Cash

£527K

+11.3% vs 2021

Net assets

-£9M

-16.8% vs 2021

Employees

97

+14.1% vs 2021

Profit before tax

-£1M

+0.3% vs 2021

Profile

Company number
07155824
Status
Active
Incorporation
2010-02-12
Last accounts made up
2024-12-31
Account category
FULL
Primary SIC
62012
Hubs
UK AI & Enterprise SaaS

Net assets

3-year trend · vs UK AI & Enterprise SaaS median

£0£1£1202020212022
BACKOFFICE ASSOCIATES LIMITED

Accounts

3-year trend · latest 2022-12-31

Metric Trend 2020-12-312021-12-312022-12-31
Turnover £16,608,072£18,218,469
Operating profit
Profit before tax -£1,155,912-£1,152,883
Net profit -£1,155,912-£1,346,387
Cash £473,534£527,157
Total assets less current liabilities -£7,764,727-£9,290,708
Net assets -£8,001,401-£9,347,788
Equity -£6,845,489-£8,001,401-£9,347,788
Average employees 8597
Wages £10,969,437£11,535,123

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
Cooper Parry Group Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The financial statements have been prepared on the going concern basis. The company has prepared financial forecasts for a period of at least 12 months from the date of approval, which take into consideration the possible impact of global current affairs on the company's operations. These forecasts indicate that the company has sufficient funding and resources available to enable it to meet its operating expenditures over this period. In addition, as the company is an integral part of the overall global operations of the United States parent company, BackOffice Associates LLC, the parent company has provided written confirmation of their willingness to provide continued financial support to the company for the foreseeable future, defined as at least 12 months from the date of approval of these financial statements, if additional funding was required. The parent has also confirmed that they will not request repayment of the intercompany balance owed at the year-end for at least 12 months from the date of approval of these financial statements. On this basis, the directors consider it appropriate to prepare these financial statements on a going concern basis.”

Significant events

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

4 active · 11 resigned

Name Role Appointed Born Nationality
MANGAN, Julie Secretary 2025-11-03
LEBEL, Anne Director 2025-11-03 Dec 1965 French
MESROBIAN, Janet Anne Director 2023-10-23 May 1963 American
PAYNE, Melanie Rathmell Director 2020-03-27 Mar 1965 American
Show 11 resigned officers
Name Role Appointed Resigned
ISOSCELES FINANCE LIMITED Corporate Secretary 2011-02-28 2013-12-06
BECK, Julian Ellis Director 2020-03-06 2022-04-30
BELLMORE, Clive Andrew Director 2010-02-12 2020-03-06
BOOTH, David Alan Director 2014-09-02 2019-02-06
CAMPBELL, Kevin Matthew Director 2019-02-06 2019-10-15
GLEESON, Conor Patrick Director 2022-06-21 2023-10-23
HALES, Kris Alan Director 2018-03-07 2020-03-06
HILL, Ian Director 2010-02-12 2013-12-06
NUNNERY, Paul Robert Director 2010-02-12 2013-12-06
ROWLES, James Matthew Director 2014-09-02 2018-03-07
WILSON, Stephen Director 2022-06-21 2023-06-01

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Backoffice Associates Europe (Uk) Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 90 total filings

Date Type Category Description
2025-11-05 AP01 officers appoint person director company with name date
2025-11-03 AP03 officers appoint person secretary company with name date
2025-10-31 PSC05 persons-with-significant-control change to a person with significant control
2025-10-27 AD01 address change registered office address company with date old address new address
2025-07-17 CS01 confirmation-statement confirmation statement with updates
2025-06-24 AA accounts accounts with accounts type full
2025-02-24 CS01 confirmation-statement confirmation statement with no updates
2024-12-02 MR04 mortgage mortgage satisfy charge full
2024-10-05 AA accounts accounts with accounts type full
2024-02-22 CS01 confirmation-statement confirmation statement with no updates
2023-10-31 AP01 officers appoint person director company with name date
2023-10-30 TM01 officers termination director company with name termination date
2023-09-29 AA accounts accounts with accounts type full
2023-06-30 TM01 officers termination director company with name termination date
2023-03-02 CS01 confirmation-statement confirmation statement with no updates
2023-01-10 AA accounts accounts with accounts type full
2022-07-20 TM01 officers termination director company with name termination date
2022-07-20 AP01 officers appoint person director company with name date
2022-07-20 AP01 officers appoint person director company with name date
2022-02-28 CS01 confirmation-statement confirmation statement with no updates

Credit score

Altman Z″ (private-firm) · reference 2022-12-31

-4.08

DISTRESS

Altman Z″

  • Working capital / Total assets -0.506 × 6.56 = -3.32
  • Retained earnings / Total assets 0.000 × 3.26 = +0.00
  • EBIT / Total assets -0.062 × 6.72 = -0.41
  • Book equity / Total liabilities -0.334 × 1.05 = -0.35

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

Composite activity score · components 0–100 · reference 2026-05-09

41.1

COOL

/ 100

  • Filings velocity 50
  • Capital events 0
  • Officer churn 50
  • Headcount trajectory 64
  • Accounts trajectory 60
  • 6 filing(s) in last 12 months
  • 2 appointed, 0 resigned (12mo)
  • Employees +14% YoY
  • Turnover +10% YoY

Official Companies House page