BLACK SWAN DATA LTD

• ⚠

  Material uncertainty over going concern

  It has been identified that the company may need additional investment to meet liabilities as they fall due over the next 12 months. Without the investment there may be material uncertainty in respect of going concern. The directors, however, are confident that they will be able to obtain additional financing, due to current negotiation, and thus, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

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

  +23.2%

  £7,421,000 → £9,140,000

• Cash

  -2.5%

  £199,000 → £194,000

• Net assets

  -120.6%

  -£2,531,000 → -£5,584,000

• Employees

  -14.8%

  128 → 109

• Operating profit

  +72.5%

  -£7,511,000 → -£2,062,000

• Profit before tax

  +59.7%

  -£7,968,000 → -£3,208,000

• Wages

  -26.1%

  £8,203,000 → £6,062,000

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

BURGESS HODGSON LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“It has been identified that the company may need additional investment to meet liabilities as they fall due over the next 12 months. Without the investment there may be material uncertainty in respect of going concern. The directors, however, are confident that they will be able to obtain additional financing, due to current negotiation, and thus, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. BLACK SWAN DATA LTD · parent
   1. Black Swan Trends Limited 100% · UK
   2. Black Swan Data Inc. 100% · USA
   3. Black Swan Hungary Kft 100% · Hungary
   4. Black Swan Technologies (PTY) Ltd 100% · South Africa

Significant events

• “Turnover of the group for the year ended 31 December 2024 was £9,140,000 compared to £7,421,000 for the previous period of 31 December 2023. The turnover increase is a result of increasing the customer base as we are able to deliver our product to new businesses. The Trendscope business continued to develop well, with recurring licence revenues growing over the year. Losses after tax for the current year were £2,815,000 compared to a £7,373,000 for the previous year. The continuing loss is attributed to investment in building the sales and marketing team, developing the Trendscope platform and making further C-level strategic hires.”

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

Filings

16

last 12 months

Capital events

1

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.