Cash

£4M

-43.5% vs 2023

Net assets

Equity attributable

Employees

351

-0.3% vs 2023

Profit before tax

-£104K

+53.8% vs 2023

Profile

Company number
10953103
Status
Active
Incorporation
2017-09-08
Last accounts made up
2024-12-31
Account category
FULL
Primary SIC
62020
Hubs
UK AI & Enterprise SaaS

Net assets

8-year trend · vs UK AI & Enterprise SaaS median

£0£1£120202020202120222022202320232024
SHI CORPORATION UK LIMITED

Accounts

8-year trend · latest 2024-12-31

Metric Trend 2020-01-012020-12-312021-12-312022-01-012022-12-312023-01-012023-12-312024-12-31
Turnover £66,331,832£133,201,487£118,181,633£114,955,068£88,312,163
Operating profit -£156,376-£999,214£285,808£284,746£392,056
Profit before tax -£408,484-£1,882,760-£3,728,495-£225,856-£104,430
Net profit -£408,484-£1,882,760-£3,728,495-£865,836-£387,989
Cash £1£4,323,154£5,315,901£5,315,901£7,244,681£7,244,681£7,188,663£4,064,891
Total assets less current liabilities -£408,483-£2,291,243-£4,741,376
Net assets -£408,483-£2,291,243-£6,019,738
Equity £1-£408,483-£2,291,243-£2,291,243-£6,019,738-£6,019,738-£6,885,574£2,726,437
Average employees 182203320352351
Wages £4,206,714£14,932,479£22,181,781£26,099,861£27,191,993

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
Blick Rothenberg Audit LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The financial statements have been prepared on a going concern basis. The company has total equity at 31 December 2024 of £2,726,437 (2023: deficit on total equty of £6,885,574) and made a loss for the year then ended of £387,989 (2023: loss of £865,836). The directors consider this basis to be appropriate as the company has received a letter of support from its parent undertaking, SHI International Corp. confirming its intention and ability to provided continued financial assistance to the company for the foreseeable future being a period of at least twelve months from the date of approval of these financial statements. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.”

Significant events

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

2 active · 0 resigned

Name Role Appointed Born Nationality
LEE, Thai Theresa Director 2017-09-08 Nov 1958 American
PRIOR, James Robert Director 2025-03-13 Jun 1973 British

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Ms Thai Theresa Lee Individual Shares 75–100%, Voting 75–100%, Appoints directors 2017-09-08 Active

Filing timeline

Last 20 of 27 total filings

Date Type Category Description
2025-11-18 AA accounts accounts with accounts type full
2025-09-12 AD03 address move registers to sail company with new address
2025-09-12 AD02 address change sail address company with new address
2025-09-12 CS01 confirmation-statement confirmation statement with updates
2025-04-09 AP01 officers appoint person director company with name date
2024-12-17 SH01 capital capital allotment shares
2024-09-30 AA accounts accounts with accounts type full
2024-09-11 CS01 confirmation-statement confirmation statement with no updates
2024-01-10 AA accounts accounts with accounts type full
2023-10-04 PSC04 persons-with-significant-control change to a person with significant control
2023-09-14 CS01 confirmation-statement confirmation statement with no updates
2022-12-21 AA accounts accounts with accounts type full
2022-09-20 RESOLUTIONS resolution resolution
2022-09-20 MA incorporation memorandum articles
2022-09-14 CS01 confirmation-statement confirmation statement with updates
2022-01-04 AA accounts accounts with accounts type full
2021-09-13 CS01 confirmation-statement confirmation statement with no updates
2021-09-13 PSC04 persons-with-significant-control change to a person with significant control
2021-09-09 CH01 officers change person director company with change date
2020-12-17 AA accounts accounts with accounts type dormant

Credit score

Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage

Credit score requires total assets, working capital, retained earnings proxy, book equity — not present in the latest extracted accounts.

Activity Score

Filings velocity, capital events, officer churn, accounts trajectory

Activity Score not yet computed for this company.

Official Companies House page