NORTHERN CONSORTIUM

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. NORTHERN CONSORTIUM 2020-11-09 → present
2. NORTHERN CONSORTIUM LTD. 2020-10-22 → 2020-11-09
3. THE NORTHERN CONSORTIUM 1993-02-09 → 2020-10-22

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

Auditor

Xeinadin Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's and Charitable Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. NORTHERN CONSORTIUM · parent
   1. Northern Consortium UK Limited 100% · England and Wales · advancement of educational standards by the development of syllabuses and courses and the provision of examination services and assurance programmes to ensure that students wishing to attend the company's partner universities meet the required standards.

Significant events

• “In 2025 the Articles were further updated to amend the number of permitted Trustees.”
• “The Charity's objects which were amended on 23rd September 2025 are specifically restricted to the advancement of education in particular.”
• “In 2022 Trustees developed and launched a new grants strategy to strengthen the Charity's ability to provide funding to educational projects. This strategy, now entering its fourth year, has already committed funding towards a diverse range of projects which are being delivered in the communities of the Member Universities.”
• “The reporting period also saw the rotation of four Consortium Trustees and the recruitment of one independent / lay Trustee.”
• “The Trustees dedicated time to succession planning during the year, as our Chair approaches the conclusion of his [maximum] nine-year term of office. The change of Chair will take place in June 2026, with other Officer changes expected to occur too.”
• “The year also saw NCUK conclude a review of its key performance indicators (KPI's), which necessitated an expansion of the current strategic plan period to enable tighter monitoring of operational delivery up to 2027/28.”

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

Filings

14

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  +16.2%

  £7,466,564 → £8,672,710

• Cash

  -21.6%

  £4,024,088 → £3,153,085

• Net assets

  -3.1%

  £3,703,597 → £3,590,457

• Employees

  +5.1%

  78 → 82

• Operating profit

  +0.1%

  -£197,485 → -£197,266

• Profit before tax

  -5.3%

  -£108,665 → -£114,381

• Wages

  +12.5%

  £3,202,443 → £3,602,297

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