CALERO MDSL LIMITED
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Cash
£996k
+2.9% highest in 3 filed years
Net assets
£22m
-22% lowest in 3 filed years
Employees
372
+5.4% highest in 3 filed years
Profit before tax
-£7m
-23.2% lowest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £20,003,088 | £19,993,483 | £19,626,076 | -1.8% | |
| Operating profit | -£2,803,737 | -£1,459,978 | -£2,789,107 | -91% | |
| Profit before tax | -£2,786,739 | -£5,710,941 | -£7,036,190 | -23.2% | |
| Net profit | -£3,097,793 | -£5,335,347 | -£6,297,408 | -18% | |
| Cash | £570,737 | £967,105 | £995,522 | +2.9% | |
| Total assets less current liabilities | £33,919,242 | £28,583,895 | £22,286,487 | -22% | |
| Net assets | £33,919,242 | £28,583,895 | £22,286,487 | -22% | |
| Equity | £33,919,242 | £28,583,895 | £22,286,487 | -22% | |
| Average employees | 332 | 353 | 372 | +5.4% | |
| Wages | £13,606,193 | £14,752,451 | £16,238,537 | +10.1% | |
| Directors' remuneration | £0 | £0 | — | — |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -14.0% | -7.3% | -14.2% | |
| Net margin | -15.5% | -26.7% | -32.1% | |
| Return on capital employed | -8.3% | -5.1% | -12.5% | |
| Gearing (liabilities / total assets) | 15.4% | 24.8% | 32.0% | |
| Current ratio | — | 1.29x | 1.06x |
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.
Name history
Renamed 5 times since incorporation
- CALERO MDSL LIMITED 2021-03-25 → present
- CALERO SOFTWARE LIMITED 2018-08-21 → 2021-03-25
- VEROPATH LIMITED 2015-09-28 → 2018-08-21
- INTELLIGENTCOMMS LIMITED 2004-10-26 → 2015-09-28
- INTELLIGENT COMMUNICATIONS MANAGEMENT LIMITED 2003-05-23 → 2004-10-26
- INTERROGATING COMMUNICATIONS LIMITED 2001-11-28 → 2003-05-23
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Crowe U.K. LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“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 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
- CALERO MDSL LIMITED · parent
- MDSL Hong Kong Ltd 100%
Significant events
- “Failure to develop and release new or enhanced products and services to keep pace with technological developments.”
- “A more expensive sales cycle, pricing pressure and implementation challenges as we target more of our sales efforts at mid-market customers.”
- “Disruptions caused by periodic changes to our sales organisation.”
- “Customer attrition or our inability to accurately predict renewal rates.”
- “Significant fluctuations in our rate of anticipated growth and any failure to balance our expenses with revenue forecasts.”
- “Any breaches in our security measures that cause unauthorised access to a customer's data, our data or our IT systems.”
- “The occurrence of any adverse market or environmental events beyond our control.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 33 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GILBERT, Scott | Director | 2020-07-22 | Oct 1976 | American |
| HONG, Darian | Director | 2023-12-15 | Feb 1974 | American |
Show 33 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CAMPBELL, Hew | Secretary | 2012-07-19 | 2013-08-01 |
| HARRISON, Iain Gordon | Secretary | 2006-09-12 | 2007-03-09 |
| RODGER, Graeme John | Secretary | 2002-04-26 | 2006-09-12 |
| BRODIES SECRETARIAL SERVICES LIMITED | Corporate Secretary | 2007-03-09 | 2010-07-07 |
| D M COMPANY SERVICES LIMITED | Corporate Secretary | 2010-07-07 | 2015-09-09 |
| MCKAY NORWELL WS | Corporate Secretary | 2001-11-28 | 2003-04-26 |
| PJW CORPORATE LIMITED | Corporate Secretary | 2017-12-01 | 2018-05-30 |
| VIALEX COMPANY SECRETARIAL SERVICES LIMITED | Corporate Secretary | 2015-09-09 | 2017-11-30 |
| BELL, Michael | Director | 2013-11-28 | 2018-05-30 |
| BOOKER, David Leslie | Director | 2018-05-30 | 2019-04-05 |
| BOOKER, David Leslie | Director | 2013-06-07 | 2018-05-30 |
| BOOKER, David Leslie | Director | 2012-07-19 | 2013-05-10 |
| BRADY, Brian J | Director | 2020-07-22 | 2023-10-20 |
| CHEYNE, David | Director | 2010-05-04 | 2018-05-30 |
| FLETCHER, Carol Joy | Director | 2002-09-20 | 2004-01-29 |
| FRAYSSE, Jean Marc | Director | 2004-11-01 | 2018-05-30 |
| HALBARD, Christopher Neal | Director | 2013-06-07 | 2018-05-30 |
| HALBARD, Christopher Neal | Director | 2011-06-17 | 2013-05-10 |
| HUNT, Kelly Phillips | Director | 2019-04-05 | 2019-12-23 |
| JURASEK, Christopher | Director | 2018-05-30 | 2018-07-01 |
| KAVANAUGH, John Lawrence | Director | 2004-11-01 | 2018-05-30 |
| KIPLING, David Garrie | Director | 2010-05-31 | 2010-10-02 |
| LAYNE, Charles | Director | 2020-07-22 | 2020-10-23 |
| MITCHELL, Stuart James | Director | 2016-02-01 | 2018-05-30 |
| MOORE, Nigel Sandford Johnson | Director | 2004-11-01 | 2011-12-31 |
| NOON, Michelle | Director | 2018-05-30 | 2019-12-16 |
| PAJER, Joseph Steven | Director | 2019-12-23 | 2020-07-22 |
| PAJER, Joseph Steven | Director | 2019-04-05 | 2019-12-16 |
| POTTINGER, Steven Charles | Director | 2001-11-28 | 2002-04-26 |
| STEWART-BROWN, Brian Trevor | Director | 2007-04-01 | 2008-01-15 |
| TYSER, Peter Hugh | Director | 2002-04-26 | 2004-01-29 |
| TYSER, Walter | Director | 2002-04-26 | 2013-11-13 |
| WHITING, Nicola | Director | 2006-04-01 | 2018-05-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Calero Software Llc | Corporate entity | Shares 75–100% | 2018-07-18 | Ceased 2021-07-16 |
Filing timeline
Last 20 of 232 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-12-04 MA Memorandum articles
- 2024-12-04 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-28 | AA | accounts | Accounts with accounts type full | |
| 2026-08-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-01 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2025-06-05 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2025-05-27 | AA | accounts | Accounts with accounts type full | |
| 2024-12-04 | MA | incorporation | Memorandum articles | |
| 2024-12-04 | RESOLUTIONS | resolution | Resolution | |
| 2024-09-25 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-09-25 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-08-23 | AA | accounts | Accounts with accounts type full | |
| 2024-08-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-01 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-08-16 | AA | accounts | Accounts with accounts type full | |
| 2023-01-11 | AA | accounts | Accounts with accounts type small | |
| 2022-12-23 | SH01 | capital | Capital allotment shares | |
| 2022-09-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-29 | AA | accounts | Accounts with accounts type small |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- 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.