{"name":"MANTRA LEARNING LIMITED","company_number":"02743170","status":"Active","type":"Private Limited Company","incorporated":"1992-08-27","dissolved":null,"registered_office":"Greengate, Middleton, Manchester, M24 1RU","postcode":"M24 1RU","sic_codes":[{"code":85320,"description":"Technical and vocational secondary education"},{"code":85410,"description":"Post-secondary non-tertiary education"},{"code":85530,"description":"Driving school activities"},{"code":85600,"description":"Educational support services"}],"principal_activity":"The principal activity of the company and group continued to be that of a logistics learning and development organisation.","previous_names":[{"name":"MANCHESTER TRAINING LIMITED","changed_on":"2009-03-10"}],"warnings":[],"accounts":{"category":"Group","year_end":"30 September","last_made_up_to":"2025-09-30","next_due":"2027-06-30"},"employees":{"count":137,"accounts_date":"2025-09-30"},"financials":[{"financial_date":"2025-09-30","profit_loss":318216,"net_assets":5699105,"cash":2742641,"average_employees":137},{"financial_date":"2024-09-30","profit_loss":1036261,"net_assets":6482650,"cash":3273303,"average_employees":137},{"financial_date":"2023-09-30","net_assets":3385074,"cash":818084},{"financial_date":"2022-09-30","net_assets":3207196,"cash":201329},{"financial_date":"2021-09-30","net_assets":2782631,"cash":309107}],"officers":{"current":2,"resigned":10,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":3,"outstanding":2},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Mantra Learning has transformed from a near-insolvent business in 2016 to one of the more financially robust independent training providers in the UK FE sector, with net assets of £5.70M and cash reserves of £2.74M providing exceptional balance sheet strength for a sector where thin capitalisation is the norm. The 2025 financial year saw meaningful contraction — revenue fell 12% and EBITDA declined 57% — driven primarily by the government's abrupt closure of the National Skills Bootcamp programme, which had been a significant and high-margin revenue stream. While the business's multi-brand structure, national logistics infrastructure, and Ofsted \"Good\" ratings provide genuine competitive advantages, its fundamental dependency on government funding decisions remains an existential vulnerability that no amount of operational excellence can fully mitigate. The board's strategy to backfill lost Bootcamp volume with apprenticeship growth to 400+ learners is sound in principle, but the margin and cash conversion characteristics of apprenticeships differ materially, meaning the path to restored profitability will require careful execution.","website":"http://mantralearning.co.uk","links":{"page":"https://www.companiesintheuk.co.uk/ltd/mantra-learning","people":"https://www.companiesintheuk.co.uk/company/mantra-learning/people","filing_history":"https://www.companiesintheuk.co.uk/company/mantra-learning/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/02743170","financials":"https://www.companiesintheuk.co.uk/company/mantra-learning/financial","control":"https://www.companiesintheuk.co.uk/company/mantra-learning/control","charges":"https://www.companiesintheuk.co.uk/company/mantra-learning/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/mantra-learning/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/mantra-learning"}