Elgin Education (Forfar & Carnoustie) Limited
Registered name: ELGIN EDUCATION (FORFAR & CARNOUSTIE) LIMITED
Part of Royal London Mutual Insurance Society,limited(The) groupElgin Education (Forfar & Carnoustie) Limited made £3.9m revenue and £283k profit in the year to 31 Mar 2026. read from filing text
Elgin Education (Forfar & Carnoustie) Limited’s revenue grew 2% to £3.9m in the year to 31 Mar 2026, with £283k profit and 0 employees. The company is classified under “other business support service activities” and is based in Edinburgh; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Edinburgh, Scotland
- Age
- 20 yrs · since 2006
- 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 immediate parent undertaking is Elgin Education (Forfar & Carnoustie) Holdings Limited, a company incorporated in Scotland. The accounts of Elgin Education (Forfar & Carnoustie) Holdings Limited c”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||||
| Revenue (turnover) | £3.3m | £3.5m | £3.9m | £3.9m | £3.9m |
| Cost of sales | £2.2m | £2.4m | £2.8m | £2.7m | £2.8m |
| Gross profit | £1m | £1m | £1.1m | £1.1m | £1.2m |
| Operating profit | £677k | £700k | £667k | £679k | £722k |
| Profit before tax | £133k | £102k | £227k | £170k | £382k |
| Profit after tax | £32.9k | £125k | £170k | £128k | £283k |
| Profit (best available) | £32.9k | £125k | £170k | £128k | £283k |
| Employees (average) | — | 0 | 0 | 0 | 0 |
| Ratios | |||||
| Profit margin | 1% | 3.6% | 4.3% | 3.3% | 7.2% |
| Gross margin | 31.5% | 29.2% | 27.8% | 29% | 29.5% |
| Growth (year on year) | |||||
| Revenue growth | — | ▲6.1% | ▲13.5% | ▼1.3% | ▲1.5% |
| Profit growth | — | ▲281.5% | ▲35.5% | ▼24.8% | ▲121.4% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £4m | £4.2m | £4m | £3.2m | £2.8m |
| Net assets | −£5.7m | −£1.5m | −£984k | £45.8k | £147k |
| Current assets | £42.5m | £39.8m | £38m | £35m | £32.5m |
| Debtors | £647k | £674k | £735k | £742k | £755k |
| Deferred income | £2.3m | £2.1m | £2.1m | £1.5m | £718k |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 7.2%
- Profit ÷ revenue.
- Gross margin
- 29.5%
- 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
- 18.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 19.2%
- 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
- ▲220%
- Now £147k
- Cash at bank
- ▼14%
- Now £2.8m
- Headcount
- —
- Now 0
- Deferred income
- ▼52%
- Now £718k
- Fixed assets
- —
- Now —
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
- Royal London Mutual Insurance Society,limited(The)ultimate parent75–100%
- Royal London Asset Management Holdings Limited75–100%
- Dalmore GP Holdings Limited75–100%
- Dalmore Capital 2 GP Limited75–100%
- Dalmore Capital (Issuer 1) Limited75–100%
- Iowa Debtco Limited75–100%
- Dalmore Capital (Para 1) Limited75–100%
- Cobalt Project Investments Limited50–75%
- Elgin Infrastructure Limited75–100%
- Elgin Education (Forfar & Carnoustie) Holdings Limited75–100%
- Elgin Education (Forfar & Carnoustie) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £283k), from the Companies House accounts bulk data published Sep 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.