FINANCIAL OBJECTS (UK) LIMITED

• ⚠

  Material uncertainty over going concern

  As at 31 December 2024, the Company had net liabilities. The Financial Statements are prepared on the going concern basis because of (a) the positive outlook of the ability of the Group to generate positive cash flows, (b) no provisions for future dissolution of the entity nor any impairment of current and long term assets has been recognised in these Financial Statements, and (c) the Directors of Temenos AG have provided a letter confirming support from Temenos AG covering at least 12 months following the signing of these Financial Statements.

1. FINANCIAL OBJECTS (UK) LIMITED 1997-01-10 → present
2. FINANCIAL OBJECTS LIMITED 1995-10-17 → 1997-01-10
3. CYBERNET TECHNOLOGY LIMITED 1995-03-02 → 1995-10-17

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

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“As at 31 December 2024, the Company had net liabilities. The Financial Statements are prepared on the going concern basis because of (a) the positive outlook of the ability of the Group to generate positive cash flows, (b) no provisions for future dissolution of the entity nor any impairment of current and long term assets has been recognised in these Financial Statements, and (c) the Directors of Temenos AG have provided a letter confirming support from Temenos AG covering at least 12 months following the signing of these Financial Statements.”

Significant events

• “On 6 February 2025, the Group announced it had signed an agreement to sell Multifonds, its fund administration software business, to Montagu Private Equity, a leading European private equity firm, for a total enterprise value of about USD 400 million inclusive of an earnout. The transaction completed on 31 May 2025.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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

  -55.9%

  £59,000 → £26,000

• Cash

  0%

  £2,000 → £2,000

• Net assets

  -66.7%

  -£4,310,000 → -£7,186,000

• Employees

  —

  Not reported

• Operating profit

  -7,654.5%

  £33,000 → -£2,493,000

• Profit before tax

  -804.4%

  -£318,000 → -£2,876,000

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