UK Companies House feature
KIGEN (UK) LIMITED
Cash
£584K
Latest balance sheet
Net assets
-£11M
Equity attributable
Employees
84
Average over period
Profit before tax
-£12M
Period ending 2021-03-31
Profile
- Company number
- 12780803
- Status
- Active
- Incorporation
- 2020-07-30
- Last accounts made up
- 2025-03-31
- Account category
- GROUP
- Primary SIC
- 62012
Net assets
1-year trend · vs UK AI & Enterprise SaaS median
Accounts
1-year trend · latest 2021-03-31
| Metric | Trend | 2021-03-31 |
|---|---|---|
| Turnover | £1,215,280 | |
| Operating profit | -£11,516,165 | |
| Profit before tax | -£11,516,165 | |
| Net profit | — | |
| Cash | £584,372 | |
| Total assets less current liabilities | £4,600,625 | |
| Net assets | -£10,841,690 | |
| Equity | £10,841,690 | |
| Average employees | 84 | |
| 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
- IFRS
- Reporting scope
- Consolidated (group)
- Auditor
- Grant Thornton (NI) LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have a reasonable expectation that the Group and the Company will continue in operational existence for the foreseeable future. The directors have carried out a range of scenarios to demonstrate the possible performance of the company and the group over the next 5 years. These forecasts include a number of estimate and assu”
Subsidiaries
- Kigen India (private) Limited · 100% held · IN · Development of IOT Technology
- Kigen (France) SAS · 100% held · Development of IOT Technology
- Kigen KK · 100% held · Japan · Development of IOT Technology
- Kigen Denmark · 100% held · Danmark · Service Provider
- Kigen South Africa · 100% held · South Africa · Service Provider
- Kigen LLC · 100% held · DE · Corporation Trust Company
- Kigen (Services) Limited · 100% held · UK · Service Provider
Significant events
- “Post year end, in May 2025 the group concluded its latest fundraise, securing an injection of cash from existing and new shareholders. This latest fundraise will facilitate the continued investment in research & development of IoT related products. The additional fundraise amounted to $23m in total, of which $16.4m was receiv”
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 |
|---|---|---|---|---|
| HANSSON, Andreas | Director | 2021-11-30 | Sep 1980 | British |
| HOSHINO, Nahoko | Director | 2022-12-15 | Jul 1983 | Japanese |
| KORSTANJE, Vincent | Director | 2020-07-30 | May 1969 | Dutch |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GAISIE, Paa Kwesi | Director | 2020-07-30 | 2020-10-02 |
| MACDONALD, James Alves | Director | 2022-01-26 | 2022-10-28 |
| RODGMAN, Emily Kate | Director | 2021-07-15 | 2022-01-26 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Softbank Group Corp. | Corporate entity | Shares 50–75%, Voting 50–75%, Appoints directors | 2022-01-11 | Active |
| Pelion Iot Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-10-01 | Ceased 2022-01-11 |
| Arm Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-07-30 | Ceased 2020-10-01 |
Filing timeline
Last 20 of 60 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-13 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-11-07 | AA | accounts | accounts with accounts type group |
| 2025-08-04 | RP04CS01 | confirmation-statement | second filing of confirmation statement with made up date |
| 2025-07-16 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-07-16 | AD04 | address | move registers to registered office company with new address |
| 2025-07-16 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2025-05-28 | RESOLUTIONS | resolution | resolution |
| 2025-05-27 | MA | incorporation | memorandum articles |
| 2025-05-22 | SH01 | capital | capital allotment shares |
| 2025-05-22 | SH10 | capital | capital variation of rights attached to shares |
| 2025-05-22 | SH08 | capital | capital name of class of shares |
| 2025-05-08 | RESOLUTIONS | resolution | resolution |
| 2025-04-30 | SH01 | capital | capital allotment shares |
| 2025-01-30 | SH01 | capital | capital allotment shares |
| 2025-01-03 | AA | accounts | accounts with accounts type group |
| 2024-09-27 | RESOLUTIONS | resolution | resolution |
| 2024-09-18 | MA | incorporation | memorandum articles |
| 2024-09-18 | SH01 | capital | capital allotment shares |
| 2024-08-07 | CH01 | officers | change person director company with change date |
| 2024-08-06 | CS01 | confirmation-statement | confirmation statement with updates |
Credit score
Altman Z″ (private-firm) · reference 2021-03-31
-29.25
DISTRESS
Altman Z″
- Working capital / Total assets 0.571 × 6.56 = +3.75
- Retained earnings / Total assets -4.724 × 3.26 = -15.40
- EBIT / Total assets -2.509 × 6.72 = -16.86
- Book equity / Total liabilities -0.703 × 1.05 = -0.74
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