the markfield institute of higher education
the markfield institute of higher education Company Information
Group Structure
View All
Industry
First-degree level higher education
+1Registered Address
markfield institute of higher ed, ratby lane, markfield, leicestershire, LE67 9SY
Website
http://mihe.ac.ukthe markfield institute of higher education Estimated Valuation
Pomanda estimates the enterprise value of THE MARKFIELD INSTITUTE OF HIGHER EDUCATION at £536.5k based on a Turnover of £610.3k and 0.88x industry multiple (adjusted for size and gross margin).
the markfield institute of higher education Estimated Valuation
Pomanda estimates the enterprise value of THE MARKFIELD INSTITUTE OF HIGHER EDUCATION at £3.1m based on an EBITDA of £727.2k and a 4.29x industry multiple (adjusted for size and gross margin).
the markfield institute of higher education Estimated Valuation
Pomanda estimates the enterprise value of THE MARKFIELD INSTITUTE OF HIGHER EDUCATION at £439k based on Net Assets of £185.5k and 2.37x industry multiple (adjusted for liquidity).
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The Markfield Institute Of Higher Education Overview
The Markfield Institute Of Higher Education is a live company located in markfield, LE67 9SY with a Companies House number of 06471324. It operates in the first-degree level higher education sector, SIC Code 85421. Founded in January 2008, it's largest shareholder is unknown. The Markfield Institute Of Higher Education is a established, small sized company, Pomanda has estimated its turnover at £610.3k with low growth in recent years.
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The Markfield Institute Of Higher Education Health Check
Pomanda's financial health check has awarded The Markfield Institute Of Higher Education a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
8 Weak
Size
annual sales of £610.3k, make it smaller than the average company (£2m)
£610.3k - The Markfield Institute Of Higher Education
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (7.3%)
1% - The Markfield Institute Of Higher Education
7.3% - Industry AVG
Production
with a gross margin of 56.7%, this company has a comparable cost of product (56.7%)
56.7% - The Markfield Institute Of Higher Education
56.7% - Industry AVG
Profitability
an operating margin of 119.1% make it more profitable than the average company (11.5%)
119.1% - The Markfield Institute Of Higher Education
11.5% - Industry AVG
Employees
with 13 employees, this is below the industry average (29)
13 - The Markfield Institute Of Higher Education
29 - Industry AVG
Pay Structure
on an average salary of £33.4k, the company has an equivalent pay structure (£39.7k)
£33.4k - The Markfield Institute Of Higher Education
£39.7k - Industry AVG
Efficiency
resulting in sales per employee of £46.9k, this is less efficient (£104.7k)
£46.9k - The Markfield Institute Of Higher Education
£104.7k - Industry AVG
Debtor Days
it gets paid by customers after 137 days, this is later than average (31 days)
137 days - The Markfield Institute Of Higher Education
31 days - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (37 days)
9 days - The Markfield Institute Of Higher Education
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Markfield Institute Of Higher Education
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (64 weeks)
11 weeks - The Markfield Institute Of Higher Education
64 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 72%, this is a higher level of debt than the average (39.8%)
72% - The Markfield Institute Of Higher Education
39.8% - Industry AVG
THE MARKFIELD INSTITUTE OF HIGHER EDUCATION financials
The Markfield Institute Of Higher Education's latest turnover from December 2023 is £610.3 thousand and the company has net assets of £185.5 thousand. According to their latest financial statements, The Markfield Institute Of Higher Education has 13 employees and maintains cash reserves of £109.1 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 | 610,283 | 630,320 | 1,033,083 | 595,585 | 712,038 | 528,120 | 561,153 | 514,350 | 538,617 | 518,616 | 635,945 | 631,559 | 961,911 | 775,290 | 371,819 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 550,420 | 559,501 | 377,146 | 41,257 | 236,440 | -9,853 | 68,852 | 47,641 | 1,807 | 14,963 | 110,590 | -474,875 | 202,072 | 213,948 | -278,855 |
| Tax | |||||||||||||||
| Profit After Tax | 550,420 | 559,501 | 377,146 | 41,257 | 236,440 | -9,853 | 68,852 | 47,641 | 1,807 | 14,963 | 110,590 | -474,875 | 202,072 | 213,948 | -278,855 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 550,420 | 559,501 | 377,146 | 41,257 | 236,440 | -9,853 | 68,852 | 47,641 | 1,807 | 14,963 | 110,590 | -474,875 | 202,072 | 213,948 | -278,855 |
| Employee Costs | 434,744 | 428,439 | 394,715 | 337,960 | 304,316 | 314,514 | 302,734 | 294,958 | 308,291 | 305,137 | 313,209 | 383,756 | 369,576 | 337,632 | 374,382 |
| Number Of Employees | 13 | 13 | 13 | 13 | 12 | 13 | 12 | 12 | 12 | 11 | 11 | 13 | |||
| EBITDA* |
* 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 | 1,448 | 1,102 | 57 | 85 | 998 | 2,439 | 3,995 | 5,552 | 3,770 | 2,221 | 3,767 | 7,375 | 5,507 | 7,878 | 8,963 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 250,000 | 250,000 | 250,000 | ||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 251,448 | 251,102 | 250,057 | 85 | 998 | 2,439 | 3,995 | 5,552 | 3,770 | 2,221 | 3,767 | 7,375 | 5,507 | 7,878 | 8,963 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 230,153 | 157,567 | 243,562 | 254,357 | 236,462 | 165,276 | 164,812 | 164,839 | 123,845 | 111,465 | 53,706 | 69,434 | 458,050 | 214,521 | 32,084 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 72,617 | 69,748 | 102,647 | 56,177 | 56,151 | 24,658 | 10,052 | 18,207 | 13,928 | 13,049 | 9,409 | 8,481 | 2,409 | 513 | |
| Cash | 109,062 | 164,316 | 96,786 | 132,838 | 102,510 | 10,534 | 2,437 | 7,742 | 26,333 | 21,536 | 8,494 | 66,620 | 139,229 | 12,465 | 561 |
| misc current assets | 64 | ||||||||||||||
| total current assets | 411,832 | 391,631 | 442,995 | 443,372 | 395,123 | 200,468 | 177,301 | 190,788 | 164,106 | 146,050 | 71,609 | 144,535 | 599,688 | 227,499 | 32,709 |
| total assets | 663,280 | 642,733 | 693,052 | 443,457 | 396,121 | 202,907 | 181,296 | 196,340 | 167,876 | 148,271 | 75,376 | 151,910 | 605,195 | 235,377 | 41,672 |
| Bank overdraft | 13,954 | ||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 6,691 | 6,465 | 9,435 | 3,737 | 7,896 | 19,011 | 15,495 | 68,606 | 90,764 | 96,863 | 136,461 | 158,174 | 144,959 | 7,945 | 19,792 |
| Group/Directors Accounts | 22,752 | 22,752 | 20,400 | 20,400 | 20,400 | 20,400 | 20,400 | ||||||||
| other short term finances | 42,000 | 46,000 | 56,000 | 69,500 | 69,500 | 91,500 | 81,500 | 48,500 | 420 | ||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 471,138 | 390,954 | 367,484 | 131,543 | 94,553 | 93,911 | 41,711 | 42,751 | 11,840 | 11,006 | 11,708 | 14,233 | 21,807 | 11,863 | 18,240 |
| total current liabilities | 477,829 | 397,419 | 376,919 | 177,280 | 148,449 | 168,922 | 126,706 | 180,857 | 216,856 | 212,121 | 217,069 | 192,807 | 187,166 | 40,208 | 72,806 |
| loans | 148,307 | 85,427 | 296,813 | 280,866 | 260,076 | 244,224 | |||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 3,495 | ||||||||||||||
| other liabilities | 92,190 | 114,942 | 137,695 | 148,447 | 178,192 | 161,370 | |||||||||
| provisions | |||||||||||||||
| total long term liabilities | 92,190 | 114,942 | 137,695 | 148,447 | 178,192 | 161,370 | 148,307 | 85,427 | 296,813 | 280,866 | 260,076 | 247,719 | |||
| total liabilities | 477,829 | 397,419 | 376,919 | 269,470 | 263,391 | 306,617 | 275,153 | 359,049 | 378,226 | 360,428 | 302,496 | 489,620 | 468,032 | 300,284 | 320,525 |
| net assets | 185,451 | 245,314 | 316,133 | 173,987 | 132,730 | -103,710 | -93,857 | -162,709 | -210,350 | -212,157 | -227,120 | -337,710 | 137,163 | -64,907 | -278,853 |
| total shareholders funds | 185,451 | 245,314 | 316,133 | 173,987 | 132,730 | -103,710 | -93,857 | -162,709 | -210,350 | -212,157 | -227,120 | -337,710 | 137,163 | -64,907 | -278,853 |
| 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 | |||||||||||||||
