pensions management institute(the)
pensions management institute(the) Company Information
Company Number
01262100
Registered Address
9 appold street, 6th floor, london, EC2A 2AP
Industry
Activities of professional membership organisations
Telephone
02072471452
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
-0%
pensions management institute(the) Estimated Valuation
Pomanda estimates the enterprise value of PENSIONS MANAGEMENT INSTITUTE(THE) at £1.5m based on a Turnover of £2.8m and 0.53x industry multiple (adjusted for size and gross margin).
pensions management institute(the) Estimated Valuation
Pomanda estimates the enterprise value of PENSIONS MANAGEMENT INSTITUTE(THE) at £126.9k based on an EBITDA of £45.2k and a 2.8x industry multiple (adjusted for size and gross margin).
pensions management institute(the) Estimated Valuation
Pomanda estimates the enterprise value of PENSIONS MANAGEMENT INSTITUTE(THE) at £1.8m based on Net Assets of £602.7k and 3.07x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Pensions Management Institute(the) Overview
Pensions Management Institute(the) is a live company located in london, EC2A 2AP with a Companies House number of 01262100. It operates in the activities of professional membership organizations sector, SIC Code 94120. Founded in June 1976, it's largest shareholder is unknown. Pensions Management Institute(the) is a mature, small sized company, Pomanda has estimated its turnover at £2.8m with healthy growth in recent years.
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Pensions Management Institute(the) Health Check
Pomanda's financial health check has awarded Pensions Management Institute(The) a 3 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 £2.8m, make it larger than the average company (£876.3k)
£2.8m - Pensions Management Institute(the)
£876.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (4.7%)
11% - Pensions Management Institute(the)
4.7% - Industry AVG
Production
with a gross margin of 67.3%, this company has a comparable cost of product (67.3%)
67.3% - Pensions Management Institute(the)
67.3% - Industry AVG
Profitability
an operating margin of -1% make it less profitable than the average company (2.2%)
-1% - Pensions Management Institute(the)
2.2% - Industry AVG
Employees
with 27 employees, this is above the industry average (12)
27 - Pensions Management Institute(the)
12 - Industry AVG
Pay Structure
on an average salary of £60.1k, the company has a higher pay structure (£47.6k)
£60.1k - Pensions Management Institute(the)
£47.6k - Industry AVG
Efficiency
resulting in sales per employee of £104.5k, this is equally as efficient (£110.6k)
£104.5k - Pensions Management Institute(the)
£110.6k - Industry AVG
Debtor Days
it gets paid by customers after 31 days, this is later than average (22 days)
31 days - Pensions Management Institute(the)
22 days - Industry AVG
Creditor Days
its suppliers are paid after 58 days, this is slower than average (28 days)
58 days - Pensions Management Institute(the)
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Pensions Management Institute(the)
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 51 weeks, this is less cash available to meet short term requirements (102 weeks)
51 weeks - Pensions Management Institute(the)
102 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70.6%, this is a higher level of debt than the average (26.3%)
70.6% - Pensions Management Institute(the)
26.3% - Industry AVG
PENSIONS MANAGEMENT INSTITUTE(THE) financials
Pensions Management Institute(The)'s latest turnover from December 2023 is £2.8 million and the company has net assets of £602.7 thousand. According to their latest financial statements, Pensions Management Institute(The) has 27 employees and maintains cash reserves of £1.4 million 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 | 2,820,560 | 2,633,391 | 2,582,205 | 2,041,362 | 2,386,686 | 2,127,715 | 2,147,858 | 2,315,403 | 2,242,343 | 2,367,949 | 2,510,336 | 2,344,912 | 2,325,451 | 2,183,797 | 2,159,957 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | -28,189 | 254,717 | 413,113 | -151,786 | -61,021 | -276,236 | -27,549 | -1,855 | -36,858 | 104,324 | 306,457 | 60,758 | 130,745 | ||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 104,000 | 0 |
| Interest Receivable | 14,750 | 3,447 | 1,827 | 0 | 6,043 | 8,724 | 6,452 | 20,358 | 16,657 | 28,877 | 27,907 | 26,899 | 25,621 | 30,240 | 8,664 |
| Pre-Tax Profit | -13,439 | 258,164 | 414,940 | -151,786 | -54,978 | -267,512 | -21,097 | 18,503 | -20,201 | 133,201 | 334,364 | 87,657 | 156,366 | 195,251 | 187,351 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 26,991 | -6,528 | -2,912 | -20,695 | -23,013 | -16,871 | -55,098 | -26,884 | -19,043 |
| Profit After Tax | -13,439 | 258,164 | 414,940 | -151,786 | -54,978 | -267,512 | 5,894 | 11,975 | -23,113 | 112,506 | 311,351 | 70,786 | 101,268 | 168,367 | 168,308 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -13,439 | 258,164 | 414,940 | -151,786 | -54,978 | -267,512 | 5,894 | 11,975 | -23,113 | 112,506 | 311,351 | 70,786 | 101,268 | 168,367 | 168,308 |
| Employee Costs | 1,621,401 | 1,286,150 | 1,234,370 | 1,139,537 | 1,059,103 | 1,107,692 | 1,011,040 | 980,900 | 978,852 | 1,026,196 | 997,421 | 918,707 | 865,331 | 893,543 | 885,951 |
| Number Of Employees | 27 | 23 | 22 | 21 | 17 | 17 | 17 | 18 | 18 | 18 | 19 | 20 | 19 | 19 | 22 |
| EBITDA* | 45,240 | 327,060 | 486,377 | -85,195 | -17,375 | -202,675 | 34,965 | 59,078 | 81,545 | 148,245 | 341,369 | 112,824 | 175,213 |
* 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 | 11,067 | 14,292 | 19,056 | 26,971 | 34,916 | 52,746 | 35,211 | 4,088 | 4,079 | 228,563 | 94,933 | 57,088 | 71,169 | 115,637 | 154,816 |
| Intangible Assets | 101,987 | 159,944 | 213,131 | 277,181 | 171,571 | 34,007 | 69,514 | 120,260 | 178,376 | 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 | 113,054 | 174,236 | 232,187 | 304,152 | 206,487 | 86,753 | 104,725 | 124,348 | 182,455 | 228,563 | 94,933 | 57,088 | 71,169 | 115,637 | 154,816 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 240,589 | 124,287 | 254,575 | 140,481 | 262,983 | 175,276 | 124,855 | 120,472 | 130,705 | 213,865 | 92,255 | 121,538 | 179,969 | 58,737 | 108,808 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 275,769 | 314,698 | 112,559 | 329,827 | 405,175 | 272,983 | 242,287 | 98,166 | 208,206 | 111,915 | 208,306 | 137,471 | 156,510 | 136,442 | 131,657 |
| Cash | 1,421,759 | 1,430,849 | 1,176,901 | 886,363 | 1,120,647 | 1,287,164 | 1,735,756 | 1,950,420 | 1,728,686 | 2,233,011 | 2,369,611 | 2,058,973 | 2,127,908 | 1,893,626 | 1,707,433 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,938,117 | 1,869,834 | 1,544,035 | 1,356,671 | 1,788,805 | 1,735,423 | 2,102,898 | 2,169,058 | 2,067,597 | 2,558,791 | 2,670,172 | 2,317,982 | 2,464,387 | 2,088,805 | 1,947,898 |
| total assets | 2,051,171 | 2,044,070 | 1,776,222 | 1,660,823 | 1,995,292 | 1,822,176 | 2,207,623 | 2,293,406 | 2,250,052 | 2,787,354 | 2,765,105 | 2,375,070 | 2,535,556 | 2,204,442 | 2,102,714 |
| 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 | 149,265 | 281,941 | 106,890 | 173,898 | 257,451 | 108,796 | 122,213 | 52,306 | 52,988 | 45,703 | 96,438 | 57,444 | 205,473 | 55,306 | 47,138 |
| 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 | 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 |
| other current liabilities | 1,299,238 | 1,046,022 | 1,111,389 | 1,228,922 | 1,233,052 | 1,103,613 | 1,048,131 | 1,159,715 | 1,157,654 | 1,015,128 | 1,038,238 | 903,548 | 909,791 | 764,112 | 772,919 |
| total current liabilities | 1,448,503 | 1,327,963 | 1,218,279 | 1,402,820 | 1,490,503 | 1,212,409 | 1,170,344 | 1,212,021 | 1,210,642 | 1,060,831 | 1,134,676 | 960,992 | 1,115,264 | 819,418 | 820,057 |
| 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 | 15,000 | 30,000 | 0 | 80,000 | 80,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 15,000 | 30,000 | 0 | 80,000 | 80,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,448,503 | 1,327,963 | 1,218,279 | 1,417,820 | 1,520,503 | 1,212,409 | 1,250,344 | 1,292,021 | 1,210,642 | 1,060,831 | 1,134,676 | 960,992 | 1,115,264 | 819,418 | 820,057 |
| net assets | 602,668 | 716,107 | 557,943 | 243,003 | 474,789 | 609,767 | 957,279 | 1,001,385 | 1,039,410 | 1,726,523 | 1,630,429 | 1,414,078 | 1,420,292 | 1,385,024 | 1,282,657 |
| total shareholders funds | 602,668 | 716,107 | 557,943 | 243,003 | 474,789 | 609,767 | 957,279 | 1,001,385 | 1,039,410 | 1,726,523 | 1,630,429 | 1,414,078 | 1,420,292 | 1,385,024 | 1,282,657 |
| 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 | -28,189 | 254,717 | 413,113 | -151,786 | -61,021 | -276,236 | -27,549 | -1,855 | -36,858 | 104,324 | 306,457 | 60,758 | 130,745 | ||
| Depreciation | 7,021 | 8,306 | 9,214 | 26,084 | 24,553 | 21,754 | 10,593 | 2,028 | 59,655 | 43,921 | 34,912 | 52,066 | 44,468 | 44,468 | 43,749 |
| Amortisation | 66,408 | 64,037 | 64,050 | 40,507 | 19,093 | 51,807 | 51,921 | 58,905 | 58,748 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 26,991 | -6,528 | -2,912 | -20,695 | -23,013 | -16,871 | -55,098 | -26,884 | -19,043 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 77,373 | 71,851 | -103,174 | -197,850 | 219,899 | 81,117 | 148,504 | -120,273 | 13,131 | 25,219 | 41,552 | -77,470 | 141,300 | -45,286 | 240,465 |
| Creditors | -132,676 | 175,051 | -67,008 | -83,553 | 148,655 | -13,417 | 69,907 | -682 | 7,285 | -50,735 | 38,994 | -148,029 | 150,167 | 8,168 | 47,138 |
| Accruals and Deferred Income | 253,216 | -65,367 | -117,533 | -4,130 | 129,439 | 55,482 | -111,584 | 2,061 | 142,526 | -23,110 | 134,690 | -6,243 | 145,679 | -8,807 | 772,919 |
| Deferred Taxes & Provisions | 0 | 0 | -15,000 | -15,000 | 30,000 | -80,000 | 0 | 80,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 88,407 | 364,893 | 390,010 | 9,972 | 70,820 | -321,727 | -128,225 | 254,202 | 215,313 | 28,486 | 450,488 | 19,151 | 274,661 | ||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| 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 | 0 | 0 | 0 | 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 | 14,750 | 3,447 | 1,827 | 0 | 6,043 | 8,724 | 6,452 | 20,358 | 16,657 | 28,877 | 27,907 | 26,899 | 25,621 | -73,760 | 8,664 |
| cash flow from financing | -85,250 | -96,553 | -98,173 | -80,000 | -73,957 | -71,276 | -43,548 | -29,642 | -647,343 | 12,465 | -67,093 | -50,101 | -40,379 | -139,760 | 1,123,013 |
| cash and cash equivalents | |||||||||||||||
| cash | -9,090 | 253,948 | 290,538 | -234,284 | -166,517 | -448,592 | -214,664 | 221,734 | -504,325 | -136,600 | 310,638 | -68,935 | 234,282 | 186,193 | 1,707,433 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -9,090 | 253,948 | 290,538 | -234,284 | -166,517 | -448,592 | -214,664 | 221,734 | -504,325 | -136,600 | 310,638 | -68,935 | 234,282 | 186,193 | 1,707,433 |
pensions management institute(the) Credit Report and Business Information
Pensions Management Institute(the) Competitor Analysis
Perform a competitor analysis for pensions management institute(the) by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in EC2A area or any other competitors across 12 key performance metrics.
pensions management institute(the) Ownership
PENSIONS MANAGEMENT INSTITUTE(THE) group structure
Pensions Management Institute(The) has 3 subsidiary companies.
Ultimate parent company
PENSIONS MANAGEMENT INSTITUTE(THE)
01262100
3 subsidiaries
pensions management institute(the) directors
Pensions Management Institute(The) currently has 12 directors. The longest serving directors include Mr David Maddison (Jul 2008) and Mr Gareth Tancred (Mar 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Maddison | 60 years | Jul 2008 | - | Director | |
| Mr Gareth Tancred | 60 years | Mar 2016 | - | Director | |
| Mr Alan Whalley | England | 68 years | Jul 2016 | - | Director |
| Chris Parrott | England | 60 years | Nov 2020 | - | Director |
| Anjan Bose | England | 56 years | Nov 2020 | - | Director |
| Mr Ruston Smith | United Kingdom | 60 years | Nov 2020 | - | Director |
| Mrs Sarah Drummond | England | 40 years | Jul 2021 | - | Director |
| Mrs Rosie Lacey | England | 59 years | Jul 2021 | - | Director |
| Mr Robert Wakefield | England | 59 years | Jul 2022 | - | Director |
| Mrs Rosemary Lacey | England | 59 years | Sep 2023 | - | Director |
P&L
December 2023turnover
2.8m
+7%
operating profit
-28.2k
-111%
gross margin
67.3%
-0.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
602.7k
-0.16%
total assets
2.1m
0%
cash
1.4m
-0.01%
net assets
Total assets minus all liabilities
pensions management institute(the) company details
company number
01262100
Type
Private Ltd By Guarantee w/o Share Cap
industry
94120 - Activities of professional membership organisations
incorporation date
June 1976
age
48
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
pensions management institute limited (the) (December 1977)
accountant
-
auditor
MOORE KINGSTON SMITH LLP
address
9 appold street, 6th floor, london, EC2A 2AP
Bank
HSBC BANK PLC
Legal Advisor
-
pensions management institute(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 pensions management institute(the).
pensions management institute(the) Companies House Filings - See Documents
| date | description | view/download |
|---|
