{"name":"PGL TRAINING (PLUMBING) LIMITED","company_number":"05114567","status":"Active","type":"Private Limited Company","incorporated":"2004-04-28","dissolved":null,"registered_office":"Learning Curve Group 1-10 Dunelm Rise, Durhamgate, Spennymoor, England, England, DL16 6FS","postcode":"DL16 6FS","sic_codes":[{"code":85590,"description":"Other education not elsewhere classified"}],"principal_activity":"The principal activity of the company is the operation of a training facility.","previous_names":[],"warnings":[],"accounts":{"category":"Small","year_end":"31 January","last_made_up_to":"2025-01-31","next_due":"2027-01-31"},"employees":{"count":35,"accounts_date":"2023-08-31"},"financials":[{"financial_date":"2023-08-31","net_assets":725185,"cash":772170,"average_employees":35},{"financial_date":"2022-08-31","net_assets":1232452,"cash":1262079,"average_employees":42},{"financial_date":"2021-08-31","net_assets":1553150,"cash":1387293},{"financial_date":"2020-08-31","net_assets":1248483,"cash":824824},{"financial_date":"2019-08-31","net_assets":1216727,"cash":267298}],"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":"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.","website":"http://www.pgltraining.com","links":{"page":"https://www.companiesintheuk.co.uk/ltd/pgl-training-(plumbing)","people":"https://www.companiesintheuk.co.uk/company/pgl-training-(plumbing)/people","filing_history":"https://www.companiesintheuk.co.uk/company/pgl-training-(plumbing)/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/05114567","financials":"https://www.companiesintheuk.co.uk/company/pgl-training-(plumbing)/financial","control":"https://www.companiesintheuk.co.uk/company/pgl-training-(plumbing)/control","charges":"https://www.companiesintheuk.co.uk/company/pgl-training-(plumbing)/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/pgl-training-(plumbing)/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/pgl-training-(plumbing)"}