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MANAGEMENT & TRAINING CORPORATION LIMITED
6-9 SNOW HILL, LONDON, EC1A 2AYPrevious name: MTCNOVO LTD (changed on 08-Feb-2019)
Company Number: 09284837
Incorporation date: 28-Oct-2014
Status: Active
Company type: Private Limited Company
SIC codes:
84230 Justice and judicial activities
SUMMARY
This company is 9.1 years old and is currently active. It is controlled by multiple entities. The latest reported revenue figure is GBP 94 million which is down -10% on the previous year. Retained earnings is negative (GBP -6.3 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 3 active officers (directors or partners) who are or were officers of 24 other companies, 7 (29.2%) 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 are no court cases involving the company that we are aware of.FINANCIALS (BETA)
Next accounts due: 30-Sep-2024Accounts Filed: FULL (31-Dec-2022)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
31-Dec-2018 | GBP | 93,960,000 | 564,000 | 103,000 | 165,000 | ||
31-Dec-2017 | GBP | 99,838,000 | 4,857,000 | 464,000 | 853,000 | 3,540,000 | |
31-Dec-2016 | GBP | 99,212,000 | 2,665,000 | 583,000 | 522,000 | 1,560,000 | |
31-Dec-2015 | GBP | 9,352,300 | 831,600 | 33,600 | 171,400 | 626,500 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-Dec-2018 | GBP | 12,193,000 | 19,442,000 | 22,680,000 | 10,000,000 | -6,327,000 | |||
31-Dec-2017 | GBP | 798,000 | 12,105,000 | 2,598,000 | 20,000,000 | -3,547,000 | |||
31-Dec-2016 | GBP | 2,784,000 | 20,337,000 | 14,000 | 14,000 | 15,000 | -84,000 | ||
31-Dec-2015 | GBP | 18,411,000 | 48,585,000 | 22,816,000 | 20,000,000 |
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
---|---|---|---|---|---|---|
Resigned | Aoife Marie, Dr MCGUINNESS | 09 Jan 2019 | 18 Mar 2022 | 0 - 1 | ||
Resigned | HERARD SECRETARIAT SERVICES LIMITED | 19 Nov 2014 | 09 Jan 2019 | 70 - 104 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Daniel Blake MARQUARDT | 27 Jul 2023 | President | American | 1 - 0 | 0 (0.0%) | |
Active | Ian Fisher MULHOLLAND | 25 Apr 2022 | Group Managing Director | British | 5 - 20 | 8 (32.0%) | |
Resigned | David HOOD | 29 Jun 2020 | 25 Apr 2022 | Vice President Of International Business | British | 0 - 8 | 1 (12.5%) |
Resigned | Amanda Lucia FISHER | 27 Jul 2018 | 09 Jan 2019 | Managing Director | British | 0 - 27 | 1 (3.7%) |
Resigned | Richard James WARD | 28 Apr 2017 | 09 Jan 2019 | Finance Director | British | 0 - 18 | 2 (11.1%) |
Resigned | Margaret Mary SEEAR | 28 Apr 2017 | 18 May 2018 | Business Director | British | 2 - 7 | 1 (11.1%) |
Resigned | Asif GHAFOOR | 01 Aug 2016 | 09 Jan 2019 | Director | British | 1 - 80 | 6 (7.4%) |
Resigned | Asif GHAFOOR | 01 Aug 2016 | 09 Jan 2019 | Director | British | 0 - 80 | 6 (7.5%) |
