42 Technology Group Limited
Private Limited Company · Cambridge
ActiveUnited KingdomIncorporated 2019Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Group accounts
Net assets
£1,551,120
Cash
£532,154
Turnover
£6,737,740
Profit / loss
−£1,753,726
Current assets
£2,542,506
Creditors < 1 year
£2,451,214
Equity
£1,551,120
Average employees
75
Balance-sheet trend
GBP · consolidatedFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-31Group · AI-read | 2024-12-3112 months · Group | 2023-12-3112 months · Group | 2022-12-31Group | 2021-12-3112 months | 2020-12-3112 months |
|---|---|---|---|---|---|---|
| Balance sheet | ||||||
| Net assets | £1,551,120 | — | — | — | £1,159,363 | £1,196,440 |
| Equity | £1,551,120 | — | — | — | £1,159,363 | £1,196,440 |
| Share capital | £59 | — | — | — | — | — |
| Retained earnings | £298,031 | — | — | — | — | — |
| Assets | ||||||
| Fixed assets | £2,644,138 | — | — | — | — | — |
| Intangible assets | £517,918 | £640,611 | £763,305 | — | — | — |
| Property, plant & equipment | £2,126,220 | £185,158 | £258,966 | — | — | — |
| Current assets | £2,542,506 | — | — | — | — | — |
| Cash at bank | £532,154 | £2,909,740 | £2,605,623 | £1,791,578 | — | — |
| Debtors | £2,010,352 | — | — | — | — | — |
| Liabilities | ||||||
| Creditors within one year | £2,451,214 | — | — | — | — | — |
| Creditors after one year | £1,089,221 | — | — | — | — | — |
| Provisions | £95,089 | — | — | — | — | — |
| Net current assets | £91,292 | — | — | — | −£1,451,828 | −£1,212,804 |
| Assets less current liabilities | £2,735,430 | — | — | — | £1,563,257 | £1,802,281 |
| Profit & loss | ||||||
| Turnover | £6,737,740 | — | — | — | — | — |
| Cost of sales | £3,231,842 | — | — | — | — | — |
| Gross profit | £3,505,898 | — | — | — | — | — |
| Administrative expenses | £6,175,936 | — | — | — | — | — |
| Other operating income | £610,622 | — | — | — | — | — |
| Operating profit | −£2,059,416 | — | — | — | — | — |
| Interest receivable | £37,214 | — | — | — | — | — |
| Interest payable | £78,397 | — | — | — | — | — |
| Profit before tax | −£2,100,599 | — | — | — | — | — |
| Tax | £346,873 | — | — | — | — | — |
| Profit / loss | −£1,753,726 | £813,775 | £445,493 | — | −£37,078 | — |
| Operating costs | ||||||
| Amortisation | £122,693 | — | — | — | — | — |
| Operating lease charges | £463,623 | — | — | — | — | — |
| Research & development | £610,622 | — | — | — | — | — |
| Cash flow | ||||||
| Cash from operations | −£1,391,562 | — | — | — | — | — |
| Capital expenditure | £2,213,591 | — | — | — | — | — |
| People & pay | ||||||
| Average employees | 75 | — | — | — | 4 | 4 |
| Staff costs | £5,788,772 | — | — | — | — | — |
| Wages & salaries | £4,537,453 | — | — | — | — | — |
| Social security costs | £562,083 | — | — | — | — | — |
| Pension costs | £689,236 | — | — | — | — | — |
| Directors' remuneration | £554,800 | — | — | — | — | — |
| Highest paid director | £131,558 | — | — | — | — | — |
| Source evidence | View filing | View filing | View filing | View filing | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Auditor
- Saffery LLP
- Audit opinion
- Clean (unmodified)
- Immediate parent
- British Engines (UK) Limited
- Ultimate parent
- British Engines Holdings Limited
- Ultimate controlling party
- British Engines Holdings Limited
- Accounts
- Medium-sized company · FRS 102
- Approved
- 2026-09-04, signed by Dr J Spratley
Turnover by segment (6)
- UK: 3,121,912 (2025-12-31)
- EU: 1,257,178 (2025-12-31)
- Rest of the world: 2,358,650 (2025-12-31)
- UK: 5,385,307 (2024-12-31)
- EU: 1,563,489 (2024-12-31)
- Rest of the world: 3,941,284 (2024-12-31)
Borrowings (3)
- Loan notes · 621,166
- Bank loans — CBIL scheme loan facility · 72,500 · fixed rate of 1.69% per annum · term of six years; repayable in equal monthly instalments commencing in June 2021; repaid in full on 13 February 2026 · secured on fixed and floating charges over all assets of the company
- Other loans — four Product Loan Agreements with Rigby Capital Limited (trading as Lombard) · 1,344,259 · fixed rate of approximately 8% per annum · term of 60 months with monthly repayments commencing one month after drawdown · secured on unsecured
Share classes (4)
- 38,040 A shares of 0.1p each of 0.1p
- 38,040 A shares of 0.1p each of 0.1p
- 21,091 B shares of 0.1p each of 0.1p
- 11,391 B shares of 0.1p each of 0.1p
Events after the year end (1)
- On 13 February 2026, 42 Technology Group Limited and its subsidiary undertakings were acquired by British Engines (UK) Limited.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
0 outstanding chargesNo charges available in our records.