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Education Management Corporation Limited

06035468

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

2ND FLOOR HYGEIA BUILDING, HARROW, HA1 1BE
Incorporated 21/12/2006

Compliance

Last accounts

31/08/2024

group

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 03/12/2025

Due 17/12/2026

On track

Industry

64209
Activities of other holding companies

Officers

Mr Derek Russell Smith

director · Since 03/11/2016

DIRECTOR

BRITISH · MONACO · Age 64

Also on 3 other boards

Persons with Significant Control

Irina Michajlovna Franchken

Significant control

New Zealander · Singapore · Age 73

2nd, Floor Hygeia Building, Harrow, HA1 1BE

Notified 06/04/2016

Mr Derek Russell Smith

Significant control

British · Monaco · Age 64

2nd Floor, Hygeia House, Harrow, HA1 1BE

Notified 12/11/2018

Former PSCs

Dr Nicolaas Jan Carel Francken

Ceased 06/04/2016

Mr Federico Fruhbeck

Ceased 06/04/2016

Teressa Ann Davies

Ceased 08/10/2021

CompanyRankvs 5062+ SIC 64209 peers
63

Financial strength87th percentile among SIC peers · 22/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.69× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength22/25 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.

Liquidity6/20 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

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

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and 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. Our responsibilities and the responsibilities of the director with respect to g

Key FinancialsYear ending 31/08/2024

Net Worth

£1.2M

Balance sheet strength

Cash

£4.3M

Cash in the bank

Net Current Assets

-£3.1M

Working capital

Current Assets

£6.9M

Current Liabilities

£10.0M

Fixed Assets

£100.3M

Debtors

£6.8M

Cost of Sales

£101.5M

Admin Expenses

£54.2M

Profit After Tax

-£9.6M

33avg. employees-1

Tax at Year End

Corp tax£63k

People Costs

Wages & salaries£60.4M

Balance Sheet

Intangible assets£6.5M
Bank loans & overdrafts£29.8M
Assets less current liabilities£97.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.69-£33.7M
20230.93+£3.1M
20221.38+£1.2M
20211.83+£129k
20204.43+£2.2M
20195.45

Derived from filed accounts. Not audited figures.