UK Companies House feature
ELDER TECHNOLOGIES LIMITED
Cash
£2M
-10.6% vs 2021
Net assets
-£157K
-102.9% vs 2021
Employees
129
+25.2% vs 2021
Profit before tax
-£6M
-120.4% vs 2021
Profile
- Company number
- 09803204
- Status
- Active
- Incorporation
- 2015-10-01
- Last accounts made up
- 2025-03-31
- Account category
- FULL
- Primary SIC
- 62012
Net assets
4-year trend · vs UK AI & Enterprise SaaS median
Accounts
4-year trend · latest 2022-03-31
| Metric | Trend | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £6,951,051 | £7,336,362 | |
| Operating profit | — | — | -£2,862,193 | -£6,068,984 | |
| Profit before tax | — | — | -£2,942,066 | -£6,484,587 | |
| Net profit | — | — | -£2,357,307 | -£5,782,135 | |
| Cash | — | — | £2,193,802 | £1,960,244 | |
| Total assets less current liabilities | — | — | £5,502,525 | £2,721,716 | |
| Net assets | — | — | £5,458,721 | -£157,350 | |
| Equity | £2,388,310 | £7,577,350 | £5,458,721 | -£157,350 | |
| Average employees | — | — | 103 | 129 | |
| Wages | — | — | £4,526,535 | £6,183,233 |
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
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“Material uncertainty related to going concern. We draw attention to Note 1.2 of the financial statements, which indicates that the company incurred a net loss during the year ended 31 March 2025 and, as of that date, the company's current liabilities exceeded its total assets. As stated in Note 1.2, the direct”
Subsidiaries
- Elder UK Services Limited · 100% held · UK
Significant events
- “The last 12 months have also seen a significant milestone - the launch of our new Visiting Care service.”
- “Post year end, the company's loan agreement with IPF Invest Co 2 S.A.R.L was amended so as to provide the company with an additional €900,000 (the equivalent of £759,476 on 22 May 2025) to assist with working capital needs.”
- “On 2 October 2024 the company renegotiated its loan facility with IPF Invest Co 2 S.A.R.L. Linked to the rearrangement of the loan facility a new holding company, Elder Topco Limited, was incorporated on 24 September 2024. Elder Topco Limited acquired all of the share capital of Elder Technologies Limited.”
- “On 22 May 2025, the company's loan agreement with IPF Invest Co 2 S.A.R.L was amended providing the Company with an additional €900,000 (the equivalent of £759,476 on 22 May 2025) facility. This facility was drawn down in full by 4th July 2025.”
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
4 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DOWDS, Peter Gerard | Director | 2015-10-01 | Sep 1986 | British |
| GUILLET, Edouard | Director | 2024-10-02 | Aug 1973 | French |
| MURPHY, Stephen Thomas | Director | 2020-12-01 | Aug 1956 | British |
| NEU, Jan | Director | 2025-06-26 | Mar 1993 | German |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BRANDE, Barend Van Den | Director | 2015-12-02 | 2019-08-28 |
| BRANDE, Barend Van Den | Director | 2015-11-09 | 2015-11-12 |
| BROOKS, Thomas Robert | Director | 2015-10-01 | 2019-02-11 |
| DOLAN, Camilla | Director | 2016-09-08 | 2017-03-28 |
| MACFARLANE, Bruce Ferguson | Director | 2017-03-28 | 2024-10-02 |
| NEFTEL, Steven Alexandre Nicolas | Director | 2024-10-02 | 2025-06-26 |
| WOSSAGK, Sebastian | Director | 2019-12-17 | 2024-10-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Elder Topco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-10-02 | Active |
| Acton Fund V Gmbh & Co. Kg | Corporate entity | Shares 25–50% | 2022-09-07 | Ceased 2024-10-02 |
| Mainsprings Nominees Limited | Corporate entity | Shares 25–50%, Voting 25–50%, Appoints directors | 2018-12-11 | Ceased 2022-09-07 |
| Mainspring Nominees (2) Limited | Corporate entity | Shares 25–50% | 2017-12-28 | Ceased 2022-09-07 |
| Mr Peter Gerard Dowds | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2018-11-27 |
| Mr Thomas Robert Brooks | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2018-11-27 |
Filing timeline
Last 20 of 109 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-01-29 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-12-17 | AA | accounts | accounts with accounts type full |
| 2025-10-24 | AD01 | address | change registered office address company with date old address new address |
| 2025-06-30 | AP01 | officers | appoint person director company with name date |
| 2025-06-30 | TM01 | officers | termination director company with name termination date |
| 2025-01-09 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-01-08 | AA | accounts | accounts with accounts type full |
| 2024-10-27 | MA | incorporation | memorandum articles |
| 2024-10-27 | RESOLUTIONS | resolution | resolution |
| 2024-10-11 | AP01 | officers | appoint person director company with name date |
| 2024-10-11 | AP01 | officers | appoint person director company with name date |
| 2024-10-11 | TM01 | officers | termination director company with name termination date |
| 2024-10-11 | TM01 | officers | termination director company with name termination date |
| 2024-10-11 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2024-10-11 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-10-08 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-04-19 | RESOLUTIONS | resolution | resolution |
| 2024-04-19 | MA | incorporation | memorandum articles |
| 2024-04-11 | SH01 | capital | capital allotment shares |
| 2024-01-08 | AA | accounts | accounts with accounts type full |
Credit score
Altman Z″ (private-firm) · reference 2022-03-31
-6.06
DISTRESS
Altman Z″
- Working capital / Total assets -0.198 × 6.56 = -1.30
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -0.706 × 6.72 = -4.74
- Book equity / Total liabilities -0.018 × 1.05 = -0.02
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