RTC EDUCATION LTD
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Next accounts due
2027-04-30 (in 11mo)
Last filed for 2025-07-31
Confirmation statement due
2027-05-06 (in 1y)
Last made up 2026-04-22
Watchouts
None on the register
Cash
£17M
+27.7% highest in 4 filed years
Net assets
£38M
+14.1% highest in 4 filed years
Employees
681
+37.3% highest in 4 filed years
Profit before tax
£6M
+1% vs 2024
Net assets
7-year trend · vs Consumer Discretionary median
Accounts
7-year trend · latest reflected 2025-07-31
| Metric | Trend | 2019-07-31 | 2020-07-31 | 2021-07-31 | 2022-07-31 | 2023-07-31 | 2024-07-31 | 2025-07-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £42,649,149 | £53,995,846 | £58,736,456 | £86,611,670 | |
| Operating profit | — | — | — | £10,088,028 | £9,699,257 | £5,986,240 | £5,876,860 | |
| Profit before tax | — | — | — | £10,100,852 | £9,472,761 | £6,373,868 | £6,434,985 | |
| Net profit | — | — | — | £8,115,232 | £7,411,158 | £4,696,706 | £4,737,616 | |
| Cash | — | — | — | £13,944,079 | £15,530,426 | £13,104,807 | £16,741,177 | |
| Total assets less current liabilities | — | — | — | £32,662,753 | £40,467,938 | £44,166,691 | £46,445,056 | |
| Net assets | — | — | — | £21,012,454 | £28,273,612 | £32,870,318 | £37,507,934 | |
| Equity | £6,016,304 | £6,364,151 | — | £21,012,454 | £28,273,612 | £32,870,318 | £37,507,934 | |
| Average employees | — | — | — | 335 | 441 | 496 | 681 | |
| Wages | — | — | — | £9,870,843 | £15,502,353 | £18,058,912 | £23,631,303 | |
| Directors' remuneration | — | — | — | £532,000 | £1,143,417 | £788,600 | £1,053,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2024 → FY2025 · period ending 2025-07-31 vs 2024-07-31
-
Turnover
+47.5%
£58,736,456 £86,611,670
highest in 4 filed years
-
Cash
+27.7%
£13,104,807 £16,741,177
highest in 4 filed years
-
Net assets
+14.1%
£32,870,318 £37,507,934
highest in 4 filed years
-
Employees
+37.3%
496 681
highest in 4 filed years
-
Operating profit
-1.8%
£5,986,240 £5,876,860
lowest in 4 filed years
-
Profit before tax
+1%
£6,373,868 £6,434,985
-
Wages
+30.9%
£18,058,912 £23,631,303
highest in 4 filed years
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-07-31 | 2020-07-31 | 2021-07-31 | 2022-07-31 | 2023-07-31 | 2024-07-31 | 2025-07-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 23.7% | 18.0% | 10.2% | 6.8% | |
| Net margin | — | — | — | 19.0% | 13.7% | 8.0% | 5.5% | |
| Return on capital employed | — | — | — | 30.9% | 24.0% | 13.6% | 12.7% | |
| Current ratio | — | — | — | — | — | 3.10x | 2.44x | |
| Interest cover | — | — | — | 93.25x | 15.29x | 9.26x | 10.91x |
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
- RTC EDUCATION LTD 2002-06-07 → present
- REGAL FINANCIAL LIMITED 2002-04-23 → 2002-06-07
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Cameron & Associates Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The College has prepared and analysed forecasts. The College upholds the hybrid digital teaching provision of services. Teaching is provided in person and online and is a pivotal cornerstone of its provision. As the College has substantial cash reserves, the Board considers it appropriate to adopt the going concern basis of accounting in preparing these financial statements, having considered a period of at least 12 months from the approval of the financial statements.”
Significant events
- “More than 6,000 students were enrolled at RCL in 2024/25.”
- “RCL was awarded Bronze by the Teaching Excellence Framework (TEF) in 2023.”
- “Total income for the year increased significantly to £87.9m, up 47% from £59.9m in 2024, driven primarily by growth in course fees and education contracts, which rose by over £33.2m year-on-year.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
11 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PANKAYACHELVAN, Tharshiny | Secretary | 2002-04-27 | — | British |
| GARNER, Karen Mary | Director | 2025-03-17 | Apr 1975 | British |
| GRIFFITHS, Teresa Lorraine | Director | 2025-04-15 | Oct 1973 | British |
| HANIF, Aamena Ayub Ahmed | Director | 2025-03-17 | Nov 1988 | British |
| LI, Jun | Director | 2026-02-23 | Apr 1978 | British |
| MAXWORTH, Carol Ann Antoinette | Director | 2024-09-27 | Jan 1989 | British |
| PANKAYACHELVAN, Selvanayagam, Dr | Director | 2002-04-27 | Aug 1970 | British |
| PANKAYACHELVAN, Tharshiny | Director | 2002-04-27 | Mar 1976 | British |
| PHILLIPS, Stephen John | Director | 2024-09-27 | Jul 1971 | British |
| PRABAKARAN, Sithamparapillai | Director | 2020-11-18 | Jun 1963 | British |
| THAMBIRAJAH, Anne Sujana | Director | 2026-02-23 | Aug 1977 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| QA REGISTRARS LIMITED | Corporate Nominee Secretary | 2002-04-23 | 2002-04-23 |
| BLAGDEN, Simon Paul | Director | 2020-08-20 | 2022-06-30 |
| BRAGAGNI, Maurizio | Director | 2020-03-02 | 2024-09-27 |
| HAKIM, Nadey, Dr | Director | 2020-11-10 | 2023-09-22 |
| PATEL, Paras Kunal | Director | 2025-06-02 | 2026-02-13 |
| QA NOMINEES LIMITED | Corporate Nominee Director | 2002-04-23 | 2002-04-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Dr Selvanayagam Pankayachelvan | Individual | Shares 25–50% | 2017-04-22 | Active |
| Mrs. Tharshiny Pankayachelvan | Individual | Shares 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 107 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-05-01 | CH01 | officers | Change person director company with change date | |
| 2026-04-28 | CH01 | officers | Change person director company with change date | |
| 2026-04-28 | CH01 | officers | Change person director company with change date | |
| 2026-04-28 | CH01 | officers | Change person director company with change date | |
| 2026-04-24 | CH01 | officers | Change person director company with change date | |
| 2026-02-24 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-24 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-16 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-30 | AA | accounts | Accounts with accounts type full | |
| 2025-06-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-14 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-05-13 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-05-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-23 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-19 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-31 | AA | accounts | Accounts with accounts type full | |
| 2024-09-27 | CH01 | officers | Change person director company with change date | |
| 2024-09-27 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 14
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 1
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.