UK Companies House feature
QIO TECHNOLOGIES LTD
Cash
£337K
-88.4% vs 2023
Net assets
-£6M
-254.8% vs 2023
Employees
28
-39.1% vs 2023
Profit before tax
—
Period ending 2024-12-31
Profile
- Company number
- 09368431
- Status
- Active
- Incorporation
- 2014-12-29
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- Primary SIC
- 62012
Net assets
7-year trend · vs UK AI & Enterprise SaaS median
Accounts
7-year trend · latest 2024-12-31
| Metric | Trend | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | — | — | |
| Net profit | — | -£2,461,087 | — | -£1,857,212 | — | -£4,259,857 | -£4,491,276 | |
| Cash | — | £711,971 | — | £261,358 | — | £2,897,634 | £336,563 | |
| Total assets less current liabilities | — | £26,363 | — | -£1,399,013 | — | £1,915,165 | -£1,817,869 | |
| Net assets | — | -£3,958,596 | — | -£1,618,209 | — | -£1,736,970 | -£6,163,314 | |
| Equity | -£3,608,370 | -£3,958,596 | -£3,958,596 | -£1,618,209 | -£1,618,209 | -£1,736,970 | -£6,163,314 | |
| Average employees | — | 27 | — | 0 | — | 46 | 28 | |
| 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 §1A
- Reporting scope
- Consolidated (group)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- James Cowper Kreston Audit
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The Group will continue to seek additional fundraising to support its commercial activities. The directors have a track record of successfully raising funds from both new and existing shareholders. Accordingly, the directors consider it appropriate to prepare the financial statements on a going concern basis, while acknowledging that a material uncertainty exists regarding the success, scale, and timing of future fundraising.”
Subsidiaries
- QiO Technologies Gmbh · 100% held · Germany
- QiO Technologies (US) Limited Inc · 100% held · USA
- QiO Technologies India Private Ltd · 100% held · India
Significant events
- “Following the year end, QiO Technologies has issued additional convertible loan notes of $650,000 with WAVE Equity Partners LLC.”
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 · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BOURTON, Gary | Secretary | 2025-04-11 | — | — |
| BOURTON, Gary | Director | 2025-04-11 | Feb 1972 | British |
| PARKER, Ryan | Director | 2024-11-07 | Mar 1973 | American |
| RANICH, Rebecca | Director | 2023-11-02 | Jul 1957 | American |
| ROBINSON, Mark Ivers | Director | 2022-12-23 | Sep 1963 | American |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BIRCH, Edward | Secretary | 2020-01-01 | 2023-07-13 |
| MILLICAN, Thomas James | Secretary | 2023-07-13 | 2025-03-03 |
| BUCKLAND, Timothy Andrew | Director | 2014-12-29 | 2015-01-30 |
| HAYTHORNTHWAITE, Richard Neil | Director | 2015-01-30 | 2023-12-21 |
| KHUTI, Bharat Abna | Director | 2015-01-30 | 2022-06-29 |
| MILLICAN, Thomas James | Director | 2024-11-07 | 2025-03-03 |
| PANDHARE, Rajendra | Director | 2020-11-02 | 2023-12-15 |
| SAHAY, Praveen Kant | Director | 2022-12-23 | 2023-11-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Wave Equity Fund Iii, Lp | Corporate entity | Shares 25–50%, Voting 25–50% | 2023-10-20 | Active |
| Mr Bharat Asna Khuti | Individual | Voting 25–50% | 2016-04-06 | Ceased 2022-12-23 |
Filing timeline
Last 20 of 81 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-23 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-09-09 | CH03 | officers | change person secretary company with change date |
| 2025-09-09 | AA | accounts | accounts with accounts type group |
| 2025-04-15 | AP03 | officers | appoint person secretary company with name date |
| 2025-04-15 | AP01 | officers | appoint person director company with name date |
| 2025-03-11 | TM02 | officers | termination secretary company with name termination date |
| 2025-03-11 | TM01 | officers | termination director company with name termination date |
| 2025-02-17 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-11-15 | AP01 | officers | appoint person director company with name date |
| 2024-11-15 | AP01 | officers | appoint person director company with name date |
| 2024-09-29 | RESOLUTIONS | resolution | resolution |
| 2024-04-08 | AA | accounts | accounts with accounts type group |
| 2024-01-31 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2024-01-30 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-01-30 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2024-01-29 | PSC09 | persons-with-significant-control | withdrawal of a person with significant control statement |
| 2023-12-22 | TM01 | officers | termination director company with name termination date |
| 2023-12-22 | TM01 | officers | termination director company with name termination date |
| 2023-11-15 | AP01 | officers | appoint person director company with name date |
| 2023-11-14 | TM01 | officers | termination director company with name termination date |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory