NETCOM TRAINING LTD
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Cash
£986
-99.1% lowest in 5 filed years
Net assets
£8.4m
+19% highest in 5 filed years
Employees
57
-33.7% vs 2025
Profit before tax
£1.4m
+329.5% first positive since 2025
Net assets
5-year trend · vs Industrials median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2026-07-31
| Metric | Trend | 2022-07-31 | 2023-07-31 | 2024-07-31 | 2025-07-31 | 2026-07-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | £8,379,473 | £7,462,943 | £6,756,795 | -9.5% | |
| Operating profit | — | — | £2,777,207 | -£555,507 | £1,507,138 | +371.3% | |
| Profit before tax | — | — | £2,765,843 | -£628,778 | £1,443,070 | +329.5% | |
| Net profit | — | — | £2,722,371 | -£499,014 | £1,332,610 | +367% | |
| Cash | £627,556 | £201,754 | £70,994 | £107,279 | £986 | -99.1% | |
| Total assets less current liabilities | £2,978,684 | £4,820,428 | £7,686,689 | £7,521,900 | £8,781,732 | +16.7% | |
| Net assets | £2,978,684 | £4,805,969 | £7,528,340 | £7,020,037 | £8,352,647 | +19% | |
| Equity | £2,978,684 | £4,805,969 | £7,528,340 | £7,020,037 | £8,352,647 | +19% | |
| Average employees | 37 | 52 | 72 | 86 | 57 | -33.7% | |
| Wages | — | — | £2,509,307 | £3,103,782 | £2,072,786 | -33.2% | |
| Directors' remuneration | — | — | £185,828 | £242,201 | £183,375 | -24.3% | |
| Directors' pension contributions | — | — | £1,321 | £11,110 | £11,000 | -1% |
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 | 2022-07-31 | 2023-07-31 | 2024-07-31 | 2025-07-31 | 2026-07-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | 33.1% | -7.4% | 22.3% | |
| Net margin | — | — | 32.5% | -6.7% | 19.7% | |
| Return on capital employed | — | — | 36.1% | -7.4% | 17.2% | |
| Gearing (liabilities / total assets) | 11.5% | 6.6% | 10.5% | 19.6% | 13.6% | |
| Current ratio | — | — | 11.01x | 6.38x | 9.77x | |
| Interest cover | — | — | — | -7.43x | 23.51x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- JS. Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on the going concern basis, which assumes that Netcom Training Limited will continue in operational existence for the foreseeable future.”
Significant events
- “Redundancy costs of £69,549 were incurred during the year.”
- “A cross guarantee exists in favour of the group's finance lenders up to a maximum potential liability of £5,167,254 (2025: £5,012,920).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BUTTERFIELD, Joseph Christopher | Director | 2026-07-01 | Jul 1991 | British |
| FITCHEW, Jonathan Paul | Director | 2022-02-01 | Mar 1962 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| TATTAM, Charles Soren Robert | Secretary | 2022-09-20 | 2026-07-10 |
| DREW, Paul | Director | 2022-02-01 | 2024-01-31 |
| KAMUR, Raja | Director | 2011-06-22 | 2011-07-04 |
| RAJA, Kian | Director | 2013-01-24 | 2022-10-06 |
| VASHI, Kevin | Director | 2022-06-01 | 2026-06-30 |
| ZAMAN, Sher | Director | 2011-06-29 | 2013-01-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Apprentify Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-02-01 | Active |
| Mr Kian Raja | Individual | Shares 75–100% | 2016-08-22 | Ceased 2022-02-01 |
Filing timeline
Last 20 of 69 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-09-05 RESOLUTIONS Resolution
- 2025-09-05 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-07 | AA | accounts | Accounts with accounts type full | |
| 2026-08-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-07-10 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-07-08 | CH01 | officers | Change person director company with change date | |
| 2026-07-08 | AP01 | officers | Appoint person director company with name date | |
| 2026-07-08 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-30 | AA | accounts | Accounts with accounts type full | |
| 2025-09-05 | RESOLUTIONS | resolution | Resolution | |
| 2025-09-05 | MA | incorporation | Memorandum articles | |
| 2025-07-31 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-03-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-02-28 | AA | accounts | Accounts with accounts type full | |
| 2024-09-17 | CH03 | officers | Change person secretary company with change date | |
| 2024-09-16 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-07-30 | AA | accounts | Accounts with accounts type small | |
| 2024-07-20 | CH01 | officers | Change person director company with change date | |
| 2024-07-20 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-03-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-03-02 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-10 | AA | accounts | Accounts with accounts type total exemption full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 2
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.