UK Companies House feature
LUMINANCE TECHNOLOGIES LTD
Cash
£3M
-16.2% vs 2022
Net assets
£2M
+117.2% vs 2022
Employees
142
-6.6% vs 2022
Profit before tax
—
Period ending 2023-12-31
Profile
- Company number
- 09857705
- Status
- Active
- Incorporation
- 2015-11-05
- 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 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | |
| Net profit | — | -£5,165,954 | — | -£11,284,653 | -£8,322,795 | |
| Cash | — | £2,295,461 | — | £3,734,364 | £3,128,053 | |
| Total assets less current liabilities | — | £3,603,171 | — | £4,132,751 | £2,434,114 | |
| Net assets | — | -£2,501,442 | — | -£13,162,138 | £2,257,983 | |
| Equity | £2,363,282 | -£2,501,442 | -£2,501,442 | -£13,162,138 | £2,257,983 | |
| Average employees | — | 101 | — | 152 | 142 | |
| 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
- Reporting scope
- Consolidated (group)
- Auditor
- Sumer Auditco Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have considered a period of at least one year from the date these financial statements were approved and authorised in assessing the going concern basis of preparation of the Group's financial statements. They have reviewed forecasts and considered the wider business environment. They believe that the Group will have sufficient cash available to continue to trade and to settle its liabilities and other obligations as they fall due for the foreseeable future, being a period of at least 12 months from the date of approval of these financial statements. On this basis, the Directors believe the going concern basis of preparation to be appropriate.”
Subsidiaries
- Luminance Limited · 100% held · Dormant
- Luminance, Inc. · 100% held · USA · Processes sales on behalf of Luminance Technologies Ltd in the USA
- Luminance Technology Ltd · 100% held · Dormant
- Luminance Technologies Pte. Ltd. · 100% held · Singapore · Processes sales on behalf of Luminance Technologies Ltd in Singapore
- Luminance Technologies Canada Ltd. · 100% held · Canada · Processes sales on behalf of Luminance Technologies Ltd in Canada
Significant events
- “The Company adopted new Articles of Association and varied the rights of its shares on 30 January 2025.”
- “The Company redesignated 1,651,292 C Ordinary shares of £0.01 each as 1,651,292 Series A Preferred shares of £0.01 each on 30 January 2025.”
- “The Company issued 1,445,086 Series C Preferred shares of £0.01 each for £60,076,868 cash consideration in January and February 2025.”
- “The Company entered into an operating lease for office premises on 5 March 2025. The minimum term is from 14 April 2025 to 30 August 2027. The annual rent is £1,061,363 starting on 14 November 2025.”
- “The Company and Group changed their functional currency from GBP to USD on 1 April 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
7 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BOROVICK, Harry | Secretary | 2022-08-02 | — | — |
| GOLUNSKI, Charlotte Katherine Clare | Director | 2022-02-07 | Feb 1989 | British |
| KANTER, Andrew Mark | Director | 2016-09-13 | Jul 1969 | American |
| KING, Martina | Director | 2024-11-19 | Mar 1961 | British |
| KOO, Hyun | Director | 2024-03-11 | Feb 1989 | American |
| LIGHTBODY, Eleanor | Director | 2024-03-11 | Aug 1991 | British |
| STOKES, Tara | Director | 2025-10-24 | Nov 1991 | American |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KANTER, Andrew Mark | Secretary | 2022-02-08 | 2022-08-02 |
| KANTER, Andrew Mark | Secretary | 2016-09-13 | 2021-08-02 |
| STEPHENS, Jason | Secretary | 2021-08-02 | 2022-02-08 |
| CHANDRASEKAR, Sriram | Director | 2025-01-30 | 2025-10-24 |
| COLOMAR, Vanessa | Director | 2016-09-13 | 2024-03-11 |
| FOCA, Vasile | Director | 2016-11-25 | 2025-01-30 |
| HARRIS, Elizabeth Jane | Director | 2015-11-05 | 2016-09-13 |
| LYNCH, Michael Richard, Dr | Director | 2016-09-13 | 2022-02-04 |
| WEBB, Robert Stopford | Director | 2016-10-17 | 2023-12-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ms Angela Bacares | Individual | Shares 25–50% | 2023-04-17 | Active |
| Luminance Holding Limited | Corporate entity | Shares 50–75%, Appoints directors | 2020-04-04 | Ceased 2024-03-11 |
| Icp London Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-09-13 | Ceased 2020-04-04 |
Filing timeline
Last 20 of 116 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-12-30 | RP01SH01 | miscellaneous | legacy |
| 2025-12-30 | RP01SH01 | miscellaneous | legacy |
| 2025-11-13 | AP01 | officers | appoint person director company with name date |
| 2025-11-13 | TM01 | officers | termination director company with name termination date |
| 2025-11-11 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-10-22 | SH01 | capital | capital allotment shares |
| 2025-10-22 | SH01 | capital | capital allotment shares |
| 2025-10-21 | SH01 | capital | capital allotment shares |
| 2025-10-02 | AA | accounts | accounts with accounts type group |
| 2025-02-18 | MA | incorporation | memorandum articles |
| 2025-02-18 | RESOLUTIONS | resolution | resolution |
| 2025-02-18 | SH01 | capital | capital allotment shares |
| 2025-02-18 | TM01 | officers | termination director company with name termination date |
| 2025-02-18 | SH10 | capital | capital variation of rights attached to shares |
| 2025-02-18 | AP01 | officers | appoint person director company with name date |
| 2025-02-18 | SH08 | capital | capital name of class of shares |
| 2025-01-15 | AP01 | officers | appoint person director company with name date |
| 2025-01-13 | AD01 | address | change registered office address company with date old address new address |
| 2024-10-24 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-10-11 | SH01 | capital | capital allotment shares |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory