MALVERN HOUSE INTERNATIONAL LIMITED

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 101

Reporting scope

Standalone (parent only)

Auditor

HaysMac LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In assessing the Company's ability to continue as a going concern, the directors review and approve the annual budget and longer-term strategic plan, including forecasts of cash flows. Whilst there remain some uncertainties, current trading has given the directors confidence that it is appropriate to prepare the accounts on a going concern basis. The directors' assessment is laid out in Note 2 of the financial statements. In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. The financial statements have been prepared on a going concern basis. The Directors consider the going concern basis to be appropriate, having paid due regard to the Group and Company's projected results during the twelve months from the date the financial statements are approved and the anticipated cash flows, availability of loan facilities and mitigating actions that can be taken during that period. BOOST&CO is the Groups term loan provider. The current debt in the accounts of Malvern International Plc is, £1.45m. BOOST&CO Limited, acting on behalf of IL2 (2018) Sarl, have again provided a letter of comfort to provide ongoing financial support to the Company for any short-term working capital requirement should that become necessary. It is the present policy of BOOST&CO to ensure that the Company has adequate financial resources to meet their obligations and to enable it to continue as a going concern for a period of at least 12 months from the date of the signing of the financial statements. UK and global macroeconomic factors continue to create some uncertainty in the Company's forecasts. Despite this, significant revenue growth was achieved in 2025 and is expected to continue through FY2026. The security of the four new long-term Pathway contracts and the continued commitment from the Group's lenders, in the form of a letter of support, provide the Group with confidence in respect of future funding.”

Significant events

• “In February 2026, the Board decided to reshape the ELT operations to focus exclusively on Junior ELT and young learner camps, closing Adult ELT schools in Manchester and London in a deal with a competitor. As the decision was made after the reporting date, this represents a non-adjusting event.”
• “The Group undertook a fundraise. The fundraise generated £1.95m in new cash and will be finalised in March 2026.”

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

0

last 12 months

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