SYSCOM PLC

1. SYSCOM PLC 1994-02-14 → present
2. SYSCOM PUBLIC LIMITED COMPANY 1991-04-19 → 1994-02-14
3. GALEPLACE LIMITED 1990-11-13 → 1991-04-19

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

DAW WHITE MURRALL

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' 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 or 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.”

Group structure

1. SYSCOM PLC · parent
   1. Logsys (Computer Maintenance) Limited 100% · England
   2. Syscom (Data Services) Limited 100% · England
   3. Syscom Computers Limited 100% · England
   4. Compucare Limited 100% · England

Significant events

• “During the financial year. An increased number of Customers have continued to progress upgrades to current versions of both our own ERP applications, SyscomERP 8 and ApparelX, and Microsoft's business systems.”
• “Our hybrid working model continues to deliver measurable improvements in organisational flexibility and productivity, enabling us to maintain high standards of client service while supporting employee wellbeing.”
• “Syscom remains an authorised business and technology consultancy specialising in Microsoft based solutions that provide performance improvements across the enterprise.”
• “We have maintained our commitment to strategic investment in software development, recognising its critical role in sustaining competitiveness and relevance within our industry.”
• “Our total annual R&D spend increased to £829K up from £745K in the previous year, reflecting our continued prioritisation of innovation.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +4.3%

  £1,894,101 → £1,974,677

• Cash

  -22.8%

  £635,656 → £490,724

• Net assets

  +4%

  £950,281 → £988,731

• Employees

  -3.8%

  26 → 25

• Operating profit

  +108.1%

  £46,036 → £95,791

• Profit before tax

  +89.2%

  £53,431 → £101,069

• Wages

  +2.1%

  £966,434 → £986,403

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