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Next accounts due

2027-02-28 (in 9mo)

Last filed for 2025-05-31

Confirmation statement due

2027-01-04 (in 8mo)

Last made up 2025-12-21

Watchouts

None on the register

Cash

£4M

Latest balance sheet

Net assets

£24M

highest in 4 filed years

Employees

160

highest in 4 filed years

Profit before tax

£16M

Period ending 2025-05-31

Accounts

7-year trend · latest reflected 2025-05-31

Metric Trend 2019-07-312020-07-312021-07-312022-07-312023-07-312024-05-312025-05-31
Turnover £25,360,932£54,183,701
Operating profit £3,506,121£15,853,684
Profit before tax £3,500,405£15,821,357
Net profit £460,291£3,500,405£11,897,692
Cash £1,435,045£278£8,179,531£4,434,505
Total assets less current liabilities £3,225,476£3,892,449£12,365,860£24,265,127
Net assets £3,892,449£12,207,659£24,105,351
Equity £2,765,185£3,225,476£3,892,449£12,207,659£24,105,351
Average employees 2216109160
Wages
Directors' remuneration

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 2025-05-31 vs 2024-05-31

Year-on-year comparison hidden: this filing covers about 12 months versus 10 months prior.

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2019-07-312020-07-312021-07-312022-07-312023-07-312024-05-312025-05-31
Operating margin 13.8%29.3%
Net margin 13.8%22.0%
Return on capital employed 28.4%65.3%
Current ratio 1.36x1.18x
Interest cover 613.39x490.42x

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.

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Moore Kingston Smith LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The financial statements have been prepared on a going concern basis which the Directors believe to be appropriate for the following reason. In addition to its own cash resources the company has access to additional funding from its parent company under a support letter. Global University Systems Holding B.V. has agreed to continue to provide financial and other support to the company for the foreseeable future as required to enable it to continue to trade.”

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

People

3 active · 9 resigned

Name Role Appointed Born Nationality
KISILEVSKY, Valery Secretary 2011-12-22
ARBEL, Boaz, Mr. Director 2024-09-02 Jul 1976 German
GROYSMAN, Evgene Director 2024-06-20 May 1985 Canadian
Show 9 resigned officers
Name Role Appointed Resigned
IRWIN MITCHELL SECRETARIES LIMITED Corporate Secretary 2017-03-02 2021-03-19
COX, Rebecca Suzanne Director 2019-12-10 2020-10-30
ETINGEN, Arkady Director 2011-12-22 2019-12-10
LEJUNE, Amy Nicole Director 2020-10-29 2024-06-20
WEHLAU, Olesya Director 2023-10-26 2023-11-11
WEHLAU, Olesya Director 2023-10-12 2023-10-21
WEHLAU, Olesya Director 2023-09-08 2023-09-15
WEHLAU, Olesya Director 2023-07-19 2023-07-28
WEHLAU, Olesya Director 2022-11-14 2022-11-28

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Lake International Ltd Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2025-09-30 Active
Global University Systems B.V. Corporate entity Shares 75–100% 2017-04-03 Ceased 2017-04-03
Mr Arkady Etingen Individual Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Ceased 2017-04-03

Filing timeline

Last 20 of 89 total filings

Date Type Category Description
2026-02-24 AA accounts Accounts with accounts type full PDF
2026-01-02 CS01 confirmation-statement Confirmation statement with updates PDF
2025-10-16 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2025-10-16 PSC09 persons-with-significant-control Withdrawal of a person with significant control statement PDF
2025-05-12 AA accounts Accounts with accounts type full PDF
2025-01-02 AA01 accounts Change account reference date company previous shortened PDF
2025-01-02 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-11-27 DISS40 gazette Gazette filings brought up to date
2024-11-26 AA accounts Accounts with accounts type small PDF
2024-11-05 GAZ1 gazette Gazette notice compulsory
2024-09-10 AP01 officers Appoint person director company with name date PDF
2024-06-20 TM01 officers Termination director company with name termination date PDF
2024-06-20 AP01 officers Appoint person director company with name date PDF
2023-12-22 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-12-20 AA accounts Accounts with accounts type small PDF
2023-11-14 TM01 officers Termination director company with name termination date PDF
2023-10-27 AP01 officers Appoint person director company with name date PDF
2023-10-24 TM01 officers Termination director company with name termination date PDF
2023-10-19 AP01 officers Appoint person director company with name date PDF
2023-09-15 TM01 officers Termination director company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
5

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.

Official Companies House page