UK Companies House feature
WORLD LEARNING LIMITED
Cash
£947K
+47.9% vs 2020
Net assets
-£2M
-1,784.1% vs 2020
Employees
23
0% vs 2020
Profit before tax
—
Period ending 2021-03-31
Profile
- Company number
- 06830114
- Status
- Active
- Incorporation
- 2009-02-25
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 64999
- Hubs
- UK Fintech
Net assets
2-year trend · vs UK Fintech median
Accounts
2-year trend · latest 2021-03-31
| Metric | Trend | 2020-03-31 | 2021-03-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | — | — | |
| Profit before tax | — | — | |
| Net profit | — | — | |
| Cash | £640,527 | £947,195 | |
| Total assets less current liabilities | £780,711 | -£297,454 | |
| Net assets | -£117,832 | -£2,220,084 | |
| Equity | -£117,832 | -£2,220,084 | |
| Average employees | 23 | 23 | |
| Wages | — | — |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' 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 Company's ability to continue as a going concern for a period of 12 months from when the financial statements are authorised for issue.”
Significant events
- “On 13 February 2024, 1 additional ordinary share of £0.01 was allotted to National Westminster Bank Plc for a consideration of £9,500,000 for providing financial and operational support to the Company to enable it to meet its liabilities/commitments as and when these fall due.”
- “Included in the current year's revenue is an adjustment of £63,130 relating to prior years (2022 and 2023) to correct an understatement in fee and commission income receivable. The adjustment arose due to a data issue in the legacy subscription reporting system.”
- “The Company sold its investments in NatWest Strategic Investments Limited (formerly known as Rooster Money UK Limited) to RBS AA Holdings (UK) Limited on 30 November 2023.”
- “On 6 February 2025, 1 additional ordinary share of £0.01 was allotted to National Westminster Bank Plc for a consideration of £7,000,000.”
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
5 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| NATWEST GROUP SECRETARIAL SERVICES LIMITED | Corporate Secretary | 2021-10-05 | — | — |
| CARMICHAEL, William Ralph | Director | 2015-06-13 | Jan 1983 | British |
| MANSON, Michael James | Director | 2021-10-05 | Oct 1974 | British |
| REES, Susan Mary | Director | 2024-06-28 | Apr 1965 | British |
| ROYDEN, Sandi | Director | 2024-02-13 | Apr 1981 | British |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LEARMOND, James | Secretary | 2009-02-25 | 2021-10-05 |
| ALI, Asma | Director | 2022-04-28 | 2024-10-31 |
| CLARK, Martin Grant | Director | 2021-10-22 | 2022-02-10 |
| CONNOLLY, Barry John | Director | 2022-07-01 | 2024-02-13 |
| CRAVEN-SMITH-MILNES, Charles Assheton | Director | 2019-03-25 | 2021-10-05 |
| EDWARDS, Benjamin John | Director | 2012-07-02 | 2021-10-05 |
| KAHAN, Barbara | Director | 2009-02-25 | 2009-02-25 |
| LEARMOND, James Peter Needham | Director | 2009-02-25 | 2021-10-05 |
| MAY, Paris | Director | 2009-02-25 | 2015-04-16 |
| REDSHAW, Wendy | Director | 2023-06-28 | 2024-05-03 |
| REDSHAW, Wendy | Director | 2021-10-05 | 2023-06-28 |
| WATSON, Simon David | Director | 2021-10-05 | 2022-07-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| National Westminster Bank Plc | Corporate entity | Shares 75–100%, Voting 75–100% | 2021-10-05 | Active |
| Cv5 Limited | Corporate entity | Shares 25–50% | 2018-11-01 | Ceased 2021-10-05 |
| Mr James Learmond | Individual | Shares 75–100% | 2016-04-06 | Ceased 2018-11-01 |
Filing timeline
Last 20 of 132 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-11-24 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-11-20 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-10-04 | AA | accounts | accounts with accounts type full |
| 2025-02-06 | SH01 | capital | capital allotment shares |
| 2024-11-07 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-10-31 | TM01 | officers | termination director company with name termination date |
| 2024-08-14 | AA | accounts | accounts with accounts type full |
| 2024-06-28 | AP01 | officers | appoint person director company with name date |
| 2024-05-03 | TM01 | officers | termination director company with name termination date |
| 2024-03-12 | CH01 | officers | change person director company with change date |
| 2024-02-23 | SH01 | capital | capital allotment shares |
| 2024-02-20 | AP01 | officers | appoint person director company with name date |
| 2024-02-20 | TM01 | officers | termination director company with name termination date |
| 2024-02-02 | CH01 | officers | change person director company with change date |
| 2023-11-20 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-09-11 | AD01 | address | change registered office address company with date old address new address |
| 2023-07-21 | AP01 | officers | appoint person director company with name date |
| 2023-07-21 | AA | accounts | accounts with accounts type full |
| 2023-07-19 | TM01 | officers | termination director company with name termination date |
| 2022-11-21 | CS01 | confirmation-statement | confirmation statement with updates |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory