LEARNDIRECT LIMITED
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Cash
£1.4m
+39.7% vs 2024
Net assets
£2.4m
-21.4% lowest in 6 filed years
Employees
108
+18.7% highest in 6 filed years
Profit before tax
-£667k
-110.4% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
On 9 April 2026, Fixed Charge Receivers were appointed over the shares of Learndirect Digital Group Limited... indicates the existence of a material uncertainty which may cast significant doubt on the Company's ability to continue as a going concern.
-
Going-concern uncertainty disclosed
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-04-29
| Metric | Trend | 2020-04-28 | 2021-04-30 | 2022-04-30 | 2023-04-30 | 2024-04-30 | 2025-04-29 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £4,772,297 | £15,641,596 | £16,557,895 | £23,577,951 | £25,289,070 | £23,301,552 | -7.9% | |
| Operating profit | £1,372,733 | £4,358,392 | £3,577,460 | -£5,153,214 | £2,415,374 | -£605,589 | -125.1% | |
| Profit before tax | £1,364,368 | £5,290,113 | £3,577,460 | -£5,144,025 | £6,403,442 | -£666,899 | -110.4% | |
| Net profit | £1,233,978 | £5,005,352 | £3,221,005 | -£4,638,549 | £6,377,402 | -£666,932 | -110.5% | |
| Cash | £1,070,620 | £3,176,924 | £2,601,491 | £3,366,801 | £1,005,820 | £1,405,180 | +39.7% | |
| Total assets less current liabilities | £7,408,891 | £12,414,243 | £9,563,257 | £4,811,708 | £3,109,777 | £2,442,845 | -21.4% | |
| Net assets | — | £12,414,243 | £9,450,257 | £4,811,708 | £3,109,777 | £2,442,845 | -21.4% | |
| Equity | — | £12,414,243 | £9,450,257 | £4,811,708 | £3,109,777 | £2,442,845 | -21.4% | |
| Average employees | 4 | 40 | 64 | 93 | 91 | 108 | +18.7% | |
| Wages | £1,012,963 | £3,226,971 | £1,874,627 | £3,020,869 | £3,815,562 | £3,267,188 | -14.4% | |
| Directors' remuneration | £276,034 | £315,395 | £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 | 2020-04-28 | 2021-04-30 | 2022-04-30 | 2023-04-30 | 2024-04-30 | 2025-04-29 |
|---|---|---|---|---|---|---|---|
| Operating margin | 28.8% | 27.9% | 21.6% | -21.9% | 9.6% | -2.6% | |
| Net margin | 25.9% | 32.0% | 19.5% | -19.7% | 25.2% | -2.9% | |
| Return on capital employed | 18.5% | 35.1% | 37.4% | -107.1% | 77.7% | -24.8% | |
| Gearing (liabilities / total assets) | — | 39.2% | 59.7% | 80.6% | 88.8% | 90.0% | |
| Current ratio | — | — | — | 0.83x | 0.78x | 0.75x | |
| Interest cover | — | — | — | — | 24.51x | -9.88x |
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
- LEARNDIRECT LIMITED 2020-02-28 → present
- STONEBRIDGE COLLEGES (PUBLISHING) LIMITED 2008-12-23 → 2020-02-28
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Saffery LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“On 9 April 2026, Fixed Charge Receivers were appointed over the shares of Learndirect Digital Group Limited... indicates the existence of a material uncertainty which may cast significant doubt on the Company's ability to continue as a going concern.”
Group structure
- LEARNDIRECT LIMITED · parent
- Stonebridge Associated Colleges Limited 100%
- Pearltech UK Limited 100%
- Central College for Education Limited 100%
- Online Academics Limited 100%
- Digital Monkey Media Limited 100%
Significant events
- “On 9 April 2026, Fixed Charge Receivers were appointed over the shares of Learndirect Digital Group Limited ('LDDG'), the immediate parent company.”
- “The Group's paid social advertising was affected by a third-party platform data and account-categorisation issue affecting Meta (Facebook/Instagram) campaigns between October 2024 and February 2025, impairing conversion tracking. Incremental marketing cost is estimated at £883,378.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BECKETT, Michael John | Director | 2021-01-22 | May 1965 | British |
| JANSE VAN RENSBURG, Wayne | Director | 2008-12-23 | Aug 1981 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| JANSE VAN RENSBURG, Susan Mary | Secretary | 2008-12-23 | 2020-08-12 |
| JANSE VAN RENSBURG, Pienaar Jacobus | Director | 2008-12-23 | 2020-08-12 |
| JANSE VAN RENSBURG, Susan Mary | Director | 2008-12-23 | 2020-08-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Learndirect Digital Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-08-12 | Active |
| Kate Strohm | Individual | Shares 50–75% | 2020-03-10 | Ceased 2020-08-12 |
| Mr Wayne Van Rensburg | Individual | Shares 25–50% | 2016-04-06 | Ceased 2020-08-12 |
Filing timeline
Last 20 of 67 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-22 | AA | accounts | Accounts with accounts type full | |
| 2026-06-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-05-05 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-04-21 | AA01 | accounts | Change account reference date company previous shortened | |
| 2025-12-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-17 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-05-08 | AA | accounts | Accounts with accounts type full | |
| 2025-04-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-09 | AA | accounts | Accounts with accounts type full | |
| 2024-01-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-02 | AA | accounts | Accounts with accounts type full | |
| 2022-01-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-12-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-11-02 | AA | accounts | Accounts with accounts type full | |
| 2021-06-23 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-05-17 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-03-30 | AA | accounts | Accounts with accounts type group | |
| 2021-02-10 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.