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LD TRAINING LIMITED
THE WHITE BUILDING, 1-4 CUMBERLAND PLACE, SOUTHAMPTON, SO15 2NPPrevious 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-2023Accounts 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 |
** Estimated based on average Cash and Debt levels during period
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY 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 - 7 | 4 (44.4%) | |
Active | Pamela Mary RAE-WELSH | 27 Jan 2022 | Director | British | 5 - 8 | 10 (76.9%) | |
Active | Andrew NIEDZWIECKI | 27 Jan 2022 | Director | British | 4 - 10 | 11 (78.6%) | |
Active | Ian Stuart FINLAY | 27 Jan 2022 | Director | British | 11 - 2 | 5 (38.5%) | |
Resigned | Wayne JANSE VAN RENSBURG | 23 Jun 2018 | 27 Jan 2022 | Director | British | 2 - 15 | 9 (52.9%) |
Resigned | Andrew Richard Alexander PALMER | 01 Feb 2017 | 14 Dec 2019 | Group Chief Executive | British | 0 - 6 | 5 (83.3%) |
Resigned | John Philip DEWHIRST | 01 Feb 2017 | 31 May 2017 | Group Cfo | British | 1 - 20 | 4 (19.0%) |
Resigned | Simon Mark Peter ADCOCK | 28 May 2015 | 23 Jun 2018 | None | British | 0 - 3 | 2 (66.7%) |
Resigned | Andrew MCMURREY | 06 Aug 2014 | 28 May 2015 | None | British | 0 - 1 | 1 (100.0%) |
Resigned | Kenneth Cumming HILLS | 06 Aug 2014 | 23 Jun 2018 | Company Director | British | 1 - 22 | 14 (60.9%) |
Resigned | Tracie Rose GREENHALGH | 04 Jul 2014 | 15 Aug 2017 | None | British | 0 - 6 | 6 (100.0%) |
Resigned | Wayne BEEDLE | 12 Mar 2014 | 06 Aug 2014 | None | British | 26 - 68 | 9 (9.6%) |
Resigned | James Robert CHAMBERS | 22 Jan 2014 | 10 Apr 2017 | None | British | 1 - 19 | 10 (50.0%) |
Resigned | Roger Kenneth PEACE | 04 Oct 2011 | 31 May 2016 | Chartered Accountant | British | 3 - 26 | 13 (44.8%) |
Resigned | Dereth WOOD | 04 Oct 2011 | 01 Aug 2017 | None | British | 0 - 1 | 1 (100.0%) |
Resigned | Gillian Elizabeth CRAVEN | 04 Oct 2011 | 01 Aug 2017 | Director Of Service Development | British | 0 - 1 | 1 (100.0%) |
Resigned | Heulwen Jane WILLIAMS | 26 Nov 2007 | 16 Jun 2011 | Independent Adviser | British | 0 - 3 | 2 (66.7%) |
Resigned | Kelly Kristine BROUGH | 26 Nov 2007 | 04 Oct 2011 | Global Online Director | British | 0 - 4 | 3 (75.0%) |
Resigned | William Brian TURTLE | 26 Nov 2007 | 10 Nov 2008 | Director And Ceo | British | 0 - 9 | 1 (11.1%) |
Resigned | James Crawford CROOKS | 14 Dec 2006 | 26 Sep 2007 | College Principal | British | 0 - 2 | 1 (50.0%) |
Resigned | Carmel Teresa FLATLEY | 14 Dec 2006 | 04 Oct 2011 | Senior Executive | American | 1 - 4 | 2 (40.0%) |
Resigned | Raymond George Lennie BARNES | 14 Dec 2006 | 04 Oct 2011 | Business Consultant | British | 0 - 2 | 1 (50.0%) |
Resigned | Linda Margaret BOOTH | 22 Nov 2005 | 04 Oct 2011 | Hr Consultant | British | 0 - 9 | 4 (44.4%) |
Resigned | Donald Mackenzie CLARK | 28 Sep 2005 | 04 Oct 2011 | Consultant | British | 2 - 18 | 6 (30.0%) |
Resigned | Brynley John DAVIES | 09 Feb 2005 | 04 Oct 2011 | Principal | British | 1 - 14 | 5 (33.3%) |
Resigned | Sarah Elizabeth JONES | 09 Feb 2005 | 06 Aug 2014 | Board Director | British | 0 - 13 | 8 (61.5%) |
