GLOBAL EDUCATION HOLDINGS 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 102

Reporting scope

Consolidated group

Auditor

Blick Rothenberg Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Having considered post year end trading, financial results, cash reserves, and after making enquiries, the directors have a reasonable expectation that the group and the company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of at least twelve months from the date these financial statements are approved. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. GLOBAL EDUCATION HOLDINGS LIMITED · parent
   1. Global Banking School Limited 100%
   2. Global Edu Services Limited 100%
   3. Global Edu Cafeteria Limited 100%
   4. Language Path Education Limited 100%
   5. Global Business Studies FZ-LLC 100% · Dubai, UAE
   6. GBS Malta Education Holding Limited 100% · Malta
   7. GBS HE Malta Limited 100% · Malta
   8. Language Path Education Limited (Malta) 100% · Malta
   9. Metagedu Apprenticeships Limited 100%
   10. Path Creative School Limited 100%
   11. GBS Germany GmbH 100% · Munchen
   12. Gedu Holdings (Canada) Ltd 100% · Kelowna, V1Y 2B3
   13. English Path Ltd 100% · Kelowna, V1Y 2B3
   14. GEDU Australia Holding Pty Ltd 100% · Adelaide SA, 5000
   15. Performing Arts Education Pty Ltd 100% · Adelaide SA, 5000
   16. GEDU Holdings (Ireland) Limited 100% · Dublin
   17. NCG Education Dublin Limited 100% · Dublin
   18. Graine à l'Aube SARL 100% · Paris
   19. MLA College Limited 100% · United Kingdom
   20. KIP SIU LLC 100% · United States
   21. GEDU Services Pvt Ltd 100% · Uttar Pradesh
   22. ICN Business School SARL 85% · Nancy
   23. ICN Berlin Business School GmbH 85% · Berlin, Germany

Significant events

• “After the reporting date, the group secured additional debt of £125m to fund its growth plans and repaid its existing £40m facility. The event does not relate to conditions existing at the balance sheet date and has therefore not resulted in any adjustment to the financial statements.”

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

Filings

7

last 12 months

Capital events

2

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.

• Turnover

  +28.5%

  £251,975,930 → £323,683,644

• Cash

  +7.8%

  £26,375,826 → £28,440,892

• Net assets

  +35.2%

  £64,081,432 → £86,650,394

• Employees

  +28.3%

  2,089 → 2,681

• Operating profit

  +0.6%

  £45,681,354 → £45,967,010

• Profit before tax

  -6%

  £44,858,769 → £42,155,527

• Wages

  +41.3%

  £67,441,359 → £95,290,779

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