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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2025-03-31

Confirmation statement due

2026-04-19

Overdue

Watchouts

2 items

Cash

£8M

+91.7% vs 2024

Net assets

£33M

+13% vs 2024

Employees

Average over period

Profit before tax

£5M

-0.9% vs 2024

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

2-year trend · latest reflected 2025-03-31

Metric Trend 2024-03-312025-03-31
Turnover £28,732,190£23,853,499
Operating profit £4,560,750£4,152,121
Profit before tax £5,210,756£5,162,366
Net profit £3,854,253£3,828,770
Cash £4,155,212£7,967,127
Total assets less current liabilities £29,551,579£33,380,349
Net assets £29,551,579£33,380,349
Equity £29,551,579£33,380,349
Average employees
Wages £9,245,947£7,678,938
Directors' remuneration £166,093

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

FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31

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 2024-03-312025-03-31
Operating margin 15.9%17.4%
Net margin 13.4%16.1%
Return on capital employed 15.4%12.4%
Current ratio 5.89x6.86x
Interest cover 746.44x421.49x

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.

Name history

Renamed 1 time since incorporation

  1. MASTEK SYSTEMS COMPANY LTD 2023-04-20 → present
  2. EVOLUTIONARY SYSTEMS COMPANY LTD 2011-03-10 → 2023-04-20

Audit & accounting basis

Accounting basis
FRS 101
Reporting scope
Standalone (parent only)
Auditor
PBG Associates (London) Ltd
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The company meets its day-to-day working capital requirements through its cash reserves and borrowings. Despite the current economic conditions creating uncertainty, particularly regarding the demand for the company's services, management has reviewed forecasts and projections extending to March 2026. These forecasts, which consider reasonably possible changes in business performance, indicate that the company should be able to operate within its current cash reserves. Management has also performed sensitivity analysis and considered potential mitigations for any drop in activity. They have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Therefore, the company continues to adopt the going concern basis in preparing its financial statements.”

Group structure

  1. MASTEK SYSTEMS COMPANY LTD · parent
    1. Mastek Systems BV 100% · Netherlands

Significant events

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
SARKAR, Soutik Secretary 2023-08-09
DESAI, Ashank Datta Director 2023-09-21 May 1951 Indian
GROVER, Rajeev Kumar Director 2023-09-21 Jul 1964 Indian
SINGH, Abhishek Director 2023-09-21 Dec 1978 Indian
Show 6 resigned officers
Name Role Appointed Resigned
DEY, Manik Secretary 2014-10-08 2020-04-10
BHINDE, Yashodhar Director 2011-08-31 2023-07-21
CHANDRANA, Hiral Suresh Director 2023-09-21 2024-09-03
NAHATA, Umang Tejkaran Director 2014-05-15 2023-09-25
NAHATA, Ummed Singh Director 2011-03-10 2014-05-15
RAO, Priti Jay Director 2021-10-01 2023-05-01

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mastek Limited Corporate entity Shares 75–100% 2022-05-20 Ceased 2025-05-12
Mastek Enterprise Solutions Private Limited (India) Corporate entity Shares 75–100% 2020-02-01 Active
Evolutionary Systems Pvt Limited Corporate entity Shares 75–100% 2016-04-06 Ceased 2022-05-20

Filing timeline

Last 20 of 61 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2023-04-20 CERTNM Certificate change of name company
  • 2023-04-20 CONNOT Change of name notice
Date Type Category Description
2026-01-09 AA accounts Accounts with accounts type full
2025-05-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-05-12 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-05-12 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2025-01-03 AA accounts Accounts with accounts type full
2024-09-18 TM01 officers Termination director company with name termination date PDF
2024-05-10 CS01 confirmation-statement Confirmation statement with updates PDF
2024-01-10 AA accounts Accounts with accounts type full
2023-12-07 TM01 officers Termination director company with name termination date PDF
2023-09-28 AP01 officers Appoint person director company with name date PDF
2023-09-28 AP01 officers Appoint person director company with name date PDF
2023-09-28 AP01 officers Appoint person director company with name date PDF
2023-09-28 AP01 officers Appoint person director company with name date PDF
2023-08-15 AP03 officers Appoint person secretary company with name date PDF
2023-08-15 TM01 officers Termination director company with name termination date PDF
2023-05-22 TM01 officers Termination director company with name termination date PDF
2023-05-11 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-04-20 CERTNM change-of-name Certificate change of name company
2023-04-20 CONNOT change-of-name Change of name notice
2023-04-11 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

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.

Official Companies House page