IOMART GROUP PLC
Iomart Group plc is an AIM-listed technology company headquartered in Glasgow that provides secure managed hosting, cloud computing, and IT consultancy services to public and private sector organisations.
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Cash
£8.9m
-31.8% lowest in 3 filed years
Net assets
£54m
-14.7% lowest in 3 filed years
Employees
634
+8.6% highest in 3 filed years
Profit before tax
-£14m
+74.4% vs 2025
Watch the reel
Our short-form breakdown of IOMART GROUP PLC's latest filing
Iomart Group narrows its losses after a major cut to administrative expenses. 📉☁️
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
3-year trend · vs Technology median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £127,049,000 | £143,460,000 | £154,885,000 | +8% | |
| Operating profit | £13,028,000 | -£46,849,000 | -£4,457,000 | +90.5% | |
| Profit before tax | £8,741,000 | -£53,219,000 | -£13,638,000 | +74.4% | |
| Net profit | £6,441,000 | -£55,117,000 | -£9,168,000 | +83.4% | |
| Cash | £15,755,000 | £13,088,000 | £8,921,000 | -31.8% | |
| Total assets less current liabilities | £189,749,000 | £203,444,000 | £186,479,000 | -8.3% | |
| Net assets | £123,397,000 | £63,532,000 | £54,212,000 | -14.7% | |
| Equity | £123,397,000 | £63,532,000 | £54,212,000 | -14.7% | |
| Average employees | 490 | 584 | 634 | +8.6% | |
| Wages | £25,056,000 | £29,470,000 | £34,222,000 | +16.1% | |
| Directors' remuneration | £1,683,000 | £1,014,000 | £1,416,000 | +39.6% | |
| Directors' pension contributions | £591,000 | £63,000 | £33,000 | -47.6% | |
| Highest paid director | £466,999,000 | £412,000 | £538,000 | +30.6% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Operating margin | 10.3% | -32.7% | -2.9% | |
| Net margin | 5.1% | -38.4% | -5.9% | |
| Return on capital employed | 6.9% | -23.0% | -2.4% | |
| Gearing (liabilities / total assets) | 46.6% | 75.1% | 77.4% | |
| Current ratio | 1.03x | 0.99x | 0.92x | |
| Interest cover | 3.06x | -7.18x | -0.48x |
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
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors are satisfied that the Group has adequate resources to continue in operational existence for the foreseeable future and that the going concern basis of accounting remains appropriate.”
Group structure
- IOMART GROUP PLC · parent
- Dediserve Limited 100%
- Easyspace Limited 100%
- Iomart Cloud Inc 100%
- Iomart Managed Services Limited 100%
- Atech Support Limited 100%
Significant events
- “Following the year-end, on 5 June 2026, the Group's £115m revolving credit facility was extended to 30 June 2028 and covenants were amended to reflect current leverage levels and plans.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 28 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PINSENT MASONS SECRETARIAL LIMITED | Corporate Secretary | 2026-06-26 | — | — |
| CHAMBERLAIN, Adrian | Director | 2023-06-01 | May 1957 | British |
| LAMONT, Kathryn Elizabeth | Director | 2019-02-27 | Jul 1968 | British |
| LAST, Richard | Director | 2024-06-12 | Jul 1957 | British |
| MACSWEEN, Angus | Director | 2020-10-01 | Jul 1956 | British |
| NABAVI, Annette Patricia, Dr | Director | 2023-05-25 | Apr 1952 | British |
| WAYMARK, Matthew Edward James | Director | 2026-09-14 | Mar 1975 | British |
Show 28 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BROWN, Julie | Secretary | 2023-02-28 | 2026-06-26 |
| DOBBIE, William | Secretary | 2000-03-14 | 2000-03-21 |
| HALL, Bruce Alexander | Secretary | 2008-07-11 | 2018-02-02 |
| MCDONALD, Andrew James | Secretary | 2018-02-02 | 2023-02-28 |
| MOIR, Stewart James | Secretary | 2000-03-21 | 2008-07-11 |
| MD SECRETARIES LIMITED | Corporate Nominee Secretary | 2000-02-28 | 2000-03-14 |
| BATTERHAM, Christopher Michael | Director | 2005-09-14 | 2016-08-24 |
| BEVERIDGE, Crawford William | Director | 2011-09-29 | 2017-08-23 |
| CUNNINGHAM, Scott Thomas | Director | 2018-09-04 | 2026-06-26 |
| DIMES, Lucy Rebecca | Director | 2022-08-30 | 2025-05-29 |
| DOBBIE, William | Director | 2000-03-14 | 2005-06-20 |
| DONOVAN, Reece Garethe | Director | 2020-03-30 | 2023-09-15 |
| FINLAYSON, Neil, Mr. | Director | 2000-03-14 | 2002-06-26 |
| FORREST, Stuart | Director | 2005-06-20 | 2008-03-31 |
| HALLAM, Mark Gerrard | Director | 2005-06-20 | 2008-03-31 |
| HARAN, Sarah | Director | 2000-03-14 | 2017-03-31 |
| HARRISON, David Alexander | Director | 2000-05-15 | 2002-06-26 |
| KUENSSBERG, Nicholas Christopher Dwelly, Professor | Director | 2000-03-27 | 2008-01-31 |
| LOGAN, Richard Strachan | Director | 2006-07-10 | 2018-09-04 |
| MARROCCO, Dominic Anthony, Mr. | Director | 2007-03-30 | 2007-06-20 |
| MASTERS, Richard Maurice Alan | Director | 2017-06-20 | 2023-09-05 |
| MCSWEEN, Angus | Director | 2000-03-14 | 2020-10-01 |
| RITCHIE, Ian Cleland | Director | 2007-12-21 | 2018-08-28 |
| SHEDDEN, Alfred Charles | Director | 2000-03-27 | 2011-09-29 |
| STEELE, Ian | Director | 2016-06-15 | 2022-08-30 |
| TAYLOR, Andrew George | Director | 2021-08-01 | 2022-12-31 |
| MD DIRECTORS LIMITED | Corporate Nominee Director | 2000-02-28 | 2000-03-14 |
| MD SECRETARIES LIMITED | Corporate Nominee Director | 2000-02-28 | 2000-03-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Gresham House Asset Management Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2025-08-01 | Active |
| Miss Lucy Rebecca Dimes | Individual | Significant influence | 2023-09-18 | Ceased 2025-05-29 |
| Mr Reece Garethe Donovan | Individual | Significant influence | 2020-10-01 | Ceased 2023-09-15 |
| Mr Scott Thomas Cunningham | Individual | Significant influence | 2018-09-04 | Ceased 2026-06-26 |
| Mr Angus Macsween | Individual | Significant influence, Significant influence (as firm) | 2016-04-06 | Ceased 2020-10-01 |
Filing timeline
Last 20 of 254 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-10-01 MA Memorandum articles
- 2025-10-01 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-18 | AP01 | officers | Appoint person director company with name date | |
| 2026-09-03 | AA | accounts | Accounts with accounts type group | |
| 2026-06-26 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2026-06-26 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-06-26 | TM01 | officers | Termination director company with name termination date | |
| 2026-06-26 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-06-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-05-27 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-04-13 | AD02 | address | Change sail address company with new address | |
| 2026-03-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-01 | SH01 | capital | Capital allotment shares | |
| 2026-03-01 | SH01 | capital | Capital allotment shares | |
| 2026-02-15 | SH01 | capital | Capital allotment shares | |
| 2026-01-13 | AUD | auditors | Auditors resignation company | |
| 2025-10-10 | AA | accounts | Accounts with accounts type group | |
| 2025-10-01 | MA | incorporation | Memorandum articles | |
| 2025-10-01 | RESOLUTIONS | resolution | Resolution | |
| 2025-07-14 | CH01 | officers | Change person director company with change date | |
| 2025-06-30 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-06-05 | PSC07 | persons-with-significant-control | Cessation of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 17
- Capital events
- 3
- Officers appointed
- 2
- Officers resigned
- 2
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.