SETL LIMITED

11860439
Active London

Other information technology service activities

7 employees website.com
Financial services Other information technology service activities
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SETL LIMITED

11860439

Other information technology service activities

Founded 5 Mar 2019 Active London, United Kingdom 7 employees website.com
Financial services Other information technology service activities

Previous Company Names

LAUNCHPAD 39A LIMITED 5 Mar 2019 — 26 Apr 2019
Accounts Submitted 31 Dec 2025 Next due 30 Sept 2026 3 months remaining
Confirmation Submitted 2 Apr 2025 Next due 1 Apr 2026 3 months overdue
Net assets £-2M £666K 2024 year on year
Total assets £260K £150K 2024 year on year
Total Liabilities £2M £516K 2024 year on year
Charges 1
1 outstanding

Contact & Details

Contact

Registered Address

124 City Road London EC1V 2NX United Kingdom

Telephone

0800 000 0000

Website

www.example.com

Full company profile for SETL LIMITED (11860439), an active financial services company based in London, United Kingdom. Incorporated 5 Mar 2019. Other information technology service activities. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type small
Next accounts 31 Dec 2025
Due by 30 Sept 2026 3 months remaining

Net Assets, Total Assets & Total Liabilities (2019–2024)

Cash in Bank

£67.66k

Increased by £34.62k (+105%)

Net Assets

-£1.67M

Decreased by £666.24k (-67%)

Total Liabilities

£1.93M

Increased by £515.91k (+37%)

Turnover

N/A

Employees

7

Decreased by 6 (-46%)

Debt Ratio

740%

Increased by 397 (+116%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
31 Dec Year End
2023
31 Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

Grants 5

Investors (0)

No investor information available

Share Capital

Share Capital

Share allotments and capital structure

97 Allotments 351,650,067 Shares £1.78m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
26 Apr 202225,261£0.253£0
25 Apr 202230,625£0.306£0
7 Jan 20221,200,000£12£0
18 Dec 20218,256,345£82.563£0
18 Dec 2021461,440£4.614£0

Officers

Officers

1 active 2 resigned
Status
Tekmen, BülentDirectorTurkishTurkey508 Dec 2023Active

Shareholders

Shareholders (88)

Colendi Holdings Limited
55.3%
287,245,848
Colendi Holdings Limited
20.4%
105,945,230

Persons with Significant Control

Persons with Significant Control (1)

1 Active 1 Ceased
Active
Notified 2 Feb 2023
Nature of Control
  • Ownership Of Shares 75 To 100 Percent

Anthony David Culligan

Ceased 2 Feb 2023

Ceased

Group Structure

Group Structure

SETL LIMITED Current Company
LAUNCHPAD 39A LIMITED united kingdom
SETL PAYMENTS LIMITED united kingdom

Charges

Charges

1 outstanding

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
21 Apr 2026AddressChange Registered Office Address Company With Date Old Address New Address
21 Apr 2026OfficersChange to director Mr Bülent Tekmen on 13 Mar 2026
31 Dec 2025AccountsAnnual accounts made up to 31 Dec 2024
15 Apr 2025AccountsAnnual accounts made up to 31 Dec 2023
2 Apr 2025Confirmation StatementConfirmation statement made on 18 Mar 2025 with updates
21 Apr 2026 Address

Change Registered Office Address Company With Date Old Address New Address

21 Apr 2026 Officers

Change to director Mr Bülent Tekmen on 13 Mar 2026

31 Dec 2025 Accounts

Annual accounts made up to 31 Dec 2024

15 Apr 2025 Accounts

Annual accounts made up to 31 Dec 2023

2 Apr 2025 Confirmation Statement

Confirmation statement made on 18 Mar 2025 with updates

Recent Activity

Latest Activity

Change Registered Office Address Company With Date Old Address New Address

1 months ago on 21 Apr 2026

Change to director Mr Bülent Tekmen on 13 Mar 2026

1 months ago on 21 Apr 2026

Annual accounts made up to 31 Dec 2024

5 months ago on 31 Dec 2025

Annual accounts made up to 31 Dec 2023

1 years ago on 15 Apr 2025

Confirmation statement made on 18 Mar 2025 with updates

1 years ago on 2 Apr 2025