NETWORK MAPPING LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-08-21 (in 3mo)
Last made up 2025-08-07
Watchouts
None on the register
Cash
£2M
+125.1% vs 2023
Net assets
£8M
+18.4% vs 2023
Employees
83
+16.9% vs 2023
Profit before tax
£2M
+81.3% vs 2023
Name history
Renamed 1 time since incorporation
- NETWORK MAPPING LIMITED 2008-05-02 → present
- NEW NETWORK MAPPING LIMITED 2007-08-20 → 2008-05-02
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £6,114,298 | £7,352,895 | |
| Operating profit | £699,028 | £1,362,363 | |
| Profit before tax | £846,445 | £1,534,321 | |
| Net profit | £645,569 | £1,186,479 | |
| Cash | £934,287 | £2,102,619 | |
| Total assets less current liabilities | £8,747,420 | £10,010,162 | |
| Net assets | £6,462,312 | £7,648,791 | |
| Equity | £6,462,312 | £7,648,791 | |
| Average employees | 71 | 83 | |
| Wages | £2,386,359 | £2,687,680 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 11.4% | 18.5% | |
| Net margin | 10.6% | 16.1% | |
| Return on capital employed | 8.0% | 13.6% | |
| Gearing (liabilities / total assets) | 38.1% | 28.5% | |
| Current ratio | 5.81x | 14.25x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Francis Maxwell LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 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 the company'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.”
Significant events
- “NM Group is a mission-critical partner to leading electric utilities, delivering insights that enhance the safety, efficiency, and capacity of transmission networks.”
- “Now under agile owner-management, the business is entering a new phase of rapid growth, scaling existing and new long-term contracts, developing its Caydence® SaaS platform, and collaborating to expand into adjacent sectors.”
- “The Company continued to invest in automation of data acquisition and processing and strengthened PLS-CADD modelling capability areas that underpin quality, repeatability, and competitive differentiation.”
- “Development of utility-focused software initiatives progressed, including ambient-adjusted rating (AAR) capabilities with commercialisation targeted for FY2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LOPSAITIS, Kostas | Director | 2022-12-31 | Sep 1984 | Lithuanian |
| THOMAS, Benjamin David | Director | 2022-12-31 | Dec 1977 | British |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| JONES, Justine Landseer | Secretary | 2011-04-06 | 2017-05-26 |
| LANGWORTH, David William | Secretary | 2007-08-20 | 2011-04-06 |
| BRUNKER, Shane William | Director | 2012-11-29 | 2015-12-01 |
| HALL, Thomas James | Director | 2016-01-01 | 2017-05-26 |
| JACOBS, Kevin Paul | Director | 2007-08-20 | 2019-04-30 |
| KEINANEN, Timo Juhapekka | Director | 2017-05-26 | 2022-05-13 |
| KESPER, Juergen | Director | 2019-04-30 | 2022-12-31 |
| LANGWORTH, David William | Director | 2007-08-20 | 2019-04-30 |
| LEHTINEN, Kai Tapio | Director | 2017-05-26 | 2019-04-11 |
| O'DONNELL, John Patrick Hugh | Director | 2007-08-20 | 2008-08-19 |
| REEDER, Robbert Hendrik Herman | Director | 2019-04-30 | 2022-12-31 |
| RICHARDSON, Paul | Director | 2007-08-20 | 2014-09-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Network Mapping Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 79 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-02 | AA | accounts | Accounts with accounts type full | |
| 2025-08-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-12 | AA | accounts | Accounts with accounts type full | |
| 2024-08-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-13 | AA | accounts | Accounts with accounts type full | |
| 2023-08-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-12 | TM01 | officers | Termination director company with name termination date | |
| 2023-01-12 | TM01 | officers | Termination director company with name termination date | |
| 2023-01-12 | AP01 | officers | Appoint person director company with name date | |
| 2023-01-12 | AP01 | officers | Appoint person director company with name date | |
| 2023-01-07 | AA | accounts | Accounts with accounts type full | |
| 2022-08-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-13 | TM01 | officers | Termination director company with name termination date | |
| 2022-01-07 | AA | accounts | Accounts with accounts type full | |
| 2021-08-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-01-07 | AA | accounts | Accounts with accounts type full | |
| 2020-08-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-12-19 | AA | accounts | Accounts with accounts type full | |
| 2019-12-04 | DISS40 | gazette | Gazette filings brought up to date | |
| 2019-12-03 | GAZ1 | gazette | Gazette notice compulsory |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+20.3%
£6,114,298 £7,352,895
-
Cash
+125.1%
£934,287 £2,102,619
-
Net assets
+18.4%
£6,462,312 £7,648,791
-
Employees
+16.9%
71 83
-
Operating profit
+94.9%
£699,028 £1,362,363
-
Profit before tax
+81.3%
£846,445 £1,534,321
-
Wages
+12.6%
£2,386,359 £2,687,680
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers