UK Companies House feature
BACASABLE UK LIMITED
Cash
£57K
-61.8% vs 2023
Net assets
-£27M
-2% vs 2023
Employees
7
-12.5% vs 2023
Profit before tax
—
Period ending 2024-12-31
Profile
- Company number
- 13930218
- Status
- Active
- Incorporation
- 2022-02-21
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- Primary SIC
- 62011
Net assets
5-year trend · vs UK AI & Enterprise SaaS median
Accounts
5-year trend · latest 2024-12-31
| Metric | Trend | 2022-02-20 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | |
| Net profit | — | -£1,993,042 | — | -£22,939,873 | -£1,625,330 | |
| Cash | — | £403,256 | — | £148,211 | £56,689 | |
| Total assets less current liabilities | — | -£1,573,700 | — | -£26,911,253 | -£27,439,327 | |
| Net assets | — | -£1,573,700 | — | -£26,911,253 | -£27,439,327 | |
| Equity | — | -£1,573,700 | -£1,573,700 | -£26,911,253 | -£27,439,327 | |
| Average employees | — | — | — | 8 | 7 | |
| 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
- Consolidated (group)
- Auditor
- Nyman Libson Paul LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“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 Group's or the Parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Subsidiaries
- Cualit Eng Ltda · 99% held · Uruguay
- The Sandbox US Inc · 100% held · USA
- Sviper Gmbh · 100% held · Germany
- TSB Japan, LLC · 100% held · Japan
Significant events
- “A net loss was reported in 2024, primarily attributable to impairment charges recognized on prior year investments. The Group recorded an employee turnover rate of 47% in 2024, reflecting some organisational restructuring. In the prior year, a material impairment charge of $21,318,007 was recognized against goodwill. The Germany entity is winding down and the Uruguayan entity has been scaled down due to a shift in strategic priorities. The 2023 AFS was filed after the prescribed statutory deadline and a fine was paid.”
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 · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MADRID, Arthur Jose Georges | Director | 2022-02-21 | Sep 1978 | French |
| YUNG, Robert William Hong San | Director | 2022-02-21 | Jul 1971 | American |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bacasable Global Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-02-21 | Active |
Filing timeline
Last 15 of 15 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-19 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2026-03-13 | CS01 | confirmation-statement | confirmation statement with updates |
| 2026-01-26 | CH01 | officers | change person director company with change date |
| 2025-12-23 | AA | accounts | accounts with accounts type group |
| 2025-08-21 | AA | accounts | accounts with accounts type group |
| 2025-06-25 | CH01 | officers | change person director company with change date |
| 2025-05-22 | AAMD | accounts | accounts amended with accounts type group |
| 2025-02-27 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-10-23 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2024-04-01 | AA | accounts | accounts with accounts type total exemption full |
| 2024-02-20 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-02-08 | CH01 | officers | change person director company with change date |
| 2023-07-05 | AA01 | accounts | change account reference date company previous shortened |
| 2023-02-20 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-02-21 | NEWINC | incorporation | incorporation company |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Composite activity score · components 0–100 · reference 2026-05-09
27.4
COLD
/ 100
- Filings velocity 58
- Capital events 0
- Officer churn 0
- Headcount trajectory 38
- Accounts trajectory 48
- 7 filing(s) in last 12 months
- Employees -12% YoY
- Net Assets -2% YoY