UK Companies House feature
TURN IT ON LIMITED
Cash
£2M
+306.1% vs 2024
Net assets
£6M
+10.4% vs 2024
Employees
240
+16.5% vs 2024
Profit before tax
£665K
-73.8% vs 2024
Profile
- Company number
- 04995157
- Status
- Active
- Incorporation
- 2003-12-15
- Last accounts made up
- 2025-03-31
- Account category
- FULL
- Primary SIC
- 62020
Net assets
6-year trend · vs UK AI & Enterprise SaaS median
Accounts
6-year trend · latest 2025-03-31
| Metric | Trend | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £16,949,109 | £18,129,337 | |
| Operating profit | — | — | — | — | £1,039,553 | £650,332 | |
| Profit before tax | — | — | — | — | £2,544,078 | £665,440 | |
| Net profit | — | — | £891,845 | — | £2,377,471 | £573,767 | |
| Cash | £2,014,370 | £2,324,654 | £2,511,370 | — | £582,907 | £2,367,185 | |
| Total assets less current liabilities | £1,511,942 | £2,154,451 | £2,884,871 | — | £5,638,463 | £6,288,658 | |
| Net assets | £1,511,942 | £2,154,451 | £2,884,871 | — | £5,518,401 | £6,092,168 | |
| Equity | £1,511,942 | £2,154,451 | £2,884,871 | £4,234,353 | £5,518,401 | £6,092,168 | |
| Average employees | 117 | 129 | — | — | 206 | 240 | |
| Wages | — | — | — | — | £6,067,075 | £7,888,601 |
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
- Hazlewoods LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The company has sufficient resources available and the directors have prepared forecasts for the next 12 months that indicate that this will continue to be the case and that these cash flows will be sufficient for the company to meet its financing commitments as they fall due. The directors therefore have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and have continued to adopt the going concern basis in preparing the financial statements.”
Subsidiaries
- Vital York Limited · 100% held · England and Wales · ICT support
- School ICT Group Limited · 100% held · England and Wales · Holding company
- School ICT Services Limited · 100% held · England and Wales · ICT support
- The ONTO Group Limited · 100% held · England and Wales · ICT support
- Turn It On Trustees Limited · 100% held · England and Wales · Dormant
- Lexicon Lifeline Limited · 100% held · England and Wales · Dormant
- Hello Data Limited · 25% held · England and Wales
Significant events
- “Exceptional items in the current year consist of legal fees, redundancy costs and hiring a new executive director.”
- “Exceptional items in the prior year consisted of recruitment and redundancy pay along with legal and professional work required for the sale and acquisition of subsidiaries.”
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
5 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BANNISTER, Sally | Director | 2022-04-01 | Nov 1972 | British |
| HUTTON, Francis Steven Bradley | Director | 2022-11-16 | Apr 1975 | British |
| WATSON, Thomas Lee | Director | 2022-04-01 | Dec 1986 | British |
| WELCH, Thomas Richard | Director | 2003-12-15 | Dec 1974 | British |
| WILD, Christopher | Director | 2022-04-01 | May 1973 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| WELCH, Emma | Secretary | 2014-01-04 | 2024-09-03 |
| WELCH, Richard Patrick | Secretary | 2003-12-15 | 2013-01-31 |
| THE OXFORD SECRETARIAT LIMITED | Corporate Secretary | 2003-12-15 | 2003-12-15 |
| DUNN, Benjamin Paul | Director | 2024-09-03 | 2025-02-28 |
| OXFORD FORMATIONS LIMITED | Corporate Director | 2003-12-15 | 2003-12-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Education Technology Services Bidco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-08-11 | Active |
| Mr Thomas Richard Welch | Individual | Shares 50–75%, Voting 50–75%, Appoints directors | 2016-12-15 | Ceased 2023-08-11 |
| Mrs Emma Louise Welch | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2023-08-11 |
Filing timeline
Last 20 of 98 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-02-27 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2026-02-27 | CH01 | officers | change person director company with change date |
| 2025-11-04 | CH01 | officers | change person director company with change date |
| 2025-10-02 | AA | accounts | accounts with accounts type full |
| 2025-02-28 | TM01 | officers | termination director company with name termination date |
| 2025-02-27 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-12-24 | AA | accounts | accounts with accounts type full |
| 2024-09-05 | TM02 | officers | termination secretary company with name termination date |
| 2024-09-04 | AP01 | officers | appoint person director company with name date |
| 2024-07-03 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-03-27 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-12-22 | AA | accounts | accounts with accounts type full |
| 2023-12-18 | RESOLUTIONS | resolution | resolution |
| 2023-12-08 | SH01 | capital | capital allotment shares |
| 2023-10-26 | SH10 | capital | capital variation of rights attached to shares |
| 2023-10-25 | SH08 | capital | capital name of class of shares |
| 2023-09-30 | MA | incorporation | memorandum articles |
| 2023-09-30 | RESOLUTIONS | resolution | resolution |
| 2023-08-31 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2023-08-31 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
Credit score
Altman Z″ (private-firm) · reference 2025-03-31
9.84
SAFE
Altman Z″
- Working capital / Total assets -0.170 × 6.56 = -1.11
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.097 × 6.72 = +0.65
- Book equity / Total liabilities 9.812 × 1.05 = +10.30
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