heritage skills academy limited
heritage skills academy limited Company Information
Company Number
10441329
Next Accounts
Sep 2025
Industry
Other business support service activities n.e.c.
Shareholders
john howard pitchforth
janice pitchforth
Group Structure
View All
Contact
Registered Address
building 90 bicester heritage, buckingham road, bicester, oxfordshire, OX27 8AL
Website
heritageskillsacademy.co.ukheritage skills academy limited Estimated Valuation
Pomanda estimates the enterprise value of HERITAGE SKILLS ACADEMY LIMITED at £437k based on a Turnover of £797.3k and 0.55x industry multiple (adjusted for size and gross margin).
heritage skills academy limited Estimated Valuation
Pomanda estimates the enterprise value of HERITAGE SKILLS ACADEMY LIMITED at £250.8k based on an EBITDA of £64.4k and a 3.9x industry multiple (adjusted for size and gross margin).
heritage skills academy limited Estimated Valuation
Pomanda estimates the enterprise value of HERITAGE SKILLS ACADEMY LIMITED at £332.8k based on Net Assets of £140.6k and 2.37x industry multiple (adjusted for liquidity).
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Heritage Skills Academy Limited Overview
Heritage Skills Academy Limited is a live company located in bicester, OX27 8AL with a Companies House number of 10441329. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in October 2016, it's largest shareholder is john howard pitchforth with a 50.5% stake. Heritage Skills Academy Limited is a young, small sized company, Pomanda has estimated its turnover at £797.3k with healthy growth in recent years.
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Heritage Skills Academy Limited Health Check
Pomanda's financial health check has awarded Heritage Skills Academy Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £797.3k, make it smaller than the average company (£4.8m)
- Heritage Skills Academy Limited
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (6.6%)
- Heritage Skills Academy Limited
6.6% - Industry AVG
Production
with a gross margin of 38.2%, this company has a comparable cost of product (38.2%)
- Heritage Skills Academy Limited
38.2% - Industry AVG
Profitability
an operating margin of 7.3% make it more profitable than the average company (5.7%)
- Heritage Skills Academy Limited
5.7% - Industry AVG
Employees
with 14 employees, this is below the industry average (27)
14 - Heritage Skills Academy Limited
27 - Industry AVG
Pay Structure
on an average salary of £54k, the company has an equivalent pay structure (£54k)
- Heritage Skills Academy Limited
£54k - Industry AVG
Efficiency
resulting in sales per employee of £57k, this is less efficient (£171.5k)
- Heritage Skills Academy Limited
£171.5k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (41 days)
- Heritage Skills Academy Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is quicker than average (32 days)
- Heritage Skills Academy Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Heritage Skills Academy Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 64 weeks, this is more cash available to meet short term requirements (22 weeks)
64 weeks - Heritage Skills Academy Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 44.9%, this is a lower level of debt than the average (62.4%)
44.9% - Heritage Skills Academy Limited
62.4% - Industry AVG
HERITAGE SKILLS ACADEMY LIMITED financials
Heritage Skills Academy Limited's latest turnover from December 2023 is estimated at £797.3 thousand and the company has net assets of £140.6 thousand. According to their latest financial statements, Heritage Skills Academy Limited has 14 employees and maintains cash reserves of £115.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Oct 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | |||||||
| Other Income Or Grants | |||||||
| Cost Of Sales | |||||||
| Gross Profit | |||||||
| Admin Expenses | |||||||
| Operating Profit | |||||||
| Interest Payable | |||||||
| Interest Receivable | |||||||
| Pre-Tax Profit | |||||||
| Tax | |||||||
| Profit After Tax | |||||||
| Dividends Paid | |||||||
| Retained Profit | |||||||
| Employee Costs | |||||||
| Number Of Employees | 14 | 14 | 12 | 9 | 5 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Oct 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 28,432 | 33,645 | 5,846 | 0 | 0 | 0 | 0 |
