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Cash

Latest balance sheet

Net assets

£43m

EUR 50,374,897

+1,346% highest in 4 filed years

Employees

0

Average over period

Profit before tax

-£174k

EUR -202,978

-453.4% vs 2024

Accounts

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

Metric Trend 2020-12-312021-12-312024-12-312025-12-31 Δ vs prior
Turnover
Operating profit -£18,944-£63,700 -236.3%
Profit before tax -£31,411-£173,842 -453.4%
Net profit -£44,187-£134,358 -204.1%
Cash £23,570£10,475
Total assets less current liabilities £3,485,331£3,497,563£2,983,694£91,540,679 +2,968%
Net assets £2,983,694£43,143,968 +1,346%
Equity £3,485,331£3,497,563£2,983,694£43,143,968 +1,346%
Average employees 14000
Wages
Directors' remuneration £0£0

Figures converted to GBP from EUR at 0.856 per EUR (Frankfurter spot rate) — hover any figure for the original. 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 2020-12-312021-12-312024-12-312025-12-31
Return on capital employed -0.6%-0.1%
Gearing (liabilities / total assets) 36.4%52.9%
Current ratio 2.75x21.22x
Interest cover -0.19x-0.33x

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

  1. SYSTECH GB LIMITED 2001-10-15 → present
  2. RACEAD LIMITED 2001-05-23 → 2001-10-15

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Forvis Mazars LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“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 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. SYSTECH GB LIMITED · parent
    1. Dover Fueling Solutions UK Limited 100% · Scotland · Fuel dispenser manufacturer for retail and fleet applications
    2. Wayne Fueling Systems Canada ULC 100% · Canada · Fuel dispenser manufacturer for retail and fleet applications

Significant events

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

People

2 active · 18 resigned

Name Role Appointed Born Nationality
AMIR, Rachid Director 2025-09-26 Nov 1976 French
FISSON, Valerie Yvonne Michelle Marie Director 2025-09-26 Nov 1975 Belgian
Show 18 resigned officers
Name Role Appointed Resigned
FLETCHER, Jamie William Secretary 2008-03-03 2014-09-19
MILANA, John, Executive Vice President Chief Financial Officer Secretary 2015-11-23 2020-01-24
PALMER, Gary Stewart Secretary 2001-06-05 2007-08-24
TANTILLO, Peter Secretary 2014-09-19 2015-11-23
TAYLOR, Alastair Secretary 2020-01-24 2022-05-11
TEMPLE SECRETARIES LIMITED Corporate Nominee Secretary 2001-05-23 2001-06-05
THE BRIARS GROUP LIMITED Corporate Secretary 2020-06-30 2024-04-08
THE BRIARS GROUP LIMITED Corporate Secretary 2015-10-22 2020-01-24
DE JEAN, Robert Director 2001-06-05 2018-09-24
MILANA, John Allen Director 2015-11-23 2020-01-24
OHANIAN, Ara Alec Director 2018-09-24 2020-01-24
PALMER, Gary Stewart Director 2001-06-05 2007-08-24
PLEZIER, Alexander Director 2023-03-29 2025-10-01
RAPPOSELLI, Mark David Director 2021-09-01 2023-03-29
TANTILLO, Peter Director 2014-09-17 2015-11-23
TAYLOR, Alastair Director 2020-01-24 2022-05-11
VEENMA, Roger Marlene Stanislaus Director 2020-01-24 2021-09-01
COMPANY DIRECTORS LIMITED Corporate Nominee Director 2001-05-23 2001-06-05

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Dover Corporation Corporate entity Significant influence 2024-05-01 Active

Filing timeline

Last 20 of 123 total filings

Date Type Category Description
2026-07-11 AA accounts Accounts with accounts type full
2026-06-19 RP01CS01 confirmation-statement Replacement filing of confirmation statement with made up date PDF
2026-06-05 CS01 confirmation-statement Confirmation statement with updates
2025-12-12 SH01 capital Capital allotment shares PDF
2025-10-09 AP01 officers Appoint person director company with name date PDF
2025-10-08 TM01 officers Termination director company with name termination date PDF
2025-10-08 AP01 officers Appoint person director company with name date PDF
2025-10-08 AD01 address Change registered office address company with date old address new address PDF
2025-09-17 AD01 address Change registered office address company with date old address new address PDF
2025-07-08 AA accounts Accounts with accounts type small
2025-05-23 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-09-18 AA accounts Accounts with accounts type small
2024-06-13 CS01 confirmation-statement Confirmation statement with updates PDF
2024-06-12 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2024-06-12 PSC09 persons-with-significant-control Withdrawal of a person with significant control statement PDF
2024-04-08 TM02 officers Termination secretary company with name termination date PDF
2023-12-06 DISS40 gazette Gazette filings brought up to date
2023-12-05 GAZ1 gazette Gazette notice compulsory
2023-11-30 AA accounts Accounts with accounts type small PDF
2023-05-30 CS01 confirmation-statement Confirmation statement with updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
9

last 12 months

Capital events
1

last 24 months

Officers appointed
2

last 12 months

Officers resigned
1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page