SHORTERM LIMITED

1. SHORTERM LIMITED 2009-03-16 → present
2. SHORTERM ENGINEERS LIMITED 1999-08-27 → 2009-03-16
3. SHORTERM EMPLOYMENT LIMITED 1985-10-09 → 1999-08-27
4. AD+MEN ENGINEERS BUREAU LIMITED 1972-08-04 → 1985-10-09

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

Standalone (parent only)

Auditor

MHA

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors consider it applicable to prepare the financial statements on a going concern basis. In reaching this conclusion, the directors have considered the financial projections of the Company for the foreseeable future, which covers a period of at least 12 months from the date of signing the financial statements. The stubbornly high interest rates may have an impact on the Company's operations over the next 12 months, therefore the directors have reviewed forecasts which model a worst case scenario. This model demonstrates that the Company will continue to be able to repay its liabilities as they fall due for the foreseeable future. The Company expects to continue to grow its recurring revenue streams across a broad spread of sectors, industries and customers. As a consequence, and having reviewed the worst case forecasts for the coming year, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Therefore, they continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. SHORTERM LIMITED · parent
   1. Shorterm Aviation AG 100% · Switzerland
   2. Shorterm Resources Limited 100% · England and Wales
   3. Trainspeople Limited 100% · England and Wales
   4. Catalyse Training Limited 100% · England and Wales
   5. Merit Skills Limited 100% · England and Wales
   6. Universal Skills Group Limited 100% · England and Wales
   7. Universal Skills Qualifications Ltd 100% · England and Wales
   8. Universal Skills Centre Limited 100% · England and Wales

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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.

• Turnover

  -6.8%

  £155,784,000 → £145,208,000

• Cash

  -47.7%

  £3,823,000 → £2,001,000

• Net assets

  +6.6%

  £28,356,000 → £30,222,000

• Employees

  +3.1%

  97 → 100

• Operating profit

  -29.3%

  £3,527,000 → £2,494,000

• Profit before tax

  -29.4%

  £3,096,000 → £2,185,000

• Wages

  -0.2%

  £5,753,000 → £5,740,000

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