MTC (MANUFACTURING TECHNOLOGY CENTRE) TRAINING LIMITED

1. MTC (MANUFACTURING TECHNOLOGY CENTRE) TRAINING LIMITED 2023-01-18 → present
2. THE MTC - ADVANCED MANUFACTURING TRAINING CENTRE LIMITED 2014-02-06 → 2023-01-18

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

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company has net current assets of £0.7m as at 31 March 2025 and a profit for the year then ended of £0.6m. The financial statements have been prepared on a going concern basis, which the Directors consider to be appropriate for the reasons set out in note 1.4. Due to the group-wide funding arrangements of the MTC Group of which the Company is a member, the Company shares access to external liquidity with other members of this Group. In the downside scenarios considered by the Directors within their going concern assessment, the Company is dependant on the parent entity providing liquidity to support, if required, in meeting its liabilities as they fall due. The parent entity has provided the Directors with written confirmation of its intention to continue to provide such liquidity support, if required, for a period of at least 12 months from the date of approval of these financial statements. The Directors have no reason to believe that it will not do so if required to. Consequently, the Directors are confident that the Company has sufficient funds available in the 12 months following date of approval of these financial statements that they have been prepared on a going concern basis.”

Significant events

• “MTC Training has celebrated multiple award successes over the past year, most notably in February 2025, when one apprentice was named Advanced Apprentice of the Year at the National Apprenticeship Awards. In September 2024, MTC Training expanded its apprenticeship offering with the launch of three new programmes. November 2024 saw the introduction of a new addition to the Events portfolio. MTC Training proudly celebrated its 10th anniversary, marking a decade of delivering high-quality technical education and skills development. It was also named one of the Top 10 Manufacturing Apprenticeship Schemes in the UK.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

2

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

  +10%

  £13,961,000 → £15,360,000

• Cash

  +28.3%

  £427,000 → £548,000

• Net assets

  +213.1%

  £291,000 → £911,000

• Employees

  +0.6%

  179 → 180

• Operating profit

  +207.6%

  -£618,000 → £665,000

• Profit before tax

  +272%

  -£490,000 → £843,000

• Wages

  +5.6%

  £7,009,000 → £7,404,000

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