E-ACT
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Next accounts due
2027-05-31 (in 1y)
Last filed for 2025-08-31
Confirmation statement due
2027-03-17 (in 10mo)
Last made up 2026-03-03
Watchouts
Cash
£44M
+30.2% vs 2024
Net assets
£395M
+65.4% vs 2024
Employees
3,446
+34.5% vs 2024
Profit before tax
—
Period ending 2025-08-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Name history
Renamed 2 times since incorporation
- E-ACT 2010-02-05 → present
- EDUTRUST ACADEMIES CHARITABLE TRUST 2008-05-22 → 2010-02-05
- EDUTRUST ACADEMIES TRUST 2008-03-06 → 2008-05-22
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-08-31
| Metric | Trend | 2024-08-31 | 2025-08-31 |
|---|---|---|---|
| Turnover | £148,136,000 | £212,252,000 | |
| Operating profit | £24,300,000 | £157,557,000 | |
| Profit before tax | — | — | |
| Net profit | £24,300,000 | £157,557,000 | |
| Cash | £34,133,000 | £44,437,000 | |
| Total assets less current liabilities | £239,353,000 | £395,379,000 | |
| Net assets | £239,112,000 | £395,379,000 | |
| Equity | £239,112,000 | £395,379,000 | |
| Average employees | 2,562 | 3,446 | |
| Wages | £78,003,000 | £110,425,000 |
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 | 2024-08-31 | 2025-08-31 |
|---|---|---|---|
| Operating margin | 16.4% | 74.2% | |
| Net margin | 16.4% | 74.2% | |
| Return on capital employed | 10.2% | 39.8% | |
| Gearing (liabilities / total assets) | 6.9% | 6.3% | |
| Current ratio | 2.31x | 2.04x |
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/SORP 2019
- Reporting scope
- Consolidated group
- Auditor
- Buzzacott Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The board of trustees has a reasonable expectation that the Trust has adequate resources to continue in operational existence for the foreseeable future and is monitoring the uncertain economic environment the country is currently in. E-ACT continues to adopt the going concern basis in preparing the financial statements.”
Group structure
- E-ACT · parent
- Merchants' Academy Services Limited
Significant events
- “On 1st September 2024, the transfer of the schools and assets and liabilities of the Venturers' Trust included shares in the Venturers' Trust trading subsidiary company, Merchants' Academy Services Limited (registered in England and Wales, number 06707036) which primarily undertook lettings of sports facilities.”
- “A new People Strategy was developed in 2024/25 and will drive further improvements in the employee experience.”
- “The Trust is experiencing further drops of pupils in some geographical areas, especially for Primary, in line with the changing demographics.”
- “On 1st September 2025, following a consultation process with the DfE and parents, The Dolphin School closed and merged with Fairlawn School. Pupils have transferred, together with the associated GAG funding.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
13 active · 47 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ATKINSON, Maggie Elizabeth, Professor | Director | 2024-12-12 | Sep 1956 | British |
| BOURNE, Conrad Louis | Director | 2025-09-01 | Nov 1968 | British |
| CAMPBELL, Thomas John | Director | 2023-01-01 | Apr 1979 | Scottish |
| COLLINS, Roohi Sultana | Director | 2023-03-15 | Jun 1959 | British |
| GOVIL, Vivek | Director | 2024-12-12 | Dec 1963 | British |
| KNIGHT, James Philip, Lord | Director | 2021-07-07 | Mar 1965 | British |
| MASON, Helen | Director | 2023-12-05 | Jul 1972 | British |
| MORETON, Amanda Elizabeth | Director | 2023-12-05 | Apr 1972 | British |
| RADIA, Rakhee | Director | 2023-12-05 | Jun 1988 | British |
| ROPER, David | Director | 2023-03-15 | May 1961 | British |
| SIDDIQUI, Mohammed Baasit | Director | 2025-09-01 | Sep 1982 | British |
| TAYLOR, Roger William | Director | 2025-09-01 | Jul 1965 | British |
| WHITE, Jane | Director | 2023-12-05 | Oct 1979 | British |
Show 47 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BALDERSTONE, Christopher John Lawrence | Secretary | 2009-04-09 | 2013-07-12 |
| RUSHTON, Harriet Jane | Secretary | 2018-10-10 | 2020-02-11 |
| BATES WELLS & BRAITHWAITE LONDON LLP | Corporate Secretary | 2008-03-06 | 2008-07-22 |
| BWB SECRETARIAL LIMITED | Corporate Secretary | 2013-07-12 | 2018-10-10 |
| BWB SECRETARIAL LIMITED | Corporate Secretary | 2008-07-22 | 2009-04-09 |
| ALLEYNE, Hugo Sean | Director | 2013-07-12 | 2021-10-04 |
| BAINBRIDGE, Barry | Director | 2010-10-22 | 2012-08-31 |
| BELLRINGER, Charles Albert John | Director | 2017-10-04 | 2018-01-08 |
| BHATIA, Amirali Alibhai, Lord | Director | 2008-03-06 | 2009-03-09 |
| COLES, Pamela Mary | Director | 2017-09-21 | 2024-03-13 |
| DARDOUK, Jamal, Dr. | Director | 2011-04-15 | 2014-04-07 |
| DEHAL, Gurpreet Singh | Director | 2017-11-03 | 2023-02-08 |
| FAIR, Peter Charles | Director | 2010-10-22 | 2011-11-23 |
| FLYNN, Norah Ann | Director | 2012-09-28 | 2014-02-12 |
| GREATREX, Mark Jeremy | Director | 2009-03-09 | 2009-05-15 |
| GREEN, Benjamin Richard | Director | 2009-09-04 | 2014-02-20 |
| HALL, John Thridgould | Director | 2009-09-04 | 2013-07-12 |
| HISLOP, Angus John Steedman | Director | 2016-12-14 | 2020-12-14 |
| HOPKINS, Stephen Thomas | Director | 2012-09-28 | 2017-03-23 |
| HUSBANDS, Chris, Professor | Director | 2013-10-04 | 2015-02-20 |
| KAYSER, Susan Anne | Director | 2009-09-04 | 2010-07-31 |
| KEATING, Theresa | Director | 2015-05-15 | 2023-03-16 |
| KHAN, Ilyas Tariq | Director | 2008-09-17 | 2009-03-09 |
| KIYANI, Nadeem Maqsood | Director | 2017-11-10 | 2025-08-31 |
| LEWIS, Clive Oscar | Director | 2012-01-20 | 2016-03-22 |
| LIDDINGTON, Bruce, Sir | Director | 2009-03-09 | 2013-07-12 |
| LIGHTMAN, Brian Peter Leon | Director | 2017-11-03 | 2025-11-03 |
| LIMB, Ann Geraldine | Director | 2009-10-23 | 2014-12-31 |
| MALLEN, David Arthur | Director | 2009-03-09 | 2013-07-12 |
| MCCORMACK, Gerard Joseph | Director | 2010-07-02 | 2014-07-10 |
| MILLWARD, Katherine Jane | Director | 2019-05-08 | 2022-12-31 |
| MORAN, David | Director | 2013-10-04 | 2019-05-08 |
| MURPHY, John | Director | 2023-03-15 | 2024-04-24 |
| PERRY, Stephen Mark, Dr | Director | 2009-10-23 | 2013-07-12 |
| PERYER, Thomas Stuart | Director | 2009-09-04 | 2011-09-23 |
| PYKE, Cameron Samuel Benjamin | Director | 2017-09-14 | 2025-08-31 |
| RANDEREE, Shabir Ahmed | Director | 2008-03-31 | 2009-03-09 |
| RASHID, Noorzaman Zaman | Director | 2008-03-31 | 2012-03-23 |
| REYNOLDS, David, Professor | Director | 2009-07-17 | 2013-07-12 |
| ROPER, David Alexander | Director | 2014-04-10 | 2017-08-31 |
| SCALES, Sheila Lesley | Director | 2009-07-17 | 2012-08-07 |
| SCOTT, Jean Anne | Director | 2014-12-11 | 2023-03-16 |
| SHAW, Mary Josephine | Director | 2012-09-28 | 2014-08-08 |
| TREWARTHA, Claire Amy Elizabeth | Director | 2016-12-14 | 2017-09-14 |
| WALKER, Leila Yasmin Khouja, Dr | Director | 2023-12-05 | 2025-11-03 |
| WEMMS, John Michael | Director | 2015-02-25 | 2021-02-25 |
| WINCHESTER, Bryan Gordon, Prof | Director | 2016-03-22 | 2020-02-06 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mrs Pamela Coles | Individual | Voting 25–50% | 2021-05-06 | Ceased 2021-09-06 |
| Prof Bryan Gordon Winchester | Individual | Voting 25–50% | 2021-05-06 | Ceased 2021-09-06 |
| Mr Andrew Pear | Individual | Voting 25–50% | 2021-05-06 | Ceased 2021-09-06 |
| Mr Andrew Mark Pear | Individual | Voting 25–50% | 2020-12-04 | Ceased 2020-12-17 |
| Mr David Alexander Roper | Individual | Voting 25–50% | 2020-02-06 | Ceased 2020-12-04 |
| Prof Bryan Gordon Winchester | Individual | Voting 25–50% | 2020-02-06 | Ceased 2020-12-04 |
| Ms Pamela Mary Coles | Individual | Voting 25–50% | 2020-02-06 | Ceased 2020-12-04 |
| Mr Clive Oscar Lewis | Individual | Voting 25–50% | 2016-04-06 | Ceased 2016-12-14 |
| Mr John Michael Wemms | Individual | Voting 25–50% | 2016-04-06 | Ceased 2016-12-14 |
| Hugo Sean Alleyne | Individual | Voting 25–50% | 2016-04-06 | Ceased 2016-12-14 |
Filing timeline
Last 20 of 236 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-05-17 MA Memorandum articles
- 2024-05-15 RESOLUTIONS Resolution
- 2024-05-15 RESOLUTIONS Resolution
- 2024-05-15 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-26 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2026-03-26 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2026-03-10 | AA | accounts | Accounts with accounts type full | |
| 2025-11-11 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-04 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-02-07 | AA | accounts | Accounts with accounts type full | |
| 2025-02-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-04 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-17 | MA | incorporation | Memorandum articles | |
| 2024-05-15 | RESOLUTIONS | resolution | Resolution | |
| 2024-05-15 | RESOLUTIONS | resolution | Resolution | |
| 2024-05-15 | RESOLUTIONS | resolution | Resolution | |
| 2024-04-25 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 11
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 4
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
FY2024 → FY2025 · period ending 2025-08-31 vs 2024-08-31
-
Turnover
+43.3%
£148,136,000 £212,252,000
-
Cash
+30.2%
£34,133,000 £44,437,000
-
Net assets
+65.4%
£239,112,000 £395,379,000
-
Employees
+34.5%
2,562 3,446
-
Operating profit
+548.4%
£24,300,000 £157,557,000
-
Wages
+41.6%
£78,003,000 £110,425,000
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