15BELOW LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-08-23 (in 3mo)
Last made up 2025-08-09
Watchouts
None on the register
Cash
£6M
+61.1% highest in 3 filed years
Net assets
£7M
+84.6% highest in 3 filed years
Employees
78
+14.7% highest in 3 filed years
Profit before tax
£4M
-13.2% vs 2022
Name history
Renamed 2 times since incorporation
- 15BELOW LIMITED 2008-08-12 → present
- 15BELOW.COM LIMITED 2000-04-05 → 2008-08-12
- TECH7.COM LIMITED 2000-03-10 → 2000-04-05
Net assets
3-year trend · vs Technology median
Accounts
3-year trend · latest reflected 2023-12-31
Latest accounts filed cover 2024-12-31; financial figures currently reflect up to 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 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 | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|
| Operating margin | 27.0% | — | — | |
| Net margin | 22.0% | — | — | |
| Return on capital employed | 105.8% | — | — | |
| Interest cover | 974.69x | — | — |
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
- 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”
Group structure
- 15BELOW LIMITED · parent
- 15below Australia Pty Ltd 100%
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 and subsidiary information is drawn from the narrative of the latest annual accounts. 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
Material constitutional events — rename, articles re-file, resolution
- 2025-08-11 RESOLUTIONS Resolution
- 2024-03-09 MA Memorandum articles
- 2024-03-09 RESOLUTIONS Resolution
| 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 |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 1
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2022 → FY2023 · period ending 2023-12-31 vs 2022-12-31
-
Turnover
—
Not reported
-
Cash
+61.1%
£3,554,418 £5,727,416
highest in 3 filed years
-
Net assets
+84.6%
£3,643,541 £6,727,053
highest in 3 filed years
-
Employees
+14.7%
68 78
highest in 3 filed years
-
Profit before tax
-13.2%
£4,940,665 £4,289,625
-
Wages
+20.7%
£3,632,403 £4,384,888
highest 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