Back to search

Now Education Holdings Ltd

15259849

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

51 HAGLEY ROAD, BIRMINGHAM, B16 8TP
Incorporated 03/11/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Lee Gary Gallier

director · Since 03/11/2023

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 8 other boards

Mr Alexander Stuart Westworth

director · Since 03/11/2023

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 9 other boards

Mr John Alexander George Carew Pole

director · Since 19/12/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 2 other boards

Persons with Significant Control

Mr Alexander Stuart Westworth

25–50% shares
25–50% votes

British · England · Age 46

51 Hagley Road, Tricorn House, Birmingham, B16 8TP

Notified 03/11/2023

Former PSCs

Emma Jayne Westworth

Ceased 19/12/2023

Lee Gary Gallier

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

CompanyRankvs 6208+ SIC 64209 peers
53

Financial strength95th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.83× · 16/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength24/25 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.

Liquidity16/20 pts

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

Longevity3/15 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

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

£20.7M

Annual revenue

Net Worth

£5.3M

Balance sheet strength

Cash

£226k

Cash in the bank

Profit Before Tax

-£1.6M

Bottom line earnings

Net Current Assets

£1.5M

Working capital

Current Assets

£3.3M

Current Liabilities

£1.8M

Fixed Assets

£23.9M

Debtors

£3.1M

Cost of Sales

£14.9M

Gross Profit

£5.8M

Admin Expenses

£5.8M

Operating Profit

£62k

Profit After Tax

-£1.7M

64avg. employees

Tax at Year End

Corp tax£92k
Dividends paid-£349k

People Costs

Wages & salaries£2.8M
NI contributions£342k

Balance Sheet

Intangible assets£23.9M
Interest payable£1.5M
Assets less current liabilities£25.5M
Signed by A Westworth 30/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20241.83

Derived from filed accounts. Not audited figures.