FINANCIAL SUPPORT SYSTEMS LTD

• ⚠

  Confirmation statement overdue

  Due 2026-05-19.

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  -54.3%

  £20,923,283 → £9,559,670

  lowest in 3 filed years

• Cash

  -46.2%

  £644,402 → £346,429

  lowest in 3 filed years

• Net assets

  -39.4%

  £4,659,547 → £2,824,010

• Employees

  -49%

  241 → 123

• Profit before tax

  -101.6%

  £2,189,649 → -£35,537

  lowest in 3 filed years

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. FINANCIAL SUPPORT SYSTEMS LTD 2018-01-30 → present
2. DEBT SUPPORT SYSTEMS LTD 2017-05-18 → 2018-01-30

Accounting basis

FRS 102 §1A

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Tree Accountancy Limited

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 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.”

Significant events

• “The turnover of the company decreased by 54.31% during the financial year. This decline was primarily attributed to a reduced intake of new customers, resulting in a significant decrease in Nominee Fees recognised during the period.”
• “Additionally, the customer base contracted due to natural completions and failures of existing Individual Voluntary Arrangements (IVAs).”
• “During the financial year ended 31 May 2024, the company experienced a declining customer book, having onboarded no new customers while existing customers completed or terminated their plans.”
• “No new customers were taken on during the year to 31 May 2025, the company is presently evaluating its position from a strategic perspective, considering both market conditions and internal capabilities.”

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

Filings

7

last 12 months

Capital events

0

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.