BRADY TECHNOLOGIES LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-01-14 (in 8mo)
Last made up 2025-12-31
Watchouts
Cash
£159K
-79.2% vs 2023
Net assets
-£4M
-1,784.2% vs 2023
Employees
85
+1.2% vs 2023
Profit before tax
-£3M
-80.3% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Name history
Renamed 4 times since incorporation
- BRADY TECHNOLOGIES LIMITED 2020-07-15 → present
- BRADY TECHNOLOGIES PUBLIC LIMITED COMPANY 2020-07-15 → 2020-07-15
- BRADY PUBLIC LIMITED COMPANY 2004-05-27 → 2020-07-15
- BRADY LIMITED 1990-06-29 → 2004-05-27
- BRADY RESEARCH LIMITED CERT TO CHETTLEBURGH'S LTD 1987-09-15 → 1990-06-29
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £14,837,000 | £14,700,000 | |
| Operating profit | -£2,265,000 | -£2,987,000 | |
| Profit before tax | -£1,939,000 | -£3,496,000 | |
| Net profit | -£2,344,000 | -£3,836,000 | |
| Cash | £766,000 | £159,000 | |
| Total assets less current liabilities | £1,927,000 | -£1,361,000 | |
| Net assets | £215,000 | -£3,621,000 | |
| Equity | £215,000 | -£3,621,000 | |
| Average employees | 84 | 85 | |
| Wages | £8,143,000 | £8,305,000 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -15.3% | -20.3% | |
| Net margin | -15.8% | -26.1% | |
| Return on capital employed | -117.5% | 219.5% | |
| Gearing (liabilities / total assets) | 99.0% | 117.0% | |
| Current ratio | 0.14x | 0.09x | |
| Interest cover | -4.66x | -5.87x |
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
- Ernst and Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the Directors' assessment of the Brady group's financial position, the Directors have a reasonable expectation that the Company will continue to operate and meet its liabilities as they fall due for the foreseeable future. According, the Company continue to adopt the going concern basis in preparing these financial statements.”
Group structure
- BRADY TECHNOLOGIES LIMITED · parent
- Brady Energy Norway AS 100%
- Brady Credit Limited
- Brady Credit Trading Limited 100%
- Brady Energy AG
- Brady Energy UK Limited 100%
- Energy Credit Software Services Private Limited 100%
Significant events
- “In June 2025, the Company, as part of a loan agreement entered into by its parent company, Brady Acquisition Limited, has granted a guarantee to the lender in respect of such loan facility.”
- “In April 2024, Brady Energy AG was liquidated.”
- “On 21 March 2024, the Company sold it's 100% shareholding in Brady Credit Limited, a company registered in England and Wales, to it's indirect parent company, Brady Acquisition (Holding) Limited for consideration of £262,000.”
- “In October 2023, the Company issued at par 700 A ordinary shares.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 51 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| COMISH, Michael Douglas | Director | 2021-03-24 | Feb 1965 | British |
| GREATOREX, Anthony Nicholas | Director | 2019-11-21 | Aug 1968 | British |
| KING, Nicolas David Benjamin | Director | 2022-12-15 | Jun 1966 | British |
| LOOK, Daniel James | Director | 2019-03-01 | Jul 1973 | British |
| PEACOCK, Matthew Roy | Director | 2019-11-21 | Sep 1961 | British |
| SMYTH, Giles Edward Lorimer | Director | 2025-09-25 | Aug 1988 | British |
Show 51 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BRADY, Robert Michael | Secretary | 2001-10-10 | 2004-05-20 |
| DIXON, Susan Elizabeth | Secretary | 1999-06-01 | 2001-10-10 |
| HAYES, Kevin Andrew | Secretary | 2007-04-04 | 2007-05-03 |
| HELY, Michael Hamilton Mcmath | Secretary | 1994-12-01 | 1999-06-01 |
| KELLETT-CLARKE, Richard Graham Quinton | Secretary | 2004-05-20 | 2006-01-12 |
| RATCLIFFE, Anthony James | Secretary | 2007-05-03 | 2013-12-31 |
| ROBERTS, Rebecca Anne | Secretary | 2020-06-30 | 2021-02-24 |
| ROWE, David Michael | Secretary | 2006-01-12 | 2007-03-31 |
| STAFFORD, Julian Robert | Secretary | — | 1994-11-30 |
| THORNEYCROFT, Martin | Secretary | 2014-01-01 | 2017-03-07 |
| WOOLLEY, Andrew Moger | Secretary | 2021-01-24 | 2026-04-10 |
| WRIGHT, Rebecca Charlotte | Secretary | 2017-03-07 | 2020-06-30 |
| BECKETT, Gillian Sarah | Director | — | 1996-09-11 |
| BENTLEY, Nadya Lynne | Director | 2020-01-27 | 2020-06-18 |
| BEVERIDGE, Robert James | Director | 2013-08-01 | 2019-11-21 |
| BICKNELL, Geoffrey James | Director | 2008-01-02 | 2010-04-29 |
