UK Companies House feature
SYSGROUP PLC
Profile
- Company number
- 06172239
- Status
- Active
- Incorporation
- 2007-03-20
- Last accounts made up
- 2025-03-31
- Account category
- GROUP
- Primary SIC
- 62020
Accounts
Pending extraction
No iXBRL extracted yet for this company.
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- IFRS
- Reporting scope
- Consolidated (group)
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have prepared the financial statements on a going concern basis which assumes that the Group and the Company will continue to meet liabilities as they fall due. On 31 March 2025, the Group had a gross cash balance of £8.7m and a net cash position excluding deferred consideration and lease liabilities of £4.0m.”
Subsidiaries
- SysGroup Trading Limited · 100% held · England & Wales · Managed IT services
- Truststream Security Solutions Limited · 100% held · Scotland · Managed IT services
- Certus IT Limited · 100% held · England & Wales · Non-trading
- Hub Network Services Limited · 100% held · England & Wales · Non-trading
- Netplan LLC · 100% held · USA · Non-trading
- Orchard Computers Limited · 100% held · England & Wales · Dormant
- Independent Network Solutions Limited · 100% held · England & Wales · Non-trading
- Netplan Internet Solutions Limited · 100% held · England & Wales · Dormant
- Rockford IT Limited · 100% held · England & Wales · Dormant
- System Professional Limited · 100% held · England & Wales · Dormant
- SysGroup (DIS) Limited · 100% held · England & Wales · Dormant
- SysGroup Holding (No.1) Limited · 100% held · England & Wales · Holding
- Truststream Cybersecurity Limited · 100% held · England & Wales · Cybersecurity consultancy
Significant events
- “Strategic Repositioning: Transitioned from legacy hosting and resale into a consultative, full-spectrum solutions provider at the intersection of cybersecurity and AI.”
- “Enhanced Capabilities: Five integrated technology pillars now underpin SysGroup's offering, addressing the full technology lifecycle for SME customers. - Acquisition of the trade and assets of Crossword Consulting Limited ('CCL) added deep cybersecurity advisory services, expanding our reach into FTSE clients and enabling board-level engagement.”
- “Operational Restructuring: Integrated prior acquisitions, closed two offices, and consolidated duplicated functions. Completed a full data infrastructure overhaul and drove data led actions across the service desk, driving material improvements in service quality and efficiency.”
- “Cultural and Organisational Renewal: Further strengthened the Board with the appointment of Davin Cushman and refreshed the senior leadership team to align leadership capabilities with the Group's strategic direction.”
- “Financial Strengthening: Completed a successful £10.6m equity fundraise in June 2024, enabling strategic investments.”
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
7 active · 27 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PHILLIPS, Owen Rhodri | Secretary | 2026-03-24 | — | — |
| CHAE, Heejae Richard | Director | 2023-06-26 | Jan 1969 | American |
| CUSHMAN, Davin | Director | 2024-06-10 | Apr 1974 | American |
| EDWARDS, Paul | Director | 2023-09-25 | Jan 1967 | British |
| FLETCHER, Michael James | Director | 2018-01-08 | Nov 1974 | British |
| PHILLIPS, Owen Rhodri | Director | 2024-03-11 | Mar 1980 | British |
| REILLY, Mark Alexander | Director | 2023-12-12 | May 1979 | British |
Show 27 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ASPINALL, Ian | Secretary | 2009-03-23 | 2012-06-30 |
| AUDCENT, Martin Richard | Secretary | 2018-09-21 | 2023-09-22 |
| BAKER, Wendy | Secretary | 2023-09-22 | 2026-03-24 |
| DAVIS, Georgina Denise | Secretary | 2007-05-01 | 2007-08-07 |
| HOGAN, Michael Peter | Secretary | 2016-08-15 | 2016-12-01 |
| JOYCE, Julie Ann | Secretary | 2007-08-07 | 2009-03-23 |
| LLEWELLYN, Julian David | Secretary | 2017-04-19 | 2018-06-27 |
| MAUDSLEY, Clive Stewart | Secretary | 2012-06-30 | 2016-07-05 |
| MCBAIN, Stuart | Secretary | 2016-12-14 | 2017-04-19 |
| PINNELL, Kirsti | Secretary | 2018-06-27 | 2018-09-21 |
| PINNELL, Kirsti Jane | Secretary | 2016-12-01 | 2017-01-19 |
| PINNELL, Kirsti | Secretary | 2016-07-05 | 2016-08-15 |
| COBBETTS (SECRETARIAL) LIMITED | Corporate Secretary | 2007-03-20 | 2007-05-01 |
| ADULAYAVICHIT, Abbyu Hardoon | Director | 2007-05-01 | 2016-02-22 |
| AUDCENT, Martin | Director | 2018-07-16 | 2024-03-11 |
| BINKS, Adam | Director | 2017-10-31 | 2023-06-26 |
| EDELSON, John Michael | Director | 2009-03-23 | 2023-09-22 |
| EVANS, Chistopher Neil | Director | 2014-01-14 | 2017-11-30 |
| HOGAN, Michael Peter | Director | 2016-08-15 | 2016-12-01 |
| JOYCE, Julie Ann | Director | 2007-08-07 | 2016-08-15 |
| KHALASTCHY, Robert | Director | 2007-05-01 | 2018-09-21 |
| LLEWELLYN, Julian David | Director | 2017-04-06 | 2018-06-27 |
| QUARTERMAINE, Mark Richard | Director | 2017-11-07 | 2023-12-12 |
| WILLIS RICHARDS, Jonathan, Doctor | Director | 2007-05-01 | 2007-11-20 |
| YATEMAN-SMITH, Amy Louise | Director | 2016-09-21 | 2017-10-23 |
| COBBETTS (DIRECTOR) LIMITED | Corporate Director | 2007-03-20 | 2007-05-01 |
| COBBETTS (NOMINEES) LIMITED | Corporate Director | 2007-03-20 | 2007-05-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Gresham House Asset Management Ltd | Corporate entity | Shares 25–50%, Voting 25–50% | 2024-01-09 | Active |
| Mr Heejae Richard Chae | Individual | Significant influence | 2023-06-26 | Ceased 2024-03-11 |
| Mr Martin Audcent | Individual | Significant influence | 2018-07-16 | Ceased 2024-03-11 |
| Mr Adam Binks | Individual | Significant influence | 2017-10-31 | Ceased 2023-06-26 |
Filing timeline
Last 20 of 201 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-27 | CS01 | confirmation-statement | confirmation statement with updates |
| 2026-04-09 | SH04 | capital | capital sale or transfer treasury shares with date currency capital figure |
| 2026-03-24 | AP03 | officers | appoint person secretary company with name date |
| 2026-03-24 | TM02 | officers | termination secretary company with name termination date |
| 2025-09-23 | RESOLUTIONS | resolution | resolution |
| 2025-09-23 | AA | accounts | accounts with accounts type group |
| 2025-09-22 | SH04 | capital | capital sale or transfer treasury shares with date currency capital figure |
| 2025-04-28 | SH04 | capital | capital sale or transfer treasury shares with date currency capital figure |
| 2025-04-01 | RP04CS01 | confirmation-statement | second filing of confirmation statement with made up date |
| 2025-03-25 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-01-14 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2025-01-14 | PSC09 | persons-with-significant-control | withdrawal of a person with significant control statement |
| 2024-09-28 | RESOLUTIONS | resolution | resolution |
| 2024-09-28 | AA | accounts | accounts with accounts type group |
| 2024-07-24 | RESOLUTIONS | resolution | resolution |
| 2024-07-17 | SH01 | capital | capital allotment shares |
| 2024-07-03 | AP01 | officers | appoint person director company with name date |
| 2024-04-29 | PSC08 | persons-with-significant-control | notification of a person with significant control statement |
| 2024-03-27 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-03-20 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Credit score requires extracted accounts data.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory
Activity Score not yet computed for this company.