ISDM SOLUTIONS LIMITED
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Next accounts due
2026-06-28 (in 1mo)
Last filed for 2024-06-28
Confirmation statement due
2026-06-11 (in 1mo)
Last made up 2025-05-28
Watchouts
None on the register
Cash
£175K
lowest in 5 filed years
Net assets
£3M
highest in 5 filed years
Employees
59
Average over period
Profit before tax
£1M
Period ending 2024-06-28
Net assets
6-year trend · vs Technology median
Accounts
6-year trend · latest reflected 2024-06-28
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2024-06-28 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £13,098,874 | £14,388,652 | |
| Operating profit | — | — | — | — | £335,814 | £1,509,020 | |
| Profit before tax | — | — | — | — | £312,223 | £1,440,312 | |
| Net profit | £627,201 | £766,604 | -£883,544 | — | £92,103 | £1,584,340 | |
| Cash | £449,802 | £991,489 | £695,961 | — | £327,312 | £175,105 | |
| Total assets less current liabilities | £2,158,482 | £2,926,316 | — | — | £1,699,102 | £3,082,290 | |
| Net assets | £2,142,512 | £2,909,116 | £2,025,572 | — | £1,342,925 | £2,968,908 | |
| Equity | £2,142,512 | £2,909,116 | — | £1,130,105 | £1,342,925 | £2,968,908 | |
| Average employees | 48 | 70 | 77 | — | 65 | 59 | |
| Wages | £1,996,583 | £2,561,483 | £3,166,889 | — | £3,345,632 | £4,518,256 | |
| Directors' remuneration | — | — | — | — | £275,912 | £301,664 |
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
FY2022 → FY2024 · period ending 2024-06-28 vs 2022-12-31
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2024-06-28 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 2.6% | 10.5% | |
| Net margin | — | — | — | — | 0.7% | 11.0% | |
| Return on capital employed | — | — | — | — | 19.8% | 49.0% | |
| Gearing (liabilities / total assets) | — | — | — | — | 68.2% | 42.4% | |
| Current ratio | — | — | — | — | 1.51x | 2.31x | |
| Interest cover | — | — | — | — | 14.23x | 21.96x |
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
- AAB Group Accountants 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 group's and parent 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.”
Group structure
- ISDM SOLUTIONS LIMITED · parent
- ISDM Solutions Inc 100%
- ISDM Solutions PTE Ltd 100%
- ISDM Collaboration Solutions Limited 100%
Significant events
- “Revenue for the period decreased proportionately by 27% from £13.1m last year to £14.4m in the 18 month period to 28 June 2024. EBITDA for the period increased from 3% to 11%.”
- “The shareholders of this associated company have agreed to convert to equity based on an official company valuation of £20 million. This equates to an ISDM Solutions Ltd asset value of £2.4 million based on current market valuation metrics.”
- “Exceptional item relates to the reversal of a prior year provision against a related party balance receivable which the directors are now satisfied that the balance is recoverable. After the period end, the balance owing from the related party has been converted into equity in the related party entity.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BRANNIGAN, Rory Andrew | Director | 2013-04-01 | Nov 1963 | British |
| MCWHIRTER, Karen Suzanne | Director | 2012-05-25 | Feb 1967 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MILNER, Stephen Paul | Director | 2013-09-02 | 2025-05-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Rory Andrew Brannigan | Individual | Shares 25–50% | 2016-05-25 | Active |
| Karen Suzanne Mcwhirter | Individual | Shares 50–75% | 2016-04-06 | Active |
Filing timeline
Last 20 of 42 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-23 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-29 | AA | accounts | Accounts with accounts type group | |
| 2025-07-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-10-03 | AA01 | accounts | Change account reference date company previous extended | |
| 2024-05-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-11 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-10-11 | AA | accounts | Accounts with accounts type group | |
| 2023-07-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-30 | AA | accounts | Accounts with accounts type group | |
| 2022-06-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-02-18 | AA | accounts | Accounts with accounts type group | |
| 2021-12-21 | AA01 | accounts | Change account reference date company previous shortened | |
| 2021-05-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-05-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-03-10 | AA | accounts | Accounts with accounts type group | |
| 2020-12-18 | AA01 | accounts | Change account reference date company previous shortened | |
| 2020-05-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-01-20 | CH01 | officers | Change person director company with change date | |
| 2020-01-20 | CH01 | officers | Change person director company with change date | |
| 2019-06-11 | AA | accounts | Accounts with accounts type total exemption full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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.