UK Companies House feature
FORRIT TECHNOLOGY LIMITED
Cash
£2M
-44.9% vs 2023
Net assets
-£3M
-161% vs 2023
Employees
59
+15.7% vs 2023
Profit before tax
-£3M
-120% vs 2023
Profile
- Company number
- 06632246
- Status
- Active
- Incorporation
- 2008-06-27
- Last accounts made up
- 2025-03-31
- Account category
- FULL
- Primary SIC
- 62012
Net assets
6-year trend · vs UK AI & Enterprise SaaS median
Accounts
6-year trend · latest 2025-03-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Turnover | £2,095,046 | — | — | — | — | — | |
| Operating profit | -£210,928 | — | — | — | — | — | |
| Profit before tax | -£210,905 | — | — | — | -£1,405,975 | -£3,092,786 | |
| Net profit | -£210,905 | — | — | — | -£893,371 | -£1,784,781 | |
| Cash | £83,913 | £480,750 | £124,493 | — | £2,946,034 | £1,624,701 | |
| Total assets less current liabilities | -£292,086 | -£203,594 | -£123,806 | — | £5,146,468 | £5,296,475 | |
| Net assets | -£387,086 | -£275,829 | -£255,077 | — | -£1,108,375 | -£2,893,156 | |
| Equity | -£387,086 | -£275,829 | -£255,077 | — | -£1,108,375 | -£2,893,156 | |
| Average employees | 35 | 39 | 47 | — | 51 | 59 | |
| Wages | — | — | — | — | £2,037,562 | £3,267,896 |
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
- Thomson Cooper
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Following a "£2 million equity investment during the year in Forrit Holdings Limited, the parent company, the anticipated receipt of the 2025 R&D tax credit of ","£818,000 and the signing of new contracts after the yearend, the directors' consider that the company has adequate resources to continue in operational existence for a period of not less than twelve months from the date of approval of the accounts. Accordingly, the directors consider it appropriate to prepare the financial statements on the going concern basis."”
Significant events
- “A ","£2 million funding round was completed in February 2025 to allow continued investment in the product and sales and marketing activities."”
- “The anticipated receipt of the 2025 R&D tax credit of ","£818,000 and the signing of new contracts after the yearend."”
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
3 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BARTON, Jeremy John Orr | Director | 2018-01-05 | Jun 1973 | British,Canadian |
| PROUD, Peter | Director | 2017-12-04 | Sep 1969 | British |
| WADDELL, John Maclaren Ogilvie | Director | 2017-12-04 | Apr 1956 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| A G SECRETARIAL LIMITED | Corporate Secretary | 2008-06-27 | 2008-06-27 |
| WPP GROUP (NOMINEES) LIMITED | Corporate Secretary | 2009-08-03 | 2017-12-04 |
| JONES, Barry | Director | 2008-06-27 | 2017-12-04 |
| RHYS-THOMAS, Mark | Director | 2008-06-27 | 2010-08-11 |
| THORN, Kevan | Director | 2008-06-27 | 2017-12-04 |
| INHOCO FORMATIONS LIMITED | Corporate Nominee Director | 2008-06-27 | 2008-06-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Forrit Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-12-04 | Active |
| Hogarth Worldwide Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2017-12-04 |
Filing timeline
Last 20 of 64 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-02-06 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-09-16 | AA | accounts | accounts with accounts type full |
| 2025-08-14 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-03-03 | AA01 | accounts | change account reference date company current extended |
| 2024-08-14 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-07-25 | AA | accounts | accounts with accounts type small |
| 2023-09-29 | AA | accounts | accounts with accounts type small |
| 2023-08-11 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-04-13 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-12-22 | AA | accounts | accounts with accounts type small |
| 2022-04-08 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-09-27 | AA | accounts | accounts with accounts type full |
| 2021-03-30 | CS01 | confirmation-statement | confirmation statement with updates |
| 2020-09-29 | AA | accounts | accounts with accounts type small |
| 2020-06-10 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2020-06-10 | RESOLUTIONS | resolution | resolution |
| 2020-04-16 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2019-09-30 | AA | accounts | accounts with accounts type small |
| 2019-04-15 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2018-07-19 | CS01 | confirmation-statement | confirmation statement with updates |
Credit score
Altman Z″ (private-firm) · reference 2025-03-31
-0.90
DISTRESS
Altman Z″
- Working capital / Total assets 0.456 × 6.56 = +2.99
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -0.529 × 6.72 = -3.55
- Book equity / Total liabilities -0.326 × 1.05 = -0.34
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