UK Companies House feature
TESSIAN LIMITED
Cash
£14M
-52.3% vs 2023
Net assets
£32M
-42.4% vs 2023
Employees
170
-23.4% vs 2023
Profit before tax
—
Period ending 2023-12-31
Profile
- Company number
- 08358482
- Status
- Active
- Incorporation
- 2013-01-14
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- Primary SIC
- 62012
Net assets
3-year trend · vs UK AI & Enterprise SaaS median
Accounts
3-year trend · latest 2023-12-31
| Metric | Trend | 2022-03-31 | 2023-03-31 | 2023-12-31 |
|---|---|---|---|---|
| Turnover | — | — | — | |
| Operating profit | — | — | — | |
| Profit before tax | — | — | — | |
| Net profit | — | — | -£32,184,257 | |
| Cash | — | £29,085,991 | £13,864,082 | |
| Total assets less current liabilities | — | £56,214,539 | £32,396,267 | |
| Net assets | — | £56,135,346 | £32,360,707 | |
| Equity | £62,613,766 | £56,135,346 | £32,360,707 | |
| Average employees | — | 222 | 170 | |
| Wages | — | — | — |
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
- WP Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Group is confident there are sufficient cash reserves to trade for more than 12 months from the date of approval of the financial statements. The Group has considered a severe but plausible downside scenario with decreasing sales and higher than targeted expenditure, which still showed a going concern status. The metric Free Cash Flow has been a used in forecasting and in considering the going concern basis. Tessian Limited's ultimate parent company, Proofpoint Inc, remains in a strong financial position as at 31 December 2024 and has no concerns about being able to continue providing support to its subsidiaries for the foreseeable future. For this reason the Directors are confident that the Group can continue in operational existence for the foreseeable future being a period of at least 12 months from the signing of these financial statements and as a result have prepared the accounts on a going concern basis.”
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
1 active · 19 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CHIN, Kyle Michael | Director | 2023-12-19 | Apr 1971 | American |
Show 19 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CORPORATION SERVICE COMPANY (UK) LIMITED | Corporate Secretary | 2024-02-15 | 2025-07-21 |
| CSC CLS (UK) LIMITED | Corporate Secretary | 2025-07-21 | 2026-03-23 |
| OAKWOOD CORPORATE SECRETARY LIMITED | Corporate Secretary | 2021-11-03 | 2024-02-15 |
| ADAMS, Thomas Sebastian Borley | Director | 2015-01-01 | 2017-03-14 |
| ADAMS, Thomas Sebastian Borley | Director | 2013-01-14 | 2014-04-04 |
| ASHER, Jeffrey Scott | Director | 2023-12-19 | 2024-02-06 |
| BISHOP, Edward | Director | 2013-01-14 | 2023-12-19 |
| BRASOVEANU, Andrei Florin | Director | 2020-03-16 | 2023-12-19 |
| CHANDRATILLAKE, Suranga, Mr. | Director | 2018-03-28 | 2023-12-19 |
| HAMILTON, Ian Charles | Director | 2016-08-09 | 2021-04-12 |
| HSU, Janet Yunchu, Mrs. | Director | 2024-02-06 | 2024-07-12 |
| JACKSON, Timothy David Alexander | Director | 2014-04-04 | 2016-02-24 |
| KOBUS, Philipp Sebastian | Director | 2015-09-04 | 2016-08-09 |
| LIXANDRU, Luciana Maria | Director | 2018-03-28 | 2020-03-16 |
| MILLER, Matthew | Director | 2018-12-21 | 2023-12-19 |
| MOK, Beng-Fai | Director | 2016-02-04 | 2017-03-14 |
| MONTGOMERY, James | Director | 2021-05-12 | 2023-12-19 |
| SADLER, Timothy Royston | Director | 2013-01-14 | 2023-12-19 |
| SAYAR, Ramin | Director | 2021-04-12 | 2023-12-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Timothy Royston Sadler | Individual | Significant influence | 2016-04-06 | Ceased 2016-04-06 |
| Mr Edward Bishop | Individual | Significant influence | 2016-04-06 | Ceased 2016-04-06 |
| Mr Thomas Sebastian Borley Adams | Individual | Significant influence | 2016-04-06 | Ceased 2016-04-06 |
Filing timeline
Last 20 of 157 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-24 | TM02 | officers | termination secretary company with name termination date |
| 2026-03-12 | AD01 | address | change registered office address company with date old address new address |
| 2026-01-05 | AA | accounts | accounts with accounts type group |
| 2025-12-22 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-08-05 | TM02 | officers | termination secretary company with name termination date |
| 2025-08-05 | AD01 | address | change registered office address company with date old address new address |
| 2025-08-05 | AP04 | officers | appoint corporate secretary company with name date |
| 2025-02-04 | AA | accounts | accounts with accounts type group |
| 2024-12-23 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-11-02 | RESOLUTIONS | resolution | resolution |
| 2024-10-21 | TM02 | officers | termination secretary company with name termination date |
| 2024-10-16 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-10-16 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-07-15 | TM01 | officers | termination director company with name termination date |
| 2024-03-28 | SH19 | capital | capital statement capital company with date currency figure |
| 2024-03-28 | SH20 | capital | legacy |
| 2024-03-28 | CAP-SS | insolvency | legacy |
| 2024-03-28 | RESOLUTIONS | resolution | resolution |
| 2024-03-13 | AA01 | accounts | change account reference date company previous shortened |
| 2024-03-13 | AP04 | officers | appoint corporate secretary company with name date |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Composite activity score · components 0–100 · reference 2026-05-09
29.7
COLD
/ 100
- Filings velocity 58
- Capital events 0
- Officer churn 50
- Headcount trajectory 27
- Accounts trajectory 8
- 7 filing(s) in last 12 months
- 0 appointed, 2 resigned (12mo)
- Employees -23% YoY
- Net Assets -42% YoY