UK Companies House feature
SEND TECHNOLOGY SOLUTIONS LIMITED
Cash
£6M
-5.4% vs 2023
Net assets
£5M
-46.6% vs 2023
Employees
63
+14.5% vs 2023
Profit before tax
-£4M
-70.6% vs 2023
Profile
- Company number
- 10838357
- Status
- Active
- Incorporation
- 2017-06-27
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 62012
Net assets
6-year trend · vs UK AI & Enterprise SaaS median
Accounts
6-year trend · latest 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | -£2,192,351 | -£3,740,917 | |
| Net profit | — | — | — | — | -£2,016,496 | -£4,301,792 | |
| Cash | £539,543 | £968,533 | £577,590 | — | £6,527,893 | £6,176,714 | |
| Total assets less current liabilities | £500,300 | — | £2,269,872 | — | £10,030,203 | £9,754,980 | |
| Net assets | £497,545 | — | £1,862,777 | — | £8,674,881 | £4,635,388 | |
| Equity | £497,545 | — | £1,862,777 | — | £8,674,881 | £4,635,388 | |
| Average employees | 5 | 6 | 14 | — | 55 | 63 | |
| Wages | — | — | — | — | £3,987,093 | £5,204,073 |
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
- TC Group
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“We draw attention to Note 1.2 in the financial statements which highlights that the company will not have sufficient liquidity to continue to realise its assets and discharge its liabilities beyond April 2026 unless additional external funding is secured and other mitigating actions are implemented. These events and conditions, along with other matters set forth in that Note, indicate that a material uncertainty exists that may cast doubt on the company's ability to continue as a going concern.”
Significant events
- “In 2024, the Company arranged a convertible loan note with existing shareholders to further support ongoing growth and provide additional flexibility for its liquidity requirements.”
- “On 25 June 2025, the Company drew down an additional £1.5 million under its existing unsecured convertible loan note. The terms remain unchanged, with a 10% coupon and conversion rights.”
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
8 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WATHEN, Laura | Secretary | 2025-11-14 | — | — |
| BATTERHAM, Christopher Michael | Director | 2022-11-02 | Mar 1955 | British |
| CATTS, Darryl | Director | 2022-01-25 | Jul 1968 | American |
| HUCKEL, Benjamin | Director | 2017-06-27 | Oct 1972 | British |
| LOUGH, Hugo Alexander | Director | 2025-02-11 | Apr 1991 | English |
| MCGRILLIS, Matthew | Director | 2017-06-27 | Mar 1976 | British |
| MOSS, Andrew | Director | 2017-06-27 | May 1978 | British |
| SHELLARD, Daniel Robert | Director | 2023-06-26 | Sep 1982 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| WHITE, Stacey | Secretary | 2022-12-08 | 2025-06-20 |
| DRUMMOND, Maxence | Director | 2022-11-02 | 2023-06-26 |
| SAFFER, Paul Graham | Director | 2017-07-01 | 2022-08-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Matthew Mcgrillis | Individual | Shares 25–50% | 2017-06-27 | Ceased 2022-11-29 |
| Mr Andrew Moss | Individual | Shares 25–50% | 2017-06-27 | Ceased 2022-11-29 |
| Mr Benjamin Huckel | Individual | Shares 25–50% | 2017-06-27 | Ceased 2022-11-29 |
Filing timeline
Last 20 of 57 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-01-20 | CH01 | officers | change person director company with change date |
| 2026-01-20 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-12-30 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-11-14 | AP03 | officers | appoint person secretary company with name date |
| 2025-09-30 | AA | accounts | accounts with accounts type full |
| 2025-06-30 | TM02 | officers | termination secretary company with name termination date |
| 2025-02-25 | MA | incorporation | memorandum articles |
| 2025-02-25 | RESOLUTIONS | resolution | resolution |
| 2025-02-12 | AP01 | officers | appoint person director company with name date |
| 2025-01-16 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-09-30 | AA | accounts | accounts with accounts type total exemption full |
| 2024-01-29 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-09-18 | AA | accounts | accounts with accounts type total exemption full |
| 2023-07-06 | AP01 | officers | appoint person director company with name date |
| 2023-07-06 | TM01 | officers | termination director company with name termination date |
| 2023-06-27 | RESOLUTIONS | resolution | resolution |
| 2023-01-16 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-01-05 | SH10 | capital | capital variation of rights attached to shares |
| 2023-01-05 | SH08 | capital | capital name of class of shares |
| 2022-12-15 | AP03 | officers | appoint person secretary company with name date |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
0.01
DISTRESS
Altman Z″
- Working capital / Total assets 0.167 × 6.56 = +1.09
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -0.220 × 6.72 = -1.48
- Book equity / Total liabilities 0.376 × 1.05 = +0.40
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
Composite activity score · components 0–100 · reference 2026-05-09
32.7
COLD
/ 100
- Filings velocity 50
- Capital events 0
- Officer churn 50
- Headcount trajectory 65
- Accounts trajectory 3
- 6 filing(s) in last 12 months
- 1 appointed, 1 resigned (12mo)
- Employees +15% YoY
- Net Assets -47% YoY