UK Companies House feature
SIFT LIMITED
Cash
£79K
+6,407.5% vs 2023
Net assets
-£1M
-13% vs 2023
Employees
42
-33.3% vs 2023
Profit before tax
—
Period ending 2024-12-31
Profile
- Company number
- 03230061
- Status
- Active
- Incorporation
- 1996-07-26
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- Primary SIC
- 62090
Net assets
9-year trend · vs UK AI & Enterprise SaaS median
Accounts
9-year trend · latest 2024-12-31
| Metric | Trend | 2019-01-01 | 2019-12-31 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | — | — | — | — | |
| Net profit | — | £366,172 | -£516,412 | — | -£556,706 | — | -£634,269 | -£758,015 | -£167,234 | |
| Cash | — | £41,801 | £523,744 | — | £879,416 | — | £372,330 | £1,221 | £79,456 | |
| Total assets less current liabilities | — | £1,857,253 | £1,337,870 | — | £408,856 | — | -£233,615 | -£850,166 | -£976,670 | |
| Net assets | — | £1,291,246 | £774,884 | — | £218,178 | — | -£523,620 | -£1,281,635 | -£1,448,869 | |
| Equity | £925,074 | £1,291,246 | £774,884 | £774,884 | £218,178 | £110,649 | -£523,620 | -£1,281,635 | -£1,448,869 | |
| Average employees | — | 63 | 60 | — | 66 | — | 76 | 63 | 42 | |
| Wages | — | — | — | — | — | — | — | — | — |
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 §1A
- Reporting scope
- Consolidated (group)
- Auditor
- Bishop Fleming Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“Notwithstanding that during the year ended 31 December 2024, the group incurred a net loss of £475,446 and as at the year end date, the group's current liabilities exceeded its current assets by £984,805 and the company's net current liabilities exceeded its current assets by £1,737,802, the financial statements have been prepared on the going concern basis which the directors believe to be appropriate for the following reasons: ... Based on the above, the directors believe that it remains appropriate to prepare the financial statements on a going concern basis. However, the above matters represent a material uncertainty that may cast a significant doubt on the company's ability to continue as a going concern and therefore to continue to realise its assets and discharge its liabilities in the normal course of business. The financial statements do not include any adjustments that would result from the basis of preparation being inappropriate.”
Subsidiaries
- Sift Media Limited · 1% held · Online publishing
- PracticeWEB Limited · 1% held · Dormant
- UK Directories Limited · 1% held · Dormant
- Sift Media (US) · 1% held · Online publishing
- Sift (Business) Limited · 1% held · Online publishing
- AccountingWEB Limited · 1% held · Dormant
Significant events
- “At the end of 2023 Sift divested three non-core brands, with a consequent loss of revenue in 2024.”
- “Following the divestments the company hived up Sift Media Limited and Sift (Business) Limited to Sift Limited, and undertook an assessment of all outstanding goodwill, which resulted in a one-off impairment charge. There were also some exceptional costs in 2024 related to the restructuring of the business.”
- “In March 2024 our flagship Finance, Accounting and Bookkeeping event (FAB) moved to its new home at the NEC, introducing an innovative new format and experience for both vendors and visitors alike.”
- “The trading activities of Sift Media Limited and Sift (Business) Limited were hived up to Sift Limited on 1 January 2024. Following this group re-organisation and the strategic reset on the group, the directors determined that the above goodwill should be impaired in full.”
