FUTURELEARN LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  -10.2%

  £12,316,259 → £11,063,931

• Cash

  -66.5%

  £1,325,338 → £444,048

  lowest in 6 filed years

• Net assets

  -116.8%

  -£4,444,180 → -£9,633,035

• Employees

  +1.1%

  91 → 92

• Operating profit

  +21.1%

  -£6,080,297 → -£4,796,822

• Profit before tax

  +15.5%

  -£6,175,811 → -£5,219,514

• Wages

  -30.3%

  £8,626,438 → £6,010,295

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Gravita Audit II Limited

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 and parent company'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. The directors have a reasonable expectation that the Group and Company will continue in operational existence for the foreseeable future.”

Group structure

1. FUTURELEARN LIMITED · parent
   1. Futurelearn Australia Pty Ltd 100% · Australia

Significant events

• “Since May 2023, capital investment has been directed towards strengthening the platform, enhancing go-to-market capability and broadening the Group's commercial proposition.”
• “This has led to EBITDA* loss narrowing to £3.4m (2024: £4.6m loss), and the business achieving its first EBITDA-positive quarter in Q4, the result of disciplined cost management, operational efficiencies and clearer commercial prioritisation.”
• “Between September 2025 and January 2026 the Company issued 15,459,257 new Ordinary Shares at par to the parent company UK Academic Holdings Limited. The total consideration of £15,459,257 was settled by way of capitalisation of loan balances of £7,860,630, assignment of loans of £1,260,627 and cash of £6,338,000.”

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

4

last 24 months

Officers appointed

4

last 12 months

Officers resigned

0

last 12 months

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