THE ALAN TURING INSTITUTE
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Cash
£7.4m
-22.6% vs 2024
Net assets
£28m
-24.4% vs 2024
Employees
433
-1.1% vs 2024
Profit before tax
-£9.2m
-4.3% vs 2024
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | — | — | — | |
| Operating profit | — | — | — | |
| Profit before tax | -£8,783,477 | -£9,160,396 | -4.3% | |
| Net profit | -£8,783,477 | -£9,160,396 | -4.3% | |
| Cash | £9,564,186 | £7,398,732 | -22.6% | |
| Total assets less current liabilities | £37,505,290 | £28,510,943 | -24% | |
| Net assets | £37,505,290 | £28,344,894 | -24.4% | |
| Equity | £37,505,290 | £28,344,894 | -24.4% | |
| Average employees | 438 | 433 | -1.1% | |
| Wages | £22,682,481 | £24,757,051 | +9.1% | |
| Directors' remuneration | £45,000 | £45,000 | 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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Current ratio | 3.34x | 2.71x |
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
- Consolidated group
- Auditor
- Crowe UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making enquiries, the Trustees have concluded that there is a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. The Charity therefore continues to adopt the going concern basis in preparing its financial statements.”
Group structure
- THE ALAN TURING INSTITUTE · parent
- Turing Innovations Limited 100%
- Quaisr Limited 1.08%
Significant events
- “A significant organisational transformation was undertaken, focusing on a smaller number of projects with potential for greater impact.”
- “The Government published an ambitious AI Opportunities Action Plan and challenged the Institute to step up work on defence, national security and sovereign capabilities.”
- “The Institute became a founding member of the Laboratory for AI Security Research.”
- “The Environmental Forecasting mission is taking forward revolutionary new approaches to weather forecasting.”
- “The Health mission is pioneering the secure and trustworthy use of digital replicas of individual human hearts to save lives and money for the NHS.”
- “A six-week sprint was carried out showing small, open-weight language models can achieve near-frontier reasoning performance for focused tasks.”
- “CEO Jean Innes announced her intention to step down.”
- “£100m of core funding was allocated last year.”
- “Reviewed over 100 research projects and took decisions to close, spin out or complete 78 projects not aligned with the new strategic direction.”
- “A new Enterprise Resource Planning (ERP) tool was launched on 1 April 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
10 active · 19 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FORSTER, Vanessa | Secretary | 2020-09-09 | — | — |
| GURR, Douglas John, Dr | Director | 2022-07-01 | Jul 1964 | British |
| HILLSTON, Jane Elizabeth, Professor | Director | 2024-11-28 | Nov 1963 | British |
| KIRWAN, Kerry Emmet Arthur, Professor | Director | 2020-04-28 | Oct 1974 | British |
| LAWRENCE, Vanessa Vivienne, Dr | Director | 2020-08-01 | Jul 1962 | British |
| NAMIH, Carina | Director | 2020-08-01 | May 1989 | British |
| RADWAN, Golestan Sally | Director | 2025-06-16 | Feb 1976 | British,Egyptian |
| REES, Geraint Ellis, Professor | Director | 2023-10-13 | Nov 1967 | British |
| THAKRAR, Hitesh | Director | 2020-08-01 | Mar 1962 | British |
| TREFETHEN, Anne Elizabeth, Professor | Director | 2024-11-28 | Feb 1962 | British |
Show 19 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ATKINS, Jonathan | Secretary | 2016-11-28 | 2019-09-26 |
| GALLAGHER, Aaron Joseph | Secretary | 2019-09-26 | 2020-09-09 |
| ASTON, John Alexander David, Professor | Director | 2015-07-22 | 2017-06-30 |
| BLACKWOOD-BATE, Nicola | Director | 2020-08-01 | 2023-08-31 |
| COVINGTON, Howard John | Director | 2015-07-22 | 2022-03-18 |
| FINKELSTEIN, Anthony Charles Wiener, Professor | Director | 2015-07-22 | 2017-02-01 |
| GRINDROD, Peter, Professor | Director | 2015-07-22 | 2018-01-31 |
| JARVIS, Stephen Andrew, Professor | Director | 2018-09-10 | 2020-04-28 |
| JONES, Timothy Simon, Professor | Director | 2015-07-22 | 2016-07-31 |
| KELLY, Francis Patrick | Director | 2017-09-07 | 2025-04-30 |
| KENWAY, Richard Donovan, Professor | Director | 2015-07-22 | 2024-11-28 |
| MAXTON, Julie, Dr | Director | 2016-11-16 | 2019-11-27 |
| MELHAM, Thomas Frederick, Professor | Director | 2018-02-15 | 2024-11-28 |
| NELSON, Philip Arthur, Professor | Director | 2015-03-26 | 2015-07-22 |
| NICHOLSON, Jane Charlotte | Director | 2015-03-26 | 2015-07-22 |
| TAN WHITE, Wendy | Director | 2016-11-16 | 2019-11-27 |
| THOMAS, Pamela Anne, Professor | Director | 2016-09-05 | 2018-09-03 |
| VINER, Neil Graham, Dr | Director | 2015-03-26 | 2023-08-31 |
| WOLFE, Patrick Jason, Professor | Director | 2017-05-11 | 2023-09-29 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 73 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-02-08 RESOLUTIONS Resolution
- 2024-02-08 MA Memorandum articles
- 2024-02-08 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-27 | AA | accounts | Accounts with accounts type group | |
| 2025-06-18 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-30 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-28 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-28 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-28 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-28 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-24 | AA | accounts | Accounts with accounts type group | |
| 2024-04-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-08 | RESOLUTIONS | resolution | Resolution | |
| 2024-02-08 | MA | incorporation | Memorandum articles | |
| 2024-02-08 | RESOLUTIONS | resolution | Resolution | |
| 2023-10-13 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-09 | TM01 | officers | Termination director company with name termination date | |
| 2023-08-31 | TM01 | officers | Termination director company with name termination date | |
| 2023-08-31 | TM01 | officers | Termination director company with name termination date | |
| 2023-08-16 | AA | accounts | Accounts with accounts type group | |
| 2023-04-26 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.