−£175k
vs Mar 2024Active13368384Private limited companyLondon
FRICTIONLESS TECHNOLOGIES LTD
Significant control: Urvesh Vasani (25–50%), Devansh Vasani (25–50%)
From public filings as at 31 Aug 2026; may contain errors or be out of date.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 Frictionless Technologies Ltd sell?
Registered activity: Other software publishing (SIC 58290). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
FRICTIONLESS TECHNOLOGIES LTD is an active private limited company (company number 13368384) incorporated on 30 April 2021, registered in London. Its registered activity is other software publishing (SIC 58290). Latest micro accounts cover the period ending 31 March 2025, showing net assets of −£175k, with 2 employees on average. Turnover was £31k and profit for the year −£52k. Net assets fell 170% on the prior period (−£65k).
Peer position · net assets
By net assets it sits in the bottom quarter of 2,698 comparable companies in London (median £100, upper quartile £9,081).
02
Ownership and control
- Mr Urvesh Vasani
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
- Mr Devansh Vasani
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
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
- 30 April 20215 yrs ago
- Next accounts due
- 31 December 2026in 69 days
- Confirmation statement due
- 14 May 2027in 203 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 58290
- Other software publishing
- Accounts type
- Micro Entity
- Size band
- MicroCompanies Act thresholds
05
Financials
Not reported
£31k
Not reported the period before2
Not reported the period before| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 March 2025 | −£175k | — | — | £121k | £31k | −£52k | 2 |
| 31 March 2024 | −£65k | — | — | £126k | — | −£65k | — |
Current ratio0.2Current assets ÷ creditors within one year
Net margin-166.6%Profit for the year ÷ turnover
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
06
Filing and accounts signals
- Net assets below zeroNet assets £-175,262 at 31 March 2025
- Net assets down 25% or more on the prior period-170.2% vs prior period
- Current assets below creditors within one yearCurrent ratio 0.2
- Incorporated five or more years agoIncorporated 30 April 2021
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 203 days
- Next accounts duein 69 days
- Accounts period endNet liabilities £175k · micro accounts
- Accounts period endNet liabilities £65k · micro accounts
- Incorporated
08
Similar companies in London
09
Reminders for FRICTIONLESS TECHNOLOGIES LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.