UK Companies House feature
TECHBUYER LIMITED
Cash
£609K
-28.8% vs 2023
Net assets
£12M
+13.4% vs 2023
Employees
177
-5.9% vs 2023
Profit before tax
£2M
+63.9% vs 2023
Profile
- Company number
- 05437347
- Status
- Active
- Incorporation
- 2005-04-27
- Last accounts made up
- 2024-09-30
- Account category
- FULL
- Primary SIC
- 62090
Net assets
4-year trend · vs UK AI & Enterprise SaaS median
Accounts
4-year trend · latest 2024-09-30
| Metric | Trend | 2022-09-30 | 2022-10-01 | 2023-09-30 | 2024-09-30 |
|---|---|---|---|---|---|
| Turnover | £55,217,448 | — | £46,567,703 | £42,993,662 | |
| Operating profit | £1,221,605 | — | £1,202,505 | £1,965,878 | |
| Profit before tax | £1,185,809 | — | £1,175,200 | £1,925,784 | |
| Net profit | — | — | £1,118,925 | £1,389,624 | |
| Cash | £441,386 | — | £855,384 | £609,386 | |
| Total assets less current liabilities | £10,920,303 | — | £10,411,912 | £11,861,819 | |
| Net assets | £10,895,277 | — | £10,368,221 | £11,757,845 | |
| Equity | £10,895,277 | £10,449,296 | £10,368,221 | £11,757,845 | |
| Average employees | 197 | — | 188 | 177 | |
| Wages | £7,527,472 | — | £8,170,599 | £6,906,150 |
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
- Standalone (parent only)
- Auditor
- Armstrong Watson Audit Limited
- 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 Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Subsidiaries
- Techbuyer Holdings Canada Limited
- Frank Ascendancy Limited
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 · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HECKELS, Paul John | Director | 2021-09-20 | Apr 1972 | English |
| KIDD, Joshua | Director | 2022-10-11 | May 1990 | British |
| REID, Thomas | Director | 2022-10-11 | Dec 1988 | British |
| RICE, Daniel | Director | 2022-10-11 | Dec 1987 | British |
| SEXTON, Steven | Director | 2022-10-11 | Jan 1971 | British |
| SHORROCK, Emily | Director | 2022-10-11 | Apr 1978 | British |
| TOWERS, Anna | Director | 2022-11-03 | Oct 1977 | British |
| TOWERS, Kevin Kendal | Director | 2005-04-27 | Jan 1975 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FORSTER, Andrew Geoffrey | Secretary | 2017-10-18 | 2021-09-21 |
| TOWERS, Anna | Secretary | 2008-09-01 | 2017-10-18 |
| TOWERS, Christopher Daniel | Secretary | 2005-04-27 | 2008-08-31 |
| TOWERS, Kevin Kendal | Secretary | 2005-04-27 | 2005-04-27 |
| BRIGHTON SECRETARY LTD | Corporate Nominee Secretary | 2005-04-27 | 2005-04-27 |
| FORSTER, Andrew Geoffrey | Director | 2019-08-26 | 2021-09-21 |
| KENNY, Richard Carlton Ross | Director | 2022-10-11 | 2023-10-31 |
| PAYNE, Michael | Director | 2019-08-26 | 2023-02-01 |
| PHILLIPS, Tim Andrew | Director | 2005-04-27 | 2006-05-31 |
| BRIGHTON DIRECTOR LTD | Corporate Nominee Director | 2005-04-27 | 2005-04-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Techbuyer Group Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-09-30 | Active |
| Mr Kevin Kendal Towers | Individual | Shares 75–100% | 2016-04-06 | Ceased 2016-09-30 |
Filing timeline
Last 20 of 109 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-27 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-06-30 | AA | accounts | accounts with accounts type full |
| 2025-04-28 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-09-27 | AA | accounts | accounts with accounts type full |
| 2024-09-18 | AA01 | accounts | change account reference date company previous extended |
| 2024-07-19 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-07-19 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2024-06-20 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2024-06-19 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-06-19 | CH01 | officers | change person director company with change date |
| 2024-06-19 | CH01 | officers | change person director company with change date |
| 2024-06-19 | CH01 | officers | change person director company with change date |
| 2024-06-18 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2024-01-22 | AA | accounts | accounts with accounts type full |
| 2023-12-19 | TM01 | officers | termination director company with name termination date |
| 2023-09-21 | AA01 | accounts | change account reference date company previous shortened |
| 2023-05-04 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-03-27 | RP04TM01 | officers | second filing of director termination with name |
| 2023-02-03 | TM01 | officers | termination director company with name termination date |
| 2022-12-14 | AA | accounts | accounts with accounts type full |
Credit score
Altman Z″ (private-firm) · reference 2024-09-30
6.99
SAFE
Altman Z″
- Working capital / Total assets 0.627 × 6.56 = +4.12
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.112 × 6.72 = +0.75
- Book equity / Total liabilities 2.019 × 1.05 = +2.12
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory