GENIP PLC
Get an alert when GENIP PLC files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-06-30 (in 1mo)
Last filed for 2024-12-31
Confirmation statement due
2026-05-28 (this month)
Last made up 2025-05-14
Watchouts
None on the register
Cash
£727K
USD 972,364
Latest balance sheet
Net assets
£951K
USD 1,272,122
Equity attributable
Employees
1
Average over period
Profit before tax
-£663K
USD -886,829
Period ending 2024-12-31
Net assets
1-year trend · vs Industrials median
Accounts
1-year trend · latest reflected 2024-12-31
| Metric | Trend | 2024-12-31 |
|---|---|---|
| Turnover | £91,960 | |
| Operating profit | -£664,233 | |
| Profit before tax | -£662,951 | |
| Net profit | -£662,951 | |
| Cash | £726,892 | |
| Total assets less current liabilities | £950,977 | |
| Net assets | £950,977 | |
| Equity | £950,977 | |
| Average employees | 1 | |
| Wages | £33,990 | |
| Directors' remuneration | £66,443 |
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
Year-on-year
Latest filed period vs the prior one
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-12-31 |
|---|---|---|
| Return on capital employed | -69.8% | |
| Gearing (liabilities / total assets) | 22.0% | |
| Current ratio | 3.83x | |
| Interest cover | -9099.08x |
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.
Name history
Renamed 2 times since incorporation
- GENIP PLC 2024-08-30 → present
- GENIP, PLC 2024-08-23 → 2024-08-30
- GENIP, LIMITED 2024-02-23 → 2024-08-23
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- HW Fisher Audit
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have conducted a detailed assessment of the Company's ability to continue as a going concern, leveraging detailed cash flow forecasts... Directors are confident that these measures... provide sufficient resources for at least 12 months from the financial statement's approval date.”
Significant events
- “After the reporting date, Tekcapital PLC agreed to reimburse the Company $100,000 of the $119,665 IT development costs incurred in 2024. The Company retains responsibility for the remaining $19,665 and continues to benefit from the expenditure...”
- “After the reporting date, Tekcapital Group agreed to offset the balances owed and owing on the Convertible Loan Note and the Inter-company Receivable and transfer any residual amount to the Inter-company balance and close the Convertible Loan Note with an effective date of 31 December 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MSP CORPORATE SERVICES LIMITED | Corporate Secretary | 2024-08-23 | — | — |
| CRUZ, Melissa | Director | 2024-09-09 | Jul 1996 | Dominican |
| FITZPATRICK, Kevin | Director | 2024-08-15 | May 1962 | Irish |
| GANN, David Michael, Professor | Director | 2024-09-20 | Sep 1960 | British |
| WILLETTS, David Lindsay, Lord | Director | 2024-09-20 | Mar 1956 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BIRD & BIRD COMPANY SECRETARIES LIMITED | Corporate Secretary | 2024-02-23 | 2024-08-15 |
| GROSS, Clifford Mark, Dr | Director | 2024-02-23 | 2024-09-09 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Tekcapital Europe Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-02-23 | Active |
Filing timeline
Last 20 of 41 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-07-03 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-08 | SH01 | capital | Capital allotment shares | |
| 2025-12-18 | SH01 | capital | Capital allotment shares | |
| 2025-07-03 | AA | accounts | Accounts with accounts type full | |
| 2025-07-03 | RESOLUTIONS | resolution | Resolution | |
| 2025-05-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-05-27 | SH01 | capital | Capital allotment shares | |
| 2025-05-23 | CH01 | officers | Change person director company with change date | |
| 2025-05-23 | CH01 | officers | Change person director company with change date | |
| 2024-10-08 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-04 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-03 | SH01 | capital | Capital allotment shares | |
| 2024-09-18 | SH01 | capital | Capital allotment shares | |
| 2024-09-18 | SH01 | capital | Capital allotment shares | |
| 2024-09-16 | SH02 | capital | Capital alter shares consolidation | |
| 2024-09-16 | SH02 | capital | Capital alter shares consolidation | |
| 2024-09-12 | RP04SH01 | capital | Second filing capital allotment shares | |
| 2024-09-12 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-04 | AD03 | address | Move registers to sail company with new address | |
| 2024-09-04 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 9
- Officers appointed
- 0
- Officers resigned
- 0
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.