UK Companies House feature
EXPERT TRAINING SYSTEMS P.L.C.
Cash
£336K
+13% vs 2023
Net assets
-£193K
-172.4% vs 2023
Employees
31
+3.3% vs 2023
Profit before tax
-£323K
+25.9% vs 2023
Profile
- Company number
- 02196081
- Status
- Active
- Incorporation
- 1987-11-19
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 63110
Net assets
7-year trend · vs UK AI & Enterprise SaaS median
Accounts
7-year trend · latest 2024-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | £2,374,074 | £2,117,899 | £2,370,804 | £2,493,965 | £2,683,733 | |
| Operating profit | — | — | -£124,646 | -£179,313 | -£304,591 | -£438,750 | -£329,594 | |
| Profit before tax | — | — | -£124,228 | -£179,132 | -£305,823 | -£435,521 | -£322,933 | |
| Net profit | — | — | £80,845 | -£37,474 | -£169,276 | -£435,521 | -£459,480 | |
| Cash | — | — | £1,263,649 | £942,749 | £761,324 | £297,097 | £335,695 | |
| Total assets less current liabilities | — | — | £954,579 | £906,602 | £727,830 | £282,308 | -£187,172 | |
| Net assets | — | — | £908,746 | £871,272 | £701,996 | £266,475 | -£193,005 | |
| Equity | — | — | £908,746 | £871,272 | £701,996 | £266,475 | -£193,005 | |
| Average employees | — | — | 29 | 25 | 28 | 30 | 31 | |
| Wages | — | — | £1,735,323 | £1,655,333 | £1,967,675 | £2,133,488 | £2,214,763 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Butt Miller
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Subsidiaries
- Expert Training Systems S.L. · 100% held · Spain · Dormant
Significant events
- “We are pleased to report revenue growth in these financial statements with turnover of £2,683,733 (2023: £2,493,965) and closing the year with another strong order book”
- “As we have reported in recent years and note above, we have continued our investment in our technology.”
- “In 2024 we adapted our business to no longer budget for the support of these tax credits. The positive impact of these internal changes will impact our 2025 results as we focus on operating profit to generate the cash that the tax credits have provided in the past.”
- “Of the other risks identified, the biggest factor affecting both the company and our clients is the geopolitical uncertainty at the time of publishing these statements.”
- “The board is mindful of the current economic climate and global factors such as the conflict in Ukraine and the Middle East, together with general geopolitical uncertainty.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
4 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HUGHES, Brendan James | Secretary | 2005-01-17 | — | British |
| HUGHES, Brendan James | Director | 2005-01-17 | Feb 1971 | British |
| SOUTHWELL, John Mark | Director | 2001-10-05 | Jun 1971 | British |
| SOUTHWELL, Simon | Director | 2004-12-29 | Dec 1975 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CRANNY, Hazel | Secretary | 2001-06-22 | 2005-01-17 |
| LINDSAY, Robert Gordon | Secretary | — | 2001-06-22 |
| ALLISON, Mark Frederick | Director | 2001-10-05 | 2002-01-14 |
| BENNETT, Jonathan | Director | 2007-01-01 | 2010-07-09 |
| CARMODY, Petrina Rosamund, Dr | Director | 2004-12-29 | 2008-12-24 |
| KINGSTON, Maurice David | Director | — | 2007-12-31 |
| LINDSAY, Robert Gordon | Director | — | 2004-07-06 |
| NICHOLS, Edward James | Director | 2004-12-29 | 2020-07-31 |
| SOUTHWELL, Leslie | Director | — | 2023-04-29 |
| WAKE, Dominic | Director | 2007-02-05 | 2014-10-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| John Mark Southwell | Individual | Shares 25–50%, Voting 25–50% | 2018-06-28 | Active |
| Ana Maria Fitzpatrick | Individual | Shares 25–50%, Voting 25–50% | 2018-06-28 | Active |
| Simon Leslie Southwell | Individual | Shares 25–50%, Voting 25–50% | 2018-06-28 | Active |
| Mr Leslie Southwell | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-05-25 | Ceased 2018-06-28 |
Filing timeline
Last 20 of 179 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-06-27 | AA | accounts | accounts with accounts type full |
| 2025-06-03 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-08-22 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2024-08-22 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2024-08-22 | CH03 | officers | change person secretary company with change date |
| 2024-08-22 | CH01 | officers | change person director company with change date |
| 2024-08-22 | CH01 | officers | change person director company with change date |
| 2024-08-22 | CH01 | officers | change person director company with change date |
| 2024-08-22 | AD01 | address | change registered office address company with date old address new address |
| 2024-06-28 | AA | accounts | accounts with accounts type full |
| 2024-05-24 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-06-30 | AA | accounts | accounts with accounts type full |
| 2023-06-06 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-05-12 | TM01 | officers | termination director company with name termination date |
| 2022-06-30 | AA | accounts | accounts with accounts type full |
| 2022-06-28 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-06-28 | AA | accounts | accounts with accounts type full |
| 2021-06-04 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2020-08-03 | TM01 | officers | termination director company with name termination date |
| 2020-06-26 | AA | accounts | accounts with accounts type full |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
-4.62
DISTRESS
Altman Z″
- Working capital / Total assets -0.245 × 6.56 = -1.61
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -0.417 × 6.72 = -2.80
- Book equity / Total liabilities -0.196 × 1.05 = -0.21
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory