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Next accounts due

2027-09-30 (in 1y)

Last filed for 2025-12-31

Confirmation statement due

2027-04-02 (in 11mo)

Last made up 2026-03-19

Watchouts

1 item

Cash

£108K

-39.8% vs 2024

Net assets

£419K

+231.1% highest in 5 filed years

Employees

41

+13.9% highest in 5 filed years

Profit before tax

£436K

+211.5% vs 2024

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

6-year trend · latest reflected 2025-12-31

Metric Trend 2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Turnover £18,945,676£24,500,048
Operating profit £138,032£439,263
Profit before tax £140,002£436,089
Net profit £99,085£314,226
Cash £178,784£107,697
Total assets less current liabilities £144,822£327,240£12,796£154,388£442,901
Net assets £94,822£281,793-£22,204£126,519£418,929
Equity £94,822£281,793-£22,204£15,983£126,519£418,929
Average employees 1018233641
Wages £2,228,006£2,583,489
Directors' remuneration £599,922£401,122

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

Year-on-year

FY2024 → FY2025 · period ending 2025-12-31 vs 2024-12-31

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating margin 0.7%1.8%
Net margin 0.5%1.3%
Return on capital employed 89.4%99.2%
Gearing (liabilities / total assets) 95.6%83.9%
Current ratio 0.92x1.06x

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 1 time since incorporation

  1. BSL-IT LTD 2019-10-03 → present
  2. BROTHER-SOLUTIONS LTD 2016-07-29 → 2019-10-03

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Auditor
Harris & Co (Accountants) Ltd
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

  1. BSL-IT LTD · parent
    1. BSL IT South Limited 80% · England and Wales · IT products and services

Significant events

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

People

2 active · 3 resigned

Name Role Appointed Born Nationality
HERRING, Darren Stephen Director 2021-05-24 Sep 1982 British
LEWIS, Matthew Paul Director 2019-10-02 Feb 1995 British
Show 3 resigned officers
Name Role Appointed Resigned
FRANKLIN, Adam David Director 2016-08-10 2024-03-13
FRANKLIN, Luke Michael Director 2016-08-10 2022-02-01
SMART, William Director 2016-07-29 2018-03-28

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Darren Stephen Herring Individual Shares 25–50%, Voting 25–50% 2022-06-01 Active
Mr Matthew Paul Lewis Individual Shares 25–50%, Voting 25–50% 2019-10-02 Active
Mr Adam David Franklin Individual Shares 25–50% 2016-08-10 Ceased 2024-06-26
Mr Luke Michael Franklin Individual Shares 25–50%, Voting 25–50% 2016-08-10 Ceased 2022-02-01
Mr William Smart Individual Shares 75–100%, Voting 75–100%, Appoints directors 2016-07-29 Ceased 2016-08-10

Filing timeline

Last 20 of 113 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2026-04-02 MA Memorandum articles
  • 2026-04-02 RESOLUTIONS Resolution
Date Type Category Description
2026-04-02 MA incorporation Memorandum articles
2026-04-02 RESOLUTIONS resolution Resolution
2026-03-27 AA accounts Accounts with accounts type group PDF
2026-03-19 CS01 confirmation-statement Confirmation statement with updates PDF
2026-03-17 SH01 capital Capital allotment shares PDF
2025-12-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-07-02 MR04 mortgage Mortgage satisfy charge full
2025-06-24 AA accounts Accounts with accounts type group
2025-04-04 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-03-28 CS01 confirmation-statement Confirmation statement with updates PDF
2025-03-27 SH06 capital Capital cancellation shares
2025-03-27 SH03 capital Capital return purchase own shares
2025-03-13 PSC04 persons-with-significant-control Change to a person with significant control PDF
2025-03-13 CH01 officers Change person director company with change date PDF
2025-01-31 CS01 confirmation-statement Confirmation statement with updates PDF
2025-01-24 SH06 capital Capital cancellation shares
2025-01-24 SH03 capital Capital return purchase own shares
2025-01-07 CS01 confirmation-statement Confirmation statement with updates PDF
2025-01-06 SH03 capital Capital return purchase own shares
2024-12-30 SH06 capital Capital cancellation shares

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
8

last 12 months

Capital events
7

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

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

Official Companies House page