TOLIA BIDCO LIMITED
Get an alert when TOLIA BIDCO LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-15 (in 6mo)
Last made up 2025-11-01
Watchouts
Cash
£5M
+14.9% vs 2023
Net assets
-£25M
-92.3% vs 2023
Employees
180
+29.5% vs 2023
Profit before tax
-£12M
+17% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £14,638,844 | £16,876,064 | |
| Operating profit | -£4,950,405 | -£2,275,689 | |
| Profit before tax | -£14,053,235 | -£11,660,203 | |
| Net profit | -£14,082,778 | -£12,093,541 | |
| Cash | £4,182,116 | £4,805,190 | |
| Total assets less current liabilities | £57,931,296 | £54,180,317 | |
| Net assets | -£12,951,290 | -£24,911,556 | |
| Equity | -£12,951,290 | -£24,911,556 | |
| Average employees | 139 | 180 | |
| Wages | £7,296,631 | £8,799,533 | |
| Directors' remuneration | £202,358 | £100,298 |
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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+15.3%
£14,638,844 £16,876,064
-
Cash
+14.9%
£4,182,116 £4,805,190
-
Net assets
-92.3%
-£12,951,290 -£24,911,556
-
Employees
+29.5%
139 180
-
Operating profit
+54%
-£4,950,405 -£2,275,689
-
Profit before tax
+17%
-£14,053,235 -£11,660,203
-
Wages
+20.6%
£7,296,631 £8,799,533
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -33.8% | -13.5% | |
| Net margin | -96.2% | -71.7% | |
| Return on capital employed | -8.5% | -4.2% | |
| Gearing (liabilities / total assets) | 121.2% | 143.8% | |
| Current ratio | 3.11x | 4.12x | |
| Interest cover | -0.54x | -0.24x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- PKF Littlejohn LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Group and 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 Group and Company's needs.”
Group structure
- TOLIA BIDCO LIMITED · parent
- Etrading Software Limited 100%
- Etrading Software Limited (Philippines) Inc 99.99%
- Etrading Software (Netherlands) BV 100%
Significant events
- “The Group secured a revolving credit facility of £1.5m to ensure additional headroom to meet its working capital requirements. This facility can be drawn down on demand and accrues interest at a rate of SONIA + 3.25% per annum. The facility plus interest must be fully repaid for at least 3 consecutive business days in each financial quarter.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DANESH-NARUIE, Sassan | Director | 2022-11-02 | Oct 1967 | British |
| FISON, Joseph | Director | 2022-12-07 | Dec 1977 | British |
| MOND, Emanuel | Director | 2022-12-07 | May 1957 | British |
| OLIVER, James Martin | Director | 2023-10-31 | Dec 1970 | British |
| WHITE, Alexander | Director | 2022-12-07 | Aug 1988 | British |
| WILSON, Grant Anthony | Director | 2022-12-07 | Jun 1975 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ldc Xi Lp | Corporate entity | Shares 25–50%, Voting 25–50% | 2022-12-07 | Ceased 2025-06-26 |
| Mr Sassan Danesh-Naruie | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-11-02 | Ceased 2022-12-07 |
Filing timeline
Last 20 of 33 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-27 | RP04CH01 | officers | Second filing of change of director details with name | |
| 2026-01-06 | CH01 | officers | Change person director company with change date | |
| 2025-11-12 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2025-11-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-11-06 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-07-25 | AA | accounts | Accounts with accounts type group | |
| 2025-07-07 | SH01 | capital | Capital allotment shares | |
| 2025-05-27 | SH01 | capital | Capital allotment shares | |
| 2025-01-24 | SH01 | capital | Capital allotment shares | |
| 2024-12-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-08-12 | AA | accounts | Accounts with accounts type group | |
| 2024-07-09 | RP04SH01 | capital | Second filing capital allotment shares | |
| 2024-07-03 | SH01 | capital | Capital allotment shares | |
| 2024-06-30 | SH01 | capital | Capital allotment shares | |
| 2024-03-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-11-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-11-03 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-03 | AA01 | accounts | Change account reference date company current extended | |
| 2023-01-26 | CH01 | officers | Change person director company with change date | |
| 2023-01-24 | AD01 | address | Change registered office address company with date old address new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 6
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.