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Company No. 03841479 · Incorporated 14 Sep 1999

Eteach UK Limited

Registered name: ETEACH UK LIMITED

Part of The Eteach Group Limited group

Eteach 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”

Latest accounts · year to 31 Oct 2023

Key figures

Revenue
£6.8m
Growth ▼6.1%
Profit
−£614k
Growth ▼324.4%
Profit margin
−9%
Gross 80.1%
Employees
77
Change ▼1.3%
Profit / employee
−£8k
Revenue/employee £88.3k
Profitable streak
0yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Oct 202131 Oct 202231 Oct 2023
DisclosureFull P&LFull P&LFull 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)747877
Ratios
Profit margin6.3%3.8%−9%
Gross margin74.5%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
SourceAccounts · bulk data Nov 2023Accounts · bulk data Nov 2023Accounts · bulk data Nov 2024
Derived from the latest filing

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.
Indirect — not revenue

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.

Corporate ownership

Group structure

Ownership chain

  1. The Eteach Group Limitedultimate parent75–100%
  2. Eteach UK Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (5)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

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.