BGF SERVICES LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-05-17 (in 1y)
Last made up 2026-05-03
Watchouts
None on the register
Cash
£140K
+44.3% vs 2023
Net assets
£802K
-32.1% vs 2023
Employees
201
+2% vs 2023
Profit before tax
£4M
+3.6% vs 2023
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £49,139,000 | £50,895,000 | |
| Operating profit | £4,056,000 | £4,159,000 | |
| Profit before tax | £4,057,000 | £4,202,000 | |
| Net profit | £3,069,000 | £3,121,000 | |
| Cash | £97,000 | £140,000 | |
| Total assets less current liabilities | — | — | |
| Net assets | £1,181,000 | £802,000 | |
| Equity | £1,181,000 | £802,000 | |
| Average employees | 197 | 201 | |
| Wages | £34,330,000 | £36,122,000 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 8.3% | 8.2% | |
| Net margin | 6.2% | 6.1% | |
| Current ratio | 1.01x | 1.00x |
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
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis which the Company considers to be appropriate for the following reasons. The Company obtains all its funding from companies within the Group. The Company has reviewed the going concern assessment made by the directors of the Group for a period of 12 months from the date of approval of these financial statements which indicates that, upon analysis of reasonable scenarios, the Company will have sufficient funds to meet its liabilities as they fall due for that period.”
Significant events
- “In November 2024 the Group agreed to increase its Revolving Credit Facility from £100m to £200m, and extended the facility to the 4 April 2027 to provide additional short-term liquidity.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BARKER, Benjamin Julius | Director | 2026-02-11 | Jan 1977 | British |
| GREGORY, Andrew Nicholas | Director | 2022-11-03 | Sep 1966 | British |
| OLDS, Christopher Andrew | Director | 2024-05-03 | Apr 1981 | South African,British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| REED, Matthew Robert | Director | 2011-05-03 | 2024-05-03 |
| WELTON, Stephen Frank | Director | 2011-05-03 | 2022-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bgf Group Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-05-23 | Active |
| Business Growth Fund Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2017-05-23 |
Filing timeline
Last 20 of 43 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-24 | AA | accounts | Accounts with accounts type full | |
| 2025-05-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-24 | AA | accounts | Accounts with accounts type full | |
| 2024-05-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-03 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-29 | AA | accounts | Accounts with accounts type full | |
| 2023-05-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-31 | TM01 | officers | Termination director company with name termination date | |
| 2022-11-04 | AP01 | officers | Appoint person director company with name date | |
| 2022-06-21 | AA | accounts | Accounts with accounts type full | |
| 2022-05-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-08 | AA | accounts | Accounts with accounts type full | |
| 2021-05-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-05-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-05-01 | AA | accounts | Accounts with accounts type full | |
| 2019-07-03 | AA | accounts | Accounts with accounts type full | |
| 2019-05-03 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- 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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+3.6%
£49,139,000 £50,895,000
-
Cash
+44.3%
£97,000 £140,000
-
Net assets
-32.1%
£1,181,000 £802,000
-
Employees
+2%
197 201
-
Operating profit
+2.5%
£4,056,000 £4,159,000
-
Profit before tax
+3.6%
£4,057,000 £4,202,000
-
Wages
+5.2%
£34,330,000 £36,122,000
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