Now Education Group Limited
12214029
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 18/09/2019
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 46
Also on 1 other board
director · Since 01/09/2020
DIRECTOR
BRITISH · UNITED KINGDOM · Age 45
Also on 1 other board
secretary · Since 26/07/2022
Persons with Significant Control
Now Education Holdings Ltd
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
SANTANDER UK PLC
PREFEQUITY LLP
GARY STEPHEN REDMAN
LLOYDS BANK PLC
LLOYDS BANK PLC
CompanyRankvs 2923+ SIC 78109 peers58
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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
performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity'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 conce
Key FinancialsYear ending 31/08/2024
Turnover
£31.4M
Annual revenue
Net Worth
£1.6M
Balance sheet strength
Cash
£226k
Cash in the bank
Profit Before Tax
£2.7M
Bottom line earnings
Net Current Assets
£1.5M
Working capital
Current Assets
£3.3M
Current Liabilities
£1.8M
Fixed Assets
£76k
Debtors
£3.1M
Cost of Sales
£22.5M
Gross Profit
£8.8M
Admin Expenses
£5.9M
Operating Profit
£3.0M
Profit After Tax
£2.0M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.83 | — |
| 2023 | 1.28 | — |
| 2022 | 1.86 | +£1.1M |
| 2021 | 2.63 | — |
Derived from filed accounts. Not audited figures.