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Now Education Group Limited

12214029

active
Private Limited Company
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

TRICORN HOUSE, BIRMINGHAM, B16 8TP
Incorporated 18/09/2019

Compliance

Last accounts

31/08/2025

group

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 17/09/2025

Due 01/10/2026

On track

Industry

78109
Other activities of employment placement agencies

Officers

Mr Alexander Stuart Westworth

director · Since 18/09/2019

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 1 other board

Mr Lee Gary Gallier

director · Since 01/09/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 1 other board

Emma Jayne Westworth

secretary · Since 26/07/2022

Persons with Significant Control

Now Education Holdings Ltd

75–100% shares
75–100% votes
Appoint directors

14th Floor Cobalt Square, 83 Hagley Road, Birmingham, B16 8QG

Reg: 15259849 · Companies House Register (Uk) · Private Company Limited By Shares

Notified 19/12/2023

Former PSCs

Mr Alexander Stuart Westworth

Ceased 01/09/2020

Gary Stephen Redman

Ceased 19/12/2023

Charges3 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 27/06/2024Registered 28/06/2024
Charge
outstanding

PREFEQUITY LLP

Created 19/12/2023Registered 20/12/2023
Charge
outstanding

GARY STEPHEN REDMAN

Created 19/12/2023Registered 20/12/2023
Charge
satisfied

LLOYDS BANK PLC

Created 19/12/2023Registered 20/12/2023Satisfied 01/08/2024
Charge
satisfied

LLOYDS BANK PLC

Created 02/11/2021Registered 16/11/2021Satisfied 01/08/2024

CompanyRankvs 1072+ SIC 78109 peers
62

Financial strength100th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.28× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

Liquidity20/20 pts

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

Longevity7/15 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

not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group and parent company's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern

Key FinancialsYear ending 31/08/2025

Turnover

£30.7M

Annual revenue

Net Worth

£3.2M

Balance sheet strength

Cash

£585k

Cash in the bank

Profit Before Tax

£2.6M

Bottom line earnings

Net Current Assets

£3.1M

Working capital

Current Assets

£4.1M

Current Liabilities

£953k

Fixed Assets

£74k

Debtors

£3.5M

Cost of Sales

£23.5M

Gross Profit

£7.2M

Admin Expenses

£4.5M

Operating Profit

£2.7M

Profit After Tax

£2.0M

63avg. employees-1

Tax at Year End

Corp tax£289k
Dividends paid-£178k

People Costs

Wages & salaries£4.3M
NI contributions£304k

Balance Sheet

Intangible assets£22k
Interest payable£74k
Assets less current liabilities£3.2M
Signed by A Westworth 27/05/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20254.28+£1.6M
20241.83
20231.28

Derived from filed accounts. Not audited figures.