GENERATION SYSTEMS LIMITED

Active
Company number 02798034Private limited companyIncorporated 1993

Key figures

£470,932-14.2%
Net assets 2024/25
-7.4%
Average annual change 2019/20–2024/25
0200 k400 k600 k800 k2019/202020/212021/222022/232023/242024/25

Like most small UK companies, GENERATION SYSTEMS LIMITED does not publish a profit and loss account in its latest accounts. The figures below come from the balance sheet.

Ratios

2024/25

Sector comparison

SIC 62012

Where the company stands among the 94,838 active companies whose first SIC code is 62012 (Business and domestic software development).

Net assets£470,932
Higher than 91% · median £5,654
Total assets£564,510
Higher than 85% · median £30,253
Cash£280,437
Higher than 79% · median £31,882
Employees6
Higher than 91% · median 1
Company age33.7 years
Older than 99% · median 2.2 years
Largest in this sector by net assets
  1. SYSTEMSLINK 2000 LTD.£2.2bn
  2. ITC INFOTECH LIMITED£1.1bn
  3. ORACLE CORPORATION UK LIMITED£782.7m
  4. SLICED BREAD LIMITED£706.1m
  5. SOPHOS LIMITED£682m
  6. ION CAPITAL UK LIMITED£524.3m
  7. INNOVA SOURCE LTD£500m
  8. TRAILFINDERS LIMITED£462m
  9. ATG HOLDINGS LIMITED£395.7m
  10. JELLYFISH DIGITAL GROUP LIMITED£314.8m

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 94,838. The line on each bar marks the median.

Summary: GENERATION SYSTEMS LIMITED

What kind of company is it?

GENERATION SYSTEMS LIMITED is a private limited company registered with Companies House under company number 02798034. It was incorporated on 10 Mar 1993. Its status is active. The registered office is in Warlingham (CR6). Its nature of business (SIC 2007) is business and domestic software development (62012), information technology consultancy activities (62020).

How is the company doing financially?

The latest accounts in the database are for 2024/25 (period ending 31 Mar 2025); the company files small company accounts (filleted). Net assets were £470,932, down 14.2% on the previous year. Cash at bank and in hand was £280,437. Total assets were £564,510 and total liabilities £93,221. The company had an average of 6 employees. Figures are available for 6 financial years (2019/20–2024/25).

How does it compare with similar companies?

Compared with 94,838 active companies whose first SIC code is 62012: By net assets it ranks higher than 91% of them (median £5,654). By total assets it ranks higher than 85% of them (median £30,253). By cash it ranks higher than 79% of them (median £31,882). By number of employees it ranks higher than 91% of them (median 1). It is older than 99% of them (median age 2.2 years).

Who runs and controls the company?

The company has 4 current directors. 1 of 1 registered charges are outstanding.

When are its next filings due?

The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 24 Mar 2027.

Filed accounts2019/20–2024/25
2020/212021/222022/232023/242024/25
Cash at bank and in hand778,168675,245732,857627,340280,437
Total assets899,111774,801800,017679,090564,510
Total liabilities185,642142,741149,351129,69293,221
Net assets / total equity712,442631,622650,253548,942470,932
Average number of employees88666

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

History

20 events
  1. Financial year 2024/25 endedAccounts: net assets £470.9k, 6 employees
  2. Financial year 2023/24 endedAccounts: net assets £548.9k, 6 employees
  3. Financial year 2022/23 endedAccounts: net assets £650.3k, 6 employees
  4. Financial year 2021/22 endedAccounts: net assets £631.6k, 8 employees
  5. Financial year 2020/21 endedAccounts: net assets £712.4k, 8 employees
  6. Financial year 2019/20 endedAccounts: net assets £693.3k, 8 employees
  7. Douglas Wade SCOTT resignedSecretary
  8. Douglas Wade SCOTT resignedDirector
Earlier events (12)
  1. Brian Stuart JAMES appointedSecretary
  2. PARAMOUNT COMPANY SEARCHES LIMITED resignedNominee secretary (corporate)
  3. PARAMOUNT PROPERTIES (UK) LIMITED resignedNominee director (corporate)
  4. Graham William AXTELL appointedDirector
  5. David Michael DYSON appointedDirector
  6. Brian Stuart JAMES appointedDirector
  7. Steven PRICE appointedDirector
  8. Douglas Wade SCOTT appointedSecretary
  9. PARAMOUNT COMPANY SEARCHES LIMITED appointedNominee secretary (corporate)
  10. Douglas Wade SCOTT appointedDirector
  11. PARAMOUNT PROPERTIES (UK) LIMITED appointedNominee director (corporate)
  12. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.