PATSYSTEMS LIMITED

1. PATSYSTEMS LIMITED 2012-07-06 → present
2. PATSYSTEMS PLC 2003-02-14 → 2012-07-06
3. LIONSTAND PLC 2002-07-29 → 2003-02-14

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

Ernst & Young, Chartered Accountants

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Board has also considered the expected future cash flows of the Company and its subsidiaries and has satisfied itself and considers it appropriate that the Company is a going concern, having adequate resources to continue in operational existence for the foreseeable future and has not identified any material uncertainties that would cast significant doubt on the Company's ability to continue as a going concern over the period of assessment.”

Group structure

1. PATSYSTEMS LIMITED · parent
   1. Patsystems (UK) Limited 100% · United Kingdom · Provision of software support and consultancy
   2. Patsystems (NA) LLC 100% · United States · Provision of software support and consultancy
   3. ION Group Private Limited 100% · Singapore · Provision of software support and consultancy
   4. Patsystems GmbH 100% · Germany · Provision of software support and consultancy
   5. Mixit Inc. 100% · United States · Provision of software support and consultancy
   6. Mixit Technologies (Private) Limited 100% · Pakistan · Provision of software support and consultancy

Significant events

• “On 29 November 2024, Mandy Rutter resigned as a director of the Company.”
• “There have been no significant events since the Statement of Financial Position date.”
• “In 2024, the Company novated its receivable of £0.04 million from Patsystems Pty Limited, a direct subsidiary undertaking, with a capital contribution in the entity.”
• “In 2024, the Company recognised full impairment on its investment in Patsystems Pty Limited, a direct subsidiary undertaking and subsequently wrote it off as the subsidiary undertaking entered voluntary deregistration.”
• “In 2024, the Company recognised full impairment on its investment in Professional Automated Trading Systems BV. a direct subsidiary undertaking and subsequently wrote it off as the subsidiary undertaking entered voluntary liquidation.”

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

Filings

11

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  —

  Not reported

• Cash

  +379.2%

  £1,207 → £5,784

• Net assets

  +3.8%

  £26,036,878 → £27,016,019

• Employees

  —

  Not reported

• Operating profit

  +32.2%

  £740,851 → £979,141

• Profit before tax

  +32.2%

  £740,851 → £979,141

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