42 Technology Group Limited
12347253
Some Concerns
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
group
Next accounts due
30/09/2026
Confirmation statement
Last: 03/12/2025
Due 17/12/2026
Industry
Officers
director · Since 04/12/2019
ENGINEERING CONSULTANT
BRITISH · UNITED KINGDOM · Age 45
Also on 1 other board
director · Since 25/03/2020
DIRECTOR
BRITISH · ENGLAND · Age 71
Also on 2 other boards
director · Since 19/07/2022
ENGINEERING CONSULTANT
BRITISH · ENGLAND · Age 42
Also on 1 other board
director · Since 01/11/2022
DIRECTOR
BRITISH · ENGLAND · Age 67
Also on 1 other board
director · Since 19/12/2024
TECHNOLOGY CONSULTANT
BRITISH · ENGLAND · Age 51
Also on 1 other board
director · Since 26/03/2025
ACCOUNTANT
BRITISH · ENGLAND · Age 56
Also on 2 other boards
Persons with Significant Control
British Engines (Uk) Limited
11 Glasshouse Street, 11 Glasshouse Street, Newcastle Upon Tyne, NE6 1BS
Reg: 07159418 · Companies Houuse · Private Limited Company
Notified 13/02/2026
Former PSCs
Dr Jon Peter Frederick Spratley
Ceased 13/02/2026
Mrs Susan Smith
Ceased 13/02/2026
CompanyRankvs 16734+ SIC 70100 peers20
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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 31/12/2024
Net Worth
£49
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
—
Current Liabilities
£1.7M
Fixed Assets
£185k
Debtors
£1.9M
Cost of Sales
£3.6M
Admin Expenses
£6.5M
Profit After Tax
£814k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Implied Profit |
|---|---|
| 2023 | +£3k |
| 2022 | +£160k |
| 2021 | -£37k |
Derived from filed accounts. Not audited figures.