UK Companies House feature
ZIFLOW LIMITED
Cash
£2M
-56.7% vs 2022
Net assets
-£7M
-103.5% vs 2022
Employees
2
0% vs 2022
Profit before tax
—
Period ending 2023-12-31
Profile
- Company number
- 09819483
- Status
- Active
- Incorporation
- 2015-10-12
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- Primary SIC
- 62012
Net assets
5-year trend · vs UK AI & Enterprise SaaS median
Accounts
5-year trend · latest 2023-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | |
| Net profit | — | — | — | — | — | |
| Cash | £123,392 | £1,010,540 | £1,498,957 | £4,661,277 | £2,019,280 | |
| Total assets less current liabilities | £577,017 | £1,309,214 | £1,968,134 | £2,308,560 | -£1,045,606 | |
| Net assets | -£4,029,619 | -£4,975,578 | -£5,452,775 | -£3,410,725 | -£6,942,518 | |
| Equity | -£4,029,619 | -£4,975,578 | — | — | — | |
| Average employees | 26 | 35 | 52 | 2 | 2 | |
| 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)
- Auditor
- Saffery LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors of the company have reasonable expectation that the company has adequate resources to continue in operation for the foreseeable future. In making their assessment, the directors have considered the company's current year trading losses, cash flow and balance sheet position. Therefore, the directors are confident in the company's ability to continue trading and thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Subsidiaries
- Ziflow Inc · 100% held · Dallas, TX 75254
Significant events
- “During the prior year, the group had two loans of £1,259,319 owing to Riverside Acceleration Capital Fund, LP. Loan 1 had a principal value of $2,000,000 and a term of 5 years. Both loans were repaid in full on 29 May 2024.”
- “During the year, Ziflow Limited was granted a loan of up to $4,500,000 by HSBC Innovation Bank Limited. The first tranche of $3,000,000 was drawn down. The loan accrues interest at a floating rate and is repayable in 30 instalments commencing 1 June 2025.”
- “On 29 May 2024, the Company issued $2,500,000 of convertible loan notes. The notes are convertible into Preference shares of the Company, accrue interest at a rate of 6% per year, and have a maturity date of 29 November 2027.”
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
6 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KEYSTONE LAW LIMITED | Corporate Secretary | 2024-03-14 | — | — |
| ATKINSON, Matthew John | Director | 2015-10-12 | Aug 1967 | British |
| DRILLINGS, Jonathan | Director | 2022-12-06 | Nov 1982 | American |
| RAOUF, Firas Adnan | Director | 2020-05-20 | Sep 1967 | American |
| VOLPE, Michael Louis | Director | 2024-02-27 | Mar 1975 | Armenian |
| WELGEMOED, Anthony | Director | 2015-10-12 | Sep 1978 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MUNDAY LONG ACCOUNTING SERVICES LIMITED | Corporate Secretary | 2015-10-12 | 2024-03-01 |
| DUGALD STETIC, John | Director | 2021-11-01 | 2024-02-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Matthew John Atkinson | Individual | Shares 25–50% | 2024-10-21 | Active |
| Mesa Investment Limited | Corporate entity | Shares 25–50% | 2016-04-06 | Ceased 2024-10-21 |
| Mr Anthony Welgemoed | Individual | Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 70 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-11-27 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-10-16 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-07-09 | AA | accounts | accounts with accounts type group |
| 2024-11-12 | PSC01 | persons-with-significant-control | notification of a person with significant control |
| 2024-11-12 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-10-11 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-10-11 | CH01 | officers | change person director company with change date |
| 2024-10-11 | CH01 | officers | change person director company with change date |
| 2024-09-27 | AA | accounts | accounts with accounts type total exemption full |
| 2024-06-03 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-05-31 | MA | incorporation | memorandum articles |
| 2024-05-31 | RESOLUTIONS | resolution | resolution |
| 2024-05-31 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-03-19 | TM01 | officers | termination director company with name termination date |
| 2024-03-19 | AP01 | officers | appoint person director company with name date |
| 2024-03-14 | CH01 | officers | change person director company with change date |
| 2024-03-14 | CH01 | officers | change person director company with change date |
| 2024-03-14 | CH01 | officers | change person director company with change date |
| 2024-03-14 | CH01 | officers | change person director company with change date |
| 2024-03-14 | PSC04 | persons-with-significant-control | change to a person with significant control |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory