LD TRAINING LIMITED

THE WHITE BUILDING, 1-4 CUMBERLAND PLACE, SOUTHAMPTON, SO15 2NP

Previous name: LEARNDIRECT TRAINING LIMITED (changed on 19-Aug-2020)
Previous name: LEARNDIRECT LIMITED (changed on 27-Feb-2020)
Previous name: UFI LIMITED (changed on 24-Apr-2012)

Company Number: 03980770
Incorporation date: 19-Apr-2000
Status: Liquidation
Entity type: Private Limited Company

SIC codes:
85410 Post-secondary non-tertiary education





SUMMARY

This company is 24 years old and is currently liquidation. It is controlled by multiple entities. The company has negative equity (net assets) of GBP -9.3 million but has improved from GBP -14.2 million in the previous year. Retained earnings is negative (GBP -54.3 million), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 4 active officers (directors or partners) who are or were officers of 27 other companies, 10 (37.0%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There is one court case involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 27-Jan-2023
Accounts Filed: SMALL (27-Apr-2021)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
27-Apr-2021 GBP 4,838,695
27-Apr-2020 GBP -861,628
27-Apr-2019 GBP 23,827 -1,805 -332 -1,980
28-Apr-2018 GBP 138,061,000 -31,850,000 4,737,000 -36,586,000
31-Jan-2017 GBP 203,596,000 -22,240,000 884,000
31-Jul-2015 GBP 171,289,000 6,058,000 3,110,000 1,320,000 1,628,000
31-Jul-2014 GBP 177,781,000 5,739,000 967,000 2,043,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
27-Apr-2021 GBP 19,459 433,089 9,026,922 50,430 103 44,997,450 -54,343,367 -9,345,814
27-Apr-2020 GBP 233,422 3,757,722 17,000,675 128,911 103 44,997,450 -59,182,062 -14,184,509
27-Apr-2019 GBP 999 5,624 -17,874 103 44,997,450 -58,320,434 -13,322,881
28-Apr-2018 GBP 2,080,000 22,967,000 78,677,000 608,000
31-Jan-2017 GBP 1,052,000 27,366,000 23,593,000 -19,754,000 -19,754,000
31-Jul-2015 GBP 5,005,000 38,372,000 35,401,000 47,801,000 7,223,000 7,223,000
31-Jul-2014 GBP 3,520,000 51,360,000 93,818,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
27-Apr-2019 GBP 100.00% 44,997,553 0 44,997,553 21,762,277
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Resigned Lesley Ruth WARD 28 Jun 2001 15 May 2015 0 - 3
Resigned Anne Marie PIPER 19 Apr 2000 28 Jun 2001 1 - 30

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Charles Richard RIGBY 27 Jan 2022 Director British 2 - 74 (44.4%)
Active Pamela Mary RAE-WELSH 27 Jan 2022 Director British 5 - 810 (76.9%)
Active Andrew NIEDZWIECKI 27 Jan 2022 Director British 4 - 1011 (78.6%)
Active Ian Stuart FINLAY 27 Jan 2022 Director British 11 - 25 (38.5%)
Resigned Wayne JANSE VAN RENSBURG 23 Jun 2018 27 Jan 2022 Director British 2 - 159 (52.9%)
Resigned Andrew Richard Alexander PALMER 01 Feb 2017 14 Dec 2019 Group Chief Executive British 0 - 65 (83.3%)
Resigned John Philip DEWHIRST 01 Feb 2017 31 May 2017 Group Cfo British 1 - 204 (19.0%)
Resigned Simon Mark Peter ADCOCK 28 May 2015 23 Jun 2018 None British 0 - 32 (66.7%)
Resigned Andrew MCMURREY 06 Aug 2014 28 May 2015 None British 0 - 11 (100.0%)
Resigned Kenneth Cumming HILLS 06 Aug 2014 23 Jun 2018 Company Director British 1 - 2214 (60.9%)
Resigned Tracie Rose GREENHALGH 04 Jul 2014 15 Aug 2017 None British 0 - 66 (100.0%)
Resigned Wayne BEEDLE 12 Mar 2014 06 Aug 2014 None British 26 - 689 (9.6%)
Resigned James Robert CHAMBERS 22 Jan 2014 10 Apr 2017 None British 1 - 1910 (50.0%)
Resigned Roger Kenneth PEACE 04 Oct 2011 31 May 2016 Chartered Accountant British 3 - 2613 (44.8%)
Resigned Dereth WOOD 04 Oct 2011 01 Aug 2017 None British 0 - 11 (100.0%)
Resigned Gillian Elizabeth CRAVEN 04 Oct 2011 01 Aug 2017 Director Of Service Development British 0 - 11 (100.0%)
Resigned Heulwen Jane WILLIAMS 26 Nov 2007 16 Jun 2011 Independent Adviser British 0 - 32 (66.7%)
Resigned Kelly Kristine BROUGH 26 Nov 2007 04 Oct 2011 Global Online Director British 0 - 43 (75.0%)
Resigned William Brian TURTLE 26 Nov 2007 10 Nov 2008 Director And Ceo British 0 - 91 (11.1%)
Resigned James Crawford CROOKS 14 Dec 2006 26 Sep 2007 College Principal British 0 - 21 (50.0%)
Resigned Carmel Teresa FLATLEY 14 Dec 2006 04 Oct 2011 Senior Executive American 1 - 42 (40.0%)
Resigned Raymond George Lennie BARNES 14 Dec 2006 04 Oct 2011 Business Consultant British 0 - 21 (50.0%)
Resigned Linda Margaret BOOTH 22 Nov 2005 04 Oct 2011 Hr Consultant British 0 - 94 (44.4%)
Resigned Donald Mackenzie CLARK 28 Sep 2005 04 Oct 2011 Consultant British 2 - 186 (30.0%)
Resigned Brynley John DAVIES 09 Feb 2005 04 Oct 2011 Principal British 1 - 145 (33.3%)
Resigned Sarah Elizabeth JONES 09 Feb 2005 06 Aug 2014 Board Director British 0 - 138 (61.5%)
Resigned Thomas WILSON 18 Dec 2003 20 Jan 2010 Tu Official British 0 - 32 (66.7%)
Resigned Anthony William, Lord HALL 11 Sep 2003 11 Sep 2006 Chief Exec Rch British 2 - 265 (17.9%)
Resigned John Pix WESTON 01 Jun 2003 04 Oct 2011 Director British 1 - 3914 (35.0%)
Resigned Sarah Virginia BRINTON 01 Mar 2003 16 Jun 2011 Director British 3 - 156 (33.3%)
Resigned George, Sir SWEENEY 01 Mar 2003 01 Mar 2009 College Principal British 0 - 137 (53.8%)
Resigned David Stuart FROST 01 Mar 2003 04 Oct 2011 Economist British 0 - 367 (19.4%)
Resigned Frances Lorraine O'GRADY 01 Jun 2002 11 Jul 2003 Trade Union Official British 0 - 83 (37.5%)
Resigned Nicholas Willoughby STUART 01 Oct 2001 31 Dec 2007 Retired British 2 - 129 (64.3%)
Resigned William Samuel Huw EVANS 01 Jul 2001 22 Oct 2004 College Principal British 0 - 51 (20.0%)
Resigned Margaret Dolores, Professor O REILLY 01 Jan 2001 01 Jan 2007 University Professor Irish 0 - 21 (50.0%)
Resigned Robert Harold, Professor FRYER 01 Jun 2000 26 Sep 2002 University Prof British 0 - 74 (57.1%)
Resigned Sonia Helen REYNOLDS 26 May 2000 30 Jun 2001 Education Research & Developme British 1 - 83 (33.3%)
Resigned Ian Alistair, Dr JOHNSTON 26 May 2000 02 May 2003 University Administrator British 0 - 62 (33.3%)
Resigned David Martin, Sir BROWN 26 May 2000 30 Jun 2003 Engineer British 1 - 173 (16.7%)
Resigned Ann Geraldine, Dame LIMB 26 May 2000 30 Jun 2004 Chief Executive Ufi Ltd British 5 - 3913 (29.5%)
Resigned Gertrude Frances HENDRIX 26 May 2000 30 Jun 2004 Company Director And Company S British 0 - 61 (16.7%)
Resigned Roger LYONS 26 May 2000 01 Jun 2002 General Secretary British 0 - 73 (42.9%)
Resigned Aideen, Dr MCGINLEY 26 May 2000 31 Dec 2000 Civil Servant Northern Irish 1 - 51 (16.7%)
Resigned John Sagar, Sir DANIEL 26 May 2000 31 Mar 2001 University Administrator British 0 - 95 (55.6%)
Resigned Tahir Mohammed MOHSAN 26 May 2000 16 Dec 2004 Company Director British 0 - 3729 (78.4%)
Resigned Margaret SALMON 26 May 2000 29 Jun 2005 Non Executive Director British 1 - 155 (31.3%)
Resigned Herbert Anthony CANN 26 May 2000 24 Mar 2008 Textile Technologist British 20 - 3311 (20.8%)
Resigned Anthony Armitage, Sir GREENER 26 May 2000 30 Jun 2004 Chairman British 0 - 213 (14.3%)
Resigned Anne Margaret, Dr. WRIGHT 19 Apr 2000 31 Jul 2002 Educational Consultant British 1 - 42 (40.0%)
Resigned Ronald Ernest, Lord DEARING 19 Apr 2000 31 May 2000 Chairman British 0 - 155 (33.3%)
Number of active directors: 4
Average tenure of active directors: 2.2 years
Average tenure of resigned directors: 4.0 years
Average active director Dissolution Rate: 59.6%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
BON VOYAGE TRAVEL & TOURS LIMITED (01464578) - Active
JHP GROUP LIMITED (01729661) - Active - Proposal to Strike off
THE CHALLENGER TRUST (03498961) - Active
DIMENSIONS TRAINING SOLUTIONS LIMITED (03640526) - Liquidation
LD TRAINING LIMITED (03980770) - Liquidation
THE ARTISAN TRAVEL COMPANY LIMITED (04482022) - Active
DIMENSIONS GROUP HOLDINGS LIMITED (04623401) - Active - Proposal to Strike off
ACTIVITIES ABROAD LIMITED (05208048) - Active
AFRICA AND BEYOND LIMITED (06044198) - Active
PADDLE GATE MANAGEMENT COMPANY 2008 LIMITED (06726133) - Active
CONTOUR EDUCATION SERVICES LIMITED (07135901) - Active
PIMCO 2909 LIMITED (07765559) - Active - Proposal to Strike off
LEARNDIRECT CENTRES LIMITED (07970684) - Active - Proposal to Strike off
CHALLENGER TRUST ENTERPRISES LTD (08058459) - Active
THE CHALLENGER MULTI ACADEMY TRUST (09270040) - Active
DIMENSIONS HAIRDRESSING TRAINING (YORKSHIRE) LIMITED (09528382) - Active - Proposal to Strike off
DEARING LIMITED (10035864) - Active - Proposal to Strike off
ETTAIN LIMITED (10626793) - Active - Proposal to Strike off
WORSLEY GIN LTD (10782771) - Active
THE ARTISAN TRAVEL GROUP LTD (11296234) - Active
BRIDGEWATER GIN LIMITED (11502643) - Active - Proposal to Strike off
WORSLEY CREATIVE SERVICES LIMITED (11527794) - Active
GROWTHSET LTD (11952820) - Dissolved
THE FIREBIRD PARTNERSHIP LIMITED (12631992) - Active
DIMENSIONS TRAINING TOPCO LIMITED (13792236) - Active
ONLINE VISIBILITY CO LTD (14145344) - Active
MAGNUM QUINQUE LIMITED (14975368) - Active
THE ARTISAN TRAVEL HOLDING LIMITED (15000152) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2019-04-192016-04-192015-04-192014-04-192013-04-19
PIMCO 2909 LIMITEDORDINARY102
100%
100
100%
100
100%
100
100%
100
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

LD TRAINING LIMITED

Controlled companies below

LATE PAYMENTS REPORT


Start date End date Average days to pay % invoices paid over 60 days % invoices not paid within agreed terms Gov.uk report
2018-11-01 2019-04-30 31 10% 66% 22550
2018-05-01 2018-10-31 41 13% 61% 9314


COURT CASES


Date Title Reference Subject
2018-02-16 Mr T Richards and Others v Learndirect Ltd [2018] UKET 2601782/2017 Unlawful Deduction from Wages

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 85410 Post-secondary non-tertiary education)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
LEARNDIRECT LIMITED THE WHITE BUILDING, 1-4 CUMBERLAND PLACE, SOUTHAMPTON, SO15 2NP 03980770 2017-01-31 203,596,000 -26,466,000
UNIVERSITY OF THE HIGHLANDS AND ISLANDS UHI HOUSE OLD PERTH ROAD, RAIGMORE, INVERNESS, SCOTLAND, IV2 3JH SC148203 2018-07-31 110,187,000 -3,953,000 85421-First-degree level higher education
85422-Post-graduate level higher education
85590-Other education not elsewhere classified
NATIONAL STAR FOUNDATION ULLENWOOD MANOR, CHELTENHAM, GL53 9QU 00522846 2013-07-31 13,260,703 477,916 85590-Other education not elsewhere classified
87900-Other residential care activities not elsewhere classified
LEARNING REPUBLIC GROUP LTD 20-22 WENLOCK ROAD, LONDON, ENGLAND, N1 7GU 10300294 2018-10-31 642,060 0
THE LEARNING COMMUNITY LIMITED BANK HOUSE 88-90 LAUGHTON ROAD, DINNINGTON, SHEFFIELD, S25 2PS 04669130 2018-09-30 88,695 0 85600-Educational support services
ANNE CAULTON-JONES LIMITED 17 BELLE VUE AVENUE, RIPLEY, DERBYSHIRE, DE5 8JQ 04668604 2019-01-31 88,295 0
MCPHERSON EDUCATION LIMITED EXCEL HOUSE, 312, HIGH ROAD, LONDON, MIDDLESEX, N15 4BN 09126215 2017-07-31 78,540 0 85520-Cultural education
SALUGEN LIMITED EASTER BUCHAT, GLENBUCHAT, STRATHDON, ABERDEENSHIRE, SCOTLAND, AB36 8TQ SC487249 2019-03-31 51,405 0 85590-Other education not elsewhere classified
86900-Other human health activities
88990-Other social work activities without accommodation not elsewhere classified
EMERALD CARE AND TRAINING CONSULTANTS LTD 39 ENGLAND, HAWKINS ROAD, LONDON, ENGLAND, NW10 9RD 09538542 2018-04-30 32,924 0 86102-Medical nursing home activities
87900-Other residential care activities not elsewhere classified
FIREMANIA LTD 84 LAMBERTS FIELD, BOURTON-ON-THE-WATER, CHELTENHAM, GLOUCESTERSHIRE, GL54 2EH 08631854 2019-06-30 18,190 0
INDEPENDENT COLLEGE OF LONDON LTD CHALLENGE HOUSE, 616 MITCHAM ROAD, CROYDON, ENGLAND, CR0 3AA 08067555 2017-05-31 15,265 0
LONDON CAPITAL COMPUTER COLLEGE LIMITED 86-90 PAUL STREET, LONDON, EC2A 4NE 03267009 2018-10-31 13,529 0
THE JOURNALISM SCHOOL LIMITED SPACE, 129 -131 MARE STREET, LONDON, ENGLAND, E8 3RH 07862032 2018-05-31 11,442 0
KRH LANGUAGE CENTRE LIMITED KATHLEEN HENDERSON, 11 CRAIGIEVAR GARDENS, KIRKCALDY, FIFE, KY2 5SD SC422284 2018-05-04 9,175 0
THE REP COLLEGE LIMITED 17 ST. MARYS AVENUE, PURLEY ON THAMES, READING, RG8 8BJ 03901526 2018-07-31 7,427 0
BUSINESS & COMPUTING EXAMINATIONS (BCE) LIMITED 3RD FLOOR, 207 REGENT STREET, LONDON, W1B 3HH 03993276 2018-05-31 7,360 0
DANIEL GRAHAM TUTORING LIMITED 6 NORWOOD GROVE, BIRKENSHAW, UNITED KINGDOM, BD11 2NP 09920910 2018-12-31 6,551 0
ORCHID EDUCATION &TRAINING SERVICES LTD 103 HOLLOWAY ROAD, HEYBRIDGE, MALDON, ENGLAND, CM9 4SW 09211939 2017-09-30 6,233 0 85600-Educational support services
90030-Artistic creation
EASTWOOD ASSOCIATES LIMITED 37 KINGSWOOD GARDENS, LEEDS, UNITED KINGDOM, LS8 2BH 09933074 2017-12-31 4,883 0
BARNET TRAINING AND TUTORIAL CENTRE LTD. 35 PAGEANT AVENUE, LONDON, MIDDLESEX, NW9 5LQ 08219197 2018-09-30 4,539 0
AYS TRAINING SOLUTIONS LIMITED 340 HUNGERFORD ROAD, CREWE, CHESHIRE, UNITED KINGDOM, CW1 6HD 09948785 2018-01-31 4,500 0 85590-Other education not elsewhere classified
93199-Other sports activities
FIRE RISK MANAGEMENT LIMITED 42 THE SPINNEY, MARLOW HILL, HIGH WYCOMBE, BUCKS, HP11 1QE 03904474 2018-03-31 2,520 0
LEADERS IN TRAINING LTD ROWAN OAKS SCHOOL STREET, OAKWOOD, PONTRHYDYFEN, NEATH PORT TALBOT, WALES, SA12 9SZ 09524671 2018-04-30 2,493 0 85590-Other education not elsewhere classified
HEALTHY GROWTH INITIATIVE LIMITED 42 MIDDLETON, COWLING, KEIGHLEY, NORTH YORKSHIRE, ENGLAND, BD22 0DQ 10207529 2018-05-31 2,389 0
FIGMENT CREATIVE EXPRESSION LTD. 4 BORROWS GATE, STIRLING, FK9 5GQ SC409017 2018-10-31 1,687 0 85520-Cultural education
85600-Educational support services
90030-Artistic creation
M C D S LIMITED 9 CRAIGNEIL DRIVE, PRESTWICK, SCOTLAND, KA9 1LZ SC210833 2018-09-30 1,099 0
HJW ACADEMY LTD MARLBOROUGH HOUSE, HIGH STREET, HARTLEY WHITNEY HAMPSHIRE, UNITED KINGDOM, RG27 8NY 09746775 2018-12-31 0 0
WALNUT CARE TRAINING LTD WALNUT COTTAGE COPPING SYKE, LANGRICK, BOSTON, LINCOLNSHIRE, PE22 7AP 07665251 2018-06-30 0 0
ENTERPRISE LDN LTD 278-280 SOUTH LAMBETH ROAD, LONDON, SW8 1UJ 07967472 2017-07-31 -200 0

LIQUIDATION RISK (BETA)



This company is Liquidation. Statistically, such companies have a VERY HIGH probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
Company status 100.0% 99.4% 99.9% High
Other companies Active in the same sector Too few competitors
Age 0.3% 1.3% 2.4% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.5% 1.5% 2.8% Medium
Accounting Month 1.8% 3.8% 7.0% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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