UK Companies House feature
KX SOFTWARE LIMITED
Profile
- Company number
- NI030731
- Status
- Active
- Incorporation
- 1996-04-16
- Last accounts made up
- 2025-02-28
- Account category
- GROUP
- Primary SIC
- 62020
Accounts
Pending extraction
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- IFRS
- Reporting scope
- Consolidated (group)
- Auditor
- Deloitte (NI) Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors believe that the Group has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis of accounting in preparing the financial statements. The Directors are satisfied that the Group can meet its foreseeable working capital requirements through the existing bank facilities and cash generation from operating activities and projections indicate that the Group will be able to meet all obligations as they fall due with sufficient headroom for the foreseeable future. On 8 May 2025, the Board unanimously recommended TA's cash offer for the business, which values FD Technologies at £24.50 per share or £570 million. The offer is conditional on obtaining 90% of the votes cast. This is a material uncertainty related to going concern.”
Subsidiaries
- KX Systems Limited · 100% held · United Kingdom
- KX Systems Ireland Limited · 100% held · Ireland
- KX Canada Inc. · 100% held · Canada
- KX Systems Hungary Kft · 100% held · Hungary
- First Derivatives plc · 100% held · United Kingdom
- First Derivatives Services Limited · 100% held · United Kingdom
- First Derivatives South Korea · 100% held · South Korea
- MRP Holdings Limited · 100% held · United Kingdom
- First Derivative Software Limited · 100% held · United Kingdom
- FD Technologies Sweden AB · 100% held · Sweden
- PharosIQ · 49% held · United States
Significant events
- “On 8 May 2025, the boards of Kairos Bidco Ltd (a newly formed company indirectly owned by entities forming part of TA Fund XV) reached agreement on terms of a recommended acquisition by Bidco of the entire issued ordinary share capital of FD Technologies. The acquisition is intended to be implemented by means of a court-sanctioned scheme of arrangement under Part 26 of the Companies Act.”
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
4 active · 23 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MCMULLAN, Colette | Secretary | 2025-02-28 | — | — |
| CARR, Martin Leo | Director | 2025-07-23 | Aug 1986 | Irish |
| MULLEN, Cameron Alexander | Director | 2025-07-23 | Feb 1989 | American |
| REDDY, Ashok | Director | 2025-07-23 | Apr 1964 | American |
Show 23 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FULTON, Richard | Secretary | 2009-05-19 | 2014-04-01 |
| FULTON, Richard | Secretary | 1996-04-16 | 2005-04-30 |
| GIBBONS, John | Secretary | 2005-05-05 | 2009-05-19 |
| KEARNS, John Joseph | Secretary | 2014-04-01 | 2025-02-28 |
| ANDERSON, Robert David | Director | 2001-12-03 | 2016-05-13 |
| BRAZEL, Patrick | Director | 2010-08-05 | 2015-03-24 |
| CHICKEN, Michael John | Director | 2001-12-03 | 2005-11-21 |
| CONLON, Brian | Director | 1996-04-16 | 2019-07-28 |
| CUNNINGHAM, Kevin | Director | 2009-01-15 | 2013-05-09 |
| FAYYAD, Usama | Director | 2022-01-19 | 2025-07-21 |
| FERGUSON, Robert Graham | Director | 2008-09-01 | 2021-01-01 |
| FISHER, Steve | Director | 2020-09-15 | 2022-01-31 |
| GAMBALE, Virginia | Director | 2015-03-03 | 2023-12-29 |
| KEATING, Seamus Declan | Director | 2012-12-10 | 2025-07-30 |
| KINNEY, Paul | Director | 2008-05-14 | 2011-03-11 |
| MACDONALD, Keith Joseph | Director | 2011-07-20 | 2021-07-08 |
| O'NEILL, Michael George | Director | 2001-10-25 | 2013-05-09 |
| PRESTON, Michael Ryan | Director | 2021-01-01 | 2026-04-24 |
| ROBSON, Jon | Director | 2015-08-03 | 2017-05-15 |
| SAYED, Ayman | Director | 2020-07-01 | 2025-07-21 |
| SEIFERT, Thomas | Director | 2020-07-13 | 2025-07-21 |
| TONER, Adrian | Director | 2005-12-21 | 2013-05-09 |
| TROY, Donna | Director | 2018-01-15 | 2025-07-21 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Kx Bidco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-07-21 | Active |
Filing timeline
Last 20 of 497 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-05-05 | TM01 | officers | termination director company with name termination date |
| 2026-04-01 | SH01 | capital | capital allotment shares |
| 2026-03-18 | RESOLUTIONS | resolution | resolution |
| 2026-03-18 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2026-02-02 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-11-27 | SH01 | capital | capital allotment shares |
| 2025-10-31 | SH01 | capital | capital allotment shares |
| 2025-10-29 | CH01 | officers | change person director company with change date |
| 2025-10-23 | RESOLUTIONS | resolution | resolution |
| 2025-10-23 | MA | incorporation | memorandum articles |
| 2025-10-21 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-10-21 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-10-21 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-10-20 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-10-08 | CERTNM | change-of-name | certificate change of name company |
| 2025-10-08 | CONNOT | change-of-name | change of name notice |
| 2025-08-28 | AA | accounts | accounts with accounts type group |
| 2025-08-14 | AP01 | officers | appoint person director company with name date |
| 2025-08-13 | TM01 | officers | termination director company with name termination date |
| 2025-08-13 | TM01 | officers | termination director company with name termination date |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory