OPITO GROUP LIMITED

1. OPITO GROUP LIMITED 2023-01-23 → present
2. OPITO STRATEGIC LIMITED 2010-01-06 → 2023-01-23

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

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.”

Group structure

1. OPITO GROUP LIMITED · parent
   1. Offshore Training Foundation 100% · Scotland · Supporting the energy industry
   2. OPITO Limited 100% · Scotland · Training Accreditation
   3. OPITO Training Management Limited 100% · Scotland · Training Management
   4. OPITO Enterprises Limited 100% · Scotland · Salary Administration
   5. OPITO Asia Pacific Sdn Bhd 100% · Malaysia · International Development
   6. OPITO International FZ LLC 100% · Dubai · International Development
   7. OPITO International (Cyprus) Limited 100% · Cyprus · International Development
   8. OPITO LLC 100% · USA · International Development
   9. OPITO (Qualifications) Limited 100% · Scotland · Dormant

Significant events

• “In 2024 the focus on national energy security remained a dominant theme, alongside a steady recovery in registrations at OPITO-approved training centres. The continuing need to maintain and enhance the workforce skills to support ongoing operations has remained at consistent with 2023.”
• “In 2024, approximately 500,000 OPITO approved courses were completed.”
• “The average number of trainee apprentices managed by OPITO Training Management Limited decreased from 216 to 194 when compared with 2023 headcount numbers reflecting an average decrease in intakes in the years concerned.”

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

Filings

5

last 12 months

Capital events

0

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.

• Turnover

  +0.2%

  £16,837,281 → £16,869,205

• Cash

  -18.1%

  £8,518,632 → £6,975,124

• Net assets

  -1.8%

  £15,800,564 → £15,523,129

• Employees

  -6%

  284 → 267

• Operating profit

  +30.5%

  -£2,054,214 → -£1,427,695

• Profit before tax

  -108.6%

  £525,367 → -£45,232

• Wages

  -2.1%

  £9,069,987 → £8,876,203

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