Back to search

Ipswich Education Limited

10875162

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

WOOLVERSTONE, IPSWICH, SUFFOLK, ENGLAND, IPSWICH, IP9 1AZ
Incorporated 20/07/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85310
General secondary education

Officers

Ms Xuyan Lin

director · Since 22/01/2020

COMPANY DIRECTOR

CHINESE · CHINA · Age 54

Also on 1 other board

Mr Jing Wang

director · Since 22/01/2020

COMPANY DIRECTOR

CHINESE · CHINA · Age 49

Also on 1 other board

Mrs Kimberley Elizabeth Pigram

director · Since 01/09/2022

DIRECTOR

BRITISH · ENGLAND · Age 44

Mr Jamie Alexander Smith

director · Since 01/09/2022

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 19 other boards

Persons with Significant Control

Ms Xuyan Lin

75–100% votes

Chinese · China · Age 54

Room 1402,14f China Resources Building, 26 Harbour Road, Hong Kong

Notified 22/01/2020

Former PSCs

Jamesd Douglas Strachan Gordon

Ceased 21/08/2017

Mr Paul Marcus Newton

Ceased 12/09/2017

Ipswich Educational Holding Limited

Ceased 12/09/2017

Mr Chaiyakorn Yingsaeree

Ceased 22/01/2020

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 08/02/2018Registered 15/02/2018

CompanyRankvs 1890+ SIC 85310 peers
21

Financial strength1th percentile among SIC peers · 0/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.05× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength0/25 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.

Liquidity2/20 pts

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

Longevity9/15 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 original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t

Key FinancialsYear ending 31/08/2024

Turnover

£8.9M

Annual revenue

Net Worth

-£11.2M

Balance sheet strength

Cash

£863k

Cash in the bank

Profit Before Tax

-£1.2M

Bottom line earnings

Net Current Assets

-£18.6M

Working capital

Current Assets

£1.1M

Current Liabilities

£19.7M

Fixed Assets

£7.4M

Debtors

£218k

Cost of Sales

£7.3M

Gross Profit

£1.6M

Admin Expenses

£1.2M

Profit After Tax

-£1.2M

148avg. employees+20

Tax at Year End(2019)

VAT£8k

People Costs

Wages & salaries£4.0M
NI contributions£384k

Balance Sheet

Intangible assets£512k
Signed by Class 1Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.05-£1.5M
20230.06-£2.1M
20220.07-£1.9M
20210.05-£1.8M
20200.08-£1.2M
20190.10-£2.2M£154k
20180.78

Derived from filed accounts. Not audited figures.