BD MANAGEMENT SERVICES LTD

• ⚠

  Material uncertainty over going concern

  The directors acknowledge the company's financial dependence on the parent and the risk of being owned and controlled by Local Government during current financial pressures. There may be a material uncertainty due to wider pressures on public funding and company's reliance on central government funding.

• ◆

  8 officer resignations in last 12 months

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

• ◆

  1 PSC 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

  -15.5%

  £40,590,763 → £34,308,841

• Cash

  -59.9%

  £1,365,978 → £547,812

  lowest in 3 filed years

• Net assets

  +102%

  £3,832,887 → £7,743,039

  highest in 3 filed years

• Employees

  +50%

  102 → 153

  highest in 3 filed years

• Operating profit

  -16.8%

  £4,662,859 → £3,879,576

• Profit before tax

  -16.2%

  £4,666,736 → £3,910,152

  first positive since 2023

• Wages

  +19.1%

  £4,569,915 → £5,442,453

  highest 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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Menzies LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The directors acknowledge the company's financial dependence on the parent and the risk of being owned and controlled by Local Government during current financial pressures. There may be a material uncertainty due to wider pressures on public funding and company's reliance on central government funding.”

Significant events

• “Turnover decreased 15% from £40.6m in 2023-24 to £34.3m.”
• “Cost of sales decreased from £35.5m in 2023-24 to £30.1m, a decrease of 15% year on year.”
• “Operating profit of £3.9m in 2024-25 a reduction of 17% on the 2023-24 profit of £4.7m.”
• “Trading has continued to be challenging with legacy issues still exerting an influence, a high inflation economy and difficulties in recruiting and managing a diverse workforce. Labour and materials costs have increased as upward inflationary pressure continued to exert an influence during 2024-25.”

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

Filings

19

last 12 months

Capital events

0

last 24 months

Officers appointed

6

last 12 months

Officers resigned

8

last 12 months

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