MOTIVATES INC. LIMITED

• ◆

  4 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. MOTIVATES INC. LIMITED 2018-05-14 → present
2. BAAM SOLUTIONS LIMITED 2018-04-19 → 2018-05-14

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

TURPIN BARKER ARMSTRONG

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“We have nothing to report in respect of the following matters in relation to which the ISAs (UK) require us to report to you where: the directors' use of the going concern basis of accounting in the preparation of the financial statements is not appropriate; or the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue.”

Significant events

• “During the year ended 31st March 2025 the company incurred a material bad debt as a result of a mandate fraud perpetrated on a customer.”
• “At 31st March 2025 the company recognised a material impairment loss, being the full cost value of its investment in an associated company.”

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

Filings

13

last 12 months

Capital events

2

last 24 months

Officers appointed

1

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

  +37.1%

  £54,924,381 → £75,291,376

• Cash

  -1.4%

  £15,093,932 → £14,884,897

• Net assets

  -36.6%

  £5,741,232 → £3,640,725

• Employees

  +12.2%

  49 → 55

• Operating profit

  +19.1%

  £3,683,332 → £4,386,876

• Profit before tax

  +2.6%

  £4,122,634 → £4,230,244

• Wages

  +31%

  £2,902,957 → £3,803,763

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