NOMINET UK

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

HaysMac LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors continue to adopt the going concern basis of presentation for the Group and Company's financial statements. The directors have reached this opinion after reviewing the Group and Company's annual budget, cash balances and assets held within the investment portfolio. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on Nominet UK's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. NOMINET UK · parent
   1. Nominet Limited 100% · UK · Dormant. Company was incorporated to protect the Nominet name
   2. Nominet Registrar Services Limited 100% · UK · ICANN accredited registrar
   3. Nominet US Inc. 100% · US · Contracting entity for US based customer
   4. Nominet Australia Pty Limited 100% · Australia · Contracting entity for provision of PDNS services to the Australian Government. Employment of Australian based employees

Significant events

• “Despite delivering a quality service we were disappointed to be unsuccessful with a tender to further extend our Protective DNS (PDNS) work in Australia when the contract ends later this year. The market has clearly changed, and we are unable to be competitive on price while delivering a quality service and retaining a suitable margin. PDNS is no longer a viable source of future income for us and we will not pursue further contracts.”
• “Since year end, we were pleased to make progress by securing a new public sector DNS contract which supports the Law Enforcement Community Network.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -0.9%

  £56,393,000 → £55,897,000

• Cash

  +133.5%

  £2,870,000 → £6,701,000

• Net assets

  -1.8%

  £97,791,000 → £96,043,000

• Employees

  -13.9%

  295 → 254

• Operating profit

  +174.1%

  £1,993,000 → £5,463,000

• Profit before tax

  +44.7%

  -£5,744,000 → -£3,178,000

• Wages

  -9.3%

  £24,317,000 → £22,054,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers