Training Qualifications UK Ltd
Registered name: TRAINING QUALIFICATIONS UK LTD
Part of Aqa Education groupTraining Qualifications UK Ltd made £2.9m profit in the year to 31 Mar 2023 (revenue not disclosed).
Training Qualifications UK Ltd reported £2.9m profit in the year to 31 Mar 2023, up 104% on the year before; its revenue was not disclosed. It had 91 employees. The company is classified under “other education” and is based in Sale; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Sale, North West
- Age
- 14 yrs · since 2011
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The immediate parent undertaking is AQA Commercial Services Limited (Company No. 14299239). The ultimate parent undertaking is AQA Education (Charity No. 1073334)”
Key figures
This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 |
|---|---|---|
| Disclosure | Profit only | Profit only |
| Profit & loss | ||
| Revenue (turnover) | — | — |
| Cost of sales | £1.3m | £2m |
| Profit before tax | £2m | £2.9m |
| Profit after tax | £1.4m | £2.9m |
| Profit (best available) | £1.4m | £2.9m |
| Staff costs | £2m | £3m |
| Employees (average) | 65 | 91 |
| Ratios | ||
| Profit margin | — | — |
| Profit per employee | £21.7k | £31.6k |
| Growth (year on year) | ||
| Profit growth | — | ▲104.2% |
| Headcount growth | — | ▲40% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £2.5m | £7.3m |
| Net assets | £4.2m | £7.3m |
| Fixed assets | £78.5k | £81.3k |
| Debtors | £1.2m | £1.8m |
| Deferred income | £1.2m | £1.4m |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- £31.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
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
- ▲72%
- Now £7.3m
- Cash at bank
- ▲194%
- Now £7.3m
- Headcount
- ▲40%
- Now 91
- Deferred income
- ▲19%
- Now £1.4m
- Fixed assets
- ▲4%
- Now £81.3k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Aqa Educationultimate parent75–100%
- Aqa Commercial Services Limited75–100%
- Training Qualifications UK Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (5)
- Realise Learning and Employment Holdings LimitedRev. £31.6m · Profit £3.7m
- Alphaplus Consultancy LimitedFigures not disclosed
- Aqa Assessment Services LimitedFigures not disclosed
- Doublestruck LimitedFigures not disclosed
- North West Skills Academy LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2023 (profit £2.9m), from the Companies House accounts bulk data published May 2024. 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.