EOL IT SERVICES LTD — The Accounts

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Next accounts due

2026-06-24 (in 1mo)

Last filed for 2024-03-31

Confirmation statement due

2027-05-09 (in 1y)

Last made up 2026-04-25

Watchouts

2 items

Cash

£436K

-80.1% lowest in 6 filed years

Net assets

£168K

-95% lowest in 6 filed years

Employees

-11.8% lowest in 5 filed years

Profit before tax

-£3M

-322.8% lowest in 3 filed years

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Material uncertainty over going concern

As a result, the Directors are in the process of renegotiating the current covenants with the lender. However, due to the uncertain economic outlook, there is a material uncertainty as to the ability of the Group to successfully renegotiate these at commercially acceptable terms.
Audit opinion: Qualified

Latest auditor's report carried a non-clean opinion.

Name history

Renamed 1 time since incorporation

EOL IT SERVICES LTD 2007-11-02 → present
END-O-LINE SERVICES LTD 1998-07-10 → 2007-11-02

Net assets

8-year trend · vs Technology median

EOL IT SERVICES LTD·Technology median · n=967

Accounts

8-year trend · latest reflected 2024-03-31

Metric	2018-12-31	2019-12-31	2020-12-31	2021-01-01	2021-12-31	2022-01-01	2023-03-31	2024-03-31
Turnover	—	—	—	—	£6,859,979	—	£10,917,881	£5,962,688
Operating profit	—	—	—	—	£1,883,732	—	£1,481,864	-£3,329,839
Profit before tax	—	—	—	—	£1,872,787	—	£1,487,585	-£3,313,620
Net profit	—	—	—	—	£1,577,619	—	£1,127,888	-£3,208,438
Cash	£924,816	£695,224	£893,215	—	£1,789,196	—	£2,189,963	£436,401
Total assets less current liabilities	£1,206,263	£1,477,861	£1,904,251	—	£2,685,528	—	£3,482,041	£237,982
Net assets	£1,036,242	£1,222,055	£1,317,719	—	£2,248,666	—	£3,376,554	£168,116
Equity	£1,036,242	£1,222,055	£1,317,719	£955,347	£2,248,666	£2,248,666	£3,376,554	£168,116
Average employees	—	58	53	—	49	—	51	45
Wages	—	—	—	—	—	—	—	—

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	2018-12-31	2019-12-31	2020-12-31	2021-01-01	2021-12-31	2022-01-01	2023-03-31	2024-03-31
Operating margin	—	—	—	—	27.5%	—	13.6%	-55.8%
Net margin	—	—	—	—	23.0%	—	10.3%	-53.8%
Return on capital employed	—	—	—	—	70.1%	—	42.6%	-1399.2%
Current ratio	—	—	—	—	—	—	2.27x	0.75x
Interest cover	—	—	—	—	170.29x	—	148186.40x	—

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 §1A
Abridged: Yes — abridged accounts (limited disclosure)
Auditor: Forvis Mazars LLP
Audit opinion: Qualified
Going concern: Material uncertainty disclosed
“As a result, the Directors are in the process of renegotiating the current covenants with the lender. However, due to the uncertain economic outlook, there is a material uncertainty as to the ability of the Group to successfully renegotiate these at commercially acceptable terms.”

Significant events

“On 1 April 2024, the Company transferred all trade and fixed assets to Tier 1 Asset Management Limited, a fellow group entity.”

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

People

2 active · 11 resigned

Name	Role	Appointed	Born	Nationality
CHANDLER, Edward	Director	2025-02-17	May 1978	British
ROSE, Jonathan David	Director	2022-10-07	Jun 1966	British

Show 11 resigned officers

Name	Role	Appointed	Resigned
SMITH, Russell Anthony	Secretary	1999-10-28	2003-07-16
WALKER, Barbara Ann	Secretary	2003-04-01	2022-04-28
FORM 10 SECRETARIES FD LTD	Corporate Nominee Secretary	1998-07-10	1998-07-14
DAVIES, Wendy	Director	2011-08-01	2012-12-31
DEDHAR, Amin Sadrudin	Director	2011-08-01	2012-06-22
FREIER, Matthew	Director	2022-04-28	2023-05-03
GEOGHEGAN, Janice Margaret	Director	2002-03-08	2022-04-28
GOOD, John Arthur	Director	1998-07-10	2005-10-01
PARKER, Richard Philip	Director	2007-04-01	2011-09-20
SMITH, Daniel James	Director	2018-05-01	2022-10-07
FORM 10 DIRECTORS FD LTD	Corporate Nominee Director	1998-07-10	1998-07-14

Ownership

Persons with significant control

Name	Kind	Nature of control	Notified	Status
Renaissance Bidco Limited	Corporate entity	Shares 75–100%, Voting 75–100%, Appoints directors	2022-04-28	Active
Mrs Janice Margaret Geoghegan	Individual	Shares 50–75%, Voting 50–75%, Appoints directors	2016-04-06	Ceased 2022-04-28

Filing timeline

Last 20 of 122 total filings

Date	Type	Category	Description
2026-04-27	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2026-04-16	MR04	mortgage	Mortgage satisfy charge full	PDF
2026-03-27	MR01	mortgage	Mortgage create with deed with charge number charge creation date	PDF
2026-03-24	AA01	accounts	Change account reference date company previous shortened	PDF
2025-08-01	AD01	address	Change registered office address company with date old address new address	PDF
2025-07-16	AA	accounts	Accounts with accounts type full	PDF
2025-06-12	AA	accounts	Accounts with accounts type full	PDF
2025-04-28	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2025-02-17	AP01	officers	Appoint person director company with name date	PDF
2024-07-10	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2023-06-27	TM01	officers	Termination director company with name termination date	PDF
2023-05-19	CS01	confirmation-statement	Confirmation statement with updates	PDF
2023-05-15	AAMD	accounts	Accounts amended with accounts type small
2023-04-06	MR01	mortgage	Mortgage create with deed with charge number charge creation date	PDF
2022-10-21	AP01	officers	Appoint person director company with name date	PDF
2022-10-21	TM01	officers	Termination director company with name termination date	PDF
2022-08-30	AA01	accounts	Change account reference date company current extended	PDF
2022-05-13	PSC07	persons-with-significant-control	Cessation of a person with significant control	PDF
2022-05-13	PSC02	persons-with-significant-control	Notification of a person with significant control	PDF
2022-05-13	TM02	officers	Termination secretary company with name termination date	PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings: 7
Capital events: 0
Officers appointed: 0
Officers resigned: 0

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

Year-on-year

FY2023 → FY2024 · period ending 2024-03-31 vs 2023-03-31

Turnover

-45.4%

£10,917,881 £5,962,688

lowest in 3 filed years
Cash

-80.1%

£2,189,963 £436,401

lowest in 6 filed years
Net assets

-95%

£3,376,554 £168,116

lowest in 6 filed years
Employees

-11.8%

51 45

lowest in 5 filed years
Operating profit

-324.7%

£1,481,864 -£3,329,839

lowest in 3 filed years
Profit before tax

-322.8%

£1,487,585 -£3,313,620

lowest in 3 filed years

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

Official Companies House page