my tutorweb limited
my tutorweb limited Company Information
Company Number
08580263
Next Accounts
Sep 2025
Shareholders
seek growth nominees pty limited
robert hubbard
View AllGroup Structure
View All
Industry
Educational support activities
Registered Address
6th floor 25 farringdon street, london, EC4A 4AB
Website
mytutor.co.ukmy tutorweb limited Estimated Valuation
Pomanda estimates the enterprise value of MY TUTORWEB LIMITED at £25.1m based on a Turnover of £23.2m and 1.09x industry multiple (adjusted for size and gross margin).
my tutorweb limited Estimated Valuation
Pomanda estimates the enterprise value of MY TUTORWEB LIMITED at £0 based on an EBITDA of £-6.8m and a 6.36x industry multiple (adjusted for size and gross margin).
my tutorweb limited Estimated Valuation
Pomanda estimates the enterprise value of MY TUTORWEB LIMITED at £0 based on Net Assets of £-147k and 2.31x industry multiple (adjusted for liquidity).
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My Tutorweb Limited Overview
My Tutorweb Limited is a live company located in london, EC4A 4AB with a Companies House number of 08580263. It operates in the educational support services sector, SIC Code 85600. Founded in June 2013, it's largest shareholder is seek growth nominees pty limited with a 32.6% stake. My Tutorweb Limited is a established, large sized company, Pomanda has estimated its turnover at £23.2m with high growth in recent years.
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My Tutorweb Limited Health Check
Pomanda's financial health check has awarded My Tutorweb Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £23.2m, make it larger than the average company (£374.3k)
£23.2m - My Tutorweb Limited
£374.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (6.8%)
- My Tutorweb Limited
6.8% - Industry AVG
Production
with a gross margin of 57.6%, this company has a comparable cost of product (70.7%)
57.6% - My Tutorweb Limited
70.7% - Industry AVG
Profitability
an operating margin of -29.7% make it less profitable than the average company (2.9%)
-29.7% - My Tutorweb Limited
2.9% - Industry AVG
Employees
with 305 employees, this is above the industry average (9)
305 - My Tutorweb Limited
9 - Industry AVG
Pay Structure
on an average salary of £45.1k, the company has a higher pay structure (£28.8k)
£45.1k - My Tutorweb Limited
£28.8k - Industry AVG
Efficiency
resulting in sales per employee of £76k, this is more efficient (£54.3k)
£76k - My Tutorweb Limited
£54.3k - Industry AVG
Debtor Days
it gets paid by customers after 20 days, this is near the average (23 days)
20 days - My Tutorweb Limited
23 days - Industry AVG
Creditor Days
its suppliers are paid after 38 days, this is slower than average (22 days)
38 days - My Tutorweb Limited
22 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - My Tutorweb Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 26 weeks, this is less cash available to meet short term requirements (91 weeks)
26 weeks - My Tutorweb Limited
91 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 102.3%, this is a higher level of debt than the average (33.4%)
102.3% - My Tutorweb Limited
33.4% - Industry AVG
MY TUTORWEB LIMITED financials
My Tutorweb Limited's latest turnover from December 2023 is £23.2 million and the company has net assets of -£147 thousand. According to their latest financial statements, My Tutorweb Limited has 305 employees and maintains cash reserves of £3.4 million 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 | Jun 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 23,165,000 | 26,984,000 | 17,152,000 | |||||||
| Other Income Or Grants | 0 | 0 | 0 | |||||||
| Cost Of Sales | 9,825,000 | 11,982,000 | 8,128,000 | |||||||
| Gross Profit | 13,340,000 | 15,002,000 | 9,024,000 | |||||||
| Admin Expenses | 20,222,000 | 22,588,000 | 16,544,000 | |||||||
| Operating Profit | -6,882,000 | -7,586,000 | -7,520,000 | |||||||
| Interest Payable | 0 | 0 | 0 | |||||||
| Interest Receivable | 50,000 | 0 | 0 | |||||||
| Pre-Tax Profit | -6,832,000 | -7,586,000 | -7,520,000 | |||||||
| Tax | -1,000 | 496,000 | 186,000 | |||||||
| Profit After Tax | -6,833,000 | -7,090,000 | -7,334,000 | |||||||
| Dividends Paid | 0 | 0 | 0 | |||||||
| Retained Profit | -6,833,000 | -7,090,000 | -7,334,000 | |||||||
| Employee Costs | 13,768,000 | 13,479,000 | 12,821,000 | 375,401 | 131,845 | |||||
| Number Of Employees | 305 | 345 | 198 | 75 | 8 | 4 | ||||
| EBITDA* | -6,799,000 | -7,518,000 | -7,482,000 |
* 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 | Jun 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 209,000 | 197,000 | 125,000 | 68,888 | 28,695 | 24,569 | 14,187 | 8,215 | 4,616 | 25,838 |
| Intangible Assets | 0 | 0 | 0 | 0 | 340,734 | 290,194 | 145,595 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 209,000 | 197,000 | 125,000 | 68,888 | 369,429 | 314,763 | 159,782 | 8,215 | 4,616 | 25,838 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,322,000 | 3,623,000 | 2,518,000 | 1,922,639 | 240,205 | 180,383 | 67,251 | 0 | 0 | 575 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,537,000 | 2,512,000 | 3,473,000 | 3,152,213 | 0 | 246,646 | 52,655 | 36,349 | 11,184 | 0 |
| Cash | 3,441,000 | 8,914,000 | 14,538,000 | 7,790,425 | 3,048,307 | 4,978,734 | 2,134,647 | 614,965 | 738,608 | 111,313 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 6,300,000 | 15,049,000 | 20,529,000 | 12,865,277 | 3,695,806 | 5,405,763 | 2,254,553 | 651,314 | 749,792 | 111,888 |
| total assets | 6,509,000 | 15,246,000 | 20,654,000 | 12,934,165 | 4,065,235 | 5,720,526 | 2,414,335 | 659,529 | 754,408 | 137,726 |
| Bank overdraft | 0 | 0 | 0 | 0 | 7 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,030,000 | 972,000 | 1,199,000 | 738,317 | 120,456 | 132,178 | 0 | 0 | 0 | 2,840 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 5,626,000 | 8,362,000 | 8,208,000 | 9,242,831 | 0 | 823,572 | 354,720 | 121,486 | 32,792 | 0 |
| total current liabilities | 6,656,000 | 9,334,000 | 9,407,000 | 9,981,148 | 2,267,380 | 955,750 | 354,720 | 121,486 | 32,792 | 2,840 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 58,452 | 58,452 | 58,452 | 58,452 | 60,005 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 58,452 | 58,452 | 58,452 | 58,452 | 58,452 | 60,005 |
| total liabilities | 6,656,000 | 9,334,000 | 9,407,000 | 9,981,148 | 2,325,832 | 1,014,202 | 413,172 | 179,938 | 91,244 | 62,845 |
| net assets | -147,000 | 5,912,000 | 11,247,000 | 2,953,017 | 1,739,403 | 4,706,324 | 2,001,163 | 479,591 | 663,164 | 74,881 |
| total shareholders funds | -147,000 | 5,912,000 | 11,247,000 | 2,953,017 | 1,739,403 | 4,706,324 | 2,001,163 | 479,591 | 663,164 | 74,881 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Jun 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | -6,882,000 | -7,586,000 | -7,520,000 | |||||||
| Depreciation | 83,000 | 68,000 | 38,000 | 15,196 | 11,483 | 7,044 | 3,884 | 2,206 | 1,272 | |
| Amortisation | 0 | 0 | 0 | 0 | 88,897 | 0 | 0 | 11,628 | ||
| Tax | -1,000 | 496,000 | 186,000 | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -3,276,000 | 144,000 | 916,148 | 4,834,647 | -186,824 | 307,123 | 83,557 | 25,165 | 10,609 | 575 |
| Creditors | 58,000 | -227,000 | 460,683 | 617,861 | -11,722 | 132,178 | 0 | 0 | -2,840 | 2,840 |
| Accruals and Deferred Income | -2,736,000 | 154,000 | -1,034,831 | 9,242,831 | -823,572 | 468,852 | 233,234 | 88,694 | 32,792 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -6,202,000 | -7,239,000 | -8,786,296 | |||||||
| Investing Activities | ||||||||||
| capital expenditure | 0 | 0 | 0 | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | |||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | -58,452 | 0 | 0 | 0 | -1,553 | 60,005 |
| share issue | ||||||||||
| interest | 50,000 | 0 | 0 | |||||||
| cash flow from financing | 824,000 | 1,755,000 | 15,627,983 | |||||||
| cash and cash equivalents | ||||||||||
| cash | -5,473,000 | -5,624,000 | 6,747,575 | 4,742,118 | -1,930,427 | 2,844,087 | 1,519,682 | -123,643 | 627,295 | 111,313 |
| overdraft | 0 | 0 | 0 | -7 | 7 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -5,473,000 | -5,624,000 | 6,747,575 | 4,742,125 | -1,930,434 | 2,844,087 | 1,519,682 | -123,643 | 627,295 | 111,313 |
my tutorweb limited Credit Report and Business Information
My Tutorweb Limited Competitor Analysis
Perform a competitor analysis for my tutorweb limited by selecting its closest rivals, whether from the EDUCATION sector, other large companies, companies in EC4A area or any other competitors across 12 key performance metrics.
my tutorweb limited Ownership
MY TUTORWEB LIMITED group structure
My Tutorweb Limited has no subsidiary companies.
Ultimate parent company
MY TUTORWEB LIMITED
08580263
my tutorweb limited directors
My Tutorweb Limited currently has 7 directors. The longest serving directors include Mr Robert Hubbard (Oct 2014) and Mr James Grant (Sep 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Hubbard | United Kingdom | 34 years | Oct 2014 | - | Director |
| Mr James Grant | United Kingdom | 33 years | Sep 2016 | - | Director |
| Ms Anne Huby | United Kingdom | 58 years | Jun 2018 | - | Director |
| Mr Matthew Mead | England | 60 years | Sep 2019 | - | Director |
| Mr Ariel Hersh | United Kingdom | 37 years | Feb 2024 | - | Director |
| Mr Robert Henry | United Kingdom | 71 years | May 2024 | - | Director |
| Mr Mark Livingstone | 58 years | Jul 2024 | - | Director |
P&L
December 2023turnover
23.2m
-14%
operating profit
-6.9m
-9%
gross margin
57.6%
+3.58%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-147k
-1.02%
total assets
6.5m
-0.57%
cash
3.4m
-0.61%
net assets
Total assets minus all liabilities
my tutorweb limited company details
company number
08580263
Type
Private limited with Share Capital
industry
85600 - Educational support activities
incorporation date
June 2013
age
12
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
COOPER PARRY GROUP LIMITED
address
6th floor 25 farringdon street, london, EC4A 4AB
Bank
-
Legal Advisor
-
my tutorweb 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 did not find charges/mortgages relating to my tutorweb limited.
my tutorweb 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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my tutorweb limited Companies House Filings - See Documents
| date | description | view/download |
|---|
