Transforming Learning Group Limited
Registered name: TRANSFORMING LEARNING GROUP LIMITED
Part of Foundation Investment Partners Management LLP groupTransforming Learning Group Limited made £2.2m revenue and a £4.9m loss in the year to 31 Mar 2026.
Transforming Learning Group Limited’s revenue grew 59% to £2.2m in the year to 31 Mar 2026, with a loss of £4.9m and 3 employees. The company is classified under “activities of other holding companies” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 3 yrs · since 2023
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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: “TLG Midco Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|
| Disclosure | Profit only | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £1.4m | £2.2m |
| Operating profit | −£24.9k | −£106k | −£894k |
| Profit before tax | £149k | −£3.5m | −£4.9m |
| Profit after tax | £149k | −£3.5m | −£4.9m |
| Profit (best available) | £149k | −£3.5m | −£4.9m |
| Employees (average) | 2 | 3 | 3 |
| Ratios | |||
| Profit margin | — | −251.3% | −223.9% |
| Revenue per employee | — | £461k | £732k |
| Profit per employee | £74.3k | −£1.2m | −£1.6m |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲58.6% |
| Headcount growth | — | — | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | — | £57.3k | £13.7k |
| Net assets | £149k | −£3.3m | −£8.2m |
| Current assets | £308k | £233k | £446k |
| Debtors | £308k | £165k | £432k |
| Source | FullAccounts · bulk data Oct 2025 | FullAccounts · bulk data Oct 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- −223.9%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £732k
- Revenue ÷ average employees.
- Profit per employee
- −£1.6m
- 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
- 19.7%
- 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
- —
- Now −£8.2m
- Cash at bank
- ▼76%
- Now £13.7k
- Headcount
- 0%
- Now 3
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Foundation Investment Partners Management LLPultimate parent75–100%
- Foundation Investments Partners UK Limited75–100%
- Foundation Investment Partners II (GP) LLP75–100%
- TLG Topco Limited75–100%
- TLG Midco Limited75–100%
- Transforming Learning Group Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (4)
- Turn IT on LimitedRev. £20.6m · Profit −£49.9k
- Education Finance Solutions LimitedFigures not disclosed
- Salamandersoft LimitedFigures not disclosed
- SBM Services (UK) LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Mar 2026 (profit −£4.9m), from the Companies House accounts bulk data published Sep 2026. 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.