LICENTIA GROUP LTD
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Cash
£3.3M
+231% vs 2024
Net assets
£19M
-12% vs 2024
Employees
34
-24.4% vs 2024
Profit before tax
-£2.7M
+74% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
We draw attention to note 1.4 in the financial statements, which indicates that the group incurred a net loss of £2,549,492 during the year ended 30 June 2025. As stated in note 1.4, these events or conditions, indicate that a material uncertainty exist that may cast doubt on the group's ability to continue as a going concern.
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-06-30
| Metric | Trend | 2024-06-30 | 2025-06-30 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £3,163,653 | £4,592,460 | +45.2% | |
| Operating profit | -£10,538,629 | -£2,652,727 | +74.8% | |
| Profit before tax | -£10,534,388 | -£2,742,078 | +74% | |
| Net profit | -£11,193,045 | -£2,549,492 | +77.2% | |
| Cash | £1,003,073 | £3,320,106 | +231% | |
| Total assets less current liabilities | £21,726,116 | £23,152,767 | +6.6% | |
| Net assets | £21,146,266 | £18,605,338 | -12% | |
| Equity | £21,146,266 | £18,605,338 | -12% | |
| Average employees | 45 | 34 | -24.4% | |
| Wages | £2,171,897 | £1,657,458 | -23.7% | |
| Directors' remuneration | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-06-30 | 2025-06-30 |
|---|---|---|---|
| Operating margin | — | -57.8% | |
| Net margin | — | -55.5% | |
| Return on capital employed | -48.5% | -11.5% | |
| Gearing (liabilities / total assets) | 7.8% | 25.6% | |
| Current ratio | 2.52x | 2.66x | |
| Interest cover | — | -29.43x |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- LICENTIA GROUP LTD 2012-08-24 → present
- MANDACO 735 LIMITED 2012-04-26 → 2012-08-24
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Kilsby & Williams LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“We draw attention to note 1.4 in the financial statements, which indicates that the group incurred a net loss of £2,549,492 during the year ended 30 June 2025. As stated in note 1.4, these events or conditions, indicate that a material uncertainty exist that may cast doubt on the group's ability to continue as a going concern.”
Group structure
- LICENTIA GROUP LTD · parent
- Mypinpad Limited 100%
- Mypinpad (Asia) Limited 100%
- Transaction Technologies Pte Limited 100%
Significant events
- “During the year, the Group completed the development of a new unified platform, which fully replaces the legacy Mypinpad and Smartpesa solutions.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FORLEE, Richard Paul Mark Aidan | Director | 2020-10-20 | Sep 1960 | British |
| GAYLARD, Anton | Director | 2023-05-02 | Jul 1969 | South African |
| HEAD, Ashley John | Director | 2018-12-19 | Apr 1951 | British |
| LEVETT, Barry Sean | Director | 2022-08-10 | Dec 1972 | Irish |
| SHAW, Kemper | Director | 2018-12-19 | Jul 1977 | American |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ACUITY SECRETARIES LIMITED | Corporate Secretary | 2012-04-26 | 2012-08-24 |
| AVERY-WRIGHT, Richard Patrick | Director | 2013-11-01 | 2016-10-04 |
| BERRY, Stephen Richard | Director | 2013-03-31 | 2015-12-04 |
| BERRY, Stephen Richard | Director | 2012-04-26 | 2012-08-24 |
| COURTNEIDGE, Robert Edmund | Director | 2016-06-01 | 2018-12-10 |
| DUNKELBERGER, Phillip Mark | Director | 2015-12-04 | 2023-06-30 |
| GREENE, Colin Anthony | Director | 2020-02-06 | 2020-10-20 |
| KING, Philip William | Director | 2013-02-01 | 2020-04-03 |
| MUXWORTHY, David John | Director | 2012-08-24 | 2015-12-04 |
| PERRY, Stephen Mark, Dr. | Director | 2016-10-04 | 2018-12-05 |
| PIKE, Justin Richard | Director | 2012-08-24 | 2021-09-14 |
| SYMS, Allan John | Director | 2012-08-24 | 2015-12-04 |
| M AND A NOMINEES LIMITED | Corporate Director | 2012-04-26 | 2012-08-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr James David Taylor | Individual | Shares 25–50%, Voting 25–50% | 2020-09-30 | Active |
Filing timeline
Last 20 of 116 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-04-15 RESOLUTIONS Resolution
- 2023-05-27 MA Memorandum articles
- 2023-05-19 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-27 | AA | accounts | Accounts with accounts type group | |
| 2025-09-24 | SH08 | capital | Capital name of class of shares | |
| 2025-09-22 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2025-09-03 | AA | accounts | Accounts with accounts type group | |
| 2025-07-07 | SH01 | capital | Capital allotment shares | |
| 2025-06-19 | AA01 | accounts | Change account reference date company previous extended | |
| 2025-06-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-15 | RESOLUTIONS | resolution | Resolution | |
| 2025-01-20 | AA | accounts | Accounts with accounts type group | |
| 2024-08-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-06-18 | AA01 | accounts | Change account reference date company previous shortened | |
| 2023-10-10 | AA | accounts | Accounts with accounts type group | |
| 2023-07-12 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-29 | AA01 | accounts | Change account reference date company current shortened | |
| 2023-05-27 | MA | incorporation | Memorandum articles | |
| 2023-05-22 | SH01 | capital | Capital allotment shares | |
| 2023-05-19 | RESOLUTIONS | resolution | Resolution | |
| 2023-05-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-05-08 | SH01 | capital | Capital allotment shares | |
| 2023-05-03 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 2
- 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.