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RECITE ME LIMITED

Active Gateshead

Other information technology service activities

71 employees Website
Software Vertical-specific SaaS Other information technology service activities
R

RECITE ME LIMITED

Other information technology service activities

Founded 19 May 2010 Active Gateshead, United Kingdom 71 employees reciteme.com
Software Vertical-specific SaaS Other information technology service activities
Accounts Submitted 28 Jul 2025
Confirmation Statement Submitted 19 May 2025
Net assets £-317.25K £481.93K 2024 year on year
Total assets £5.45M £1.72M 2024 year on year
Total Liabilities £5.77M £2.20M 2024 year on year
Charges None No charges registered

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AI Analysis

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Contact & Details

Contact

Update Details

Registered Address

Baltimore House Baltic Business Quarter Gateshead Tyne And Wear NE8 3DF United Kingdom

Office ()

Gateshead, Gateshead, United Kingdom, Europe

Telephone

0191 432 8092

Website

reciteme.com

Credit Report

Discover RECITE ME LIMITED'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 (2014–2024)

Cash in Bank

£1.20M

Decreased by £358.84k (-23%)

Net Assets

-£317.25k

Decreased by £481.93k (-293%)

Total Liabilities

£5.77M

Increased by £2.20M (+62%)

Turnover

N/A

Employees

71

Increased by 23 (+48%)

Debt Ratio

106%

Increased by 10 (+10%)
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

£8.8m raised
Show:

Investors (1)

Investor NameInvestor SinceParticipating Rounds
BGFMar 2023Follow-on, Growth Capital

Share Capital

Share Capital

Share allotments and capital structure

2 Allotments 2,971 Shares £3.35m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
18 Oct 2024791£1.25m£2k
22 Feb 20232,180£2.10m£963.3

Officers

Officers

3 active
Status
John HealeyDirectorBritishUnited Kingdom4322 Feb 2023Active
Ross LinnettDirectorBritishUnited Kingdom4619 May 2010Active
Steven NelsonDirectorBritishEngland6020 May 2013Active

Shareholders

Shareholders (4)

Ross Linnett
40.4%
8,78419 May 2025
Steve Nelson
14.5%
3,16319 May 2025
Bradley Holbrook
11.6%
2,51919 May 2025

Persons with Significant Control

Persons with Significant Control (2)

2 Active 1 Ceased

Ross Linnett

British

Active
Notified 19 May 2016
Residence United Kingdom
DOB October 1979
Nature of Control
  • Ownership Of Shares 25 To 50 Percent
  • Voting Rights 25 To 50 Percent

Bgf Investment Management Limited

United Kingdom

Active
Notified 22 Feb 2023
Nature of Control
  • Ownership Of Shares 25 To 50 Percent
  • Voting Rights 25 To 50 Percent

Northstar Ventures Limited

Ceased 10 Oct 2022

Ceased
See All Controllers

Group Structure

Group Structure

BGF INVESTMENT MANAGEMENT LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
BGF GROUP PLC united kingdom significant influence or control
RBS SME INVESTMENTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent
HSBC (BGF) INVESTMENTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
BARCLAYS FUNDS INVESTMENTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
UBERIOR INVESTMENTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
BARCLAYS EQUITY HOLDINGS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
HSBC BANK PLC united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent
RBS AA HOLDINGS (UK) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent
LBG EQUITY INVESTMENTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
BARCLAYS PRINCIPAL INVESTMENTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
HSBC HOLDINGS PLC united kingdom
LLOYDS BANKING GROUP PLC united kingdom
NATWEST GROUP PLC united kingdom
BARCLAYS PLC united kingdom
RECITE ME LIMITED Current Company

Charges

Charges

No charges registered

Documents

Company Filings

DateCategoryDescriptionDocument
28 Jul 2025AccountsAnnual accounts made up to 2025-03-31View(13 pages)
19 May 2025Confirmation StatementConfirmation statement made on 2025-05-19 with updatesView(4 pages)
17 Nov 2024ResolutionResolutionsView(1 page)
7 Nov 2024CapitalAllotment of shares (GBP 217.39) on 2024-10-18View(3 pages)
6 Nov 2024CapitalCapital Variation Of Rights Attached To SharesView(2 pages)
28 Jul 2025 Accounts

Annual accounts made up to 2025-03-31

View Document(13 pages)
19 May 2025 Confirmation Statement

Confirmation statement made on 2025-05-19 with updates

View Document(4 pages)
17 Nov 2024 Resolution

Resolutions

View Document(1 page)
7 Nov 2024 Capital

Allotment of shares (GBP 217.39) on 2024-10-18

View Document(3 pages)
6 Nov 2024 Capital

Capital Variation Of Rights Attached To Shares

View Document(2 pages)

Recent Activity

Latest Activity

Annual accounts made up to 2025-03-31

6 months ago on 28 Jul 2025

Confirmation statement made on 2025-05-19 with updates

9 months ago on 19 May 2025

Resolutions

1 years ago on 17 Nov 2024

Allotment of shares (GBP 217.39) on 2024-10-18

1 years ago on 7 Nov 2024

Capital Variation Of Rights Attached To Shares

1 years ago on 6 Nov 2024