NORTH LANCS. TRAINING GROUP C.I.C. Financials
- Company number
- 01948169CopyCopy
- Registered office
- The Old Bakery, Grange Lane, Accrington, Lancashire BB5 2BU
- Incorporated
- 18/09/1985
Company snapshot
- Status
- Active
- Employees
- 132 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
1.08%vs 20232023: £7.50M
Total Assets
-1.16%vs 20232023: £12.31M
Cash in Bank
3.66%vs 20232023: £2.00M
Total Liabilities
-17.62%vs 20232023: £668.91K
Employees
-10vs 20232023: 142
In 2024, NORTH LANCS. TRAINING GROUP C.I.C. reported net assets of £7.58M. The same filing shows total assets of £12.17M, cash in bank of £2.07M and total liabilities of £551.03K. Reported headcount was 132 in 2024. Total Assets fell from £12.31M in 2023 to £12.17M in 2024 (-1.16%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
1.08%from £7.50M in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures NORTH LANCS. TRAINING GROUP C.I.C. filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+1.8%vs 2022+0.9% a year compound (CAGR)
Cash in Bank
-6.8%vs 2022-3.5% a year compound (CAGR)
Total Assets
+0.2%vs 2022+<0.1% a year compound (CAGR)
Total Liabilities
-23.9%vs 2022-12.8% a year compound (CAGR)
Employees
-11.4%vs 2022-17Biggest increase
Net Assets+1.8%
£7.44M in 2022 to £7.58M in 2024
Biggest decrease
Total Liabilities-23.9%
£724.54K in 2022 to £551.03K in 2024
NORTH LANCS. TRAINING GROUP C.I.C.'s filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from NORTH LANCS. TRAINING GROUP C.I.C.'s own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 62.26%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 4.53%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 376.36%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 17.04%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for NORTH LANCS. TRAINING GROUP C.I.C. by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 7.33M | 7.44M | 7.50M | 7.58M |
| Total Assets£ | 11.97M | 12.15M | 12.31M | 12.17M |
| Cash in Bank£ | 2.49M | 2.23M | 2.00M | 2.07M |
| Total Liabilities£ | 796.23K | 724.54K | 668.91K | 551.03K |
| Employees | 150 | 149 | 142 | 132 |
NORTH LANCS. TRAINING GROUP C.I.C. financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for NORTH LANCS. TRAINING GROUP C.I.C. covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
NORTH LANCS. TRAINING GROUP C.I.C. reported net assets of £7.58M for 2024. That compares with £7.50M in 2023, a change of 1.08%.
NORTH LANCS. TRAINING GROUP C.I.C. reported total assets of £12.17M for 2024. That compares with £12.31M in 2023, a change of -1.16%.
NORTH LANCS. TRAINING GROUP C.I.C. reported cash in bank of £2.07M for 2024. That compares with £2.00M in 2023, a change of 3.66%.
NORTH LANCS. TRAINING GROUP C.I.C. reported 132 employees in 2024, compared with 142 in 2023.
Between 2022 and 2024, NORTH LANCS. TRAINING GROUP C.I.C.'s net assets rose by 1.8%, cash in bank fell by 6.8%, total assets rose by 0.2% and total liabilities fell by 23.9%. Net assets compounded at 0.9% a year across the two years to 2024, from £7.44M to £7.58M. Reported headcount went from 149 in 2022 to 132 in 2024 (-17).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.