UK Companies House feature
RELAYWARE LTD
Cash
£124K
+100% vs 2023
Net assets
-£8M
-7% vs 2023
Employees
23
-20.7% vs 2023
Profit before tax
-£771K
+59.4% vs 2023
Profile
- Company number
- 03330923
- Status
- Active
- Incorporation
- 1997-03-10
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 62020
Net assets
3-year trend · vs UK AI & Enterprise SaaS median
Accounts
3-year trend · latest 2024-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Turnover | £985,411 | £1,167,058 | £967,472 | |
| Operating profit | -£1,553,924 | -£1,900,934 | -£771,449 | |
| Profit before tax | -£1,583,924 | -£1,901,080 | -£771,449 | |
| Net profit | — | — | — | |
| Cash | £249,273 | £61,970 | £123,931 | |
| Total assets less current liabilities | -£4,643,653 | -£7,044,733 | -£7,539,696 | |
| Net assets | -£5,143,653 | -£7,044,733 | -£7,539,696 | |
| Equity | -£5,143,653 | -£7,044,733 | -£7,539,696 | |
| Average employees | 31 | 29 | 23 | |
| 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
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Forvis Mazars
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis. The Company made a net loss of £771,449 for the year ended 31 December 2024 (2023: £1,901,080). As at that date, the net liabilities position of the Company amounted to £7,539,696 (2023: £7,044,733). The net liabilities position is largely driven by the net amount owed to the related parties of £7,245,422 (2023: £6,482,417). The related parties have agreed to defer the commencement of principal repayments until such time that the Company reaches commercial profitability. The Company remains assured of the financial support by the parent company. The Directors have received confirmation that the parent company will continue to support the Company and provide it with adequate funds when necessary to enable it to meet its debts as they fall due for a period of at least twelve months from the date of approval of these financial statements. On this basis, the Directors consider it appropriate to prepare the financial statements on a going concern basis.”
Subsidiaries
- Relayware Inc · 100% held · USA
Significant events
- “There have been no significant events affecting the Company since the year end.”
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
2 active · 26 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KNOFLACH, Georg | Director | 2025-10-02 | Dec 1984 | Austrian |
| KUGLER, Michael Alexander | Director | 2026-01-15 | Jun 1976 | German |
Show 26 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DRUMMOND, Andrew Stewart | Secretary | 2020-07-30 | 2023-07-18 |
| FLEISSNER, Jennifer Marie | Secretary | 2016-09-26 | 2020-07-30 |
| FREEMAN, Philip William | Secretary | 1998-01-20 | 2000-03-29 |
| LANGTON, Stephen | Secretary | 2010-06-25 | 2014-06-23 |
| VON BENECKE, John Paul | Secretary | 2014-06-24 | 2016-09-26 |
| WALLACE JONES, Helen Louise Maxwell | Secretary | 2000-12-06 | 2010-06-25 |
| WALLACE-JONES, Simon | Secretary | 1997-03-10 | 1998-01-07 |
| L & A SECRETARIAL LIMITED | Corporate Nominee Secretary | 1997-03-10 | 1997-03-10 |
| ANTON, Richard Philip | Director | 2016-05-11 | 2017-08-18 |
| BENNET, Julian Charles Lucas | Director | 2023-01-31 | 2024-12-03 |
| BRENNAN, Paul | Director | 2014-10-01 | 2017-08-18 |
| BRUNWIN, Veronica Ann | Director | 2010-06-25 | 2017-08-18 |
| CLARIDGE, Gawain Charles | Director | 2023-07-18 | 2026-01-15 |
| FREEMAN, Philip William | Director | 1998-01-20 | 2000-03-29 |
| GIGOV, Emil Slavchev | Director | 2013-09-24 | 2017-08-18 |
| KAGAN, Paul | Director | 2024-06-20 | 2025-09-30 |
| KULA, Jennifer | Director | 2011-03-09 | 2017-08-18 |
| MANN, Robert Fraser | Director | 2017-09-06 | 2023-01-31 |
| MANN, Robert Fraser | Director | 2001-07-05 | 2017-08-18 |
| MORGAN, Michael John | Director | 2005-11-24 | 2014-10-24 |
| RAPKIN, Gordon Owen | Director | 2016-09-26 | 2023-01-31 |
| ROMLEY, Kenneth Michael | Director | 2017-08-18 | 2017-09-06 |
| SAFAII, Matthew | Director | 2017-12-19 | 2023-01-31 |
| WALLACE JONES, Helen Louise Maxwell | Director | 1997-03-10 | 2010-06-25 |
| WALLACE-JONES, Simon | Director | 1997-03-10 | 2010-06-25 |
| L & A REGISTRARS LIMITED | Corporate Nominee Director | 1997-03-10 | 1997-03-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Amadeus General Partner Limited | Corporate entity | ownership-of-shares-25-to-50-percent-as-firm, voting-rights-25-to-50-percent-as-firm | 2016-05-11 | Ceased 2017-08-18 |
Filing timeline
Last 20 of 194 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-01-21 | AP01 | officers | appoint person director company with name date |
| 2026-01-16 | TM01 | officers | termination director company with name termination date |
| 2026-01-15 | AA | accounts | accounts with accounts type full |
| 2025-10-03 | CH01 | officers | change person director company with change date |
| 2025-10-02 | AP01 | officers | appoint person director company with name date |
| 2025-10-02 | TM01 | officers | termination director company with name termination date |
| 2025-06-25 | AA | accounts | accounts with accounts type full |
| 2025-05-09 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-02-10 | TM01 | officers | termination director company with name termination date |
| 2024-10-23 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-10-23 | DISS40 | gazette | gazette filings brought up to date |
| 2024-10-22 | GAZ1 | gazette | gazette notice compulsory |
| 2024-08-15 | AA | accounts | accounts with accounts type group |
| 2024-07-11 | AP01 | officers | appoint person director company with name date |
| 2023-08-15 | AP01 | officers | appoint person director company with name date |
| 2023-08-15 | TM02 | officers | termination secretary company with name termination date |
| 2023-05-04 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-02-17 | MR04 | mortgage | mortgage satisfy charge full |
| 2023-02-03 | AP01 | officers | appoint person director company with name date |
| 2023-02-03 | TM01 | officers | termination director company with name termination date |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
-2.78
DISTRESS
Altman Z″
- Working capital / Total assets -0.346 × 6.56 = -2.27
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -0.035 × 6.72 = -0.24
- Book equity / Total liabilities -0.257 × 1.05 = -0.27
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