the alan turing institute
the alan turing institute Company Information
Company Number
09512457
Website
https://turing.ac.ukRegistered Address
british library 96 euston road, london, NW1 2DB
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Telephone
02038623352
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
-0%
the alan turing institute Estimated Valuation
Pomanda estimates the enterprise value of THE ALAN TURING INSTITUTE at £48.8m based on a Turnover of £52.5m and 0.93x industry multiple (adjusted for size and gross margin).
the alan turing institute Estimated Valuation
Pomanda estimates the enterprise value of THE ALAN TURING INSTITUTE at £47m based on an EBITDA of £5.8m and a 8.05x industry multiple (adjusted for size and gross margin).
the alan turing institute Estimated Valuation
Pomanda estimates the enterprise value of THE ALAN TURING INSTITUTE at £103.7m based on Net Assets of £46.3m and 2.24x industry multiple (adjusted for liquidity).
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The Alan Turing Institute Overview
The Alan Turing Institute is a live company located in london, NW1 2DB with a Companies House number of 09512457. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in March 2015, it's largest shareholder is unknown. The Alan Turing Institute is a young, large sized company, Pomanda has estimated its turnover at £52.5m with healthy growth in recent years.
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The Alan Turing Institute Health Check
Pomanda's financial health check has awarded The Alan Turing Institute a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs
8 Strong
1 Regular
2 Weak
Size
annual sales of £52.5m, make it larger than the average company (£1.6m)
£52.5m - The Alan Turing Institute
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (5.5%)
13% - The Alan Turing Institute
5.5% - Industry AVG
Production
with a gross margin of 44.2%, this company has a comparable cost of product (44.2%)
44.2% - The Alan Turing Institute
44.2% - Industry AVG
Profitability
an operating margin of 9.1% make it more profitable than the average company (6.3%)
9.1% - The Alan Turing Institute
6.3% - Industry AVG
Employees
with 352 employees, this is above the industry average (15)
352 - The Alan Turing Institute
15 - Industry AVG
Pay Structure
on an average salary of £64.3k, the company has a higher pay structure (£47.1k)
£64.3k - The Alan Turing Institute
£47.1k - Industry AVG
Efficiency
resulting in sales per employee of £149k, this is more efficient (£111.8k)
£149k - The Alan Turing Institute
£111.8k - Industry AVG
Debtor Days
it gets paid by customers after 27 days, this is earlier than average (56 days)
27 days - The Alan Turing Institute
56 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (33 days)
13 days - The Alan Turing Institute
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Alan Turing Institute
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 97 weeks, this is more cash available to meet short term requirements (33 weeks)
97 weeks - The Alan Turing Institute
33 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.9%, this is a lower level of debt than the average (52.1%)
25.9% - The Alan Turing Institute
52.1% - Industry AVG
THE ALAN TURING INSTITUTE financials
The Alan Turing Institute's latest turnover from March 2023 is £52.5 million and the company has net assets of £46.3 million. According to their latest financial statements, The Alan Turing Institute has 352 employees and maintains cash reserves of £30.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 52,454,311 | 51,071,701 | 37,270,586 | 36,014,362 | 39,398,873 | 18,585,742 | 15,747,248 | 7,726,079 |
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | ||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 5,184,810 | 11,758,267 | 4,911,403 | 1,531,082 | 9,332,149 | 6,083,708 | 2,477,516 | 6,340,090 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 5,184,810 | 11,758,267 | 4,911,403 | 1,531,082 | 9,332,149 | 6,083,708 | 2,477,516 | 6,340,090 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 5,184,810 | 11,758,267 | 4,911,403 | 1,531,082 | 9,332,149 | 6,083,708 | 2,477,516 | 6,340,090 |
| Employee Costs | 22,620,395 | 17,297,453 | 13,309,596 | 10,745,138 | 7,019,482 | 4,749,119 | 3,328,208 | 715,514 |
| Number Of Employees | 352 | 283 | 238 | 182 | 109 | 67 | 27 | 15 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,221,661 | 1,669,311 | 817,723 | 1,617,154 | 2,166,850 | 2,155,047 | 1,969,660 | 154,441 |
| Intangible Assets | 269,306 | 0 | 4,200 | 21,011 | 37,822 | 54,633 | 27,242 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,490,967 | 1,669,311 | 821,923 | 1,638,165 | 2,204,672 | 2,209,680 | 1,996,902 | 154,441 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 3,913,161 | 3,034,275 | 2,469,456 | 2,750,160 | 9,029,033 | 4,201,579 | 675,448 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 6,635,845 | 7,974,457 | 5,390,231 | 4,083,323 | 718,218 | 279,704 | 80,173 | 73,783 |
