FINBOURNE TECHNOLOGY LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-15 (in 1mo)
Last made up 2025-06-01
Watchouts
None on the register
Cash
£33M
+173.9% highest in 4 filed years
Net assets
£18M
+299.8% highest in 4 filed years
Employees
254
+27% highest in 4 filed years
Profit before tax
-£29M
-134.7% vs 2023
Net assets
5-year trend · vs Technology median
Accounts
5-year trend · latest reflected 2024-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | £19,320,281 | £19,413,450 | |
| Operating profit | — | — | — | -£11,605,104 | -£26,626,478 | |
| Profit before tax | — | — | — | -£12,354,436 | -£28,992,542 | |
| Net profit | — | — | — | -£12,370,267 | -£29,022,087 | |
| Cash | — | £10,068,010 | £5,385,955 | £11,954,097 | £32,737,511 | |
| Total assets less current liabilities | — | £8,674,022 | £4,209,795 | £5,191,423 | £25,017,309 | |
| Net assets | — | £3,056,825 | £796,593 | -£8,795,977 | £17,572,988 | |
| Equity | — | £3,056,825 | £796,593 | -£8,795,977 | £17,572,988 | |
| Average employees | — | 43 | 69 | 200 | 254 | |
| Wages | — | — | — | £19,285,474 | £27,177,188 | |
| Directors' remuneration | — | — | — | £619,952 | £480,998 |
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
-
Turnover
+0.5%
£19,320,281 £19,413,450
-
Cash
+173.9%
£11,954,097 £32,737,511
highest in 4 filed years
-
Net assets
+299.8%
-£8,795,977 £17,572,988
highest in 4 filed years
-
Employees
+27%
200 254
highest in 4 filed years
-
Operating profit
-129.4%
-£11,605,104 -£26,626,478
-
Profit before tax
-134.7%
-£12,354,436 -£28,992,542
-
Wages
+40.9%
£19,285,474 £27,177,188
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | -60.1% | -137.2% | |
| Net margin | — | — | — | -64.0% | -149.5% | |
| Return on capital employed | — | — | — | -223.5% | -106.4% | |
| Gearing (liabilities / total assets) | — | — | — | 142.0% | 64.7% | |
| Interest cover | — | — | — | -15.45x | -8.59x |
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.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After reviewing the Group's forecasts and projections, the directors have a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future. The Group therefore continues to adopt the going concern basis in preparing its financial statements.”
Group structure
- FINBOURNE TECHNOLOGY LIMITED · parent
- FINBOURNE Technology Incorporated 1%
- FINBOURNE Technology Pte Ltd 1%
- FINBOURNE Technology Ireland Limited 1%
- FINBOURNE Technology Australia Pty Ltd 1%
Significant events
- “The £55 million Series B funding round completed in June 2024 has supported the execution of this strategy, enabling further investment in our go-to-market capabilities and geographic footprint.”
- “In 2024 FINBOURNE Technology Limited completed a £55 million primary and £48m secondary Series B equity round.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AKRAM, Imran | Director | 2024-05-28 | May 1980 | British |
| GLAYSHER, Toby Philip | Director | 2025-05-06 | Mar 1968 | British |
| KAPPAGODA, Sunil Aruna | Director | 2025-06-05 | Nov 1964 | American |
| MCHUGH, Thomas Brendan | Director | 2016-12-23 | Oct 1977 | Irish |
| PRENDERGAST, William | Director | 2022-07-12 | Apr 1978 | Irish |
| PRINCE, Emily | Director | 2024-11-05 | Mar 1986 | British |
| ZAPPALÀ, Anthony Roberto | Director | 2024-05-28 | Dec 1974 | Italian |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ALLEN, Roger William | Director | 2017-06-02 | 2021-04-16 |
| EMANUEL, Lawson Thomas | Director | 2021-04-16 | 2024-05-28 |
| FARRELL, Christopher | Director | 2022-02-22 | 2024-05-28 |
| GARVEY, James Gerard | Director | 2018-11-22 | 2022-07-12 |
| NIELSEN, Benedict | Director | 2016-12-23 | 2021-04-16 |
| O'HARA, Roger John | Director | 2022-05-24 | 2024-05-28 |
| SHORTT, Dermot | Director | 2016-12-23 | 2025-04-08 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Benedict Nielsen | Individual | Shares 25–50%, Voting 25–50% | 2016-12-23 | Ceased 2017-04-21 |
| Mr Thomas Brendan Mchugh | Individual | Shares 25–50%, Voting 25–50% | 2016-12-23 | Ceased 2017-04-21 |
| Mr Dermot Shortt | Individual | Shares 25–50%, Voting 25–50% | 2016-12-23 | Ceased 2017-04-21 |
Filing timeline
Last 20 of 120 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-08-21 RESOLUTIONS Resolution
- 2025-05-27 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-23 | RP01SH01 | miscellaneous | Legacy | |
| 2026-02-17 | SH01 | capital | Capital allotment shares | |
| 2025-10-15 | CH01 | officers | Change person director company with change date | |
| 2025-08-21 | RESOLUTIONS | resolution | Resolution | |
| 2025-08-13 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-05 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-08-05 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-07-25 | CH01 | officers | Change person director company with change date | |
| 2025-07-15 | SH01 | capital | Capital allotment shares | |
| 2025-07-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-06-19 | AA | accounts | Accounts with accounts type group | |
| 2025-06-17 | SH08 | capital | Capital name of class of shares | |
| 2025-06-10 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-27 | MA | incorporation | Memorandum articles | |
| 2025-05-09 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-03 | SH01 | capital | Capital allotment shares | |
| 2025-03-27 | SH10 | capital | Capital variation of rights attached to shares | |
| 2025-03-26 | SH08 | capital | Capital name of class of shares | |
| 2025-02-03 | SH08 | capital | Capital name of class of shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 15
- Capital events
- 7
- Officers appointed
- 2
- 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.