BIMM UNIVERSITY LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. BIMM UNIVERSITY LIMITED 2022-07-04 → present
2. BIMM LIMITED 2007-08-20 → 2022-07-04

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After reviewing BIMM University Limited group's and company's forecasts and considering their profit and net assets at the year end and based on the expected continued financial support of the ultimate parent company, the directors have a reasonable expectation that the Group and company have adequate resources to continue in operational existence and to meet their liabilities and obligations for the foreseeable future, being a period of at least 12 months from the date of these accounts. In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. BIMM UNIVERSITY LIMITED · parent
   1. Rock Place Management Limited 100% · UK · Provision of music education
   2. No.7 Limited 100% · UK · Property management & publishing
   3. Kings Square Management Limited 100% · UK · Provision of music education
   4. South Coast Sounds Limited 100% · UK · Record label
   5. Tech Music Schools Limited 100% · UK · Provision of music education
   6. BIMM Dublin Limited 100% · Ireland · Provision of music education
   7. BRICTT Limited 100% · UK · Provision of performing arts education
   8. BIMM Education Limited 100% · UK · Dormant
   9. Performers College Limited 100% · England and Wales · Provision of theatrical education
   10. Leagh-Hicks Associates Limited 100% · England and Wales · Artist management
   11. Performers Management Agency Limited 100% · England and Wales · Artist management
   12. The Dancehouse Property Management Limited 100% · England and Wales · Property management
   13. Masters Performing Arts College Limited 100% · England and Wales · Provision of performing arts education
   14. Northern Ballet School · England and Wales · Provision of dance education
   15. The Dancehouse Theatre Company Limited · England and Wales · Provision of staged events

Significant events

• “During the year the group decided to simplify the group structure by rationalising the number of subsidiaries. As an initial step those companies in scope returned to BIMM University Limited their value by issuing a dividend to bring their net assets down to trivial levels.”
• “There are no post balance sheet events.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

11

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -0.9%

  £76,283,065 → £75,583,296

• Cash

  -51.5%

  £8,078,784 → £3,921,980

• Net assets

  +24%

  £122,453,809 → £151,889,070

• Employees

  -32.4%

  692 → 468

• Operating profit

  +51.4%

  £18,564,531 → £28,102,318

• Profit before tax

  +51.2%

  £18,523,298 → £28,016,288

• Wages

  -28%

  £19,216,427 → £13,836,486

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers