QUARTIX LIMITED

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 101

Reporting scope

Standalone (parent only)

Auditor

PKF Littlejohn LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After assessing the forecasts and liquidity of the business, including the going concern scenarios, for the next eighteen months and the longer-term strategic plans, the Directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing consolidated financial statements.”

Group structure

1. QUARTIX LIMITED · parent
   1. Quartix SAS 99.99% · France · Vehicle tracking
   2. Konetik Deutschland GmbH 100% · Germany · Software development

Significant events

• “In April 2025, Quartix Limited served notice to terminate the lease at Sheraton House, Castle Park, Cambridge. The company has secured a new lease for alternative premises. The new lease will result in the recognition of a right-of-use asset and a corresponding lease liability, in accordance with IFRS 16. The financial impact will be recognised in the 31 December 2025 financial year.”
• “In 2025, Peter Brown & Laura Seffino resigned as Directors of the company. These events occurred after the statement of financial position date of 31 December 2024 and do not impact the financial position of the company as at the statement of financial position date.”
• “The company acquired 100% of the share capital in Konetik in September 2023 for up to €3.9m. Having exhausted all other options including returning the business to its former owners at nil cost, the Board decided to liquidate Konetik and its Hungarian branch. Steps were taken in January 2024 to begin the process of liquidation which included terminating all customer agreements, employment agreements and third party service provider contracts. It is anticipated that the final closure of Konetik will complete in November 2025.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -14.6%

  £27,388,000 → £23,384,000

• Cash

  -3.9%

  £2,030,000 → £1,951,000

• Net assets

  +2.9%

  £5,725,000 → £5,891,000

• Employees

  -20.2%

  178 → 142

• Operating profit

  +595.5%

  -£1,178,000 → £5,837,000

• Profit before tax

  +596.9%

  -£1,147,000 → £5,699,000

• Wages

  -16.3%

  £6,917,000 → £5,789,000

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