LEARNLIGHT HOLDINGS 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

IFRS

Reporting scope

Consolidated group

Auditor

Rödl & Partner Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Group or the Company or to cease their operations, and as they have concluded that the Group and the Company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over their ability to continue as a going concern for at least a year from the date of approval of the financial statements ("the going concern period").”

Group structure

1. LEARNLIGHT HOLDINGS LIMITED · parent
   1. Learnlight UK Limited 100% · United Kingdom · provision of training services
   2. Learnlight France 100% · France · provision of training services
   3. Learnlight Spain, S.L. 100% · Spain · provision of training services
   4. Learnlight Administration, S.L. 100% · Spain · provision of training services
   5. Learnlight Software, S.L. 100% · Spain · provision of training services
   6. Learnlight Services, S.L. 100% · Spain · provision of training services
   7. Learnlight Holland BV 100% · Netherlands · provision of training services
   8. Learnlight Group, S.L. 100% · Spain · intermediate holding companies
   9. Learnlight Bidco, S.L. 100% · Spain · intermediate holding companies
   10. Learnlight Dach Holdco, GmbH 100% · Germany · intermediate holding companies
   11. Learnlight Dach Bidco, GmbH 100% · Germany · intermediate holding companies
   12. Arenalingua, GmbH 100% · Germany · provision of training services
   13. Learnlight Belgrade LLC 100% · Serbia · provision of training services
   14. Learnlight Inc 100% · USA · provision of training services
   15. Learnlight Bidco Italia SRL 100% · Italy · intermediate holding companies
   16. Intensive Business English SRL 100% · Italy · provision of training services
   17. Business English SRL 100% · Italy · provision of training services
   18. Learnlight Bidco Mexico, S.A 100% · Mexico · intermediate holding companies
   19. Georgal, S.A. DE C.V 100% · Mexico · provision of training services

Significant events

• “Synova Fund V LP supported a secondary buy-out in 2023, following which there has been significant investment in recruitment and systems infrastructure to drive future growth. This has resulted in an increase in growth related administrative expenses, and a short-term reduction in management reported EBITDA.”
• “In 2023, preference shares together with interest thereon, and vendor loan notes totalling £16.6m were settled following the investment received from Synova. The new debt arrangements are over longer periods and have improved the financial position of the group, see notes 26 and 27 for further details.”
• “The Preference shares were redeemed in 2023 as a result of the change in ownership.”

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

2

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

  -3.1%

  £38,778,550 → £37,572,530

• Cash

  +0.1%

  £5,668,745 → £5,674,714

• Net assets

  -9.1%

  -£23,810,967 → -£25,970,469

• Employees

  -1.4%

  510 → 503

• Operating profit

  -33.6%

  £3,326,279 → £2,208,457

• Profit before tax

  -193.3%

  -£577,790 → -£1,694,604

• Wages

  -6.7%

  £12,217,773 → £11,399,555

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