MIDLAND GROUP TRAINING SERVICES LIMITED

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

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

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Luckmans Duckett Parker Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“We have nothing to report in respect of the following matters in relation to which the ISAs (UK) require us to report to you where: the trustees' use of the going concern basis of accounting in the preparation of the financial statements is not appropriate; or the trustees have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the charitable company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue.”

Group structure

1. MIDLAND GROUP TRAINING SERVICES LIMITED · parent
   1. MGTS Business and Training Services Limited 100% · England · trade in activities complementary to its objects

Significant events

• “The full year results for fiscal year 24/25 have returned a surplus, although less than the previous year and slightly below the planned budgetary figure.”
• “Commercial course activity remains strong, and the results reflect this, realising an above budget and prior year performance. The commercial course calendar continues to be well populated and is further bolstered by the completion in late August 2024 of the new commercial suite of classrooms and practical training area.”
• “Apprentices once again participated in outdoor challenge programmes with over 100 undertaking the experience which supports the behaviours element of their apprenticeship in activities that are different to the normal working environment.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  -3.9%

  £4,807,914 → £4,622,592

• Cash

  -23.4%

  £1,237,328 → £948,093

• Net assets

  +3.6%

  £4,081,455 → £4,230,135

• Employees

  +2.2%

  45 → 46

• Profit before tax

  -70.3%

  £420,891 → £125,169

• Wages

  +8.5%

  £1,805,913 → £1,959,275

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