institute of quarrying(the)
institute of quarrying(the) Company Information
Group Structure
View All
Industry
Activities of professional membership organisations
Registered Address
national stone centre, porter lane, matlock, derbyshire, DE4 4LS
Website
http://quarrying.orginstitute of quarrying(the) Estimated Valuation
Pomanda estimates the enterprise value of INSTITUTE OF QUARRYING(THE) at £484.5k based on a Turnover of £1m and 0.47x industry multiple (adjusted for size and gross margin).
institute of quarrying(the) Estimated Valuation
Pomanda estimates the enterprise value of INSTITUTE OF QUARRYING(THE) at £0 based on an EBITDA of £-233.2k and a 2.52x industry multiple (adjusted for size and gross margin).
institute of quarrying(the) Estimated Valuation
Pomanda estimates the enterprise value of INSTITUTE OF QUARRYING(THE) at £8.3m based on Net Assets of £3.4m and 2.44x industry multiple (adjusted for liquidity).
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Institute Of Quarrying(the) Overview
Institute Of Quarrying(the) is a live company located in matlock, DE4 4LS with a Companies House number of 00606601. It operates in the activities of professional membership organizations sector, SIC Code 94120. Founded in June 1958, it's largest shareholder is unknown. Institute Of Quarrying(the) is a mature, small sized company, Pomanda has estimated its turnover at £1m with healthy growth in recent years.
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Institute Of Quarrying(the) Health Check
Pomanda's financial health check has awarded Institute Of Quarrying(The) a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £1m, make it in line with the average company (£874.7k)
£1m - Institute Of Quarrying(the)
£874.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (4.8%)
12% - Institute Of Quarrying(the)
4.8% - Industry AVG
Production
with a gross margin of 69.5%, this company has a comparable cost of product (69.5%)
69.5% - Institute Of Quarrying(the)
69.5% - Industry AVG
Profitability
an operating margin of -27.9% make it less profitable than the average company (2.2%)
-27.9% - Institute Of Quarrying(the)
2.2% - Industry AVG
Employees
with 20 employees, this is above the industry average (13)
20 - Institute Of Quarrying(the)
13 - Industry AVG
Pay Structure
on an average salary of £37.5k, the company has a lower pay structure (£47.7k)
£37.5k - Institute Of Quarrying(the)
£47.7k - Industry AVG
Efficiency
resulting in sales per employee of £51.3k, this is less efficient (£111.9k)
£51.3k - Institute Of Quarrying(the)
£111.9k - Industry AVG
Debtor Days
it gets paid by customers after 27 days, this is later than average (22 days)
27 days - Institute Of Quarrying(the)
22 days - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is quicker than average (30 days)
24 days - Institute Of Quarrying(the)
30 days - Industry AVG
Stock Days
it holds stock equivalent to 25 days, this is more than average (19 days)
25 days - Institute Of Quarrying(the)
19 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 29 weeks, this is less cash available to meet short term requirements (100 weeks)
29 weeks - Institute Of Quarrying(the)
100 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 8.8%, this is a lower level of debt than the average (26.7%)
8.8% - Institute Of Quarrying(the)
26.7% - Industry AVG
INSTITUTE OF QUARRYING(THE) financials
Institute Of Quarrying(The)'s latest turnover from December 2023 is £1 million and the company has net assets of £3.4 million. According to their latest financial statements, Institute Of Quarrying(The) has 20 employees and maintains cash reserves of £166.6 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 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,026,209 | 1,186,211 | 610,944 | 725,698 | 916,131 | 1,212,268 | 994,378 | 771,154 | 697,281 | 1,519,824 | 549,863 | 578,810 | 571,197 | 590,204 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | -268,918 | -236,887 | -81,351 | -373,927 | -8,895 | 381,495 | -265,113 | -203,438 | -150,028 | 72,699 | -109,834 | 55,866 | 60,487 | 68,721 |