| BRADY, Robert Michael | Director | — | 2016-09-20 |
| BRAZEL, Patrick | Director | 2008-01-02 | 2015-04-01 |
| CAREY, Carmen Christine | Director | 2017-03-13 | 2021-03-31 |
| CARLEY, Jason Edward | Director | 2021-03-24 | 2025-09-25 |
| COLLINS, Brian Richard | Director | 2004-06-28 | 2013-03-11 |
| COLLISON, Christopher Oakley | Director | 1998-06-10 | 2001-01-01 |
| COXELL, David John | Director | — | 1998-04-08 |
| DE PICCIOTTO, Jacques Robert | Director | 2013-06-01 | 2016-04-30 |
| DELAHAYE, Bernard Jean Rene | Director | 2021-08-20 | 2022-06-30 |
| DHODY, Jog | Director | 2019-11-21 | 2021-03-24 |
| FULLAGAR, Paul George | Director | 2007-07-02 | 2016-06-06 |
| GREIG, Iain Stuart | Director | 2019-03-01 | 2021-07-31 |
| HARVERSON, Peter George | Director | 2007-01-10 | 2016-10-07 |
| HINES, Graham | Director | — | 1994-07-27 |
| JENKS, Ian Tudor | Director | 2016-06-06 | 2019-11-21 |
| JUDD, Thomas Patrick Charles | Director | — | 1991-07-12 |
| KELLETT-CLARKE, Richard Graham Quinton | Director | 2004-05-20 | 2006-04-30 |
| KOSCHITZKY, Joel Isaac | Director | 1998-11-04 | 2006-01-11 |
| LAVELLE, Gavin Joseph | Director | 2007-09-03 | 2016-12-06 |
| LIND, Bernard J | Director | 1999-07-26 | 1999-07-31 |
| LIND, Bernard J | Director | 1996-03-12 | 1999-07-31 |
| LOCKETT, Thomas Ralph Ashley | Director | 1996-04-16 | 1998-12-23 |
| MARCANTONIO, Angela | Director | — | 1996-10-09 |
| MCARTHUR, Neil | Director | 2004-06-01 | 2007-12-31 |
| OLESEN, Thomas Erik | Director | 1995-04-25 | 1999-03-15 |
| PARRATT, David John, Dr | Director | — | 1999-07-31 |
| POWELL, Ian Donald | Director | 2020-03-06 | 2021-03-24 |
| RATCLIFFE, Anthony James | Director | 2007-05-03 | 2013-12-31 |
| ROBERTS, Rebecca Anne | Director | 2020-06-18 | 2021-02-24 |
| ROWE, David Michael | Director | 2004-04-28 | 2007-03-31 |
| SIMISTER, Graham Richard | Director | 1995-09-25 | 2007-12-31 |
| SIPIERE, Elizabeth Ann | Director | 2016-10-07 | 2018-05-31 |
| STAFFORD, Julian Robert | Director | — | 1994-11-30 |
| THORNEYCROFT, Martin | Director | 2014-01-01 | 2019-12-09 |
| WOOLLEY, Andrew Moger | Director | 2021-02-24 | 2026-04-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Brady Acquisition Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-11-18 | Active |
| Kestrel Partners Llp | Corporate entity | Shares 25–50%, Voting 25–50% | 2017-07-24 | Ceased 2019-11-18 |
Filing timeline
Last 20 of 345 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-07-07 MA Memorandum articles
- 2025-07-07 RESOLUTIONS Resolution
- 2025-07-07 CC04 Statement of companys objects
- 2023-11-02 MA Memorandum articles
- 2023-10-11 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-12 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-12 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-01-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-10 | AA | accounts | Accounts with accounts type full | |
| 2025-07-11 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-07-07 | MA | incorporation | Memorandum articles | |
| 2025-07-07 | RESOLUTIONS | resolution | Resolution | |
| 2025-07-07 | CC04 | change-of-constitution | Statement of companys objects | |
| 2025-07-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-07-02 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-01-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-24 | AA | accounts | Accounts with accounts type full | |
| 2024-01-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-11-21 | SH01 | capital | Capital allotment shares | |
| 2023-11-02 | MA | incorporation | Memorandum articles | |
| 2023-10-30 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-10-17 | AA | accounts | Accounts with accounts type full | |
| 2023-10-11 | MA | incorporation | Memorandum articles |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 12
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 3
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 2024-12-31 vs 2023-12-31
-
Turnover
-0.9%
£14,837,000 £14,700,000
-
Cash
-79.2%
£766,000 £159,000
-
Net assets
-1,784.2%
£215,000 -£3,621,000
-
Employees
+1.2%
84 85
-
Operating profit
-31.9%
-£2,265,000 -£2,987,000
-
Profit before tax
-80.3%
-£1,939,000 -£3,496,000
-
Wages
+2%
£8,143,000 £8,305,000
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