INDUSTRIAL TRAINING SERVICES LTD
Company number 02382479 · Monitor this company
Executive summary
Industrial Training Services Ltd is a cash-rich, debt-free, family-managed industrial training provider with £498k of net assets and £476k of cash, compounding equity at roughly 22% annually over three years on a flat 13-person headcount — a strong operating-leverage story built on a differentiated mobile delivery fleet and 37 years of incumbency. Its most attractive growth levers are cross-selling into the Capital Engineering Group client base, converting compliance training into contracted recurring revenue, and deploying surplus cash into digital delivery or bolt-on acquisitions in a fragmented market. The principal risks are proven cyclicality (a 58% equity drawdown between FY2020 and FY2023), client concentration, digital substitution of classroom training, and — most strategically — the fact that a parent owning more than 75% of the equity appears to be extracting roughly £100–150k annually, positioning ITS as a cash-harvesting asset rather than a growth platform.
Shareholders' funds
£405,125
Balance sheet as at 2026-03-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 1989-05-10
- Employees
- 13 (2026 accounts)
- Registered office
- Khan Thornton, 14-18 Heralds Way, South Woodham Ferrers, Chelmsford, England, CM3 5TQ
- Postcode
- CM3 5TQ
- Capital
- 1,250 GBP
- Accounts category
- Total Exemption Full
Accounts
- Last made up to
- 2026-03-31
- Next due by
- 2027-12-29
- Financial year end
- 29 March
Confirmation statement
- Last statement dated
- 2026-04-22
- Next due by
- 2027-05-06
Nature of business (SIC)
- 82990 Other business support service activities not elsewhere classified
Officers 3 current · 9 resigned
Data protection registration
Registered with the ICO as a data protection fee payer — Z7981701 (Tier 1), registered since 2003.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Contact details
Previous company names
| Name | Date changed |
|---|---|
| INDUSTRIAL TRAINING SERVICES (SOUTH EAST) LIMITED | 2000-02-28 |
Previous registered addresses 4
| Address | Changed on |
|---|---|
| THE OLD WHEEL HOUSE, 31-37 CHURCH STREET, REIGATE, SURREY, RH2 0AD | 2019-11-22 |
| HALTGATE HOUSE, 52-54 HULLBRIDGE ROAD, SOUTH WOODHAM FERRERS, ESSEX CM3 5NH | 2006-11-10 |
| THE OLD POST OFFICE, 14-18 HERALDS WAY, SOUTH WOODHAM, FERRERS, CHELMSFORD, ESSEX CM3 5TQ | 2003-04-25 |
| UNIT 6, BLACKALL INDUSTRIAL ESTATE, SOUTH WOODHAM FERRERS, NR.CHELMSFORD ESSEX CM3 5UW | 2001-03-21 |
Among its peers
Top 25%
by shareholders' funds, of 1,812 similar companies in CM
Among the biggest employers among its local peers (13 staff).
Among the oldest 25% of its local peers, trading since 1989.
Competitors Chelmsford
This company ranks 186 among other business support service activities not elsewhere classified in Chelmsford.
The class of 1989
38%
of the 683 companies in this sector incorporated in 1989 are still active today; 61% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 1 title
- Leasehold
- 1
- Most recent registration
- 2025-07-03
- Where
- Essex
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| AA84731 | Essex | Leasehold | 2025-07-03 | — |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.