E Y C LIMITED
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Next accounts due
2025-09-30
Overdue
Confirmation statement due
2027-01-16 (in 8mo)
Last made up 2026-01-02
Watchouts
Cash
—
Latest balance sheet
Net assets
-£34M
-30.1% vs 2022
Employees
76
0% vs 2022
Profit before tax
-£8M
+28.6% vs 2022
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Annual accounts overdue
Due 2025-09-30.
-
Material uncertainty over going concern
The financial statements have been prepared on a going concern basis which is dependent on the continuing support of the ultimate parent company. The parent company, SymphonyAI LLC has indicated its commitment to continue to provide financial support for a period of no less than 12 months from the date of the signing of the accounts, on this basis the directors consider it appropriate to prepare the financial statements on a going concern basis. In the latest consolidated financial statements signed off for the parent company, SymphonyAI LLC has incurred a net loss and negative cash flows for the financial year ended 31 December 2023, but has prepared its business plan which considers increases in revenue and operational efficiency to improve operating cash flows and maintain compliance with banking covenants. In the event the business plan does not provide the necessary funds to enable compliance with the covenants, the wider SAI Group has agreed to provide unconditional financial support to SymphonyAl LLC itself to help the parent company meet its future obligations until at least 30 June 2026. These matters indicate the existence of a material uncertainty in respect of the going concern assessment for EYC Limited that may cast significant doubt on the company's ability to continue as a going concern, and that the company may, as a consequence, be unable to realise its assets and discharge its liabilities in the normal course of business.
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · latest reflected 2023-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Turnover | £11,838,633 | £11,850,840 | |
| Operating profit | -£8,436,428 | -£6,131,222 | |
| Profit before tax | -£11,050,046 | -£7,889,747 | |
| Net profit | -£11,092,385 | -£7,868,097 | |
| Cash | — | — | |
| Total assets less current liabilities | -£26,022,910 | -£34,008,430 | |
| Net assets | -£26,140,333 | -£34,008,430 | |
| Equity | -£26,140,333 | -£34,008,430 | |
| Average employees | 76 | 76 | |
| Wages | £6,987,477 | £7,714,894 | |
| Directors' remuneration | £764,288 | £195,459 |
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
FY2022 → FY2023 · period ending 2023-12-31 vs 2022-12-31
-
Turnover
+0.1%
£11,838,633 £11,850,840
-
Cash
—
Not reported
-
Net assets
-30.1%
-£26,140,333 -£34,008,430
-
Employees
0%
76 76
-
Operating profit
+27.3%
-£8,436,428 -£6,131,222
-
Profit before tax
+28.6%
-£11,050,046 -£7,889,747
-
Wages
+10.4%
£6,987,477 £7,714,894
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 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating margin | -71.3% | -51.7% | |
| Net margin | -93.7% | -66.4% | |
| Return on capital employed | 32.4% | 18.0% | |
| Gearing (liabilities / total assets) | 458.9% | 278.5% | |
| Current ratio | 0.22x | 0.36x | |
| Interest cover | -3.23x | -2.33x |
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
- KPMG
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The financial statements have been prepared on a going concern basis which is dependent on the continuing support of the ultimate parent company. The parent company, SymphonyAI LLC has indicated its commitment to continue to provide financial support for a period of no less than 12 months from the date of the signing of the accounts, on this basis the directors consider it appropriate to prepare the financial statements on a going concern basis. In the latest consolidated financial statements signed off for the parent company, SymphonyAI LLC has incurred a net loss and negative cash flows for the financial year ended 31 December 2023, but has prepared its business plan which considers increases in revenue and operational efficiency to improve operating cash flows and maintain compliance with banking covenants. In the event the business plan does not provide the necessary funds to enable compliance with the covenants, the wider SAI Group has agreed to provide unconditional financial support to SymphonyAl LLC itself to help the parent company meet its future obligations until at least 30 June 2026. These matters indicate the existence of a material uncertainty in respect of the going concern assessment for EYC Limited that may cast significant doubt on the company's ability to continue as a going concern, and that the company may, as a consequence, be unable to realise its assets and discharge its liabilities in the normal course of business.”
Group structure
- E Y C LIMITED · parent
- EYC BV 100%
- EYC GmbH 100%
- SymphonyEYC (Ireland) Limited 100%
- EYC LLC 0.01%
Significant events
- “Disposals during the year represent SymphonyEYC Solution UK Limited being dissolved on 5 November 2023.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 22 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BENOIT, Quest, Mr. | Director | 2020-12-15 | Jan 1967 | French |
| NARULA, Ravi, Mr. | Director | 2025-03-24 | Dec 1969 | American |
Show 22 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DOSANJH, Jasvir Kaur | Secretary | 2003-10-17 | 2010-10-06 |
| DUNN, Nicholas Stephen | Secretary | 2008-02-18 | 2010-10-06 |
| FISCH, Nicolette Patricia | Secretary | 2015-11-13 | 2016-11-18 |
| KHANDPUR, Simmi | Secretary | 2010-10-27 | 2014-09-23 |
| QUEST, Benoit | Secretary | 2020-03-01 | 2020-12-15 |
| SHEEDY, Paul | Secretary | 2006-07-06 | 2008-02-14 |
| SHERIFF, Samantha, Ms. | Secretary | 2019-12-17 | 2020-02-29 |
| YOUNG, Andrew | Secretary | 2016-11-19 | 2019-12-17 |
| ABOGADO NOMINEES LIMITED | Corporate Secretary | 2010-10-06 | 2010-10-27 |
| TEMPLE SECRETARIES LIMITED | Corporate Nominee Secretary | 2003-10-17 | 2003-10-17 |
| ANTONIO, Philippe, Mr. | Director | 2022-08-02 | 2025-03-24 |
| BUEHLMANN, Thomas | Director | 2012-08-01 | 2013-05-13 |
| CHATTERJEE, Pallab Kumar | Director | 2010-10-06 | 2020-02-29 |
| COOKSLEY, Graeme Roy, Mr. | Director | 2020-01-01 | 2020-12-15 |
| DOSANJH, Harkamaljit Has | Director | 2003-10-17 | 2014-02-13 |
| DOSANJH, Jasvir Kaur | Director | 2003-10-17 | 2010-04-15 |
| HUSTIS, Jonathan Karl, Mr. | Director | 2020-12-15 | 2022-08-01 |
| MACMILLIN, Bradley | Director | 2010-10-06 | 2012-07-12 |
| MILLIÈS-LACROIX, Mathilde | Director | 2017-11-17 | 2019-12-31 |
| SANDERS, Todd | Director | 2017-11-17 | 2018-09-24 |
| SHERIFF, Samantha Claire, Ms. | Director | 2020-03-01 | 2022-10-20 |
| COMPANY DIRECTORS LIMITED | Corporate Nominee Director | 2003-10-17 | 2003-10-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Eyc, Inc. | Corporate entity | Shares 75–100% | 2021-12-07 | Ceased 2021-12-17 |
| Ms. Kathleen Wadhwani | Individual | ownership-of-shares-25-to-50-percent-as-trust, Significant influence | 2018-01-01 | Ceased 2021-01-01 |
| Dr. Romesh - Wadhwani | Individual | Significant influence | 2016-10-06 | Ceased 2021-01-01 |
| Mr Pallab Kumar Chatterjee | Individual | Significant influence, significant-influence-or-control-as-trust, significant-influence-or-control-as-firm | 2016-10-06 | Ceased 2019-02-28 |
| Eyc Group Ltd | Legal person | Shares 75–100% | 2016-04-06 | Ceased 2021-12-07 |
| Mr. Romesh Wadhwani | Individual | Significant influence | 2016-04-06 | Active |
| Ms. Kathleen Wadhwani | Individual | Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 142 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-12-23 | DISS40 | gazette | Gazette filings brought up to date | |
| 2025-12-09 | GAZ1 | gazette | Gazette notice compulsory | |
| 2025-09-29 | AA | accounts | Accounts with accounts type full | |
| 2025-08-08 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-05-28 | DISS40 | gazette | Gazette filings brought up to date | |
| 2025-05-20 | GAZ1 | gazette | Gazette notice compulsory | |
| 2025-03-26 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-26 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-10 | DISS40 | gazette | Gazette filings brought up to date | |
| 2024-12-09 | AA | accounts | Accounts with accounts type full | |
| 2024-09-11 | DISS16(SOAS) | dissolution | Dissolved compulsory strike off suspended | |
| 2024-08-20 | GAZ1 | gazette | Gazette notice compulsory | |
| 2024-01-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-04-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-04-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-04-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-01-27 | 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
- 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.