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Next accounts due

2026-10-31 (in 5mo)

Last filed for 2025-01-31

Confirmation statement due

2027-01-28 (in 8mo)

Last made up 2026-01-14

Watchouts

1 item

Cash

£15M

+15% vs 2024

Net assets

-£155M

-33.2% vs 2024

Employees

824

-8.8% vs 2024

Profit before tax

-£38M

-1.9% vs 2024

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

2-year trend · latest reflected 2025-01-31

Metric Trend 2024-01-312025-01-31
Turnover £59,350,663£59,054,189
Operating profit -£15,940,061-£13,643,337
Profit before tax -£37,708,987-£38,441,421
Net profit -£36,484,595-£38,665,261
Cash £13,003,598£14,954,575
Total assets less current liabilities £70,986,314£50,286,089
Net assets -£116,525,152-£155,161,216
Equity -£116,525,152-£155,161,216
Average employees 904824
Wages £26,436,124£25,462,129

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2024-01-312025-01-31
Operating margin -26.9%-23.1%
Net margin -61.5%-65.5%
Return on capital employed -22.5%-27.1%
Gearing (liabilities / total assets) 238.9%318.0%
Current ratio -2.05x-1.40x
Interest cover -0.74x-0.55x

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.

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Auditor
BDO LLP
Audit opinion
Unqualified (clean)
Going concern
Material uncertainty disclosed

“The group and the parent company are dependent on successfully refinancing the existing loan facilities, which is not guaranteed. This indicates the existence of a material uncertainty which may cast significant doubt on the group's and the company's ability to continue as a going concern and, therefore, the group and the parent company may be unable to realise their assets and discharge their liabilities in the normal course of business.”

Group structure

  1. BOYD HOLDCO LIMITED · parent
    1. Boyd Topco Limited 76.94% · Durham
    2. Boyd Midco Limited 100% · Durham
    3. Boyd Midco 2 Limited 100% · Durham
    4. Boyd Bidco Limited 100% · Durham
    5. Genius Holdco Limited 100% · Durham
    6. Genius Bidco Limited 100% · Durham
    7. Learning Curve (NE) Group Limited 100% · Durham
    8. Acorn Training Consultants Limited 100% · Durham
    9. Learning Curve Group Limited 100% · Durham
    10. Profound Services Limited 100% · Durham
    11. Northern Care Training Limited 100% · Durham
    12. Profound National Apprenticeship Company Limited 100% · Durham
    13. Learning at Work Limited 100% · Durham
    14. Workwise Personnel Limited 100% · Durham
    15. Learning Curve Skill Centres Limited 100% · Durham
    16. The London Hairdressing Apprenticeship Academy Limited 100% · London
    17. The London Beauty Training Academy Limited 100% · London
    18. Antrec Limited 100% · Durham
    19. APCYMRU Limited 100% · Cardiff
    20. Military Preparation College Limited 100% · Cardiff
    21. The White Rose School of Beauty and Complementary Therapies Limited 100% · Durham
    22. Urban Serenity Limited 100% · Durham
    23. PGL Training Holdings Limited 100% · Durham
    24. PGL Training (Plumbing) Limited 100% · Durham
    25. PGL Assessment and Training Limited 100% · Durham

Significant events

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

People

3 active · 7 resigned

Name Role Appointed Born Nationality
APEX GROUP SECRETARIES (UK) LIMITED Corporate Secretary 2020-09-15
JEFFERY, Adrian Leslie Director 2020-07-07 Apr 1977 British
MARCOZ, Rinaldo Enrico Director 2026-04-21 Aug 1970 British
Show 7 resigned officers
Name Role Appointed Resigned
BIDEL, Coral Suzanne Director 2020-07-07 2023-07-11
GODDARD, Liam Stuart Director 2020-02-13 2020-07-07
MARCOZ, Rinaldo Enrico Director 2024-12-16 2026-04-21
MIDSEM, Torbjorn Olsen Director 2020-03-09 2020-07-07
PATEL, Dharmesh, Mr. Director 2023-10-10 2026-04-21
TEE, Laura Elisabeth Director 2023-12-20 2024-03-20
VENTER, Ian Stephen Director 2020-07-07 2023-10-10

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 53 total filings

Date Type Category Description
2026-04-24 AP01 officers Appoint person director company with name date PDF
2026-04-24 TM01 officers Termination director company with name termination date PDF
2026-04-24 TM01 officers Termination director company with name termination date PDF
2026-02-04 AA accounts Accounts with accounts type group
2026-01-27 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-02-04 AA accounts Accounts with accounts type group
2025-01-17 CS01 confirmation-statement Confirmation statement with updates PDF
2024-12-17 AP01 officers Appoint person director company with name date PDF
2024-11-19 CH04 officers Change corporate secretary company with change date PDF
2024-11-19 AD01 address Change registered office address company with date old address new address PDF
2024-10-04 SH01 capital Capital allotment shares PDF
2024-04-16 DISS40 gazette Gazette filings brought up to date
2024-04-15 AA accounts Accounts with accounts type group
2024-04-02 GAZ1 gazette Gazette notice compulsory
2024-03-21 TM01 officers Termination director company with name termination date PDF
2024-01-24 CS01 confirmation-statement Confirmation statement with updates PDF
2024-01-22 SH01 capital Capital allotment shares
2024-01-19 CH04 officers Change corporate secretary company with change date PDF
2023-12-21 AP01 officers Appoint person director company with name date PDF
2023-11-06 SH01 capital Capital allotment shares

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
5

last 12 months

Capital events
1

last 24 months

Officers appointed
1

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.

Year-on-year

FY2024 → FY2025 · period ending 2025-01-31 vs 2024-01-31

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

Official Companies House page