| Tax | ||||||||||||||
| Profit After Tax | -268,918 | -236,887 | -81,351 | -373,927 | -8,895 | 381,495 | -265,113 | -203,438 | -150,028 | 72,699 | -109,834 | 55,866 | 60,487 | 68,721 |
| Dividends Paid | ||||||||||||||
| Retained Profit | -268,918 | -236,887 | -81,351 | -373,927 | -8,895 | 381,495 | -265,113 | -203,438 | -150,028 | 72,699 | -109,834 | 55,866 | 60,487 | 68,721 |
| Employee Costs | 749,906 | 691,548 | 526,033 | 484,627 | 483,865 | 445,614 | 530,442 | 460,028 | 494,898 | 743,654 | 268,318 | 207,080 | 221,638 | 222,338 |
| Number Of Employees | 20 | 13 | 10 | 11 | 9 | 8 | 9 | 9 | 9 | 8 | 7 | 6 | 6 | 6 |
| 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 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 403,308 | 400,548 | 8,406 | 364,572 | 391,094 | 423,726 | 475,788 | 491,577 | 570,709 | 535,113 | 549,247 | 21,957 | 1,238 | 2,018 |
| Intangible Assets | 1,500 | 3,000 | 10,358 | 20,880 | ||||||||||
| Investments & Other | 3,032,978 | 3,025,686 | 3,767,552 | 3,087,435 | 3,436,927 | 2,804,843 | 2,910,757 | 2,808,621 | 2,702,904 | 2,742,066 | 2,623,548 | 2,628,394 | 2,970,011 | 2,741,476 |
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 3,436,286 | 3,426,234 | 3,775,958 | 3,452,007 | 3,829,521 | 3,231,569 | 3,396,903 | 3,321,078 | 3,273,613 | 3,277,179 | 3,172,795 | 2,650,351 | 2,971,249 | 2,743,494 |
| Stock & work in progress | 21,442 | 24,733 | 19,882 | 13,541 | 29,236 | 18,384 | 12,626 | 18,685 | 17,668 | 20,336 | 25,894 | 32,072 | 34,418 | 41,889 |
| Trade Debtors | 76,892 | 63,693 | 15,781 | 7,954 | 86,533 | 12,298 | ||||||||
| Group Debtors | ||||||||||||||
| Misc Debtors | 50,070 | 34,214 | 59,644 | 64,373 | 28,401 | 37,634 | 123,219 | 54,258 | 100,415 | 174,173 | 79,185 | 115,882 | 62,068 | 78,728 |
| Cash | 166,555 | 510,796 | 295,347 | 621,083 | 520,648 | 746,356 | 202,220 | 237,984 | 183,045 | 306,402 | 278,963 | 14,712 | 14,360 | 360,645 |
| misc current assets | 754,419 | 431,886 | ||||||||||||
| total current assets | 314,959 | 633,436 | 390,654 | 706,951 | 664,818 | 814,672 | 338,065 | 310,927 | 301,128 | 500,911 | 384,042 | 917,085 | 542,732 | 481,262 |
| total assets | 3,751,245 | 4,059,670 | 4,166,612 | 4,158,958 | 4,494,339 | 4,046,241 | 3,734,968 | 3,632,005 | 3,574,741 | 3,778,090 | 3,556,837 | 3,567,436 | 3,513,981 | 3,224,756 |
| Bank overdraft | 1,700 | |||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 21,071 | 43,722 | 31,152 | 37,093 | 35,779 | 25,167 | 17,399 | 48,948 | 66,587 | 43,151 | 67,279 | 137,086 | 108,237 | 106,165 |
| Group/Directors Accounts | ||||||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 273,015 | 320,665 | 208,815 | 264,869 | 227,637 | 183,619 | 239,947 | 167,718 | 105,722 | 176,116 | 160,794 | 157,070 | 151,712 | 142,790 |
| total current liabilities | 295,786 | 364,387 | 239,967 | 301,962 | 263,416 | 208,786 | 257,346 | 216,666 | 172,309 | 219,267 | 228,073 | 294,156 | 259,949 | 248,955 |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | 34,619 | 5,525 | ||||||||||||
| other liabilities | ||||||||||||||
| provisions | 45,000 | |||||||||||||
| total long term liabilities | 34,619 | 5,525 | 45,000 | |||||||||||
| total liabilities | 330,405 | 369,912 | 239,967 | 301,962 | 263,416 | 208,786 | 257,346 | 216,666 | 172,309 | 219,267 | 228,073 | 339,156 | 259,949 | 248,955 |
| net assets | 3,420,840 | 3,689,758 | 3,926,645 | 3,856,996 | 4,230,923 | 3,837,455 | 3,477,622 | 3,415,339 | 3,402,432 | 3,558,823 | 3,328,764 | 3,228,280 | 3,254,032 | 2,975,801 |
| total shareholders funds | 3,420,840 | 3,689,758 | 3,926,645 | 3,856,996 | 4,230,923 | 3,837,455 | 3,477,622 | 3,415,339 | 3,402,432 | 3,558,823 | 3,328,764 | 3,228,280 | 3,254,032 | 2,975,801 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 53,406 | 34,370 | 26,799 | 29,569 | 39,218 | 49,684 | 50,311 | 63,007 | 53,546 | 59,299 | 36,741 | 8,489 | 951 | 1,039 |
| Amortisation | 1,500 | 1,500 | 7,358 | 15,022 | 16,443 | |||||||||
| Tax | ||||||||||||||
| Stock | -3,291 | 4,851 | 6,341 | -15,695 | 10,852 | 5,758 | -6,059 | 1,017 | -2,668 | -5,558 | -6,178 | -2,346 | -7,471 | 41,889 |
