THE VERNON EDUCATIONAL TRUST LIMITED
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Cash
£571k
-19.6% lowest in 3 filed years
Net assets
£33m
-5% lowest in 3 filed years
Employees
147
+4.3% highest in 3 filed years
Profit before tax
-£1.7m
-134.1% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
5 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-08-31
| Metric | Trend | 2023-08-31 | 2024-08-31 | 2025-08-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £13,651,000 | £13,645,000 | £12,979,000 | -4.9% | |
| Operating profit | — | -£1,153,000 | -£2,201,000 | -90.9% | |
| Profit before tax | — | -£739,000 | -£1,730,000 | -134.1% | |
| Net profit | -£293,000 | -£739,000 | -£1,730,000 | -134.1% | |
| Cash | £1,870,000 | £710,000 | £571,000 | -19.6% | |
| Total assets less current liabilities | £35,708,000 | £34,959,000 | £33,598,000 | -3.9% | |
| Net assets | £35,436,000 | £34,697,000 | £32,967,000 | -5% | |
| Equity | £35,436,000 | £34,697,000 | £32,967,000 | -5% | |
| Average employees | 141 | 141 | 147 | +4.3% | |
| Wages | £6,115,000 | £6,721,000 | £6,746,000 | +0.4% | |
| Directors' remuneration | £10,000 | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-08-31 | 2024-08-31 | 2025-08-31 |
|---|---|---|---|---|
| Operating margin | — | -8.4% | -17.0% | |
| Net margin | -2.1% | -5.4% | -13.3% | |
| Return on capital employed | — | -3.3% | -6.6% | |
| Gearing (liabilities / total assets) | — | 17.3% | 15.2% | |
| Current ratio | 1.32x | 0.70x | 0.88x | |
| Interest cover | — | -67.82x | — |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- THE VERNON EDUCATIONAL TRUST LIMITED 1990-10-26 → present
- DAVIES'S EDUCATIONAL SERVICES LIMITED 1974-12-18 → 1990-10-26
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Crowe U.K. LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The trustees are satisfied that there are no material uncertainties surrounding the Trust's ability to continue as a going concern and the financial statements have been prepared on that basis.”
Group structure
- THE VERNON EDUCATIONAL TRUST LIMITED · parent
- Danes Hill Trading Limited 100%
- Brinlay Limited 100%
Significant events
- “Mr Richard Brown, left the school in December 2024 and was replaced by Mr Andrew Murfin, who took up interim leadership of the school in January 2025. Colin Baty joined the school as the new permanent Head in April 2025.”
- “The 2025 financial performance was affected by the introduction of VAT on fees from 1 January 2025, withdrawal of Business Rates relief and increases in National Insurance contributions from April 2025.”
- “In 2024, the school deepened its work with the Oxshott Net Zero community team to help reduce carbon in the community, and hosted repair cafes. The school saw more solar power yield and invested in greener spaces.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
13 active · 50 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| STOKES, Michelle | Secretary | 2026-05-01 | — | — |
| BACH, Matthew Donald Andrew, Dr | Director | 2024-12-05 | Mar 1983 | Australian |
| CHARLES, Claudette Carolyn | Director | 2024-01-01 | Feb 1972 | British |
| COHEN, Joel Edward | Director | 2025-06-26 | Aug 1980 | British |
| DAVIES, Gareth Rhys Aubrey | Director | 2023-01-01 | May 1973 | Welsh,British |
| HUNT, Ian Michael | Director | 2012-11-01 | Jul 1960 | British |
| KABONGO, Oliver | Director | 2025-04-22 | Feb 1990 | Australian |
| LESLIE-MILLER, Lindsay Jane | Director | 2024-03-21 | Jan 1958 | British |
| NTUMBA, Kayeye Cedric | Director | 2024-03-21 | Aug 1982 | South African |
| PRICE, Samantha Anna | Director | 2024-12-05 | Jan 1974 | British |
| RAYMOND, John Leslie | Director | 2023-01-01 | Aug 1960 | British |
| SAFDAR-KARIM, Shazanna | Director | 2026-01-01 | Jul 1979 | British |
| TAYLOR, Mark | Director | 2026-01-01 | Nov 1962 | British |
Show 50 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FALVEY, Brian Denis Alden | Secretary | — | 1993-01-10 |
| HOUSE, William Frederick | Secretary | 1997-09-01 | 2017-08-31 |
| QUINN, Richard | Secretary | 2017-01-01 | 2022-03-31 |
| STEWART, Robert Lewis | Secretary | 1992-01-30 | 1997-08-31 |
| TONNARD, Elise | Secretary | 2022-04-01 | 2025-09-30 |
| WATERS, Nina | Secretary | 2025-10-01 | 2026-04-30 |
| BEADLES, Anthony Hugh | Director | 2002-03-05 | 2009-08-31 |
| BELLAMY JAMES, Rita | Director | 2007-01-18 | 2010-08-16 |
| COLLARD, Sandra | Director | 2010-06-28 | 2018-12-14 |
| CORNISH, Catherine | Director | 2021-11-11 | 2023-12-31 |
| DAVIES, Anthony Eastgate | Director | — | 1999-10-19 |
| DAVIES, Charles Justin | Director | — | 2001-01-25 |
| FAIRBANK, Adrian, Dr | Director | 2017-11-09 | 2023-08-31 |
| GILES, Roy Curtis | Director | — | 2005-07-31 |
| GREEN, Richard Paul | Director | 2007-01-18 | 2010-08-02 |
| HART, Thomas Anthony Alfred | Director | 1995-01-01 | 1997-02-04 |
| HARVEY-BROWNE, Graham Peter | Director | 2007-01-18 | 2012-06-11 |
| HUNTER, Hilary | Director | 2023-01-01 | 2024-01-01 |
| HUTCHINSON, Alexandra Mary Selina | Director | 2016-11-10 | 2024-06-28 |
| INGLES, Trudi | Director | 2020-09-01 | 2023-08-31 |
| JENKINS, Jane Stephanie | Director | 2012-04-26 | 2017-03-16 |
| JOHNSTONE, Barry Gibson | Director | 2000-10-05 | 2009-01-15 |
| JONES, Timothy William | Director | 2014-11-13 | 2025-12-01 |
| LEVENE, Michael Lewis | Director | 2008-06-12 | 2017-03-16 |
| LUNN, Anthony John | Director | 2010-06-28 | 2022-08-31 |
| MANSFIELD, Robert George | Director | 2002-03-05 | 2021-12-31 |
| MCLAREN, John Andrew | Director | 2018-03-15 | 2022-08-31 |
| MILLS, Pippa | Director | 2020-02-14 | 2022-03-02 |
| MONRO, Andrew Hugh | Director | 2004-01-22 | 2022-08-31 |
| OULTON, Claire Marion | Director | 1996-06-04 | 1997-04-04 |
| PATEL, Heather Frances, Doctor | Director | 2004-01-22 | 2022-08-31 |
| PRINCE, David Edward | Director | 1997-10-14 | 1999-08-09 |
| RAI, Inderjit | Director | 2023-11-01 | 2024-09-06 |
| RUMBOLD, Angela Claire Rosemary, Rt Hon Dame | Director | 1999-06-08 | 2010-06-19 |
| SADIGHI, Arash | Director | 2022-09-01 | 2023-10-10 |
| SMALLWOOD, Anne | Director | 1999-02-23 | 2005-10-30 |
| SMITH, George Simon | Director | — | 2005-07-31 |
| SMITH, Mark Anthony | Director | 2018-09-01 | 2020-09-28 |
| STEVENSON, Julia Anne | Director | 2022-09-01 | 2023-08-31 |
| STEWART, Robert Lewis | Director | — | 2011-03-17 |
| TILLER, Daniel | Director | 2026-05-31 | 2026-06-26 |
| TILLER, Daniel James | Director | 2022-09-01 | 2026-05-31 |
| TILLETT, David Rupert | Director | — | 1994-05-09 |
| TOMS, Geoffrey Harvey | Director | 1992-01-30 | 2015-08-31 |
| TONGUE, Christopher Hugh | Director | 1997-10-14 | 2010-04-30 |
| VAN GRONDELLE, Marc, Dr | Director | 2016-06-21 | 2022-10-31 |
| WHITTAKER, John Hartley Edell | Director | — | 1994-08-31 |
| WOLSTENHOLME, Michael Ashmore | Director | 2003-05-14 | 2006-02-10 |
| WOLSTENHOLME, Michael Ashmore | Director | — | 1997-06-17 |
| WOOD, Rosemary Ann | Director | 1995-10-03 | 2016-12-31 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 219 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-12-30 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-26 | TM01 | officers | Termination director company with name termination date | |
| 2026-06-23 | AP01 | officers | Appoint person director company with name date | |
| 2026-06-08 | TM01 | officers | Termination director company with name termination date | |
| 2026-06-07 | AA | accounts | Accounts with accounts type group | |
| 2026-06-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-06-01 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2026-05-29 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-05-26 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-21 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-01 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-05-01 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-12-19 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-08 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-10-08 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-07-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-28 | AA | accounts | Accounts with accounts type group | |
| 2025-05-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-13 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-30 | RESOLUTIONS | resolution | Resolution | |
| 2024-12-19 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 15
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 5
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.