the ron dearing utc
the ron dearing utc Company Information
Company Number
10009591
Next Accounts
May 2025
Industry
Technical and vocational secondary education
Shareholders
-
Group Structure
View All
Contact
Registered Address
ron dearing utc kingston square, hull, HU2 8BQ
Website
http://rondearingutc.comthe ron dearing utc Estimated Valuation
Pomanda estimates the enterprise value of THE RON DEARING UTC at £12.1m based on a Turnover of £8.6m and 1.41x industry multiple (adjusted for size and gross margin).
the ron dearing utc Estimated Valuation
Pomanda estimates the enterprise value of THE RON DEARING UTC at £27.8m based on an EBITDA of £3.5m and a 8.04x industry multiple (adjusted for size and gross margin).
the ron dearing utc Estimated Valuation
Pomanda estimates the enterprise value of THE RON DEARING UTC at £38.1m based on Net Assets of £14.5m and 2.63x industry multiple (adjusted for liquidity).
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The Ron Dearing Utc Overview
The Ron Dearing Utc is a live company located in hull, HU2 8BQ with a Companies House number of 10009591. It operates in the technical and vocational secondary education sector, SIC Code 85320. Founded in February 2016, it's largest shareholder is unknown. The Ron Dearing Utc is a young, mid sized company, Pomanda has estimated its turnover at £8.6m with high growth in recent years.
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The Ron Dearing Utc Health Check
Pomanda's financial health check has awarded The Ron Dearing Utc a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs
8 Strong
1 Regular
2 Weak
Size
annual sales of £8.6m, make it larger than the average company (£1.1m)
£8.6m - The Ron Dearing Utc
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (4.9%)
28% - The Ron Dearing Utc
4.9% - Industry AVG
Production
with a gross margin of 50.8%, this company has a comparable cost of product (50.8%)
50.8% - The Ron Dearing Utc
50.8% - Industry AVG
Profitability
an operating margin of 36.4% make it more profitable than the average company (5.5%)
36.4% - The Ron Dearing Utc
5.5% - Industry AVG
Employees
with 91 employees, this is above the industry average (22)
91 - The Ron Dearing Utc
22 - Industry AVG
Pay Structure
on an average salary of £50.1k, the company has a higher pay structure (£33.3k)
£50.1k - The Ron Dearing Utc
£33.3k - Industry AVG
Efficiency
resulting in sales per employee of £94.8k, this is more efficient (£62.9k)
£94.8k - The Ron Dearing Utc
£62.9k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (16 days)
3 days - The Ron Dearing Utc
16 days - Industry AVG
Creditor Days
its suppliers are paid after 37 days, this is slower than average (28 days)
37 days - The Ron Dearing Utc
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Ron Dearing Utc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (75 weeks)
4 weeks - The Ron Dearing Utc
75 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 5.1%, this is a lower level of debt than the average (19.7%)
5.1% - The Ron Dearing Utc
19.7% - Industry AVG
THE RON DEARING UTC financials
The Ron Dearing Utc's latest turnover from August 2023 is £8.6 million and the company has net assets of £14.5 million. According to their latest financial statements, The Ron Dearing Utc has 91 employees and maintains cash reserves of £64.8 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 | 8,626,301 | 16,428,802 | 4,745,620 | 4,094,322 | 3,629,405 | 3,171,831 | 520,534 | 0 |
| Other Income Or Grants | 0 | |||||||
| Cost Of Sales | 0 | |||||||
| Gross Profit | 0 | |||||||
| Admin Expenses | 0 | |||||||
| Operating Profit | 0 | |||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 2,378,435 | 10,783,418 | -53,461 | -198,592 | -15,960 | 637,809 | 230,644 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 2,378,435 | 10,783,418 | -53,461 | -198,592 | -15,960 | 637,809 | 230,644 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 2,378,435 | 10,783,418 | -53,461 | -198,592 | -15,960 | 637,809 | 230,644 | 0 |
| Employee Costs | 4,563,191 | 4,194,823 | 3,630,086 | 3,021,844 | 2,383,093 | 1,461,763 | 95,610 | 0 |
| Number Of Employees | 91 | 84 | 80 | 71 | 56 | 33 | 2 | |
| EBITDA* | 0 |
* 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 | 14,706,022 | 11,423,595 | 192,043 | 301,480 | 589,229 | 842,048 | 232,748 | 0 |
| 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 | 14,706,022 | 11,423,595 | 192,043 | 301,480 | 589,229 | 842,048 | 232,748 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 81,192 | 44,092 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 428,763 | 1,064,285 | 91,608 | 86,487 | 46,531 | 66,833 | 59,699 | 0 |
| Cash | 64,810 | 1,179,206 | 1,193,648 | 761,125 | 693,984 | 244,886 | 189,981 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 574,765 | 2,287,583 | 1,285,256 | 847,612 | 740,515 | 311,719 | 249,680 | 0 |
| total assets | 15,280,787 | 13,711,178 | 1,477,299 | 1,149,092 | 1,329,744 | 1,153,767 | 482,428 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 433,436 | 1,007,692 | 118,304 | 64,223 | 66,597 | 50,501 | 122,843 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 339,059 | 647,629 | 363,556 | 196,969 | 293,655 | 172,814 | 128,942 | 0 |
| total current liabilities | 772,495 | 1,655,321 | 481,860 | 261,192 | 360,252 | 223,315 | 251,785 | 0 |
| loans | 0 | 0 | 0 | 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 | 0 | 158,000 | 892,000 | 535,000 | 158,000 | 45,000 | 0 | 0 |
| total liabilities | 772,495 | 1,813,321 | 1,373,860 | 796,192 | 518,252 | 268,315 | 251,785 | 0 |
| net assets | 14,508,292 | 11,897,857 | 103,439 | 352,900 | 811,492 | 885,452 | 230,643 | 0 |
| total shareholders funds | 14,508,292 | 11,897,857 | 103,439 | 352,900 | 811,492 | 885,452 | 230,643 | 0 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 0 | |||||||
| Depreciation | 317,736 | 334,307 | 198,299 | 419,019 | 396,181 | 302,207 | 890 | |
| 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 | -598,422 | 1,016,769 | 5,121 | 39,956 | -20,302 | 7,134 | 59,699 | 0 |
| Creditors | -574,256 | 889,388 | 54,081 | -2,374 | 16,096 | -72,342 | 122,843 | 0 |
| Accruals and Deferred Income | -308,570 | 284,073 | 166,587 | -96,686 | 120,841 | 43,872 | 128,942 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | 151,007 | 0 | 0 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | 151,007 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 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 | 232,000 | 1,011,000 | -196,000 | -260,000 | -58,000 | 17,000 | -1 | 0 |
| cash and cash equivalents | ||||||||
| cash | -1,114,396 | -14,442 | 432,523 | 67,141 | 449,098 | 54,905 | 189,981 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,114,396 | -14,442 | 432,523 | 67,141 | 449,098 | 54,905 | 189,981 | 0 |
the ron dearing utc Credit Report and Business Information
The Ron Dearing Utc Competitor Analysis
Perform a competitor analysis for the ron dearing utc by selecting its closest rivals, whether from the EDUCATION sector, other mid companies, companies in HU2 area or any other competitors across 12 key performance metrics.
the ron dearing utc Ownership
THE RON DEARING UTC group structure
The Ron Dearing Utc has no subsidiary companies.
Ultimate parent company
THE RON DEARING UTC
10009591
the ron dearing utc directors
The Ron Dearing Utc currently has 14 directors. The longest serving directors include Mr John Connolly (Jun 2016) and Mrs Karen Arundel (Jan 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Connolly | England | 47 years | Jun 2016 | - | Director |
| Mrs Karen Arundel | England | 52 years | Jan 2017 | - | Director |
| Mrs Yvonne Moir | England | 60 years | Jan 2017 | - | Director |
| Mr Richard Martin | England | 52 years | Oct 2017 | - | Director |
| Mr Neil Cavill | England | 59 years | Jun 2021 | - | Director |
| Mr Jon Klemp | United Kingdom | 49 years | Jun 2021 | - | Director |
| Mr John Hutchinson | England | 63 years | Feb 2022 | - | Director |
| Mr Jason Speedy | 51 years | Feb 2022 | - | Director | |
| Mr Tim Shaw | England | 50 years | Mar 2022 | - | Director |
| Miss Laura Botham | England | 37 years | May 2022 | - | Director |
P&L
August 2023turnover
8.6m
-47%
operating profit
3.1m
0%
gross margin
50.8%
+4.96%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
14.5m
+0.22%
total assets
15.3m
+0.11%
cash
64.8k
-0.95%
net assets
Total assets minus all liabilities
the ron dearing utc company details
company number
10009591
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85320 - Technical and vocational secondary education
incorporation date
February 2016
age
8
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
August 2023
previous names
the ron dearing utc limited (February 2017)
r d enterprises limited (March 2016)
accountant
-
auditor
SMALLES GOLDIE
address
ron dearing utc kingston square, hull, HU2 8BQ
Bank
LLOYDS TSB BANK PLC
Legal Advisor
ROLLITS LLP
the ron dearing utc 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 the ron dearing utc.
the ron dearing utc Companies House Filings - See Documents
| date | description | view/download |
|---|
