OFFSHORE TRAINING FOUNDATION
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-28 (in 10mo)
Last made up 2026-03-14
Watchouts
None on the register
Cash
£3M
-44.8% vs 2023
Net assets
£6M
-20.8% vs 2023
Employees
246
-6.5% vs 2023
Profit before tax
-£1M
-332.2% vs 2023
Name history
Renamed 1 time since incorporation
- OFFSHORE TRAINING FOUNDATION 2005-04-04 → present
- OFFSHORE TRAINING SERVICES LIMITED 2002-03-14 → 2005-04-04
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £15,580,308 | £12,670,565 | |
| Operating profit | £445,010 | -£1,842,695 | |
| Profit before tax | £641,492 | -£1,489,283 | |
| Net profit | £641,492 | -£1,489,283 | |
| Cash | £5,347,523 | £2,951,005 | |
| Total assets less current liabilities | £9,819,055 | £7,528,773 | |
| Net assets | £7,174,231 | £5,684,948 | |
| Equity | £7,174,231 | £5,684,948 | |
| Average employees | 263 | 246 | |
| Wages | £7,538,587 | £7,823,678 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 2.9% | -14.5% | |
| Net margin | 4.1% | -11.8% | |
| Return on capital employed | 4.5% | -24.5% | |
| Gearing (liabilities / total assets) | 37.1% | 40.3% | |
| Current ratio | 4.69x | 2.81x |
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
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have prepared cash flow forecasts for a period of at least 12 months from the date of approval of these financial statements which demonstrate that the company has sufficient resources to enable it to meet its liabilities as they fall due throughout the forecast period. The directors have also considered the impact of reasonably foreseeable risks that may impact the financial performance of the company. Based upon the above factors, the Directors believe that preparing the financial statements on a basis of going concern is appropriate.”
Group structure
- OFFSHORE TRAINING FOUNDATION · parent
- OPITO Limited 100%
- OPITO Training Management Limited 100%
- OPITO Enterprises Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 54 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| THOW, Darren | Secretary | 2017-06-07 | — | — |
| BALLARD, Gordon George Reid | Director | 2024-06-28 | Nov 1959 | British |
| HOLMAN, Gary | Director | 2015-09-07 | Feb 1963 | British |
| JONES, Stephen Marcos | Director | 2024-06-28 | Nov 1981 | British |
| RAFFERTY, Patrick Joseph | Director | 2026-04-05 | Apr 1957 | British |
| WHITEHOUSE, David Benjamin | Director | 2024-07-18 | Feb 1967 | British |
Show 54 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| RITCHIE, Jacqueline Pamela | Secretary | 2003-03-26 | 2017-06-07 |
| CLP SECRETARIES LIMITED | Corporate Secretary | 2002-03-14 | 2003-03-26 |
| ABRAHAM, Matthew Arthur Leeming | Director | 2018-04-17 | 2020-08-17 |
| ALLEN, Christopher Simon | Director | 2005-06-23 | 2009-04-30 |
| ASTELL, Michael Peter | Director | 2011-03-24 | 2013-11-14 |
| BACKUS, Jeffrey Michael | Director | 2016-03-11 | 2018-06-01 |
| BALLARD, Gordon George Reid | Director | 2008-04-01 | 2010-03-25 |
| BECKETT, Stephen | Director | 2016-06-23 | 2016-11-28 |
| BIRNIE, Alistair | Director | 2008-10-22 | 2016-03-02 |
| BROWN, Peter Richard | Director | 2010-05-17 | 2011-06-29 |
| BUCHAN, Graham | Director | 2005-06-23 | 2006-12-28 |
| BURTON, Jessica Ann | Director | 2009-06-11 | 2011-06-24 |
| CLARK, Dennis | Director | 2010-10-04 | 2013-09-27 |
| CLYNE, Neil Kenneth | Director | 2011-12-01 | 2015-06-20 |
| COCHRANE, Kevin Peter | Director | 2008-04-01 | 2010-12-07 |
| COHEN, Colette | Director | 2019-04-17 | 2022-06-01 |
| CORMACK, David John Macintosh | Director | 2003-07-01 | 2004-03-01 |
| DEMPSTER, Andrew William | Director | 2019-05-17 | 2021-06-28 |
| DEY, Kenneth David | Director | 2014-02-11 | 2024-06-28 |
