UK Companies House feature
STORMAGIC LIMITED
Cash
£630K
-21.5% vs 2024
Net assets
-£3M
-22.1% vs 2024
Employees
47
+6.8% vs 2024
Profit before tax
—
Period ending 2025-03-31
Profile
- Company number
- 05706971
- Status
- Active
- Incorporation
- 2006-02-13
- Last accounts made up
- 2025-03-31
- Account category
- GROUP
- Primary SIC
- 62012
Net assets
2-year trend · vs UK AI & Enterprise SaaS median
Accounts
2-year trend · latest 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | — | — | |
| Profit before tax | — | — | |
| Net profit | -£956,629 | -£689,668 | |
| Cash | £802,263 | £630,118 | |
| Total assets less current liabilities | -£746,875 | £1,247,935 | |
| Net assets | -£2,340,242 | -£2,858,381 | |
| Equity | -£2,340,242 | -£2,858,381 | |
| Average employees | 44 | 47 | |
| Wages | £2,826,121 | £3,454,480 |
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
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors believe that the business has sufficient prospect of trade and cash reserves to continue to trade for a period of no less than twelve months from the approval of these accounts. Given the position of the group at the year end and since then, together with the group's business plans, the directors have prepared these accounts on a going concern basis, and are satisfied that the group will be able to meet its cash out-flows as they fall due for a period of no less that 12 months from approval of these financial statements. 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 group's and parent 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
- StorMagic Inc · 100% held · USA · Master distributor of hyperconverged storage software and services
- StorMagic Canada Inc · 100% held · Canada · Provider of management and development services
Significant events
- “During the year to 31 March 2025, the Group intentionally invested in long term growth initiatives to capture future market opportunities. These were created in part by market disruption following Broadcom's acquisition of VMware in November 2023.”
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 · 18 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ODDING, Maarten | Secretary | 2022-09-22 | — | — |
| BEER, Danial | Director | 2021-06-24 | Sep 1970 | Canadian |
| DUCKWORTH, Sally Louise | Director | 2006-10-22 | Jun 1968 | British |
| HALLMEN, David | Director | 2026-01-12 | Dec 1961 | American |
| O'SULLIVAN, Hans | Director | 2022-02-04 | Jul 1958 | Irish |
| ODDING, Maarten | Director | 2025-04-01 | Dec 1984 | Dutch |
| ODLE, Susan | Director | 2025-04-01 | Jun 1971 | Canadian |
| THOMSON, Else Herforth | Director | 2020-04-15 | Jan 1969 | British |
Show 18 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DAVIES, Ian Gerard | Secretary | 2020-04-15 | 2021-04-06 |
| FARRELL, Nigel | Secretary | 2006-02-17 | 2015-04-02 |
| MOORE, Deborah Claire | Secretary | 2015-04-03 | 2020-01-10 |
| BRISTOL LEGAL SERVICES LIMITED | Corporate Secretary | 2006-02-13 | 2006-03-17 |
| BALDOCK, Geoffrey Martin | Director | 2021-05-27 | 2022-07-21 |
| DURKIN, Matthew James | Director | 2014-07-29 | 2015-02-13 |
| FAREY, Christopher John | Director | 2006-02-17 | 2020-01-01 |
| GLENDENNING, John Richard | Director | 2015-02-18 | 2019-04-30 |
| GRAINGER, Brian | Director | 2019-01-02 | 2025-03-31 |
| HUDSON-SEARLE, Geoff Michael | Director | 2020-04-15 | 2024-08-30 |
| JOBBINS, Amanda Catherine St Levens | Director | 2014-07-29 | 2016-02-18 |
| MACMILLAN, Jeffrey Earl | Director | 2020-03-17 | 2021-05-13 |
| MCARTHUR, John Timothy | Director | 2008-02-25 | 2016-10-31 |
| MONSHAW, Andrew | Director | 2018-05-24 | 2024-08-30 |
| O SULLIVAN, Hans | Director | 2006-02-17 | 2020-03-27 |
| STOLZ, Michael John | Director | 2007-08-02 | 2014-08-15 |
| THOMSON, Darren Craig | Director | 2020-09-01 | 2024-08-30 |
| BOURSE NOMINEES LIMITED | Corporate Director | 2006-02-13 | 2006-03-17 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 219 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-27 | AP01 | officers | appoint person director company with name date |
| 2025-12-09 | AA | accounts | accounts with accounts type group |
| 2025-08-06 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-04-08 | AP01 | officers | appoint person director company with name date |
| 2025-04-08 | AP01 | officers | appoint person director company with name date |
| 2025-04-08 | TM01 | officers | termination director company with name termination date |
| 2025-01-20 | MA | incorporation | memorandum articles |
| 2025-01-20 | RESOLUTIONS | resolution | resolution |
| 2024-10-12 | AA | accounts | accounts with accounts type group |
| 2024-09-09 | TM01 | officers | termination director company with name termination date |
| 2024-09-02 | TM01 | officers | termination director company with name termination date |
| 2024-09-02 | TM01 | officers | termination director company with name termination date |
| 2024-08-05 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-07-03 | RESOLUTIONS | resolution | resolution |
| 2024-07-01 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-07-01 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-06-28 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-06-12 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-01-08 | SH01 | capital | capital allotment shares |
| 2024-01-03 | AA | accounts | accounts with accounts type group |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory