Cash

£19M

-7.5% vs 2023

Net assets

£48M

+11.7% vs 2023

Employees

323

+9.9% vs 2023

Profit before tax

£3M

-62.7% vs 2023

Profile

Company number
07111656
Status
Active
Incorporation
2009-12-23
Last accounts made up
2024-09-30
Account category
FULL
Primary SIC
62011
Hubs
UK AI & Enterprise SaaS

Net assets

5-year trend · vs UK AI & Enterprise SaaS median

£0£25m£50m20202021202220232024
DOUBLE ELEVEN LIMITED

Accounts

5-year trend · latest 2024-09-30

Metric Trend 2020-09-302021-09-302022-09-302023-09-302024-09-30
Turnover
Operating profit
Profit before tax £10,472,910£8,401,196£3,131,266
Net profit £12,570,615£13,874,121£11,650,667£6,008,722
Cash £5,844,072£15,078,024£21,018,892£19,433,224
Total assets less current liabilities £32,262,036£45,290,221£50,164,406
Net assets £18,812,915£32,262,036£42,712,703£47,721,425
Equity £7,092,300£18,812,915£32,262,036£42,712,703£47,721,425
Average employees 243294323
Wages £9,198,984£12,501,641£14,135,708

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
Azets Audit Services
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The financial statements have been prepared on a going concern basis. The directors believe that the company has adequate financial resources to continue in operational existence for at least 12 months from the date of signing the financial statements and therefore the directors believe it remains appropriate to prepare the financial statements on a going concern basis.”

Subsidiaries

Significant events

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 · 5 resigned

Name Role Appointed Born Nationality
SMITHSON, Wayne Director 2023-01-01 Oct 1967 British
SOUTH, Mark Lancey Director 2012-04-06 Dec 1978 Canadian
TURNER, Kimberley Anne Director 2010-12-01 Jun 1982 British
Show 5 resigned officers
Name Role Appointed Resigned
AHMAD, Shahid Kamal Director 2016-02-02 2019-05-31
HUTCHINSON, Lee Director 2009-12-23 2025-09-17
HUTCHINSON, Samantha Director 2010-12-01 2025-09-17
SHEPCAR, Matthew Director 2010-12-01 2023-06-28
WARE, Robin Director 2013-01-01 2025-09-12

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Pneuma Games Group Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2024-01-25 Active
Pneuma Group Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2022-11-18 Ceased 2024-01-25
Mr Lee Hutchinson Individual Shares 50–75% 2016-12-23 Ceased 2022-11-18

Filing timeline

Last 20 of 69 total filings

Date Type Category Description
2026-01-06 CS01 confirmation-statement confirmation statement with no updates
2025-09-25 TM01 officers termination director company with name termination date
2025-09-25 TM01 officers termination director company with name termination date
2025-09-25 TM01 officers termination director company with name termination date
2025-05-08 CH01 officers change person director company with change date
2025-05-08 CH01 officers change person director company with change date
2025-05-06 AAMD accounts accounts amended with accounts type full
2025-04-09 AA accounts accounts with accounts type full
2024-12-03 CS01 confirmation-statement confirmation statement with updates
2024-05-03 AA accounts accounts with accounts type full
2024-04-23 AD01 address change registered office address company with date old address new address
2024-03-27 AD01 address change registered office address company with date old address new address
2024-02-06 PSC07 persons-with-significant-control cessation of a person with significant control
2024-02-06 PSC02 persons-with-significant-control notification of a person with significant control
2023-11-27 CS01 confirmation-statement confirmation statement with no updates
2023-10-17 MR01 mortgage mortgage create with deed with charge number charge creation date
2023-06-28 TM01 officers termination director company with name termination date
2023-06-07 AA accounts accounts with accounts type group
2023-01-03 AP01 officers appoint person director company with name date
2022-12-01 CS01 confirmation-statement confirmation statement with updates

Credit score

Altman Z″ (private-firm) · reference 2024-09-30

-6.98

DISTRESS

Altman Z″

  • Working capital / Total assets 0.665 × 6.56 = +4.37
  • Retained earnings / Total assets 0.000 × 3.26 = +0.00
  • EBIT / Total assets 0.073 × 6.72 = +0.49
  • Book equity / Total liabilities -11.273 × 1.05 = -11.84

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

Composite activity score · components 0–100 · reference 2026-05-09

41.6

COOL

/ 100

  • Filings velocity 33
  • Capital events 0
  • Officer churn 75
  • Headcount trajectory 60
  • Accounts trajectory 62
  • 4 filing(s) in last 12 months
  • 0 appointed, 3 resigned (12mo)
  • Employees +10% YoY
  • Net Assets +12% YoY

Official Companies House page