RM EDUCATION LTD
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Next accounts due
2026-08-31 (in 3mo)
Last filed for 2024-11-30
Confirmation statement due
2027-02-07 (in 9mo)
Last made up 2026-01-24
Watchouts
None on the register
Cash
£708K
-88.7% vs 2023
Net assets
£82M
+0.3% vs 2023
Employees
555
-5.3% vs 2023
Profit before tax
-£804K
-103.4% vs 2023
Name history
Renamed 4 times since incorporation
- RM EDUCATION LTD 2012-11-05 → present
- RM EDUCATION PLC 2007-01-08 → 2012-11-05
- RESEARCH MACHINES PLC 1994-11-25 → 2007-01-08
- RESEARCH MACHINES (FINANCE) LIMITED 1984-03-01 → 1994-11-25
- RESEARCH MACHINES LIMITED 1973-11-30 → 1984-03-01
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · latest reflected 2024-11-30
| Metric | Trend | 2023-11-30 | 2024-11-30 |
|---|---|---|---|
| Turnover | £95,696,000 | £89,978,000 | |
| Operating profit | £18,452,000 | -£9,028,000 | |
| Profit before tax | £23,517,000 | -£804,000 | |
| Net profit | £32,386,000 | -£3,314,000 | |
| Cash | £6,253,000 | £708,000 | |
| Total assets less current liabilities | £88,029,000 | £90,450,000 | |
| Net assets | £82,010,000 | £82,245,000 | |
| Equity | £82,010,000 | £82,245,000 | |
| Average employees | 586 | 555 | |
| Wages | £43,116,000 | £44,550,000 |
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 | 2023-11-30 | 2024-11-30 |
|---|---|---|---|
| Operating margin | 19.3% | -10.0% | |
| Net margin | 33.8% | -3.7% | |
| Return on capital employed | 21.0% | -10.0% | |
| Gearing (liabilities / total assets) | 32.5% | 34.7% | |
| Current ratio | 0.86x | 0.50x | |
| Interest cover | 20.55x | -18.28x |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Financial Statements have been prepared on a going concern basis. The Directors have received a letter of support from RM plc indicating that it intends to continue to make financing available for the Company and has no intention to liquidate the Company. The Company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the going concern period assessed to 30 November 2026.”
Group structure
- RM EDUCATION LTD · parent
- RM Education Solutions India Private Limited 100%
Significant events
- “RM Assessment secured contracts with two highly strategic customers, International Baccalaureate and Cambridge University Press & Assessment.”
- “The contracted order book of RM Assessment more than doubled to £95.7m at 30 November 2024 (30 November 2023: £40.8m).”
- “The Group reduced its carbon emissions by 72% over the prior year.”
- “In March 2025, the Group's lenders approved changes to the covenants that applied to the Group's revolving credit facility.”
- “On 23 June 2025 the Group's lenders approved an extension and amendment to the Group's revolving credit facility, which will now run to 6 July 2027.”
