king edward vi education trust
king edward vi education trust Company Information
Company Number
09635329
Next Accounts
May 2025
Industry
Other education n.e.c.
General secondary education
Shareholders
-
Group Structure
View All
Contact
Registered Address
king edward vi grammar school, edward street, louth, lincolnshire, LN11 9LL
Website
http://kevigs.orgking edward vi education trust Estimated Valuation
Pomanda estimates the enterprise value of KING EDWARD VI EDUCATION TRUST at £6.2m based on a Turnover of £7.3m and 0.84x industry multiple (adjusted for size and gross margin).
king edward vi education trust Estimated Valuation
Pomanda estimates the enterprise value of KING EDWARD VI EDUCATION TRUST at £5.8m based on an EBITDA of £1.2m and a 4.7x industry multiple (adjusted for size and gross margin).
king edward vi education trust Estimated Valuation
Pomanda estimates the enterprise value of KING EDWARD VI EDUCATION TRUST at £38.5m based on Net Assets of £16.6m and 2.31x industry multiple (adjusted for liquidity).
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King Edward Vi Education Trust Overview
King Edward Vi Education Trust is a live company located in louth, LN11 9LL with a Companies House number of 09635329. It operates in the other education n.e.c. sector, SIC Code 85590. Founded in June 2015, it's largest shareholder is unknown. King Edward Vi Education Trust is a young, mid sized company, Pomanda has estimated its turnover at £7.3m with healthy growth in recent years.
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King Edward Vi Education Trust Health Check
Pomanda's financial health check has awarded King Edward Vi Education Trust a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
2 Weak
Size
annual sales of £7.3m, make it larger than the average company (£4.4m)
£7.3m - King Edward Vi Education Trust
£4.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (5.8%)
13% - King Edward Vi Education Trust
5.8% - Industry AVG
Production
with a gross margin of 50.4%, this company has a comparable cost of product (50.4%)
50.4% - King Edward Vi Education Trust
50.4% - Industry AVG
Profitability
an operating margin of 12.9% make it more profitable than the average company (5.6%)
12.9% - King Edward Vi Education Trust
5.6% - Industry AVG
Employees
with 117 employees, this is above the industry average (84)
117 - King Edward Vi Education Trust
84 - Industry AVG
Pay Structure
on an average salary of £43.1k, the company has a higher pay structure (£34.7k)
£43.1k - King Edward Vi Education Trust
£34.7k - Industry AVG
Efficiency
resulting in sales per employee of £62.6k, this is more efficient (£51.4k)
£62.6k - King Edward Vi Education Trust
£51.4k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (6 days)
0 days - King Edward Vi Education Trust
6 days - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is close to average (21 days)
19 days - King Edward Vi Education Trust
21 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - King Edward Vi Education Trust
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 69 weeks, this is less cash available to meet short term requirements (103 weeks)
69 weeks - King Edward Vi Education Trust
103 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 5.6%, this is a lower level of debt than the average (14.2%)
5.6% - King Edward Vi Education Trust
14.2% - Industry AVG
KING EDWARD VI EDUCATION TRUST financials
King Edward Vi Education Trust's latest turnover from August 2023 is £7.3 million and the company has net assets of £16.6 million. According to their latest financial statements, King Edward Vi Education Trust has 117 employees and maintains cash reserves of £883.9 thousand 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 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 7,329,540 | 8,776,264 | 6,326,174 | 5,038,581 | 4,748,348 | 4,960,742 | 4,891,448 | 14,496,964 |
| 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 |
| Pre-Tax Profit | 742,486 | 2,665,121 | 985,514 | 70,405 | 143,822 | 156,448 | 72,409 | 9,882,138 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 742,486 | 2,665,121 | 985,514 | 70,405 | 143,822 | 156,448 | 72,409 | 9,882,138 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 742,486 | 2,665,121 | 985,514 | 70,405 | 143,822 | 156,448 | 72,409 | 9,882,138 |
| Employee Costs | 5,046,482 | 4,890,913 | 4,431,835 | 4,120,839 | 3,647,078 | 3,756,868 | 3,720,882 | 3,547,555 |
| Number Of Employees | 117 | 111 | 97 | 105 | 102 | 107 | 104 | 108 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 16,479,922 | 15,730,961 | 12,697,027 | 12,067,145 | 12,074,299 | 11,732,860 | 11,131,270 | 11,653,442 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 16,479,922 | 15,730,961 | 12,697,027 | 12,067,145 | 12,074,299 | 11,732,860 | 11,131,270 | 11,653,442 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 6,335 | 1,799 | 583 | 3,718 | 14,224 | 35,718 | 51,201 | 151,365 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 229,629 | 296,619 | 294,587 | 167,563 | 138,804 | 123,404 | 161,350 | 157,724 |
| Cash | 883,903 | 1,109,025 | 786,786 | 364,307 | 234,681 | 653,443 | 698,156 | 444,400 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 450,000 | 0 |
| total current assets | 1,119,867 | 1,407,443 | 1,081,956 | 535,588 | 387,709 | 812,565 | 1,360,707 | 753,489 |
| total assets | 17,599,789 | 17,138,404 | 13,778,983 | 12,602,733 | 12,462,008 | 12,545,425 | 12,491,977 | 12,406,931 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 195,040 | 546,169 | 163,931 | 139,284 | 110,522 | 395,678 | 65,154 | 132,318 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 22,447 | 22,447 | 20,221 | 20,070 | 19,921 | 19,772 | 569,551 | 29,163 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 447,599 | 343,548 | 263,515 | 233,356 | 326,877 | 354,188 | 356,331 | 397,123 |
| total current liabilities | 665,086 | 912,164 | 447,667 | 392,710 | 457,320 | 769,638 | 991,036 | 558,604 |
| loans | 25,360 | 47,383 | 61,580 | 81,801 | 101,871 | 121,792 | 151,394 | 711,189 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 318,360 | 763,383 | 3,284,580 | 2,728,801 | 2,099,871 | 1,534,792 | 1,720,394 | 2,516,189 |
| total liabilities | 983,446 | 1,675,547 | 3,732,247 | 3,121,511 | 2,557,191 | 2,304,430 | 2,711,430 | 3,074,793 |
| net assets | 16,616,343 | 15,462,857 | 10,046,736 | 9,481,222 | 9,904,817 | 10,240,995 | 9,780,547 | 9,332,138 |
| total shareholders funds | 16,616,343 | 15,462,857 | 10,046,736 | 9,481,222 | 9,904,817 | 10,240,995 | 9,780,547 | 9,332,138 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 279,481 | 210,899 | 100,764 | 64,358 | 49,583 | 61,807 | 143,168 | 38,126 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -62,454 | 3,248 | 123,889 | 18,253 | -6,094 | -53,429 | -96,538 | 309,089 |
| Creditors | -351,129 | 382,238 | 24,647 | 28,762 | -285,156 | 330,524 | -67,164 | 132,318 |
| Accruals and Deferred Income | 104,051 | 80,033 | 30,159 | -93,521 | -27,311 | -2,143 | -40,792 | 397,123 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | 351,504 | -70,996 | -136,384 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | 351,504 | -70,996 | -136,384 |
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 2,226 | 151 | 149 | 149 | -549,779 | 540,388 | 29,163 |
| Long term loans | -22,023 | -14,197 | -20,221 | -20,070 | -19,921 | -29,602 | -559,795 | 711,189 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 388,977 | 2,739,029 | -440,070 | -513,921 | -499,772 | -275,381 | 356,593 | 190,352 |
| cash and cash equivalents | ||||||||
| cash | -225,122 | 322,239 | 422,479 | 129,626 | -418,762 | -44,713 | 253,756 | 444,400 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -225,122 | 322,239 | 422,479 | 129,626 | -418,762 | -44,713 | 253,756 | 444,400 |
king edward vi education trust Credit Report and Business Information
King Edward Vi Education Trust Competitor Analysis
Perform a competitor analysis for king edward vi education trust by selecting its closest rivals, whether from the EDUCATION sector, other mid companies, companies in LN11 area or any other competitors across 12 key performance metrics.
king edward vi education trust Ownership
KING EDWARD VI EDUCATION TRUST group structure
King Edward Vi Education Trust has no subsidiary companies.
Ultimate parent company
KING EDWARD VI EDUCATION TRUST
09635329
king edward vi education trust directors
King Edward Vi Education Trust currently has 6 directors. The longest serving directors include Mr Robert Maltman (Oct 2022) and Dr Sarah Bailey (Oct 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Maltman | 56 years | Oct 2022 | - | Director | |
| Dr Sarah Bailey | 52 years | Oct 2022 | - | Director | |
| Mrs Charlotte Lauriston-Norris | 49 years | Jan 2023 | - | Director | |
| Mr Andrew Major | 52 years | Jan 2023 | - | Director | |
| Mr Justin Bateman | 39 years | Jan 2023 | - | Director | |
| Mr Michael Heatlie | 57 years | Jan 2023 | - | Director |
P&L
August 2023turnover
7.3m
-16%
operating profit
944.3k
0%
gross margin
50.5%
+1.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
16.6m
+0.07%
total assets
17.6m
+0.03%
cash
883.9k
-0.2%
net assets
Total assets minus all liabilities
king edward vi education trust company details
company number
09635329
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85200 - Primary education
85590 - Other education n.e.c.
85310 - General secondary education
incorporation date
June 2015
age
9
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
STREETS AUDIT LLP
address
king edward vi grammar school, edward street, louth, lincolnshire, LN11 9LL
Bank
LLOYDS TSB BANK PLC, LLOYDS TSB BANK PLC
Legal Advisor
WILKIN CHAPMAN
king edward vi education 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 king edward vi education trust.
king edward vi education 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.
Click to start generating capital raising & share issue transactions for KING EDWARD VI EDUCATION TRUST. This can take several minutes, an email will notify you when this has completed.
king edward vi education trust Companies House Filings - See Documents
| date | description | view/download |
|---|
