ESPALIER VENTURES LIMITED
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Next accounts due
2026-07-31 (in 2mo)
Last filed for 2024-07-31
Confirmation statement due
2026-07-16 (in 2mo)
Last made up 2025-07-02
Watchouts
None on the register
Cash
£10M
-31.7% vs 2023
Net assets
-£3M
-23,421.4% vs 2023
Employees
1,155
+5.8% vs 2023
Profit before tax
£5M
+136.7% vs 2023
Name history
Renamed 2 times since incorporation
- ESPALIER VENTURES LIMITED 2016-04-01 → present
- ESPALIER CREDIT LIMITED 2013-11-19 → 2016-04-01
- NEWINCCO 1191 LIMITED 2012-07-02 → 2013-11-19
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-07-31
| Metric | Trend | 2023-07-31 | 2024-07-31 |
|---|---|---|---|
| Turnover | £111,634,000 | £141,537,000 | |
| Operating profit | -£4,417,000 | £2,795,000 | |
| Profit before tax | -£12,369,000 | £4,537,000 | |
| Net profit | -£12,923,000 | £3,776,000 | |
| Cash | £14,210,000 | £9,703,000 | |
| Total assets less current liabilities | £49,406,000 | £35,643,000 | |
| Net assets | £14,000 | -£3,265,000 | |
| Equity | £14,000 | -£3,265,000 | |
| Average employees | 1,092 | 1,155 | |
| Wages | £46,815,000 | £46,948,000 |
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 | 2023-07-31 | 2024-07-31 |
|---|---|---|---|
| Operating margin | -4.0% | 2.0% | |
| Net margin | -11.6% | 2.7% | |
| Return on capital employed | -8.9% | 7.8% | |
| Gearing (liabilities / total assets) | 100.0% | 102.2% | |
| Current ratio | 1.26x | 1.11x | |
| Interest cover | -2.70x | 1.74x |
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
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on the going concern basis, which assumes that the group will continue to be able to meet its liabilities as they fall due for the near future. Management have prepared cash flow projections for the period up to March 2026 and believe the group will be able to meet its liabilities as they fall due and have accordingly prepared the financial statements on a going concern basis.”
Group structure
- ESPALIER VENTURES LIMITED · parent
- Into University Partnerships Limted 75%
- Newinco 1192 Limited 100%
- Espalier Developments Millendreath Limited 100%
- Millendreath Chalets Limtied 100%
- Micro Flats Limited 100%
- INTO Manchester Limited 100%
- Delta Language Training & Consultancy Limited 100%
- Friars 607 Limited 100%
- Into Education India Private Limited 100%
- INTO UEA LLP 50%
- INTO University of Exeter LLP 50%
- INTO City LLP 50%
- INTO Queens LLP 50%
- INTO Oregon State University Inc 50%
Significant events
- “Post July 2023 year end, the loan provided by Espalier Ventures Ltd to Alfons Van der Aa and Harrogate Sustainable Ventures B.V. was deemed to be in default. This loan is included in the books of Espalier Ventures Ltd at £816,456 as at 31 July 2024. The Company is in receipt of a UK court order and are working with the Dutch Counsel to enforce this in the Netherlands, where the borrower is based. On 11th March 2025, a settlement agreement was entered into with Mr. Van der Aa and Harrogate Sustainable Ventures B.V. whereby they agreed to assign a loan of $689,000 to Espalier ventures Limited. On 14 March 2025 Espalier Ventures received a payment of £98,159.26 from the sale of a house and expects to recover most of the loan from the sale of the assets.”
- “During the year the company recognised a total expense of £25k related to equity share-based payments in the year (2023: £nil) directly to the profit and loss reserve, as well as a £25k charge (2023: £105k credit) within administrative expenses relating to management awards that have lapsed, as a result of the relevant individuals leaving the company.”
- “On 15th July 2022 proceedings were filed in a US court seeking a declaratory judgment in relation to a commercial dispute to which an INTO group entity is a party. INTO group opposes the declaration (which has subsequently been dropped) and has filed a claim for damages against the parties who brought this action.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| COLIN, Andrew Jeremy | Director | 2012-08-13 | Mar 1959 | British |
| GUPTA, Viren | Director | 2020-05-01 | Apr 1973 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| OLSWANG COSEC LIMITED | Corporate Secretary | 2012-07-02 | 2012-08-13 |
| MACKIE, Christopher Alan | Director | 2012-07-02 | 2012-08-13 |
| SLATER, Timothy Edward | Director | 2017-01-31 | 2021-05-17 |
| SMALE, Steven George | Director | 2013-01-18 | 2023-09-19 |
| SYKES, John Buchanan | Director | 2012-08-13 | 2023-09-19 |
| VIRGO, Matthew Andrew | Director | 2015-11-02 | 2017-01-31 |
| OLSWANG DIRECTORS 1 LIMITED | Corporate Director | 2012-07-02 | 2012-08-13 |
| OLSWANG DIRECTORS 2 LIMITED | Corporate Director | 2012-07-02 | 2012-08-13 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Andrew Jeremy Colin | Individual | Shares 75–100%, Voting 75–100%, Appoints directors, Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 50 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-07-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-08 | AA | accounts | Accounts with accounts type group | |
| 2024-07-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-08 | AA | accounts | Accounts with accounts type group | |
| 2023-09-19 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-19 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-05 | AA | accounts | Accounts with accounts type group | |
| 2022-09-26 | CH01 | officers | Change person director company with change date | |
| 2022-07-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-03 | AA | accounts | Accounts with accounts type group | |
| 2021-07-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-05-17 | TM01 | officers | Termination director company with name termination date | |
| 2021-05-12 | AA | accounts | Accounts with accounts type group | |
| 2020-08-05 | AA | accounts | Accounts with accounts type group | |
| 2020-07-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-05-01 | AP01 | officers | Appoint person director company with name date | |
| 2019-07-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-07-03 | DISS40 | gazette | Gazette filings brought up to date | |
| 2019-07-02 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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 2024-07-31 vs 2023-07-31
-
Turnover
+26.8%
£111,634,000 £141,537,000
-
Cash
-31.7%
£14,210,000 £9,703,000
-
Net assets
-23,421.4%
£14,000 -£3,265,000
-
Employees
+5.8%
1,092 1,155
-
Operating profit
+163.3%
-£4,417,000 £2,795,000
-
Profit before tax
+136.7%
-£12,369,000 £4,537,000
-
Wages
+0.3%
£46,815,000 £46,948,000
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