UK Companies House feature
GEN2 SYSTEMS LIMITED
Cash
£4M
+16.8% vs 2023
Net assets
£5M
-26.4% vs 2023
Employees
44
+4.8% vs 2023
Profit before tax
£376K
+1,881,620% vs 2023
Profile
- Company number
- 06403282
- Status
- Active
- Incorporation
- 2007-10-18
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 62012
Net assets
4-year trend · vs UK AI & Enterprise SaaS median
Accounts
4-year trend · latest 2024-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £11,430,064 | £12,124,509 | |
| Operating profit | — | — | — | — | |
| Profit before tax | — | — | -£20 | £376,304 | |
| Net profit | — | — | £59,473 | £290,144 | |
| Cash | — | — | £3,559,999 | £4,156,633 | |
| Total assets less current liabilities | — | — | £7,529,832 | £5,831,284 | |
| Net assets | — | — | £6,466,062 | £4,756,206 | |
| Equity | £5,793,215 | £6,406,589 | £6,466,062 | £4,756,206 | |
| Average employees | — | — | 42 | 44 | |
| Wages | — | — | £2,891,825 | £3,295,557 |
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
- PKF Smith Cooper Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company is exposed to various risks outlined in the strategic report, "principal risks" section, and whilst crystallisation of such risks, where not fully mitigated, would have a detrimental impact on the Company's financial results, none are deemed sufficiently material to prevent the Company continuing as a going concern for the foreseeable future, being no less than 12 months from the date of approval of these financial statements.”
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 · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AUGOSTINE, Johanna Margaretha | Director | 2025-09-01 | May 1970 | British,South African |
| IOANNIDOU, Jennifer | Director | 2025-09-01 | Jan 1989 | Cypriot |
| KOERNER, Nikolaus | Director | 2021-11-10 | Jan 1982 | German |
| MANGLE, Naveen Kumar | Director | 2025-09-01 | Apr 1978 | Indian |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| RYAN, Anne Marie | Secretary | 2007-10-18 | 2017-12-08 |
| SCOTT, Stephen John | Secretary | 2007-10-18 | 2007-10-18 |
| BRITZKE, Michael | Director | 2019-08-13 | 2021-11-10 |
| FISCHER, Andre Marcel | Director | 2019-08-13 | 2025-09-30 |
| HILL, Jenny Louise | Director | 2017-12-08 | 2019-08-13 |
| RYAN, Adrian Paul Patrick | Director | 2007-10-18 | 2017-12-08 |
| RYAN, Anne Marie | Director | 2007-10-18 | 2017-12-08 |
| SCOTT, Jacqueline | Director | 2007-10-18 | 2007-10-18 |
| YEATES, Darren Edward | Director | 2017-12-08 | 2019-08-13 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Flydocs Systems Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 81 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-01-30 | CH01 | officers | change person director company with change date |
| 2026-01-03 | RESOLUTIONS | resolution | resolution |
| 2026-01-03 | MA | incorporation | memorandum articles |
| 2025-12-11 | SH19 | capital | capital statement capital company with date currency figure |
| 2025-12-11 | SH20 | capital | legacy |
| 2025-12-11 | CAP-SS | insolvency | legacy |
| 2025-12-11 | RESOLUTIONS | resolution | resolution |
| 2025-12-11 | SH01 | capital | capital allotment shares |
| 2025-10-09 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-10-01 | TM01 | officers | termination director company with name termination date |
| 2025-09-30 | AA | accounts | accounts with accounts type full |
| 2025-09-01 | AP01 | officers | appoint person director company with name date |
| 2025-09-01 | AP01 | officers | appoint person director company with name date |
| 2025-09-01 | AP01 | officers | appoint person director company with name date |
| 2024-10-09 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-09-26 | AA | accounts | accounts with accounts type full |
| 2023-10-16 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-10-06 | AA | accounts | accounts with accounts type full |
| 2022-10-20 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-10-10 | AD01 | address | change registered office address company with date old address new address |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
4.78
SAFE
Altman Z″
- Working capital / Total assets 0.543 × 6.56 = +3.56
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.056 × 6.72 = +0.38
- Book equity / Total liabilities 0.802 × 1.05 = +0.84
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