Cash

£281K

+122.8% vs 2020

Net assets

£1M

+383.2% vs 2020

Employees

36

+227.3% vs 2020

Profit before tax

Period ending 2021-12-31

Profile

Company number
12523488
Status
Active
Incorporation
2020-03-18
Last accounts made up
2024-12-31
Account category
FULL
Primary SIC
62012
Hubs
UK AI & Enterprise SaaS

Cash

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

£0£250k£500k20202021
FIGMA UK LTD.

Accounts

2-year trend · latest 2021-12-31

Metric Trend 2020-12-312021-12-31
Turnover
Operating profit
Profit before tax
Net profit -£998,434
Cash £126,061£280,804
Total assets less current liabilities £265,240£1,281,511
Net assets
Equity £265,240£1,281,511
Average employees 1136
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
Standalone (parent only)
Auditor
BDO
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Directors are required to assess the availability of resources in order to meet the Company's financial obligations as they fall due for a period of at least twelve months from the date of approval of these financial statements. The Directors are also required to identify any material uncertainties that may cast doubt on the Company's ability to continue as a going concern and disclose these appropriately. The Company has net current assets at 31 December 2024 of £40,399,333 (2023: £2,166,659) and despite the challenges of the current economic climate, the Directors of the Company believe that the Company will be able to continue trading and meet its financial obligations when they fall due within the next 12 months. The Company's ultimate parent, Figma Inc. is willing to provide financial support to assist the Company in meeting its liabilities as an when they fall due, to the extent that money is not otherwise available to meet such liabilities for at least 12 months from the date of signing 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 · 2 resigned

Name Role Appointed Born Nationality
MELWANI, Praveer Kumar Director 2020-03-18 Jun 1990 Canadian
MULLIGAN, Brendan Ford Director 2025-03-19 Apr 1983 American
Show 2 resigned officers
Name Role Appointed Resigned
CORCORAN, Maeve Noreen Director 2022-08-11 2025-03-18
FIELD, Dylan Joseph Director 2020-03-18 2022-08-11

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Dylan Field Individual Shares 75–100%, Voting 75–100%, Appoints directors 2022-03-07 Active

Filing timeline

Last 20 of 26 total filings

Date Type Category Description
2026-04-14 CS01 confirmation-statement confirmation statement with no updates
2025-09-02 AA accounts accounts with accounts type full
2025-03-25 CS01 confirmation-statement confirmation statement with no updates
2025-03-20 TM01 officers termination director company with name termination date
2025-03-20 AP01 officers appoint person director company with name date
2024-10-29 PSC01 persons-with-significant-control notification of a person with significant control
2024-10-29 PSC09 persons-with-significant-control withdrawal of a person with significant control statement
2024-10-06 AA accounts accounts with accounts type full
2024-03-28 CS01 confirmation-statement confirmation statement with no updates
2024-03-28 CH01 officers change person director company with change date
2023-10-09 AA accounts accounts with accounts type full
2023-08-10 AD01 address change registered office address company with date old address new address
2023-03-20 CS01 confirmation-statement confirmation statement with updates
2023-03-20 CH01 officers change person director company with change date
2022-12-09 AA accounts accounts with accounts type small
2022-08-22 RP04AP01 officers second filing of director appointment with name
2022-08-16 AP01 officers appoint person director company with name date
2022-08-16 TM01 officers termination director company with name termination date
2022-04-06 CS01 confirmation-statement confirmation statement with updates
2022-03-31 AD01 address change registered office address company with date old address new address

Credit score

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

Credit score requires retained earnings proxy, EBIT (operating profit / PBT), 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