OLM SYSTEMS LIMITED
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Cash
£24
-97.7% lowest in 6 filed years
Net assets
£12M
+10.3% highest in 6 filed years
Employees
125
-12% lowest in 6 filed years
Profit before tax
£1.2M
+745.4% highest in 6 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Accounts not prepared on a going-concern basis
In November 2025, the Company's immediate parent undertaking, Civica UK Limited, announced in November 2025 that it had decided to transfer the operations of the Company into Civica UK Limited with a target date of February 2026. After such date, Civica UK Limited would take on the trade, assets and liabilities of the Company. This has resulted in the financial statements being prepared on the break-up basis on 30 June 2025, and all assets were written down to their net book value as at 30 June 2025. As a result the going concern basis of preparation was not deemed appropriate and the financial statements have been prepared on a break-up basis.
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1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
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Going-concern uncertainty disclosed
Net assets
6-year trend · vs Unclassified median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-06-30
| Metric | Trend | 2020-06-30 | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £14,380,257 | £15,078,046 | £14,115,862 | £13,084,677 | £11,719,611 | £11,302,988 | -3.6% | |
| Operating profit | £158,631 | £494,972 | £405,962 | £177,464 | -£784,532 | £618,963 | +178.9% | |
| Profit before tax | £322,587 | £676,038 | £609,670 | £584,270 | -£180,559 | £1,165,304 | +745.4% | |
| Net profit | £396,895 | £782,798 | £648,686 | £583,173 | -£180,559 | £1,161,794 | +743.4% | |
| Cash | £4,379,504 | £3,808,855 | £2,142,639 | £875,339 | £1,056 | £24 | -97.7% | |
| Total assets less current liabilities | £9,522,649 | £10,309,080 | £10,975,837 | £11,560,107 | £11,379,548 | £12,544,852 | +10.2% | |
| Net assets | £9,500,392 | £10,283,190 | £10,931,876 | £11,515,049 | £11,334,490 | £12,496,284 | +10.3% | |
| Equity | £9,500,392 | £10,283,190 | £10,931,876 | £11,515,049 | £11,334,490 | £12,496,284 | +10.3% | |
| Average employees | 166 | 169 | 169 | 152 | 142 | 125 | -12% | |
| Wages | £7,804,654 | £9,085,475 | £8,262,333 | £7,290,740 | £6,803,655 | £5,777,321 | -15.1% | |
| Directors' remuneration | — | — | — | — | — | — | — |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-06-30 | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 |
|---|---|---|---|---|---|---|---|
| Operating margin | 1.1% | 3.3% | 2.9% | 1.4% | -6.7% | 5.5% | |
| Net margin | 2.8% | 5.2% | 4.6% | 4.5% | -1.5% | 10.3% | |
| Return on capital employed | 1.7% | 4.8% | 3.7% | 1.5% | -6.9% | 4.9% | |
| Current ratio | — | — | — | — | 1.78x | 2.35x | |
| Interest cover | — | — | — | — | — | 8.00x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Ryecroft Glenton
- Audit opinion
- Unqualified (clean)
- Going concern
- Not a going concern (break-up basis)
“In November 2025, the Company's immediate parent undertaking, Civica UK Limited, announced in November 2025 that it had decided to transfer the operations of the Company into Civica UK Limited with a target date of February 2026. After such date, Civica UK Limited would take on the trade, assets and liabilities of the Company. This has resulted in the financial statements being prepared on the break-up basis on 30 June 2025, and all assets were written down to their net book value as at 30 June 2025. As a result the going concern basis of preparation was not deemed appropriate and the financial statements have been prepared on a break-up basis.”
Significant events
- “In November 2025, the Company's immediate parent undertaking, Civica UK Limited, announced in November 2025 that it had decided to transfer the operations of the Company into Civica UK Limited with a target date of February 2026. After such date, Civica UK Limited would take on the trade, assets and liabilities of the Company.”
- “OLM Group Limited entered into a share purchase agreement dated 12 September 2025 at which time OLM Systems Limited's immediate parent became Civica UK Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| STODDARD, Michael | Secretary | 2025-09-12 | — | — |
| O'REILLY, Gerald Eric | Director | 2025-09-12 | Sep 1970 | Canadian |
| PERKINS, Lee John | Director | 2025-09-12 | Apr 1973 | British |
| STODDARD, Michael | Director | 2025-09-12 | Sep 1957 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DE SALVO HALL, Stephanie | Secretary | 1997-03-12 | 1997-11-19 |
| HICKS, Christine Margaret | Secretary | 1999-06-30 | 2025-09-12 |
| MOORHOUSE, Kevin Joseph Alexander | Secretary | 1997-11-19 | 1999-06-30 |
| MOORHOUSE, Kevin Joseph Alexander | Secretary | — | 1997-03-11 |
| DE SALVO HALL, Stephanie | Director | 1997-07-15 | 1997-08-29 |
| GARNER, Jennifer Jane | Director | 1994-02-25 | 1994-09-13 |
| MOORHOUSE, Kevin Joseph Alexander | Director | — | 1999-06-30 |
| NASH, Kerry Malcolm | Director | — | 1994-09-13 |
| O'HARA, Peter Cairns | Director | — | 2025-09-12 |
| WOODS, Roger Paul | Director | — | 1992-06-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Civica Uk Limited | Corporate entity | Shares 75–100% | 2025-09-12 | Active |
| Mr Peter Cairns O'Hara | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2025-09-12 |
Filing timeline
Last 20 of 118 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-05 | AA01 | accounts | Change account reference date company current extended | |
| 2026-01-27 | AA | accounts | Accounts with accounts type full | |
| 2025-09-19 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-09-19 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-09-17 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-09-17 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-09-17 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-09-17 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-17 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-17 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-09-17 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-17 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-06-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-17 | AA | accounts | Accounts with accounts type full | |
| 2024-06-28 | AA | accounts | Accounts with accounts type full | |
| 2024-06-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-29 | AA | accounts | Accounts with accounts type full | |
| 2022-05-30 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 13
- Capital events
- 0
- Officers appointed
- 4
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.