bimm university limited
bimm university limited Company Information
Company Number
06347465
Next Accounts
May 2025
Shareholders
bimm group ltd
Group Structure
View All
Industry
First-degree level higher education
Registered Address
38-42 brunswick street west, hove, east sussex, BN3 1EL
Website
http://www.bimm.ac.ukbimm university limited Estimated Valuation
Pomanda estimates the enterprise value of BIMM UNIVERSITY LIMITED at £150.4m based on a Turnover of £76.3m and 1.97x industry multiple (adjusted for size and gross margin).
bimm university limited Estimated Valuation
Pomanda estimates the enterprise value of BIMM UNIVERSITY LIMITED at £266m based on an EBITDA of £29.4m and a 9.05x industry multiple (adjusted for size and gross margin).
bimm university limited Estimated Valuation
Pomanda estimates the enterprise value of BIMM UNIVERSITY LIMITED at £287.6m based on Net Assets of £122.5m and 2.35x industry multiple (adjusted for liquidity).
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Bimm University Limited Overview
Bimm University Limited is a live company located in east sussex, BN3 1EL with a Companies House number of 06347465. It operates in the first-degree level higher education sector, SIC Code 85421. Founded in August 2007, it's largest shareholder is bimm group ltd with a 100% stake. Bimm University Limited is a established, large sized company, Pomanda has estimated its turnover at £76.3m with healthy growth in recent years.
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Bimm University Limited Health Check
Pomanda's financial health check has awarded Bimm University Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
2 Weak
Size
annual sales of £76.3m, make it larger than the average company (£2.7m)
£76.3m - Bimm University Limited
£2.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (4%)
14% - Bimm University Limited
4% - Industry AVG
Production
with a gross margin of 52.5%, this company has a comparable cost of product (52.5%)
52.5% - Bimm University Limited
52.5% - Industry AVG
Profitability
an operating margin of 30% make it more profitable than the average company (7.9%)
30% - Bimm University Limited
7.9% - Industry AVG
Employees
with 692 employees, this is above the industry average (38)
692 - Bimm University Limited
38 - Industry AVG
Pay Structure
on an average salary of £30.9k, the company has an equivalent pay structure (£37.1k)
£30.9k - Bimm University Limited
£37.1k - Industry AVG
Efficiency
resulting in sales per employee of £110.2k, this is more efficient (£87k)
£110.2k - Bimm University Limited
£87k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is earlier than average (18 days)
8 days - Bimm University Limited
18 days - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is quicker than average (38 days)
19 days - Bimm University Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Bimm University Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (62 weeks)
11 weeks - Bimm University Limited
62 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.5%, this is a lower level of debt than the average (39.5%)
23.5% - Bimm University Limited
39.5% - Industry AVG
BIMM UNIVERSITY LIMITED financials
Bimm University Limited's latest turnover from August 2023 is £76.3 million and the company has net assets of £122.5 million. According to their latest financial statements, Bimm University Limited has 692 employees and maintains cash reserves of £8.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 76,283,065 | 73,314,100 | 63,513,041 | 51,639,035 | 43,329,934 | 41,571,298 | 26,537,128 | 0 | 0 | 0 | 0 | 0 | 0 | 6,139,825 | 4,737,367 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | ||||||||||
