THE DERIVATIVES SERVICE BUREAU (DSB) LIMITED

Figures converted to GBP from EUR at 0.870 per EUR (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +60.1%

  £12,846,137 → £20,568,496

• Cash

  +61.6%

  £8,251,651 → £13,336,543

• Net assets

  +108%

  £3,468,593 → £7,213,864

• Employees

  —

  Not reported

• Operating profit

  +914.5%

  -£529,897 → £4,316,010

• Profit before tax

  +894.4%

  -£543,310 → £4,316,010

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company's financial statements have been prepared on a going concern basis on the grounds that current and future sources of funding, liquidity or support will be more than adequate for the company's needs. In assessing going concern, on the basis that OTC ISIN remains a service required to assist firms with fulfilling regulatory reporting obligations, user numbers have remained stable over several years, the positive launch of the UPI Service with implementation in five jurisdictions, and the prudent approach of the board with respect to financial reserves and cash flow management, the directors have a reasonable expectation that the company will continue as a going concern and is able to meet all of its obligations as they fall due for a minimum of 12 months from the date of approval of these financial statements.”

Significant events

• “2024 was another full year of activity for the DSB. Users continued to contribute directly into the service evolution via both an annual consultation process and through industry representation groups - the Product Committee, Technology Advisory Committee and the Governance Advisory Committee.”
• “During the year, the DSB also achieved ISO 27001 certification - the international standard for information security management systems (ISMS).”
• “The OTC ISIN 2024 business plan benefited from excess revenue and cost efficiency savings from 2022 resulting in the estimated costs being reduced by €574K, directly impacting user fees.”
• “This has led to excess fee income in 2024 of €1,467K which will be applied as a reduction to the 2026 estimated costs.”

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

1

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.