UK Companies House feature
HSO ENTERPRISE SOLUTIONS LIMITED
Cash
£4M
+3.9% vs 2023
Net assets
—
Equity attributable
Employees
364
+3.4% vs 2023
Profit before tax
-£1M
-172.9% vs 2023
Profile
- Company number
- 09910591
- Status
- Active
- Incorporation
- 2015-12-10
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 62020
Profit before tax
6-year trend · vs UK AI & Enterprise SaaS median
Accounts
6-year trend · latest 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | £17,777,001 | £16,575,651 | £33,318,364 | £54,319,804 | £58,076,325 | £52,366,162 | |
| Operating profit | £1,344,470 | £2,638,518 | £3,907,532 | £5,951,543 | £1,530,714 | -£1,174,490 | |
| Profit before tax | £1,344,470 | £2,626,569 | £3,910,736 | £5,948,209 | £1,530,714 | -£1,116,116 | |
| Net profit | £1,085,035 | £2,177,703 | £3,139,801 | £4,818,290 | £1,198,336 | -£851,278 | |
| Cash | £343,097 | £5,560,440 | £4,410,300 | £6,399,701 | £3,548,468 | £3,685,141 | |
| Total assets less current liabilities | — | — | — | — | — | — | |
| Net assets | — | — | — | — | — | — | |
| Equity | £3,145,969 | £5,323,672 | £6,954,418 | £11,772,708 | £11,935,676 | £5,644,398 | |
| Average employees | 109 | 123 | 145 | 206 | 352 | 364 | |
| Wages | £7,341,647 | £7,804,212 | £10,764,325 | £15,954,922 | £25,457,348 | £27,071,684 |
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
- Consolidated (group)
- Auditor
- PM+M Solutions for Business LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “The financial year 2024 has been a transformative one for HSO UK, marked by significant shifts in market dynamics. Over the course of the year, the company made a number of strategic realignments to position the company for the next phase of its growth.”
- “In 2024, HSO UK's revenue decreased from £58.3 million to £52.4 million. It should be noted that the loss also reflects a significant bad-debt write-off due to the business failure of a large customer in the distribution sector.”
- “To adapt to the market's shift towards continuous improvement and faster time-to-value models, we restructured our cost base to reflect our changing business priorities, with more focus on higher growth technologies such as Data, Artificial Intelligence (AI), Low-Code Application Development and Cloud Infrastructure. Revenue from our Cloud practices (AI, Data, Cloud Infrastructure and Low-Code) doubled in 2024.”
- “HSO continues to invest in newer, high-growth vertical markets, notably Public Sector and Professional Services, in addition to its on-going investment in our long-established markets of Manufacturing, Distribution and Retail. This has resulted in over 30 new-name customers in the year.”
- “Investment in Intellectual Property and AI Technology: In 2024, HSO UK made significant strides in strengthening its position as a leader in sector-specific solutions by investing heavily in the development of intellectual property (IP) and advanced AI technologies.”
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
1 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HAVERKAMP, Marius | Director | 2024-03-08 | Oct 1986 | Dutch |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BECK, Julian Ellis | Director | 2024-03-19 | 2025-11-13 |
| LITTLE, David Gordon Thomas | Director | 2015-12-10 | 2026-04-30 |
| MCNAY, Adrian Joseph | Director | 2020-03-17 | 2024-04-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Hso Uk Holding Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors, significant-influence-or-control-as-firm | 2016-04-06 | Active |
Filing timeline
Last 20 of 32 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-30 | TM01 | officers | termination director company with name termination date |
| 2026-03-16 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-12-19 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-11-18 | MR04 | mortgage | mortgage satisfy charge full |
| 2025-11-13 | TM01 | officers | termination director company with name termination date |
| 2025-09-29 | AA | accounts | accounts with accounts type full |
| 2024-12-08 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-09-24 | AA | accounts | accounts with accounts type full |
| 2024-04-02 | TM01 | officers | termination director company with name termination date |
| 2024-03-20 | AP01 | officers | appoint person director company with name date |
| 2024-03-08 | AP01 | officers | appoint person director company with name date |
| 2023-12-27 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-05-26 | AA | accounts | accounts with accounts type full |
| 2022-12-21 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-06-10 | AA | accounts | accounts with accounts type full |
| 2022-02-07 | AD01 | address | change registered office address company with date old address new address |
| 2022-01-06 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-05-27 | AA | accounts | accounts with accounts type full |
| 2020-12-21 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2020-06-03 | AA | accounts | accounts with accounts type full |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory