SALES-I LIMITED

Company number

11506639

Status

Active

Incorporation

2018-08-08

Last accounts made up

2023-12-31

Account category

GROUP

Primary SIC

62012

Hubs

UK AI & Enterprise SaaS

Accounting basis

FRS 102 §1A

Reporting scope

Consolidated (group)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, after reviewing the latest management information, cash flow forecasts and making enquiries, the directors have a reasonable expectation that the parent company and the group that the parent company heads have adequate resources to continue in operational existence for at least 12 months from the approval of the financial statements. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Subsidiaries

• Sales-I UK Limited · 100% held · England
• Sale-I Inc · 100% held · Chicago, IL
• Sales-I Badger Limited · 100% held · England

Significant events

• “On 20 May 2024, the company issued 1,752 A ordinary £1 shares and 11,350 B Ordinary £1 shares.”
• “On 21 May 2024, 100% of the share capital in Sales-I Limited was sold to SugarCRM, Inc - a company incorporated in the United States of America. The ultimate parent company became Accel-KKR.”
• “On 19 June 2024, the share capital of the company was reduced by cancelling and extinguishing 158,093 A Ordinary shares and 11,350 B Ordinary shares, with a corresponding credit made to distributable reserves.”
• “On 20 June 2024, the company distributed the entire issued share capital of Sales-I Inc, with book value of £179,443 to SugarCRM Inc.”

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