innovate awarding ltd
innovate awarding ltd Company Information
Company Number
07212507
Next Accounts
Apr 2026
Shareholders
lifetime training group ltd
Group Structure
View All
Industry
Educational support activities
Registered Address
clifton heights triangle west, bristol, BS8 1EJ
Website
www.innovateawarding.orginnovate awarding ltd Estimated Valuation
Pomanda estimates the enterprise value of INNOVATE AWARDING LTD at £8.4m based on a Turnover of £8.8m and 0.95x industry multiple (adjusted for size and gross margin).
innovate awarding ltd Estimated Valuation
Pomanda estimates the enterprise value of INNOVATE AWARDING LTD at £3.8m based on an EBITDA of £607k and a 6.2x industry multiple (adjusted for size and gross margin).
innovate awarding ltd Estimated Valuation
Pomanda estimates the enterprise value of INNOVATE AWARDING LTD at £39.8m based on Net Assets of £16.4m and 2.43x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Innovate Awarding Ltd Overview
Innovate Awarding Ltd is a live company located in bristol, BS8 1EJ with a Companies House number of 07212507. It operates in the educational support services sector, SIC Code 85600. Founded in April 2010, it's largest shareholder is lifetime training group ltd with a 100% stake. Innovate Awarding Ltd is a established, mid sized company, Pomanda has estimated its turnover at £8.8m with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Innovate Awarding Ltd Health Check
Pomanda's financial health check has awarded Innovate Awarding Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 1 areas for improvement. Company Health Check FAQs
4 Strong
5 Regular
1 Weak
Size
annual sales of £8.8m, make it larger than the average company (£384.3k)
£8.8m - Innovate Awarding Ltd
£384.3k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Innovate Awarding Ltd
- - Industry AVG
Production
with a gross margin of 97.4%, this company has a lower cost of product (71.4%)
97.4% - Innovate Awarding Ltd
71.4% - Industry AVG
Profitability
an operating margin of 5% make it as profitable than the average company (4.4%)
5% - Innovate Awarding Ltd
4.4% - Industry AVG
Employees
with 189 employees, this is above the industry average (10)
189 - Innovate Awarding Ltd
10 - Industry AVG
Pay Structure
on an average salary of £32.4k, the company has an equivalent pay structure (£28.9k)
£32.4k - Innovate Awarding Ltd
£28.9k - Industry AVG
Efficiency
resulting in sales per employee of £46.5k, this is equally as efficient (£53.4k)
£46.5k - Innovate Awarding Ltd
£53.4k - Industry AVG
Debtor Days
it gets paid by customers after 23 days, this is near the average (21 days)
23 days - Innovate Awarding Ltd
21 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is close to average (20 days)
21 days - Innovate Awarding Ltd
20 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Innovate Awarding Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 20 weeks, this is less cash available to meet short term requirements (91 weeks)
20 weeks - Innovate Awarding Ltd
91 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 12.3%, this is a lower level of debt than the average (34%)
12.3% - Innovate Awarding Ltd
34% - Industry AVG
INNOVATE AWARDING LTD financials
