Cash

£6M

+554.7% vs 2021

Net assets

£7M

+79.4% vs 2021

Employees

146

+28.1% vs 2021

Profit before tax

£3M

+92.9% vs 2021

Profile

Company number
SC127126
Status
Active
Incorporation
1990-09-07
Last accounts made up
2024-12-31
Account category
FULL
Primary SIC
62012
Hubs
UK AI & Enterprise SaaS

Net assets

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

£0£5m£10m2019202020212022
TELEFÓNICA TECH UK BUSINESS APPLICATIONS LIMITED

Accounts

4-year trend · latest 2022-03-31

Metric Trend 2019-03-312020-03-312021-03-312022-03-31
Turnover £14,564,882£16,052,324
Operating profit £1,524,403£2,935,835
Profit before tax £1,521,827£2,935,835
Net profit £2,191,097£2,983,470
Cash £992,724£6,499,797
Total assets less current liabilities £3,766,000£6,813,862
Net assets £3,757,856£6,741,326
Equity £2,873,334£1,566,759£3,757,856£6,741,326
Average employees 114146
Wages £5,447,747£7,678,943

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
PricewaterhouseCoopers LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The company has prepared the financial statements on a going concern basis. The directors believe it is reasonable to assume that the company will have adequate resources for a period 12 months (the "Assessment period") from the date of approval of these financial statements, to discharge its obligations as they fall due. In reaching their conclusion the directors have considered the following. The company is forecasting operating losses and negative cash flows throughout the assessment period and therefore the company expects to need access to additional funding through the going concern period. Accordingly, the directors have received confirmation from the company's parent undertaking, Telefónica Tech UK & Ireland Limited (TTUK&I), that it will provide financial support to enable the company to meet its liabilities as they fall due for at least 12 months from the date of approval of these financial statements.”

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 · 22 resigned

Name Role Appointed Born Nationality
BROOKES, Christopher Director 2025-04-02 Dec 1986 British
BULLERWELL, Martyn Director 2025-10-07 Jul 1982 British
COLCHERO PAETZ, Diego Director 2022-09-30 Feb 1973 Spanish
Show 22 resigned officers
Name Role Appointed Resigned
NICOL, Sheena Mary Secretary 1997-12-16 2000-09-01
STEWART, Jim Forrest Secretary 1996-07-01 1997-12-16
BURNESS PAULL LLP Corporate Secretary 2014-05-12 2023-07-19
IAIN SMITH & COMPANY Corporate Nominee Secretary 1990-09-07 1996-07-01
PAULL & WILLIAMSONS Corporate Secretary 2000-09-01 2009-04-06
PAULL & WILLIAMSONS LLP Corporate Secretary 2009-04-06 2014-05-12
BOOKER, Bernard Director 1990-11-22 2016-11-29
BURNETT, Brian John Director 1990-11-22 1998-01-27
DINSDALE, Raymond Director 1993-03-26 1996-06-24
DONNELLY, Craig Director 2016-11-29 2022-09-30
GARGAN, Jeffrey Lawrence Director 1994-08-15 1998-01-27
GORTON, Mark Director 2022-10-27 2025-08-11
JOHNSTON, Jane Margaret Director 2014-11-01 2016-11-29
KERR, Stuart James Director 2016-11-29 2022-09-30
LOGAN, Neil Paterson Director 2016-11-29 2023-03-29
MCANDREW, George Gordon Director 1991-01-28 1993-03-26
MURRAY, Gordon Director 1990-11-22 2016-02-24
ROBERTS, Andrew Director 2001-05-01 2016-11-29
ROXBURGH, Roy Nominee Director 1990-09-07 1991-09-07
SKELTON, Mark Christopher Director 2023-01-17 2023-06-09
TOUGH, Alan James Director 1990-11-22 1997-06-30
WARK, Jamie Director 2023-06-26 2025-03-28

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Telefónica Tech Uk & Ireland Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2026-01-22 Active
Incremental Group Holdings Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2017-05-03 Ceased 2026-01-22
Valstar Group Limited Corporate entity Shares 75–100%, Voting 75–100% 2016-04-06 Ceased 2017-05-03

Filing timeline

Last 20 of 199 total filings

Date Type Category Description
2026-01-27 PSC02 persons-with-significant-control notification of a person with significant control
2026-01-26 PSC07 persons-with-significant-control cessation of a person with significant control
2026-01-08 AA accounts accounts with accounts type full
2025-11-12 CS01 confirmation-statement confirmation statement with no updates
2025-11-12 CH01 officers change person director company with change date
2025-10-31 PSC05 persons-with-significant-control change to a person with significant control
2025-10-07 AP01 officers appoint person director company with name date
2025-08-13 TM01 officers termination director company with name termination date
2025-04-02 AP01 officers appoint person director company with name date
2025-03-28 TM01 officers termination director company with name termination date
2025-01-22 AA accounts accounts with accounts type full
2024-11-19 CH01 officers change person director company with change date
2024-11-08 CS01 confirmation-statement confirmation statement with updates
2024-07-29 CERTNM change-of-name certificate change of name company
2024-05-16 AA accounts accounts with accounts type full
2024-05-16 CS01 confirmation-statement confirmation statement with no updates
2023-07-21 TM02 officers termination secretary company with name termination date
2023-06-26 AP01 officers appoint person director company with name date
2023-06-09 TM01 officers termination director company with name termination date
2023-05-06 AD01 address change registered office address company with date old address new address

Credit score

Altman Z″ (private-firm) · reference 2022-03-31

4.29

SAFE

Altman Z″

  • Working capital / Total assets 0.353 × 6.56 = +2.32
  • Retained earnings / Total assets 0.000 × 3.26 = +0.00
  • EBIT / Total assets 0.181 × 6.72 = +1.22
  • Book equity / Total liabilities 0.714 × 1.05 = +0.75

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

Activity Score not yet computed for this company.

Official Companies House page