TXP SOLUTIONS LIMITED

1. TXP SOLUTIONS LIMITED 2025-08-22 → present
2. JUMAR SOLUTIONS LIMITED 2007-11-15 → 2025-08-22
3. JUMAR SOLUTIONS EUROPE LIMITED 2000-11-29 → 2007-11-15
4. MOORGLEN SYSTEMS LIMITED 1989-01-09 → 2000-11-29

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company generated a profit for the year, and as at 31 December 2024, had net assets including a strong cash balance. The company is included in the consolidated financial statements of TXP Group Limited (the 'group'). The group has traded well during the year, despite conditions in the recruitment market, and has delivered a strong underlying profit before interest, tax, depreciation and amortisation. The group has strong cash balances together with a net asset position. The financial forecasts prepared by the directors show that the group, and it's subsidiaries, will continue to trade strongly, cash balances will continue to grow and all covenants on the external debt will be met for the coming 12 month period. The directors are therefore satisfied that the group, and it's subsidiaries, will continue to trade for a period of at least 12 months from the date of signing these accounts and on that basis, have prepared these financial statements on a going concern basis.”

Group structure

1. TXP SOLUTIONS LIMITED · parent
   1. Jumar Solutions Australia Pty Limited 100% · Australia · Resource consultancy and software products

Significant events

• “The UK IT resource augmentation market was cautious and challenging due to uncertain economic climates and an election year. In the public sector, particularly Central Government, demand slowed across Q2 and Q3 due to the election but Q4 began to see a rebounding as departments resume delayed digital transformation initiatives post-election. However, budgetary constraints, skills shortages, and procurement delays continue to temper growth. Opportunities are emerging for suppliers that can deliver measurable productivity gains and align with government priorities such as Data, Al adoption and service digitisation.”

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

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  +21.8%

  £18,154,372 → £22,112,076

• Cash

  +1,357.8%

  £105,818 → £1,542,655

• Net assets

  +12.9%

  £3,116,042 → £3,518,760

• Employees

  -22.9%

  48 → 37

• Operating profit

  +859.1%

  -£68,173 → £517,519

• Profit before tax

  +188.9%

  £178,965 → £517,007

• Wages

  +9.3%

  £2,380,699 → £2,601,406

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