−£961k
vs Jan 2024Active09400277Private limited companyLondon
SUBSTANTIVE RESEARCH LIMITED
Significant control: Euronext UK Holdings Limited (75–100%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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What does Substantive Research Limited sell?
Registered activity: Business and domestic software development (SIC 62012). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
SUBSTANTIVE RESEARCH LIMITED is an active private limited company (company number 09400277) incorporated on 21 January 2015, registered in London. Its registered activity is business and domestic software development (SIC 62012). Latest small accounts cover the period ending 31 January 2025, showing net assets of −£961k and cash of £138k, with 16 employees on average. Net assets fell 34% on the prior period (−£718k).
Peer position · net assets
By net assets it sits in the bottom quarter of 15,170 comparable companies in London (median £702, upper quartile £27k).
02
Ownership and control
- Euronext Uk Holdings Limited
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
- Michael Stuart Carrodus
- owns 25–50% of shares
- holds 50–75% of voting rights
- can appoint or remove directors
- Scottish Growth Scheme- Foresight Group Equity Finance L.P
- holds 25–50% of voting rights
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 21 January 201511 yrs ago
- Next accounts due
- 31 October 2026in 8 days
- Confirmation statement due
- 4 February 2027in 104 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 62012
- Business and domestic software development
- Accounts type
- Small
- Size band
- MicroCompanies Act thresholds
05
Financials
£138k
+849%vs Jan 2024Not reported
16
+7%vs Jan 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 January 2025 | −£961k | £138k | £526k | £1.38m | — | −£446k | 16 |
| 31 January 2024 | −£718k | £15k | £462k | £1.20m | — | −£370k | 15 |
| 31 January 2023 | — | — | — | — | — | — | — |
Current ratio0.48Current assets ÷ creditors within one year
Cash per employee£8,605Cash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
06
Filing and accounts signals
- Net assets below zeroNet assets £-961,154 at 31 January 2025
- Net assets down 25% or more on the prior period-33.8% vs prior period
- Current assets below creditors within one yearCurrent ratio 0.48
- Cash at bank of £50,000 or moreCash £137,675
- Three or more accounting periods on record3 periods on record
- Incorporated five or more years agoIncorporated 21 January 2015
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Confirmation statement duein 104 days
- Next accounts duein 8 days
- Accounts period endNet liabilities £961k · small accounts
- Accounts period endNet liabilities £718k · small accounts
- Accounts period end
- Incorporated
08
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All companies incorporated on 21 January 2015 · in Jan 2015.
09
Reminders for SUBSTANTIVE RESEARCH LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.