PELION IOT LIMITED

319 ST. VINCENT STREET, GLASGOW, G2 5LD

Previous name: ARM CLOUD SERVICES LIMITED (changed on 23-Aug-2021)
Previous name: STREAM TECHNOLOGIES LIMITED (changed on 02-Sep-2019)
Previous name: STREAM COMMUNICATIONS LIMITED (changed on 30-May-2014)

Company Number: SC211701
Incorporation date: 05-Oct-2000
Status: Active
Entity type: Private Limited Company

SIC codes:
61200 Wireless telecommunications activities





SUMMARY

This company is 23.5 years old and is currently active. It is controlled by multiple entities. The company has negative equity (net assets) of GBP -5 million which has worsened since the previous year's figure of GBP 0. The latest reported revenue figure is GBP 25.5 million which is up 180% on previous year's figure of GBP 9.1 million. The company is both loss making and has negative equity, it is therefore likely to go bankrupt unless it can raise funding or business has improved since the last accounts were filed. Retained earnings is negative (GBP -4.9 million), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 5 active officers (directors or partners) who are or were officers of 15 other companies. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 31-Mar-2024
Accounts Filed: FULL (31-Mar-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Mar-2020 GBP 25,457,762 -3,073,102 108,201 -2,545,462
01-Jan-2018 GBP 9,137,572 -3,695,004 10,060 -3,705,064
31-Dec-2017 GBP
No P&L data available


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Mar-2020 GBP 5,847,750 16,101,025 23,401,057 1,847,554 63 105,841 -4,865,168 -4,986,229
01-Jan-2018 GBP
31-Dec-2017 GBP 211,976 2,260,393 1,314,176 57 -226,965 1,337,189 1,110,281
31-Dec-2016 GBP 232,367 1,988,250 1,339,864 297 57 1,008,725 781,817
31-Dec-2015 GBP 1,012 853,313 891,021 297 57 339,595 112,687
31-Dec-2014 GBP 472,014 1,192,636 711,873 2,960 57 798,437 571,529
31-Dec-2013 GBP 495,611 988,763 475,682 2,960 57 846,985 620,077
31-Dec-2012 GBP 221,565 563,317 342,342 2,960 57 546,879 319,971
31-Dec-2011 GBP 175,497 325,638 251,324 103,138 57 297,055 70,147

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Mar-2020 GBP 100.00% 105,904 0 105,904 -1,947,146
01-Jan-2018 GBP inf% 226,908 -226,908 0 -219,442
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Resigned Nigel Andrew CHADWICK 05 Oct 2000 01 Jun 2018 Management Consultant British 0 - 12

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Andrew George TAYLOR 01 Nov 2022 Director British 2 - 111 (7.7%)
Resigned Timothy James ANKERS 08 Oct 2022 31 Dec 2023 Investment Executive British 1 - 20 (0.0%)
Active Andrew Peter DAVISON 08 Oct 2022 Fund Manager British 6 - 00 (0.0%)
Active Niall Graham STRACHAN 08 Oct 2022 Company Director British 3 - 00 (0.0%)
Active Alan TAIT 08 Oct 2022 Company Director British 3 - 00 (0.0%)
Active David Andrew WEIDNER 08 Oct 2022 Ceo American 2 - 00 (0.0%)
Resigned Adam David WESTHEAD 23 Mar 2022 08 Oct 2022 Director British 4 - 21 (16.7%)
Resigned Alexander Richard FORTMULLER 23 Mar 2022 08 Oct 2022 Vp Corp. Dev. & Investments, Softbank American 0 - 10 (0.0%)
Resigned Glordiola NARASIMHAN 30 Nov 2021 23 Mar 2022 Lawyer British 0 - 10 (0.0%)
Resigned Zoe Ariadne Helen Sinead Begg ROSE 02 Oct 2020 30 Nov 2021 Director British 0 - 10 (0.0%)
Resigned Anna-Marie RAJAH 02 Oct 2020 30 Nov 2021 Director British 0 - 140 (0.0%)
Resigned Himagiri Kumar MUKKAMALA 02 Oct 2020 08 Oct 2022 Director American 0 - 20 (0.0%)
Resigned Dipesh Ishwerbhai PATEL 02 Oct 2020 30 Nov 2021 Director American 0 - 30 (0.0%)
Resigned Vincent KORSTANJE 31 Mar 2020 30 Nov 2021 Director Dutch 1 - 30 (0.0%)
Resigned Craig George SLORACH 01 Sep 2019 02 Oct 2020 Vp Isg Chief Of Staff British 0 - 20 (0.0%)
Resigned Timothy Neil PULLEN 01 Jun 2018 03 Dec 2018 Chief Financial Officer British 52 - 1019 (30.6%)
Resigned Graham Stephen BUDD 01 Jun 2018 02 Oct 2020 President & Chief Operations Officer British 3 - 270 (0.0%)
Resigned Soo Hsien TAN 01 Jun 2018 05 Sep 2018 Vp Finance American 0 - 10 (0.0%)
Resigned Christopher Frederick PORTHOUSE 01 Jun 2018 31 Mar 2020 Vp And General Manager British 0 - 20 (0.0%)
Resigned STEPHEN MABBOTT LTD. 05 Oct 2000 05 Oct 2000 0 - 72493686 (50.8%)
Resigned Alexander John STEVEN 05 Oct 2000 11 Oct 2011 Management Consultant Scottish 1 - 30 (0.0%)
Resigned Nigel Andrew CHADWICK 05 Oct 2000 01 Jun 2018 Management Consultant British 0 - 126 (50.0%)
Resigned BRIAN REID LTD. 05 Oct 2000 05 Oct 2000 0 - 80624019 (49.9%)
Resigned Kevin MCDOWALL 05 Oct 2000 01 Jun 2018 Telecoms British 0 - 31 (33.3%)
Number of active directors: 5
Average tenure of active directors: 1.5 years
Average tenure of resigned directors: 3.3 years
Average active director Dissolution Rate: 1.5%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
NOMAD DIGITAL LIMITED (04536010) - Active
NOMAD SPECTRUM LIMITED (04722629) - Active
NOMAD SOLUTIONS UK LIMITED (05021077) - Active
NOMAD HOLDINGS LIMITED (05871463) - Active
NOMAD WEST COAST LIMITED (06193174) - Active
NOMAD DIGITAL NETWORKS UK LIMITED (06193175) - Active
MDS CEM HOLDINGS LIMITED (07890595) - Active
NOMAD DIGITAL (INDIA) LIMITED (07943372) - Active
NEW LAVASTORM (2017) LIMITED (10849034) - Liquidation
API SOFTWARE LIMITED (SC154934) - Active
PELION IOT LIMITED (SC211701) - Active
SCOTTISH WATER BUSINESS STREAM LIMITED (SC294924) - Active
W12 CONSULTING LIMITED (SC565341) - Active
SEP VI GENERAL PARTNER LIMITED (SC690475) - Active
PELION HOLDINGS LIMITED (SC737760) - Active
PELION DOMAINS LIMITED (SC779813) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2020-09-222018-10-052015-10-052014-10-052013-10-05
ARM LIMITEDA ORDINARY2,600
83.1%
0
0%
0
0%
0
0%
0
0%
ARM LIMITEDB ORDINARY443
14.2%
0
0%
0
0%
0
0%
0
0%
ARM LIMITEDC ORDINARY85
2.72%
0
0%
0
0%
0
0%
0
0%
KEVIN MCDOWALLA ORDINARY0
0%
1,300
41.6%
0
0%
0
0%
0
0%
NIGEL CHADWICKA ORDINARY0
0%
1,135
36.3%
0
0%
0
0%
0
0%
THE LOVE SUPREME DISCRETIONARY TRUSTA ORDINARY0
0%
165
5.27%
0
0%
0
0%
0
0%
SUSAN JACKB ORDINARY0
0%
150
4.80%
0
0%
0
0%
0
0%
ALAN TAITB ORDINARY0
0%
95
3.04%
0
0%
0
0%
0
0%
NIALL STRACHANB ORDINARY0
0%
90
2.88%
0
0%
0
0%
0
0%
ALEXANDER STEVENC ORDINARY0
0%
85
2.72%
17
3.00%
17
3.00%
17
3.00%
SIMON PATERSONB ORDINARY0
0%
75
2.40%
0
0%
0
0%
0
0%
PETER KINNAIRDB ORDINARY0
0%
25
0.799%
0
0%
0
0%
0
0%
SCOTT EWINGB ORDINARY0
0%
8
0.256%
0
0%
0
0%
0
0%
NIGEL CHADWICKORDINARY A0
0%
0
0%
260
45.9%
260
45.9%
260
45.9%
KEVIN MCDOWALLORDINARY A0
0%
0
0%
260
45.9%
260
45.9%
260
45.9%
SUSAN JACKORDINARY B0
0%
0
0%
30
5.29%
30
5.29%
30
5.29%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

PELION IOT LIMITED

Controlled companies below

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 61200 Wireless telecommunications activities)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
TELEFONICA UK LIMITED 500 BROOK DRIVE, READING, UNITED KINGDOM, RG2 6UU 01743099 2017-12-31 5,471,000,000 416,000,000 61900-Other telecommunications activities
HUTCHISON 3G UK LIMITED 450 LONGWATER AVENUE, GREEN PARK, READING, BERKSHIRE, ENGLAND, RG2 6GF 03885486 2017-12-31 2,357,044,000 358,285,000
ARRIS GLOBAL LTD. 12 NEW FETTER LANE, LONDON, UNITED KINGDOM, EC4A 1JP 01672847 2017-12-31 1,825,600,000 169,000,000 61300-Satellite telecommunications activities
61900-Other telecommunications activities
ERICSSON LIMITED 14TH FLOOR, THAMES TOWER, STATION ROAD, READING, BERKSHIRE, ENGLAND, RG1 1LX 00942215 2017-12-31 404,128,000 73,461,000
ANGLIA TELECOM CENTRES LIMITED MILTON GATE, 60 CHISWELL STREET, LONDON, UNITED KINGDOM, UNITED KINGDOM, EC1Y 4AG 02114602 2018-03-31 55,589,000 43,637,000
SIERRA WIRELESS (UK) LIMITED BOSTON HOUSE,2A, BOSTON ROAD, HENLEY-ON-THAMES, ENGLAND, RG9 1DY 04172042 2017-12-31 4,698,521 0
MITECH CONSULTANTS LIMITED WAINSCOT, HEATH ROAD, WARBOYS, HUNTINGDON, CAMBRIDGESHIRE, PE28 2UW 03928755 2018-03-31 2,958,850 0
ZENIC8 (EMEA) LIMITED WAINSCOT HEATH ROAD, WARBOYS, HUNTINGDON, ENGLAND, PE28 2UW 09374943 2018-03-31 1,023,728 0
SPD CAD SERVICES LIMITED UNITS 182/184, TOWER STREET, BRUNSWICK BUSINESS PARK, LIVERPOOL, ENGLAND, L3 4BJ 06856311 2018-03-31 700,665 0
COMMUNICATION AND TECHNICAL SERVICES LIMITED 17 PAGES WALK, LONDON, SE1 4SB 01926779 2018-03-31 586,542 0
HUMLEY LIMITED THE STABLES (UNIT 5) MANOR FARM OLD ROAD, LAMPORT, NORTHAMPTON, NORTHAMPTONSHIRE, ENGLAND, NN6 9HF 09178026 2018-03-31 372,167 0 62011-Ready-made interactive leisure and entertainment software development
62020-Information technology consultancy activities
TARDIS PLC FABER HOUSE,, EASTERN ROAD, ROMFORD, ESSEX, RM1 3PJ 03281207 2018-03-31 340,599 0
ORIGINAL TELECOMS LTD ENTERPRISE HOUSE, 2-4 BALLOO AVENUE, BANGOR, CO.DOWN, BT19 7QT NI052061 2017-10-31 245,578 0
SMART ANTENNA TECHNOLOGIES LIMITED JAMES COWPER KRESTON 2 CHAWLEY PARK, CUMNOR HILL, OXFORD, ENGLAND, OX2 9GG 08482911 2018-03-31 220,910 0
PHAI SERVICES LIMITED 10 MANOR GARDENS, CHENEY MANOR, SWINDON, WILTSHIRE, ENGLAND, SN2 2ND 10439376 2018-05-04 143,997 0
TEECEE CONTRACTS LTD 44 HIGH STREET, CROUGHTON, BRACKLEY, ENGLAND, NN13 5LT 07942878 2018-02-28 123,889 0 62020-Information technology consultancy activities
62030-Computer facilities management activities
69202-Bookkeeping activities
DATA RADIO LIMITED 19 GUILD APPLETON LTD, 19 OLD HALL STREET, LIVERPOOL, UNITED KINGDOM, L3 9JQ 04780912 2017-08-31 113,759 0
RED MOBILE COMMUNICATIONS LIMITED 100 CHERRY TREE ROAD, BEACONSFIELD, ENGLAND, HP9 1BH 09407162 2019-01-31 103,184 0 62090-Other information technology service activities
CALLMASTER LIMITED 62 KINGS ROAD, KINGS ROAD, KINGSTON UPON THAMES, ENGLAND, KT2 5HS 01529705 2017-09-30 95,329 0
PERENNE LIMITED 1 THE CLOSE EUROPEAN SCHOOL, THAME LANE, CULHAM, ABINGDON, OXFORDSHIRE, UNITED KINGDOM, OX14 3DZ 05316692 2018-12-31 81,091 0 61300-Satellite telecommunications activities
62012-Business and domestic software development
62020-Information technology consultancy activities
TERABIT LIMITED THE MALT HOUSE, WEST STREET, ALRESFORD, HAMPSHIRE, SO24 9AB 05177934 2018-03-31 68,634 0
STUART BROWNING LIMITED 55 HIGH STREET, WALSHAW, BURY, LANCASHIRE, ENGLAND, BL8 3AG 10195212 2018-05-31 68,100 0
BOE WALTON LTD. 348 HOWLANDS, WELWYN GARDEN CITY, HERTS, UNITED KINGDOM, AL7 4HD 10624364 2018-02-28 65,520 0 61900-Other telecommunications activities
OPTIMUM RF CONSULTING LIMITED 14 CAXTON APARTMENTS, 172 CABLE STREET, LONDON, ENGLAND, E1 0EY 06831432 2019-02-28 63,686 0
SMARTER MOBILE SOLUTIONS LTD NORFOLK HOUSE, 50 BARTHOLOMEW STREET, NEWBURY, BERKSHIRE, RG14 5DU 08934495 2018-02-28 60,957 0
PRECISION MODELS AND PROJECTS LIMITED 7 THE CUTTING, BROCKHOLES, HOLMFIRTH, ENGLAND, HD9 7HL 07775885 2018-09-30 58,300 0 70229-Management consultancy activities other than financial management
DIVINEE SERVICES LIMITED 73 WATERSIDE, UXBRIDGE, ENGLAND, UB8 2LQ 09739483 2018-08-31 57,500 0
GINCEPTION SOFTWARE LTD 171 KINGSTON ROAD, TEDDINGTON, ENGLAND, TW11 9JP 08317391 2018-03-12 55,600 0 62012-Business and domestic software development
62020-Information technology consultancy activities
K JONES COMMS LTD JUSTACCOUNTS, TYRONE HOUSE HAYDOCK LANE, HAYDOCK INDUSTRIAL ESTATE, HAYDOCK, ST. HELENS, MERSEYSIDE, WA11 9UY 09161846 2018-08-31 46,605 0
PO EVOLUTIONS LTD 111 PEPLINS WAY, BROOKMANS PARK, HATFIELD, HERTFORDSHIRE, AL9 7UT 08560630 2018-06-30 40,531 0
TECHR LTD 75 STANLEY HILL, AMERSHAM, BUCKINGHAMSHIRE, HP7 9HH 09358165 2018-12-31 35,430 0
CHLOE R BRICE LIMITED 30 C MANOR PARK, LONDON, UNITED KINGDOM, SE13 5RN 10552342 2018-01-31 32,469 0
RMCOMMERCE LTD WHIMPLE STORES THE SQUARE, WHIMPLE, EXETER, ENGLAND, EX5 2SN 08376528 2019-01-31 32,000 0 62090-Other information technology service activities
GGK TECH LTD 20 MONET PLACE, AYLESBURY, BUCKS, UNITED KINGDOM, HP19 8SN 10166208 2019-05-31 31,188 0
BETA TELECOM LIMITED TERRYS GREEN FARM MALTHOUSE LANE, EARLSWOOD, SOLIHULL, WEST MIDLANDS, ENGLAND, B94 5DU 01961174 2018-03-31 24,735 0
SWEDISH WIRELESS UK LTD 4385, 06665208 - COMPANIES HOUSE DEFAULT ADDRESS, CARDIFF, CF14 8LH 06665208 2017-08-31 24,601 0 69201-Accounting and auditing activities
69202-Bookkeeping activities
69203-Tax consultancy
LTE TELECOM LTD 31 NORTHFIELD DRIVE, WOODSETTS, WORKSOP, UNITED KINGDOM, S81 8QF 10695288 2018-03-31 21,676 0
POSITION SYSTEMS LIMITED 4 ORCHARD COURT CHURCH STREET, CRONDALL, FARNHAM, SURREY, GU10 5QP 02474841 2019-03-31 17,275 0
PIRANHA MOBILE LTD 59 BROOMFIELD AVENUE, LONDON, LONDON, ENGLAND, N13 4JR 07669342 2018-06-30 8,575 0
SOLUTION IN MEDIA LTD BEN COULL, ST. ANNES HOUSE, LONDON ROAD, HIGH WYCOMBE, BUCKINGHAMSHIRE, HP11 1EX 07838413 2018-11-30 8,460 0 61900-Other telecommunications activities
70210-Public relations and communications activities
DUFTON DIGITAL LTD ORCHARD HOUSE, DUFTON, APPLEBY-IN-WESTMORLAND, CUMBRIA, CA16 6DF 08115761 2018-06-30 6,203 0 62020-Information technology consultancy activities
SMART GRID SOLUTIONS LTD 48 LINKSWAY DRIVE, BURY, LANCASHIRE, BL9 8EP 04718630 2018-04-30 3,000 0
WHITFIELDS CONSULTING LTD 20-22 WENLOCK ROAD, LONDON, ENGLAND, N1 7GU 09238109 2019-03-31 1,933 0 61900-Other telecommunications activities
62020-Information technology consultancy activities
SUNHILL TECHNOLOGIES LIMITED 41 GREAT PORTLAND STREET, LONDON, ENGLAND, W1W 7LA 07096619 2018-12-31 934 0
REN INDUSTRIES LTD 6 BOLINGBROKE ROAD, FLAT 2, LONDON, ENGLAND, W14 0AL 09893497 2017-11-30 417 0
PROCLAIM DIGITAL LIMITED M6 STORAGE BOOST TOLLGATE DRIVE, TOLLGATE INDUSTRIAL ESTATE, STAFFORD, STAFFORDSHIRE, UNITED KINGDOM, ST16 3HS 10851818 2018-07-31 275 0 62020-Information technology consultancy activities
73110-Advertising agencies
85600-Educational support services
DBSD SERVICES LIMITED 5 ALDERMANBURY SQUARE, 13TH FLOOR, LONDON, ENGLAND, EC2V 7HR 03045294 2018-12-31 0 0 61300-Satellite telecommunications activities
GLOBAL INTERCONNECT LTD 16C COWAN DRIVE, COWAN DRIVE, LIVERPOOL, ENGLAND, L6 2PD 08511476 2019-04-30 0 0 62020-Information technology consultancy activities
85600-Educational support services
LANSDOWN CLOSE SERVICES LIMITED 77 FRENCHAY CLOSE, BRISTOL, ENGLAND, BS16 2QJ 04740286 2018-04-30 0 0
PERUSUS LIMITED 6 WAXHOUSE GATE, HIGH STREET, ST. ALBANS, ENGLAND, AL3 4EW 09807497 2018-05-04 0 0
RADIO FREQUENCY DESIGN LTD FONTWELL FARM FONTWELL AVENUE, EASTERGATE, CHICHESTER, WEST SUSSEX, UNITED KINGDOM, PO20 3RU 10158705 2018-05-31 0 0
SAF CONSULT LIMITED 37 RIVERSIDE ROAD, SHOREHAM-BY-SEA, WEST SUSSEX, BN43 5RB 08258139 2018-10-31 0 0
SSG UK LIMITED 5 ALDERMANBURY SQUARE, 13TH FLOOR, LONDON, ENGLAND, EC2V 7HR 05562649 2018-12-31 0 0 61300-Satellite telecommunications activities
TF CONSULTING LTD 8 NEW HOUSE PARK, ST. ALBANS, HERTFORDSHIRE, AL1 1UB 08161931 2018-07-31 0 0
ERICSSON (HOLDINGS) LIMITED C/O INTERPATH LIMITED 10, FLEET PLACE, LONDON, EC4M 7RB 00416828 0000-00-00 0 0
TELSTRA GLOBAL LIMITED 2ND FLOOR BLUE FIN, 110 SOUTHWARK STREET, LONDON, SE1 0TA 02818910 0000-00-00 0 0 61900-Other telecommunications activities

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
PELION IOT LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector 1.2% 5.7% 10.0% Medium
Age 0.3% 1.3% 2.4% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.5% 1.8% 3.9% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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