TIALIS ESSENTIAL IT MANAGE LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -7%

  £22,412,962 → £20,841,650

• Cash

  +207.7%

  £268,430 → £826,014

• Net assets

  -23.9%

  £2,513,251 → £1,911,593

• Employees

  -0.4%

  279 → 278

• Operating profit

  -103.9%

  £1,021,228 → -£39,396

• Profit before tax

  -110.7%

  £935,623 → -£99,739

• Wages

  +1%

  £10,271,198 → £10,368,936

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. 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. TIALIS ESSENTIAL IT MANAGE LIMITED 2022-11-17 → present
2. IDE GROUP MANAGE LIMITED 2017-11-30 → 2022-11-17
3. CORETX MANAGE LIMITED 2016-04-11 → 2017-11-30
4. SELECTION SERVICES LIMITED 2010-01-25 → 2016-04-11
5. SELECTION SERVICES PUBLIC LIMITED COMPANY 1992-11-16 → 2010-01-25
6. SHOWFORM LIMITED 1992-10-26 → 1992-11-16

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Barnes Roffe LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have taken into consideration the letter of support from the directors of the Company's ultimate parent company, Tialis Essential IT plc, which confirms their commitment to support the Company for at least 12 months after the date of approval of the financial statements. They have also satisfied themselves that the ultimate parent company is able to provide such support. The directors therefore have an expectation that the Company has adequate resources available to it to continue in operational existence for the foreseeable future. Accordingly, the Company, as a viable business, continues to adopt the going concern basis in preparing its financial statements.”

Significant events

• “On 1 February 2023, Tialis Essential IT Manage Limited, the trading subsidiary of Tialis Essential IT PLC, acquired the profitable partner contracts from Allvotec Limited via a back-to-back agreement with Tialis Essential IT PLC, a division of Daisy Group, for an initial consideration of £2.042 million. An original estimated £0.1 million of deferred consideration was provided in 2023. The acquisition brought three new channel partners to Tialis, supporting the diversification of Tialis' partner base and built on the existing relationship that Tialis has with its largest channel partner.”
• “During the year 2024, Tialis was able to agree renewals and extensions of the existing contracts and as a consequence, the deferred consideration estimate has increased to £1.055 million, which once agreed will be paid in shares issued in Tialis Essential IT PLC, also at an effective price of 89.2 pence per ordinary share. This increase of £971,243 is shown as a fair value adjustment on the face of the Statement of Comprehensive Income.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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.