Eteach UK Limited
Registered name: ETEACH UK LIMITED
Part of The Eteach Group Limited groupEteach UK Limited made £6.8m revenue and a £614k loss in the year to 31 Oct 2023.
Eteach UK Limited’s revenue fell 6% to £6.8m in the year to 31 Oct 2023, with a loss of £614k and 77 employees. The company is classified under “other activities of employment placement agencies” and is based in Bracknell; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Bracknell, South East
- Age
- 27 yrs · since 1999
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The Eteach Group Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2021 | 31 Oct 2022 | 31 Oct 2023 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £7.6m | £7.2m | £6.8m |
| Cost of sales | £1.9m | £1.9m | £1.4m |
| Gross profit | £5.7m | £5.4m | £5.4m |
| Operating profit | £489k | £64.5k | −£796k |
| Profit before tax | £489k | £66k | −£787k |
| Profit after tax | £477k | £274k | −£614k |
| Profit (best available) | £477k | £274k | −£614k |
| Staff costs | £3m | £3.4m | £3.8m |
| Employees (average) | 74 | 78 | 77 |
| Ratios | |||
| Profit margin | 6.3% | 3.8% | −9% |
| Gross margin | 74.5% | 74.4% | 80.1% |
| Revenue per employee | £103k | £92.9k | £88.3k |
| Profit per employee | £6.4k | £3.5k | −£8k |
| Growth (year on year) | |||
| Revenue growth | — | ▼4.7% | ▼6.1% |
| Profit growth | — | ▼42.6% | ▼324.4% |
| Headcount growth | — | ▲5.4% | ▼1.3% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.7m | £1.6m | £892k |
| Net assets | £2m | £2.2m | £1.6m |
| Fixed assets | £1.1m | £1m | £1.3m |
| Current assets | £4.2m | £4.7m | £4.5m |
| Debtors | £558k | £534k | £490k |
| Deferred income | £2.7m | £2.8m | £3.3m |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2024 |
How the business works
- Profit margin
- −9%
- Profit ÷ revenue.
- Gross margin
- 80.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £88.3k
- Revenue ÷ average employees.
- Profit per employee
- −£8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 19.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 47.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 7.2%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼27%
- Now £1.6m
- Cash at bank
- ▼46%
- Now £892k
- Headcount
- ▼1%
- Now 77
- Deferred income
- ▲14%
- Now £3.3m
- Fixed assets
- ▲32%
- Now £1.3m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- The Eteach Group Limitedultimate parent75–100%
- Eteach UK Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (5)
- Eteach Group Services LimitedRev. £3.9m · Profit £1.4k
- Apply2education LimitedActive - Proposal to Strike offFigures not disclosed
- Education Boutique LtdFigures not disclosed
- Eteach Education Advisers LimitedActive - Proposal to Strike offFigures not disclosed
- Teach in London LimitedActive - Proposal to Strike offFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- Staff
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- PSD LimitedLondon · Other activities of employment placement agencies
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- Swiis (UK) LimitedBristol · Other activities of employment placement agencies
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- Profit
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- Keen Thinking LimitedMitcheldean · Other activities of employment placement agencies
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- Profit
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- So Code LtdMilton Road · Other activities of employment placement agencies
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- £8.5m
- Profit
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- Staff
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Sources
Latest figures from accounts for the year to 31 Oct 2023 (profit −£614k), from the Companies House accounts bulk data published Nov 2024. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.