ROSSUM LTD

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

  +69.6%

  £7,288,630 → £12,363,011

• Cash

  -28.6%

  £22,258,354 → £15,901,921

• Net assets

  -52.2%

  £11,386,709 → £5,444,420

• Employees

  -7.9%

  140 → 129

• Operating profit

  +54.3%

  -£12,872,841 → -£5,885,475

• Profit before tax

  +50.8%

  -£12,614,189 → -£6,200,942

• Wages

  +7%

  £6,174,778 → £6,604,620

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

Rouse Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Therefore, the financial statements have been prepared on a going concern basis, which assumes that the group will be able to meet its liabilities as they fall due for at least 12 months from the date of this report. After making such enquiries as they consider appropriate, the directors consider that there is a reasonable expectation that the group has adequate cash and related financial resources to continue its business for the foreseeable future.”

Group structure

1. ROSSUM LTD · parent
   1. Rossum Czech Republic s.r.o. 100% · Czech Republic · developer and owner of Rossum, a cloud-native Intelligent Document Processing (IDP) solution
   2. Rossum USA Inc. 100% · United States of America · promote, market, distribute and support Rossum services
   3. Rossum Israel Ltd 100% · Israel · dormant during the year and was liquidated post year end

Significant events

• “In 2021, Rossum secured a Series A funding round: $100 million, split between $60 million in equity with some extension possibilities for $40 million.”
• “A 20% headcount reduction in September 2022, followed by additional reductions in May and November 2023.”
• “In late 2023, Rossum secured a $10 million loan from CIBC.”

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

Filings

7

last 12 months

Capital events

4

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.