| Cost Of Sales | 8,736,565 | 9,437,952 | 0 | 1,631,513 | 1,305,657 | ||||||||||
| Gross Profit | 32,834,733 | 17,099,176 | 0 | 4,508,312 | 3,431,710 | ||||||||||
| Admin Expenses | 22,371,391 | 12,738,490 | 0 | 2,774,334 | 2,397,908 | ||||||||||
| Operating Profit | 10,463,342 | 4,360,686 | 0 | 1,733,978 | 1,033,802 | ||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 73,050 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 165,349 | 181,665 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 230 | 7,200 |
| Pre-Tax Profit | 18,523,298 | 19,852,046 | 17,344,582 | 14,530,302 | 12,402,645 | 10,390,292 | 4,371,748 | 0 | -6,039 | -7,685 | -5,225 | -7,752 | -62,744 | 1,568,859 | 859,337 |
| Tax | -1,158,103 | -712,307 | -1,277,767 | -771,147 | -657,686 | 51,153 | -134,910 | 0 | 0 | 0 | 0 | 0 | 0 | -365,973 | -233,344 |
| Profit After Tax | 17,365,195 | 19,139,739 | 16,066,815 | 13,759,155 | 11,744,959 | 10,441,445 | 4,236,838 | 0 | -6,039 | -7,685 | -5,225 | -7,752 | -62,744 | 1,202,886 | 625,993 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 450,000 |
| Retained Profit | 17,365,195 | 19,139,739 | 16,066,815 | 13,832,434 | 11,744,959 | 10,441,445 | 4,236,838 | 0 | -6,039 | -7,685 | -5,225 | -7,752 | -62,744 | 1,202,886 | 175,993 |
| Employee Costs | 21,411,843 | 19,773,021 | 16,937,926 | 13,106,825 | 9,799,342 | 8,987,004 | 5,566,611 | 0 | 0 | 15,040 | 1,446,976 | 1,372,207 | |||
| Number Of Employees | 692 | 719 | 601 | 552 | 487 | 441 | 278 | 45 | 41 | ||||||
| EBITDA* | 15,262,661 | 5,532,926 | 0 | 2,271,639 | 1,108,546 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 37,488,777 | 36,507,236 | 29,192,456 | 24,144,588 | 21,521,630 | 22,327,569 | 2,113,467 | 0 | 0 | 0 | 0 | 0 | 0 | 7,235,840 | 6,275,214 |
| Intangible Assets | 6,086,136 | 7,926,529 | 9,766,921 | 10,559,454 | 10,352,690 | 12,263,776 | 12,525,708 | 0 | 0 | 0 | 0 | 0 | 0 | 4,000,804 | 4,445,338 |
| Investments & Other | 0 | 0 | 0 | 313,087 | 239,808 | 153,726 | 16,684,503 | 30,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 398,577 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 43,574,913 | 44,433,765 | 38,959,377 | 35,017,129 | 32,114,128 | 35,143,648 | 31,323,678 | 30,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 11,236,644 | 10,720,552 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 150,128 | 141,009 |
| Trade Debtors | 1,770,096 | 1,810,321 | 1,334,452 | 1,068,913 | 313,438 | 29,350 | 188,391 | 0 | 0 | 0 | 0 | 0 | 0 | 143,224 | 123,712 |
| Group Debtors | 104,006,210 | 88,749,283 | 68,045,331 | 49,670,729 | 36,957,270 | 27,427,125 | 31,593,040 | 1,008 | 1,008 | 10,551 | 10,551 | 11,734 | 11,734 | 0 | 0 |
| Misc Debtors | 2,562,060 | 4,211,205 | 1,951,304 | 1,765,644 | 1,495,389 | 828,056 | 400,196 | 0 | 0 | 0 | 0 | 0 | 594 | 132,597 | 152,752 |
| Cash | 8,078,784 | 3,383,424 | 11,211,035 | 12,568,476 | 9,472,635 | 9,835,085 | 3,383,423 | 5,754 | 0 | 0 | 0 | 0 | 0 | 1,247,035 | 1,149,881 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 57,352 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 116,417,150 | 98,154,233 | 82,542,122 | 65,073,762 | 48,238,732 | 38,176,968 | 35,565,050 | 6,762 | 1,008 | 10,551 | 10,551 | 11,734 | 12,328 | 1,672,984 | 1,567,354 |
| total assets | 159,992,063 | 142,587,998 | 121,501,499 | 100,090,891 | 80,352,860 | 73,320,616 | 66,888,728 | 30,006,762 | 10,001,008 | 10,010,551 | 10,010,551 | 10,011,734 | 10,012,328 | 12,909,628 | 12,287,906 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 168,639 | 220,104 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,923,170 | 2,451,158 | 1,912,191 | 1,292,751 | 1,568,134 | 975,637 | 631,788 | 4,080 | 4,081 | 5,085 | 4,080 | 0 | 0 | 129,217 | 329,439 |
| Group/Directors Accounts | 19,862,400 | 20,003,098 | 19,902,760 | 18,519,199 | 15,368,555 | 19,418,555 | 91,938,349 | 21,342,050 | 1,336,295 | 1,336,295 | 1,332,215 | 1,329,753 | 0 | 0 | 449,314 |
| 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 | 27,687 | 0 |
| other current liabilities | 13,251,798 | 13,793,361 | 13,781,819 | 10,196,944 | 7,220,268 | 8,573,028 | 6,409,408 | 2,500 | 2,500 | 5,000 | 2,500 | 5,000 | 121,672 | 3,147,092 | 2,176,791 |
| total current liabilities | 35,037,368 | 36,247,617 | 35,596,770 | 30,008,894 | 24,156,957 | 28,967,220 | 98,979,545 | 21,348,630 | 1,342,876 | 1,346,380 | 1,338,795 | 1,334,753 | 121,672 | 3,472,635 | 3,175,648 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,205,923 | 3,284,577 | 3,460,259 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25,795 | 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 | 116,667 | 450,000 |
| provisions | 2,500,886 | 1,531,333 | 424,067 | 201,757 | 45,609 | 37,877 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 168,728 | 119,125 |
| total long term liabilities | 2,500,886 | 1,531,333 | 424,067 | 201,757 | 45,609 | 37,877 | 0 | 0 | 0 | 0 | 0 | 0 | 1,205,923 | 3,595,767 | 4,029,384 |
| total liabilities | 37,538,254 | 37,778,950 | 36,020,837 | 30,210,651 | 24,202,566 | 29,005,097 | 98,979,545 | 21,348,630 | 1,342,876 | 1,346,380 | 1,338,795 | 1,334,753 | 1,327,595 | 7,068,402 | 7,205,032 |
| net assets | 122,453,809 | 104,809,048 | 85,480,662 | 69,880,240 | 56,150,294 | 44,315,519 | -32,090,817 | 8,658,132 | 8,658,132 | 8,664,171 | 8,671,756 | 8,676,981 | 8,684,733 | 5,841,226 | 5,082,874 |
| total shareholders funds | 122,453,809 | 104,809,048 | 85,480,662 | 69,880,240 | 56,150,294 | 44,315,519 | -32,090,817 | 8,658,132 | 8,658,132 | 8,664,171 | 8,671,756 | 8,676,981 | 8,684,733 | 5,841,226 | 5,082,874 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 10,463,342 | 4,360,686 | 0 | 1,733,978 | 1,033,802 | ||||||||||
| Depreciation | 4,689,539 | 3,661,298 | 2,675,302 | 2,524,031 | 2,498,345 | 2,443,699 | 55,077 | 0 | 0 | 0 | 0 | 0 | 0 | 93,127 | 74,744 |
| Amortisation | 1,840,393 | 1,840,392 | 1,785,467 | 2,093,291 | 1,911,086 | 2,355,620 | 1,117,163 | 0 | 0 | 0 | 0 | 0 | 0 | 444,534 | |
| Tax | -1,158,103 | -712,307 | -1,277,767 | -771,147 | -657,686 | 51,153 | -134,910 | 0 | 0 | 0 | 0 | 0 | 0 | -365,973 | -233,344 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -150,128 | 9,119 | 141,009 |
| Debtors | 13,567,557 | 23,439,722 | 18,825,801 | 13,739,189 | 10,082,989 | -3,498,519 | 32,180,619 | 0 | -9,543 | 0 | -1,183 | -594 | -263,493 | -643 | 276,464 |
| Creditors | -527,988 | 538,967 | 619,440 | -275,383 | 592,497 | 343,849 | 627,708 | -1 | -1,004 | 1,005 | 4,080 | 0 | -129,217 | -200,222 | 329,439 |
| Accruals and Deferred Income | -541,563 | 11,542 | 3,584,875 | 2,976,676 | -1,352,760 | 2,163,620 | 6,406,908 | 0 | -2,500 | 2,500 | -2,500 | -116,672 | -3,025,420 | 970,301 | 2,176,791 |
| Deferred Taxes & Provisions | 969,553 | 1,107,266 | 222,310 | 156,148 | 7,732 | 37,877 | 0 | 0 | 0 | 0 | 0 | 0 | -168,728 | 49,603 | 119,125 |
| Cash flow from operations | 21,357,679 | -19,747,987 | -1 | 2,716,872 | |||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -3,814,491 | -975,630 | -2,120,800 | |||||||
| Change in Investments | 0 | 0 | -313,087 | 73,279 | 86,082 | -16,530,777 | -13,315,497 | 20,000,000 | 0 | 0 | 0 | 0 | 10,000,000 | 0 | 0 |
