BACKOFFICE ASSOCIATES LIMITED

Latest accounts filed cover 2024-12-31; financial figures currently reflect up to 2022-12-31.

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

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

• “On 30 November 2024, Backoffice Associates LLC and its group of companies were acquired by Capgemini USA, a subsidiary of Capgemini SE, France.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +9.7%

  £16,608,072 → £18,218,469

• Cash

  +11.3%

  £473,534 → £527,157

• Net assets

  -16.8%

  -£8,001,401 → -£9,347,788

• Employees

  +14.1%

  85 → 97

• Profit before tax

  +0.3%

  -£1,155,912 → -£1,152,883

• Wages

  +5.2%

  £10,969,437 → £11,535,123

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