TESSIAN LIMITED
Get an alert when TESSIAN LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-01-01 (in 8mo)
Last made up 2025-12-18
Watchouts
None on the register
Cash
£17M
Latest balance sheet
Net assets
£33M
first positive since 2023
Employees
100
lowest in 3 filed years
Profit before tax
£34M
Period ending 2024-12-31
Net assets
4-year trend · vs Technology median
Accounts
4-year trend · latest reflected 2024-12-31
| Metric | Trend | 2022-03-31 | 2023-03-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £23,923,812 | £32,130,926 | |
| Operating profit | — | — | -£26,923,551 | -£1,440,911 | |
| Profit before tax | — | — | -£27,988,968 | £34,277,664 | |
| Net profit | — | — | -£28,203,690 | £34,044,659 | |
| Cash | — | £29,085,991 | £14,188,348 | £17,185,469 | |
| Total assets less current liabilities | — | £56,214,539 | -£1,206,921 | £35,025,945 | |
| Net assets | — | £56,135,346 | -£1,242,481 | £32,802,178 | |
| Equity | £62,613,766 | £56,135,346 | -£1,242,481 | £32,802,178 | |
| Average employees | — | 222 | 170 | 100 | |
| Wages | — | — | £24,611,831 | £13,925,554 | |
| Directors' remuneration | — | — | £4,198,828 | £0 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2022-03-31 | 2023-03-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Operating margin | — | — | -112.5% | -4.5% | |
| Net margin | — | — | -117.9% | 106.0% | |
| Return on capital employed | — | — | 2230.8% | -4.1% | |
| Gearing (liabilities / total assets) | — | — | 105.3% | 34.0% | |
| Current ratio | — | — | 0.94x | 3.38x | |
| Interest cover | — | — | -13.57x | — |
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 3 times since incorporation
- TESSIAN LIMITED 2018-06-20 → present
- CHECKRECIPIENT LIMITED 2016-08-08 → 2018-06-20
- QUIVER SOFTWARE LIMITED 2013-05-07 → 2016-08-08
- RECIPICHECK LIMITED 2013-01-14 → 2013-05-07
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- WP Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Group is confident there are sufficient cash reserves to trade for more than 12 months from the date of approval of the financial statements. The Group has considered a severe but plausible downside scenario with decreasing sales and higher than targeted expenditure, which still showed a going concern status. The metric Free Cash Flow has been a used in forecasting and in considering the going concern basis. Tessian Limited's ultimate parent company, Proofpoint Inc, remains in a strong financial position as at 31 December 2024 and has no concerns about being able to continue providing support to its subsidiaries for the foreseeable future. For this reason the Directors are confident that the Group can continue in operational existence for the foreseeable future being a period of at least 12 months from the signing of these financial statements and as a result have prepared the accounts on a going concern basis.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 19 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CHIN, Kyle Michael | Director | 2023-12-19 | Apr 1971 | American |
Show 19 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CORPORATION SERVICE COMPANY (UK) LIMITED | Corporate Secretary | 2024-02-15 | 2025-07-21 |
| CSC CLS (UK) LIMITED | Corporate Secretary | 2025-07-21 | 2026-03-23 |
| OAKWOOD CORPORATE SECRETARY LIMITED | Corporate Secretary | 2021-11-03 | 2024-02-15 |
| ADAMS, Thomas Sebastian Borley | Director | 2015-01-01 | 2017-03-14 |
| ADAMS, Thomas Sebastian Borley | Director | 2013-01-14 | 2014-04-04 |
| ASHER, Jeffrey Scott | Director | 2023-12-19 | 2024-02-06 |
| BISHOP, Edward | Director | 2013-01-14 | 2023-12-19 |
| BRASOVEANU, Andrei Florin | Director | 2020-03-16 | 2023-12-19 |
| CHANDRATILLAKE, Suranga, Mr. | Director | 2018-03-28 | 2023-12-19 |
| HAMILTON, Ian Charles | Director | 2016-08-09 | 2021-04-12 |
| HSU, Janet Yunchu, Mrs. | Director | 2024-02-06 | 2024-07-12 |
| JACKSON, Timothy David Alexander | Director | 2014-04-04 | 2016-02-24 |
| KOBUS, Philipp Sebastian | Director | 2015-09-04 | 2016-08-09 |
| LIXANDRU, Luciana Maria | Director | 2018-03-28 | 2020-03-16 |
| MILLER, Matthew | Director | 2018-12-21 | 2023-12-19 |
| MOK, Beng-Fai | Director | 2016-02-04 | 2017-03-14 |
| MONTGOMERY, James | Director | 2021-05-12 | 2023-12-19 |
| SADLER, Timothy Royston | Director | 2013-01-14 | 2023-12-19 |
| SAYAR, Ramin | Director | 2021-04-12 | 2023-12-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Timothy Royston Sadler | Individual | Significant influence | 2016-04-06 | Ceased 2016-04-06 |
| Mr Edward Bishop | Individual | Significant influence | 2016-04-06 | Ceased 2016-04-06 |
| Mr Thomas Sebastian Borley Adams | Individual | Significant influence | 2016-04-06 | Ceased 2016-04-06 |
Filing timeline
Last 20 of 157 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-11-02 RESOLUTIONS Resolution
- 2024-03-28 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-24 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-03-12 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-01-05 | AA | accounts | Accounts with accounts type group | |
| 2025-12-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-05 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-08-05 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-08-05 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2025-02-04 | AA | accounts | Accounts with accounts type group | |
| 2024-12-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-11-02 | RESOLUTIONS | resolution | Resolution | |
| 2024-10-21 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-10-16 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-10-16 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-07-15 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-28 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2024-03-28 | SH20 | capital | Legacy | |
| 2024-03-28 | CAP-SS | insolvency | Legacy | |
| 2024-03-28 | RESOLUTIONS | resolution | Resolution | |
| 2024-03-13 | AA01 | accounts | Change account reference date company previous shortened | |
| 2024-03-13 | AP04 | officers | Appoint corporate secretary company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 0
- 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.