UK Companies House feature
TYK TECHNOLOGIES LIMITED
Cash
£4M
-48.6% vs 2023
Net assets
£784K
-86.2% vs 2023
Employees
44
0% vs 2023
Profit before tax
—
Period ending 2025-01-31
Profile
- Company number
- 09727592
- Status
- Active
- Incorporation
- 2015-08-11
- Last accounts made up
- 2025-01-31
- Account category
- GROUP
- Primary SIC
- 62012
Net assets
5-year trend · vs UK AI & Enterprise SaaS median
Accounts
5-year trend · latest 2025-01-31
| Metric | Trend | 2020-05-31 | 2020-12-31 | 2022-12-31 | 2023-12-31 | 2025-01-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | |
| Net profit | — | — | -£8,656,696 | -£7,183,114 | -£4,962,757 | |
| Cash | £1,973,515 | £2,607,602 | £12,076,184 | £7,549,500 | £3,879,240 | |
| Total assets less current liabilities | £1,606,897 | £2,003,275 | — | £6,918,782 | £2,318,493 | |
| Net assets | £1,588,330 | £1,984,896 | £12,489,164 | £5,668,227 | £783,514 | |
| Equity | £1,588,330 | £1,984,896 | — | £5,668,227 | £783,514 | |
| Average employees | 26 | 35 | 54 | 44 | 44 | |
| Wages | — | — | £4,779,845 | £4,466,714 | £4,993,051 |
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
- Moore Kingston Smith LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “The current reporting period is longer than one year as the reporting date was extended to 31 January from 31 December for commercial reasons.”
- “On 11 July 2023 the Company entered into a loan facility where a maximum of 984 warrants over B preferred shares could be issued to the lender over the term of the facility at an exercise price per share of £384.61. 487 warrants were issued when the loan facility was agreed. During the current period the loan facility lapsed so the remaining 487 warrants have not been issued. The existing warrants remain exercisable until 2033.”
- “In May 2024 27 Ordinary shares were issued for consideration of £92.31 per share. Also in May 2024, 50 Ordinary shares were issued for consideration of £5.77 per share. In August 2024, 98 Ordinary shares were issued for consideration of £0.73 per share.”
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 · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| COWEN, Jessica | Secretary | 2022-03-02 | — | — |
| BRENNAN, Martin Francis | Director | 2023-04-03 | Sep 1980 | British |
| BUHR, Martin Philip | Director | 2015-08-11 | May 1982 | German |
| HIRST, James Grenville | Director | 2015-08-11 | Oct 1978 | English |
| MURRAY, Andrew Richard, Mr. | Director | 2018-09-06 | Dec 1978 | British |
| NOREN, Carl Pontus | Director | 2020-04-28 | Mar 1973 | Swedish |
| SAMAAN, Mina | Director | 2021-01-14 | Apr 1991 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAILEY, Daniel Luke James | Director | 2019-04-04 | 2021-01-13 |
| BRENNAN, Martin Francis | Director | 2022-10-26 | 2022-10-27 |
| DAVIDSON, Keith | Director | 2021-09-07 | 2023-04-03 |
| MALHOTRA, Nitish | Director | 2023-06-21 | 2023-06-26 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mainspring Nominees (2) Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2020-10-30 | Ceased 2021-09-06 |
| Mr Andrew Richard Murray | Individual | Significant influence | 2018-07-10 | Active |
| Mr James Grenville Hirst | Individual | Significant influence | 2016-04-06 | Active |
| Mr Martin Philip Buhr | Individual | Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 138 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-05-06 | SH01 | capital | capital allotment shares |
| 2025-10-15 | SH01 | capital | capital allotment shares |
| 2025-10-02 | AA | accounts | accounts with accounts type group |
| 2025-09-02 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-09-01 | SH01 | capital | capital allotment shares |
| 2025-09-01 | SH01 | capital | capital allotment shares |
| 2025-09-01 | SH01 | capital | capital allotment shares |
| 2025-08-28 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2025-06-30 | SH01 | capital | capital allotment shares |
| 2025-06-30 | SH01 | capital | capital allotment shares |
| 2025-01-13 | AA01 | accounts | change account reference date company current extended |
| 2025-01-07 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-09-02 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-08-30 | SH01 | capital | capital allotment shares |
| 2024-07-11 | CH01 | officers | change person director company with change date |
| 2024-07-11 | CH01 | officers | change person director company with change date |
| 2024-07-11 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2024-07-11 | AD01 | address | change registered office address company with date old address new address |
| 2024-07-11 | CH01 | officers | change person director company with change date |
| 2024-07-11 | CH03 | officers | change person secretary company with change date |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory