DEVTECH LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-16 (in 6mo)
Last made up 2025-11-02
Watchouts
None on the register
Cash
£253K
+233.6% highest in 4 filed years
Net assets
-£249K
-20.3% vs 2021
Employees
2
+100% highest in 4 filed years
Profit before tax
—
Period ending 2022-12-31
Net assets
4-year trend · vs Technology median
Accounts
4-year trend · latest reflected 2022-12-31
Latest accounts filed cover 2024-12-31; financial figures currently reflect up to 2022-12-31.
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | — | — | |
| Operating profit | — | — | — | — | |
| Profit before tax | — | — | — | — | |
| Net profit | — | — | — | — | |
| Cash | £24,267 | £198,683 | £75,877 | £253,154 | |
| Total assets less current liabilities | — | — | -£206,803 | £664,265 | |
| Net assets | -£29,934 | -£414,707 | -£206,803 | -£248,700 | |
| Equity | -£29,934 | -£414,707 | — | — | |
| Average employees | 1 | 1 | 1 | 2 | |
| Wages | — | — | — | — |
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
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- HaysMac LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Following an assessment of future financial performance, including profit and cash flow, the Board of Directors has determined that preparation of the Company's financial statements on a going concern basis is appropriate.”
Group structure
- DEVTECH LIMITED · parent
- Devtech d.o.o 100%
- Devtech Employee Holdings Limited 100%
- Devtech International LLC 100%
- Devtech doo Banja Luka (RS) 100%
- Devtech MAK 100%
- Saturized 100%
Significant events
- “In June 2022, Claret Capital Partners (UK) provided €2.25M, which was fully repaid as part of a new £5M debt facility from Growth Lending (UK) which closed in October 2024.”
- “In 2024, the Company reported a 24% increase in revenue and 53% annual recurring revenue growth, attributed mainly from two new customers that contribute €600K in monthly, or €7.2M in annualised, revenue.”
- “In 2024, the Company issued a warrant to GL 2024 Limited in connection with a new loan facility agreement.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MBM SECRETARIAL SERVICES LIMITED | Corporate Secretary | 2020-08-24 | — | — |
| MILIC, Milovan | Director | 2013-02-19 | Jul 1986 | Serbian |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PRATT, David Jonathan | Director | 2013-02-19 | 2015-04-14 |
| STANISIC, Igor | Director | 2013-02-19 | 2013-11-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Milovan Milic | Individual | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 61 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-10-13 MA Memorandum articles
- 2024-10-13 RESOLUTIONS Resolution
- 2024-10-13 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-09-22 | AA | accounts | Accounts with accounts type group | |
| 2025-03-12 | SH01 | capital | Capital allotment shares | |
| 2025-02-17 | AA | accounts | Accounts with accounts type total exemption full | |
| 2025-01-07 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-01-07 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-12-10 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-10 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-11-28 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-11-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-13 | MA | incorporation | Memorandum articles | |
| 2024-10-13 | RESOLUTIONS | resolution | Resolution | |
| 2024-10-13 | RESOLUTIONS | resolution | Resolution | |
| 2024-10-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-10-07 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-10-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-08-28 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-01-04 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-01-04 | CH01 | officers | Change person director company with change date | |
| 2023-11-02 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 1
- 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
FY2021 → FY2022 · period ending 2022-12-31 vs 2021-12-31
-
Turnover
—
Not reported
-
Cash
+233.6%
£75,877 £253,154
highest in 4 filed years
-
Net assets
-20.3%
-£206,803 -£248,700
-
Employees
+100%
1 2
highest in 4 filed years
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers