Planet Education Networks Ltd
Registered name: PLANET EDUCATION NETWORKS LTD
Part of Pen Group Holdings Limited groupPlanet Education Networks Ltd made £79.5m revenue and £18.9m profit in the year to 31 Aug 2024. read from filing text
Planet Education Networks Ltd’s revenue grew 139% to £79.5m in the year to 31 Aug 2024, with £18.9m profit and 661 employees. The company is classified under “other education” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 4 yrs · since 2022
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Aug 2023 | 31 Aug 2024 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £33.3m | £79.5m |
| Cost of sales | £2.3m | £16.9m |
| Gross profit | £31m | £62.6m |
| Operating profit | £15.5m | £25.7m |
| Profit before tax | £15.4m | £25.3m |
| Profit after tax | £12.1m | £18.9m |
| Profit (best available) | £12.1m | £18.9m |
| Employees (average) | 311 | 661 |
| Ratios | ||
| Profit margin | 36.5% | 23.8% |
| Gross margin | 93.2% | 78.8% |
| Revenue per employee | £107k | £120k |
| Profit per employee | £39k | £28.6k |
| Growth (year on year) | ||
| Revenue growth | — | ▲138.9% |
| Profit growth | — | ▲55.8% |
| Headcount growth | — | ▲112.5% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £10.6m | £15.3m |
| Net assets | £2.1m | £28m |
| Fixed assets | £6.7m | £13.4m |
| Current assets | £15.6m | £37.5m |
| Debtors | £0 | £8.7m |
| Deferred income | £1.1m | £3.2m |
| Source | Accounts · bulk data Aug 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 23.8%
- Profit ÷ revenue.
- Gross margin
- 78.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £120k
- Revenue ÷ average employees.
- Profit per employee
- £28.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 16.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 4.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 10.9%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲1224%
- Now £28m
- Cash at bank
- ▲44%
- Now £15.3m
- Headcount
- ▲113%
- Now 661
- Deferred income
- ▲185%
- Now £3.2m
- Fixed assets
- ▲101%
- Now £13.4m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Pen Group Holdings Limitedultimate parent75–100%
- Planet Education Networks Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (5)
- Elizabeth School of London LimitedRev. £103m · Profit £9.2m
- Zenith Academy of Healthcare Studies LtdRev. £13.5m · Profit £2.6m
- William College LtdRev. £6.3m · Profit £786k
- London Professional College LtdRev. £1.4m · Profit £141k
- Victoria College of Arts and Design LimitedRev. £865k · Profit £883k
Sister companies (1)
- Pen UK Holdings LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- Profit
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- Skyborne Aviation Training LimitedCheltenham · Other education n.e.c.
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- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Aug 2024 (profit £18.9m), from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.
Updated from Companies House on 12 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.