Innovate Awarding Ltd's latest turnover from July 2024 is £8.8 million and the company has net assets of £16.4 million. According to their latest financial statements, Innovate Awarding Ltd has 189 employees and maintains cash reserves of £918 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2024 | Jul 2023 | Jan 2022 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 8,784,000 | 11,973,000 | 11,422,452 | 6,118,901 | 5,474,489 | 1,714,651 | 2,923,127 | 2,646,156 | 2,302,547 | 2,567,076 | 3,764,417 | 2,868,820 | 884,286 |
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | 225,000 | 603,000 | 936,820 | 628,989 | 499,209 | 258,843 | 243,249 | 240,337 | 198,863 | 309,370 | 365,061 | 96,076 | 4,274 |
| Gross Profit | 8,559,000 | 11,370,000 | 10,485,632 | 5,489,912 | 4,975,280 | 1,455,808 | 2,679,878 | 2,405,819 | 2,103,684 | 2,257,706 | 3,399,356 | 2,772,744 | 880,012 |
| Admin Expenses | 8,119,000 | 9,826,000 | 1,176,132 | 902,056 | 813,718 | 713,288 | 176,329 | ||||||
| Operating Profit | 440,000 | 1,544,000 | 1,503,746 | 1,503,763 | 1,289,966 | 1,544,418 | 703,683 | ||||||
| Interest Payable | 54 | ||||||||||||
| Interest Receivable | |||||||||||||
| Pre-Tax Profit | 440,000 | 1,544,000 | 3,222,244 | 662,225 | 670,510 | 7,062 | 1,503,746 | 1,503,763 | 1,289,912 | 1,544,418 | 2,719,036 | 2,261,411 | 703,683 |
| Tax | 18,000 | -13,390 | 3,351 | 7,772 | -24,250 | -349,908 | -309,179 | -269,184 | 12,848 | -164,660 | -427,300 | -197,504 | |
| Profit After Tax | 458,000 | 1,544,000 | 3,208,854 | 665,576 | 678,282 | -17,188 | 1,153,838 | 1,194,584 | 1,020,728 | 1,557,266 | 2,554,376 | 1,834,111 | 506,179 |
| Dividends Paid | |||||||||||||
| Retained Profit | 458,000 | 1,544,000 | 3,208,854 | 665,576 | 678,282 | -17,188 | 1,153,838 | 1,194,584 | 1,020,728 | 1,557,266 | 2,554,376 | 1,834,111 | 506,179 |
| Employee Costs | 6,126,000 | 7,930,000 | 5,812,871 | 308,753 | 126,911 | ||||||||
| Number Of Employees | 189 | 168 | 111 | 89 | 54 | 22 | 14 | 14 | 11 | ||||
| EBITDA* | 607,000 | 1,819,000 | 1,560,728 | 1,537,550 | 1,313,132 | 1,570,301 | 707,403 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2024 | Jul 2023 | Jan 2022 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 9,000 | 11,000 | 35,682 | 77,725 | 114,119 | 66,238 | 32,399 | 29,639 | 2,616 | 4,944 | 13,928 | 21,906 | 25,932 |
| Intangible Assets | 241,000 | 256,000 | 303,264 | 390,264 | 569,811 | 516,518 | 178,946 | 128,242 | 74,100 | 65,754 | 68,653 | 57,379 | 36,330 |
| Investments & Other | |||||||||||||
| Debtors (Due After 1 year) | 18,000 | ||||||||||||
| Total Fixed Assets | 268,000 | 267,000 | 338,946 | 467,989 | 683,930 | 582,756 | 211,345 | 157,881 | 76,716 | 70,698 | 82,581 | 79,285 | 62,262 |
| Stock & work in progress | 2,000 | 2,000 | 2,000 | 24,128 | |||||||||
| Trade Debtors | 556,000 | 507,000 | 378,358 | 421,673 | 525,556 | 133,503 | 98,559 | 105,749 | 135,609 | 135,268 | 198,275 | 45,404 | |
| Group Debtors | 16,814,000 | 16,589,000 | 13,077,333 | 22,971,833 | 9,782,283 | 8,952,058 | 9,663,696 | 11,008,146 | 8,913,098 | 7,189,700 | 5,543,030 | 2,810,385 | 673,820 |
| Misc Debtors | 97,000 | 140,000 | 363,170 | 304,100 | 104,395 | 78,870 | 44,685 | 31,200 | 51,051 | 56,098 | 45,063 | 13,618 | |
| Cash | 918,000 | 430,000 | 1,454,088 | 1,563,725 | 415,078 | 176,893 | 62,365 | 109,265 | 239,440 | 355,315 | 377,608 | 21,751 | |
