institute for turnaround
institute for turnaround Company Information
Company Number
04006128
Website
http://the-ift.comRegistered Address
warnford court, 29 throgmorton street, london, EC2N 2AT
Industry
Activities of professional membership organisations
Telephone
02036680420
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
-0%
institute for turnaround Estimated Valuation
Pomanda estimates the enterprise value of INSTITUTE FOR TURNAROUND at £376.6k based on a Turnover of £930.4k and 0.4x industry multiple (adjusted for size and gross margin).
institute for turnaround Estimated Valuation
Pomanda estimates the enterprise value of INSTITUTE FOR TURNAROUND at £0 based on an EBITDA of £-7.8k and a 4.99x industry multiple (adjusted for size and gross margin).
institute for turnaround Estimated Valuation
Pomanda estimates the enterprise value of INSTITUTE FOR TURNAROUND at £1.6m based on Net Assets of £502.2k and 3.11x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Institute For Turnaround Overview
Institute For Turnaround is a live company located in london, EC2N 2AT with a Companies House number of 04006128. It operates in the activities of professional membership organizations sector, SIC Code 94120. Founded in May 2000, it's largest shareholder is unknown. Institute For Turnaround is a mature, small sized company, Pomanda has estimated its turnover at £930.4k with high growth in recent years.
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Institute For Turnaround Health Check
Pomanda's financial health check has awarded Institute For Turnaround 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 £930.4k, make it larger than the average company (£740.6k)
- Institute For Turnaround
£740.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (-0.1%)
- Institute For Turnaround
-0.1% - Industry AVG
Production
with a gross margin of 69%, this company has a comparable cost of product (69%)
- Institute For Turnaround
69% - Industry AVG
Profitability
an operating margin of -0.8% make it less profitable than the average company (2.6%)
- Institute For Turnaround
2.6% - Industry AVG
Employees
with 6 employees, this is below the industry average (12)
6 - Institute For Turnaround
12 - Industry AVG
Pay Structure
on an average salary of £44.9k, the company has an equivalent pay structure (£44.9k)
- Institute For Turnaround
£44.9k - Industry AVG
Efficiency
resulting in sales per employee of £155.1k, this is more efficient (£102.7k)
- Institute For Turnaround
£102.7k - Industry AVG
Debtor Days
it gets paid by customers after 36 days, this is later than average (21 days)
- Institute For Turnaround
21 days - Industry AVG
Creditor Days
its suppliers are paid after 15 days, this is quicker than average (37 days)
- Institute For Turnaround
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Institute For Turnaround
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 148 weeks, this is more cash available to meet short term requirements (109 weeks)
148 weeks - Institute For Turnaround
109 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 29.6%, this is a higher level of debt than the average (24.8%)
29.6% - Institute For Turnaround
24.8% - Industry AVG
INSTITUTE FOR TURNAROUND financials
Institute For Turnaround's latest turnover from December 2022 is estimated at £930.4 thousand and the company has net assets of £502.2 thousand. According to their latest financial statements, Institute For Turnaround has 6 employees and maintains cash reserves of £603.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 511,897 | 533,250 | 550,398 | 630,681 | 619,520 | 712,246 | 646,242 | 730,673 | 678,870 | 717,290 | ||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | 15,393 | 27,683 | -106,516 | 10,836 | -95,930 | 5,824 | 904 | 89,887 | 108,931 | 245,929 | ||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Interest Receivable | 2,793 | 926 | 1,383 | 1,594 | 1,588 | 1,582 | 708 | 1,992 | 996 | 2,650 | ||||
