UK Companies House feature
NAVISITE EUROPE LIMITED
Cash
£108K
-94.1% vs 2022
Net assets
£11M
+97.9% vs 2022
Employees
137
-6.2% vs 2022
Profit before tax
£4M
+542.6% vs 2022
Profile
- Company number
- 02329182
- Status
- Active
- Incorporation
- 1988-12-16
- Last accounts made up
- 2023-12-31
- Account category
- FULL
- Primary SIC
- 63110
Net assets
6-year trend · vs UK AI & Enterprise SaaS median
Accounts
6-year trend · latest 2023-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £29,739,451 | £43,736,197 | |
| Operating profit | — | — | — | — | £647,046 | £4,158,140 | |
| Profit before tax | — | — | — | — | £647,046 | £4,158,140 | |
| Net profit | — | — | — | — | £647,046 | £5,515,299 | |
| Cash | — | — | — | — | £1,818,864 | £107,790 | |
| Total assets less current liabilities | — | — | — | — | £6,458,525 | £11,602,665 | |
| Net assets | — | — | — | — | £5,636,231 | £11,151,530 | |
| Equity | £2,324,899 | £1,979,162 | £5,133,354 | £4,989,185 | £5,636,231 | £11,151,530 | |
| Average employees | — | — | — | — | 146 | 137 | |
| Wages | — | — | — | — | £10,375,002 | £9,693,546 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Milsted Langdon LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“Following the acquisition of the Group by Accenture Inc in January 2024, the directors have assessed and prepared the financial statements on a basis other than going concern, based on the approved plan to transfer the Company's business, assets and liabilities to Accenture (UK) Limited, cease trading, and to liquidate the Company.”
Significant events
- “On 29 January 2024, Navisite Europe Limited was acquired by Accenture Inc as part of a deal to purchase the worldwide Navisite group.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
3 active · 38 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FERNANDES, Malcolm Joseph | Director | 2024-05-29 | Mar 1973 | British |
| NEWTON, Gareth John | Director | 2024-05-29 | May 1969 | British |
| SIMPSON, Derek Boyd | Director | 2024-05-29 | Dec 1961 | British |
Show 38 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BASS, Clive John | Secretary | 2004-03-22 | 2006-07-17 |
| BUNTING, Caroline Mary | Secretary | 1992-05-01 | 1994-01-04 |
| MCNALLY, Simon John | Secretary | 2003-12-08 | 2004-03-22 |
| NIVEN, Barry William | Secretary | 2003-07-31 | 2003-12-08 |
| RAYNES, Brett | Secretary | 1994-01-04 | 1995-01-14 |
| RAYNES, Juliet | Secretary | 1995-01-14 | 2000-04-06 |
| SHEAR, Russell Charles | Secretary | 2000-04-06 | 2003-07-16 |
| BUSINESS CONTROL LTD | Corporate Secretary | 2006-07-17 | 2025-10-24 |
| IMPERIAL COMPANY SECRETARIAL SERVICES LIMITED | Corporate Secretary | — | 1992-05-01 |
| AIELLO, Amy | Director | 2001-04-30 | 2002-10-22 |
| ALFANO, Francis John | Director | 2002-12-05 | 2003-05-16 |
| ALFANO, Francis John | Director | 1999-09-14 | 2001-06-25 |
| BALL, Stephen Vincent | Director | 2002-12-05 | 2003-05-16 |
| BECKER, Arthur | Director | 2004-03-15 | 2010-08-16 |
| BROOKS BORCHERDING, Robert | Director | 2010-08-16 | 2013-05-06 |
| BUNTING, Bernard Lawrence | Director | — | 1994-11-15 |
| CLAYMAN, Mark | Director | 2019-09-05 | 2024-01-29 |
| DOWELL, Geoffrey | Director | 1999-04-01 | 1999-09-14 |
| FACER, Jason | Director | 2021-12-22 | 2022-11-28 |
| FASSLER, Leonard J | Director | 1999-09-14 | 2000-04-06 |
| GAVIN, John | Director | 2005-01-24 | 2007-01-01 |
| KING, Gregory Adam | Director | 2013-05-06 | 2015-12-31 |
| KLEIN, Bruce | Director | 2001-06-25 | 2002-08-01 |
| LANG, Paul Andrew | Director | 2013-05-06 | 2019-09-06 |
| LAWTON, Jennifer | Director | 2000-04-06 | 2001-04-30 |
| MORRISON, Alastair David | Director | 1995-01-14 | 1999-09-14 |
| MOSS, Steven | Director | 1997-01-01 | 1997-08-01 |
| MUNROE, Steven R | Director | 2001-06-25 | 2002-07-24 |
| MURPHY, Janina | Director | 2019-09-05 | 2024-01-29 |
| PLUNTZE, Jim | Director | 2007-01-01 | 2013-01-18 |
| RAYNES, Brett | Director | 1994-01-04 | 2000-04-06 |
| RUHAN, Gabriel Martin | Director | 2003-12-08 | 2012-02-22 |
| SABHARWAL, Sumeet | Director | 2015-12-31 | 2019-09-06 |
| SCHWARTZ, Alan | Director | 2001-06-25 | 2003-05-16 |
| SCOTT, Stephen Derrick | Director | 2003-12-08 | 2005-01-07 |
| SHORTT, Peter Jonathan | Director | — | 1992-09-30 |
| TURNER, Neil | Director | 2001-09-05 | 2003-12-08 |
| YUILE, David | Director | 1997-08-31 | 2001-06-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Remote Dba Experts Llc | Corporate entity | Significant influence | 2019-09-05 | Active |
| Charter Communications Inc | Corporate entity | Significant influence | 2016-06-01 | Ceased 2019-09-05 |
Filing timeline
Last 20 of 198 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-27 | AA01 | accounts | change account reference date company previous shortened |
| 2026-01-30 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-10-29 | TM02 | officers | termination secretary company with name termination date |
| 2025-08-04 | AA01 | accounts | change account reference date company previous extended |
| 2024-12-20 | AA | accounts | accounts with accounts type full |
| 2024-12-09 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-06-25 | AP01 | officers | appoint person director company with name date |
| 2024-06-25 | AP01 | officers | appoint person director company with name date |
| 2024-06-25 | AP01 | officers | appoint person director company with name date |
| 2024-06-25 | TM01 | officers | termination director company with name termination date |
| 2024-06-25 | TM01 | officers | termination director company with name termination date |
| 2024-06-25 | AD01 | address | change registered office address company with date old address new address |
| 2024-01-16 | TM01 | officers | termination director company with name termination date |
| 2024-01-16 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-12-31 | AA | accounts | accounts with accounts type full |
| 2022-12-31 | AA | accounts | accounts with accounts type full |
| 2022-12-12 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-03-10 | MR04 | mortgage | mortgage satisfy charge full |
| 2022-02-02 | AP01 | officers | appoint person director company with name date |
| 2022-01-27 | CS01 | confirmation-statement | confirmation statement with no updates |
Credit score
Altman Z″ (private-firm) · reference 2023-12-31
5.51
SAFE
Altman Z″
- Working capital / Total assets 0.485 × 6.56 = +3.18
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.188 × 6.72 = +1.26
- Book equity / Total liabilities 1.019 × 1.05 = +1.07
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory