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BRITISH INSTITUTE OF TECHNOLOGY LTD
252-256 ROMFORD ROAD, LONDON, E7 9HZPrevious name: BRITISH INSTITUTE OF TECHNOLOGY AND E-COMMERCE LTD (changed on 05-Oct-2015)
Company Number: 04293041
Incorporation date: 25-Sep-2001
Status: Active
Entity type: Private Limited Company
SIC codes:
68202 Letting and operating of conference and exhibition centres
85421 First-degree level higher education
85422 Post-graduate level higher education
85600 Educational support services
SUMMARY
This company is 22.5 years old and is currently active. It is controlled by Dr Muhammad Farmer. The company has positive equity (net assets) of GBP 12.8 million which has increased from GBP 5.2 million in the previous year. The latest reported revenue figure is GBP 813.6 thousand which is down -90% on the previous year. The company has 2 active officers (directors or partners) who are or were officers of 5 other companies, 2 (40.0%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There is one court case involving the company that we are aware of.FINANCIALS (BETA)
Next accounts due: 30-Sep-2024Accounts Filed: SMALL (31-Dec-2022)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
31-Dec-2016 | GBP | 813,578 | -1,405,678 | 96 | 453 | -1,406,035 | |
31-Dec-2015 | GBP | 7,870,854 | 310,338 | 237,411 | |||
31-Dec-2014 | GBP | 10,631,302 | 1,261,928 | 1,441 | 1,067,184 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-Dec-2016 | GBP | 252,668 | 1,642,800 | 4,355,315 | 1,523,767 | 1,507,433 | 12,775,768 | ||
31-Dec-2015 | GBP | 252,668 | 1,642,800 | 4,355,315 | 1,523,767 | 2,665,182 | 5,175,109 | ||
31-Dec-2014 | GBP | 1,596,575 | 2,544,990 | 5,055,749 | 1,000 | 2,427,771 | 3,414,931 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|---|---|---|---|---|---|
31-Dec-2015 | GBP | 99.93% | 1,522,767 | 1,000 | 1,523,767 | -162,238 |
** Estimated based on average Cash and Debt levels during period
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
---|---|---|---|---|---|---|
Active | Muhammad Yaseen FARMER | 17 Jun 2022 | 28 Mar 2024 | 1 - 0 | ||
Resigned | Majeda BEGUM | 25 Sep 2001 | 17 Jun 2022 | British | 0 - 1 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Resigned | Graeme John, Professor Sir DAVIES | 01 Mar 2021 | 30 Aug 2022 | Non-Executive Director | British | 0 - 33 | 10 (30.3%) |
Active | Dominic Patrick, Professor PALMER-BROWN | 01 Mar 2021 | Principal | British | 1 - 2 | 0 (0.0%) | |
Active | Muhammad Ali FARMER | 25 Sep 2001 | Chief Executive | British | 1 - 3 | 3 (75.0%) |
Average tenure of active directors: 12.8 years
Average tenure of resigned directors: 1.5 years
Average active director Dissolution Rate: 37.5%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
Name
|
|||
---|---|---|---|
SPRINGMERE LIMITED (03991305) - Active | ✔ | ||
BRITISH INSTITUTE OF TECHNOLOGY LTD (04293041) - Active | ✔ | ✔ | |
FIFTY ONE/FIFTY TWO VANBRUGH PARK LIMITED (06290941) - Active | ✔ | ||
APPLES LTD (06495795) - Dissolved | ✔ | ||
BSH (LONDON) LIMITED (07050494) - Dissolved | ✔ | ||
SHRUBLAND EXECUTIVE CENTRE LIMITED (07081999) - Dissolved | ✔ |
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date | ||||
---|---|---|---|---|---|---|
2020-07-05 | 2019-07-05 | 2016-09-17 | 2015-09-17 | 2014-09-17 | ||
DR MA FARMER | ORDINARY | 217,286 61.9% | 1,523,742 100.0% | 1,523,742 100.0% | 0 0% | 0 0% |
BITE CHARITY | ORDINARY | 133,777 38.1% | 25 0.002% | 0 0% | 0 0% | 0 0% |
PUSH START CHARITY | ORDINARY | 0 0% | 0 0% | 25 0.002% | 25 2.5% | 25 2.5% |
DRMA FARMER | ORDINARY | 0 0% | 0 0% | 0 0% | 975 97.5% | 975 97.5% |
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
BRITISH INSTITUTE OF TECHNOLOGY LTD
no controlled companies
LATE PAYMENTS REPORT
This company has not filed any late payment reports possibly because it is not considered \'Large\'.
COURT CASES
Date | Title | Reference | Subject |
---|---|---|---|
2018-07-06 | Mr B Ikejiaku v British Institute of Technology Ltd England (BITE) | [2018] UKET 3200947/2017 | Breach of Contract |
PATENTS
No Patents found
COMPETITORS
(Based on Sic code:
68202 Letting and operating of conference and exhibition centres)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|---|---|---|---|---|---|
ETC VENUES LIMITED | PROSPERO HOUSE, 241 BOROUGH HIGH STREET, LONDON, SE1 1GA | 02717522 | 2017-06-30 | 46,056,569 | 7,023,402 | |
ETC VENUES PARENT HOLDINGS LTD | PROSPERO HOUSE, 241 BOROUGH HIGH STREET, LONDON, SE1 1GA | 08283506 | 2017-06-30 | 46,056,569 | 5,308,038 | |
KINGS HOUSE MANAGEMENT (UK) LIMITED | RAMILLIES HOUSE, 2 RAMILLIES STREET, LONDON, W1F 7LN | 06074175 | 2017-12-31 | 1,016,882 | 0 |
68320-Management of real estate on a fee or contract basis 73200-Market research and public opinion polling |
D & R INVESTMENTS LIMITED | 54 HOLLYHEDGE ROAD, BIRMINGHAM, WEST MIDLANDS, B71 3AB | 08469816 | 2018-03-31 | 86,023 | 0 | |
SWAFFHAM PHOENIX LIMITED | 2 ADMIRALS COURT, SWAFFHAM, NORFOLK, PE37 7TE | 08553020 | 2018-06-30 | 2,640 | 0 | |
ETC VENUES GROUP LIMITED | PROSPERO HOUSE, 241 BOROUGH HIGH STREET, LONDON, SE1 1GA | 05757544 | 2017-06-30 | 0 | -1,510 | |
ETC VENUES (HOLDINGS) LTD | PROSPERO HOUSE, 241 BOROUGH HIGH STREET, LONDON, SE1 1GA | 08283609 | 2017-06-30 | 0 | -717,217 | |
JAIDAN HOMES LIMITED | COMMUNICATIONS HOUSE, COMPTON ROAD, WOLVERHAMPTON, ENGLAND, WV3 9PH | 10442314 | 0000-00-00 | 0 | 0 | |
KIVETON PARK AND WALES VILLAGE HALL | . WALESMOOR AVENUE, KIVETON PARK, SHEFFIELD, SOUTH YORKSHIRE, S26 5RG | 06212268 | 0000-00-00 | 0 | 0 |
LIQUIDATION RISK (BETA)
This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis | Liquidation within 3 months | Liquidation within 6 months | Liquidation within 12 months | Prediction confidence |
---|---|---|---|---|
BRITISH INSTITUTE OF TECHNOLOGY LTD | 0.7% | 3.6% | 7.1% | Medium |
Other companies Active in the same sector | Too few competitors | |||
Age | 0.3% | 1.3% | 2.4% | Medium |
Company Type | 0.7% | 3.7% | 7.4% | Medium |
Accounts category | 0.5% | 1.5% | 2.8% | Medium |
Accounting Month | 0.6% | 2.4% | 5.5% | Medium |
Sic code count | 1.0% | 5.6% | 10.9% | Medium |