SYSPRO UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-11-30
Confirmation statement due
2027-01-14 (in 8mo)
Last made up 2025-12-31
Watchouts
Cash
£5M
+73.5% vs 2023
Net assets
£1M
+12,349.5% vs 2023
Employees
82
+1.2% vs 2023
Profit before tax
£2M
+352.5% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Name history
Renamed 7 times since incorporation — the current trading name was adopted 2025-08-28
- SYSPRO UK LIMITED 2025-08-28 → present
- NEXSYS SOLUTIONS LIMITED 2022-11-08 → 2025-08-28
- K3 SYSPRO LIMITED 2012-02-24 → 2022-11-08
- K3 SUPPLY CHAIN SOLUTIONS LIMITED 2007-07-26 → 2012-02-24
- K3 MCGUFFIE BRUNTON LIMITED 2007-05-01 → 2007-07-26
- MCGUFFIE BRUNTON LIMITED 1987-07-02 → 2007-05-01
- MCGUFFIE BRUNTON (NORTHERN) LIMITED 1983-11-29 → 1987-07-02
- GLENGAR LIMITED 1983-08-24 → 1983-11-29
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · latest reflected 2024-11-30
| Metric | Trend | 2023-11-30 | 2024-11-30 |
|---|---|---|---|
| Turnover | £11,855,373 | £12,048,320 | |
| Operating profit | -£640,767 | £2,005,234 | |
| Profit before tax | -£787,667 | £1,988,631 | |
| Net profit | -£1,337,414 | £2,028,594 | |
| Cash | £2,905,854 | £5,040,219 | |
| Total assets less current liabilities | £233,605 | £1,467,044 | |
| Net assets | £11,784 | £1,467,044 | |
| Equity | £11,784 | £1,467,044 | |
| Average employees | 81 | 82 | |
| Wages | £4,121,186 | £4,228,424 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-11-30 | 2024-11-30 |
|---|---|---|---|
| Operating margin | -5.4% | 16.6% | |
| Net margin | -11.3% | 16.8% | |
| Return on capital employed | -274.3% | 136.7% | |
| Current ratio | 0.72x | 1.16x | |
| Interest cover | -4.24x | 120.78x |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Crowe U.K. LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Nexsys has prepared a cashflow forecast for a period of at least 12 months from the date of approval of the financial statements which shows that Nexsys will have reasonable headroom to support its forecast working capital requirements. The forecast has undergone sensitivity analysis and stress testing and the Directors have concluded that there is no reasonable worst-case scenario that is likely which would mean that Nexsys would run out of cash. The Directors therefore have a reasonable expectation that there are no material uncertainties that cast significant doubt about Nexsys's ability to continue in operation and meet its liabilities as they fall due for the foreseeable future, being a period of a least 12 months from the date of approval of the financial statements. For these reasons the financial statements have been prepared on a going concern basis.”
Significant events
- “Nexsys Solutions Limited was sold to Advent, a leading global private equity investor who also took ownership of Syspro in October.”
- “Nexsys was sold by K3 to Advent post year end with a 6 January 2025 completion date. The sale was agreed on 29 November 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 24 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| TRUSTMOORE UK OFFICER LTD | Corporate Secretary | 2025-01-24 | — | — |
| OAKLEY, Catherine | Director | 2024-12-18 | Oct 1977 | British |
Show 24 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ALDERSON, Lavinia | Secretary | 2023-01-26 | 2023-04-26 |
| CURRY, Kevin Joseph | Secretary | 2018-09-07 | 2023-01-26 |
| DODD, Eric Stephen | Secretary | 2023-10-06 | 2025-01-06 |
| GRAINGER, Adam David | Secretary | 2023-04-26 | 2023-10-05 |
| GREENE, Brian Michael | Secretary | — | 2004-12-31 |
| KIDWELL, Sandra Clare | Secretary | 2007-03-30 | 2018-09-07 |
| MURRAY, Paul Ian | Secretary | 2004-12-31 | 2007-03-30 |
| BOLTON, David John | Director | 2007-03-30 | 2016-11-18 |
| CURRY, Kevin Joseph | Director | 2021-03-04 | 2023-01-26 |
| DAVIS, Brian Stuart | Director | 2013-12-31 | 2016-10-17 |
| DODD, Eric Stephen | Director | 2023-04-26 | 2025-01-06 |
| GRAINGER, Adam David | Director | 2023-04-26 | 2023-10-05 |
| GREENE, Brian Michael | Director | — | 2004-12-31 |
| HART, Andrew Jeremy | Director | — | 2007-03-30 |
| JOSEPH, Howard David | Director | 1992-10-01 | 2007-03-30 |
| MAKEHAM, Andrew | Director | 2007-03-30 | 2014-01-24 |
| MCGRANE, Nicholas John | Director | 2024-12-18 | 2025-06-12 |
| MURRAY, Paul Ian | Director | — | 2007-03-30 |
| O'DONNELL, Kevin | Director | 2001-06-05 | 2007-03-30 |
| PRICE, Robert David | Director | 2016-10-26 | 2023-04-30 |
| ROGERS, Michael | Director | — | 1991-11-01 |
| SPRY, Paul | Director | 2007-03-30 | 2013-12-31 |
| VALDIMARSSON, Adalsteinn | Director | 2016-10-26 | 2021-03-04 |
| VERGANI, Marco | Director | 2021-05-25 | 2023-10-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Safari Uk Bidco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-01-06 | Active |
| K3 Business Technology Group Plc | Corporate entity | Shares 75–100% | 2018-09-28 | Ceased 2025-01-06 |
| K3 Business Systems Holdco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2018-09-28 |
Filing timeline
Last 20 of 214 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-08-28 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-11-03 | CH04 | officers | Change corporate secretary company with change date | |
| 2025-08-28 | CERTNM | change-of-name | Certificate change of name company | |
| 2025-08-14 | AA | accounts | Accounts with accounts type full | |
| 2025-07-21 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-30 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-05-06 | AA01 | accounts | Change account reference date company current extended | |
| 2025-01-27 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2025-01-27 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-01-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-06 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-01-06 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-01-06 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-06 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-12-18 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-18 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-29 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-11-29 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-11-28 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-09-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- 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.
Year-on-year
FY2023 → FY2024 · period ending 2024-11-30 vs 2023-11-30
-
Turnover
+1.6%
£11,855,373 £12,048,320
-
Cash
+73.5%
£2,905,854 £5,040,219
-
Net assets
+12,349.5%
£11,784 £1,467,044
-
Employees
+1.2%
81 82
-
Operating profit
+412.9%
-£640,767 £2,005,234
-
Profit before tax
+352.5%
-£787,667 £1,988,631
-
Wages
+2.6%
£4,121,186 £4,228,424
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers