WORKABLE TECHNOLOGY LIMITED

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +8.5%

  £34,596,558 → £37,526,317

• Cash

  +14.9%

  £16,588,512 → £19,053,778

  highest in 4 filed years

• Net assets

  +33%

  £2,881,322 → £3,833,154

• Employees

  +6.1%

  279 → 296

  highest in 4 filed years

• Operating profit

  -89.5%

  £3,134,053 → £328,457

• Profit before tax

  -85.2%

  £3,313,236 → £490,848

• Wages

  +10.8%

  £17,255,817 → £19,120,538

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

IFRS

Reporting scope

Consolidated group

Auditor

George Hay & Company

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Consolidated Financial Statements have been prepared on a going concern basis which assumes that the Group will be able to cover its liquidity needs, including the mandatory payment terms as disclosed in Note 19 for the foreseeable future and, at a minimum, for the next 12 months after the approval of the Consolidated Financial Statements. In fact, the Group expects to end 2025 with a net profit of $5.1m and an ending cash balance of $30.9m, which is expected to fund operations through 2026 and beyond. Also, because the Group operates a subscription business with high customer retention rates, it is expected that the positive effect of bookings on revenue will only compound over time. As such, due to forecasted profitability in the future, and the fact that the Group is meeting its targets, the Group has improved its net current financial position from a net current liabilities of $4,465,190 as at 31 December 2022, to a net current asset position of $1,846,089 as at 31 December 2023 and $2,803,429 as at 31 December 2024.”

Group structure

1. WORKABLE TECHNOLOGY LIMITED · parent
   1. Workable Software Limited 100% · England · Software-as-a-Service
   2. Workable Software Private Company 100% · Greece · Contract R&D services for the group
   3. Workable Inc. 100% · USA · Marketing support services for the group

Significant events

• “In April 2025, the Company undertook a capital reduction process, which was duly approved by the shareholders and in accordance with the Companies Act 2006. This involved the utilisation of the Company's share premium account by $19.7m, resulting in the creation of distributable reserves. The purpose of the capital reduction was to enable the Company to generate sufficient distributable reserves to support the payment of a dividends to its shareholders. Following the completion of the capital reduction process, the Company declared and paid an interim dividend of $6.10 per share.”

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

Filings

20

last 12 months

Capital events

12

last 24 months

Officers appointed

1

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.