MACPAW FAMILY LTD

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

  +6.2%

  £63,478,254 → £67,437,907

• Cash

  +36.7%

  £4,499,190 → £6,150,695

• Net assets

  -24.3%

  £39,158,052 → £29,653,370

• Employees

  +72.2%

  36 → 62

• Operating profit

  -300.2%

  £6,688,906 → -£13,390,579

• Profit before tax

  -267.1%

  £5,869,216 → -£9,807,999

• Wages

  +101.1%

  £1,218,642 → £2,450,406

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

Collett Hulance Accountants Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors of the parent undertaking, MacPaw Family Ltd, have a reasonable expectation that the Company, and the Group, have adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. MACPAW FAMILY LTD · parent
   1. MacPaw Inc 100% · USA · developing software solutions aimed at optimizing and enhancing the performance of Mac devices
   2. MacPaw Way Ltd 100% · Cyprus · development and distribution of software for macOS, iOS, Android and Windows
   3. MacPaw Labs Ltd 100% · United Kingdom · research and development (R&D) of new software products and technologies for MacPaw
   4. MacPaw HK Limited 100% · Hong Kong, China · marketing, distribution, and customer support for MacPaw products
   5. MacPaw (Shenzhen) Science and Technology Co., Ltd 100% · China · development and research of software technology
   6. Setapp Limited 99.9922% · Ireland · enhancing user experience by bundling multiple applications into a single subscription, streamlining app discovery and use for individuals and businesses
   7. Setapp LLC 99.9992% · Ukraine · renting out workspaces to individuals
   8. MacPaw Solar LLC 100% · Ukraine · involved in renewable energy projects, particularly solar energy initiatives, as part of MacPaw's diversification efforts
   9. MacPaw Property Management LLC 99.9998% · Ukraine · managing various real estate and property-related activities, connected to MacPaw's operational facilities and office spaces
   10. SMRK VCF LTD 98% · Cyprus · investing in early-stage technology startups, particularly those in the IT and software sectors

Significant events

• “During 2024, the following Group companies were liquidated: Setapp LLC (November 26, 2024) and MacPaw Labs Ltd (December 24, 2024).”
• “On 24 February 2022, Russia launched a full-scale military invasion of Ukraine.”

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

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

4

last 12 months

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