UK Companies House feature
MINIMUM SPANNING TECHNOLOGIES LIMITED
Cash
£7M
-92.6% vs 2022
Net assets
-£4M
+84.7% vs 2022
Employees
1
0% vs 2022
Profit before tax
£19M
+6.1% vs 2022
Profile
- Company number
- 10889544
- Status
- Active
- Incorporation
- 2017-07-28
- Last accounts made up
- 2023-12-31
- Account category
- FULL
- Primary SIC
- 62012
Net assets
9-year trend · vs UK AI & Enterprise SaaS median
Accounts
9-year trend · latest 2023-12-31
| Metric | Trend | 2018-04-01 | 2019-03-31 | 2020-03-31 | 2020-04-01 | 2020-12-31 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | — | £39,032,616 | £27,236,401 | |
| Operating profit | — | — | — | — | — | — | — | £24,293,594 | £10,427,331 | |
| Profit before tax | — | — | — | — | — | — | — | £17,588,322 | £18,662,010 | |
| Net profit | — | £12,805 | £21,758 | — | — | — | — | £2,493,757 | £18,461,349 | |
| Cash | — | £1,924,217 | £4,793,124 | — | £5,697,141 | £84,925,202 | £84,925,202 | £92,076,791 | £6,840,033 | |
| Total assets less current liabilities | — | £367,165 | £235,443 | — | £412,576 | £3,531,217 | — | -£25,227,126 | -£3,868,211 | |
| Net assets | — | £30,278 | £235,443 | — | £412,576 | £3,531,217 | — | -£25,227,126 | -£3,868,211 | |
| Equity | £166,098 | £30,278 | £235,443 | £260,518 | £412,576 | £3,531,217 | -£27,720,881 | -£25,227,126 | -£3,868,211 | |
| Average employees | — | 5 | 2 | — | 2 | 1 | — | 1 | 1 | |
| Wages | — | — | — | — | — | — | — | — | £38,205 |
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
- HT Digital Ltd
- Audit opinion
- Qualified
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Subsidiaries
- Mechanism Design Inc · United States
Significant events
- “Following the United Kingdom's withdrawal from the European Union, MSTL has been treated as a partnership (OHG) under German civil law since 1 January 2021. MSTL is the predecessor of the German-registered MST OHG (Minimum Spanning Technologies OHG), which was formally entered in the Berlin commercial register on 28 September 2021. On 29 November 2024, the company was renamed to Minimum Spanning Technologies UG (haftungsbeschränkt) & Co. OHG. Operational activities and ownership structure remain unchanged.”
- “There have been no significant events affecting the Company since the year end.”
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
1 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WILLIAMS, Samuel Edward Cameron | Director | 2017-07-28 | Sep 1992 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| JONES, William | Director | 2017-07-28 | 2018-07-08 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Samuel Williams | Individual | Shares 75–100%, Voting 75–100% | 2017-07-28 | Ceased 2018-06-25 |
| William Jones | Individual | Shares 25–50% | 2017-07-28 | Ceased 2018-06-25 |
| Mr Samuel Edward Cameron Williams | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-07-28 | Active |
Filing timeline
Last 20 of 60 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-02-24 | AA | accounts | accounts with accounts type full |
| 2026-01-29 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2026-01-28 | CH01 | officers | change person director company with change date |
| 2025-12-20 | DISS40 | gazette | gazette filings brought up to date |
| 2025-11-25 | GAZ1 | gazette | gazette notice compulsory |
| 2025-09-22 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-10-31 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-10-17 | AA | accounts | accounts with accounts type full |
| 2024-09-14 | DISS40 | gazette | gazette filings brought up to date |
| 2024-09-10 | GAZ1 | gazette | gazette notice compulsory |
| 2023-11-21 | AA01 | accounts | change account reference date company previous shortened |
| 2023-10-03 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-09-29 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2023-09-28 | CH01 | officers | change person director company with change date |
| 2023-08-23 | AA01 | accounts | change account reference date company previous shortened |
| 2023-07-07 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2023-07-06 | CH01 | officers | change person director company with change date |
| 2023-07-06 | AD01 | address | change registered office address company with date old address new address |
| 2023-03-30 | AA | accounts | accounts with accounts type total exemption full |
| 2022-12-22 | AA01 | accounts | change account reference date company previous shortened |
Credit score
Altman Z″ (private-firm) · reference 2023-12-31
-0.42
DISTRESS
Altman Z″
- Working capital / Total assets -0.121 × 6.56 = -0.79
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.059 × 6.72 = +0.40
- Book equity / Total liabilities -0.021 × 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
Composite activity score · components 0–100 · reference 2026-05-09
23
COLD
/ 100
- Filings velocity 50
- Capital events 0
- Officer churn 0
- Headcount trajectory 50
- Accounts trajectory 20
- 6 filing(s) in last 12 months
- Employees +0% YoY
- Turnover -30% YoY