Change Education Limited
09676878
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
30/09/2024
audit exemption subsidiary
Next accounts due
30/06/2026
Confirmation statement
Last: 27/08/2025
Due 10/09/2026
Industry
Officers
director · Since 08/07/2015
DIRECTOR
BRITISH · UNITED KINGDOM · Age 42
Also on 29 other boards
director · Since 01/12/2022
CHIEF FINANCIAL OFFICER
BRITISH · ENGLAND · Age 38
Also on 19 other boards
Persons with Significant Control
Greencastle Holdings Limited
Kemp House, 152-160 City Road, London, EC1V 2NX
Notified 27/08/2020
Former PSCs
Mr Kevin Michael Coyle
Ceased 05/08/2019
Tapa Holdings Limited
Ceased 27/08/2020
Charges1 outstanding
RBS INVOICE FINANCE LTD
CompanyRankvs 8034+ SIC 78200 peers28
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 concern are d
Key FinancialsYear ending 30/09/2023
Turnover
£611k
Annual revenue
Net Worth
£100
Balance sheet strength
Cash
£79k
Cash in the bank
Profit Before Tax
-£217k
Bottom line earnings
Net Current Assets
-£332k
Working capital
Current Assets
£180k
Current Liabilities
£512k
Fixed Assets
£1k
Debtors
£100k
Cost of Sales
£334k
Gross Profit
£277k
Admin Expenses
£502k
Profit After Tax
-£217k
Tax at Year End(2022)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2023 | 0.35 |
| 2022 | 0.70 |
| 2021 | 0.87 |
| 2020 | 0.63 |
| 2019 | 0.93 |
| 2018 | 0.64 |
Derived from filed accounts. Not audited figures.