GMV NSL LIMITED
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Next accounts due
2027-09-30 (in 1y)
Last filed for 2025-12-31
Confirmation statement due
2026-10-20 (in 5mo)
Last made up 2025-10-06
Watchouts
None on the register
Cash
£4M
-7.7% vs 2024
Net assets
£5M
+8.9% vs 2024
Employees
95
+5.6% vs 2024
Profit before tax
£401K
+0.1% vs 2024
Net assets
2-year trend · vs Telecommunications median
Accounts
2-year trend · latest reflected 2025-12-31
| Metric | Trend | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Turnover | £10,379,198 | £11,604,931 | |
| Operating profit | £398,095 | £456,347 | |
| Profit before tax | £400,559 | £400,961 | |
| Net profit | £400,559 | £400,961 | |
| Cash | £3,852,396 | £3,554,116 | |
| Total assets less current liabilities | £4,486,917 | £4,887,878 | |
| Net assets | £4,486,917 | £4,887,878 | |
| Equity | £4,486,917 | £4,887,878 | |
| Average employees | 90 | 95 | |
| Wages | £4,752,104 | £5,194,264 | |
| Directors' remuneration | £167,259 | £136,279 |
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
FY2024 → FY2025 · period ending 2025-12-31 vs 2024-12-31
-
Turnover
+11.8%
£10,379,198 £11,604,931
-
Cash
-7.7%
£3,852,396 £3,554,116
-
Net assets
+8.9%
£4,486,917 £4,887,878
-
Employees
+5.6%
90 95
-
Operating profit
+14.6%
£398,095 £456,347
-
Profit before tax
+0.1%
£400,559 £400,961
-
Wages
+9.3%
£4,752,104 £5,194,264
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 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating margin | 3.8% | 3.9% | |
| Net margin | 3.9% | 3.5% | |
| Return on capital employed | 8.9% | 9.3% | |
| Current ratio | 2.09x | 2.08x | |
| Interest cover | — | 8.24x |
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 3 times since incorporation
- GMV NSL LIMITED 2020-10-15 → present
- NOTTINGHAM SCIENTIFIC LIMITED 1998-11-26 → 2020-10-15
- NOTTINGHAM SCIENTIFIC COMPANY LIMITED 1998-11-17 → 1998-11-26
- ACCRUESTYLE LIMITED 1998-10-06 → 1998-11-17
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Rayner Essex LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements. the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements. GMV NSL Limited has net assets at the balance sheet date of £4,887,878 (2024: £4,486,917). The financial statements have been prepared on the basis that the Company will continue as a going concern for the foreseeable future, or at least twelve months from the date of approval of these financial statements. No material uncertainties that may cast significant doubt about the ability of the company to continue as a going concern have been identified by the directors, therefore the directors believe the going concern basis to be appropriate.”
Significant events
- “GMV NSL has achieved important milestones in the different projects that will continue in the following years. In parallel, GMV NSL has concluded commercial prospects in the same areas under execution during 2025.”
- “GMV NSL has extended relationships with relevant UK stakeholders in the Space sector: local industry, clients and national agencies. Of notable significance, GMV NSL has started work with the UK government and UK industry to shape the UK contribution to the European Space Agency budget in readiness for both the UK spending review and the ESA Council of Ministers in 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DUMVILLE, Mark | Director | 2004-04-28 | Nov 1969 | British |
| GMV INNOVATING SOLUTIONS, S.L. | Corporate Director | 2020-07-31 | — | — |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ASHKENAZI, Esther | Secretary | 1998-11-09 | 2002-09-01 |
| SEYMOUR, John Stanley | Secretary | 2002-09-01 | 2020-07-31 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1998-10-06 | 1998-11-09 |
| ASHKENAZI, Esther | Director | 2001-12-31 | 2020-07-31 |
| ASHKENAZI, Vidal, Professor | Director | 1998-11-09 | 2020-07-31 |
| SINCLAIR, Jonathan Stuart | Director | 2012-04-02 | 2018-05-31 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 1998-10-06 | 1998-11-09 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ms Carmen Mónica Martínez-Walter | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2020-07-31 | Active |
| Pilar Susana Martínez-Walter | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2020-07-31 | Active |
| Mr Mark Dumville | Individual | Significant influence | 2016-09-09 | Ceased 2020-07-31 |
| Professor Vidal Ashkenazi | Individual | Shares 25–50%, Voting 25–50% | 2016-09-09 | Ceased 2020-07-31 |
| Mrs Esther Ashkenazi | Individual | Shares 25–50%, Voting 25–50% | 2016-09-09 | Ceased 2020-07-31 |
Filing timeline
Last 20 of 105 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-05-20 RESOLUTIONS Resolution
- 2020-10-15 CERTNM Certificate change of name company
- 2020-10-15 CONNOT Change of name notice
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-03 | AA | accounts | Accounts with accounts type full | |
| 2025-10-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-24 | AA | accounts | Accounts with accounts type full | |
| 2024-10-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-16 | AA | accounts | Accounts with accounts type full | |
| 2023-10-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-06-01 | CH01 | officers | Change person director company with change date | |
| 2023-06-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-05-20 | RESOLUTIONS | resolution | Resolution | |
| 2023-05-13 | AA | accounts | Accounts with accounts type small | |
| 2023-05-10 | SH01 | capital | Capital allotment shares | |
| 2022-12-07 | CH01 | officers | Change person director company with change date | |
| 2022-12-07 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-10-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-11 | AA | accounts | Accounts with accounts type small | |
| 2021-10-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-15 | AA | accounts | Accounts with accounts type full | |
| 2020-10-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-10-15 | CERTNM | change-of-name | Certificate change of name company | |
| 2020-10-15 | CONNOT | change-of-name | Change of name notice |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.