initio learning trust
initio learning trust Company Information
Company Number
09362004
Website
colehillfirst.dorset.sch.ukRegistered Address
allenbourn middle school, east borough, wimborne, dorset, BH21 1PL
Industry
General secondary education
Primary education
Telephone
01202882506
Next Accounts Due
May 2025
Group Structure
View All
Shareholders
-0%
initio learning trust Estimated Valuation
Pomanda estimates the enterprise value of INITIO LEARNING TRUST at £55m based on a Turnover of £43.1m and 1.28x industry multiple (adjusted for size and gross margin).
initio learning trust Estimated Valuation
Pomanda estimates the enterprise value of INITIO LEARNING TRUST at £70m based on an EBITDA of £7.1m and a 9.8x industry multiple (adjusted for size and gross margin).
initio learning trust Estimated Valuation
Pomanda estimates the enterprise value of INITIO LEARNING TRUST at £64.3m based on Net Assets of £32.4m and 1.99x industry multiple (adjusted for liquidity).
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Initio Learning Trust Overview
Initio Learning Trust is a live company located in wimborne, BH21 1PL with a Companies House number of 09362004. It operates in the pre-primary education sector, SIC Code 85100. Founded in December 2014, it's largest shareholder is unknown. Initio Learning Trust is a established, large sized company, Pomanda has estimated its turnover at £43.1m with high growth in recent years.
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Initio Learning Trust Health Check
Pomanda's financial health check has awarded Initio Learning Trust a 4.5 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 £43.1m, make it larger than the average company (£4.7m)
£43.1m - Initio Learning Trust
£4.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (5.6%)
18% - Initio Learning Trust
5.6% - Industry AVG
Production
with a gross margin of 45.9%, this company has a comparable cost of product (45.9%)
45.9% - Initio Learning Trust
45.9% - Industry AVG
Profitability
an operating margin of 14.3% make it more profitable than the average company (5.7%)
14.3% - Initio Learning Trust
5.7% - Industry AVG
Employees
with 829 employees, this is above the industry average (95)
829 - Initio Learning Trust
95 - Industry AVG
Pay Structure
on an average salary of £35k, the company has an equivalent pay structure (£33.7k)
£35k - Initio Learning Trust
£33.7k - Industry AVG
Efficiency
resulting in sales per employee of £51.9k, this is equally as efficient (£46.6k)
£51.9k - Initio Learning Trust
£46.6k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (1 days)
0 days - Initio Learning Trust
1 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is slower than average (18 days)
22 days - Initio Learning Trust
18 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Initio Learning Trust
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 64 weeks, this is less cash available to meet short term requirements (102 weeks)
64 weeks - Initio Learning Trust
102 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.2%, this is a higher level of debt than the average (12%)
25.2% - Initio Learning Trust
12% - Industry AVG
INITIO LEARNING TRUST financials
Initio Learning Trust's latest turnover from August 2023 is £43.1 million and the company has net assets of £32.4 million. According to their latest financial statements, Initio Learning Trust has 829 employees and maintains cash reserves of £7.4 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 | 43,065,395 | 29,302,930 | 27,038,703 | 25,992,500 | 17,502,841 | 18,546,273 | 9,189,683 | 9,045,297 | 31,057,820 |
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 4,816,466 | -1,998,180 | -1,798,785 | -4,204,795 | 964,921 | 6,408,665 | -598,764 | -559,657 | 26,189,042 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 4,816,466 | -1,998,180 | -1,798,785 | -4,204,795 | 964,921 | 6,408,665 | -598,764 | -559,657 | 26,189,042 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 4,816,466 | -1,998,180 | -1,798,785 | -4,204,795 | 964,921 | 6,408,665 | -598,764 | -559,657 | 26,189,042 |
| Employee Costs | 29,001,907 | 24,212,676 | 23,014,703 | 21,367,946 | 12,829,442 | 9,388,750 | 7,674,518 | 7,354,524 | 3,641,654 |
| Number Of Employees | 829 | 649 | 650 | 650 | 468 | 368 | 366 | 353 | 368 |
| 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 | 34,447,673 | 28,336,245 | 28,045,234 | 27,918,207 | 27,151,328 | 24,447,713 | 16,760,335 | 17,000,198 | 28,075,172 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 34,447,673 | 28,336,245 | 28,045,234 | 27,918,207 | 27,151,328 | 24,447,713 | 16,760,335 | 17,000,198 | 28,075,172 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 112,829 | 15,792 | 108,200 | 101,775 | 13,343 | 15,528 | 24,254 | 18,653 | 6,718 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,297,750 | 849,037 | 991,701 | 873,272 | 630,916 | 1,081,959 | 185,327 | 164,475 | 264,863 |
| Cash | 7,431,826 | 3,269,774 | 2,170,232 | 2,238,443 | 1,916,764 | 1,450,247 | 1,229,101 | 918,263 | 827,486 |
| misc current assets | 0 | 0 | 0 | 0 | 3,714 | 0 | 0 | 0 | 0 |
