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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-04-27

Overdue

Watchouts

1 item

Cash

£271K

-48.8% vs 2023

Net assets

£2M

-12.8% vs 2023

Employees

30

-3.2% vs 2023

Profit before tax

-£382K

-230.4% vs 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

4-year trend · latest reflected 2024-12-31

Metric Trend 2021-12-312022-12-312023-12-312024-12-31
Turnover £2,820,599£2,575,537
Operating profit £291,121-£427,380
Profit before tax £293,188-£382,176
Net profit £191,525-£293,295
Cash £530,253£271,431
Total assets less current liabilities £3,341,662£2,873,277
Net assets £2,296,304£2,003,009
Equity £1,605,609£2,054,679£2,296,304£2,003,009
Average employees 3130
Wages £1,157,142£1,356,426
Directors' remuneration £133,488£149,442

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

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2021-12-312022-12-312023-12-312024-12-31
Operating margin 10.3%-16.6%
Net margin 6.8%-11.4%
Return on capital employed 8.7%-14.9%
Current ratio 3.04x2.90x
Interest cover 61.16x-124.89x

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

  1. TARGA TELEMATICS UK LIMITED 2026-02-27 → present
  2. TARGA VIASAT UK LIMITED 2024-08-01 → 2026-02-27
  3. VIASAT CONNECT LIMITED 2020-11-12 → 2024-08-01
  4. ENIGMA VEHICLE SYSTEMS LIMITED 2010-09-09 → 2020-11-12
  5. ENIGMA VEHICLE SYSTEMS PLC 2004-07-29 → 2010-09-09
  6. 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

“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.”

Significant events

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 177 total filings

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

  • 2026-02-27 CERTNM Certificate change of name company PDF
  • 2024-08-01 CERTNM Certificate change of name company PDF
Date Type Category Description
2026-02-27 CERTNM change-of-name Certificate change of name company PDF
2025-11-12 CH01 officers Change person director company with change date PDF
2025-09-24 AA accounts Accounts with accounts type full PDF
2025-05-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-09-24 AA accounts Accounts with accounts type full PDF
2024-08-01 CERTNM change-of-name Certificate change of name company PDF
2024-04-26 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-04-26 TM01 officers Termination director company with name termination date PDF
2023-10-10 AP01 officers Appoint person director company with name date PDF
2023-10-10 AP01 officers Appoint person director company with name date PDF
2023-10-10 AP01 officers Appoint person director company with name date PDF
2023-10-10 AP01 officers Appoint person director company with name date PDF
2023-08-22 AA accounts Accounts with accounts type small
2023-04-27 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-09-12 AA accounts Accounts with accounts type full
2022-04-26 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-04-26 AP01 officers Appoint person director company with name date PDF
2022-04-26 TM01 officers Termination director company with name termination date PDF
2021-10-13 AA accounts Accounts with accounts type audit exemption subsiduary
2021-10-13 GUARANTEE2 other Legacy

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
4

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.

Official Companies House page