PROJECT GOLD TOPCO 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

Consolidated group

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared detailed profit and cash forecasts for the going concern period covering a 12 month period from the date of approval of the financial statements. These forecasts draw on current trading and expectations of growth across different areas of the business and wider group. The directors have also prepared stress tests to model the impact of several potential risks to the business. Based on the above and the finance facilities available to the company through the wider group, the directors are satisfied that the company has more than adequate finance facilities in place to meet all reasonably possible alternative trading and cashflow scenarios and to meet its liabilities as they fall due for at least 12 months from the date of approval of these financial statements. Accordingly, the directors have continued to prepare the financial statements on a going concern basis. In our opinion: the financial statements give a true and fair view... have been properly prepared. 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 group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. PROJECT GOLD TOPCO LIMITED · parent
   1. Project Gold Midco Limited 100% · United Kingdom · Holding company
   2. Project Gold Holdco Limited 100% · United Kingdom · Holding company
   3. Project Gold Bidco Limited 100% · United Kingdom · Holding company
   4. TTC Commercial Services Limited 100% · United Kingdom · Licence checking services
   5. Balanceability Limited 100% · United Kingdom · Bicycle training
   6. TTC 2000 Limited 100% · United Kingdom · Driver training
   7. Business Driver Fleet Risk Management Limited 100% · England · Driver training
   8. TTC Group (UK) Limited 100% · United Kingdom · Holding company
   9. TTC 2000 (Scotland) Limited 100% · Scotland · Dormant
   10. Licence Bureau Limited 100% · United Kingdom · Dormant
   11. Synergie Training Limited 100% · Scotland · Construction training
   12. The Learning Eye Limited 100% · England · Healthcare training

Significant events

• “On 17 June 2025, the Company completed the acquisition of the entire issued share capital of Think Eleven Limited, a company incorporated in England and Wales, for an initial total consideration of £5.0 million, comprising £2.0 million in cash and £3.0 million in deferred consideration payable over 24 months. There is a further £2.0 million of contingent consideration paid in annual instalments over the next 36 months depending on performance.”

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

Filings

4

last 12 months

Capital events

7

last 24 months

Officers appointed

0

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

  +4.2%

  £61,206,968 → £63,805,965

• Cash

  +58.6%

  £3,360,457 → £5,328,362

• Net assets

  -70.4%

  -£10,330,825 → -£17,600,728

• Employees

  +17.2%

  122 → 143

• Operating profit

  -81.3%

  £2,278,081 → £425,677

• Profit before tax

  -53.9%

  -£4,762,715 → -£7,332,157

• Wages

  +30.9%

  £3,809,427 → £4,985,872

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