Cash

£763K

+27.8% vs 2023

Net assets

-£20M

-37.2% vs 2023

Employees

82

+22.4% vs 2023

Profit before tax

Period ending 2024-12-31

Profile

Company number
08171866
Status
Active
Incorporation
2012-08-08
Last accounts made up
2024-12-31
Account category
GROUP
Primary SIC
62012
Hubs
UK AI & Enterprise SaaS

Net assets

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

£0£1£12018201920202021202220232024
ADTHENA LTD

Accounts

7-year trend · latest 2024-12-31

Metric Trend 2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31
Turnover
Operating profit
Profit before tax
Net profit -£4,321,767-£5,493,065
Cash £597,343£763,370
Total assets less current liabilities -£7,305,424-£2,822,767
Net assets -£14,502,345-£19,901,401
Equity -£4,425,527-£1,854,563-£3,072,246-£7,003,596-£30,167,784-£14,502,345-£19,901,401
Average employees 6782
Wages £5,287,789£5,515,958

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
Haines Watts Swindon Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The accounts have been prepared on a going concern basis. While the Group continues to operate at a loss and has negative net assets, the business is in a stable operating position, and sales growth is expected to be sufficient to reach breakeven. While the Group's net current assets are negative, the business has raised capital during the period, and is in a robust cash position with a forward cash forecast that is breakeven, and as such is in a position to withstand any short term losses. As a result, the Directors resolved that the going concern basis is appropriate.”

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

7 active · 6 resigned

Name Role Appointed Born Nationality
RICHARDS, William John Secretary 2020-05-27
DONNELLY, Hylton Barrymore Director 2023-06-07 May 1969 British
GAON, Sloan Daniel Director 2020-04-22 Apr 1969 American
HUDDLESTON, Erik Director 2020-04-15 Nov 1975 American
O'ROURKE, Ian Whitney Director 2012-08-08 Aug 1971 Australian
SNYDER, Braden Director 2023-11-01 Oct 1988 American
THUNE, Phillip Director 2023-04-05 May 1970 American
Show 6 resigned officers
Name Role Appointed Resigned
DONNELLY, Hylton Barrymore Director 2013-04-29 2015-11-17
EVETTS, Andrew Richard Denby Director 2012-11-18 2019-03-18
MORRIS, Melvyn Director 2016-07-29 2019-07-25
REGENT, Damien Eric Marie Joseph Director 2013-11-18 2019-03-12
SEEBER, Jonathan Michael Director 2019-03-05 2023-11-01
UNDERHILL, Christopher John Director 2015-04-01 2023-06-07

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Updata Partners V, L.P. Corporate entity Shares 25–50%, Voting 25–50% 2023-05-08 Ceased 2023-06-13
Mr Phillip Thune Individual Significant influence 2023-03-20 Active
Mr Ian Whitney O'Rourke Individual Appoints directors, Significant influence 2016-04-06 Ceased 2023-03-15
Mrs Julie Angela O'Rourke Individual Shares 25–50% 2016-04-06 Ceased 2019-03-05

Filing timeline

Last 20 of 117 total filings

Date Type Category Description
2025-08-28 CS01 confirmation-statement confirmation statement with updates
2025-08-28 SH01 capital capital allotment shares
2025-08-21 AA accounts accounts with accounts type group
2024-10-20 RESOLUTIONS resolution resolution
2024-10-20 MA incorporation memorandum articles
2024-08-16 CS01 confirmation-statement confirmation statement with updates
2024-08-16 SH01 capital capital allotment shares
2024-07-02 AA accounts accounts with accounts type group
2024-01-29 MR04 mortgage mortgage satisfy charge full
2024-01-22 MR04 mortgage mortgage satisfy charge full
2024-01-22 MR04 mortgage mortgage satisfy charge full
2024-01-22 MR01 mortgage mortgage create with deed with charge number charge creation date
2023-11-14 AP01 officers appoint person director company with name date
2023-11-14 TM01 officers termination director company with name termination date
2023-11-01 AD01 address change registered office address company with date old address new address
2023-08-31 PSC01 persons-with-significant-control notification of a person with significant control
2023-08-18 CS01 confirmation-statement confirmation statement with updates
2023-08-18 SH01 capital capital allotment shares
2023-08-16 PSC07 persons-with-significant-control cessation of a person with significant control
2023-08-02 AA accounts accounts with accounts type group

Credit score

Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage

Credit score requires EBIT (operating profit / PBT) — not present in the latest extracted accounts.

Activity Score

Filings velocity, capital events, officer churn, accounts trajectory

Activity Score not yet computed for this company.

Official Companies House page