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Cash

£17m

+317.9% highest in 6 filed years

Net assets

£17m

+319.9% highest in 6 filed years

Employees

162

+45.9% highest in 6 filed years

Profit before tax

-£11m

-99% lowest in 3 filed years

Accounts

6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31 Δ vs prior
Turnover £3,223,822£6,318,404£10,262,330 +62.4%
Operating profit -£2,849,429-£5,488,376-£11,185,739 -103.8%
Profit before tax -£2,836,474-£5,380,781-£10,709,527 -99%
Net profit -£2,709,782-£5,291,480-£10,740,196 -103%
Cash £842,745£108,448£414,391£2,663,222£4,019,499£16,799,457 +317.9%
Total assets less current liabilities £4,158,964£4,199,938£5,940,318£2,697,983£4,046,885£16,926,768 +318.3%
Net assets £2,922,451£2,966,310£5,867,144£2,639,541£4,024,991£16,902,013 +319.9%
Equity £2,922,451£2,966,310£5,867,144£2,639,541£4,024,991£16,902,013 +319.9%
Average employees 66772111162 +45.9%
Wages £7,731,967£13,976,041 +80.8%
Directors' remuneration £448,435£560,115 +24.9%

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 2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating margin -88.4%-86.9%-109.0%
Net margin -84.1%-83.7%-104.7%
Return on capital employed -105.6%-135.6%-66.1%
Gearing (liabilities / total assets) 28.1%12.4%
Current ratio 3.96x3.56x8.14x

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 2 times since incorporation

  1. IPLICIT GROUP LIMITED 2022-10-21 → present
  2. CONCEPT SOFTWARE LIMITED 1997-01-22 → 2022-10-21
  3. CONCEPT SOFTWARE SERVICES LIMITED 1996-06-04 → 1997-01-22

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Auditor
Azets Audit Services
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors are satisfied that the group has adequate resources to continue in operational existence for the foreseeable future and that there are no material uncertainties in this regard. Accordingly, these financial statements have been prepared on a going concern basis.”

Group structure

  1. IPLICIT GROUP LIMITED · parent
    1. Iplicit Limited 100% · UK · Accountancy software development

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

People

5 active · 9 resigned

Name Role Appointed Born Nationality
DE LIEDEKERKE BEAUFORT, Humbert Laurent Bernard Joseph Director 2025-01-10 May 1978 Belgian
EBEL, Antony Gerard Director 2022-04-28 Aug 1944 British
MOAN, Øystein Director 2024-07-24 Oct 1959 Norwegian
STEELE, Robert Glen Director 2018-08-23 Jul 1968 British
STICKLEY, Lyndon David Director 2018-11-07 Jun 1968 British
Show 9 resigned officers
Name Role Appointed Resigned
ANDREWS, Katherine Secretary 1996-06-04 2015-09-04
ASHCROFT CAMERON SECRETARIES LIMITED Corporate Nominee Secretary 1996-06-04 1996-06-04
ANDREWS, Ian Anthony Director 1996-06-04 2025-07-02
FITZPATRICK, Darran Director 2018-08-23 2024-12-31
FOWLER, Martin Director 2012-04-03 2019-02-22
SPARKES, Paul James Director 2019-01-02 2023-02-13
WEAVING, Brian Director 2015-09-04 2019-02-22
WOOLF, Matthew Robert Director 2013-12-20 2024-12-31
ASHCROFT CAMERON NOMINEES LIMITED Corporate Nominee Director 1996-06-04 1996-06-04

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Ian Anthony Andrews Individual Shares 25–50%, Voting 25–50% 2016-04-06 Ceased 2023-11-03
Mr Matthew Robert Woolf Individual Shares 25–50%, Voting 25–50% 2016-04-06 Ceased 2020-03-25

Filing timeline

Last 20 of 180 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2025-01-16 MA Memorandum articles
  • 2025-01-16 RESOLUTIONS Resolution
  • 2024-10-20 MA Memorandum articles
  • 2024-10-20 RESOLUTIONS Resolution
Date Type Category Description
2026-07-09 AA accounts Accounts with accounts type group
2026-05-29 CS01 confirmation-statement Confirmation statement with updates PDF
2025-11-03 AD01 address Change registered office address company with date old address new address PDF
2025-07-21 SH01 capital Capital allotment shares PDF
2025-07-15 TM01 officers Termination director company with name termination date PDF
2025-06-04 CS01 confirmation-statement Confirmation statement with updates PDF
2025-05-16 AA accounts Accounts with accounts type group PDF
2025-01-21 SH01 capital Capital allotment shares PDF
2025-01-17 SH06 capital Capital cancellation shares
2025-01-17 AP01 officers Appoint person director company with name date PDF
2025-01-17 SH03 capital Capital return purchase own shares
2025-01-16 MA incorporation Memorandum articles
2025-01-16 RESOLUTIONS resolution Resolution
2025-01-15 TM01 officers Termination director company with name termination date PDF
2025-01-15 TM01 officers Termination director company with name termination date PDF
2024-10-20 MA incorporation Memorandum articles
2024-10-20 RESOLUTIONS resolution Resolution
2024-09-27 AP01 officers Appoint person director company with name date PDF
2024-06-18 PSC08 persons-with-significant-control Notification of a person with significant control statement PDF
2024-06-05 TM01 officers Termination director company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

last 12 months

Capital events
4

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.

Official Companies House page