How much does The Education Mutual Limited make?

The Education Mutual Limited reported revenue of £21.4m and a loss of £5.4k in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does The Education Mutual Limited have?

The Education Mutual Limited reported an average of 0 employees in the year to 31 Dec 2023.

Is The Education Mutual Limited profitable?

No — The Education Mutual Limited reported a loss of £5.4k in the year to 31 Dec 2023.

Company No. 11446659 · Incorporated 3 Jul 2018

The Education Mutual Limited

Registered name: THE EDUCATION MUTUAL LIMITED

The Education Mutual Limited made £21.4m revenue and a £5.4k loss in the year to 31 Dec 2023.

The Education Mutual Limited’s revenue grew 32% to £21.4m in the year to 31 Dec 2023, with a loss of £5.4k and 0 employees. The company is classified under “educational support services” and is based in Mansfield; we hold 2 years of its filed accounts.

Full P&L filedSection P · EducationSIC 85600Educational support services

Status: Active
Location: Mansfield, East Midlands
Age: 8 yrs · since 2018
Type: PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)

Non-profit. It is limited by guarantee (typically an association, club or management company), so it isn't run for profit. It is excluded from our opportunity lists.

Latest accounts · year to 31 Dec 2023

Key figures

IndependentSmall teamCash flow filed

Revenue

£21.4m

Growth ▲31.8%

Profit

−£5.4k

Growth —

Profit margin

Gross 0.7%

Employees

Change —

Profit / employee

—

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£16.2m	£21.4m
Cost of sales	£16.3m	£21.3m
Gross profit	−£18.6k	£144k
Operating profit	−£275k	−£266k
Profit before tax	−£249k	£74.8k
Profit after tax	−£254k	−£5.4k
Profit (best available)	−£254k	−£5.4k
Employees (average)	0	0
Ratios
Profit margin	−1.6%	0%
Gross margin	−0.1%	0.7%
Growth (year on year)
Revenue growth	—	▲31.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£8.1m	£10.4m
Net assets	£6.5k	£1.1k
Current assets	£10.5m	£13.3m
Debtors	£586k	£512k
Deferred income	£1.4m	£2.7m
Cash from operations	−£2.1m	−£2m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: 0%; Profit ÷ revenue.
Gross margin: 0.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; 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: 12.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 2.4%; 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: ▼83%; Now £1.1k
Cash at bank: ▲29%; Now £10.4m
Headcount: —; Now 0
Deferred income: ▲92%; Now £2.7m
Fixed assets: —; Now —

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

Subsidiaries (2)

Education Mutual Services LtdFigures not disclosed
Schools Mutual Services LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£5.4k), from the Companies House accounts bulk data published Sep 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.