NATIONAL CENTRE FOR UNIVERSITIES AND BUSINESS

1. NATIONAL CENTRE FOR UNIVERSITIES AND BUSINESS 2022-10-11 → present
2. THE COUNCIL FOR INDUSTRY AND HIGHER EDUCATION 1997-11-14 → 2022-10-11

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

Sayer Vincent LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Trustees believe that Charity is well placed to manage its risks successfully and have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. There are no material uncertainties about the Charity's ability to continue as a going concern.”

Significant events

• “Raised the strategic value placed on collaboration amongst senior leaders. NCUB has engaged with university Vice Chancellors and other senior leaders on the critical importance of collaboration, even in a difficult external environment.”
• “Captured and shared business perspectives on collaboration for use by policy makers and universities. NCUB has consistently been a principal source of insight on business' perspectives of collaboration.”
• “Monitored patterns and trends in collaboration: NCUB regularly monitors university-business collaboration, including through its annual 'State of the Relationship' report and dashboard.”
• “Continued to substantially grow engagement with SMEs through konfer. NCUB has used konfer to reach businesses, particularly SMEs, new to collaborating with universities and has doubled the user base to over 6034 registered users by 2024.”
• “Challenged universities and policy makers to strengthen SME interaction. With concerns growing that SME interactions in some institutions are declining, NCUB has been working with universities to understand the constraints and causes.”
• “Showcased the impact of collaboration to inspire others. Through our quarterly booklet of case studies and regular success stories, we indexed over 350 powerful examples of collaboration.”
• “Set out clear recommendations to grow business-led R&D through its Taskforce. Under the leadership of Sir John Manzoni, NCUB's Taskforce is dedicated to transforming the UK into a global leader in business-led R&D.”
• “Helped to secure more public investment into research and innovation. Public investment into the skills, research and innovation system is critical to achieve good outcomes, overcome several significant market failures, and leverage private investment.”
• “Prevented significant reform to international student policy that could have destabilised the university system. Over the past year, securing financial sustainability for universities has been a key focus for NCUB.”
• “Collaborating for Future Skills. NCUB investigated the ways in which universities and employers are collaborating to meet the UK's future skills needs, and barriers to this collaboration.”
• “Laid the groundwork for a critical Future Skills Inquiry. Throughout 2024/25 NCUB has laid the groundwork for a robust Future Skills Inquiry to run in 2025/26.”
• “Delivered, with UKRI and institutions, targeted interventions to practice and policy to improve intersectoral researcher mobility. NCUB published a 'one year on' report to assess the impact of its 2023 Researcher Mobility Taskforce.”

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

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

  -2.8%

  £3,026,907 → £2,942,495

• Cash

  -18.9%

  £968,991 → £786,306

• Net assets

  -16.4%

  £1,019,321 → £852,317

• Employees

  0%

  19 → 19

• Operating profit

  -234.4%

  -£49,947 → -£167,004

• Profit before tax

  -234.4%

  -£49,947 → -£167,004

• Wages

  +10.5%

  £956,320 → £1,057,065

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