mathematics in education and industry
mathematics in education and industry Company Information
Group Structure
View All
Industry
General secondary education
+1Registered Address
monckton house epsom centre, white horse business park, trowbridge, wiltshire, BA14 0XG
Website
http://mei.org.ukmathematics in education and industry Estimated Valuation
Pomanda estimates the enterprise value of MATHEMATICS IN EDUCATION AND INDUSTRY at £10.9m based on a Turnover of £11.2m and 0.97x industry multiple (adjusted for size and gross margin).
mathematics in education and industry Estimated Valuation
Pomanda estimates the enterprise value of MATHEMATICS IN EDUCATION AND INDUSTRY at £0 based on an EBITDA of £-253.1k and a 5.92x industry multiple (adjusted for size and gross margin).
mathematics in education and industry Estimated Valuation
Pomanda estimates the enterprise value of MATHEMATICS IN EDUCATION AND INDUSTRY at £2.6m based on Net Assets of £1.1m and 2.4x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mathematics In Education And Industry Overview
Mathematics In Education And Industry is a live company located in trowbridge, BA14 0XG with a Companies House number of 03265490. It operates in the general secondary education sector, SIC Code 85310. Founded in October 1996, it's largest shareholder is unknown. Mathematics In Education And Industry is a mature, mid sized company, Pomanda has estimated its turnover at £11.2m with healthy growth in recent years.
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Mathematics In Education And Industry Health Check
Pomanda's financial health check has awarded Mathematics In Education And Industry a 3.5 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 £11.2m, make it larger than the average company (£4.7m)
£11.2m - Mathematics In Education And Industry
£4.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (7.4%)
11% - Mathematics In Education And Industry
7.4% - Industry AVG
Production
with a gross margin of 51.3%, this company has a comparable cost of product (51.3%)
51.3% - Mathematics In Education And Industry
51.3% - Industry AVG
Profitability
an operating margin of -2.7% make it less profitable than the average company (4.5%)
-2.7% - Mathematics In Education And Industry
4.5% - Industry AVG
Employees
with 196 employees, this is above the industry average (80)
196 - Mathematics In Education And Industry
80 - Industry AVG
Pay Structure
on an average salary of £28.3k, the company has a lower pay structure (£37.1k)
£28.3k - Mathematics In Education And Industry
£37.1k - Industry AVG
Efficiency
resulting in sales per employee of £57.2k, this is equally as efficient (£60.6k)
£57.2k - Mathematics In Education And Industry
£60.6k - Industry AVG
Debtor Days
it gets paid by customers after 28 days, this is later than average (9 days)
28 days - Mathematics In Education And Industry
9 days - Industry AVG
Creditor Days
its suppliers are paid after 38 days, this is slower than average (24 days)
38 days - Mathematics In Education And Industry
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mathematics In Education And Industry
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 39 weeks, this is less cash available to meet short term requirements (88 weeks)
39 weeks - Mathematics In Education And Industry
88 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 62.8%, this is a higher level of debt than the average (17.8%)
62.8% - Mathematics In Education And Industry
17.8% - Industry AVG
MATHEMATICS IN EDUCATION AND INDUSTRY financials
Mathematics In Education And Industry's latest turnover from March 2024 is £11.2 million and the company has net assets of £1.1 million. According to their latest financial statements, Mathematics In Education And Industry has 196 employees and maintains cash reserves of £1.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 11,214,954 | 9,933,863 | 8,967,990 | 8,120,688 | 9,815,308 | 8,087,962 | 6,437,961 | 6,489,172 | 6,527,449 | 6,578,095 | 4,765,804 | 4,281,686 | 2,783,983 | 2,764,150 | 2,397,036 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | -220,342 | 16,799 | -94,095 | 35,822 | 11,287 | -33,483 | 70,426 | -3,453 | -106,798 | 179,626 | 107,559 | -34,008 | 96,905 | 167,417 | -189,375 |
| Tax | |||||||||||||||
| Profit After Tax | -220,342 | 16,799 | -94,095 | 35,822 | 11,287 | -33,483 | 70,426 | -3,453 | -106,798 | 179,626 | 107,559 | -34,008 | 96,905 | 167,417 | -189,375 |
| Dividends Paid | |||||||||||||||
| Retained Profit | -220,342 | 16,799 | -94,095 | 35,822 | 11,287 | -33,483 | 70,426 | -3,453 | -106,798 | 179,626 | 107,559 | -34,008 | 96,905 | 167,417 | -189,375 |
| Employee Costs | 5,545,793 | 4,234,946 | 3,963,125 | 3,616,516 | 3,722,774 | 3,470,342 | 2,933,520 | 2,698,950 | 2,539,979 | 2,374,268 | 1,865,215 | 1,585,395 | 1,054,103 | 957,459 | 868,037 |
| Number Of Employees | 196 | 204 | 177 | 187 | 251 | 235 | 221 | 198 | 185 | 170 | 133 | 123 | 99 | 79 | 64 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 90,585 | 60,174 | 65,676 | 55,768 | 43,097 | 25,845 | 18,917 | 23,743 | 26,872 | 28,709 | 14,864 | 15,266 | 10,709 | 8,124 | 6,252 |
| Intangible Assets | 45,984 | ||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | 3,353 | 17,753 | |||||||||||||
| Total Fixed Assets | 136,569 | 60,174 | 65,676 | 55,768 | 43,097 | 25,845 | 18,917 | 23,743 | 26,872 | 28,709 | 14,864 | 15,266 | 10,709 | 11,477 | 24,005 |
| Stock & work in progress | 315 | 319 | 560 | 1,015 | 899 | ||||||||||
| Trade Debtors | 884,232 | 977,901 | 970,277 | 673,977 | 1,317,580 | 1,191,868 | 910,101 | 935,846 | 913,433 | 989,214 | 657,156 | 944,213 | 307,883 | 354,691 | 293,004 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 501,731 | 231,592 | 100,623 | 214,048 | 85,747 | 30,947 | 107,135 | 65,811 | 45,881 | 26,417 | 54,482 | 80,393 | 95,408 | 198,410 | 59,308 |
| Cash | 1,359,446 | 1,611,013 | 1,311,497 | 1,672,499 | 1,713,820 | 1,211,453 | 929,604 | 747,660 | 771,445 | 678,556 | 760,374 | 311,329 | 861,912 | 598,154 | 671,411 |
| misc current assets | |||||||||||||||
| total current assets | 2,745,409 | 2,820,506 | 2,382,397 | 2,560,524 | 3,117,147 | 2,434,268 | 1,946,840 | 1,749,317 | 1,730,759 | 1,694,187 | 1,472,327 | 1,336,254 | 1,265,763 | 1,152,270 | 1,024,622 |
| total assets | 2,881,978 | 2,880,680 | 2,448,073 | 2,616,292 | 3,160,244 | 2,460,113 | 1,965,757 | 1,773,060 | 1,757,631 | 1,722,896 | 1,487,191 | 1,351,520 | 1,276,472 | 1,163,747 | 1,048,627 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 582,917 | 390,993 | 300,298 | 257,433 | 287,184 | 107,220 | 71,461 | 96,037 | 122,832 | 30,089 | 11,869 | 83,538 | 16,970 | 6,546 | 8,896 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 1,227,380 | 1,197,664 | 872,551 | 989,540 | 1,539,563 | 1,030,683 | 538,603 | 391,756 | 346,079 | 297,289 | 227,615 | 127,834 | 85,346 | 79,950 | 129,897 |
| total current liabilities | 1,810,297 | 1,588,657 | 1,172,849 | 1,246,973 | 1,826,747 | 1,137,903 | 610,064 | 487,793 | 468,911 | 327,378 | 239,484 | 211,372 | 102,316 | 86,496 | 138,793 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 1,810,297 | 1,588,657 | 1,172,849 | 1,246,973 | 1,826,747 | 1,137,903 | 610,064 | 487,793 | 468,911 | 327,378 | 239,484 | 211,372 | 102,316 | 86,496 | 138,793 |
| net assets | 1,071,681 | 1,292,023 | 1,275,224 | 1,369,319 | 1,333,497 | 1,322,210 | 1,355,693 | 1,285,267 | 1,288,720 | 1,395,518 | 1,247,707 | 1,140,148 | 1,174,156 | 1,077,251 | 909,834 |
| total shareholders funds | 1,071,681 | 1,292,023 | 1,275,224 | 1,369,319 | 1,333,497 | 1,322,210 | 1,355,693 | 1,285,267 | 1,288,720 | 1,395,518 | 1,247,707 | 1,140,148 | 1,174,156 | 1,077,251 | 909,834 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 45,178 | 16,812 | 21,529 | 17,281 | 13,239 | 12,339 | 13,141 | 12,672 | 11,743 | 10,388 | 6,698 | 5,788 | 4,122 | 4,448 | 4,906 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -315 | -4 | -241 | -455 | 116 | 899 | |||||||||
