DATA GRID SOLUTIONS PLC
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Next accounts due
2026-10-26 (in 5mo)
Last filed for 2025-04-30
Confirmation statement due
2027-05-02 (in 1y)
Last made up 2026-04-18
Watchouts
Cash
£2M
-45.7% vs 2024
Net assets
-£12M
-43.5% lowest in 6 filed years
Employees
4
0% vs 2024
Profit before tax
-£4M
-1.8% lowest in 5 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
During the year the company incurred a loss of £3,782,202 and, as at the balance sheet date the company's liabilities exceeded its total assets by £12,482,998 (2024: £8,700,796). These conditions indicate the existence of a material uncertainty which may cast doubt about the company's ability to continue as a going concern.
Net assets
10-year trend · vs Technology median
Accounts
10-year trend · latest reflected 2025-04-30
| Metric | Trend | 2020-04-30 | 2020-05-01 | 2021-04-30 | 2021-05-01 | 2022-04-30 | 2022-05-01 | 2023-04-30 | 2023-05-01 | 2024-04-30 | 2025-04-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | £232,511 | — | £808,232 | — | — | — | — | — | £41,507 | £339,191 | |
| Operating profit | £236,377 | — | £2,492,419 | — | £1,801,194 | — | £170,504 | — | -£845,628 | -£1,404,629 | |
| Profit before tax | — | — | £695,974 | — | -£262,067 | — | -£1,956,330 | — | -£3,715,689 | -£3,782,202 | |
| Net profit | -£1,662,492 | — | £695,974 | — | -£262,067 | — | -£1,956,330 | — | -£3,715,689 | -£3,782,202 | |
| Cash | £155,033 | £155,033 | £1,949,618 | £1,949,618 | £5,477,173 | £5,477,173 | £4,523,003 | £4,523,003 | £3,478,472 | £1,887,167 | |
| Total assets less current liabilities | £74,121,347 | — | £77,629,223 | — | £76,788,007 | — | £77,729,904 | — | £77,023,279 | £76,905,785 | |
| Net assets | -£3,462,684 | — | -£2,766,710 | — | -£3,028,777 | — | -£4,985,107 | — | -£8,700,796 | -£12,482,998 | |
| Equity | -£3,462,684 | -£3,462,684 | -£2,766,710 | -£2,766,710 | -£3,028,777 | -£3,028,777 | -£4,985,107 | -£4,985,107 | -£8,700,796 | -£12,482,998 | |
| Average employees | 4 | — | 5 | — | 4 | — | 4 | — | 4 | 4 | |
| Wages | £218,075 | — | £224,173 | — | £126,051 | — | £83,638 | — | £205,975 | £677,464 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-04-30 | 2020-05-01 | 2021-04-30 | 2021-05-01 | 2022-04-30 | 2022-05-01 | 2023-04-30 | 2023-05-01 | 2024-04-30 | 2025-04-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | 101.7% | — | 308.4% | — | — | — | — | — | -2037.3% | -414.1% | |
| Net margin | -715.0% | — | 86.1% | — | — | — | — | — | -8952.0% | -1115.1% | |
| Return on capital employed | 0.3% | — | 3.2% | — | 2.3% | — | 0.2% | — | -1.1% | -1.8% | |
| Interest cover | 0.09x | — | 0.81x | — | 0.61x | — | 0.06x | — | -0.28x | -0.45x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Sumer Auditco Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“During the year the company incurred a loss of £3,782,202 and, as at the balance sheet date the company's liabilities exceeded its total assets by £12,482,998 (2024: £8,700,796). These conditions indicate the existence of a material uncertainty which may cast doubt about the company's ability to continue as a going concern.”
Significant events
- “The Company has continued with the development of IT solutions and IT infrastructure for Financial services companies. The Company started investing in the development of an intangible asset which amounted a total investment of £2,654,385 (2024: £1,676,991) during the year.”
- “Administrative expenses have increased to £1,785,268 from £850,726 in the year 30 April 2025. This increase has been led by staff expense increases, significant expenditure in software development and IT subscriptions, intangible asset amortisation and foreign exchange losses.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BOBYLOV, Oleksandr | Secretary | 2017-04-19 | — | — |
| BOBYLOV, Oleksandr | Director | 2017-04-19 | Mar 1979 | British |
| KAGANOVICH, Dmitry | Director | 2017-04-19 | Oct 1983 | Israeli |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Data Grid Holdings Ltd. | Corporate entity | Shares 75–100% | 2017-04-19 | Ceased 2017-04-19 |
| Mr Dmitry Kaganovich | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-04-19 | Active |
Filing timeline
Last 20 of 40 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-05 | CH01 | officers | Change person director company with change date | |
| 2026-05-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-26 | AA | accounts | Accounts with accounts type full | |
| 2025-05-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-24 | AA | accounts | Accounts with accounts type full | |
| 2024-04-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-26 | AA | accounts | Accounts with accounts type full | |
| 2023-06-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-24 | AA | accounts | Accounts with accounts type full | |
| 2023-01-25 | AA01 | accounts | Change account reference date company previous shortened | |
| 2022-06-17 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-06-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-17 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-06-08 | CH01 | officers | Change person director company with change date | |
| 2022-04-26 | AA | accounts | Accounts with accounts type full | |
| 2022-01-26 | AA01 | accounts | Change account reference date company previous shortened | |
| 2021-10-25 | AA | accounts | Accounts with accounts type full | |
| 2021-08-06 | CH01 | officers | Change person director company with change date | |
| 2021-08-06 | CH03 | officers | Change person secretary company with change date | |
| 2021-08-06 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-04-30 vs 2024-04-30
-
Turnover
+717.2%
£41,507 £339,191
-
Cash
-45.7%
£3,478,472 £1,887,167
-
Net assets
-43.5%
-£8,700,796 -£12,482,998
lowest in 6 filed years
-
Employees
0%
4 4
-
Operating profit
-66.1%
-£845,628 -£1,404,629
lowest in 6 filed years
-
Profit before tax
-1.8%
-£3,715,689 -£3,782,202
lowest in 5 filed years
-
Wages
+228.9%
£205,975 £677,464
highest in 6 filed years
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers