BARCLAY SIMPSON ASSOCIATES LIMITED

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

Consolidated group

Auditor

EVMS Partners LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 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 group's and the parent 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. At the time of approving the financial statements, the Directors have a reasonable expectation that the company and the group have adequate resources to continue in operational existence for the foreseeable future, a period of not less that twelve months from the date of approval of these financial statements. Thus, the Directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. BARCLAY SIMPSON ASSOCIATES LIMITED · parent
   1. Barclay Simpson Interim Services Limited 100% · UK · provision of contract and interim recruitment services and solutions across the cyber security, internal audit, risk management, compliance and interrelated corporate governance professional staffing sectors.
   2. Barclay Simpson Europe Limited 100% · UK · provision of recruitment services and workforce solutions across the risk management, compliance, internal audit, cyber security and interrelated corporate governance professional staffing sectors in the European and Nordic regions.
   3. Barclay Simpson Gmbh 100% · Germany · recruitment consultancy.
   4. Barclay Simpson Solutions Limited 79% · UK · act as a solutions and services provider with a primary focus on cyber security and a secondary focus on change, technology, data, audit, risk and compliance. Our core capabilities include the effective delivery of solutions and services through the deployment of bespoke teams of subject matter experts and the application of strong service delivery principles.

Significant events

• “The deterioration in trading conditions experienced throughout 2023 continued into and persisted throughout 2024. This is the reality the business has faced, providing the context for what is, relative to our peers, a strong performance.”
• “The group's ability to deliver a profitable result is a testament to the skill and resilience of the business's leadership and all its people. The combination of, at best, sluggish economic growth, sticky inflation, high interest rates, and ongoing geopolitical and domestic uncertainty undermined business confidence and curtailed investment, conditions that are particularly challenging for recruitment and professional services businesses.”
• “BSS, our business solutions and services arm, has continued to develop as a fully-fledged cybersecurity, risk, and governance consultancy despite facing headwinds. The development of new services and the recruitment of high-calibre staff have led to deeper engagements with existing clients and the acquisition of new blue-chip clients who appreciate the value of our business model and the professional capabilities of our team.”

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

Filings

5

last 12 months

Capital events

3

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  -19.5%

  £14,914,875 → £12,012,122

• Cash

  -9.5%

  £849,347 → £768,812

• Net assets

  +8.1%

  £1,409,600 → £1,523,604

• Employees

  -11.3%

  53 → 47

• Operating profit

  -89.3%

  £1,025,443 → £109,573

• Profit before tax

  -88.4%

  £1,039,753 → £120,656

• Wages

  -15.3%

  £3,983,639 → £3,374,242

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