first intuition reading limited

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first intuition reading limited Company Information

Share FIRST INTUITION READING LIMITED

Company Number

07452771

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

first intuition reading limited Estimated Valuation

£2.2m

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

£4.1m

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

£3.1m

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

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £2.6m, make it larger than the average company (£501.1k)

£2.6m - First Intuition Reading Limited

£501.1k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (6.3%)

6% - First Intuition Reading Limited

6.3% - Industry AVG

production

Production

with a gross margin of 56.7%, this company has a comparable cost of product (56.7%)

56.7% - First Intuition Reading Limited

56.7% - Industry AVG

profitability

Profitability

an operating margin of 33% make it more profitable than the average company (4.8%)

33% - First Intuition Reading Limited

4.8% - Industry AVG

employees

Employees

with 45 employees, this is above the industry average (12)

45 - First Intuition Reading Limited

12 - Industry AVG

paystructure

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

Efficiency

resulting in sales per employee of £57.6k, this is equally as efficient (£53.8k)

£57.6k - First Intuition Reading Limited

£53.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 30 days, this is later than average (18 days)

30 days - First Intuition Reading Limited

18 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 24 days, this is close to average (24 days)

24 days - First Intuition Reading Limited

24 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 0 days, this is less than average (4 days)

0 days - First Intuition Reading Limited

4 days - Industry AVG

cashbalance

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

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Nov 2011
Turnover2,593,7582,678,2063,263,7132,198,5412,176,0392,396,8541,724,1501,848,9061,138,6121,309,4832,708,2282,038,34686,576
Other Income Or Grants0000000000000
Cost Of Sales1,123,2471,173,0941,512,4701,079,1701,076,1941,257,205901,826963,666593,091714,1971,432,1061,033,19544,140
Gross Profit1,470,5111,505,1131,751,2421,119,3711,099,8441,139,649822,323885,240545,521595,2861,276,1221,005,15142,436
Admin Expenses615,0881,619,5111,609,564828,663930,724897,484875,591982,357317,462506,2001,279,334999,70742,436
Operating Profit855,423-114,398141,678290,708169,120242,165-53,268-97,117228,05989,086-3,2125,4440
Interest Payable00003,62810,6316,744000000
Interest Receivable39,89327,0172,0336302,2971,1034671442043285203060
Pre-Tax Profit895,316-87,381143,711291,338167,789232,637-59,545-96,973228,26389,414-2,6925,7500
Tax-223,8290-27,305-55,354-31,880-44,20100-45,652-18,7770-1,3800
Profit After Tax671,487-87,381116,406235,984135,909188,436-59,545-96,973182,61070,637-2,6924,3700
Dividends Paid0000000000000
Retained Profit671,487-87,381116,406235,984135,909188,436-59,545-96,973182,61070,637-2,6924,3700
Employee Costs1,976,7801,513,895931,442747,796613,440375,900289,365238,244192,374614,9051,267,701992,71946,498
Number Of Employees454234282415121082553422
EBITDA*881,129-84,458194,861343,331225,279295,353-8,355-58,377267,128130,69432,86240,8920