| total current assets | 8,842,405 | 4,134,603 | 3,270,133 | 3,213,490 | 2,564,737 | 2,547,734 | 1,438,682 | 1,101,391 | 1,099,067 |
| total assets | 43,290,078 | 32,470,848 | 31,315,367 | 31,131,697 | 29,716,065 | 26,995,447 | 18,199,017 | 18,101,589 | 29,174,239 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,445,634 | 634,619 | 304,127 | 347,399 | 220,518 | 500,455 | 197,793 | 144,038 | 186,265 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 20,148 | 12,353 | 12,353 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 4,546,743 | 2,193,794 | 1,533,424 | 1,498,591 | 702,642 | 591,065 | 584,490 | 477,055 | 414,932 |
| total current liabilities | 5,992,377 | 2,828,413 | 1,837,551 | 1,866,138 | 935,513 | 1,103,873 | 782,283 | 621,093 | 601,197 |
| loans | 90,675 | 106,875 | 123,076 | 147,933 | 188,921 | 111,175 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 9,611 | 7,451 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 3,490 | 9,860 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 4,932,675 | 5,796,875 | 19,039,076 | 15,782,034 | 7,997,232 | 5,017,175 | 4,000,000 | 4,245,000 | 2,170,000 |
| total liabilities | 10,925,052 | 8,625,288 | 20,876,627 | 17,648,172 | 8,932,745 | 6,121,048 | 4,782,283 | 4,866,093 | 2,771,197 |
| net assets | 32,365,026 | 23,845,560 | 10,438,740 | 13,483,525 | 20,783,320 | 20,874,399 | 13,416,734 | 13,235,496 | 26,403,042 |
| total shareholders funds | 32,365,026 | 23,845,560 | 10,438,740 | 13,483,525 | 20,783,320 | 20,874,399 | 13,416,734 | 13,235,496 | 26,403,042 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 979,037 | 734,188 | 594,113 | 517,234 | 402,970 | 354,648 | 273,807 | 385,861 | 188,866 |
| 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 | 545,750 | -235,072 | 124,854 | 330,788 | -453,228 | 887,906 | 26,453 | -88,453 | 271,581 |
| Creditors | 811,015 | 330,492 | -43,272 | 126,881 | -279,937 | 302,662 | 53,755 | -42,227 | 186,265 |
| Accruals and Deferred Income | 2,352,949 | 660,370 | 25,222 | 798,109 | 119,028 | 6,575 | 107,435 | 62,123 | 414,932 |
| 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 | 376,175 | 68,930 | 113,188 | 281,014 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | 376,175 | 68,930 | 113,188 | 281,014 |
| 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 | -20,148 | 7,795 | 0 | 12,353 | 0 | 0 | 0 |
| Long term loans | -16,200 | -16,201 | -24,857 | -40,988 | 77,746 | 111,175 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -3,490 | -6,370 | 9,860 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| cash flow from financing | 3,686,800 | 15,388,799 | -1,294,495 | -3,134,563 | -968,394 | 780,002 | -12,607,889 | 214,000 | |
| cash and cash equivalents | |||||||||
| cash | 4,162,052 | 1,099,542 | -68,211 | 321,679 | 466,517 | 221,146 | 310,838 | 90,777 | 827,486 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 4,162,052 | 1,099,542 | -68,211 | 321,679 | 466,517 | 221,146 | 310,838 | 90,777 | 827,486 |
initio learning trust Credit Report and Business Information
Initio Learning Trust Competitor Analysis
Perform a competitor analysis for initio learning trust by selecting its closest rivals, whether from the EDUCATION sector, other large companies, companies in BH21 area or any other competitors across 12 key performance metrics.
initio learning trust Ownership
INITIO LEARNING TRUST group structure
Initio Learning Trust has no subsidiary companies.
Ultimate parent company
INITIO LEARNING TRUST
09362004
initio learning trust directors
Initio Learning Trust currently has 9 directors. The longest serving directors include Mrs Hilary Evans (Aug 2017) and Mr Noel Harrison (Nov 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Hilary Evans | 71 years | Aug 2017 | - | Director | |
| Mr Noel Harrison | 63 years | Nov 2020 | - | Director | |
| Mrs. Deborah Fleming | 63 years | Nov 2022 | - | Director | |
| Mr Clive Bath | 75 years | Feb 2023 | - | Director | |
| Mr Richard Purchase | 61 years | Feb 2023 | - | Director | |
| Ms Maria MacKenzie | 60 years | Feb 2023 | - | Director | |
| Mr Geoffrey Bates | 47 years | Sep 2023 | - | Director | |
| Mr Stuart Ingram | 47 years | Mar 2024 | - | Director | |
| Mr John Miller | 55 years | Jun 2024 | - | Director |
P&L
August 2023turnover
43.1m
+47%
operating profit
6.2m
0%
gross margin
46%
+0.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
32.4m
+0.36%
total assets
43.3m
+0.33%
cash
7.4m
+1.27%
net assets
Total assets minus all liabilities
initio learning trust company details
company number
09362004
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85100 - Pre-primary education
85310 - General secondary education
85200 - Primary education
incorporation date
December 2014
age
10
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
wimborne academy trust (January 2023)
last accounts submitted
August 2023
address
allenbourn middle school, east borough, wimborne, dorset, BH21 1PL
accountant
-
auditor
ALBERT GOODMAN
initio learning 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 initio learning trust.
initio learning trust Companies House Filings - See Documents
| date | description | view/download |
|---|
