UK Companies House feature
SATSUMA TECHNOLOGY PLC
Profile
- Company number
- 13279459
- Status
- Active
- Incorporation
- 2021-03-19
- Last accounts made up
- 2025-02-28
- Account category
- FULL
- Primary SIC
- 62090
Accounts
Pending extraction
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Kreston Reeves LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company has signed Convertible Loan Note Financing to enable it to implement a Bitcoin Treasury Management Strategy. Whilst the Company has committed to investing 2/3 of this to purchase Bitcoin, the availability of this finance, being £1.67m ensures that the Company has sufficient resources to meet its liabilities for a period of at least twelve months from approval of the financial statements and the Directors have therefore determined that the accounts should be prepared on a Going Concern basis.”
Subsidiaries
- TAO Alpha Pte Ltd · 100% held · Singaporean · BTC treasury purposes
Significant events
- “On 12 May 2025 the Company changed its name to TAO Alpha plc (previously called Streaks Al plc)”
- “Company announced on 17 June 2025 that it would initiate a BTC treasury strategy which was supported by a 5M GBP raise and the creation of a Singapore subsidiary for BTC treasury purposes.”
- “On 17 June 2025, the Company completed a £5 million fundraising.”
- “On 27 June 2025 the Company announced that it had launched its Second Secured Convertible Loan Note Offering in the United States... for a minimum of £100,000,000 with a conversion price of £0.01 (one penny) per share”
- “Subsequent to the reporting date, the Company entered into a partnership with Tiger Royalties and Investments plc, whereby Tao Alpha is managing the Tiger Alpha subnet on the TAO network. The subnet is generating in excess of six TAO per day, representing a monthly revenue run rate of approximately USD 70,000.”
- “The Company also announced that its conversational gaming platform and AI-based avatar platform will each be launched in the coming months on their own dedicated TAO subnets.”
- “Following the balance sheet date, the Company submitted a formal application for admission to the OTCQB market in the United States.”
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
7 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KAINTZ, Scott Christopher, Mr. | Secretary | 2025-08-01 | — | — |
| CARVER, Clive Nathan, Mr. | Director | 2025-12-19 | Jan 1961 | British |
| DEAN, Patrick Charles Thomas, Mr. | Director | 2026-04-07 | Dec 1964 | British |
| JACHYM, Jonathan Luis, Mr. | Director | 2025-08-01 | Jul 1981 | American |
| LEE, Nicholas, Mr. | Director | 2026-04-07 | Dec 1962 | British |
| LODGE, Matthew | Director | 2025-01-16 | Jun 1971 | British |
| MCGREGOR-SMITH, Ranald Howard, Mr. | Director | 2025-12-19 | Oct 1963 | British |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LE DRUILLENEC, Timothy | Secretary | 2021-03-19 | 2021-04-30 |
| LYTH, Nicholas James | Secretary | 2021-04-30 | 2025-08-01 |
| BLOWS, Philip Jonathan | Director | 2023-02-20 | 2024-03-04 |
| EDWARDS, Michael | Director | 2023-01-01 | 2025-01-16 |
| ELDER, Henry Knox | Director | 2025-07-24 | 2026-03-06 |
| LE DRUILLENEC, Timothy | Director | 2021-03-19 | 2021-05-04 |
| LYTH, Nicholas James | Director | 2021-03-22 | 2025-08-01 |
| RAPHAEL, David | Director | 2023-01-01 | 2024-07-31 |
| RUTLEDGE, Mark | Director | 2021-03-19 | 2025-07-06 |
| SILVERA, Gordon | Director | 2023-01-01 | 2023-06-30 |
| SMITH, Andrew James, Mr. | Director | 2025-11-01 | 2026-02-18 |
| TAYLOR, Darcy | Director | 2025-01-16 | 2025-12-11 |
| TRY, Digby Gordon | Director | 2023-02-20 | 2024-01-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Nicholas James Lyth | Individual | Significant influence | 2021-05-06 | Ceased 2023-01-05 |
| Timothy Le Druillenec | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-03-19 | Ceased 2021-05-07 |
Filing timeline
Last 20 of 73 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-07 | AP01 | officers | appoint person director company with name date |
| 2026-04-07 | AP01 | officers | appoint person director company with name date |
| 2026-03-30 | MR04 | mortgage | mortgage satisfy charge full |
| 2026-03-25 | MR04 | mortgage | mortgage satisfy charge full |
| 2026-03-23 | CS01 | confirmation-statement | confirmation statement with updates |
| 2026-03-10 | TM01 | officers | termination director company with name termination date |
| 2026-02-20 | TM01 | officers | termination director company with name termination date |
| 2026-01-22 | AP01 | officers | appoint person director company with name date |
| 2026-01-07 | SH01 | capital | capital allotment shares |
| 2025-12-30 | AP01 | officers | appoint person director company with name date |
| 2025-12-11 | TM01 | officers | termination director company with name termination date |
| 2025-11-10 | AP01 | officers | appoint person director company with name date |
| 2025-09-16 | AUD | auditors | auditors resignation company |
| 2025-09-03 | AA | accounts | accounts with accounts type full |
| 2025-08-11 | AP01 | officers | appoint person director company with name date |
| 2025-08-07 | AP03 | officers | appoint person secretary company with name date |
| 2025-08-04 | TM01 | officers | termination director company with name termination date |
| 2025-08-04 | TM02 | officers | termination secretary company with name termination date |
| 2025-08-01 | SH01 | capital | capital allotment shares |
| 2025-08-01 | SH01 | capital | capital allotment shares |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory