UK Companies House feature
15BELOW LIMITED
Cash
£6M
+61.1% vs 2022
Net assets
£7M
+84.6% vs 2022
Employees
78
+14.7% vs 2022
Profit before tax
£4M
-13.2% vs 2022
Profile
- Company number
- 03945289
- Status
- Active
- Incorporation
- 2000-03-10
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 62020
Net assets
3-year trend · vs UK AI & Enterprise SaaS median
Accounts
3-year trend · latest 2023-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|
| Turnover | £10,830,947 | — | — | |
| Operating profit | £2,922,127 | — | — | |
| Profit before tax | £2,919,146 | £4,940,665 | £4,289,625 | |
| Net profit | £2,377,882 | £4,049,423 | £3,278,191 | |
| Cash | £2,848,502 | £3,554,418 | £5,727,416 | |
| Total assets less current liabilities | £2,761,303 | £3,659,538 | £6,746,801 | |
| Net assets | £2,755,626 | £3,643,541 | £6,727,053 | |
| Equity | £2,755,626 | £3,643,541 | £6,727,053 | |
| Average employees | 64 | 68 | 78 | |
| Wages | £2,938,873 | £3,632,403 | £4,384,888 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have considered the company's current financial position, cash flow forecasts, and future growth plans and have a reasonable expectation that the company has adequate resources to continue operating for the foreseeable future Accordingly, the financial statements have been prepared on a going concern basis The recent investment by LDC, coupled with strong underlying business performance and a resilient customer base, further reinforces the company's financial stability and ability to execute its long-term strategy”
Subsidiaries
- 15below Australia Pty Ltd · 100% held · Australia · Software sales and support
Significant events
- “Subsequent to the year-end, on 23 June 2025, 15below Limited acquired 100% of the share capital of Airbot Technology Limited The business acquired provides an AI chatbot solution primarily for airports”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
3 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KEY, Nicholas | Secretary | 2006-08-07 | — | British |
| KEY, Nicholas Spencer | Director | 2000-05-08 | Jun 1974 | British |
| SMITH-WATSON, Karen Mary | Director | 2024-02-28 | Aug 1971 | Irish |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BREWER, Suzanne | Nominee Secretary | 2000-03-10 | 2000-03-10 |
| LEONARD, Michael James | Secretary | 2002-10-25 | 2006-08-07 |
| TILLEY, Patrick Anthony | Secretary | 2000-03-10 | 2002-10-25 |
| ACOTT, Kenneth John | Director | 2000-03-10 | 2003-03-14 |
| BREWER, Kevin, Dr | Nominee Director | 2000-03-10 | 2000-03-10 |
| CLYNES, John | Director | 2000-05-08 | 2024-02-28 |
| EVANS, Ruslan Anthony Holte | Director | 2000-03-23 | 2024-02-28 |
| HILL, Jonathan Mark | Director | 2017-03-20 | 2024-02-28 |
| KONDRITZ, Adrian Otto Eric | Director | 2017-03-20 | 2024-02-28 |
| O'SHEA, John Michael | Director | 2000-03-23 | 2003-03-14 |
| PALLETT, Claire Laura | Director | 2019-03-01 | 2024-02-28 |
| TILLEY, Patrick Anthony | Director | 2000-03-10 | 2003-03-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| 15below Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-09-09 | Active |
| 15below Investments Limited | Corporate entity | ownership-of-shares-75-to-100-percent-as-firm, voting-rights-75-to-100-percent-as-firm | 2016-04-06 | Ceased 2020-09-09 |
| Mr John Clynes | Individual | Significant influence | 2016-04-06 | Ceased 2020-08-24 |
| Mr Ruslan Anthony Holte Evans | Individual | Significant influence | 2016-04-06 | Ceased 2020-08-24 |
| Mr Nicholas Key | Individual | Significant influence | 2016-04-06 | Ceased 2020-08-24 |
Filing timeline
Last 20 of 138 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-10-02 | AA | accounts | accounts with accounts type full |
| 2025-08-22 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2025-08-22 | AD03 | address | move registers to sail company with new address |
| 2025-08-22 | AD02 | address | change sail address company with new address |
| 2025-08-21 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-08-21 | SH01 | capital | capital allotment shares |
| 2025-08-21 | CH01 | officers | change person director company with change date |
| 2025-08-11 | RESOLUTIONS | resolution | resolution |
| 2024-08-23 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-08-23 | CH01 | officers | change person director company with change date |
| 2024-04-16 | AA | accounts | accounts with accounts type full |
| 2024-03-13 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-03-09 | MA | incorporation | memorandum articles |
| 2024-03-09 | RESOLUTIONS | resolution | resolution |
| 2024-03-06 | TM01 | officers | termination director company with name termination date |
| 2024-03-06 | AP01 | officers | appoint person director company with name date |
| 2024-03-06 | TM01 | officers | termination director company with name termination date |
| 2024-03-06 | TM01 | officers | termination director company with name termination date |
| 2024-03-06 | TM01 | officers | termination director company with name termination date |
| 2024-03-06 | TM01 | officers | termination director company with name termination date |
Credit score
Altman Z″ (private-firm) · reference 2023-12-31
8.16
SAFE
Altman Z″
- Working capital / Total assets 0.604 × 6.56 = +3.96
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.379 × 6.72 = +2.55
- Book equity / Total liabilities 1.570 × 1.05 = +1.65
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory