DIFFUSIONDATA LIMITED

• ◆

  6 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. DIFFUSIONDATA LIMITED 2022-09-27 → present
2. PUSH TECHNOLOGY LIMITED 2008-01-17 → 2022-09-27
3. CIED LTD 2006-12-20 → 2008-01-17

Latest accounts filed cover 2024-12-31; financial figures currently reflect up to 2020-12-31.

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

Accounting basis

FRS 102 §1A

Reporting scope

Consolidated group

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Moore Kingston Smith LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The accounts have been prepared on a going concern basis. The Group's forecast and projections show that the Group will be able to operate within the level of its current financial means, for at least twelve months from the signing of these financial statements. The Directors have a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future. Therefore, the Group continues to adopt the going concern basis in preparing the financial statements. In preparing the financial statements, the directors have considered the appropriateness of the going concern basis of accounting. The financial statements show that the group made a loss in the year of £1,536,971, had net current liabilities of £1,977,399 and net liabilities of £2,071,172. The company made a loss of £1,776,703, had net current liabilities of £1,605,183 and net liabilities of £1,699,545 at the reporting date. The directors have prepared group budgets, using prudent estimates for revenue and our cost base. The budgets highlight that continued financial support from the parent is required to enable the group and company to pay their debts as they become due. The groups parent, Topicus.com Coöperatief U.A. has provided a letter of support confirming that they intend to provide financial support for at least one year from the date of approval of these financial statements. Accordingly, the directors continue to adopt the going concern basis in preparing these financial statements.”

Group structure

1. DIFFUSIONDATA LIMITED · parent
   1. Diffusion Data Inc. 100% · United States of America
   2. Push Technology Ltd 100% · England & Wales

Significant events

• “Following the balance sheet date, from 24 February 2025 to 24 March 2025, 1,492,998 ordinary F shares of £0.0001 each were issued at a premium of £0.643 per share.”
• “On 4th March 2026, the whole of the company's issued share capital was acquired by Total Specific Solutions (TSS) B.V.”
• “Under the terms of the sale, the share options granted and present in the 2024 financial statements no longer carry any economic value in 2026 and will not vest or result in any settlement.”

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

Filings

13

last 12 months

Capital events

2

last 24 months

Officers appointed

2

last 12 months

Officers resigned

6

last 12 months

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

• Turnover

  —

  Not reported

• Cash

  +2,667.8%

  £87,347 → £2,417,579

• Net assets

  +126.8%

  -£6,129,390 → £1,639,945

• Employees

  +30.4%

  23 → 30

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers