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Next accounts due

2027-03-31 (in 10mo)

Last filed for 2025-06-30

Confirmation statement due

2026-11-24 (in 6mo)

Last made up 2025-11-10

Watchouts

None on the register

Cash

£523

+2.1% vs 2024

Net assets

£86M

+2,175.2% vs 2024

Employees

0

Average over period

Profit before tax

£90M

+9,818.2% vs 2024

Accounts

2-year trend · latest reflected 2025-06-30

Metric Trend 2024-06-302025-06-30
Turnover
Operating profit £76,848£88,614,314
Profit before tax -£928,265£90,211,021
Net profit -£928,265£90,211,021
Cash £512£523
Total assets less current liabilities £73,783,860£96,423,850
Net assets -£4,147,345£86,063,675
Equity -£4,147,345£86,063,675
Average employees 00
Wages

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 2024-06-302025-06-30
Return on capital employed 0.1%91.9%
Gearing (liabilities / total assets) 104.5%13.1%
Current ratio 1.00x9.02x
Interest cover 0.01x20.35x

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
UK-adopted IAS
Reporting scope
Standalone (parent only)
Auditor
Grant Thornton
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Company relies on an undertaking by the ultimate parent entity, DUG Technology Ltd, to provide ongoing financial support to enable the company to remain a going concern and to pay its debts as and when they fall due for a period of at least 12 months from the date of signing of this financial report.”

Group structure

  1. DOWNUNDER GEOSOLUTIONS (UK) LIMITED · parent
    1. DownUnder GeoSolutions (London) Pty Limited 100% · United Kingdom · seismic data analysis, software solutions and high-performance computing as a service (HPCaaS)
    2. DownUnder GeoSolutions (America) LLC 100% · USA · seismic data analysis, software solutions and high-performance computing as a service (HPCaaS)
    3. DownUnder GeoSolutions (Asia) Sdn Bhd 100% · Malaysia · seismic data analysis, software solutions and high-performance computing as a service (HPCaaS)
    4. DownUnder GeoSolutions (Malaysia) Sdn Bhd 49% · Malaysia · seismic data analysis, software solutions and high-performance computing as a service (HPCaaS)
    5. DUG Technology (24N) Ltd 100% · United Arab Emirates · seismic data analysis, software solutions and high-performance computing as a service (HPCaaS)
    6. DUGEO Solutions (India) Private Limited 100% · India · seismic data analysis, software solutions and high-performance computing as a service (HPCaaS)
    7. DUG DO Brasil LTDA 80% · Brazil · seismic data analysis, software solutions and high-performance computing as a service (HPCaaS)

Significant events

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

People

2 active · 0 resigned

Name Role Appointed Born Nationality
BOWER, Louise Elizabeth Director 2014-04-02 Apr 1969 British
LAMONT, Matthew Gordon Director 2014-04-02 May 1963 Australian

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Dr Matthew Gordon Lamont Individual Significant influence 2016-04-06 Active

Filing timeline

Last 20 of 49 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2022-08-24 RESOLUTIONS Resolution
  • 2022-08-18 MA Memorandum articles
Date Type Category Description
2026-04-11 AA accounts Accounts with accounts type full
2025-11-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-03-31 AA accounts Accounts with accounts type full
2025-03-24 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-04-15 AA accounts Accounts with accounts type full
2024-03-15 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-03-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-03-14 PSC04 persons-with-significant-control Change to a person with significant control PDF
2023-03-10 AA accounts Accounts with accounts type full
2022-09-22 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2022-09-22 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2022-08-24 RESOLUTIONS resolution Resolution
2022-08-18 MA incorporation Memorandum articles
2022-06-13 AA accounts Accounts with accounts type group
2022-04-04 AD01 address Change registered office address company with date old address new address PDF
2022-03-25 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-07-05 AUD auditors Auditors resignation company
2021-04-08 AA accounts Accounts with accounts type group
2021-03-29 CS01 confirmation-statement Confirmation statement with updates PDF
2021-03-29 AD01 address Change registered office address company with date old address new address PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

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

Year-on-year

FY2024 → FY2025 · period ending 2025-06-30 vs 2024-06-30

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

Official Companies House page