UK Companies House feature
SOFTWIRE TECHNOLOGY LIMITED
Cash
£3M
-17.7% vs 2023
Net assets
£3M
+3.9% vs 2023
Employees
328
+8.6% vs 2023
Profit before tax
—
Period ending 2024-12-31
Profile
- Company number
- 03824658
- Status
- Active
- Incorporation
- 1999-08-13
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- Primary SIC
- 62012
Net assets
6-year trend · vs UK AI & Enterprise SaaS median
Accounts
6-year trend · latest 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | — | |
| Net profit | £1,590,437 | £5,344,641 | — | £2,098,480 | £2,296,713 | £1,879,525 | |
| Cash | £4,657,869 | £8,992,681 | £5,449,041 | £3,606,494 | £4,146,082 | £3,410,488 | |
| Total assets less current liabilities | £4,872,085 | — | — | — | £3,508,522 | £3,576,883 | |
| Net assets | £4,796,649 | £7,764,290 | £3,817,628 | £3,646,108 | £3,342,821 | £3,472,346 | |
| Equity | — | — | — | — | £3,461,016 | £3,853,781 | |
| Average employees | — | — | — | — | 302 | 328 | |
| Wages | — | — | — | — | £19,930,668 | £21,786,260 |
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
- Consolidated (group)
- Auditor
- Taylor Associates
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern.”
Subsidiaries
- Softwire Romania SRL · 100% held · Romania
Significant events
- “The group has budgeted to offset all carbon emissions it was responsible for during 2024 (including allowances for upstream and downstream emissions) as part of its ongoing Net Zero strategy, focussing on high-quality carbon capture schemes to maximise impact. In total, in 2024 the Softwire group (and its employees via the aforesaid scheme) spent £177,268 on high-quality carbon capture.”
- “During the year the group made charitable donations in a total amount of around £41,625, and additionally provided paid employee volunteering days for charitable purposes at a cost of £226,901. The company also delivered pro bono work with an equivalent cost of £182,000.”
- “2024 saw Softwire continuing to thrive despite poor market conditions, strengthen our brand and capabilities, and invest in expanding our AI and data-driven services and in service offerings for new market verticals.”
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
8 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SHAVICK, Daniel Max | Secretary | 1999-08-13 | — | British |
| CUNNINGHAM, Zoe Frances | Director | 2012-11-22 | Apr 1979 | British |
| KENNY, Peter | Director | 1999-08-13 | Oct 1968 | British |
| MARSDEN, Philip Alexander | Director | 1999-08-13 | Jul 1968 | British |
| SHAVICK, Daniel Max | Director | 1999-08-13 | Jul 1970 | British |
| SMART, Paul Andrew | Director | 2016-01-01 | Dec 1972 | British |
| STEER, Thomas Keith | Director | 2012-11-22 | Nov 1975 | British |
| THOMAS, Andrew Ian | Director | 2012-11-22 | Apr 1980 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1999-08-13 | 1999-08-13 |
| RICHARDS, Matthew William | Director | 2012-11-22 | 2018-09-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Withani Limited | Corporate entity | Shares 75–100% | 2020-03-05 | Active |
| Mr Peter Kenny | Individual | Shares 25–50% | 2016-08-13 | Ceased 2020-03-05 |
| Mr Philip Alexander Marsden | Individual | Shares 25–50% | 2016-08-13 | Ceased 2020-03-05 |
| Mr Daniel Max Shavick | Individual | Shares 25–50% | 2016-08-13 | Ceased 2020-03-05 |
Filing timeline
Last 20 of 116 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-09-16 | AA | accounts | accounts with accounts type group |
| 2025-09-01 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-08-22 | CH01 | officers | change person director company with change date |
| 2024-10-01 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-09-18 | AA | accounts | accounts with accounts type group |
| 2024-09-11 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-09-02 | CH01 | officers | change person director company with change date |
| 2023-08-22 | CH01 | officers | change person director company with change date |
| 2023-08-22 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-08-08 | AA | accounts | accounts with accounts type group |
| 2022-09-12 | CH01 | officers | change person director company with change date |
| 2022-09-12 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-09-12 | CH01 | officers | change person director company with change date |
| 2022-08-22 | AA | accounts | accounts with accounts type group |
| 2021-09-21 | AA | accounts | accounts with accounts type group |
| 2021-08-27 | CS01 | confirmation-statement | confirmation statement with updates |
| 2021-08-27 | CH01 | officers | change person director company with change date |
| 2021-08-27 | CH01 | officers | change person director company with change date |
| 2021-08-27 | CH01 | officers | change person director company with change date |
| 2021-08-27 | CH01 | officers | change person director company with change date |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory