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SYSTAL TECHNOLOGY SOLUTIONS LIMITED

#SC345442 · Active · Detailed profile · Incorporated 2008-07-08 (17y 10m) · Last filing 2025-10-23 (7mo ago)

Cash

£1M

+1,023% vs 2023

Net assets

£7M

-12.8% vs 2023

Employees

274

-13.3% vs 2023

Profit before tax

-£548K

+48.2% vs 2023

Profile

Company number
SC345442
Status
Active
Incorporation
2008-07-08
Last accounts made up
2024-12-31
Account category
FULL
Primary SIC
62020
Hubs
UK AI & Enterprise SaaS

Net assets

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

£0£10m£20m202020202021202120222022202320232024
SYSTAL TECHNOLOGY SOLUTIONS LIMITED

Accounts

9-year trend · latest 2024-12-31

Metric Trend 2020-01-012020-12-312021-01-012021-12-312022-01-012022-12-312023-01-012023-12-312024-12-31
Turnover —£27,810,723—£36,709,512—£54,942,131—£69,942,350£43,893,857
Operating profit —£5,728,216—£9,478,387—-£1,315,328—£1,250,186£1,322,423
Profit before tax —£5,689,384—£9,472,109—-£1,736,720—-£1,058,856-£548,119
Net profit —£4,537,215—£7,689,279—£172,021—-£191,106-£570,805
Cash —£1,710,622—£1,318,678—£73,444—£112,377£1,262,011
Total assets less current liabilities —£6,241,986—£14,437,559—£9,895,953—£9,269,191£6,821,582
Net assets —£6,061,997—£13,662,226—£8,400,247—£7,609,141£6,633,336
Equity £2,430,832£6,061,997£6,061,997£13,662,226£13,662,226£8,400,247£8,400,247£7,609,141£6,633,336
Average employees —197—262—319—316274
Wages —£6,907,350—£12,272,576—£18,790,410—£19,127,392£18,273,981

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
Anderson Anderson & Brown Audit LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In auditing the financial statements, we have concluded that the Directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 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 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.”

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 · 5 resigned

Name Role Appointed Born Nationality
CUMMING, Douglas Director 2014-01-01 Sep 1967 British
NICOLSON, Neil John Director 2008-07-08 Dec 1977 British
O'NEIL, Gary James Director 2008-07-08 Nov 1980 British
Show 5 resigned officers
Name Role Appointed Resigned
SHARKEY, Mike Secretary 2008-07-08 2008-08-18
ANDERSON, John Howard Director 2016-06-09 2021-03-02
RATTRAY, Craig Alexander Director 2015-01-07 2016-06-09
SHARKEY, Mike Director 2008-07-08 2008-08-18
TAYLOR, Scott Allan Director 2021-03-03 2021-12-31

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Systal Holdings Limited Corporate entity Shares 75–100% 2020-07-01 Active
Mr Douglas Cumming Individual Shares 25–50%, Voting 25–50% 2016-04-06 Ceased 2020-07-01
Mr Neil John Nicolson Individual Shares 25–50%, Voting 25–50% 2016-04-06 Ceased 2020-07-01
Mr Gary James O'Neil Individual Shares 25–50%, Voting 25–50% 2016-04-06 Ceased 2020-07-01

Filing timeline

Last 20 of 77 total filings

Date Type Category Description
2025-10-23 466(Scot) mortgage mortgage alter floating charge with number
2025-10-21 466(Scot) mortgage mortgage alter floating charge with number
2025-10-21 466(Scot) mortgage mortgage alter floating charge with number
2025-09-30 AA accounts accounts with accounts type full
2025-09-25 MR01 mortgage mortgage create with deed with charge number charge creation date
2025-09-25 MR04 mortgage mortgage satisfy charge full
2025-09-25 MR01 mortgage mortgage create with deed with charge number charge creation date
2025-09-25 MR01 mortgage mortgage create with deed with charge number charge creation date
2025-09-23 MR05 mortgage mortgage charge whole release with charge number
2025-07-18 CS01 confirmation-statement confirmation statement with no updates
2024-09-12 AA accounts accounts with accounts type full
2024-07-19 CS01 confirmation-statement confirmation statement with no updates
2023-09-29 AA accounts accounts with accounts type full
2023-07-11 CS01 confirmation-statement confirmation statement with no updates
2023-05-23 TM01 officers termination director company with name termination date
2022-09-30 AA accounts accounts with accounts type full
2022-09-01 CS01 confirmation-statement confirmation statement with no updates
2021-08-26 AA accounts accounts with accounts type full
2021-08-04 CS01 confirmation-statement confirmation statement with no updates
2021-05-21 AP01 officers appoint person director company with name date

Credit score

Altman Z″ (private-firm) · reference 2024-12-31

2.05

GREY ZONE

Altman Z″

  • Working capital / Total assets 0.183 × 6.56 = +1.20
  • Retained earnings / Total assets 0.000 × 3.26 = +0.00
  • EBIT / Total assets 0.059 × 6.72 = +0.40
  • Book equity / Total liabilities 0.425 × 1.05 = +0.45

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

Composite activity score · components 0–100 · reference 2026-05-09

28.2

COLD

/ 100

  • Filings velocity 83
  • Capital events 0
  • Officer churn 0
  • Headcount trajectory 37
  • Accounts trajectory 13
  • 10 filing(s) in last 12 months
  • Employees -13% YoY
  • Turnover -37% YoY

Official Companies House page