british institute of technology ltd
british institute of technology ltd Company Information
Company Number
04293041
Next Accounts
Sep 2025
Shareholders
dr m.a. farmer
bite charity
Group Structure
View All
Industry
Letting and operating of conference and exhibition centres
+3Registered Address
252-256 romford road, london, E7 9HZ
Website
http://bite.ac.ukbritish institute of technology ltd Estimated Valuation
Pomanda estimates the enterprise value of BRITISH INSTITUTE OF TECHNOLOGY LTD at £1.5m based on a Turnover of £1.1m and 1.33x industry multiple (adjusted for size and gross margin).
british institute of technology ltd Estimated Valuation
Pomanda estimates the enterprise value of BRITISH INSTITUTE OF TECHNOLOGY LTD at £788.5k based on an EBITDA of £159.6k and a 4.94x industry multiple (adjusted for size and gross margin).
british institute of technology ltd Estimated Valuation
Pomanda estimates the enterprise value of BRITISH INSTITUTE OF TECHNOLOGY LTD at £44.2m based on Net Assets of £18.1m and 2.45x industry multiple (adjusted for liquidity).
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British Institute Of Technology Ltd Overview
British Institute Of Technology Ltd is a live company located in london, E7 9HZ with a Companies House number of 04293041. It operates in the letting and operating of conference and exhibition centres sector, SIC Code 68202. Founded in September 2001, it's largest shareholder is dr m.a. farmer with a 97.5% stake. British Institute Of Technology Ltd is a mature, small sized company, Pomanda has estimated its turnover at £1.1m with healthy growth in recent years.
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British Institute Of Technology Ltd Health Check
Pomanda's financial health check has awarded British Institute Of Technology Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £1.1m, make it in line with the average company (£1.3m)
£1.1m - British Institute Of Technology Ltd
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (7.2%)
6% - British Institute Of Technology Ltd
7.2% - Industry AVG
Production
with a gross margin of 72.6%, this company has a lower cost of product (59.9%)
72.6% - British Institute Of Technology Ltd
59.9% - Industry AVG
Profitability
an operating margin of 1.2% make it less profitable than the average company (7.5%)
1.2% - British Institute Of Technology Ltd
7.5% - Industry AVG
Employees
with 9 employees, this is below the industry average (20)
9 - British Institute Of Technology Ltd
20 - Industry AVG
Pay Structure
on an average salary of £34.8k, the company has an equivalent pay structure (£34.8k)
- British Institute Of Technology Ltd
£34.8k - Industry AVG
Efficiency
resulting in sales per employee of £123.3k, this is more efficient (£92.5k)
£123.3k - British Institute Of Technology Ltd
£92.5k - Industry AVG
Debtor Days
it gets paid by customers after 208 days, this is later than average (28 days)
208 days - British Institute Of Technology Ltd
28 days - Industry AVG
Creditor Days
its suppliers are paid after 116 days, this is slower than average (34 days)
116 days - British Institute Of Technology Ltd
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - British Institute Of Technology Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (65 weeks)
8 weeks - British Institute Of Technology Ltd
65 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3.2%, this is a lower level of debt than the average (41.1%)
3.2% - British Institute Of Technology Ltd
41.1% - Industry AVG
BRITISH INSTITUTE OF TECHNOLOGY LTD financials
British Institute Of Technology Ltd's latest turnover from December 2023 is £1.1 million and the company has net assets of £18.1 million. According to their latest financial statements, British Institute Of Technology Ltd has 9 employees and maintains cash reserves of £82.7 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 | 1,109,959 | 1,038,060 | 1,064,499 | 931,248 | 1,182,625 | 1,389,391 | 1,741,298 | 813,578 | 7,870,854 | 10,631,302 | 8,741,117 | 7,244,135 | 11,394,896 | 11,424,582 | 4,061,222 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 304,651 | 279,312 | 345,899 | 322,800 | 467,098 | 559,497 | 601,666 | 1,074,215 | 1,403,123 | 3,769,822 | 1,691,238 | 2,974,687 | 3,967,433 | 2,317,371 | 365,093 |
| Gross Profit | 805,308 | 758,748 | 718,600 | 608,448 | 715,527 | 829,894 | 1,139,632 | -260,637 | 6,467,731 | 6,861,480 | 7,049,879 | 4,269,448 | 7,427,463 | 9,107,211 | 3,696,129 |
| Admin Expenses | 792,268 | 724,685 | 697,718 | 557,712 | 688,701 | 784,717 | 1,088,786 | 1,145,041 | 5,533,066 | 4,869,885 | 6,873,906 | 4,216,734 | 7,398,890 | 8,700,532 | 4,035,702 |
| Operating Profit | 13,040 | 34,063 | 20,882 | 50,736 | 26,826 | 45,177 | 50,846 | -1,405,678 | 934,665 | 1,991,595 | 175,973 | 52,714 | 28,573 | 406,679 | -339,573 |
| Interest Payable | 1,829 | 10,640 | 26 | 1,715 | 924 | 453 | 1,441 | 363 | 2,245 | 4,942 | 3,792 | ||||
| Interest Receivable | 2,690 | 1,294 | 1,024 | 4 | 96 | 433 | |||||||||
| Pre-Tax Profit | 13,901 | 24,717 | 21,906 | 50,710 | 26,826 | 43,462 | 49,926 | -1,406,035 | 935,098 | 1,990,154 | 175,610 | 50,469 | 23,631 | 402,887 | -339,573 |
| Tax | -11,502 | -4,696 | 4,968 | 2,004,626 | -5,097 | -8,258 | -28,195 | -515,293 | -444,631 | -45,000 | -47,548 | 36,415 | -111,336 | 95,497 | |
| Profit After Tax | 2,399 | 20,021 | 26,874 | 2,055,336 | 21,729 | 35,204 | 21,731 | -1,406,035 | 419,805 | 1,545,523 | 130,610 | 2,921 | 60,046 | 291,551 | -244,076 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 2,399 | 20,021 | 26,874 | 2,055,336 | 21,729 | 35,204 | 21,731 | -1,406,035 | 419,805 | 1,545,523 | 130,610 | 2,921 | 60,046 | 291,551 | -244,076 |
| Employee Costs | 165,910 | 127,404 | 273,871 | 320,464 | 297,000 | 444,834 | 498,971 | 378,605 | 1,379,279 | 3,096,771 | 2,657,031 | 1,155,036 | |||
| Number Of Employees | 9 | 10 | 10 | 8 | 11 | 13 | 14 | 12 | 15 | 19 | 19 | 55 | 129 | 122 | 61 |
| EBITDA* | 159,619 | 191,233 | 74,044 | 187,283 | 144,826 | 262,644 | 226,014 | -1,183,190 | 2,595,789 | 3,445,626 | 413,147 | 1,095,371 | 1,098,731 | 1,332,922 | -278,467 |
* 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 | 17,519,279 | 17,571,761 | 9,310,833 | 9,349,875 | 9,278,500 | 32,608,983 | 22,665,102 | 22,694,466 | 5,335,494 | 6,886,958 | 711,519 | 6,435,094 | 7,369,600 | 7,631,015 | 7,386,265 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 8,300,000 | 8,300,000 | 8,300,000 | ||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 17,519,279 | 17,571,761 | 17,610,833 | 17,649,875 | 17,578,500 | 32,608,983 | 22,665,102 | 22,694,466 | 5,335,494 | 6,886,958 | 711,519 | 6,435,094 | 7,369,600 | 7,631,015 | 7,386,265 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 635,402 | 755,555 | 764,397 | 696,508 | 775,361 | 721,076 | 600,112 | 531,372 | 487,897 | 114,470 | |||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 435,814 | 271,465 | 277,162 | 413,539 | 240,253 | 629,674 | 787,321 | 589,427 | 902,235 | 647,712 | 7,073,247 | 4,524,070 | 3,509,867 | 4,971,647 | 1,823,418 |
| Cash | 82,710 | 142,476 | 11,259 | 78,743 | 3,867 | 2,123 | 252,668 | 1,596,575 | 5,566 | 5,973 | 21,586 | 993,650 | 1,740,254 | ||
| misc current assets | |||||||||||||||
| total current assets | 1,153,926 | 1,169,496 | 1,052,818 | 1,188,790 | 1,019,481 | 1,352,873 | 1,387,433 | 1,120,799 | 1,642,800 | 2,358,757 | 7,078,813 | 4,530,043 | 3,531,453 | 5,965,297 | 3,563,672 |
| total assets | 18,673,205 | 18,741,257 | 18,663,651 | 18,838,665 | 18,597,981 | 33,961,856 | 24,052,535 | 23,815,265 | 6,978,294 | 9,245,715 | 7,790,332 | 10,965,137 | 10,901,053 | 13,596,312 | 10,949,937 |
| Bank overdraft | 81,598 | 102,852 | 103,207 | 143,448 | 208,140 | ||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 97,016 | 155,859 | 153,409 | 377,049 | 518,698 | 514,580 | 472,562 | 294,511 | 34,619 | 5,329,844 | 2,885,030 | 2,635,567 | 1,408,644 | 1,575,525 | 257,528 |
| Group/Directors Accounts | 3,827,296 | 3,871,218 | 1,900,013 | 865,965 | 1,197,188 | 742,617 | |||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 700,000 | 700,000 | 700,000 | 700,000 | |||||||||||
| other current liabilities | 430,368 | 448,269 | 402,343 | 320,156 | 2,390,568 | 2,632,917 | 2,275,396 | 2,200,927 | 1,085,232 | 531,734 | 771,419 | 1,038,159 | 3,597,936 | 2,629,790 | |
| total current liabilities | 527,384 | 604,128 | 555,752 | 697,205 | 2,909,266 | 3,147,497 | 6,656,852 | 6,469,508 | 1,119,851 | 5,329,844 | 5,419,984 | 5,116,399 | 4,552,131 | 6,616,078 | 3,587,318 |
| loans | 37,222 | 42,431 | 46,895 | 50,000 | |||||||||||
| hp & lease commitments | 3,609,000 | 4,100,000 | 4,800,000 | 5,500,000 | |||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 28,762 | 17,260 | 3,587 | 60,917 | 50,796 | 50,796 | 50,796 | 22,601 | 22,601 | 22,601 | 22,601 | 22,601 | 34,706 | 26,064 | |
| total long term liabilities | 65,984 | 59,691 | 50,482 | 110,917 | 50,796 | 50,796 | 50,796 | 22,601 | 22,601 | 22,601 | 22,601 | 3,631,601 | 4,134,706 | 4,826,064 | 5,500,000 |
| total liabilities | 593,368 | 663,819 | 606,234 | 808,122 | 2,960,062 | 3,198,293 | 6,707,648 | 6,492,109 | 1,142,452 | 5,352,445 | 5,442,585 | 8,748,000 | 8,686,837 | 11,442,142 | 9,087,318 |
| net assets | 18,079,837 | 18,077,438 | 18,057,417 | 18,030,543 | 15,637,919 | 30,763,563 | 17,344,887 | 17,323,156 | 5,835,842 | 3,893,270 | 2,347,747 | 2,217,137 | 2,214,216 | 2,154,170 | 1,862,619 |
| total shareholders funds | 18,079,837 | 18,077,438 | 18,057,417 | 18,030,543 | 15,637,919 | 30,763,563 | 17,344,887 | 17,323,156 | 5,835,842 | 3,893,270 | 2,347,747 | 2,217,137 | 2,214,216 | 2,154,170 | 1,862,619 |
| 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 | 13,040 | 34,063 | 20,882 | 50,736 | 26,826 | 45,177 | 50,846 | -1,405,678 | 934,665 | 1,991,595 | 175,973 | 52,714 | 28,573 | 406,679 | -339,573 |
| Depreciation | 146,579 | 157,170 | 53,162 | 136,547 | 118,000 | 217,467 | 175,168 | 222,488 | 1,661,124 | 1,454,031 | 237,174 | 1,042,657 | 1,070,158 | 926,243 | 61,106 |
| Amortisation | |||||||||||||||
| Tax | -11,502 | -4,696 | 4,968 | 2,004,626 | -5,097 | -8,258 | -28,195 | -515,293 | -444,631 | -45,000 | -47,548 | 36,415 | -111,336 | 95,497 | |
| Stock | |||||||||||||||
| Debtors | 44,196 | -14,539 | -68,488 | 94,433 | -335,136 | -36,683 | 266,634 | -269,333 | 627,950 | -6,311,065 | 2,549,177 | 1,014,203 | -1,461,780 | 3,148,229 | 1,823,418 |
| Creditors | -58,843 | 2,450 | -223,640 | -141,649 | 4,118 | 42,018 | 178,051 | 259,892 | -5,295,225 | 2,444,814 | 249,463 | 1,226,923 | -166,881 | 1,317,997 | 257,528 |
| Accruals and Deferred Income | -17,901 | 45,926 | 82,187 | -2,070,412 | -242,349 | 357,521 | 74,469 | 1,115,695 | 1,085,232 | -531,734 | -239,685 | -266,740 | -2,559,777 | 968,146 | 2,629,790 |
| Deferred Taxes & Provisions | 11,502 | 13,673 | -57,330 | 10,121 | 28,195 | -12,105 | 8,642 | 26,064 | |||||||
| Cash flow from operations | 38,679 | 263,125 | -51,283 | -104,464 | 236,634 | 690,608 | 211,900 | 461,730 | -2,757,447 | 11,225,140 | -2,171,252 | 981,698 | -121,090 | 385,564 | 880,930 |
| Investing Activities | |||||||||||||||
