SOFTWIRE TECHNOLOGY LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-08-27 (in 3mo)
Last made up 2025-08-13
Watchouts
None on the register
Cash
£4M
-11% vs 2023
Net assets
£4M
+11.3% vs 2023
Employees
328
+8.6% vs 2023
Profit before tax
£2M
-6.2% vs 2023
Net assets
6-year trend · vs Technology median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £36,397,725 | £38,058,586 | |
| Operating profit | — | — | — | — | £2,300,160 | £2,154,198 | |
| Profit before tax | — | — | — | — | £2,309,375 | £2,166,671 | |
| Net profit | £1,590,437 | £5,344,641 | — | £2,098,480 | £2,344,822 | £2,173,626 | |
| Cash | £4,657,869 | £8,992,681 | £5,449,041 | £3,606,494 | £4,323,890 | £3,847,973 | |
| Total assets less current liabilities | £4,872,085 | — | — | — | £3,626,717 | £3,958,318 | |
| Net assets | £4,796,649 | £7,764,290 | £3,817,628 | £3,646,108 | £3,461,016 | £3,853,781 | |
| Equity | — | — | — | — | £3,461,016 | £3,853,781 | |
| Average employees | — | — | — | — | 302 | 328 | |
| Wages | — | — | — | — | £20,913,943 | £22,874,435 | |
| Directors' remuneration | — | — | — | — | £806,976 | £741,245 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+4.6%
£36,397,725 £38,058,586
-
Cash
-11%
£4,323,890 £3,847,973
-
Net assets
+11.3%
£3,461,016 £3,853,781
-
Employees
+8.6%
302 328
-
Operating profit
-6.3%
£2,300,160 £2,154,198
-
Profit before tax
-6.2%
£2,309,375 £2,166,671
-
Wages
+9.4%
£20,913,943 £22,874,435
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 6.3% | 5.7% | |
| Net margin | — | — | — | — | 6.4% | 5.7% | |
| Return on capital employed | — | — | — | — | 63.4% | 54.4% | |
| Current ratio | — | — | — | — | 1.40x | 1.44x | |
| Interest cover | — | — | — | — | 6284.59x | 17513.80x |
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
- Consolidated group
- Auditor
- Taylor Associates
- 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 group's and parent company's ability to continue as a going concern.”
Group structure
- SOFTWIRE TECHNOLOGY LIMITED · parent
- Softwire Romania SRL 100%
Significant events
- “The group has budgeted to offset all carbon emissions it was responsible for during 2024 (including allowances for upstream and downstream emissions) as part of its ongoing Net Zero strategy, focussing on high-quality carbon capture schemes to maximise impact. In total, in 2024 the Softwire group (and its employees via the aforesaid scheme) spent £177,268 on high-quality carbon capture.”
- “During the year the group made charitable donations in a total amount of around £41,625, and additionally provided paid employee volunteering days for charitable purposes at a cost of £226,901. The company also delivered pro bono work with an equivalent cost of £182,000.”
- “2024 saw Softwire continuing to thrive despite poor market conditions, strengthen our brand and capabilities, and invest in expanding our AI and data-driven services and in service offerings for new market verticals.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SHAVICK, Daniel Max | Secretary | 1999-08-13 | — | British |
| CUNNINGHAM, Zoe Frances | Director | 2012-11-22 | Apr 1979 | British |
| KENNY, Peter | Director | 1999-08-13 | Oct 1968 | British |
| MARSDEN, Philip Alexander | Director | 1999-08-13 | Jul 1968 | British |
| SHAVICK, Daniel Max | Director | 1999-08-13 | Jul 1970 | British |
| SMART, Paul Andrew | Director | 2016-01-01 | Dec 1972 | British |
| STEER, Thomas Keith | Director | 2012-11-22 | Nov 1975 | British |
| THOMAS, Andrew Ian | Director | 2012-11-22 | Apr 1980 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1999-08-13 | 1999-08-13 |
| RICHARDS, Matthew William | Director | 2012-11-22 | 2018-09-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Withani Limited | Corporate entity | Shares 75–100% | 2020-03-05 | Active |
| Mr Peter Kenny | Individual | Shares 25–50% | 2016-08-13 | Ceased 2020-03-05 |
| Mr Philip Alexander Marsden | Individual | Shares 25–50% | 2016-08-13 | Ceased 2020-03-05 |
| Mr Daniel Max Shavick | Individual | Shares 25–50% | 2016-08-13 | Ceased 2020-03-05 |
Filing timeline
Last 20 of 116 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-16 | AA | accounts | Accounts with accounts type group | |
| 2025-09-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-22 | CH01 | officers | Change person director company with change date | |
| 2024-10-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-09-18 | AA | accounts | Accounts with accounts type group | |
| 2024-09-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-02 | CH01 | officers | Change person director company with change date | |
| 2023-08-22 | CH01 | officers | Change person director company with change date | |
| 2023-08-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-08 | AA | accounts | Accounts with accounts type group | |
| 2022-09-12 | CH01 | officers | Change person director company with change date | |
| 2022-09-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-12 | CH01 | officers | Change person director company with change date | |
| 2022-08-22 | AA | accounts | Accounts with accounts type group | |
| 2021-09-21 | AA | accounts | Accounts with accounts type group | |
| 2021-08-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-08-27 | CH01 | officers | Change person director company with change date | |
| 2021-08-27 | CH01 | officers | Change person director company with change date | |
| 2021-08-27 | CH01 | officers | Change person director company with change date | |
| 2021-08-27 | CH01 | officers | Change person director company with change date |
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.