GEN2 SYSTEMS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-23 (in 5mo)
Last made up 2025-10-09
Watchouts
None on the register
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
Net assets
4-year trend · vs Technology median
Accounts
4-year trend · latest reflected 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 the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Net margin | — | — | 0.5% | 2.4% |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- 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 and subsidiary information is drawn from the narrative of the latest annual accounts. 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 |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 14
- Capital events
- 3
- Officers appointed
- 3
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+6.1%
£11,430,064 £12,124,509
-
Cash
+16.8%
£3,559,999 £4,156,633
-
Net assets
-26.4%
£6,466,062 £4,756,206
-
Employees
+4.8%
42 44
-
Profit before tax
+1,881,620%
-£20 £376,304
-
Wages
+14%
£2,891,825 £3,295,557
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