UK Companies House feature
NV5 GEOSPATIAL SOLUTIONS UK LIMITED
Cash
£1M
+13.7% vs 2023
Net assets
£464K
+13.2% vs 2023
Employees
13
+8.3% vs 2023
Profit before tax
£73K
-5.6% vs 2023
Profile
- Company number
- 03608565
- Status
- Active
- Incorporation
- 1998-08-03
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 62090
Net assets
4-year trend · vs UK AI & Enterprise SaaS median
Accounts
4-year trend · latest 2024-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £1,472,546 | £1,391,061 | |
| Operating profit | — | — | £76,846 | £71,703 | |
| Profit before tax | — | — | £76,846 | £72,520 | |
| Net profit | — | — | £80,246 | £54,193 | |
| Cash | — | — | £963,276 | £1,094,863 | |
| Total assets less current liabilities | — | — | £409,435 | £464,945 | |
| Net assets | — | — | £409,435 | £463,628 | |
| Equity | £33,384,782 | £329,189 | £409,435 | £463,628 | |
| Average employees | — | — | 12 | 13 | |
| Wages | — | — | £677,533 | £695,362 |
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
- PKB Accountants Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Significant events
- “New License revenue was up by 10% compared with 2023, but this was offset by a £80K reduction in maintenance renewals (8.6% decrease). Consulting service revenue was also lower by £10k, a 19% decrease compared to 2023. There was however an increase in leased license revenue, up £28k (10.6% on 2023).”
- “Overheads increased by 5.5% in 2024. Base salaries increased by 5.5%, slightly higher than budgeted. This was due to part of the sales bonus incentive being rolled into base salary. The significant increase was in bonuses accrued 58% as Channel sales target was significantly overachieved. There was also a significant bonus awarded to a senior member of the management team during 2024.”
- “A principal risk to the company is retaining key personnel. Geospatial and remote sensing is a niche and specialized science. It is essential to have experienced and knowledgeable employees to support the future goals and growth of the business.”
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
2 active · 17 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| TONG, Richard | Director | 2023-04-06 | Jul 1968 | American |
| WRIGHT, Dickerson | Director | 2023-04-06 | Dec 1946 | American |
Show 17 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ELLIOTT, Yolande | Secretary | 2003-11-03 | 2023-04-06 |
| WILSON, Douglas George | Secretary | 1998-12-10 | 2003-11-03 |
| LAWGRAM SECRETARIES LIMITED | Corporate Nominee Secretary | 1998-08-03 | 1998-12-10 |
| BROWN, James Garner | Director | 2011-11-22 | 2015-01-27 |
| COOKE, Richard Wayne | Director | 2015-06-30 | 2017-03-06 |
| COOKE, Richard | Director | 2002-04-01 | 2011-11-22 |
| EMERY CASELLA, Stacey | Director | 2020-12-21 | 2023-04-06 |
| FERNANDO, Nicholas | Director | 2005-06-01 | 2015-06-30 |
| FIELDS, Denise Marie | Director | 1998-10-13 | 2000-09-30 |
| LAMPE, Jacqueline Renee | Director | 2011-11-22 | 2013-12-31 |
| LAUDATI, Robert | Director | 2017-03-06 | 2019-01-18 |
| LOVE, William George | Director | 2000-09-30 | 2005-04-01 |
| NYSTROM, Dennis | Director | 2000-09-30 | 2002-04-01 |
| SCHUMACHER, Kristene Ann | Director | 2022-10-04 | 2023-04-06 |
| STERN, David Morris | Director | 1998-10-13 | 2000-09-30 |
| STREET, Stephen Gregory | Director | 1998-08-03 | 1998-10-13 |
| YOUNG, Eric Pierce | Director | 2019-01-18 | 2020-12-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Nv5 Global, Inc. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-04-06 | Active |
| L3harris Technolgies Uk Limited | Corporate entity | Shares 75–100% | 2021-11-08 | Ceased 2023-04-06 |
| L3harris Technologies Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2021-10-25 | Ceased 2023-04-06 |
Filing timeline
Last 20 of 129 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-08-18 | AA | accounts | accounts with accounts type full |
| 2025-07-30 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-09-27 | AA | accounts | accounts with accounts type full |
| 2024-08-05 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-09-22 | AA | accounts | accounts with accounts type full |
| 2023-08-08 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-05-22 | CERTNM | change-of-name | certificate change of name company |
| 2023-04-18 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2023-04-18 | AP01 | officers | appoint person director company with name date |
| 2023-04-18 | AP01 | officers | appoint person director company with name date |
| 2023-04-18 | TM01 | officers | termination director company with name termination date |
| 2023-04-18 | TM01 | officers | termination director company with name termination date |
| 2023-04-18 | TM02 | officers | termination secretary company with name termination date |
| 2023-04-18 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2023-04-18 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2023-04-15 | DISS40 | gazette | gazette filings brought up to date |
| 2023-04-14 | AA | accounts | accounts with accounts type full |
| 2023-04-04 | GAZ1 | gazette | gazette notice compulsory |
| 2023-02-06 | CH03 | officers | change person secretary company with change date |
| 2022-11-16 | RESOLUTIONS | resolution | resolution |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
2.94
SAFE
Altman Z″
- Working capital / Total assets 0.320 × 6.56 = +2.10
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.050 × 6.72 = +0.34
- Book equity / Total liabilities 0.481 × 1.05 = +0.50
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