IBCOS COMPUTERS LTD — The Accounts

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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2027-01-14 (in 8mo)

Last made up 2025-12-31

Watchouts

None on the register

Cash

£1M

+23.4% highest in 5 filed years

Net assets

£3M

+3.9% vs 2023

Employees

+1.3% highest in 5 filed years

Profit before tax

£3M

-35.1% vs 2023

Name history

Renamed 6 times since incorporation

IBCOS COMPUTERS LTD 1988-04-28 → present
MSL COMPUTERS LIMITED 1984-02-20 → 1988-04-28
INCOMPUTER (MSL) LIMITED 1982-07-29 → 1984-02-20
INSYSTEM (MSL) LIMITED 1981-12-31 → 1982-07-29
MSL COMPUTER SERVICES LIMITED 1979-08-21 → 1981-12-31
WIDEWEST LIMITED 1979-08-21 → 1981-12-31
INCOMPUTER (MSL) LIMITED 1979-08-21 → 1981-12-31

Net assets

9-year trend · vs Technology median

IBCOS COMPUTERS LTD·Technology median · n=967

Accounts

9-year trend · latest reflected 2024-12-31

Metric	2020-01-01	2020-12-31	2021-01-01	2021-12-31	2022-01-01	2022-12-31	2023-01-01	2023-12-31	2024-12-31
Turnover	—	£8,048,363	—	£9,368,633	—	£9,868,156	—	£10,453,045	£10,722,119
Operating profit	—	£2,783,244	—	£3,701,595	—	£3,802,043	—	£3,517,721	£2,860,763
Profit before tax	—	£2,783,244	—	£4,319,891	—	£3,802,043	—	£4,410,436	£2,861,643
Net profit	—	£2,293,204	—	£3,734,969	—	£3,340,392	—	£3,502,059	£2,295,210
Cash	—	£274,904	—	£475,842	—	£428,034	—	£879,394	£1,085,593
Total assets less current liabilities	—	£8,597,851	—	£13,947,983	—	£12,262,529	—	£3,873,851	£4,173,775
Net assets	—	£7,875,153	—	£13,112,145	—	£11,452,537	—	£2,594,200	£2,695,899
Equity	£2,658,775	£7,875,153	£7,875,153	£13,112,145	£13,112,145	£11,452,537	£10,092,141	£2,594,200	£2,695,899
Average employees	—	75	—	71	—	80	—	80	81
Wages	—	£2,965,792	—	£3,175,942	—	£3,292,644	—	£3,746,199	£3,920,965

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio	2020-01-01	2020-12-31	2021-01-01	2021-12-31	2022-01-01	2022-12-31	2023-01-01	2023-12-31	2024-12-31
Operating margin	—	34.6%	—	39.5%	—	38.5%	—	33.7%	26.7%
Net margin	—	28.5%	—	39.9%	—	33.9%	—	33.5%	21.4%
Return on capital employed	—	32.4%	—	26.5%	—	31.0%	—	90.8%	68.5%
Gearing (liabilities / total assets)	—	—	—	—	—	—	—	88.1%	88.8%
Current ratio	—	—	—	—	—	—	—	0.64x	0.70x

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 101
Reporting scope: Standalone (parent only)
Auditor: Hillier Hopkins LLP
Audit opinion: Unqualified (clean)
Going concern: Affirmed
“The financial statements show net current liabilities of £4,516,018 (2023 - £5,005,254) which indicate thal the Company may not be a going concern. The Company has the support of other members of its group that will not require its loan of £15,202,729 (2023 - £12,553,109) to be repaid until it has the available finances. On this basis, the directors believe that the going concern basis is appropriate.”

Group structure

IBCOS COMPUTERS LTD · parent
1. Mediqal Health Informatics Limited 100% · UK
2. Clinical Computing (UK) Limited 100% · UK
3. Eurocon MOPSsys Inc 100%
4. Catalyst Computer Systems Limited 100%
5. Selectapension Limited 100%

Significant events

“During the year, the Company completed a migration to a single accounting system, which enabled a full reconciliation of intercompany balances. This process identified historic omissions of intercompany transactions from earlier years, arising during a period when the Company operated two separate accounting systems. As a result, a prior year adjustment was required to correct these historic difference, as discosed in Note 26.”

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

People

2 active · 19 resigned

Name	Role	Appointed	Born	Nationality
ZHAO, William Yiding	Director	2025-07-18	Aug 1990	Canadian
ZINMAN, Daniel	Director	2023-03-29	Aug 1973	Canadian

Show 19 resigned officers

Name	Role	Appointed	Resigned
PRUGER, Heather	Secretary	2023-03-29	2025-03-31
SCHMIDT, Daniel	Secretary	2012-08-02	2015-12-31
SCOTHERN, Andrew John	Secretary	—	2012-08-02
SCOTHERN, Linda	Secretary	1982-07-01	1986-02-11
WILHELM, Bonnie Jean	Secretary	2016-01-01	2023-03-29
CLAYTON, David Alan	Director	—	1993-12-22
CLAYTON, Eric Arthur	Director	—	1994-05-01
FRANCIS, David	Director	1996-04-01	2003-03-31
FULCHER, Jonathan Robert	Director	2003-04-01	2012-08-02
KHULLAR, Vipin	Director	2023-03-29	2025-07-18
LEONARD, Mark	Director	2012-08-02	2016-04-11
ROLLESTON, John William Massey	Director	2003-10-08	2012-08-02
SALNA, Dexter Jonas	Director	2012-08-02	2023-03-29
SARGENT, Nigel Linford	Director	1993-12-22	2012-08-02
SCOTHERN, Andrew John	Director	—	2012-08-02
SCOTHERN, Linda	Director	1982-07-01	1986-02-11
WHITE, Adrian Benjamin	Director	1995-04-03	2012-08-02
WILHELM, Bonnie Jean	Director	2016-01-01	2024-01-01
WRIGHT, Paul Frank	Director	1996-04-01	2001-03-31

Ownership

Persons with significant control

Name	Kind	Nature of control	Notified	Status
Ibcos Holdings Ltd	Corporate entity	Shares 75–100%, Voting 75–100%, Appoints directors	2016-12-31	Active

Filing timeline

Last 20 of 174 total filings

Date	Type	Category	Description
2026-03-27	AA	accounts	Accounts with accounts type full	PDF
2026-01-16	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2025-07-24	AP01	officers	Appoint person director company with name date	PDF
2025-07-24	TM01	officers	Termination director company with name termination date	PDF
2025-04-04	TM02	officers	Termination secretary company with name termination date	PDF
2025-02-05	AA	accounts	Accounts with accounts type full	PDF
2025-01-14	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2024-08-14	CH01	officers	Change person director company with change date	PDF
2024-03-21	AA	accounts	Accounts with accounts type full	PDF
2024-01-23	TM01	officers	Termination director company with name termination date	PDF
2024-01-17	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2023-03-31	AA	accounts	Accounts with accounts type full	PDF
2023-03-31	AP03	officers	Appoint person secretary company with name date	PDF
2023-03-31	TM01	officers	Termination director company with name termination date	PDF
2023-03-31	AP01	officers	Appoint person director company with name date	PDF
2023-03-31	AP01	officers	Appoint person director company with name date	PDF
2023-03-31	TM02	officers	Termination secretary company with name termination date	PDF
2023-03-08	DISS40	gazette	Gazette filings brought up to date
2023-03-07	GAZ1	gazette	Gazette notice compulsory
2023-01-06	CS01	confirmation-statement	Confirmation statement with no updates	PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings: 4
Capital events: 0
Officers appointed: 1
Officers resigned: 1

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

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Turnover

+2.6%

£10,453,045 £10,722,119

highest in 5 filed years
Cash

+23.4%

£879,394 £1,085,593

highest in 5 filed years
Net assets

+3.9%

£2,594,200 £2,695,899
Employees

+1.3%

80 81

highest in 5 filed years
Operating profit

-18.7%

£3,517,721 £2,860,763
Profit before tax

-35.1%

£4,410,436 £2,861,643
Wages

+4.7%

£3,746,199 £3,920,965

highest in 5 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers

Official Companies House page