# DIGITAL ASSET SERVICES LTD (11356137)

> DIGITAL ASSET SERVICES LTD is an active private limited company (company number 11356137) incorporated on 11 May 2018, registered in Cardiff. Its registered activity is other service activities n.e.c. (SIC 96090). Latest full accounts cover the period ending 31 March 2025, showing net assets of −£18.14m and cash of £1.82m, with 51 employees on average. Net assets fell 87% on the prior period (−£9.70m).

- Status: Active
- Incorporated: 2018-05-11
- Registered office: Cardiff, CF10 4AZ
- SIC 96090: Other service activities n.e.c.
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-05-25
- Accounts type: FULL

By net assets it sits in the bottom quarter of 1,000 comparable companies in Cardiff (median £325, upper quartile £17k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | −£18.14m | £1.82m | £1.45m | £22.77m | — | −£8.89m | 51 |
| 2024-03-31 | −£9.70m | £8.59m | £1.88m | £21.31m | — | −£7.71m | 61 |
| 2023-03-31 | — | — | — | — | — | — | — |

current ratio 0.14; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-18,140,359 at 31 March 2025
- Net assets down 25% or more on the prior period: -87.0% vs prior period
- Current assets below creditors within one year: Current ratio 0.14
- Cash at bank of £50,000 or more: Cash £1,823,414
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 11 May 2018

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Foundation Capital X, L.P. (corporate-entity) — owns 25–50% of shares; holds 25–50% of voting rights, since 2025-12-19

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/11356137
HTML: https://firmoscan.com/company/11356137-digital-asset-services-ltd