| Depreciation | 459 | 294 | 28 | 913 | 1,583 | 1,556 | 1,557 | 2,649 | 1,791 | 1,546 | 3,608 | 3,605 | 2,515 | 2,484 | 2,062 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 75,455 | -118,894 | 35,675 | 17,921 | 102,679 | 15,070 | -8,182 | 45,273 | 13,259 | 61,399 | -14,800 | -382,544 | 245,425 | 182,950 | 32,084 |
| Creditors | 226 | -2,970 | 5,698 | -4,159 | -11,115 | 3,516 | -53,111 | -22,158 | -6,099 | -39,598 | -21,713 | 13,215 | 137,014 | -11,847 | 19,792 |
| Accruals and Deferred Income | 80,184 | 23,470 | 235,941 | 36,990 | 642 | 52,200 | -1,040 | 30,911 | 834 | -702 | -2,525 | -7,574 | 9,944 | -9,872 | 21,735 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | -4,431 | -3,340 | |||||||||||||
| Change in Investments | 250,000 | ||||||||||||||
| cash flow from investments | -250,000 | -4,431 | -3,340 | ||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -22,752 | 2,352 | 20,400 | ||||||||||||
| Other Short Term Loans | -42,000 | -4,000 | -10,000 | -13,500 | -22,000 | 10,000 | 33,000 | 48,500 | -420 | 420 | |||||
| Long term loans | -148,307 | 62,880 | -211,386 | 15,947 | 20,790 | 15,852 | 244,224 | ||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -92,190 | -22,752 | -22,753 | -10,752 | -29,745 | 16,822 | 161,370 | ||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | -610,283 | -630,320 | -369,190 | -26,752 | -32,753 | -24,252 | -29,745 | -27,930 | 23,063 | 98,232 | -162,886 | 15,949 | 20,788 | 15,430 | 265,046 |
| cash and cash equivalents | |||||||||||||||
| cash | -55,254 | 67,530 | -36,052 | 30,328 | 91,976 | 8,097 | -5,305 | -18,591 | 4,797 | 13,042 | -58,126 | -72,609 | 126,764 | 11,904 | 561 |
| overdraft | -13,954 | 13,954 | |||||||||||||
| change in cash | -55,254 | 67,530 | -36,052 | 30,328 | 91,976 | 8,097 | -5,305 | -18,591 | 4,797 | 13,042 | -58,126 | -72,609 | 126,764 | 25,858 | -13,393 |
the markfield institute of higher education Credit Report and Business Information
The Markfield Institute Of Higher Education Competitor Analysis
Perform a competitor analysis for the markfield institute of higher education by selecting its closest rivals, whether from the EDUCATION sector, other small companies, companies in LE67 area or any other competitors across 12 key performance metrics.
the markfield institute of higher education Ownership
THE MARKFIELD INSTITUTE OF HIGHER EDUCATION group structure
The Markfield Institute Of Higher Education has no subsidiary companies.
Ultimate parent company
THE MARKFIELD INSTITUTE OF HIGHER EDUCATION
06471324
the markfield institute of higher education directors
The Markfield Institute Of Higher Education currently has 6 directors. The longest serving directors include Mr Farooq Murad (Jan 2008) and Mr Muhammad Ahsan (Mar 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Farooq Murad | United Kingdom | 63 years | Jan 2008 | - | Director |
| Mr Muhammad Ahsan | 78 years | Mar 2016 | - | Director | |
| Mr Salman Ahmad | England | 51 years | Mar 2017 | - | Director |
| Mr Muhammad Abdullah | England | 50 years | Nov 2019 | - | Director |
| Dr Mahera Ruby | United Kingdom | 53 years | Nov 2019 | - | Director |
| Dr Muhammad Ally | Wales | 73 years | Jun 2022 | - | Director |
P&L
December 2023turnover
610.3k
-3%
operating profit
726.7k
0%
gross margin
56.8%
-3.32%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
185.5k
-0.24%
total assets
663.3k
+0.03%
cash
109.1k
-0.34%
net assets
Total assets minus all liabilities
the markfield institute of higher education company details
company number
06471324
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
85421 - First-degree level higher education
85422 - Post-graduate level higher education
incorporation date
January 2008
age
17
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
TC GROUP
address
markfield institute of higher ed, ratby lane, markfield, leicestershire, LE67 9SY
Bank
-
Legal Advisor
-
the markfield institute of higher education 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 the markfield institute of higher education.
the markfield institute of higher education 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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the markfield institute of higher education Companies House Filings - See Documents
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