BYTES SOFTWARE SERVICES LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. BYTES SOFTWARE SERVICES LIMITED 2009-03-02 → present
2. BYTES TECHNOLOGY GROUP LIMITED 1997-10-16 → 2009-03-02
3. BYTES COMPUTERS LTD 1994-09-29 → 1997-10-16
4. BYTES COMPUTER SUPPLIES LIMITED 1982-02-25 → 1994-09-29

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At 28 February 2026, the Company held instantly accessible cash and cash equivalents of £46.9 million, with net current assets of £26.4 million and net assets of £41.8 million. Operating profit for the year ended 28 February 2026 was £44.0 million. Post year end the Company has remained cash positive and this is expected to remain the case with continued profitable operations in the future and customer receipts collected ahead of making the associated supplier payments. The Company has obtained a parental letter of support from its ultimate parent company, Bytes Technology Group plc ("BTG" or the "Group") which covers the going concern period through to 31 August 2027. The letter confirms that the Group will support the Company in meeting its liabilities as and when they fall due, but only to the extent that money is not otherwise available within the Company to meet such liabilities. Management has assessed the ability of BTG to provide such support should it be required and has a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. The Directors are confident that the Group had adequate resources in place to continue in operational existence from the date of approval of the financial statement through to 31 August 2027. Under all scenarios assessed, the Group would remain cash positive throughout the whole of the going concern period with no requirement to call upon the revolving credit facility and remaining compliant with the bank facility covenants. Therefore, the combined impact of the above downside sensitivities and mitigating actions indicates that the Group will have sufficient funds to enable it to operate within its available facilities and settle its liabilities as they fall due during the going concern assessment period in a reasonable worst-case scenario. As a result of the above considerations, the Company considers that the Group has adequate resources in place from the date of the approval of these financial statements to provide support if required until the end of the going concern period and have therefore adopted the going concern basis of accounting in preparing the financial statements.”

Group structure

1. BYTES SOFTWARE SERVICES LIMITED · parent
   1. Bytes Technology Group Holdings Limited 100% · Dormant
   2. Bytes Technology Training Limited 100% · Dormant

Significant events

• “On 24 March 2026, Bytes Technology Group plc (BTG), the Company's ultimate parent company, announced that from July 2026, the BTG Group will further align its go-to-market approach, with the Company becoming focused on the private sector only, meaning that the private sector business (customers and certain staff) of Phoenix Software Limited (PSL), another company under the 100% ownership of BTG, is being transferred into the Company. This is an important step towards deepening sector expertise and enabling our teams to deliver increasingly specialised support to private sector customers. The transition will be carefully sequenced and managed, with a small number of PSL colleagues moving to the Company and customers continuing to be supported throughout. At the same time, the Company's public sector business will transfer to PSL who will become focused on the public sector only.”
• “In May 2026 BTG extended its Revolving Credit Facility (RCF) by three years to 17 May 2029. The Company has provided a guarantee against the RCF which all entities within the BTG Group have access to (see note 22(c) of the Annual Report and Accounts for BTG for the year ended 28 February 2026).”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.