| ELGIE, Graham Peter | Director | 2020-08-17 | 2024-04-12 |
| ELLINS, Martin | Director | 2011-04-08 | 2016-02-10 |
| FINLAY, James | Director | 2002-03-18 | 2003-03-31 |
| FRASER, Victor Timothy Richard John | Director | 2019-04-15 | 2024-06-28 |
| GORDON, Graeme Ronald | Director | 2024-07-10 | 2025-05-12 |
| GORDON, Graeme Ronald | Director | 2020-11-23 | 2024-06-28 |
| GORDON, Thomas Neil | Director | 2013-09-18 | 2024-06-28 |
| GRAVES, Richard Ian | Director | 2015-07-24 | 2020-11-23 |
| HAINSWORTH, David Marshall | Director | 2011-05-12 | 2016-12-01 |
| HEIDENREICH, Katherine Mary | Director | 2024-04-12 | 2024-06-28 |
| HODGSON, Roger | Director | 2007-03-05 | 2010-03-25 |
| HOEING-COSENTINO, Karin Annette | Director | 2016-05-19 | 2018-04-18 |
| HORGAN, Michael Joseph | Director | 2008-04-01 | 2024-06-28 |
| JONES, Stephen Marcos | Director | 2016-06-09 | 2023-11-07 |
| LIMOND, Barrie Kenneth | Director | 2021-06-28 | 2022-05-31 |
| LINDOP, Paul Hastings | Director | 2011-03-23 | 2016-09-14 |
| MANKIN, Robert | Director | 2004-06-16 | 2006-10-19 |
| MCGINIGAL, Scott | Director | 2018-08-30 | 2023-03-13 |
| MILNE, Thomas Alistair Ronald | Director | 2015-09-01 | 2016-03-22 |
| NORTON, Stephen John | Director | 2016-11-28 | 2018-10-30 |
| NUTTALL, Martin | Director | 2007-03-05 | 2008-11-04 |
| RAE, Steven | Director | 2010-06-07 | 2011-02-07 |
| RAFFERTY, George | Director | 2008-04-01 | 2010-12-07 |
| RIDDOCH, Ray Christopher John | Director | 2008-04-01 | 2016-02-11 |
| RODDY, Simon Edward | Director | 2015-08-20 | 2016-06-16 |
| SAYNOR, Alan | Director | 2008-04-01 | 2009-02-16 |
| TAYLOR, John Christie Watt | Director | 2002-03-31 | 2026-04-05 |
| THOM, Alix Ann, Dr | Director | 2011-09-14 | 2015-08-25 |
| THOMAS, Leslie James | Director | 2002-03-18 | 2004-07-01 |
| VASEY, Bethan Sara | Director | 2022-05-31 | 2024-06-28 |
| WALLACE, William Carson | Director | 2009-01-06 | 2018-12-19 |
| WALLIS, David Michael | Director | 2009-02-16 | 2011-09-30 |
| WEBB, Malcolm | Director | 2004-07-01 | 2010-03-25 |
| WILSON, Robert Johnstone | Director | 2005-06-27 | 2008-11-04 |
| MMA NOMINEES LIMITED | Corporate Nominee Director | 2002-03-14 | 2003-03-26 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Opito Group Limited | Corporate entity | Voting 75–100% | 2016-06-16 | Active |
Filing timeline
Last 20 of 185 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-06 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-06 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-05 | AA | accounts | Accounts with accounts type group | |
| 2025-05-12 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-08 | AA | accounts | Accounts with accounts type group | |
| 2024-07-22 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-11 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-28 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-28 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-28 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-28 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-28 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-28 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-28 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-28 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-15 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-12 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-18.7%
£15,580,308 £12,670,565
-
Cash
-44.8%
£5,347,523 £2,951,005
-
Net assets
-20.8%
£7,174,231 £5,684,948
-
Employees
-6.5%
263 246
-
Operating profit
-514.1%
£445,010 -£1,842,695
-
Profit before tax
-332.2%
£641,492 -£1,489,283
-
Wages
+3.8%
£7,538,587 £7,823,678
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