BOUNTEOUS UK LTD
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Cash
£7.2M
highest in 6 filed years
Net assets
-£13M
lowest in 6 filed years
Employees
74
highest in 6 filed years
Profit before tax
-£14M
Period ending 2025-12-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
-
Negative shareholders' funds
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2020-06-30 | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £658,595 | £5,669,741 | £4,069,408 | £18,903,376 | £25,627,479 | £39,914,339 | — | |
| Operating profit | £266,039 | -£340,586 | -£1,476,637 | -£1,311,825 | -£2,313,248 | -£12,261,970 | — | |
| Profit before tax | £266,039 | -£340,586 | -£1,476,637 | -£1,318,547 | -£3,284,405 | -£13,654,689 | — | |
| Net profit | — | — | — | -£1,544,970 | -£4,238,359 | -£14,821,112 | — | |
| Cash | £67,600 | £431,821 | £1,060,744 | £4,936,397 | £4,738,119 | £7,224,248 | — | |
| Total assets less current liabilities | £373,652 | £33,066 | -£1,443,571 | £26,389,422 | £13,298,249 | £4,550,142 | — | |
| Net assets | £373,652 | £33,066 | -£1,443,571 | £85,177 | -£4,154,143 | -£13,274,526 | — | |
| Equity | £373,652 | £33,066 | — | £85,177 | -£4,154,143 | -£13,274,526 | — | |
| Average employees | 4 | 4 | 25 | 60 | 61 | 74 | — | |
| Wages | — | — | — | £5,855,779 | £6,095,567 | £10,157,924 | — | |
| Directors' remuneration | — | — | — | £504,000 | £510,187 | £606,241 | — |
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 —. Year-on-year comparison hidden: this filing covers about 18 months versus 12 months prior. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-06-30 | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | 40.4% | -6.0% | -36.3% | -6.9% | -9.0% | -30.7% | |
| Net margin | — | — | — | -8.2% | -16.5% | -37.1% | |
| Return on capital employed | 71.2% | -1030.0% | — | -5.0% | -17.4% | -269.5% | |
| Current ratio | — | — | — | 1.16x | 1.03x | 1.27x | |
| Interest cover | — | — | — | — | -2.35x | -8.60x |
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
- BOUNTEOUS UK LTD 2026-01-20 → present
- ACCOLITE LABS EUROPE LIMITED 2017-04-05 → 2026-01-20
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Bayar Hughes & Co Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Director has concluded that the combination of trading forecasts and the ongoing support from the ultimate parent company, Bounteous Inc, provides reasonable certainty that the company has adequate resources to continue in operational existence for the foreseeable future and for these reasons continues to adopt the going concern basis of accounting.”
Group structure
- BOUNTEOUS UK LTD · parent
- Teamtek Consulting Limited 100%
- Teamtek Global Limited 100%
- Teamtek Global SAS 100%
- BOUNTEOUSXACCOLITE SINGAPORE PTE. LTD. 100%
- Bounteous Hungary 100%
- Bounteous Netherlands B.V. (Bounteous Digital) 100%
Significant events
- “Subsequent to the reporting date, management has proposed the liquidation of its two subsidiaries, Teamtek Consulting Limited and Teamtek Global Limited, in response to the loss of key clients and the continuing decline in business activity within these entities.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SOMANI, Ketan | Director | 2018-01-10 | Aug 1980 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PITSEC LTD | Corporate Secretary | 2017-04-05 | 2018-03-29 |
| KAZA, Leelakumar Venkata Narayana | Director | 2017-04-05 | 2025-08-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bounteous, Inc. | Corporate entity | Shares 75–100%, Voting 75–100% | 2025-09-30 | Active |
| Accolite Digital Group, Inc. | Corporate entity | Shares 75–100%, Voting 75–100% | 2025-09-29 | Ceased 2025-09-30 |
| Accolite Digital Labs Llc | Corporate entity | Shares 75–100%, Voting 75–100% | 2021-01-28 | Ceased 2025-09-29 |
| Accolite Labs Llc | Corporate entity | Shares 75–100%, Voting 75–100% | 2017-04-05 | Ceased 2021-01-28 |
| Leelakumar Venkata Narayana Kaza | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-04-05 | Ceased 2018-02-08 |
Filing timeline
Last 20 of 46 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-01-20 CERTNM Certificate change of name company PDF
- 2025-08-27 RESOLUTIONS Resolution
- 2025-08-22 MA Memorandum articles
- 2023-04-22 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-18 | AA | accounts | Accounts with accounts type group | |
| 2026-04-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-03-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-01-20 | CERTNM | change-of-name | Certificate change of name company | |
| 2025-12-16 | AA01 | accounts | Change account reference date company current extended | |
| 2025-12-12 | AA | accounts | Accounts with accounts type group | |
| 2025-11-10 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-11-10 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-11-10 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-11-10 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-09-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-27 | RESOLUTIONS | resolution | Resolution | |
| 2025-08-22 | MA | incorporation | Memorandum articles | |
| 2025-04-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-19 | AA | accounts | Accounts with accounts type total exemption full | |
| 2024-05-13 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-04-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-01 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-04-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-04-22 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 13
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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.