myrtlefield trust - the
myrtlefield trust - the Company Information
Company Number
NI070123
Next Accounts
Sep 2025
Industry
Technical and vocational secondary education
Shareholders
-
Group Structure
View All
Contact
Registered Address
5 pine hill, lisburn, antrim, BT27 5PL
Website
www.myrtlefieldhouse.commyrtlefield trust - the Estimated Valuation
Pomanda estimates the enterprise value of MYRTLEFIELD TRUST - THE at £146.8k based on a Turnover of £128.1k and 1.15x industry multiple (adjusted for size and gross margin).
myrtlefield trust - the Estimated Valuation
Pomanda estimates the enterprise value of MYRTLEFIELD TRUST - THE at £0 based on an EBITDA of £-95.5k and a 6.55x industry multiple (adjusted for size and gross margin).
myrtlefield trust - the Estimated Valuation
Pomanda estimates the enterprise value of MYRTLEFIELD TRUST - THE at £2.3m based on Net Assets of £892.2k and 2.63x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Myrtlefield Trust - The Overview
Myrtlefield Trust - The is a live company located in antrim, BT27 5PL with a Companies House number of NI070123. It operates in the technical and vocational secondary education sector, SIC Code 85320. Founded in August 2008, it's largest shareholder is unknown. Myrtlefield Trust - The is a established, micro sized company, Pomanda has estimated its turnover at £128.1k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Myrtlefield Trust - The Health Check
Pomanda's financial health check has awarded Myrtlefield Trust - The a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £128.1k, make it smaller than the average company (£905.6k)
£128.1k - Myrtlefield Trust - The
£905.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (6.7%)
-8% - Myrtlefield Trust - The
6.7% - Industry AVG
Production
with a gross margin of 49.3%, this company has a comparable cost of product (49.3%)
49.3% - Myrtlefield Trust - The
49.3% - Industry AVG
Profitability
an operating margin of -75.1% make it less profitable than the average company (5.4%)
-75.1% - Myrtlefield Trust - The
5.4% - Industry AVG
Employees
with 6 employees, this is below the industry average (18)
6 - Myrtlefield Trust - The
18 - Industry AVG
Pay Structure
on an average salary of £19.2k, the company has a lower pay structure (£33.3k)
£19.2k - Myrtlefield Trust - The
£33.3k - Industry AVG
Efficiency
resulting in sales per employee of £21.3k, this is less efficient (£66.6k)
£21.3k - Myrtlefield Trust - The
£66.6k - Industry AVG
Debtor Days
it gets paid by customers after 20 days, this is near the average (20 days)
20 days - Myrtlefield Trust - The
20 days - Industry AVG
Creditor Days
its suppliers are paid after 42 days, this is slower than average (29 days)
42 days - Myrtlefield Trust - The
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Myrtlefield Trust - The
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2500 weeks, this is more cash available to meet short term requirements (75 weeks)
2500 weeks - Myrtlefield Trust - The
75 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1.2%, this is a lower level of debt than the average (23.3%)
1.2% - Myrtlefield Trust - The
23.3% - Industry AVG
MYRTLEFIELD TRUST - THE financials
Myrtlefield Trust - The's latest turnover from December 2023 is £128.1 thousand and the company has net assets of £892.2 thousand. According to their latest financial statements, Myrtlefield Trust - The has 6 employees and maintains cash reserves of £525.7 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 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 128,058 | 1,110,303 | 206,724 | 166,800 | 151,310 | 129,505 | 133,574 | 256,950 | 122,170 | 31,588 | 32,363 | 52,258 | |||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Pre-Tax Profit | -56,246 | 850,874 | 28,616 | 38,395 | -13,336 | -6,770 | -35,274 | 78,797 | -35,338 | -176,143 | -213,199 | -63,252 | |||
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Profit After Tax | -56,246 | 850,874 | 28,616 | 38,395 | -13,336 | -6,770 | -35,274 | 78,797 | -35,338 | -176,143 | -213,199 | -63,252 | |||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Retained Profit | -56,246 | 850,874 | 28,616 | 38,395 | -13,336 | -6,770 | -35,274 | 78,797 | -35,338 | -176,143 | -213,199 | -63,252 | |||
| Employee Costs | 115,178 | 121,576 | 127,752 | 92,462 | 89,132 | 78,710 | 57,381 | 56,805 | 43,674 | 40,269 | 46,844 | 36,159 | |||
| Number Of Employees | 6 | 6 | 6 | 4 | 4 | 4 | 3 | 3 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 149 | 841 | 1,210 | 766 | 1,470 | 169 | 668 | 1,185 | 400 | 533 | 711 | 1,072 | 1,822 | 1,840 | 2,557 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 149 | 841 | 1,210 | 766 | 1,470 | 169 | 668 | 1,185 | 400 | 533 | 711 | 1,072 | 1,822 | 1,840 | 2,557 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 7,229 | 4,178 | 2,638 | 7,733 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29 | 25 | 15 | 7,844 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 370,000 | 0 | 0 | 198 | 197 | 197 | 98 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 525,711 | 996,447 | 97,738 | 67,524 | 37,785 | 53,215 | 56,822 | 93,468 | 13,897 | 46,875 | 223,110 | 437,259 | 501,662 | 147,339 | 326,983 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 902,940 | 1,000,625 | 100,376 | 75,455 | 37,982 | 53,412 | 56,920 | 93,468 | 13,897 | 46,875 | 223,110 | 437,288 | 501,687 | 147,354 | 334,827 |
