TELESOFT TECHNOLOGIES LIMITED

1. TELESOFT TECHNOLOGIES LIMITED 2000-04-25 → present
2. TELESOFT DESIGN LIMITED 1989-02-08 → 2000-04-25

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

Consolidated group

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In assessing whether the financial statements for the company should be prepared on the going concern basis, the directors have considered the outlook of the company, including future operating profits, cash flows and facilities available to the company. Despite the significant reduction in revenue in the current financial year, future cashflows and forecasts based on anticipated revenue, along with the reduction in overheads, confirm that the company will remain cash positive. Further information on this is given in note 2.4 to these financial statements. The directors are satisfied that the company will have sufficient funds to repay its liabilities as they fall due and adequate resources to continue in operational existence for the foreseeable future. Consequently, the financial statements of the company are prepared on the going concern basis.”

Group structure

1. TELESOFT TECHNOLOGIES LIMITED · parent
   1. Telesoft Technologies Incorporated 100% · United States of America · sale and support of telecommunications equipment
   2. Telesoft Technologies Limited 100% · India · sale and support of telecommunications equipment

Significant events

• “We have entered into a joint partnership with a very well-established distributor in the Kingdom of Saudi Arabia and have opened a new office there to demonstrate and promote our cyber defence products into the Middle East region.”
• “In response to the uncertainty in the market the company also reviewed its internal structure and made a number of changes to allow the business to operate in a leaner fashion at reduced overheads with a lower break-even point. Whilst much of the restructure was completed during the financial year, some further reorganisation was carried out in the period from October to December 2024.”
• “As noted in the Business Review, on page 1, the company carried out some further restructuring in the period from 1 October 2024 to 31 December 2024.”

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

Filings

11

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  -43.9%

  £7,910,000 → £4,435,000

• Cash

  -14.8%

  £1,456,000 → £1,241,000

• Net assets

  -32.8%

  £8,464,000 → £5,685,000

• Employees

  0%

  64 → 64

• Operating profit

  -463.6%

  £709,000 → -£2,578,000

• Profit before tax

  -462.3%

  £701,000 → -£2,540,000

• Wages

  +4.1%

  £3,778,000 → £3,933,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers