How much does North Lancs. Training Group C.I.C. make?

North Lancs. Training Group C.I.C. reported revenue of £6.6m and £80.9k profit in the year to 31 Jul 2024, according to its accounts filed at Companies House.

How many employees does North Lancs. Training Group C.I.C. have?

North Lancs. Training Group C.I.C. reported an average of 132 employees in the year to 31 Jul 2024.

Is North Lancs. Training Group C.I.C. profitable?

Yes — North Lancs. Training Group C.I.C. reported a profit of £80.9k in the year to 31 Jul 2024.

Company No. 01948169 · Incorporated 18 Sep 1985

North Lancs. Training Group C.I.C.

Registered name: NORTH LANCS. TRAINING GROUP C.I.C.

North Lancs. Training Group C.I.C. made £6.6m revenue and £80.9k profit in the year to 31 Jul 2024. read from filing text

North Lancs. Training Group C.I.C.’s revenue fell 8% to £6.6m in the year to 31 Jul 2024, with £80.9k profit and 132 employees. The company is classified under “technical and vocational secondary education” and is based in Accrington; we hold 3 years of its filed accounts.

Full P&L filedSection P · EducationSIC 85320Technical and vocational secondary education SIC 94110Activities of business and employers membership organizations

Status: Active
Location: Accrington, North West
Age: 41 yrs · since 1985
Type: Community Interest Company

Latest accounts · year to 31 Jul 2024

Key figures

IndependentCash flow filed

Revenue

£6.6m

Growth ▼7.6%

Profit

£80.9k

Growth ▲50.7%

Profit margin

1.2%

Gross 90.3%

Employees

132

Change ▼7%

Profit / employee

£613

Revenue/employee £49.7k

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Jul 2022	31 Jul 2023	31 Jul 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£6.4m	£7.1m	£6.6m
Cost of sales	£491k	£725k	£635k
Gross profit	£5.9m	£6.4m	£5.9m
Operating profit	£96.1k	£87k	−£68.2k
Profit before tax	£46.1k	£87.2k	£73.3k
Profit after tax	£109k	£53.7k	£80.9k
Profit (best available)	£109k	£53.7k	£80.9k
Staff costs	£4.2m	£4.5m	£4.3m
Employees (average)	149	142	132
Ratios
Profit margin	1.7%	0.8%	1.2%
Gross margin	92.3%	89.8%	90.3%
Revenue per employee	£43k	£50.1k	£49.7k
Profit per employee	£731	£378	£613
Cash conversion	−173.6%	−294.8%	—
Growth (year on year)
Revenue growth	—	▲10.9%	▼7.6%
Profit growth	—	▼50.8%	▲50.7%
Headcount growth	—	▼4.7%	▼7%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.2m	£2m	£2.1m
Net assets	£7.4m	£7.5m	£7.6m
Fixed assets	£4.8m	£5m	£5m
Current assets	£3.3m	£3.2m	£3.2m
Debtors	£758k	£840k	£693k
Deferred income	£277k	£252k	£133k
Cash from operations	−£167k	−£257k	−£240k
Source	Accounts · bulk data Feb 2024	Accounts · bulk data Feb 2024	FullAccounts · bulk data Apr 2025

Derived from the latest filing

How the business works

Profit margin: 1.2%; Profit ÷ revenue.
Gross margin: 90.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £49.7k; Revenue ÷ average employees.
Profit per employee: £613; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 75.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 10.5%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▲1%; Now £7.6m
Cash at bank: ▲4%; Now £2.1m
Headcount: ▼7%; Now 132
Deferred income: ▼47%; Now £133k
Fixed assets: ▼1%; Now £5m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Jul 2024 (profit £80.9k), from the Companies House accounts bulk data published Apr 2025. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.