UK Companies House feature
HTEC LIMITED
Cash
£794K
-2.7% vs 2023
Net assets
£10M
-29.7% vs 2023
Employees
132
0% vs 2023
Profit before tax
-£4M
-440.5% vs 2023
Profile
- Company number
- 01486255
- Status
- Active
- Incorporation
- 1980-03-19
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 62090
Net assets
7-year trend · vs UK AI & Enterprise SaaS median
Accounts
7-year trend · latest 2024-12-31
| Metric | Trend | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | £21,031,751 | — | £21,411,474 | — | £15,306,071 | £10,359,993 | |
| Operating profit | — | -£2,856,871 | — | -£1,057,697 | — | £1,267,279 | -£4,300,655 | |
| Profit before tax | — | -£2,932,799 | — | -£1,072,231 | — | £1,263,995 | -£4,304,478 | |
| Net profit | — | -£2,249,518 | — | -£820,293 | — | £1,250,259 | -£4,191,012 | |
| Cash | — | £700,315 | — | £828,057 | — | £815,697 | £793,537 | |
| Total assets less current liabilities | — | £14,518,105 | — | £13,482,392 | — | £14,932,173 | £11,193,072 | |
| Net assets | — | £13,704,118 | — | £12,883,825 | — | £14,134,084 | £9,943,072 | |
| Equity | £15,953,636 | £13,704,118 | £13,704,118 | £12,883,825 | £12,883,825 | £14,134,084 | £9,943,072 | |
| Average employees | — | 215 | — | 183 | — | 132 | 132 | |
| Wages | — | £9,042,018 | — | £6,854,100 | — | £4,935,255 | £4,189,618 |
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
- Standalone (parent only)
- Auditor
- Blick Rothenberg Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making enquiries, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of at least twelve months from the date these financial statements were approved. This assessment is based on the financial support of the ultimate parent Company, which has been confirmed in writing. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”
Subsidiaries
- Spedinorcon Limited · 100% held · London, EC4A 3TW
- HTEC Retail Services Limited · 100% held · London, EC4A 3TW
Significant events
- “In 2024 the Company commenced a search for a new warehouse and office facilities with the plan to exit the current warehouse and office facility in mid 2025 into premises more suited to the current business operations.”
- “In 2025, the Company is in the process of relocating from the current premises as a cost rationalistion initiative.”
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
3 active · 37 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| TAYLOR WESSING SECRETARIES LIMITED | Corporate Secretary | 2023-01-12 | — | — |
| FRANGIS, James Alexander | Director | 2022-09-02 | Jun 1968 | American |
| GEISS, Linnea | Director | 2022-09-02 | Jul 1978 | American |
Show 37 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BROYD, David Frederick | Secretary | — | 1998-02-16 |
| COOKE, Oliver Charles | Secretary | 1998-02-19 | 1998-06-09 |
| GOOD, Thomas William | Secretary | 1998-06-09 | 1999-01-13 |
| PATON, Daryl Marc | Secretary | 2017-07-10 | 2020-11-30 |
| PAUL, Edwin Maurice | Secretary | 1999-01-05 | 2011-06-30 |
| SMEETON, Robert Johm | Secretary | 2011-06-30 | 2017-07-10 |
| WILDING, Adrian | Secretary | 2021-05-01 | 2022-09-07 |
| BETT, Alan | Director | 2006-02-27 | 2007-05-23 |
| BRINKMAN, Barrie Leslie | Director | — | 2000-10-31 |
| BROYD, David Frederick | Director | — | 1998-02-19 |
| CLUMP, Carlyle Cyril | Director | 1998-10-05 | 2000-01-11 |
| COOKE, Oliver Charles | Director | 1998-02-19 | 1998-06-09 |
| COOPER, Paul | Director | 2007-01-05 | 2011-05-11 |
| CULLEN, Thomas Lawrence | Director | 1984-02-28 | 1998-12-31 |
| GRINSELL, Adrian Henry | Director | 1999-01-01 | 2007-10-02 |
| HATCHER, Christine | Director | 2022-09-02 | 2023-01-31 |
| JACKSON, Christopher Richard | Director | — | 2000-01-11 |
| KIMBER, David Edward | Director | — | 1998-02-02 |
| LEWIS, Jeremy Michael James | Director | 2013-09-23 | 2021-04-30 |
| MACKIE, Raymond John | Director | 2000-10-23 | 2007-01-05 |
| MCMONIGALL, John Phillips | Director | — | 1995-12-22 |
| MILLS, John Eric | Director | 2003-04-01 | 2007-05-23 |
| MINORS, David Charles Towers | Director | 2000-12-01 | 2002-01-31 |
| MOODY, Michael Hudson | Director | 2002-04-01 | 2007-05-23 |
| PATON, Daryl Marc | Director | 2017-07-10 | 2020-11-30 |
| PAUL, Edwin Maurice | Director | 1999-01-05 | 2009-01-01 |
| RADLEY, Neil Andrew | Director | 2021-05-01 | 2022-06-18 |
| RAVEN, Brian Kenneth | Director | 1998-02-19 | 1998-06-09 |
| REEVE, Colin | Director | 2005-04-06 | 2007-05-23 |
| RUSHTON, Christopher Keith | Director | 1994-10-01 | 1995-12-15 |
| SMEETON, Robert John | Director | 2009-01-01 | 2017-07-10 |
| SMOTHERMAN, Stacey | Director | 2022-09-02 | 2023-10-23 |
| STOCKS, Sarah Jane | Director | 2003-10-01 | 2007-05-23 |
| WHITTAKER, Nigel | Director | 1998-06-09 | 1998-12-08 |
| WILDING, Adrian | Director | 2021-05-01 | 2022-09-03 |
| WILLMORE, David | Director | — | 2003-03-28 |
| VIVANTE PRODUCTIONS LIMITED | Corporate Director | 2011-07-13 | 2013-09-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Universe Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-02-24 | Active |
| Mr Adrian Wilding | Individual | Significant influence | 2021-05-01 | Ceased 2022-09-03 |
| Mr Neil Andrew Radley | Individual | Significant influence | 2021-05-01 | Ceased 2022-06-18 |
| Mr Daryl Marc Paton | Individual | Significant influence | 2017-07-10 | Ceased 2020-11-30 |
| Htec Group Limited | Corporate entity | Shares 75–100% | 2017-04-01 | Ceased 2025-02-24 |
| Mr Jeremy Michael James Lewis | Individual | Significant influence | 2017-04-01 | Ceased 2021-04-30 |
| Mr Baljit Kumar Tank | Individual | Significant influence | 2017-04-01 | Ceased 2021-03-24 |
| Mr Robert John Smeeton | Individual | Significant influence | 2017-04-01 | Ceased 2017-07-10 |
Filing timeline
Last 20 of 255 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-28 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2026-04-28 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2025-07-31 | AA | accounts | accounts with accounts type full |
| 2025-04-23 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-09-30 | AA | accounts | accounts with accounts type full |
| 2024-04-16 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-02-13 | AA | accounts | accounts with accounts type full |
| 2023-11-14 | TM01 | officers | termination director company with name termination date |
| 2023-04-26 | AA | accounts | accounts with accounts type full |
| 2023-04-18 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-04-18 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2023-04-18 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2023-04-18 | AP04 | officers | appoint corporate secretary company with name date |
| 2023-04-18 | AD01 | address | change registered office address company with date old address new address |
| 2023-04-18 | TM01 | officers | termination director company with name termination date |
| 2023-04-17 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2023-04-17 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2023-04-05 | DISS40 | gazette | gazette filings brought up to date |
| 2023-03-07 | GAZ1 | gazette | gazette notice compulsory |
| 2022-09-09 | TM02 | officers | termination secretary company with name termination date |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
4.90
SAFE
Altman Z″
- Working capital / Total assets 0.717 × 6.56 = +4.70
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -0.291 × 6.72 = -1.95
- Book equity / Total liabilities 2.049 × 1.05 = +2.15
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory