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On Track Education Services Limited

05363653

active
PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

BEDFORD I-LAB, BEDFORD, MK44 3RZ
Incorporated 14/02/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85200
Primary education
85310
General secondary education
85320
Technical and vocational secondary education
85600
Educational support services

Officers

Penelope Ann Harris

director · Since 14/02/2005

SENIOR CO ORDINATOR

BRITISH · UNITED KINGDOM · Age 48

Also on 1 other board

Jane Marilyn Cox

director · Since 06/04/2014

HEAD OF SERVICES (SW)

BRITISH · ENGLAND · Age 71

Also on 1 other board

Mrs Penelope Ann Harris

secretary · Since 01/09/2017

Persons with Significant Control

Penelope Ann Harris

Significant control

British · United Kingdom · Age 48

Suite S20 Bedford I Lab Stannard Way, Priory Business Park, Bedford, MK44 3RZ

Notified 06/04/2016

Jane Marilyn Cox

Significant control

British · England · Age 71

Suite S20 Bedford I Lab, Stannard Way, Bedford, MK44 3RZ

Notified 06/04/2016

Former PSCs

Mrs Janice Alma Grayson

Ceased 31/08/2017

Charges1 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 13/12/2018Registered 03/01/2019Satisfied 03/05/2023
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 26/02/2008Registered 27/02/2008Satisfied 08/03/2017
charge
satisfied

P E LOGISTICS LIMITED

Created 26/02/2008Registered 27/02/2008Satisfied 28/02/2017
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 08/07/2006Registered 13/07/2006

CompanyRankvs 245+ SIC 85200 peers
61

Financial strength97th percentile among SIC peers · 24/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.23× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£16.6M

Annual revenue

Net Worth

£3.4M

Balance sheet strength

Cash

£2.8M

Cash in the bank

Profit Before Tax

£376k

Bottom line earnings

Net Current Assets

£1.6M

Working capital

Current Assets

£8.4M

Current Liabilities

£6.9M

Fixed Assets

£1.9M

Debtors

£5.6M

Admin Expenses

£16.3M

Operating Profit

£271k

Profit After Tax

£264k

340avg. employees+26

Tax at Year End

Corp tax£119k

People Costs

Wages & salaries£10.1M
NI contributions£969k

Balance Sheet

Assets less current liabilities£3.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.23+£264k
20231.29+£283k
20221.23+£322k
20211.25+£398k
20201.24+£375k
20191.33+£307k
20181.45

Derived from filed accounts. Not audited figures.