TARGA TELEMATICS UK LIMITED
Get an alert when TARGA TELEMATICS UK LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£138k
-49.3% lowest in 3 filed years
Net assets
£1.2m
-42.1% lowest in 3 filed years
Employees
31
+3.3% vs 2024
Profit before tax
-£887k
-132.2% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-04-27.
Net assets
3-year trend · vs Telecommunications 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 | £2,820,599 | £2,575,537 | £2,769,664 | +7.5% | |
| Operating profit | £291,121 | -£427,380 | -£914,375 | -113.9% | |
| Profit before tax | £293,188 | -£382,176 | -£887,276 | -132.2% | |
| Net profit | £191,525 | -£293,295 | -£843,562 | -187.6% | |
| Cash | £530,253 | £271,431 | £137,739 | -49.3% | |
| Total assets less current liabilities | £3,341,662 | £2,873,277 | £1,861,594 | -35.2% | |
| Net assets | £2,296,304 | £2,003,009 | £1,159,447 | -42.1% | |
| Equity | £2,296,304 | £2,003,009 | £1,159,447 | -42.1% | |
| Average employees | 31 | 30 | 31 | +3.3% | |
| Wages | £1,157,142 | £1,356,426 | £1,514,247 | +11.6% | |
| Directors' remuneration | £133,488 | £149,442 | £143,784 | -3.8% |
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 | 10.3% | -16.6% | -33.0% | |
| Net margin | 6.8% | -11.4% | -30.5% | |
| Return on capital employed | 8.7% | -14.9% | -49.1% | |
| Gearing (liabilities / total assets) | 48.8% | 49.8% | 68.8% | |
| Current ratio | 3.04x | 2.90x | 1.26x | |
| Interest cover | 61.16x | — | — |
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 5 times since incorporation — the current trading name was adopted 2026-02-27
- TARGA TELEMATICS UK LIMITED 2026-02-27 → present
- TARGA VIASAT UK LIMITED 2024-08-01 → 2026-02-27
- VIASAT CONNECT LIMITED 2020-11-12 → 2024-08-01
- ENIGMA VEHICLE SYSTEMS LIMITED 2010-09-09 → 2020-11-12
- ENIGMA VEHICLE SYSTEMS PLC 2004-07-29 → 2010-09-09
- L H L ELECTRONICS LIMITED 1992-04-21 → 2004-07-29
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Taylor Viney & Marlow Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have at the time of approving the financial statements, a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future... parent company, Targa Telematics S.p.A., has confirmed that they are prepared to provide financial support”
Significant events
- “The company changed it's name on 27 February 2026, the previous company name being Targa Viasat UK Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 25 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KEAM-GEORGE, Lucy | Secretary | 2017-04-03 | — | — |
| BALBO DI VINADIO, Massimiliano | Director | 2023-05-16 | Sep 1964 | Italian |
| DE MATTIA, Nicola | Director | 2023-05-16 | Apr 1966 | Italian |
| FALCIONE, Alberto | Director | 2023-05-16 | Feb 1972 | Italian |
| KEAM GEORGE, Katie | Director | 2014-06-10 | Jul 1982 | British |
| KEAM GEORGE, Simon | Director | 2014-06-10 | Jul 1986 | British |
| STEFANELLI, Carlo | Director | 2023-05-16 | Jun 1983 | Italian |
Show 25 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HEFFER, Alison Jayne | Secretary | 1993-12-31 | 1994-07-01 |
| KEAM GEORGE, Janice Lee | Secretary | 2014-06-11 | 2017-03-31 |
| LLOYD, Christopher James | Secretary | 1994-07-01 | 2014-06-11 |
| LLOYD, Christopher James | Secretary | 1992-04-22 | 1993-12-31 |
| SPENCER COMPANY FORMATIONS LIMITED | Corporate Nominee Secretary | 1992-04-21 | 1992-04-22 |
| BAKER, Robert | Director | 1997-07-01 | 1998-01-01 |
| GETTO, Massimo | Director | 2014-06-10 | 2021-04-06 |
| GRAY, Stuart Charles | Director | 2005-09-26 | 2013-09-30 |
| HEFFER, Alan Leonard | Director | 1993-02-23 | 1994-07-01 |
| KEAM-GEORGE, Ian James | Director | 2000-04-06 | 2017-04-28 |
| KEAM-GEORGE, Ian James | Director | 1994-07-01 | 1998-01-01 |
| KEAM-GEORGE, Janice Lee | Director | 2011-10-01 | 2017-04-28 |
| LLOYD, Christopher James | Director | 1994-07-01 | 2014-06-11 |
| LLOYD, Christopher James | Director | 1992-04-22 | 1993-03-21 |
| LLOYD, Gillian Dorothy | Director | 2011-10-01 | 2014-06-11 |
| LLOYD, Trevor Alan | Director | 1992-04-22 | 1993-03-21 |
| PANIGADA, Giovanni | Director | 2014-06-10 | 2018-11-30 |
| PETRONE, Barbara | Director | 2014-06-10 | 2018-11-30 |
| PETRONE, Marco | Director | 2021-04-06 | 2022-03-08 |
| PETRONE, Marco | Director | 2014-06-10 | 2020-07-01 |
| PUIS, Stéphane | Director | 2022-03-08 | 2023-10-23 |
| WAINWRIGHT, Adrian Neil | Director | 1997-07-01 | 2010-06-10 |
| WHITE, David Ian | Director | 2016-04-01 | 2018-06-08 |
| SPENCER COMPANY FORMATIONS (DELAWARE) INC | Corporate Nominee Director | 1992-04-21 | 1992-04-22 |
| SPENCER COMPANY FORMATIONS LIMITED | Corporate Nominee Director | 1992-04-21 | 1992-04-22 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Viasat Group S.P.A | Corporate entity | Shares 75–100% | 2019-05-17 | Active |
| Viasat Telematics Limited | Corporate entity | Shares 75–100% | 2016-04-14 | Ceased 2019-05-17 |
Filing timeline
Last 20 of 178 total filings
Material constitutional events — rename, articles re-file, resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-21 | AA | accounts | Accounts with accounts type full | |
| 2026-02-27 | CERTNM | change-of-name | Certificate change of name company | |
| 2025-11-12 | CH01 | officers | Change person director company with change date | |
| 2025-09-24 | AA | accounts | Accounts with accounts type full | |
| 2025-05-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-24 | AA | accounts | Accounts with accounts type full | |
| 2024-08-01 | CERTNM | change-of-name | Certificate change of name company | |
| 2024-04-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-26 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-10 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-10 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-10 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-10 | AP01 | officers | Appoint person director company with name date | |
| 2023-08-22 | AA | accounts | Accounts with accounts type small | |
| 2023-04-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-12 | AA | accounts | Accounts with accounts type full | |
| 2022-04-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-26 | AP01 | officers | Appoint person director company with name date | |
| 2022-04-26 | TM01 | officers | Termination director company with name termination date | |
| 2021-10-13 | AA | accounts | Accounts with accounts type audit exemption subsiduary |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.