Resigned | Thomas WILSON | 18 Dec 2003 | 20 Jan 2010 | Tu Official | British | 0 - 3 | 2 (66.7%) |
Resigned | Anthony William, Lord HALL | 11 Sep 2003 | 11 Sep 2006 | Chief Exec Rch | British | 2 - 26 | 5 (17.9%) |
Resigned | John Pix WESTON | 01 Jun 2003 | 04 Oct 2011 | Director | British | 1 - 39 | 14 (35.0%) |
Resigned | Sarah Virginia BRINTON | 01 Mar 2003 | 16 Jun 2011 | Director | British | 3 - 15 | 6 (33.3%) |
Resigned | George, Sir SWEENEY | 01 Mar 2003 | 01 Mar 2009 | College Principal | British | 0 - 13 | 7 (53.8%) |
Resigned | David Stuart FROST | 01 Mar 2003 | 04 Oct 2011 | Economist | British | 0 - 36 | 7 (19.4%) |
Resigned | Frances Lorraine O'GRADY | 01 Jun 2002 | 11 Jul 2003 | Trade Union Official | British | 0 - 8 | 3 (37.5%) |
Resigned | Nicholas Willoughby STUART | 01 Oct 2001 | 31 Dec 2007 | Retired | British | 2 - 12 | 9 (64.3%) |
Resigned | William Samuel Huw EVANS | 01 Jul 2001 | 22 Oct 2004 | College Principal | British | 0 - 5 | 1 (20.0%) |
Resigned | Margaret Dolores, Professor O REILLY | 01 Jan 2001 | 01 Jan 2007 | University Professor | Irish | 0 - 2 | 1 (50.0%) |
Resigned | Robert Harold, Professor FRYER | 01 Jun 2000 | 26 Sep 2002 | University Prof | British | 0 - 7 | 4 (57.1%) |
Resigned | Sonia Helen REYNOLDS | 26 May 2000 | 30 Jun 2001 | Education Research & Developme | British | 1 - 8 | 3 (33.3%) |
Resigned | Ian Alistair, Dr JOHNSTON | 26 May 2000 | 02 May 2003 | University Administrator | British | 0 - 6 | 2 (33.3%) |
Resigned | David Martin, Sir BROWN | 26 May 2000 | 30 Jun 2003 | Engineer | British | 1 - 17 | 3 (16.7%) |
Resigned | Ann Geraldine, Dame LIMB | 26 May 2000 | 30 Jun 2004 | Chief Executive Ufi Ltd | British | 5 - 39 | 13 (29.5%) |
Resigned | Gertrude Frances HENDRIX | 26 May 2000 | 30 Jun 2004 | Company Director And Company S | British | 0 - 6 | 1 (16.7%) |
Resigned | Roger LYONS | 26 May 2000 | 01 Jun 2002 | General Secretary | British | 0 - 7 | 3 (42.9%) |
Resigned | Aideen, Dr MCGINLEY | 26 May 2000 | 31 Dec 2000 | Civil Servant | Northern Irish | 1 - 5 | 1 (16.7%) |
Resigned | John Sagar, Sir DANIEL | 26 May 2000 | 31 Mar 2001 | University Administrator | British | 0 - 9 | 5 (55.6%) |
Resigned | Tahir Mohammed MOHSAN | 26 May 2000 | 16 Dec 2004 | Company Director | British | 0 - 37 | 29 (78.4%) |
Resigned | Margaret SALMON | 26 May 2000 | 29 Jun 2005 | Non Executive Director | British | 1 - 15 | 5 (31.3%) |
Resigned | Herbert Anthony CANN | 26 May 2000 | 24 Mar 2008 | Textile Technologist | British | 20 - 33 | 11 (20.8%) |
Resigned | Anthony Armitage, Sir GREENER | 26 May 2000 | 30 Jun 2004 | Chairman | British | 0 - 21 | 3 (14.3%) |
Resigned | Anne Margaret, Dr. WRIGHT | 19 Apr 2000 | 31 Jul 2002 | Educational Consultant | British | 1 - 4 | 2 (40.0%) |
Resigned | Ronald Ernest, Lord DEARING | 19 Apr 2000 | 31 May 2000 | Chairman | British | 0 - 15 | 5 (33.3%) |
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
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date | ||||
---|---|---|---|---|---|---|
2019-04-19 | 2016-04-19 | 2015-04-19 | 2014-04-19 | 2013-04-19 | ||
PIMCO 2909 LIMITED | ORDINARY | 102 100% | 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
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 |