EDUCATION SUPPORT (SWINDON) LIMITED

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

• Turnover

  +42.3%

  £5,869,000 → £8,351,000

• Cash

  +7.7%

  £6,268,000 → £6,751,000

  highest in 4 filed years

• Net assets

  +26%

  £2,385,000 → £3,005,000

  highest in 4 filed years

• Employees

  —

  Not reported

• Operating profit

  -8.6%

  £430,000 → £393,000

• Profit before tax

  -1.6%

  £983,000 → £967,000

  lowest 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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Johnston Carmichael LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have reviewed the Company's forecasts and projections, taking into account future cash requirements and forecast receipts, which show that the Company can continue to meet its debt covenants and debts as they fall due. ... The Directors therefore, at the time of approving the financial statements, have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “The company has made qualifying third party indemnity provisions for the benefit of its directors during the year. These provisions remain in force at the reporting date.”
• “During the current and prior years service performance deductions were applied by the Authority against the monthly unitary charges otherwise payable by the Authority.”
• “The Company is responsible under the Project Agreement for certain constructionrelated defects identified across the estate. ... Initial estimates indicate that rectification works may be required over several years; however, the scope and timing of the works are still being developed and the associated costs with a range of £3.5m - £5m cannot be measured with sufficient reliability at this stage.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.