| misc current assets | |||||||||||||
| total current assets | 18,385,000 | 17,666,000 | 15,274,949 | 25,263,331 | 10,829,312 | 9,341,324 | 9,869,305 | 11,254,360 | 9,339,198 | 7,736,381 | 6,163,976 | 2,901,668 | 687,438 |
| total assets | 18,653,000 | 17,933,000 | 15,613,895 | 25,731,320 | 11,513,242 | 9,924,080 | 10,080,650 | 11,412,241 | 9,415,914 | 7,807,079 | 6,246,557 | 2,980,953 | 749,700 |
| Bank overdraft | |||||||||||||
| Bank loan | |||||||||||||
| Trade Creditors | 13,000 | 21,000 | 24,549 | 94,553 | 69,406 | 16,523 | 17,617 | 14,185 | 33,992 | 1,555 | 29,016 | ||
| Group/Directors Accounts | 1,175,000 | 940,000 | 506,358 | 13,515,416 | 43,000 | 43,000 | 43,000 | 2,465,857 | 1,771,201 | 1,226,754 | 1,171,137 | 192,032 | |
| other short term finances | 72,000 | 78,000 | |||||||||||
| hp & lease commitments | |||||||||||||
| other current liabilities | 1,106,000 | 1,071,000 | 750,930 | 953,602 | 731,512 | 7,779 | 200,044 | 261,522 | 157,867 | 94,400 | 179,198 | 448,630 | 214,504 |
| total current liabilities | 2,294,000 | 2,032,000 | 1,257,288 | 14,565,567 | 947,065 | 120,185 | 259,567 | 2,744,996 | 1,943,253 | 1,355,146 | 1,351,890 | 640,662 | 243,520 |
| loans | 18,000 | 84,000 | |||||||||||
| hp & lease commitments | |||||||||||||
| Accruals and Deferred Income | |||||||||||||
| other liabilities | |||||||||||||
| provisions | |||||||||||||
| total long term liabilities | 18,000 | 84,000 | |||||||||||
| total liabilities | 2,294,000 | 2,032,000 | 1,257,288 | 14,583,567 | 1,031,065 | 120,185 | 259,567 | 2,744,996 | 1,943,253 | 1,355,146 | 1,351,890 | 640,662 | 243,520 |
| net assets | 16,359,000 | 15,901,000 | 14,356,607 | 11,147,753 | 10,482,177 | 9,803,895 | 9,821,083 | 8,667,245 | 7,472,661 | 6,451,933 | 4,894,667 | 2,340,291 | 506,180 |
| total shareholders funds | 16,359,000 | 15,901,000 | 14,356,607 | 11,147,753 | 10,482,177 | 9,803,895 | 9,821,083 | 8,667,245 | 7,472,661 | 6,451,933 | 4,894,667 | 2,340,291 | 506,180 |
| Jul 2024 | Jul 2023 | Jan 2022 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 440,000 | 1,544,000 | 1,503,746 | 1,503,763 | 1,289,966 | 1,544,418 | 703,683 | ||||||
| Depreciation | 6,000 | 30,000 | 53,806 | 39,372 | 43,105 | 17,429 | 12,147 | 6,405 | 3,447 | 8,984 | 16,125 | 8,346 | 3,720 |
| Amortisation | 161,000 | 245,000 | 352,852 | 321,407 | 410,556 | 148,784 | 44,835 | 27,382 | 19,719 | 16,899 | 16,997 | ||
| Tax | 18,000 | -13,390 | 3,351 | 7,772 | -24,250 | -349,908 | -309,179 | -269,184 | 12,848 | -164,660 | -427,300 | -197,504 | |
| Stock | -2,000 | 2,000 | 2,000 | -24,128 | 24,128 | ||||||||
| Debtors | 249,000 | 3,417,139 | 13,818,861 | 13,285,372 | 1,247,803 | -642,509 | -1,338,155 | 2,045,337 | 1,718,692 | 1,594,698 | 2,930,579 | 2,168,351 | 687,438 |
| Creditors | -8,000 | 21,000 | -70,004 | 25,147 | 52,883 | -1,094 | 3,432 | -19,807 | 32,437 | 1,555 | -29,016 | 29,016 | |
| Accruals and Deferred Income | 35,000 | 320,070 | 750,930 | 222,090 | 723,733 | -192,265 | -61,478 | 103,655 | 63,467 | -84,798 | -269,432 | 234,126 | 214,504 |
| Deferred Taxes & Provisions | |||||||||||||
| Cash flow from operations | 403,000 | -1,255,069 | 2,486,403 | -709,879 | -631,084 | -63,910 | 65,981 | ||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | |||||||||||||
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | |||||||||||||
| Group/Directors Accounts | 235,000 | 433,642 | 506,358 | 13,472,416 | -2,422,857 | 694,656 | 544,447 | 55,617 | 979,105 | 192,032 | |||
| Other Short Term Loans | -6,000 | 78,000 | |||||||||||
| Long term loans | -66,000 | 84,000 | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||
| other long term liabilities | |||||||||||||
| share issue | |||||||||||||
| interest | -54 | ||||||||||||
| cash flow from financing | 235,000 | 434,035 | 11,654,111 | 13,400,416 | 162,000 | -2,422,857 | 694,656 | 544,393 | 55,617 | 979,105 | 192,032 | 1 | |
| cash and cash equivalents | |||||||||||||
| cash | 488,000 | -1,024,088 | 1,454,088 | 1,148,647 | 238,185 | 114,528 | -46,900 | -130,175 | -115,875 | -22,293 | 355,857 | 21,751 | |
| overdraft | |||||||||||||
| change in cash | 488,000 | -1,024,088 | 1,454,088 | 1,148,647 | 238,185 | 114,528 | -46,900 | -130,175 | -115,875 | -22,293 | 355,857 | 21,751 |
innovate awarding ltd Credit Report and Business Information
Innovate Awarding Ltd Competitor Analysis
Perform a competitor analysis for innovate awarding ltd by selecting its closest rivals, whether from the EDUCATION sector, other mid companies, companies in BS8 area or any other competitors across 12 key performance metrics.
innovate awarding ltd Ownership
INNOVATE AWARDING LTD group structure
Innovate Awarding Ltd has no subsidiary companies.
Ultimate parent company
2 parents
INNOVATE AWARDING LTD
07212507
innovate awarding ltd directors
Innovate Awarding Ltd currently has 4 directors. The longest serving directors include Mr John McNamara (Jun 2014) and Mrs Charlotte Bosworth (Mar 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John McNamara | United Kingdom | 72 years | Jun 2014 | - | Director |
| Mrs Charlotte Bosworth | England | 51 years | Mar 2021 | - | Director |
| Mr Geoffrey Russell | United Kingdom | 67 years | Aug 2022 | - | Director |
| Mr Michael Thomas | 49 years | Sep 2023 | - | Director |
P&L
July 2024turnover
8.8m
-27%
operating profit
440k
-72%
gross margin
97.5%
+2.61%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2024net assets
16.4m
+0.03%
total assets
18.7m
+0.04%
cash
918k
+1.13%
net assets
Total assets minus all liabilities
innovate awarding ltd company details
company number
07212507
Type
Private limited with Share Capital
industry
85600 - Educational support activities
incorporation date
April 2010
age
15
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
July 2024
previous names
lifetime awarding limited (October 2015)
accountant
-
auditor
BISHOP FLEMING LLP
address
clifton heights triangle west, bristol, BS8 1EJ
Bank
-
Legal Advisor
-
innovate awarding 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 found 4 charges/mortgages relating to innovate awarding ltd. Currently there are 3 open charges and 1 have been satisfied in the past.
innovate awarding 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.
Click to start generating capital raising & share issue transactions for INNOVATE AWARDING LTD. This can take several minutes, an email will notify you when this has completed.
innovate awarding ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