| Debtors | 176,470 | 138,593 | 182,875 | -515,302 | 180,512 | 205,579 | 15,579 | 42,343 | -56,317 | 303,993 | -312,968 | 621,315 | -153,163 | 186,389 | 370,065 |
| Creditors | 191,924 | 90,695 | 42,865 | -29,751 | 179,964 | 35,759 | -24,576 | -26,795 | 92,743 | 18,220 | -71,669 | 66,568 | 10,424 | -2,350 | 8,896 |
| Accruals and Deferred Income | 29,716 | 325,113 | -116,989 | -550,023 | 508,880 | 492,080 | 146,847 | 45,677 | 48,790 | 69,674 | 99,781 | 42,488 | 5,396 | -49,947 | 129,897 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | -19,267 | -8,315 | -10,696 | -10,041 | -24,233 | -6,296 | |||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | -19,267 | -8,315 | -10,696 | -10,041 | -24,233 | -6,296 | |||||||||
| 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 | -31,815 | 1,099,209 | |||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -251,567 | 299,516 | -361,002 | -41,321 | 502,367 | 281,849 | 181,944 | -23,785 | 92,889 | -81,818 | 449,045 | -550,583 | 263,758 | -73,257 | 671,411 |
| overdraft | |||||||||||||||
| change in cash | -251,567 | 299,516 | -361,002 | -41,321 | 502,367 | 281,849 | 181,944 | -23,785 | 92,889 | -81,818 | 449,045 | -550,583 | 263,758 | -73,257 | 671,411 |
mathematics in education and industry Credit Report and Business Information
Mathematics In Education And Industry Competitor Analysis
Perform a competitor analysis for mathematics in education and industry by selecting its closest rivals, whether from the EDUCATION sector, other mid companies, companies in BA14 area or any other competitors across 12 key performance metrics.
mathematics in education and industry Ownership
MATHEMATICS IN EDUCATION AND INDUSTRY group structure
Mathematics In Education And Industry has no subsidiary companies.
Ultimate parent company
MATHEMATICS IN EDUCATION AND INDUSTRY
03265490
mathematics in education and industry directors
Mathematics In Education And Industry currently has 14 directors. The longest serving directors include Mr Steven Labedz (Sep 2017) and Dr David Bedford (Mar 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Steven Labedz | England | 67 years | Sep 2017 | - | Director |
| Dr David Bedford | England | 59 years | Mar 2018 | - | Director |
| Professor Victoria Pope | 64 years | Jun 2019 | - | Director | |
| Mrs Lowri Williams | 49 years | Dec 2019 | - | Director | |
| Ms Serena Tierney | England | 68 years | Jul 2020 | - | Director |
| Ms Serena Tierney | 68 years | Jul 2020 | - | Director | |
| Mr Peter Anscombe | 71 years | Jan 2021 | - | Director | |
| Mr Timothy Jay | 46 years | Aug 2021 | - | Director | |
| Mr Hashim Ramzan | 24 years | Jul 2022 | - | Director | |
| Dr James Coughlan | England | 44 years | Jul 2022 | - | Director |
P&L
March 2024turnover
11.2m
+13%
operating profit
-298.3k
0%
gross margin
51.3%
-0.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
1.1m
-0.17%
total assets
2.9m
0%
cash
1.4m
-0.16%
net assets
Total assets minus all liabilities
mathematics in education and industry company details
company number
03265490
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85310 - General secondary education
85320 - Technical and vocational secondary education
incorporation date
October 1996
age
29
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
SUMER AUDIT
address
monckton house epsom centre, white horse business park, trowbridge, wiltshire, BA14 0XG
Bank
LLOYDS TSB BANK PLC
Legal Advisor
VWV
mathematics in education and industry 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 mathematics in education and industry.
mathematics in education and industry Capital Raised & Share Issues BETA
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mathematics in education and industry Companies House Filings - See Documents
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