How much does Bso Network Solutions Limited make?

Bso Network Solutions Limited reported revenue of £24.9m and £454k profit in the year to 31 Dec 2022, according to its accounts filed at Companies House.

How many employees does Bso Network Solutions Limited have?

Bso Network Solutions Limited reported an average of 20 employees in the year to 31 Dec 2022.

Is Bso Network Solutions Limited profitable?

Yes — Bso Network Solutions Limited reported a profit of £454k in the year to 31 Dec 2022.

Company No. 06457839 · Incorporated 20 Dec 2007

Bso Network Solutions Limited

Registered name: BSO NETWORK SOLUTIONS LIMITED

Part of Bso Ireland Limited group

Bso Network Solutions Limited made £24.9m revenue and £454k profit in the year to 31 Dec 2022.

Bso Network Solutions Limited’s revenue was £24.9m in the year to 31 Dec 2022, with £454k profit and 20 employees. The company is classified under “other telecommunications activities” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 61900Other telecommunications activities

Status: Active
Location: London, London
Age: 18 yrs · since 2007
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2022

Key figures

Capital-lightDoing more with less

Revenue

£24.9m

Growth ▲0.4%

Profit

£454k

Growth ▼16.4%

Profit margin

1.8%

Gross 38.7%

Employees

Change ▼20%

Profit / employee

£22.7k

Revenue/employee £1.2m

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£24.8m	£24.9m
Cost of sales	£14.2m	£15.3m
Gross profit	£10.6m	£9.6m
Operating profit	£877k	£675k
Profit before tax	£751k	£788k
Profit after tax	£544k	£454k
Profit (best available)	£544k	£454k
Employees (average)	25	20
Ratios
Profit margin	2.2%	1.8%
Gross margin	42.6%	38.7%
Revenue per employee	£993k	£1.2m
Profit per employee	£21.7k	£22.7k
Growth (year on year)
Revenue growth	—	▲0.4%
Profit growth	—	▼16.4%
Headcount growth	—	▼20%
Balance sheet — indirect signals, not revenue
Cash at bank	£446k	£1.4m
Net assets	£8.2m	£8.7m
Fixed assets	£125k	£59k
Current assets	£14.8m	£16.5m
Debtors	£13.9m	£14.5m
Deferred income	£4.2m	£4.7m
Source	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2024

Derived from the latest filing

How the business works

Profit margin: 1.8%; Profit ÷ revenue.
Gross margin: 38.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.2m; Revenue ÷ average employees.
Profit per employee: £22.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 19%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 58.3%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▲6%; Now £8.7m
Cash at bank: ▲221%; Now £1.4m
Headcount: ▼20%; Now 20
Deferred income: ▲12%; Now £4.7m
Fixed assets: ▼53%; Now £59k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Bso Ireland Limited (registered outside the UK register)ultimate parent75–100%
Bso Network Solutions Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2022 (profit £454k), from the Companies House accounts bulk data published Jan 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.