UK Companies House feature
FIFOSYS LIMITED
Cash
£669K
+136.6% vs 2024
Net assets
£3M
+155.9% vs 2024
Employees
76
+100% vs 2024
Profit before tax
—
Period ending 2025-03-31
Profile
- Company number
- 04308503
- Status
- Active
- Incorporation
- 2001-10-22
- Last accounts made up
- 2025-03-31
- Account category
- GROUP
- Primary SIC
- 62020
Net assets
6-year trend · vs UK AI & Enterprise SaaS median
Accounts
6-year trend · latest 2025-03-31
| Metric | Trend | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | — | |
| Net profit | — | — | — | — | — | — | |
| Cash | £34,540 | £211,002 | £180,302 | £439,623 | £282,983 | £669,424 | |
| Total assets less current liabilities | £1,095,702 | £1,025,635 | £959,436 | £1,090,047 | £1,307,532 | £5,318,004 | |
| Net assets | £935,552 | £794,794 | £819,776 | £1,038,749 | £1,296,813 | £3,318,004 | |
| Equity | £935,552 | £794,794 | £819,776 | £1,038,749 | £1,296,813 | £3,318,004 | |
| Average employees | 18 | 18 | 28 | 33 | 38 | 76 | |
| 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)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Akshar & Company
- Audit opinion
- Unaudited (audit-exempt)
- Going concern
- Affirmed
“prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.”
Subsidiaries
- Foration Limited · 100% held · England · IT consultancy
- Enforce Technology Limited · 100% held · England · IT consultancy
- Best IT Ltd · 100% held · England · Holding company
- Technology Means Business Limited · 100% held · England · IT Managed Services
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 · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PATEL, Nital Rajendra | Secretary | 2006-02-18 | — | British |
| PATEL, Miteshkumar Ratilal | Director | 2001-10-22 | Jul 1977 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PATEL, Miteshkumar Ratilal | Secretary | 2002-10-20 | 2006-02-18 |
| SAMRA, Parmeet Singh | Secretary | 2001-10-22 | 2002-10-20 |
| INCORPORATE SECRETARIAT LIMITED | Corporate Nominee Secretary | 2001-10-22 | 2001-10-22 |
| BANGAR, Abinash | Director | 2001-10-22 | 2006-02-01 |
| SAMRA, Parmeet Singh | Director | 2001-10-22 | 2003-01-01 |
| INCORPORATE DIRECTORS LIMITED | Corporate Nominee Director | 2001-10-22 | 2001-10-22 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Miteshkumar Ratilal Patel | Individual | Shares 50–75%, Voting 50–75%, Appoints directors | 2016-11-17 | Active |
| Mrs Nital Rajendra Patel | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2024-05-14 |
Filing timeline
Last 20 of 102 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-09-22 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-06-26 | AA | accounts | accounts with accounts type group |
| 2024-11-05 | SH01 | capital | capital allotment shares |
| 2024-09-12 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-09-10 | AA | accounts | accounts with accounts type total exemption full |
| 2024-05-22 | MA | incorporation | memorandum articles |
| 2024-05-22 | RESOLUTIONS | resolution | resolution |
| 2024-05-20 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-05-15 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-04-23 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-01-24 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-07-12 | AA | accounts | accounts with accounts type total exemption full |
| 2023-01-26 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-07-26 | AA | accounts | accounts with accounts type total exemption full |
| 2022-03-29 | AA | accounts | accounts with accounts type total exemption full |
| 2022-01-13 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-03-30 | AA | accounts | accounts with accounts type total exemption full |
| 2021-02-05 | SH06 | capital | capital cancellation shares |
| 2021-02-05 | SH03 | capital | capital return purchase own shares |
| 2021-01-12 | 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