DELCAM LIMITED

• ⚠

  Material uncertainty over going concern

  Subsequent to the year end, the directors of Delcam Limited have concluded that the company is not a going concern. This assessment is based on their intention to wind down the business upon resolving the ongoing matter with HMRC and completing the closure of the company's subsidiaries. The directors have received confirmation from the Company

1. DELCAM LIMITED 2014-05-08 → present
2. DELCAM PLC 1997-01-21 → 2014-05-08
3. DELCAM INTERNATIONAL PLC 1991-01-23 → 1997-01-21
4. DELTACAM SYSTEMS LIMITED 1989-03-10 → 1991-01-23
5. INGLEBY (379) LIMITED 1988-11-01 → 1989-03-10

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Saffery LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Subsequent to the year end, the directors of Delcam Limited have concluded that the company is not a going concern. This assessment is based on their intention to wind down the business upon resolving the ongoing matter with HMRC and completing the closure of the company's subsidiaries. The directors have received confirmation from the Company”

Significant events

• “On 1 July 2024, the company paid a dividend to its parent company Autodesk UK Holdings Limited in the amount of GBP 9,000,000.”
• “Following the sale and transfer of the company's intellectual property to Autodesk, Inc. in the year to 31 January 2024 the principal activity of Delcam Limited changed from software development and licensing to that of an intermediate holding company.”
• “Subsequent to the year end, HMRC confirmed their intention to recommend that the open corporation tax enquiries for 2021-2023 be closed with no adjustment and no adjustment for the review of the intellectual property sale in 2024. These enquiries remain subject to completion of HMRC's internal governance process.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  —

  Not reported

• Cash

  +3.4%

  £2,931,000 → £3,031,000

• Net assets

  -81.9%

  £10,643,000 → £1,925,000

• Employees

  —

  Not reported

• Operating profit

  -100.4%

  £17,272,000 → -£66,000

• Profit before tax

  -98.2%

  £18,300,000 → £333,000

  lowest in 3 filed years

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