riviera education trust
riviera education trust Company Information
Company Number
09751294
Next Accounts
May 2025
Industry
Primary education
Shareholders
-
Group Structure
View All
Contact
Registered Address
c/o oldway primary school, higher polsham road, paignton, devon, TQ3 2SY
Website
www.rivieratrust.co.ukriviera education trust Estimated Valuation
Pomanda estimates the enterprise value of RIVIERA EDUCATION TRUST at £9m based on a Turnover of £8.5m and 1.06x industry multiple (adjusted for size and gross margin).
riviera education trust Estimated Valuation
Pomanda estimates the enterprise value of RIVIERA EDUCATION TRUST at £0 based on an EBITDA of £-14.6k and a 5.37x industry multiple (adjusted for size and gross margin).
riviera education trust Estimated Valuation
Pomanda estimates the enterprise value of RIVIERA EDUCATION TRUST at £34m based on Net Assets of £13.7m and 2.49x industry multiple (adjusted for liquidity).
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Riviera Education Trust Overview
Riviera Education Trust is a live company located in paignton, TQ3 2SY with a Companies House number of 09751294. It operates in the primary education sector, SIC Code 85200. Founded in August 2015, it's largest shareholder is unknown. Riviera Education Trust is a young, mid sized company, Pomanda has estimated its turnover at £8.5m with low growth in recent years.
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Riviera Education Trust Health Check
Pomanda's financial health check has awarded Riviera Education Trust a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £8.5m, make it larger than the average company (£4.2m)
£8.5m - Riviera Education Trust
£4.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (5.6%)
3% - Riviera Education Trust
5.6% - Industry AVG
Production
with a gross margin of 42%, this company has a comparable cost of product (42%)
42% - Riviera Education Trust
42% - Industry AVG
Profitability
an operating margin of -5% make it less profitable than the average company (5.2%)
-5% - Riviera Education Trust
5.2% - Industry AVG
Employees
with 235 employees, this is above the industry average (92)
235 - Riviera Education Trust
92 - Industry AVG
Pay Structure
on an average salary of £30.2k, the company has an equivalent pay structure (£33.3k)
£30.2k - Riviera Education Trust
£33.3k - Industry AVG
Efficiency
resulting in sales per employee of £36.2k, this is less efficient (£45.7k)
£36.2k - Riviera Education Trust
£45.7k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is later than average (1 days)
2 days - Riviera Education Trust
1 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (19 days)
6 days - Riviera Education Trust
19 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Riviera Education Trust
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 79 weeks, this is less cash available to meet short term requirements (100 weeks)
79 weeks - Riviera Education Trust
100 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 9.5%, this is a lower level of debt than the average (11.3%)
9.5% - Riviera Education Trust
11.3% - Industry AVG
RIVIERA EDUCATION TRUST financials
Riviera Education Trust's latest turnover from August 2023 is £8.5 million and the company has net assets of £13.7 million. According to their latest financial statements, Riviera Education Trust has 235 employees and maintains cash reserves of £1.2 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 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 8,500,949 | 7,988,455 | 7,774,303 | 7,801,393 | 10,132,118 | 4,324,687 | 4,179,142 | 14,950,654 |
| 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 | -394,629 | -1,029,748 | -430,298 | -49,038 | 2,291,762 | -726,693 | -909,058 | 10,315,360 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -394,629 | -1,029,748 | -430,298 | -49,038 | 2,291,762 | -726,693 | -909,058 | 10,315,360 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -394,629 | -1,029,748 | -430,298 | -49,038 | 2,291,762 | -726,693 | -909,058 | 10,315,360 |
| Employee Costs | 7,095,135 | 7,136,365 | 6,530,208 | 5,912,186 | 5,804,224 | 3,653,163 | 3,741,564 | 3,270,533 |
| Number Of Employees | 235 | 242 | 225 | 240 | 247 | 194 | 191 | 203 |
| 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 | 13,646,289 | 13,993,556 | 13,851,101 | 13,512,533 | 13,648,960 | 9,995,558 | 10,560,872 | 11,114,316 |
| 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 | 13,646,289 | 13,993,556 | 13,851,101 | 13,512,533 | 13,648,960 | 9,995,558 | 10,560,872 | 11,114,316 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 49,651 | 10,240 | 1,386 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 210,899 | 302,075 | 420,781 | 672,810 | 186,103 | 164,850 | 74,278 | 71,595 |
| Cash | 1,170,668 | 1,048,257 | 840,999 | 709,742 | 714,489 | 759,258 | 728,328 | 735,810 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,431,218 | 1,360,572 | 1,263,166 | 1,382,552 | 900,592 | 924,108 | 802,606 | 807,405 |
| total assets | 15,077,507 | 15,354,128 | 15,114,267 | 14,895,085 | 14,549,552 | 10,919,666 | 11,363,478 | 11,921,721 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 89,771 | 122,987 | 29,698 | 0 | 0 | 0 | 47 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 38,474 | 38,475 | 3,467 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 635,234 | 663,534 | 525,061 | 539,752 | 508,181 | 576,057 | 603,129 | 532,361 |
| total current liabilities | 763,479 | 824,996 | 558,226 | 539,752 | 508,181 | 576,057 | 603,176 | 532,361 |
| loans | 192,371 | 230,846 | 52,006 | 0 | 0 | 0 | 0 | 0 |
| 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 | 662,371 | 1,451,846 | 6,019,006 | 4,947,000 | 4,050,000 | 1,852,000 | 2,109,000 | 2,009,000 |
| total liabilities | 1,425,850 | 2,276,842 | 6,577,232 | 5,486,752 | 4,558,181 | 2,428,057 | 2,712,176 | 2,541,361 |
| net assets | 13,651,657 | 13,077,286 | 8,537,035 | 9,408,333 | 9,991,371 | 8,491,609 | 8,651,302 | 9,380,360 |
| total shareholders funds | 13,651,657 | 13,077,286 | 8,537,035 | 9,408,333 | 9,991,371 | 8,491,609 | 8,651,302 | 9,380,360 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 410,139 | 403,252 | 389,261 | 710,297 | 678,282 | 589,702 | 584,458 | 525,899 |
| 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 | -51,765 | -109,852 | -250,643 | 486,707 | 21,253 | 90,572 | 2,683 | 71,595 |
| Creditors | -33,216 | 93,289 | 29,698 | 0 | 0 | -47 | 47 | 0 |
| Accruals and Deferred Income | -28,300 | 138,473 | -14,691 | 31,571 | -67,876 | -27,072 | 70,768 | 532,361 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -24,388 | -11,998 | 27,570 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | -24,388 | -11,998 | 27,570 |
| 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 | -1 | 35,008 | 3,467 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -38,475 | 178,840 | 52,006 | 0 | 0 | 0 | 0 | 0 |
| 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 | 930,524 | 5,783,847 | -385,527 | -534,000 | -792,000 | 567,000 | 180,000 | -935,000 |
| cash and cash equivalents | ||||||||
| cash | 122,411 | 207,258 | 131,257 | -4,747 | -44,769 | 30,930 | -7,482 | 735,810 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 122,411 | 207,258 | 131,257 | -4,747 | -44,769 | 30,930 | -7,482 | 735,810 |
riviera education trust Credit Report and Business Information
Riviera Education Trust Competitor Analysis
Perform a competitor analysis for riviera education trust by selecting its closest rivals, whether from the EDUCATION sector, other mid companies, companies in TQ3 area or any other competitors across 12 key performance metrics.
riviera education trust Ownership
RIVIERA EDUCATION TRUST group structure
Riviera Education Trust has no subsidiary companies.
Ultimate parent company
RIVIERA EDUCATION TRUST
09751294
riviera education trust directors
Riviera Education Trust currently has 7 directors. The longest serving directors include Mr Matthew Redwood (Aug 2015) and Mr Jamie Parffrey (Aug 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Matthew Redwood | United Kingdom | 66 years | Aug 2015 | - | Director |
| Mr Jamie Parffrey | United Kingdom | 46 years | Aug 2015 | - | Director |
| Mr Stewart Biddles | United Kingdom | 50 years | Aug 2015 | - | Director |
| Mr Paul Garside | 55 years | Oct 2015 | - | Director | |
| Mrs Philipa Bennett | United Kingdom | 60 years | Oct 2021 | - | Director |
| Ms Suzannah Teagle | United Kingdom | 47 years | Oct 2021 | - | Director |
| Mrs Alice Bessell | England | 31 years | Dec 2023 | - | Director |
P&L
August 2023turnover
8.5m
+6%
operating profit
-424.7k
0%
gross margin
42%
+3.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
13.7m
+0.04%
total assets
15.1m
-0.02%
cash
1.2m
+0.12%
net assets
Total assets minus all liabilities
riviera education trust company details
company number
09751294
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85200 - Primary education
incorporation date
August 2015
age
9
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
August 2023
previous names
riviera primary academy trust (July 2017)
accountant
-
auditor
BISHOP FLEMING LLP
address
c/o oldway primary school, higher polsham road, paignton, devon, TQ3 2SY
Bank
LLOYDS TSB BANK PLC
Legal Advisor
PHP LAW
riviera 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 riviera education trust.
riviera 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.
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riviera education trust Companies House Filings - See Documents
| date | description | view/download |
|---|
