UK Companies House feature
F2X GROUP LIMITED
Cash
£742K
-88% vs 2023
Net assets
£12M
-29.9% vs 2023
Employees
137
+3.8% vs 2023
Profit before tax
—
Period ending 2024-12-31
Profile
- Company number
- 05236974
- Status
- Active
- Incorporation
- 2004-09-21
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- Primary SIC
- 62090
Net assets
8-year trend · vs UK AI & Enterprise SaaS median
Accounts
8-year trend · latest 2024-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | — | — | — | |
| Net profit | — | -£2,039,376 | -£3,955,942 | — | — | — | -£11,433,189 | -£5,151,814 | |
| Cash | — | £682,537 | £2,840,119 | £2,494,244 | £10,621,282 | — | £6,191,393 | £741,962 | |
| Total assets less current liabilities | — | — | — | — | — | — | — | — | |
| Net assets | — | £6,341,272 | £10,578,984 | £7,652,249 | £20,708,145 | — | £16,833,186 | £11,793,752 | |
| Equity | £5,880,645 | £6,341,272 | — | — | £20,708,145 | £28,179,872 | £16,833,186 | £11,793,752 | |
| Average employees | — | — | 89 | 100 | 112 | — | 132 | 137 | |
| Wages | — | — | £5,121,906 | £6,771,077 | £10,131,078 | — | £9,700,604 | £10,784,497 |
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
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Having reviewed the group's forecast cash flows, the successful completion of the post-year-end funding round and available mitigating actions, the directors have a reasonable expectation that the group has sufficient liquidity to meet its obligations as they fall due, under both the base case and downside scenarios, for a period of at least 12 months from the date of approval of these financial statements. Accordingly, the financial statements have been prepared on the going concern basis.”
Subsidiaries
- Instanda Inc. · 100% held · United States · Software re-distributor
- F2X Innovation & Technology Limited · 100% held · United Kingdom · Consulting
- Instanda Japan Corp · 100% held · Japan · Software re-distributor
Significant events
- “Subsequent to the year end, in October 2025, the group successfully completed a funding round raising £9.5m of new capital from a combination of new and existing investors. The proceeds of the funding round have strengthened the group's balance sheet and will be used to support the continued execution of the group's growth strategy, including investment in product development, sales capacity, and international expansion.”
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
5 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ANGULO, David | Director | 2022-07-26 | Dec 1969 | Spanish |
| HARDCASTLE, Timothy William | Director | 2006-07-03 | May 1964 | British |
| HILL, Derek Anthony | Director | 2006-05-20 | Nov 1962 | British |
| KOULOURIS, Georgios | Director | 2022-07-26 | Sep 1978 | British,Greek |
| MEISBERGER, Patrick | Director | 2026-02-26 | Aug 1971 | German |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HARDCASTLE, Melanie Jane | Secretary | 2006-06-26 | 2018-01-01 |
| KONRATH, Ian David Charles | Secretary | 2018-01-01 | 2022-05-16 |
| PRIOR, Elizabeth Jennifer | Secretary | 2022-05-16 | 2023-03-01 |
| RANDEREE, Ahmed | Secretary | 2023-03-01 | 2025-08-28 |
| NOMINEE SECRETARY LTD | Corporate Nominee Secretary | 2004-09-21 | 2006-06-26 |
| BAILEY, Enid | Director | 2004-09-21 | 2006-05-21 |
| BAPTISTA, Michael | Director | 2017-04-19 | 2025-11-03 |
| LOHMANN, Christopher, Dr | Director | 2025-11-03 | 2026-02-26 |
| PRIOR, Elizabeth Jennifer | Director | 2022-10-27 | 2023-03-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Tosca | Corporate entity | Shares 25–50%, Voting 25–50% | 2022-07-26 | Ceased 2023-08-07 |
| Mr Timothy William Hardcastle | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2016-04-06 | Ceased 2023-02-24 |
| Mr Derek Anthony Hill | Individual | Appoints directors | 2016-04-06 | Ceased 2022-07-26 |
Filing timeline
Last 20 of 145 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-20 | TM01 | officers | termination director company with name termination date |
| 2026-03-20 | AP01 | officers | appoint person director company with name date |
| 2025-12-22 | AD03 | address | move registers to sail company with new address |
| 2025-12-22 | AA | accounts | accounts with accounts type group |
| 2025-12-20 | AD02 | address | change sail address company with old address new address |
| 2025-11-11 | AP01 | officers | appoint person director company with name date |
| 2025-11-11 | TM01 | officers | termination director company with name termination date |
| 2025-11-07 | MA | incorporation | memorandum articles |
| 2025-11-05 | SH01 | capital | capital allotment shares |
| 2025-11-05 | RESOLUTIONS | resolution | resolution |
| 2025-10-31 | MR04 | mortgage | mortgage satisfy charge full |
| 2025-10-07 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-10-06 | AD04 | address | move registers to registered office company with new address |
| 2025-10-06 | AD02 | address | change sail address company with old address new address |
| 2025-10-02 | TM02 | officers | termination secretary company with name termination date |
| 2025-05-14 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-10-31 | AD01 | address | change registered office address company with date old address new address |
| 2024-10-08 | AA | accounts | accounts with accounts type group |
| 2024-09-26 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-11-15 | RESOLUTIONS | resolution | resolution |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory