UK Companies House feature
COLLECTIVE IQ GROUP LTD
Cash
£5M
+772.3% vs 2021
Net assets
£4M
+70.2% vs 2021
Employees
12
+140% vs 2021
Profit before tax
—
Period ending 2022-12-31
Profile
- Company number
- 10919514
- Status
- Active
- Incorporation
- 2017-08-16
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- Primary SIC
- 62012
Net assets
4-year trend · vs UK AI & Enterprise SaaS median
Accounts
4-year trend · latest 2022-12-31
| Metric | Trend | 2019-08-31 | 2020-08-31 | 2021-12-31 | 2022-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | — | — | |
| Operating profit | — | — | — | — | |
| Profit before tax | — | — | — | — | |
| Net profit | — | — | — | — | |
| Cash | £938,037 | £699,308 | £582,177 | £5,078,071 | |
| Total assets less current liabilities | £1,036,041 | £1,309,921 | £2,130,856 | £5,571,139 | |
| Net assets | £1,036,041 | £1,309,921 | £2,130,856 | £3,626,695 | |
| Equity | £1,036,041 | £1,309,921 | £2,130,856 | £3,626,695 | |
| Average employees | 9 | 4 | 5 | 12 | |
| 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
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In September 2024 the group refinanced its existing £4m bank facility to a new £5m bank facility with HSBC Innovation Banking, resulting in a cash inflow. In October 2024 the group completed a Series B funding round, issuing new B Preferred shares for total consideration of $5.25m. ... Based on these cash flow projections and considering the robust cash balance as at 31 December 2024 following the debt and equity raises, the directors have a reasonable expectation that the group and company possess adequate resources to continue in operational existence for the foreseeable future.”
Subsidiaries
- Arbolus Technologies Spain, S.L. · 100% held · Spain · provision of technology and operational support services to the parent company
- Arbolus US Inc · 100% held · United States · provision of technology and operational support services to the parent company
- Arbolus Technologies India Private Limited · 100% held · India · provision of technology and operational support services to the parent company
Significant events
- “In 2024, Collective IQ Group Limited achieved significant financial milestones, demonstrating strong progress in its revenue growth strategies. Turnover increased by 35%, rising from £9,879,859 in 2023 to £13,326,143. This growth was accompanied by an improved gross profit margin, which increased from 62% in 2023 to 68% in 2024, reflecting robust pricing and margin strategies.”
- “The group's liquidity was significantly enhanced in H2 2024 through the successful refinancing of its venture debt facility and the close of its Series B funding round, contributing to a robust cash balance of £4,687,257 as at 31 December 2024 (2023: £4,081,222).”
- “Key balance sheet movements included a 29% increase in the intangible asset related to the Arbolus Platform, rising from £683,809 to £883,341. Conversely, the deferred revenue balance decreased by 13%, from £2,316,390 to £2,008,817, primarily due to the timing of large prepaid credit package renewals.”
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 · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BROOKS, Gordon | Director | 2025-04-22 | Aug 1957 | American |
| GIBSON, Stephen | Director | 2022-02-24 | Dec 1971 | British |
| GLASSWELL, Samuel Robert Leslie | Director | 2017-08-16 | Nov 1984 | British |
| LEEMING, William James Christopher | Director | 2017-08-16 | Dec 1985 | British |
| MALUGIN, Vladimir | Director | 2024-10-29 | Jan 1993 | American |
| MARTIN, Stephen George | Director | 2024-11-06 | Feb 1963 | British |
| PATEL, Karan Shiv | Director | 2024-11-06 | Jun 1993 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MACREADY, Timothy George | Director | 2019-06-21 | 2021-02-23 |
| PEARSON, Mark Alan | Director | 2019-06-21 | 2024-11-06 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mnl Nominees Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2022-02-24 | Ceased 2024-10-29 |
| Mr Samuel Robert Leslie Glasswell | Individual | Significant influence | 2017-08-16 | Active |
| Mr William James Christopher Leeming | Individual | Significant influence | 2017-08-16 | Active |
Filing timeline
Last 20 of 99 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-01-29 | SH01 | capital | capital allotment shares |
| 2025-12-08 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-11-07 | SH01 | capital | capital allotment shares |
| 2025-11-06 | AA | accounts | accounts with accounts type group |
| 2025-09-16 | SH01 | capital | capital allotment shares |
| 2025-08-21 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-08-05 | SH01 | capital | capital allotment shares |
| 2025-05-08 | AP01 | officers | appoint person director company with name date |
| 2025-04-22 | RP04SH01 | change-of-name | legacy |
| 2025-04-16 | SH01 | capital | capital allotment shares |
| 2025-04-07 | SH01 | capital | capital allotment shares |
| 2025-01-20 | SH01 | capital | capital allotment shares |
| 2025-01-17 | SH01 | capital | capital allotment shares |
| 2025-01-06 | AA | accounts | accounts with accounts type group |
| 2024-12-20 | SH01 | capital | capital allotment shares |
| 2024-12-13 | AP01 | officers | appoint person director company with name date |
| 2024-12-13 | RP04CS01 | confirmation-statement | second filing of confirmation statement with made up date |
| 2024-11-18 | RP04SH01 | capital | second filing capital allotment shares |
| 2024-11-18 | RP04SH01 | capital | second filing capital allotment shares |
| 2024-11-18 | RP04SH01 | capital | second filing 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