BRITISH INSTITUTE OF TECHNOLOGY LTD

252-256 ROMFORD ROAD, LONDON, E7 9HZ

Previous 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-2024
Accounts 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
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY 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 - 3310 (30.3%)
Active Dominic Patrick, Professor PALMER-BROWN 01 Mar 2021 Principal British 1 - 20 (0.0%)
Active Muhammad Ali FARMER 25 Sep 2001 Chief Executive British 1 - 33 (75.0%)
Number of active directors: 2
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
2020-07-052019-07-052016-09-172015-09-172014-09-17
DR MA FARMERORDINARY217,286
61.9%
1,523,742
100.0%
1,523,742
100.0%
0
0%
0
0%
BITE CHARITYORDINARY133,777
38.1%
25
0.002%
0
0%
0
0%
0
0%
PUSH START CHARITYORDINARY0
0%
0
0%
25
0.002%
25
2.5%
25
2.5%
DRMA FARMERORDINARY0
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
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