| cash flow from investments | 0 | 0 | 313,087 | -73,279 | -86,082 | 12,716,286 | -975,630 | -2,120,800 | |||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -140,698 | 100,338 | 1,383,561 | 3,150,644 | -4,050,000 | -72,519,794 | 70,596,299 | 20,005,755 | 0 | 4,080 | 2,462 | 1,329,753 | 0 | -449,314 | 449,314 |
| 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 | -1,205,923 | -2,078,654 | -175,682 | 3,460,259 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -53,482 | 53,482 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -116,667 | -333,333 | 450,000 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | -73,050 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -165,119 | -174,465 |
| cash flow from financing | 138,868 | 288,985 | 917,168 | 3,048,156 | -3,960,184 | -6,627,953 | 25,610,512 | 20,005,755 | 0 | 4,180 | 2,462 | 123,830 | 657,448 | -1,514,500 | 9,091,989 |
| cash and cash equivalents | |||||||||||||||
| cash | 4,695,360 | -7,827,611 | -1,357,441 | 3,095,841 | -362,450 | 6,451,662 | 3,377,669 | 5,754 | 0 | 0 | 0 | 0 | -1,247,035 | 97,154 | 1,149,881 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -168,639 | -51,465 | 220,104 |
| change in cash | 4,695,360 | -7,827,611 | -1,357,441 | 3,095,841 | -362,450 | 6,451,662 | 3,377,669 | 5,754 | 0 | 0 | 0 | 0 | -1,078,396 | 148,619 | 929,777 |
bimm university limited Credit Report and Business Information
Bimm University Limited Competitor Analysis
Perform a competitor analysis for bimm university limited by selecting its closest rivals, whether from the EDUCATION sector, other large companies, companies in BN3 area or any other competitors across 12 key performance metrics.
bimm university limited Ownership
BIMM UNIVERSITY LIMITED group structure
Bimm University Limited has 12 subsidiary companies.
Ultimate parent company
2 parents
BIMM UNIVERSITY LIMITED
06347465
12 subsidiaries
bimm university limited directors
Bimm University Limited currently has 4 directors. The longest serving directors include Professor Mark Hunt (Feb 2019) and Mr Bernard Coady (Aug 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Professor Mark Hunt | England | 64 years | Feb 2019 | - | Director |
| Mr Bernard Coady | England | 45 years | Aug 2022 | - | Director |
| Mr David Jones-Owen | England | 44 years | Dec 2022 | - | Director |
| Ms Fiona Page | 63 years | Aug 2023 | - | Director |
P&L
August 2023turnover
76.3m
+4%
operating profit
22.9m
0%
gross margin
52.5%
-0.86%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
122.5m
+0.17%
total assets
160m
+0.12%
cash
8.1m
+1.39%
net assets
Total assets minus all liabilities
bimm university limited company details
company number
06347465
Type
Private limited with Share Capital
industry
85421 - First-degree level higher education
incorporation date
August 2007
age
18
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
August 2023
previous names
bimm limited (July 2022)
accountant
-
auditor
GRANT THORNTON UK LLP
address
38-42 brunswick street west, hove, east sussex, BN3 1EL
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
bimm university limited 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 found 9 charges/mortgages relating to bimm university limited. Currently there are 2 open charges and 7 have been satisfied in the past.
bimm university limited 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.
Click to start generating capital raising & share issue transactions for BIMM UNIVERSITY LIMITED. This can take several minutes, an email will notify you when this has completed.
bimm university limited Companies House Filings - See Documents
| date | description | view/download |
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