2u Getsmarter (Uk) Limited
10838351
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 4 outstanding charges (-8)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 08/05/2025
GENERAL COUNSEL
AMERICAN · UNITED STATES · Age 44
Also on 3 other boards
Persons with Significant Control
Former PSCs
2u, Inc.
Ceased 07/08/2024
Charges4 outstanding
WILMINGTON SAVINGS FUND SOCIETY, FSB AS SECURITY AGENT
ALTER DOMUS (US) LLC AS COLLATERAL AGENT
WILMINGTON SAVINGS FUND SOCIETY, FSB AS SECURITY AGENT
ALTER DOMUS (US) LLC AS SECURITY AGENT
CompanyRankvs 189+ SIC 85421 peers52
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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
whether they have been prepared in accordance with international accounting standards in conformity with the requirements of the Companies Act 2006; - assess the company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern; and - use the going concern basis of accounting unless they either intend to liquidate the company or to cease operations, or h
Key FinancialsYear ending 31/12/2021
Turnover
£43.7M
Annual revenue
Net Worth
£500
Balance sheet strength
Cash
£2.3M
Cash in the bank
Profit Before Tax
£1.7M
Bottom line earnings
Net Current Assets
£27.1M
Working capital
Current Assets
£24.6M
Current Liabilities
£7.7M
Debtors
£4.4M
Cost of Sales
£16.9M
Gross Profit
£26.8M
Admin Expenses
£24.5M
Operating Profit
£1.6M
Profit After Tax
£1.3M
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2021 | 3.18 |
| 2020 | 5.41 |
| 2019 | 7.17 |
| 2018 | 1.98 |
Derived from filed accounts. Not audited figures.