YORK TELECOM LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Saffery LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As at 31 December 2024 the group has net current liabilities of £1,924,074 (2023 - £2,162,654), and net liabilities of £1,832,484 (2023 - £2,106,275). York Telecom Corporation has confirmed that it will provide additional financial support to meet the liabilities of the York Telecom Limited group, as they fall due, if required for at least 12 months from the date of signing the financial statements. The York Telecom Limited directors have reviewed the York Telecom Corporation group going concern assessment and based on this and the letter of support received, consider it appropriate to prepare these financial statements on a going concern basis.”

Group structure

1. YORK TELECOM LIMITED · parent
   1. York Telecom Ireland Limited 100% · Ireland · Integrator of video conferencing and audio visual solutions

Significant events

• “The company's bankers have secured the debt factoring facility by means of fixed charges over all present freehold and leasehold property, book and other debts, chattels, goodwill and uncalled capital. There are also floating charges which cover all assets and both present and future undertakings of the company. This charge was satisfied on the 10 January 2025 as the debt factoring facility was not renewed.”
• “On the 7 February 2025, Cerberus Business Finance Agency LLC have registered fixed charges over all present freehold and leasehold property, book and other debts, chattels, goodwill and uncalled capital. A floating charge was also placed over all of its present and future assets and undertakings. The charges have been registered as security for a financing agreement dated 24 October 2024 between Bobcat AV Intermediate Corp, Cerberus Business Finance Agency LLC and third party lenders.”

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

Filings

14

last 12 months

Capital events

4

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  +0.7%

  £16,475,769 → £16,597,743

• Cash

  +81.7%

  £634,731 → £1,153,261

• Net assets

  +13%

  -£2,106,275 → -£1,832,484

• Employees

  +8.2%

  61 → 66

• Operating profit

  -38.5%

  £607,609 → £373,470

• Profit before tax

  -40%

  £526,231 → £315,772

• Wages

  +3.9%

  £4,235,183 → £4,399,328

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers