THRIVE OPERATIONS LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. THRIVE OPERATIONS LIMITED 2022-02-10 → present
2. ONI LIMITED 2021-05-10 → 2022-02-10
3. ONI PLC 2008-07-30 → 2021-05-10
4. ONI PLC 2002-08-23 → 2008-07-30
5. ONI LIMITED 1998-11-16 → 2002-08-23
6. OPEN NETWORKS INTEGRATION LIMITED 1992-03-17 → 1998-11-16

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

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis, In making this assessment, the directors have prepared detailed trading and cash flow forecasts for the period to 31 December 2026. These have been flexed to take into account the potential fall in trading activities and the mitigating actions that can be taken as necessary and show that the company expects to be able to meet its obligations as they fall due over this period.”

Significant events

• “On 1 January 2024, the trade and assets of the group's other UK trading entities, Edge TG Limited ('Edge') and Custard Technical Services Limited ('Custard'), were transferred to the company for a consideration of £1,754,000. ... At 30 April 2024, Edge and Custard agreed to waive the amounts owing to them by the company in respect of the transferred net assets. The resulting gain to the company of £1,781k has been added to the reserves of the company as capital contribution.”

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

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  +84.2%

  £18,344,617 → £33,791,885

• Cash

  +3.1%

  £805,922 → £830,792

• Net assets

  +88.6%

  £5,056,750 → £9,538,029

• Employees

  +182.5%

  63 → 178

• Operating profit

  +78.6%

  £1,513,483 → £2,702,386

• Profit before tax

  +72.9%

  £1,606,588 → £2,778,353

• Wages

  +199.9%

  £4,060,453 → £12,177,683

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