UK Companies House feature
ARGUS SOFTWARE (UK) LTD.
Cash
£2M
-13.2% vs 2023
Net assets
£26M
+16.3% vs 2023
Employees
123
+6% vs 2023
Profit before tax
-£5M
-302.8% vs 2023
Profile
- Company number
- 02511981
- Status
- Active
- Incorporation
- 1990-06-14
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 62012
Net assets
10-year trend · vs UK AI & Enterprise SaaS median
Accounts
10-year trend · latest 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | £11,496,133 | — | £11,171,171 | — | £10,896,056 | — | £13,196,484 | — | £13,401,534 | £12,497,480 | |
| Operating profit | -£2,616,493 | — | -£2,101,064 | — | -£3,323,017 | — | -£2,821,939 | — | -£1,132,290 | -£3,905,051 | |
| Profit before tax | -£3,772,341 | — | -£2,100,489 | — | -£3,322,952 | — | -£2,962,779 | — | -£1,132,290 | -£4,560,963 | |
| Net profit | -£3,426,980 | — | -£1,689,276 | — | -£2,811,908 | — | -£2,537,784 | — | -£1,111,404 | -£4,563,708 | |
| Cash | £575,192 | — | £1,843,483 | — | £2,195,443 | — | £2,446,113 | — | £2,034,040 | £1,764,954 | |
| Total assets less current liabilities | £21,854,279 | — | £16,866,619 | — | £24,530,730 | — | £21,982,068 | — | £23,415,654 | £25,950,204 | |
| Net assets | £21,736,754 | — | £16,759,642 | — | £24,519,852 | — | £21,982,068 | — | £21,932,759 | £25,505,659 | |
| Equity | £21,736,754 | £21,736,754 | £16,759,642 | £16,759,642 | £24,519,852 | £24,519,852 | £21,982,068 | £21,982,068 | £21,932,759 | £25,505,659 | |
| Average employees | 118 | — | 121 | — | 123 | — | 114 | — | 116 | 123 | |
| Wages | £5,159,621 | — | £6,732,103 | — | £10,172,241 | — | £9,839,136 | — | £10,111,278 | £12,071,591 |
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
- Sopher + Co LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“During the year the Company made a loss after taxation of £4,570,284 (2023 - £1,111,404) and at the reporting date the Company had net current liabilities of £31,059,952 (2023 - £34,648,619). The directors of the ultimate parent undertaking have indicated that they expect that the Altus Group will have sufficient working capital resources available to be able to ensure that funds continue to be made available to the Company to enable it to meet all of its financial obligations as and when they fall due for at least the next twelve months following the date of approval of these financial statements. Accordingly, the directors have continued to prepare the Company's financial statements on a going concern basis.”
Subsidiaries
- Taliance Limited · 21% held · UK · Software supplier
Significant events
- “In July 2024 the Group announced the agreement to sell its global property tax business, which completed on 1st January 2025. This was to accelerate the Group's strategic vision to transform into a pure-play software, data and analytics platform.”
- “Fixed and floating charges, including a negative pledge, have been registered over the Company's assets and share capital, in respect of loans entered into by the ultimate parent company.”
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
5 active · 25 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DEVONISH, Terrie-Lynne | Secretary | 2021-04-26 | — | — |
| CHHABRA, Pawan | Director | 2023-01-01 | Aug 1972 | American |
| CLARK JR, Ernest L. | Director | 2025-01-01 | Jan 1955 | American |
| DEVONISH, Terrie-Lynne | Director | 2021-04-26 | Jan 1971 | Canadian |
| ROSS, David Hamilton | Director | 2025-01-01 | Jul 1972 | British |
Show 25 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DATTA, Anil | Secretary | 2008-10-01 | 2011-06-01 |
| KATZ, Lynda Joy | Secretary | 1994-06-30 | 2006-11-21 |
| OUSHALKAS, Rose | Secretary | 2011-06-01 | 2011-08-19 |
| TURRIN, Liana | Secretary | 2011-08-19 | 2021-04-26 |
| WEBSTER, Andrew Claiborne | Secretary | 2006-12-15 | 2008-09-04 |
| WEYMAN, Anthony Simon | Secretary | — | 1994-06-30 |
| BARTOLINI, Angelo | Director | 2012-05-14 | 2022-12-31 |
| BROADLEY, Paul John | Director | 2007-04-12 | 2022-09-16 |
| BROADLEY, Paul John | Director | 2000-04-01 | 2006-11-21 |
| FRIEDBERGER, Roger David | Director | 2007-04-12 | 2007-11-08 |
| GARLAND, Mai-Phuong Nguyen | Director | 2009-10-31 | 2011-06-01 |
| HAYTON, Robert James | Director | 2022-09-16 | 2023-02-28 |
| HOWELL, Stephen | Director | 2012-05-14 | 2018-05-15 |
| KATZ, Adrian | Director | — | 2006-11-21 |
| KATZ MRICS, Adrian | Director | 2006-12-15 | 2007-04-12 |
| KINGSTON, Mark | Director | 2006-12-15 | 2011-06-01 |
| LANDGRAVER, Kevin Arthur | Director | 2007-11-01 | 2009-10-31 |
| MILNER, Michael Sean | Director | 2011-06-01 | 2011-06-30 |
| PROBYN, Alexander John | Director | 2011-07-01 | 2025-01-01 |
| ROBINSON, David John | Director | 2007-04-12 | 2011-06-01 |
| ROBINSON, David John | Director | 2000-04-01 | 2006-11-21 |
| TURRIN, Liana Luisa | Director | 2018-01-01 | 2021-04-26 |
| WEYMAN, Anthony Simon | Director | — | 1994-06-30 |
| WRIGHT, Nicholas James | Director | 2023-02-28 | 2025-01-01 |
| YEOMAN, Gary | Director | 2011-06-01 | 2011-11-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Circle Software Acquisition Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 202 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-09-30 | AA | accounts | accounts with accounts type full |
| 2025-06-09 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-06-09 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2025-06-09 | CH01 | officers | change person director company with change date |
| 2025-06-09 | CH01 | officers | change person director company with change date |
| 2025-06-02 | AD01 | address | change registered office address company with date old address new address |
| 2025-02-07 | AP01 | officers | appoint person director company with name date |
| 2025-02-07 | AP01 | officers | appoint person director company with name date |
| 2025-01-20 | AD01 | address | change registered office address company with date old address new address |
| 2025-01-14 | TM01 | officers | termination director company with name termination date |
| 2025-01-14 | TM01 | officers | termination director company with name termination date |
| 2024-12-18 | SH01 | capital | capital allotment shares |
| 2024-09-30 | AA | accounts | accounts with accounts type full |
| 2024-07-02 | RESOLUTIONS | resolution | resolution |
| 2024-06-28 | SH01 | capital | capital allotment shares |
| 2024-06-07 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-09-15 | AD02 | address | change sail address company with old address new address |
| 2023-07-07 | AA | accounts | accounts with accounts type full |
| 2023-06-15 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-02-28 | AP01 | officers | appoint person director company with name date |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
-2.63
DISTRESS
Altman Z″
- Working capital / Total assets -0.433 × 6.56 = -2.84
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -0.054 × 6.72 = -0.37
- Book equity / Total liabilities 0.552 × 1.05 = +0.58
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