ACQUISITION SYSTEMS LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-07-07 (in 2mo)
Last made up 2025-06-23
Watchouts
None on the register
Cash
£2M
-27.3% vs 2024
Net assets
£3M
+43.9% highest in 6 filed years
Employees
81
+5.2% highest in 6 filed years
Profit before tax
£2M
-39.3% vs 2024
Net assets
6-year trend · vs Technology median
Accounts
6-year trend · latest reflected 2025-03-31
| Metric | Trend | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £10,187,146 | £11,537,185 | |
| Operating profit | — | — | — | — | £2,758,888 | £1,705,772 | |
| Profit before tax | — | — | — | — | £2,729,565 | £1,657,826 | |
| Net profit | — | — | — | — | £2,044,308 | £1,318,668 | |
| Cash | £1,800,430 | £1,307,517 | £1,753,556 | £682,318 | £2,152,845 | £1,565,740 | |
| Total assets less current liabilities | £2,210,090 | £2,431,816 | £3,054,465 | £1,598,646 | £2,402,925 | £3,385,404 | |
| Net assets | £1,870,728 | £2,358,746 | £2,819,129 | £1,401,493 | £2,256,328 | £3,246,945 | |
| Equity | — | — | — | — | £2,557,801 | £3,246,945 | |
| Average employees | 49 | 64 | 61 | 62 | 77 | 81 | |
| Wages | — | — | — | — | £3,748,231 | £4,542,194 |
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 | Trend | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 27.1% | 14.8% | |
| Net margin | — | — | — | — | 20.1% | 11.4% | |
| Return on capital employed | — | — | — | — | 114.8% | 50.4% | |
| Current ratio | 1.67x | 1.73x | 2.09x | 1.42x | 1.60x | 1.40x | |
| Interest cover | — | — | — | — | 80.21x | 32.07x |
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
- Standalone (parent only)
- Auditor
- Azets Audit Services Ltd
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.”
Significant events
- “The company has invested further in new team members who bring new skills and expertise to add to the those already retained. The acquisition of additional premises, rationalising existing properties, upgrading existing and the addition of new product lines has proved challenging although the company has continued to grow.”
- “the company made a strategic long-term investment in the purchase and refurbishment of a new premises, with the aim of consolidating operations from three separate offices into a single, modern site.”
- “the company established a new internal training committee tasked with identifying skill gaps, improving access to learning resources, and supporting career progression across departments.”
- “the company obtained formal accreditation as a Real Living Wage Employer during the year”
- “it achieved ISO 14001 certification.”
- “Tax refund of £82,848 against the corporation tax liability of 2022 arising as a result of a successful research and development claim. Successful research and development claims are recognised on receipt.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MCCOLLIN, Thomas Matthew | Secretary | 2022-01-05 | — | — |
| MCCOLLIN, Thomas Matthew | Director | 2021-03-01 | Aug 1988 | British |
| TURNER, Guy Matthew | Director | 2022-01-01 | Jun 1987 | British |
| WALLINGFORD, Ross Frederick | Director | 2021-03-01 | Jan 1981 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MCCOLLIN, John Frederick | Secretary | — | 2022-01-05 |
| MCCOLLIN, John Frederick | Director | — | 2022-03-31 |
| MCWILLIAM, Kenneth James | Director | — | 2022-03-31 |
| WALLINGFORD, John Howard | Director | — | 2022-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Acquisition Systems Eot Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-03-01 | Active |
| Mr John Frederick Mccollin | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2021-03-01 |
| Mr Kenneth James Mcwilliam | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2021-03-01 |
| Mr John Howard Wallingford | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2021-03-01 |
Filing timeline
Last 20 of 114 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-08-02 RESOLUTIONS Resolution
- 2023-08-02 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-12 | AA | accounts | Accounts with accounts type full | |
| 2025-09-01 | CH01 | officers | Change person director company with change date | |
| 2025-09-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-09-01 | CH03 | officers | Change person secretary company with change date | |
| 2025-09-01 | CH01 | officers | Change person director company with change date | |
| 2025-06-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-19 | CH01 | officers | Change person director company with change date | |
| 2025-05-19 | CH01 | officers | Change person director company with change date | |
| 2024-10-01 | AA | accounts | Accounts with accounts type total exemption full | |
| 2024-06-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-27 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-08-02 | RESOLUTIONS | resolution | Resolution | |
| 2023-08-02 | MA | incorporation | Memorandum articles | |
| 2023-06-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-07 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-06-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-31 | TM01 | officers | Termination director company with name termination date | |
| 2022-03-31 | TM01 | officers | Termination director company with name termination date | |
| 2022-03-31 | TM01 | officers | Termination director company with name termination date | |
| 2022-01-17 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- 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.
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+13.3%
£10,187,146 £11,537,185
-
Cash
-27.3%
£2,152,845 £1,565,740
-
Net assets
+43.9%
£2,256,328 £3,246,945
highest in 6 filed years
-
Employees
+5.2%
77 81
highest in 6 filed years
-
Operating profit
-38.2%
£2,758,888 £1,705,772
-
Profit before tax
-39.3%
£2,729,565 £1,657,826
-
Wages
+21.2%
£3,748,231 £4,542,194
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