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Cash

£102k

-82.9% lowest in 3 filed years

Net assets

£11m

+3.7% vs 2025

Employees

40

0% vs 2025

Profit before tax

£35k

+117.9% first positive since 2025

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31

Metric Trend 2024-03-312025-03-312026-03-31 Δ vs prior
Total income £4,675,000£5,868,000 +25.5%
Operating profit £3,190,000-£532,000-£305,000 +42.7%
Profit before tax £3,271,000-£195,000£35,000 +117.9%
Net profit -£195,000£35,000 +117.9%
Cash £240,000£595,000£102,000 -82.9%
Total assets less current liabilities £11,048,000£10,477,000£10,864,000 +3.7%
Net assets £10,869,000£10,440,000£10,822,000 +3.7%
Equity £10,869,000£10,440,000£10,822,000 +3.7%
Average employees 394040 0%
Wages £1,616,000£1,551,000£1,663,000 +7.2%
Directors' remuneration £0£0
Directors' pension contributions £0£0

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show . About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2024-03-312025-03-312026-03-31
Operating margin -11.4%-5.2%
Net margin -4.2%0.6%
Return on capital employed 28.9%-5.1%-2.8%
Gearing (liabilities / total assets) 10.6%12.9%13.1%
Current ratio 6.60x2.54x2.47x
Interest cover 88.61x-12.98x-5.75x

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.

Name history

Renamed 1 time since incorporation

  1. NATIONAL LEARNING AND WORK INSTITUTE 2015-12-21 → present
  2. THE NATIONAL INSTITUTE OF ADULT CONTINUING EDUCATION (ENGLAND AND WALES) 1991-04-19 → 2015-12-21

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Auditor
TC Group
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

  1. NATIONAL LEARNING AND WORK INSTITUTE · parent
    1. Haldane Trust · to commemorate the work of Viscount Haldane of Cloan in connection with Adult Education

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

People

11 active · 63 resigned

Name Role Appointed Born Nationality
EVANS, Stephen Secretary 2016-09-01
AYLES, Harriet Director 2024-03-14 May 1986 British
GALLIERS, Margaret Mary Director 2006-11-02 Apr 1952 British
HARRIS, Lauren Director 2021-09-23 Jun 1987 British
IVORY-CHAPMAN, Nichola Jayne Director 2024-03-14 Jul 1973 British
MERRIFIELD, Margaret Haf Director 2012-11-08 Jun 1964 British
MOORE, Jeremy Patrick Director 2018-01-26 Jul 1956 British
RENDER, Timothy Ennis Director 2018-11-29 Jun 1953 British
SALAM, Ayokunle Temitope Director 2023-11-30 Sep 1979 British
SPEAR, Richard Mark Director 2024-12-05 Oct 1972 British
VERNON, Belinda Director 2024-03-14 Mar 1961 British
Show 63 resigned officers
Name Role Appointed Resigned
CARLTON, Shiela Eadie Secretary 1993-01-25 1999-09-30
HUGHES, David Secretary 2011-09-01 2016-08-31
TUCKETT, Alan John Secretary 2011-08-31
ALLINSON, Graeme John Director 2006-11-02 2012-11-08
BANKS, Christopher Nigel Director 2022-12-01 2025-09-25
BOSWORTH, Charlotte Patricia Director 2020-03-19 2023-09-21
CLYNE, Peter Robin Director 1992-06-25
COARE, Pamela Joyce Director 2009-10-29 2014-10-30
COLDWELL, Richard Edward Davidson Director 2007-07-12 2011-04-05
COOPER, Rosemary Deborah Beauchamp Director 2006-11-02 2012-11-08
DAVEY, Margaret Director 2005-05-26 2009-10-29
DAVEY, Margaret Director 2003-10-30 2004-11-04
DAVIES, Brynley John Director 2006-03-01 2012-11-08
DAVIS, Michael Leslie Director 2017-01-27 2018-01-26
DUKE, Christopher, Professor Director 1992-06-25 1996-10-24
ELY, Richard Henry Director 1999-10-21 2009-10-29
FIELD, John, Professor Director 2006-11-02 2009-10-29
FRANCIS, David Hywel, Professor Director 1999-10-21 2003-10-30
FRYER, Robert Harold, Professor Director 2009-10-29 2015-11-04
FULLICK, Leisha Director 1992-06-25 2006-11-02
GOURLEY, Brenda Mary, Professor Director 2010-04-22 2011-05-13
GREENIDGE, Jeffrey Douglas Director 2009-10-29 2024-05-29
HARDING, Roy Pollard, Sir Director 1994-10-20
HARRISON, Robert William Director 2012-11-08 2015-10-01
HOPKINS, Kenneth Director 1999-10-21
HOWELLS, Marie-Elise Director 2012-11-08 2015-11-04
HUMPHREYS, Robert Owen Director 2004-01-01 2006-02-06
JENNINGS, Bernard, Professor Director 1992-06-25
JONES, Arthur Philip, Dr Director 1992-06-25 1997-02-06
JONES, Beverley Morgan Director 2009-10-29 2012-11-08
JONES, Douglas Kensey Director 1999-10-21
KAPUR, Arvind Michael Director 2012-11-08 2018-11-01
KING, Christine Elizabeth, Dr Director 2001-11-01 2006-11-02
LANE, Graham John Director 1997-10-23 2009-10-29
LANGHORN, Michael David Director 2003-10-30 2021-09-23
LAWLOR, Tony Director 2021-09-23 2023-11-30
LOCHRIE, Robert Director 1997-10-23 2003-10-30
MALCOMSON, Mark Director 2012-11-08 2015-11-04
MARSH, Barbara Elizabeth Director 1992-06-25
MCALLISTER, Patrick Director 2012-11-08 2015-11-04
MCINTOSH, Naomi Ellen Sargant, Lady Director 2006-04-27 2006-07-23
MCINTOSH, Naomi Ellen Sargant, Lady Director 2003-10-30 2006-01-30
NORRINGTON, Judith Anne Director 2004-11-24 2006-11-02
OGDEN, Shirley Georgina, Cllr Mrs Director 1992-06-25 1996-10-24
OGLESBY, Katherine Leni Director 1992-06-25
RAE, Donald Peace Director 2003-10-30 2006-11-02
ROBERTS, Christine Mary Director 2000-07-14 2003-10-30
ROGERS, David Owen Director 2011-07-11 2013-05-03
SHERLOCK, David Christopher Director 2006-11-02 2012-11-08
SILVER, Ruth Muldoon, Dame Director 1999-10-21 2001-11-01
SLOWEY, Jane Elizabeth Director 2015-01-29 2017-10-10
SMETHURST, Richard Good Director 1994-10-20 2001-11-01
SPELLMAN, Irene Ruth Director 2018-11-01 2024-09-19
SPELLMAN, Irene Ruth Director 2012-11-08 2015-11-04
SPENCE, Saxon May, (Mrs) Councillor Director 1996-10-24 1999-10-21
STUART, Nicholas Willoughby Director 2001-11-01 2022-09-22
SUMMERS, Judith Mary Director 2006-11-02 2009-10-29
SUMMERS, Judith Mary Director 1999-10-21
SWIFT, Judith Director 2008-07-10 2009-10-29
TAUBMAN, Daniel Henry Director 2001-11-01 2006-11-02
TAYLOR, Richard Kenneth Stanley, Professor Director 1996-10-24 2006-11-02
WILSON, Nicholas Carne Director 2006-11-02 2009-10-29
WILSON, Thomas Marshall Director 2010-01-28 2015-11-04

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 267 total filings

Date Type Category Description
2026-08-18 AA accounts Accounts with accounts type group
2026-04-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-09-29 TM01 officers Termination director company with name termination date PDF
2025-08-27 AA accounts Accounts with accounts type group
2025-04-28 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-04-02 CH01 officers Change person director company with change date PDF
2025-04-02 CH01 officers Change person director company with change date PDF
2024-12-13 AP01 officers Appoint person director company with name date PDF
2024-11-04 AA accounts Accounts with accounts type group
2024-09-23 TM01 officers Termination director company with name termination date PDF
2024-09-17 AD01 address Change registered office address company with date old address new address PDF
2024-07-31 MR04 mortgage Mortgage satisfy charge full PDF
2024-07-31 MR04 mortgage Mortgage satisfy charge full PDF
2024-05-30 TM01 officers Termination director company with name termination date PDF
2024-04-30 RP04AP01 officers Second filing of director appointment with name PDF
2024-04-19 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-03-19 AP01 officers Appoint person director company with name date
2024-03-19 AP01 officers Appoint person director company with name date PDF
2024-03-19 AP01 officers Appoint person director company with name date PDF
2023-12-05 AP01 officers Appoint person director company with name date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
1

last 12 months

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

Official Companies House page