| Pre-Tax Profit | 18,186 | 28,609 | -105,133 | 12,430 | -94,342 | 7,406 | 1,612 | 91,879 | 109,927 | 248,579 | ||||
| Tax | -531 | -178 | -277 | -319 | -318 | -316 | -142 | -403 | -184 | -531 | ||||
| Profit After Tax | 17,655 | 28,431 | -105,410 | 12,111 | -94,660 | 7,090 | 1,470 | 91,476 | 109,743 | 248,048 | ||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Retained Profit | 17,655 | 28,431 | -105,410 | 12,111 | -94,660 | 7,090 | 1,470 | 91,476 | 109,743 | 248,048 | ||||
| Employee Costs | 255,339 | 260,146 | ||||||||||||
| Number Of Employees | 6 | 6 | 5 | 5 | 4 | 4 | 5 | 5 | ||||||
| EBITDA* | 15,393 | 28,293 | -106,121 | 11,988 | -93,574 | 8,483 | 2,822 | 91,900 | 112,795 | 249,540 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 0 | 0 | 0 | 0 | 0 | 838 | 673 | 1,068 | 1,035 | 3,391 | 6,050 | 1,447 | 2,469 | 4,814 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 838 | 673 | 1,068 | 1,035 | 3,391 | 6,050 | 1,447 | 2,469 | 4,814 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 92,766 | 56,869 | 16,552 | 51,777 | 69,069 | 49,609 | 178,220 | 206,121 | 303,732 | 320,447 | 253,391 | 301,096 | 234,844 | 259,052 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 16,883 | 5,543 | 26,447 | 25,402 | 21,893 | 10,701 | 17,545 | 16,227 | 27,436 | 29,215 | 76,371 | 43,771 | 39,349 | 12,875 |
| Cash | 603,635 | 576,570 | 557,674 | 620,031 | 578,301 | 574,426 | 534,622 | 662,716 | 590,660 | 734,101 | 718,316 | 822,724 | 755,479 | 620,069 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 713,284 | 638,982 | 600,673 | 697,210 | 669,263 | 634,736 | 730,387 | 885,064 | 921,828 | 1,083,763 | 1,048,078 | 1,167,591 | 1,029,672 | 891,996 |
| total assets | 713,284 | 638,982 | 600,673 | 697,210 | 669,263 | 635,574 | 731,060 | 886,132 | 922,863 | 1,087,154 | 1,054,128 | 1,169,038 | 1,032,141 | 896,810 |
| Bank overdraft | 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 |
| Trade Creditors | 11,991 | 4,087 | 3,465 | 5,757 | 12,320 | 18,666 | 31,623 | 11,721 | 27,849 | 41,592 | 10,315 | 57,161 | 47,459 | 26,661 |
| Group/Directors Accounts | 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 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 199,098 | 143,145 | 160,759 | 274,070 | 242,569 | 220,189 | 331,149 | 400,713 | 433,427 | 467,594 | 390,692 | 373,937 | 330,134 | 307,107 |
| total current liabilities | 211,089 | 147,232 | 164,224 | 279,827 | 254,889 | 238,855 | 362,772 | 412,434 | 461,276 | 509,186 | 401,007 | 431,098 | 377,593 | 333,768 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 833 | 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 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 833 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 211,089 | 147,232 | 165,057 | 279,827 | 254,889 | 238,855 | 362,772 | 412,434 | 461,276 | 509,186 | 401,007 | 431,098 | 377,593 | 333,768 |
| net assets | 502,195 | 491,750 | 435,616 | 417,383 | 414,374 | 396,719 | 368,288 | 473,698 | 461,587 | 577,968 | 653,121 | 737,940 | 654,548 | 563,042 |
| total shareholders funds | 502,195 | 491,750 | 435,616 | 417,383 | 414,374 | 396,719 | 368,288 | 473,698 | 461,587 | 577,968 | 653,121 | 737,940 | 654,548 | 563,042 |
| 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 | 15,393 | 27,683 | -106,516 | 10,836 | -95,930 | 5,824 | 904 | 89,887 | 108,931 | 245,929 | ||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 610 | 395 | 1,152 | 2,356 | 2,659 | 1,918 | 2,013 | 3,864 | 3,611 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -531 | -178 | -277 | -319 | -318 | -316 | -142 | -403 | -184 | -531 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 47,237 | 19,413 | -34,180 | -13,783 | 30,652 | -135,455 | -26,583 | -108,820 | -18,494 | 19,900 | -15,105 | 70,674 | 2,266 | 271,927 |