| capital expenditure | -145,804 | -6,248,319 | -109,660 | -7,629,468 | -968 | -108,151 | -808,743 | -2,672,993 | -223,610 | ||||||
| Change in Investments | -8,300,000 | 8,300,000 | |||||||||||||
| cash flow from investments | 8,300,000 | -145,804 | -6,248,319 | -109,660 | -7,629,468 | -968 | -108,151 | -808,743 | -2,672,993 | -223,610 | |||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -3,827,296 | -43,922 | 3,871,218 | -1,900,013 | 1,034,048 | -331,223 | 454,571 | 742,617 | |||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -5,209 | -4,464 | -3,105 | 50,000 | |||||||||||
| Hire Purchase and Lease Commitments | -4,309,000 | -491,000 | -700,000 | -700,000 | 6,200,000 | ||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 861 | -9,346 | 1,024 | -26 | -1,715 | -920 | -357 | 433 | -1,441 | -363 | -2,245 | -4,942 | -3,792 | ||
| cash flow from financing | -4,348 | -13,810 | -2,081 | 387,262 | -15,147,373 | 9,554,461 | -44,842 | 16,764,210 | 1,523,200 | -1,901,454 | -3,275,315 | -824,468 | -250,371 | 38,825 | 8,306,695 |
| cash and cash equivalents | |||||||||||||||
| cash | -59,766 | 131,217 | -67,484 | 74,876 | 1,744 | 2,123 | -252,668 | -1,343,907 | 1,591,009 | -407 | -15,613 | -972,064 | -746,604 | 1,740,254 | |
| overdraft | -81,598 | -21,254 | 102,852 | -103,207 | -40,241 | -64,692 | 208,140 | ||||||||
| change in cash | -59,766 | 131,217 | -67,484 | 74,876 | 1,744 | 83,721 | 21,254 | -355,520 | -1,343,907 | 1,694,216 | 39,834 | 49,079 | -1,180,204 | -746,604 | 1,740,254 |
british institute of technology ltd Credit Report and Business Information
British Institute Of Technology Ltd Competitor Analysis
Perform a competitor analysis for british institute of technology ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in E 7 area or any other competitors across 12 key performance metrics.
british institute of technology ltd Ownership
BRITISH INSTITUTE OF TECHNOLOGY LTD group structure
British Institute Of Technology Ltd has no subsidiary companies.
Ultimate parent company
BRITISH INSTITUTE OF TECHNOLOGY LTD
04293041
british institute of technology ltd directors
British Institute Of Technology Ltd currently has 2 directors. The longest serving directors include Mr Muhammad Farmer (Sep 2001) and Professor Dominic Palmer-Brown (Mar 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Muhammad Farmer | England | 55 years | Sep 2001 | - | Director |
| Professor Dominic Palmer-Brown | England | 63 years | Mar 2021 | - | Director |
P&L
December 2023turnover
1.1m
+7%
operating profit
13k
-62%
gross margin
72.6%
-0.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
18.1m
0%
total assets
18.7m
0%
cash
82.7k
-0.42%
net assets
Total assets minus all liabilities
british institute of technology ltd company details
company number
04293041
Type
Private limited with Share Capital
industry
68202 - Letting and operating of conference and exhibition centres
85421 - First-degree level higher education
85422 - Post-graduate level higher education
incorporation date
September 2001
age
24
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
british institute of technology and e-commerce ltd (October 2015)
biotae ltd (February 2004)
accountant
-
auditor
ASHFORD LOUIS
address
252-256 romford road, london, E7 9HZ
Bank
-
Legal Advisor
-
british institute of technology ltd 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 british institute of technology ltd.
british institute of technology ltd 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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british institute of technology ltd Companies House Filings - See Documents
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