THANKS BEN LTD

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

  +59.4%

  £2,337,512 → £3,725,901

• Cash

  -37.3%

  £6,105,179 → £3,826,653

• Net assets

  -119.9%

  £7,025,145 → -£1,400,970

• Employees

  +57.7%

  71 → 112

  highest in 4 filed years

• Operating profit

  -67.5%

  -£5,754,620 → -£9,640,032

• Profit before tax

  -81.4%

  -£5,429,487 → -£9,851,733

• Wages

  +77.8%

  £4,664,618 → £8,295,127

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

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Gravita Essex Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. THANKS BEN LTD · parent
   1. Thanks Ben Gmbh 100% · Germany · information technology services activities
   2. Thanks Ben LLC 100% · Austin, TX · Dormant

Significant events

• “Subsequent to the reporting date, on 10 January 2025, the Company issued 42,780 Class B Ordinary (Non-Voting) shares. Additionally, on 2 January 2025, the Company received the second tranche of its venture debt facility of $2,500,000. A further $2,500,000 is available to the Company until January 2026. The company also received significant further investment after the year end including £12 million for share capital. After year end, the company entered into a new office lease which resulted in future financial commitments totalling £1,329,750 over the life of the lease.”

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

Filings

11

last 12 months

Capital events

7

last 24 months

Officers appointed

1

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.