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SYSGROUP PLC

Active Manchester

Information technology consultancy activities

100 employees Website
Information technology, telecommunications and data Information technology consultancy activitiesOther information technology service activities +1
S

SYSGROUP PLC

Information technology consultancy activities

Founded 20 Mar 2007 Active Manchester, England 100 employees sysgroup.com
Information technology, telecommunications and data Information technology consultancy activitiesOther information technology service activitiesData processing, hosting and related activities
Accounts Submitted 23 Sept 2025
Confirmation Statement Submitted 1 Apr 2025
Net assets £23.73M £8.96M 2024 year on year
Total assets £37.95M £7.50M 2024 year on year
Total Liabilities £14.21M £1.47M 2024 year on year
Charges 2
1 outstanding 1 satisfied

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Contact & Details

Contact

Update Details

Registered Address

Sysgroup Plc 55 Spring Gardens Manchester M2 2BY England

Office (Newport)

Redcliff House, Hazell Dr, Coedkernew, Marshfield, Newport NP10 8FY

Telephone

0015 155 91777

Website

sysgroup.com

Credit Report

Discover SYSGROUP PLC's Credit Score, limit, and payment likelihood.

Mutual Companies

See All Mutual Companies

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type Total Exemption Full
Next accounts 31 December 2025
Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2013–2024)

Cash in Bank

£8.74M

Increased by £6.80M (+350%)

Net Assets

£23.73M

Increased by £8.96M (+61%)

Total Liabilities

£14.21M

Decreased by £1.47M (-9%)

Turnover

£20.50M

Decreased by £2.21M (-10%)

Employees

100

Decreased by 11 (-10%)

Debt Ratio

37%

Decreased by 15 (-29%)
See 10 Year Full Financials

Financial History

Revenue, profit, EBITDA and key financial figures

2024
Dec Year End
2023
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

£34.2m raised
Show:

Investors (3)

Investor NameInvestor SinceParticipating Rounds
Herald Investment ManagementFeb 2019Post-IPO Equity
William Currie GroupFeb 2019Post-IPO Equity
SantanderFeb 2019Debt

Share Capital

Share Capital

Share allotments and capital structure

4 Allotments 44,363,421 Shares £17.06m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
26 Jun 202434,019,007£11.23m£0.33
7 Mar 2017611,766£0£0
14 Feb 2017340,981£201k£0.59
5 Jul 20169,391,667£5.64m£0.6

Officers

Officers

7 active 26 resigned
Status
Davin CushmanDirectorAmericanEngland5110 Jun 2024Active
Heejae Richard ChaeDirectorAmericanEngland5726 Jun 2023Active
Mark Alexander ReillyDirectorBritishEngland4612 Dec 2023Active
Michael James FletcherDirectorBritishUnited Kingdom518 Jan 2018Active
Owen PhillipsDirectorBritishEngland4511 Mar 2024Active
Paul EdwardsDirectorBritishEngland5925 Sept 2023Active
Wendy BakerSecretaryUnknownUnknown—22 Sept 2023Active

Shareholders

Shareholders (9)

Others Under 3%
25.1%
12,284,34627 Mar 2024
Herald Investment Management Limited
7.0%
3,444,58127 Mar 2024
Praetura Group Limited
0.0%
027 Mar 2024

Persons with Significant Control

Persons with Significant Control (1)

1 Active 3 Ceased

Gresham House Asset Management Ltd

United Kingdom

Active
Notified 9 Jan 2024
Nature of Control
  • Ownership Of Shares 25 To 50 Percent
  • Voting Rights 25 To 50 Percent

Adam Binks

Ceased 26 Jun 2023

Ceased

Heejae Richard Chae

Ceased 11 Mar 2024

Ceased

Martin Audcent

Ceased 11 Mar 2024

Ceased
See All Controllers

Group Structure

Group Structure

GRESHAM HOUSE ASSET MANAGEMENT LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
GRESHAM HOUSE HOLDINGS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
GRESHAM HOUSE LIMITED united kingdom
SYSGROUP PLC Current Company
CERTUS IT LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
HUB NETWORK SERVICES LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
INDEPENDENT NETWORK SOLUTIONS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, voting rights 75 to 100 percent as firm, appoint/remove directors
NETPLAN GROUP LIMITED united kingdom shares 75 to 100 percent
NETPLAN INTERNET SOLUTIONS LIMITED united kingdom shares 75 to 100 percent
NODE GROUP LIMITED united kingdom significant influence or control
ROCKFORD IT LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
SYSGROUP (DIS) LIMITED united kingdom shares 75 to 100 percent
SYSGROUP (EH) LIMITED united kingdom shares 75 to 100 percent
SYSGROUP HOLDING (NO1) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
SYSGROUP (NH) LIMITED united kingdom shares 75 to 100 percent
SYSGROUP TRADING LIMITED united kingdom shares 75 to 100 percent
SYSTEM PROFESSIONAL LTD united kingdom shares 75 to 100 percent
TRUSTSTREAM SECURITY SOLUTIONS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

Charges

Charges

1 outstanding 1 satisfied

Documents

Company Filings

DateCategoryDescriptionDocument
23 Sept 2025ResolutionResolutionsView(2 pages)
23 Sept 2025AccountsAnnual accounts made up to 2025-03-31View(99 pages)
22 Sept 2025CapitalCapital Sale Or Transfer Treasury Shares With Date Currency Capital FigureView(2 pages)
28 Apr 2025CapitalCapital Sale Or Transfer Treasury Shares With Date Currency Capital FigureView(2 pages)
1 Apr 2025Confirmation StatementSecond Filing Of Confirmation Statement With Made Up DateView(3 pages)
23 Sept 2025 Resolution

Resolutions

View Document(2 pages)
23 Sept 2025 Accounts

Annual accounts made up to 2025-03-31

View Document(99 pages)
22 Sept 2025 Capital

Capital Sale Or Transfer Treasury Shares With Date Currency Capital Figure

View Document(2 pages)
28 Apr 2025 Capital

Capital Sale Or Transfer Treasury Shares With Date Currency Capital Figure

View Document(2 pages)
1 Apr 2025 Confirmation Statement

Second Filing Of Confirmation Statement With Made Up Date

View Document(3 pages)

Recent Activity

Latest Activity

Resolutions

4 months ago on 23 Sept 2025

Annual accounts made up to 2025-03-31

4 months ago on 23 Sept 2025

Capital Sale Or Transfer Treasury Shares With Date Currency Capital Figure

4 months ago on 22 Sept 2025

Capital Sale Or Transfer Treasury Shares With Date Currency Capital Figure

9 months ago on 28 Apr 2025

Second Filing Of Confirmation Statement With Made Up Date

10 months ago on 1 Apr 2025