CITY AND GUILDS KINEO LIMITED

• ⚠

  Material uncertainty over going concern

  At the end of the year the Company's balance sheet is in a net liabilities position. The Company is dependent upon financial support from its parent charity, The City and Guilds of London Institute... The company has received written confirmation from its parent that it will continue to provide financial support to the Company for a period of at least 12 months... This indicates that a material uncertainty exists that may cast significant doubt on the Company's ability to continue as a going concern.

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

  -5.6%

  £7,545,000 → £7,119,000

• Cash

  +74.9%

  £251,000 → £439,000

• Net assets

  -164.2%

  -£201,000 → -£531,000

• Employees

  -16.5%

  91 → 76

• Operating profit

  +44.5%

  -£1,443,000 → -£801,000

• Profit before tax

  +77.1%

  -£1,443,000 → -£330,000

• Wages

  -25.1%

  £4,092,000 → £3,065,000

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. CITY AND GUILDS KINEO LIMITED 2014-04-08 → present
2. KINEO LIMITED 2010-03-01 → 2014-04-08
3. SAMITRA LIMITED 2010-02-09 → 2010-03-01

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“At the end of the year the Company's balance sheet is in a net liabilities position. The Company is dependent upon financial support from its parent charity, The City and Guilds of London Institute... The company has received written confirmation from its parent that it will continue to provide financial support to the Company for a period of at least 12 months... This indicates that a material uncertainty exists that may cast significant doubt on the Company's ability to continue as a going concern.”

Group structure

1. CITY AND GUILDS KINEO LIMITED · parent
   1. Kineo Group Inc. 100% · USA
   2. Knowledge and Interactive Services Inc. 52.9% · USA
   3. Knowledge and Interactive Services Argentina SRL 50.2% · Argentina
   4. Knowledge and Interactive Services Mexico SRL de CV 50.2% · Mexico

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

Filings

15

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

3

last 12 months

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