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Nov 2011
Tangible Assets24,89531,69250,13221,23534,73847,56237,79139,06746,66559,53363,47777,5940
Intangible Assets00020,00040,00065,19890,397100,816121,633140,000160,000180,0000
Investments & Other00000261000000
Debtors (Due After 1 year)0000000000037,7250
Total Fixed Assets24,89531,69250,13241,23574,738112,786128,189139,883168,298199,533223,477295,3190
Stock & work in progress5172,5673,1122,3171,9726,6767,24816,8275,3741,784000
Trade Debtors219,626267,202368,175205,185260,120353,765245,373259,396160,118113,167130,52181,64852,188
Group Debtors571,584000000000000
Misc Debtors439,830260,92278,99388,22079,08586,21060,10359,21138,37873,339000
Cash769,164750,559793,296833,466426,305186,318107,86778,88336,57345,00385,995122,109100
misc current assets0000000000000
total current assets2,000,7211,281,2501,243,5761,129,188767,482632,969420,591414,317240,443233,293216,516203,75752,288
total assets2,025,6161,312,9421,293,7081,170,423842,220745,755548,780554,200408,741432,826439,993499,07652,288
Bank overdraft0000000000000
Bank loan0000000000000
Trade Creditors 76,079143,205202,956130,09093,675104,91053,29735,12627,38614,941438,115494,50652,188
Group/Directors Accounts0050012,3389,413180,3939720000
other short term finances00000107,50037,500000000
hp & lease commitments0000000000000
other current liabilities590,089473,853305,880377,362325,593233,964179,963180,529125,258345,370000
total current liabilities666,168617,058508,841507,452419,268458,712280,173396,048153,616360,311438,115494,50652,188
loans000000170,000000000
hp & lease commitments0000000000000
Accruals and Deferred Income0000000000000
other liabilities0000000000000
provisions07,9239,5254,035000000000
total long term liabilities07,9239,5254,03500170,000000000
total liabilities666,168624,981518,366511,487419,268458,712450,173396,048153,616360,311438,115494,50652,188
net assets1,359,448687,961775,342658,936422,952287,04398,607158,152255,12572,5151,8784,570100
total shareholders funds1,359,448687,961775,342658,936422,952287,04398,607158,152255,12572,5151,8784,570100
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Nov 2011
Operating Activities
Operating Profit855,423-114,398141,678290,708169,120242,165-53,268-97,117228,05989,086-3,2125,4440
Depreciation25,70629,94033,18332,62330,96127,98918,89917,92318,25221,60816,07415,4480
Amortisation0020,00020,00025,19825,19926,01420,81720,81720,00020,00020,0000
Tax-223,8290-27,305-55,354-31,880-44,20100-45,652-18,7770-1,3800
Stock-2,050-545795345-4,704-572-9,57911,4533,5901,784000
Debtors702,91680,956153,763-45,800-100,770134,499-13,131120,11111,99055,98511,14867,18552,188
Creditors-67,126-59,75172,86636,415-11,23551,61318,1717,74012,445-423,174-56,391442,31852,188
Accruals and Deferred Income116,236167,973-71,48251,76991,62954,001-56655,271-220,112345,370000
Deferred Taxes & Provisions-7,923-1,6025,4904,035000000000
Cash flow from operations-2,379-58,24919,872425,651379,267222,83931,960-126,930-1,771-23,656-34,677414,6450
Investing Activities
capital expenditure-18,909-11,500-62,080-19,120-18,137-37,760-33,218-10,325-7,834-17,664-1,957-293,0420
Change in Investments0000-26251000000
cash flow from investments-18,909-11,500-62,080-19,120-18,111-37,785-33,219-10,325-7,834-17,664-1,957-293,0420
Financing Activities
Bank loans0000000000000
Group/Directors Accounts0-550-12,3382,925-170,980179,4219720000
Other Short Term Loans 0000-107,50070,00037,500000000
Long term loans00000-170,000170,000000000
Hire Purchase and Lease Commitments0000000000000
other long term liabilities0000000000000
share issue00000000000100100
interest39,89327,0172,033630-1,331-9,528-6,2771442043285203060
cash flow from financing39,89327,0122,038630-121,169-106,60330,243179,5651,176328520406100
cash and cash equivalents
cash18,605-42,737-40,170407,161239,98778,45128,98442,310-8,430-40,992-36,114122,009100
overdraft0000000000000
change in cash18,605-42,737-40,170407,161239,98778,45128,98442,310-8,430-40,992-36,114122,009100

first intuition reading limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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First Intuition Reading Limited Competitor Analysis

competitor_analysis_table_img

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 Shareholders

first intuition limited 100%

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).

officercountryagestartendrole
Mr Matthew DysonEngland54 years Nov 2010- Director
Mrs Claire SalmonEngland50 years Nov 2010- Director
Mr Ryan HillEngland43 years Nov 2010- Director
Mrs Joanne DysonEngland53 years Dec 2012- Director
Mr John BannonEngland41 years Nov 2019- Director
Ms Victoria ScottEngland36 years Jan 2022- Director
Mr Martin TaylorEngland55 years Sep 2023- Director
Mr Gabriel BehrEngland51 years Jun 2024- Director

P&L

December 2023

turnover

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 2023

net 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.

Click to start generating capital raising & share issue transactions for FIRST INTUITION READING LIMITED. This can take several minutes, an email will notify you when this has completed.

first intuition reading limited Companies House Filings - See Documents

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