PROMISE TRAINING CENTRE LIMITED

Active
Company number 06870288Private limited companyIncorporated 2009
⚠ Confirmation statement overdue. It was due on 1 Nov 2026.

Key figures

£16,100+141.5%
Net assets 2024/25
-59.1%
Average annual change 2019/20–2024/25
0500 k1 m1.5 m2019/202020/212021/222022/232023/242024/25

PROMISE TRAINING CENTRE LIMITED does not disclose its turnover in its latest accounts; the profit for the year is as stated in the accounts.

Ratios

2024/25

Sector comparison

SIC 85590

Where the company stands among the 38,102 active companies whose first SIC code is 85590 (Other education n.e.c.).

Net assets£16,100
Higher than 67% · median £3,554
Total assets£816,909
Higher than 93% · median £17,282
Cash£244,284
Higher than 85% · median £12,548
Employees25
Higher than 96% · median 1
Company age17.6 years
Older than 90% · median 4.1 years

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 38,102. The line on each bar marks the median.

Summary: PROMISE TRAINING CENTRE LIMITED

What kind of company is it?

PROMISE TRAINING CENTRE LIMITED is a private limited company registered with Companies House under company number 06870288. It was incorporated on 6 Apr 2009. Its status is active. The registered office is in Kingston upon thames (KT1). Its nature of business (SIC 2007) is other education n.e.c. (85590).

How is the company doing financially?

The latest accounts in the database are for 2024/25 (period ending 30 Apr 2025); the company files abridged accounts (unaudited). Profit for the year was £951,434. Net assets were £16,100, up 141.5% on the previous year. Cash at bank and in hand was £244,284. Total assets were £816,909 and total liabilities £800,809. The company had an average of 25 employees. Figures are available for 6 financial years (2019/20–2024/25).

How does it compare with similar companies?

Compared with 38,102 active companies whose first SIC code is 85590: By net assets it ranks higher than 67% of them (median £3,554). By total assets it ranks higher than 93% of them (median £17,282). By cash it ranks higher than 85% of them (median £12,548). By number of employees it ranks higher than 96% of them (median 1). It is older than 90% of them (median age 4.1 years).

Does it supply the public sector?

The company is named as the supplier in one public contract award notice, from Department For Education. 1 of the awards is shared with other suppliers, typically framework agreements.

Who runs and controls the company?

The company has 1 current director. One person with significant control is registered.

When are its next filings due?

The next accounts are due by 31 Jan 2027. The next confirmation statement is due by 1 Nov 2026.

Dividends

from the accounts
2024/25

Dividends paid in the financial year: £942,000 (99% of the profit for the year).

Filed accounts2019/20–2024/25
2020/212021/222022/232023/242024/25
Profit for the year————951,434
Cash at bank and in hand————244,284
Total assets1,955,1151,671,854835,878656,817816,909
Total liabilities643,5641,454,124730,933653,594800,809
Net assets / total equity1,300,356215,18999,7016,66616,100
Average number of employees2227262625
Dividends paid————942,000

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Public contracts

1 contract

PROMISE TRAINING CENTRE LIMITED is named as a supplier in 1 public contract award notice from Department For Education. 1 award is shared with other suppliers.

Contract
  1. Adult Education Budget‡Department For Education · shared by 147 suppliers, up to £48,309,487 in total

From contract award notices on Contracts Finder (since 2016) and Find a Tender (since 2021), published by the Cabinet Office under the Open Government Licence v3.0. Values are as published by the buyer and usually cover the whole contract term; the total leaves out awards shared between several suppliers, where the published figure is a ceiling for all of them, placeholder values and single figures of £1 billion or more. Notices marked ‡ do not state a company number and were linked by an exact match on the registered name. Contracts below the publication thresholds and those of devolved buyers that publish elsewhere are not included.

History

17 events
  1. Financial year 2024/25 endedAccounts: net assets £16.1k, 25 employees
  2. Financial year 2023/24 endedAccounts: net assets £6,666, 26 employees
  3. Financial year 2022/23 endedAccounts: net assets £99.7k, 26 employees
  4. Financial year 2021/22 endedAccounts: net assets £215.2k, 27 employees
  5. Financial year 2020/21 endedAccounts: net assets £1.3m, 22 employees
  6. Xashi Group Limited registered as a person with significant control
  7. Mr Mohamed Farah ceased to be a person with significant control
  8. Halimo HOUSSEIN ABDI resignedDirector
Earlier events (9)
  1. Financial year 2019/20 endedAccounts: net assets £1.4m, 7 employees
  2. Mohamed FARAH appointedDirector
  3. Mr Mohamed Farah registered as a person with significant control
  4. Mr Mohamed Xashi Farah ceased to be a person with significant control
  5. Mr Mohamed Xashi Farah registered as a person with significant control
  6. Fouad HERSI-HASHI resignedDirector
  7. Halimo HOUSSEIN ABDI appointedDirector
  8. Fouad HERSI-HASHI appointedDirector
  9. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current and former persons with significant control, and the end of each financial year with figures in the database.