MERTHYR TYDFIL COLLEGE 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

Standalone (parent only)

Auditor

HaysMac LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In assessing whether the going concern basis is appropriate the Directors have considered the College's expected future cash flows and are satisfied that the College has adequate resources to continue in operational existence for a minimum of 12 months from the date of the signing of the financial statements.”

Group structure

1. MERTHYR TYDFIL COLLEGE LIMITED · parent
   1. Tydfil Training Consortium Ltd · delivery of the Welsh Governments Work Based Learning programme

Significant events

• “In 2022, the college also introduced a new lower-level Vocational pathways course to bridge gaps in provision and extend the choices available to learners. This has proved very popular, with numbers enrolling on this course increasing year on year (84 learners enrolling on this course in 2025, comparison to 72 learners enrolling on the course for 2024)”
• “Work is also ongoing with the Merthyr Tydfil Local Authority and secondary schools to map progression pathways and routes in response to the new Made-for-Wales GCSEs, which are being taught in schools across Wales from this September 2025 and also examine new 14-16 pathways in line with the new VCSEs, which will be rolled out from September 2027.”
• “In July 2025, the college announced a landmark strategic partnership with General Dynamics, a global leader in defence and advanced manufacturing. This collaboration will see the launch of a state-of-the-art Engineering Academy designed to equip learners with real-world employability skills in advanced manufacturing and engineering technologies.”
• “In November 2024, The College Merthyr Tydfil launched a new AMBE Construction Academy, in partnership with Tilbury Douglas. This innovative programme aims to prepare learners for successful careers in the construction industry through hands-on training, industry insight, and professional development opportunities, equipping learners with vital employability skills and real-world construction experience.”

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

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

6

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  +8.8%

  £17,595,000 → £19,136,000

• Cash

  +4.9%

  £9,427,000 → £9,890,000

• Net assets

  +9.3%

  £14,440,000 → £15,785,000

• Employees

  -2.2%

  227 → 222

• Wages

  +5.9%

  £7,848,000 → £8,314,000

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