BIONICAL SOLUTIONS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-13 (in 6mo)
Last made up 2025-10-30
Watchouts
None on the register
Cash
£931K
+682.4% vs 2019
Net assets
£2M
+467.1% vs 2019
Employees
368
+140.5% vs 2019
Profit before tax
£2M
+356.1% vs 2019
Name history
Renamed 3 times since incorporation
- BIONICAL SOLUTIONS LIMITED 2019-01-31 → present
- NORTH 51 LIMITED 2004-01-06 → 2019-01-31
- OB - OB LIMITED 2002-04-10 → 2004-01-06
- CRACAN LIMITED 2001-10-30 → 2002-04-10
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · latest reflected 2020-12-31
Latest accounts filed cover 2024-12-31; financial figures currently reflect up to 2020-12-31.
| Metric | Trend | 2019-12-31 | 2020-12-31 |
|---|---|---|---|
| Turnover | £8,665,000 | £22,009,000 | |
| Operating profit | -£507,000 | £2,683,000 | |
| Profit before tax | -£870,000 | £2,228,000 | |
| Net profit | — | — | |
| Cash | £119,000 | £931,000 | |
| Total assets less current liabilities | -£389,000 | £2,586,000 | |
| Net assets | -£426,000 | £1,564,000 | |
| Equity | £426,000 | £1,564,000 | |
| Average employees | 153 | 368 | |
| 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 | Trend | 2019-12-31 | 2020-12-31 |
|---|---|---|---|
| Operating margin | -5.9% | 12.2% | |
| Return on capital employed | 130.3% | 103.8% | |
| Interest cover | -1.40x | 5.90x |
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
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company's business activities, together with the factors likely to affect its future development and position, are set out in the business review section of the strategic report on page 1. The financial statements have been prepared on the going concern basis which the Directors believe to be appropriate for the following reasons. The Directors have prepared cash flow forecasts for the continuing operations for a 12-month period from the date of approval of these financial statements and have concluded that the company can continue to meet its obligations as they fall due. The company is forecast to be profitable throughout the period which will lead to the company returning to a net asset position early in 2025. The investors remain fully supportive of the company.”
Significant events
- “During 2024, Bionical Solutions Limited hived down two business units (Bionical Health Limited and Bionical Virtual Engagement Limited) into new subsidiary companies. These subsidiaries were subsequently sold to Bionical Health Group Limited on 31 October 2024 and 30 November 2024 respectively.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BORKOWSKI, Andrew Thomas | Director | 2018-07-12 | Jun 1962 | British |
| DAVIES, Gareth | Director | 2018-07-12 | Oct 1968 | British |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DERMODY, Jayne Marie | Secretary | 2010-10-01 | 2015-09-29 |
| MCINTOSH, Graham | Secretary | 2016-04-14 | 2018-07-12 |
| RANDALL, Philip Michael | Secretary | 2002-04-04 | 2007-12-31 |
| COMBINED SECRETARIAL SERVICES LIMITED | Corporate Nominee Secretary | 2001-10-30 | 2002-04-04 |
| DERMODY, Jayne Marie | Director | 2010-10-01 | 2015-09-29 |
| DERMODY, Paul Malcolm | Director | 2004-01-14 | 2017-08-24 |
| JACKSON, Oliver Cameron | Director | 2003-04-06 | 2016-02-11 |
| JACKSON, Sian Bracken | Director | 2014-04-30 | 2015-09-29 |
| JAMES, Neil Gary | Director | 2002-04-04 | 2007-04-05 |
| MCINTOSH, Graham | Director | 2015-09-29 | 2018-07-12 |
| MILES, Helen | Director | 2018-07-12 | 2024-06-14 |
| MILLER, Robert | Director | 2003-04-06 | 2010-10-01 |
| RANDALL, Barbara Elaine | Director | 2010-10-01 | 2015-09-29 |
| RANDALL, Philip Michael | Director | 2002-04-04 | 2016-03-07 |
| COMBINED NOMINEES LIMITED | Corporate Nominee Director | 2001-10-30 | 2002-04-04 |
| COMBINED SECRETARIAL SERVICES LIMITED | Corporate Nominee Director | 2001-10-30 | 2002-04-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bionical Solutions Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 114 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-08-08 RESOLUTIONS Resolution
- 2023-08-08 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-22 | AA | accounts | Accounts with accounts type full | |
| 2024-11-14 | AA | accounts | Accounts with accounts type full | |
| 2024-11-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-05 | ANNOTATION | miscellaneous | Legacy | |
| 2024-09-05 | ANNOTATION | miscellaneous | Legacy | |
| 2024-06-19 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-25 | AA | accounts | Accounts with accounts type small | |
| 2023-09-05 | SH08 | capital | Capital name of class of shares | |
| 2023-09-05 | SH10 | capital | Capital variation of rights attached to shares | |
| 2023-08-16 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2023-08-08 | RESOLUTIONS | resolution | Resolution | |
| 2023-08-08 | MA | incorporation | Memorandum articles | |
| 2022-10-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-31 | AA | accounts | Accounts with accounts type small | |
| 2021-11-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-05-05 | AAMD | accounts | Accounts amended with accounts type full | |
| 2021-04-20 | AA | accounts | Accounts with accounts type total exemption full | |
| 2020-12-10 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- 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
FY2019 → FY2020 · period ending 2020-12-31 vs 2019-12-31
-
Turnover
+154%
£8,665,000 £22,009,000
-
Cash
+682.4%
£119,000 £931,000
-
Net assets
+467.1%
-£426,000 £1,564,000
-
Employees
+140.5%
153 368
-
Operating profit
+629.2%
-£507,000 £2,683,000
-
Profit before tax
+356.1%
-£870,000 £2,228,000
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