SG TECHNOLOGIES GROUP LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-17 (in 6mo)
Last made up 2025-11-03
Watchouts
None on the register
Cash
£2M
Latest balance sheet
Net assets
£15M
Equity attributable
Employees
185
Average over period
Profit before tax
-£509K
Period ending 2024-12-31
Name history
Renamed 2 times since incorporation
- SG TECHNOLOGIES GROUP LIMITED 2018-02-20 → present
- S G TECHNOLOGIES GROUP LIMITED 2013-05-08 → 2018-02-20
- SONSANCO 1 LIMITED 2011-12-01 → 2013-05-08
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £15,010,000 | £22,142,000 | |
| Operating profit | -£482,000 | -£589,000 | |
| Profit before tax | -£511,000 | -£509,000 | |
| Net profit | -£822,000 | -£195,000 | |
| Cash | £1,073,000 | £1,720,000 | |
| Total assets less current liabilities | £17,079,000 | £16,575,000 | |
| Net assets | £14,721,000 | £14,685,000 | |
| Equity | £14,721,000 | £14,685,000 | |
| Average employees | 182 | 185 | |
| Wages | £4,649,000 | £6,545,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -3.2% | -2.7% | |
| Net margin | -5.5% | -0.9% | |
| Return on capital employed | -2.8% | -3.6% | |
| Gearing (liabilities / total assets) | 28.5% | 27.1% | |
| Current ratio | 2.82x | 2.69x | |
| Interest cover | -3.98x | -15.92x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- S&W Audit
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Group is currently loss-making due to fluctuations in customer demand and increases in costs. The management team is focussing its efforts on continuous improvement to reduce waste and improve the financial performance of the group. It is well placed to manage its business risks successfully. Accordingly, the directors have a reasonable expectation that the group has adequate resource to continue in operational existence for the foreseeable future. Various scenarios have been forecast and the past two years of fluctuations in the global markets have provided the business with opportunities to change working practices to improve liquidity. The Directors have also obtained a letter of support from Neo Performance Materials Inc. to confirm that if required, Neo Performance Materials Inc. will provide financial support to enable the Group to settle its liabilities as they fall due for at least 12 months from the date of signature of these financial statements through loan balances. Thus, they continue to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- SG TECHNOLOGIES GROUP LIMITED · parent
- SG Technologies Limited 100%
- SG Magnets Inc 100%
- SGTec (South East Asia) PTE. Limited 100%
Significant events
- “On 2nd November 2025, the Singapore entity was wound up.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LOWE, Nicola | Secretary | 2024-03-19 | — | — |
| BAKSH, Jonathan | Director | 2024-12-06 | Mar 1985 | Canadian |
| HEYDON, Gregory Paul, Dr | Director | 2023-04-19 | May 1973 | British |
| HUTCHEON, Stuart Andrew | Director | 2012-10-08 | Oct 1970 | British |
| MORRIS, Kevin Daniel | Director | 2023-04-19 | Apr 1969 | American |
| SWIFT, Jonathan Clark | Director | 2013-02-07 | Aug 1975 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CALDWELL, Alexander Donald | Secretary | 2023-04-19 | 2024-12-06 |
| LOWE, Nicola Joan | Secretary | 2021-07-12 | 2023-04-19 |
| MABBOTT, Brian James | Secretary | 2012-10-22 | 2018-07-06 |
| JONES, Neil Alan | Director | 2011-12-01 | 2012-10-08 |
| LOWE, Nicola Joan | Director | 2019-05-01 | 2023-04-19 |
| REID, Randal Gene | Director | 2023-04-19 | 2024-03-19 |
| ROBINSON, Timothy George | Director | 2014-02-21 | 2021-06-21 |
| TAYLOR, John Stephen | Director | 2012-10-08 | 2023-04-19 |
| WILLIAMS, Stephen Thomas Quentin | Director | 2012-10-08 | 2023-04-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Neo Ventures Europe Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-04-19 | Active |
| Mr John Stephen Taylor | Individual | Shares 25–50% | 2016-04-06 | Ceased 2023-04-19 |
Filing timeline
Last 20 of 90 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-05-10 MA Memorandum articles
- 2023-05-10 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-23 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2025-12-22 | CH01 | officers | Change person director company with change date | |
| 2025-12-17 | AA | accounts | Accounts with accounts type group | |
| 2024-12-18 | AA | accounts | Accounts with accounts type group | |
| 2024-12-09 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-09 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-11-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-18 | AA01 | accounts | Change account reference date company previous shortened | |
| 2024-03-30 | AA | accounts | Accounts with accounts type group | |
| 2024-03-20 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-03-20 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-05-10 | MA | incorporation | Memorandum articles | |
| 2023-05-10 | RESOLUTIONS | resolution | Resolution | |
| 2023-04-27 | SH08 | capital | Capital name of class of shares | |
| 2023-04-26 | SH10 | capital | Capital variation of rights attached to shares | |
| 2023-04-26 | AP01 | officers | Appoint person director company with name date | |
| 2023-04-24 | TM01 | officers | Termination director company with name termination date | |
| 2023-04-24 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31