UK Companies House feature
VESON NAUTICAL LIMITED
Cash
£309K
-28.9% vs 2023
Net assets
£2M
+27.2% vs 2023
Employees
83
+48.2% vs 2023
Profit before tax
£704K
+102.8% vs 2023
Profile
- Company number
- 08424141
- Status
- Active
- Incorporation
- 2013-02-28
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 62012
Net assets
6-year trend · vs UK AI & Enterprise SaaS median
Accounts
6-year trend · latest 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | £347,084 | £703,833 | |
| Net profit | — | — | — | — | £256,682 | £470,121 | |
| Cash | £100,984 | £130,248 | — | — | £433,968 | £308,540 | |
| Total assets less current liabilities | £469,952 | £580,912 | — | — | £1,801,226 | £2,638,694 | |
| Net assets | £432,844 | £530,494 | — | — | £1,726,495 | £2,196,616 | |
| Equity | £432,844 | £530,494 | — | — | £1,726,495 | £2,196,616 | |
| Average employees | — | 36 | — | — | 56 | 83 | |
| Wages | — | — | — | — | £5,381,984 | £8,336,305 |
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 §1A
- Reporting scope
- Standalone (parent only)
- Auditor
- Moore Kingston Smith LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The company made a profit of £470,121 (2023: £256,682) and has net current assets at the balance sheet date of £217,737 (2023: £1,782,971) and total not assets amounting to £2,196,616 (2023: £1,726,495), which included £357,389 (2023: £nil) due from group undertakings. The company is dependant on the parent company, Veson Nautical LLC for a significant part of its income and as such the company's cash flow is intrinsically linked with those of the group. Consequently, the company meets its day to day needs for working capital by way of funds provided by companies within the group. In addition, the parent company has agreed to provide sufficient funds to the company to enable it to continue operating and to meets its liabilities as they fall due for at lease one year from the date of approval of the financial statements. The directors believe that it is therefore appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of support from the parent company undertaking.”
Significant events
- “In 2024, Veson Nautical Limited built on the momentum of the previous year, focusing on expanding its customer base and enhancing its commercial platform. While the prior year saw a reduction in turnover and profitability due to one-off exceptional items, 2024 was marked by a return to steady growth.”
- “In 2024, the group accelerated research and development efforts, introduced new features, and optimized operational performance.”
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 · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| VESON, John | Secretary | 2025-02-01 | — | — |
| VESON, John | Director | 2013-02-28 | Sep 1974 | American |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SILK, Richard John | Director | 2013-02-28 | 2022-07-12 |
| VESON, Eva | Director | 2013-02-28 | 2017-01-31 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 42 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-04 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-10-10 | AA | accounts | accounts with accounts type full |
| 2025-03-06 | AD03 | address | move registers to sail company with new address |
| 2025-03-06 | AD02 | address | change sail address company with new address |
| 2025-03-05 | AP03 | officers | appoint person secretary company with name date |
| 2025-03-05 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-12-30 | AA | accounts | accounts with accounts type full |
| 2024-12-11 | AD01 | address | change registered office address company with date old address new address |
| 2024-12-09 | AD01 | address | change registered office address company with date old address new address |
| 2024-12-09 | AD01 | address | change registered office address company with date old address new address |
| 2024-05-14 | CH01 | officers | change person director company with change date |
| 2024-02-28 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-12-28 | AA | accounts | accounts with accounts type small |
| 2023-03-30 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-12-19 | AA | accounts | accounts with accounts type small |
| 2022-07-19 | TM01 | officers | termination director company with name termination date |
| 2022-02-28 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-01-21 | CH01 | officers | change person director company with change date |
| 2021-09-24 | AA | accounts | accounts with accounts type small |
| 2021-03-08 | CS01 | confirmation-statement | confirmation statement with no updates |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
0.88
DISTRESS
Altman Z″
- Working capital / Total assets 0.021 × 6.56 = +0.14
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.068 × 6.72 = +0.46
- Book equity / Total liabilities 0.269 × 1.05 = +0.28
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