Resigned | Margaret Mary SEEAR | 01 Aug 2016 | 28 Apr 2017 | Business Director | British | 2 - 7 | 1 (11.1%) |
Resigned | Ian Harry DENINSON | 18 Dec 2015 | 16 Mar 2018 | Group Hr Director | British | 2 - 12 | 0 (0.0%) |
Resigned | Mark Andrew CARROL | 11 Dec 2015 | 30 Apr 2016 | Finance Director | British | 5 - 4 | 1 (11.1%) |
Resigned | Bernard WARNER | 01 Dec 2015 | 29 Jun 2020 | Administrator | American | 0 - 1 | 0 (0.0%) |
Resigned | Gillian DUGGAN | 19 Nov 2014 | 30 Apr 2016 | Company Director | British | 0 - 19 | 10 (52.6%) |
Resigned | Lyle J PARRY | 19 Nov 2014 | 19 Mar 2020 | None | American | 0 - 1 | 0 (0.0%) |
Active | Robert Scott MARQUARDT | 19 Nov 2014 | President/Ceo | American | 1 - 0 | 0 (0.0%) | |
Resigned | Wayne Anthony ROBERTSON | 19 Nov 2014 | 28 Apr 2017 | Solicitor | British | 0 - 12 | 1 (8.3%) |
Resigned | Justin Gordon MENDELLE | 28 Oct 2014 | 19 Nov 2014 | Solicitor | British | 3 - 2 | 0 (0.0%) |
Average tenure of active directors: 3.7 years
Average tenure of resigned directors: 1.9 years
Average active director Dissolution Rate: 10.7%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date | |
---|---|---|---|
2019-05-01 | 2015-11-01 | ||
MANAGEMENT AND TRAINING CORPORATION (UK) LIMITED | ORDINARYA | 50 50% | 0 0% |
MANAGEMENT AND TRAINING CORPORATION (UK) LIMITED | ORDINARYB | 50 50% | 0 0% |
NOVO COMMUNITY LTD | ORDINARY B | 0 0% | 50 50% |
MANAGEMENT AND TRAINING CORPORATION (UK) LIMITED | ORDINARY A | 0 0% | 50 50% |
SHAREHOLDINGS (BETA)
Company name | Share class | Shares at confimation date |
---|---|---|
2019-05-01 | ||
MANAGEMENT & TRAINING CORPORATION LIMITED | ORDINARY | 10 50% |
MANAGEMENT & TRAINING CORPORATION LIMITED | ORDINARY | 10 50% |
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
MANAGEMENT & TRAINING CORPORATION LIMITED
no controlled companies
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 |
---|---|---|---|---|---|
2023-01-01 | 2023-06-30 | 16 | 1% | 4% | 72080 |
2022-07-01 | 2022-12-31 | 19 | 1% | 5% | 69205 |
2022-01-01 | 2022-06-30 | 29 | 10% | 23% | 59920 |
2021-07-01 | 2021-12-31 | 33 | 10% | 76% | 56787 |
2021-07-01 | 2021-12-31 | 33 | 14% | 34% | 56790 |
2021-01-01 | 2021-06-30 | 26 | 2% | 11% | 56792 |
2020-07-01 | 2020-12-31 | 23 | 1% | 10% | 39130 |
2020-01-01 | 2020-06-30 | 26 | 3% | 22% | 33567 |
2019-07-01 | 2019-12-31 | 25 | 4% | 24% | 27590 |
2019-01-01 | 2019-06-30 | 32 | 8% | 36% | 17884 |
2018-07-01 | 2018-12-31 | 34 | 8% | 29% | 9929 |
2018-01-01 | 2018-06-30 | 50 | 17% | 53% | 4617 |
COURT CASES
No Court Cases found
PATENTS
No Patents found
COMPETITORS
(Based on Sic code:
84230 Justice and judicial activities)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|---|---|---|---|---|---|
G4S CARE AND JUSTICE SERVICES (UK) LIMITED | 6TH FLOOR, 50 BROADWAY, LONDON, ENGLAND, SW1H 0DB | 00390328 | 2017-12-31 | 333,948,000 | 31,160,000 | |
MTCNOVO LTD | 6-9 SNOW HILL, LONDON, ENGLAND, EC1A 2AY | 09284837 | 2017-12-31 | 99,838,000 | 3,540,000 | |
THE LONDON COMMUNITY REHABILITATION COMPANY LIMITED | 6-9 SNOW HILL, LONDON, ENGLAND, EC1A 2AY | 08802553 | 2017-12-31 | 74,796,000 | 5,245,000 | |
THE STAFFORDSHIRE AND WEST MIDLANDS COMMUNITY REHABILITATION COMPANY LIMITED | SECOND FLOOR, 66-68 EAST SMITHFIELD, ROYAL PHARMACEUTICAL BUILDING, LONDON, ENGLAND, E1W 1AW | 08802529 | 2017-12-31 | 36,331,000 | 180,000 | |
THE DERBYSHIRE, LEICESTERSHIRE, NOTTINGHAMSHIRE AND RUTLAND COMMUNITY REHABILITATION COMPANY LIMITED | SECOND FLOOR, 66-68 EAST SMITHFIELD, ROYAL PHARMACEUTICAL BUILDING, LONDON, ENGLAND, E1W 1AW | 08802532 | 2017-12-31 | 27,541,000 | 2,019,000 | |
THE BEDFORDSHIRE, NORTHAMPTONSHIRE, CAMBRIDGESHIRE AND HERTFORDSHIRE COMMUNITY REHABILITATION COMPANY LIMITED | ONE SOUTHAMPTON ROW,, SOUTHAMPTON ROW, LONDON, WC1B 5HA | 08802546 | 2017-08-31 | 18,236,000 | 260,000 | |
THE CUMBRIA AND LANCASHIRE COMMUNITY REHABILITATION COMPANY LIMITED | ONE, SOUTHAMPTON ROW, LONDON, WC1B 5HA | 08802569 | 2017-08-31 | 14,539,000 | 571,000 | |
THE THAMES VALLEY COMMUNITY REHABILITATION COMPANY LIMITED | 6-9 SNOW HILL, LONDON, ENGLAND, EC1A 2AY | 08802542 | 2017-12-31 | 14,369,000 | 1,757,000 | |
THE SOUTH YORKSHIRE COMMUNITY REHABILITATION COMPANY LIMITED | ONE, SOUTHAMPTON ROW, LONDON, WC1B 5HA | 08802527 | 2017-08-31 | 11,820,000 | 68,000 | |
THE NORTHUMBRIA COMMUNITY REHABILITATION COMPANY LIMITED | ONE, SOUTHAMPTON ROW, LONDON, WC1B 5HA | 08802519 | 2017-08-31 | 10,622,000 | -631,000 | |
THE NORFOLK AND SUFFOLK COMMUNITY REHABILITATION COMPANY LIMITED | ONE, SOUTHAMPTON ROW, LONDON, WC1B 5HA | 08802548 | 2017-08-31 | 9,228,000 | -24,000 | |
PIL RESEARCH LIMITED | 8 THE COURTYARD, GOLDSMITH WAY ELIOT BUSINESS PARK, NUNEATON, CV10 7RJ | 06967328 | 2017-07-31 | 53,569 | 0 | |
S J MORTIMORE ASSOCIATES LIMITED | BINDON HOUSE MAIN ROAD, WEST LULWORTH, WAREHAM, DORSET, ENGLAND, BH20 5RW | 08505962 | 2019-04-30 | 5,134 | 0 |
84240-Public order and safety activities 85422-Post-graduate level higher education 85590-Other education not elsewhere classified |
LEAH CJ CONSULTANTS LIMITED | 5 BYLANDS FOLD, DUKINFIELD, ENGLAND, SK16 5BH | 10224319 | 2017-06-30 | 2,133 | 0 |
LIQUIDATION RISK (BETA)
This company is Active. Statistically, Active companies have a low 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 |
---|---|---|---|---|
MANAGEMENT & TRAINING CORPORATION LIMITED | 0.7% | 3.6% | 7.1% | Medium |
Other companies Active in the same sector | Too few competitors | |||
Age | 0.6% | 2.5% | 4.9% | Medium |
Company Type | 0.7% | 3.7% | 7.4% | Medium |
Accounts category | 0.7% | 2.2% | 3.8% | Medium |
Accounting Month | 0.6% | 2.4% | 5.5% | Medium |
Sic code count | 0.7% | 3.5% | 7.0% | Medium |