| Creditors | 7,904 | 622 | -2,292 | -6,563 | -6,346 | -12,957 | 19,902 | -16,128 | -13,743 | 31,277 | -46,846 | 9,702 | 20,798 | 26,661 |
| Accruals and Deferred Income | 55,953 | -18,447 | -112,478 | 31,501 | 22,380 | -110,960 | -69,564 | -32,714 | -34,167 | 76,902 | 16,755 | 43,803 | 23,027 | 307,107 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 244 | 39,653 | -129,477 | 71,647 | -123,308 | 96,446 | -12,306 | 74,328 | 154,170 | 310,850 | ||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 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 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 2,793 | 926 | 1,383 | 1,594 | 1,588 | 1,582 | 708 | 1,992 | 996 | 2,650 | ||||
| cash flow from financing | 2,793 | 926 | 1,383 | 1,594 | -20,133 | -80,661 | -85,581 | -6,092 | -17,241 | 317,644 | ||||
| cash and cash equivalents | ||||||||||||||
| cash | 27,065 | 18,896 | -62,357 | 41,730 | 3,875 | 39,804 | -128,094 | 72,056 | -143,441 | 15,785 | -104,408 | 67,245 | 135,410 | 620,069 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 27,065 | 18,896 | -62,357 | 41,730 | 3,875 | 39,804 | -128,094 | 72,056 | -143,441 | 15,785 | -104,408 | 67,245 | 135,410 | 620,069 |
institute for turnaround Credit Report and Business Information
Institute For Turnaround Competitor Analysis
Perform a competitor analysis for institute for turnaround by selecting its closest rivals and benchmarking them against 12 key performance metrics.
institute for turnaround Ownership
INSTITUTE FOR TURNAROUND group structure
Institute For Turnaround has no subsidiary companies.
Ultimate parent company
INSTITUTE FOR TURNAROUND
04006128
institute for turnaround directors
Institute For Turnaround currently has 10 directors. The longest serving directors include Mr Charles Obank (Sep 2019) and Mr Steve Hanlon (Sep 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Charles Obank | 59 years | Sep 2019 | - | Director | |
| Mr Steve Hanlon | England | 54 years | Sep 2020 | - | Director |
| Ms Clare Boardman | England | 47 years | Sep 2020 | - | Director |
| Mrs Camilla Camley | 46 years | Sep 2020 | - | Director | |
| Mr Andrew Leeser | England | 66 years | Sep 2021 | - | Director |
| Mr Peter Charles | England | 64 years | Sep 2022 | - | Director |
| Mrs Claire Burden | United Kingdom | 42 years | Sep 2022 | - | Director |
| Mr Nick Alexander | England | 55 years | Sep 2023 | - | Director |
| Mr Robert Asplin | 44 years | Sep 2023 | - | Director | |
| Mr Nicholas Edwards | United Kingdom | 60 years | Sep 2023 | - | Director |
P&L
December 2022turnover
930.4k
+44%
operating profit
-7.8k
0%
gross margin
69%
-1.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
502.2k
+0.02%
total assets
713.3k
+0.12%
cash
603.6k
+0.05%
net assets
Total assets minus all liabilities
institute for turnaround company details
company number
04006128
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
94120 - Activities of professional membership organisations
incorporation date
May 2000
age
24
accounts
Small Company
ultimate parent company
previous names
society of turnaround professionals (September 2008)
the society of accredited turnaround professionals (September 2000)
incorporated
UK
address
warnford court, 29 throgmorton street, london, EC2N 2AT
last accounts submitted
December 2022
institute for turnaround 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 for turnaround.
institute for turnaround Companies House Filings - See Documents
| date | description | view/download |
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