| Intangible Assets | 7,500 | 8,333 | 9,167 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 35,932 | 41,978 | 15,013 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 6,619 | 24,316 | 97,650 | 37,275 | 41,860 | 20,824 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 96,484 | 95,782 | 9,009 | 47,998 | 100 | 100 | 100 |
| Cash | 115,922 | 34,023 | 75,948 | 86,187 | 47,786 | 19,514 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 219,025 | 154,121 | 182,607 | 171,460 | 89,746 | 40,438 | 100 |
| total assets | 254,957 | 196,099 | 197,620 | 171,460 | 89,746 | 40,438 | 100 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 10,000 | 10,000 | 10,000 | 0 | 0 | 0 | 0 |
| Trade Creditors | 15,517 | 10,963 | 16,065 | 22,376 | 33,327 | 9,759 | 0 |
| Group/Directors Accounts | 1 | 1 | 1 | 13,464 | 23,982 | 29,233 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 67,991 | 46,598 | 48,146 | 46,012 | 31,370 | 1,144 | 0 |
| total current liabilities | 93,509 | 67,562 | 74,212 | 81,852 | 88,679 | 40,136 | 0 |
| loans | 14,000 | 24,167 | 34,167 | 50,000 | 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 | 6,827 | 7,976 | 2,852 | 0 | 0 | 0 | 0 |
| total long term liabilities | 20,827 | 32,143 | 37,019 | 50,000 | 0 | 0 | 0 |
| total liabilities | 114,336 | 99,705 | 111,231 | 131,852 | 88,679 | 40,136 | 0 |
| net assets | 140,621 | 96,394 | 86,389 | 39,608 | 1,067 | 302 | 100 |
| total shareholders funds | 140,621 | 96,394 | 86,389 | 39,608 | 1,067 | 302 | 100 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Oct 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 5,213 | 5,100 | 634 | 0 | 0 | 0 | 0 |
| Amortisation | 833 | 834 | 833 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -16,995 | 13,439 | 21,386 | 43,313 | 21,036 | 20,824 | 100 |
| Creditors | 4,554 | -5,102 | -6,311 | -10,951 | 23,568 | 9,759 | 0 |
| Accruals and Deferred Income | 21,393 | -1,548 | 2,134 | 14,642 | 30,226 | 1,144 | 0 |
| Deferred Taxes & Provisions | -1,149 | 5,124 | 2,852 | 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 | 10,000 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -13,463 | -10,518 | -5,251 | 29,233 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -10,167 | -10,000 | -15,833 | 50,000 | 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 | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 81,899 | -41,925 | -10,239 | 38,401 | 28,272 | 19,514 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 81,899 | -41,925 | -10,239 | 38,401 | 28,272 | 19,514 | 0 |
heritage skills academy limited Credit Report and Business Information
Heritage Skills Academy Limited Competitor Analysis
Perform a competitor analysis for heritage skills academy limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in OX27 area or any other competitors across 12 key performance metrics.
heritage skills academy limited Ownership
HERITAGE SKILLS ACADEMY LIMITED group structure
Heritage Skills Academy Limited has no subsidiary companies.
Ultimate parent company
HERITAGE SKILLS ACADEMY LIMITED
10441329
heritage skills academy limited directors
Heritage Skills Academy Limited currently has 2 directors. The longest serving directors include Mrs Janice Pitchforth (Jan 2018) and Mr John Pitchforth (Apr 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Janice Pitchforth | England | 58 years | Jan 2018 | - | Director |
| Mr John Pitchforth | England | 63 years | Apr 2018 | - | Director |
P&L
December 2023turnover
797.3k
-1%
operating profit
58.3k
0%
gross margin
38.2%
-0.62%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
140.6k
+0.46%
total assets
255k
+0.3%
cash
115.9k
+2.41%
net assets
Total assets minus all liabilities
Similar Companies
heritage skills academy limited company details
company number
10441329
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
October 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
formula 1 marine ltd (July 2018)
accountant
RS PARTNERSHIP LTD
auditor
-
address
building 90 bicester heritage, buckingham road, bicester, oxfordshire, OX27 8AL
Bank
-
Legal Advisor
-
heritage skills academy 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 did not find charges/mortgages relating to heritage skills academy limited.
heritage skills academy limited Capital Raised & Share Issues BETA
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heritage skills academy limited Companies House Filings - See Documents
| date | description | view/download |
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