UK Companies House feature
BINARY IS LIMITED
Cash
£75K
-34% vs 2023
Net assets
-£272K
+4.1% vs 2023
Employees
18
0% vs 2023
Profit before tax
—
Period ending 2024-12-31
Profile
- Company number
- 06305962
- Status
- Active
- Incorporation
- 2007-07-09
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- Primary SIC
- 62020
Net assets
7-year trend · vs UK AI & Enterprise SaaS median
Accounts
7-year trend · latest 2024-12-31
| Metric | Trend | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | — | — | |
| Net profit | — | £703,977 | — | -£321,731 | — | -£18,475 | £543,739 | |
| Cash | — | £107,561 | — | £249,059 | — | £113,145 | £74,651 | |
| Total assets less current liabilities | — | £770,892 | — | -£40,839 | — | £13,914 | -£18,674 | |
| Net assets | — | £726,829 | — | -£74,902 | — | -£283,377 | -£271,638 | |
| Equity | £302,852 | £726,829 | £726,829 | -£74,902 | -£74,902 | -£283,377 | -£271,638 | |
| Average employees | — | 12 | — | 17 | — | 18 | 18 | |
| Wages | — | — | — | — | — | — | — |
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 §1A
- Reporting scope
- Consolidated (group)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- AAB Audit & Accountancy Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have considered all factors, including the wider economy, as part of their assessment of going concern. Although the current economic climate creates both cashflow and profitability risks for the Group, the directors believe that they have sufficient resources to enable trading to continue for a period of at least one year from the date of approval”
Subsidiaries
- Axponential (Ireland) Ltd · 100% held · Ireland
- Axponential Inc. · 100% held · Illinois, USA
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
4 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LINN, Howard Simeon | Secretary | 2023-07-01 | — | — |
| BIRCH, Andrew Richard | Director | 2013-06-01 | Jan 1983 | British |
| FERGUSSON, Matthew Jon | Director | 2017-10-27 | Jul 1980 | British |
| TOWNSON, Joshua Mark | Director | 2007-07-09 | Jan 1982 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| TOWNSON, Bethany Sarah Frances | Secretary | 2008-02-10 | 2023-07-01 |
| TOWNSON, Joshua Mark | Secretary | 2007-07-09 | 2008-02-10 |
| BIRCH, Andrew Richard | Director | 2007-07-09 | 2008-01-10 |
| BOWN, David John | Director | 2007-07-09 | 2008-01-10 |
| TOWNSON, Bethany Sarah Frances | Director | 2008-01-10 | 2008-02-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Joshua Mark Townson | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2016-04-06 | Active |
| Mr Andrew Richard Birch | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 62 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-09-30 | AA | accounts | accounts with accounts type group |
| 2025-07-14 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-09-30 | AD01 | address | change registered office address company with date old address new address |
| 2024-09-30 | AA | accounts | accounts with accounts type group |
| 2024-09-25 | AD01 | address | change registered office address company with date old address new address |
| 2024-07-15 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-09-29 | AA | accounts | accounts with accounts type group |
| 2023-07-19 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-07-13 | TM02 | officers | termination secretary company with name termination date |
| 2023-07-13 | AP03 | officers | appoint person secretary company with name date |
| 2022-12-21 | AA | accounts | accounts with accounts type small |
| 2022-08-15 | PSC01 | persons-with-significant-control | notification of a person with significant control |
| 2022-08-12 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2022-07-15 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-12-08 | AA | accounts | accounts with accounts type small |
| 2021-08-13 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2020-08-25 | AA | accounts | accounts with accounts type small |
| 2020-08-18 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2019-09-25 | AA | accounts | accounts with accounts type small |
| 2019-07-23 | CS01 | confirmation-statement | confirmation statement with updates |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory