UK Companies House feature
CEX.IO LTD
Cash
£7M
+9.6% vs 2023
Net assets
£10M
+68.8% vs 2023
Employees
7
-41.7% vs 2023
Profit before tax
-£619K
+34.4% vs 2023
Profile
- Company number
- 08757996
- Status
- Active
- Incorporation
- 2013-11-01
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 62012
Net assets
6-year trend · vs UK AI & Enterprise SaaS median
Accounts
6-year trend · latest 2024-12-31
| Metric | Trend | 2019-11-30 | 2020-11-30 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £10,622,955 | £9,964,264 | |
| Operating profit | — | — | — | — | -£757,346 | -£459,642 | |
| Profit before tax | — | — | — | — | -£943,824 | -£619,195 | |
| Net profit | — | — | — | — | -£943,824 | -£619,195 | |
| Cash | — | £1,560,323 | — | — | £6,196,337 | £6,790,815 | |
| Total assets less current liabilities | — | £8,477,284 | — | — | £11,283,465 | £11,686,270 | |
| Net assets | — | — | — | — | £6,149,606 | £10,378,931 | |
| Equity | £1,070,901 | £8,477,284 | £18,617,112 | £7,093,430 | £6,149,606 | £10,378,931 | |
| Average employees | — | 45 | — | — | 12 | 7 | |
| Wages | — | — | — | — | £1,105,380 | £682,998 |
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
- Zenith Audit Ltd
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis. CEX.IO Holding Ltd, Cyprus, the immediate parent company, and Mr O Lutskevych, the ultimate beneficial owner, have provided the company available such funds as are needed by the company to enable it to meet its liabilities as and when they fall due. This together with the company's own working capital will, in the opinion of the directors, enable the company to continue in operational existence for the foreseeable future.”
Significant events
- “The company's management continues to perceive a significant risk in having contractors based in Ukraine and the continuation of the armed conflict on its territory. In 2024, this risk was further reduced by continued relocation.”
- “The group faced exits from several markets necessitated by regulators in many countries limiting crypto service provision to companies that obtain a local licence.”
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 · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LUTSKEVYCH, Oleksandr, Mr. | Director | 2013-11-01 | Feb 1982 | Ukrainian |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ANISSIMOV, Konstantin | Director | 2020-03-05 | 2023-01-20 |
| KALYNOVSKYI, Dmytro, Mr. | Director | 2019-07-23 | 2022-03-31 |
| KEDYK, Vitalii, Mr. | Director | 2017-03-06 | 2019-09-12 |
| OLEKSANDR, Ushchapovskyi | Director | 2013-11-01 | 2013-11-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Oleksandr Lutskevych | Individual | Significant influence | 2016-08-11 | Active |
Filing timeline
Last 20 of 67 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-23 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-12-08 | AA | accounts | accounts with accounts type full |
| 2025-06-30 | AD01 | address | change registered office address company with date old address new address |
| 2025-04-07 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-08-15 | AA | accounts | accounts with accounts type group |
| 2024-03-20 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-11-13 | AA | accounts | accounts with accounts type group |
| 2023-10-02 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-04-21 | AA | accounts | accounts with accounts type group |
| 2023-03-11 | DISS40 | gazette | gazette filings brought up to date |
| 2023-03-07 | GAZ1 | gazette | gazette notice compulsory |
| 2023-02-01 | TM01 | officers | termination director company with name termination date |
| 2022-10-06 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-06-24 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2022-06-24 | CH01 | officers | change person director company with change date |
| 2022-03-31 | TM01 | officers | termination director company with name termination date |
| 2022-01-06 | CH01 | officers | change person director company with change date |
| 2021-12-15 | AA | accounts | accounts with accounts type small |
| 2021-11-29 | AA01 | accounts | change account reference date company current extended |
| 2021-10-06 | CS01 | confirmation-statement | confirmation statement with updates |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
6.43
SAFE
Altman Z″
- Working capital / Total assets 0.670 × 6.56 = +4.40
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -0.030 × 6.72 = -0.20
- Book equity / Total liabilities 2.135 × 1.05 = +2.24
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
Filings velocity, capital events, officer churn, accounts trajectory