LANDY TECH LIMITED

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

• Turnover

  +31.3%

  £3,282,961 → £4,309,230

• Cash

  +11.8%

  £5,925,331 → £6,623,464

  highest in 5 filed years

• Net assets

  -26.9%

  £5,860,023 → £4,285,532

• Employees

  +87.1%

  62 → 116

  highest in 5 filed years

• Operating profit

  -15.8%

  -£5,005,967 → -£5,795,968

• Profit before tax

  -14.2%

  -£5,029,115 → -£5,745,510

• Wages

  +31.6%

  £4,104,751 → £5,401,343

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

FRS 102

Reporting scope

Consolidated group

Auditor

THP Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Due to the significant investment in research and development costs in the past years the Group has incurred losses and has a deficit in retained earnings of £15,307,299 (2023: £9,561,789). However, due to funds introduced by investors the Group has cash at bank of £6,623,464 and a surplus of shareholders funds of £4,285,532 at 30 November 2024. The Directors have prepared cash flow forecasts which indicate that the Group will have sufficient funds to meet its obligations for at least the next 18 months.”

Group structure

1. LANDY TECH LIMITED · parent
   1. Landytech India Private Ltd 99.99% · India · IT related services

Significant events

• “The Directors are pleased to report a £1,026,269 growth in turnover for the year.”
• “During the year, the Group set up a new subsidiary in India in order to secure access to key development staff and to bring previously outsourced work in-house.”
• “During the year the Group received £2,000,000 as part of a debt funding agreement that carried a total commitment of £5,000,000 expiring at 31/12/24.”
• “The Group also raised £4,077,734 from the issue of new share capital to investors.”

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

10

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.