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Company No. 06245004 · Incorporated 11 May 2007

Kaplan Open Learning Limited

Registered name: KAPLAN OPEN LEARNING LIMITED

Part of Graham Holdings Company group

Kaplan Open Learning Limited made £31.4m revenue and £5.1m profit in the year to 31 Dec 2025.

Kaplan Open Learning Limited’s revenue grew 19% to £31.4m in the year to 31 Dec 2025, with £5.1m profit and 208 employees. The company is classified under “first-degree level higher education” and is based in London; we hold 3 years of its filed accounts.

Status
Active
Location
London, London
Age
19 yrs · since 2007
Type
Private Limited Company

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.

Latest accounts · year to 31 Dec 2025

Key figures

Operating leverage
Revenue
£31.4m
Growth ▲19.3%
Profit
£5.1m
Growth ▲56.5%
Profit margin
16.2%
Gross 68.7%
Employees
208
Change ▲5.1%
Profit / employee
£24.5k
Revenue/employee £151k
Profitable streak
3yrs
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 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£22.8m£26.3m£31.4m
Cost of sales−£7.6m−£8.7m−£9.8m
Gross profit£15.2m£17.6m£21.6m
Operating profit£3m£4.3m£6.5m
Profit before tax£3m£4.3m£6.8m
Profit after tax£2.1m£3.3m£5.1m
Profit (best available)£2.1m£3.3m£5.1m
Employees (average)188198208
Ratios
Profit margin9.1%12.3%16.2%
Gross margin66.8%67%68.7%
Revenue per employee£121k£133k£151k
Profit per employee£11.1k£16.4k£24.5k
Growth (year on year)
Revenue growth—▲15.5%▲19.3%
Profit growth—▲56.2%▲56.5%
Headcount growth—▲5.3%▲5.1%
Balance sheet — indirect signals, not revenue
Net assets———
SourceAccounts · bulk data Jun 2025Accounts · bulk data Jun 2025Accounts · bulk data Jun 2026
Derived from the latest filing

How the business works

Profit margin
16.2%
Profit ÷ revenue.
Gross margin
68.7%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£151k
Revenue ÷ average employees.
Profit per employee
£24.5k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
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
—
Now —
Cash at bank
—
Now —
Headcount
▲5%
Now 208
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Graham Holdings Company (registered outside the UK register)ultimate parent75–100%
  2. Kaplan U.K. Limited75–100%
  3. Kaplan International Holdings Limited75–100%
  4. Kaplan Open Learning Limitedthis company

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

Subsidiaries (1)

Sister companies (13)

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

Sources

Latest figures from accounts for the year to 31 Dec 2025 (profit £5.1m), from the Companies House accounts bulk data published Jun 2026. 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.