IQSA UK CITY ALDGATE LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have, at the time of approving the financial statements, a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Further information is included in note 2 to the financial statements. The Directors therefore consider it appropriate to adopt the going concern basis in preparing the financial statements. The assessment period for the purposes of considering the going concern basis is to 30 June 2026, being at least 12 months from the date on which these financial statements have been signed.”

Significant events

• “Pursuant to a share pledge agreement dated 3 September 2024, the Company has pledged all its rights, titles, interests and benefits, present and future, in, to and under its present and future shares in favour of CBRE Loan Services Limited as Security Agent at the occurrence of an Event of Default (as defined in the Share Pledge agreement).”
• “The Company, along with other entities in the Group, acts as a guarantor and obligor of one of the Group's drawn facilities and could be liable to settle some or all of this facility in the event of default.”
• “During the year, pursuant to section 641(1)(a) of the Companies Act 2006, the share premium of the Company was reduced from £85,518,866 to £nil with the amount of the reduction being credited to retained earnings.”
• “At 30 September 2024, the Company had capital commitments of £1,705k in respect of contracted capital expenditure (2023: £5,019k).”
• “The immediate parent changed from IQSA Student Holdco S.a.r.l. to Capella UK Bidco 1 Limited on 3 September 2024 as part of the balance sheet refinancing.”

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

Filings

8

last 12 months

Capital events

3

last 24 months

Officers appointed

2

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  +14.9%

  £16,039,000 → £18,431,000

• Cash

  +400%

  £1,000 → £5,000

• Net assets

  +16.4%

  £105,905,000 → £123,233,000

• Employees

  —

  Not reported

• Operating profit

  +15.1%

  £15,941,000 → £18,352,000

• Profit before tax

  -58.1%

  £16,240,000 → £6,810,000

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