IPSWICH EDUCATION LIMITED
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Next accounts due
2026-05-30 (this month)
Last filed for 2024-08-31
Confirmation statement due
2027-01-04 (in 8mo)
Last made up 2025-12-21
Watchouts
None on the register
Cash
£863K
+43% vs 2023
Net assets
-£11M
-15.6% vs 2023
Employees
148
+15.6% vs 2023
Profit before tax
-£1M
+35.9% vs 2023
Net assets
7-year trend · vs Consumer Discretionary median
Accounts
7-year trend · latest reflected 2024-08-31
| Metric | Trend | 2018-08-31 | 2019-08-31 | 2020-08-31 | 2021-08-31 | 2022-08-31 | 2023-08-31 | 2024-08-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £7,339,700 | £8,911,545 | |
| Operating profit | — | — | — | — | — | -£1,254,680 | -£542,420 | |
| Profit before tax | — | — | — | — | — | -£1,944,891 | -£1,247,544 | |
| Net profit | — | — | — | — | — | -£1,944,891 | -£1,247,544 | |
| Cash | — | — | — | — | — | £603,048 | £862,658 | |
| Total assets less current liabilities | — | — | — | — | — | -£9,704,992 | -£11,219,616 | |
| Net assets | — | — | — | — | — | -£9,704,992 | -£11,219,616 | |
| Equity | -£515,414 | -£2,695,478 | -£3,881,993 | -£5,888,010 | -£7,760,101 | -£9,972,072 | -£11,219,616 | |
| Average employees | — | — | — | — | — | 128 | 148 | |
| Wages | — | — | — | — | — | £3,542,689 | £3,972,476 | |
| Directors' remuneration | — | — | — | — | — | — | £20,000 |
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
FY2023 → FY2024 · period ending 2024-08-31 vs 2023-08-31
-
Turnover
+21.4%
£7,339,700 £8,911,545
-
Cash
+43%
£603,048 £862,658
-
Net assets
-15.6%
-£9,704,992 -£11,219,616
-
Employees
+15.6%
128 148
-
Operating profit
+56.8%
-£1,254,680 -£542,420
-
Profit before tax
+35.9%
-£1,944,891 -£1,247,544
-
Wages
+12.1%
£3,542,689 £3,972,476
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 | 2018-08-31 | 2019-08-31 | 2020-08-31 | 2021-08-31 | 2022-08-31 | 2023-08-31 | 2024-08-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | -17.1% | -6.1% | |
| Net margin | — | — | — | — | — | -26.5% | -14.0% | |
| Return on capital employed | — | — | — | — | — | 12.9% | 4.8% | |
| Current ratio | — | — | — | — | — | 0.06x | 0.05x | |
| Interest cover | — | — | — | — | — | -1.82x | -0.77x |
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
- IPSWICH EDUCATION LIMITED 2017-09-01 → present
- IPSWICH EDUCATIONAL LIMITED 2017-07-20 → 2017-09-01
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Wem & Co
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In accordance with the Financial Reporting Council's 'Going Concern and Liquidity Risk: Guidance for Directors of UK Companies', the directors of all companies are now required to provide disclosures regarding the adoption of the going concern basis of accounting. As anticipated at the time of re-structuring, the company continued to makes losses in the financial year to 31 August 2024. The company is expected to return to profits over the following two to three years. The shareholders have agreed to provide financial support for the foreseeable future. For these reasons, the directors consider it appropriate to prepare accounts on going concern basis.”
Significant events
- “The outlook for the current academic year (2024/25) is positive with growth in student numbers to an average of 572 (vs 544 in 2023/24) and lettings income returning to almost pre-pandemic levels. Efficiencies have been identified in expenditure and progress is being made in this area. The directors are closely monitoring the expected losses and have confidence of financial improvement and a more robust financial position in the 2023/24 academic results.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LIN, Xuyan | Director | 2020-01-22 | Feb 1972 | Chinese |
| PIGRAM, Kimberley Elizabeth | Director | 2022-09-01 | Jul 1981 | British |
| SMITH, Jamie Alexander | Director | 2022-09-01 | Oct 1973 | British |
| WANG, Jing | Director | 2020-01-22 | Apr 1977 | Chinese |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BLYTH, Henry Stewart | Director | 2020-02-12 | 2020-09-21 |
| BREWER, Michael | Director | 2020-09-21 | 2022-08-31 |
| GORDON, James Douglas Strachan | Director | 2017-07-20 | 2017-08-21 |
| HAN, Liwei | Director | 2021-02-05 | 2024-08-31 |
| HAN, Liwei | Director | 2019-07-09 | 2020-01-22 |
| NEWTON, Paul Marcus | Director | 2017-08-21 | 2020-01-22 |
| PIGRAM, Kimberley Elizabeth | Director | 2022-09-01 | 2022-09-01 |
| TASKER, Robert Stuart | Director | 2021-01-20 | 2022-08-31 |
| TOMMIS, Stephen David, Dr | Director | 2018-09-18 | 2019-10-30 |
| WANG, Sijia | Director | 2017-09-01 | 2020-01-22 |
| YIN, Jie | Director | 2017-12-07 | 2020-01-22 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ms Xuyan Lin | Individual | Voting 75–100% | 2020-01-22 | Active |
| Mr Chaiyakorn Yingsaeree | Individual | Voting 75–100% | 2017-09-12 | Ceased 2020-01-22 |
| Ipswich Educational Holding Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2017-09-12 | Ceased 2017-09-12 |
| Mr Paul Marcus Newton | Individual | Shares 75–100%, Voting 75–100% | 2017-08-21 | Ceased 2017-09-12 |
| Jamesd Douglas Strachan Gordon | Individual | Shares 75–100%, ownership-of-shares-75-to-100-percent-as-firm | 2017-07-20 | Ceased 2017-08-21 |
Filing timeline
Last 20 of 65 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-03-17 | AA | accounts | Accounts with accounts type full | |
| 2025-01-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-15 | AA | accounts | Accounts with accounts type full | |
| 2024-01-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-08-31 | AA | accounts | Accounts with accounts type full | |
| 2022-12-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-02 | AP01 | officers | Appoint person director company with name date | |
| 2022-09-02 | TM01 | officers | Termination director company with name termination date | |
| 2022-09-02 | AP01 | officers | Appoint person director company with name date | |
| 2022-09-02 | AP01 | officers | Appoint person director company with name date | |
| 2022-08-31 | TM01 | officers | Termination director company with name termination date | |
| 2022-08-31 | TM01 | officers | Termination director company with name termination date | |
| 2022-08-25 | AA | accounts | Accounts with accounts type full | |
| 2022-01-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-20 | AA | accounts | Accounts with accounts type full | |
| 2021-05-27 | AA01 | accounts | Change account reference date company previous shortened | |
| 2021-02-05 | AP01 | officers | Appoint person director company with name date | |
| 2021-01-27 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.