illuminate tuition ltd
illuminate tuition ltd Company Information
Company Number
10627721
Website
www.illuminatetuition.co.ukRegistered Address
128 city road, london, EC1V 2NX
Industry
Educational support activities
Telephone
-
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
ze lin 100%
illuminate tuition ltd Estimated Valuation
Pomanda estimates the enterprise value of ILLUMINATE TUITION LTD at £11.5k based on a Turnover of £29.9k and 0.39x industry multiple (adjusted for size and gross margin).
illuminate tuition ltd Estimated Valuation
Pomanda estimates the enterprise value of ILLUMINATE TUITION LTD at £0 based on an EBITDA of £-3.5k and a 1.89x industry multiple (adjusted for size and gross margin).
illuminate tuition ltd Estimated Valuation
Pomanda estimates the enterprise value of ILLUMINATE TUITION LTD at £0 based on Net Assets of £-13.4k and 2.4x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Illuminate Tuition Ltd Overview
Illuminate Tuition Ltd is a live company located in london, EC1V 2NX with a Companies House number of 10627721. It operates in the educational support services sector, SIC Code 85600. Founded in February 2017, it's largest shareholder is ze lin with a 100% stake. Illuminate Tuition Ltd is a young, micro sized company, Pomanda has estimated its turnover at £29.9k with declining growth in recent years.
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Illuminate Tuition Ltd Health Check
Pomanda's financial health check has awarded Illuminate Tuition Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £29.9k, make it smaller than the average company (£375.2k)
- Illuminate Tuition Ltd
£375.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (4.4%)
- Illuminate Tuition Ltd
4.4% - Industry AVG
Production
with a gross margin of 1.1%, this company has a higher cost of product (66.1%)
- Illuminate Tuition Ltd
66.1% - Industry AVG
Profitability
an operating margin of -11.7% make it less profitable than the average company (4.3%)
- Illuminate Tuition Ltd
4.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (10)
1 - Illuminate Tuition Ltd
10 - Industry AVG
Pay Structure
on an average salary of £26.2k, the company has an equivalent pay structure (£26.2k)
- Illuminate Tuition Ltd
£26.2k - Industry AVG
Efficiency
resulting in sales per employee of £29.9k, this is less efficient (£50.9k)
- Illuminate Tuition Ltd
£50.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Illuminate Tuition Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 226 days, this is slower than average (18 days)
- Illuminate Tuition Ltd
18 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Illuminate Tuition Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (94 weeks)
0 weeks - Illuminate Tuition Ltd
94 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 26934%, this is a higher level of debt than the average (37.8%)
26934% - Illuminate Tuition Ltd
37.8% - Industry AVG
ILLUMINATE TUITION LTD financials
Illuminate Tuition Ltd's latest turnover from February 2023 is estimated at £29.9 thousand and the company has net assets of -£13.4 thousand. According to their latest financial statements, Illuminate Tuition Ltd has 1 employee and maintains cash reserves of £50 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | |
|---|---|---|---|---|---|---|
| Turnover | 17,924 | |||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | 333 | 31,792 | 5,057 | 27,858 | 32,874 | |
| Admin Expenses | 3,820 | 29,440 | 2,658 | 27,787 | 46,089 | |
| Operating Profit | -3,487 | 2,352 | 2,399 | 71 | -13,215 | |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -3,487 | 2,352 | 2,399 | 71 | -13,215 | 5,539 |
| Tax | 0 | 0 | 0 | 0 | 0 | -933 |
| Profit After Tax | -3,487 | 2,352 | 2,399 | 71 | -13,215 | 4,606 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -3,487 | 2,352 | 2,399 | 71 | -13,215 | 4,606 |
| Employee Costs | 41,775 | 4,616 | ||||
| Number Of Employees | 1 | 1 | 2 | 3 | 4 | |
| EBITDA* | -3,487 | 2,352 | 2,399 | 71 | -12,985 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 210 | 440 | 670 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 210 | 440 | 670 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 1,362 | 1,983 | 733 | 434 | 1,726 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 50 | 681 | 490 | 2,443 | 1,219 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 50 | 2,043 | 2,473 | 3,176 | 1,653 | 1,726 |
| total assets | 50 | 2,043 | 2,473 | 3,386 | 2,093 | 2,396 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 13,467 | 11,973 | 14,756 | 16,068 | 14,846 | 1,934 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 13,467 | 11,973 | 14,756 | 16,068 | 14,846 | 1,934 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 13,467 | 11,973 | 14,756 | 16,068 | 14,846 | 1,934 |
| net assets | -13,417 | -9,930 | -12,283 | -12,682 | -12,753 | 462 |
| total shareholders funds | -13,417 | -9,930 | -12,283 | -12,682 | -12,753 | 462 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | -3,487 | 2,352 | 2,399 | 71 | -13,215 | |
| Depreciation | 0 | 0 | 230 | 19 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | -933 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,362 | -621 | 1,250 | 299 | -1,292 | 1,726 |
| Creditors | 1,494 | -2,783 | -1,312 | 1,222 | 12,912 | 1,934 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -631 | 190 | 1,219 | |||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 0 | 1 | -2,000 | 0 | 0 | -4,144 |
| cash and cash equivalents | ||||||
| cash | -631 | 191 | -1,953 | 1,224 | 1,219 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -631 | 191 | -1,953 | 1,224 | 1,219 | 0 |
illuminate tuition ltd Credit Report and Business Information
Illuminate Tuition Ltd Competitor Analysis
Perform a competitor analysis for illuminate tuition ltd by selecting its closest rivals, whether from the EDUCATION sector, other micro companies, companies in EC1V area or any other competitors across 12 key performance metrics.
illuminate tuition ltd Ownership
ILLUMINATE TUITION LTD group structure
Illuminate Tuition Ltd has no subsidiary companies.
Ultimate parent company
SHENZHEN QIANHAI FULAISHUN E-COMMERCIAL
#0137386
2 parents
ILLUMINATE TUITION LTD
10627721
illuminate tuition ltd directors
Illuminate Tuition Ltd currently has 2 directors. The longest serving directors include Mr Zelin Li (Mar 2022) and Mr Zijian Ling (Jun 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Zelin Li | England | 42 years | Mar 2022 | - | Director |
| Mr Zijian Ling | United Kingdom | 24 years | Jun 2024 | - | Director |
P&L
February 2023turnover
29.9k
+44%
operating profit
-3.5k
-248%
gross margin
1.2%
-99.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
-13.4k
+0.35%
total assets
50
-0.98%
cash
50
-0.93%
net assets
Total assets minus all liabilities
illuminate tuition ltd company details
company number
10627721
Type
Private limited with Share Capital
industry
85600 - Educational support activities
incorporation date
February 2017
age
7
incorporated
UK
accounts
Unaudited Abridged
ultimate parent company
previous names
illuminate education l ltd (July 2024)
illuminate tuition ltd (June 2024)
last accounts submitted
February 2023
address
128 city road, london, EC1V 2NX
accountant
-
auditor
-
illuminate tuition 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 did not find charges/mortgages relating to illuminate tuition ltd.
illuminate tuition ltd Companies House Filings - See Documents
| date | description | view/download |
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