Innisfree Schools (Secondary) Limited
Activities of other holding companies n.e.c. · Swanley
ActiveUnited KingdomIncorporated 2013Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
£23,529,000
Cash
£1,284,000
Turnover
£4,430,000
Profit / loss
−£3,234,000
Current assets
£1,869,000
Creditors < 1 year
£833,000
Equity
£23,529,000
Average employees
Not available
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-31Company · AI-read | 2024-12-31Company · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | £23,529,000 | £28,079,000 |
| Equity | £23,529,000 | £28,079,000 |
| Share capital | £1,000 | £1,000 |
| Retained earnings | £35,899,000 | £35,897,000 |
| Assets | ||
| Fixed assets | £48,131,000 | £53,308,000 |
| Investments | £48,131,000 | £53,308,000 |
| Current assets | £1,869,000 | £1,949,000 |
| Cash at bank | £1,284,000 | £1,296,000 |
| Debtors | £585,000 | £653,000 |
| Liabilities | ||
| Creditors within one year | £833,000 | £914,000 |
| Creditors after one year | £25,638,000 | £26,264,000 |
| Bank loans & overdrafts | £25,638,000 | £26,264,000 |
| Net current assets | £1,036,000 | £1,035,000 |
| Assets less current liabilities | £49,167,000 | £54,343,000 |
| Profit & loss | ||
| Turnover | £4,430,000 | £6,286,000 |
| Administrative expenses | £39,000 | £106,000 |
| Operating profit | −£3,272,000 | −£2,578,000 |
| Interest receivable | £38,000 | £41,000 |
| Interest payable | £3,111,000 | £3,233,000 |
| Profit before tax | −£3,234,000 | −£2,537,000 |
| Profit / loss | −£3,234,000 | −£2,537,000 |
| Dividends | £1,316,000 | £3,294,000 |
| Operating costs | ||
| Audit fees | £39,000 | £38,000 |
| Cash flow | ||
| Cash from operations | £1,267,000 | £3,123,000 |
| Net debt | −£24,354,000 | — |
| People & pay | ||
| Directors' remuneration | £1,000,000 | £1,000,000 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Clean (unmodified)
- Immediate parent
- Innisfree PFI Secondary Fund
- Ultimate parent
- Innisfree PFI Secondary Fund
- Ultimate controlling party
- David Antony Metter Settlement
- Accounts
- FRS 102
- Approved
- 2026-06-25, signed by D.J. Burton
Subsidiaries (8)
- Modern Schools (Barnsley) Holdings Limited · 100% · United Kingdom; 8 White Oak Square, London Road, Swanley, Kent, BR8 7AG · Holding Company
- Modern Schools (Barnsley) Limited · 100% · United Kingdom; 8 White Oak Square, London Road, Swanley, Kent, BR8 7AG · PFI concession company
- Modern Schools (Exeter) Holdings Limited · 100% · United Kingdom; 8 White Oak Square, London Road, Swanley, Kent, BR8 7AG · Holding Company
- Modern Schools (Exeter) Limited · 100% · United Kingdom; 8 White Oak Square, London Road, Swanley, Kent, BR8 7AG · PFI concession company
- Transform Schools (Bassetlaw) Holdings Limited · 100% · United Kingdom; 8 White Oak Square, London Road, Swanley, Kent, BR8 7AG · Holding Company
- Transform Schools (Bassetlaw) Limited · 100% · United Kingdom; 8 White Oak Square, London Road, Swanley, Kent, BR8 7AG · PFI concession company
- Transform Schools (Birmingham) Holdings Limited · 100% · United Kingdom; 8 White Oak Square, London Road, Swanley, Kent, BR8 7AG · Holding Company
- Transform Schools (Birmingham) Limited · 100% · United Kingdom; 8 White Oak Square, London Road, Swanley, Kent, BR8 7AG · PFI concession company
Turnover by segment (6)
- Dividend income: 2,274 (000s) (2025-12-31)
- Dividend income: 3,775 (000s) (2024-12-31)
- Interest income: 2,156 (000s) (2025-12-31)
- Interest income: 2,511 (000s) (2024-12-31)
- United Kingdom: 4,430 (000s) (2025-12-31)
- United Kingdom: 6,286 (000s) (2024-12-31)
Related parties (6)
- Innisfree PFI Secondary Fund · Beneficial owner of 66% of the Company's share capital; immediate and ultimate parent entity · Unsecured loan stock owed jointly with Innisfree PFI Secondary Fund 2 LP · £25,638,000
- Innisfree PFI Secondary Fund 2 LP · Beneficial owner of 34% of the Company's share capital · Unsecured loan stock owed jointly with Innisfree PFI Secondary Fund · £25,638,000
- Innisfree PFI Secondary Fund and Innisfree PFI Secondary Fund 2 LP · Beneficial owners · Accrued but unpaid interest on unsecured loan stock · £775,000
- Underlying portfolio companies · Investee companies · Dividends received during the year · £2,274,000
- Underlying portfolio companies · Investee companies · Interest received during the year · £2,224,000
- Underlying portfolio companies · Investee companies · Interest receivable on debt investments · £585,000
Borrowings (1)
- Unsecured loan stock · 25,638 (000s) · Fixed interest at 12%, payable semi-annually in arrears on 31 March and 30 September · Repayable at par on 31 December 2034 unless the Company and the note holders agree to earlier repayment dates · secured on Unsecured
Share classes (1)
- 100,500 Ordinary of £0.01
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
0 outstanding chargesNo charges available in our records.