UK Companies House feature
KIMBLE APPLICATIONS LIMITED
Profile
- Company number
- 07445594
- Status
- Active
- Incorporation
- 2010-11-19
- Last accounts made up
- 2025-01-31
- Account category
- FULL
- Primary SIC
- 62012
Accounts
Pending extraction
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving these financial statements there remains uncertainty in broader market conditions and interest rates remain high, which increases the uncertainty in delivering the Group's forecasts. The current forecasts indicate a covenant breach in FY26, due to the impact of higher cash interest payments and the Group is currently renegotiating its debt covenants with its lenders. The management team recognises that at the date of signing these financial statements, the Group has not completed renegotiation of covenants with lenders, though anticipates closure early in Q3 of Fiscal Year 2026. Our majority investor, Accel-KKR, has provided written confirmation of our agreement in principle that they will provide up to $30.0m to support the Group's growth initiatives, assist with strengthening the Group's balance sheet and facilitate covenant compliance for at least 12 months from the date of signature of these financial statements. Villa Topco Limited, the ultimate parent company of the Group, has therefore provided a letter of support to all the subsidiaries, therefore going concern is assessed on a Group basis.”
Subsidiaries
- Kimble Applications Inc · 100% held · USA · Sales, marketing and implementation of software
Significant events
- “During FY25, Kimble added several new customers and continued to increase its revenues, and we expect these trends to continue in FY26 and beyond.”
- “The Company's cash position has increased from £3.39m to £7.00m, however net current assets have decreased to £16.89m from £31.08m. The decrease in net current assets was due to the increase in the transfer pricing costs to £6.7m (2024: 2.9m) within the group in the year which include management charges that relate to the prior year, following a change in the basis of calculation during 2025.”
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
4 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ELSASSER, Stephen | Director | 2023-11-23 | May 1975 | American |
| HERNANDEZ, Maurice Andre | Director | 2018-03-06 | Jan 1981 | American |
| MALINOWSKI, Adam Dawid | Director | 2021-03-10 | Aug 1986 | American |
| SPERANZA, Michael | Director | 2021-12-06 | Oct 1976 | American |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HOBAN, Sean Christopher | Director | 2010-11-19 | 2022-03-28 |
| KELLY, Stephen Paul | Director | 2019-02-15 | 2021-03-10 |
| ROBINSON, Mark | Director | 2010-11-19 | 2021-03-10 |
| SCOTT, David James | Director | 2010-11-19 | 2021-12-17 |
| SHARP, Steve | Director | 2021-03-10 | 2023-11-23 |
| TERRY, Barnaby Bruce Landen | Director | 2011-01-03 | 2021-03-10 |
| WILLIAMS, Gregory Hyde | Director | 2018-03-06 | 2021-03-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Villa Bidco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-10-14 | Active |
Filing timeline
Last 20 of 108 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-01-20 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-07-09 | AA | accounts | accounts with accounts type full |
| 2024-11-15 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-07-12 | AA | accounts | accounts with accounts type full |
| 2024-01-12 | AA | accounts | accounts with accounts type full |
| 2023-11-28 | TM01 | officers | termination director company with name termination date |
| 2023-11-28 | TM01 | officers | termination director company |
| 2023-11-27 | AP01 | officers | appoint person director company with name date |
| 2023-11-14 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-11-13 | CH01 | officers | change person director company with change date |
| 2023-11-13 | CH01 | officers | change person director company with change date |
| 2023-05-15 | CH01 | officers | change person director company with change date |
| 2023-05-09 | CH01 | officers | change person director company with change date |
| 2023-05-09 | CH01 | officers | change person director company with change date |
| 2023-05-09 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2023-03-03 | AA | accounts | accounts with accounts type full |
| 2023-01-24 | RP04SH01 | capital | second filing capital allotment shares |
| 2022-12-22 | AD01 | address | change registered office address company with date old address new address |
| 2022-11-25 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-09-08 | AA01 | accounts | change account reference date company previous extended |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory