LONDON MARKET OPERATIONS AND STRATEGIC SOURCING LIMITED

• ◆

  5 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

  +18.8%

  £22,561,762 → £26,794,265

• Cash

  +6.3%

  £5,333,343 → £5,671,731

  highest in 4 filed years

• Net assets

  -5.1%

  -£31,648 → -£33,268

  lowest in 3 filed years

• Employees

  +6.9%

  29 → 31

  highest in 4 filed years

• Wages

  +16.4%

  £3,477,363 → £4,048,925

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

Kreston Reeves LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Despite the company being in a net current liability position £33,268 (2023: £31,648) and a net liability position of £33,268 (2023: £31,648), the financial statements have been prepared on a going concern basis. This is because the company operates on a not-for-profit basis and prepares a budget for each year”

Significant events

• “LIMOSS stood down the central Market service and pivoted it to an elective bordereaux management service.”
• “GEO will become an elective market service; plans to supplement with additional services creating a Geospatial panel.”
• “LIMOSS developed a new Delegated Authority service (Computable Binding Authority Agreements) in partnership with the LMA.”
• “Transition of the Delegated Audit Manager (DAM) service from The Corporation of Lloyd's to LIMOSS, scheduled for Q1 2025 launch.”
• “Critical focus on upgrading the OCR engine for data extraction used by the SDC Market Service.”

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

Filings

12

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

5

last 12 months

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