gl education group limited
gl education group limited Company Information
Company Number
02603456
Website
www.gl-assessment.co.ukRegistered Address
1st floor vantage london, great west road, brentford, TW8 9AG
Industry
Other publishing activities
Telephone
02089963333
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
assessments bidco ltd 100%
gl education group limited Estimated Valuation
Pomanda estimates the enterprise value of GL EDUCATION GROUP LIMITED at £48k based on a Turnover of £39k and 1.23x industry multiple (adjusted for size and gross margin).
gl education group limited Estimated Valuation
Pomanda estimates the enterprise value of GL EDUCATION GROUP LIMITED at £2m based on an EBITDA of £313k and a 6.33x industry multiple (adjusted for size and gross margin).
gl education group limited Estimated Valuation
Pomanda estimates the enterprise value of GL EDUCATION GROUP LIMITED at £5.1m based on Net Assets of £3.3m and 1.51x industry multiple (adjusted for liquidity).
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Gl Education Group Limited Overview
Gl Education Group Limited is a live company located in brentford, TW8 9AG with a Companies House number of 02603456. It operates in the other publishing activities sector, SIC Code 58190. Founded in April 1991, it's largest shareholder is assessments bidco ltd with a 100% stake. Gl Education Group Limited is a mature, micro sized company, Pomanda has estimated its turnover at £39k with high growth in recent years.
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Gl Education Group Limited Health Check
Pomanda's financial health check has awarded Gl Education Group Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 7 areas for improvement. Company Health Check FAQs
5 Strong
0 Regular
7 Weak
Size
annual sales of £39k, make it smaller than the average company (£3.7m)
£39k - Gl Education Group Limited
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (2.9%)
25% - Gl Education Group Limited
2.9% - Industry AVG
Production
with a gross margin of 253.9%, this company has a lower cost of product (59.4%)
253.9% - Gl Education Group Limited
59.4% - Industry AVG
Profitability
an operating margin of 169.2% make it more profitable than the average company (7.4%)
169.2% - Gl Education Group Limited
7.4% - Industry AVG
Employees
with 66 employees, this is above the industry average (33)
66 - Gl Education Group Limited
33 - Industry AVG
Pay Structure
on an average salary of £71.3k, the company has a higher pay structure (£55.4k)
£71.3k - Gl Education Group Limited
£55.4k - Industry AVG
Efficiency
resulting in sales per employee of £590.9, this is less efficient (£130.3k)
£590.9 - Gl Education Group Limited
£130.3k - Industry AVG
Debtor Days
it gets paid by customers after 39972 days, this is later than average (48 days)
39972 days - Gl Education Group Limited
48 days - Industry AVG
Creditor Days
its suppliers are paid after -12184 days, this is quicker than average (36 days)
-12184 days - Gl Education Group Limited
36 days - Industry AVG
Stock Days
it holds stock equivalent to -24 days, this is less than average (18 days)
-24 days - Gl Education Group Limited
18 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (24 weeks)
1 weeks - Gl Education Group Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.6%, this is a higher level of debt than the average (65.6%)
98.6% - Gl Education Group Limited
65.6% - Industry AVG
gl education group limited Credit Report and Business Information
Gl Education Group Limited Competitor Analysis
Perform a competitor analysis for gl education group limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
gl education group limited Ownership
GL EDUCATION GROUP LIMITED group structure
Gl Education Group Limited has 6 subsidiary companies.
Ultimate parent company
H & F CORPORATE INVESTORS VII LTD
#0076445
2 parents
GL EDUCATION GROUP LIMITED
02603456
6 subsidiaries
gl education group limited directors
Gl Education Group Limited currently has 3 directors. The longest serving directors include Mr Christopher Bauleke (Mar 2023) and Mr Neal Dittersdorf (Mar 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Bauleke | United States | 57 years | Mar 2023 | - | Director |
| Mr Neal Dittersdorf | United States | 64 years | Mar 2023 | - | Director |
| Mr Ted Wolf | United States | 46 years | Jan 2024 | - | Director |
GL EDUCATION GROUP LIMITED financials
Gl Education Group Limited's latest turnover from December 2022 is £39 thousand and the company has net assets of £3.3 million. According to their latest financial statements, Gl Education Group Limited has 66 employees and maintains cash reserves of £5.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 39,000 | 34,000 | 65,000 | 20,000 | 4,000 | 2,000 | 0 | 587,000 | 743,000 | 493,000 | 406,000 | 930,000 | 1,087,000 | 745,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | -60,000 | -57,000 | -51,000 | -96,000 | -67,000 | 0 | -41,000 | 120,000 | 810,000 | 338,000 | 188,000 | 533,000 | 649,000 | 338,000 |
| Gross Profit | 99,000 | 91,000 | 116,000 | 116,000 | 71,000 | 2,000 | 41,000 | 467,000 | -67,000 | 155,000 | 218,000 | 397,000 | 438,000 | 407,000 |
| Admin Expenses | 33,000 | 111,000 | 523,000 | 99,000 | 289,000 | 59,000 | 1,414,000 | 140,000 | 1,014,000 | 560,000 | 1,611,000 | 5,397,000 | 1,206,000 | 753,000 |
| Operating Profit | 66,000 | -20,000 | -407,000 | 17,000 | -218,000 | -57,000 | -1,373,000 | 327,000 | -1,081,000 | -405,000 | -1,393,000 | -5,000,000 | -768,000 | -346,000 |
| Interest Payable | 3,463,000 | 3,047,000 | 2,508,000 | 1,865,000 | 2,267,000 | 2,471,000 | 1,252,000 | 597,000 | 1,284,000 | 1,081,000 | 1,124,000 | 1,948,000 | 884,000 | 539,000 |
| Interest Receivable | 2,628,000 | 1,869,000 | 1,557,000 | 1,074,000 | 895,000 | 1,846,000 | 681,000 | 24,000 | 806,000 | 691,000 | 668,000 | 792,000 | 1,014,000 | 944,000 |
| Pre-Tax Profit | -769,000 | 7,402,000 | -1,358,000 | -774,000 | 11,770,000 | -682,000 | -1,944,000 | -246,000 | -1,559,000 | -795,000 | -1,849,000 | -6,156,000 | -900,000 | -312,000 |
| Tax | -9,000 | 79,000 | 388,000 | 144,000 | 26,000 | 118,000 | -142,000 | 12,000 | -86,000 | -187,000 | 92,000 | -369,000 | -84,000 | -229,000 |
| Profit After Tax | -778,000 | 7,481,000 | -970,000 | -630,000 | 11,796,000 | -564,000 | -2,086,000 | -234,000 | -1,645,000 | -982,000 | -1,757,000 | -6,525,000 | -984,000 | -541,000 |
| Dividends Paid | 4,000,000 | 8,600,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,368,000 | 0 |
| Retained Profit | -4,778,000 | -1,119,000 | -970,000 | -630,000 | 11,796,000 | -564,000 | -2,086,000 | -234,000 | -1,645,000 | -982,000 | -1,757,000 | -6,525,000 | -11,352,000 | -541,000 |
| Employee Costs | 4,707,000 | 3,461,000 | 3,209,000 | 2,600,000 | 2,797,000 | 3,056,000 | 2,345,000 | 3,367,000 | 3,149,000 | 3,069,000 | 2,892,000 | 2,901,000 | 2,595,000 | 2,749,000 |
| Number Of Employees | 66 | 67 | 97 | 65 | 67 | 77 | 68 | 79 | 75 | 73 | 70 | 67 | 69 | 68 |
| EBITDA* | 313,000 | 338,000 | 75,000 | 536,000 | 157,000 | 363,000 | -1,046,000 | 682,000 | -743,000 | -139,000 | -1,193,000 | -4,811,000 | -588,000 | -177,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,067,000 | 1,210,000 | 1,475,000 | 1,894,000 | 560,000 | 813,000 | 1,044,000 | 695,000 | 797,000 | 601,000 | 581,000 | 406,000 | 340,000 | 282,000 |
| Intangible Assets | 71,000 | 2,551,000 | 1,878,000 | 1,245,000 | 631,000 | 111,000 | 42,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 0 | 0 |
| Investments & Other | 42,634,000 | 42,634,000 | 42,634,000 | 42,634,000 | 42,634,000 | 42,634,000 | 42,634,000 | 42,634,000 | 38,018,000 | 33,587,000 | 33,587,000 | 33,592,000 | 33,608,000 | 29,286,000 |
| Debtors (Due After 1 year) | 520,000 | 157,190,000 | 127,815,000 | 110,028,000 | 48,232,000 | 0 | 0 | 0 | 8,474,000 | 8,474,000 | 8,474,000 | 7,334,000 | 6,127,000 | 2,310,000 |
| Total Fixed Assets | 44,292,000 | 203,585,000 | 173,802,000 | 155,801,000 | 92,057,000 | 43,558,000 | 43,720,000 | 43,330,000 | 47,290,000 | 42,663,000 | 42,643,000 | 41,333,000 | 40,075,000 | 31,878,000 |
| Stock & work in progress | 4,000 | 4,000 | 4,000 | 4,000 | 3,000 | 1,000 | 0 | 0 | 0 | 0 | 0 | 1,000 | 42,000 | 0 |
| Trade Debtors | 4,271,000 | 4,070,000 | 3,962,000 | 3,926,000 | 3,360,000 | 2,051,000 | 3,099,000 | 2,617,000 | 1,968,000 | 2,323,000 | 1,785,000 | 1,682,000 | 1,950,000 | 1,372,000 |
| Group Debtors | 188,370,000 | 0 | 0 | 0 | 32,071,000 | 142,744,000 | 112,319,000 | 72,861,000 | 47,561,000 | 41,052,000 | 34,844,000 | 41,465,000 | 41,624,000 | 35,747,000 |
| Misc Debtors | 2,350,000 | 10,793,000 | 8,614,000 | 2,085,000 | 252,000 | 165,000 | 424,000 | 943,000 | 1,198,000 | 1,126,000 | 1,130,000 | 1,161,000 | 1,518,000 | 1,706,000 |
| Cash | 5,505,000 | 4,620,000 | 10,715,000 | 6,969,000 | 2,544,000 | 1,293,000 | 1,797,000 | 7,195,000 | 8,044,000 | 5,267,000 | 3,832,000 | 5,812,000 | 4,812,000 | 2,386,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 200,500,000 | 19,487,000 | 23,295,000 | 12,984,000 | 38,230,000 | 146,254,000 | 117,639,000 | 83,616,000 | 58,771,000 | 49,768,000 | 41,591,000 | 50,121,000 | 49,946,000 | 41,211,000 |
| total assets | 244,792,000 | 223,072,000 | 197,097,000 | 168,785,000 | 130,287,000 | 189,812,000 | 161,359,000 | 126,946,000 | 106,061,000 | 92,431,000 | 84,234,000 | 91,454,000 | 90,021,000 | 73,089,000 |
| Bank overdraft | 0 | 0 | 3,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,943,000 | 379,000 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,003,000 | 3,396,000 | 1,188,000 | 1,800,000 | 2,075,000 | 1,441,000 | 1,735,000 | 922,000 | 1,031,000 | 1,472,000 | 1,525,000 | 1,178,000 | 1,169,000 | 1,216,000 |
| Group/Directors Accounts | 227,884,000 | 200,046,000 | 174,593,000 | 144,047,000 | 107,495,000 | 180,093,000 | 149,971,000 | 114,406,000 | 92,303,000 | 77,504,000 | 68,371,000 | 59,237,000 | 48,725,000 | 37,825,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000,000 | 1,250,000 | 0 |
| hp & lease commitments | 302,000 | 290,000 | 278,000 | 268,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,322,000 | 2,004,000 | 2,289,000 | 2,678,000 | 1,769,000 | 1,135,000 | 1,622,000 | 1,900,000 | 2,775,000 | 1,796,000 | 1,759,000 | 1,662,000 | 2,611,000 | 1,760,000 |
| total current liabilities | 232,511,000 | 205,736,000 | 178,351,000 | 148,793,000 | 111,339,000 | 182,669,000 | 153,328,000 | 117,228,000 | 96,109,000 | 80,772,000 | 71,655,000 | 65,020,000 | 54,134,000 | 40,801,000 |
| loans | 8,000,000 | 8,000,000 | 8,000,000 | 8,000,000 | 8,000,000 | 8,000,000 | 8,000,000 | 8,000,000 | 8,000,000 | 8,000,000 | 8,000,000 | 20,098,000 | 23,011,000 | 8,000,000 |
| hp & lease commitments | 823,000 | 1,125,000 | 1,416,000 | 1,693,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 62,000 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 112,000 | 87,000 | 87,000 | 86,000 | 84,000 | 75,000 | 399,000 | 0 | 0 | 0 | 0 | 0 | 15,000 | 75,000 |
| total long term liabilities | 8,935,000 | 9,212,000 | 9,503,000 | 9,779,000 | 8,084,000 | 8,075,000 | 8,399,000 | 8,000,000 | 8,000,000 | 8,062,000 | 8,000,000 | 20,098,000 | 23,026,000 | 8,075,000 |
| total liabilities | 241,446,000 | 214,948,000 | 187,854,000 | 158,572,000 | 119,423,000 | 190,744,000 | 161,727,000 | 125,228,000 | 104,109,000 | 88,834,000 | 79,655,000 | 85,118,000 | 77,160,000 | 48,876,000 |
| net assets | 3,346,000 | 8,124,000 | 9,243,000 | 10,213,000 | 10,864,000 | -932,000 | -368,000 | 1,718,000 | 1,952,000 | 3,597,000 | 4,579,000 | 6,336,000 | 12,861,000 | 24,213,000 |
| total shareholders funds | 3,346,000 | 8,124,000 | 9,243,000 | 10,213,000 | 10,864,000 | -932,000 | -368,000 | 1,718,000 | 1,952,000 | 3,597,000 | 4,579,000 | 6,336,000 | 12,861,000 | 24,213,000 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 66,000 | -20,000 | -407,000 | 17,000 | -218,000 | -57,000 | -1,373,000 | 327,000 | -1,081,000 | -405,000 | -1,393,000 | -5,000,000 | -768,000 | -346,000 |
| Depreciation | 247,000 | 358,000 | 482,000 | 519,000 | 375,000 | 420,000 | 327,000 | 355,000 | 338,000 | 266,000 | 200,000 | 189,000 | 180,000 | 161,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,000 | |
| Tax | -9,000 | 79,000 | 388,000 | 144,000 | 26,000 | 118,000 | -142,000 | 12,000 | -86,000 | -187,000 | 92,000 | -369,000 | -84,000 | -229,000 |
| Stock | 0 | 0 | 0 | 1,000 | 2,000 | 1,000 | 0 | 0 | 0 | 0 | -1,000 | -41,000 | 42,000 | 0 |
| Debtors | 23,458,000 | 31,662,000 | 24,352,000 | 32,124,000 | -61,045,000 | 29,118,000 | 39,421,000 | 17,220,000 | 6,226,000 | 6,742,000 | -5,409,000 | 423,000 | 10,084,000 | 41,135,000 |
| Creditors | -1,393,000 | 2,208,000 | -612,000 | -275,000 | 634,000 | -294,000 | 813,000 | -109,000 | -441,000 | -53,000 | 347,000 | 9,000 | -47,000 | 1,216,000 |
| Accruals and Deferred Income | 318,000 | -285,000 | -389,000 | 909,000 | 634,000 | -487,000 | -278,000 | -875,000 | 917,000 | 99,000 | 97,000 | -949,000 | 851,000 | 1,760,000 |
| Deferred Taxes & Provisions | 25,000 | 0 | 1,000 | 2,000 | 9,000 | -324,000 | 399,000 | 0 | 0 | 0 | 0 | -15,000 | -60,000 | 75,000 |
| Cash flow from operations | -24,204,000 | -29,322,000 | -24,889,000 | -30,809,000 | -29,743,000 | -39,675,000 | -17,510,000 | -6,579,000 | -7,022,000 | 4,753,000 | -6,517,000 | -10,054,000 | -38,490,000 | |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,616,000 | 4,431,000 | 0 | -5,000 | -16,000 | 4,322,000 | 29,286,000 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 27,838,000 | 25,453,000 | 30,546,000 | 36,552,000 | -72,598,000 | 30,122,000 | 35,565,000 | 22,103,000 | 14,799,000 | 9,133,000 | 9,134,000 | 10,512,000 | 10,900,000 | 37,825,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,000,000 | -250,000 | 1,250,000 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -12,098,000 | -2,913,000 | 15,011,000 | 8,000,000 |
| Hire Purchase and Lease Commitments | -290,000 | -279,000 | -267,000 | 1,961,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -835,000 | -1,178,000 | -951,000 | -791,000 | -1,372,000 | -625,000 | -571,000 | -573,000 | -478,000 | -390,000 | -456,000 | -1,156,000 | 130,000 | 405,000 |
| cash flow from financing | 26,713,000 | 23,996,000 | 29,328,000 | 37,701,000 | -73,970,000 | 29,497,000 | 34,994,000 | 21,530,000 | 14,321,000 | 8,743,000 | -4,420,000 | 6,193,000 | 27,291,000 | 70,984,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 885,000 | -6,095,000 | 3,746,000 | 4,425,000 | 1,251,000 | -504,000 | -5,398,000 | -849,000 | 2,777,000 | 1,435,000 | -1,980,000 | 1,000,000 | 2,426,000 | 2,386,000 |
| overdraft | 0 | -3,000 | 3,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,943,000 | 1,564,000 | 379,000 | 0 |
| change in cash | 885,000 | -6,092,000 | 3,743,000 | 4,425,000 | 1,251,000 | -504,000 | -5,398,000 | -849,000 | 2,777,000 | 1,435,000 | -37,000 | -564,000 | 2,047,000 | 2,386,000 |
P&L
December 2022turnover
39k
+15%
operating profit
66k
-430%
gross margin
253.9%
-5.16%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
3.3m
-0.59%
total assets
244.8m
+0.1%
cash
5.5m
+0.19%
net assets
Total assets minus all liabilities
Similar Companies
gl education group limited company details
company number
02603456
Type
Private limited with Share Capital
industry
58190 - Other publishing activities
incorporation date
April 1991
age
33
accounts
Full Accounts
ultimate parent company
previous names
granada learning limited (March 2012)
yorkshire international thomson multimedia limited (March 1998)
incorporated
UK
address
1st floor vantage london, great west road, brentford, TW8 9AG
last accounts submitted
December 2022
gl education group limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 9 charges/mortgages relating to gl education group limited. Currently there are 0 open charges and 9 have been satisfied in the past.
gl education group limited Companies House Filings - See Documents
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