institution of fire engineers (the)
institution of fire engineers (the) Company Information
Company Number
SC013267
Next Accounts
Sep 2025
Industry
Educational support activities
Activities of professional membership organisations
Shareholders
-
Group Structure
View All
Contact
Registered Address
scottish fire & rescue service, edinburgh area headquarters, edinburgh, EH7 4NS
Website
http://www.ife.org.ukinstitution of fire engineers (the) Estimated Valuation
Pomanda estimates the enterprise value of INSTITUTION OF FIRE ENGINEERS (THE) at £1.3m based on a Turnover of £2m and 0.63x industry multiple (adjusted for size and gross margin).
institution of fire engineers (the) Estimated Valuation
Pomanda estimates the enterprise value of INSTITUTION OF FIRE ENGINEERS (THE) at £844.2k based on an EBITDA of £227.7k and a 3.71x industry multiple (adjusted for size and gross margin).
institution of fire engineers (the) Estimated Valuation
Pomanda estimates the enterprise value of INSTITUTION OF FIRE ENGINEERS (THE) at £5.2m based on Net Assets of £2m and 2.57x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Institution Of Fire Engineers (the) Overview
Institution Of Fire Engineers (the) is a live company located in edinburgh, EH7 4NS with a Companies House number of SC013267. It operates in the educational support services sector, SIC Code 85600. Founded in July 1924, it's largest shareholder is unknown. Institution Of Fire Engineers (the) is a mature, small sized company, Pomanda has estimated its turnover at £2m with healthy growth in recent years.
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Institution Of Fire Engineers (the) Health Check
Pomanda's financial health check has awarded Institution Of Fire Engineers (The) a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 1 areas for improvement. Company Health Check FAQs
6 Strong
5 Regular
1 Weak
Size
annual sales of £2m, make it larger than the average company (£630.8k)
£2m - Institution Of Fire Engineers (the)
£630.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (5.8%)
5% - Institution Of Fire Engineers (the)
5.8% - Industry AVG
Production
with a gross margin of 70%, this company has a comparable cost of product (70%)
70% - Institution Of Fire Engineers (the)
70% - Industry AVG
Profitability
an operating margin of 7.6% make it more profitable than the average company (2.4%)
7.6% - Institution Of Fire Engineers (the)
2.4% - Industry AVG
Employees
with 25 employees, this is above the industry average (11)
25 - Institution Of Fire Engineers (the)
11 - Industry AVG
Pay Structure
on an average salary of £46.8k, the company has a higher pay structure (£38.5k)
£46.8k - Institution Of Fire Engineers (the)
£38.5k - Industry AVG
Efficiency
resulting in sales per employee of £80.1k, this is equally as efficient (£83.5k)
£80.1k - Institution Of Fire Engineers (the)
£83.5k - Industry AVG
Debtor Days
it gets paid by customers after 12 days, this is earlier than average (22 days)
12 days - Institution Of Fire Engineers (the)
22 days - Industry AVG
Creditor Days
its suppliers are paid after 74 days, this is slower than average (27 days)
74 days - Institution Of Fire Engineers (the)
27 days - Industry AVG
Stock Days
it holds stock equivalent to 4 days, this is less than average (28 days)
4 days - Institution Of Fire Engineers (the)
28 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 107 weeks, this is average cash available to meet short term requirements (95 weeks)
107 weeks - Institution Of Fire Engineers (the)
95 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 29.1%, this is a similar level of debt than the average (29.8%)
29.1% - Institution Of Fire Engineers (the)
29.8% - Industry AVG
INSTITUTION OF FIRE ENGINEERS (THE) financials
Institution Of Fire Engineers (The)'s latest turnover from December 2023 is £2 million and the company has net assets of £2 million. According to their latest financial statements, Institution Of Fire Engineers (The) has 25 employees and maintains cash reserves of £1.7 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 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,003,611 | 1,888,367 | 1,796,340 | 1,714,543 | 1,560,134 | 1,403,005 | 1,253,858 | 1,157,711 | 1,094,401 | 1,059,658 | 1,011,544 | 957,905 | 921,909 | 920,530 | 922,247 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 179,853 | 79,130 | 104,355 | 200,758 | 150,783 | 43,886 | -34,081 | 88,319 | 20,868 | 26,515 | 133,927 | 88,161 | 26,748 | 35,679 | 58,135 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 179,853 | 79,130 | 104,355 | 200,758 | 150,783 | 43,886 | -34,081 | 88,319 | 20,868 | 26,515 | 133,927 | 88,161 | 26,748 | 35,679 | 58,135 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 179,853 | 79,130 | 104,355 | 200,758 | 150,783 | 43,886 | -34,081 | 88,319 | 20,868 | 26,515 | 133,927 | 88,161 | 26,748 | 35,679 | 58,135 |
| Employee Costs | 1,168,834 | 1,102,859 | 1,054,197 | 918,871 | 807,625 | 718,264 | 679,257 | 526,875 | 485,826 | 523,864 | 433,768 | 408,963 | 379,200 | 363,317 | 299,909 |
| Number Of Employees | 25 | 33 | 28 | 24 | 29 | 22 | 23 | 15 | 13 | 13 | 12 | 11 | 12 | 10 | 10 |
| 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 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 546,401 | 561,346 | 586,341 | 617,340 | 639,240 | 654,478 | 632,248 | 632,029 | 24,005 | 67,529 | 56,463 | 34,395 | 43,460 | 4,257 | 4,218 |
| Intangible Assets | 397,983 | 269,485 | 195,047 | 272,278 | 340,476 | 115,676 | 158,154 | 172,286 | 77,842 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 464,098 | 462,618 | 461,112 | 457,627 | 31,003 | 56,523 | 56,557 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 959,384 | 845,831 | 796,388 | 904,618 | 994,716 | 785,154 | 805,402 | 819,315 | 565,945 | 530,147 | 517,575 | 492,022 | 74,463 | 60,780 | 60,775 |
| Stock & work in progress | 7,722 | 8,015 | 1,749 | 6,244 | 5,372 | 6,129 | 7,290 | 6,953 | 8,162 | 7,762 | 7,498 | 7,681 | 9,688 | 5,618 | 12,159 |
| Trade Debtors | 67,137 | 45,622 | 23,140 | 10,979 | 25,049 | 41,762 | 38,842 | 32,917 | 13,915 | 17,659 | 35,622 | 3,245 | 69,255 | 40,763 | 16,649 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 96,191 | 63,092 | 64,464 | 59,704 | 47,561 | 37,996 | 46,123 | 26,127 | 105,711 | 44,791 | 42,492 | 54,197 | 34,958 | 13,019 | 21,624 |
| Cash | 1,711,260 | 1,610,937 | 1,460,749 | 1,391,529 | 872,318 | 774,706 | 586,724 | 808,960 | 944,839 | 925,799 | 901,662 | 745,396 | 976,564 | 1,043,176 | 1,077,258 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,882,310 | 1,727,666 | 1,550,102 | 1,468,456 | 950,300 | 860,593 | 678,979 | 874,957 | 1,072,627 | 996,011 | 987,274 | 810,519 | 1,090,465 | 1,102,576 | 1,127,690 |
| total assets | 2,841,694 | 2,573,497 | 2,346,490 | 2,373,074 | 1,945,016 | 1,645,747 | 1,484,381 | 1,694,272 | 1,638,572 | 1,526,158 | 1,504,849 | 1,302,541 | 1,164,928 | 1,163,356 | 1,188,465 |
| Bank overdraft | 0 | 0 | 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 | 0 | 0 |
| Trade Creditors | 122,101 | 59,138 | 77,034 | 60,546 | 105,499 | 40,940 | 52,426 | 22,737 | 68,406 | 29,041 | 156,169 | 95,987 | 118,974 | 123,388 | 38,679 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 704,582 | 679,201 | 513,428 | 660,855 | 388,602 | 304,675 | 175,709 | 381,208 | 368,158 | 315,977 | 194,055 | 185,856 | 113,417 | 134,179 | 279,676 |
| total current liabilities | 826,683 | 738,339 | 590,462 | 721,401 | 494,101 | 345,615 | 228,135 | 403,945 | 436,564 | 345,018 | 350,224 | 281,843 | 232,391 | 257,567 | 318,355 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 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 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 826,683 | 738,339 | 590,462 | 721,401 | 494,101 | 345,615 | 228,135 | 403,945 | 436,564 | 345,018 | 350,224 | 281,843 | 232,391 | 257,567 | 318,355 |
| net assets | 2,015,011 | 1,835,158 | 1,756,028 | 1,651,673 | 1,450,915 | 1,300,132 | 1,256,246 | 1,290,327 | 1,202,008 | 1,181,140 | 1,154,625 | 1,020,698 | 932,537 | 905,789 | 870,110 |
| total shareholders funds | 2,015,011 | 1,835,158 | 1,756,028 | 1,651,673 | 1,450,915 | 1,300,132 | 1,256,246 | 1,290,327 | 1,202,008 | 1,181,140 | 1,154,625 | 1,020,698 | 932,537 | 905,789 | 870,110 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 21,235 | 27,621 | 34,722 | 39,409 | 21,521 | 22,717 | 20,305 | 15,032 | 26,299 | 22,683 | 12,708 | 12,089 | 3,873 | 2,252 | 3,080 |
| Amortisation | 53,844 | 50,872 | 82,069 | 8,192 | 23,113 | 70,684 | 61,096 | 11,309 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | -293 | 6,266 | -4,495 | 872 | -757 | -1,161 | 337 | -1,209 | 400 | 264 | -183 | -2,007 | 4,070 | -6,541 | 12,159 |
| Debtors | 54,614 | 21,110 | 16,921 | -1,927 | -7,148 | -5,207 | 25,921 | -60,582 | 57,176 | -15,664 | 20,672 | -46,771 | 50,431 | 15,509 | 38,273 |
| Creditors | 62,963 | -17,896 | 16,488 | -44,953 | 64,559 | -11,486 | 29,689 | -45,669 | 39,365 | -127,128 | 60,182 | -22,987 | -4,414 | 84,709 | 38,679 |
| Accruals and Deferred Income | 25,381 | 165,773 | -147,427 | 272,253 | 83,927 | 128,966 | -205,499 | 13,050 | 52,181 | 121,922 | 8,199 | 72,439 | -20,762 | -145,497 | 279,676 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -73,153 | -67,488 | -728,809 | -60,617 | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -449,098 | 1,480 | 1,506 | 3,485 | 426,624 | -25,520 | -34 | 56,557 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | -73,153 | -67,488 | -279,711 | -62,097 | ||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 811,975 |
| cash and cash equivalents | |||||||||||||||
| cash | 100,323 | 150,188 | 69,220 | 519,211 | 97,612 | 187,982 | -222,236 | -135,879 | 19,040 | 24,137 | 156,266 | -231,168 | -66,612 | -34,082 | 1,077,258 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 100,323 | 150,188 | 69,220 | 519,211 | 97,612 | 187,982 | -222,236 | -135,879 | 19,040 | 24,137 | 156,266 | -231,168 | -66,612 | -34,082 | 1,077,258 |
institution of fire engineers (the) Credit Report and Business Information
Institution Of Fire Engineers (the) Competitor Analysis
Perform a competitor analysis for institution of fire engineers (the) by selecting its closest rivals, whether from the EDUCATION sector, other small companies, companies in EH7 area or any other competitors across 12 key performance metrics.
institution of fire engineers (the) Ownership
INSTITUTION OF FIRE ENGINEERS (THE) group structure
Institution Of Fire Engineers (The) has 1 subsidiary company.
Ultimate parent company
INSTITUTION OF FIRE ENGINEERS (THE)
SC013267
1 subsidiary
institution of fire engineers (the) directors
Institution Of Fire Engineers (The) currently has 10 directors. The longest serving directors include Hao Tay (Jul 2006) and Mr Christopher Bilby (Jul 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Hao Tay | Scotland | 72 years | Jul 2006 | - | Director |
| Mr Christopher Bilby | 63 years | Jul 2019 | - | Director | |
| Mr James Lane | Scotland | 57 years | Jul 2019 | - | Director |
| Mr Peter Wilkinson | Scotland | 51 years | Nov 2020 | - | Director |
| Mr Shephard Ndlovu | 47 years | Nov 2021 | - | Director | |
| Mrs Hayley Burgess | Scotland | 48 years | Nov 2021 | - | Director |
| Dr Parina Prior | Scotland | 38 years | Oct 2022 | - | Director |
| Mr Nicholas Collins | England | 65 years | Oct 2023 | - | Director |
| Dr Paul Stollard | England | 68 years | Apr 2024 | - | Director |
| Miss Angela Fearnley | England | 27 years | Oct 2024 | - | Director |
P&L
December 2023turnover
2m
+6%
operating profit
152.6k
0%
gross margin
70.1%
+2.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
2m
+0.1%
total assets
2.8m
+0.1%
cash
1.7m
+0.06%
net assets
Total assets minus all liabilities
institution of fire engineers (the) company details
company number
SC013267
Type
Private Ltd By Guarantee w/o Share Cap
industry
85600 - Educational support activities
94120 - Activities of professional membership organisations
incorporation date
July 1924
age
100
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
CROWE UK LLP
address
scottish fire & rescue service, edinburgh area headquarters, edinburgh, EH7 4NS
Bank
LLOYDS TSB BANK PLC
Legal Advisor
LODDERS SOLICITORS
institution of fire engineers (the) 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 institution of fire engineers (the).
institution of fire engineers (the) Capital Raised & Share Issues BETA
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institution of fire engineers (the) Companies House Filings - See Documents
| date | description | view/download |
|---|
