Elizabeth School of London Limited
Registered name: ELIZABETH SCHOOL OF LONDON LIMITED
Part of Pen Group Holdings Limited groupElizabeth School of London Limited made £103m revenue and £9.2m profit in the year to 31 Aug 2025.
Elizabeth School of London Limited’s revenue grew 38% to £103m in the year to 31 Aug 2025, with £9.2m profit and 746 employees. The company is classified under “first-degree level higher education” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 12 yrs · since 2014
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2022 | 31 Aug 2023 | 31 Aug 2024 | 31 Aug 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £13m | £32.6m | £74.9m | £103m |
| Cost of sales | £1.8m | £13m | £28.1m | £34.5m |
| Gross profit | £11.2m | £19.6m | £46.9m | £68.8m |
| Operating profit | £5.1m | £6m | £16.4m | £13.1m |
| Profit before tax | £5.1m | £5.9m | £15.9m | £12.3m |
| Profit after tax | £4m | £4.7m | £11.8m | £9.2m |
| Profit (best available) | £4m | £4.7m | £11.8m | £9.2m |
| Staff costs | £3.6m | £5m | £12.9m | £25.3m |
| Employees (average) | 115 | 159 | 434 | 746 |
| Ratios | ||||
| Profit margin | 30.8% | 14.3% | 15.8% | 8.9% |
| Gross margin | 85.9% | 60.2% | 62.5% | 66.6% |
| Revenue per employee | £113k | £205k | £173k | £138k |
| Profit per employee | £34.9k | £29.3k | £27.3k | £12.3k |
| Cash conversion | −84.5% | −28.4% | −200.3% | −146% |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲37.9% |
| Profit growth | — | — | — | ▼22.8% |
| Headcount growth | — | — | — | ▲71.9% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £7.5m | £2.6m | £5.1m | £14.8m |
| Net assets | £7.8m | £12.3m | £1.1m | £5.3m |
| Fixed assets | £7.5m | £11.5m | £21.8m | £24m |
| Current assets | £9.1m | £22.1m | £25m | £33.5m |
| Debtors | £762k | £106k | £602k | £353k |
| Deferred income | £460k | £5.4m | £4.2m | — |
| Cash from operations | −£4.3m | −£1.7m | −£32.8m | −£19.1m |
| Source | Accounts · bulk data May 2024 | Accounts · bulk data May 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 8.9%
- Profit ÷ revenue.
- Gross margin
- 66.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £138k
- Revenue ÷ average employees.
- Profit per employee
- £12.3k
- Profit ÷ average employees.
- Cash conversion
- −146%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 23.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.3%
- 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
- ▲376%
- Now £5.3m
- Cash at bank
- ▲189%
- Now £14.8m
- Headcount
- ▲72%
- Now 746
- Deferred income
- —
- Now —
- Fixed assets
- ▲10%
- Now £24m
Group structure
Ownership chain
- Pen Group Holdings Limitedultimate parent75–100%
- Planet Education Networks Ltd75–100%
- Elizabeth School of London Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (4)
- Zenith Academy of Healthcare Studies LtdRev. £13.5m · Profit £2.6m
- William College LtdRev. £6.3m · Profit £786k
- London Professional College LtdRev. £1.4m · Profit £141k
- Victoria College of Arts and Design LimitedRev. £865k · Profit £883k
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Aug 2025 (profit £9.2m), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.
Updated from Companies House on 14 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.