SLITHERINE SOFTWARE UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-03-25
Overdue
Watchouts
Cash
£2M
+25.9% vs 2023
Net assets
£18M
+7.8% vs 2023
Employees
26
+13% vs 2023
Profit before tax
£2M
-24.4% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-03-25.
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
6-year trend · vs Consumer Discretionary 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 | — | — | — | — | £16,225,650 | £19,179,369 | |
| Operating profit | — | — | — | — | £1,210,096 | £726,680 | |
| Profit before tax | — | — | — | — | £3,170,965 | £2,398,224 | |
| Net profit | — | — | — | — | £2,582,475 | £2,513,407 | |
| Cash | — | — | — | — | £1,350,952 | £1,700,524 | |
| Total assets less current liabilities | — | — | — | — | £16,644,085 | £17,942,383 | |
| Net assets | — | — | — | — | £16,640,355 | £17,937,671 | |
| Equity | — | — | £11,641,480 | £14,043,416 | £16,640,355 | £17,937,671 | |
| Average employees | — | — | — | — | 23 | 26 | |
| Wages | — | — | — | — | £4,023,946 | £4,560,196 | |
| Directors' remuneration | — | — | — | — | £602,167 | £550,352 |
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
+18.2%
£16,225,650 £19,179,369
-
Cash
+25.9%
£1,350,952 £1,700,524
-
Net assets
+7.8%
£16,640,355 £17,937,671
-
Employees
+13%
23 26
-
Operating profit
-39.9%
£1,210,096 £726,680
-
Profit before tax
-24.4%
£3,170,965 £2,398,224
-
Wages
+13.3%
£4,023,946 £4,560,196
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 | — | — | — | — | 7.5% | 3.8% | |
| Net margin | — | — | — | — | 15.9% | 13.1% | |
| Return on capital employed | — | — | — | — | 7.3% | 4.1% | |
| Current ratio | — | — | — | — | 4.48x | 4.46x | |
| Interest cover | — | — | — | — | 2318.19x | 287.79x |
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
- Riches & Company
- 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 for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- SLITHERINE SOFTWARE UK LIMITED · parent
- Slitherine SRL 100%
- Slitherine Corporation 100%
- Slitherine sp. z o.o. 100%
Significant events
- “Subsequent to the reporting date, on 25 September 2025, Mr I R McNeil sold his entire shareholding in the Company to McNeil Group Holdings Limited, a company registered in England and Wales, in which Mr I R McNeil is the majority shareholder. This event does not affect the amounts recognised in these financial statements for the year ended 31 December 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MCNEIL, Iain Richard | Secretary | 2000-07-25 | — | British |
| MCNEIL, Iain Richard | Director | 2000-07-25 | Mar 1973 | British |
| MINOLI, Marco Alessandro | Director | 2017-10-19 | May 1976 | Italian |
| VEALE, Philip C | Director | 2003-01-02 | Sep 1972 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LEGAL SECRETARIES LIMITED | Corporate Nominee Secretary | 2000-07-25 | 2000-07-25 |
| MC NEIL, John Driscoll | Director | 2000-07-25 | 2023-10-13 |
| PARSONS, David Neville | Director | 2002-01-16 | 2003-03-31 |
| SCARROW, Alexander | Director | 2003-12-19 | 2005-03-31 |
| STEVENS, Ian | Director | 2002-01-16 | 2004-08-01 |
| LEGAL DIRECTORS LTD (COMP NBR 3368733) | Corporate Nominee Director | 2000-07-25 | 2000-07-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mcneil Group Holdings Limited | Corporate entity | Shares 50–75%, Voting 75–100%, Appoints directors | 2025-09-25 | Active |
| Mr Iain Richard Mcneil | Individual | Shares 50–75%, Voting 75–100%, Appoints directors | 2022-02-03 | Ceased 2025-09-25 |
| Mr John Driscoll Mcneil | Individual | Shares 75–100% | 2016-07-25 | Ceased 2022-02-03 |
Filing timeline
Last 20 of 93 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-10-14 RESOLUTIONS Resolution
- 2025-10-14 MA Memorandum articles
- 2025-10-13 MA Memorandum articles
- 2025-10-13 RESOLUTIONS Resolution
- 2025-08-19 RESOLUTIONS Resolution
- 2025-05-21 RESOLUTIONS Resolution
- 2025-05-21 MA Memorandum articles
- 2024-05-31 MA Memorandum articles
- 2024-05-22 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-11 | AA | accounts | Accounts with accounts type group | |
| 2025-10-14 | RESOLUTIONS | resolution | Resolution | |
| 2025-10-14 | MA | incorporation | Memorandum articles | |
| 2025-10-13 | MA | incorporation | Memorandum articles | |
| 2025-10-13 | RESOLUTIONS | resolution | Resolution | |
| 2025-10-08 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-10-08 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-09-19 | CH03 | officers | Change person secretary company with change date | |
| 2025-09-19 | CH01 | officers | Change person director company with change date | |
| 2025-08-19 | SH20 | capital | Legacy | |
| 2025-08-19 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2025-08-19 | CAP-SS | insolvency | Legacy | |
| 2025-08-19 | RESOLUTIONS | resolution | Resolution | |
| 2025-05-21 | RESOLUTIONS | resolution | Resolution | |
| 2025-05-21 | MA | incorporation | Memorandum articles | |
| 2025-03-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-18 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-30 | AA | accounts | Accounts with accounts type group | |
| 2024-05-31 | MA | incorporation | Memorandum articles | |
| 2024-05-22 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 15
- Capital events
- 2
- 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.