SILIXA LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-04-11 (in 11mo)
Last made up 2026-03-28
Watchouts
None on the register
Cash
£1M
-19.6% vs 2023
Net assets
£9M
-27% lowest in 3 filed years
Employees
114
-1.7% vs 2023
Profit before tax
-£4M
-208.7% vs 2023
Net assets
6-year trend · vs Industrials 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 | — | — | — | — | £25,818,664 | £21,719,948 | |
| Operating profit | — | — | — | — | -£1,203,005 | -£3,702,225 | |
| Profit before tax | — | — | — | — | -£1,198,973 | -£3,701,088 | |
| Net profit | — | £2,844,436 | — | — | -£1,221,939 | -£3,478,219 | |
| Cash | £3,353,864 | £5,368,942 | £2,183,226 | £422,414 | £1,560,367 | £1,255,174 | |
| Total assets less current liabilities | — | — | — | — | £13,245,064 | £9,688,727 | |
| Net assets | — | £13,508,221 | — | — | £12,597,325 | £9,194,237 | |
| Equity | — | — | — | -£7,770,637 | £12,597,325 | £9,194,237 | |
| Average employees | — | 67 | — | — | 116 | 114 | |
| Wages | — | £4,102,587 | — | — | £9,433,777 | £10,871,597 | |
| Directors' remuneration | — | — | — | — | £732,581 | — |
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
-15.9%
£25,818,664 £21,719,948
-
Cash
-19.6%
£1,560,367 £1,255,174
-
Net assets
-27%
£12,597,325 £9,194,237
lowest in 3 filed years
-
Employees
-1.7%
116 114
-
Operating profit
-207.7%
-£1,203,005 -£3,702,225
-
Profit before tax
-208.7%
-£1,198,973 -£3,701,088
-
Wages
+15.2%
£9,433,777 £10,871,597
highest in 3 filed years
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 | — | — | — | — | -4.7% | -17.0% | |
| Net margin | — | — | — | — | -4.7% | -16.0% | |
| Return on capital employed | — | — | — | — | -9.1% | -38.2% | |
| Gearing (liabilities / total assets) | — | — | — | — | 29.7% | 43.9% | |
| Current ratio | — | — | — | — | 2.58x | 1.69x |
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
- Lawrence Grant LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's 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
- SILIXA LTD · parent
- Silixa LLC 100%
- Silixa Inc. 100%
- Silixa B.V 100%
Significant events
- “Silixa further expanded operations, reinforcing growth in Canada and Europe, particularly targeting oil & gas, renewable energy, CCUS, and infrastructure sectors. Concurrently, Silixa continued expanding its presence within the United States, enhancing strategic customer relationships.”
- “In 2024, Silixa advanced strategic initiatives to capitalise on global energy transition and sustainability trends. Through extensive rebranding, focused market segmentation, and digital enhancement, Silixa solidified its reputation as a leader in sustainable energy technologies.”
- “The upstream division experienced a strong recovery, securing key contracts with major customers including ConocoPhillips, Chevron, Shell, BP, and others.”
- “Silixa restructured its organisation in 2024 to align with two primary verticals: Upstream and Environmental & Scientific.”
- “Technological advancements in 2024 included the launch of the next-generation intelligent DAS (IDAS NG) platform and the commercial deployment of the Brillouin-based distributed static strain sensor (IDSS).”
- “Integration within Luna Innovations continued to foster collaborative synergies across business units.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ILCISIN, Kevin | Director | 2025-09-25 | Jan 1965 | American |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| AMUNIKORO, Rasheed Abayomi | Secretary | 2009-06-01 | 2023-12-21 |
| PARKER, Tom, Dr | Secretary | 2007-04-10 | 2009-04-01 |
| BLACKFORD, Dylan Scott | Director | 2023-07-14 | 2023-12-21 |
| BURGESS, Trevor Michael | Director | 2010-03-18 | 2023-06-21 |
| FARHADIROUSHAN, Mahmoud | Director | 2007-04-10 | 2023-12-21 |
| GAUTIER-WINTHER, Andrew Pierre | Director | 2023-06-21 | 2023-12-21 |
| GOLIGHER, Alison Jane Patricia | Director | 2016-07-13 | 2023-12-21 |
| GOMEZ-QUINTERO, George | Director | 2023-12-21 | 2024-05-02 |
| GRAEFF, Scott Allen | Director | 2023-12-21 | 2024-03-25 |
| MASVIE, Ingebrigt | Director | 2016-08-30 | 2023-12-21 |
| O'CONNOR, Keith Patrick | Director | 2011-01-01 | 2016-06-24 |
| OLDEMEYER, Thomas Kurt | Director | 2024-05-09 | 2025-09-30 |
| PARKER, Tom, Dr | Director | 2007-04-10 | 2023-12-21 |
| PAULSEN, Sigurd Moe | Director | 2012-08-10 | 2016-08-31 |
| ROIKO, John Charles | Director | 2024-05-02 | 2025-07-15 |
| WILLIAMS, Glynn Richard | Director | 2017-10-16 | 2023-12-21 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Luna Innovations Inc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-12-21 | Active |
Filing timeline
Last 20 of 145 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-13 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-30 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-17 | AA | accounts | Accounts with accounts type group | |
| 2025-09-12 | ANNOTATION | miscellaneous | Legacy | |
| 2025-07-28 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-14 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-04-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-31 | AA | accounts | Accounts with accounts type group | |
| 2024-05-14 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-09 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-09 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-04-26 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-06 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-01-06 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2024-01-04 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-04 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-04 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-04 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 2
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.