 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | -1,000,000 | 0 | 0 | 0 |
| Financing Activities | |||||||||
| Bank loans | 10,876 | 171,610 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 43,674 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 11 | 75,801 | -150,300 | 2,400 | 0 | 150,000 | 0 | 0 | 0 |
| Long term loans | -260,344 | 648,048 | -1,800 | -135,600 | -150,000 | -150,000 | 250,000 | 200,000 | 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 | 4,080,217 | 20,686,459 | -970,100 | -791,200 | -914,000 | 571,000 | 1,178,000 | -1,919,586 | 296,000 |
| cash and cash equivalents | |||||||||
| cash | -135,946 | 1,825,352 | 442,097 | -3,093 | 749,187 | 149,969 | 80,206 | -49,365 | 246,509 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -135,946 | 1,825,352 | 442,097 | -3,093 | 749,187 | 149,969 | 80,206 | -49,365 | 246,509 |
richard huish trust Credit Report and Business Information
Richard Huish Trust Competitor Analysis
Perform a competitor analysis for richard huish trust by selecting its closest rivals, whether from the EDUCATION sector, other large companies, companies in TA1 area or any other competitors across 12 key performance metrics.
richard huish trust Ownership
RICHARD HUISH TRUST group structure
Richard Huish Trust has no subsidiary companies.
Ultimate parent company
RICHARD HUISH TRUST
09320523
richard huish trust directors
Richard Huish Trust currently has 10 directors. The longest serving directors include Mr John Abbott (Nov 2014) and Ms Catherine Christie (Feb 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Abbott | United Kingdom | 52 years | Nov 2014 | - | Director |
| Ms Catherine Christie | England | 68 years | Feb 2018 | - | Director |
| Miss Jade Renville | 39 years | Sep 2019 | - | Director | |
| Mr Daniel Maycock | 40 years | Oct 2021 | - | Director | |
| Mrs Clare Greenslade | 56 years | Oct 2021 | - | Director | |
| Mr Daniel Maycock | 40 years | Oct 2021 | - | Director | |
| Mr Patrick Flaherty | 56 years | Jan 2022 | - | Director | |
| Mr Tim Duffen | 75 years | Mar 2023 | - | Director | |
| Mr Dominic Lynch | 73 years | Jan 2024 | - | Director | |
| Mrs Olivia Salaman | England | 35 years | Mar 2024 | - | Director |
P&L
August 2023turnover
27m
-13%
operating profit
1.1m
0%
gross margin
47.2%
-0.4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
46.5m
+0.13%
total assets
51.9m
+0.03%
cash
3.3m
-0.04%
net assets
Total assets minus all liabilities
Similar Companies
richard huish trust company details
company number
09320523
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85310 - General secondary education
85410 - Post-secondary non-tertiary education
88910 - Child day-care activities
incorporation date
November 2014
age
11
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
BISHOP FLEMING LLP
address
c/o richard huish college, south road, taunton, somerset, TA1 3DZ
Bank
LLOYDS TSB BANK PLC, LLOYDS TSB BANK PLC, LLOYDS TSB BANK PLC
Legal Advisor
-
richard huish 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 richard huish trust.
richard huish trust Capital Raised & Share Issues BETA
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richard huish trust Companies House Filings - See Documents
| date | description | view/download |
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