YARDI SYSTEMS LIMITED

• ⚠

  Material uncertainty over going concern

  The accounts have been drawn up on the going concern basis. The company owes its parent undertaking £7,593,534 which could be required for repayment without notice. The company is therefore dependent upon the continued support of the parent undertaking. The directors do not consider the support of the parent undertaking likely to be withdrawn.

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

• Turnover

  +12.2%

  £41,437,741 → £46,503,642

• Cash

  -10.6%

  £27,461,026 → £24,541,787

• Net assets

  +23.9%

  £5,075,739 → £6,287,264

• Employees

  +2.7%

  219 → 225

• Operating profit

  +12.5%

  £854,055 → £960,479

• Profit before tax

  -2.6%

  £829,781 → £808,262

• Wages

  +7.7%

  £19,807,644 → £21,329,345

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

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

The MGroup Partnership

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The accounts have been drawn up on the going concern basis. The company owes its parent undertaking £7,593,534 which could be required for repayment without notice. The company is therefore dependent upon the continued support of the parent undertaking. The directors do not consider the support of the parent undertaking likely to be withdrawn.”

Group structure

1. YARDI SYSTEMS LIMITED · parent
   1. Yardi Payments Limited 100% · England and Wales · Non trading
   2. We Are Forge Ltd 100% · England and Wales · Non trading
   3. Spacious Ltd 100% · England and Wales · Provision of flexible office space solutions

Significant events

• “On 30 December 2024, the company acquired 100% of the issued share capital of Spacious Ltd with a view to increasing the company's market share within the real estate industry.”
• “The group has made charitable donations during the year under review totalling £162,928 (2023 - £125,434).”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.