£290k
−58%vs Sept 2024Active10374382Private limited companyLancaster
SYSTEM LOCO LTD
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
01
Summary
SYSTEM LOCO LTD is an active private limited company (company number 10374382) incorporated on 14 September 2016, registered in Lancaster. Its registered activity is wireless telecommunications activities (SIC 61200). Latest full accounts cover the period ending 30 September 2025, showing net assets of £290k and cash of £267k, with 31 employees on average. Net assets fell 58% on the prior period (£697k). Across the last 3 periods on record the net-asset trend is falling.
Peer position · net assets
By net assets it sits in the top quarter of 1,709 comparable companies in the UK (median £2,511, upper quartile £41k).
02
Key dates
- Incorporated
- 14 September 201610 yrs ago
- Next accounts due
- 30 June 2027in 251 days
- Confirmation statement due
- 28 September 2027in 341 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 61200
- Wireless telecommunications activities
- Accounts type
- Full
- Size band
- MicroCompanies Act thresholds
04
Financials
£267k
+383%vs Sept 2024Not reported
31
+19%vs Sept 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 30 September 2025 | £290k | £267k | £2.43m | £5.92m | — | −£408k | 31 |
| 30 September 2024 | £697k | £55k | £4.15m | £6.50m | — | −£134k | 26 |
| 30 September 2023 | £831k | £420k | £3.39m | £5.13m | — | −£234k | 23 |
| 30 September 2022 | — | — | — | — | — | — | — |
Current ratio0.59Current assets ÷ creditors within one year
Cash per employee£8,602Cash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
05
Filing and accounts signals
- Net assets above zeroNet assets £289,800 at 30 September 2025
- Net assets down 25% or more on the prior period-58.4% vs prior period
- Current assets below creditors within one yearCurrent ratio 0.59
- Cash at bank of £50,000 or moreCash £266,661
- Three or more accounting periods on record4 periods on record
- Incorporated five or more years agoIncorporated 14 September 2016
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 They are not a rating, a prediction or advice, and may be incomplete or out of date.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.
06
Ownership and control
- Tagapp Ltd
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
- Dr Souroush Honary
- has significant influence or control
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
07
Timeline
- Confirmation statement duein 341 days
- Next accounts duein 251 days
- Accounts period endNet assets £290k · full accounts
- Accounts period endNet assets £697k · full accounts
- Accounts period endNet assets £831k · full accounts
- Accounts period end
- Incorporated
08
Similar companies in Lancashire
- ALINIANT UK LTDLytham St.Annes · inc. May 2016
- PM-TSC LTDLeyland · inc. Jun 2017
- COMMTRACK LTDBurnley · inc. Oct 2015
- IX WIRELESS LIMITEDBlackburn · inc. Oct 2017
- NORTH WEST RIGGING LTDBlackpool · inc. Apr 2015
- SARS INFOSERVICES LTDBlackpool · inc. Jul 2018
All companies incorporated on 14 September 2016 · in Sept 2016.
09
Reminders for SYSTEM LOCO LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.