UK Companies House feature
DERIVATION SOFTWARE LIMITED
Cash
£367K
+146% vs 2020
Net assets
-£789K
-11.3% vs 2020
Employees
10
-16.7% vs 2020
Profit before tax
-£114K
+51.1% vs 2020
Profile
- Company number
- 03633831
- Status
- Active
- Incorporation
- 1998-09-17
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 62012
Net assets
3-year trend · vs UK AI & Enterprise SaaS median
Accounts
3-year trend · latest 2021-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Turnover | — | £530,078 | £460,498 | |
| Operating profit | — | -£226,100 | -£106,730 | |
| Profit before tax | — | -£233,902 | -£114,332 | |
| Net profit | — | -£211,819 | -£80,018 | |
| Cash | — | £149,342 | £367,351 | |
| Total assets less current liabilities | — | — | — | |
| Net assets | — | -£709,463 | -£789,481 | |
| Equity | -£497,644 | -£709,463 | -£789,481 | |
| Average employees | — | 12 | 10 | |
| Wages | — | £415,780 | £266,400 |
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
- Wenn Townsend
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“We draw attention to Note 2 to the financial statements which explains that the directors intend to liquidate the company and therefore do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly the financial statements have been prepared on a basis other than going concern as described in Note 2.”
Subsidiaries
- Derivation Software, Corp. · 100% held · United States of America · support of a software product for sale.
Significant events
- “Directors decided to wind down and close the company, with assets and liabilities to be transferred to a fellow group company. Accounts are prepared on a basis other than going concern.”
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
4 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DUSTGIR, Kashif | Secretary | 2016-04-08 | — | — |
| HOLMES, Andrew John | Secretary | 2023-06-01 | — | — |
| DUPAIS, Aldric Devrig, Gaetan | Director | 2023-06-01 | Nov 1973 | French |
| JIVA, Anvaraly | Director | 2016-04-08 | Mar 1952 | French |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HASELDINE, Marika | Secretary | 2007-12-03 | 2016-04-08 |
| PERKINS, David | Secretary | 1998-09-18 | 2007-12-03 |
| FORM 10 SECRETARIES FD LTD | Corporate Nominee Secretary | 1998-09-17 | 1998-09-17 |
| BRAY, Richard John | Director | 1999-03-04 | 2016-04-08 |
| DE VERTEUIL, Michael | Director | 2016-04-08 | 2023-05-31 |
| LENEHAN, Kevin | Director | 2008-01-31 | 2013-01-08 |
| PERKINS, David | Director | 1998-09-18 | 2016-04-08 |
| PORTER, Laurence David | Director | 2000-02-07 | 2016-04-08 |
| FORM 10 DIRECTORS FD LTD | Corporate Nominee Director | 1998-09-17 | 1998-09-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Anvaraly Jiva | Individual | Shares 50–75% | 2016-04-08 | Active |
Filing timeline
Last 20 of 113 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-12-31 | AA | accounts | accounts with accounts type full |
| 2025-09-23 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-09-30 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-08-07 | AA | accounts | accounts with accounts type full |
| 2023-09-29 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-08-10 | AA | accounts | accounts with accounts type full |
| 2023-07-24 | AP01 | officers | appoint person director company with name date |
| 2023-07-24 | TM01 | officers | termination director company with name termination date |
| 2023-07-24 | AP03 | officers | appoint person secretary company with name date |
| 2022-09-30 | AA | accounts | accounts with accounts type full |
| 2022-09-30 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-09-29 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-09-24 | AA | accounts | accounts with accounts type total exemption full |
| 2020-12-15 | AA | accounts | accounts with accounts type total exemption full |
| 2020-10-15 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2020-07-22 | AD01 | address | change registered office address company with date old address new address |
| 2019-10-18 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2019-09-24 | AA | accounts | accounts with accounts type total exemption full |
| 2018-10-10 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2018-10-09 | AA | accounts | accounts with accounts type total exemption full |
Credit score
Altman Z″ (private-firm) · reference 2021-12-31
-7.63
DISTRESS
Altman Z″
- Working capital / Total assets -0.969 × 6.56 = -6.36
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -0.117 × 6.72 = -0.78
- Book equity / Total liabilities -0.463 × 1.05 = -0.49
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