UK Companies House feature
OPENCAST SOFTWARE EUROPE LIMITED
Cash
£1M
+35.8% vs 2022
Net assets
£6M
+43.9% vs 2022
Employees
431
+67.1% vs 2022
Profit before tax
£3M
-21.8% vs 2022
Profile
- Company number
- 08047734
- Status
- Active
- Incorporation
- 2012-04-26
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 62020
Net assets
7-year trend · vs UK AI & Enterprise SaaS median
Accounts
7-year trend · latest 2023-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £14,287,400 | — | £36,284,114 | £49,941,276 | |
| Operating profit | — | — | — | £2,205,943 | — | £4,184,919 | £3,308,452 | |
| Profit before tax | — | — | — | £2,196,413 | — | £4,140,235 | £3,238,312 | |
| Net profit | — | — | — | £2,009,163 | — | £4,428,120 | £2,463,977 | |
| Cash | £691,446 | £516,842 | £516,842 | £610,247 | £610,247 | £853,109 | £1,158,722 | |
| Total assets less current liabilities | £1,221,235 | £742,249 | — | £1,474,441 | — | £4,762,239 | £6,564,109 | |
| Net assets | — | £742,249 | — | £1,186,652 | — | £4,022,665 | £5,788,793 | |
| Equity | £1,221,235 | £742,249 | £742,249 | £1,186,652 | £1,186,652 | £4,022,665 | £5,788,793 | |
| Average employees | 66 | 87 | — | 138 | — | 258 | 431 | |
| Wages | — | — | — | £8,010,760 | — | £17,185,872 | £28,897,482 |
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
- Ryecroft Glenton
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the Directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “Following the acquisition of the Company on 12 February 2024 by Opencast Software Europe Holdings Limited, the Company is required to operate within the Group finance facilities in place.”
- “As at 31 December 2024 the Group was in technical covenant breach on loans totalling £6,800,000, this was waived by the finance provider on 19 March 2025. A further breach of the covenants occurred as at 30 June 2025, which was waived by the lender on 15th September 2025.”
- “On 19th February 2025 the shareholders of Swarm Energy Limited (a customer of the Company) passed a resolution to voluntarily wind up the company and insolvency practitioners were appointed, see note 7 for further details on the financial impact of this event.”
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
5 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HODGSON, James William | Secretary | 2024-03-06 | — | — |
| SHORT, Katherine Anne, Dr | Secretary | 2021-11-12 | — | — |
| HODGSON, James William | Director | 2024-03-06 | Dec 1982 | British |
| HOULT, Charles Wilson | Director | 2012-04-26 | Apr 1967 | British |
| LAWSON, Thomas William | Director | 2022-09-27 | Nov 1980 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| O'BRIEN, Francis Michael | Director | 2012-09-28 | 2024-02-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Opencast Software Europe Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-02-12 | Active |
| Mr Charles Wilson Hoult | Individual | Shares 25–50% | 2016-04-06 | Ceased 2024-02-12 |
| Mr Francis Michael O'Brien | Individual | Shares 25–50% | 2016-04-06 | Ceased 2024-02-12 |
Filing timeline
Last 20 of 71 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-10-03 | AA | accounts | accounts with accounts type full |
| 2025-05-30 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-09-23 | AA | accounts | accounts with accounts type full |
| 2024-06-03 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-03-27 | MA | incorporation | memorandum articles |
| 2024-03-09 | MA | incorporation | memorandum articles |
| 2024-03-07 | CH01 | officers | change person director company with change date |
| 2024-03-06 | AP03 | officers | appoint person secretary company with name date |
| 2024-03-06 | AP01 | officers | appoint person director company with name date |
| 2024-03-06 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-03-06 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-03-06 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2024-03-02 | MA | incorporation | memorandum articles |
| 2024-03-02 | RESOLUTIONS | resolution | resolution |
| 2024-02-23 | TM01 | officers | termination director company with name termination date |
| 2024-02-15 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-02-14 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-02-12 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-02-12 | MR04 | mortgage | mortgage satisfy charge full |
| 2023-10-04 | MA | incorporation | memorandum articles |
Credit score
Altman Z″ (private-firm) · reference 2023-12-31
4.92
SAFE
Altman Z″
- Working capital / Total assets 0.292 × 6.56 = +1.92
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.288 × 6.72 = +1.93
- Book equity / Total liabilities 1.014 × 1.05 = +1.07
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
32.3
COLD
/ 100
- Filings velocity 17
- Capital events 0
- Officer churn 0
- Headcount trajectory 100
- Accounts trajectory 88
- 2 filing(s) in last 12 months
- Employees +67% YoY
- Turnover +38% YoY