CompanyTrack
1

15BELOW LIMITED

Active East Sussex

Information technology consultancy activities

78 employees Website
Information technology, telecommunications and data Information technology consultancy activities
1

15BELOW LIMITED

Information technology consultancy activities

Founded 10 Mar 2000 Active East Sussex, United Kingdom 78 employees 15below.com
Information technology, telecommunications and data Information technology consultancy activities
Accounts Submitted 2 Oct 2025
Confirmation Statement Submitted 21 Aug 2025
Net assets £6.73M £3.08M 2023 year on year
Total assets £11.01M £3.96M 2023 year on year
Total Liabilities £4.29M £880.16K 2023 year on year
Charges 4
2 outstanding 2 satisfied

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Contact & Details

Registered Address

Lyndean House 43-46 Queens Road Brighton East Sussex BN1 3XB

Credit Report

Discover 15BELOW LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

Financials

Financials

Period 1 Jan → 31 Dec 2023
Type Total Exemption Full
Next accounts 31 December 2024
Due by 30 September 2025 9 months

Net Assets, Total Assets & Total Liabilities (2014–2023)

Cash in Bank

£5.73M

Increased by £2.17M (+61%)

Net Assets

£6.73M

Increased by £3.08M (+85%)

Total Liabilities

£4.29M

Increased by £880.16k (+26%)

Turnover

£16.16M

Increased by £979.72k (+6%)

Employees

78

Increased by 10 (+15%)

Debt Ratio

39%

Decreased by 9 (-19%)

Financial History

Revenue, profit, EBITDA and key financial figures

2023
Dec Year End
2022
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

£8.4m raised
Show:

Investors (1)

Investor NameInvestor SinceParticipating Rounds
LDCJun 2025Private Equity Investment

Share Capital

Share Capital

Share allotments and capital structure

2 Allotments 6,000 Shares £8.42m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
23 Jun 20252,000£2.62m£1k
23 Jun 20254,000£5.80m£1k

Officers

Officers

3 active 12 resigned
Status
Karen Mary Smith-watsonDirectorIrishEngland5428 Feb 2024Active
Nicholas KeySecretaryBritishUnknown7 Aug 2006Active
Nicholas Spencer KeyDirectorBritishUnited Kingdom518 May 2000Active

Shareholders

Shareholders (1)

15below Holdings Limited
100.0%
7,99321 Aug 2025

Persons with Significant Control

Persons with Significant Control (1)

1 Active 4 Ceased

15below Holdings Limited

United Kingdom

Active
Notified 9 Sept 2020
Nature of Control
  • Ownership Of Shares 75 To 100 Percent
  • Voting Rights 75 To 100 Percent
  • Right To Appoint And Remove Directors

15below Investments Limited

Ceased 9 Sept 2020

Ceased

Ruslan Anthony Holte Evans

Ceased 24 Aug 2020

Ceased

John Clynes

Ceased 24 Aug 2020

Ceased

Nicholas Key

Ceased 24 Aug 2020

Ceased

Group Structure

Group Structure

15BELOW HOLDINGS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
PROJECT VENUS LIMITED united kingdom shares 25 to 50 percent, voting rights 25 to 50 percent
LDC GP LLP united kingdom voting rights 75 to 100 percent limited liability partnership, right to share surplus assets 75 to 100 percent limited liability partnership
LDC (GENERAL PARTNER) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
LLOYDS DEVELOPMENT CAPITAL (HOLDINGS) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
LBG EQUITY INVESTMENTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
LLOYDS BANKING GROUP PLC united kingdom
15BELOW LIMITED Current Company

Charges

Charges

2 outstanding 2 satisfied

Documents

Company Filings

DateCategoryDescriptionDocument
2 Oct 2025AccountsAnnual accounts made up to 2024-12-31View(31 pages)
22 Aug 2025AddressMove Registers To Sail Company With New AddressView(1 page)
22 Aug 2025Persons With Significant ControlChange to 15Below Holdings Limited as a person with significant control on 2025-07-14View(2 pages)
22 Aug 2025AddressChange Sail Address Company With New AddressView(1 page)
21 Aug 2025OfficersChange to director Mr Nicholas Spencer Key on 2025-08-04View(2 pages)
2 Oct 2025 Accounts

Annual accounts made up to 2024-12-31

22 Aug 2025 Address

Move Registers To Sail Company With New Address

22 Aug 2025 Persons With Significant Control

Change to 15Below Holdings Limited as a person with significant control on 2025-07-14

22 Aug 2025 Address

Change Sail Address Company With New Address

21 Aug 2025 Officers

Change to director Mr Nicholas Spencer Key on 2025-08-04

Recent Activity

Latest Activity

Annual accounts made up to 2024-12-31

4 months ago on 2 Oct 2025

Move Registers To Sail Company With New Address

5 months ago on 22 Aug 2025

Change to 15Below Holdings Limited as a person with significant control on 2025-07-14

5 months ago on 22 Aug 2025

Change Sail Address Company With New Address

5 months ago on 22 Aug 2025

Change to director Mr Nicholas Spencer Key on 2025-08-04

5 months ago on 21 Aug 2025