KAINOS WORKSMART LIMITED
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Cash
£4.6M
-47.2% vs 2024
Net assets
£279K
-98.9% vs 2024
Employees
522
+2.2% vs 2024
Profit before tax
£37M
+13.1% vs 2024
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £59,690,000 | £45,341,000 | -24% | |
| Operating profit | £31,636,000 | £27,179,000 | -14.1% | |
| Profit before tax | £32,646,000 | £36,932,000 | +13.1% | |
| Net profit | £24,417,000 | £29,784,000 | +22% | |
| Cash | £8,768,000 | £4,627,000 | -47.2% | |
| Total assets less current liabilities | £25,537,000 | £469,000 | -98.2% | |
| Net assets | £25,483,000 | £279,000 | -98.9% | |
| Equity | £25,483,000 | £279,000 | -98.9% | |
| Average employees | 511 | 522 | +2.2% | |
| Wages | £35,362,000 | £35,970,000 | +1.7% | |
| Directors' remuneration | £515,000 | £443,000 | -14% |
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 —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 53.0% | 59.9% | |
| Net margin | 40.9% | 65.7% | |
| Return on capital employed | 123.9% | — | |
| Current ratio | 1.34x | 0.81x |
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
- KAINOS WORKSMART LIMITED 2014-03-14 → present
- KAINOS NO2 LIMITED 2014-01-28 → 2014-03-14
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Having reviewed the future plans and projections for the Company and its current financial position, the Directors believe that the Company is well placed to manage its business risks successfully. The Company has adequate financial resources, no borrowings, a good level of recurring revenue, and a broad spread of customers. As a consequence of these factors and having reviewed the forecasts for the coming year, the Board has a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future, a period of not less than 12 months from the date of this report. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”
Group structure
- KAINOS WORKSMART LIMITED · parent
- Kainos Worksmart Inc. 100%
- Kainos Worksmart GmbH 100%
- Kainos Worksmart ApS 100%
- Kainos Worksmart Canada Inc 100%
- Kainos Worksmart SAS 100%
- Kainos Worksmart OΥ 100%
- Formulate Kainos Limited 100%
- KW Software Oy 100%
- Kainos AB 100%
- Kainos AS 100%
- Kainos the Netherlands B.V. 100%
- Kainos Belgium BV 100%
- Kainos OÜ 100%
- Kainos Worksmart S.R.L 95%
- Kainos (Philippines) Inc 100%
- Kainos Argentina S.A.U 100%
- Kainos Planning LLC 100%
- Blackline Group Inc. 100%
- Kainos Software Technologies Private Limited 100%
- RapidIT- Cloudbera, Inc 100%
- Kainos Worksmart Ltd (Netherlands Branch) 100%
Significant events
- “In July 2024, we announced an enhanced partnership with Workday, which incentivises Workday's sales teams across North America, Europe and Asia Pacific to introduce and co-sell our products.”
- “The multi-year agreement covers our Smart Audit, Smart Test and EDM products, as well as future products that we will develop utilising Built on Workday.”
- “We are on schedule to release our fifth product in late 2025, which will help organisations understand and address pay equality issues, with particular focus on the EU Pay Directive which will be adopted by EU member states in 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BURNS, Grainne | Secretary | 2015-06-10 | — | — |
| CALLAGHAN, Padraig | Director | 2026-03-02 | May 1983 | Irish |
| MCCANN, Richard Henry | Director | 2014-01-28 | Sep 1964 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HILES, James Edward | Secretary | 2014-04-01 | 2015-06-10 |
| HUTCHINSON, Roland Nigel | Director | 2014-03-31 | 2014-04-01 |
| MOONEY, Brendan | Director | 2014-04-01 | 2023-09-21 |
| SMITH, Malachy James | Director | 2014-04-01 | 2026-03-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Kainos Software Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 42 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-10 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-10 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-11-24 | AA | accounts | Accounts with accounts type full | |
| 2025-02-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-29 | AA | accounts | Accounts with accounts type full | |
| 2024-02-09 | RP04TM01 | officers | Second filing of director termination with name | |
| 2024-02-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-16 | AA | accounts | Accounts with accounts type full | |
| 2023-10-11 | TM01 | officers | Termination director company with name termination date | |
| 2023-01-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-25 | AA | accounts | Accounts with accounts type full | |
| 2022-02-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-11-29 | AA | accounts | Accounts with accounts type full | |
| 2021-09-06 | EH05 | capital | Elect to keep the members register information on the public register | |
| 2021-01-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-08-03 | AA | accounts | Accounts with accounts type full | |
| 2020-02-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-10-17 | AA | accounts | Accounts with accounts type full | |
| 2019-02-08 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- 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.