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Cash

£869k

+63.9% highest in 3 filed years

Net assets

-£1.5m

-425.3% vs 2024

Employees

55

+1.9% vs 2024

Profit before tax

-£1.1m

-27.7% vs 2024

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £8,673,540£9,346,532£9,213,718 -1.4%
Operating profit -£2,782,034-£514,833-£780,534 -51.6%
Profit before tax -£3,090,797-£865,392-£1,105,364 -27.7%
Net profit -£2,834,346-£855,582-£988,972 -15.6%
Cash £23,191£530,293£869,088 +63.9%
Total assets less current liabilities -£1,903,862£2,090,300£2,443,207 +16.9%
Net assets -£3,053,216-£279,992-£1,470,748 -425.3%
Equity -£3,053,216-£279,992-£1,470,748 -425.3%
Average employees 635455 +1.9%
Wages £3,632,988£3,365,902£2,817,199 -16.3%
Directors' remuneration £331,602£237,503£123,062 -48.2%
Directors' pension contributions £16,364£24,962£11,665 -53.3%
Highest paid director £132,514£117,687

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 2023-12-312024-12-312025-12-31
Operating margin -32.1%-5.5%-8.5%
Net margin -32.7%-9.2%-10.7%
Return on capital employed -24.6%-31.9%
Gearing (liabilities / total assets) 151.0%104.3%123.1%
Current ratio 0.13x0.48x0.74x
Interest cover -9.00x-1.47x-2.40x

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 1 time since incorporation

  1. UBISECURE HOLDINGS LIMITED 2018-06-05 → present
  2. BASE 10 VENTURES LTD 2016-10-03 → 2018-06-05

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Auditor
Cooper Parry Group Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Although the Group incurred a loss after taxation of £988,972 for the year, the financial statements have been prepared on a going concern basis. The Group secured additional funding from Octopus Apollo VCT plc in July 2025 through a loan facility of £1,250,000. The directors are satisfied that the Group has sufficient resources to continue in operational existence and meet liabilities for at least 12 months.”

Group structure

  1. UBISECURE HOLDINGS LIMITED · parent
    1. Ubisecure Limited 100% · UK · Management services to subsidiary
    2. RapidLEI Limited 100% · UK · Non trading
    3. Ubisecure OY 100% · Finland · European CIAM provider & GLEIF accredited LOU

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

People

4 active · 4 resigned

Name Role Appointed Born Nationality
DAVIDSON, Paul Nigel Director 2018-05-17 Jul 1988 Irish
EDWARDS, Thomas Michael Gareth Director 2025-08-01 Sep 1967 British
TOURRET, Paul Guy Director 2016-10-03 Sep 1965 British
WAITE, Steven Director 2016-10-03 Apr 1977 British
Show 4 resigned officers
Name Role Appointed Resigned
COURT, Richard Jeremy Director 2018-05-17 2019-12-02
SAMBROOK, Andrew John Director 2018-05-17 2024-03-14
VALAITIS, Peter Anthony Director 2016-10-03 2016-10-03
WOOD, Simon David Director 2018-05-17 2025-02-18

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Octopus Apollo Vct Plc Corporate entity Shares 75–100%, Voting 25–50% 2018-05-17 Active
Mr Paul Guy Tourret Individual Shares 50–75%, Voting 50–75% 2016-10-03 Ceased 2024-03-22
Mr Steven Waite Individual Shares 25–50%, Voting 25–50% 2016-10-03 Ceased 2024-03-22
Mr Peter Anthony Valaitis Individual Shares 75–100%, Appoints directors 2016-10-03 Ceased 2017-10-05

Filing timeline

Last 20 of 73 total filings

Date Type Category Description
2026-08-21 AA accounts Accounts with accounts type group
2026-06-04 PSC01 persons-with-significant-control Notification of a person with significant control PDF
2026-06-03 PSC01 persons-with-significant-control Notification of a person with significant control PDF
2026-05-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-10-04 AA accounts Accounts with accounts type group
2025-08-05 AP01 officers Appoint person director company with name date PDF
2025-05-19 CS01 confirmation-statement Confirmation statement with updates PDF
2025-04-25 TM01 officers Termination director company with name termination date PDF
2025-02-20 AA accounts Accounts with accounts type group PDF
2025-01-16 ANNOTATION miscellaneous Legacy
2024-09-25 DISS40 gazette Gazette filings brought up to date
2024-09-24 GAZ1 gazette Gazette notice compulsory
2024-09-23 AA accounts Accounts with accounts type group PDF
2024-09-16 AUD auditors Auditors resignation company
2024-09-02 AUD auditors Auditors resignation company
2024-08-23 PSC05 persons-with-significant-control Change to a person with significant control PDF
2024-08-23 SH01 capital Capital allotment shares PDF
2024-05-14 CS01 confirmation-statement Confirmation statement with updates PDF
2024-05-08 RP04SH01 capital Second filing capital allotment shares PDF
2024-04-23 TM01 officers Termination director company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
5

last 12 months

Capital events
0

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.

Official Companies House page