| Cash | 30,451,006 | 45,533,433 | 43,512,437 | 42,989,425 | 32,649,679 | 16,462,211 | 14,101,962 | 6,447,021 |
| misc current assets | 20,000,000 | 5,000,000 | 5,000,000 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 61,000,012 | 61,542,165 | 56,372,124 | 49,822,908 | 42,396,930 | 20,943,494 | 14,857,583 | 6,520,804 |
| total assets | 62,490,979 | 63,211,476 | 57,194,047 | 51,461,073 | 44,601,602 | 23,153,174 | 16,854,485 | 6,675,245 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,080,137 | 970,876 | 204,385 | 322,020 | 641,887 | 485,461 | 359,047 | 198,126 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 15,102,620 | 21,110,885 | 26,493,871 | 22,818,944 | 15,619,291 | 4,249,301 | 2,764,935 | 137,029 |
| total current liabilities | 16,182,757 | 22,081,761 | 26,698,256 | 23,140,964 | 16,261,178 | 4,734,762 | 3,123,982 | 335,155 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 19,455 | 25,758 | 1,150,101 | 3,885,822 | 5,437,219 | 4,847,356 | 4,912,897 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 19,455 | 25,758 | 1,150,101 | 3,885,822 | 5,437,219 | 4,847,356 | 4,912,897 | 0 |
| total liabilities | 16,202,212 | 22,107,519 | 27,848,357 | 27,026,786 | 21,698,397 | 9,582,118 | 8,036,879 | 335,155 |
| net assets | 46,288,767 | 41,103,957 | 29,345,690 | 24,434,287 | 22,903,205 | 13,571,056 | 8,817,606 | 6,340,090 |
| total shareholders funds | 46,288,767 | 41,103,957 | 29,345,690 | 24,434,287 | 22,903,205 | 13,571,056 | 8,817,606 | 6,340,090 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 1,056,051 | 739,032 | 985,652 | 957,312 | 957,312 | 708,093 | 273,082 | 3,613 |
| Amortisation | 0 | 4,200 | 16,811 | 16,811 | 16,811 | 12,608 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -459,726 | 3,149,045 | 1,026,204 | -2,913,768 | 5,265,968 | 3,725,662 | 681,838 | 73,783 |
| Creditors | 109,261 | 766,491 | -117,635 | -319,867 | 156,426 | 126,414 | 160,921 | 198,126 |
| Accruals and Deferred Income | -6,008,265 | -5,382,986 | 3,674,927 | 7,199,653 | 11,369,990 | 1,484,366 | 2,627,906 | 137,029 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -970,433 | -933,479 | -2,115,543 | -155,823 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | -970,433 | -933,479 | -2,115,543 | -155,823 |
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -6,303 | -1,124,343 | -2,735,721 | -1,551,397 | 589,863 | -65,541 | 4,912,897 | 0 |
| share issue | ||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | -6,303 | -1,124,343 | -2,735,721 | -1,551,397 | 589,863 | -1,395,799 | 4,912,897 | 0 |
| cash and cash equivalents | ||||||||
| cash | -15,082,427 | 2,020,996 | 523,012 | 10,339,746 | 16,187,468 | 2,360,249 | 7,654,941 | 6,447,021 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -15,082,427 | 2,020,996 | 523,012 | 10,339,746 | 16,187,468 | 2,360,249 | 7,654,941 | 6,447,021 |
the alan turing institute Credit Report and Business Information
The Alan Turing Institute Competitor Analysis
Perform a competitor analysis for the alan turing institute by selecting its closest rivals and benchmarking them against 12 key performance metrics.
the alan turing institute Ownership
THE ALAN TURING INSTITUTE group structure
The Alan Turing Institute has 1 subsidiary company.
Ultimate parent company
THE ALAN TURING INSTITUTE
09512457
1 subsidiary
the alan turing institute directors
The Alan Turing Institute currently has 9 directors. The longest serving directors include Professor Richard Kenway (Jul 2015) and Francis Kelly (Sep 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Professor Richard Kenway | United Kingdom | 70 years | Jul 2015 | - | Director |
| Francis Kelly | England | 73 years | Sep 2017 | - | Director |
| Professor Thomas Melham | England | 64 years | Feb 2018 | - | Director |
| Professor Kerry Kirwan | England | 49 years | Apr 2020 | - | Director |
| Ms Carina Namih | England | 35 years | Aug 2020 | - | Director |
| Dr Vanessa Lawrence | England | 61 years | Aug 2020 | - | Director |
| Mr Hitesh Thakrar | England | 62 years | Aug 2020 | - | Director |
| Dr Douglas Gurr | 59 years | Jul 2022 | - | Director | |
| Professor Geraint Rees | 56 years | Oct 2023 | - | Director |
P&L
March 2023turnover
52.5m
+3%
operating profit
4.8m
0%
gross margin
44.2%
-0.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
46.3m
+0.13%
total assets
62.5m
-0.01%
cash
30.5m
-0.33%
net assets
Total assets minus all liabilities
Similar Companies
the alan turing institute company details
company number
09512457
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
March 2015
age
9
accounts
Group
ultimate parent company
previous names
N/A
incorporated
UK
address
british library 96 euston road, london, NW1 2DB
last accounts submitted
March 2023
the alan turing institute 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 alan turing institute.
the alan turing institute Companies House Filings - See Documents
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