Third Financial Software Limited
Other information technology service activities · London
ActiveUnited KingdomIncorporated 2007Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Group accounts
Net assets
£18,726,116
Cash
£13,495,059
Turnover
£20,583,367
Profit / loss
£4,158,906
Current assets
£18,096,797
Creditors < 1 year
£5,032,563
Equity
£18,726,116
Average employees
130
Balance-sheet trend
GBP · consolidatedFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-3112 months · Group · AI-read | 2024-12-31Group · AI-read | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 |
|---|---|---|---|---|---|---|
| Balance sheet | ||||||
| Net assets | £18,726,116 | £14,567,210 | £1,117,194 | £357,319 | £82,451 | −£120,252 |
| Equity | £18,726,116 | £14,567,210 | £1,117,194 | £357,319 | £82,451 | −£120,252 |
| Share capital | £22,224 | £22,224 | — | — | — | — |
| Retained earnings | £12,882,492 | £8,723,586 | — | — | — | — |
| Assets | ||||||
| Fixed assets | £6,825,524 | £5,331,259 | £1,258,026 | £1,102,700 | £713,346 | £620,927 |
| Intangible assets | £6,741,102 | £5,246,881 | — | — | — | — |
| Property, plant & equipment | £84,422 | £84,378 | £24,620 | £27,836 | £26,094 | £37,216 |
| Current assets | £18,096,797 | £15,773,271 | £1,132,339 | £943,322 | £727,232 | £1,028,759 |
| Cash at bank | £13,495,059 | £13,027,105 | £543,909 | £341,030 | £273,659 | £319,721 |
| Debtors | £4,601,738 | £2,746,166 | £588,430 | £602,292 | £453,573 | £709,038 |
| Liabilities | ||||||
| Creditors within one year | £5,032,563 | £5,635,051 | £1,007,171 | £1,196,434 | £859,154 | £1,225,257 |
| Creditors after one year | — | — | £266,000 | £492,269 | £498,973 | £544,681 |
| Provisions | £1,163,642 | £902,269 | — | — | — | — |
| Net current assets | £13,064,234 | £10,138,220 | £125,168 | −£253,112 | −£131,922 | −£196,498 |
| Assets less current liabilities | £19,889,758 | £15,469,479 | £1,383,194 | £849,588 | £581,424 | £424,429 |
| Profit & loss | ||||||
| Turnover | £20,583,367 | £18,192,839 | — | — | — | — |
| Cost of sales | £6,244,717 | £5,602,327 | — | — | — | — |
| Gross profit | £14,338,650 | £12,590,512 | — | — | — | — |
| Administrative expenses | £9,796,129 | £9,400,472 | — | — | — | — |
| Other operating income | £670,564 | £513,315 | — | — | — | — |
| Operating profit | £5,213,085 | £3,703,355 | — | — | — | — |
| Interest receivable | £369,767 | £339,461 | — | — | — | — |
| Profit before tax | £5,582,852 | £4,042,816 | — | — | — | — |
| Tax | £1,423,946 | £1,090,546 | — | — | — | — |
| Profit / loss | £4,158,906 | £2,952,270 | — | — | — | — |
| Operating costs | ||||||
| Amortisation | £2,477,979 | — | — | — | — | — |
| Audit fees | £56,767 | £58,335 | — | — | — | — |
| Cash flow | ||||||
| Cash from operations | £4,145,391 | £6,136,471 | — | — | — | — |
| Capital expenditure | £75,004 | £90,294 | — | — | — | — |
| People & pay | ||||||
| Average employees | 130 | 111 | — | — | — | — |
| Staff costs | £10,944,970 | £9,176,724 | — | — | — | — |
| Wages & salaries | £9,193,480 | £7,847,581 | — | — | — | — |
| Social security costs | £1,082,890 | £872,807 | — | — | — | — |
| Pension costs | £668,600 | £456,336 | — | — | — | — |
| Directors' remuneration | £331,465 | £545,110 | — | — | — | — |
| Highest paid director | £226,465 | £339,449 | — | — | — | — |
| Source evidence | View filing | View filing | View filing | View filing | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Principal activity
- The principal activity of the Company, continued to be that of software development.
- What it does
- software development · software · platform services · Model B clearing · custody · related services (AI keywords)
- Auditor
- Deloitte LLP · senior statutory auditor Andrew Stirling
- Audit opinion
- Clean (unmodified)
- Immediate parent
- Nucleus Financial Platforms Limited · United Kingdom
- Ultimate parent
- Plutus Topco Limited · Jersey
- Accounts
- Full accounts · FRS 102
- Approved
- 2026-05-05, signed by M Scott
Turnover by segment (10)
- Provision of software: 2,836,707 (2025-12-31)
- Platform revenues (Model B clearing, custody and related services): 12,160,319 (2025-12-31)
- Net Interest on client accounts: 5,586,341 (2025-12-31)
- United Kingdom: 20,042,850 (2025-12-31)
- Europe: 540,517 (2025-12-31)
- Provision of software: 3,697,782 (2024-12-31)
- Platform revenues (Model B clearing, custody and related services): 9,603,193 (2024-12-31)
- Net Interest on client accounts: 4,891,864 (2024-12-31)
- United Kingdom: 17,581,514 (2024-12-31)
- Europe: 611,325 (2024-12-31)
Related parties (3)
- Copperfield Stone Limited · related party company through a common director · Services provided to the group; balance outstanding · £32,200; balance at 31 December 2025 and 31 December 2024 was £nil
- key management of the group · key management · Aggregate remuneration · £554,364 (2024: £882,837)
- C M Williams · director; group company · Group charge for services on the Board · £105,000 (2024: £35,331)
Directors' report (4)
- M W Scott
- C M Williams
- M R Regan
- P G J Docherty
Share classes (6)
- 9,199 New A Ordinary shares of £1 each of £1
- 8,175 New B Ordinary shares of £1 each of £1
- 1,600 D1 Ordinary shares of £1 each of £1
- 1,150 D2 Ordinary shares of £1 each of £1
- 100 D3 Ordinary shares of £1 each of £1
- 2,000 Special A Preference shares of £1 each of £1
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
0 outstanding chargesShow 5 satisfied / released
Floating · created 2018-01-03 · satisfied 2022-05-12
—
SatisfiedAll Assets · created 2017-12-04 · satisfied 2022-05-12
—
SatisfiedRoger Keith Foster As Trustee Of The Roger Foster Pension Trust, Rowanmoor Trustees Limited As Trustee Of The Roger Foster Pension Trust, Stewart Charles Foster As Trustee Of The Roger Foster Pension Trust
All Assets · created 2017-10-06 · satisfied 2017-12-21
—
SatisfiedFloating · created 2013-02-07 · satisfied 2015-05-06
All monies
SatisfiedFloating · created 2010-02-23 · satisfied 2013-02-08
All monies
Satisfied