SAPIENS ADVANTAGEGO LIMITED

• ◆

  7 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. SAPIENS ADVANTAGEGO LIMITED 2025-06-04 → present
2. COFORGE ADVANTAGEGO LIMITED 2020-09-03 → 2025-06-04
3. NIIT INSURANCE TECHNOLOGIES LIMITED 2010-08-19 → 2020-09-03
4. ROOM SOLUTIONS LIMITED 2001-07-16 → 2010-08-19
5. ROOM UNDERWRITING SYSTEMS LIMITED 1990-07-18 → 2001-07-16
6. CHASEROCK LIMITED 1990-05-18 → 1990-07-18

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)

Auditor

AAB Audit & Accountancy Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on both the Investment and Slower Growth scenarios the Company has sufficient operating cash flows for at least 12 months following the approval date of the financial statements.”

Significant events

• “On 4th June 2025 the Company's name changed from Coforge AdvantageGo Limited to Sapiens AdvantageGo Limited.”
• “In May 2024 the Company entered into a Loan agreement for £6.5m for a period of 3 years from its immediate parent company, Coforge UK Limited, for meeting its immediate requirement for product development. The loan is to be repaid by end of the 3-year period interest at the rate of SONIA +1.40% p.a. payable on repayment of the loan. In May 2025 Company has fully repaid this loan to Coforge UK.”
• “On 30th May 2025, the Company was wholly acquired by Sapiens UK Limited. As part of the Sapiens International Corporation NV(NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, this strategic acquisition significantly enhances Sapiens' global P&C proposition, adding cutting-edge underwriting workbench capabilities that address one of the most critical challenges in the P&C industry today.”
• “In the current financial year, the holding company have granted 30,000 shares to an employee of the Company.”

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

Filings

20

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

7

last 12 months

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

• Turnover

  +12.8%

  £16,374,789 → £18,463,788

• Cash

  -97.9%

  £428,878 → £9,026

• Net assets

  -21.2%

  £22,814,327 → £17,971,197

• Employees

  -0.6%

  476 → 473

• Operating profit

  -126.3%

  -£2,916,665 → -£6,599,868

• Profit before tax

  -126.3%

  -£2,915,822 → -£6,599,840

• Wages

  +5.1%

  £5,523,711 → £5,804,524

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