| total assets | 903,089 | 1,001,466 | 101,586 | 76,221 | 39,452 | 53,581 | 57,588 | 94,653 | 14,297 | 47,408 | 223,821 | 438,360 | 503,509 | 149,194 | 337,384 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 7,615 | 49,517 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,478 | 2,186 | 2,918 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 358 | 736 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 3,319 | 3,548 | 4,059 | 7,310 | 8,936 | 9,729 | 6,966 | 8,757 | 6,840 | 4,235 | 5,241 | 6,581 | 0 | 0 | 0 |
| total current liabilities | 10,934 | 53,065 | 4,059 | 7,310 | 8,936 | 9,729 | 6,966 | 8,757 | 7,198 | 4,971 | 5,241 | 6,581 | 8,478 | 2,186 | 2,918 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 10,934 | 53,065 | 4,059 | 7,310 | 8,936 | 9,729 | 6,966 | 8,757 | 7,198 | 4,971 | 5,241 | 6,581 | 8,478 | 2,186 | 2,918 |
| net assets | 892,155 | 948,401 | 97,527 | 68,911 | 30,516 | 43,852 | 50,622 | 85,896 | 7,099 | 42,437 | 218,580 | 431,779 | 495,031 | 147,008 | 334,466 |
| total shareholders funds | 892,155 | 948,401 | 97,527 | 68,911 | 30,516 | 43,852 | 50,622 | 85,896 | 7,099 | 42,437 | 218,580 | 431,779 | 495,031 | 147,008 | 334,466 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 692 | 696 | 1,265 | 704 | 714 | 499 | 517 | 542 | 133 | 178 | 361 | 750 | 855 | 717 | 717 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 373,051 | 1,540 | -5,293 | 7,734 | 0 | 99 | 98 | 0 | 0 | 0 | -29 | 4 | 10 | -7,829 | 7,844 |
| Creditors | -41,902 | 49,517 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -8,478 | 6,292 | -732 | 2,918 |
| Accruals and Deferred Income | -229 | -511 | -3,251 | -1,626 | -793 | 2,763 | -1,791 | 1,917 | 2,605 | -1,006 | -1,340 | 6,581 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | -1,327 | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | -1,327 | |||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -358 | -378 | 736 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| cash flow from financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -358 | -378 | 736 | 0 | 0 | |||
| cash and cash equivalents | |||||||||||||||
| cash | -470,736 | 898,709 | 30,214 | 29,739 | -15,430 | -3,607 | -36,646 | 79,571 | -32,978 | -176,235 | -214,149 | -64,403 | 354,323 | -179,644 | 326,983 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -470,736 | 898,709 | 30,214 | 29,739 | -15,430 | -3,607 | -36,646 | 79,571 | -32,978 | -176,235 | -214,149 | -64,403 | 354,323 | -179,644 | 326,983 |
myrtlefield trust - the Credit Report and Business Information
Myrtlefield Trust - The Competitor Analysis
Perform a competitor analysis for myrtlefield trust - the by selecting its closest rivals, whether from the EDUCATION sector, other micro companies, companies in BT27 area or any other competitors across 12 key performance metrics.
myrtlefield trust - the Ownership
MYRTLEFIELD TRUST - THE group structure
Myrtlefield Trust - The has no subsidiary companies.
Ultimate parent company
MYRTLEFIELD TRUST - THE
NI070123
myrtlefield trust - the directors
Myrtlefield Trust - The currently has 5 directors. The longest serving directors include Professor John Lennox (Aug 2008) and Professor Kok Lee (Oct 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Professor John Lennox | 81 years | Aug 2008 | - | Director | |
| Professor Kok Lee | Singapore | 71 years | Oct 2016 | - | Director |
| Professor Daniel Crookes | Northern Ireland | 68 years | Oct 2016 | - | Director |
| Mr Derek Watson | United Kingdom | 50 years | Feb 2023 | - | Director |
| Mr James Johnston | United Kingdom | 45 years | Jul 2023 | - | Director |
P&L
December 2023turnover
128.1k
-88%
operating profit
-96.2k
0%
gross margin
49.4%
+0.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
892.2k
-0.06%
total assets
903.1k
-0.1%
cash
525.7k
-0.47%
net assets
Total assets minus all liabilities
Similar Companies
myrtlefield trust - the company details
company number
NI070123
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85320 - Technical and vocational secondary education
incorporation date
August 2008
age
16
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
IDS CHARTERED ACCOUNTANTS LLP
auditor
-
address
5 pine hill, lisburn, antrim, BT27 5PL
Bank
DANSKE BANK
Legal Advisor
HEWITT & GILPIN
myrtlefield trust - the 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 myrtlefield trust - the.
myrtlefield trust - the Companies House Filings - See Documents
| date | description | view/download |
|---|
