Community Interest Company
IDEMS is legally registered in the UK as a Community Interest Company. This structure enables us to be defined by the communities we serve while doing business commercially. Serving a community gives us a sense of purpose beyond our own self interest as individuals or even as a company.
The communities we serve relate to the three main areas of the company: development, education and the mathematical sciences.
- Development activities aim to benefit people living below the poverty line.
- Education activities aim to benefit students across all academic levels.
- Mathematical science activities aim to benefit practitioners and users of the mathematical sciences.
Many of the company’s activities relate to more than one of these areas.
IDEMS is a not-for-profit limited by guarantee company. Our not-for-profit status means that profits cannot be passed to individuals and must be retained within the company for growth and expansion or used for social impact projects and donations to our designated charities.
Social Enterprise UK
IDEMS is a member of Social Enterprise UK and we are keen to engage in the social enterprise community and support the social enterprise movement, within the UK and internationally. Where possible, we support the “buy social” movement and we actively look for ways to support fellow social enterprises.
IDEMS is a profitable not-for-profit recognising that we can only grow to achieve our ambitions by embracing the entrepreneurial side of being a social enterprise. As such our day to day working practices focus on build a dynamic and competitive team, which enables our ambitious growth-driven decision making.