UK Companies House feature
MANAGED IT SERVICES GROUP LTD
Cash
£109K
-37.1% vs 2023
Net assets
-£5M
-1,065.1% vs 2023
Employees
131
+42.4% vs 2023
Profit before tax
—
Period ending 2024-12-31
Profile
- Company number
- 13042725
- Status
- Active
- Incorporation
- 2020-11-25
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- Primary SIC
- 62090
Net assets
4-year trend · vs UK AI & Enterprise SaaS median
Accounts
4-year trend · latest 2024-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | — | — | |
| Operating profit | — | — | — | — | |
| Profit before tax | — | — | — | — | |
| Net profit | — | — | — | — | |
| Cash | — | — | £173,486 | £109,151 | |
| Total assets less current liabilities | — | — | £14,638,931 | £4,702,738 | |
| Net assets | — | — | -£461,862 | -£5,381,117 | |
| Equity | -£154,988 | £21,843 | -£461,862 | -£5,381,117 | |
| Average employees | — | — | 92 | 131 | |
| Wages | — | — | — | — |
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
- Goldwyns Limited
- 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 group's and the parent 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.”
Subsidiaries
- Nexbridge Communications Limited · 100% held · England · Other telecommunications activities
- Whypay? Limited · 100% held · England · Wired telecommunications activities
- IT Farm Limited · 100% held · England · Information technology consultancy activities
- Charles Street Solutions Limited · 100% held · England · Information technology consultancy activities
- Everything Tech Limited · 100% held · England · Information technology consultancy activities
- Codus IT Limited · 100% held · England · Information technology service activities
- Cardium Outsourcing Holdings Limited · 100% held · England · Information technology consultancy activities
Significant events
- “The acquisitions of Sire Technology, Bastion Rock & Bastion Key were completed in February 2025.”
- “After the year end, the above companies [Cardium Outsourcing Holdings Limited and its subsidiary] were placed into insolvent liquidation, with no material return of assets anticipated to shareholders. As such, these investments have been impaired in these accounts.”
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
5 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ALLEN, Mark David | Director | 2020-11-25 | May 1975 | British |
| KEAY, James Campbell Fraser | Director | 2021-05-28 | Mar 1972 | British |
| MARTIN, Wayne Jason | Director | 2025-02-06 | Feb 1967 | British |
| SMITH, Phil Julian | Director | 2021-05-28 | Sep 1973 | British |
| THIRKILL, Adrian Albert | Director | 2021-05-28 | Jul 1963 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Robert Napier Keith | Individual | Shares 25–50%, Voting 25–50% | 2022-01-27 | Active |
| Mr Mark David Allen | Individual | Shares 75–100%, Voting 75–100% | 2020-11-25 | Ceased 2022-01-27 |
Filing timeline
Last 20 of 48 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-11 | RESOLUTIONS | resolution | resolution |
| 2026-04-07 | AP01 | officers | appoint person director company with name date |
| 2026-03-27 | SH01 | capital | capital allotment shares |
| 2026-01-05 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-09-29 | AA | accounts | accounts with accounts type group |
| 2025-02-10 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-02-10 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-01-21 | RESOLUTIONS | resolution | resolution |
| 2025-01-21 | SH08 | capital | capital name of class of shares |
| 2025-01-20 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-01-20 | SH01 | capital | capital allotment shares |
| 2024-11-19 | AD01 | address | change registered office address company with date old address new address |
| 2024-09-18 | SH01 | capital | capital allotment shares |
| 2024-07-08 | AA | accounts | accounts with accounts type group |
| 2024-06-22 | RESOLUTIONS | resolution | resolution |
| 2024-06-20 | SH01 | capital | capital allotment shares |
| 2024-03-21 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-03-11 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2023-12-06 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-12-06 | SH01 | capital | capital allotment shares |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Composite activity score · components 0–100 · reference 2026-05-09
49.3
COOL
/ 100
- Filings velocity 42
- Capital events 100
- Officer churn 0
- Headcount trajectory 92
- Accounts trajectory 0
- 5 filing(s) in last 12 months
- 5 capital event(s) in last 24 months
- Employees +42% YoY
- Net Assets -1065% YoY