CAPPFINITY LIMITED

1. CAPPFINITY LIMITED 2019-11-08 → present
2. CAPP & CO LIMITED 2013-04-19 → 2019-11-08
3. CENTRE OF APPLIED POSITIVE PSYCHOLOGY LIMITED 2009-01-27 → 2013-04-19

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

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Spencer Gardner Dickins (Audit Services) Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Group continues to deliver solid levels of growth resulting in an increase in turnover when compared to the prior year by 10%. Close control of overheads has significantly reduced losses and the Group maintains a very healthy cash balance of £9.3m at the year end and the business is forecasting to move into profitability in 2025. The directors are therefore confident that the Group has adequate resources and working capital to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. CAPPFINITY LIMITED · parent
   1. Cappfinity Inc. 100% · TX 77056
   2. Cappfinity PTY Ltd 100% · NSW 2000
   3. Cappfinity Ireland Limited 100% · Dublin 4, D04 W2F1

Significant events

• “The rate of inflation, the trajectory for interest rates, and the broader economic outlook is leading to some unknowns and uncertainties that inevitably create risk in the future outlook for all companies, including Cappfinity.”
• “This economic uncertainty has increased through the trade policy actions of the US administration. At the time of writing, this remains a significant uncertainty factor driving delayed decision making in investment and hiring across our markets.”
• “A major information security breach or technology issue is one of our most salient risks, managed through appropriate information security protocols including our compliance with accreditations for ISO 27001 and Cyber Essentials Plus, as well as regular client audits.”
• “Ensuring the further successful delivery and broader commercial realisation of the Cappfinity platform for talent lifecycle management, our major strategic initiative, and the focus of our growth equity investment.”
• “Navigating the changing balance of revenue recognition as we accelerate the growth of our SaaS revenues, while also recognising that this shift over time may lead to a reduction in revenue recognition for more immediate services delivery.”
• “On 22 September 2023 HSBC raised a fixed and floating charge at Companies House over the assets of the company in relation to guaranteeing a bond issued to an overseas customer.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

13

last 12 months

Capital events

5

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  —

  Not reported

• Cash

  +6.9%

  £8,114,717 → £8,675,721

• Net assets

  —

  Not reported

• Employees

  +1.9%

  268 → 273

  highest in 3 filed years

• Wages

  -2.4%

  £11,024,002 → £10,761,964

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