FINDEL EDUCATION LIMITED
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Next accounts due
2026-06-30 (in 1mo)
Last filed for 2024-03-29
Confirmation statement due
2026-07-07 (in 2mo)
Last made up 2025-06-23
Watchouts
None on the register
Cash
£13M
+118.5% vs 2023
Net assets
£42M
-0.3% vs 2023
Employees
295
+2.8% vs 2023
Profit before tax
£1M
-68.3% vs 2023
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-03-29
| Metric | Trend | 2023-03-31 | 2024-03-29 |
|---|---|---|---|
| Turnover | £115,759,000 | £113,195,000 | |
| Operating profit | £5,457,000 | £1,920,000 | |
| Profit before tax | £4,671,000 | £1,482,000 | |
| Net profit | £2,949,000 | -£135,000 | |
| Cash | £6,037,000 | £13,192,000 | |
| Total assets less current liabilities | £46,862,000 | £47,582,000 | |
| Net assets | £42,612,000 | £42,477,000 | |
| Equity | £42,612,000 | £42,477,000 | |
| Average employees | 287 | 295 | |
| Wages | £16,735,000 | £16,758,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-03-31 | 2024-03-29 |
|---|---|---|---|
| Operating margin | 4.7% | 1.7% | |
| Net margin | 2.5% | -0.1% | |
| Return on capital employed | 11.6% | 4.0% | |
| Current ratio | 2.04x | 2.23x | |
| Interest cover | 6.94x | 4.38x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The parent undertaking, Manutan International S.A., has indicated through a letter of support that it will continue to provide financial and other support to the extent necessary to enable the company to meet its financial obligations for the foreseeable future and specifically for at least 12 months from the date of signature of the financial statements.”
Significant events
- “On 19 March 2024 Manutan International acquired 100% of the issued share capital of West Moorland 220 Limited, at the time the ultimate parent undertaking of Findel Education Limited.”
- “Prior to yearend a sale of the Scandiborn brand (business to consumer) was agreed, this was completed om 24 May 2024.”
- “The corporate restructure costs relate to the sale and purchase of Findel Education Limited from its previous owners Endless LLP to Manutan International S.A.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 34 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BRIAL, Pierre-Olivier | Director | 2024-03-19 | Apr 1973 | French |
| GUICHARD, Xavier Emmanuel | Director | 2024-03-19 | Jan 1973 | French |
| MAHADY, Christopher David | Director | 2011-03-31 | Aug 1967 | British |
| MENARD, Fabienne | Director | 2024-03-19 | May 1975 | French |
| WHITTAKER, Mark | Director | 2018-03-19 | Jul 1967 | British |
Show 34 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ASHCROFT, Mark | Secretary | 2011-12-15 | 2021-04-16 |
| BOLTON, Ivan Joseph, Dr | Secretary | 1997-10-07 | 2011-12-15 |
| HALE, Donald | Secretary | — | 1997-10-07 |
| ASHBY, Martin Philip | Director | 2010-03-01 | 2012-02-29 |
| BOLTON, Ivan Joseph, Dr | Director | 2003-04-01 | 2012-02-29 |
| BURROW, Philip Charles | Director | 2012-02-21 | 2018-03-22 |
| CALDWELL, Stuart Murdoch | Director | 2017-04-06 | 2021-04-16 |
| CARTER, Craig Russell | Director | 2007-04-01 | 2008-12-31 |
| CHAPMAN, Keith | Director | — | 2010-04-01 |
| CLARK, Charles Nigel | Director | 2009-07-24 | 2010-08-13 |
| CRAVEN, Peter Anthony | Director | — | 2000-03-31 |
| DOWNES, Charles Anthony John | Director | 2010-03-01 | 2011-12-31 |
| DUTTON, David Brian | Director | 2005-09-30 | 2007-10-02 |
| FAIRLEY, Neil Duff | Director | 1998-11-11 | 2001-08-31 |
| FINDLAY, Grant Mcdowall | Director | 2003-04-01 | 2005-10-28 |
| HALE, Donald | Director | — | 1997-12-31 |
| HANKIN, James Christopher | Director | 2013-09-06 | 2016-03-31 |
| HILLYER, Anthony Richard | Director | 2011-03-31 | 2014-11-03 |
| HINTON, Christopher David | Director | 2008-07-01 | 2010-08-31 |
| ISHERWOOD, Philip John | Director | 2003-04-01 | 2007-03-31 |
| JOHNSON, David Anthony | Director | — | 2007-07-31 |
| JOLLY, Patrick Edmund | Director | 2006-05-11 | 2009-11-30 |
| JONES, Martin David | Director | 2021-04-16 | 2024-03-19 |
| KOWALSKI, Timothy John | Director | 2010-08-02 | 2017-04-06 |
| MANN, Paul Howard | Director | — | 2001-03-30 |
| MAUDSLEY, Philip Binns | Director | 2005-09-30 | 2021-03-26 |
| OLDROYD, Stephen Paul | Director | 2007-04-01 | 2009-07-31 |
| PALMER, Matthew James | Director | 2010-03-01 | 2011-10-31 |
| ROBBINS, Nicholas Jeffrey | Director | 2011-03-31 | 2013-07-31 |
| SEEKINS, Mark Nicholas | Director | 2003-04-01 | 2004-11-15 |
| SIDDLE, Roger William John | Director | 2010-09-15 | 2015-03-31 |
| SIDDLE, Roger William John | Director | 2010-09-15 | 2012-07-19 |
| SUGDEN, David Arnold | Director | 2015-04-27 | 2017-01-12 |
| WALSH, Samantha Jayne | Director | 2010-03-01 | 2010-10-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| West Moorland 221 Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-04-16 | Active |
| Studio Retail Group Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2021-04-16 |
Filing timeline
Last 20 of 230 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-07-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-04 | AA01 | accounts | Change account reference date company current extended | |
| 2024-12-06 | AA | accounts | Accounts with accounts type full | |
| 2024-07-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-04 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2024-03-27 | MA | incorporation | Memorandum articles | |
| 2024-03-27 | RESOLUTIONS | resolution | Resolution | |
| 2024-03-22 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-03-22 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-03-21 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-21 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-21 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-21 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-18 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-01-05 | AA | accounts | Accounts with accounts type full | |
| 2023-08-01 | CH01 | officers | Change person director company with change date | |
| 2023-07-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-30 | AA | accounts | Accounts with accounts type full | |
| 2022-07-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-03-29 vs 2023-03-31
-
Turnover
-2.2%
£115,759,000 £113,195,000
-
Cash
+118.5%
£6,037,000 £13,192,000
-
Net assets
-0.3%
£42,612,000 £42,477,000
-
Employees
+2.8%
287 295
-
Operating profit
-64.8%
£5,457,000 £1,920,000
-
Profit before tax
-68.3%
£4,671,000 £1,482,000
-
Wages
+0.1%
£16,735,000 £16,758,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers