INDEPENDENT EDUCATIONAL ASSOCIATION LIMITED(THE)
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Next accounts due
2026-05-31 (this month)
Last filed for 2024-08-31
Confirmation statement due
2027-03-10 (in 10mo)
Last made up 2026-02-24
Watchouts
None on the register
Cash
£11M
+65.1% vs 2023
Net assets
£29M
+4.6% vs 2023
Employees
186
-1.1% vs 2023
Profit before tax
—
Period ending 2024-08-31
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-08-31
| Metric | Trend | 2023-08-31 | 2024-08-31 |
|---|---|---|---|
| Turnover | £16,107,495 | £16,798,289 | |
| Operating profit | £807,829 | £798,686 | |
| Profit before tax | — | — | |
| Net profit | -£255,835 | £1,284,810 | |
| Cash | £6,425,934 | £10,606,531 | |
| Total assets less current liabilities | £31,054,951 | £33,359,797 | |
| Net assets | £27,936,434 | £29,221,244 | |
| Equity | £27,936,434 | £29,221,244 | |
| Average employees | 188 | 186 | |
| Wages | £7,435,919 | £7,750,254 |
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 | 2023-08-31 | 2024-08-31 |
|---|---|---|---|
| Operating margin | 5.0% | 4.8% | |
| Net margin | -1.6% | 7.6% | |
| Return on capital employed | 2.6% | 2.4% | |
| Gearing (liabilities / total assets) | 24.0% | 29.0% | |
| Current ratio | 1.27x | 1.49x | |
| Interest cover | 5.14x | 4.85x |
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
- Consolidated group
- Auditor
- HaysMac LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Trustees have sought to minimise the ongoing financial pressures on the charity by prioritising key areas of risk, bad debt, cash flow and pupil retention. This, combined with the continued focus on reducing the cost base of each school support the Board's view that the Association has adequate resources to continue its activities for the foreseeable future and therefore continue as a going concern.”
Group structure
- INDEPENDENT EDUCATIONAL ASSOCIATION LIMITED(THE) · parent
- St David's School
- St David's Enterprises Limited 100%
- St James Enterprises Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 27 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WYATT, William Frederick | Secretary | 2008-07-01 | — | British |
| HASSAN, Aatif Naveed | Director | 2006-10-05 | Apr 1979 | British |
| LUBIKOWSKI, Annabel Margaret Elizabeth | Director | 2018-11-29 | Mar 1953 | British |
| PRENDERGAST, Dominic | Director | 2025-12-04 | Jun 1983 | British |
| SAUNDERS, Edward Philip Morton | Director | 2025-12-04 | Jun 1966 | British |
| SINCLAIR, Jeremy Theodorson | Director | 1999-10-14 | Nov 1946 | British |
Show 27 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GRAVES, Tommas Henry | Secretary | — | 2008-07-02 |
| ANSELL, Goula Anastasia | Director | 2014-03-20 | 2020-03-12 |
| ARMSTRONG, James Hodgson | Director | — | 2003-10-07 |
| BUCHANAN, Jennie Vanessa | Director | 2014-03-20 | 2020-03-12 |
| CRANNY, Michael Gerard | Director | 2006-10-05 | 2015-06-18 |
| CSELKO, George Zoltan | Director | 2005-09-07 | 2020-03-12 |
| DE MATTOS, Helen Clair | Director | 2023-06-29 | 2025-09-05 |
| EDMUNDS, Richard John | Director | — | 2006-02-09 |
| GIBBS, Marion Olive | Director | 2008-07-01 | 2009-10-31 |
| GOLDSCHMIED, Marco Lorenzo Sinnott | Director | — | 1999-02-11 |
| HARPER, Michael Jonathan | Director | 2023-06-29 | 2024-12-05 |
| LINE, Elinor Jane | Director | 2008-10-02 | 2012-09-01 |
| MUNDEN, Miranda Jane Paula | Director | 2014-05-21 | 2020-03-12 |
| PICKERING, Mary Elizabeth Wreford | Director | 1996-10-10 | 2010-12-31 |
| PICKLES, Jonathan Andrew | Director | 2007-02-01 | 2017-08-22 |
| PINCHAM, Roger James | Director | — | 2008-05-22 |
| ROBERTS, Benjamin Luke Guthrie | Director | 2010-03-18 | 2013-05-03 |
| SALAMAN, Clement | Director | 1999-07-23 | 2007-08-31 |
| SAUNDERS, Bernard Charles | Director | — | 2000-02-10 |
| SKELCEY, Graham Michael | Director | 1996-05-16 | 1999-12-15 |
| STORY, William John | Director | 2011-03-24 | 2022-07-06 |
| STORY, William John | Director | 2000-02-10 | 2010-12-31 |
| VENABLES, Hugh Spenser | Director | 2008-03-11 | 2025-08-31 |
| WATSON, Richard Benjamin Adam | Director | 2003-10-07 | 2006-06-12 |
| WEBB, Jerome John | Director | 2007-02-01 | 2024-08-31 |
| WHITE, Bernard Roland | Director | — | 2004-07-13 |
| WILLIS, Fenella Mai, Dr | Director | 2008-10-02 | 2018-11-29 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 179 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-21 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-21 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-23 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-10 | AA | accounts | Accounts with accounts type group | |
| 2025-03-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-06 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-10 | CH01 | officers | Change person director company with change date | |
| 2024-09-10 | CH01 | officers | Change person director company with change date | |
| 2024-09-10 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-20 | AA | accounts | Accounts with accounts type group | |
| 2024-03-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-11 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-11 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-10 | AA | accounts | Accounts with accounts type group | |
| 2023-02-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-11 | TM01 | officers | Termination director company with name termination date | |
| 2022-07-11 | AA | accounts | Accounts with accounts type group | |
| 2022-03-15 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 2
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 2024-08-31 vs 2023-08-31
-
Turnover
+4.3%
£16,107,495 £16,798,289
-
Cash
+65.1%
£6,425,934 £10,606,531
-
Net assets
+4.6%
£27,936,434 £29,221,244
-
Employees
-1.1%
188 186
-
Operating profit
-1.1%
£807,829 £798,686
-
Wages
+4.2%
£7,435,919 £7,750,254
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers