TURN IT ON LIMITED
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Cash
£2.5m
+5.6% vs 2025
Net assets
£6m
-0.8% vs 2025
Employees
278
+15.8% highest in 5 filed years
Profit before tax
-£9.7k
-101.5% lowest in 3 filed years
Net assets
5-year trend · vs Technology median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2021-03-31 | 2022-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | £16,949,109 | £18,129,337 | £20,559,594 | +13.4% | |
| Operating profit | — | — | £1,039,553 | £650,332 | -£36,458 | -105.6% | |
| Profit before tax | — | — | £2,544,078 | £665,440 | -£9,682 | -101.5% | |
| Net profit | — | — | £2,377,471 | £573,767 | -£49,884 | -108.7% | |
| Cash | £2,324,654 | £2,511,370 | £582,907 | £2,367,185 | £2,499,612 | +5.6% | |
| Total assets less current liabilities | £2,154,451 | £2,884,871 | £5,638,463 | £6,288,658 | £6,254,221 | -0.5% | |
| Net assets | £2,154,451 | £2,884,871 | £5,518,401 | £6,092,168 | £6,042,284 | -0.8% | |
| Equity | £2,154,451 | £2,884,871 | £5,518,401 | £6,092,168 | £6,042,284 | -0.8% | |
| Average employees | 129 | 152 | 206 | 240 | 278 | +15.8% | |
| Wages | — | — | £6,067,075 | £7,888,601 | £9,649,903 | +22.3% | |
| Directors' remuneration | — | — | £399,153 | £556,854 | £436,400 | -21.6% | |
| Directors' pension contributions | — | — | £70,590 | £17,187 | £53,994 | +214.2% | |
| Highest paid director | — | — | £119,856 | £152,294 | £154,775 | +1.6% |
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 | 2021-03-31 | 2022-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | 6.1% | 3.6% | -0.2% | |
| Net margin | — | — | 14.0% | 3.2% | -0.2% | |
| Return on capital employed | — | — | 18.4% | 10.3% | -0.6% | |
| Gearing (liabilities / total assets) | 56.4% | 39.9% | 46.3% | 54.4% | 63.9% | |
| Current ratio | — | — | 1.26x | 0.84x | 0.88x | |
| Interest cover | — | — | — | — | -36.57x |
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
- Hazlewoods LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors therefore have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and have continued to adopt the going concern basis in preparing the financial statements.”
Group structure
- TURN IT ON LIMITED · parent
- Vital York Limited 100%
- School ICT Group Limited 100%
- School ICT Services Limited 100%
- The ONTO Group Limited 100%
- Turn It On Trustees Limited 100%
- Lexicon Lifeline Limited 100%
Significant events
- “Exceptional items in the current year consist of non-recurring recruitment, legal and professional, and redundancy costs.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BANNISTER, Sally | Director | 2022-04-01 | Nov 1972 | British |
| HUTTON, Francis Steven Bradley | Director | 2022-11-16 | Apr 1975 | British |
| WATSON, Thomas Lee | Director | 2022-04-01 | Dec 1986 | British |
| WELCH, Thomas Richard | Director | 2003-12-15 | Dec 1974 | British |
| WILD, Christopher | Director | 2022-04-01 | May 1973 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| WELCH, Emma | Secretary | 2014-01-04 | 2024-09-03 |
| WELCH, Richard Patrick | Secretary | 2003-12-15 | 2013-01-31 |
| THE OXFORD SECRETARIAT LIMITED | Corporate Secretary | 2003-12-15 | 2003-12-15 |
| DUNN, Benjamin Paul | Director | 2024-09-03 | 2025-02-28 |
| OXFORD FORMATIONS LIMITED | Corporate Director | 2003-12-15 | 2003-12-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Education Technology Services Bidco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-08-11 | Active |
| Mr Thomas Richard Welch | Individual | Shares 50–75%, Voting 50–75%, Appoints directors | 2016-12-15 | Ceased 2023-08-11 |
| Mrs Emma Louise Welch | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2023-08-11 |
Filing timeline
Last 20 of 99 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-12-18 RESOLUTIONS Resolution
- 2023-09-30 MA Memorandum articles
- 2023-09-30 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-17 | AA | accounts | Accounts with accounts type full | |
| 2026-02-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-27 | CH01 | officers | Change person director company with change date | |
| 2025-11-04 | CH01 | officers | Change person director company with change date | |
| 2025-10-02 | AA | accounts | Accounts with accounts type full | |
| 2025-02-28 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-24 | AA | accounts | Accounts with accounts type full | |
| 2024-09-05 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-09-04 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-03 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-03-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-12-22 | AA | accounts | Accounts with accounts type full | |
| 2023-12-18 | RESOLUTIONS | resolution | Resolution | |
| 2023-12-08 | SH01 | capital | Capital allotment shares | |
| 2023-10-26 | SH10 | capital | Capital variation of rights attached to shares | |
| 2023-10-25 | SH08 | capital | Capital name of class of shares | |
| 2023-09-30 | MA | incorporation | Memorandum articles | |
| 2023-09-30 | RESOLUTIONS | resolution | Resolution | |
| 2023-08-31 | PSC02 | persons-with-significant-control | Notification of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- 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.