UK Companies House feature
SEDNA SYSTEMS EUROPE LIMITED
Cash
£637K
-61.4% vs 2023
Net assets
—
Equity attributable
Employees
84
-10.6% vs 2023
Profit before tax
-£4M
+43.5% vs 2023
Profile
- Company number
- 11756188
- Status
- Active
- Incorporation
- 2019-01-08
- Last accounts made up
- 2024-05-31
- Account category
- FULL
- Primary SIC
- 62012
Profit before tax
6-year trend · vs UK AI & Enterprise SaaS median
Accounts
6-year trend · latest 2024-05-31
| Metric | Trend | 2019-05-31 | 2020-05-31 | 2021-05-31 | 2022-05-31 | 2023-05-31 | 2024-05-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £10,091,172 | £10,557,556 | |
| Operating profit | — | — | — | — | -£7,613,781 | -£4,255,731 | |
| Profit before tax | — | — | — | — | -£7,815,155 | -£4,417,025 | |
| Net profit | — | — | — | — | -£7,815,155 | -£4,417,025 | |
| Cash | £15,098 | £329,374 | £30,320 | — | £1,652,180 | £637,200 | |
| Total assets less current liabilities | -£93,873 | £27,466 | £189,078 | — | — | — | |
| Net assets | — | — | — | — | — | — | |
| Equity | -£93,873 | £27,466 | £189,078 | -£198,999 | -£7,129,522 | -£10,889,175 | |
| Average employees | 13 | 16 | 27 | — | 94 | 84 | |
| Wages | — | — | — | — | £10,009,762 | £9,334,778 |
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
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Oury Clark Chartered Accountants
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors 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 12 months and 1 day from when the financial statements are authorised for issue.”
Subsidiaries
- Sedna Systems Pte Ltd
- Sedna Systems Inc
Significant events
- “The Sedna Group was formed when Sedna Communications Ltd acquired the entire issued share capital of Sedna Systems Pte Ltd on 8 June 2021, via a paper-for-paper share issue. At the date of acquisition, Sedna Systems Pte Ltd was the parent company of Sedna Systems Europe Limited.”
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 · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DOBIE, William Francis | Director | 2019-01-08 | Nov 1972 | Canadian |
| SCOTT, Robert Ian | Director | 2026-01-20 | Aug 1977 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MONSON, Travis Daniel | Director | 2019-01-08 | 2026-01-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Sedna Communications Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-12-31 | Active |
| William Francis Dobie | Individual | Shares 50–75% | 2019-01-08 | Ceased 2022-01-17 |
| Sedna Systems Pte. Ltd. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-01-08 | Ceased 2019-01-08 |
Filing timeline
Last 20 of 29 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-01-26 | CH01 | officers | change person director company with change date |
| 2026-01-21 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2026-01-21 | AP01 | officers | appoint person director company with name date |
| 2026-01-21 | TM01 | officers | termination director company with name termination date |
| 2025-02-12 | AA | accounts | accounts with accounts type full |
| 2025-01-15 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-12-20 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-10-15 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-10-15 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-10-15 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-03-06 | AA | accounts | accounts with accounts type full |
| 2024-01-23 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-01-23 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2024-01-23 | PSC09 | persons-with-significant-control | withdrawal of a person with significant control statement |
| 2023-08-23 | AA | accounts | accounts with accounts type full |
| 2023-01-26 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-01-09 | PSC08 | persons-with-significant-control | notification of a person with significant control statement |
| 2022-05-31 | AA | accounts | accounts with accounts type total exemption full |
| 2022-01-17 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-01-17 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory