PGL TRAINING (PLUMBING) LIMITED
Company number 05114567 · Monitor this company
Executive summary
PGL Training (Plumbing) Limited presents a mixed risk profile: the company remains solvent with adequate current liquidity and low leverage, but is experiencing a pronounced deterioration in net assets (41% decline in the latest year) and cash reserves (39% decline). The group structure under Pgl Training Holdings Limited complicates assessment, as the asset erosion may reflect dividend extraction rather than operational losses — a critical distinction that cannot be determined without access to the Profit & Loss Account. Immediate due diligence should focus on obtaining full financial statements, clarifying inter-company transactions, and understanding the parent company's strategic intentions for this subsidiary.
Shareholders' funds
£725,185
Balance sheet as at 2023-08-31
What it does
The principal activity of the company is the operation of a training facility.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 2004-04-28
- Employees
- 35 (2023 accounts · was 42 in 2022)
- Registered office
- Learning Curve Group 1-10 Dunelm Rise, Durhamgate, Spennymoor, England, England, DL16 6FS
- Postcode
- DL16 6FS
- Capital
- 100 GBP
- Accounts category
- Small
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2025-01-31
- Next due by
- 2026-10-31
- Financial year end
- 31 January
Confirmation statement
- Last statement dated
- 2026-04-28
- Next due by
- 2027-05-12
Nature of business (SIC)
- 85590 Other education not elsewhere classified
Officers 1 current · 10 resigned
Group structure
Controlled by PGL TRAINING HOLDINGS LIMITED — since 2016-04-06
From persons-with-significant-control filings on the public register.
Public contracts won 1
£74,702,770 total awarded value where published.
Contains public sector information licensed under the Open Government Licence v3.0 (Contracts Finder).
Contact details
- Website
- http://www.pgltraining.com
Previous registered addresses 8
| Address | Changed on |
|---|---|
| MICHAEL HOUSE CASTLE STREET, EXETER, DEVON, EX4 3LQ | 2020-12-04 |
| 8 JESU STREET, OTTERY ST MARY, DEVON, EX11 1EU | 2020-08-05 |
| 28 ALEXANDRA TERRACE, EXMOUTH, DEVON, EX8 1BD | 2017-05-22 |
| 97 FORE STREET, TOPSHAM, EXETER, DEVON, EX3 0HQ | 2009-11-18 |
| MICHAEL HOUSE CASTLE STREET, EXETER, DEVON, EX4 3LQ | 2008-12-04 |
| 8 JESU STREET, OTTERY ST MARY, DEVON, EX11 1EU | 2008-08-05 |
| P G L HOUSE, EXHIBITION WAY PINHOE, EXETER, DEVON EX4 8HX | 2005-03-18 |
| PGL HOUSE, EXHIBITION WAY, PINHOE, EXETER, EX4 8HX | 2004-08-11 |
Among its peers
Top 5%
by shareholders' funds, of 81 similar companies in DL
3rd largest employer among its local peers (35 staff).
Among the oldest 25% of its local peers, trading since 2004.
No.4 of the largest other education not elsewhere classified companies in Darlington →
Competitors Darlington
This company ranks 4 among other education not elsewhere classified in Darlington.
The class of 2004
43%
of the 617 companies in this sector incorporated in 2004 are still active today; 54% have since been dissolved.
A fact about the year, not a forecast for this company.