UK Companies House feature
SYCURIO LIMITED
Cash
£2M
-44.6% vs 2021
Net assets
£2M
-2.6% vs 2021
Employees
86
+6.2% vs 2021
Profit before tax
—
Period ending 2022-12-31
Profile
- Company number
- 06963868
- Status
- Active
- Incorporation
- 2009-07-16
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- Primary SIC
- 62012
Net assets
7-year trend · vs UK AI & Enterprise SaaS median
Accounts
7-year trend · latest 2022-12-31
| Metric | Trend | 2019-01-01 | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | — | — | |
| Net profit | — | £163,096 | — | £1,082,302 | — | £3,019,875 | -£64,628 | |
| Cash | — | £2,352,296 | — | £3,245,365 | — | £4,348,182 | £2,407,337 | |
| Total assets less current liabilities | — | -£1,386,395 | — | -£1,349,934 | — | £2,818,308 | £2,896,887 | |
| Net assets | — | — | — | — | — | £2,460,941 | £2,396,313 | |
| Equity | -£4,695,722 | -£4,510,137 | -£4,510,137 | -£3,409,670 | -£3,409,670 | £2,460,941 | £2,396,313 | |
| Average employees | — | 0 | — | 77 | — | 81 | 86 | |
| 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
- Reporting scope
- Consolidated (group)
- Auditor
- Price Bailey LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Additionally, the Group secured a capital injection from its private equity investor, Livingbridge, reinforcing Sycurio's financial position and ensuring its continuity as a going concern and enabling a platform for the medium term forecasted growth. ... Based on the additional liquidity, the reduced external debt obligations within the Group and facilities available, the Directors have assessed expected cashflow and remain confident that the Group will continue to have the resources to meet creditors as they fall due for the twelve months after the financial statements are approved. The financial statements will therefore be prepared on a going concern basis.”
Subsidiaries
- Sycurio Inc. · 100% held · Boston, MA 02110
Significant events
- “In September 2021, the Group initiated legal proceedings for patent infringement against a competitor. The Group entered into a confidential settlement agreement with the competitor in June 2024, settling all claims and counterclaims.”
- “In March 2022, the Group commenced arbitration proceedings against a competitor for breach of a patent license agreement. The Group entered into a confidential settlement agreement with the competitor in October 2024, settling all claims.”
- “As part of building a scalable and sustainable growth platform, the company undertook a strategic transformation during the year to realign its workforce with its long-term vision. The restructuring process remains ongoing and is expected to continue into the next financial year.”
- “During 2025, the parent company provided further loans totaling £2.5m.”
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
2 active · 27 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PARKER, Denise | Director | 2024-04-12 | Jul 1969 | American |
| SWYER, Camilla Ann | Director | 2025-05-13 | Jul 1978 | British |
Show 27 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CLANCY, Kevin | Secretary | 2022-06-23 | 2025-03-03 |
| DONALDSON, John Alistair | Secretary | 2018-06-25 | 2021-06-24 |
| GROVER, Katherine Hazel | Secretary | 2012-10-18 | 2017-02-23 |
| ANDREWS, Simon Charles, Brockman | Director | 2014-09-29 | 2018-05-18 |
| BARNETT, Gary | Director | 2019-02-07 | 2022-05-19 |
| BREW, Alistair Jeremy | Director | 2014-09-29 | 2015-09-16 |
| COOPER-DRIVER, Richard Charles Ingle | Director | 2010-01-11 | 2014-09-29 |
| CRITCHLEY, Timothy John | Director | 2009-10-21 | 2019-02-08 |
| DONALDSON, John Alistair | Director | 2019-07-17 | 2021-06-24 |
| EGGLESTON, John Peter | Director | 2019-02-15 | 2019-08-30 |
| EGGLESTON, John Peter | Director | 2015-09-16 | 2017-04-12 |
| FERGUSON, Malcolm | Director | 2018-05-21 | 2021-06-24 |
| GREENSMITH, Paul John | Director | 2023-09-22 | 2024-04-29 |
| GRESTY, William Robert | Director | 2019-08-30 | 2021-06-24 |
| GROVER, Katherine Hazel | Director | 2012-10-18 | 2017-01-13 |
| HAVARD, Michael Alan | Director | 2010-01-11 | 2021-06-24 |
| HOLLINGSWORTH, Simon | Director | 2024-10-26 | 2025-05-13 |
| HOLLINGSWORTH, Simon | Director | 2021-06-24 | 2024-04-12 |
| JACKSON, David Mark | Director | 2009-10-28 | 2021-06-24 |
| KAHAN, Barbara | Director | 2009-07-16 | 2009-07-16 |
| KAHN, Curtis | Director | 2021-06-24 | 2021-09-20 |
| LAWSON, Nicholas St John | Director | 2009-07-16 | 2010-06-18 |
| LUMSDON, Gary John | Director | 2022-06-23 | 2022-09-07 |
| PERRY, Martin Gordon | Director | 2010-01-11 | 2011-07-21 |
| SEAR, David Valentine James | Director | 2012-03-22 | 2021-06-24 |
| VINEY, Nicholas James, Mr. | Director | 2022-10-11 | 2024-02-23 |
| VINSON, Jane | Director | 2017-04-12 | 2019-02-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Sycurio Midco 3 Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-06-24 | Active |
| Bgf Gp Limited | Corporate entity | significant-influence-or-control-as-firm | 2017-10-03 | Ceased 2021-06-24 |
| Octopus Titan Vct Plc | Corporate entity | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2021-06-24 |
| Business Growth Fund | Corporate entity | Shares 25–50% | 2016-04-06 | Ceased 2017-10-03 |
| Octopus Vct | Corporate entity | Shares 25–50% | 2016-04-06 | Ceased 2016-04-06 |
Filing timeline
Last 20 of 179 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-09-19 | AA | accounts | accounts with accounts type group |
| 2025-07-29 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-05-30 | AD04 | address | move registers to registered office company with new address |
| 2025-05-16 | AP01 | officers | appoint person director company with name date |
| 2025-05-14 | TM01 | officers | termination director company with name termination date |
| 2025-03-28 | TM02 | officers | termination secretary company with name termination date |
| 2025-02-07 | AD03 | address | move registers to sail company with new address |
| 2025-02-05 | AD02 | address | change sail address company with new address |
| 2024-12-02 | AA | accounts | accounts with accounts type group |
| 2024-10-31 | AP01 | officers | appoint person director company with name date |
| 2024-07-24 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2024-07-16 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-05-07 | TM01 | officers | termination director company with name termination date |
| 2024-04-29 | AP01 | officers | appoint person director company with name date |
| 2024-04-25 | TM01 | officers | termination director company with name termination date |
| 2024-04-12 | TM01 | officers | termination director company with name termination date |
| 2024-01-11 | RP04CS01 | confirmation-statement | second filing of confirmation statement with made up date |
| 2024-01-11 | RP04CS01 | confirmation-statement | second filing of confirmation statement with made up date |
| 2023-11-14 | CH01 | officers | change person director company with change date |
| 2023-10-06 | AP01 | officers | appoint person director company with name date |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory