UK Companies House feature
VISTEX (UK) LIMITED
Cash
£4M
-12.4% vs 2022
Net assets
£14M
+9.2% vs 2022
Employees
88
+6% vs 2022
Profit before tax
£2M
-54.5% vs 2022
Profile
- Company number
- 02123605
- Status
- Active
- Incorporation
- 1987-04-15
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 62020
Net assets
5-year trend · vs UK AI & Enterprise SaaS median
Accounts
5-year trend · latest 2023-12-31
| Metric | Trend | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|---|
| Turnover | — | £12,756,273 | — | £15,294,476 | £13,394,484 | |
| Operating profit | — | £2,631,408 | — | £3,321,189 | £1,510,278 | |
| Profit before tax | — | £2,631,408 | — | £3,321,189 | £1,510,278 | |
| Net profit | — | £2,186,844 | — | £2,688,459 | £1,153,144 | |
| Cash | £4,710,074 | £3,125,817 | £3,125,817 | £5,108,612 | £4,475,233 | |
| Total assets less current liabilities | — | £9,804,015 | — | £12,543,452 | £13,655,814 | |
| Net assets | — | £9,804,015 | — | £12,492,474 | £13,645,618 | |
| Equity | £7,617,171 | £9,804,015 | £9,804,015 | £12,492,474 | £13,645,618 | |
| Average employees | — | 79 | — | 83 | 88 | |
| Wages | — | £5,314,763 | — | £5,761,681 | £6,387,162 |
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
- Nortons Assurance Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“For these reasons the Directors do not see a risk to the Company's status as a going concern.”
Significant events
- “The tragic incident in January 2024 which took the lives of CEO, Founder and Chief Architect, Sanjay Shah and Vistex's President Raju Datla, had a profound effect on everyone at Vistex, particularly as it occurred while the Group's Asia Pacific colleagues celebrated the 25 year anniversary of Vistex.”
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
2 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BIEGUN, Amos | Director | 1997-05-08 | Jun 1964 | British |
| SHAH, Hemali Sanjay | Director | 2024-01-31 | Sep 1971 | American |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KATOVSKY, Laura Sylvia | Secretary | — | 2014-02-13 |
| PERRY, Sharron | Secretary | 1987-05-24 | 2001-07-17 |
| KATOVSKY, Robert Batavier | Director | — | 2014-02-13 |
| LEA, Lori | Director | 2015-03-31 | 2019-09-06 |
| LEIPER, Robert James | Director | — | 2013-05-31 |
| OAKE, Christopher Norman | Director | — | 2003-12-12 |
| ONEILL, Graham | Director | — | 1994-04-28 |
| SHAH, Sanjay Dinesh | Director | 2015-03-31 | 2024-01-18 |
| BZ CONSULTANCY LTD | Corporate Director | — | 1993-03-22 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Hemali Sanjay Shah | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-04-01 | Active |
| Sanjay Shah | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2024-04-01 |
Filing timeline
Last 20 of 145 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-11-07 | MR04 | mortgage | mortgage satisfy charge full |
| 2025-09-09 | AA | accounts | accounts with accounts type full |
| 2025-06-20 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-09-05 | AA | accounts | accounts with accounts type full |
| 2024-07-11 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-07-10 | PSC01 | persons-with-significant-control | notification of a person with significant control |
| 2024-07-10 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-05-17 | AP01 | officers | appoint person director company with name date |
| 2024-05-17 | TM01 | officers | termination director company with name termination date |
| 2024-01-08 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-01-08 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-01-08 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-01-08 | MR04 | mortgage | mortgage satisfy charge full |
| 2023-08-03 | AA | accounts | accounts with accounts type full |
| 2023-06-20 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-10-03 | AA | accounts | accounts with accounts type full |
| 2022-06-22 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-07-29 | AA | accounts | accounts with accounts type full |
| 2021-06-29 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2020-08-18 | AA | accounts | accounts with accounts type full |
Credit score
Altman Z″ (private-firm) · reference 2023-12-31
7.66
SAFE
Altman Z″
- Working capital / Total assets 0.698 × 6.56 = +4.58
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.078 × 6.72 = +0.53
- Book equity / Total liabilities 2.428 × 1.05 = +2.55
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