EMBASSY EDUCATIONAL SERVICES (UK) LIMITED

• ⚠

  Material uncertainty over going concern

  We draw attention to note 2.2 in the financial statements, which indicates the group, of which the company is part, is subject to a material uncertainty about it's ability to remain a going concern. ... Nonetheless, the Directors acknowledge that these group projections are subject to uncertainty, given ongoing macroeconomic and geopolitical volatility, as well as potential regulatory changes. As with other businesses operating in the same or similarly impacted sectors, the Group's outlook depends on these external factors and thus all related judgements reached at this stage remain subject to material uncertainty which may cast doubt on the entity's ability to continue as a going concern.

1. EMBASSY EDUCATIONAL SERVICES (UK) LIMITED 1997-05-09 → present
2. EMBASSY EDUCATION SERVICES (UK) LTD 1997-04-23 → 1997-05-09
3. EMBASSY STUDY TOURS LIMITED 1981-11-25 → 1997-04-23

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Price Bailey LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to note 2.2 in the financial statements, which indicates the group, of which the company is part, is subject to a material uncertainty about it's ability to remain a going concern. ... Nonetheless, the Directors acknowledge that these group projections are subject to uncertainty, given ongoing macroeconomic and geopolitical volatility, as well as potential regulatory changes. As with other businesses operating in the same or similarly impacted sectors, the Group's outlook depends on these external factors and thus all related judgements reached at this stage remain subject to material uncertainty which may cast doubt on the entity's ability to continue as a going concern.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +10.7%

  £14,261,915 → £15,782,919

  highest in 6 filed years

• Cash

  -23%

  £187,988 → £144,705

• Net assets

  +31.5%

  -£3,667,950 → -£2,512,969

  highest in 6 filed years

• Employees

  +21.7%

  69 → 84

• Operating profit

  -33.1%

  £1,835,673 → £1,227,421

  first positive since 2020

• Profit before tax

  -36.1%

  £1,807,978 → £1,154,981

  first positive since 2019

• Wages

  +40.5%

  £2,198,622 → £3,088,900

  highest in 3 filed years

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