BOARD M.I.T. LIMITED
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Cash
£1.2m
-22.8% vs 2024
Net assets
-£18m
+5.9% vs 2024
Employees
83
-15.3% vs 2024
Profit before tax
£928k
-38.7% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £31,697,410 | £31,295,709 | -1.3% | |
| Operating profit | £2,053,094 | £1,312,400 | -36.1% | |
| Profit before tax | £1,513,889 | £928,418 | -38.7% | |
| Net profit | £1,490,236 | £1,065,461 | -28.5% | |
| Cash | £1,499,881 | £1,157,572 | -22.8% | |
| Total assets less current liabilities | -£18,644,583 | -£17,257,078 | +7.4% | |
| Net assets | -£18,978,051 | -£17,863,503 | +5.9% | |
| Equity | — | — | — | |
| Average employees | 98 | 83 | -15.3% | |
| Wages | £12,916,537 | £10,903,589 | -15.6% | |
| Directors' remuneration | £232,308 | £0 | -100% | |
| Directors' pension contributions | £16,731 | £0 | -100% | |
| Highest paid director | £232,308 | £0 | -100% |
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 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating margin | 6.5% | 4.2% | |
| Net margin | 4.7% | 3.4% | |
| Gearing (liabilities / total assets) | 229.8% | 254.6% | |
| Current ratio | 0.42x | 0.38x | |
| Interest cover | 3.81x | 3.42x |
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.
Name history
Renamed 3 times since incorporation
- BOARD M.I.T. LIMITED 2006-02-08 → present
- ORENBURG LIMITED 1998-05-06 → 2006-02-08
- ORENBURG CONSULTING LIMITED 1996-07-02 → 1998-05-06
- WEBLYNX LIMITED 1996-05-15 → 1996-07-02
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Forvis Mazars
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The company is reliant on the continued support of its parent undertaking, being the major trade creditor. The parent company has provided an undertaking of continued support for a period of at least twelve months from the approval of the financial statements.”
Significant events
- “On 29 September 2025, the company changed its registered address from Penrose House, 67 Hightown Road, Banbury, Oxfordshire, OX16 9BE to The Threshing Barn, Manor Barns, Coates Lane, High Wycombe, HP13 5UX.”
- “On 8 April 2026, the company changed its registered address from The Threshing Barn... to 3 Noble Street, London, United Kingdom, EC2V 7EE.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SABATINI, Niccolo | Director | 2022-06-01 | Jun 1984 | Italian |
| SCALFI, Giulia | Director | 2024-06-28 | Sep 1969 | Italian |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FERRARI, Pietro | Secretary | 1999-01-11 | 2022-08-31 |
| JONES, Philip Leslie | Secretary | 1996-06-24 | 1999-01-11 |
| THE OXFORD SECRETARIAT LIMITED | Corporate Secretary | 1996-05-15 | 1996-06-24 |
| DE GRENET, Andrea | Director | 2021-03-31 | 2022-06-01 |
| GROSSI, Giovanni | Director | 1998-10-23 | 2021-03-31 |
| LECLERCQ, Raymond Charles Alexandre | Director | 2023-09-21 | 2024-06-28 |
| SMITH, Paul Alan | Director | 2022-06-01 | 2023-09-20 |
| TRAVERSO, Andrea | Director | 1996-06-24 | 1998-12-20 |
| THE OXFORD LAW PUBLISHING COMPANY LIMITED | Corporate Director | 1996-05-15 | 1996-06-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Franco Rosi | Individual | Shares 50–75%, Voting 50–75%, Appoints directors | 2016-04-06 | Ceased 2021-04-19 |
Filing timeline
Last 20 of 114 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-28 | AA | accounts | Accounts with accounts type full | |
| 2026-05-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-08 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-10-03 | AA | accounts | Accounts with accounts type medium | |
| 2025-09-29 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-05-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-05-13 | CH01 | officers | Change person director company with change date | |
| 2024-10-05 | AA | accounts | Accounts with accounts type medium | |
| 2024-06-28 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-28 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-05-07 | CH01 | officers | Change person director company with change date | |
| 2023-12-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-10-12 | AA | accounts | Accounts with accounts type medium | |
| 2023-10-05 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-05 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-05-10 | CH01 | officers | Change person director company with change date | |
| 2022-09-28 | AA | accounts | Accounts with accounts type full | |
| 2022-09-07 | TM02 | officers | Termination secretary company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.