edinburgh innovations limited
edinburgh innovations limited Company Information
Company Number
SC148048
Next Accounts
Apr 2026
Shareholders
university of edinburgh
Group Structure
View All
Industry
Educational support activities
Registered Address
university of edinburgh, old college, south bridge, edinburgh, midlothian, EH8 9YL
edinburgh innovations limited Estimated Valuation
Pomanda estimates the enterprise value of EDINBURGH INNOVATIONS LIMITED at £36m based on a Turnover of £33.8m and 1.06x industry multiple (adjusted for size and gross margin).
edinburgh innovations limited Estimated Valuation
Pomanda estimates the enterprise value of EDINBURGH INNOVATIONS LIMITED at £7.3m based on an EBITDA of £1m and a 6.93x industry multiple (adjusted for size and gross margin).
edinburgh innovations limited Estimated Valuation
Pomanda estimates the enterprise value of EDINBURGH INNOVATIONS LIMITED at £252.8k based on Net Assets of £104.1k and 2.43x industry multiple (adjusted for liquidity).
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Edinburgh Innovations Limited Overview
Edinburgh Innovations Limited is a live company located in edinburgh, EH8 9YL with a Companies House number of SC148048. It operates in the educational support services sector, SIC Code 85600. Founded in December 1993, it's largest shareholder is university of edinburgh with a 100% stake. Edinburgh Innovations Limited is a mature, large sized company, Pomanda has estimated its turnover at £33.8m with healthy growth in recent years.
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Edinburgh Innovations Limited Health Check
Pomanda's financial health check has awarded Edinburgh Innovations Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs
4 Strong
0 Regular
7 Weak
Size
annual sales of £33.8m, make it larger than the average company (£381.4k)
£33.8m - Edinburgh Innovations Limited
£381.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (8.8%)
11% - Edinburgh Innovations Limited
8.8% - Industry AVG
Production
with a gross margin of 54.6%, this company has a higher cost of product (71.9%)
54.6% - Edinburgh Innovations Limited
71.9% - Industry AVG
Profitability
an operating margin of 3.1% make it less profitable than the average company (4.4%)
3.1% - Edinburgh Innovations Limited
4.4% - Industry AVG
Employees
with 192 employees, this is above the industry average (10)
192 - Edinburgh Innovations Limited
10 - Industry AVG
Pay Structure
on an average salary of £60.9k, the company has a higher pay structure (£29k)
£60.9k - Edinburgh Innovations Limited
£29k - Industry AVG
Efficiency
resulting in sales per employee of £176.3k, this is more efficient (£53.2k)
£176.3k - Edinburgh Innovations Limited
£53.2k - Industry AVG
Debtor Days
it gets paid by customers after 31 days, this is later than average (21 days)
31 days - Edinburgh Innovations Limited
21 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (20 days)
6 days - Edinburgh Innovations Limited
20 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Edinburgh Innovations Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 33 weeks, this is less cash available to meet short term requirements (91 weeks)
33 weeks - Edinburgh Innovations Limited
91 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99%, this is a higher level of debt than the average (33.9%)
99% - Edinburgh Innovations Limited
33.9% - Industry AVG
EDINBURGH INNOVATIONS LIMITED financials
Edinburgh Innovations Limited's latest turnover from July 2024 is £33.8 million and the company has net assets of £104.1 thousand. According to their latest financial statements, Edinburgh Innovations Limited has 192 employees and maintains cash reserves of £6.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 33,841,718 | 32,809,201 | 32,424,076 | 24,464,363 | 18,101,974 | 17,157,636 | 15,744,911 | 13,343,516 | 13,884,602 | 13,501,414 | 12,623,760 | 12,494,289 | 12,268,018 | 11,436,228 | 10,884,652 | 10,606,442 |
| Other Income Or Grants | ||||||||||||||||
| Cost Of Sales | 15,368,355 | 13,795,353 | 13,816,043 | 8,711,232 | 6,871,879 | 7,446,320 | 6,456,603 | 5,434,233 | ||||||||
| Gross Profit | 18,473,363 | 19,013,848 | 18,608,033 | 15,753,131 | 11,230,095 | 9,711,316 | 9,288,308 | 7,909,283 | ||||||||
| Admin Expenses | 17,431,618 | 18,018,327 | 16,292,930 | 14,032,652 | 10,149,415 | 9,664,555 | 9,420,745 | 7,911,509 | ||||||||
| Operating Profit | 1,041,745 | 995,521 | 2,315,103 | 1,720,479 | 1,080,680 | 46,761 | -132,437 | -2,226 | 284,379 | 361,956 | 277,230 | 774,810 | 821,665 | 740,021 | 329,419 | 432,692 |
| Interest Payable | ||||||||||||||||
| Interest Receivable | 74,221 | 50,823 | 2,341 | 354 | 7,688 | 9,126 | 3,023 | 1,576 | 5,228 | 3,960 | 3,284 | 6,948 | 9,724 | 8,811 | 8,902 | 44,172 |
| Pre-Tax Profit | 1,115,966 | 1,046,344 | 2,317,444 | 1,720,833 | 1,088,368 | 55,887 | -129,414 | -650 | 289,607 | 365,916 | 45,514 | -53,242 | -65,611 | -11,168 | 338,321 | 476,864 |
| Tax | 10,618 | -10,618 | 20,000 | -20,000 | -3,436 | -2,590 | ||||||||||
| Profit After Tax | 1,115,966 | 1,046,344 | 2,317,444 | 1,720,833 | 1,098,986 | 45,269 | -129,414 | -650 | 289,607 | 385,916 | 25,514 | -53,242 | -65,611 | -11,168 | 334,885 | 474,274 |
| Dividends Paid | ||||||||||||||||
| Retained Profit | 1,115,966 | 1,046,344 | 2,317,444 | 1,720,833 | 435,806 | 45,269 | -129,414 | -650 | 289,607 | 385,916 | 25,514 | -53,242 | -65,611 | -11,168 | -25,115 | -3,726 |
| Employee Costs | 11,685,175 | 13,707,670 | 12,441,552 | 10,673,938 | 8,209,183 | 7,274,823 | 7,202,807 | 5,742,861 | 5,940,629 | 6,291,230 | 5,501,485 | 4,830,484 | 4,275,455 | 3,663,559 | 3,612,754 | 3,455,798 |
| Number Of Employees | 192 | 191 | 189 | 165 | 142 | 129 | 132 | 115 | 129 | 135 | 116 | 109 | 91 | 77 | 71 | 72 |
| EBITDA* | 1,046,856 | 996,520 | 2,315,103 | 1,720,479 | 1,080,680 | 46,761 | -58,064 | 21,134 | 307,743 | 385,317 | 277,230 | 774,810 | 821,665 | 740,021 | 339,935 | 443,203 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 6,224 | 4,997 | 74,373 | 97,733 | 121,097 | 144,458 | 10,516 | |||||||||
| Intangible Assets | ||||||||||||||||
| Investments & Other | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||
| Debtors (Due After 1 year) | ||||||||||||||||
| Total Fixed Assets | 6,225 | 4,998 | 1 | 1 | 1 | 1 | 1 | 74,374 | 97,734 | 121,098 | 144,459 | 1 | 1 | 1 | 10,516 | |
| Stock & work in progress | ||||||||||||||||
| Trade Debtors | 2,953,014 | 1,951,685 | 2,582,796 | 1,392,861 | 1,003,901 | 1,783,125 | 1,081,402 | 1,328,783 | 1,226,988 | 1,280,960 | 850,317 | 746,178 | 915,337 | 1,003,244 | 648,720 | 891,596 |
| Group Debtors | 560,552 | 1,483,441 | 921,677 | 1,522,672 | 489,795 | 466,948 | 372,070 | 265,598 | 469,870 | 341,259 | 495,992 | 30,686 | 203,753 | 133,236 | 63,467 | 45,414 |
| Misc Debtors | 496,222 | 361,480 | 141,759 | 216,078 | 197,104 | 198,649 | 120,858 | 97,705 | 116,268 | 201,416 | 231,118 | 208,203 | 155,283 | 151,781 | 132,000 | 181,991 |
| Cash | 6,847,451 | 6,001,023 | 7,782,779 | 5,548,339 | 4,584,147 | 3,756,622 | 3,447,313 | 2,691,641 | 2,829,079 | 2,200,299 | 1,403,989 | 2,424,725 | 2,598,973 | 2,003,782 | 1,378,113 | 1,049,895 |
| misc current assets | ||||||||||||||||
| total current assets | 10,857,239 | 9,797,629 | 11,429,011 | 8,679,950 | 6,274,947 | 6,205,344 | 5,021,643 | 4,383,727 | 4,642,205 | 4,023,934 | 2,981,416 | 3,409,792 | 3,873,346 | 3,292,043 | 2,222,300 | 2,168,896 |
| total assets | 10,863,464 | 9,802,627 | 11,429,012 | 8,679,951 | 6,274,948 | 6,205,345 | 5,021,644 | 4,458,101 | 4,739,939 | 4,145,032 | 3,125,875 | 3,409,793 | 3,873,347 | 3,292,044 | 2,222,300 | 2,179,412 |
| Bank overdraft | ||||||||||||||||
| Bank loan | ||||||||||||||||
| Trade Creditors | 260,841 | 258,501 | 314,216 | 486,278 | 418,535 | 291,281 | 243,882 | 232,392 | 407,954 | 227,802 | 298,791 | 88,203 | 71,532 | 116,167 | 122,861 | 88,071 |
| Group/Directors Accounts | 2,824,638 | 3,270,975 | 2,749,464 | 1,817,131 | 1,417,403 | 1,475,474 | 1,217,817 | 923,254 | 956,123 | 570,130 | 612,533 | 655,489 | 890,732 | 644,219 | 443,781 | 497,351 |
| other short term finances | ||||||||||||||||
| hp & lease commitments | ||||||||||||||||
| other current liabilities | 7,673,932 | 6,093,895 | 6,751,404 | 4,781,906 | 3,458,504 | 3,893,890 | 3,060,514 | 2,673,610 | 2,746,367 | 3,007,212 | 1,979,352 | 2,456,416 | 2,648,156 | 2,203,120 | 1,315,952 | 1,229,169 |
| total current liabilities | 10,759,411 | 9,623,371 | 9,815,084 | 7,085,315 | 5,294,442 | 5,660,645 | 4,522,213 | 3,829,256 | 4,110,444 | 3,805,144 | 2,890,676 | 3,200,108 | 3,610,420 | 2,963,506 | 1,882,594 | 1,814,591 |
| loans | ||||||||||||||||
| hp & lease commitments | ||||||||||||||||
| Accruals and Deferred Income | ||||||||||||||||
| other liabilities | ||||||||||||||||
| provisions | ||||||||||||||||
| total long term liabilities | ||||||||||||||||
| total liabilities | 10,759,411 | 9,623,371 | 9,815,084 | 7,085,315 | 5,294,442 | 5,660,645 | 4,522,213 | 3,829,256 | 4,110,444 | 3,805,144 | 2,890,676 | 3,200,108 | 3,610,420 | 2,963,506 | 1,882,594 | 1,814,591 |
| net assets | 104,053 | 179,256 | 1,613,928 | 1,594,636 | 980,506 | 544,700 | 499,431 | 628,845 | 629,495 | 339,888 | 235,199 | 209,685 | 262,927 | 328,538 | 339,706 | 364,821 |
| total shareholders funds | 104,053 | 179,256 | 1,613,928 | 1,594,636 | 980,506 | 544,700 | 499,431 | 628,845 | 629,495 | 339,888 | 235,199 | 209,685 | 262,927 | 328,538 | 339,706 | 364,821 |
| Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Profit | 1,041,745 | 995,521 | 2,315,103 | 1,720,479 | 1,080,680 | 46,761 | -132,437 | -2,226 | 284,379 | 361,956 | 277,230 | 774,810 | 821,665 | 740,021 | 329,419 | 432,692 |
| Depreciation | 5,111 | 999 | 74,373 | 23,360 | 23,364 | 23,361 | 10,516 | 10,511 | ||||||||
| Amortisation | ||||||||||||||||
| Tax | 10,618 | -10,618 | 20,000 | -20,000 | -3,436 | -2,590 | ||||||||||
| Stock | ||||||||||||||||
| Debtors | 213,182 | 150,374 | 514,621 | 1,440,811 | -757,922 | 874,392 | -117,756 | -121,040 | -10,509 | 246,208 | 592,360 | -289,306 | -13,888 | 444,074 | -274,814 | 1,119,001 |
| Creditors | 2,340 | -55,715 | -172,062 | 67,743 | 127,254 | 47,399 | 11,490 | -175,562 | 180,152 | -70,989 | 210,588 | 16,671 | -44,635 | -6,694 | 34,790 | 88,071 |
| Accruals and Deferred Income | 1,580,037 | -657,509 | 1,969,498 | 1,323,402 | -435,386 | 833,376 | 386,904 | -72,757 | -260,845 | 1,027,860 | -477,064 | -191,740 | 445,036 | 887,168 | 86,783 | 1,229,169 |
| Deferred Taxes & Provisions | ||||||||||||||||
| Cash flow from operations | 2,416,051 | 132,922 | 3,597,918 | 1,670,813 | 1,541,088 | 42,526 | 458,086 | -106,145 | 237,559 | 1,115,980 | -601,606 | 889,047 | 1,235,954 | 1,176,421 | 732,886 | 638,852 |
| Investing Activities | ||||||||||||||||
| capital expenditure | ||||||||||||||||
| Change in Investments | 1 | |||||||||||||||
| cash flow from investments | ||||||||||||||||
| Financing Activities | ||||||||||||||||
| Bank loans | ||||||||||||||||
| Group/Directors Accounts | -446,337 | 521,511 | 932,333 | 399,728 | -58,071 | 257,657 | 294,563 | -32,869 | 385,993 | -42,403 | -42,956 | -235,243 | 246,513 | 200,438 | -53,570 | 497,351 |
| Other Short Term Loans | ||||||||||||||||
| Long term loans | ||||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||||
| other long term liabilities | ||||||||||||||||
| share issue | ||||||||||||||||
| interest | 74,221 | 50,823 | 2,341 | 354 | 7,688 | 9,126 | 3,023 | 1,576 | 5,228 | 3,960 | 3,284 | 6,948 | 9,724 | 8,811 | 8,902 | 44,172 |
| cash flow from financing | -1,563,285 | -1,908,682 | -1,363,478 | -706,621 | -50,383 | 266,783 | 297,586 | -31,293 | 391,221 | -319,670 | -39,672 | -228,295 | 256,237 | 209,249 | -44,668 | 910,070 |
| cash and cash equivalents | ||||||||||||||||
| cash | 846,428 | -1,781,756 | 2,234,440 | 964,192 | 827,525 | 309,309 | 755,672 | -137,438 | 628,780 | 796,310 | -1,020,736 | -174,248 | 595,191 | 625,669 | 328,218 | 1,049,895 |
| overdraft | ||||||||||||||||
| change in cash | 846,428 | -1,781,756 | 2,234,440 | 964,192 | 827,525 | 309,309 | 755,672 | -137,438 | 628,780 | 796,310 | -1,020,736 | -174,248 | 595,191 | 625,669 | 328,218 | 1,049,895 |
edinburgh innovations limited Credit Report and Business Information
Edinburgh Innovations Limited Competitor Analysis
Perform a competitor analysis for edinburgh innovations limited by selecting its closest rivals, whether from the EDUCATION sector, other large companies, companies in EH8 area or any other competitors across 12 key performance metrics.
edinburgh innovations limited Ownership
EDINBURGH INNOVATIONS LIMITED group structure
Edinburgh Innovations Limited has 1 subsidiary company.
Ultimate parent company
THE UNIVERSITY OF EDINBURGH
#0015606
1 parent
EDINBURGH INNOVATIONS LIMITED
SC148048
1 subsidiary
edinburgh innovations limited directors
Edinburgh Innovations Limited currently has 9 directors. The longest serving directors include Mr John Reid (Jul 2017) and Professor Christina Boswell (Sep 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Reid | Scotland | 72 years | Jul 2017 | - | Director |
| Professor Christina Boswell | 52 years | Sep 2019 | - | Director | |
| Dr Catherine Martin | 50 years | Apr 2020 | - | Director | |
| Dr Gillian Cannon | 61 years | Feb 2021 | - | Director | |
| Professor Iain Gordon | Scotland | 51 years | Dec 2022 | - | Director |
| Professor Ailsa Henderson | 51 years | Sep 2023 | - | Director | |
| Dr Frank Armstrong | England | 68 years | Jun 2024 | - | Director |
| Professor David Argyle | 57 years | Aug 2024 | - | Director | |
| Dr Andrea Taylor | 48 years | Aug 2024 | - | Director |
P&L
July 2024turnover
33.8m
+3%
operating profit
1m
+5%
gross margin
54.6%
-5.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2024net assets
104.1k
-0.42%
total assets
10.9m
+0.11%
cash
6.8m
+0.14%
net assets
Total assets minus all liabilities
edinburgh innovations limited company details
company number
SC148048
Type
Private limited with Share Capital
industry
85600 - Educational support activities
incorporation date
December 1993
age
32
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
July 2024
previous names
edinburgh research and innovation limited (August 2017)
edinburgh technopole company limited (August 2002)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
university of edinburgh, old college, south bridge, edinburgh, midlothian, EH8 9YL
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
edinburgh innovations 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 edinburgh innovations limited.
edinburgh innovations limited Capital Raised & Share Issues BETA
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edinburgh innovations limited Companies House Filings - See Documents
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