Tyk Technologies Limited
09727592
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/01/2025
group
Next accounts due
31/10/2026
Confirmation statement
Last: 27/08/2025
Due 10/09/2026
Industry
Officers
director · Since 11/08/2015
COMPANY DIRECTOR
ENGLISH · ENGLAND · Age 47
Also on 1 other board
director · Since 11/08/2015
HEAD OF TECHNOLOGY AND PRODUCT DEVELOPME
GERMAN · NEW ZEALAND · Age 44
director · Since 06/09/2018
DIRECTOR
BRITISH · UNITED KINGDOM · Age 47
Also on 1 other board
director · Since 28/04/2020
DIRECTOR
SWEDISH · UNITED KINGDOM · Age 53
Also on 2 other boards
director · Since 14/01/2021
DIRECTOR
BRITISH · UNITED KINGDOM · Age 35
Also on 3 other boards
secretary · Since 02/03/2022
Persons with Significant Control
Mr James Grenville Hirst
English · England · Age 47
Huckletree, 199 Bishopsgate, London, EC2M 3TY
Notified 06/04/2016
Mr Martin Philip Buhr
German · New Zealand · Age 44
Huckletree, 199 Bishopsgate, London, EC2M 3TY
Notified 06/04/2016
Mr Andrew Richard Murray
British · United Kingdom · Age 47
Huckletree, 199 Bishopsgate, London, EC2M 3TY
Notified 10/07/2018
Former PSCs
Mainspring Nominees (2) Limited
Ceased 06/09/2021
Charges0 outstanding
HSBC INNOVATION BANK LIMITED
CompanyRankvs 34475+ SIC 62012 peers35
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent 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. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/01/2025
Net Worth
-£1.4M
Balance sheet strength
Cash
£4.9M
Cash in the bank
Net Current Assets
£2.3M
Working capital
Current Assets
£5.4M
Current Liabilities
£3.1M
Fixed Assets
£6k
Debtors
£1.5M
Cost of Sales
£1.5M
Admin Expenses
£16.1M
Profit After Tax
-£4.9M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.74 | -£7.1M |
| 2023 | — | +£3.7M |
| 2020 | 1.71 | +£397k |
| 2020 | 1.69 | -£1.3M |
| 2019 | 2.41 | +£3.4M |
| 2018 | 0.21 | — |
Derived from filed accounts. Not audited figures.