UK Companies House feature
UFLEXREWARD LIMITED
Cash
£4M
+268.5% vs 2020
Net assets
-£1M
-32.4% vs 2020
Employees
10
+11.1% vs 2020
Profit before tax
-£355K
+41.9% vs 2020
Profile
- Company number
- 11110398
- Status
- Active
- Incorporation
- 2017-12-13
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 62012
Net assets
4-year trend · vs UK AI & Enterprise SaaS median
Accounts
4-year trend · latest 2021-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £1,921,495 | £2,418,017 | |
| Operating profit | — | — | -£615,758 | -£355,348 | |
| Profit before tax | — | — | -£611,266 | -£355,203 | |
| Net profit | — | — | -£611,266 | -£355,203 | |
| Cash | — | — | £1,089,250 | £4,014,311 | |
| Total assets less current liabilities | — | — | £1,594,908 | £163,677 | |
| Net assets | — | — | -£1,095,162 | -£1,450,365 | |
| Equity | £10 | -£483,896 | -£1,095,162 | -£1,450,365 | |
| Average employees | — | — | 9 | 10 | |
| Wages | — | — | £1,149,475 | £1,200,050 |
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
- Auditor
- S&W Audit
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have prepared cash flow forecasts for the 12-month period following the signing of these financial statements, ending 31 December 2024. These forecasts incorporate the cost reductions achieved in 2024, as evidenced by the unaudited results for the year to date, and project flat revenues consistent with 2024, alongside a positive EBITDA and cash balance of £946K as of 31 July 2025. ... At the date of signing these financial statements, the Directors are confident in the company's ability to continue as a going concern. The robust cash position and strategic initiatives for revenue growth provide a strong foundation for the company to realise its assets and discharge its liabilities in the normal course of business over the next 12 months.”
Significant events
- “The Directors note that material cost reductions achieved during FY24 have successfully realigned the company's cost base with expected revenues.”
- “The cost reductions implemented in 2024 have effectively aligned the company's cost base with its contractual revenues, creating a more efficient operational structure. Building on this foundation, the company is now actively pursuing revenue growth through various initiatives, including enhanced sales efforts through partnership pipelines. Operating expenditure remains tightly controlled, with strategic reallocations to support core system upgrades and increased investment in marketing, offset by reductions in conference and legal costs.”
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
3 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BORNSTEIN, Leigh Taylor | Director | 2025-08-14 | Nov 1987 | Canadian |
| NEWHOUSE, Peter Holford Miles | Director | 2022-12-01 | Nov 1956 | British |
| SAUNDERS, Carl Richard | Director | 2025-08-19 | Oct 1971 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHARMAN, Ken | Director | 2017-12-13 | 2022-12-01 |
| CLARKE, James Alexander | Director | 2019-07-01 | 2025-06-30 |
| TOOHEY, Philip | Director | 2018-07-01 | 2023-11-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Uflexreward Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-06-28 | Active |
| Mr Ken Charman | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-12-13 | Ceased 2019-06-28 |
Filing timeline
Last 20 of 32 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-12-09 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-09-29 | AA | accounts | accounts with accounts type full |
| 2025-08-21 | CH01 | officers | change person director company with change date |
| 2025-08-21 | AP01 | officers | appoint person director company with name date |
| 2025-08-18 | AP01 | officers | appoint person director company with name date |
| 2025-08-15 | TM01 | officers | termination director company with name termination date |
| 2025-01-07 | AA | accounts | accounts with accounts type full |
| 2024-12-05 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-03-07 | AA | accounts | accounts with accounts type full |
| 2024-01-04 | CH01 | officers | change person director company with change date |
| 2024-01-04 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-01-04 | TM01 | officers | termination director company with name termination date |
| 2023-04-03 | AA | accounts | accounts with accounts type full |
| 2022-12-15 | CS01 | confirmation-statement | confirmation statement with updates |
| 2022-12-14 | AP01 | officers | appoint person director company with name date |
| 2022-12-14 | TM01 | officers | termination director company with name termination date |
| 2021-12-24 | AA | accounts | accounts with accounts type full |
| 2021-12-15 | CS01 | confirmation-statement | confirmation statement with updates |
| 2021-11-03 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2021-10-26 | PSC02 | persons-with-significant-control | notification of a person with significant control |
Credit score
Altman Z″ (private-firm) · reference 2021-12-31
-0.57
DISTRESS
Altman Z″
- Working capital / Total assets 0.036 × 6.56 = +0.24
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -0.081 × 6.72 = -0.55
- Book equity / Total liabilities -0.249 × 1.05 = -0.26
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
Filings velocity, capital events, officer churn, accounts trajectory