{"name":"INDUSTRIAL TRAINING SERVICES LTD","company_number":"02382479","status":"Active","type":"Private Limited Company","incorporated":"1989-05-10","dissolved":null,"registered_office":"Khan Thornton, 14-18 Heralds Way, South Woodham Ferrers, Chelmsford, England, CM3 5TQ","postcode":"CM3 5TQ","sic_codes":[{"code":82990,"description":"Other business support service activities not elsewhere classified"}],"principal_activity":null,"previous_names":[{"name":"INDUSTRIAL TRAINING SERVICES (SOUTH EAST) LIMITED","changed_on":"2000-02-28"}],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"29 March","last_made_up_to":"2026-03-31","next_due":"2027-12-29"},"employees":{"count":13,"accounts_date":"2026-03-31"},"financials":[{"financial_date":"2026-03-31","net_assets":498142,"cash":476215,"average_employees":13},{"financial_date":"2025-03-31","net_assets":445789,"cash":314705,"average_employees":13},{"financial_date":"2024-03-31","net_assets":361217,"cash":283699,"average_employees":13},{"financial_date":"2023-03-29","net_assets":274810,"cash":279237},{"financial_date":"2022-03-29","net_assets":250803,"cash":127429}],"officers":{"current":3,"resigned":9,"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":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_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.","website":"http://www.industrial-training-services.co.uk","links":{"page":"https://www.companiesintheuk.co.uk/ltd/industrial-training-services","people":"https://www.companiesintheuk.co.uk/company/industrial-training-services/people","filing_history":"https://www.companiesintheuk.co.uk/company/industrial-training-services/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/02382479","financials":"https://www.companiesintheuk.co.uk/company/industrial-training-services/financial","control":"https://www.companiesintheuk.co.uk/company/industrial-training-services/control","ai_analysis":"https://www.companiesintheuk.co.uk/company/industrial-training-services/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/industrial-training-services"}