OPEN COLLEGE NETWORK CREDIT4LEARNING
Company number 04703401 · Monitor this company
The annual accounts for this company are overdue.
Executive summary
OPEN COLLEGE NETWORK CREDIT4LEARNING must be declined for any credit facility due to an active proposal to strike off the company from the Companies House register, which signals imminent dissolution. The financial position reinforces this decision: consecutive operating losses, declining revenues, mounting tax liabilities, and negligible tangible assets provide no basis for confidence in repayment capacity. Even if the strike-off were resolved, the thin equity base, limited cash reserves, and uncertain leasehold position would warrant a conditional approach at best with significant covenants and monitoring requirements.
Shareholders' funds
£33,274
Balance sheet as at 2020-07-31
Overview
- Company type
- PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
- Incorporated
- 2003-03-19
- Registered office
- Office 6b, Amity House, 5-7 Coniscliffe Road, Darlington, County Durham, England, DL3 7EE
- Postcode
- DL3 7EE
- Accounts category
- Total Exemption Full
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2024-07-31
- Next due by
- 2026-04-30 Overdue
- Financial year end
- 31 July
Confirmation statement
- Last statement dated
- 2026-03-19
- Next due by
- 2027-04-02
Nature of business (SIC)
- 85590 Other education not elsewhere classified
- 85600 Educational support services
Officers 2 current · 24 resigned
Registered charity
OPEN COLLEGE NETWORK CREDIT4LEARNING — charity number 1097093
Source: Charity Commission for England and Wales register, Open Government Licence v3.0.
Previous company names
| Name | Date changed |
|---|---|
| OPEN COLLEGE NETWORK OXFORD, THAMES AND CHILTERN | 2010-04-15 |
| OPEN COLLEGE NETWORK OXFORD AND CHILTERN REGION | 2005-07-07 |
| THE CHILTERN REGION OPEN COLLEGE NETWORK AND ACCESSCONSORTIUM | 2004-07-15 |
Previous registered addresses 2
| Address | Changed on |
|---|---|
| NASH HOUSE, REPTON PLACE WHITE LION ROAD, AMERSHAM, BUCKS, HP7 9LP | 2020-05-15 |
| MAYBROOK HOUSE 224 QUEENSWAY, BLETCHLEY, MILTON KEYNES, BUCKINGHAMSHIRE MK2 2GE | 2006-05-15 |
Among its peers
Top 25%
by shareholders' funds, of 81 similar companies in DL
Among the oldest 25% of its local peers, trading since 2003.
No.20 of the largest other education not elsewhere classified companies in Darlington →
Competitors Darlington
This company ranks 20 among other education not elsewhere classified in Darlington.
The class of 2003
42%
of the 722 companies in this sector incorporated in 2003 are still active today; 55% have since been dissolved.
A fact about the year, not a forecast for this company.