JALTEK SYSTEMS LIMITED
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Cash
£3.5k
-80.4% lowest in 6 filed years
Net assets
£10m
+6.8% vs 2024
Employees
101
+8.6% vs 2024
Profit before tax
£862k
+203.9% first positive since 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
6-year trend · vs Technology median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £12,336,377 | £9,574,325 | £13,939,692 | £15,619,883 | £13,748,604 | £19,007,171 | +38.2% | |
| Operating profit | £1,131,378 | £70,131 | £764,926 | £1,328,221 | -£465,261 | £1,251,820 | +369.1% | |
| Profit before tax | £994,268 | -£53,849 | £561,929 | £1,000,104 | -£829,515 | £862,190 | +203.9% | |
| Net profit | £854,090 | -£117,338 | £748,365 | £1,023,888 | -£673,683 | £635,330 | +194.3% | |
| Cash | £40,706 | £216,212 | £88,708 | £145,371 | £17,972 | £3,529 | -80.4% | |
| Total assets less current liabilities | £9,013,739 | £8,778,116 | £9,440,648 | £10,434,999 | £9,559,257 | £10,643,447 | +11.3% | |
| Net assets | £8,392,595 | £8,275,257 | £9,023,622 | £10,047,510 | £9,373,827 | £10,009,157 | +6.8% | |
| Equity | £8,392,595 | £8,275,257 | £9,023,622 | £10,047,510 | £9,373,827 | £10,009,157 | +6.8% | |
| Average employees | 91 | 93 | 93 | 105 | 93 | 101 | +8.6% | |
| Wages | £2,684,932 | £2,544,324 | £2,957,478 | £3,668,915 | £3,386,863 | £3,856,123 | +13.9% | |
| Directors' remuneration | £160,707 | £171,101 | £132,743 | £182,426 | £255,873 | £243,902 | -4.7% | |
| Directors' pension contributions | — | — | — | £51,944 | £77,322 | £68,029 | -12% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | 9.2% | 0.7% | 5.5% | 8.5% | -3.4% | 6.6% | |
| Net margin | 6.9% | -1.2% | 5.4% | 6.6% | -4.9% | 3.3% | |
| Return on capital employed | 12.6% | 0.8% | 8.1% | 12.7% | -4.9% | 11.8% | |
| Gearing (liabilities / total assets) | 43.4% | 48.3% | 48.3% | 46.3% | 51.8% | 56.1% | |
| Current ratio | — | — | — | 2.07x | 1.83x | 1.73x | |
| Interest cover | 8.25x | 0.57x | 3.77x | 4.05x | -1.28x | 3.21x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- JALTEK SYSTEMS LIMITED 1992-01-10 → present
- JALTEK INSTRUMENTS LIMITED 1988-11-04 → 1992-01-10
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Shaw Gibbs (Audit) Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting.”
Significant events
- “On 31 March 2026, the company declared a dividend of £9,000,000 to its parent company, Jaltek Holdings Limited. The dividend was settled by way of offset against the amount owed by Jaltek Holdings Limited to the company, thereby reducing the intercompany debtor balance.”
- “On 29 May 2026, a share purchase agreement was entered into for the sale of the entire issued share capital of Jaltek Holdings Limited to Norautron AS, a company incorporated in Norway. The transaction had not completed by the date on which these financial statements were approved...”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BRATH, Bjørn Einar | Director | 2026-08-06 | Sep 1969 | Norwegian |
| LISLIEN, Bjørn | Director | 2026-08-06 | Jan 1972 | Norwegian |
| PITTOM, John Steven | Director | 2001-01-01 | Oct 1972 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| NOBLE, Philip Granville | Secretary | — | 1999-06-01 |
| SOOD, Anmol Kumar | Secretary | 2008-07-25 | 2026-08-06 |
| SOOD, Rajesh | Secretary | 1999-06-01 | 2008-07-25 |
| CATCHPOLE, John | Director | — | 2000-12-31 |
| COX, Brian Christopher | Director | 1995-08-09 | 1999-06-01 |
| NOBLE, Philip Granville | Director | — | 1999-12-09 |
| SOOD, Anmol Kumar | Director | 2008-02-27 | 2026-08-06 |
| SOOD, Pravin Kumar, Chairman | Director | 1998-05-26 | 2026-08-06 |
| SOOD, Rajesh Kumar | Director | 2002-01-01 | 2009-06-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Jaltek Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-07-01 | Active |
Filing timeline
Last 20 of 154 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-02 | AA | accounts | Accounts with accounts type full | |
| 2026-08-17 | AP01 | officers | Appoint person director company with name date | |
| 2026-08-17 | AP01 | officers | Appoint person director company with name date | |
| 2026-08-17 | TM01 | officers | Termination director company with name termination date | |
| 2026-08-17 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-08-17 | TM01 | officers | Termination director company with name termination date | |
| 2026-06-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-26 | AA | accounts | Accounts with accounts type full | |
| 2025-05-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-26 | AA | accounts | Accounts with accounts type full | |
| 2024-06-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-29 | AA | accounts | Accounts with accounts type full | |
| 2023-05-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-30 | AA | accounts | Accounts with accounts type full | |
| 2022-05-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-11-30 | AA | accounts | Accounts with accounts type full | |
| 2021-05-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-01-20 | AA | accounts | Accounts with accounts type full | |
| 2020-10-19 | CH01 | officers | Change person director company with change date | |
| 2020-05-27 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 3
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.