TELSOL LIMITED
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Cash
£35K
+64.5% highest in 4 filed years
Net assets
-£4.4M
-3.8% lowest in 4 filed years
Employees
14
-6.7% vs 2023
Profit before tax
—
Period ending 2024-12-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
4-year trend · vs Consumer Staples median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | £892,419 | £655,757 | £719,379 | £1,421,784 | +97.6% | |
| Operating profit | -£704,486 | -£660,905 | -£908,087 | -£192,516 | +78.8% | |
| Profit before tax | -£704,486 | -£660,905 | — | — | — | |
| Net profit | — | — | -£1,064,694 | -£161,958 | +84.8% | |
| Cash | £5,481 | £21,258 | £21,169 | £34,830 | +64.5% | |
| Total assets less current liabilities | -£1,759,025 | -£2,320,237 | -£4,283,864 | -£4,445,822 | -3.8% | |
| Net assets | -£1,825,919 | -£2,387,131 | -£4,283,864 | -£4,445,822 | -3.8% | |
| Equity | — | — | — | — | — | |
| Average employees | 16 | 13 | 15 | 14 | -6.7% | |
| Wages | — | — | £422,161 | £404,904 | -4.1% | |
| Directors' remuneration | — | — | £500 | £500 | 0% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-12-31 | 2021-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Operating margin | -78.9% | -100.8% | -126.2% | -13.5% | |
| Net margin | — | — | -148.0% | -11.4% | |
| Gearing (liabilities / total assets) | — | — | 216.0% | 203.0% | |
| Current ratio | — | — | 0.37x | 0.44x |
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)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- KPMG
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“During the year ended 31 December 2024, the Company incurred a loss of £161,958 (2023: £1,064,694), resulting in net current liabilities of £4,872,480 (2023: £4,963,417) and net liabilities of £4,445,822 (2023: £4,283,864). The intermediate parent company has agreed to provide financial support which will enable the Company to continue to meet it's liabilities as they fall due for a period of at least twelve months from the date of approval of these financial statements. On this basis the directors believe the going concern concept is appropriate to the Company.”
Significant events
- “There were no events occurring after the balance sheet date requiring disclosure in, or adjustment to, the statutory financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BRADY, Paul Declan | Secretary | 2013-10-09 | — | — |
| BRADY, Paul Declan | Director | 2013-10-09 | Feb 1967 | Irish |
| TIERNEY, Donal Thomas Martin | Director | 2016-01-04 | Apr 1965 | Irish |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| TELFER, Sheila | Secretary | 1995-12-07 | 2013-10-09 |
| BROUGHTON SECRETARIES LIMITED | Corporate Secretary | 2014-05-12 | 2016-01-04 |
| ALGAR, Brian Edward | Director | 1998-05-26 | 2013-10-09 |
| DOYLE, Gary Anthony | Director | 2013-10-09 | 2016-01-04 |
| DOYLE, Gary Anthony | Director | 2013-10-09 | 2013-10-09 |
| FERGUSON, Angus Scott | Director | 1996-06-01 | 2002-03-13 |
| GLASS, Colin | Director | 1998-05-26 | 2013-10-09 |
| JONES, Roger Anthony | Director | 1998-05-26 | 2003-03-01 |
| TELFER, Sheila | Director | 1996-06-01 | 2013-10-09 |
| TELFER, Stewart Bryson, Dr | Director | 1995-12-07 | 2013-10-09 |
| TIERNEY, Daniel, Mr. | Director | 2016-07-15 | 2016-07-27 |
| TIERNEY, Donal Thomas Martin | Director | 2013-10-09 | 2013-12-23 |
| TIERNEY, Jonathan James | Director | 2013-10-09 | 2013-12-23 |
| TIERNEY, Louise | Director | 2014-09-22 | 2026-03-04 |
| BIMEDA GOVERNANCE SERVICES LIMITED | Corporate Director | 2016-01-04 | 2016-03-21 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Donal Thomas Martin Tierney | Individual | Shares 25–50% | 2016-06-30 | Active |
Filing timeline
Last 20 of 145 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-04 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-02 | AA | accounts | Accounts with accounts type full | |
| 2024-11-21 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-11-14 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-11-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-26 | AA | accounts | Accounts with accounts type full | |
| 2023-11-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-10 | AA | accounts | Accounts with accounts type full | |
| 2022-11-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-21 | AA | accounts | Accounts with accounts type total exemption full | |
| 2021-11-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-12 | AA | accounts | Accounts with accounts type full | |
| 2020-12-08 | AA | accounts | Accounts with accounts type full | |
| 2020-11-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-08-03 | CH01 | officers | Change person director company with change date | |
| 2020-07-31 | CH03 | officers | Change person secretary company with change date | |
| 2020-07-31 | CH01 | officers | Change person director company with change date | |
| 2020-07-31 | AD01 | address | Change registered office address company with date old address new address | |
| 2020-07-31 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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.