the education network (birmingham) limited Company Information
Company Number
09724530
Next Accounts
103 days late
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
Shareholders
network healthcare professionals limited
marie quarterman
Group Structure
View All
Contact
Registered Address
meriden hall main road, meriden, coventry, CV7 7PT
the education network (birmingham) limited Estimated Valuation
Pomanda estimates the enterprise value of THE EDUCATION NETWORK (BIRMINGHAM) LIMITED at £385.3k based on a Turnover of £2.1m and 0.18x industry multiple (adjusted for size and gross margin).
the education network (birmingham) limited Estimated Valuation
Pomanda estimates the enterprise value of THE EDUCATION NETWORK (BIRMINGHAM) LIMITED at £800.3k based on an EBITDA of £250.2k and a 3.2x industry multiple (adjusted for size and gross margin).
the education network (birmingham) limited Estimated Valuation
Pomanda estimates the enterprise value of THE EDUCATION NETWORK (BIRMINGHAM) LIMITED at £312.9k based on Net Assets of £194.2k and 1.61x industry multiple (adjusted for liquidity).
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The Education Network (birmingham) Limited Overview
The Education Network (birmingham) Limited is a live company located in coventry, CV7 7PT with a Companies House number of 09724530. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in August 2015, it's largest shareholder is network healthcare professionals limited with a 75.1% stake. The Education Network (birmingham) Limited is a young, small sized company, Pomanda has estimated its turnover at £2.1m with rapid growth in recent years.
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The Education Network (birmingham) Limited Health Check
Pomanda's financial health check has awarded The Education Network (Birmingham) Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
2 Weak
Size
annual sales of £2.1m, make it smaller than the average company (£8.7m)
£2.1m - The Education Network (birmingham) Limited
£8.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 64%, show it is growing at a faster rate (3.1%)
64% - The Education Network (birmingham) Limited
3.1% - Industry AVG
Production
with a gross margin of 30.2%, this company has a comparable cost of product (26.8%)
30.2% - The Education Network (birmingham) Limited
26.8% - Industry AVG
Profitability
an operating margin of 11.8% make it more profitable than the average company (4.9%)
11.8% - The Education Network (birmingham) Limited
4.9% - Industry AVG
Employees
with 8 employees, this is below the industry average (37)
8 - The Education Network (birmingham) Limited
37 - Industry AVG
Pay Structure
on an average salary of £53.8k, the company has an equivalent pay structure (£53.8k)
- The Education Network (birmingham) Limited
£53.8k - Industry AVG
Efficiency
resulting in sales per employee of £264.4k, this is more efficient (£199.8k)
£264.4k - The Education Network (birmingham) Limited
£199.8k - Industry AVG
Debtor Days
it gets paid by customers after 43 days, this is near the average (50 days)
43 days - The Education Network (birmingham) Limited
50 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - The Education Network (birmingham) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Education Network (birmingham) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - The Education Network (birmingham) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 36.3%, this is a lower level of debt than the average (68.1%)
36.3% - The Education Network (birmingham) Limited
68.1% - Industry AVG
THE EDUCATION NETWORK (BIRMINGHAM) LIMITED financials
The Education Network (Birmingham) Limited's latest turnover from December 2022 is £2.1 million and the company has net assets of £194.2 thousand. According to their latest financial statements, The Education Network (Birmingham) Limited has 8 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
---|---|---|---|---|---|---|---|
Turnover | 2,115,437 | 986,841 | 410,716 | 478,413 | 892,965 | 1,114,708 | 418,389 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 1,477,091 | 697,037 | 300,042 | 340,440 | 645,500 | 816,298 | 224,761 |
Gross Profit | 638,346 | 289,804 | 110,674 | 137,973 | 247,465 | 298,410 | 193,628 |
Admin Expenses | |||||||
Operating Profit | |||||||
Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Pre-Tax Profit | 250,557 | 76,640 | -88,541 | -85,131 | 7,823 | 16,582 | 63,423 |
Tax | -48,204 | -14,562 | 16,827 | 15,539 | -1,538 | -3,519 | -12,695 |
Profit After Tax | 202,353 | 62,078 | -71,714 | -69,592 | 6,285 | 13,063 | 50,728 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Profit | 202,353 | 62,078 | -71,714 | -69,592 | 6,285 | 13,063 | 50,728 |
Employee Costs | |||||||
Number Of Employees | 8 | 5 | 4 | 4 | 4 | 5 | 3 |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
---|---|---|---|---|---|---|---|
Tangible Assets | 0 | 0 | 0 | 0 | 0 | 343 | 1,236 |
Intangible Assets | 1,273 | 1,616 | 1,957 | 2,281 | 2,605 | 2,929 | 3,186 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 1,273 | 1,616 | 1,957 | 2,281 | 2,605 | 3,272 | 4,422 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 252,476 | 180,286 | 74,328 | 44,192 | 53,778 | 134,710 | 113,041 |
Group Debtors | 37,842 | 0 | 0 | 0 | 21,523 | 0 | 0 |
Misc Debtors | 13,334 | 10,154 | 11,595 | 12,336 | 1,876 | 8,429 | 6,163 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 303,652 | 190,440 | 85,923 | 56,528 | 77,177 | 143,139 | 119,204 |
total assets | 304,925 | 192,056 | 87,880 | 58,809 | 79,782 | 146,411 | 123,626 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 178,879 | 147,645 | 49,261 | 0 | 60,705 | 49,256 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 110,724 | 21,329 | 10,465 | 8,064 | 8,706 | 21,914 | 23,641 |
total current liabilities | 110,724 | 200,208 | 158,110 | 57,325 | 8,706 | 82,619 | 72,897 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 110,724 | 200,208 | 158,110 | 57,325 | 8,706 | 82,619 | 72,897 |
net assets | 194,201 | -8,152 | -70,230 | 1,484 | 71,076 | 63,792 | 50,729 |
total shareholders funds | 194,201 | -8,152 | -70,230 | 1,484 | 71,076 | 63,792 | 50,729 |
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
---|---|---|---|---|---|---|---|
Operating Activities | |||||||
Operating Profit | |||||||
Depreciation | 0 | 0 | 0 | 0 | 343 | 893 | 340 |
Amortisation | 343 | 341 | 0 | 324 | 324 | 257 | 54 |
Tax | -48,204 | -14,562 | 16,827 | 15,539 | -1,538 | -3,519 | -12,695 |
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 113,212 | 104,517 | 29,395 | -20,649 | -65,962 | 23,935 | 119,204 |
Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 89,395 | 10,864 | 2,401 | -642 | -13,208 | -1,727 | 23,641 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||
Investing Activities | |||||||
capital expenditure | |||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||
Financing Activities | |||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | -178,879 | 31,234 | 98,384 | 49,261 | -60,705 | 11,449 | 49,256 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||
interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from financing | -178,879 | 31,234 | 98,384 | 49,261 | -59,706 | 11,449 | 49,257 |
cash and cash equivalents | |||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
the education network (birmingham) limited Credit Report and Business Information
The Education Network (birmingham) Limited Competitor Analysis
Perform a competitor analysis for the education network (birmingham) limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in CV7 area or any other competitors across 12 key performance metrics.
the education network (birmingham) limited Ownership
THE EDUCATION NETWORK (BIRMINGHAM) LIMITED group structure
The Education Network (Birmingham) Limited has no subsidiary companies.
Ultimate parent company
2 parents
THE EDUCATION NETWORK (BIRMINGHAM) LIMITED
09724530
the education network (birmingham) limited directors
The Education Network (Birmingham) Limited currently has 5 directors. The longest serving directors include Mr Paul Davis (Aug 2015) and Mrs Marie Quarterman (Oct 2016).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Paul Davis | 51 years | Aug 2015 | - | Director | |
Mrs Marie Quarterman | United Kingdom | 63 years | Oct 2016 | - | Director |
Mr Paul Hanke | 69 years | Oct 2016 | - | Director | |
Mr Stephen West | 60 years | Jul 2022 | - | Director | |
Mr Harry Chase | United Kingdom | 30 years | Sep 2023 | - | Director |
P&L
December 2022turnover
2.1m
+114%
operating profit
249.8k
0%
gross margin
30.2%
+2.75%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
194.2k
-24.82%
total assets
304.9k
+0.59%
cash
0
0%
net assets
Total assets minus all liabilities
the education network (birmingham) limited company details
company number
09724530
Type
Private limited with Share Capital
industry
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
incorporation date
August 2015
age
9
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2022
previous names
N/A
accountant
-
auditor
CLA EVELYN PARTNERS LIMITED
address
meriden hall main road, meriden, coventry, CV7 7PT
Bank
-
Legal Advisor
-
the education network (birmingham) limited 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 found 4 charges/mortgages relating to the education network (birmingham) limited. Currently there are 4 open charges and 0 have been satisfied in the past.
the education network (birmingham) limited 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 education network (birmingham) limited Companies House Filings - See Documents
date | description | view/download |
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