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 · 28 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DUNKERLEY, Thomas William | Director | 2015-11-27 | Sep 1975 | British |
| EVANS, Andrew | Director | 2023-07-01 | Mar 1965 | British |
| FARISH, Stephen Graham | Director | 2016-07-05 | Dec 1961 | British |
| HEALD, Ben | Director | 1996-09-12 | Nov 1961 | British |
| WHITE, Louise | Director | 2023-12-01 | May 1975 | British |
Show 28 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HEALD, Ben | Secretary | 1997-03-24 | 2006-03-27 |
| MASSIE, Graham John | Secretary | 1996-09-12 | 1997-03-24 |
| PRISCOTT, Steven | Secretary | 2006-03-27 | 2018-05-18 |
| COSEC LIMITED | Corporate Nominee Secretary | 1996-07-26 | 1996-07-26 |
| BALDRIAN, Andrew | Director | 2005-07-19 | 2006-11-28 |
| BELL, Michael Godfrey | Director | 2000-05-15 | 2001-09-20 |
| EAGLESTONE, Adrian Alexis | Director | 2001-01-02 | 2004-07-06 |
| FLAYE, Richard Michael | Director | 2001-09-20 | 2004-05-30 |
| FRASER-ALLEN, William Thomas | Director | 2011-07-06 | 2018-10-09 |
| GILROY, David Charles | Director | 1997-05-08 | 2000-12-19 |
| GRAY, Andrew Hamilton | Director | 1996-09-12 | 2005-01-31 |
| GRAY, Huon Hamilton, Professor | Director | 1997-05-08 | 1999-12-17 |
| HIBBERT, Guy Thomas Andrew | Director | 1999-12-17 | 2002-09-20 |
| HODGKINSON, David | Director | 1998-01-16 | 2000-03-13 |
| HOWARTH, Alan Miles | Director | 2008-04-18 | 2010-04-28 |
| JACKSON, Michael Edward Wilson | Director | 2000-11-24 | 2001-09-20 |
| MILNE, Jeremy Bruce | Director | 1999-11-04 | 2002-05-21 |
| PASSMORE, Walter William | Director | 2002-05-21 | 2008-04-17 |
| PHIPPEN, Peter Sangster | Director | 2012-03-30 | 2015-11-27 |
| PRISCOTT, Steven | Director | 2008-01-31 | 2018-05-18 |
| RITBLAT, Nicholas Simon Jonathan | Director | 2000-05-25 | 2001-09-20 |
| TERRY, Barnaby Bruce Landen | Director | 2001-09-20 | 2012-01-23 |
| TERRY, Barnaby Bruce Landen | Director | 1999-11-04 | 2000-11-24 |
| TRIM, Helen Maria | Director | 2004-07-06 | 2008-01-31 |
| VINT, Hugo | Director | 2004-07-06 | 2006-10-02 |
| CODIR LIMITED | Corporate Nominee Director | 1996-07-26 | 1996-07-26 |
| COSEC LIMITED | Corporate Nominee Director | 1996-07-26 | 1996-07-26 |
| NEWMEDIA SPARK DIRECTORS LIMITED | Corporate Director | 2009-06-17 | 2011-07-06 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Albion Technology & General Vct Plc | Corporate entity | Shares 25–50%, Voting 25–50% | 2025-07-10 | Active |
| Albion Kay Vct Plc | Corporate entity | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2025-07-10 |
| Albion Capital Group Llp | Corporate entity | Significant influence | 2016-04-06 | Active |
| Mr Ben Heald | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 285 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-18 | MA | incorporation | memorandum articles |
| 2026-03-18 | RESOLUTIONS | resolution | resolution |
| 2026-03-17 | SH08 | capital | capital name of class of shares |
| 2025-09-30 | AA | accounts | accounts with accounts type group |
| 2025-08-21 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-07-11 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2025-07-11 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2025-05-08 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2024-12-19 | AA | accounts | accounts with accounts type group |
| 2024-08-21 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-12-20 | AA | accounts | accounts with accounts type group |
| 2023-12-19 | AP01 | officers | appoint person director company with name date |
| 2023-12-19 | AP01 | officers | appoint person director company with name date |
| 2023-08-21 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-07-27 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2023-07-27 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2023-07-27 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2023-07-27 | CH01 | officers | change person director company with change date |
| 2022-10-07 | AA | accounts | accounts with accounts type small |
| 2022-08-22 | CS01 | confirmation-statement | confirmation statement with updates |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory