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Cash

£2.3M

-28.5% lowest in 3 filed years

Net assets

-£6.5M

-915% lowest in 3 filed years

Employees

84

-7.7% lowest in 3 filed years

Profit before tax

-£6M

-512.6% lowest in 3 filed years

Watchouts

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

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-08-31

Metric Trend 2023-08-312024-08-312025-08-31 Δ vs prior
Turnover £14,087,336£11,655,134£10,423,307 -10.6%
Operating profit -£3,892,665-£669,996-£5,806,291 -766.6%
Profit before tax -£4,140,765-£977,581-£5,988,287 -512.6%
Net profit -£4,239,917-£1,079,964-£6,097,421 -464.6%
Cash £2,690,232£3,212,132£2,296,858 -28.5%
Total assets less current liabilities £2,204,883£3,039,059-£2,922,475 -196.2%
Net assets £376,363-£643,436-£6,530,938 -915%
Equity £376,363-£643,436-£6,530,938 -915%
Average employees 1099184 -7.7%
Wages £7,993,885£7,044,577£6,561,771 -6.9%
Directors' remuneration £425,186£415,608£409,357 -1.5%

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 2023-08-312024-08-312025-08-31
Operating margin -27.6%-5.7%-55.7%
Net margin -30.1%-9.3%-58.5%
Return on capital employed -176.5%-22.0%
Current ratio 0.47x0.67x0.55x
Interest cover -15.11x-1.98x-26.92x

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
FRS 102
Reporting scope
Consolidated group
Auditor
Lubbock Fine LLP
Audit opinion
Unqualified (clean)
Going concern
Material uncertainty disclosed

“At the balance sheet date an amount of £3,040,093 (2024 - £2,507,887) was due to key management personnel in respect of a loan. This loan was transferred from an other related party to the key management personnel on 16 December 2022. The loan is secured by a charge over the Group's assets and bears interest at a rate of 13% per annum and is due for repayment no earlier than 1 September 2026.”

Group structure

  1. VISIONOSS LIMITED · parent
    1. VisionOSS Incorporated 100% · USA · IT & Telecoms distribution
    2. VisionOSS Pty Limited 100% · South Africa · IT & Telecoms distribution
    3. LayerX Technologies Incorporated 100% · USA · IT & Telecoms distribution

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

People

4 active · 15 resigned

Name Role Appointed Born Nationality
LIPSCOMBE, Derek Andrew Secretary 2009-04-06 British
CAROE, Mark Frederick Director 2021-10-06 Oct 1961 British
FRAYNE, Michael Director 2006-02-27 Oct 1959 British
LIPSCOMBE, Derek Andrew Director 2008-07-15 Dec 1962 British
Show 15 resigned officers
Name Role Appointed Resigned
ANDREWS, Adrian Peter Secretary 2006-10-03 2009-04-06
BHARDWAJ, Ashok Nominee Secretary 2003-02-20 2003-02-20
RIST, Kjartan Secretary 2003-02-20 2006-10-03
BARTON, Henry Director 2003-02-20 2008-08-12
BATTISTI, Marcos Director 2012-05-03 2016-05-20
BERTRAND, Cyril Director 2008-08-12 2021-10-06
BRENNAN, Anthony Paul Director 2005-07-01 2008-08-12
COLLINS, Brian Henry Director 2011-02-12 2012-05-03
FARMER, Mark Director 2008-08-12 2020-01-28
GUEFOR, Abdul Director 2016-06-23 2017-11-03
LIPSCOMBE, Derek Andrew Director 2003-02-20 2006-11-15
MIDDLETON, Ian Director 2003-03-13 2006-11-15
O'HARA, Ronald John Director 2005-07-01 2006-03-30
PETERS, Stefan Jes, Dr Director 2003-02-20 2008-08-12
BHARDWAJ CORPORATE SERVICES LIMITED Corporate Nominee Director 2003-02-20 2003-02-20

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Intel Corporation Corporate entity Shares 25–50%, Voting 25–50% 2016-04-06 Ceased 2021-04-01

Filing timeline

Last 20 of 217 total filings

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

  • 2023-02-16 MA Memorandum articles
  • 2023-02-10 RESOLUTIONS Resolution
  • 2022-03-08 RESOLUTIONS Resolution
  • 2021-12-18 RESOLUTIONS Resolution
Date Type Category Description
2026-05-10 AA accounts Accounts with accounts type group
2026-03-09 CS01 confirmation-statement Confirmation statement with updates PDF
2025-11-25 CH03 officers Change person secretary company with change date PDF
2025-06-06 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-04-23 AA accounts Accounts with accounts type group
2025-03-04 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-07-30 AA accounts Accounts with accounts type group
2024-03-07 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-04-26 AA accounts Accounts with accounts type group
2023-03-13 CS01 confirmation-statement Confirmation statement with updates PDF
2023-02-16 MA incorporation Memorandum articles
2023-02-10 RESOLUTIONS resolution Resolution
2022-06-08 AA accounts Accounts with accounts type group
2022-03-09 CS01 confirmation-statement Confirmation statement with updates
2022-03-08 RESOLUTIONS resolution Resolution
2022-03-07 SH01 capital Capital allotment shares
2022-02-01 AP01 officers Appoint person director company with name date PDF
2022-02-01 TM01 officers Termination director company with name termination date PDF
2021-12-18 RESOLUTIONS resolution Resolution
2021-06-11 SH03 capital Capital return purchase own shares treasury capital date

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

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