Institute of Advanced Motorists Limited(The)
Registered name: INSTITUTE OF ADVANCED MOTORISTS LIMITED(THE)
Institute of Advanced Motorists Limited(The) made £6.5m revenue and a £666k loss in the year to 31 Mar 2024.
Institute of Advanced Motorists Limited(The)’s revenue grew 54% to £6.5m in the year to 31 Mar 2024, with a loss of £666k and 68 employees. The company is classified under “driving school activities” and is based in Welwyn Garden City; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Welwyn Garden City, East of England
- Age
- 70 yrs · since 1956
- Type
- PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £4.2m | £4.2m | £6.5m |
| Cost of sales | £613k | £1.5m | — |
| Gross profit | £3.6m | £2.8m | — |
| Operating profit | −£221k | −£1.4m | — |
| Profit before tax | £204k | −£2.1m | −£666k |
| Profit after tax | £204k | −£2.1m | −£666k |
| Profit (best available) | £204k | −£2.1m | −£666k |
| Employees (average) | 61 | 60 | 68 |
| Ratios | |||
| Profit margin | 4.8% | −49.4% | −10.2% |
| Gross margin | 85.5% | 65.3% | — |
| Revenue per employee | £69.6k | £70.4k | £95.9k |
| Profit per employee | £3.3k | −£34.7k | −£9.8k |
| Growth (year on year) | |||
| Revenue growth | — | ▼0.5% | ▲54.4% |
| Profit growth | — | ▼1121% | — |
| Headcount growth | — | ▼1.6% | ▲13.3% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £629k | £520k | — |
| Net assets | £7.6m | £5.5m | — |
| Fixed assets | £9m | £7.5m | — |
| Current assets | £2.3m | £2.1m | — |
| Debtors | £40k | £10.9k | — |
| Deferred income | £418k | £495k | — |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | Accounts · bulk data Dec 2024 |
How the business works
- Profit margin
- −10.2%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £95.9k
- Revenue ÷ average employees.
- Profit per employee
- −£9.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲13%
- Now 68
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (7)
- Iam Drive & Survive LimitedRev. £812k · Profit −£134k
- Iam Driver Retraining Academy LimitedFigures not disclosed
- Iam Group Services Ltd.Figures not disclosed
- Iam Motoring Trust Trading LimitedFigures not disclosed
- Iam Roadsmart LimitedFigures not disclosed
- Professional Driver Services LtdFigures not disclosed
- The Institute of Advanced Motorcyclists LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2024 (profit −£666k), from the Companies House accounts bulk data published Dec 2024. Spotted an error? Request a correction.
Updated from Companies House on 11 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.