UK Companies House feature
ISDM SOLUTIONS LIMITED
Cash
£38K
-51.6% vs 2022
Net assets
£2M
+235.1% vs 2022
Employees
54
-16.9% vs 2022
Profit before tax
—
Period ending 2024-06-28
Profile
- Company number
- NI612900
- Status
- Active
- Incorporation
- 2012-05-25
- Last accounts made up
- 2024-06-28
- Account category
- GROUP
- Primary SIC
- 62020
Net assets
6-year trend · vs UK AI & Enterprise SaaS median
Accounts
6-year trend · latest 2024-06-28
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2024-06-28 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | — | |
| Net profit | £627,201 | £766,604 | -£883,544 | — | £111,253 | £1,649,251 | |
| Cash | £449,802 | £991,489 | £695,961 | — | £78,609 | £38,068 | |
| Total assets less current liabilities | £2,158,482 | £2,926,316 | — | — | £1,057,794 | £2,464,250 | |
| Net assets | £2,142,512 | £2,909,116 | £2,025,572 | — | £701,617 | £2,350,868 | |
| Equity | £2,142,512 | £2,909,116 | — | £1,130,105 | £701,617 | £2,350,868 | |
| Average employees | 48 | 70 | 77 | — | 65 | 54 | |
| Wages | £1,996,583 | £2,561,483 | £3,166,889 | — | £2,697,048 | £3,882,517 |
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
- AAB Group Accountants 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 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
- ISDM Solutions Inc · 100% held · USA
- ISDM Solutions PTE Ltd · 100% held · Singapore
- ISDM Collaboration Solutions Limited · 100% held · Ireland
Significant events
- “Revenue for the period decreased proportionately by 27% from £13.1m last year to £14.4m in the 18 month period to 28 June 2024. EBITDA for the period increased from 3% to 11%.”
- “The shareholders of this associated company have agreed to convert to equity based on an official company valuation of £20 million. This equates to an ISDM Solutions Ltd asset value of £2.4 million based on current market valuation metrics.”
- “Exceptional item relates to the reversal of a prior year provision against a related party balance receivable which the directors are now satisfied that the balance is recoverable. After the period end, the balance owing from the related party has been converted into equity in the related party entity.”
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
2 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BRANNIGAN, Rory Andrew | Director | 2013-04-01 | Nov 1963 | British |
| MCWHIRTER, Karen Suzanne | Director | 2012-05-25 | Feb 1967 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MILNER, Stephen Paul | Director | 2013-09-02 | 2025-05-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Rory Andrew Brannigan | Individual | Shares 25–50% | 2016-05-25 | Active |
| Karen Suzanne Mcwhirter | Individual | Shares 50–75% | 2016-04-06 | Active |
Filing timeline
Last 20 of 42 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-10-23 | TM01 | officers | termination director company with name termination date |
| 2025-07-29 | AA | accounts | accounts with accounts type group |
| 2025-07-17 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-10-03 | AA01 | accounts | change account reference date company previous extended |
| 2024-05-28 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-12-11 | PSC01 | persons-with-significant-control | notification of a person with significant control |
| 2023-10-11 | AA | accounts | accounts with accounts type group |
| 2023-07-20 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-09-30 | AA | accounts | accounts with accounts type group |
| 2022-06-30 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-02-18 | AA | accounts | accounts with accounts type group |
| 2021-12-21 | AA01 | accounts | change account reference date company previous shortened |
| 2021-05-28 | CS01 | confirmation-statement | confirmation statement with updates |
| 2021-05-18 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-03-10 | AA | accounts | accounts with accounts type group |
| 2020-12-18 | AA01 | accounts | change account reference date company previous shortened |
| 2020-05-15 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2020-01-20 | CH01 | officers | change person director company with change date |
| 2020-01-20 | CH01 | officers | change person director company with change date |
| 2019-06-11 | AA | accounts | accounts with accounts type total exemption full |
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
26.2
COLD
/ 100
- Filings velocity 25
- Capital events 0
- Officer churn 0
- Headcount trajectory 33
- Accounts trajectory 100
- 3 filing(s) in last 12 months
- Employees -17% YoY
- Net Assets +235% YoY