first intuition reading limited Company Information
Company Number
07452771
Next Accounts
Sep 2025
Shareholders
first intuition limited
Group Structure
View All
Industry
Other education n.e.c.
Registered Address
fifth floor (south wing), reading bridge house, reading, RG1 8LS
Website
www.readingfi.comfirst intuition reading limited Estimated Valuation
Pomanda estimates the enterprise value of FIRST INTUITION READING LIMITED at £2.2m based on a Turnover of £2.6m and 0.84x industry multiple (adjusted for size and gross margin).
first intuition reading limited Estimated Valuation
Pomanda estimates the enterprise value of FIRST INTUITION READING LIMITED at £4.1m based on an EBITDA of £881.1k and a 4.68x industry multiple (adjusted for size and gross margin).
first intuition reading limited Estimated Valuation
Pomanda estimates the enterprise value of FIRST INTUITION READING LIMITED at £3.1m based on Net Assets of £1.4m and 2.29x industry multiple (adjusted for liquidity).
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First Intuition Reading Limited Overview
First Intuition Reading Limited is a live company located in reading, RG1 8LS with a Companies House number of 07452771. It operates in the other education n.e.c. sector, SIC Code 85590. Founded in November 2010, it's largest shareholder is first intuition limited with a 100% stake. First Intuition Reading Limited is a established, small sized company, Pomanda has estimated its turnover at £2.6m with healthy growth in recent years.
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First Intuition Reading Limited Health Check
Pomanda's financial health check has awarded First Intuition Reading Limited 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
4 Regular
4 Weak
Size
annual sales of £2.6m, make it larger than the average company (£501.1k)
- First Intuition Reading Limited
£501.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (6.3%)
- First Intuition Reading Limited
6.3% - Industry AVG
Production
with a gross margin of 56.7%, this company has a comparable cost of product (56.7%)
- First Intuition Reading Limited
56.7% - Industry AVG
Profitability
an operating margin of 33% make it more profitable than the average company (4.8%)
- First Intuition Reading Limited
4.8% - Industry AVG
Employees
with 45 employees, this is above the industry average (12)
45 - First Intuition Reading Limited
12 - Industry AVG
Pay Structure
on an average salary of £43.9k, the company has a higher pay structure (£29.5k)
£43.9k - First Intuition Reading Limited
£29.5k - Industry AVG
Efficiency
resulting in sales per employee of £57.6k, this is equally as efficient (£53.8k)
- First Intuition Reading Limited
£53.8k - Industry AVG
Debtor Days
it gets paid by customers after 30 days, this is later than average (18 days)
- First Intuition Reading Limited
18 days - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is close to average (24 days)
- First Intuition Reading Limited
24 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (4 days)
- First Intuition Reading Limited
4 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 60 weeks, this is less cash available to meet short term requirements (111 weeks)
60 weeks - First Intuition Reading Limited
111 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 32.9%, this is a higher level of debt than the average (24.5%)
32.9% - First Intuition Reading Limited
24.5% - Industry AVG
FIRST INTUITION READING LIMITED financials
First Intuition Reading Limited's latest turnover from December 2023 is estimated at £2.6 million and the company has net assets of £1.4 million. According to their latest financial statements, First Intuition Reading Limited has 45 employees and maintains cash reserves of £769.2 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 | Nov 2011 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 86,576 | ||||||||||||
Other Income Or Grants | |||||||||||||
Cost Of Sales | |||||||||||||
Gross Profit | |||||||||||||
Admin Expenses | |||||||||||||
Operating Profit | |||||||||||||
Interest Payable | 0 | ||||||||||||
Interest Receivable | 0 | ||||||||||||
Pre-Tax Profit | 0 | ||||||||||||
Tax | 0 | ||||||||||||
Profit After Tax | 0 | ||||||||||||
Dividends Paid | 0 | ||||||||||||
Retained Profit | 0 | ||||||||||||
Employee Costs | 1,976,780 | 1,513,895 | |||||||||||
Number Of Employees | 45 | 42 | 34 | 28 | 24 | 15 | 12 | 10 | 8 | ||||
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 | Nov 2011 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 24,895 | 31,692 | 50,132 | 21,235 | 34,738 | 47,562 | 37,791 | 39,067 | 46,665 | 59,533 | 63,477 | 77,594 | 0 |
Intangible Assets | 0 | 0 | 0 | 20,000 | 40,000 | 65,198 | 90,397 | 100,816 | 121,633 | 140,000 | 160,000 | 180,000 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 26 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37,725 | 0 |
Total Fixed Assets | 24,895 | 31,692 | 50,132 | 41,235 | 74,738 | 112,786 | 128,189 | 139,883 | 168,298 | 199,533 | 223,477 | 295,319 | 0 |
Stock & work in progress | 517 | 2,567 | 3,112 | 2,317 | 1,972 | 6,676 | 7,248 | 16,827 | 5,374 | 1,784 | 0 | 0 | 0 |
Trade Debtors | 219,626 | 267,202 | 368,175 | 205,185 | 260,120 | 353,765 | 245,373 | 259,396 | 160,118 | 113,167 | 130,521 | 81,648 | 52,188 |
Group Debtors | 571,584 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 439,830 | 260,922 | 78,993 | 88,220 | 79,085 | 86,210 | 60,103 | 59,211 | 38,378 | 73,339 | 0 | 0 | 0 |
Cash | 769,164 | 750,559 | 793,296 | 833,466 | 426,305 | 186,318 | 107,867 | 78,883 | 36,573 | 45,003 | 85,995 | 122,109 | 100 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 2,000,721 | 1,281,250 | 1,243,576 | 1,129,188 | 767,482 | 632,969 | 420,591 | 414,317 | 240,443 | 233,293 | 216,516 | 203,757 | 52,288 |
total assets | 2,025,616 | 1,312,942 | 1,293,708 | 1,170,423 | 842,220 | 745,755 | 548,780 | 554,200 | 408,741 | 432,826 | 439,993 | 499,076 | 52,288 |
Bank overdraft | 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 |
Trade Creditors | 76,079 | 143,205 | 202,956 | 130,090 | 93,675 | 104,910 | 53,297 | 35,126 | 27,386 | 14,941 | 438,115 | 494,506 | 52,188 |
Group/Directors Accounts | 0 | 0 | 5 | 0 | 0 | 12,338 | 9,413 | 180,393 | 972 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 107,500 | 37,500 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 590,089 | 473,853 | 305,880 | 377,362 | 325,593 | 233,964 | 179,963 | 180,529 | 125,258 | 345,370 | 0 | 0 | 0 |
total current liabilities | 666,168 | 617,058 | 508,841 | 507,452 | 419,268 | 458,712 | 280,173 | 396,048 | 153,616 | 360,311 | 438,115 | 494,506 | 52,188 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 170,000 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 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 |
provisions | 0 | 7,923 | 9,525 | 4,035 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 7,923 | 9,525 | 4,035 | 0 | 0 | 170,000 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 666,168 | 624,981 | 518,366 | 511,487 | 419,268 | 458,712 | 450,173 | 396,048 | 153,616 | 360,311 | 438,115 | 494,506 | 52,188 |
net assets | 1,359,448 | 687,961 | 775,342 | 658,936 | 422,952 | 287,043 | 98,607 | 158,152 | 255,125 | 72,515 | 1,878 | 4,570 | 100 |
total shareholders funds | 1,359,448 | 687,961 | 775,342 | 658,936 | 422,952 | 287,043 | 98,607 | 158,152 | 255,125 | 72,515 | 1,878 | 4,570 | 100 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Nov 2011 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||
Operating Profit | |||||||||||||
Depreciation | 25,706 | 29,940 | 33,183 | 32,623 | 30,961 | 27,989 | 18,899 | 17,923 | 18,252 | 21,608 | 16,074 | 15,448 | 0 |
Amortisation | 0 | 0 | 20,000 | 20,000 | 25,198 | 25,199 | 26,014 | 20,817 | 20,817 | 20,000 | 20,000 | 20,000 | 0 |
Tax | 0 | ||||||||||||
Stock | -2,050 | -545 | 795 | 345 | -4,704 | -572 | -9,579 | 11,453 | 3,590 | 1,784 | 0 | 0 | 0 |
Debtors | 702,916 | 80,956 | 153,763 | -45,800 | -100,770 | 134,499 | -13,131 | 120,111 | 11,990 | 55,985 | 11,148 | 67,185 | 52,188 |
Creditors | -67,126 | -59,751 | 72,866 | 36,415 | -11,235 | 51,613 | 18,171 | 7,740 | 12,445 | -423,174 | -56,391 | 442,318 | 52,188 |
Accruals and Deferred Income | 116,236 | 167,973 | -71,482 | 51,769 | 91,629 | 54,001 | -566 | 55,271 | -220,112 | 345,370 | 0 | 0 | 0 |
Deferred Taxes & Provisions | -7,923 | -1,602 | 5,490 | 4,035 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||||||||
Investing Activities | |||||||||||||
capital expenditure | |||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | -26 | 25 | 1 | 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 |
Group/Directors Accounts | 0 | -5 | 5 | 0 | -12,338 | 2,925 | -170,980 | 179,421 | 972 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | -107,500 | 70,000 | 37,500 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | -170,000 | 170,000 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 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 |
share issue | |||||||||||||
interest | 0 | ||||||||||||
cash flow from financing | 100 | ||||||||||||
cash and cash equivalents | |||||||||||||
cash | 18,605 | -42,737 | -40,170 | 407,161 | 239,987 | 78,451 | 28,984 | 42,310 | -8,430 | -40,992 | -36,114 | 122,009 | 100 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 18,605 | -42,737 | -40,170 | 407,161 | 239,987 | 78,451 | 28,984 | 42,310 | -8,430 | -40,992 | -36,114 | 122,009 | 100 |
first intuition reading limited Credit Report and Business Information
First Intuition Reading Limited Competitor Analysis
Perform a competitor analysis for first intuition reading limited by selecting its closest rivals, whether from the EDUCATION sector, other small companies, companies in RG1 area or any other competitors across 12 key performance metrics.
first intuition reading limited Ownership
FIRST INTUITION READING LIMITED group structure
First Intuition Reading Limited has no subsidiary companies.
Ultimate parent company
2 parents
FIRST INTUITION READING LIMITED
07452771
first intuition reading limited directors
First Intuition Reading Limited currently has 8 directors. The longest serving directors include Mr Matthew Dyson (Nov 2010) and Mrs Claire Salmon (Nov 2010).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Matthew Dyson | England | 54 years | Nov 2010 | - | Director |
Mrs Claire Salmon | England | 50 years | Nov 2010 | - | Director |
Mr Ryan Hill | England | 43 years | Nov 2010 | - | Director |
Mrs Joanne Dyson | England | 53 years | Dec 2012 | - | Director |
Mr John Bannon | England | 41 years | Nov 2019 | - | Director |
Ms Victoria Scott | England | 36 years | Jan 2022 | - | Director |
Mr Martin Taylor | England | 55 years | Sep 2023 | - | Director |
Mr Gabriel Behr | England | 51 years | Jun 2024 | - | Director |
P&L
December 2023turnover
2.6m
-3%
operating profit
855.4k
0%
gross margin
56.7%
+0.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.4m
+0.98%
total assets
2m
+0.54%
cash
769.2k
+0.02%
net assets
Total assets minus all liabilities
first intuition reading limited company details
company number
07452771
Type
Private limited with Share Capital
industry
85590 - Other education n.e.c.
incorporation date
November 2010
age
15
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
COOPER PARRY GROUP LIMITED
auditor
-
address
fifth floor (south wing), reading bridge house, reading, RG1 8LS
Bank
BARCLAYS BANK PLC
Legal Advisor
-
first intuition reading 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 2 charges/mortgages relating to first intuition reading limited. Currently there are 1 open charges and 1 have been satisfied in the past.
first intuition reading 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.
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first intuition reading limited Companies House Filings - See Documents
date | description | view/download |
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