Northcoders upbeat as reset of business underway
The chief executive of digital training business Northcoders says a “genuine reset” of the business will deliver a positive outcome, despite a drop in revenue in interim results this morning.
The company made a pre-tax loss of £665K in the first half of the year after a sharp drop in revenue to £1.4 million from £3.7 million as government-funded training revenues reduced ahead of the full ramp-up of corporate work.
However, approximately £2.4 million of B2B corporate revenue has now been recognised or contracted for FY26... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
