DNV SERVICES UK LIMITED
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Cash
£3.6m
-11.1% lowest in 3 filed years
Net assets
£33m
-15.7% vs 2024
Employees
784
+6.2% highest in 3 filed years
Profit before tax
£1.6m
-60.7% first positive since 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £77,705,269 | £119,982,975 | £123,668,823 | +3.1% | |
| Operating profit | £46,338 | £3,913,954 | £1,127,969 | -71.2% | |
| Profit before tax | -£1,878,528 | £4,108,469 | £1,614,697 | -60.7% | |
| Net profit | -£1,927,101 | £3,309,640 | £1,059,924 | -68% | |
| Cash | £10,759,767 | £4,034,682 | £3,585,900 | -11.1% | |
| Total assets less current liabilities | £28,857,276 | — | — | — | |
| Net assets | £15,827,976 | £39,071,366 | £32,943,190 | -15.7% | |
| Equity | £15,827,976 | £39,071,366 | £32,943,190 | -15.7% | |
| Average employees | 481 | 738 | 784 | +6.2% | |
| Wages | £36,504,327 | £54,394,978 | £59,611,756 | +9.6% | |
| Directors' remuneration | £273,446 | £295,534 | £291,857 | -1.2% | |
| Directors' pension contributions | £26,258 | £28,666 | £28,088 | -2% | |
| Highest paid director | £142,024 | £151,425 | £133,636 | -11.7% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 0.1% | 3.3% | 0.9% | |
| Net margin | -2.5% | 2.8% | 0.9% | |
| Return on capital employed | 0.2% | — | — | |
| Gearing (liabilities / total assets) | 68.8% | 40.4% | 63.5% | |
| Current ratio | 2.15x | 1.07x | 0.87x | |
| Interest cover | 0.20x | 4.80x | 7.20x |
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.
Name history
Renamed 6 times since incorporation
- DNV SERVICES UK LIMITED 2021-04-26 → present
- DNV GL LIMITED 2015-10-13 → 2021-04-26
- DET NORSKE VERITAS LIMITED 1996-04-03 → 2015-10-13
- DET NORSKE VERITAS INDUSTRY LIMITED 1994-09-01 → 1996-04-03
- DNV TECHNICA LIMITED 1992-04-06 → 1994-09-01
- TECHNICA LIMITED 1980-12-31 → 1992-04-06
- LOADADD LIMITED 1980-06-24 → 1980-12-31
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Company or to cease its operations, and as they have concluded that the Company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements ("the going concern period").”
Group structure
- DNV SERVICES UK LIMITED · parent
- Germanischer Lloyd Industrial Services Holdings (UK) Limited 100%
- Noble Denton Group Limited 100%
Significant events
- “On 29 September 2025, the company acquired second part of business of fellow group company, GL Industrial Services UK Limited. Net value of operations have been calculated for £7,231,600.”
- “The unstable situation in the Middle East throughout 2025 escalated in early 2026 following U.S. and Israeli military actions against Iran and subsequent retaliatory actions by Iran... DNV has business activities in the region that are directly impacted... overall business impact is assessed as moderate... The effect on this entity is expected to be minimal.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 32 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HUGHES, Kevin | Director | 2022-09-01 | Mar 1982 | British |
| STEBBINGS, Robert Thomas | Director | 2022-02-11 | Apr 1974 | British |
| VAMADEVAN, Pradeep | Director | 2019-01-09 | Apr 1967 | British |
Show 32 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HARDWICK, Ewa Teresa | Secretary | 2008-12-19 | 2009-09-16 |
| SHARMA, Anil | Secretary | 2009-09-16 | 2010-03-26 |
| STOUT, Michael Richard | Secretary | 1996-04-22 | 2008-12-04 |
| TILSON, Aaron | Secretary | 2010-03-26 | 2016-02-02 |
| WHITEHOUSE, Richard James | Secretary | — | 1996-04-22 |
| AADNESEN, Torolf | Director | — | 1996-04-22 |
| BACKELIN, Rolf Tommy | Director | 2006-12-20 | 2010-12-16 |
| BACKELIN, Rolf Tommy | Director | 1996-04-22 | 2000-04-07 |
| BENNETT, Graham Robert | Director | 2013-02-20 | 2017-03-14 |
| BROWN, Donald Malcolm | Director | 2002-10-16 | 2007-07-02 |
| FERNANDEZ, Mervyn Cajetan | Director | 2018-01-24 | 2022-03-04 |
| FOYEN, Lars | Director | 2000-04-07 | 2002-10-16 |
| GJERSTAD, Torkell | Director | 1994-03-11 | 1994-12-21 |
| HARMAN, Keir Daniel | Director | 2022-02-11 | 2025-10-07 |
| LIGHT, Iain Michael | Director | 2000-04-07 | 2007-07-02 |
| LINN, Jeremy Duncan Manwaring | Director | 2013-02-20 | 2017-03-30 |
| MAIDMENT, Christine | Director | 2013-02-20 | 2016-01-04 |
| PAPE, Eric Douglas, Dr | Director | 2002-10-16 | 2008-12-26 |
| PAPE, Eric Douglas, Dr | Director | 1999-04-14 | 2000-04-07 |
| PITBLADO, Robin Maurice, Dr | Director | 1999-04-14 | 2000-04-07 |
| REED, Michael Anthony | Director | 2000-04-07 | 2002-10-16 |
| RODHOLM, Peter | Director | 1995-01-06 | 2002-04-29 |
| SMERDON, Jason Cosmo | Director | 2016-01-04 | 2018-01-12 |
| STOUT, Michael Richard | Director | 1999-04-14 | 2008-12-04 |
| SUTCLIFFE, David Kay | Director | 2008-12-18 | 2016-01-04 |
| SUTCLIFFE, David Kay | Director | 2000-04-07 | 2002-09-25 |
| SUTCLIFFE, David Kay | Director | — | 1996-04-22 |
| TANGEN, Helge Dag | Director | 2000-04-07 | 2005-06-01 |
| VAMADEVAN, Pradeep | Director | 2007-07-02 | 2018-04-23 |
| VERLE, Stein Thor | Director | — | 1992-05-07 |
| VOGTH ERIKSEN, Thomas | Director | 1996-04-22 | 2000-04-07 |
| WEIBYE, Bjorn | Director | — | 1996-04-22 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Dnv As | Corporate entity | Shares 75–100% | 2025-09-03 | Active |
| Mr Mervyn Cajetan Fernandez | Individual | Significant influence | 2018-01-24 | Ceased 2022-02-11 |
| Mr Pradeep Vamadevan | Individual | Significant influence | 2016-04-06 | Ceased 2025-09-03 |
| Mr Thomas Vogth-Eriksen | Individual | Significant influence | 2016-04-06 | Ceased 2020-02-12 |
| Mr Jason Cosmo Smerdon | Individual | Significant influence | 2016-04-06 | Ceased 2018-01-12 |
Filing timeline
Last 20 of 261 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-14 | AA | accounts | Accounts with accounts type full | |
| 2026-02-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-07 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-04 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-09-04 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-08-04 | AA | accounts | Accounts with accounts type full | |
| 2025-02-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-17 | AA | accounts | Accounts with accounts type full | |
| 2024-02-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-02-07 | SH01 | capital | Capital allotment shares | |
| 2023-11-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-07-10 | AA | accounts | Accounts with accounts type full | |
| 2023-02-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-09-06 | AP01 | officers | Appoint person director company with name date | |
| 2022-06-28 | AA | accounts | Accounts with accounts type full | |
| 2022-04-08 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-03-07 | TM01 | officers | Termination director company with name termination date | |
| 2022-02-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-02-14 | AP01 | officers | Appoint person director company with name date | |
| 2022-02-14 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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.