CORPORATE LEARNING SOLUTIONS PLC

• ⚠

  Material uncertainty over going concern

  As explained in Note 2 to the financial statements, the financial statements have been prepared on a going concern basis. However, the Company has incurred recurring losses, its liabilities exceed its assets, and it has no clear means of obtaining further financing or support. Based on the audit evidence obtained, we consider that management's use of the going concern basis of accounting in the preparation of the financial statements is inappropriate.

• ◆

  Audit opinion: Adverse

  Latest auditor's report carried a non-clean opinion.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +5%

  £1,776,944 → £1,865,481

• Cash

  -31.1%

  £136,066 → £93,798

• Net assets

  -50.9%

  £215,796 → £106,033

• Employees

  0%

  5 → 5

• Operating profit

  -59.8%

  -£68,352 → -£109,255

• Profit before tax

  -59.1%

  -£69,011 → -£109,763

• Wages

  +1.8%

  £283,401 → £288,592

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. CORPORATE LEARNING SOLUTIONS PLC 2007-01-17 → present
2. SAMSON LEISURE PLC 1993-03-02 → 2007-01-17
3. COPYGOLD TRAVEL LIMITED 1982-05-21 → 1993-03-02

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Xeinadin Audit Limited

Audit opinion

Adverse

Going concern

Material uncertainty disclosed

“As explained in Note 2 to the financial statements, the financial statements have been prepared on a going concern basis. However, the Company has incurred recurring losses, its liabilities exceed its assets, and it has no clear means of obtaining further financing or support. Based on the audit evidence obtained, we consider that management's use of the going concern basis of accounting in the preparation of the financial statements is inappropriate.”

Significant events

• “In the wake of pandemic disruptions and global uncertainties, our long-standing blue-chip clients emerged more confidently in 2024.”
• “challenges elsewhere emerged in the autumn of 2024, as key clients scaled back activity, impacting our turnover, which dipped by 18% compared to 2022.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.