NOW EDUCATION GROUP LIMITED
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Next accounts due
2026-05-31 (this month)
Last filed for 2024-08-31
Confirmation statement due
2026-10-01 (in 5mo)
Last made up 2025-09-17
Watchouts
None on the register
Cash
£226K
-52.8% vs 2023
Net assets
£2M
-58.7% vs 2023
Employees
64
+42.2% highest in 5 filed years
Profit before tax
£3M
-13.9% vs 2023
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · latest reflected 2024-08-31
| Metric | Trend | 2020-03-31 | 2020-08-31 | 2021-08-31 | 2022-08-31 | 2023-08-31 | 2024-08-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £28,010,025 | £31,360,670 | |
| Operating profit | — | — | — | — | £3,433,855 | £2,962,344 | |
| Profit before tax | — | — | — | — | £3,153,858 | £2,714,440 | |
| Net profit | — | — | £801,743 | £817,098 | £2,420,231 | £1,981,853 | |
| Cash | — | £100 | £175 | £1,192,127 | £479,111 | £226,208 | |
| Total assets less current liabilities | — | — | — | — | £3,906,712 | £1,583,662 | |
| Net assets | — | £100 | £1,283,530 | — | £3,811,854 | £1,574,372 | |
| Equity | £100 | £100 | £1,283,530 | — | £3,811,854 | £1,574,372 | |
| Average employees | — | 0 | 3 | 3 | 45 | 64 | |
| Wages | — | — | — | £0 | £2,846,809 | £4,065,713 | |
| Directors' remuneration | — | — | — | — | £183,734 | £309,886 |
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
+12%
£28,010,025 £31,360,670
-
Cash
-52.8%
£479,111 £226,208
-
Net assets
-58.7%
£3,811,854 £1,574,372
-
Employees
+42.2%
45 64
highest in 5 filed years
-
Operating profit
-13.7%
£3,433,855 £2,962,344
-
Profit before tax
-13.9%
£3,153,858 £2,714,440
-
Wages
+42.8%
£2,846,809 £4,065,713
highest in 3 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 | 2020-03-31 | 2020-08-31 | 2021-08-31 | 2022-08-31 | 2023-08-31 | 2024-08-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 12.3% | 9.4% | |
| Net margin | — | — | — | — | 8.6% | 6.3% | |
| Return on capital employed | — | — | — | — | 87.9% | 187.1% | |
| Current ratio | — | — | 1.30x | — | 2.43x | 1.83x | |
| Interest cover | — | — | — | — | 114.70x | 43.39x |
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
- Consolidated group
- Auditor
- DJH Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the group has adequate resources to continue in operational existences for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- NOW EDUCATION GROUP LIMITED · parent
- Now Education Birmingham Limited 75%
- Now Education Cardiff Limited 75%
- Now Education East Midlands Limited 75%
- Now Education NWM Limited 85%
- Now Education South East Limited 95%
- Now Education Liverpool Limited 100%
- Now Education Leeds Limited 75%
- Now Education Lincoln Limited 85%
- Now Education Limited 100%
Significant events
- “The Board have taken the decision in the year to close down our London location and focus on the remaining six locations we have across England and Wales.”
- “The drop in shareholder funds represents a recalibration of the balance sheet following the management buyout in December 2023.”
- “During the year, the Group incurred acquisition-related costs of £168,582 and wrote off a third-party loan of £16,000 (2023: £250,060). The total exceptional charge recognised in the consolidated profit and loss account for the year amounts to £184,582.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WESTWORTH, Emma Jayne | Secretary | 2022-07-26 | — | — |
| GALLIER, Lee Gary | Director | 2020-09-01 | Feb 1981 | British |
| WESTWORTH, Alexander Stuart | Director | 2019-09-18 | Feb 1980 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| REDMAN, Lisa Bernadette | Secretary | 2022-07-26 | 2023-12-19 |
| REDMAN, Gary Stephen | Director | 2020-09-01 | 2023-12-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Now Education Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-12-19 | Active |
| Gary Stephen Redman | Individual | Shares 50–75%, Voting 50–75%, Appoints directors | 2020-09-01 | Ceased 2023-12-19 |
| Mr Alexander Stuart Westworth | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-09-18 | Ceased 2020-09-01 |
Filing timeline
Last 20 of 53 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-01-12 RESOLUTIONS Resolution
- 2024-01-12 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-05 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-05-30 | AA | accounts | Accounts with accounts type group | |
| 2025-01-23 | MR05 | mortgage | Mortgage charge part both with charge number | |
| 2025-01-23 | MR05 | mortgage | Mortgage charge part both with charge number | |
| 2025-01-23 | MR05 | mortgage | Mortgage charge part both with charge number | |
| 2025-01-23 | MR05 | mortgage | Mortgage charge part both with charge number | |
| 2025-01-23 | MR05 | mortgage | Mortgage charge part both with charge number | |
| 2024-09-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-08-01 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-08-01 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-06-28 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-05-17 | AA | accounts | Accounts with accounts type group | |
| 2024-04-16 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-01-12 | RESOLUTIONS | resolution | Resolution | |
| 2024-01-12 | SH08 | capital | Capital name of class of shares | |
| 2024-01-12 | SH10 | capital | Capital variation of rights attached to shares | |
| 2024-01-12 | MA | incorporation | Memorandum articles | |
| 2023-12-28 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-12-28 | PSC02 | persons-with-significant-control | Notification of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.