The Education Mutual Limited
The principal activity of the company in the year under review was that of providing staff absence protection for the education sector. OVERVIEW Education Mutual was established by schools for schools, to provide the education sector with an alternative to commercial staff absence insurance. Education Mutual is a not for profit company, limited by guarantee. It was created by people within the education sector, to support those in the education sector and provides relevant staff absence cover with healthcare to aid in the prevention of absences.
Revenue
£21.4m
▲ +31.8% vs prior ~12m period
Profit after tax
-£5k
Margin -1.2%
Employees
0
— vs prior ~12m period
Net assets
£1k
Total assets £13.3m
Financial history
Revenue by accounting period
4 periods available · ▲ growth ▼ decline
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2023 | £21.4m | ▲ +31.8% | £75k | 0 | £1k |
| 31 Dec 2022 | £16.2m | — | -£249k | 0 | £7k |
| 31 Dec 2021 | — | — | — | 0 | £261k |
| 31 Dec 2020 | — | — | — | 0 | £296k |
Latest available figures
Period ending 31 Dec 2023. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
These are the most recent accounts available to us; more recent accounts may exist at Companies House.
Profit & loss
- Revenue
- £21.4m
- Gross profit
- £144k
- Operating profit
- -£266k
- Profit before tax
- £75k
- Profit after tax
- -£5k
Balance sheet
- Total assets
- £13.3m
- Cash
- £10.4m
- Total liabilities
- £13.3m
- Net assets
- £1k
- Revenue per employee
- Not available
Similar companies
| Company | Industry | Location | Revenue | Growth | Employees |
|---|---|---|---|---|---|
| Alliance Leisure Services Limited 02723797 | Education | Bristol | £80.8m | ▼ -25.2% | 38 |
| Lca London Limited 03914791 | Education | London | £80.7m | ▲ +39.0% | 264 |
| Lifetime Training Group Limited 03263608 | Education | Bristol | £68.4m | — | 884 |
| Childbase Partnership Limited 02418535 | Education | Newport Pagnell | £67.2m | ▲ +10.4% | 2,325 |
| Kedleston Schools Limited 05779536 | Education | Uxbridge | £58.6m | ▲ +4.8% | 762 |
Other education companies in East Midlands
| Company | Industry | Location | Revenue | Growth | Employees |
|---|---|---|---|---|---|
| Uol Services Limited 11035106 | Education | Lincoln | £26.6m | ▼ -0.6% | 579 |
| The Construction Skills People Ltd 06616608 | Education | Chesterfield | £18.9m | ▲ +24.4% | 131 |
| Djw Education Limited 01297739 | Education | Market Harborough | £8.2m | ▲ +36.6% | 77 |
| Brooke House College Limited 12001673 | Education | Market Harborough | £8.2m | ▲ +36.6% | 75 |
| Rushcliffe Specialist Schools (Mickleover) Limited 06911368 | Education | Loughborough | £5.8m | ▲ +29.3% | 121 |