TENSOR SYSTEMS LIMITED
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Cash
£3.8m
+10.1% highest in 6 filed years
Net assets
£4.8m
+1% vs 2025
Employees
72
-2.7% vs 2025
Profit before tax
£1.2m
-31% first positive since 2024
Net assets
6-year trend · vs Technology median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2021-05-31 | 2022-05-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £2,995,784 | £4,196,211 | £4,719,445 | £6,909,208 | £11,426,492 | £4,851,725 | -57.5% | |
| Operating profit | £604,378 | £910,126 | £635,749 | -£2,407,695 | £1,779,828 | £1,200,376 | -32.6% | |
| Profit before tax | £593,810 | £829,752 | £629,330 | -£2,431,386 | £1,755,314 | £1,210,624 | -31% | |
| Net profit | £617,326 | £829,752 | £629,330 | -£2,431,386 | £1,715,442 | £1,166,456 | -32% | |
| Cash | £771,553 | £741,842 | £79,795 | £94,733 | £3,412,701 | £3,758,339 | +10.1% | |
| Total assets less current liabilities | £5,630,207 | £5,855,082 | £5,882,181 | £3,350,027 | £4,845,398 | £4,822,843 | -0.5% | |
| Net assets | £5,130,207 | £5,242,582 | £5,681,357 | £3,180,657 | £4,764,036 | £4,810,492 | +1% | |
| Equity | £5,130,207 | £5,242,582 | £5,786,200 | £3,180,657 | £4,764,036 | £4,810,492 | +1% | |
| Average employees | 70 | 71 | 67 | 71 | 74 | 72 | -2.7% | |
| Wages | £1,812,795 | £1,852,985 | £1,574,569 | £2,057,499 | £2,246,200 | £2,250,221 | +0.2% | |
| Directors' remuneration | — | — | — | — | — | — | — |
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 | 2021-05-31 | 2022-05-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | 20.2% | 21.7% | 13.5% | -34.8% | 15.6% | 24.7% | |
| Net margin | 20.6% | 19.8% | 13.3% | -35.2% | 15.0% | 24.0% | |
| Return on capital employed | 10.7% | 15.5% | 10.8% | -71.9% | 36.7% | 24.9% | |
| Gearing (liabilities / total assets) | 22.5% | 22.9% | 22.7% | 33.7% | 35.1% | 31.3% | |
| Current ratio | — | — | 4.80x | 2.97x | 2.64x | 2.98x | |
| Interest cover | 56.86x | 11.29x | 92.84x | — | 72.53x | — |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- FKCA Limited
- 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 company's ability to continue as a going concern for a period of at least twelve months”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SMITH, Heather Elizabeth | Secretary | 2002-09-01 | — | British |
| SMITH, Ashley David | Director | 2007-06-01 | Sep 1977 | British |
| SMITH, Nigel Vaughan | Director | 1994-04-29 | Nov 1949 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HITCHEN, Jonathan | Secretary | 1996-01-01 | 2002-07-02 |
| JACKSON, Shirley | Secretary | 1992-06-01 | 1995-12-31 |
| RM REGISTRARS LIMITED | Corporate Nominee Secretary | 1992-05-29 | 1992-05-29 |
| COHEN, Violet | Nominee Director | 1992-05-29 | 1992-05-29 |
| DAVIS, Anthony Clifford | Director | 1992-06-01 | 1995-07-21 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Nigel Vaughan Smith | Individual | Significant influence, Significant influence (as trust), Significant influence (as firm) | 2016-04-06 | Active |
Filing timeline
Last 20 of 90 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-30 | AA | accounts | Accounts with accounts type full | |
| 2026-05-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-30 | AA | accounts | Accounts with accounts type full | |
| 2025-05-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-30 | AA | accounts | Accounts with accounts type full | |
| 2024-05-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-28 | AA | accounts | Accounts with accounts type full | |
| 2023-05-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-15 | AA01 | accounts | Change account reference date company current shortened | |
| 2022-11-30 | AA | accounts | Accounts with accounts type full | |
| 2022-05-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-02-07 | AA | accounts | Accounts with accounts type full | |
| 2021-06-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-05-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-11-24 | AA | accounts | Accounts with accounts type full | |
| 2020-05-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-12-09 | AA | accounts | Accounts with accounts type full | |
| 2019-05-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2018-11-13 | AA | accounts | Accounts with accounts type full | |
| 2018-05-08 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.