NETCOM TRAINING LTD
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Cash
£107K
+51.1% vs 2024
Net assets
£7M
-6.8% vs 2024
Employees
86
+19.4% highest in 6 filed years
Profit before tax
-£629K
-122.7% lowest in 3 filed years
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-07-31
| Metric | Trend | 2020-06-30 | 2021-07-31 | 2022-07-31 | 2023-07-31 | 2024-07-31 | 2025-07-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £8,379,473 | £7,462,943 | -10.9% | |
| Operating profit | — | — | — | — | £2,777,207 | -£555,507 | -120% | |
| Profit before tax | — | — | — | £1,868,381 | £2,765,843 | -£628,778 | -122.7% | |
| Net profit | — | — | — | £1,827,285 | £2,722,371 | -£499,014 | -118.3% | |
| Cash | £1,014,168 | £2,507,179 | £627,556 | £201,754 | £70,994 | £107,279 | +51.1% | |
| Total assets less current liabilities | £1,018,967 | £2,326,748 | £2,978,684 | £4,820,428 | £7,686,689 | £7,521,590 | -2.1% | |
| Net assets | £1,018,967 | £2,326,748 | £2,978,684 | £4,805,969 | £7,528,340 | £7,020,037 | -6.8% | |
| Equity | £1,018,967 | £2,326,748 | £2,978,684 | £4,805,969 | £7,528,340 | £7,020,037 | -6.8% | |
| Average employees | 12 | 24 | 37 | 52 | 72 | 86 | +19.4% | |
| Wages | — | — | — | £1,664,971 | £2,509,307 | £3,103,782 | +23.7% | |
| Directors' remuneration | — | — | — | £107,749 | £185,828 | £231,091 | +24.4% |
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 | 2020-06-30 | 2021-07-31 | 2022-07-31 | 2023-07-31 | 2024-07-31 | 2025-07-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 33.1% | -7.4% | |
| Net margin | — | — | — | — | 32.5% | -6.7% | |
| Return on capital employed | — | — | — | — | 36.1% | -7.4% | |
| Gearing (liabilities / total assets) | — | — | — | — | 10.5% | 19.6% | |
| Current ratio | — | — | — | — | 11.01x | 6.38x | |
| Interest cover | — | — | — | — | — | -7.43x |
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)
- Abridged
- Yes — abridged accounts (limited disclosure)
- 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 the company will continue in operational existence for the foreseeable future. Based on this assessment, the directors have a reasonable expectation that the company will have adequate resources to continue in operational existence for the foreseeable future.”
Significant events
- “The directors consider the performance of the company to reflect a year of transition. Turnover for the year decreased to £7,462,943 (2024: £8,379,473), with corresponding reductions in gross profit and EBITDA. This was driven by changes in the company's contract mix during the year.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| TATTAM, Charles Soren Robert | Secretary | 2022-09-20 | — | — |
| FITCHEW, Jonathan Paul | Director | 2022-02-01 | Mar 1962 | British |
| VASHI, Kevin | Director | 2022-06-01 | Aug 1978 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| 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 |
| 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 63 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 | |
|---|---|---|---|---|
| 2026-04-30 | 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 | |
| 2023-03-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-10-12 | TM01 | officers | Termination director company with name termination date | |
| 2022-09-27 | AP01 | officers | Appoint person director company with name date | |
| 2022-09-23 | AP03 | officers | Appoint person secretary company with name date | |
| 2022-09-21 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2022-04-01 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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.