SORTED GROUP LIMITED
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Cash
£653k
+55.1% highest in 3 filed years
Net assets
-£59m
-6.9% lowest in 3 filed years
Employees
45
-18.2% vs 2024
Profit before tax
-£4.1m
+2% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-08-14.
-
Material uncertainty over going concern
We draw attention to Note 1.2 in the financial statements, which indicates that the Company incurred a net loss of £3,817,000 for the year and has net current liabilities of £62,232,000 and net liabilities of £59,311,000 at the balance sheet date which may cast doubt on the Company's ability to continue as a going concern.
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
-
Going-concern uncertainty disclosed
-
Negative shareholders' funds
Net assets
3-year trend · vs Technology median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £6,720,000 | £5,644,000 | £4,646,000 | -17.7% | |
| Operating profit | -£11,259,000 | -£3,815,000 | -£3,371,000 | +11.6% | |
| Profit before tax | -£11,724,000 | -£4,209,000 | -£4,125,000 | +2% | |
| Net profit | -£9,724,000 | -£3,102,000 | -£3,817,000 | -23% | |
| Cash | £322,000 | £421,000 | £653,000 | +55.1% | |
| Total assets less current liabilities | -£49,343,000 | -£52,692,000 | -£59,311,000 | -12.6% | |
| Net assets | -£52,152,000 | -£55,494,000 | -£59,311,000 | -6.9% | |
| Equity | -£52,152,000 | — | — | — | |
| Average employees | — | 55 | 45 | -18.2% | |
| Wages | £8,275,000 | £4,132,000 | £3,269,000 | -20.9% | |
| 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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -167.5% | -67.6% | -72.6% | |
| Net margin | -144.7% | -55.0% | -82.2% | |
| Gearing (liabilities / total assets) | — | 958.0% | 1469.8% | |
| Current ratio | 0.05x | 0.02x | 0.02x | |
| Interest cover | -23.90x | -6.42x | -4.38x |
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 2 times since incorporation
- SORTED GROUP LIMITED 2017-05-23 → present
- ELECTIO TECHNOLOGY LIMITED 2015-07-31 → 2017-05-23
- MPD LOGISTICS LTD 2014-05-28 → 2015-07-31
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Rawlinson & Hunter Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“We draw attention to Note 1.2 in the financial statements, which indicates that the Company incurred a net loss of £3,817,000 for the year and has net current liabilities of £62,232,000 and net liabilities of £59,311,000 at the balance sheet date which may cast doubt on the Company's ability to continue as a going concern.”
Significant events
- “Subsequent to the balance sheet date, SHL entered into and completed a transaction to sell the Company to a third party, BHL, for the consideration of £1.00. Completion occurred on 20 April 2026, prior to the approval of these financial statements.”
- “Prior to completion of the sale of Sorted to BHL, amounts owed to and from group companies were written off. Amounts outstanding at 31 December 2025 were recognised directly in equity, while amounts arising between 1 January 2026 and the completion date were recognised in profit or loss.”
- “The senior lender issued an amendment deed relating to the Facility Agreement dated August 2022. The amendments include: extending the maturity date to 31 December 2027; removal of the clause relating to the deferral of interest payments and amounts due under covenants, such that these amounts will not be payable retrospectively or in the future; introducing an optional PIK (payment-in-kind) interest toggle...”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 14 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ATALLA, Mahmoud | Director | 2026-04-20 | Mar 1976 | British |
Show 14 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BURTON, Nigel John, Dr | Director | 2026-02-01 | 2026-04-20 |
| CAREY, Carmen Christine | Director | 2021-11-26 | 2024-05-24 |
| FLETCHER, Michael James | Director | 2014-05-28 | 2021-11-26 |
| FOREMAN, David Christopher | Director | 2014-05-28 | 2016-04-26 |
| GRIMES, David John Michael | Director | 2014-05-28 | 2021-11-26 |
| HILL, Andrew David | Director | 2016-04-26 | 2020-04-23 |
| LEACH, Andrew William | Director | 2016-04-26 | 2020-04-23 |
| O'BRIEN, Mark | Director | 2014-05-28 | 2016-04-26 |
| RAMSDEN, Paul | Director | 2021-11-26 | 2022-02-15 |
| SUMMERS, Jack Daniel | Director | 2016-01-19 | 2021-11-26 |
| TENWICK, Colin John | Director | 2021-11-26 | 2022-11-18 |
| WARRIAH, Mahmoud Hamid | Director | 2024-02-19 | 2025-12-19 |
| WILKINSON, Simon John | Director | 2026-03-03 | 2026-04-20 |
| WILKINSON, Simon John | Director | 2024-05-24 | 2026-03-03 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Brislington Holdco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2026-04-20 | Active |
| Sorted Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Ceased 2026-04-20 |
Filing timeline
Last 20 of 78 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-04-27 RESOLUTIONS Resolution
- 2026-04-27 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-01 | AA | accounts | Accounts with accounts type full | |
| 2026-06-16 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-05-27 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-04-27 | RESOLUTIONS | resolution | Resolution | |
| 2026-04-27 | MA | incorporation | Memorandum articles | |
| 2026-04-23 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-04-23 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-04-23 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-23 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-23 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-23 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-04-23 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-03-03 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-03 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-07 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-13 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-22 | DISS40 | gazette | Gazette filings brought up to date | |
| 2025-10-21 | GAZ1 | gazette | Gazette notice compulsory | |
| 2025-10-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-18 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 4
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.