DISCOVERY EDUCATION PLC
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Cash
£20m
+24.9% highest in 3 filed years
Net assets
-£4.6m
+12.3% highest in 3 filed years
Employees
0
Average over period
Profit before tax
£867k
-47.7% first positive since 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £10,396,520 | £9,454,447 | £9,942,202 | +5.2% | |
| Operating profit | £4,065,819 | £3,628,550 | £3,830,603 | +5.6% | |
| Profit before tax | -£3,110,486 | £1,657,646 | £867,101 | -47.7% | |
| Net profit | -£2,332,865 | £1,243,234 | £650,326 | -47.7% | |
| Cash | £15,086,139 | £16,382,213 | £20,466,943 | +24.9% | |
| Total assets less current liabilities | £82,654,730 | £79,783,343 | £77,107,827 | -3.4% | |
| Net assets | -£6,517,007 | -£5,273,773 | -£4,623,447 | +12.3% | |
| Equity | -£6,517,007 | -£5,273,773 | -£4,623,447 | +12.3% | |
| Average employees | 0 | 0 | 0 | — | |
| Wages | — | — | — | — | |
| Directors' remuneration | — | £0 | £0 | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Operating margin | 39.1% | 38.4% | 38.5% | |
| Net margin | -22.4% | 13.1% | 6.5% | |
| Return on capital employed | 4.9% | 4.5% | 5.0% | |
| Gearing (liabilities / total assets) | 106.6% | 105.5% | 104.9% | |
| Current ratio | 6.06x | 5.91x | 5.52x | |
| Interest cover | 0.38x | 0.64x | 0.59x |
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
- Johnston Carmichael LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on these forecasts, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for at least twelve months from the date of approval of the financial statements and continue to meet debt covenants and debt repayments as they fall due.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 24 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| RESOLIS LIMITED | Corporate Secretary | 2022-04-01 | — | — |
| GILLESPIE, Claire | Director | 2026-08-06 | Jul 1979 | British |
| MCGHEE, Steven John | Director | 2023-05-15 | Oct 1983 | British |
| RICHARDSON, Christopher Richard, Mr. | Director | 2026-06-15 | Dec 1978 | British |
| THOMSON, Paul Justin | Director | 2025-03-30 | Aug 1977 | British |
Show 24 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAND, James Taylor | Secretary | 2015-04-09 | 2016-04-01 |
| JOHNSTONE, Peter | Secretary | 2006-12-19 | 2015-04-30 |
| INFRASTRUCTURE MANAGERS LIMITED | Corporate Secretary | 2016-04-01 | 2022-03-31 |
| BOYLE, David Millar | Director | 2006-12-19 | 2010-05-26 |
| BURGE, Richard William Francis | Director | 2015-04-09 | 2019-05-01 |
| CHRISTIE, Rory William | Director | 2019-05-01 | 2023-05-15 |
| CHRISTIE, Rory William | Director | 2013-11-18 | 2014-08-13 |
| COLGAN, Gregory Thomas | Director | 2017-06-19 | 2021-05-10 |
| DORWARD, David Keay | Director | 2007-04-26 | 2009-09-01 |
| EMMOTT, Robert James | Director | 2021-05-10 | 2025-03-30 |
| FLIGHT, Alexander | Director | 2020-07-30 | 2021-05-10 |
| FORDYCE, Alan Peter | Director | 2006-12-19 | 2015-03-18 |
| GORDON, John Stephen | Director | 2023-06-30 | 2024-01-29 |
| GORDON, John Stephen | Director | 2015-11-01 | 2019-05-01 |
| HONEYMAN, David | Director | 2010-05-27 | 2013-10-31 |
| JOHNSTONE, Peter Kenneth | Director | 2024-01-29 | 2026-06-15 |
| JOHNSTONE, Peter Kenneth | Director | 2021-08-23 | 2023-06-30 |
| MCDONAGH, John | Director | 2013-11-11 | 2015-11-01 |
| MCEWAN, Alastair John Angus | Director | 2014-06-02 | 2015-04-30 |
| RICHARDSON, Christopher Richard, Mr. | Director | 2019-05-01 | 2019-05-01 |
| RICHARDSON, Christopher Richard, Mr. | Director | 2019-05-01 | 2021-08-23 |
| ROBERTSON, William George | Director | 2006-12-19 | 2013-09-27 |
| STEWART, Marjory May | Director | 2009-09-01 | 2017-06-19 |
| WOTHERSPOON, Robert John William | Director | 2006-12-19 | 2013-10-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Prudential Trustee Company Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2023-11-20 |
| Discovery Education (Holdings) Limited | Corporate entity | Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 125 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-21 | AA | accounts | Accounts with accounts type full | |
| 2026-08-18 | AP01 | officers | Appoint person director company with name date | |
| 2026-08-03 | CH04 | officers | Change corporate secretary company with change date | |
| 2026-06-18 | TM01 | officers | Termination director company with name termination date | |
| 2026-06-18 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-10 | RP01CS01 | confirmation-statement | Replacement filing of confirmation statement with made up date | |
| 2025-09-19 | AA | accounts | Accounts with accounts type full | |
| 2025-04-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-04 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-24 | AA | accounts | Accounts with accounts type full | |
| 2024-01-29 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-29 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-20 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-08-09 | AA | accounts | Accounts with accounts type full | |
| 2023-06-30 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-30 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-30 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- 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.