- “During the year ended 30 November 2025 the Company sold IPv4 addresses for a total consideration of $1.7m.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 41 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FATTAL, Daniel | Secretary | 2024-06-03 | — | — |
| COOK, Mark | Director | 2023-03-20 | Aug 1960 | British |
| GOODWIN, Simon Michael | Director | 2023-09-08 | Sep 1977 | British |
Show 41 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BROWN, Robin | Secretary | — | 1993-11-26 |
| DAVIDSON-SHRINE, Gregory | Secretary | 2012-06-11 | 2019-10-01 |
| GREIG, Michael David | Secretary | 1993-11-27 | 1995-02-28 |
| HEMMING, Vivienne Ruth | Secretary | 1995-03-01 | 1999-09-30 |
| MEYER, Caroline Anne Winstone | Secretary | — | 1992-10-27 |
| ROBSON, Andrew John | Secretary | 1999-09-30 | 2012-06-11 |
| BASKERVILLE, John Anthony | Director | 2018-12-01 | 2025-01-17 |
| BERRY, Mark Ian James | Director | 2021-06-01 | 2022-08-15 |
| BROOKS, David John | Director | 2010-09-27 | 2021-04-01 |
| COOPER, Jeremy Mark | Director | 2019-10-01 | 2020-01-16 |
| DAVIDSON-SHRINE, Gregory | Director | 2012-10-17 | 2019-10-01 |
| DEAKIN, Philip James | Director | 2012-10-17 | 2014-02-27 |
| DEWART, Graeme Neil | Director | 1997-10-21 | 2010-10-01 |
| DODD, Emma | Director | 2019-10-01 | 2022-01-28 |
| FISCHER, Michael David | Director | — | 1997-12-31 |
| FLETCHER, Paul Thomas | Director | 2010-10-13 | 2014-04-30 |
| GIRLING, Richard Arthur Graham | Director | 1994-10-01 | 2002-05-27 |
| GOVAN, John Russell Mcqueen | Director | 1994-10-01 | 2012-01-31 |
| GREIG, Michael David | Director | — | 2010-02-25 |
| HOLLAND, Tobias | Director | 1994-10-01 | 1996-01-19 |
| INGRAM, John Paul | Director | 2014-02-26 | 2016-12-31 |
| LAGLER, Mark Jozsef | Director | 2019-10-01 | 2022-12-23 |
| LOUIS, Monique | Director | 2019-10-01 | 2019-10-01 |
| MARTIN, Neil Thomas George | Director | 2015-09-28 | 2023-03-20 |
| MCINTOSH, Iain Peter | Director | 2010-02-25 | 2015-09-28 |
| MOATES, Lynn | Director | 1998-06-01 | 2002-04-19 |
| NETHERTON, John Richard | Director | 1994-10-01 | 2001-03-21 |
| O REGAN, Michael Rowan Hamilton John | Director | — | 1994-09-30 |
| PEARSON, Timothy Robert | Director | 1996-05-08 | 2008-09-30 |
| PERKIN, Paul | Director | 1994-10-01 | 1997-01-01 |
| POWELL, Russell James | Director | 2012-10-17 | 2018-11-30 |
| SHERWOOD, Angela Michelle | Director | 2014-02-26 | 2019-10-01 |
| SIRS, Robin Adrian | Director | 1997-10-21 | 2012-01-31 |
| SPENCE, Keith Archibald | Director | 1994-10-01 | 1997-10-31 |
| SWEENEY, Terence | Director | 2008-06-09 | 2011-10-24 |
| TODD, Ian Rennie | Director | 1998-06-01 | 2012-01-31 |
| TOMLINSON, Jason Edward | Director | 2022-04-28 | 2025-05-27 |
| TWIBELL, Rodney John | Director | 1996-05-20 | 2000-02-29 |
| WALTER, Emmanuel Francois | Director | 2022-08-15 | 2023-09-08 |
| WARWICK, Edward John Roger | Director | 2012-10-17 | 2015-12-22 |
| WYMAN, Paul Dennis | Director | 1996-11-18 | 1998-10-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Rm Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 251 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-04-15 MA Memorandum articles
- 2023-04-15 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-23 | AA | accounts | Accounts with accounts type full | |
| 2025-06-25 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-06-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-21 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-22 | AAMD | accounts | Accounts amended with accounts type full | |
| 2024-07-05 | AA | accounts | Accounts with accounts type full | |
| 2024-06-03 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-01-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-21 | AA | accounts | Accounts with accounts type full | |
| 2023-09-12 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-12 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-04-15 | MA | incorporation | Memorandum articles | |
| 2023-04-15 | RESOLUTIONS | resolution | Resolution | |
| 2023-04-03 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-03-20 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-20 | AP01 | officers | Appoint person director company with name date | |
| 2023-01-27 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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 2024-11-30 vs 2023-11-30
-
Turnover
-6%
£95,696,000 £89,978,000
-
Cash
-88.7%
£6,253,000 £708,000
-
Net assets
+0.3%
£82,010,000 £82,245,000
-
Employees
-5.3%
586 555
-
Operating profit
-148.9%
£18,452,000 -£9,028,000
-
Profit before tax
-103.4%
£23,517,000 -£804,000
-
Wages
+3.3%
£43,116,000 £44,550,000
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