| Debtors | 29,055 | 22,482 | 3,098 | -42,607 | 65,002 | -73,287 | 68,961 | -46,157 | -73,758 | 94,988 | -36,697 | 53,814 | -16,660 | 78,728 |
| Creditors | -22,651 | 12,570 | -5,941 | 1,314 | 10,612 | 7,768 | -31,549 | -17,639 | 23,436 | -24,128 | -69,807 | 28,849 | 2,072 | 106,165 |
| Accruals and Deferred Income | -18,556 | 117,375 | -56,054 | 37,232 | 44,018 | -56,328 | 72,229 | 61,996 | -70,394 | 15,322 | 3,724 | 5,358 | 8,922 | 142,790 |
| Deferred Taxes & Provisions | -45,000 | 45,000 | ||||||||||||
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 84,252 | 185,900 | 112,636 | -50,707 | ||||||||||
| Change in Investments | 7,292 | -741,866 | 680,117 | -349,492 | 632,084 | -105,914 | 102,136 | 105,717 | -39,162 | 118,518 | -4,846 | -341,617 | 228,535 | 2,741,476 |
| cash flow from investments | -7,292 | 741,866 | -680,117 | 349,492 | -632,084 | 190,166 | 83,764 | 6,919 | -11,545 | |||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | ||||||||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | 151,000 | 402,363 | -21,662 | 327,396 | 216,345 | -6,363 | 157,360 | 210,318 | -81,618 | 217,744 | 2,907,080 | |||
| cash and cash equivalents | ||||||||||||||
| cash | -344,241 | 215,449 | -325,736 | 100,435 | -225,708 | 544,136 | -35,764 | 54,939 | -123,357 | 27,439 | 264,251 | 352 | -346,285 | 360,645 |
| overdraft | 1,700 | |||||||||||||
| change in cash | -345,941 | 215,449 | -325,736 | 100,435 | -225,708 | 544,136 | -35,764 | 54,939 | -123,357 | 27,439 | 264,251 | 352 | -346,285 | 360,645 |
institute of quarrying(the) Credit Report and Business Information
Institute Of Quarrying(the) Competitor Analysis
Perform a competitor analysis for institute of quarrying(the) by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in DE4 area or any other competitors across 12 key performance metrics.
institute of quarrying(the) Ownership
INSTITUTE OF QUARRYING(THE) group structure
Institute Of Quarrying(The) has no subsidiary companies.
Ultimate parent company
INSTITUTE OF QUARRYING(THE)
00606601
institute of quarrying(the) directors
Institute Of Quarrying(The) currently has 12 directors. The longest serving directors include Mr Martin Riley (Feb 2016) and Mr Vivian Russell (Sep 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Martin Riley | England | 58 years | Feb 2016 | - | Director |
| Mr Vivian Russell | England | 63 years | Sep 2018 | - | Director |
| Mr Paul Cottrell | United Kingdom | 58 years | Sep 2018 | - | Director |
| Mr Ben Uphill | England | 47 years | Sep 2018 | - | Director |
| Mr Paul Cottrell | 58 years | Sep 2018 | - | Director | |
| Mr Ben Williams | 56 years | Sep 2020 | - | Director | |
| Mr David Bagshaw | 65 years | Sep 2020 | - | Director | |
| Mr Benjamin Williams | England | 56 years | Sep 2020 | - | Director |
| Ms Helen Bailey | England | 41 years | Sep 2021 | - | Director |
| Mr Timothy Corcoran | England | 63 years | Sep 2021 | - | Director |
P&L
December 2023turnover
1m
-13%
operating profit
-286.6k
0%
gross margin
69.6%
-5.8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.4m
-0.07%
total assets
3.8m
-0.08%
cash
166.6k
-0.67%
net assets
Total assets minus all liabilities
institute of quarrying(the) company details
company number
00606601
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
94120 - Activities of professional membership organisations
incorporation date
June 1958
age
67
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
DAINS AUDIT LIMITED
address
national stone centre, porter lane, matlock, derbyshire, DE4 4LS
Bank
LLOYDS TSB BANK PLC
Legal Advisor
HARVEY INGRAM SHAKESPEARES LLP
institute of quarrying(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 institute of quarrying(the).
institute of quarrying(the) 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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institute of quarrying(the) Companies House Filings - See Documents
| date | description | view/download |
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